benchmarks the 30 leading maritime nations around the world in four key maritime pillars: shipping, finance and law, maritime technology and ports and logistics, in an attempt to understand the key drivers behind national maritime success. The
new report follows up the 2017 report by Menon and DNV GL on the leading maritime capitals of the world.
is now being sold by the Admiralty Marshal. Bids for the ship will open on Tuesday, with the proceeds going to pay debts including crew wages and port fees. Captain Nikesh Rastogi
said he would breathe a "huge sigh of relief" at the prospect of going home to Mumbai.
frozen region came close yesterday to a major catastrophe. Environmental groups are increasingly concerned about the impact of more Arctic transits. Yesterday early morning a barge broke its mooring and allided with the
berthed roro Zapolyarnyy in Dudinka port in the centre of the Russian Arctic. The barge was okay, while the roro suffered dents in its stern.
s study, which focuses on the raw value of actual domestic and international financial activity like managing assets and issuing equity, underscored the overall dominance of New York as the worlds top financial centre. It
gave the United States the top overall score of 79 out of 100.
classification society said of 9,101 ships that it classes around 150 were either fitted or going to install scrubbers. This means that most owners are planning to use low sulphur fuels to comply with the 0.5% sulphur cap that comes into force globally on
1 January 2020. Low sulphur fuels are likely to be achieved through blending by suppliers and refineries which can give additional problems in terms of operations.
are opportunities the CMA CGM group … is able to be in the running for a new deal," Rodolphe Saade told Reuters on the sidelines of a ship launch ceremony at the northern French port of Le Havre. Regarding Hapag-Lloyd,
which financial sources said in July had been approached by CMA CGM, Saade confirmed his group had looked at the German firm but that the "matter was closed".
a multi-million-pound boost to the local economy. The month culminated in a mammoth operation for 18 cruise calls across four days. It is estimated that every time a cruise ship visits
Southampton, the economy benefits by up to £2 million.
to power almost 600,000 homes, and overtakes the London Array off England’s east coast which has a capacity of 630 MW. Walney Extension is made up of 87 turbines built by Siemens Gamesa and MHI Vestas, and covers 145 square
kilometers (55 square miles), which is equivalent to around 20,000 football pitches.
and the Australian Bureau of Statistics indicates that rent costs an average per person per week of A$221 ($159) and that the average cost of living, in addition to rent payments, is A$465 ($335), giving a total of A$686 ($494). Cruising
around New Caledonia with P&O Cruises for a week would cost around A$609 ($438) per week, about A$80 ($58) less than those average weekly costs on land.
spot prices fell, as some carriers began seeking protection against higher fuel costs caused by rules to cut sulfur emissions from ships, according to Thibaut Remoundos, founder of Commodities Trading Corp. in London. The regulations, set out by the International
Maritime Organization, take effect in January 2020.
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