5.8 C
New York

Merchant Navy

CMA CGM initiates $1.2bn cost saving scheme

Despite announcing record $23.5bn revenues for last year, France’s CMA CGM on Friday revealed it is initiating a $1.2bn cost saving scheme.

Fearnleys calls an end to cape misery

Norwegian broker Fearnleys is calling an end to the misery for capesizes, suggesting the dire run for large bulkers since the start of the year is nearly over.

Aswan picks up Hyundai Glovis post-panamax bulker

Qatar limestone specialist Aswan Trading and Contracting has acquired Japanese-built post-panamax bulker Glovis Donghae

Crowley Christens LNG-Fueled Con/Ro for Puerto Rico Route

Crowley Maritime christened its second LNG-fueled con/ro, Taíno, in a ceremony at its terminal in Puerto Rico.

Maastricht Maersk makes a maiden call to Rotterdam and honours Maersk’s commitment to The Netherlands

Maersk welcomes the latest latest next-generation Triple-E vessel – the most modern in the fleet – which has made her maiden voyage to Rotterdam.

ADNOC plans to add 25 vessels to fleet

Abu Dhabi National Oil Company (ADNOC) plans to add more than 25 vessels to its shipping fleet over the next five years.

Cargo Discharge Set to Begin for Fire-Damaged Yantian Express

The fire-damaged container ship Yantian Express is moored at the Freeport Container Port in Freeport, Grand Bahama, awaiting the unloading of damaged cargo.

Qatar confirms intention to order up to 60 LNG carriers

The head of QP yesterday confirmed speculation that the Middle Eastern nation will push ahead with plans to order up to 60 LNG carriers

Ruben Brothers offer for RBD Armatori sees fleet auction cancelled

With an offer on the table from Ruben Brothers investment fund, the planned auction of RBD Armatori’s shipping

Cosco ordering 16 newcastlemaxes for bauxite shipping project with Chalco

Chinese state-run shipping giant Cosco is ordering up to 30 newcastlemax bulk carriers at domestic yards to support its long-term shipping project Chalco

ONE Breaks Record For Highest Utilization of a Container Ship

Ocean Network Express (ONE) has broken the last reported world record for the largest amount of cargo ever stowed

MOL Chemical Tankers and Den Hartogh Logistics form strategic alliance

MOL Chemical Tankers Pte. Ltd. in Singapore and Den Hartogh Logistics in the Netherlands announce a strategic alliance

Recent articles

spot_img