France has offered Italian shipbuilder Fincantieri's a one-month extension to its planned acquisition of French rival Chantiers de l'Atlantique, the finance ministry said in a statement sent to Reuters on Wednesday.State-controlled Fincantieri has accepted the proposal, a spokesman said.
The shipping industry must act now in order to meet U.N. targets to cut carbon emissions by 2050, leading officials said on Wednesday, ahead of a meeting next week that will seek to advance a plan.The U.N. agency the International Maritime Organization (IMO) has said it aims to reduce overall greenhouse gas emissions from ships by 50% from 2008 levels by 2050.
CMA CGM suspects a cyber attack affecting its servers led to a data breach, the global shipping line said on Wednesday as it continued to restore online services."We suspect a data breach and are doing everything possible to assess its potential volume and nature," it said in a statement.
A Russian navy vessel collided with a Swiss-owned container ship in Danish waters on Wednesday near the Oresund Bridge linking Denmark and Sweden, Danish defense authorities told Reuters.The Ice Rose, which was sailing from St. Petersburg in Russia to Gothenburg in Sweden, collided with a Russian frigate early on Wednesday morning, a spokesman for the Joint Operation Centre said.
Mauritius said on Wednesday it planned to scuttle the Japanese-owned bulk carrier that ran aground off its shores and spilled oil over pristine waters and fragile coral reefs.Earlier on Wednesday Nagashiki Shipping, owner of the MV Wakashio, apologized for the incident. Two of the ship's officers were arrested overnight on charges of endangering safe navigation.
Kongsberg announced Wednesday it has acquired Danish software company COACH Solutions, expanding the Norwegian maritime technology company's range of solutions for vessel performance and monitoring.The newly rebranded KONGSBERG COACH Solutions will be integrated within Kongsberg Digital’s Maritime Digital Solutions portfolio, supplying vessel operators, owners
BP Plc began turning off production at three platforms in the northern Gulf of Mexico and evacuating workers because of the threat from Tropical Storm Cristobal, forecast to make landfall in Louisiana over the weekend, the company said.Norwegian state-oil company Equinor ASA began evacuating non-essential workers on Wednesday and plans to shut production on Friday at its Titan oil platform if
Ukraine's Black Sea port of Odessa is set to receive on Wednesday its first ever West Texas Intermediate (WTI) oil cargo from the United States, according to industry sources and shipping data, just a month after the front-month futures for the blend turned negative.U.S. West Texas Intermediate (WTI) May crude futures sank to minus $38 per barrel on April 20, just days before their expiration
On March 3, the Coast Guard published a notice that Martin Midstream Partners (MMP), a petrochemical transport and storage company, was seeking approval to modify terminal operations in Beaumont, Texas, along the Sabine-Neches Waterway. If approved, MMP would expand its liquefied hazardous gas (LHG) operations, both in volume and products.
The Port of Seattle announced Wednesday that it has canceled two cruise ship calls to help curb the spread of the novel coronoavirus.“This region is in a public health emergency and we will cancel the first two sailings of our cruise season,” said Port of Seattle Commission President Peter Steinbrueck. “The health, safety, and wellbeing of our residents is our top priority.
Authorities in the United Arab Emirates are "working to put out a fire that broke out aboard an oil tanker 21 miles off the coast of Sharjah after receiving a distress message. A proper investigation is in progress," an official at the UAE National Media Council said on Wednesday, citing the UAE Federal Transport Authority – Land & Maritime (FTA).
Hong Kong has suspended cross-border ferry service to and from mainland China as it seeks to prevent the spread of the novel coronavirus.All cross-boundary ferry services to and from the China Ferry Terminal and the Tuen Mun Ferry Terminal have been suspended, Hong Kong's government announced on Wednesday,The government said other modes of transport, including rail and airline service