Green Marine
EIB Provides USD 155 Mn for Port of Piraeus Expansion
The first EUR 100 million tranche of the 20-year loan was signed on November 11.
Maersk’s Søren Toft Leaves, Company Looking for New COO
The responsibilities as Chief Operating Officer will in the interim be taken on by Søren Skou.
MPC Capital Takes Stake in Tanker Specialist Albis
Germany’s MPC Capital buys a strategic stake of 50 percent in compatriot tanker specialist Albis.
Port of Ceuta Carries Out First VLSFO Bunkering
The Spanish port on the Moroccan side of Strait of Gibraltar is ready for IMO 2020.
ITF Calls for Urgent Action to Tackle Rising Piracy in Gulf of Guinea
Pirates kidnapped 13 crew members from two ships in two piracy incidents that occurred in early November.
MSC Cruises Claims Title of World’s First Carbon Neutral Cruise Line
CO2 emissions from MSC Cruises’ fleet will be offset as of January 1, 2020, the company says.
Gibson: Tanker Scrapping to Remain Low During Winter
A lack of demolition activity has been one of the key developments in tanker supply this year.
USCG: Oils Spills During Bunkering Ops in Honolulu
The heavy fuel oil spilled during bunkering operations between boxship Kamokuiki and a bunker barge.
BIMCO: Market Uncertainty Causes More Fuel Oil Price Volatility
The uncertainty of the upcoming IMO 2020 sulphur cap regulation is having a big impact on the bunker market.
Reducing Ship Speeds Has Multiple Benefits, New Study Shows
Slower ship speeds would massively reduce the damage shipping is causing to human health, nature and the climate.
ABS Introduces Industry’s 1st Guide to Tackle Containership Fire Issue
ABS’s guide is addressing firefighting and safety systems of cargo holds of container vessels.
NRF: Imports at Top US Ports to See Final Tariff-Driven Surge of 2019
Imports at U.S. retail container ports would rise this month ahead of new tariffs set to take effect in December.
Singapore Welcomes Its Largest Containership to Date
The 23,656 TEU MSC Isabella made its maiden call at the Port of Singapore on November 10, 2019.
S&P Raises Global Ship Lease’s Credit Rating
New charters at favorable rates and extended debt maturities were just some of the factors that led to the upgrade.