World Maritime Archives — City Business News

April 16, 2024 No Responses

Maritime: Singapore Retains Position As World’s Top City

Singapore has retained its position as the leading maritime city in the world, followed by Rotterdam and London, according to the 2024 Leading Maritime Cities (LMC) report. The city-state, with its large owned and managed vessel fleets, strategic geographic advantages,...

December 15, 2023 No Responses

Firm Orders Four Methanol-Fueled Bulkers

China state-owned shipping company Shandong Shipping Corporation has been linked to an order of four methanol dual fuel bulkers from compatriot Qingdao Beihai Shipbuilding Heavy Industry. The 325,000 dwt vessels will be time chartered to Brazilian mining giant...

November 13, 2023 No Responses

Cyber-Attack Disrupts Port Operations

Australia’s largest ports operator is set to keep its sites closed for days as it recovers from a cyber-attack, according to government officials. Operations at its container terminals in Melbourne, Sydney, Brisbane and Perth have been suspended since Fr...

July 23, 2023 No Responses

Bidding Begins For South Korea’s Flagship Carrier

The bidding process for the privatization of South Korea’s flagship carrier HMM has been launched in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development B...

July 13, 2023 No Responses

Evergreen Confirms $5b Deal For 24 Methanol-Fueled Ships

Taiwanese container shipping major, Evergreen Marine has sealed the order for twenty-four methanol dual-fuel containerships in a monumental step toward decarbonizing its fleet. World Maritime News report that the construction deal has been div...

January 20, 2023 No Responses

World’s First Digital Ship Register Debuts

Denmark has launched the world’s first digital ship register to increase security related to ship registration and ship trading. Under the arrangement, Danish Maritime Authority has rolled out a new digital ship register to ease the workload with faste...

December 9, 2022 No Responses

Bill Gates-Backed Blue World Technologies Targets Maritime Sector

The Danish fuel cell manufacturer Blue World Technologies is set to start series production of a fuel cell-based auxiliary power unit (APU) system running on methanol intended for the maritime market. The company wants its fuel cells to replace conventio...

September 30, 2022 No Responses

World Maritime Day: NPA Pledges To Galvanize Stakeholders, Preserve Environment

By Moses Ebosele, ebosele@hotmail.com — The Nigerian Ports Authority (NPA)has reiterated its commitment to galvanize stakeholder opinion and preserve the environment. Addressing stakeholders at the 2022 World Maritime Day celebration on ...

July 14, 2022 No Responses

World Largest Ship To Fly Panama Flag

The Panama Ship Registry has added to its fleet the “EverAlot” container ship, the world’s biggest container ship and the first to break the 24,004 TEU mark. Panama has 18 of the world’s 20 largest container ships in terms of...

February 21, 2022 No Responses

NIMASA Renews MoU With World Maritime University

The Nigerian Maritime Administration and Safety Agency (NIMASA), has renewed its Memorandum of Understanding (MoU), with the World Maritime University, (WMU) Malmo, Sweden. A statement issued by Osagie Edwa...

January 23, 2022 No Responses

World’s 1st Liquefied Hydrogen Carrier Picks Maiden Cargo

The Suiso Frontier, the world’s first liquefied hydrogen carrier, will set sail from Australia to Japan with its first LH2 shipment, marking a milestone for the HESC project. A ceremony at Port of Hastings marked the Suiso Frontier‘s arrival from...

January 6, 2022 No Responses

MSC Dethrones Maersk As World’s Largest Ocean Carrier

Swiss container shipping company Mediterranean Shipping Company (MSC) is now the world’s largest ocean carrier by operated container vessel capacity, maritime consultancy Alphaliner said. On 5 January, MSC — the long-term number two — overtook Danish shi...

December 29, 2021 No Responses

World’s First Zero-Emission All-Electric Tanker Debuts

Japanese shipping company, Asahi Tanker has launched and named the first of its two next-generation all-electric tankers ordered in 2020. Named Asahi, the newbuild is scheduled to enter service in Tokyo Bay as a bunker vessel in March 2022.&nbs...

November 24, 2021 No Responses

CMA CGM Adds 62 Ships, Reports $5.6b Profit

For the third quarter (Q3) of 2021, French container shipping and logistics giant, CMA CGM attained $5.6 billion income, compared to $567 million recorded in Q3 2020. Meanwhile, a total of ten new owned vessels and three new 15,000 TEU chartered...