Shipping news – Page 108
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Shipping lines cleared by DOJ
Several of the world’s biggest container shipping lines, including Maersk and MSC, have been cleared of wrongdoing in a price fixing case in the USA.
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Much work to be done says Clean Arctic Alliance
As the International Maritime Organization (IMO) moves towards a ban on heavy fuel oil (HFO) in Arctic shipping, the Clean Arctic Alliance has called for further action.
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Dutch court rules on Fairstar
Last month, an Amsterdam court ruled that the former directors of Fairstar Heavy Transport must pay compensation to the owners of the company, following the purchase of a semi-submersible vessel.
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Multipurpose time charter rates fall
Time charter rates in the multipurpose shipping sector have fallen over the last month, according to the latest data from shipbroker Toepfer Transport.
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Confusion over the UAE's Qatar embargo
Port circulars from Abu Dhabi Port Authority and DP World appeared to ease the restrictions on maritime trade with Qatar, but the country’s Federal Transport Authority insists the announcements have been “misinterpreted”.
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Toll Group unveils vessel duo
Australia’s Toll Group has unveiled its latest general cargo vessel, Victorian Reliance II, at a naming ceremony at Webb Dock in Port Melbourne.
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Ulstein unveils offshore heavy lifter
Norway-headquartered shipbuilder Ulstein has unveiled a jack-up vessel design that is capable of handling and installing the next generation of offshore wind turbines.
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Grimaldi picks Telespazio for communications upgrade
The Grimaldi Group has signed two contracts with Telespazio for the upgrade of its satellite communications systemson its fleet of cargo and passenger vessels.
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DP World re-acquires P&O Ferries
DP World has purchased P&O Ferries, the holding company of P&O Ferries and P&O Ferrymasters, in a deal valued at approximately USD421 million.
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CSA 2020 disappointed with EC scrubber proposal
The Clean Shipping Alliance 2020 (CSA 2020) has expressed concerns over the European Commission’s (EC) proposal to the International Maritime Organisation (IMO) regarding the use of exhaust gas cleaning systems.
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Setramar sells multipurpose unit
International law firm Watson Farley & Williams (WFW) has confirmed that it advised Italy's Armamento Setramar, part of the Setramar Group, on the sale of its vessel Pietro Benedetti.
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AAL delivers for Stockyard
AAL has transported a 305-tonne Toshiba transformer for Australia’s Stockyard Hill wind farm in Victoria on behalf of Cargo Line International.
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Slowing growth threatens shipping
As the International Monetary Fund (IMF) revises its predictions for global growth in 2019 and 2020 - down to 3.5 percent and 3.6 percent respectively - BIMCO says the risks are piling up for the shipping industry.
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ARRC names TSL as agent
Atlantic Ro-Ro Carriers (ARRC) has appointed TSL Shipping & Trading as its sales agent in the US Gulf.
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Bolloré and Cosco strengthen ties
Bolloré Transport & Logistics and Cosco Shipping Lines have signed a memorandum of understanding (MoU) to strengthen their commercial relationships, while exploring new opportunities for cooperation in transport, logistics and port infrastructure.
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CMA CGM launches Ceva takeover
France-based container shipping giant CMA CGM launched its USD1.65 billion public tender offer for Switzerland-headquartered Ceva Logistics on February 12.
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Seafox 5 turns Blue
Fred. Olsen Windcarrier has renamed the jack-up vessel Seafox 5 to Blue Tern.
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End in sight for Hansa Heavy Lift
Dr. Christoph Morgen, preliminary insolvency administrator of Hansa Heavy Lift, has confirmed that the Hamburg-headquartered shipping line "will no longer have a business model at its disposal from March 2019 onwards".
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Expect delays at port of Antwerp
Three Belgian trade unions have called for a 24-hour general strike to take place on Wednesday February 13, 2019, effective 06:00.
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WW Ocean rolls transformers to the States
Royal Smit Transformers has used Wallenius Wilhelmsen Ocean (WW Ocean) ro-ro vessels to ship five transformers from Zeebrugge, Belgium to the ports of Savannah and Hueneme in the USA.