CMA CGM Agent in Munich Relocated
Otl-Aicher-Str. Phone and fax numbers remain unchanged.
Containers Must be Weighed Before Shipping
United Nations’ International Maritime Organization (IMO) has decided to make it mandatory to weigh loaded containers before they are transported by sea. This will…
NORECO's Revenue Dips in 3Q 2014
Norwegian Energy Company’s (Noreco) production in the third quarter of 2014 was basically unchanged from the previous quarter, significant impairments took down…
Keppel Infrastructure Sheds Facilities Arm
Keppel Infrastructure Holdings Pte Ltd (KI), through its wholly-owned subsidiary, has signed an agreement for the sale of its entire stake in Keppel FMO (KFMO) to…
Stena Donates Tanker Model to Paris Museum
Stena donates tanker model to the Musée National de la Marine in Paris, highlighting safe maritime practices and clean oceans. A ceremony was held Friday evening…
Ljubica Delivered to Jadran Group
A few days after delivering our latest tuna freezer vessel Ljubica to our distinguished customer, the Jadran Group, the ship is already across the hemisphere operating…
Petrobras’ Could Cut Logistics Costs by R$1 bi
One of a series of management improvement measures adopted by Petrobras in the last two years, the Logistics Infrastructure Optimization Program (Infralog) should…
HMAS Canberra Joins the Fleet
Governor General of Australia, His Excellency General the Honourable Sir Peter Cosgrove, AK, MC (Retd), together with the Prime Minister of Australia, the Hon Mr Tony Abbott…
BIMCO launches the Bunker Non-Lien Clause
BIMCO has today launched the Bunker Non-Lien Clause, aimed at reducing bunker suppliers’ reliance on ship arrest as a means of resolving claims for bunkers ordered but not paid for by time charterers…
Van Oord to Acquire Activities of Ballast Nedam Offshore
Van Oord has reached agreement on the acquisition of the activities of Ballast Nedam Offshore. The acquisition consists of the assets of Ballast Nedam Offshore, the dedicated EPCI staff (Engineering…
Little Change for November’s Logistics Confidence Index
Little month-to-month change as the November Stifel Logistics Confidence Index increased only 0.1 points to 59.0. Compared to November 2013, the overall index is up 1.9 points however…
Russian Assets Sink on Oil price Collapse
Russia's rouble and shares hit new lows on Friday as oil prices collapsed after OPEC decided to leave its output unchanged despite heavy oversupply. At 1000 GMT…
BIMCO wants IMO to Cut Red Tape
BIMCO has today announced its support for a report identifying ways to reduce red tape for shipping which will be presented to the International Maritime Organization (IMO) next week in London.
Shipping Industry Highlights Progress on CO2 Reduction
2.2% of the world’s total Green House Gas emissions during 2012 compared to 2.8% in 2007. Shipping’s total emissions have reduced by more than 10% during the same period.
Lagersmit, Back to Its Old Name
Starting in December 2014, IHC Sealing Solutions will operate under the new – but also old and trusted – name of Lagersmit. The new pay-off line ‘The Origin of Sealing…
Concordia Maritime Charters 2 P-MAX Tankers
Concordia Maritime signed time-charter contract for two P-MAX tankers and launched a pool with four vessels. The time-charter contracts are with Stena Bulk and cover…
Royal IHC Launches Subsea 7’s Seven Rio
Royal IHC (IHC) has today successfully launched Subsea 7's 550t pipelaying vessel, Seven Rio, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming…
EU Regs on Ship CO2 Reporting Complicates IMO Agreement
ICS Concerned that EU will Preempt IMO CO2 Negotiations. The global trade association for shipowners – the International Chamber of Shipping (ICS) – is disappointed and concerned that the European Union is about to pre-empt negotiations taking place at the International Maritime Organization (IMO) on the collection of data on CO2 emissions from ships, by unilaterally adopting a regional Regulation which will apply to non-EU flag vessels, as well as ships registered in the EU.
World’s Largest Boxship is DNV GL classed
CSCL Globe, the world’s largest containership and the first of a series of five 19,100 TEU containerships ordered by China Shipping Container Lines (CSCL) in 2013, has been named at Hyundai Heavy Industries (HHI) in Ulsan, South Korea. All of the vessels in the series will be constructed to DNV GL class. “At DNV GL, we are very honoured to be part of this project. CSCL Globe represents not only the largest, but one of the most energy efficient containers vessels in the world.
Asia VLCC Rates Could Could Climb Even More
Owners see rates climb by nearly $22,000 per day; Rates could peak as more tonnage comes free. Rates for very large crude carriers (VLCCs) on key Asian routes could…
