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Coast Guard News

July 3, 2020
Hong Kong-based dry bulk shipping company Pacific Basin revealed a one-off non-cash impairment charge of $198 million on the group’s Handysize core fleet. The impairment charge relates to primarily its smaller and older Handysize vessels and will be reflected in its unaudited consolidated results for the first half of 2020. Including this impairment, Pacific Basin expected to record a net loss in the range of $212 million to $227 million as compared to the $8 million net profit recorded for the H1 of 2019. ... [Read More]
July 3, 2020
Hong Kong-based dry bulk shipping company Pacific Basin revealed a one-off non-cash impairment charge of $198 million on the group’s Handysize core fleet. The impairment charge relates to primarily its smaller and older Handysize vessels and will be reflected in its unaudited consolidated results for the first half of 2020. Including this impairment, Pacific Basin expected to record a net loss in the range of $212 million to $227 million as compared to the $8 million net profit recorded for the H1 of 2019. ... [Read More]
July 3, 2020
The European Sea Ports Organisation (ESPO) said it supports the initial aim of the EU taxonomy framework to encourage private investors to prioritise green and sustainable investments by providing them a clear manual with common definitions. ... [Read More]
July 3, 2020
The European Sea Ports Organisation (ESPO) said it supports the initial aim of the EU taxonomy framework to encourage private investors to prioritise green and sustainable investments by providing them a clear manual with common definitions. ... [Read More]
July 3, 2020
The European Sea Ports Organisation (ESPO) said it supports the initial aim of the EU taxonomy framework to encourage private investors to prioritise green and sustainable investments by providing them a clear manual with common definitions. ... [Read More]
July 3, 2020
The Government of Canada has issued an advance contract award notice (ACAN), signalling its intention to purchase the motor vessel Villa de Teror as an interim measure to replace the ferry MV Madeleine. ... [Read More]
July 3, 2020
The Government of Canada has issued an advance contract award notice (ACAN), signalling its intention to purchase the motor vessel Villa de Teror as an interim measure to replace the ferry MV Madeleine. ... [Read More]
July 3, 2020
The Government of Canada has issued an advance contract award notice (ACAN), signalling its intention to purchase the motor vessel Villa de Teror as an interim measure to replace the ferry MV Madeleine. ... [Read More]
July 3, 2020
Australian trade gateway Port of Newcastle is moving to 100% renewable energy by 2021 and is continuing to transition all its vehicles to electric by 2023. The port has joined other six Hunter institutions that will advocate for and drive local adoption of the United Nations’ (UN) Sustainable Development Goals (SDGs). The group members include the Port of Newcastle, City of Newcastle, Compass Housing Services, Hunter Water, Kumalie, Port Waratah Coal Services, and the University of Newcastle.... [Read More]
July 3, 2020
Australian trade gateway Port of Newcastle is moving to 100% renewable energy by 2021 and is continuing to transition all its vehicles to electric by 2023. The port has joined other six Hunter institutions that will advocate for and drive local adoption of the United Nations’ (UN) Sustainable Development Goals (SDGs). The group members include the Port of Newcastle, City of Newcastle, Compass Housing Services, Hunter Water, Kumalie, Port Waratah Coal Services, and the University of Newcastle.... [Read More]
July 3, 2020
Australian trade gateway Port of Newcastle is moving to 100% renewable energy by 2021 and is continuing to transition all its vehicles to electric by 2023. The port has joined other six Hunter institutions that will advocate for and drive local adoption of the United Nations’ (UN) Sustainable Development Goals (SDGs). The group members include the Port of Newcastle, City of Newcastle, Compass Housing Services, Hunter Water, Kumalie, Port Waratah Coal Services, and the University of Newcastle.... [Read More]
July 3, 2020
Five crew members of a general cargo ship Kota Budi have been kidnapped by armed men off Cotonou, Benin, Dryad Global said citing a high confidence source. The kidnapped crew, including the master, are all Chinese nationals. The multipurpose vessel, built in 2013, is owned and operated by Singapore’s Pacific International Lines (PIL). PIL confirmed the incident to Offshore Energy-Green Marine.... [Read More]
July 3, 2020
Five crew members of a general cargo ship Kota Budi have been kidnapped by armed men off Cotonou, Benin, Dryad Global said citing a high confidence source. The kidnapped crew, including the master, are all Chinese nationals. The multipurpose vessel, built in 2013, is owned and operated by Singapore’s Pacific International Lines (PIL). PIL confirmed the incident to Offshore Energy-Green Marine.... [Read More]
July 3, 2020
Five crew members of a general cargo ship Kota Budi have been kidnapped by armed men off Cotonou, Benin, Dryad Global said citing a high confidence source. The kidnapped crew, including the master, are all Chinese nationals. The multipurpose vessel, built in 2013, is owned and operated by Singapore’s Pacific International Lines (PIL). PIL confirmed the incident to Offshore Energy-Green Marine.... [Read More]
July 3, 2020
Eleven years ahead of schedule, Taiwanese shipping company Yang Ming Marine Transport Corporation managed to accomplish the International Maritime Organization (IMO) target of reducing carbon intensity by at least 40 per cent by 2030. ... [Read More]
July 3, 2020
Eleven years ahead of schedule, Taiwanese shipping company Yang Ming Marine Transport Corporation managed to accomplish the International Maritime Organization (IMO) target of reducing carbon intensity by at least 40 per cent by 2030. ... [Read More]
July 3, 2020
Eleven years ahead of schedule, Taiwanese shipping company Yang Ming Marine Transport Corporation managed to accomplish the International Maritime Organization (IMO) target of reducing carbon intensity by at least 40 per cent by 2030. ... [Read More]

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