Green Marine
IEA: US to Dominate Global Oil Supply in Next 5 Years
The United States is set to take over the throne as the world’s largest oil producer in the next five years.
Damen Marine Components, Van der Velden Marine Systems Merge
Damen Marine Components and Van der Velden Marine Systems have decided to merge into one company.
Euroseas Reports First Profit Since 2011, Sets Sights on Consolidation
Euroseas returned to profit in the fourth quarter of 2017 for the first time since 2011.
Norden Sees First Positive Result in 5 Years
Norden returned to black in 2017 driven by a strong performance in the fourth quarter of the year.
Germany Gets Its First Female Cruise Ship Captain
The first female captain takes the helm of a cruise ship in Germany.
Global Ship Lease Widens Net Loss
Global Ship Lease widened its net loss for 2017 to USD 77.3 million from USD 68.2 million seen a year earlier.
MSC Madrid Collides with DFDS Ro-Ro Ship
MSC Madrid collided with a Ro-Ro ship Primula Seaways on February 3, off Vlissingen.
Nakilat, Maran Gas Add Two LNG Carriers to Their JV
Nakilat, Maran Ventures expand their joint venture partnership with two additional LNG vessels.
Chainalytics, Drewry to Form Ocean Buying Group for Shippers
Chainalytics and Drewry have partnered to launch an ocean freight procurement solution for shippers.
Putin: Northern Sea Route’s Traffic to Increase Tenfold by 2025
Puting forecasts that the cargo traffic along the Northern Sea Route will increase tenfold by 2025.
Thorco Projects Adds Vessel Trio
Danish shipping company Thorco Projects expands its fleet with three 12,000 dwt tween deckers.
Pilot Dies while Disembarking Ship in Port of Lisbon
A ship pilot in Port of Lisbon has lost his life while he was disembarking from the Singapore Express.
Weak Product Tanker Market Pushes DIS Deeper into the Red
d’Amico International Shipping S.A ended the year in the red amid challenging market conditions.
Global Ship Lease to Expand Fleet with 2005-Built Boxship
Global Ship Lease will acquire a 2,800 TEU boxship to service a time charter with CMA CGM.