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Green marine

List of the highlighted articles

Posted: over 3 years ago

Stronger US-China Ethane Trade to Boost Demand for VLECs

Ethane trade on the U.S.-China route has the potential to create demand for about 30 VLECs, Drewry s...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Frontline Buying Up to 14 Suezmax Tankers from Trafigura

The company signed a deal to purchase ten 2019-built tankers, with options for four more units. ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

DP World's Profit Surges in Uncertain Trade Environment

Profit for the period increased to USD 753 million, representing a growth of 26.8% on a reported bas...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

iContainers: Two Factors to Further Disrupt 2019 Peak Season

IMO 2020 sulphur cap, earlier than usual 2020 Chinese New Year would “further disrupt and unse...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Vista Shipping to Finance New Tankers with USD 111 Mn Loan

The loan would be used to finance four new LR1 product tankers being built at Guangzhou Shipyard. ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Wallenius Wilhelmsen Hit with Criminal Cartel Charges

The alleged cartel conduct is related to shipping of certain vehicles to Australia between June 2011...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Seasonal Variations Push Höegh LNG into the Red

The company’s net loss was at USD 3.6 million, against a profit of USD 4.5 million reported in...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Stena Bulk Meets Iran’s Zarif over Stena Impero Release

The company and Iran’s Foreign Minister had “a constructive dialogue” on the relea...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

GriegMaas Welcomes Latest Ultramax to Its Fleet

The Ultramax is the fifth vessel in the joint venture’s fleet. ...

Posted: over 3 years ago
Posted: over 3 years ago

Misdeclared Cargo Fines Unlikely to Change Rogue Shippers

Eight fire incidents occurred aboard ships carrying containers this year alone. ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Global Ports Holding Vying for Puerto Rico Cruise Port

The company has secured two cruise port concessions in America so far this year. ...

Posted: over 3 years ago
Posted: over 3 years ago

UK Ports' Performance Not Hurt by Political Uncertainties

2018 data showed stable port freight tonnages overall, with only a 0.1% difference on the previous y...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

ADS Crude Carriers to Pay More for Scrubber Installations

The expected investment increased to around USD 6.5 million, from the previously guided USD 5.5 mill...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Navios Acquisition Agrees Sale and Leaseback for 10 Ships

The transactions are expected to reduce Navios Acquisition’s debt by USD 33.4 million or 3% of...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Alphaliner: HMM to Add 34 Ships to THE Alliance's Network

The company would contribute 519,000 TEU in ships to the network, Alphaliner cited HMM’s earli...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

CSSC (Hong Kong) Shipping Secures USD 600 Mn Loan

On August 20, the company confirmed it received a financing letter from an undisclosed bank in relat...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Maran Gas Places Order for Its 6th LNG Carrier at DSME

The new 174,000 cbm unit is scheduled for delivery by the fourth quarter of 2021. ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Essar Ports Eyes Cargo Throughput of 60 Mn Tons in FY20

Essar Ports expects to meet its target of handling 60 million tons of cargo in FY 2020. ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

ZIM Returns to Black in 2nd Quarter

Recovering freight rates saw a partial decrease in H1 2019, while bunker prices remained highly vola...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

BBC Chartering Welcomes Its New CEO

Germany-based shipping company BBC Chartering has appointed Ulrich Ulrichs as a new CEO of the compa...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Flex LNG Reports Loss but Expects Improvement

Due to the weaker LNG shipping market, Flex LNG closed the first half of this year with a net loss. ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Indonesia to Implement Sulphur Cap on Schedule

The rule would apply to all Indonesian-flagged vessels starting January 1, 2020, both for domestic a...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Better Spot Rates Help Odfjell Shrink Loss

Next quarter is expected to be slightly affected by the seasonal slowdown in the chemical tanker mar...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Napier Port Debuts on New Zealand's Exchange

New Zealand’s Napier Port completes NZD 234 million IPO that would enable it to fund its long-...

Posted: over 3 years ago
Posted: over 3 years ago

Australia Joins US-Led Coalition to Protect Ships in Hormuz

Australian is to work alongside international partners to assure security of merchant vessels in the...

Categories:
  • Business & Finance
Posted: over 3 years ago

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