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CHAMBER&SHIPPING

MPC Container Ships Seeks Approval for Recapitalization Plan23 June 2020 Tuesday 10:45MPC Container Ships Seeks Approval for Recapitalization PlanMPC Container Ships is seeking approval from its bondholders and lenders for a recapitalization plan designed to improve liquidity and provide the company time to optimize its fleet and position for an anticipated market recovery.
MSC’s eco-friendly containership sets new world record at Port of LAMSC’s eco-friendly containership sets new world record at Port of LA22 June 2020 Monday 14:40
Milaha reorganises to expand services for shippingMilaha reorganises to expand services for shipping22 June 2020 Monday 11:55
Maersk expects Q2 earnings to beat Q1 amid favorable demandMaersk expects Q2 earnings to beat Q1 amid favorable demand18 June 2020 Thursday 12:20
LATEST GALLERIES
    Shippers Take Action Responding to Threats of U.S. Sanction ViolationsShippers Take Action Responding to Threats of U.S. Sanction ViolationsThe United States’ efforts to interrupt illicit shipping activities designed to avoid sanctions appear to be yielding results.17 June 2020 Wednesday 10:35
    MSC Gayane Crewmember Pleads Guilty to Smuggling ChargesMSC Gayane Crewmember Pleads Guilty to Smuggling ChargesA Montenegrin seafarer has pleaded guilty to charges of cocaine smuggling in connection with the giant drug seizure aboard the boxship MSC Gayane last year.17 June 2020 Wednesday 09:57
    Oman Shipping Co signs $35m sustainable finance dealOman Shipping Co signs $35m sustainable finance dealOman Shipping Company (OSC), a member of ASYAD Group, has agreed a sustainable financing deal described as the first of its kind both in Oman and for Standard Chartered Bank in the Middle East.13 June 2020 Saturday 10:38
    Danish Shipping Industry Releases Plan for Climate and DecarbonizationDanish Shipping Industry Releases Plan for Climate and DecarbonizationThe Climate Partnership for a Blue Denmark, representing Denmark’s shipping industry, has developed its plan as part of the nation’s overall effort to address climate change and achieve carbon neutrality.11 June 2020 Thursday 11:23
    CMA CGM Sees Shipping Bottom Out in Q2 After Demand PlungeCMA CGM Sees Shipping Bottom Out in Q2 After Demand PlungeCMA CGM expects activity in the shipping sector to bottom out during the second quarter as countries emerge from coronavirus-related lockdowns and ship operators adjust capacity, the France-based group’s finance chief said.08 June 2020 Monday 14:45
    Drewry: A career at sea ever less attractiveDrewry: A career at sea ever less attractiveThe current officer shortfall to crew the global merchant fleet is forecast to widen amid reduced attractiveness of a career at sea, according to the latest report from the global shipping consultancy Drewry.05 June 2020 Friday 12:55
    U.S. Total Trade Slumps to Lowest Level in Almost a DecadeU.S. Total Trade Slumps to Lowest Level in Almost a DecadeU.S. trade in goods and services plunged in April to the lowest level in almost a decade as the Covid-19 pandemic stifled demand and hindered logistics.04 June 2020 Thursday 11:11
    CMA CGM boss sets carbon neutral target by 2050CMA CGM boss sets carbon neutral target by 2050French operator CMA CGM aims to be carbon neutral by 2050, according to Rodolphe Saadé, the chairman and CEO of the CMA CGM Group.03 June 2020 Wednesday 17:45
    HMM Oslo heads for Europe with a full loadHMM Oslo heads for Europe with a full loadHMM Oslo, the company’s second 24,000TEU ship, has left for Europe, according to a company statement on 31 May, with all its slots full, repeating a feat achieved by sister vessel HMM Algeciras.01 June 2020 Monday 12:10
    Digitization Takes Another Step Forward With DP World and TradeLensDigitization Takes Another Step Forward With DP World and TradeLensThe push towards digitization in the shipping industry took another step forward with the announcement by ports operator DP World that it has completed the early stages of integration with TradeLens, a blockchain-based digital container logistics platform29 May 2020 Friday 13:05
    European shipowners: Investments in making fleet greener will no longer be possible after COVID-19European shipowners: Investments in making fleet greener will no longer be possible after COVID-19Investments in the reduction of air emissions from ships would no longer be possible in a post coronavirus world, European shipowners said in a new survey.19 May 2020 Tuesday 14:05
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