Green Marine
UK High Court Rules in Favor of OW Bunker
The English High Court has upheld the arbitration ruling according to which the fuel supply contract between Greek shipowner Product Shipping & Trading with bankrupt fuel supplier OW Bunker was determined valid. The arbitration tribunal decided that OW and their assignees ING Bank N.V. were entitled
UK High Court Rules in Favor of OW Bunker
The English High Court has upheld the arbitration ruling according to which the fuel supply contract between Greek shipowner Product Shipping & Trading with bankrupt fuel supplier OW Bunker was determined valid. The arbitration tribunal decided that OW and their assignees ING Bank N.V. were entitled
Minerva Marine Denies Arrest of Its Ras Lanuf-Bound Tanker
Greece-based tanker operator Minerva Marine denied media reports that its 2000-built tanker Minerva Alexandra had been arrested in Libya’s Ras Lanuf. The Greece-flagged crude oil tanker Minerva Alexandra together with Panama-flagged oil tanker Trident Hope were bound for Ras Lanuf port, home to Liby
Minerva Marine Denies Arrest of Its Ras Lanuf-Bound Tanker
Greece-based tanker operator Minerva Marine denied media reports that its 2000-built tanker Minerva Alexandra had been arrested in Libya’s Ras Lanuf. The Greece-flagged crude oil tanker Minerva Alexandra together with Panama-flagged oil tanker Trident Hope were bound for Ras Lanuf port, home to Liby
Maersk’s Behemoth Named at Felixstowe
The 18,000 TEU mega ship, the Triple-E class Marchen Maersk, has been officially named in a ceremony at the Port of Felixstowe, the Port of Britain. The vessel is one of the biggest container ships in the world, operated by Maersk Line on its Asia-Europe service. The naming ceremony was performed by
Maersk’s Behemoth Named at Felixstowe
The 18,000 TEU mega ship, the Triple-E class Marchen Maersk, has been officially named in a ceremony at the Port of Felixstowe, the Port of Britain. The vessel is one of the biggest container ships in the world, operated by Maersk Line on its Asia-Europe service. The naming ceremony was performed by
VIDEO: How to Load Navy Ships on a Heavy Lift Vessel?
We have often seen ships being loaded with different types of cargo, but have you ever seen a ship being loaded with two other ships? Today’s video shows MV Jubilee, Jumbo Shipping’s heavy lift vessel, performing exactly that operation. The ship has loaded two French Navy’s 600-ton minehunters on bo
VIDEO: How to Load Navy Ships on a Heavy Lift Vessel?
We have often seen ships being loaded with different types of cargo, but have you ever seen a ship being loaded with two other ships? Today’s video shows MV Jubilee, Jumbo Shipping’s heavy lift vessel, performing exactly that operation. The ship has loaded two French Navy’s 600-ton minehunters on bo
Platts: Tankers Leave Ceyhan after Order Cancellations
Nine of the 14 tankers nominated by Iraq’s State Oil Marketing Organization (SOMO) have departed from the Turkish port of Ceyhan, having been left stranded at the anchorage with their orders cancelled, Platts informed citing daily terminal status reports from Monday. It is expected that five more ta
Platts: Tankers Leave Ceyhan after Order Cancellations
Nine of the 14 tankers nominated by Iraq’s State Oil Marketing Organization (SOMO) have departed from the Turkish port of Ceyhan, having been left stranded at the anchorage with their orders cancelled, Platts informed citing daily terminal status reports from Monday. It is expected that five more ta
Dynagas LNG Plans Public Offering to Boost Fleet
NYSE-listed owner and operator of LNG carriers, Dynagas LNG Partners, has priced its public offering of 3 million of its 9.0% Series A cumulative redeemable preferred units, representing limited partner interests, at USD 25 per unit. The company has granted the underwriters a 30-day option to purcha
Dynagas LNG Plans Public Offering to Boost Fleet
NYSE-listed owner and operator of LNG carriers, Dynagas LNG Partners, has priced its public offering of 3 million of its 9.0% Series A cumulative redeemable preferred units, representing limited partner interests, at USD 25 per unit. The company has granted the underwriters a 30-day option to purcha
SMT Validation Project Backed by EU
The Sea Traffic Management Validation Project, an offshoot of the MONALISA projects focusing on route planning, has secured EUR 21 million (USD 23.1 million) in financial support from the European Union within a Motorways of the Sea project. Sea Traffic Management (STM) is a methodology sought to de
SMT Validation Project Backed by EU
The Sea Traffic Management Validation Project, an offshoot of the MONALISA projects focusing on route planning, has secured EUR 21 million (USD 23.1 million) in financial support from the European Union within a Motorways of the Sea project. Sea Traffic Management (STM) is a methodology sought to de