Shipping

  • GMB seeks help from Shipping Ministry to develop...

    Gujarat Maritime Board (GMB), which administers and regulates the 41 state-owned non-major ports of Gujarat, has sought assistance from the Union Ministry of Shipping for developing a Maritime Cluster, the first in the country.

  • LNG Emerging as Marine Fuel

    The main fuel for ships changed from coal to petroleum such as heavy fuel oil (HFO) 100 years ago. Now, liquefied natural gas (LNG) is rapidly emerging as their next main fuel.

  • LNG Emerging as Marine Fuel

    The main fuel for ships changed from coal to petroleum such as heavy fuel oil (HFO) 100 years ago. Now, liquefied natural gas (LNG) is rapidly emerging as their next main fuel.

  • CMA CGM launched new India-Middle East-Africa...

    CMA CGM launched second Midas container service, which will connect India and Middle East with Southern and Western Africa through the Indian Ocean. The container carrier offers its customers a new service to Africa, which will reduce the transit time and will give new ports of call to accompany its classic Midas service. CMA CGM continue developing its service in fast economic developing Indian region and the countries of Africa, trying to benefit from the economic growth of the two areas. The Midas 1 and Midas 2 services will be operated with two partners, through a VSA (Vessel Sharing Agreement) that will allow the deploying of 16 ships on 21 ports of call on both services.

  • COSCO and Qingdao Sign Silk Road Deal

    Chinese shipping and ports operator COSCO and the fully automated Chinese container port of Qingdao have agreed to cooperate to develop port businesses in China and abroad.

  • Shipping could benefit from increased world trade...

    China’s Belt and Road Initiative is slowly taking shape, as was evidenced over the course of the past few days. However, exactly how will shipping benefit from this colossal project is still a bit hazy, although most analysts would argue that the potential is there. 

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Global bunker fuel supplier Aegean Marine focuses on four-pronged growth strategy

Global bunker supplier Aegean Marine Petroleum Network’s new leadership team is pursuing four main strategic initiatives — rationalizing the company’s global platform for asset optimization, executing cost saving initiatives, capitalizing on key business development projects, and generating new revenue streams — to grow the business amid challenging market conditions, the company said during its second-quarter earnings call.

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