Green Marine
Scorpio Tankers bolsters liquidity, defers scrubber projects on 19 tankers
Monaco-based tanker owner and operator Scorpio Tankers has secured additional liquidity having received new loan commitments for debt repayment. The company said it had received a commitment for a new credit facility for up to $225 million. The loan, still to be finalized, is expected to consist of
CMA CGM receives Sub-Panamax newbuild
French container shipping major CMA CGM has taken delivery of CMA CGM Sinnamary, a Sub-Panamax newbuild vessel.
Norden had its best first quarter since 2015
Although the first quarter of this year was characterised by weak spot rates in dry cargo and strong spot rates in tankers, Danish shipping company Dampskibsselskabet Norden A/S delivered an adjusted result of $29 million, compared to $7 million seen in Q1 2019.
DHT Holdings delays scrubber installations amid strong market
Crude oil tanker company DHT Holdings has postponed the installation of scrubbers on five of its ships, leaving the ships to trade for a while longer and reap fruit from a strong tanker market. The company currently has 13 ships fitted with scrubbers out of the planned 18 very large crude carriers s
HHLA receives two more mega-ship cranes
Two new container gantry cranes arrived at the HHLA Container Terminal Burchardkai (CTB) on 4 May, providing the terminal operator with additional capacities for handling 24,000 TEU+ ultra large container vessels (ULCVs).
SMM Hamburg postponed to February 2021
SMM Hamburg, the world’s largest international shipbuilding and marine industry fair, which usually takes place in September has been rescheduled due to the coronavirus pandemic measures still in place. “Looking at the restrictions on major events as well as the international travel bans due to the
Germany seizes half a tonne of cocaine on bulker at Port of Hamburg
Customs officers have found around 500 kilograms of cocaine on board a bulker that recently arrived in the Port of Hamburg.
Survey: Seafarers feel trapped and unprotected during the COVID-19 pandemic
Limited shore leave, growing workload, and extended time at sea are taking their toll on the seafarers’ health and wellbeing during the pandemic, according to the latest survey published by the Mission to Seafarers. “The report has revealed that seafarer happiness is lower, with clear concerns about
European ports hit the hardest by blanking of sailings
The staggering volume of blank sailings announced by ocean carriers in response to dwindling demand caused by the COVID-19 pandemic is having a ripple effect on global ports. The impact of the trend has been relatively limited in the first quarter of the year, however, concerns have already been rai
New EU Transport Strategy: Ports suggest two-step approach
The European Sea Ports Organisation (ESPO) has proposed a two-step approach to the new EU Transport Strategy amid the coronavirus pandemic.
Salvors remove all cargo from grounded MV Kaami
On 30 April, salvors successfully offloaded the last recoverable cargo material from MV Kaami, a cargo vessel that ran aground in the Minch between Skye and Lewis, Scotland, in late March.
150,000 seafarers in need of crew change
150,000 seafarers will be in need of crew change by May 15, according to the latest data compiled by the International Chamber of Shipping (ICS) and the International Maritime Employers’ Council (IMEC). This number is up by 50% from 100,000 when ICS first highlighted the problem with national govern
MAN engines to power next-gen offshore installation vessel
China Merchant Heavy Industry (CMHI) has ordered 6 × MAN 12V32/44CR main engines for Jan De Nul’s 5,000-tonne floating installation crane vessel Les Alizés. Les Alizés will be built at CMHI’s shipyard in Jiangsu province, eastern China, and is scheduled for delivery in 2022. Lex Nijsen, Head of Four
d’Amico, Glencore JV offloads MR tanker
d’Amico International Shipping S.A. (DIS) said that its joint venture with Glencore Group has decided to sell a medium range (MR) tanker.