Green Marine
Lundqvist Rederierna orders LNG-powered Aframax
Finnish shipping company Lundqvist Rederierna has ordered a liquefied natural gas-powered Aframax tanker from Japan’s Sumitomo Heavy Industries. The 112,000-deadweight-tonnage ship is scheduled for delivery by January 2022, according to Lundqvist Rederierna. Lundqvist Rederierna did not reveal the p
Wärtsilä wins deal to install route exchange on 50 tankers
Finnish technology company Wärtsilä has won a contract to update ECDIS on board 50 tankers that frequently sail in the Baltic Sea.
Baleària’s earnings rise in 2019
Spanish shipping company Baleària wrapped up 2019 with turnover and EBITDA growth of 19 per cent.
Monjasa reaps fruit from IMO 2020 preparations
Danish bunker company Monjasa reported an improved business performance on the back of the sulphur cap regulation that entered into force on January 1, 2020, marking a global transition of ships to cleaner fuels. The company said that its volumes were up by 10 per cent reaching 4.5 million metric to
Houlder takes part in marine carbon capture study
Houlder, a London-based design & engineering consultancy for the marine, energy and defence markets, has commenced work in partnership with PMW Technology on a study to evaluate the potential marine applications of carbon capture technology. PMW Technology is among the latest organisations to receiv
UK: One third of cargo removed from grounded Kaami
Around one third of cargo is estimated to have been removed from the grounded Norwegian ship Kaami off the coast of Scotland.
Euronav disposes of Suezmax veteran
Belgian tanker shipping company Euronav has sold the eldest vessel in its fleet, the 2001-built Suezmax Cap Diamant for USD 20.8 million. The tanker owner and operator said that the capital gain on the sale of approximately USD 13 million will be recorded during the current quarter. The vessel has b
Choppy waters ahead for multipurpose and heavy-lift shipping
Multipurpose and heavy-lift shipping is facing numerous uncertainties and is most likely to see a stagnation over the coming period, according to the UK-based consultancy Drewry. The market outlook is heavily reliant on the timing of the global economic recovery from the impact of the COVID-19 pande
MSC resolves network outage
Swiss-based container shipping major Mediterranean Shipping Company (MSC) has resolved its network outage issue which has kept some of the company’s digital tools down for five days. The company said that all internal systems were fully functional and that all its booking options and the website msc
Stena offering its ferry to serve as a hospital ship
RoRo & RoPax tonnage provider Stena RoRo has reached out to authorities in Sweden, Norway, Denmark, and Germany offering its vessel Stena Saga to be used as a hospital ship. The large vehicle and passenger vessel was transferred by Stena Line to its sister company Stena RoRO following the closure of
World’s 1st methanol-powered commercial ship celebrates 5th birthday
Wärtsilä, Stena Line, and Methanex marked five years of the successful operation of the methanol-fuelled ferry Stena Germanica.
Port of Rotterdam: Industrial sector further cuts carbon footprint
The Port of Rotterdam is another step closer to becoming a carbon-neutral port in the future.
Port of Antwerp sees volume growth in Q1 despite coronavirus
The Port of Antwerp finished the first quarter of this year with a total freight volume growth of 4 per cent year over year.
Delivery of Crystal’s new polar-class expedition ship delayed due to shipyard closure
Crystal Expedition Cruises postpones the launch of its polar-class expedition ship, Crystal Endeavor, due to shipyard shutdown.