Green Marine
Sustainable Marine Development Towards 2030 and Beyond, Overview
A look back at the conference that took place in Jeddah, Saudi Arabia, November 5-7.
Readers’ Picks of the Week (November 11-15, 2019)
Here are some of the last week’s most read news.
German Fintech Launches New Digital Ship Investment Project
Hamburg-based FinTech company Marvest launches a new digital ship investment project.
Essar’s Hazira Port Ferry Terminal Ready for Operations
The passenger terminal was built in eight months.
Drewry: Higher BAF Charges to Arrive ahead of IMO 2020
Shippers and forwarders are starting to help carriers cover the additional cost of the cleaner, low-sulphur fuel.
MOL Chemical Tankers to Co-Develop Terminal at Ulsan Port
MOL Chemical Tankers has agreed with KNOC and SK Gas to develop a chemical terminal in the Port of Ulsan.
Yang Ming Suffers Wider Net Loss After Returning High-Cost Chartered Boxships
Yang Ming plunged deeper into the red in Q3 2019 after returning several high-cost chartered vessels.
Okeanis Eco Tanker Earnings Hit by Scrubber Refits
The company is looking forward to a strong fourth quarter, however.
2020 Bulkers, Koch Extend Charters for Two Ships
The company’s Bulk Santiago and Bulk Seoul will continue working for Koch for another 11-13 months.
Wärtsilä, PSA Marine Join Forces on Clean Energy Shipping Solutions
Wärtsilä and PSA Marine plan to collaborate in the co-creation of smart technologies for the marine sector.
Maersk’s Operating Results Up despite Lower Container Demand
The company delivered strong free cash flow and a return on invested capital of 6.4%, according to Maersk CEO.
Team Tankers Offloads Two More Older Ships
Team Tankers is selling another two older vessels, pursuing its strategy aimed at younger ocean-going units.
GasLog Raises USD 98.4 Mn through Senior Unsecured Bonds
Net proceeds from the bonds will be used for general corporate purposes and prepayment of debt.
GoodFuels, BTG to Support Shipping’s Low Carbon Fuels Demand through Bio-Refinery
The parties would invest in a bio-refinery to produce an advanced marine biofuel based on pyrolysis oil.