Kirby to acquire Savage tank barge and towboat fleet The company said it will pay $278 million in cash and the assumption of leases for fleet consisting of 90 inland tank barges with approximately 2.5 million barrels of capacity and 46 inland towboats. Full Article

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The transition to low sulphur fuels has so far been smooth, thanks to the efforts of shipping industry stakeholders in preparing for the change, which entered into force on January 1st this year.

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Welcome to the first of PEMSEA’s 2020 e-updates. We would like to open the year by sharing information about our SEA Knowledge Bank (SEAKB), which had its contents and features expanded in 2019. The High Level Panel for the Sustainable Ocean Economy has released the first two of its Blue Paper Reports, The future of food from the sea and The expected impacts of climate change on the ocean economy. The climate change paper is timely, given the past 10 years were the hottest in history.

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Seafloatech and Perfect Moorings sign a commercial cooperation agreement for the promotion of marine floating modules and the development of projects in France and Italy.

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International Seaways in $340 million green financing deal Tanker giant secures Poseidon Principles credit deal that links interest rates to success in meeting IMO GHG reduction target. Full Article

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The Bahamas Maritime Authority (BMA) has underlined its commitment to servicing the needs of its clients by appointing Captain Steve Bomgardner as a Regional Director and Business Development Director.

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The St Kitts and Nevis International Ship Registry (SKANReg) has created efficiencies in the way it operates by launching a range of electronic certificates it says will not only speed up the registration process but help in the industry’s efforts to reduce its carbon footprint.

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USCG: Search suspended for three missing since double towboat collision Coast Guard crews searched over 835 nautical miles for approximately 67 hours, but were unable to find the three mariners missing from towboat RC Creppel following collision with Cooperative Spirit. Full Article

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