Green Marine
Carnival Cleans Up
Miami-based cruise company Carnival Corporation has reported its strongest ever non-GAAP net income of USD 1.4 billion in the quarter ended August 31. The company’s non-GAAP net income for the third quarter of 2014 was USD 1.2 billion. U.S. GAAP net income for the third quarter of 2015, which includ
Carnival Cleans Up
Miami-based cruise company Carnival Corporation has reported its strongest ever non-GAAP net income of USD 1.4 billion in the quarter ended August 31. The company’s non-GAAP net income for the third quarter of 2014 was USD 1.2 billion. U.S. GAAP net income for the third quarter of 2015, which includ
ICS: Shipping Set to Cut CO2 Emissions by 50 Pct by 2050
The global shipping industry is already delivering carbon neutral growth having reduced total CO2 emissions by more than 10% since 2007, despite an increase in maritime trade, according to the International Chamber of Shipping (ICS). CO2 emissions from international shipping now represent just 2.2%
ICS: Shipping Set to Cut CO2 Emissions by 50 Pct by 2050
The global shipping industry is already delivering carbon neutral growth having reduced total CO2 emissions by more than 10% since 2007, despite an increase in maritime trade, according to the International Chamber of Shipping (ICS). CO2 emissions from international shipping now represent just 2.2%
NAT Adds First of Two Suezmaxes
Nordic American Tankers Limited (NAT) has taken delivery of the first of two 2010-built Suezmaxes bought from an unnamed party back in July for USD 122 million. The first tanker has been renamed Nordic Light. The delivery of its sister ship is expected to take place during October. Following the del
NAT Adds First of Two Suezmaxes
Nordic American Tankers Limited (NAT) has taken delivery of the first of two 2010-built Suezmaxes bought from an unnamed party back in July for USD 122 million. The first tanker has been renamed Nordic Light. The delivery of its sister ship is expected to take place during October. Following the del
EDF Orders 24 More LNG Cargoes from Cheniere
Houston-based energy company Cheniere Energy has entered into the second sales arrangement with Électricité de France (EDF) in the last two months for the delivery of additional 24 liquefied natural gas (LNG) cargoes on an ex-ship basis from the Sabine Pass LNG terminal. Cheniere Marketing Internati
EDF Orders 24 More LNG Cargoes from Cheniere
Houston-based energy company Cheniere Energy has entered into the second sales arrangement with Électricité de France (EDF) in the last two months for the delivery of additional 24 liquefied natural gas (LNG) cargoes on an ex-ship basis from the Sabine Pass LNG terminal. Cheniere Marketing Internati
EU Okays Public Funding for First LNG Terminal in Finland
The European Commission has approved under EU state aid rules Finland’s plans to grant around EUR 23 million (USD 25.8m) to construct a small scale LNG terminal at Pori, in the Satakunta region on the country’s west coast. EC has concluded that Finland’s plans to grant public funding for the constru
EU Okays Public Funding for First LNG Terminal in Finland
The European Commission has approved under EU state aid rules Finland’s plans to grant around EUR 23 million (USD 25.8m) to construct a small scale LNG terminal at Pori, in the Satakunta region on the country’s west coast. EC has concluded that Finland’s plans to grant public funding for the constru
Safe Bulkers Sells and Leases Back Kamsarmax Quartet
NYSE-listed dry bulk shipping company Safe Bulkers, Inc. has entered into a sale and leaseback agreement with an undisclosed bank for four of its existing Kamsarmaxes. Under this agreement, the aggregate net proceeds for the four vessels was USD 92.1 million. Safe Bulkers leased each vessel back for
Safe Bulkers Sells and Leases Back Kamsarmax Quartet
NYSE-listed dry bulk shipping company Safe Bulkers, Inc. has entered into a sale and leaseback agreement with an undisclosed bank for four of its existing Kamsarmaxes. Under this agreement, the aggregate net proceeds for the four vessels was USD 92.1 million. Safe Bulkers leased each vessel back for
Update: Drugs and Weapons Found on Raided Höegh Transporter
Kenyan and U.S. authorities have reportedly found drugs and illegal weapons onboard the Pure Car/Truck Carrier Höegh Transporter which was raided by anti-drugs commando teams in the Port of Mombasa last Thursday, September 17, according to local media. The drugs and weapons were reportedly found ins
Update: Drugs and Weapons Found on Raided Höegh Transporter
Kenyan and U.S. authorities have reportedly found drugs and illegal weapons onboard the Pure Car/Truck Carrier Höegh Transporter which was raided by anti-drugs commando teams in the Port of Mombasa last Thursday, September 17, according to local media. The drugs and weapons were reportedly found ins