Green Marine
Diana Shipping’s 2nd Vessel Sale Falls Through
Both sales were announced back in December 2019.
Clarkson Acquires Spanish Shiproker Martankers
Clarksons has acquired 100% of the issued share capital of Spanish shipbroker Martankers.
Maersk Posts Higher Earnings in 2019, Expects Weak Start of 2020 amid Coronavirus Outbreak
Maersk managed to improve earnings and free cash flow in 2019.
Scorpio Tankers Reaps Fruit of Scrubber Project
Scorpio Tankers’ scrubber fitted ships have been earning more money than those without scrubbers.
GoodBulk Offloads Capesize Duo, Points to Pick Up in Demolitions
Dry bulk vessel owner and operator GoodBulk sold two older Capesize vessels in January 2020.
Excelerate Launches In-House Ship Management Services
Excelerate Energy gets green light to manage its entire FSRU fleet.
Marine Contractors Board Ghost Ship Grounded in Cork
The marine contractor boarded the vessel on February 18 and carried out an initial assessment.
Tomini Shipping Registers on Norwegian OTC
UAE-based ship owner and manager Tomini Shipping has registered on the Norwegian over-the-counter (OTC) market in Oslo.
Hapag-Lloyd Cheers 80 Pct Higher Operating Profit in 2019
Hapag-Lloyd recorded an over 80 pct increase in earnings before interest and taxes for 2019.
Performance Shipping Step Closer to Pure Play Aframax Company
Performance Shipping signs a memorandum of agreement (MoA) to purchase a 2007-built Aframax tanker.
Marshall Islands’ EU White List Status Confirmed by ECOFIN
ECOFIN has moved the Republic of the Marshall Islands (RMI) to the EU white list.
Liners Turn to Surcharges as Reefers Get Diverted amid Plug Shortage at Chinese Ports
Reefer shipments being diverted and relocated amid a shortage of reefer plugs at Chinese ports.
Ystad Gets EIB Loan for Port Expansion
EIB signs a USD 46 million loan agreement to enable the Port of Ystad to accommodate climate-friendly vessels.
Slowing World Trade Impacts Port of Rotterdam Volumes
The Port of Rotterdam’s freight throughput remained flat in 2019, as growth in international trade lost momentum.