Brazilian-based logistics company Log-In Logistica Intermodal announced late on Wednesday it had come into a takeover offer from the Swiss-based international shipping line Mediterranean Shipping Company (MSC), which is aiming to secure a controlling stake of up to 67% in the company.
Get the latest maritime and shipping news. Covered with incomparable data, intelligence, insights, statistics, and analysis, by the marinemonks Network.
Swiss-based shipping line and the world’s number-two ocean liner, Mediterranean Shipping Company (MSC), has stated publicly for the first time its objective to reach net-zero carbon emissions by 2050.
NTSB’s latest report has revealed that the reason for the infamous capsizing of Golden Ry was due to incorrect stability calculations. the capsizing caused damages worth caused damages worth $200 million
Two crew-members onboard MT Arafura, a Euronav owned VLCC (Very Large Crude Carrier) have died, after they were hit by a large wave, while the vessel rounded Cape Horn. The incident occurred on 11th September, when the Belgian-flagged crude oil carrier was on its way from Brazil’s Porto Do Acu to the Port of Long Beach in the United States.
LISA AUERBACH, a 12,684 DWT general cargo ship has collided with MY AN 1, a Vietnam-flagged general cargo ship, resulting in the latter sinking, while its upper bridge remained above the waterline. The incident occurred in the morning of 14th September, at the Vung Tau Anchorage, off southern Vietnam. As per the reports, all 17 crew-members from the 8,232 DWT MY AN 1 were rescued before the ship sank, by LISA AUERBACH, and are safe.
Over a dozen liquefied natural gas tankers queued up for their turn to fill up at Qatar’s port of Ras Laffan has depicted the situation of the global gas market today.