Green Marine
7 stowaways arrested and escorted from Chise Bulker after vessel docks in Portland
A total of seven individuals, believed to be Albanian nationals, were arrested by Dorset Police and escorted from a commercial vessel, called Chise Bulker, after docking at Portland Port. “We received a call at around 5.40 am on Tuesday 9 February 2021 from the ambulance service in relation to a per
ONE trials sustainable biofuel on containership
Singapore-based container shipping company Ocean Network Express (ONE) has conducted a biofuel trial on the Panamax boxship MOL Experience.
European port workers frustrated by commission’s inaction on pressing matters
European port worker associations are disappointed and frustrated by the inaction of the European Commission on the challenges faced by the port sector due to COVID-19 as well as withdrawal of capacity by major liner companies. The social partners of the European Sectoral Social Dialogue Committee f
Yara Marine back in cold ironing business
Yara Marine Technologies, a Norwegian provider of exhaust gas cleaning systems, has decided to relaunch its shore power business amid increasing demand for onshore power supply systems.
Hyundai Samho wins $216 million deal for containership duo
South Korean shipbuilder Hyundai Samho Heavy Industries has secured an order for the construction of two containerships from an unnamed European shipowner. The containerships are worth KRW 239 billion ($216.1 million) and are slated for delivery in 2023. Further details about the ship design and pot
Skou bets on retrofits with alternative fuels, rules out dramatic ordering
The world’s largest container shipping company Maersk is betting on a large-scale retrofit of its fleet with engines running on alternative fuels rather than planning a dramatic ordering spree to rejuvenate it and make its ships more eco-friendly. During today’s full-year investors’ presentation, Sø
Global Ship Lease grows fleet with Post-Panamax septet
London-based containership charter owner Global Ship Lease (GSL) has agreed to purchase and charter back seven 6,000 TEU Post-Panamax containerships.
MOL, Bearing strengthen ties to develop AI-based routing engine
Japanese shipping major Mitsui O.S.K. Lines (MOL) and California-based AI technology startup Bearing, Inc. have inked an agreement to expand their partnership and bring artificial intelligence (AI) to the shipping industry.
Cyprus calls for a global approach to vaccinating seafarers
The Cyprus Shipping Deputy Ministry (SDM) has formally proposed a global approach to delivering COVID-19 vaccinations to seafarers. In letters to the EU Transport and Health Commissioners and IMO Secretary-General, Cyprus Shipping Deputy Minister, Vassilios Demetriades outlined the two strands of th
MOL names GAIL-chartered LNG newbuild
Japan’s shipping major Mitsui O.S.K. Lines (MOL) named an LNG carrier chartered to Gail, the Indian public sector natural gas company.
HMM posts record operating profit in 2020
Despite the negative effects of COVID-19, South Korea’s national flagship carrier HMM closed 2020 with a significant earnings boost. The shipping company reported an operating profit of $831.1 million in 2020, against a loss of $254 million in 2019. The result recorded in 2020 represents HMM’s highe
Seanergy Maritime says its Capesizes meet 2030 GHG requirements
Athens-based pure-play Capesize vessel owner Seanergy Maritime Holdings Corp. announced that its existing fleet will remain compliant with applicable greenhouse gas (GHG) regulatory requirements until 2030 with no material cost for the company. The conclusion comes on the back of an evaluation of th
Maersk ends year with record quarterly results, expects strong Q1 amid demand surge
A.P. Moller – Maersk, the world’s largest container carrier, has ended 2020 on a strong note despite the impact of COVID-19. The company’s underlying earnings before interest, tax, depreciation and amortisation (EBITDA) grew 44 pct. to $8.2bn and revenue grew to $39.7bn in 2020 compared to $38.9bn i
Maersk sues Glencore over bad bunkers
Danish logistics giant Maersk has filed a lawsuit against commodity trader Glencore Ltd over contaminated bunker fuel supplied to two of its containerships. Based on the court documents filed on Friday, February 5, with the New York District Court, Maersk is seeking compensation worth $6 million for