World Maritime Archives — Page 2 of 11

September 16, 2021 No Responses

Maersk Acquires Portuguese Logistics Firm

Danish shipping giant A.P. Moller – Maersk has acquired HUUB, a Portuguese cloud-based logistics startup. World Maritime News reports on Wednesday that this is the company’s third acquisition this year within E-commerce logistics and it comes through the company’s venture activities with...

September 1, 2021 No Responses

World’s Largest Containership Makes First Crossing Through Suez Canal

The largest containership in the world, the 24,000 TEU Ever Ace, crossed the Suez Canal for the first time on 28 August 2021. The boxship measures 400 meters in length and 61.5 meters in width. It weighs about 235,000 tons...

August 27, 2021 No Responses

Tanker Crew Arrested Over Crude Oil Theft

The captain and 18 crew members of oil tanker, MT Strovolos have been detained by the Indonesian Navy on suspicion of stealing nearly 300,000 barrels of crude oil. According to World Maritime News, the Bahamas-flagged tanker was seized by the...

August 26, 2021 No Responses

Maersk’s Boxships To Feature World’s Largest Methanol Dual-Fuel Engines

German engine manufacturer, MAN Energy Solutions has been contracted to supply eight methanol dual-fuel engines for new Maersk’s containerships. In connection to the latest eight-ship order of the Danish shipping giant Maersk, Hyundai’s Ship-Building ...

August 15, 2021 No Responses

Sierra Leone To Sanction Ships Violating IMO Measures From Sept 1

Ships calling to ports in Sierra Leone could face serious fines if found in violation of the International Maritime Organisation (IMO) 2020 measures. From 1 September 2021, ship owners and operators risk penalties of up to $15,000 should they continue...

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 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 5, 2021 No Responses

US Bans Investment In China’s Shipbuilders

The Biden administration has banned U.S. investments in Chinese companies allegedly linked to China’s military, expanding hard-line policies introduced by the previous administration. The executive order bans American citizens from investing in some of...

May 25, 2021 No Responses

LNG Firm Completes First Reloading Operation

Croatia’s first Liquefied Natural Gas (LNG) import terminal, located on the island of Krk has completed its first small-scale reloading operation. The project noted that the liquefied natural gas was reloaded from the FSRU LNG Croatia to Avenir LNG’s...

May 20, 2021 No Responses

IMO Unveils New Measures To Address Containers Lost At Sea

The International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) has agreed to initiate new measures to detect and report containers lost at sea, which may enhance their positioning, tracking and recovery. The UN maritime body agreed to establ...

May 19, 2021 No Responses

Shipping Firms Unveil New Agenda To Curb Piracy In Gulf Of Guinea

After more than 95% of sea kidnappings happened in the Gulf of Guinea in 2020, almost 100 shipping companies, organizations, and flag states have signed a new declaration calling for and to piracy in the Gulf of Guinea. The violence,...

May 13, 2021 No Responses

Egypt To Expand Suez Canal

Abdel Fattah al-Sisi, Egyptian President has approved the widening and deepening of the southern part of the Suez Canal, after the 20,000TEU container vessel Ever Given crippled the critical maritime artery recently. With a length of 400 meters and a...

May 3, 2021 No Responses

MSC Rolls Out New Electronic Bill Of Lading

MSC Mediterranean Shipping Company is introducing an electronic bill of lading (eBL) for its customers, following a successful pilot phase. The company is using a solution on an independent blockchain platform WAVE BL. The system uses distributed ledger t...

May 1, 2021 No Responses

CMA CGM Seals Order For 22 Containership

French liner major CMA CGM has ordered the construction of 22 containerships worth around $2.3bn, making the deal the largest single containership order in China’s shipbuilding history. The orders are spread across three Chinese shipbuilders, Jia...