CMA CGM and PSA take just-in-time arrival digital
The CMA CGM Group and PSA Singapore have signed a Memorandum of Understanding (MOU) on sustainable solutions relating to CMA CGM’s port and terminal handling activities in Singapore. One of the focus
Legal
Fishing vessel grounded after captain left wheelhouse unattended
A captain’s decision to leave the wheelhouse of a fishing vessel unattended while on autopilot t led to the vessel’s grounding and sinking, says the National Transportation Safety Board in a marine
Shipping losses fall, but that’s not the whole story
First the good news, then the bad. That’s the main take away from marine insurer Allianz Global Corporate & Specialty SE’s Safety & Shipping Review 2022. The good news is that though
Promotion in Dan-Bunkering’s Stamford office
Sara Brady has been promoted to team leader, senior bunker broker & trader at Dan-Bunkering (Connecticut) LLC Brady began her career in the bunker industry in 2004 when joining LQM Petroleum Services
Seaways adopts a poison pill defense
As the Saverys family continues to contest a merger of Euronav into Frontline, billionaire shipping investor John Fredriksen has taken a significant stake in another tanker giant, New York City headquartered International
Eastaway to use power limitation for EEXI compliance
Singapore based containership operator Eastaway Ship Management is to equip six of its ships with Wärtsilä power limitation solutions for six vessels. The solutions will improve the ships’ Energy Efficiency Existing Ship
FMC requires more info from box ship alliances
The Federal Maritime Commission is upping its scrutiny of the three alliances that dominate global container shipping The alliances (2M, OCEAN, and THE) and each of their member companies will now be
“Ocean outlaws” hit with $3 million in fines
U.S. District Court Judge Richard G. Andrews for the District of Delaware yesterday sentenced Athens-based Liquimar Tankers Management Services Inc. and Evridiki Navigation Inc. to a total $3 million in criminal fines,
Hornblower gets $8 million green hydrogen project grant
Hornblower Group reports that its subsidiary, Hornblower Energy, has received an $8 million grant from the U.S. Department of Energy (DOE) to design, construct and operate a green hydrogen maritime fueling station.
Maersk reports “best earnings quarter ever”
A.P. Moller – Maersk (Maersk)may no longer be quite the world’s largest operator of containerships, but it continues to be a money machine, reporting record results for first quarter 2022 across all