Green Marine
Capital Product Partners Fixes Two Boxships
Greek shipping company Capital Product Partners has signed charter employments for its two 8,266 TEU container carriers M/V Agamemnon and M/V Archimidis with an undisclosed client. The 108,892 dwt vessels, built by South Korean Daewoo Shipbuilding & Marine Engineering in 2007 and 2006, have been cha
IRISL Coming Back to Europe by End of the Month
Islamic Republic of Iran Shipping Lines (IRISL) plans to return to Europe before the end of this month, with HDS Lines ready to launch a full container service connecting Iran with Northern Europe and the Mediterranean, Alphaliner said. The loop will see the first calls of Iranian-flagged vessels in
Greek Port Strikes Get Prolonged
A new 24 hour general strike has been announced in Greece on 4 February by both public and private sector unions, while the Seamen’s Union is scheduling another 48 hour strike on the same date, according to Inchcape Shipping Services (ISS). The action is expected to affect the routes of domestic and
Chamber President Calls for Tangible Reform of UK Ship Register
The government of the United Kingdom needs to deliver “real and tangible reform” of the UK Ship Register, UK Chamber of Shipping President, Tom Boardley stressed while speaking at the UK Chamber Annual Dinner. Boardley voiced the urgent need for substantial changes if the UK Flag is to remain compet
Zenith Energy Buys Storage Terminal Facility in Amsterdam
Liquids and bulk terminaling company Zenith Energy has signed an agreement to acquire a liquids storage terminal facility in Amsterdam from BP plc. Zenith expects to take ownership of the terminal by the end of Q1 2016, following a transition process. Terms of the transaction were not disclosed. The
World’s Largest Asphalt Carrier to Sail Under BV Class
French classification society Bureau Veritas is classing the 37,000 dwt asphalt carrier Asphalt Splendor, recently delivered to US-based transport company Sargeant Marine. Asphalt Splendor can carry hot liquid asphalt at temperatures up to 170 degrees C in sixteen independent tanks with a total capa
VIDEO: Cargo Vessel Towed to Safety after Engine Breakdown
A UK-flagged general cargo vessel Verity, which was left adrift off North Devon coast after its engine failed in inclement weather, has been towed to Swansea for repairs, according to the Royal National Lifeboat Institution (RNLI). The 300 foot cargo vessel, crewed by seven people, lost propulsion o
Eimskip Hammers Out Wage Deal, Dodges Strike
Senior officers aboard Eimskip vessels have postponed their announced strike until mid February having reached a collective agreement with Eimskip on Monday night. The strike has been put on hold to allow for the workers’ unions to vote on the proposed new agreement. Up to 100 workers were threateni
MSC Cruises Confirms Option for Two More Cruise Ships
Geneva-based cruise giant MSC Cruises has confirmed orders for two more cruise vessels to be built by STX France’s shipyard in Saint Nazaire, according to the cruise company. The announcement was made during the coin ceremony for the MSC Meraviglia, held at the shipyard on Monday The deal for the tw
Update: Modern Express’ Grounding Avoided, Ship Heading to Bilbao
The danger of grounding of the ill-fated car carrier Modern Express has been avoided as the ship has been towed away from the French coast, French Maritime Authority said. Namely, based on the latest update, the ship is currently some 65 kilometers off the coast, towed west by Spanish tug Centaurus
Star Bulk Carriers Disposes of Another Capesize
Athens-based dry bulk shipping company Star Bulk Carriers has decided to sell its 181,433 dwt Capesize vessel MV Obelix to an undisclosed buyer for a price tag of USD 23.3 million. The 2011-built bulker is expected to join its new fleet during the first half of 2016. According to Star Bulk, a portio
Cargotec Picks China for Its ASC Business
Chinese Rainbow Cargotec Industries (RCI), a Sino-foreign joint venture between Jiangsu Rainbow Heavy Industries (RHI) and Cargotec Corporation, will expand its cooperation with Finnish port automation solutions provider Kalmar. Under the cooperation plan, RCI would take over the automatic stacking
TOP Ships Takes Newbuild, Gets Nasdaq Warning
Nasdaq-listed tanker owner TOP Ships Inc. took delivery of the M/T Eco Revolution, a 39,000 dwt “ECO” MR product tanker, the fourth of six vessels under construction in the company’s fleet. The remaining two vessels are scheduled for delivery in the second and third quarter of 2016. The M/T Eco Revo
Western Bulk Unloads Its Chartering Business
Norwegian dry bulk operator Western Bulk ASA has sold its wholly-owned subsidiary Western Bulk Chartering in an attempt to stay financially viable. “The company is exposed to an increasingly challenging market situation with dramatically low dry bulk charter rates and guarantees granted by group com