Genting Hong Kong: The other shoe drops
As we noted when German shipbuilder MV Werften filed for insolvency on January 10, the move raised big questions about the future of its parent Genting Hong Kong, whose operations include Dream
Legal
Cruising: With CSO gone, booking season hopes mount
We’re now into the cruise industry’s “Wave season,” the three-month period from January 1 to March 31 when — prior to COVID — cruise lines and travel agents historically booked the largest
Wellness: Influencing a goal in the new year
By Emily Reiblein, Director HSSE – Crowley Logistics A new year often brings with it a resolve to exercise more, lose a bit of weight, and formulate a wiser, faster, thinner, and
WasteFuel launches bio-methanol marine fuel solution
California-based biofuels start-up WasteFuel has launched WasteFuel Marine, a renewable fuel solution for the shipping sector. Perhaps not surprisingly, given that Maersk is an investor in the company, WasteFuel Marine’s initial product
Op-Ed: Using data for less congested, more sustainable ports
By David Yeo, Founder and CEO of Innovez One The phrase “think globally, act locally” couldn’t ring more true when it comes to tackling some of the most critical challenges faced by
NYK Line orders 4 LNG-fueled Capesizes
Japan’s NYK Line has placed orders for four LNG-fueled Capesize bulk carriers at three shipyards. Three will be built in Japan (two at at Nihon Shipyard, one at Namura Shipbuilding) while the
Maersk again ups profits guidance
Looks like A.P. Moller – Maersk A/S won’t be strapped for cash as it plans a new generation of methanol fueled box ships and ratchets up its decarbonization ambitions. Maersk is reporting
Teekay LNG to become Seapeak
Teekay LNG Partners L.P. (NYSE: TGP) today reports that its previously announced acquisition by investment vehicles managed by New York City headquartered Stonepeak has completed. With the $6.2 billion deal done, the
Insolvency administrator goes to work at Genting’s German shipyards
There’s some good news for the approximately 2,000 employees at Genting Hong Kong’s German shipbuilding subsidiary MV Werften, which filed for insolvency January 10. Though they have not been paid their December
New safety guidance aims to cut pilot transfer fatalities
Some two years after the tragic accident that cost the life of Sandy Hook pilot Capt. Dennis R. Sherwood when boarding an inbound containership, an industry guidance on pilot transfer safety has