Green Marine
Teekay Offshore Secures USD 450 Mn Shuttle Tanker Fleet Refinancing
Teekay Offshore Partners secured a new USD 450 million revolving credit facility for sixteen shuttle tankers.
Containership Trio to Join Global Ship Lease Fleet
The three 7,849 TEU containerships to be employed on long-term charters with Maersk Line.
Improved TCE Rates Boost Nordic Shipholding’s Earnings
The improvement in TCE rates helped Nordic Shipholding return to profit in Q1 2019.
Scrubber Installation Costs Push Star Bulk into Red
Star Bulk Carriers delivered a net loss in the first quarter on the back of higher costs and off-hire days.
Hurtigruten Inks Landmark Biogas Deal, to Power Vessels with Dead Fish
Hurtigruten’s vessels to be powered with fuel made from dead fish and other organic waste.
Russia’s Novatek to Develop LNG Regasification Terminal in Vietnam
The terminal would be part of Vietnam’s integrated energy-generating project.
ITF Calls for Lashing Ban for Foreign Crew on St Lawrence River
ITF called on the Transport Canada to ban foreign-crew from undertaking lashing after Maersk Patras incident.
MAN Developing New Low-Pressure Gas Engine
Market demand was cited as the rationale behind the move.
Sempra Energy, Saudi Aramco Sign Huge LNG Deal for Port Arthur LNG
Affiliates of Sempra Energy and Saudi Aramco sign heads of agreement for Port Arthur LNG.
European Goods Dominate Spanish Ports as Project Loads Gain Ground
246 million tons handled had a country in the European continent as origin/destination.
Norden Bolsters Middle East Presence with New Contract
Norden signs a three-year contract of affreightment with Qatar Vinyl Company.
ZIM Cuts Net Loss in Tough Business Environment
ZIM managed to shrink its net loss in the first quarter of the year as revenues, volumes increased.
Koch Hires Diana Shipping’s Capesize
Diana Shipping signs time charter contract for one of its Capesize bulkers with Singapore’s Koch Shipping.
Ship Finance International Eyes Further Growth Opportunities
Ship Finance International closes Q1 2019 with a considerably higher net income.