Green Marine

Sand: When China Sneezes, We All Catch the Flu
The outbreak of the novel coronavirus has dented market sentiment.

Post-Brexit Future: UK Gov’t Launches Consultation on Freeports
The UK government has launched a consultation on its proposed Freeport policy following Brexit.

SMART LNG Pens Lease Financing Deal for 4 LNG Carriers
The four vessels will be constructed at Zvezda Shipbuilding Complex.

Australia Detains Yang Ming Boxship for Pollution Debt
Australia arrests a Yang Ming containership for a pollution debt that could reach AUD 20 million.

BW LPG Doubles Its Commitment to LPG as Fuel
BW LPG will retrofit a total of eight vessels with LPG propulsion technology.

Shell Hires Four LNG Carriers from Korea Line, Global Meridian
In December 2019, oil and gas major Shell signed separate agreements for four LNG carriers.

Readers’ Picks of the Week (February 3-7, 2020)
Here are the most read stories of the previous week.

Russia Gives Green Light for New LNG Transshipment Terminal
Russia approves an LNG transshipment terminal design in the Kamchatka Territory.

TUI Sells 50 Pct Stake in Hapag-Lloyd Cruises to Royal Caribbean
Germany’s TUI Group is to sell a 50 percent stake in Hapag-Lloyd Cruises to Royal Caribbean.

Maersk Line Partners Up with Hamburg’s Software Company
Maersk Line is partnering with Portrix Logistic Software to integrate spot pricing into PLS’ software.

Maritime Unions Urge Government to Save Australian Shipping
International maritime unions urge the Australian gov’t to reverse the decline of the domestic shipping industry.

TOP Ships Offloads Two More Tankers
TOP Ships has entered into agreements to dispose of an MR2 tanker pair.

Stena Line’s New E-Flexer Makes Its Irish Sea Debut
Stena Line’s newest E-Flexer ferry Stena Estrid started service on the Irish Sea route.

AET Wins USD 525.6 Mln Charter Deal with Petrobras
AET Tanker Holdings wins long-term charter deal with Petrobras.