Category: Maritime

Dakuku Implores Maritime Bureau On Fairness, Inaugurates ICIC Committee
December 5, 2018 No Responses

Dakuku Implores Maritime Bureau On Fairness, Inaugurates ICIC Committee

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has called on the International Maritime Bureau (IMB) to ensure fairness and balance in its reportage of piracy issues on Nigeria’s territorial waters.  Dakuku regretted...
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NYK, MLC To Float Holding Firm
December 1, 2018 No Responses

NYK, MLC To Float Holding Firm

Nippon Yusen Kaisha (NYK) and Mitsubishi Logistics Corporation (MLC) intend to establish a joint holding company in December 2018 and merge port and transportation business companies in April 2019. Earlier this year, the duo unveiled plans to integrate managem...
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Firm Unveils New LNG-Fueled Ferry
November 28, 2018 No Responses

Firm Unveils New LNG-Fueled Ferry

Spanish ferry company Baleària has splashed Marie Curie, its new smart ship with LNG engines.  The launching ceremony took place on Tuesday  at Cantiere Navale Visentini in Italy. The newbuilding is the company’s first ferry fueled by LNG that will oper...
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Shipping Firm Receives Two Tankers
November 24, 2018 No Responses

Shipping Firm Receives Two Tankers

Singapore-based ship management company Eastern Pacific Shipping has taken delivery of two Aframax tankers from Hanjin Heavy Industries & Construction – Philippines. Named M/V Iberian Sea and M/V Levantine Sea, the two tankers feature 114,000 in dwt eac...
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Evergreen Orders Four Feeder Vessels
November 21, 2018 No Responses

Evergreen Orders Four Feeder Vessels

Taiwan-listed container shipping major Evergreen Marine has placed an order for the construction of four feeder vessels at a Chinese yard. The containerships, which were ordered from Jiangnan Shipyard, will feature 2,500 TEU. Evergreen Marine is paying USD 31...
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Shipping Firm Seals Charter Deal With Berge Bulk
November 20, 2018 No Responses

Shipping Firm Seals Charter Deal With Berge Bulk

Greek dry bulk shipowner, Diana Shipping has entered into a time charter contract with Singapore-based Berge Bulk Shipping for one of its Capesize dry bulk vessels.  The 174,186 dwt Sideris GS was hired for a period until minimum December 15, 2019...
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‘Shipping Firms Wasting Money On Paper in Digitalization Era’
November 19, 2018 No Responses

‘Shipping Firms Wasting Money On Paper in Digitalization Era’

Shipowners are very far from realizing many of the benefits of digital technology and Big Data,  an analyst of shipping companies’ purchasing habits and head of  Product, Global Navigation Solutions, Hayley van Leeuwen has said.  She explained in an inte...
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Firm Receives Largest Floating Storage
November 17, 2018 No Responses

Firm Receives Largest Floating Storage

Singapore-based PaxOcean has delivered a 26,000m3 Floating Storage and Regasification Unit (FSRU) to Indonesia-based Jaya Samudra Karunia (JSK). Karunia Dewata is the largest FSRU to be built in China and the first to feature Type C cargo tanks. The unit was...
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Maersk Rules Out Mergers, Acquisitions In 2019
November 15, 2018 No Responses

Maersk Rules Out Mergers, Acquisitions In 2019

Danish transportation and logistics giant Maersk doesn’t see a strong need to pursue mergers and acquisitions in the following year, according to the company’s Chief Executive Officer, Søren Skou.  As explained, the company has over 20 per cent market ...
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A.P. Moller – Maersk Reports $10.1b Revenue In Q3
November 14, 2018 No Responses

A.P. Moller – Maersk Reports $10.1b Revenue In Q3

For the 2018 third quarter, A.P. Moller – Maersk has reported growth in both Ocean and non-Ocean with a total revenue increase of 31% to USD 10.1bn, 12% excluding Hamburg Süd.  Growth in non-Ocean was at 15%, which now contributes...
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LNG Carrier Survives Pirates Gun Fire In Bonny, Nigeria
November 13, 2018 No Responses

LNG Carrier Survives Pirates Gun Fire In Bonny, Nigeria

An LNG tanker was chased and fired upon by nine pirates in a speed boat on November 6, around 30 nautical miles southwest of Bonny, Nigeria, the IMB Piracy Reporting Center informed. The crew raised the alarm, mustered in the citadel,...
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Floating Storage To Make Big Comeback
November 9, 2018 No Responses

Floating Storage To Make Big Comeback

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Terminal Operator Explains $344m Revenue In Q3
November 8, 2018 No Responses

Terminal Operator Explains $344m Revenue In Q3

Philippine terminal operator International Container Terminal Services (ICTSI) witnessed a rise in its earnings supported by an improvement in volumes in the peeriod ended September 30, 2018. For the third quarter of the year, revenue from port operations incr...
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Seaport To Invest In Hydrogen As Fuel
November 5, 2018 No Responses

Seaport To Invest In Hydrogen As Fuel

Dutch-Belgian North Sea Port is looking to invest in hydrogen as fuel when opportunities arise, a representative of the port told World Maritime News at Offshore Energy Exhibition & Conference 2018 in Amsterdam. “We recently commissioned a pipeline from ...
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