Tag: shipping industry

Saab, Swedish company, collaborated with ORBCOMM and AAC Clyde Space on a new project, developing space-based communication for the maritime sector via the new automatic tracking standard, VHF Data Exchange System (VDES).  

The Baltic Exchange, the world's independent source of maritime market data, has issued its reports for the last week, 31 August-4 September 2020, to provide information of the bulk and dry market performance.

CMA CGM reported higher second-quarter profits in the second quarter while they expect improvements in the current quarter as the industry recovers quickly from the COVID-19 disruption.

Following the increasing focus on force majeure due to the COVID-19 pandemic, BIMCO has gathered a drafting team in order to develop a free-standing force majeure clause for use in a variety of contracts.

Wilhelmsen Group inked a Memorandum of Understanding (MoU) with South Korean Hyundai Glovis aiming to explore the potential of the global gas shipping market, and research into alternative vessel fuels.

The US Navy's Sexual Assault Prevention and Response (SAPR) program was launched in order to meet the needs of the victims within the maritime industry.

ABS and Chevron Shipping Company LLC took the first step in a pioneering digital fleet management journey with ABS Smart notations for vessels.

Amid COVID-19 pandemic, Carnival's AIDA Cruises informed that will extend pause in its cruise operations for additional two months, until November 2020. 

A.P. Moller – Maersk revealed its plans of integrating the Safmarine brand into Maersk as part of its transformation into an integrated container transport and logistics company.

Inmarsat joined forces with Shell Shipping and Maritime and maritime digital consultancy Thetius to launch a new ‘Open Innovation Challenge’, which aims to identify the technology needed to boost crew safety, health and wellbeing at sea at a moment when COVID-19 has exposed the welfare of seafarers to global scrutiny.