Green Marine
ICS, ITF call for urgent action on facilitating crew changes
The current deadlock caused by crew change bans across the globe is increasing the risk of marine accidents and jeopardises global supply chains essential to overcoming the pandemic, industry bodies insist urging governments to remove the restrictions. The International Chamber of Shipping (ICS) and
PD Ports continues investment in eco-friendly technology
UK port operator PD Ports continues its investment in environmentally sustainable technology at Teesport.
Australia orders all foreign cruise ships out of its waters
In the wake of what has been characterized as a humanitarian crisis as thousands of seafarers and passengers are left stranded on board cruise ships in Australian waters, Australia has ordered all foreign cruise ships to leave as soon as possible. The country is standing its ground on not allowing t
VTT to explore use of bio- and waste-based oils for ships, power plants
VTT, partners will assess how suitable fuel oils made from biomass and waste plastics are for ship diesel engines.
March imports at US container ports hit five-year low
Imports at major U.S. retail container ports dropped to their lowest level in five years in March, data from the National Retail Federation and Hackett Associates shows. Imports are projected to remain significantly below normal levels through early summer as the coronavirus pandemic continues. “Eve
German gas carrier grounded due to underdeveloped ECDIS
A German gas carrier grounded off Indonesia in 2018 due to the not fully developed ECDIS, a report shows.
Offshore Energy platform: connecting the gears
Change is the only constant. This was as true for the ancient Greek who coined the phrase, as it is for us today. Our industry is changing. The need to innovate and transform are key in remaining relevant and future-proof. This is why we present the Offshore Energy platform. It combines all the elem
Police launches criminal investigation into docking, disembarking of coronavirus-hit Ruby Princess
The NSW Police Force commenced an investigation into the docking and disembarking of Ruby Princess last month.
Florida: Crew members with COVID-19 symptoms medevaced from two Royal Caribbean ships
Three crew members displaying coronavirus symptoms were medevaced from two Royal Caribbean ships.
Stena Line to furlough 600, lay off 150 workers due to COVID-19
Gothenburg-based ferry company Stena Line plans to furlough 600 employees and make 150 redundancies across the UK and the Republic of Ireland amid a large decline in travel bookings and freight volumes caused by the coronavirus pandemic. The company said it would ensure those furloughed maintain 80%
Saudi Arabia buys 8.2 % stake in Carnival Corporation
The Public Investment Fund from Saudi Arabia has taken an 8.2 percent stake in the world’s largest cruise shipping company Carnival Corporation. The fund bought 43,508,895 of the class securities offered as part of Carnival’s debt and equity offerings aimed at lifting the company’s liquidity. The mo
Pacific Basin puts the breaks on fleet growth plans
Hong Kong-based dry bulk shipping company Pacific Basin will pause its fleet expansion plans amid the ongoing market uncertainty caused by the coronavirus pandemic. Pacific Basin was very vocal about its fleet growth plans and was eager to pursue Japanese-built second-hand bulkers, Suezmaxes in par
Shipping industry sees growth in remote surveys in times of coronavirus crisis
Remote ship surveys and inspections have become increasingly popular amid the coronavirus crisis.
Worst case scenario could bring about $ 23 billion loss for carriers
Blanking of sailings triggered by the demand drop from the coronavirus pandemic could result in a USD 23 billion collective loss for container carriers in the worst-case scenario, Copenhagen-based consultancy Sea-Intelligence predicts. This scenario is based on the freight rates decline experienced