Green Marine

MOL pledges $9.4 million for damage recovery from Wakashio spill
Japanese shipping major Mitsui O.S.K. Lines (MOL) plans to contribute a total fund of about ¥ 1 billion ($9.4 million) over several years to support the recovery of environmental damage caused by the Wakashio fuel spill in Mauritius. The company, who chartered the ship that ran aground in July and s

Wight Shipyard delivers simultaneously built ferry quartet to Malta
Wight Shipyard Co has achieved a UK first by building four ferries simultaneously at its yard in Cowes, IOW, for a Maltese tour operator.

BIMCO: A look into 2020 fleet growth
BIMCO has released an overview of the three main shipping sectors and their respective fleet growths so far this year taking into account the impact of the COVID-19 and other geopolitical developments on the global trade. Bulkers The dry bulk fleet has seen both deliveries and demolitions rise over

Japanese Coast Guard calls off search for missing livestock carrier
The Japanese Coast Guard has decided to suspend the extensive search for the crew of livestock carrier Gulf Livestock 1, which is believed to have sunk in the East China Sea last week.

Australian terminals facing delays as unionized workers declare protected industrial action
Unionized workers have voted to undertake protected industrial action at Patrick, Hutchinson, and DP World terminals at Brisbane, Freemantle, Sydney, and Melbourne in Australia after negotiations on a new enterprise agreement broke down with the employers. The decision followed the approval from the

End in sight for fairway adjustment project in Hamburg
Port of Hamburg, Germany, has just announced that the fairway adjustment of the Elbe River is on its home stretch. In the final stage this week, the cutter-head suction dredger (CSD) Fernão de Magalhães – owned by Jan De Nul – will do the remaining work on the Elbe river bed. According to the port,

US container ports see imports surge ahead of holiday season
Imports at top US ports surged to unexpectedly high levels this summer and may have hit a new record as the nation’s economy continues to reopen and retailers stock up for the holiday season, according to a new report issued by the National Retail Federation (NRF) and Hackett Associates.

MAN wins 1st order for engines compliant with new Chinese emissions legislation
MAN Energy Solutions has through its Chinese license, CMP, won a series of orders for small-bore, four-stroke engines compliant with the new emission protocols of the Chinese government related to the inland-and-coastal segment. The orders are for MAN 21/31, 27/38 and 23/30H types, which stem in gre

Update: Fire-hit MOL Charisma to dock in Singapore
The Post-Panamax containership MOL Charisma, which experienced fire in one of its cargo holds while sailing off Sri Lanka last week, will return to Singapore to undergo neccessary inspections.

Tianjin Southwest Maritime orders VLEC pair at Jiangnan Shipyard
Tianjin Southwest Maritime has placed an order for the construction of two 98,000 cbm ethane carriers at Chinese Jiangnan Shipyard. The very large ethane carriers (VLEC) are chartered by Zhejiang Satellite Petrochemical (STL) to support anticipated growth in the production output in the second stage

Wärtsilä gets PNE’s LNG bunker barge cargo tanks order
The Finnish technology group Wärtsilä has taken delivery of four LNG cargo tanks from its Chinese supplier.

Decarbonization: Why are partnerships and coalitions so important?
The maritime industry’s mission to clamp down on emissions hasn’t been derailed by the COVID-19 pandemic as many feared could be the case. Obviously, the pandemic has had a major impact on the short-term activities as numerous meetings at the International Maritime Organization (IMO) had to be postp

FSL Trust settles long-standing dispute with TORM
The Board of Directors of FSL Trust Management Pte, as trustee-manager Singapore-based First Ship Lease Trust, said it has successfully settled a legal dispute with Danish shipping company TORM.

d’Amico sells another MR tanker oldie
d’Amico Tankers D.A.C. (Ireland), part of Italian shipping company d’Amico International Shipping (DIS), has signed a memorandum of agreement for the sale of MT High Courage, one of its oldest medium range (MR) vessels.