Green Marine
One Sea Makes Case for Safe, Ethical Autonomous Shipping
The alliance is aiming to create an environment suitable for autonomous ships by 2025.
Wärtsilä Bags RoPax Retrofit Deal
The retrofit will allow the vessel to use LNG as fuel.
Ukraine Starts Accepting Bids for Olvia Port Concession
Ukraine has started accepting tender applications for a concession of the Stevedoring Company Olvia.
Navios Acquisition Repays USD 196.8 Mn of Debt
With sale-and-leaseback, commercial bank debt and cash, the company extended debt maturities through 2027.
MSC’s Messina Acquisition Gets Go-Ahead from Italian Regulator
MSC receives the green light from the Italian Competition Authority to acquire a minority stake in Ignazio Messina.
Two More Sovcomflot Tankers Wrap Up NSR Voyages
Lomonosov Prospect and Mendeleev Prospect crossed the full length of the NSR using only cleaner-burning fuel.
CMA CGM Launches Shipping Trade Finance Services
The import and export financing services range, Shipfin Trade Finance, was set up with invoice finance platform Incomlend.
Maersk Raises 2019 Profit Forecast
The company now expects its EBITDA to be in the range of USD 5.4 to 5.8 billion, up from the previous USD 5 billion.
Port of Rotterdam: Box Volumes Keep Rising
The Port of Rotterdam closed the first three quarters with a slight increase of 1 percent in cargo handling.
EIB: Clean Oceans Initiative off to a Flying Start
The initiative supports projects preventing plastic waste from entering the oceans.
Navios Acquisition Looking to Raise USD 15 Mn
The company would use the funds for general corporate purposes.
IMO Symposium: Ammonia and Hydrogen Are Fuels of the Future
Ammonia and hydrogen are promising potential fuels of the future in a decarbonized shipping industry.
Awilco LNG Secures Sale and Leaseback for WilForce, WilPride
The term sheet for the refinancing of 156,000 cbm WilForce and WilPride has been credit approved.
Epic Gas Refinances 20 Ships with USD 201 Mn Loan
The USD 201 million facility has a five-year term and includes a USD 10 million tranche for future acquisitions.