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British Ports Seeking Funds to Fight Coronavirus Spread

Liverpool port

The British ports industry is requesting further support to prevent coronavirus spreading.

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Teekay Returns to Black

Teekay logo

The fourth quarter of 2019 marked a return to profitability for Teekay.

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H?egh LNG Settles LNG Boil-Off Dispute with Total

Hoegh LNG

H?egh LNG agrees with Total to settle the boil-off dispute regarding Neptune and Cape Ann.

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BW LPG Brings Total LPG Retrofits to 12

BW LPG

BW LP has exercised another option for the delivery and retrofitting of a further four dual-fuel LPG propulsion engines.

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Costa Favolosa Denied Docking in Virgin Islands

Costa Favolosa

Cruise ships are struggling to maintain their itineraries amid fears related to the coronavirus outbreak.

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Yamal LNG Ships 30 Million Tons of LNG

LNG carrier

Yamal LNG has shipped its thirty millionth ton of LNG since the commencement of the project.

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Liners, Terminal Operators to Become Shareholders of GSBN

CMA CGM containership

Nine ocean carriers and terminal operators have signed a shareholders’ agreement.

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105 Sailings from Asia to North America and Europe Blanked

Maersk containership

Carriers canceled 105 sailings from Asia to North America and Europe/Mediterranean.

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Tasmania's TT-Line Picks New Builder for Ferry Pair

Spirit of Tasmania

Rauma Marine Constructions has been selected to build TT-Line Company's Spirit of Tasmania ships.

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Frontline Bets on Strong Market Rebound after Coronavirus

tanker

Frontline posted the highest quarterly net income in more than eleven years.

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Pacific Basin Eyes Further Second-Hand Acquisitions

Pacific Basin Vessel

Pacific Basin is keen on enlarging its fleet, but is staying clear from ordering newbuilds.

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Finnlines Reports Stable Result Despite Lower Volumes

Finnlines

Last year was profitable for Grimaldi's Finnlines despite a decline in cargo volumes.

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US: Shipping Company Pleads Guilty to Oily Bilge Dumping

Gavel

Unix Line has been convicted for concealing illegal discharges of oily water.

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Vale: 20 Evacuated after Giant Iron Ore Ship Starts Listing

Stellar Banner

MV Stellar Banner crew evacuated after the bulker experienced bow damage and started listing heavily.

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Evergreen Line Rolls Out Digital Booking Platform

Evergreen

Evergreen Marine Corporation has launched GreenX, an integrated container logistics solution platform.

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MSC Meraviglia Was Turned Away Based on Fears, not Facts

MSC Meraviglia

MSC Cruises: No cases of COVID-19 virus have been reported on board MSC Meraviglia.

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Ocean Yield Wins Arbitration Case against Okeanis

Gavel

Ocean Yield wins arbitration case against Okeanis ECO Tankers.

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NYK Cruises Cancels Cruises amid Coronavirus Outbreak

covid-19

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

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Witt O’Brien’s Acquires Crisis Communications Group Navigate

earth internet

Witt O’Brien’s acquires Navigate.

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Flex LNG Enjoys ‘Best-Ever’ Financial Results

LNG carrier

Flex LNG announced its best-ever financial results with a net income of around USD 24 million for Q4 2019.

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ICS: Coronavirus Costing Shipping Industry USD 350 Mln a Week

Coronavirus

Coronavirus outbreak is estimated to be costing the shipping industry USD 350 million a week.

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Cruise Ship Denied Entry to Jamaica, Cayman Islands

MSC Meraviglia

A cruise ship denied port access to Jamaica and Cayman Islands amid coronavirus precaution measures.

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Keppel Completes FPSO Conversion under 7 Months

FPSO Abigail-Joseph

Keppel Shipyard has delivered FPSO Abigail-Joseph to Yinson Nepeta Production Ltd.

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Genco to Sell 10 Handysize Bulkers

Bulker

Genco is planning to sell ten Handysize vessels as part of its fleet renewal scheme.

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Getting to Zero Coalition Unveils 4 Focus Areas

Containership

The Getting to Zero Coalition identifies 4 focus areas to advance roadmap on shipping's decarbonization.

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Maersk Secures USD 5 Bn Loans to Reach Green Shipping Target

Maersk

Maersk has secured a new sustainability-linked revolving credit facility of USD 5 billion.

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Costa Cruises' LNG-Fueled Flagship Named in Savona

Costa Smeralda

Costa Smeralda, a new LNG-powered flagship owned by Italian cruise line Costa Cruises, was named in Savona.

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