Green Marine
IMO Head: 2020 Sulfur Cap Done Deal
There is no turning back on the implementation of the 0.50 pct cap of the sulfur content of ships’ fuel oil.
Box Volumes Keep Soaring at HHLA Terminals
HHLA saw an 8.1 percent surge in its container volumes in the 2017 financial year.
Report: Allseas Planing to Build New Crane Vessel Behemoth
Allseas has revealed plans of building the largest construction vessel in the world.
Agility Joins Maersk-IBM on Blockchain Solution
Agility joins Maersk-IBM solution to manage and track container shipments by using blockchain technology.
Navios Acquisition Nears Debt Refinancing on Four Tankers
Navios Acquisition is in advanced discussions for re-financing its credit facility of four product tankers.
CMPort to Buy 50 Pct Stake in Newcastle Port
CMPort plans to acquire a 50% stake in Australian Port of Newcastle for AUD 607.5 million (USD 477.7 million).
Ardmore Swings to Full-Year Loss
Ardmore Shipping Corporation books a net loss of USD 12.5 million for 2017.
Wessels Reederei to Manage RMS Fleet
Rhenus Maritime Services (RMS) and Wessels Reederei decide to cooperate in ship management.
Study: Cleaner Ship Fuels to Benefit Health, but Affect Climate
Cleaner marine fuels will result in health benefits on a global scale, but more stringent standards may be needed.
DHT: Tanker Market Hit from Both Sides
Tanker transportation is hit by inventory drawdowns and deliveries of newbuildings.
Port of NY & NJ Sees Record Volumes in 2017
Port of NY & NJ reported record volumes in 2017, surpassing the previous annual record by 5.3 percent.
Precious Shipping Earns First Quarterly Profit Since 2014
The company said that it had earned USD 3.32 million of net profit in the quarter.
Number of Norway-Flagged Ships Highest in a Decade
Norway has seen a record number of vessels in the Norwegian International Ship Register since 2008.
Gothia Tanker Alliance Lays Keel for 4th LNG-Fueled Tanker
China’s shipbuilder lays keel for the fourth LNG-fueled tanker being built for Gothia Tanker Alliance.