Green Marine
Fincantieri to help develop a repair yard in Yucatán State, Mexico
Italian shipbuilding heavyweight Fincantieri has signed a letter of intent (LoI) with the Ministry of Economic Development and Labour of the Yucatán State (Mexico) to design and construct a new ship repair yard. Under the agreement, Fincantieri will be granted a 40-year concession for the exclusive
Study calls for ban and phasing out of scrubbers to protect the oceans
A study commissioned by the Canadian Government is recommending individual governments, including Canada, to take unilateral action to restrict or prohibit scrubber discharges from both open-loop and closed-loop systems. The report, released by the International Council on Clean Transportation, clai
OSG nets $49.1 million loan
NYSE-listed tanker owner and operator Overseas Shipholding Group has closed a $49.1 million loan to finance a newbuild oil and chemical ATB barge. OSG’s subsidiaries, OSG 205 LLC and OSG Courageous II LLC, will use the loan to refinance the tug to which the barge is being paired, the OSG Courageous.
Contract awarded for Ravenna Port Hub development
A major contract for the construction of Italy’s Ravenna Port Hub has been awarded to a consortium including DEME’s subsidiary Dredging International and Italian construction company Consorzio Stabile Grandi Lavori.
Uniper Energy DMCC, Neutral Fuels to offer maritime biofuel in Fujairah
Uniper Energy DMCC (UED), a supplier of very low sulphur fuel oil (VLSFO), and Neutral Fuels, a pioneer of net zero biofuels in the UAE, have teamed up to provide maritime biofuel in Fujairah, UAE. The two companies plan to blend UED’s VLSFO and Neutral Fuels biofuel, creating a maritime fuel that m
Endesa lines up €34.5 mln LNG bunkering investment
Spanish utility Endesa is aiming to invest up to €34.5 million ($41million) in an LNG bunkering facility in the port of Los Barrios, in Algeciras Bay.
Port of Prince Rupert gets top marks for environmental performance
Canadian Prince Rupert Port Authority (PRPA) is once again one of the highest environmental performers in North America, significantly exceeding jurisdictional regulations, Green Marine determined.
Watch Damen convert Eidsvaag Opal into a fish feed carrier
Dutch Damen Shipyards Group has recently completed a conversion project for Norwegian company Eidsvaag. Following a tender procedure, Damen Shiprepair Amsterdam (DSAm) converted a former platform supply vessel into a fish feed carrier, named Eidsvaag Opal. Amongst other things, Damen was required to
Germany: 2019-built containership allides with lock wall
A Cyprus-flagged containership has rammed into the Big South Lock in Brunsbüttel, Germany.
RightShip: New portal helps ports better understand ship-based emissions
Maritime risk management organization RightShip and the Australian Marine Environment Protection Association (AUSMEPA) have developed a Maritime Emissions Portal (MEP) that will provide emissions inventory data to ports around the world. The product has been tested with the Pilbara Ports Authority.
Boxship runs aground after hitting another grounded vessel off Indonesia
A containership identified as Cyprus-registered Tina I ran aground in the Singapore Strait on Sunday, November 22 after hitting an Iranian vessel grounded in the area since May. The 2004-built Tina I rammed into the stern of the 2008-built Shahraz, a boxship controlled by Islamic Republic of Iran Sh
TEN rejuvenates fleet, keeps steady profit as it pins hopes on market normalization
Greek tanker heavyweight Tsakos Energy Navigation (TEN) has kept a steady course during the rollercoaster year of 2020, having delivered strong business results while pushing forward with fleet modernization plans. TEN’s net income for the three-month period that ended on September 30, 2020 reached
Shipbreaking cartel in Bangladesh comes to an end
After exactly two months in operation, the shipbreaking cartel in Bangladesh has collapsed because it failed to secure enough tonnage, GMS, the world’s largest cash buyer of ships for recycling, said.
Monjasa bolsters capacity in the Middle East
Danish bunker company Monjasa has acquired an oil and chemical tanker from Golden-Agri Stena to support the increasing demand for its fuel solutions. The 9,600-dwt vessel, formerly known as GS Adventure, has been renamed Monjasa Server and is set to start cargo and bunkering operations in the Arabia