Global Maritime Archives — Page 3 of 4

October 22, 2021 No Responses

TotalEnergies Receives New LNG Carrier

Japanese shipping major, NYK Line, has delivered Liquefied Natural Gas (LNG) carrier, LNG Endeavour to French energy giant, TotalEnergies. According to World Maritime report, the LNG carrier is equipped with a WinGD X-DF diesel engine that can operate on fuel oil...

September 14, 2021 No Responses

UK Seeks Zero Global Shipping Emissions

The UK government has backed an absolute zero target for international shipping emissions by 2050, marking the start of London International Shipping Week. This target, which would need to be agreed through the International Maritime Organization, wo...

September 3, 2021 No Responses

Maritime Organisation Reports Drop In Piracy Within Gulf Of Guinea

Citing a recent report of the International Maritime Organisation (IMO), the Flag Officer Commanding (FOC), Western Naval Command, Rear Adm. Jason Gbassa on Thursday reported a drop in piracy within the Gulf of Guinea. Gbassa said this through the C...

August 19, 2021 No Responses

Maersk Signs First Green Methanol Deal

A.P. Moller-Maersk said on Wednesday it had signed a contract securing green methanol as the world’s largest shipping firm gears up to operate its first carbon-neutral ship in 2023.With about 90% of world trade transported by sea, global shipping accou...

August 8, 2021 No Responses

Maersk Declares $3.7b Profit In Q2

Danish shipping and logistics giant A.P. Moller – Maersk has continued to deliver strong growth and profitability with profit going up to $3.7 billion in the second quarter of 2021. According to the company, Revenue was up almost 60% to...

July 22, 2021 No Responses

Air Liquide Pledges Support For World’s First Hydrogen Ship

Air Liquide, French gas and technology company has announced that it will become the main partner of the Energy Observer, “the world’s first hydrogen vessel”, for the next four years. The two partners have been working since the launch of the....

July 17, 2021 No Responses

Cosco Stakes $1.49b On Ten Containerships

Chinese shipping major, Cosco Shipping Holdings has signed an agreement with affiliate shipbuilder Cosco Shipping Heavy Industry Yangzhou for the construction of ten containerships. On 15 July 2021, Cosco sealed the deal with the shipyard splashing out a...

July 16, 2021 No Responses

Maritime Stakeholders Task Seafarers On Capacity Building

Maritime stakeholders have said that capacity building is key to a prosperous future for seafarers in the country. They made the assertion on Thursday at a webinar organised by the Female Seafarers Association of Nigeria (FESAN) to commemorate the Day...

July 14, 2021 No Responses

Shipping Firms To Tackle Oil Transfers At Sea

Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with elaborate strategies to dodge them.Washington ...

July 13, 2021 No Responses

Commonwealth Countries Record $345b Trade Loss In 2020

Commonwealth countries are estimated to have lost up to US$345 billion worth of trade in 2020, including $60 billion in intra-Commonwealth trade, according to 2021 Commonwealth Trade Review on “Energising Commonwealth Trade in a Digital World: Paths to Reco...

July 12, 2021 No Responses

Singapore Sustains Position As World’s Leading Maritime Centre

Singapore has been ranked as the top global shipping centre for the eighth year running, a new report found. As explained, Singapore has been rated as the top location due to the size of its port, number of internationally-focused shipbrokers,...

June 28, 2021 No Responses

Firm Extends Charter Period With COSCO For 17 Ships

Hong Kong-based containership owner Seaspan Corporation has forward fixed contracts, extending current lease terms for 17 containerships with China’s COSCO Shipping Line. The vessels were initially scheduled to conclude current charters with COSCO for a...

June 26, 2021 No Responses

Report: South Africa To Become Green Fuel Maritime Hub

South Africa holds an untapped opportunity to supply the global shipping industry with zero carbon fuels, a new report by Ricardo and Environmental Defense Fund reveals. The report “South Africa: fueling the future of shipping”, issued on behalf of P4...

June 23, 2021 No Responses

Daewoo Secures Order For Six LNG-Powered Container Vessels

South Korean shipping major Daewoo Shipbuilding & Marine Engineering (DSME) has received an order for the construction of six ultra large LNG-powered container vessels (ULCVs). The contract, worth KRW 1.1 trillion (about $1 billion), was signed with ...