Portable Emission Analyzer Certified for Marine
A portable analyzer designed for monitoring emissions from ships is now available for sale or rent from Ashtead Technology. “With increasing global efforts to limit ship emissions, and with new regulations to reduce sulphur dioxide emissions coming into force on January 1, 2020, the addition of the Testo 350 MARITIME instrument is perfectly timed,” says Ashtead’s Environmental Sales Manager, Josh Thomas.The…
Privinvest’s Deliveries to Mozambique: A Model for Africa
Media reports about Mozambique’s failure to launch a fishing and security fleet and its subsequent $2 billion debt default seem destined to torpedo, or at least set back similar efforts to build needed coastal security and national fishing fleets across Africa. That must not happen.The systems and equipment Mozambique bought a few years ago from shipbuilder Privinvest could serve as a template for…
Iranian Tanker Not Heading to Greece
An Iranian tanker which the United States wants seized is not heading towards Greece as it sails through the Mediterranean, Greek Prime Minister Kyrikos Mitsotakis…
Croatia Gives State Guarantee to Keep Shipyard Afloat
The Croatian government said on Thursday it would guarantee loans of up to 150 million kuna ($23 million) to keep one of the country's biggest shipyards afloat and give it time to find a strategic long-term partner.The 3.Maj shipyard in the northern Adriatic port of Rijeka is owned by Croatia's biggest shipbuilding group Uljanik whose other shipyard in the port of Pula has already been placed into bankruptcy procedure.Under EU state aid rules…
'Green' Focus for Citigroup's Shipping Finance Chair
Citigroup's veteran shipping finance banker Michael Parker is to become chairman of the bank's shipping & logistics business, a role which will include bolstering the lender's environmental focus in the sector, Citi said on Thursday.In June, Citi was among a group of leading banks who signed up to environmental commitments known as the "Poseidon Principles."These will for the first time integrate efforts to cut CO2 emissions into banks' decision making when providing loans to shipping companies.
MHI Vestas Bags Taiwan Switchgear Deal
Wind turbine manufacturer MHI Vestas Offshore Wind has signed its third contract in Taiwan for local production as it prepares to execute 900 MW of offshore wind…
US Shale Operators Achieves Positive Cash Flow
In a remarkable turnaround, the second quarter of 2019 is the first three-month period on record when US shale operators achieved positive cash flow from operations…
Topaz Revenue Climbs
Revenue of Topaz Energy and Marine of the United Arab Emirates (UAE) for the six-month period of 2019 was $235 million, an increase of 56% compared to H1 2018.Dubai…
Konecranes Retrofits Crane in DP World Liège
Konecranes Port Services, the team of crane and lifting engineers, software developers and product technicians, will retrofit electrification to a Model 2 Konecranes…
Peel Ports in Brexit Preparedness
UK port operator Peel Ports Group has been officially accredited with the internationally recognized quality mark of Authorised Economic Operator (AEO) at all its…
Navios Sells 2002-Built VLCC
Greek tanker vessel operator Navios Maritime Acquisition Corporation has entered into an agreement to sell the Nave Electron, a 2002-built very large crude carriers (VLCC) vessel of 305…
Napier Port Lists on NZX
New Zealand's Napier Port successfully completed its $234 million initial public offer (IPO) with a listing ceremony at the Port’s Breakwater Road site in Napier.After…
Essar Ports Posts Robust Growth
Indian private ports operator, Essar Ports Limited posted overall 17 percent growth in the cargo throughput at 13.5 million tonne for the first quarter of current…
Further Delay for Vineyard OWP
Netherlands-based provider of steel foundations to the offshore wind, Sif Holding NV said that the Vineyard Wind, which was set to be U.S.'s largest offshore wind…
HMD Builds 2 Methanol-Fueled Tankers
Two new dual-fueled tankers capable of operation using clean-burning Methanol, Mari Couva and Mari Kokako were named at the Hyundai Mipo Dockyard (HMD) by owners…
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