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APL Further Reduces Fleet Carbon Emissions in 2017

Chennai: Port Wings News Network: APL on 10 May announced a 50.7% reduction in carbon dioxide emissions per transported container per kilometer in 2017, compared to its base level in 2009. This achievement marks APL’s eighth consecutive year of improved environmental performance, as reported in the Business for Social Responsibility’s …

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Blockchain Technology Set to Renew and Ease Ship Registration

Chennai: Port Wings News Network: Having to travel halfway around the world, which today is common practice when ships are traded, could become a thing of the past due to digitalisation. By using Blockchain technology, the Ministry of Industry, Business and Financial Affairs aims to significantly reduce administrative burdens in …

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Indian Register of Shipping Secures Information Security Management System Certification ISO 27001

Chennai: Port Wings News Network: Leading international classification society, Indian Register of Shipping (IRClass), has secured ISO/IEC 27001 certification for its Information Security Management System from British Standards Institution (BSI). The ISO 27001 standard requires the management to systematically examine its organisation’s information security risks – threats, vulnerabilities and impacts, …

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MISC Group Welcomes the Fifth and Final Moss-Type LNG Carrier

Chennai: Port Wings News Network: MISC Group, a leading provider of international energy-related maritime solutions and services, today announced it has taken delivery of Seri Cemara, the final edition to a series of five MOSS-Type Liquefied Natural Gas (LNG) carriers. The 150,200 CBM LNG carrier has been built for MISC …

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Milaha Reports Net Profit of QAR 260 Million for Q1 2018

Chennai: Port Wings News Network: Milaha Maritime &Logistics’ revenue increased by QAR 65 million and net profit by QAR 29 million as a result of volume growth in Ports business, and better operating margins in Container Shipping unit. Milaha Gas & Petrochem’s revenue decreased by QAR 5 million and net …

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BIMCO Applauds New IMO Emissions-Strategy

Chennai: Port Wings News Network: BIMCO is very satisfied with the Green House Gas (GHG) strategy adopted by the International Maritime Organization (IMO) at the Marine Environment Protection Committee on April 13. The strategy outlines a target to reduce GHG emissions by at least 50% by 2050 compared to 2008 …

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