Vela International Marine Ltd.

French container transportation and shipping company CMA CGM has announced the launch of a Reefer Pharma division that will focus on the temperature-controlled transportation of pharmaceutical products."For more than 40 years, preserving the integrity of shipped goods has been a top priority for the CMA CGM Group, particularly in terms of sensitive products such as medicines that directly impact public health and patients’ quality of life," said a press release from the company.For organising and closely monitoring the shipping of this highly sensitive cargo, CMA CGM provides its customers with a dedicated team of experts who ensure 24/7 monitoring from the Group's head office in Marseilles

The world's principal shipping organisation, representing around 80% of the world’s merchant tonnage, International Chamber of Shipping (ICS)  remains confident that shipping will improve its carbon efficiency by at least 40% by 2030 compared to 2008, in line with the UN International Maritime Organization (IMO) targets to reduce greenhouse gas (GHG) emissions.  This follows important decisions made by the IMO Marine Environment Protection Committee (MEPC 74) which met in London this week, said a press release from the world’s national shipowner association.

The International Maritime Organization (IMO) on Friday agreed stricter energy efficiency targets for certain types of ships in an effort to speed up action to cut the sector's emissions.The IMO's Marine Environment Protection Committee has been meeting in London this week to discuss tougher rules on sulphur emissions and other measures towards meeting a long-term goal of cutting greenhouse gas emissions by 50% from 2008 levels by 2050.The international shipping sector accounts for about 2% of global carbon dioxide (CO2) emissions, the main greenhouse gas blamed for global warming.

Wight Shipyard Co. (WSC) debuts a hybrid patrol vessel designed  to reduce both fuel costs and engine maintenance.“This ground-breaking project aims to set new standards in high speed, fuel economy and light weight vessels in the sector. Building greener vessels has been an integral focus for some time now so moving into hybrid options is the obvious next step forward,” said Peter Morton, CEO, WSC.The WSC vessel has been designed by naval architect Chartwell Marine, and is the first in the new Chasewell range of pilot and patrol boats, first unveiled at Seawork 2018.It has been designed and built in collaboration with Andy Page, naval architect and managing director of Chartwell Marine.

The international law firm Watson Farley & Williams (WFW) advised Bremen-based Breakbulk shipping line Zeaborn Group (ZEABORN) on its acquisition of Claus-Peter Offen Tankschiffreederei (CPO Tankers).ZEABORN acquired CPO Tankschiffreederei from the Offen Group, which specialises in the management of oil and product tankers. A purchase agreement for the acquisition of all shares was signed, though the transaction remains subject to approval by the cartel authorities.The Offen Group, owned by Claus-Peter Offen, is one of the world’s largest suppliers of charter-container tonnage.