Green Marine

Maersk Secures USD 5 Bn Loans to Reach Green Shipping Targets
Maersk has secured a new sustainability-linked revolving credit facility of USD 5 billion.

Foreship: Scrubber Installation No Longer an Issue of If but of How Fast
An unprecedented surge of inquiries on how scrubbers can be fitted at short notice.

IMO Moves Toward Arctic Heavy Fuel Oil Ban
IMO agreed on the draft amendments to MARPOL Annex I to ban the use and carriage of HFO.

StealthGas Forms New JV to Boost Presence in MGC Segment
StealthGas is to form a new joint venture that would acquire three secondhand midsize gas carriers (MGCs).

Contship Italia’s Terminal Operations Unaffected by Coronavirus Outbreak in Italy
Contship Italia Group announced that its terminal operations are not affected by the rise in coronavirus cases in Italy.

MSC’s 23,000+ TEU Class Ships First to Get DNV GL FCS Notation
DNV GL awards a new class notation to Mediterranean Shipping Company to mitigate fire risks on containerships.

Euronav Sells One of Its Oldest Suezmaxes
Euronav NV has decided to dispose of one of its oldest Suezmax vessels, the 2003-built Finesse.

GTT Acquires Icelandic Smart Shipping Solutions Provider
GTT acquires 100% of the share capital of Marorka, an Iceland-based company specializing in smart shipping.

Piraeus Bank, ORIX Corporation to Provide Financing for Greek Maritime Sector
Piraeus Bank, ORIX Corporation to provide financing solutions to the Greek maritime sector.

TOP Ships’ JV Offloads MR2 Pair
TOP Ships’ JV sells M/T Holmby Hills and M/T Palm Springs.

Diamond Princess Crew Allowed to Return Home as Coronavirus Claims 3rd Life in Japan
Seventy crew members of Diamond Princess infected with the COVID-19 virus.

Readers’ Picks of the Week (February 17-21, 2020)
Here are the most read stories of the previous week.

BIMCO: Coronavirus Comes at the Worst Time for Shipping
The outbreak of the coronavirus comes at one of the worst time for the shipping industry.

IMO Urges Unnecessary Delays to Ships amid Coronavirus Are Prevented
IMO urges member states to undertake measures to prevent unnecessary delays of ships.