Top News of the Week July 7th-11th

Business & Finance
CMA CGM MAGELLAN
CMA CGM MAGELLAN

AMT Explorer Sinks with Prysmian’s Cargo

Cable barge AMT Explorer sank on Thursday, July 3 around 50 miles southwest of Sardinia while carrying Prysmian’s power cables to the North Sea.

 

Boat Smashes into Norwegian Oil Rig, 60 Workers Evacuated

A moving supply boat has smashed into the suspension legs of a Statoil rig in Oseberg Øst, an offshore oil field in the North Sea, early this morning ( around 1.a.m local time), Norwegian news provider The Local writes.

 

VIDEO: CMA CGM Ship as Gigantic Work of Art

CMA CGM MAGELLAN, a 365-meter long UK container ship has been transformed into a gigantic work of art by a world-renowned artist, JR.

 

Interview: JMU’s Contra Rotating Propellers Cut Fuel Consumption

With the climate in the shipping industry as competitive as ever, the shipowners look favourably on any breakthrough that could lead to cutting shipping costs.

 

Rotterdam to Host World’s Biggest Vessel

‘Pieter Schelte’, the biggest vessel in the world, is to be completed in the port of Rotterdam.

 
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Press Release; July 13th, 2014