Some highlights: Second quarter and first half-year 2020 • Adjusted Result* for Q2 2020: USD 29 million (Q2 2019: USD -12 million) • Asset Management: USD 11 million (USD -3 million) • Dry Operator: USD -4 million (USD -6 million) • Tanker Operator: USD 22 million (USD -3 million) • Adjusted Result* for H1 2020: …
Cyber security is a major concern for vessels at sea today. The impact of unauthorized, and even authorized, access to ships’ systems can be catastrophic, potentially resulting in reputational, financial and environmental damage, robbery, piracy or simply malicious interference. These are all distinct risks for an unprotected vessel. Consider potential cyber risks Not all threats, …
Shipping group Maersk (MAERSKb.CO) on Wednesday issued full-year earnings guidance above its forecast at the beginning of the year and said it expects demand for moving containers at sea to return to pre-COVID levels in the first half of next year. The company’s share price jumped more than 7% in early trade to an eight-month …
Maersk sees container demand at pre-COVID levels in first half of 2021 Read More »
Resolución de 6 de agosto de 2020, de la Secretaría General de Pesca, por la que se establece el procedimiento para la verificación de las capturas almacenadas y el control de la primera venta de coral rojo (Corallium Rubrum). https://www.boe.es/boe/dias/2020/08/14/pdfs/BOE-A-2020-9718.pdf
Destinará cerca de 8 millones de euros a dos obras que considera imprescindibles y urgentes Agradece especialmente el esfuerzo de Puertos del Estado y de su Presidente, Francisco Toledo, que ha aprobado de forma urgente, y a pesar de estar en periodo vacacional, la modificación del Plan de Inversiones El visto bueno del organismo estatal …
The Master and Chief Officer of Wakashio, a grounded bulk carrier that split in two off Mauritius and caused an ecological disaster, have been arrested by local authorities. On 18 August, the Mauritius Police Force (MPF) arrested the two men on charges of jeopardizing the safety of navigation, Japanese shipping companies Nagashiki Shipping and Mitsui …
Mauritius police arrests Master, Chief Officer of ill-fated bulker Wakashio Read More »
Oilfield services giant Halliburton has won a deal to design and implement a series of digital transformation projects aimed at boosting production from Thailand-based PTTEP’s offshore oil fields. Halliburton said on Tuesday that the digital transformation projects would be part of PTTEP’s Advanced Production Excellence (APEX) initiative. According to the company, APEX will improve operational …
PTTEP inks digital transformation deal with Halliburton Read More »
A.P. Moller – Maersk managed to improve profitability across all businesses in the second quarter of 2020 despite a sharp drop in global volumes following the COVID-19 crisis. Earnings before interest, tax, depreciation, and amortisation (EBITDA) improved to $ 1.7 billion, beating initial expectations from June of an EBITDA slightly above $ 1.5 billion. The …
Maersk defies COVID-19 impact with strong Q2 results, lifts profit outlook Read More »
Swedish oil company Lundin Energy has named a new president and chief executive officer (CEO) effective as of 1 January 2021. Lundin said on Monday that Nick Walker was named as the president and (CEO) of the company following Alex Schneiter’s decision to step down from the position at the end of the year. Walker …
Lundin promotes COO to chief executive officer role Read More »
Image by: Airseas/K Line Japanese shipping major K Line and Airseas, a spin-off of aerospace company Airbus, have obtained an Approval In Principle (AIP) from classification society ClassNK for the design of the Seawing kite system which converts wind energy into propulsive force with its flying kite. “Obtaining the AIP marks the completion of the …
