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MSC launches new intra-Italian service

MSC is starting a new Tyrrhenian feeder service replacing the current Gioia Tauro – Palermo – Naples shuttle. The new service will start calling Cagliari as from week 36, first call being on 2 September. It will be a weekly service operating one vessel with a capacity of 1,200 TEUs. The new call will enable import and export cargo from Sardinia to Gioia Tauro, one of our key Mediterranean hub. The rotation will be: Gioia Tauro – Palermo – Cagliari – Naples – Gioia Tauro. Source: MSC

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CMA CGM transports Summer’s “cool” products

– CMA CGM transports 30 million liters of ice cream, 12 billion bananas, 900 million pineapples and 2.5 billion kiwifruits around the world each year – CMA CGM draws on its Reefer expertise to preserve the taste qualities of fresh products Ice cream, bananas, pineapples or kiwifruits: so many fresh products to satisfy the taste buds of young and old during the Summer season. The CMA CGM Group, a world leader in shipping and logistics, recalls its role in the transport of these flagship Summer foods. CMA CGM, a key ...

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MABUX: Bunker market this morning, Aug 15.

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) demonstrated firm upward correction on Aug.14: 380 HSFO – USD/MT – 362.32(+6.39) 180 HSFO – USD/MT – 406.08(+6.51) MGO – USD/MT – 640.56(+8.52) Meantime, world oil indexes fell sharply on Aug.14 as weak economic data out of China and crude oil inventory gains in the United States’ spooked oil markets. Brent for October settlement decreased by $1.82 to $59.48 a barrel on the London-based ICE. Futures Europe ...

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Bunker Ammonia: Rapid Cross-Sector Progress from Industry, Government, Finance, and Class Societies

The maritime industry has been engaged in a frenzy of research since April 2018, when the International Maritime Organization (IMO) announced its Initial GHG Strategy mandating a 50% reduction in shipping’s emissions by 2050. On one hand, some industry players still believe that “there is no known technology today by which we could reach the 2050 target.” On the other hand, “2030, not 2050, must become the target, as the approximately 20-year lifetime of ships means that steps will need to be in place by then.” (These quotes are from ...

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Top 20 box ports: contrasting fortunes

1 Shanghai Yet again Shanghai claims the title for the world’s largest container ship port with 42M TEU – but its annual rate of growth has slowed, from 8.3% in 2017 to 4.4% this year. A major factor was slow domestic container growth. From January to November 2017, Shanghai’s domestic container trade jumped 16.7%, compared to only 3.4% in 2018. International trade growth was steady and this looks set to continue as the port continues to build up its links along the Yangtze River as part of its strategy to ...

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Chemical Tanker Shipping Market Witness Lucrative Growth Of $2.50 Trillion By 2025: Grand View Research, Inc.

According to a report,”Chemical Tanker Shipping Market Analysis By Product (Organic, Inorganic, Vegetable Oils & Fats) By Shipment Route (Inland, Coastal, Deep Sea) By Cargo Type, By Region, And Segment Forecasts, 2018 – 2025″, published by Grand View Research, Inc., The global chemical tanker shipping market is anticipated to reach USD 2.50 trillion by 2025, according to a new report by Grand View Research, Inc. The growing chemical trade on account of increasing manufacturing activities across the world is projected to augment market demand. The disparity in regional production and ...

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Wilh Wilhelmsen : Wilhelmsen Ship Management awarded two supramaxes from Stove Shipping AS

The two supramaxes are the newest addition to the Stove fleet built in 2016 by Tsuneishi shipbuilding Co, Ltd. Eastern Bulk Carriers will be the commercial manager of both vessels and technically managed by WSM in Singapore. ‘We thank Stove Shipping’s trust in us and this award further seals our long-term relationship. Stove Shipping and WSM have worked hand in hand like partners for the past 10 years. ‘We have been through the market volatilities together and as the market improves, we hope to ride this momentum together,’ says Carl ...

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GTMaritime adds regional expertise to drive growth in Asia-Pacific

Leading maritime software specialist GTMaritime appoints satellite connectivity expert Keng Teen Phang (KT) as Head of Sales for Asia-Pacific to drive business development as the region forges ahead in maritime digitalisation and faces up to fast-emerging disruptive cyber threats Keng Teen (KT) brings more than 15 years’ experience of delivering satellite communications and maritime software platform solutions to clients across Asia Pacific Region to GTMaritime, accumulated across terrestrial and maritime segments. Beginning his career as a provider of internet backbone solutions combining satellite and terrestrial pipes to serve remote regions ...

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Moscord to add Schneider Electric Marine Product Line

Digital ship supply platform Moscord has announced the addition of Schneider Electric to their portfolio. The partnership will allow ship owners and managers direct access to Schneider’s marine products, including last-mile delivery to virtually any harbor. “Schneider Electric is a giant in the electrical segment, and we are proud to have them on board the Moscord trading platform,” says Freddy Ingemann, CEO, Moscord. “We believe we can offer Schneider the optimal e-marketplace for their current and future marine business.” Pascal Bonacina, responsible for the Marine Installed Base business in Schneider ...

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Brazil readies its biofouling task force

Biodiversity can be threatened by organisms which can build up on ships’ hulls and other marine structures, a process known as biofouling. During a workshop in Arraial do Cabo, Brazil (5 August), experts on biofouling and invasive species and others took the first steps towards setting up a national task force to tackle the issue. Brazil is one of 12 lead partnering countries in the GEF-UNDP-IMO GloFouling Partnerships project, which aims to protect marine biodiversity by addressing biofouling. Each lead partnering country’s national task force will define a national policy ...

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TecPier and Newark Venture Partners invest in US Startup SensorTransport

TecPier and Newark Venture Partners invested in the US startup SensorTransport with a mid-range six-figure investment. SensorTransport connects global shippers with local carriers to collect digital tracking, proof of delivery and condition monitoring of cargo in transit. Digitized delivery is offered at a disruptive price of less than one euro per shipment. The SensorTransport smartphone application includes an Internet of Things (IoT) gateway for Bluetooth sensors. A low cost Bluetooth enabled sensor logs data from The cargo journey and is automatically read in the delivery moment. This technology enables drivers ...

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Yang Ming Announces Half Year Financial Results of 2019

Yang Ming Marine Transport Corporation (Yang Ming) held its 338th Board Meeting on August 13th, 2019 to approve its half year financial report for 2019. The consolidated revenues for the second quarter totaled NTD 40.4 billion (USD 1.3 billion), up 20.24% compared to the same period of prior year. Business volumes increased by 5% year-on-year to 1.35 million TEUs. Net loss for second quarter of the year was NTD 1.27 billion (USD 40.99 million). Meanwhile, Yang Ming’s consolidated revenues for the first half of 2019 rose by 16.77% compared with ...

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C-Job Naval Architects ammonia as marine fuel research nominated for Maritime Designer Award

C-Job Naval Architects Niels de Vries has been nominated for the Dutch Maritime Designer Award with his research ‘Safe and effective application of ammonia as a marine fuel’. The Maritime Designer Award will be awarded during the Maritime Awards Gala on 4 November 2019. Niels de Vries, Lead Naval Architect at C-Job, recently published his research which showed that ammonia can be safely and effectively applied as a marine fuel to reduce harmful emissions in the maritime industry. Niels de Vries says “I’m honored my research has been nominated for ...

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Viking Supply Ships AB : (publ) Interim Report Q2 2019

The financial result improved from MSEK -268 in the corresponding period in 2018 till MSEK -19 in the second quarter of 2019. Revenue has increased compared to both last quarter and corresponding period in 2018 totalling MSEK 111 (92) for the quarter. EBITDA is positive for the quarter at MSEK 6 (-21). SECOND QUARTER · Total revenue from continuing operations was MSEK 111 (92) · EBITDA from continuing operations was MSEK 6 (-21) · Result after tax including discontinued operations was MSEK -19 (-268) · Result after tax per share ...

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UK’s Propeller Fuels plans further growth of bunker operations in Ireland

UK-based marine fuel supplier Propeller Fuels is eyeing further expansion in Ireland after recently extending its bunker supply operations to ports in Northern Ireland and the northern part of the Republic of Ireland, a company spokesman said this week. “We do intend to cover the rest of the Republic of Ireland at some point in the very near future; plans are well underway for this to happen,” the spokesman said in an emailed statement to S&P Global Platts. “We have selected the right strategic partners to work with ,which are ...

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