Green Marine
Large Vessel Demand Rises as Boxships Queuing for Scrubber Retrofits
More than 100 containerships aggregating 950,000 TEUs were in yards for scrubber retrofits last month.
IMO Secretary-General: Prices for Compliant Fuels Stabilizing
Kitack Lim: Prices for compliant fuels appear to be stabilizing.
Schulte, DEVK Create New Maritime Asset Investment Platform
Schulte Group and DEVK have established Navigo, a maritime asset investment platform for institutional investors.
HMM Sets Sights on 25 Pct Higher Revenue in 2020
HMM roughly anticipates a 25% improvement in its revenue for 2020.
Marubeni, Klaveness Create Giant Panamax Pool Operator
Japan’s Marubeni Corporation and Norwegian dry bulk operator Klaveness are merging Panamax Pool activities.
Port of Rotterdam Points to Rise in LNG Bunkering
Europe’s top bunkering port, the Port of Rotterdam, has seen an increase in LNG bunkering at the port.
MUA Threatens with Fresh Industrial Action as Tensions with DP World Intensify
MUA is planning a new wave of industrial action across Australian terminals.
CMES Taking Over Bulkers and LNG Assets from Sinotrans
CMES has decided to integrate the shipping assets of its subsidiary Sinotrans & CSC Holdings.
EC: A.P. Møller Capital Gets Green Light for Port Terminals in West Africa
EC approves APMC’s acquisition of joint control over 4 project companies with concessions to build terminals in Africa.
DP World Strengthens European Presence with Swissterminal Stake Purchase
DP World will take a 44 percent stake in Swissterminal Holding AG.
Study: New Blends of Marine Fuels Have Higher BC Emissions than HFO
New blends of marine fuels with 0.50% sulphur content can contain a large percentage of aromatic compounds.
Study: Over USD 1 Trillion Needed to Decarbonize Shipping by 2050
At least USD 1 trillion of capital investment is required to halve shipping’s emissions by 2050.
US-China Deal: What Will It Mean for Tanker Shipping?
Sand: The deal will deliver both trade creation and trade diversion.
Maersk CEO: EU Antitrust Rules Hurt European Companies’ Competitiveness
Strict competition rules in Europe prevent the creation of EU giants that would compete with US and Chinese rivals.