Green Marine
AVIC International Leasing Behind Navios Tanker Quintet Financing
AVIC International Leasing revealed as the financier for five Navios Maritime Acquisition product tankers.
Expansion of Sweden’s Port of Ystad Kicks Off
Works are expected to be completed by the end of 2020.
Schulte Launches Venture Capital Arm for Maritime Startups
The new unit will operate from Hamburg, Limassol and Singapore.
VV: Ships Sabotaged in UAE Waters Identified
Saudi ships involved in the sabotage incident off UAE identified as the VLCC Amjad and the Al Marzoqah tanker.
TORM Posts Its Strongest Quarterly Result in 3 Years
The rise in TORM’s profit in Q1 2019 was driven by product tanker market recovery.
Okeanis Eco Tankers Raises USD 15 Mn in Private Placement
Upon delivery, the offer shares will be tradable on Oslo Axess under the trading symbol “OET”.
China Retaliates against US Tariffs Hike
China is to raise the rate of additional tariffs imposed on some of the imported U.S. products from June 1.
Five More Ocean Carriers Join Digital Container Shipping Association
The Digital Container Shipping Association welcomes five more members.
Danaos Reports First-Quarter Profit Rise
Danaos Corporation wrapped up Q1 2019 with a considerably increased net income.
NRF: Latest Tariffs Are Too Great a Gamble for US Economy
US released a list of USD 300 billion of Chinese goods that will be targeted by additional tariffs of 25 percent.
Team Tankers Inks Sale and Leaseback, Narrows Loss
Team Tankers agreed a sale and leaseback for its 2003-built tanker at a price of USD 12.5 million.
Stena Line Eyes New Initiatives in Sustainable Shipping
Stena Line provides details on initiatives, improvements and challenges in its third sustainability review.
Panama Canal Welcomes Its Largest LNG Tanker to Date
The Panama Canal, Qatargas saved 10,000 tons of CO2 emissions compared to alternative routes.
International Seaways Benefits from TCE Rates Revival
International Seaways reported a profitable first quarter of this year.