Industry News

Zero Emission Vessels: A Revolution in the Making

Two years after IMO2016 established the 2020 sulphur cap for ships` bunkers to 0.3% - 0.5% from the previous high of 3.5%, the organisation set an even more ambitious target for 2050: to halve vessels` carbon emissions to meet the deadlines of the Paris Agreement. ...

Read More
Jean Nicoli Corsica Lines set installation of scrubbers at Ship repair yard at Palumbo

Scrubber Windfall for Ship Repair Yards

The impending entry into force of IMO`s MARPOL ANNEX VI regulations in January 2020 has proved to be a windfall for ship repair yards. In 2016, IMO, the International Maritime Organisation established an emission cap for ships burning HFO - heavy fuel oil, to mitigate...

Read More

A 7% increase in ship registrations in Malta so far in 2019

Shipping company CMA CGM has moved 49 ships under the Maltese flag, meaning its gross tonnage registered locally represents 11 per cent of the fleet registered in Malta.  The company already had 38 ships registered under the Malta flag, which is very strong in ship...

Read More

Freeport handles record 3.31m shipping containers in 2018

[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" css_animation="" box_shadow_on_row="no"][vc_column][vc_column_text] Malta Freeport Terminals handled a record 3.31 million TEU shipping containers in 2018 and will this year be steaming ahead with an ambitious investment programme in equipment and facilities in a concerted drive to increase the Terminals’ capacity to...

Read More

MSC AND MOBY TO CONFIRM A 4+4 MAXI ORDER IN CHINA

The new ferries will be manufactured at GSI and CSTC shipyards: two of them will be deployed by GNV while the left two will be joining Onorato’s fleet, continuously getting closer to Aponte   After long lasting negotiations, MSC group, in partnership with Moby, submitted Guangzhou Shipyard...

Read More

MSC plans ferry service from Freeport

Grandi Navi Veloci, acquired by MSC Group in 2010, hopes to start offering a passenger service regularly from Malta in the near future.   Mario Aponte, managing director of MSC Malta Seafarers Co. Ltd, said yesterday that GNV already offers a twice weekly freight service from the...

Read More

Top Six Largest Boxships

Starting with the latest addition to the global fleet of super-sized containerships, the recently-christened 21,413 teu OOCL Hong Kong has taken the title of the largest ship in the world based on its advertised nominal container intake. However, the sea giant features 191,317 in dwt capacity, considerably lower from...

Read More

Wilhelmsen and Wallenius Cleared to Merge

Wilh. Wilhelmsen Holding and Wallenius have received all the necessary approvals from competition authorities, bond holders and general meetings for a merger between the two companies. Under the agreement, the companies will combine ownership in Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll on Roll off...

Read More

Greek Flag Loses 62 Ships

The fleet registered under the Greek flag saw a significant loss of 62 ships during the year until March 1st, 2017, equivalent to 3.7 million DWT and 2.3 million GT. The country’s fleet is now comprised of 747 ships, totaling 43.7 million GT and 75.2 million DWT, the Greek...

Read More

Industry Welcomes Revised EU Maritime Transport Strategy

The European shipping and maritime organizations have welcomed the European Commission’s mid-term review of the EU Maritime Transport Strategy 2009-2018. During the European Shipping Week 2017, the industry bodies endorsed the emphasis on better regulation and said that priority must in this respect be given to a fundamental...

Read More