Three crewmembers were injured by an explosion in the engine room aboard a containership off the coast of France on Tuesday.The blast on board the Panama-flagged MSC Rachele occurred while the vessel was about 20 nautical miles south of Cape Cépet, en route from from Napoli, Italy to the port of Fos-sur-Mer.
Ailing Danish shipowner Nordic Shipholding is one step closer to closing its doors after announcing the sale of its final three tankers. The company revealed on Thursday that it has entered into a sale and purchase memorandum of agreement to sell the Nordic Anne, Nordic Amy and Nordic Agnetha for a total of $37.1 million. It did not disclose the name of the buyer.
French shipping firm CMA CGM will take a stake in Air France-KLM as part of an air cargo partnership, betting on growing demand for flying goods around the world as supply chains remain snarled in the wake of the pandemic.CMA CGM will take up to 9% of Air France-KLM, worth about 240 million euros ($252 million) based on Tuesday's closing price
Nordic Shipholding said on Monday it will sell its three remaining tankers after the lossmaking Danish shipowner failed to line up a merger partner.The company said it held extensive discussions with potential merger partners and lenders to secure the group's long-term viability, but that the talks had stalled.
Finland's Wartsila, a top global marine and energy equipment maker, posted first-quarter earnings roughly in line with expectations on Thursday, citing increased uncertainty in demand and supply in its end markets.Wartsila said its comparable operating profit increased 61% to 65 million euros ($68.25 million) from 41 million in the year-ago quarter, against a mean estimate of 67.
Shell has signed a five-year contract for the installation of Kongsberg's JAWS (Just Add Water System) software on board 45 of the LNG carriers chartered by Shell.These are LNG carriers that already utilize the Kongsberg Maritime K-IMS Information Management System application suite.
Norway-based offshore vessel owner Simon Møkster Shipping has signed a collaboration agreement will Finland-based maritime engine and equipment maker Wärtsilä to carry out a feasibility study on utilizing ammonia as the main fuel in dual-fuel engines where LNG is the alternative fuel.
Foss Maritime announced the permanent closure of its Seattle shipyard located in North Queen Anne, effective October 30, 2021.“The difficult decision is a result of Foss Maritime’s regular evaluation of business lines and follows the company’s diligent effort to improve the viability of the Seattle shipyard over many years,” the company said in a press release
It was an unusually slow day on the docks back on April 21, 2021 when crewmembers onboard a Brusco tugboat sprang into action from the Port of Hueneme to assist a vessel in distress. A 17-year-old containership named the President Eisenhower was headed from Los Angeles to San Francisco when it suffered an engine room fire that disabled command of the vessel.