sources say. Three finance sources with knowledge of the matter, who declined to be named due to market sensitivity, said CMA CGM had initiated discussions in recent months with Hapag-Lloyd, which is ranked fifth globally,
to look into some form of share merger of the two groups. "The idea which has been proposed… would be a non-cash merger," one source said.
of 53 vessels owned by TMS Tankers and TMS Bulkers. The total value of the contract is KRW75bn ($67m). With less than 18 months to go until the IMO-mandated sulphur cap comes into place, more shipowners have chose to install
the scrubber system for their fleets. Recently, major owners including Frontline, DHT and Spiethoff have all signed contracts to install scrubber systems on their ships.
are not completely in a digital world as far as shipping goes but we are on the cusp of real change and our investment in technology and people are both linked to the future. Ship registries have to embrace technology because there are so many issues such
as fast registration, cyber-security, regulatory controls, financial clarity and operational excellence that are reliant on technology, says Kirnidis.
Tracker report released by the National Retail Federation (NRF) and Hackett Associates. Retailers cannot easily or quickly change their global supply chains, so imports from China and elsewhere are expected to continue to grow
for the foreseeable future, said NRF Vice President for Supply Chain and Customs Policy Jonathan Gold.
to the level of those with China, Japan, Russia and the U.S – a election pledge he made.
India is witnessing dynamic development, Moon said, adding that his country would contribute actively to the Make in India policy, noting some 500 South Korean companies are already doing business in India. He also
asked Indian companies to invest in South Korea.
with the United Nations Sustainable Development Goals (SDGs), and to highlight the important contribution of women all over the world to the maritime sector. IMO has a strong commitment to helping achieve the Sustainable
Development Goals (SDGs) and continues to support the participation of women in both shore-based and seagoing posts, Kitack Lim, IMO Secretary-General, said.
and YS and employers organisation the Shipowners Association passed a midnight deadline. Some 669 workers could walk out from Tuesday and could potentially increase to 2,250 workers if the conflict is not resolved.
Augusto Arosemena said the first round of talks would last until Friday, July 13, and establish the basis for the rest of the negotiation.
an IMO panel. On the morning of November 27, 2017, the bulker Jin Ze Lun collided with the freighter Shun Jin Long at the port of Guangzhou. The Shun Jin Long remained afloat, but the Jin went down shortly after the collision.
Two out of the 14 crew on board were immediately rescued by local maritime authorities, but the others remained missing.
Maritime, Port and Aviation Technology, and Tokyo University of Marine Science and Technology. In the joint study, all parties will conduct basic research on advanced navigation support system, which is indispensable for
safe navigation of conventional ships as well as the autonomous ships of the future.
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