Green Marine
Port of Rotterdam Taking Pronto Data Exchange Platform Global
Maersk and Shell are the first partners of a company set up to offer Pronto worldwide.
Readers’ Picks of the Week (August 5-9, 2019)
Here are the most popular news from last week.
Klaipėda Oil Terminal to Make Room for Larger Tankers
Once the works are done, KN will be able to receive 3 tankers simultaneously at the terminal.
WFW: Oil Majors Exempted from New US Sanctions on Venezuela
Venezuelan-owned and U.S.-based oil and gas company Citgo is also exempted.
Euronav Takes USD 100 Mn Loan to Prepare for IMO 2020
The loan was taken in order to help the company prepare for IMO’s 2020 sulphur cap.
NRF: Retail Imports Remain at Near-Record Levels Despite Tariffs
NRF’s overall outlook is more pessimistic than last month as US introduces new 10 percent tariffs.
Product Tanker, Ocean Self-Unloader Segments Boost Algoma’s Earnings
Algoma wrapped up Q2 2019 with higher net income, driven by an increase in operating earnings.
NCL Sees Record Earnings Despite Cuba Sanctions
The company generated GAAP net income of USD 240.2 million in the second quarter of 2019.
Stellar Daisy Network Demands New Search to Recover 2nd VDR
Result of the initially retrieved VDR, released on July 26, revealed only partial voyage information.
Germany Seizes Another 1.5 Tons of Cocaine on Boxship
Customs officers in Hamburg have discovered a further 1.5 tons of cocaine on board a containership.
Genting Hong Kong Agrees to Sell 35% of Dream Cruises
The interest would be sold for USD 489 million to TPG Capital Asia, TPG Growth and Ontario Teachers’.
Breaking Wave Injures Four Aboard Bulk Carrier
The injured seafarers are now reported to be in stable conditions.
ANEX Tour Sails into Cruise Sector with Saga Sapphire
The cruise ship, to be delievered in mid-2020, would sail on its maiden voyage from Antalya.
Poor Freight Rates Hurt Euronav Earnings in Q2
Euronav ended the second quarter of this year with a net loss, driven by a longer than expected freight rate weakness.