Green Marine
HHLA’s Earnings Up in Q1 2019 Despite Market Headwinds
HHLA made a successful start to the 2019 financial year despite a challenging market environment.
USCG Evaluating Oil Removal Ops on Tanker Sunk by German U-Boat
The Great Britain-owned ship sank off New York.
MPA Singapore Revokes Southernpec’s Bunker Operator Licence
MPA Singapore revoked the bunker craft operator licence of Southernpec with effect from May 8, 2019.
DHT Reports Profit in First Quarter
DHT Holdings returned to profitability in the first quarter of this year.
DFDS Buying Ferry Duo to Service New Sweden-Belgium Route
DFDS is to purchase two 2000-built freight ferries for USD 40.5 million to service its new route.
Eagle Bulk Disposes of One More Supramax
Eagle Bulk is continuing with its fleet restructuring as it sells another Supramax.
Higher Volumes, Freight Rates Drive Hapag-Lloyd’s Earnings Up
Hapag-Lloyd off to a good start amid higher volumes, better freight rates and a stronger US dollar.
ESL Shipping’s Crane Issues on New Vessels Mainly Fixed
Crane Issues aboard the new LNG-fueled ships affected the company’s profitability in the first quarter of 2019.
Värde Agrees Sale and Leaseback for Landbridge VLCC
Värde Partners signed a VLCC sale and leaseback deal with Hong Kong’s Landbridge VLCC International.
Finnlines Earnings Steady Despite Finnish Trade Growth Slowdown
The RoRo and passenger services operator’s revenue was up for the quarter.
xChange: Ins and Outs of Demurrage and Detention
For most companies and container types, demurrage fees are close to USD 100 per container and per day.
Banks Close USD 175 Mn Financing of Polsteam Ship Portfolio
The funds are intended for a fleet of 34 Polsteam bulkers.
ITF Stages Worldwide Rallies in Support of Australian Seafarers
Seafarers are demanding a strong Australian shipping industry.
Antwerp, Porto do Açu Expand Ties with Inaugural Trans-Atlantic Ship Transit
The first cargo was a gas turbine.