Green Marine
Wärtsilä Bags RoPax Retrofit Deal
The retrofit will allow the vessel to use LNG as fuel.
Ukraine Starts Accepting Bids for Olvia Port Concession
Ukraine has started accepting tender applications for a concession of the Stevedoring Company Olvia.
Navios Acquisition Repays USD 196.8 Mn of Debt
With sale-and-leaseback, commercial bank debt and cash, the company extended debt maturities through 2027.
Golar Power to Provide FSRU for Brazilian LNG Terminal
The LNG terminal is expected to start operations by mid-2021.
Damaged Iranian Tanker to Undergo Repairs in Bandar Abbas
The tanker whose hull was damaged in a missile attack off Saudi Arabia will be repaired in Bandar Abbas.
Bahri’s Earnings Grow in 3rd Quarter
Net profit jumped to USD 39.1 million in the third quarter of 2019 from USD 21.6 million seen a year earlier.
BC Ferries’ Skeena Queen Set for Mid-Life Upgrade
The vessel will be replaced by Queen of Cumberland for the duration of the upgrade.
MSC’s Messina Acquisition Gets Go-Ahead from Italian Regulator
MSC receives the green light from the Italian Competition Authority to acquire a minority stake in Ignazio Messina.
Two More Sovcomflot Tankers Wrap Up NSR Voyages
Lomonosov Prospect and Mendeleev Prospect crossed the full length of the NSR using only cleaner-burning fuel.
CMA CGM Launches Shipping Trade Finance Services
The import and export financing services range, Shipfin Trade Finance, was set up with invoice finance platform Incomlend.
Maersk Raises 2019 Profit Forecast
The company now expects its EBITDA to be in the range of USD 5.4 to 5.8 billion, up from the previous USD 5 billion.
Total, ZEG Create LSFO Joint Venture in China
French Total joins forces with China’s ZEG to create a joint venture company dedicated to marine fuels.
Port of Rotterdam: Box Volumes Keep Rising
The Port of Rotterdam closed the first three quarters with a slight increase of 1 percent in cargo handling.
Gard Warns of Mysterious Oil Spill off Brazil
The shorelines of Brazil’s North-Eastern region have been polluted since early September.