Green Marine
Denmark Nears New Ship Routes in Skagerrak, Kattegat
Danish Maritime Authority has received an approval for its new ships’ routeing measures proposal.
Remaking of Maersk Will Take 3-5 Years
The transformation of Maersk from a conglomerate to an integrated global container logistics company to take 3-5 years.
India, Iran Ink Short-Term Lease for Part of Chabahar Port
India has signed a short-term lease with Iran to operate Shahid Beheshti Port, part of Chabahar Port.
Greek Parliament Gives Nod to Thessaloniki Port Sale
The Greek Parliament has ratified the concession contract for the privatization of the Port of Thessaloniki.
PIL, PSA, IBM Conclude Blockchain Trial from Chongqing to Singapore
PIL, PSA and IBM Singapore perform a blockchain-based supply chain platform trial.
DP World Takes Djibouti to Court over ‘Illegal Seizure of Control’ of Doraleh Port
DP World has launched new arbitration proceedings in London against the Government of Djibouti.
Diana Shipping Widens Loss as Revenue Rises
Dry bulk owner Diana Shipping fell deeper into loss during 2017, while its revenue was on the rise.
StealthGas Starts Year with Several Charter Contracts
StealthGas has signed a number of time charter agreements as it improved its earnings in 2017.
Scotland Funds Study on Wind-to-Hydrogen Ferry Service
Scotland grants funding for a feasibility study into developing a hydrogen-powered ferry service.
Djibouti Bins DP World’s DCT Concession Deal
Djibouti terminated the concession contract with DP World for the operation of the Doraleh Container Terminal.
Teekay LNG Partners Sells Interest in Excelsior FSRU
Teekay LNG Partners has sold its 50 percent interest in Excelsior FSRU to gas shipping company Excelerate Energy.
NCL Beats Full Year Earnings Expectations
Norwegian Cruise Line saw record earnings in 2017, mainly due to robust revenue growth.
Damage to Kiel Canal Lock Worse than Expected
The extent of the damage to the southern lock-gate at Kiel-Holtenau is worse than originally anticipated.
Cido Shipping Named as Seller of 10-Strong Fleet to MPCC
Cido Shipping has emerged as seller of ten boxships to MPC Container Ships in November 2017.