CMA CGM obtains € 1.05 billion loan (13 MAY 2020)

As disclosed, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Société Générale and it would be 70% percent guaranteed by the French Government. It...

COSCO Shipping, Dongfeng Corporation and China Mobile complete 5G smart ports trial (12 MAY 2020)

The project is being developed by terminal operator COSCO Shipping Ports, Dongfeng Commercial Vehicle and China Mobile (Shanghai) Information Communication. The trio developed the first customized platform port for driverless...

Eagle Bulk installs scrubbers on 82% of its fleet (11 MAY 2020)

As such, the company expects its off-hire days to be historically low as ships continue trading without obstruction. Eagle Bulk has assigned a total of $29..6 million over the past...

ONE’s new service links Oakland to the Middle East (08 MAY 2020)

The service, called the Far East-Pacific 2, would be operated by Japan’s ONE line.  The first ship in the service, the ONE Aquila, is scheduled to arrive at Oakland International Container...

Maritime bodies release plan to resolve crew change crisis (7 MAY 2020)

The International Maritime Organization (IMO) has released the protocols in a circular letter which among other guidelines insists that professional seafarers and marine personnel are designated as key workers. The...

Hamann technology for new US research ships (6 MAY 2020)

The 60-metre-long newbuilds were designed by Glosten from Seattle, USA, in cooperation with Oregon State University. The ships provide accommodation and workplace for up to sixteen scientists and are operated...

Port of Charleston gets new stevedoring company (05 MAY 2020)

The new joint venture, known as Charleston Stevedoring Company LLC (CSC), became operational 4 May.  Working in close coordination and with the support of South Carolina Ports Authority (SCPA), CSC...

150,000 seafarers in need of crew change (4 MAY 2020)

This number is up by 50% from 100,000 when ICS first highlighted the problem with national governments and the G20. The staggering figure is being revealed on the back of...

Port of Los Angeles assigns $367 million for infrastructural investment (1 MAY 2020)

The investments will help alleviate the economic impact of the coronavirus pandemic on the local communities and provide a boost for construction jobs at the port, the port authority said....

Maersk boxship catches fire in the Caribbean (30 APR 2020)

At the time of the incident, the 1,800 TEU Maersk Vilnius was en route from Freeport, Bahamas to Port Elizabeth, South Africa.  “All 22 crew members are safe and accounted...