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MOL introduces autonomous transport system

Tokyo - Mitsui O.S.K. Lines (MOL) has announced that its joint projectwith Mitsui Engineering & Shipbuilding Co., Ltd. on developing a technological concept for autonomous ocean transport system, was selected by Japan’s Ministry of Land, Infrastructure, Transportation and Tourism (MLIT)

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European refiners see life after IMO 2020 / FOCUS

London - As the 2020 deadline for the International Maritime Organisation’s (IMO)global sulphur cap on bunker fuels draws closer, Europe’s refiners are now starting to respond. Confirmed as 2020 in October last year, the IMO cap was seen by some as a bridge too far for Europe’s ailing refiners

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Etihad Cargo help bring endangered rhinos

Abu Dhabi - The critically endangered black rhino has returned to the wilds of Rwanda with the help of Etihad Cargo and animal transport specialist Intradco Global. On behalf of African Parks, Intradco chartered two Etihad Boeing 777 freighters to transport the 19 black rhinos from Johannesburg to the Rwandan capital

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British Airways resumes flights from London

London - British Airways resumed some flights from Britain’s two biggest airportson Sunday after a global computer system failure created chaos, but hundreds of passengers were still waiting for hours at London Heathrow

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Scorpio to snap up Navig8 product tanker fleet

Monaco - Scorpio Tankers (STI)is to merge with Navig8 Product Tankers to form one the world’s largest product tanker owning companies. As part of the deal, STI will acquire Navig8’s 27 operating product tankers. The merger is expected to close in the second or third quarter of 2017

Swiss interest in hi-tech cooperation with Russia

Swiss interest in hi-tech cooperation with Russia

Moscow - Swiss business looks forward to cooperating with Russia in hi-tech industries such as pharmaceuticals, civil aviation and shipbuilding, Yves Morath, the head of Swiss Business Hub Russia, an official entity of the Embassy of Switzerland which promotes implementation of Swiss export strategies

Big Three shipbuilders see recovery

Big Three shipbuilders see recovery

Seoul - Although the global shipbuilding market is gradually showing signs of fiscal recovery this year, as with Korea’s big three shipbuilders, orders at midsized shipbuilding companies remain sparse, according to the Korea Export-Import Bank of Korea on Friday

HMM takes three Hanjin berths in Kaohsiung

HMM takes three Hanjin berths in Kaohsiung

Kaoshiung - Taiwan’s port of Kaohsiung has completed the handing over of three container berths, previously operated by the now-defunct Hanjin Shipping, to Hyundai Merchant Marine (HMM) on Thursday, increasing the number of HMM-operated berths to five

Fleet grows slower, dry bulk market recovers

Fleet grows slower, dry bulk market recovers

Athens - When all has been said and done, the recovery of the dry bulk market is down to a number of factors, with the prevailing one being the significant reduction of the dry bulk fleet’s growth. Thankfully for ship owners, this seems to be evolving to a much more stable trend