Green Marine
FSL in Talks to Extend USD 479 Mn Loan
Singapore-based FSL Trust Management has launched negotiations with lenders to extend the maturity of its USD 479.5 million loan by one year. A total of USD 165.6 million remains to be repaid under the facility, which dates back to December 2011. “A majority of the lenders under the syndicated loan
Court Dismisses Final Appeals against Elbe Dredging
The latest appeals against Elbe dredging have been dismissed by the Federal Administrative Court in Leipzig.
The Switch: No Magic Bullet for Sustainable Shipping
The maritime industry needs to piece together individual technologies to create efficient vessels.
Seafarer Evacuated from Sinotrans Bulker off Veldrift
An injured crewman was evacuated from a bulker at anchor offshore of Veldrift, South Africa, on December 18.
IBIA: Port Infrastructure, Attractive Price to Drive LNG Demand
Supply infrastructure at major ports and attractive pricing are to drive demand for LNG as a marine fuel.
Hamburg Towage Trio Fined USD 15 Mn for Cartel Activity
Bundeskartellamt has fined three harbor towage service for cartel activity.
Pen Test Partners: Hacking HSMS Can Sink a Bulk Carrier
Hackers could sink a bulk carrier by manipulating the loading data of its hull stress monitoring systems.
Frontline CEO: More Scrapping Needed to Lift Rates
Frontline CEO expects a pick-up in scrapping of older tankers to lift rates in the second half of 2018.
Update: Mariner that Fell Overboard from Fednav’s Bulker Alive and Well
The seafarer that fell overboard from Fednav’s laker last week is in good health.
EUROGATE to Test Automated Straddle Carrier
EUROGATE plans to test automated straddle carrier technology at EUROGATE Container Terminal Wilhelmshaven.
Essar Shipping Gears Up to Increase Tonnage
Essar Shipping reveals ship investment plans and more in an interview with WMN.
CLIA: Cruise Industry to Keep Growing in 2018
The cruise industry will remain on the positive trajectory in the coming year, CLIA’s new report shows.
BEST Sets Box Volume Record
Hutchison Ports’ Barcelona Europe South Terminal (BEST) handled its one-millionth container move on December 15.
Video: Cabrera Wreck Emerges from the Water
The wreck of Cabrera, which grounded and sank off Greece in late 2016, was removed from the water in October this year.