Category: Maritime

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 increased nine...
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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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APM Terminals To Offer 18m Shares For Sale
November 2, 2018 No Responses

APM Terminals To Offer 18m Shares For Sale

APM Terminals Bahrain revealed its plans to raise around USD 32 million through its planned initial public offering (IPO). APM Terminals Bahrain will offer 18 million shares, equivalent to 20 per cent of its issued share capital, at BHD 0.66...
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DAKUKU: CHINA MARITIME SILK ROAD, GAME CHANGER FOR GLOBAL TRANSPORT
November 2, 2018 No Responses

DAKUKU: CHINA MARITIME SILK ROAD, GAME CHANGER FOR GLOBAL TRANSPORT

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the Chinese Belt and Road Initiative (BRI), also known as the Silk Road Economic Belt and the 21st-century Maritime Silk Road, will be....
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NIMASA DG In Dubai, To Enforce 0.5% Sulphur Limit On Bunker Fuel
November 2, 2018 No Responses

NIMASA DG In Dubai, To Enforce 0.5% Sulphur Limit On Bunker Fuel

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that the Agency will enforce strict compliance to the International Maritime Organisation regulation which puts a maximum of 0.5%  sulphur ...
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Maersk Explains Instant Booking Confirmation
November 1, 2018 No Responses

Maersk Explains Instant Booking Confirmation

With the introduction of instant booking confirmation, Maersk customers can now complete their bookings within seconds compared to previous waiting times of up to two hours. Eliminating this delay, as the first in the industry, is a top priority for...
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CMA CGM Introduces Sulphur Surcharge
November 1, 2018 No Responses

CMA CGM Introduces Sulphur Surcharge

French container shipping company CMA CGM is implementing low sulphur surcharge from/to the ports of Shanghai and Ningbo in China. Since October 1, 2018, the 0.5% sulphur limit is applicable to the above mentioned ports. As informed, the company will impose.....
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DAKUKU: GULF OF GUINEA STRATEGIC TO FOOD SECURITY
October 31, 2018 No Responses

DAKUKU: GULF OF GUINEA STRATEGIC TO FOOD SECURITY

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stressed the importance of the Gulf of Guinea to food security to the West and Central African sub-region stating that the region must be...
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Shipping Firm To Supply LNG For New Bulkers
October 29, 2018 No Responses

Shipping Firm To Supply LNG For New Bulkers

Finnish shipping company, ESL Shipping and Hamburg-based Nauticor have signed a long-term contract for the supply of liquefied natural gas (LNG) in the port of Oxelösund in Sweden. Under the deal, Nauticor will provide the environmentally friendly fuel for ES...
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1st LNG-Powered Cruise Ship Delivery Postponed
October 28, 2018 No Responses

1st LNG-Powered Cruise Ship Delivery Postponed

The delivery of the world’s first cruise ship to be powered solely by LNG, AIDAnova, will be delayed, German shipbuilder Meyer Werft said. The shipbuilder explained that it would need more time to thoroughly test all of the ship’s systems...
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IMO Adopts Ban on Carriage of Non-Compliant Fuels
October 27, 2018 No Responses

IMO Adopts Ban on Carriage of Non-Compliant Fuels

The IMO’s Marine Environment Protection Committee (MEPC 73) adopted today the MARPOL amendment to prohibit the carriage of non-compliant fuel oil on board ships. The ban relates to fuels intended for combustion purposes, propulsion or operation on board a s...
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CMA CGM Gets EU Approval To Acquire Finland’s Containerships
October 26, 2018 No Responses

CMA CGM Gets EU Approval To Acquire Finland’s Containerships

French shipping major CMA CGM has received a green light from the European Commission to acquire Finland’s Containerships.  The European Commission concluded that the proposed merger, which was agreed on June 20, 2018, would not raise competition concerns d...
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Shipping Firm To Introduce Fuel Surcharge
October 24, 2018 No Responses

Shipping Firm To Introduce Fuel Surcharge

  South Korean liner company Hyundai Merchant Marine (HMM) is joining the club of liner giants that are planning to add fuel adjustment surcharge ahead of the 2020 sulphur cap. The company said that the surcharge would be introduced in...
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World’s Largest LNG Bunker Supply Vessel Departs South Korea
October 23, 2018 No Responses

World’s Largest LNG Bunker Supply Vessel Departs South Korea

The world’s largest LNG bunker supply vessel Kairos departed from the Hyundai Mipo Dockyard in Ulsan, South Korea, on October 17, heading for the ship’s primary area of operation in Northwest Europe. The ship, with an LNG capacity of 7,500...
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