Hapag-Lloyd is breaking new ground in financing. It has concluding two initial transactions under the Green Loan Principles of the Loan Market Association (LMA). Both transactions — a syndicated loan of $417
Japan’s NYK Line reports that it has ordered its first two liquefied petroleum gas (LPG) dual-fueled very large gas carriers (VLGCs). They will be built at Kawasaki Heavy Industries Ltd’s Sakaide Works
Norwegian-based Wallenius Wilhelmsen Ocean AS (WWO) has been convicted of criminal cartel conduct and ordered by Australia’s Federal Court to pay a fine of AUD 24 million (about US$18.5 million) in a
A National Transportation Safety Board Marine Accident Brief says that an 83,000-cubic-meter LPG tanker struck a Washington State wharf on December 15, 2019, because the pilot approached with excessive speed and at
Global marine mutual insurer North P&I Club has elected James Alexander Tyrrell as the new chair of its board, succeeding Pratap Shirke, while Ioanna Procopiou has become the club’s first female vice-chair.
Amsterdam-headquartered independent LNG supplier Titan LNG has reached an agreement to charter in NYK Line’s LNG bunker vessel Green Zeebrugge. Previously known as the Engie Zeebrugge, NYK renamed the vessel after becoming
North European passenger and cargo ferry specialist Stena Line plans to start operating two fossil-free battery powered vessels on the route between Gothenburg, Sweden, and Frederikshavn, Denmark, by no later than 2030.
The United States has filed a forfeiture complaint in the U.S. District Court for the District of Columbia alleging that all oil aboard a Liberian-flagged vessel, the M/T Achilleas (IMO No. 9398072),
The 132 meter long RoPax ferry on order for the Isle of Man Steam Packet Co. (IOMSP) at South Korean shipbuilder Hyundai Mipo Dockyard will feature a range of Wärtsilä solutions. The
The National Transportation Safety Board has issued a Marine Accident Brief on a December 10, 2019, incident in which, at about 7.00 a.m., the fishing vessel Miss Annie was transiting out of