News
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MSC container ship fire, Baltic UPDATE
Nov 7 0945 UTC UPDATE: Finnish CG was alerted at around 0000 UTC Nov 7 by a fire report from container ship MSC SHANNON in the western Gulf of Finland, southwest of Helsinki. Fire erupted in the engine room, the ship was disabled, but according to an official statement issued…
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Hamburg Süd marks its 150 anniversary
Hamburg Süd has been named ” Best Green Shipping Line” at the 2021 Asian Freight, It was exactly 150 years since the Hamburg-Südamerikanische Dampfschifffahrts-Gesellschaft – or Hamburg Süd, for short – was founded by an original group of shareholders made up of a dozen Hamburg based and English merchants and…
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COP26 : Indigenous peoples, protests, and a call to end the war on nature
As millions took to the streets of cities around the world on Saturday, demanding greater climate action, some countries taking part in the COP26 negotiations, made new pledges to invest in nature-based solutions and a greener approach to farming. Mother Nature, or “Pachamama”, as they say in Latin America, took…
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هيئة قناة السويس تنعى مهندس تدمير الحفار الإسرائيلي في ساحل العاج
نعت هيئة قناة السويس يوم السبت الرائد البحري جمال أبو العزم مهندس تدمير الحفار الإسرائيلي في ساحل العاج. وورد في بيان صادر عن الهيئة أن الرائد الراحل جمال أبو العزم شاهد على كل الحروب من 48 وحتى 73، وأن دوره كان فعالا في مواقف كثيرة ومع قادة وشخصيات هامة ومؤثرة، وله أعمال عظيمة.…
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Distressed coal barge aground in national park, Indonesia
Coal barge GOLD TRANS 308 in full load been stranded on Alas Purwo National Park coast, Muncar District, the eastern tip of Java island, Indonesia, since Nov 2. Barge was en route from Banjarmasin Kalimantan, to Cilacap, southern central Java. Hull leaked, barge developed a heavy list, and probably, was…
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Russian cargo ship arrested in Italy, suspect in 1.3 mil eu freight fraud
General cargo ship YEKATERINA was arrested in Oristano port, Sardinia, Italy, on Nov 5, on arrival from Rostov, Russia. The ship, as it transpired was on the “Wanted” list during several months already, after her owner or manager was found guilty of being paid freight in advance, but failing to…
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CMA CGM to acquire one of the largest port terminals in the United States
The CMA CGM Group, a world leader in shipping and logistics, has signed an agreement to acquire 90% stake in the Fenix Marine Services (FMS) terminal in Los Angeles, currently held by EQT Infrastructure III, based on an enterprise value of USD 2.3 billion. Currently holding a 10% stake in…
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Cargill completes US$100M cocoa processing expansion in Côte d’Ivoire,
Company commits an additional US$13M to support local sustainability and traceability efforts Schiphol, NETHERLANDS (November 2, 2021) — Cargill has completed a $100 million expansion of its cocoa processing facilities in Yopougon, Côte d’Ivoire, a move that adds significant volumes to the company’s cocoa-grinding capacity. With this investment, the Yopougon…
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Maersk’s Head of Responsible Ship Recycling, Capt. Prashant S Widge features in ‘2021 Class of 40 Under 40 Europe India Leaders’
Europe India Centre for Business & Industry (EICBI) recognizes the leader from A.P. Moller – Maersk (Maersk) for exemplary efforts undertaken in the field of responsible ship recycling. EICBI today has announced its ‘2021 Class of 40 Under 40 Leaders’ in the presence of members of the British Parliament, European…
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