Monday, May 21, 2018

MSC Chooses MacGregor to Optimise Container Carrying Capabilities of 31 Vessels

MacGregor, part of Cargotec, has received orders to optimise the container carrying capabilities of 31 MSC Mediterranean Shipping Company vessels from six different ship...

Port of LA Launches New Investor Relations Website to Attract Investors

The Port of Los Angeles has launched a newly dedicated investor website to better communicate with its invested stakeholders, including current and potential bond investors...

Hapag-Lloyd and Kuehne + Nagel Agree to 17% CO2 Reduction by 2020

Hapag-Lloyd and Kuehne + Nagel have committed themselves to significantly reduce carbon dioxide emissions in their common container-transport activities. The Carbon and Sustainability Pact...

CMA CGM and Total Sign Strategic Agreement for LNG Supply for Newbuilds

Total and CMA CGM have signed an agreement covering the supply of around 300,000 tons of liquefied natural gas (LNG) a year for 10...

IMO Elects 40 New States as Council Members

The Assembly of the International Maritime Organisation has elected the following States to be Members of its Council for the 2018-2019 biennium: Category (a) 10 States...

MOL Starts Multi-dimensional Analysis of Causes for Incidents on Vessels

Mitsui O.S.K. Lines, Ltd. (MOL) today announced that in December 2017, MOL and MOL Information Systems, Ltd. start multi-dimensional analysis of the causes for...

Wärtsilä VER System Reduces Environmental Impact, Increases Revenue

The technology group Wärtsilä is introducing its Voyage Emissions Reduction (VER) system as a means for increasing oil tanker revenues, while also significantly aiding...

Post-Acquisition by Maersk Line, Hamburg Süd Remains Hamburg Süd

Hamburg Süd will remain a commercially independent brand under its new owner, Maersk Line, however, with a greater product range and through a global...

GMG’s Acquisition of Furgo’s Trenching & Cable Lay Business Completed

The Global Marine Group (GMG) on Friday (December 1) announced the complete acquisition Fugro N.V.’s trenching and cable lay services business. The transaction provides...

CMA CGM Announces Completion of Sale of 90% Stake in LA Terminal

On December 1, the CMA CGM Group announced that it completed the sale of a 90% equity interest in Global Gateway South terminal (GSS)...