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Category: Shipping


Shipping

GE, Nedstack Partner Up on Hydrogen Fuel Cells for Zero Emission Cruise Ships

March 22, 2019

Via: World Maritime News

The ultimate goal of GE and Nedstack is creating a truly zero-emission system that will enable the world’s first sustainable, clean cruise ships. As explained, the cruise industry shares a joint responsibility to eliminate the possible negative impacts it might […]


Shipping

Panama Canal Joins GIA for Low Carbon Shipping

March 19, 2019

Via: World Maritime News

The signing ceremony inducting the waterway into the GIA took place at the Panama Maritime World Conference and Exhibition. The move was made after the Panama Canal signed a letter of agreement on March 15 officially joining this group of […]


Shipping

Global Ports Holding Looks to 2019 with Confidence

March 13, 2019

Via: World Maritime News

The company’s consolidated revenues were USD 124.8 million in the period, rising by 7.2% from USD 116.4 million reported in 2017. The company’s cruise business witnessed a 9.2% increase in revenue, reaching USD 54.9 million for the year ended December […]


Impact & Regulations, Shipping

Port of Rotterdam Bracing for Operations under Brexit

March 12, 2019

Via: World Maritime News

Additional customs formalities, required for so-called third countries, would mean more intensive passport checks and inspections, leading to longer processing times at terminals. Steps taken would allow the Port of Rotterdam, Europe’s largest port, to better cope with customs documents […]


Shipping

NRF: US Retail Imports Set to Drop to Annual Low

March 11, 2019

Via: World Maritime News

According to a report by the National Retail Federation and Hackett Associates, the decline would be noted as the retail industry entered its annual lull between seasons, while plans for a tariff increase were put on hold. “Now that the […]


Shipping

Containerships Expects Improved Results in 2019

March 8, 2019

Via: World Maritime News

The company said its net sales are expected to grow and the EBITDA to improve compared to the previous year. Containerships delivered a net loss of EUR 1.7 million in 2018, against a profit of EUR 0.2 million reported in […]


Shipping

Port of Baltimore Tops 10 Million Tons of Cargo for Third Straight Year

March 7, 2019

Via: Transport Topics

The port of Baltimore had another historic year in 2018. The Maryland Port Administration’s public terminals handled 10.9 million tons of general cargo — more containers, cars, construction equipment and other cargo than ever before — surpassing 10 million tons […]


Shipping

SEALNG: LNG Sets Path Forward to Meet IMO GHG Reduction Goals

March 1, 2019

Via: World Maritime News

As explained, the maritime industry has two broad but major environmental initiatives related to air emissions — dramatic improvement of global air quality and reduction of GHGs. Reinforcing the case for LNG as a marine fuel, SEA\LNG Chairman Peter Keller […]


Shipping

Global Tensions Push MPC Container Ships Deeper into Loss

February 28, 2019

Via: World Maritime News

The company’s net loss expanded in the fourth quarter of 2018 to USD 5 million, compared to a loss of USD 2.2 million reported in the same period a year earlier. For the full year, MPC Container Ships’ net loss […]


Shipping

World Fuel Services Bolsters Bunkering Capacity in Gibraltar

February 27, 2019

Via: World Maritime News

The company added two barges, dedicated to marine gasoil and ultra low sulphur diesel, to its physical bunker operations. The barges also offer the option for multiple product segregation. This new operational set-up allows WFS to provide for a range […]