Green Marine
ONE Expands LSF Surcharge in China
ONE has unveiled a further expansion to the low sulphur fuel surcharge implementation in China.
COSCO Shipping Ports Buys Stake in Peruvian Chancay Terminal
COSCO Shipping Ports acquires 60% stake in Chancay Terminal.
Port of Oakland’s TraPac Wraps Up USD 67 Mn Upgrade
Port of Oakland’s TraPac concluded a USD 67 million waterfront expansion in January 2019.
Updated: Search Suspended for Majesty of the Seas Crewman
USCG ends search for an overboard crew member from the Majesty of the Seas.
Navios Containers Pays USD 52.5 Mn for 10,000 TEU Boxship
Navios Containers acquired a 2011-built containership for USD 52.5 million.
Aderco: Planing for Sulphur Cap Just Over a Month Away
Baiwir sees additives as a continuous and effective solution to the cap and the smart way towards compliance.
NYK Selling 50% of Cruise Business to Anchor Ship Partners
NYK is selling a 50% stake in NYK Cruises to compatriot investment firm, Anchor Ship Partners.
Costamare Invested USD 900 Mn in Fleet Expansion in 2018
During the previous year, Greece-based Costamare invested nearly USD 900 million in strengthening its fleet.
Drewry: 2020 Sulphur Cap Conundrum for Chemical Tankers
IMO fuel deadline in 2020 is creating a dilemma for chemical tanker owners.
EIB Provides Long-Term Loan to ICG for Two New Ferries
EIB is providing EUR 155 million to finance two new Irish Ferries’ ships.
Euronav Returns to Black, Expects Further Freight Rate Recovery
Euronav reported a net profit of USD 0.1 million in the fourth quarter of 2018, tapping into the market recovery.
Lack of Detailed Pilotage Plan Led to Celtica Hav Grounding
MAIB: Cargo vessel Celtica Hav grounded on a stone training wall due to a lack of detailed pilotage plan.
NYK: New Coal Carrier for HEPCO Delivered
On January 23, a new coal carrier that will be operated by NYK was delivered at Oshima Shipbuilding.
Wartsila Reveals Strong Demand for Its Aquarius UV BWMS
Wärtsilä secured 13 contracts for its Aquarius UV Ballast Water Management System in Q4, 2018.