Green Marine
New TMS Cardiff Gas LNG carrier delivered to Total
Greece-based shipping company TMS Cardiff Gas has taken delivery of a new LNG tanker built by South Korea’s shipbuilder Samsung Heavy Industries. The newest addition to the shipping company’s fleet is the 174,000-cbm Qogir. TMS Cardiff Gas took delivery of the newbuild LNG vessel on June 1. Qogir wa
Sea Intelligence: Carriers to see $9 billion profit in 2020 if they manage to keep current rate levels
Container shipping companies’ fight to maintain freight rates high through capacity management seems to have paid off, beating forecasts on carrier profitability. The liners’ ability to adapt to the new normal through a disciplined approach to the deployment of ships comes as a surprise as dwindling
Entire Maersk Line fleet to get Wilhelmsen SBA ropes
The entire fleet of Danish shipping major Maersk Line is to be equipped with Wilhelmsen’s Timm ropes featuring Snap Back Arrestor (SBA), the Norwegian maritime group said.
MOL shrinking fleet by 40 ships as part of defensive measures in response to COVID-19 crisis
Japanese shipping major Mitsui O.S.K. Lines (MOL) has devised a plan comprising defensive measures the company should take in order to reduce market exposure and reexamine investment activities in response to the coronavirus pandemic’s impact. In order to be able to chart its path forward, MOL had t
Over 20 containers fall overboard near Hilo
Several 40-foot containers fell overboard from a barge near Hilo, Hawaii, on 22 June 2020, the US Coast Guard (USCG) said.
Port of Corpus Christi reports 1st positive COVID-19 case
An employee at Port of Corpus Christi Authority (PCCA), America’s top crude oil exporting port, has tested positive for COVID-19, the port authority announced, adding it expected to identify positive cases as testing for the virus started to ramp up. “The individual works in an office where there ar
Holland Shipyards wins deal for electric ferry duo
Holland Shipyards Group has won a contract for the delivery of two fully electric ferries from Norwegian ferry company Boreal. The vessels are planned to be put into operation on the Abelnes-Andabeløy and Launes-Kvellandstrand routes in the Agder province, Norway. The ferries will measure 49,80 by 1
Excelerate takes delivery of tenth FSRU
US floating LNG player Excelerate Energy has recently taken delivery of its tenth floating storage and regasification unit from South Korea’s Daewoo Shipbuilding and Marine Engineering. Excelerate Sequoia has a storage capacity of 173,400 cubic meters and is capable of operating both as an FSRU and
BV Marine Singapore, PSA Marine carry out remote survey of LNG-dual fuel tug
PSA Marine (Pte) Ltd has partnered up with Bureau Veritas Marine Singapore and Maritime and Port Authority of Singapore (MPA) in a project that involved conducting a remote marine survey for PSA Aspen, an LNG dual-fuel PSA Marine harbour tug. The project marks the first time a harbour tug registered
MSC’s eco-friendly containership sets new world record at Port of LA
Last week, the Port of Los Angeles, MSC Mediterranean Shipping Company, APM Terminals Los Angeles and International Longshore and Warehouse Union (ILWU) workers successfully moved 18,465 containers from the MSC Isabella during a single ship call at APM Terminals’ Pier 400.
APL England cleared to sail to China for repairs
The Singapore-flagged containership APL England, which lost around 50 containers in heavy weather last month off Sydney, has been allowed to set sail from Australia after the ship’s insurer committed to pay $22.5 million needed to cover for fines and response costs incurred by the incident. Prior to
DLBA Naval Architects designs SATV for US offshore wind market
Virginia-based DLBA Naval Architects has developed a concept Service Accommodation and Transfer Vessel (SATV) for the US offshore wind market. The 120’ SATV is conceived as a possible alternative to traditional North Sea crew transfer vessel (CTV) designs, specifically developed for the US market an
Stena Bulk to start offering low-carbon shipping options
Following up on the successful biofuel trial in April, Stena Bulk is to introduce low-carbon shipping options for its clients.
Wisdom Marine looking to raise $63 million for ship acquisitions
Taiwanese shipping company Wisdom Marine has embarked upon a cash-raising mission targeting to collect $63.8 million. Under the proposal, approved by its Board of Directors, the company plans to sell 63,808 shares at $1,000 per share. The company said it intends to use the cash injection to acquire