UECC Secures “Green Financing” For New Battery Hybrid LNG PCTC Vessels

UECC Secures “Green Financing” For New Battery Hybrid LNG PCTC Vessels

“Green Financing” has been secured by UECC for its investment in the new generation pure car and truck carriers (PCTC) which have Battery Hybrid LNG Solution. This takes the Company ahead of the target of IMO to reduce the emission of carbon to 40% by 2030. A contract has been signed by Nippon Yusen Kabushiki…

IMO Assembly Elects New 40-Member Council

IMO Assembly Elects New 40-Member Council

The Members of the Council for the year 2020-2021 has been elected by the Assembly of the International Maritime Organization. The elected States are as follows: Category (a) 10 States with the largest interest in providing international shipping services: China, Greece, Italy, Japan, Norway, Panama, Republic of Korea, Russian Federation, United Kingdom, United States. Category…

Damen Shiprepair Oranjewerf Celebrates 70 Years Of Industry Service

Damen Shiprepair Oranjewerf Celebrates 70 Years Of Industry Service

Damen Shiprepair Oranjewerf is celebrating 70 years of excellent service that it has provided to the maritime industry. The major features of the operations of the yard since the last seven decades have been short turnaround times, knowledge from its personnel and a focus on the needs of the clients. Oranjewerf is located north of…

You Can Now Apply For Partial Refund Of Certain Fees – DMA

You Can Now Apply For Partial Refund Of Certain Fees – DMA

Fees for three services have been set too high. Thus, you can apply for a partial refund of those fees. Fees for different services is charged by the Danish Maritime Authority, however, the amount that was charged might have been very high. Three fees rates have been changed by the Danish Maritime Authority which will…

Inmarsat Honored As “World’s Leading Inflight Internet Provider”

Inmarsat Honored As “World’s Leading Inflight Internet Provider”

For the third consecutive time, Inmarsat has been given the title of ‘World’s Leading Inflight Service Provider’ at the World Travel Awards, in appreciation of the top notch GX Aviation and European Aviation Network (EAN) connectivity solutions that is being provided by the company for the airline industry. The announcement was made at a grand…

ABB And Inmarsat Ink Milestone Master Supply Fleet Data Agreement

ABB And Inmarsat Ink Milestone Master Supply Fleet Data Agreement

Master Supply Agreement has been signed by the two big names in maritime digitalization, Inmarsat and ABB Marine & Ports. The enforcement of this agreement will solve the problem that was indentified by the shipowners that stopped them from making use of the IoT (Internet of Things) technology. According to a survey that was conducted…

Maersk And Syngenta Focus On Supply Chain Innovation, Signing New 4PL Contract

Maersk And Syngenta Focus On Supply Chain Innovation, Signing New 4PL Contract

Syngenta is one of the leading companies in the agrochemical industry which is constantly trying to optimize its supply chains so as to fulfill its aim of efficient and responsible production of food and thereby, raise productivity. The cooperation with the leading container logistics, Maersk, will allow both the companies to develop solutions that will…

DP World Rings Nasdaq Dubai Market Opening Bell To Celebrate USD 2.3 Billion Listings

DP World Rings Nasdaq Dubai Market Opening Bell To Celebrate USD 2.3 Billion Listings

DP World’s Group Chairman and CEO, Sultan Ahmed Bin Sulayem rang the market-opening bell at Nasdaq Dubai for celebrating the listing of two Sukuk and two conventional bonds which has a total value of 2.3 billion US dollars. The capital raised will be used by DP World for refinancing debt and to fund opportunities to…

APM Terminals Receives Costa Rica’s Largest Ever Container Ship

APM Terminals Receives Costa Rica’s Largest Ever Container Ship

MSC Sara Elena, the largest container ship with a length of 300m and a capacity of 8,000 TEUs to be berthed in Costa Rica, was welcomed by APM Terminals Moín this month and made history. Sara Elena which was to travel to Rotterdam was loaded with major Costa Rican exports like pineapples and bananas in…

Fincantieri Becomes Largest Shipbuilder To Join UN’s “Global Compact” Sustainability Principles

Fincantieri Becomes Largest Shipbuilder To Join UN’s “Global Compact” Sustainability Principles

Fincantieri has joined the largest business sustainability initiative of the world, United Nations Global Compact, to strengthen it’s corporate responsibility. After the proposal of the former UN Secretary-General Kofi Annan at the World Economic Forum in Davos in 1999, this Global Compact came into existence. About 10,000 companies from more than 160 countries have joined…