Green Marine
Drewry: Higher BAF Charges to Arrive ahead of IMO 2020
Shippers and forwarders are starting to help carriers cover the additional cost of the cleaner, low-sulphur fuel.
Okeanis Eco Tanker Earnings Hit by Scrubber Refits
The company is looking forward to a strong fourth quarter, however.
2020 Bulkers, Koch Extend Charters for Two Ships
The company’s Bulk Santiago and Bulk Seoul will continue working for Koch for another 11-13 months.
Maersk’s Operating Results Up despite Lower Container Demand
The company delivered strong free cash flow and a return on invested capital of 6.4%, according to Maersk CEO.
GasLog Raises USD 98.4 Mn through Senior Unsecured Bonds
Net proceeds from the bonds will be used for general corporate purposes and prepayment of debt.
GoodFuels, BTG to Support Shipping’s Low Carbon Fuels Demand through Bio-Refinery
The parties would invest in a bio-refinery to produce an advanced marine biofuel based on pyrolysis oil.
Cargill Extends Charter for Diana’s Bulker
Diana Shipping has extended a time charter contract with Cargill International for Medusa.
Consortium Involving Brittany Ferries Buys Condor Ferries
Macquarie Infrastructure and Real Assets sold its 100% interest in Condor Ferries.
Arista Shipping Embarks on Smart Shipping Journey with ABS
The deal is seen as the first step for Arista along the road to smart shipping operations.
d’Amico Shrinks Loss, Bullish on Tanker Market Recovery
Better market conditions and cost efficiencies helped DIS narrow its net loss in the third quarter of 2019.
IMO’s GreenVoyage-2050 Project Gets USD 4.3 Mn Boost from Norway
Norway provides an additional NOK 40 million (USD 4.3. million) to the IMO-Norway GreenVoyage-2050 project.
Higher Volumes, Better Rates Push Hapag-Lloyd’s Earnings Up
For the first nine months of 2019, Hapag-Lloyd’s net result jumped to EUR 297 million from EUR 13 million a year earlier.
AG&P Invests in Kanfer Shipping to Make LNG More Accessible
The parties would offer LNG supply, transportation, floating storage, and LNG shipping for downstream distribution.
Gasum Acquires Linde’s LNG-Related Businesses
Gasum is to acquire AGA’s Clean Energy and Nauticor’s Marine Bunkering businesses from Linde AG.