Green Marine

Denmark: New Initiative Launched to Get More Women on Board
Denmark has presented a new initiative aimed at increasing the share of women in Danish shipping companies.

BNP Paribas, Credit Suisse Join Poseidon Principles
Two more banks have become signatories to the Poseidon Principles.

Autonomous Ship Project Bankrolled by EU
The autonomous-ship project being developed by the Norwegian maritime cluster received around EUR 20.1 million grant.

Containership Hit by ‘Devastating’ Fire off Mozambique
The steerless containership was battling high swells posing a safety risk to its 25 crew members.

Large Vessel Demand Rises as Boxships Queuing for Scrubber Retrofits
More than 100 containerships aggregating 950,000 TEUs were in yards for scrubber retrofits last month.

IMO Secretary-General: Prices for Compliant Fuels Stabilizing
Kitack Lim: Prices for compliant fuels appear to be stabilizing.

Schulte, DEVK Create New Maritime Asset Investment Platform
Schulte Group and DEVK have established Navigo, a maritime asset investment platform for institutional investors.

HMM Sets Sights on 25 Pct Higher Revenue in 2020
HMM roughly anticipates a 25% improvement in its revenue for 2020.

Marubeni, Klaveness Create Giant Panamax Pool Operator
Japan’s Marubeni Corporation and Norwegian dry bulk operator Klaveness are merging Panamax Pool activities.

Port of Rotterdam Points to Rise in LNG Bunkering
Europe’s top bunkering port, the Port of Rotterdam, has seen an increase in LNG bunkering at the port.

DP World Strengthens European Presence with Swissterminal Stake Purchase
DP World will take a 44 percent stake in Swissterminal Holding AG.

Study: New Blends of Marine Fuels Have Higher BC Emissions than HFO
New blends of marine fuels with 0.50% sulphur content can contain a large percentage of aromatic compounds.

Study: Over USD 1 Trillion Needed to Decarbonize Shipping by 2050
At least USD 1 trillion of capital investment is required to halve shipping’s emissions by 2050.

Maersk CEO: EU Antitrust Rules Hurt European Companies’ Competitiveness
Strict competition rules in Europe prevent the creation of EU giants that would compete with US and Chinese rivals.