Maritime Archives — Page 87 of 135

February 11, 2019 No Responses

Nigeria Begins clampdown On Vessels Over Non-Compliance With Cabotage Regime

After several warnings, the Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced clampdown on vessels that do not comply with the provisions of the Cabotage Compliance Strategy introduced last year to ease the implementation of the Cabotage Act 2003...

February 9, 2019 No Responses

CMA CGM Concludes Acquisition of CEVA Logistics

The European Commission has given the green light to French shipping major CMA CGM to acquire Swiss logistics company CEVA Logistics. Following the approval, CMA CGM will acquire sole control of the Switzerland-based company. The commission concluded that...

February 8, 2019 No Responses

EU Adopts Proposal On Emissions From Maritime Transport

The European Commission has adopted a proposal to revise the EU system for monitoring, reporting and verification (EU MRV) of CO2 emissions from maritime transport. The system will be revised in order for the EU to take “appropriate account” of the globa...

February 7, 2019 No Responses

Maersk To Enhance Container Management Platform With Virtual Assistant

New smart technologies and seamless solutions continue to change the ship-ping industry. In 2019, Maersk will enhance its Remote Container Management (RCM) platform by a virtual assistant, named “Captain Peter”. The avatar will assist customers along the j...

January 31, 2019 No Responses

Hyundai Secures $286m Contract For Three Crude Oil Carriers

The world’s largest shipbuilder Hyundai Heavy Industries Group is off to a great start since the beginning of 2019 as new orders keep piling up. The latest win relates to the construction of three very large crude oil carriers (VLCCs),...

January 25, 2019 No Responses

NIGERIA RATIFIES 40 MARITIME CONVENTIONS, DOMESTICATES 19 INTERNATIONAL LAWS

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, has disclosed that Nigeria has been able to ratify 40 conventions passed by the International Maritime Organisation (IMO) and International Labour Organi...

January 24, 2019 No Responses

Firm Stakes $998m For Additional Stake In DP World

Dubai-based container port operator DP World has acquired an additional stake in DP World Australia (DPWA) from Gateway Infrastructure Investments and other financial investors valuing the company at an enterprise value of approximately AUD 1.4 billion (USD 99...

January 23, 2019 No Responses

Vietnam Welcomes Largest Boxship

Cai Mep International Terminal (CMIT) has welcomed the largest container vessel to ever call a Vietnamese port. The 16,022 TEU CMA CGM Marco Polo called at the terminal on January 11, 2019, as part of its FAL 3 Asia to...

January 18, 2019 No Responses

Ocean Alliance Deploys 330 Ships

The Ocean Alliance partners have presented their new service offering, which would see the carriers utilize 330 containerships. Namely, CMA CGM, COSCO Shipping Lines, OOCL and Evergreen signed the agreement for the launch of Ocean Alliance Day 3 Product, ...

January 17, 2019 No Responses

Report: Despite Automation, Qualified Transport Workers Still Needed

The introduction of automation in global transport will be evolutionary, rather than revolutionary and despite high levels of automation, qualified human resources with the right skill sets will still be needed in the foreseeable future, a new report produced ...

January 14, 2019 No Responses

Maersk Line Takes Delivery of New 3,600 TEU Containership

COSCO Zhoushan Shipyard has delivered a 3,600 TEU containership to Danish shipping company Maersk Line, named Vilnia Maersk. The ship is the sixth in a series of a total of seven Baltic feeders Maersk’s brand Seago Line plans to deploy in the ...

January 13, 2019 No Responses

Commission Probes Terminal Operators

The Hong Kong Competition Commission has opened an investigation to assess whether the recently created alliance between several container terminal operators may restrict competition in Hong Kong. Recently, COSCO-HIT Terminals (Hong Kong) Limited (CHT), ...

January 9, 2019 No Responses

Firm Orders Two Next-Generation Ships

Cruise line major Norwegian Cruise Line Holdings (NCLH) has ordered two next-generation cruise ships for its Oceania Cruises brand. The contract for the construction of the cruise vessels has been signed with Italian shipbuilder Fincantieri and has an overall ...

January 6, 2019 No Responses

Small-scale LNG Projects To Gain momentum

Small-scale LNG projects are expected to gain momentum driven by strong demand for LNG from small importers coupled with reduced risk and lower investment cost when compared to mega LNG export projects, according to Drewry. As a result, the UK-based...