Kiel’s First Shore-Based Power Supply Plant for Shipping
Port of Kiel's first shore-based power supply plant for shipping was officially inaugurated at the Norwegenkai.
The building contractor for the shore-based power...
ExxonMobil Puts $100 Million in Fuel Research
DOE National Labs Partner with ExxonMobil for $100 Million in Joint Research in a ten-year agreement.
The agreement will foster research collaboration on...
Global Ship Lease Sees Profits and Charter Coverage Rise
In a major development, Global Ship Lease (NYSE: GSL), a company that leases out mid-sized and smaller container ships, has reported improved earnings in...
Ballast Water Microbes Shows a Ship’s Journey
In one of the largest geographic surveys of ballast and harbor water to date, Claudia Gunsch and William Gerhard, scientists at Duke University in...
Greek Shipowner Has Ordered Its Sixth 174,000-m3 LNG Carrier
An article published in LNG World Shipping reports that the Greek shipowner Capital Gas has ordered its sixth 174,000-m3 LNG carrier from South Korea’s...
Belships ASA Acquires Supramax Bulk Carrier for $12.0 Million
Belships ASA has agreed to acquire the 55,866 dwt bulk carrier M/V Sephora from Prospero Marine Ltd, a company controlled by Greek shipowner Elias...
What Sinking Ship Finance Means To Future Ocean Freight Markets?
Two key indicators of vessel finance – securities sales by U.S.-listed ship owners and global marine syndicated loan activity are both flashing red.
...
DryShips (DRYS) Announces Acquisition of Vessel
According to an article by Street Insider, DryShips Inc., a diversified owner, and operator of ocean-going cargo vessels, today announced that it has agreed...
Drewry: Boxship Scrapping To Rise Ahead of IMO 2020
The United States has ceased granting waivers for the import of sanctioned Iranian oil will contribute to carriers’ rising operating expense in the...
[Watch] 13 Indians Aboard a Burning Cargo Vessel Off Khalid Port
According to an article published in Khaleej Times, the quick-acting Sharjah Civil Defence, firefighters rescued a crew of 13 Indians from a burning cargo...
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APLICATIONS
Weak Scrubber Demand Hits Wärtsilä
Wärtsilä’s order intake for the marine segment of its business fell by 30% in the third quarter of 2019 due to the waning scrubber...
