Rodolphe Saadé, the CEO of CMA CGM, the world’s fourth largest containerline, is anticipating May will be the slowest month for box movements across the globe thanks to the coronavirus. Interviewed by French newspaper Le Figaro yesterday, Saadé said he was confident that utilisation rates on his...
https://splash247.com/rodolphe-saade-may-will-be-the-worst-month/
In fact, this decision was made during a meeting of the Board of Directors of the European Community Shipowners’ Associations (ECSA), as Executive Vice President of the European Commission, Frans Timmermans announced the COP26 postponement which had been scheduled...
https://safety4sea.com/ecsa-puts-shippings-covid-19-recovery-on-top-priority/
In a major development, Sea Europe has called for strategic sector-wise support to save Europe’s maritime industry, says a press release published on their website.
What is it?In the light of COVID-19, SEA Europe calls for urgent, tailor-made sectoral support to
safeguard the survival of Europe’s strategic maritime technology...
https://mfame.guru/urgent-measures-needed-europe-could-lose-its-maritime-technology-industry/
Okeanis Eco Tankers, the Oslo-listed Alafouzos family tanker vehicle, has made a rare move by securing a long-term time charter for one of its VLCCs. Primarily a spot market player, Okeanis Eco Tankers has entered into a time charter contract with an unnamed international energy company for one of...
https://splash247.com/okeanis-eco-tankers-seals-three-year-vlcc-charter/
Norwegian offshore seismic specialist PGS is making some dramatic moves as it prepares for its business to be affected by both coronavirus and sustained low oil prices. While the company has been able to continue vessel operations without interruption, it expects low oil prices to have an impact on...
https://splash247.com/pgs-to-cold-stack-a-quarter-of-its-fleet/
In a rare statement, Diego Aponte, group president and CEO of privately held Mediterranean Shipping Company (MSC), has issued an open letter today, outlining what his company, the world’s second largest boxline, is doing to carry on business during the coronavirus. “The spread of Covid-19 has...
Subsea 7 has been awarded a contract by Germany’s innogy for the Kaskasi offshore wind farm project, located in the German sector of the North Sea. The work scope includes the transport and installation of the offshore substation foundation, 38 wind turbine monopile foundations and 52km of inner...
https://splash247.com/subsea-7-awarded-wind-contract-offshore-germany/
Danish gas ship owner B-Gas has appointed Andrew McPhail to the position of chief executive officer effective April 1. Atle Bergshaven, chairman of B-Gas, commented: “Andrew has extensive industry experience, most recently as Vice President and Head of Commercial and Business Development at...
European shipowners have urgently called on governments and Brussels to adopt a targeted rescue and recovery plan for the maritime sector, which is now inching close to collapse from the strains brought about by the coronavirus. The board of the European Community Shipowners’ Associations (ECSA)...
https://splash247.com/european-shipping-reaches-breaking-point/
CMA CGM has ships heading via the Cape of Good Hope in both directions from and to Asia and Europe, giving the Suez Canal a miss, Spash can exclusively reveal. The 16,020 teu CMA CGM Alexander Humboldt is making its way down the west coast of Africa having departed Algericas in Spain for Port Klang...
https://splash247.com/cma-cgm-sends-ships-via-the-cape-to-europe-and-asia/