Green Marine

Orion’s heavy-lift crane collapses – video
A heavy-lift crane installed on the offshore installation vessel Orion has collapsed while undergoing load tests at the Liebherr construction yard in Rostock, Germany. Several persons reportedly suffered minor injuries in the incident, DEME Group said. The Orion is under construction and is owned by

Ships sound their horns in support of seafarers on Labour Day
Ports around the world are joining today an initiative encouraging ships to sound their horns for 15 seconds at noon as a special tribute to the contributions of seafarers in keeping supply chains robust and maritime trade going amidst the COVID-19 pandemic. The initiative, dubbed the Horns of Hope,

Fjord Shipping opts for GEA BallastMaster marineX
Norwegian company Fjord Shipping has entered into a deal with German technology group GEA to equip one of its vessels with GEA BallastMaster marineX. The ship in question is a small oil and chemical tanker named Key South, built in 2010. The BallastMaster marineX is a product GEA made in partnership

Green Marine, Surfrider join forces on European environmental program
Green Marine and Surfrider Foundation Europe have announced that the Green Marine Europe environmental program is now available to European shipowners.

Glencore hires scrubber-fitted bulker from Seanergy
Capesize shipowner Seanergy Maritime Holdings Corp. has entered into a time charter agreement with commodity trading and mining company Glencore for an additional Capesize vessel.

Heads of agreement reached for IHC takeover
A maritime industry consortium and the existing syndicate of banks of shipbuilder Royal IHC, including the three major Dutch banks, have reached a heads of agreement for the acquisition and refinancing of IHC Merwede Holding B.V.

2020 Bulkers delays delivery of two newbuildings
Norwegian shipowner 2020 Bulkers has pushed the delivery dates for the last two of its scrubber-fitted newbuilding bulkers for the first half of June 2020. The two 208,000 dwt Newcastlemaxes are being built at New Times Shipyard in China and form part of a batch of a total of eight units built at th

ITF: COVID-19 is no excuse to cut seafarers’ wages
At a time when seafarers are keeping the world moving, COVID-19 cannot be used as an excuse to lower the wage and working conditions of seafarers, the International Transport Workers’ Federation (ITF) said.

Stena Bulk’s MR tanker wraps up biofuel trial
Stena Bulk’s MR tanker Stena immortal has concluded the biofuel trial launched in March in cooperation with the Dutch biofuel supplier GoodFuels. During the ten-day trial, the bio fuel oil (BFO) was tested in the ship’s tanks, storage and it was burned in the engines. The fuel is the MR1-100 bio-fue

Hapag-Lloyd puts ordering of mega boxships on the back burner
German liner giant Hapag-Lloyd is postponing the decision on the ordering of new ultra-large containerships until further notice due to the ongoing market uncertainty caused by the coronavirus pandemic. The container shipping major revealed its intention to order new ships back in January this year,

UNCTAD unveils ten-point action plan to save international trade
The United Nations Conference on Trade and Development (UNCTAD) has introduced a ten-point action plan to help industries involved in the movement of goods keep free-flowing trade afloat during the COVID-19 crisis and its aftermath.

IMO, WCO, UNECE and ISO partner up to support maritime digitalisation
A new partnership between IMO, WCO, UNECE and ISO has been signed to support the increased maritime digitalisation.

Meyer Turku in talks to lay off 450 workers
Finnish shipbuilder Meyer Turku shipyard has launched talks with its employees on the layoff of 450 people as a result of the coronavirus crisis on the yard’s operations. The company said the temporary layoffs would differ in length and that additional 900 people would be affected by other types of

Norwegian Cruise Line targets half a billion worth of cost cuts
On the heels of a significant economic blow from the suspension of global cruises due to the COVID-19 pandemic, Norwegian Cruise Line Holdings has had to launch a serious cost-cutting mission to stay afloat. In its latest business update, the cruise line company said that it was targeting a $515 mil