CMA CGM to acquire CONTAINERSHIPS
On June 20, 2018, CMA CGM Group announced the signature of an agreement between CMA CGM and Container Finance Ltd Oy pursuant to which the container shipping and logistics business Containerships (and Container Finance’s holdings in Multi-Link ...
CMA CGM embeds artificial intelligence onboard ships
The CMA CGM Group, a leading worldwide shipping Group, announced its collaboration, since the beginning of the year, with Shone, a San Francisco-based startup that is specializing in the use of artificial intelligence for maritime transportation....
Chaos warned for 2020 fuel market
An industry oldbie warned of a possible chaos in 2020 marine fuel market. Martin Tallett, the President of US energy consultant EnSys Energy & Systems commented in his recent interview that the fuel demand would be 2.3m barrels more than t...
A.P. Møller - Mærsk appoints new CFO
Carolina Dybeck Happe will assume responsibility as Chief Financial Officer (CFO) of A.P. Møller - Mærsk A/S, effective no later than 1 January 2019. She comes from a position as CFO of ASSA ABLOY, the global leader in door opening solutions. ...
MOL moves deeper into Subsea business
Mitsui O.S.K. Lines, Ltd. (MOL) announced that MOL and Mitsui & Co., Ltd. have entered into a share purchase agreement to acquire shares in AKOFS Offshore AS, which is owned by Akastor ASA. After in-kind contribution of the company of owne...
Bellona, Carnival join forces for zero emission vision
The Bellona Foundation and Carnival Corporation & plc, the world’s largest cruise company with nine global cruise line brands, have signed an agreement of cooperation where the parties agree to work together to continue improving environmen...
Tufton reveals innovation pilot project
A strategic project was announced on June 15 between Tufton Oceanic’s asset management company Oceanic Marine Management (OMM) and Lloyd’s Register (LR) in the area of maintenance optimisation and digital innovation. The project will cover...
"LNG is the most sensible fuel choice"
What kind of change would 2020 Global Sulphur cap bring to the marine fuel market, and who would benefit from the changes? An industry researcher predicted that Daewoo Shipbuilding & Marine Engineering (DSME) will greatly benefit from the tra...
NYK: long-term contract inked with Kobe Steel
NYK, together with Asahi Shipping Co. Ltd., has concluded a long-term contract with Kobe Steel Ltd. for the transport of coal for up to 20 years aboard a newly built ship. After delivery of the new vessel from Oshima Shipbuilding Co. Ltd. in 2021...
Aker demonstrates autonomous vessel in model tests
An autonomous ship model has been successfully tested in Aker Arctic's ice model test laboratory in Helsinki, Finland. In the demonstration test the ship model was able to detect obstacles in the ice tank utilizing onboard sensors, maneuver aroun...
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