Maersk’s Fuel Costs to Rise by $2B Per Annum

Maersk’s Fuel Costs to Rise by $2B Per Annum

The annual fuel bill of Danish shipping giant A.P.Moller Maersk is set to increase by USD 2 billion a year, at least, amid rising costs from the implementation of the 0.5 percent sulfur cap in 2020. Simon Bergulf, director for regulatory affairs...
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NIMASA ED, Bashir Jamoh, Unveils Book On Maritime Assets

NIMASA ED, Bashir Jamoh, Unveils Book On Maritime Assets

The book titled: “Harnessing Nigeria’s Maritime Assets – Past, Present and Future authored by the Executive Director, Finance and Administration of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Bashir Jamoh is to be launched on Tue...
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Violent Waves: Seven Ships Grounded

Violent Waves: Seven Ships Grounded

Seven ships are stranded outside the Kaohsiung Port in Taiwan having succumbed to heavy winds and violent waves caused by a strong storm that hit Taiwan.  All 88 crew members of the seven ships are reported to be safe, according to...
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Maersk, Klaveness Digital Team Up on Developing Digital Solutions For Shipping

Maersk, Klaveness Digital Team Up on Developing Digital Solutions For Shipping

Maersk Tankers and Klaveness Digital have joined forces to drive the development of intelligent digital solutions for the shipping industry.  As informed, Maersk Tankers will get access to Klaveness Digital’s digital platform, enabling the company to store ...
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World’s 1st LNG-Powered Cruise Ship Debuts

World’s 1st LNG-Powered Cruise Ship Debuts

AIDAnova, the world’s first cruise ship powered with LNG, has left Meyer Werft’s building dock in Papenburg, Germany.   It took almost two hours to float out AIDA Cruises’ newbuilding in the evening hours of August 21  The 180,000-ton vessel will...
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Firm Takes Delivery Of LNG-Fueled Bulker

Firm Takes Delivery Of LNG-Fueled Bulker

Finnish dry bulk shipping company ESL Shipping has taken delivery of LNG-fueled bulk carrier named Haaga. Thanks to the innovative technologies incorporated in the vessel’s design, the 160-meter, 25,600 dwt vessel has had its carbon dioxide footprint cut b...
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Maersk To Test Northern Sea Route

Maersk To Test Northern Sea Route

Danish industry major A.P.Moller Maersk is about to send a containership through the Northern Sea Route as part of a test run aimed at collecting scientific data. The route is becoming ever more appealing to the shipping industry, especially to...
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Maersk To Focus On Transport, Lists Drilling As Stand Alone Firm

Maersk To Focus On Transport, Lists Drilling As Stand Alone Firm

Danish transport and logistics group A.P. Moller – Maersk has decided to list Maersk Drilling as a standalone company on Nasdaq Copenhagen in 2019 in an effort to focus on transport and logistics. Having evaluated the different options for Maersk Drilling,....
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Firm Secures $47m Grimaldi’s Nine RoRo Vessels Contract

Firm Secures $47m Grimaldi’s Nine RoRo Vessels Contract

Norwegian maritime technology group Kongsberg Maritime has been awarded contracts with China’s Nanjing Jinling Shipyard to deliver power and hybrid systems to nine roll-on/roll-off (RoRo) vessels ordered by Italian Grimaldi Group. The contracts are valued at...
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NIMASA Boss Seeks Maritime Data Bank

NIMASA Boss Seeks Maritime Data Bank

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that the Agency is pushing for a single data window system of all activities in the Nigerian maritime sector in such a way that...
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Dakuku: NIMASA Floating Dockyard To Save Nigeria N36B

Dakuku: NIMASA Floating Dockyard To Save Nigeria N36B

The multimillion dollar floating Dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA) which arrived the country recently will save the Country millions of dollars in capital flight once operational.   The Director General of the A...
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Dakuku: We Are Committed To Repositioning NIMASA

Dakuku: We Are Committed To Repositioning NIMASA

The Director-General, of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has stressed that the Board and the entire management of the Agency are committed to ensuring that the Agency responds to its core mandate of advancin...
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Firm Begins Testing Of Scrubbers, LNG As Alternative Fuel

Firm Begins Testing Of Scrubbers, LNG As Alternative Fuel

German container shipping company Hapag-Lloyd revealed in its half-year results that it is preparing two pilot projects as a way of getting ready for the IMO’s 2020 sulphur cap. Namely, the company is testing exhaust gas cleaning technology (scrubbers) on...
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Firms To Accelerate Adoption Of LNG As Marine Fuel

Firms To Accelerate Adoption Of LNG As Marine Fuel

Mexico-based LNG company ÉNESTAS has joined SEA\LNG, a multi-sector industry coalition aiming at accelerating the adoption of LNG as a marine fuel. With the addition of ÉNESTAS, the SEA\LNG coalition bolsters its efforts to drive forward LNG as a marine fue...
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