Green Marine
UMAS, EDF: IMO needs to have ‘right rules’ for alternative fuels to truly drive shipping’s decarbonisation
The international shipping industry will fail to tackle its global greenhouse gas (GHG) emissions unless it puts in place rules that truly reflect the climate impact of shipping fuels, a new report finds.
Spanish port in first LNG bunkering
Spanish port of Denia recently hosted its first liquefied natural gas bunkering operation supplying the fuel to Balearia’s ferry. The operation took place last Wednesday at the port located in Spain’s Alicante province, south of Valencia. Balearia’s converted ferry Bahama Mama bunkered the fuel via
Matson names, launches 2nd Kanaloa Class ConRo
Honolulu-based container carrier Matson christened the second of two Kanaloa Class vessels in a ceremony held at the NASSCO shipyard in San Diego, CA on Thursday, July 2, 2020. The new Matsonia is the second of two new ships built for Matson by NASSCO at a total cost of approximately $500 million fo
Carnival: Delivery of North America’s 1st LNG-fueled cruise ship further postponed due to COVID-19
Carnival Cruise Line, part of Carnival Corp., said that delivery of Mardi Gras, North America’s first LNG-powered cruise ship, will be postponed again as a result of challenges posed by the coronavirus pandemic.
Ardmore turns down Hafnia’s acquisition proposal
Tanker owner and operator Ardmore Shipping Corporation has declined an acquisition proposal from Hafnia Limited, saying that the offer substantially undervalued Ardmore. Established ten years ago, Ardmore owns and operates a fleet of MR product and chemical tankers ranging from 25,000 to 50,000 dead
Klaveness Combination Carriers nets green financing for its two newbuilds
Oslo-listed Klaveness Combination Carriers ASA has secured a $60 million green loan for the financing of the seventh and eight CLEANBU vessels with delivery in 2021. The loan is linked to the company’s sustainability perfomance and is being provided by Nordea, acting as coordinator and bookruner, wi
Damen delivers five zero-emission ferries to Arriva
Damen Shipyards Group has delivered five zero-emission ferries to Arriva Denmark in Copenhagen, which is operating the vessels on behalf of Danish public transport agency Movia.
Baleària teams up with Global Ports Holding on new passenger terminal in Valencia
Spanish ferry operator Baleària has submitted a bid for the construction and operation of the new passenger terminal in the Port of Valencia, with the support of cruise terminal operator Global Ports Holding (GPH).
Flex inks new charter deals as LNG fleet count rises
Flex LNG, the shipping company controlled by billionaire John Fredriksen, has secured new charter deals as it prepares to take the delivery of another newbuild vessel. South Korea’s Daewoo Shipbuilding & Marine Engineering will deliver the 173,400-cbm Flex Artemis in August. Following delivery, the
Kleven Verft files for bankruptcy after loan termination
Management of the Norwegian shipbuilder Kleven Verft AS, and its two subsidiaries Kleven Maritime Contracting AS and Kleven Maritime Technology AS, filed for bankruptcy last Friday. The initiation of bankruptcy proceedings comes after local banks decided to terminate a loan agreement, it has been co
Log carrier loses power off New Zealand coast
A Singaporean-registered log carrier has suffered engine failure in the shipping channel at Port of Tauranga between Mauao (Mount Manganui) and Matakana Island, New Zealand.
Maersk to acquire Swedish customs service specialist
A.P. Moller – Maersk has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. The move is aimed at bolstering Maersk’s capabilities as an integrated container logistics company.
Germany suspends Kiel Canal traffic dues to boost waterway’s competitiveness
Germany’s government has taken a decision to waive the Kiel Canal traffic dues until 31 December 2020.
Fire-stricken Höegh Xiamen declared constructive total loss
The 2010-built car carrier Höegh Xiamen, which was hit by a major fire in early June, while in Jacksonville, USA, has been declared a constructive total loss, Ocean Yield, the ship’s owner said. The 12,250 dwt vehicle carrier was employed on a bareboat contract to Höegh Autoliners. “Ocean Yield expe