CNCo to Acquire Hamburg Süd’s Bulk Shipping Activities
The China Navigation Company (CNCo), a subsidiary of the Swire Group, has entered into an agreement with German shipping company Hamburg Süd to acquire the latter’s bulk shipping business.
Rotterdam Port Launches Scheme Supporting Climate-Friendly Shipping
The Port of Rotterdam Authority has launched a new financial scheme supporting projects intended to reduce the shipping sector’s CO2 emissions.
Port of Newcastle Becomes Part of EcoPorts Network
Port of Newcastle has become the first port in Australia or New Zealand to commit to meeting global environmental and sustainability standards as set by EcoPorts.
Vietnam Welcomes Its Largest Boxship to Date
Earlier this month, Cai Mep International Terminal (CMIT) welcomed the largest container vessel to ever call a Vietnamese port.
Port of Fujairah to Ban Open-Loop Scrubbers in Its Waters
The Port of Fujairah, the only multi-purpose port on the East Coast of the UAE, and a major bunkering and energy hub, has decided to ban the use of open-loop scrubbers in its waters.
Survey: UK Ports Widely Unprepared for Brexit
CEOs and directors of around 100 ports and harbours around the UK polled by the Shipping and Maritime practice of Odgers Berndtson, a global executive search firm, have disclosed a startling lack of readiness for the looming Brexit.
Drewry: 2020 Sulphur Cap Conundrum for Chemical Tankers
The impending IMO fuel deadline in 2020 is creating a dilemma for chemical tanker owners when it comes to selecting the solution to become compliant.
Costamare Invested USD 900 Mn in Fleet Expansion in 2018
During the previous year, Greece-based containership owner Costamare invested nearly USD 900 million in strengthening its fleet.
Aderco: Planing for Sulphur Cap Just Over a Month Away
Swiss-based marine fuel treatment company Aderco reminded ship owners, ship managers and operators that they should already have started planning to comply with the IMO’s 2020 global sulphur cap.
New Initiatives Unveiled to Strengthen Singapore as a Global Maritime Hub
Singapore has announced two new initiatives intended to strengthen the region’s standing as a global maritime hub.
Euronav CEO: The Whole World of Bunkering Is Changing
With less than a year to go before the 2020 sulphur cap enters into force, the shipping industry is facing one of the biggest challenges in recent history with regard to selecting the path toward compliance.
Study Points to Benefits of Burning LNG on ULCV Newbuild
Burning liquefied natural gas (LNG) as marine fuel on board a newbuild 14,000 TEU containership operating on an Asia-US West Coast (USWC) liner routing delivers higher return on investment on a 10-year horizon when compared to six fuel pricing scenarios, a study finds.
Krasnoye to Build 11 Cargo Carriers for STLC
Krasnoye Sormovo Shipyard, a part of the United Shipbuilding Corporation, has received a contract to construct 11 cargo carriers for Russia’s State Transport Leasing Company (STLC).
COSCO Strengthens Presence in Singapore
Hong Kong-listed port operator COSCO Shipping Ports has signed an official agreement with PSA Corporation Limited (PSA) for the addition of two new berths at the COSCO-PSA Terminal (CPT) in Singapore.
Dutch Owner Fined USD 3.4 Mn for Beaching a Ship
Dutch ship owner Holland Maas Scheepvaart Beheer II has paid a price tag of almost EUR 3 million (USD 3.4 million) for having beached a vessel for scrapping in India.
Report: Despite Automation, Qualified Transport Workers Still Needed in the Future
The introduction of automation in global transport will be evolutionary, rather than revolutionary and despite high levels of automation, qualified human resources with the right skill sets will still be needed in the foreseeable future, a new report produced by the World Maritime University finds.
Turkey Increases Fines for Sea Pollution
Pollution fines for vessels in Turkish waters have significantly increased, marine insurer West of England said.
Denmark Unveils Cyber Security Strategy for Maritime Sector
Denmark has launched a new sectoral strategy for the shipping industry as part of the government’s cyber and information security strategy
ADNOC Cuts Fuel Consumption, CO2 Emissions by 23 Pct
ADNOC Logistics & Services (ADNOC L&S), the marine and logistics subsidiary of the Abu Dhabi National Oil Company (ADNOC), said that it has reduced fuel consumption and carbon emissions by 23% across a fleet of 27 vessels.
MV Werften to Expand Design Capacities with Rostock Firm
Germany’s shipbuilder MV Werften is expanding its design capacities with the acquisition of the Rostock-based Neptun Ship Design.