Green Marine
Canada Steamship Scraps Aging Bulkers
Canada Steamship Lines decided to retire two bulk carriers – Birchglen and Mapelglen – currently on their final journey to a ship breaking yard in Aliaga, Turkey. In mid-October, the bulk carriers will be recycled in full compliance with international rules and regulations, as well as with CSL’s shi
Canada Steamship Scraps Aging Bulkers
Canada Steamship Lines decided to retire two bulk carriers – Birchglen and Mapelglen – currently on their final journey to a ship breaking yard in Aliaga, Turkey. In mid-October, the bulk carriers will be recycled in full compliance with international rules and regulations, as well as with CSL’s shi
Hapag-Lloyd’s Outlook Changed to Positive
German carrier Hapag-Lloyd has raised many eyebrows with its intention to list its shares via a partial initial public offering (IPO) on the Frankfurt and Hamburg Stock Exchanges. Namely, the company aims to raise USD 500 million from the IPO, including USD 100 million of new shares for two of its e
Hapag-Lloyd’s Outlook Changed to Positive
German carrier Hapag-Lloyd has raised many eyebrows with its intention to list its shares via a partial initial public offering (IPO) on the Frankfurt and Hamburg Stock Exchanges. Namely, the company aims to raise USD 500 million from the IPO, including USD 100 million of new shares for two of its e
Drewry: East-West Contract Freight Rates Take a Nosedive
Ocean freight rates for cargo moving under contracts on the major East-West trade routes have seen a sharp reduction since the beginning of the year, according to Drewry’s Benchmarking Club. The Drewry Benchmarking Club contract rate index, based on Trans Pacific and Asia-Europe contract freight rat
Drewry: East-West Contract Freight Rates Take a Nosedive
Ocean freight rates for cargo moving under contracts on the major East-West trade routes have seen a sharp reduction since the beginning of the year, according to Drewry’s Benchmarking Club. The Drewry Benchmarking Club contract rate index, based on Trans Pacific and Asia-Europe contract freight rat
EU Shipowners Worried over Shanghai Free Trade Zone Extension
EU shipowners voiced their concern about the announced international relay of ships and more concretely the extension of the Shanghai Free Trade Zone to five more ports as the move is believed to put EU companies at a disadvantage, the European Community Shipowners’ Association (ECSA) said at the 12
EU Shipowners Worried over Shanghai Free Trade Zone Extension
EU shipowners voiced their concern about the announced international relay of ships and more concretely the extension of the Shanghai Free Trade Zone to five more ports as the move is believed to put EU companies at a disadvantage, the European Community Shipowners’ Association (ECSA) said at the 12
Danish Shipowners Call for International Enforcement of Sulphur Directive
The new directive requiring ships sailing in areas such as the North and Baltic Seas and the English Channel to reduce their sulphur emissions by 90 per cent needs significant international control and enforcement to ensure that ignoring the directive does not become an attractive option, according
Danish Shipowners Call for International Enforcement of Sulphur Directive
The new directive requiring ships sailing in areas such as the North and Baltic Seas and the English Channel to reduce their sulphur emissions by 90 per cent needs significant international control and enforcement to ensure that ignoring the directive does not become an attractive option, according
Spotted: ‘Greenland’ Ready for Launching
M.V. Greenland, a dedicated cement carrier build for the joint venture JT cement, will be launched at the Ferus Smit Westerbroek Yard on October 31st. The vessel will be one of the first ever dry cargo vessels with an LNG fuelled propulsion system. This unique design incorporates a pressurised LNG t
Spotted: ‘Greenland’ Ready for Launching
M.V. Greenland, a dedicated cement carrier build for the joint venture JT cement, will be launched at the Ferus Smit Westerbroek Yard on October 31st. The vessel will be one of the first ever dry cargo vessels with an LNG fuelled propulsion system. This unique design incorporates a pressurised LNG t
Frontline Ltd to Delist from London Stock Exchange
John Fredriksen’s oil tanker shipping company Frontline Ltd. has requested the UK Listing Authority to delist the company from London Stock Exchange with effect from the opening of the market on November 2, 2015. Frontline has asked the UKLA to cancel the listing of all of its ordinary shares of USD
Frontline Ltd to Delist from London Stock Exchange
John Fredriksen’s oil tanker shipping company Frontline Ltd. has requested the UK Listing Authority to delist the company from London Stock Exchange with effect from the opening of the market on November 2, 2015. Frontline has asked the UKLA to cancel the listing of all of its ordinary shares of USD