ESPO congratulates Tanger Med Port Authority and the Igoumenitsa Port Authority for renewing their EcoPorts PERS Certification

ESPO congratulates the Tanger Med Port Authority (Morocco) and the Igoumenitsa Port Authority (Greece) for successfully renewing the EcoPorts’ environmental management standard (PERS). For Tanger, this is the third time they achieve the PERS certification, while it is Igoumenitsa’s fourth. Both important Mediterranean ports, they received their PERS certificates in digital handover ceremonies. Remarking on …

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https://www.hellenicshippingnews.com/espo-congratulates-tanger-med-port-authority-and-the-igoumenitsa-port-authority-for-renewing-their-ecoports-pers-certification/

Sale of Port Akdeniz Important But Insufficient to Refinance Global Liman’s Eurobond

Global Ports Holding Plc’s (GPH) agreement to dispose of Ortadogu Antalya Liman Isletmeleri (Port Akdeniz) to QTerminals W.L.L. is an important step on the way to refinancing Global Liman Isletmeleri A.S.’s USD250 million bullet Eurobond due in November 2021, Fitch Ratings says. However, the expected net proceeds will not be sufficient to fully cover the …

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https://www.hellenicshippingnews.com/sale-of-port-akdeniz-important-but-insufficient-to-refinance-global-limans-eurobond/

Elcome Named Sales Distributor For Ballast Water Monitoring Systems

Ballast Water Monitoring A/S has named Elcome International as a non-exclusive distributor in the Middle East. Under the agreement, Elcome will provide sales, installation and service support for the company’s real-time in-line ballast water treatment monitor system in the United Arab Emirates, Bahrain, Kuwait, Oman and Egypt. The bw-monitor™ automatically and continuously surveys the functionality …

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Windward Partners with Multiple Shipping Companies and P&I Clubs – Driving Digital Transformation of Maritime Trade with AI

Windward, the Predictive Intelligence company applying AI to transform global maritime trade, announced today that it has in place partnerships with a number of leading organizations in the maritime field including four major shipping companies – Norden, Eastern Pacific Shipping, Capital Ship Management, Interunity Management Corporation (IMC) – as well as seven Protection and Indemnity …

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Vesconite Bearings: Ship classifications span the world

Vesconite Bearings’ ship classification certifications continue to span the world, with the team ensuring that the certificates remain up-to-date. The company’s marine bearings are currently certified by American Bureau of Shipping (ABS ), Nippon Kaiji Kyokai (Japan) (NKK), Bureau Veritas (BV), Lloyds Register (LR), Det Norske Veritas / Germanisher Lloyd (DNV / GL), China Classification …

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GTT entrusted by Zvezda with the tank design of ten ARC7 ice-breaking LNG Carriers

GTT has received a second order from the Russian shipyard Zvezda Shipbuilding Complex (Zvezda) for the tank design of ten ARC7 ice-breaking LNGCs1 on behalf of a Russian ship-owner. Each vessel will offer a capacity of 172,600 m3. GTT will design the tanks of the vessels, which will be fitted with...

https://www.hellenicshippingnews.com/gtt-entrusted-by-zvezda-with-the-tank-design-of-ten-arc7-ice-breaking-lng-carriers/

Global oil supply on slippery path as Covid continues to stunt demand

Global crude oil supply has taken a hit because of the Covid-19 pandemic, with production trailing by around 10 per cent in 2020 compared to the same month a year ago. The prolonged impact of the Covid-19 pandemic is evident from the International Energy Agency’s move to significantly lower its...

https://www.hellenicshippingnews.com/global-oil-supply-on-slippery-path-as-covid-continues-to-stunt-demand/