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CEVA Takeover Affects CMA CGM s Bottom Line
French container shipping major CMA CGM ended 2019 with significantly increased revenues due to the acquisition of CEVA but also a bigger net loss.
Full-year 2019 revenue rose by 29% to USD 30.3 billion from USD 23.5 billion seen in 2018.
As explained, the increase was driven by the acquisition of Swiss logistics company CEVA Logistics, which contributed USD 7.1 billion.Posted On:11-Mar-2020
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DCSA Rolls Out Cyber Security Guide for Carriers
The Digital Container Shipping Association (DCSA), a non-profit group established to further digitalization of container shipping through technology standards, has published a cyber security implementation guide to facilitate vessel readiness by 2021.
The guide, released in conjunction with DCSA s nine member carriers, would enable ships to be prepared for the International Maritime Organization (IMO) Resolution MSC.428(98) on Maritime Cyber Risk Management in Safety Management Systems.Posted On:11-Mar-2020
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Panama City Port Authority executive director says port is "low-risk" operation regarding COVID-19
Now that the coronavirus has arrived in the state, Governor Ron DeSantis wants to make sure Florida s ports are prepared.
Wayne Stubbs was one of several sea port representatives on a recent conference call with the governor to brief and prepare the state s sea and airports.Posted On:11-Mar-2020
Credits: www.bunkerportsnews.com |
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Wartsila Vessel Traffic Management System upgrading will bring safety and efficiency benefits to Indian port
The technology group Wartsila will upgrade its Vessel Traffic Management System (VTMS) installed in the Indian port of Cochin. The system was originally delivered in 2008, and by adding the latest technology, significant additional benefits can be gained. The order with Wartsila was placed in February 2020 by the Cochin Port Trust (CoPT).Posted On:11-Mar-2020
Credits: www.bunkerportsnews.com |
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We re Acquiring More Equipment To Avert Port Congestion - APM Terminals
The Management of APM Terminals Apapa said on Monday that it had placed orders for more equipment to cope with the significant growth at the Lagos Port.
The clarification is coming on the heels of a report that the Nigerian Ports Authority (NPA) had issued a 30-day ultimatum to the terminal operator to address alleged lapses, which has reportedly resulted in port congestion.Posted On:11-Mar-2020
Credits: www.bunkerportsnews.com |
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Crew of international cargo ships cannot disembark in Cebu ports
The crew of international cargo ships are not allowed to disembark in any ports within the vicinity of Cebu City.
This was the pronouncement of Mayor Edgardo Labella on Tuesday, March 10, 2020, following the declaration of a state of public health emergency in the country due to the spread of the Coronavirus Disease-2019 (Covid-19).Posted On:11-Mar-2020
Credits: www.bunkerportsnews.com |
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Konecranes Goliath strides to France
Konecranes and Chantiers de l Atlantique, a shipyard in St. Nazaire, France, have signed a contract for the delivery of a Konecranes Goliath gantry crane. It will handle large ship blocks and panels over the dry dock, playing a leading role in ship assembly at this storied shipyard. The order was booked in Q4 2019.Posted On:11-Mar-2020
Credits: www.bunkerportsnews.com |
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