Green Marine
Hapag-Lloyd raises 2020 forecast amid strong market
German liner company Hapag-Lloyd said the performance of the container shipping market in the third quarter of 2020 was much better than expected pushing up earnings. Based on the preliminary findings, Hapag-Lloyd’s earnings before interest and taxes (EBIT) for the third quarter 2020 significantly i
IMB: Kidnappings in GoG surge by 40% year-on-year
There has been a 40% increase in the number of kidnappings reported in the Gulf of Guinea in the first nine months of 2020, compared with the same period in 2019, the latest figures from ICC International Maritime Bureau (IMB) show. Pirates armed with guns and knives are abducting bigger groups of
Ports remain devoted to sustainability investments despite COVID-19
The coronavirus crisis has not hindered ports’ investments in environmental sustainability, a new survey found.
Rotterdam rolls out ambitious strategy for shore power use
The Dutch Port of Rotterdam and the Municipality of Rotterdam are working together on the joint rollout of shore-based power for sea-going vessels in Rotterdam.
Scorpio sells two more bulkers amid switch to offshore wind
Bulker owner and operator Scorpio Bulkers is pushing forward with the disposal of vessels as part of its strategy to secure a foothold in the offshore wind market. In its latest move, Scorpio inked agreements with an unaffiliated third party to sell SBI Phoenix and SBI Samson, two Ultramax bulk carr
GasLog Georgetown wraps up sea trials
Greece-based LNG shipper GasLog said its LNG newbuild SN2300 has completed sea trials and returned to the yard.
South Africa’s DNG Energy gets LNG bunkering permit
South Africa’s DNG Energy has received final authorization to starts liquefied natural gas (LNG) bunkering in the Port of Coega, in the Eastern Cape.
Norden offloads MR2 tanker acquired last year
Danish shipping company Dampskibsselskabet Norden A/S has wrapped up the sale of product tanker Nord Andes.
Nixon: We are ready to self tax as an industry, but within a uniform standard
Introduction of a carbon levy in the shipping industry must be done in a uniform, transparent and fair manner, Jeremy Nixon, CEO of Ocean Network Express (ONE) believes, reaffirming the industry’s pushback against a regional approach. A carbon levy on bunker fuels is being proposed as a way of colle
Isle of Man Ship Registry to flag new hybrid ferry
A new diesel-electric hybrid ferry being built for the Isle of Man Steam Packet Company will be flagged with the Isle of Man Ship Registry, the Douglas-based registry said.
Avenir takes delivery of its first LNG bunkering vessel
Avenir LNG has taken delivery of its first dual-purpose liquefied natural gas (LNG) bunkering and supply vessel (LBV) Avenir Advantage.
Algoma takes delivery of Croatian-built self-unloading bulker
Canadian shipping company Algoma Central Corporation has taken delivery of the Algoma Intrepid, the second Equinox 650’ class self-unloading dry-bulk carrier.
KNOT’s shuttle tankers to feature battery technology
Two new shuttle tankers being built for Knutsen NYK Offshore Tankers (KNOT) at South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering will be fitted with battery technology to gain fuel efficiency and cut emissions. Namely, DSME has inked a deal with ABB Marine & Ports to deliver the powe
CMA CGM’s LNG-powered giant sets world record
The 23,000 TEU CMA CGM Jacques Saade, the world’s largest LNG-powered containership, has set a world record for the number of full containers loaded on a single vessel.