Green Marine

Global Ports Holding’s JV Acquires Remaining Stake in Malaga Cruise Port
A JV of Global Ports Holding completes the purchase of a minority stake in the Malaga Cruise Port.

Teekay Tankers Seals USD 533 Mn Loan, Sells Assets
Teekay Tankers has closed a new five-year, USD 533 million revolving credit facility to refinance 31 vessels.

Maritime Firms Team Up with Tech Startups to Drive Innovation
Rainmaking matched five maritime giants with eight startups to accelerate innovation.

xChange: Empty Containers Piling Up in Shanghai
xChnage: It should be easy to get an empty container in Shanghai.

CSAV Exits RoRo Business
CSAV is to close its maritime vehicle transport (RoRo) business and focus on its container shipping business.

IBIA: Still Too Early to Draw Conclusions on VLSFO’s Black Carbon Emissions
IBIA: still premature to draw valid conclusions on the level of VLSFO’s black carbon emissions.

Eagle Shipping Settles Sanctions Violations Case
Eagle Shipping has agreed to pay USD 1.1 million to settle violations of the Burmese Sanctions Regulations.

Performance Shipping Sells Rotterdam Boxship
Performance Shipping has signed a memorandum of agreement (MOA) to dispose of Rotterdam, a 2008-built boxship.

Scorpio Bulkers Reports Lower Vessel Revenues
Monaco-based shipping company Scorpio Bulkers managed to return to profit in the fourth quarter of 2019.

Cheniere Ships 1,000th LNG Cargo from U.S. Gulf
Cheniere Energy has produced and exported its 1,000th cargo of LNG.

Castor Maritime Raises Money to Expand Fleet
Castor Maritime entered into two financing deals that would result in acquiring capital for future fleet expansion.

NYK: Egypt to Get 1st Dedicated RoRo Terminal
NYK will participate in a consortium that would set up a dedicated RoRo terminal at East Port Said in Egypt.

V.Ships: Kidnapped Seafarer Received Medical Help from Pirates
A kidnapped seafarer of MV Duke was provided with medical help by pirates but they did not manage to save him.

Clean Arctic Alliance: How Did Super Pollutant ‘Frankenstein’ Fuels Come to Market?
The Clean Arctic Alliance is calling for an immediate switch to distillate fuels for ships in the Arctic.