Superior, Colo., based Key Equipment Finance, a division of KeyBank, reports that it recently served as the lead arranger of a group syndication providing $177.5 million in financing for Pasha Hawaii’s second
When LNG first started gaining traction as a marine fuel, there was a lot of talk about chickens in eggs around issues of supply, demand an infrastructure. With methanol, it seems like
The IMO Council has appointed Arsenio Antonio Dominguez Velasco of the Republic of Panama as IMO’s next Secretary General. Subject to the approval of the IMO Assembly, he’ll serve for an initial
Wheat, corn and soybean prices all rose today on the news that Russia has not extended its participation in the UN sponsored Black Sea Grain Initiative. With Russia no longer on board,
In a move that positions it to displace Hapag-LLoyd as the world’s fifth largest box ship operator Taiwan’s Evergreen Marine Corporation is betting billions on methanol-fueling, placing orders for 24 methanol dual
The ship fire that broke out aboard the Grimaldi RO/RO Grande Costa d’Avorio on the evening of July 5 has finally been extinguished, Capt. Zeita Merchant, the captain of the port of
While IMO has announced an enhanced common ambition to reach net-zero GHG emissions from international shipping by “close to 2050,” some influential cargo shippers don’t want to wait that long. They’re set
U.S. District Judge Alfred Bennett has ordered Stavanger, Norway, based Clipper Shipping AS to pay a $1.5 million fine after the company pleaded guity to discharging oily bilge water from the tanker
By Professor Basil Germond, Chair in International Security, Lancaster University The maritime sector, like other sectors of the economy and society, is targeted by cyber criminals seeking personal and commercial data (e.g.,
The deadly car carrier fire aboard the Grimaldi Deep Sea RO/RO vessel Grande Costa d’Avorio that cost two Newark firefighters their lives continued to burn today and seemed likely to continue burning