Shipping set to reduce carbon footprint further
NOVEMBER 30, 2014—The global shipping industry is on track to reduce its greenhouse gas emissions by 20% by 2020, according to the International Chamber of Shipping. Ocean shipping is one of the
Search Results for: container
Latest McAllister tug is JonRie equipped
NOVEMBER 24, 2014 — JonRie InterTech, LLC, Manahawkin, NJ, has supplied its fifth ship set of Full Bollard Pull Winches to McAllister Towing of New York. They are installed on the latest
Knud E. Hansen tweaks Reefer RoRo design
NOVEMBER 21, 2014 — Danish naval architect firm Knud E. Hansen has further developed a Reefer RoRo Ship design launched last year. The ship is intended for world-wide operation as a Reefer
World’s biggest box ship has world’s biggest engine
NOVEMBER 20, 2014 — The world’s largest containership, China Shipping Container Lines 19,000 TEU CSCL Globe (CSCL) is also noteworthy for being powered by what is, physically, the largest engine ever constructed
Study: Maritime traffic up 300% since 1992
NOVEMBER 18, 2014 — Shipowners still wondering why environmental regulatory pressure on the industry keeps growing might want to take a look at a new study quantifying global ship traffic that has
Matson to acquire Horizon’s Alaska operations
NOVEMBER 11, 2014 — Charlotte, NC, headquartered Horizon Lines (OTCQB: HRZL) looks set to soon disappear over the horizon and become a part of U.S.-flag shipping history. It is getting out the
Maersk Line, Limited pays $8.7 million in settlement
NOVEMBER 7, 2014 — Maersk Line, Limited, has paid the U.S. $8.7 million as the result of a civil settlement regarding the U.S.-flag operator’s failure to fully comply with certain terms of
CIT finances LR1 product tanker acquisitions
NOVEMBER 3, 2014 — CIT Group Inc. (NYSE: CIT) reports that CIT Maritime Finance has provided $64 million in senior secured credit facilities to Tanker Solutions III, LLC, a joint venture between
10 more CMA CGM ships to get nose jobs
OCTOBER 30, 2014 — Marseilles, France, headquartered CMA CGM is to retrofit ten more ships with bulbous bows optimized for current operating speeds. The container shipping giant has already carried out similar
Stolt to relocate Stamford tanker staff to Houston
OCTOBER 27, 2014 — Stolt-Nielsen Limited (Oslo Bors: SNI) is to relocate its tankers’ staff in Norwalk, CT to Houston, TX. The move will consolidate the company’s U.S.-based staff in Houston, which