Green Marine
Blockchain Threatens to Eradicate Trade Intermediaries
Blockchain technology is expected to have a profound impact on trade and transport.
Fleet Expansion Pushes Bahri’s Income Up
Bahri’s net income increased in the second quarter of 2018 due to improved performance and fleet expansion.
All Crew Kidnappings in 2018 Occurred in Gulf of Guinea
IMB report says that all 2018 crew kidnappings have so far occurred in the Gulf of Guinea in 6 separate incidents.
Salvors Remove Fuel, Some Cargo from Grounded Priscilla
HM Coastguard: The preparations to refloat the recently grounded Dutch cargo ship MV Priscilla are progressing well.
Scorpio Tankers Buys Minority Stake in Ecochlor
Scorpio Tankers has agreed to purchase 55 BWTS from Ecochlor and become a minority shareholder in the company.
Diana Containerships Repays Existing Indebtedness in Full
Diana Containerships completed the sale of Post-Panamax boxship and secured a debt-free balance sheet.
HMM Joins NYSHEX
Hyundai Merchant Marine has become the newest carrier member of NYSHEX.
Eagle Bulk Adds Ultramax to Its Fleet
Eagle Bulk Shipping has acquired a 2014-built SDARI-64 Ultramax bulker for USD 21.2 million.
Asian Cruise Market Continues Blooming
2017 was another year of exceptional growth for Asian cruise market.
ATSB: Late Avoiding Action Led to January Collision
Australia released a report into the collision between containership Beijing Bridge and fishing vessel Saxon Onward.
Terminals in Europe, Australia Boost DP World’s Performance in H1
DP World delivers encouraging results driven by performance of container terminals in Europe and Asia.
Scorpio Bulkers Profitable in Second Quarter
Scorpio Bulkers’ net income was at USD 0.8 million in Q2, compared to a net loss of USD 13.4 million seen a year earlier.
Car Carrier Hits Ground off Sweden
The car carrier Makassar Highway ran aground in the Tjust archipelago, Sweden in the morning hours of July 23.
Maersk Tankers Adds Two Members to Its Pool
Maersk Tankers expanded its pool with two new members, namely, the Oslo-based Blystad Group and the Dutch Ace Tankers.