Green Marine
FDX Offshore Acquires Womar Logistics
Maritime finance company FDX Offshore has acquired Singapore’s tanker pool operator Womar Logistics.
US Sanctions Four More Vessels for Venezuela Ties
The sanctions include product tankers Carlota C, Sandino, Petion, and crude oil tanker Giralt.
Japan Embarks on Carbon-Free Fuel Combustion Engine Research
The research will focus on on the use of hydrogen and ammonia as fuel.
Alphaliner: Box Volumes to Continue Rising despite Ongoing Trade War
Global container throughput is still expected to grow, despite rising trade tensions and weaker global GDP growth.
Maersk Product Tankers Agrees to Buy Seven AET Ships
Maersk Product Tankers inks formal agreement to buy seven secondhand Handy vessels from AET.
New European Project to Develop Smart Navigation Systems for Ships
A Swedish/Norwegian/German consortium has been given the go-ahead for a project to increase safety and efficiency in shipping.
Global Ship Lease Selling USD 40 Mn Worth of Shares
The funds would be used for general corporate purposes, including boxship purchases or prepayment of debt.
Scorpio Tankers Takes Product Tanker Fleet from Trafigura
The company agreed to acquire Trafigura subsidiaries, which have leasehold interests in 19 product tankers, for USD 803 million.
Japan’s Kumiai Senpaku Secures Charter for Newbuild Ferry
The ferry will service the Visayas and Mindanao regions in the Philippines.
Oil Leaking from Overturned Car Carrier near Brunswick
Skimming operations in Golden Ray’s engine room were started in order to allow access to the main fuel tanks.
Stena Impero Departs for International Waters?
Despite the conclusion of judicial proceedings, Stena Bulk said that the vessel remains at anchor in Bandar Abbas.
US West Coast Ports Warn Trump of Negative Effects of Trade War with China
The six largest US West Coast ports sent a letter to President Trump sharing their concerns about the impacts of the US-China trade war.
LR to Head Renewable Energy Ship Propulsion Project
The objective is to design a complete system that could also be installed during retrofits.
Norsepower Secures Millions for Rotor Sail Solution
Norsepower has secured a USD 8.8 million investment that would support the expansion of its Rotor Sail technology.