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Monthly Archives: June 2018

Asian Workshop Addressing Marine Litter

Marine litter poses significant risks to the marine environment, ecology and human health, and is a global concern. International Maritime Organization (IMO) has been taking action to address the problem, including regulating garbage discharge…
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ESL Shipping Acquires AtoB@C

Finnish dry bulker ESL ShippingLtd, a shipping company fully owned by Aspo Group, is going to acquire all the outstanding shares of AtoB@C Shipping AB and AtoB@C Holding AB (AtoB@C) that offer shipping services. The enterprise value is EUR 30 million.
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Hapag-Lloyd Slashes 2018 Profit Outlook

German container carrier Hapag-Lloyd has cut its profit outlook for the year 2018 amid a challenging and volatile environment for ocean carriers. A Reuters report quoted the shipper saying that freight rates had recovered more slowly than expected whil...
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Can JIT Ship Operation Cut Ship Emissions?

When arriving at a destination port, ships can remain anchored for many hours or days until getting a berth. During this time, fuel is still being used – which can have a significant impact on port air quality. Could Just-In-Time (JIT) ship…
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Exceptional Tribute Paid to Jacques R. Saadé

The death of Jacques R. Saadé, Founding President of the CMA CGM Group, roused an emotional response within the Group, in the entire maritime transportation industry and beyond. An exceptional tribute was paid to him on Friday, June 29, during his fune...
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Diana Containerships Sells m/v Puelo

Diana Containerships announced that it has completed the previously announced sale of one of its Post-Panamax container vessels, the m/v Puelo, with the delivery of the vessel to her new owners. The global shipping company specializing in the…
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IMO On Board

Lifeboat inspection, fire drills, emergency generator training, keeping watch, new friendships, ports, building professional networks, and working far away from home and family. These, and many more, are all part of life at sea, and International…
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USMMA Class of ’22 Arrives for Indoctrination

The U.S. Merchant Marine Academy at Kings Point (USMMA) welcomed 280, Class of 2022 “plebe candidates” for initial training today. The nearly 20-day orientation period known as Indoctrination, or Indoc, teaches plebe candidates the basics of maritime a...
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Oil Tight on Libyan Port Struggles

Libyan oil production could face protracted disruption as factions in the east seek to seize control of crude exports, adding pressure to a tight global market. Eastern factions have tried to take over oil exports in the past but have struggled…
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