A global seaborne shipping and logistics company, Navios Maritime Holdings Inc., has reported its financial results for the second quarter and six month period ending last June 30. Chairman and Chief Executive Officer, Angeliki Frangou, said“I am pleased with the results of the second quarter of 2019 for which we reported revenue of $147.2 million and Adjusted EBITDA of $62.6 million.”
The seeming out of control cyber criminals are currently taking their unwholesome craft to the shipping industry, and in the process, exposing vessels to cyber risks. In a frantic bid to beat them in their nasty enterprise, the existing safety management systems in ships are being broadened to appropriately address cyber attacks.
As the global shipping industry strives to reduce its impact on the environment with innovative solutions like battery-operated vessels, wind-powered ships and carbon-neutral shipping, green shipping is emerging as the key trend changer of the industry.