Green Marine
Navios Partners Suffers Net Loss in Q1
Navios Maritime Partners, an owner and operator of dry cargo vessels, ended the first quarter of this year with a net loss. The company reported a net loss of USD 9.5 million in Q1 2019, compared to a net income of USD 5.5 million seen in the corresponding period a year earlier. As explained, net [&
DryShips to Buy Newcastlemax from Economou Entity
DryShips is to acquire a Newcastlemax drybulk carrier built in 2017 for USD 50 million.
Two Greek Firms Sentenced for Dumping Oil in Texas Ports
Owner and operator of oil tanker Nicos I.V. sentenced for illegal oil discharges in Texas port waters.
Nauticor to Become Sole Charterer of LNG Bunker Vessel Kairos
Nauticor agreed with KN to take over its share in Blue LNG joint venture with effect from September 30, 2019.
South Africa Concerned over IMO’s STCW Delisting Action
South Africa: IMO’s intentions to delist over 80 countries from its STCW Whitelist raise concerns.
Singapore’s GIC Buys Share in MSC’s Box Terminal Operator
Singapore’s sovereign wealth fund GIC acquired a 10% interest in MSC’s Terminal Investment Limited.
New VLCC with 15-Year Charter Joins Ocean Yield
Ocean Yield takes delivery of a new VLCC with a 15-year bareboat charter to Okeanis Eco Tankers.
CSA 2020: More Than 20 Ports to Allow Open-Loop Scrubber Use
More than 20 ports confirmed they have no intention of banning the use of open-loop scrubbers.
Diana Shipping Inks Charter Deal with Ausca
Diana Shipping secures time charter for its Panamax Arethusa with Ausca Shipping.
Hunter Tankers Secures Short-Term Loan from Apollo Asset
Hunter Tankers may use the facility to partially finance the group’s current newbuilding program.
BIMCO: Rising Capesize Deliveries Imperil Fragile Market Balance
Despite increase in demolition volumes, the market for large dry bulk ships is likely to face continued pressure.
Ocean Yield, Aker Energy Extended FPSO Dhirubhai-1 Charter Option
Ocean Yield and Aker Energy extended the option for long-term charter for the FPSO Dhirubhai-1 by 30 days.
Port of Rotterdam Focusing Blockchain on Logistics and Energy
Rotterdam port identified logistics and energy as areas in which blockchain use would benefit its operations.
Belships Adding Secondhand Supramax to Its Fleet
Belships reached a deal to acquire a 55,866 dwt bulk carrier from Prospero Marine for USD 12 million.