Green Marine
CMA CGM, CEVA create bridge between China and France to deliver medical supplies
French liner giant CMA CGM and its subsidiary CEVA Logistics are mobilizing their expertise and resources to create a logistical bridge between China and France to deliver medical equipment and help alleviate the national emergency caused by the COVID-19 pandemic. The efforts have already resulted i
2nd contract awarded for Corpus Christi Channel deepening
The Corpus Christi Ship Channel Improvement Project aimed at allowing larger tankers at the Port of Corpus Christi is entering its second stage. Namely, the U.S. Army Corps of Engineers (USACE) awarded a $97.9 million construction contract on Wednesday to Texas-based Callan Marine for the second sta
American Shipping Company closes $305 Mn refinancing for nine ships
Despite COVID-19 challenges, AMSC has closed a $305 million refinancing covering nine vessels.
Update: Cargo removal from grounded ship begins off Scotland
Cargo removal operations from a grounded Norwegian vessel began off the coast of Scotland .
12 crew rescued from fire-stricken ship off Sicily
Twelve crew members were rescued from a cargo ship MV Bellatrix after a fire that broke out in the engine room became uncontrollable. The single-decker ship issued a mayday signal on Wednesday, April 8, while underway some 180 nautical miles southeast from Catania, Italy. The crew reported that a fi
Cyprus cuts ship detentions rates by more than half
Cyprus is no longer part of the targeted flag list of the USCG in relation to the safety performance of flag administrations.
EU Commission calls for creation of a port network for crew changes
The European Commission has issued guidelines aimed at helping to repatriate seafarers stuck on ships amid coronavirus lockdown measures and resolve the current crew-change crisis. The guidelines are calling on the EU member states to create a network of ports where crew changes can take place witho
Detectives board Ruby Princess to seize black box, question crew
Detectives have boarded the Ruby Princess cruise vessel docked at the port of Port Kembla to seize its black box.
Boskalis bolsters salvage capacity with Ardent Americas buy
Dutch offshore contractor Royal Boskalis Westminster has acquired maritime emergency response specialist Ardent Americas thus expanding its foothold in the US maritime salvage market. Ardent Americas is an OPA90-compliant player, which means that it meets the requirements of the Oil Pollution Act of
BIMCO: Shipbuilding orders spiral down
The shipbuilding sector has been severely impacted by the ongoing COVID-19 pandemic causing the contracting activity to shrink and newbuild deliveries to get postponed. What is more, the demolition activity, which has been pretty dynamic over the recent period, has also ground to a halt amid lockdow
CargoSmart, Cosco and Tesla in blockchain trial
Tech firm CargoSmart Limited has carried out a pilot project with ocean carrier COSCO Shipping Lines using blockchain to share shipment data with a terminal operator in real-time. Apart from COSCO, Shanghai International Port Group (SIPG), and Tesla (Tesla) took part in the project which took place
Sino-Global to take majority stake in Mandarine Ocean
Sino-Global has decided to acquire a majority stake in China’s Mandarine Ocean.
Coronavirus crisis: TUI secures German state-backed bridging loan
TUI AG gets an EUR 1.8 billion state aid bridging loan to cope with coronavirus business impacts.
ABB, HDF to power ocean-going vessels with fuel cell systems
Technology firm ABB has signed a Memorandum of Understanding (MOU) with Hydrogène de France to jointly manufacture megawatt-scale fuel cell systems capable of powering ocean-going vessels. The MOU envisages close collaboration on the assembly and production of the fuel cell power plant for marine ap