Green Marine
Ferry Carrying 350 People Stranded off Croatia
SNAV ferry, carrying almost 350 people aboard, has been stranded off the coast of Split, Croatia.
d’Amico Ends Quarter in Red but 2019 Outlook Positive
Although the tanker market improved from last year, d’Amico widened net loss in Q1.
Port of Kiel Opens 1st Onshore Power Supply Plant for Ships
The stay of ships in Kiel becomes a pollution-free one.
European Ports Support Call for Harmonized Action on Scrubbers
ESPO voices support for EU proposal to discuss a harmonized approach on scrubbers at IMO level.
Britannia First P&I Club to Join Maritime Anti-Corruption Network
Britannia will provide the network with input from an insurance sector perspective.
HHLA’s Earnings Up in Q1 2019 Despite Market Headwinds
HHLA made a successful start to the 2019 financial year despite a challenging market environment.
DFDS Buying Ferry Duo to Service New Sweden-Belgium Route
DFDS is to purchase two 2000-built freight ferries for USD 40.5 million to service its new route.
Higher Volumes, Freight Rates Drive Hapag-Lloyd’s Earnings Up
Hapag-Lloyd off to a good start amid higher volumes, better freight rates and a stronger US dollar.
ESL Shipping’s Crane Issues on New Vessels Mainly Fixed
Crane Issues aboard the new LNG-fueled ships affected the company’s profitability in the first quarter of 2019.
Finnlines Earnings Steady Despite Finnish Trade Growth Slowdown
The RoRo and passenger services operator’s revenue was up for the quarter.
xChange: Ins and Outs of Demurrage and Detention
For most companies and container types, demurrage fees are close to USD 100 per container and per day.
Banks Close USD 175 Mn Financing of Polsteam Ship Portfolio
The funds are intended for a fleet of 34 Polsteam bulkers.
Antwerp, Porto do Açu Expand Ties with Inaugural Trans-Atlantic Ship Transit
The first cargo was a gas turbine.
VV: Bulker Values Continue to Slide in 2019
VesselsValue, ViaMar released forecasted asset values until 2022 for four major ship types.