Green Marine

105 Sailings from Asia to North America and Europe Blanked in February
Carriers canceled 105 sailings from Asia to North America and Europe/Mediterranean.

Frontline Bets on Strong Market Rebound once Coronavirus is Contained
Frontline posted the highest quarterly net income in more than eleven years.

Pacific Basin Eyes Further Second-Hand Acquisitions, Staying Clear of Newbuilds
Pacific Basin is keen on enlarging its fleet, but is staying clear from ordering newbuilds.

Finnlines Reports Stable Result Despite Lower Volumes
Last year was profitable for Grimaldi’s Finnlines despite a decline in cargo volumes.

US: Singaporean Shipping Company Pleads Guilty to Oily Bilge Dumping
Unix Line has been convicted for concealing illegal discharges of oily water.

Vale: 20 Evacuated after Giant Iron Ore Ship Starts Listing
MV Stellar Banner crew evacuated after the bulker experienced bow damage and started listing heavily.

Evergreen Line Rolls Out Digital Booking Platform
Evergreen Marine Corporation has launched GreenX, an integrated container logistics solution platform.

MSC Cruises: Our Ship Was Turned Away Based on Fears, not Facts
MSC Cruises: No cases of COVID-19 virus have been reported on board MSC Meraviglia.

Ocean Yield Wins Arbitration Case against Okeanis
Ocean Yield wins arbitration case against Okeanis ECO Tankers.

NYK Cruises Cancels Cruises in March amid Coronavirus Outbreak
NYK Cruises canceling all cruises on Asuka II scheduled to sail in March in response to the coronavirus outbreak.

Witt O’Brien’s Acquires Crisis Communications Group Navigate
Witt O’Brien’s acquires Navigate.

Flex LNG Enjoys ‘Best-Ever’ Financial Results
Flex LNG announced its best-ever financial results with a net income of around USD 24 million for Q4 2019.

ICS: Coronavirus Costing Shipping Industry USD 350 Mln a Week
Coronavirus outbreak is estimated to be costing the shipping industry USD 350 million a week.

Cruise Ship Denied Entry to Jamaica, Cayman Islands amid Coronavirus Fears
A cruise ship denied port access to Jamaica and Cayman Islands amid coronavirus precaution measures.