Golden Ray: Cutting resumes after maintenance pause
After taking a pause to maintain apparatus, the St. Simons Sound Response team today resumed cutting operations on the hull of the capsized car carrier Golden Ray, which is being sliced into
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Dropping in bio-LNG extends green financing runway says SEA-LNG
By dropping in bio-LNG to their fuel mix, owners of LNG-fueled ships could extend the time through which they are eligible for preferential “green” financing under the Poseidon Principles. The SEA-LNG coalition
United Wind Logistics uses ABB software to boost module carrier safety and efficiency
Germany’s United Wind Logistics is to use the ABB Ability marine advisory system OCTOPUS to support its module deck carrier VestVind as it transports large wind farm components such as turbines, foundations
Grimaldi orders RO/RO multipurpose sextet at Hyundai Mipo
Naples, Italy, headquartered Grimaldi Group has signed a $600 million agreement with South Korean shipbuilder Hyundai Mipo Dockyard covering the construction of six new RO/RO multipurpose vessels. With a length of 250
CIT sole lead arranger on $45 million Mangrove Partners deal
CIT Group Inc. (NYSE: CIT) reports that its Maritime Finance business served as sole lead arranger on a $45 million financing for a portfolio of seven containerships. The financing was arranged on
OPINION: Time to address “sea blindness” on digital transformation
By Martin Wallgren, Chief Information Officer at GAC Group Done right, digital transformation has boundless potential for shipping. But doing it right demands resilience, the right mindset and a clear focus on
Livanos family and Onassis Foundation plan to take GasLog private
In what Chairman Peter Livanos calls “a transformative next step,” Piraeus, Greece, based LNG carrier specialist GasLog Ltd. reports that it has entered into an agreement and plan of merger with BlackRock’s
Boxes lost overboard after “safety feature” triggered engine shut down
Maersk today gave more details of the February 17 incident in which the 13,100 TEU containership Maersk Eindhoven lost 260 containers overboard while en route to the U.S. West Coast. The incident
Royal Caribbean’s Fain still confident of return to positive trajectory
Royal Caribbean Group (NYSE: RCL) today reported financial results for the fiscal year of 2020 that included a U.S. GAAP net loss of $5.8 billion compared to net income of $1.9 billion
JAX LNG and TOTE notch up an LNG bunkering first
JAX LNG and TOTE Services recently completed their first ship-to-ship liquefied natural gas (LNG) bunkering of a foreign-flagged vessel at the Jacksonville Port Authority (JAXPORT). Crews loaded 1,800 cubic meters (about 450,000