Green Marine
Construction of FSL Trust’s newbuildings running smoothly
The construction of First Ship Lease Trust’s first two 114,000 DWT LR2 newbuildings in China is progressing smoothly despite COVID-19 challenges to the shipbuilding industry, the company’s trustee manager said. The ships, set to be fitted with scrubbers, are being built by COSCO Shipping Heavy Indus
Viking Line’s freight transport standing firm against COVID-19 impact
Finland-based ferry company Viking Line is experiencing a growth in demand for freight transport onboard its ships, keeping its traffic volumes high despite the COVID-19 pandemic’s impact on the movement of goods. The company’s passenger traffic has been slashed, however, a heavy volume of the freig
Singapore adds two bunker players, hangs tough during COVID-19
The Maritime and Port Authority of Singapore (MPA) has awarded two new bunker supplier licences to Minerva Bunkering and TFG Marine, following its call for applications for new licences in December 2019. “These two new players will increase the supply of marine fuel that is compliant with the Intern
Qatar Petroleum inks huge China LNG carrier deal
State-run Qatar Petroleum said Wednesday it has entered into a deal to reserve LNG ship construction capacity in China as part of ongoing North Field expansion projects. QP signed the deal with Hudong-Zhonghua Shipbuilding, a unit of China State Shipbuilding Corporation. The deal potentially worth m
Hapag-Lloyd slashes its emissions by 50 percent, schedules boxship LNG conversion for Q4
German container shipping major Hapag-Lloyd has cut its CO2 emissions per TEU kilometre by 50 percent when compared to the reference year of 2008, the company said. The goal was achieved through economies of scale as the company introduced bigger and more efficient ships with improved water resistan
DP World rolls out digital platforms to facilitate global trade during COVID-19
Dubai-based terminal operator DP World has launched a plethora of online logistics tools and services enabling businesses to book shipments of cargo by any combination of sea, land, and air. The company said the roll-out of the platforms was sped up by the ongoing challenges arising from the COVID-1
ATB dedicated to Alaska fuels service joins Crowley’s fleet
Crowley Fuels LLC, wholesale fuel transportation and sales division of US-based Crowley Maritime, took delivery of its new Alaska Class 100,000-barrel, articulated tug-barge (ATB) from Bollinger Shipyards. The vessel will be used to transport multiple clean petroleum products for the Alaska market a
Nigerian forces board attacked boxship, rescue 11 crew from citadel
Nigerian Special Forces have boarded the Portuguese-flagged containership Tommi Ritscher and rescued 11 crew members who fled to the citadel after pirates attacked the ship, maritime security firm Dryad Global said in an update. Based on the report, the boarding of the vessel by the special forces,
DFDS puts 12 ferries in lay-up due to demand drop
Danish ferry and logistics company DFDS has put 12 out of its 50 ferries in layups as a response to a drop in demand prompted by the COVID-19 lockdown measures which have slashed passenger volumes. Since mid-March, DFDS has suspended two passenger routes, Copenhagen-Oslo and Amsterdam-Newcastle, whi
The Switch: Why can’t governments respond to climate change the same way they did to COVID-19?
The COVID-19 pandemic has changed the way the world functions as governments and leaders across the globe have implemented unprecedented measures to curb the spreading of the virus. The life as we know it changed completely with factory lockdowns, closures of unessential services and stay at home or
Wärtsilä’s scrubber order intake takes a hit as fuel price spread narrows
The Finnish technology group Wärtsilä has reported a 12 percent order intake fall during the first quarter of 2020 as a result of the global measures aimed at curbing the spread of the COVID-19 pandemic. The order intake was worth EUR 1.2 billion when compared to EUR 1.4 billion in the same period l
Construction starts on Gothia Tanker Alliance LNG-powered tanker
China’s Avic Dingheng shipyard has started building the seventh liquefied natural gas-powered vessel ordered by Sweden’s Gothia Tanker Alliance. The Chinese yard held a keel ceremony for the dual-fuelled product and chemical tanker on April 18, according to Swedish shipowner Furetank. Furetank is a
BIO-UV Group: UV light used in BWM can kill coronavirus
The ultra-violet light technology used to kill the invasive species found in ships’ ballast water tanks can be used to protect seafarers, health workers, and first-responders from picking up the coronavirus from surfaces, French BIO-UV Group claims. The company said that it was readying a surface di
MARAD bankrolls small shipyards with nearly $20 million
The U.S. Department of Transportation’s Maritime Administration (MARAD) has awarded $19.6 million in discretionary grants to 24 U.S. small shipyards through the Small Shipyard Grant Program. The funding is aimed at helping modernize America’s small shipyards, making them more efficient in constructi