Green Marine
UASC Boxship Catches Fire at Port of Hamburg
Firefighting crews were called in to intervene today at the Port of Hamburg after one of the containers on the 13,500 TEU MS Alula caught fire early this morning, according to the official web site of the city of Hamburg. The 2012-built MS Alula, operated by United Arab Shipping Company (UASC), was
UASC Boxship Catches Fire at Port of Hamburg
Firefighting crews were called in to intervene today at the Port of Hamburg after one of the containers on the 13,500 TEU MS Alula caught fire early this morning, according to the official web site of the city of Hamburg. The 2012-built MS Alula, operated by United Arab Shipping Company (UASC), was
Hundreds Feared Dead after Boat Carrying Migrants Sinks off Libya
Around 200 people are missing and feared dead after an overcrowded boat carrying African migrants across the Mediterranean capsized off the coast of Libya on Thursday, Reuters reports. The boat was carrying around 400 people when it sank off the town of Zurawa, Reuters cited a Libyan security office
Hundreds Feared Dead after Boat Carrying Migrants Sinks off Libya
Around 200 people are missing and feared dead after an overcrowded boat carrying African migrants across the Mediterranean capsized off the coast of Libya on Thursday, Reuters reports. The boat was carrying around 400 people when it sank off the town of Zurawa, Reuters cited a Libyan security office
Cosco Pacific Increases Profit Despite Weaker Euro
Hong Kong-based container terminal operator Cosco Pacific Limited, part of Cosco Group, saw a 5% dip in revenue from its terminals business for the first six months of 2015, mainly attributed to the depreciation of the Euro which led to a decrease in revenue from Piraeus Terminal in Greece. The perf
Cosco Pacific Increases Profit Despite Weaker Euro
Hong Kong-based container terminal operator Cosco Pacific Limited, part of Cosco Group, saw a 5% dip in revenue from its terminals business for the first six months of 2015, mainly attributed to the depreciation of the Euro which led to a decrease in revenue from Piraeus Terminal in Greece. The perf
Finnlines Returns to Wartsila for More Scrubbers
Finnish shipping company Finnlines Plc, part of the Grimaldi Group, has entered into a repeat order with Wärtsilä to supply exhaust gas cleaning systems for three Finnlines vessels. This is a repeat order as in 2014 Finnlines placed a similar contract to have six of its ships fitted with Wärtsilä’s
Finnlines Returns to Wartsila for More Scrubbers
Finnish shipping company Finnlines Plc, part of the Grimaldi Group, has entered into a repeat order with Wärtsilä to supply exhaust gas cleaning systems for three Finnlines vessels. This is a repeat order as in 2014 Finnlines placed a similar contract to have six of its ships fitted with Wärtsilä’s
MacGregor Hatlapa to Cull up to 100 Jobs
Cargotec’s MacGregor is planning to lay off around 100 employees at MacGregor Uetersen site in Germany by year’s end, citing weak market demand as the main reason behind the layoffs. MacGregor says that market situation has deteriorated due to the low oil price and low number of new merchant ship or
MacGregor Hatlapa to Cull up to 100 Jobs
Cargotec’s MacGregor is planning to lay off around 100 employees at MacGregor Uetersen site in Germany by year’s end, citing weak market demand as the main reason behind the layoffs. MacGregor says that market situation has deteriorated due to the low oil price and low number of new merchant ship or
Odfjell Posts Best Quarterly Performance since 2008
Norwegian shipping and tank terminal company Odfjell said that it has posted the best quarterly operational performance in the second quarter of 2015 since the third quarter of 2008, with a net result of USD 7 million. “During second quarter we have seen a steady improvement of the chemical tanker m
Odfjell Posts Best Quarterly Performance since 2008
Norwegian shipping and tank terminal company Odfjell said that it has posted the best quarterly operational performance in the second quarter of 2015 since the third quarter of 2008, with a net result of USD 7 million. “During second quarter we have seen a steady improvement of the chemical tanker m
Chartering of LNG Shipping Weakens Further in Q2
The market for chartering of LNG shipping deteriorated further during the second quarter of 2015, Golar LNG said in its second quarter business results. As explained, chartering activity and rates both remained low for much of April and May. During the latter half of May and into June the number of
Chartering of LNG Shipping Weakens Further in Q2
The market for chartering of LNG shipping deteriorated further during the second quarter of 2015, Golar LNG said in its second quarter business results. As explained, chartering activity and rates both remained low for much of April and May. During the latter half of May and into June the number of