Weak Tanker Market Hurts Sovcomflot Earnings 22 May 2018 Вадим Николаев Driven by low freight rates in tanker sectors, Russian state-owned shipping company PAO Sovcomflot (SCF Group) ended the first quarter of this year in loss….
Digital Growth Could Shape the Port of the Future 19 May 2018 Вадим Николаев A number of developments in the digital and augmentation/automation areas could transform competitiveness and customer propositions at UK ports, according to a survey released by…
Shipping’s Decarbonization Will Need Major R&D Investment 17 May 2018 Вадим Николаев Following a lengthy process, the International Maritime Organization’s (IMO) member states finally agreed in April to require international shipping to decarbonize and at least halve…
North America-ECSA Demand to Rise in 2018 14 May 2018 Вадим Николаев Demand in the North America-ECSA container trade is expected to see gradual improvement during 2018, shipping consultancy Drewry said. There is evidence of a demand…
Italian Port Workers Launch Nation-Wide Strike 11 May 2018 Вадим Николаев Workers across Italian ports launched a 24-hour strike on May 11, voicing their dissatisfaction over the lack of lashing legislation enforcement and poor safety in…
Container Efficiency through Cooperation 10 May 2018 Вадим Николаев A new collaboration makes it possible that vessels that call on multiple terminals in Moerdijk and Tilburg will be combining cargo destined for a single…
Norwegian Cruise Line Sees Another Record Quarter 7 May 2018 Вадим Николаев Miami-based cruise company Norwegian Cruise Line Holdings witnessed a strong start to 2018 as its net income surged by 66.7 percent in the first quarter…
India’s 1st Floating LNG Terminal Inaugurated 3 May 2018 Вадим Николаев Indian’s first floating liquefied natural gas (LNG) terminal was inaugurated on May 1 by the country’s gas company H-Energy, a unit of Hiranandani Group. Eni’s…
Japan Could Become a Major LNG Bunkering Hub 2 May 2018 Вадим Николаев In the light of efforts to decarbonise maritime transport, the Japanese government expects LNG to become a significant fuel for shipping and is positioning Japan…
FSA, One Sea Aim to Enable Commercial Autonomous Shipping by 2025 29 April 2018 Вадим Николаев The Finnish Shipowners’ Association (FSA) has started a cooperation with One Sea ecosystem, striving to enable commercial autonomous maritime traffic by 2025. As informed, the…
CargoSmart: Carriers’ Reliability Slightly Down in March 27 April 2018 Вадим Николаев Carriers’ on-time schedule reliability decreased by 1.6%, from 59.6% in February 2018 to 58% in March 2018, latest data from intelligence provider CargoSmart shows. Reviewing…
Methanol Is Ready for Use as Marine Fuel 24 April 2018 Вадим Николаев In preparation for the International Maritime Organization’s upcoming 2020 sulphur limit, the shipping industry started considering a number of solutions, including low sulphur fuel oil…
Here Is the World’s Largest LEGO Ship 22 April 2018 Вадим Николаев Hong Kong-based cruise line company Dream Cruises has built a huge replica of its World Dream cruise ship out of LEGOs to mark the delivery…
All Italian Ports to Strike Today 22 April 2018 Вадим Николаев A nation-wide strike has been announced for today in Italian ports following a fatal accident at the Port of San Giorgio di Nogaro. The strike…
New Zealand First to Introduce Biofouling Standard for Ships 17 April 2018 Вадим Николаев From May 15, all commercial and recreational vessel operators will have to show they have managed biofouling on their vessels before they enter New Zealand…
