Green Marine

Pioneer Marine CEO Steps Down
Torben Janholt, CEO of Pioneer Marine, retiring.

British Ports Seeking Funds to Fight Coronavirus Spread
The British ports industry is requesting further support to prevent coronavirus spreading.

Teekay Returns to Black
The fourth quarter of 2019 marked a return to profitability for Teekay.

Höegh LNG Settles USD 23.7 Mn LNG Boil-Off Dispute with Total
Höegh LNG agrees with Total to settle the boil-off dispute regarding Neptune and Cape Ann.

Costa Favolosa Denied Docking in Virgin Islands over Sick Passengers
Cruise ships are struggling to maintain their itineraries amid fears related to the coronavirus outbreak.

Yamal LNG Ships 30 Million Tons of LNG
Yamal LNG has shipped its thirty millionth ton of LNG since the commencement of the project.

Liners, Terminal Operators to Become Shareholders of Global Shipping Business Network
Nine ocean carriers and terminal operators have signed a shareholders’ agreement.

105 Sailings from Asia to North America and Europe Blanked in February
Carriers canceled 105 sailings from Asia to North America and Europe/Mediterranean.

Frontline Bets on Strong Market Rebound once Coronavirus is Contained
Frontline posted the highest quarterly net income in more than eleven years.

Finnlines Reports Stable Result Despite Lower Volumes
Last year was profitable for Grimaldi’s Finnlines despite a decline in cargo volumes.

Ocean Yield Wins Arbitration Case against Okeanis
Ocean Yield wins arbitration case against Okeanis ECO Tankers.

Witt O’Brien’s Acquires Crisis Communications Group Navigate
Witt O’Brien’s acquires Navigate.

ICS: Coronavirus Costing Shipping Industry USD 350 Mln a Week
Coronavirus outbreak is estimated to be costing the shipping industry USD 350 million a week.

Getting to Zero Coalition Unveils 4 Focus Areas to Support Shipping’s Decarbonization
The Getting to Zero Coalition identifies 4 focus areas to advance roadmap on shipping’s decarbonization.