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Port of Corpus Christi reports 1st positive COVID-19 case
An employee at Port of Corpus Christi Authority (PCCA), America’s top crude oil exporting port, has tested positive for COVID-19, the port authority announced, adding it expected to identify positive...
View ArticleEntire Maersk Line fleet to get Wilhelmsen SBA ropes
The entire fleet of Danish shipping major Maersk Line is to be equipped with Wilhelmsen’s Timm ropes featuring Snap Back Arrestor (SBA), the Norwegian maritime group said. As informed, an intensive...
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Sea Intelligence: Carriers to see $9 billion profit in 2020 if they manage to...
Container shipping companies’ fight to maintain freight rates high through capacity management seems to have paid off, beating forecasts on carrier profitability. The liners’ ability to adapt to the...
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New TMS Cardiff Gas LNG carrier delivered to Total
Greece-based shipping company TMS Cardiff Gas has taken delivery of a new LNG tanker built by South Korea’s shipbuilder Samsung Heavy Industries. LNG carrier Qogir (Image: TMS Cardiff Gas) The newest...
View ArticleRoyal Caribbean’s JV Pullmantur files for reorganisation
Cruises Investment Holding and Royal Caribbean Group (RCL) have filed for the reorganisation of their Pullmantur Cruceros joint venture under the terms of Spanish insolvency laws. Cruises Investment...
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Stena RoRo’s ferry outfitted with hybrid scrubbers
Stena RoRo has converted the former Stena Superfast X day ferry into a night ferry, boosting the ship’s capacity and outfitting it with hybrid scrubbers. Hybrid systems have the flexibility to operate...
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Hapag-Lloyd Cruises: Europa 2’s cold ironing certified by DNV GL
Europa 2, a cruise ship operated by Germany-based cruise line Hapag-Lloyd Cruises, has had its cold ironing connection certified by the classification society DNV GL. Image Courtesy: Hapag-Lloyd...
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Construction starts on 2nd Wallenius SOL LNG RoRo
China’s CIMC Raffles, part of the CIMC group, has started building the second LNG-powered RoRo ship for Sweden’s Wallenius SOL. Image: Wallenius SOL CIMC Raffles started working on the newbuild on...
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Tiger gas orders LNG tank carriers at Yangzijiang
China’s Yangzijiang Shipbuilding has secured an order from Hong Kong-based Tiger Gas to build LNG ISO tank carriers. Image: Yangzijiang Shipbuilding The deal includes a firm order for two vessels with...
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ABS gives AIP to dual deadweight bulk carrier design
Classification society ABS has granted Approval in Principle (AIP) to a dual deadweight neo-panamax bulk carrier design from the StandShip Joint Development Partnership (JDP). ABS’ StandShip JDP...
View ArticleCostamare wraps up refinancing efforts with $140 million worth of loans
Athens-based owner and provider of containerships for charter Costamare has concluded its refinancing program launched at the beginning of this year, securing a total of over $435 million in new loans...
View ArticleHyundai Heavy merges shipbuilding, offshore divisions to survive crisis
Hyundai Heavy Industries (HHI), the biggest shipbuilder in South Korea, has decided to integrate its shipbuilding and offshore business divisions and scale back the organisation by about 20 per cent....
View ArticleSAAM places $42 million in bonds to finance Intertug acquisition
Chilean operator of port, towage and logistics services Sociedad Matriz SAAM has placed a total of UF 1.2 million ($42 million) in bonds on the local market as the company prepares to wrap up the...
View ArticleGulftainer rolls out Future of Ports Startup Challenge 2020
Port operator Gulftainer has launched the Future of Ports Startup Challenge 2020 to identify startups from across the globe with the ambition to lead the transformation of the port management and...
View ArticleFSG fighting to complete LNG-powered Honfleur
The board of creditors, self-administration and management of the financially-troubled shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) are fighting to continue the construction of the LNG-powered...
View ArticleUlstein delivers hybrid SOV set to work on Merkur offshore wind farm
Ulstein Verft has delivered the Service Operation Vessel (SOV) Windea Jules Verne to Bernhard Schulte Offshore, who chartered the hybrid SOV to GE Renewable Energy for operations at the Merkur...
View ArticleDecarbonization: How to order future-proof ships when we don’t know the end...
The path toward decarbonization of the shipping industry in line with the IMO 2050 target – a reduction of 50% by 2050 compared to 2008, which still fails to deliver fully on the Paris Agreement...
View ArticleMaersk, partners launch a center for zero carbon shipping
Industry majors led by shipping giant A.P. Møller – Mærsk have teamed up in an effort to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon...
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Day of the Seafarer 2020 – Unsung heroes on COVID-19 frontline
The Day of the Seafarer 2020 pays tribute to unsung heroes of the COVID-19 pandemic — the seafarers who continue to carry essential goods despite facing tremendous challenges, including being stranded...
View ArticleKuraray wins USCG type approval for its ballast water management system
Japanese chemical manufacturing company Kurray has won type approval from the US Coast Guard for its ballast water management system. Kuraray MICROFADE II Ballast Water Treatment System consists of...
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