Green Marine
Frontline Eyes Up to USD 100 Mn from ATM Equity Offering
Frontline hires Morgan Stanley to sell up to USD 100 million of its common shares.
Consortium to Test Blockchain in Bunker Industry
Industry majors set up a consortium to address traceability and transparency in the bunker industry by using blockchain.
DSME Gets AiP for Its Smart Ship Solution from LR
DSME received an approval in principle from Lloyd’s Register for its Smart Ship Solution (DS4®).
Maersk Tankers’ Rotor Sail Project Delayed
The installation of wind-powered sails on board Maersk Tankers’ product tanker slightly pushed back.
Safe Bulkers Secures New Loan Refinancing Deals
Safe Bulkers has reached refinancing agreements related to two of its credit facilities.
Update: Aramco Halts Oil Shipments through Bab El-Mandeb after Attack on Bahri’s VLCCs
Saudi Aramco has suspended all oil shipments through Bab El-Mandeb following yesterday’s attack on two VLCCs.
Cargo Ship Priscilla Refloated from Pentland Skerries
Cargo ship MV Priscilla was re-floated on July 25, a week after it grounded on the Pentland Skerries.
New Magenta Vessel Joins Ocean Network Express
Ocean Network Express has taken delivery of a new magenta coloured containership, ONE MINATO.
Concordia Maritime Agrees Two Charter Deals
Concordia Maritime strengthened its position in the crude oil tanker segment with two charter deals.
COSCO Takes Majority Stake in OOCL
COSCO Shipping has taken the helm at OOCL as it acquired a majority stake in the company.
Report: Another Tanker Attacked by Houthis
A Saudi oil tanker has reportedly been attacked by the Houthi movement while underway in the Red Sea.
NGO Platform: 169 Ships Sold to South Asian Beaches
NGO Shipbreaking Platform: From a total of 220 ships that were scrapped in 2Q 2018, 169 vessels hit the South Asian beaches.
COSCO Shipping Lines Falls Victim to Cyber Attack
COSCO Shipping Lines confirmed that it has been hit by a cyber attack.
Korea Okays USD 1.2 Bn Boost for Shipping Support Entity
South Korea approved a KRW 1.35 trillion investment in the recently launched state entity, Korean Ocean Business Corp.