Green Marine
Expanded Panama Canal Allows More Transits of Propane, HGL
Panama Canal led to more hydrocarbon gas liquids, especially propane, being shipped from US to Asia.
Euronav Reports Profit in First Quarter
Euronav ended the first quarter of 2019 with a net gain of USD 19.5 million.
GSL’s Post-Panamax Pair to Continue Working for ZIM
Global Ship Lease renews charter agreements with ZIM for two Post-Panamax containerships.
Zeaborn Takes Over CPO Tankers
Zeaborn decides to enter tanker ship management business.
Drewry: Boxship Scrapping to Rise Ahead of IMO 2020
Drewry: More containerships are expected to be demolished as IMO 2020 implementation date approaches.
NAPA, ChartWorld Partner Up on AI-Driven Voyage Optimization
NAPA, ChartWorld to provide AI-driven voyage planning and optimization solution.
Ernst Russ to Pursue Further Ship Acquisitions
ER plans to further expand its fleet in the future, following a profitable 2018 financial year.
MOL Swings to Profit in FY 2018
Mitsui O.S.K. Lines reverted to profitability in FY 2018, unlike its partners in the ONE alliance.
Teekay Agrees to Shed Remaining Stake in Teekay Offshore
Teekay is to sell remaining interests in Teekay Offshore Partners to Brookfield for USD 100 million.
AIE Gets Green Light for NSW’s First LNG Terminal
AIE was granted a planning approval for New South Wales’ first liquefied natural gas import terminal.
OOIL Selling Long Beach Terminal for USD 1.78 Bn
OOIL is to sell the Long Beach Container Terminal to Macquarie Infrastructure Partners for USD 1.78 billion.
NYK Posts Red Ink, Changes Its Chairman
NYK Line closed the fiscal year 2018 with a net loss of JPY 44.5 billion (USD 398.3 million).
OOCL’s Revenue, Volumes Continue Growing
OOCL’s revenues grew in the first quarter of 2019, with the largest rise seen in the Trans-Atlantic trade.
Flex LNG Enters Sale-Charterback Deal for LNG Carrier Duo
The vessels in question are the Flex Endeavour and Flex Enterprise.