Green Marine
Drewry: Container Lines in for Three Years of Overcapacity Pain
Slowing global trade and a bloated orderbook of large vessel capacity mean that container shipping is set for another three years of overcapacity and financial pain, according to the latest Container Forecaster report published by global shipping consultancy Drewry. The recent slowdown in world trad
Drewry: Container Lines in for Three Years of Overcapacity Pain
Slowing global trade and a bloated orderbook of large vessel capacity mean that container shipping is set for another three years of overcapacity and financial pain, according to the latest Container Forecaster report published by global shipping consultancy Drewry. The recent slowdown in world trad
TEN Bags USD 100 Mln in New Charters
Tanker operator Tsakos Energy Navigation Ltd. has entered into charter agreements for three of its LR2 Aframax tankers with an unnamed major European oil concern for crude trading operations. The charters last on average of 36-months per vessel and the total gross revenues from these three fixtures
TEN Bags USD 100 Mln in New Charters
Tanker operator Tsakos Energy Navigation Ltd. has entered into charter agreements for three of its LR2 Aframax tankers with an unnamed major European oil concern for crude trading operations. The charters last on average of 36-months per vessel and the total gross revenues from these three fixtures
Statoil: Oil Spills in the North Sea
Norwegian oil and gas major Statoil has reported that an undetermined amount of oil leaked into the North Sea this morning during tanker loading operations at the Statfjord A platform. The oil spill was observed in the sea close to the OLS B loading buoy, while the tanker “Hilda Knutsen” was being l
Statoil: Oil Spills in the North Sea
Norwegian oil and gas major Statoil has reported that an undetermined amount of oil leaked into the North Sea this morning during tanker loading operations at the Statfjord A platform. The oil spill was observed in the sea close to the OLS B loading buoy, while the tanker “Hilda Knutsen” was being l
Marshall Islands: Sekimizu’s View on CO2 Emissions Danger to the Planet
The Republic of the Marshall Islands has expressed great concern over the outgoing Secretary-General of the IMO, Koji Sekimizu’s call to global leaders at COP21 not to intervene and not to insist that the IMO sets a clear and ambitious sector target for shipping. “His call is not just a danger to th
Marshall Islands: Sekimizu’s View on CO2 Emissions Danger to the Planet
The Republic of the Marshall Islands has expressed great concern over the outgoing Secretary-General of the IMO, Koji Sekimizu’s call to global leaders at COP21 not to intervene and not to insist that the IMO sets a clear and ambitious sector target for shipping. “His call is not just a danger to th
Kalmar Returns to Cartagena
Finnish port equipment manufacturer Kalmar has won an order for 23 rubber-tyred gantry cranes (RTGs) and 79 Kalmar Ottawa T2 terminal tractors from Colombia’s Sociedad Portuaria Region de Cartagena S.A. (SPRC) and Terminal de Contenedores de Cartagena S.A. (Contecar), both owned and managed by Port
Kalmar Returns to Cartagena
Finnish port equipment manufacturer Kalmar has won an order for 23 rubber-tyred gantry cranes (RTGs) and 79 Kalmar Ottawa T2 terminal tractors from Colombia’s Sociedad Portuaria Region de Cartagena S.A. (SPRC) and Terminal de Contenedores de Cartagena S.A. (Contecar), both owned and managed by Port
Update: Plans to Salvage Sunken Dutch Freighter Kicked Off
Dutch shipping company Flinter has started talks with salvage and insurance companies to salvage the general cargo ship Flinterstar which sank Tuesday morning after colliding with the LNG tanker Al-Oraiq in the North Sea, some 6 miles off the Belgian port of Zeebrugge. Flinter confirmed that all cre
Update: Plans to Salvage Sunken Dutch Freighter Kicked Off
Dutch shipping company Flinter has started talks with salvage and insurance companies to salvage the general cargo ship Flinterstar which sank Tuesday morning after colliding with the LNG tanker Al-Oraiq in the North Sea, some 6 miles off the Belgian port of Zeebrugge. Flinter confirmed that all cre
Greece to Push Back Port Piraeus Sale
Early parliamentary elections held in Greece in September are expected to postpone the sale of a majority stake in the country’s biggest seaport by several weeks, Reuters reports. Greece will put off the sale of the port of Piraeus as the country’s ministries were overwhelmed by activities in relati
Greece to Push Back Port Piraeus Sale
Early parliamentary elections held in Greece in September are expected to postpone the sale of a majority stake in the country’s biggest seaport by several weeks, Reuters reports. Greece will put off the sale of the port of Piraeus as the country’s ministries were overwhelmed by activities in relati