Mariner's Choice tackles greenhouse gas emissions with EPA registered products

Source: MarketWatch
Mariner's Choice International, Inc.has developed a range of Environmental Protection Agency registered MC-Marine fuel catalysts, which it claims address concerns over Greenhouse Gas emissions. In addition to reducing emissions, the company claims that the use of MC-Marine fuel catalysts can reduce operating cost per hour by 20%-30%, and realize increased profitability for cruise lines, shipping companies, work and crew boats.

Ship finance cash crisis to worsen in second half

Source: Lloyd's List
Shipowners are warning of potential difficulties in financing the massive newbuilding orderbook over the next few years as funding dries up. Last year saw 412 global shipping deals worth a total of $87.7bn. By July 7 this year there had been just 104 global shipping deals worth $24.9bn.