Green Marine
Danaos recoats seven containerships
Athens-based containership owner and operator Danaos has recoated seven of its managed containerships, with the last two vessels in the series, the 8,463 TEU Phoebe and the 6,500 TEU CMA CGM Moliere, leaving drydock in June. The first vessel in the series, the 13,100 TEU Hyundai Honour, left drydock
Scorpio Bulkers breaks into new market with plans to build $290 million wind turbine installation vessel
Monaco-based bulker owner and operator Scorpio Bulkers Inc. has signed a Letter of Intent with South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering Inc (DSME) to construct a wind turbine installation vessel. The total project cost is expected to be approximately $265-$290 million, sub
Jiangnan Shipbuilding wins order for VLGC trio from AW Shipping
Chinese shipbuilder Jiangnan Shipbuilding has signed a contract with AW Shipping Limited, a joint venture company between the Abu Dhabi National Oil Company (ADNOC) and Wanhua Chemical for the construction of three 86,000 cbm very large gas carriers (VLGC) with LPG dual fuel. As disclosed, the ships
KPI Bridge Oil and OceanConnect Marine wrap up merger
Marine fuel broking firm KPI Bridge Oil and oil trading company OceanConnect Marine have formally completed a merger to create a new brand and entity, KPI OceanConnect. The merger, first announced in February 2020, has secured a full regulatory approval, and creates one of the largest independent ma
A disgruntled armed guard takes control of Eagle Bulk’s ship
An armed security guard, who boarded a bulk carrier owned and operated by Eagle Bulk earlier this month, took control of the ship and deviated it from its course citing a payment dispute with his employer. The armed guard embarked M/V Jaeger together with two of his colleagues on July 21st, 2020, in
EU backs Spanish LNG bunkering projects
Two Spanish LNG bunkering projects have received financial backing to the tune of €27 million ($31.7 million) from the European Commission.
Evergreen Marine Corporation joins ship recycling transparency initiative
Evergreen Marine Corporation (Taiwan) Ltd. has become the eleventh shipowner to publicly disclose its approach to ship recycling through the Ship Recycling Transparency Initiative (SRTI) online platform. The Ship Recycling Transparency Initiative (SRTI) is an independent initiative hosted by the Sus
Report: Crane collapses at Indian shipbuilding yard, 11 dead
At least 11 workers were crushed to death after a huge crane collapsed at an Indian shipyard in Vishakhapatnam, in southern India, the Indian Express reported. The incident took place at the government-owned Hindustan Shipyard Limited on Saturday afternoon, August 1, injuring several other workers a
Norway backs Phase III of IMO-backed project on green ship recycling in Bangladesh
Norway has committed approximately $1.5 million (NOK 14 million) to support improved ship recycling in Bangladesh as part of an IMO-implemented project. The financing paves way for the third phase of the project on Safe and Environmentally Sound Ship Recycling in Bangladesh (SENSREC) launched in 201
UAE opens up for crew changes
The United Arab Emirates (UAE) has resumed crew change activities in all its ports and waters, the Federal Transport Authority said. The measure is being announced as UAE manages to contain the coronavirus pandemic, the impact of which has resulted in an unprecedented humanitarian crisis for seafare
Panama Canal Authority: Optimized routing pivotal in reducing GHG
Route optimization is a critical tool, which could offer the shipping industry an exponential reduction of CO2 and other greenhouse gas (GHG) emissions from ships while ensuring fuel and other types of savings, Panama Canal Authority believes. The argument is being reiterated on the back of recently
TSB Canada: Maintenance-related issues led to MOL Prestige engine room fire
Maintenance-related issues led to the January 2018 engine room fire on board the container vessel MOL Prestige in Haida Gwaii, British Columbia (BC), the Transportation Safety Board of Canada (TSB) determined in its investigation report.
Damen, partners to demonstrate viability of large composite ships
The Realisation and Demonstration of Advanced Material Solutions for Sustainable and Efficient Ships (RAMSSES) project reached a key milestone. Namely, on July 18th Damen Schelde Naval Shipbuilding’s (DSNS) location in Vlissingen-East, the Netherlands, the project’s partners unveiled the recently as
OHT orders two wind turbine installation vessels at CMHI
Norway’s OHT has entered into a binding Heads of Agreement with China Merchants Heavy Industry (CMHI) for the construction of two wind turbine installation vessels, with options for two more units. OHT entered the agreement through its wholly-owned subsidiary, VIND Offshore Installation AS. The vess