2020 has been another year of solid progress for A.P. Moller - Maersk, both in terms of financial performance and in transforming the company. Despite low volumes during most of 2020, profitability grew throughout the first nine months and

In January 2021, seven incidents of armed robbery against ships were reported in Asia No piracy incident was reported ReCAAP ISC is concerned with the continued occurrence of incidents on board ships while underway in the Singapore Strait o

The crude oil sector has experienced a devastating 12 months. The Covid-19 pandemic has decimated demand, and currently at least, there is no definitive end in sight. Circumstances have also impacted the refining sector, although it was alr

The new clause creates a contractual framework to overcome the primary obstacle to just in time arrivals; the obligation on shipowners to proceed with due or utmost despatch and without deviation. This is a critical aspect of making JIT arr

The starting point is that while a vessel is carrying cargo there is no right for either party to terminate the contract. This approach has been taken to avoid that the provision acts as a weapon in the hands of the party claiming force maj

The ice reports include, where available, up- to- date ice charts, indicating the coverage and thickness of the sea ice for the Northern Chinese , Japanese and Greenland sea areas . The BIMCO ice information coverage is expanding along with

A.P. Moller - Maersk speeds up on decarbonisation with a methanol-fueled feeder vessel on the water in 2023, piloting a scalable carbon neutral product to customers and offering fuel suppliers incentive to scale production of the fuels of t

MARITIME businesses and professionals from across the UK and the world are being invited to hear the Government and industrys latest thinking on the future of the UKs shipbuilding strategy at this years Society of Maritime Industries (SMI)

The Haixun 06 patrol ship is launched at a shipbuilding base in Wuhan, Hubei province, on Monday. It will be the largest patrol ship in the Taiwan Straits when it is put to use. Construction of what will become the largest patrol ship in th

- Humanitarian crisis averted as MSC arranges relief for seafarers stuck off Chinas coast since September - Bulk carrier ANASTASIAs crew to disembark on 10 February in Japan, before ship resumes service - MSC will continue to monitor seafar

Together with a number of member states and international organisations, BIMCO has proposed that the IMO should reconsider the direction, in which the amendment of MARPOL Annex IV has taken concerning existing ships. BIMCO has participated

There are as many, and more, upside economic consequences of a great safety culture as negative financial consequences of poor safety practices. Its quite obvious which side shipping companies should be on, and our mission is to help them,

Getting it right in the design phase is critical to the performance of boat-handling equipment and cutting corners can prove costly The efficiency of a davit is determined by the sum of its moving parts and a failure of any one of these com

On February 5, Dalian Shipbuilding Industry signed a strategic cooperation framework agreement with Winterthur Gas Diesel Ltd. (WinGD), a main engine research and development enterprise. The two sides will establish closer comprehensive coo

The freight rate of most routes was stable, and the composite index drops slightly Ningbo Containerized Freight Index: In the week ending Feb-5, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2369