Green Marine
China’s COSCO Sets Up New Company for Intra-Europe Services
The new company would be better positioned to respond to market needs, COSCO said.
Alcohol Leads to Fatal Fall aboard Cargo Ship, Transport Malta Says
An investigation showed that the high level of alcohol may have impaired the seafarer’s cognition.
Expedition Cruise Operators Agree on Voluntary Arctic HFO Ban
The Association of Arctic Expedition Cruise Operators approves a self-imposed ban on the use of HFO in the Arctic.
HHLA Reports Stronger Earnings in Steadily Changing Conditions
Despite a volatile market, HHLA closed the first 9 months of 2019 with a significant revenue increase.
Nordic Ports Join Forces to Focus on Sustainable Future
The joint declaration shows a regional commitment to collaborate on environmental challenges related to UN’s SDGs.
Drewry: Box Spot Rates Rise amid More Idle Ships, Bunker Surcharges
Drewry’s World Container Index swelled by USD 210 in the past two weeks.
UK Chamber of Shipping: Vessel Speed Reduction Not the Answer to Cutting Emissions
Slow shipping is not the answer to cutting emissions from shipping, the UK Chamber of Shipping pointed out.
TORM to Equip Ten More Ships with Scrubbers
This brings the total number of planned scrubber installations to 44.
Euronav Signs LSFO Deal with Malaysian Port of Linggi
Under a service agreement, Malaysia’s Linggi Port will become Euronav’s low-sulphur marine fuel supply base.
Klaveness Scaling Down Supramax Activity to Focus on Panamax, Post-Panamax Segment
In order to focus on the Panamax and Post-Panamax segment, Klaveness will shrink its activity in the Supramax business.
EIB Provides USD 155 Mn for Port of Piraeus Expansion
The first EUR 100 million tranche of the 20-year loan was signed on November 11.
Maersk’s Søren Toft Leaves, Company Looking for New COO
The responsibilities as Chief Operating Officer will in the interim be taken on by Søren Skou.
MPC Capital Takes Stake in Tanker Specialist Albis
Germany’s MPC Capital buys a strategic stake of 50 percent in compatriot tanker specialist Albis.
Port of Ceuta Carries Out First VLSFO Bunkering
The Spanish port on the Moroccan side of Strait of Gibraltar is ready for IMO 2020.