Green Marine

MAIB: European Causeway’s Severe Rolling Blamed on Improper Consideration of Weather Forecast
The ro-ro passenger ferry rolled heavily in very rough seas resulting in cargo shift.

AMSA: Master Convicted after Failing to Report without Delay Engine Failure
The master of a tanker has been convicted after failing to report without delay a main engine failure.

Vale’s Recovery to Be the Biggest Swing Factor for Iron Ore in 2020
Wood Mackenzie forecasts an accelerated recovery in shipments from Q1-20.

Freeport LNG Train 2 Starts Commercial Ops
On January 17, Freeport LNG announced the start of commercial operations for Train 2.

Petronas Pens 12-Year LNG Supply Deal with Shenergy, Orders Two Ships
The LNG supply deal covers a 12-year term starting from 2022.

Kidnapped Duke Crew Members Released, One Dies in Captivity
Nineteen kidnapped crew members of the tanker Duke have been released while one seafarer died in captivity.

Hapag-Lloyd Inks Space Charter Deal with Maersk and MSC
Hapag-Lloyd has signed a space charter agreement with the members of the 2M Alliance.

BIMCO: Low-Sulfur Fuel Sales Rise as Shipping Industry Responds to IMO 2020
The final quarter of 2019 marked a massive decline of HSFO sales as IMO2020 entered into force.

Safe Bulkers Agrees Sale and Leaseback for Eight Ships
Safe Bulkers has entered into sale and leaseback agreements with respect to eight vessels.

Qatargas Ships 1st Q-Flex LNG Cargo to Bangladesh Summit LNG FSRU
Qatargas has delivered the first Q-Flex cargo of LNG to the Summit LNG FSRU.

USCG: Search Ends for Missing Fishermen after Collision with Tanker
The 2 fishermen went missing after their vessel collided with Odfjell’s chemical tanker.

SAAM to Take Majority Stake in Intertug
Chilean Sociedad Matriz SAAM is to acquire a controlling stake in towage services provider Intertug.

Diana Shipping Secures Work for Kamsarmax Bulker
Diana Shipping inks a time charter contract with Aquavita International for a Kamsarmax ship.

MAIB: CMA CGM G. Washington Lost 137 Containers after 20-Degree Rolls
Two years ago, CMA CGM G. Washington experienced 20° rolls leading to the collapse of three container bays.