Green Marine
Costamare Finds Work for Ten Vessels in Q1
Costamare chartered out a total of ten vessels in Q1 2019, benefiting from increases in Post-Panamax rates.
Nixon: Consolidation in Container Shipping Getting More Challenging
Further consolidation in the sector through mergers and acquisitions getting trickier.
US Will Not Issue Further Waivers for Iran Oil Imports
US would not extended further waivers on Iranian oil imports after May 2.
Wallenius, Swedish Orient Line Create New Shipping Company
The new shipping company will service the region around the Baltic Sea.
Nakilat Grows Profit by 9 Pct in First Quarter
Nakilat’s net profit increased to QAR 236 million during the first quarter of 2019.
Australian Gov’t Cancels Funds for Newcastle Cruise Terminal
The Australian government withdraws funding for the new cruise terminal project in Newcastle.
North Carolina Ports Welcomes Its Largest Boxship
North Carolina Ports has hosted its first-ever 12,000 TEU vessel in the Port of Wilmington.
Danish Start-Up Eyes Fleet Expansion in 2019
Newly formed Cornerstone Maritime plans to acquire more tonnage as it takes over its first tanker.
Summit LNG FSRU Reaches Bangladesh
Summit LNG, Bangladesh’s 2nd FSRU, arrived in the Bay of Bengal.
MOL Turns to Augmented Reality for VLCC Navigation Systems
The system was previously tested on two MOL vessels.
Bahri Expands Reach in Asia-Pacific
Bahri reveals plans to expand its market presence in the Asia-Pacific (APAC) region.
MCT Starts Port Upgrades Ahead of Expected Volume Rise
Mindanao Container Terminal unveiled plans for improvements and upgrades at its port terminal.
Spirit of Vancouver Island Returns to Service after LNG Conversion
BC Ferries expects to cut CO2 emissions by 12,500 tonnes per year with Spirit-class conversions.
Stellar Daisy Sank due to “Catastrophic Structural Failure” of Its Hull
A catastrophic structural failure of the ship’s hull was the likely cause for the loss of Stellar Daisy in March 2017.