Green Marine
DryShips to Spin Off Its Gas Carrier Business
Greece-based owner DryShips Inc. is looking to spin off of its gas carrier business, Gas Ships Limited.
Container Shipping Drives Maersk Group’s Earnings
A.P. Møller – Maersk A/S narrowed its loss for 2017 to USD 1.16 billion, from a loss of USD 1.89 billion a year earlier.
Commerzbank Reduces Shipping Loans by USD 2.7 Bn
Germany’s Commerzbank continued with its efforts to dispose of bad shipping loans in 2017.
Ice Traps Russian Ferry Carrying 127 Passengers
Igor Farkhutdinov, carrying 127 passengers and 42 shipping containers, stuck in thick ice off the coast of Japan.
BPA Looking into Key Issues under New Port Futures Project
British Ports Association is looking to examine emerging threats to and opportunities for British ports.
MacGregor Acquires Marine, Offshore Businesses from TTS Group
MacGregor is to acquire marine and offshore businesses from TTS Group.
Guy Platten New Secretary-General of ICS
Guy Platten is to take on the role of Secretary-General at the International Chamber of Shipping (ICS).
DFDS CEO: Europe’s Growth Will Ease Brexit Talks Uncertainties
Smedegaard: Despite the Brexit issue, UK’s economy is still growing, but at a slower pace.
Western Bulk Returns to Profit
Western Bulk made a profit of USD 4.3 million in 2017, recovering from the loss of USD 20.1 million in 2016.
Infographic: UK’s Reliance on Seafarers
The maritime charity Seafarers UK has published a new infographic that shows the UK’s reliance on seafarers.
IMO Head: 2020 Sulfur Cap Done Deal
There is no turning back on the implementation of the 0.50 pct cap of the sulfur content of ships’ fuel oil.
Box Volumes Keep Soaring at HHLA Terminals
HHLA saw an 8.1 percent surge in its container volumes in the 2017 financial year.
Report: Allseas Planing to Build New Crane Vessel Behemoth
Allseas has revealed plans of building the largest construction vessel in the world.
Agility Joins Maersk-IBM on Blockchain Solution
Agility joins Maersk-IBM solution to manage and track container shipments by using blockchain technology.