Green Marine
ITF, Maritime Employers Hammer Out Wage Increase for Seafarers
ITF sealed today a new framework agreement for seafarers with the Joint Negotiating Group.
Wärtsilä Wins Maintenance Deal for TMS Cardiff Gas Quartet
Wärtsilä has inked a maintenance deal with TMS Cardiff Gas which includes four TFDE LNG carriers.
Ferry Blast Injures 25 Passengers in Mexico
Twenty-five passengers sustained injuries in an explosion that ripped through a ferry on Wednesday.
Teekay Corp Dives Deeper into the Red
Teekay’s net loss widened in 2017 to USD 151.7 million from USD 123.2 million reported a year earlier.
Pioneer Marine Cuts Full-Year Loss
Pioneer Marine has concluded another year in the red, but reduced loss year-on-year.
Team Tankers Adopts New Security Measures amid Rise in Piracy
Due to increase in piracy incidents, Team Tankers International adopts additional “ship-hardening” measures.
Japanese Car Carriers Reveal Financial Impact of EC Fine
Japanese car carrier trio, K’ Line, NYK and MOL, comment on Europen Commission’s cartel fine.
BIMCO: Around 40 Boxship Giants Set for Delivery in 2018
BIMCO: Around 40 ultra large container vessels are expected to join the fleet in 2018.
NYK Develops Tool to Detect Ship Engine Malfunctions
Nippon Yusen Kabushiki Kaisha develops a tool that collects and visualizes the sound of an engine.
Two More CarVal Capesizes Join GoodBulk
GoodBulk adds two more Capesize ships earlier acquired from funds managed by CarVal Investors.
Pirates Fire Upon Tanker in Gulf of Guinea
Pirates fired upon a crude oil tanker after repeatedly attempting to board the ship off Brass, Nigeria.
Exmar’s Barge-Based FSRU Sailing to Singapore
Exmar’s barge-based FSRU has left the Wison Nantong shipyard and is on its way to Singapore.
KNOT Shuttle Tankers Adds Dropdown Duo, Inks USD 100 Mn Refinancing Deal
KNOT Offshore Partners enters a dropdown deal with Knutsen NYK for two shuttle tankers.
Navios Holdings Cuts Loss, Expands Fleet in 2017
Navios Maritime Holdings managed to shrink its net loss and increase its fleet capacity in 2017.