Green Marine
Two More NCL Ships Scrubbing SOx Emissions
Miami-based cruise company Norwegian Cruise Line has completed the retrofitting of a new exhaust gas cleaning system (EGCS) on two of its ships, Norwegian Sun and Norwegian Jade. The new systems are aimed at significantly reducing air emissions and, subsequently, the ships’ environmental footprints,
Study: Slower Steaming Could Cut Emissions by a Third
Greenhouse gas emissions from three ship types – containerships, bulkers and tankers – could be reduced by a third, on average, by reducing their speed, according to a new study that will be presented to the International Maritime Organisation (IMO) next week. The cumulative savings from reducing th
Scorpio Bulkers Secures USD 85.5 Mn Loan for GOGL Ultramaxes
Monaco-based dry bulk shipping company Scorpio Bulkers Inc. has received a commitment for a loan facility of up to USD 85.5 million, the company informed. The commitment was secured from Nordea Bank AB (publ), New York Branch, and Skandinaviska Enskilda Banken AB. Scorpio said that it intends to use
Alphaliner: Was Box Shipping’s Digital Fanfare in Vain?
Although various carriers are intensifying their efforts to digitise some of the transactional parts of their business, it is still unclear if technology will finally transform the container shipping industry, according to Alphaliner. About half of all bookings for container shipments continue to be
COSCO Shipping Holdings’ Shareholders Okay OOIL Takeover
The shareholders of COSCO Shipping Holdings Co. passed special resolutions at the extraordinary general meeting held on October 16, approving the takeover bid of Orient Overseas (International) Limited. The takeover offer was made in July this year when COSCO Shipping Holdings and Shanghai Internati
13 Stowaways Arrive at Algeciras Port in Maersk Containers
A group of 13 stowaways was found hidden in two Maersk containers aboard a vessel which arrived at APM Terminals in Algeciras, Spain from Ghana, Maersk confirmed to World Maritime News. The men spent two weeks inside two open-top containers aboard the Liberia-flagged boxship Panther, which departed
Business Guide to Dutch Maritime Industry Launched
The Maritime Holland magazine team launched the Maritime Holland Business Guide at the Offshore Energy Exhibition & Conference in Amsterdam on October 10. The guide, which is available in both print and online, was developed in cooperation with several Dutch branch organisations. The guide offers th
Report: Security of LNG Supplies Prompting Concern
While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalized and interdependent markets is creating new security challenges, according to the International Energy Agency’s (IEA) latest assessment of global gas security. The report,
Port of Rotterdam Aims to Set Up Multifuel Bunker Station
The Port of Rotterdam has set sights on a new multifuel bunker station for the refueling of LNG and other cleaner fuels. The port authority has signed a letter of intent with PitPoint.LNG, a joint venture formed by PitPoint clean fuels and Primagaz Nederland BV, to investigate the realization of suc
Young Brothers to Inject USD 180 Mn in New Ships
Hawaii’s shipping company Young Brothers Ltd plans to invest up to USD 180 million in new vessels and equipment by the end of 2018. The company, which has undergone a fleet modernization initiative to meet neighbor island cargo needs into the next generation, said it will invest in new vessels and s
Liberian Registry Starts with Cyber Security Training for Crew
The Liberian Registry has launched a Cyber and Ship Security Computer-Based Training (CBT) program as it believes that there is a need for both crew and shore-based staff to receive cyber security training. The program provides an overview of cyber-security issues, including concepts such as malware
Malaviya Seven’s Initial Bid Short of Expectations
The first round of bids for the India-flagged platform support vessel Malaviya Seven was not even close to the amount needed for its crew’s unpaid wages. Irish auctioneering firm Dominic J. Daly & Co. started the auction process on October 17, however, the company soon withdrew the ship as it receiv
Libya Closes Tobruk Port
The Libyan Ministry of Transport has decided to close the Port of Tobruk. As explained, the port will be closed with immediate effect for import and export activities. Shipments from/to Libya will be regularly accepted for the following ports: Al Khums, Benghazi, Misurata and Tripoli. The closure fo
Update: Request for Arrest of Hanjin Group’s Chair Denied
The Seoul District Prosecutor’s Office rejected the request for the arrest of the Chairman of Hanjin Group, Cho Yang-ho, Yonhap news agency reports. The arrest was being sought on the grounds of an alleged breach of trust and misappropriation of funds from Korea Air Lines, part of Hanjin Group. Spec