Mediterranean resort town Cannes, France's fourth-biggest cruise ship port, will ban the most polluting cruise ships from next year in a bid to boost air quality in the city.The ban will target ships that do not respect a 0.1% cap on sulphur…
Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers) has announced that the company has entered into agreements with an unaffiliated third party to sell the SBI Puma and SBI Cougar, 2014 and 2015 built Ultramax vessels, respectively, for approximately $37…
Ardmore Shipping Corporation (NYSE: ASC) (“Ardmore”) has announced the appointment of Dr. Kirsi Tikka to the company’s Board of Directors.Dr. Tikka has over 30 years of shipping experience having recently retired from the American Bureau of Shipping (“ABS”) in July 2019…
Pacific Green Technologies Inc. (PGTK) (OTCQB: PGTK), owner of the ENVI-Marine and ENVI-Clean Exhaust Gas Scrubbing Systems, has announced that Gisle Kevin has been appointed as Vice President New Build Sales.Kevin has worked in the marine industry…
ECOsubsea, the Norwegian cleantech firm with a unique hull cleaning technology has won contracts to clean in North European ports of Antwerp and Zeebrugge thanks to the technology’s ability to remove all hull fouling from the water.The technologically…
India’s containerized trade growth slowed to 1% (9% in the same period last year) in Q2 2019, due to a cocktail of international factors such as slowing trade growth, and growing trade tensions – coupled with domestic factors like rural consumer distress…
A marine fuel and lubricant trading firm, Glander International Bunkering has started operations in Oslo, Norway.The Oslo office is the company’s 8th location and aims to expand the reach of its main Norway office in Tønsberg. The Oslo office is manned by bunkering experts Lars Brustad…
U.S. Customs and Border Protection (CBP) led a multi-agency canine examination of ships and shipping containers at the Port of Baltimore Wednesday.Dubbed Operation Port Days, the operation was billed as an opportunity to expose more local police…
'Shipping must draw talent from every corner of the globe and every sector of the population to ensure its own sustainability.'This was a key message from IMO Secretary-General Kitack Lim, in his opening remarks to the 2019 IMO World Maritime Day Parallel Event (15-18 September)…
US authorities announced that South Korea's top shipbuilding conglomerate Hyundai Heavy Industries (HHI) will pay a US$47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules.US Justice Department and and the U…
Global Ship Lease (GSL), UK-based holding company and containership charter owner, has now settled a five-year refinancing of its debt.According to the container ship owner, the new syndicated $268m credit facility is signed with a number of…
Dynagas LNG Partners LP, an international owner and operator of liquefied natural gas (LNG) carriers, announced it has secured a $675 million syndicated loan from leading international banks.The credit facility will be secured by mortgages on the partnership’s entire fleet of six LNG carriers…
Transnet National Ports Authority (TNPA) will secure two new workboats by 2022 to boost marine operations at the Port of Cape Town and ensure it is recognized internationally for excellence.The more powerful workboats are expected to improve…
With a rugged coastline and many fjords to cross, Norway has become a world leader in progressive ferry design. Turkey, with a skilled work force and broad marine experience has become a leader in ferry construction. Put the two together and…
Commodity trading company Vitol and the Mozambican state-owned oil and gas company ENH have formed ENH Energy Trading, a partnership focused on trading oil products.The Dutch energy and commodity trading company said in a press note that ENH…