French container shipping giant CMA CGM has agreed to buy a majority stake in Fenix Marine Services (FMS), one of the largest terminals in the Port of Los Angeles that provides container handling services to shipping lines. Photo: EQT/CMA CGM The 90 per cent stake will be bought for $2.3 billion from EQT Infrastructure III …
CMA CGM to become sole owner of Los Angeles terminal Read More »
Maritime data analytics company METIS Cyberspace Technology has introduced an upgraded version of its automated data-acquisition system, Ship Connect. Ship Connect (Source: METIS) The system launch is a part of the company’s efforts to enhance data transfer and monitoring while also enabling the development of ship performance analytics based on standard protocols. As described, the …
METIS updated data-acquistion system boosts digital shipping Read More »
Swedish company Alfa Laval has enhanced design and connectivity with its Gas Combustion Unit (GCU) 2.0 used to boil-off combustion on LNG carriers. Courtesy of Alfa Laval There is more LNG in transit than ever before since the demand is constantly increasing. So, regulating cargo tank pressure is vital when moving it by sea. This …
During the COP26 summit in Glasgow, Nigerian President Muhammadu Buhari has pledged Nigeria will cut its carbon emissions and reach net-zero by 2060, underlining the key role of gas in the country’s energy transition roadmap. While nations such as the UK, the United States, and the European Union have set targets to achieve net-zero by 2050, …
Nigeria vows to reach net-zero by 2060, highlights key role of gas in energy transition Read More »
La comitiva, encabezada por el ministro de Pesca y Asuntos Marítimos, Sakti Wahyu, destacó que Vigo es conocido por ser el Puerto Verde más importante del mundo, así como por su gestión pesquera. La delegación se mostró interesada por conocer la gestión de la Lonja y los logros alcanzados en el marco de la estrategia …
Today, A.P. Moller – Maersk (Maersk) announces the intended acquisition of Senator International, a well-renowned global freight forwarding company with a strong air freight offering. Furthermore, to expand its own controlled air network, Maersk is adding aircraft to its operations: three leased cargo planes to be operational from 2022 and two newbuilding Boeing aircraft to …
A.P. Moller – Maersk strengthens global Air Freight offering Read More »
Amid the uncertainty permeating global shipping, one thing is certain: Delays at port are inevitable — and will be for quite some time. This leaves importers no time to spare, rendering additional delays unaffordable. Freight rates have increased dramatically across the board in 2021, with some describing it as shadow inflation. FreightWaves covered the topic …
Don’t exacerbate delays by overlooking customs side of shipping Read More »
METIS Cyberspace Technology SA has launched the next generation of its automated data-acquisition system, Ship Connect, in a move which enhances data transfer and monitoring while also enabling the development of ship performance analytics based on standard protocols. Through a robust, flexible and unified data-transmission framework, the upgraded system enables the processing and visualisation of …
Next generation METIS data-acquisition system sets new standards in digital shipping Read More »
In the highly competitive oil & gas market, still suffering from oversupply and recovering from the oil price crash of a few years ago, it is essential that platform support vessels (PSVs) are as attractive to charterers as possible. For those operating in the highly regulated North Sea, this means high fuel efficiency and low …
Hybrid upgrade for Viking Supply Ships sharpens competitive edge of LNG-powered PSVs Read More »
Odfjell SE has entered into a sales agreement for the last three 9,000 dwt short-sea vessels that have operated in the company’s regional trade in Asia. The sale marks an exit from Odfjell’s short-sea regional trade in Asia as the remaining vessel on a timecharter to Odfjell will also be re-delivered to its owners in …
