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Maersk Seeks to Become More Like FedEx

By MarEx 2018-02-20 21:58:00

Maersk Group wants to unify its transportation services into a seamless global network for shippers, from pickup to dropoff, in a bid to become a sole-source provider of logistics solutions.  "We want our customers, the people who ship goods from...

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reefer containers

Reefer Market Recovering from 2015 Dip

By MarEx 2018-02-20 21:14:24

Fresh produce accounts for four percent of the world seaborne trade of dry cargoes, and Japan consumes one in three bananas, says industry analyst Dynamar in its recent report Reefer Analysis: Market Structure, Conventional, Containers. Reefer Shipping Dip  

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Paris MoU Releases Results of Safety of Navigation Campaign

By MarEx 2018-02-19 18:56:32

The Paris MoU region and the Tokyo MoU performed a joint Concentrated Inspection Campaign (CIC) on Safety of Navigation, including ECDIS, last year, an the Paris MoU has released its initial findings, saying the results are encouraging. The campaign was...

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Novatek Releases Details of Kamchatka LNG Hub

By MarEx 2018-02-17 00:57:00

Novatek, the developer of the Yamal LNG terminal in the Russian Arctic, is finalizing its plans for the construction of a transshipment hub on the Kamchatcka Peninsula. The hub would allow it to improve the utilization of its vessels as it...

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File image courtesy Rolls-Royce

At Maersk, Autonomy Isn't the Next Big Thing

By MarEx 2018-02-16 16:23:00

Vessel autonomy is a longstanding source of interest in shipping circles, and it is gradually becoming a reality, at least in certain applications. Construction should begin on the first self-driving container feeder sometime this year. But at Maersk Line,...

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Rosneft Not Allowed to Export LNG

By MarEx 2018-02-14 18:58:00

Rosneft has been told that it won’t be able to export LNG from its Arctic Pechora LNG plant as it would undermine Gazprom’s export monopoly, government officials have said. The decision, reported by the Barents Independent Observer, was made by...

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Posidonia 2018

Posidonia Expands Exhibition Space

By MarEx 2018-02-14 17:37:04

Conference and exhibitor space is filling up fast for what organizers say promises to be their largest maritime trade show to date. Space bookings for Posidonia 2018 are already up by 10 percent compared to the same time two years...

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Protectionism Makes a Comeback in International Shipping

By MarEx 2018-02-14 15:58:00

In the last six months, two nations passed laws that will reserve certain export cargoes for their own shipping industries. Indonesia plans to require exporters to use Indonesian vessels for the carriage of crude palm oil (CPO) and coal, and...

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MOL tanker

MOL and NCC Agree Shipping Alliance

By MarEx 2018-02-13 21:06:54

Japan's Mitsui O.S.K. Lines (MOL) and Nippon Concept Corporation (NCC) have agreed to share networks and conduct joint operations. Following challenging market conditions, MOL set out policies in its Rolling Plan 2017, announced in April 2017, to invest in business...

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Bourbon to Cut Crews and Sell 41 Ships

By MarEx 2018-02-13 19:04:00

On Tuesday, leading OSV operator Bourbon announced that it is doubling down on restructuring to adjust to market overcapacity. Bourbon told investors that utilization of the world's offshore fleet is at just 55 percent, even less than in 2015 and 2016, and...

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