Germany’s MST fined $3.2m over US oil pollution
Previously convicted shipowner committed environmental crimes while on probation.
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Daily Briefing November 5 2018
Aegean Marine Petroleum reveals huge fraud losses | EU urged to end special treatment for container line alliances | Iran’s…
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EDF Sells Stake Dunkirk LNG Terminal
European electric utility company Électricité de France (EDF) group has sold its stake in the Dunkirk liquefied natural gas (LNG) terminal, after obtained the requisite regulatory approvals.According to a press release from the integrated…
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Fitch Warns: Shippers’ Costs and Capex may Increase
More stringent fuel regulations regarding sulphur content could significantly increase global shipping companies’ operating costs and capex needs, says Fitch Ratings in a new report.”This may negatively affect their credit quality unless they manage to…
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Ship to Shore Crane Blasted in San Juan
A heavily corroded 180-foot ship to shore crane was demolished last week in a rare crane toppling event in San Juan.”The crane needed to be demolished as it was heavily corroded and SSA International (a stakeholder of the port in San Juan)…
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