Green Marine
Grimaldi welcomes hybrid RoRo newbuild
Italian Grimaldi Group started 2021 with the delivery of Eco Barcelona, the second of twelve hybrid Grimaldi Green 5th Generation (GG5G) class vessels.
Port of Ashdod orders STS cranes
The Port of Ashdod has entered into an agreement to purchase five new advanced ship to shore container (STS) cranes for a total cost of ILS 240 million (approximately $ 74 million). The announcement comes after extensive negotiations with China’s Shanghai Zhenhua Heavy Industries Co (ZPMC). The Ashd
Chairman: Hyundai Heavy-DSME merger to be finalized in H1 2021
South Korea’s shipbuilding giant Hyundai Heavy Industries Holdings (HHIH) expects to complete the acquisition of smaller rival Daewoo Shipbuilding & Marine Engineering (DSME) by the end of the first half of 2021.
Singapore gets its 1st LNG bunkering vessel
Keppel Offshore & Marine Ltd (Keppel O&M) has delivered Singapore’s first liquefied natural gas (LNG) bunkering vessel, FueLNG Bellina, to FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum. Built in Keppel O&M’s Nantong shipyard, FueLNG Bellina is the second LNG bu
Minerva takes delivery of LNG newbuild from DSME
The Greek shipping company Minerva, led by Andreas Martinos, has taken delivery of its LNG carrier newbuild, the Minerva Psara.
Stena Line’s new eco-friendly RoPax makes Belfast debut
Stena Line’s newest addition to its fleet, the brand-new roll-on/roll-off passenger (RoPax) vessel Stena Embla has arrived in Belfast.
CSSC Shipping pens sale and leaseback deal for Kamsarmax newbuilding quartet
CSSC (Hong Kong) Shipping Company Limited, a leasing company of China State Shipbuilding Corporation, and Minjun Shipping, wholly-owned by China Minsheng, have entered into a $133 million sale and leaseback deal for four 85,000-DWT bulk carriers. The agreement includes an estimated lease interest of
Evergreen Marine in talks to sell and leaseback 24,000 TEU pair
Taiwanese container shipping company Evergreen Marine has launched negotiations with an unnamed counterparty to sell and leaseback two 24,000 TEU containerships. As disclosed, the deal would be carried out through Evergreen’s subsidiary Greencompass Marine S.A. (GMS). “We will make further disclosur
Singapore: Tighter measures for shore-based maritime workers after 2 positive COVID-19 cases
The Maritime and Port Authority of Singapore (MPA) has decided to tighten the testing regime for all shore-based personnel going onboard vessels.
K Line’s 1st LNG-powered car carrier set for delivery this year
Japanese shipping major Kawasaki Kisen Kaisha (K Line) expects its first LNG-powered vessel to be delivered this year as the company increases focus on utilizing LNG as fuel. The LNG-fuelled car carrier was launched at Tadotsu Shipyard, part of Imabari Shipbuilding Group, in July 2020, shortly after
Genting Hong Kong scraps sale and leaseback deal for Crystal Endeavor
Cruise operator Genting Hong Kong has terminated the agreement with SNC Endeavor Leasing for the sale and leaseback of the cruise ship vessel Crystal Endeavor being built by MV Werften Wismar GmbH. The consideration payable by SNC Endeavor Leasing, an investment company owned by Crédit Agricole grou
STI to extend concession, invest over $44m in Port of San Antonio
Chilean port operator San Antonio Terminal Internacional (STI) has concluded negotiations and agreed on a new investment plan with Puerto San Antonio (Port of San Antonio) that, once complete, will extend the concession for five more years.
Fincantieri gets one-month extension for Chantiers de l’Atlantique takeover
Italian shipbuilding major Fincantieri has received a one-month extension for its planned acquisition of the French counterpart Chantiers de l’Atlantique, Reuters reported citing a statement from the French Ministry of Finance. According to the report, Fincantieri accepted the offer. The proposal is
Castor Maritime secures financing for bulker duo
Cyprus-based bulker owner Castor Marine has won financing for two of its dry bulkers worth $15 million from an unnamed European financial institution. The company also received a notification letter from the Nasdaq Stock Market granting the company an additional 180-day extension, or until June 28,