Green Marine
Boxship, bulker aground in Singapore Strait
An Iranian-registered container ship Shahraz and Indonesian-registered bulk carrier Samudra Sakti I ran aground at Batu Berhanti within Indonesian territorial waters on Monday, May 11. The ships ran aground in close proximity, which could indicate that the vessels were either trying to avoid a poten
Vision of Teus van Beek: Moving towards a cleaner future and a sustainable society
The company Wärtsilä means business when it comes to sustainable solutions. “We are taking a pioneering role when it comes to sustainability. But we cannot do it alone. The whole logistic chain needs to be involved. Only together we can make a real impact.” Teus van Beek is General Manager Ecosystem
Scorpio Bulkers delays scrubber installation on 13 ships
Monaco-based dry bulk shipping company Scorpio Bulkers has decided to postpone the installation of exhaust gas cleaning systems on thirteen of its vessels until at least 2021 as part of its cost-cutting measures. The bulk carrier owner said that the move is expected to delay the payment of between $
MacGregor equipment for new Edda Wind offshore wind service vessels
Cargotec’s MacGregor has received orders to provide equipment to four offshore wind service vessels for Edda Wind, Østensjø Group’s offshore wind business unit. Two of the equipment packages were awarded by the Spanish Astilleros Gondán, who is building the zero-emission prepared commissioning servi
CMA CGM obtains € 1.05 billion loan
French container shipping major CMA CGM has secured a €1.05 billion ($1.1. billion) syndicated loan, the company announced. As disclosed, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Société Générale and it would be 70% percent guaranteed by the French Government.
COVID-19 agony: 2 more cruise ship crew members die while awaiting repatriation
Two more cruise ship workers died as crewing crisis continues in the global shipping industry, the International Transport Workers’ Federation said.
Wärtsilä to boost fuel efficiency for KOTC’s VLCC quartet
The technology group Wärtsilä has been contracted by Kuwait Oil Tanker Company (KOTC), a subsidiary of Kuwait Petroleum Company (KPC), to retrofit main engines on four very large carriers (VLCCs) with the Wärtsilä Fuel Efficiency Boost solution. Wärtsilä said that the modification will reduce fuel c
Navis survey points to growing importance of remote operations
Being able to conduct port operations remotely has surfaced as one of the key issues for terminal operators in the wake of changing business environments and challenges to business operations posed by the COVID-19 pandemic, a survey conducted by Navis, a Cargotec company, shows. Navis said that it h
Thun Tankers orders 2nd ‘Not Always Afloat But Safely Aground’ ship
Shipping company Thun Tankers has placed an order for another ‘Not Always Afloat But Safely Aground’ (NAABSA) product tanker that will be able to call tidally restricted niche ports.
Maersk braces for 20-25% volume decrease in Q2 amid COVID-19 uncertainties
Copenhagen-based shipping major A.P. Moller-Maersk has emerged strongly from the first quarter of 2020, having reported an underlying profit of $197 million from continuing operations. The results are being reported despite a strong impact of the COVID-19 which started to be felt in February amid ex
Corvus Energy to power Nordlaks hybrid fish carrier
Corvus Energy has won a contract from BMA Technology in Turkey to supply its lithium-ion battery-based energy storage system for a new Nordlaks fish carrier. This is the second live-fish carrier in a series of two being built at Tersan Shipyard in Turkey for Norwegian salmon and trout producer, Nord
UK asked to exempt 200,000 seafarers, maritime workers from quarantine restrictions
The UK Chamber of Shipping — the voice of the country’s shipping industry — has urged the UK government to exempt seafarers and maritime workers from any quarantine restrictions planned to be imposed.
Tallink secures govt approval for €100 million loan
Estonian ferry company AS Tallink Grupp has secured clearance from the government on the terms of a loan worth up to € 100 million ($108 million). The 3-year government loan is expected to help mitigate the economic pressures the company has been experiencing as a result of the COVID-19 impact on th
COSCO Shipping, Dongfeng Corporation and China Mobile complete 5G smart ports trial
On Monday morning an automated driverless truck for containers delivered containers to load a containership and collected unloaded containers from the vessel at the Port of Xiamen, passing a trial run as part of a project aimed at developing 5G smart ports! The project is being developed by terminal