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MSC Becomes First Major Shipping Line To Use 30% Biofuel Blends

Chennai: Port Wings News Network: MSC Mediterranean Shipping Company (MSC) has announced that the company is now starting to use biofuel in its vessels calling in Rotterdam, the Netherlands. Following successful trials with biofuel blends earlier this year, MSC has decided to continue bunkering responsibly sourced biofuel blends on a …

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Hamburg Süd Launches Remote Container Management

Chennai: Port Wings News Network: With immediate effect, all Hamburg Süd customers can use the new Remote Container Management (RCM) technology for their reefer container shipments. RCM monitors parameters such as temperature, relative humidity, and the concentrations of O2 and CO2 within the reefer container in real time. The added …

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IMRF Holds First All-Women SAR Training To Address Gender Imbalance

Chennai: Port Wings News Network: As part of its ongoing #WomenInSAR initiative and supporting the International Maritime Organization’s (IMO) theme of empowering women, the International Maritime Rescue Federation (IMRF) has held its first all-women maritime Search and Rescue (SAR) training in Morocco. The training was supported by the IMO and …

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ONE Initiates Global Marine Safety and Quality Campaign

Chennai: Port Wings News Network: Ocean Network Express (ONE) initiated a Global Marine Safety and Quality Campaign during the months of September and October 2019, to reiterate marine navigation safety practices. A month prior to the campaign, ONE’s CEO – Jeremy Nixon, chaired a ‘Marine Safety and Quality Management Conference’ …

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A.P. Moller – Maersk Improves Operational Profitability

Chennai: Port Wings News Network: A.P. Moller – Maersk’ third quarter is characterized by improved profitability across the business. According to a media statement, earnings before interest, tax, depreciation and amortization (EBITDA) improved 14% to USD 1.7bn in the quarter, reflecting an increase in EBITDA margin to 16.5%. However, revenue …

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Hapag-Lloyd Doubles Operational Result in First Nine Months

Chennai: Port Wings News Network: In the first nine months of 2019, Hapag-Lloyd’s earnings before interest and taxes (EBIT) significantly increased to EUR 643 million (9M 2018: EUR 299 million). The group net result rose substantially to EUR 297 million (9M 2018: EUR 13 million). Earnings before interest, taxes, depreciation …

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Essar Shipping Gearing up for IMO 2020 Compliance

Mumbai: Port Wings News Network: The International Maritime Organisation (IMO) has directed that starting January 2020, the global cap of sulphur content in shipping fuel is to be reduced to 0.5% (from the current 3.5%). This decision has been triggered because there is a huge amount of damage taking place …

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Wärtsilä, PSA Marine Achieve Breakthrough in IntelliTug Project

New Delhi: Port Wings News Network: The technology group Wärtsilä, in collaboration with PSA Marine, has achieved a breakthrough in its IntelliTug project. Following the successful installation of a first-of-its-kind Dynamic Positioning (DP) system onboard the harbour tug ‘PSA Polaris’, trials are now being carried out in the Port of …

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