Shipping group CMA CGM is set to buy auto transport company Gefco, French paper Les Echos reported on Friday, citing sources close to the matter.CMA CGM declined to comment.Gefco, in which French-Italian carmaker Stellantis holds a 25% stake…
Britain’s insolvency service has started formal criminal and civil investigations into P&O Ferries to look into the company’s decision to fire hundreds of workers without notice last month, business minister Kwasi Kwarteng said on Friday.The…
Norway's Yara and Azane Fuel Solutions have signed a deal to create a Scandinavian network of bunker terminals to supply ships with zero-carbon ammonia as marine fuel, the companies said on Friday.They said the network will make 'green' ammonia…
U.K. port bosses are scratching their heads as to how to meet demand as offshore wind, including new floating projects, ramps up around the country’s coastline.The U.K. government is pushing this source of energy and has a 40-gigawatt (GW) by…
The U.S. Senate on Thursday unanimously passed a bill to improve oversight of ocean shipping, a step supporters say will help ease export backlogs.The Ocean Shipping Reform Act, led by Senators John Thune and Amy Klobuchar, would strengthen…
Ro-ro and ro-pax operator Finnlines has inked a deal to install Yara Marine’s shore power solution on board three vessels to reduce fuel consumption, emissions, and noise in port. The installations are scheduled for completion in 2022.The turnkey…
Hurtigruten Norwegian Coastal Express partners with SINTEF to create zero emission ships for the Norwegian coast by 2030.Since 1893, Hurtigruten Norwegian Coastal Express has carried local passengers, goods, and tourists between 34 ports. The…
RightShip launched its new Maritime Emissions Portal (MEP), designed to help ports and terminal operators accelerate ship-based emissions reductions initiatives with more accurate and granular data.MEP is the first part of a planned broader…
On March 29, NYK was recognized by ClassNK with its highest rating of Class S on its Innovation Endorsement (IE) provider certification, which confirms a company’s innovative initiatives. NYK was highly evaluated for the NYK Remote Diagnostic Center (RDC)…
E-learning technology and service provider secures £10,000 grant to implement proof of concept for end-to-end crew training solution aboard working ferryInmarsat announced that e-learning technology and service provider Marine Learning Systems…
Cofco International said on Wednesday it had won a 25-year concession for an agriculture bulk terminal at Brazil's Port of Santos, expanding its footprint in the world's top soybean exporter.The STS11 terminal will be fully operational in 2026…
Germany's Tree Energy Solutions (TES), backed by Belgian firm AtlasInvest, said on Wednesday it would accelerate plans for a gas import terminal to be built at the northern German port of Wilhelmshaven in partnership with E.ON.It said it was…
Norway and the rest of Europe should close their sea ports to Russian ships, Ukrainian President Volodymyr Zelenskiy told the Norwegian parliament on Wednesday.'The European Union, and I do hope so Norway, need to introduce the ban on Russian…
Israeli shipping company ZIM Integrated Shipping Services (NYSE: ZIM) on Wednesday announced a new charter transaction with a group of investors initiated by MPC Capital AG, according to which ZIM will charter a total of up to six 5,500 TEU…
Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China's intensifying efforts to fight the spread of COVID-19 further rattles global supply chains.The Chinese coastal city…
