Green Marine
Goldenport in Takeover Talks
Greek shipowner Goldenport Holdings Inc. said that it has received an approach by a potential bidder which may lead to the company’s acquisition. “The Board of Goldenport Holdings Inc.notes the recent movement in its share price and confirms that it has received an approach by a potential bidder whi
Port of Saint Petersburg to Boost Cruise Offer
Russia’s Passenger Port of Saint Petersburg “Marine Façade” PLC and the St. Petersburg Committee on Development of Tourism have signed an agreement on developing St. Petersburg cruise and ferry tourism. The agreement defines the primary areas of cooperation in making St. Petersburg a more attractive
RINA Issues Open-Sea Crane Standards
Italy-based classification society RINA has launched new standards for cranes which will be used for transhipment of bulk cargoes at sea and has completely revised and rebased its rules for offshore cranes used in offshore construction, service and demolition. Under the new rules for lifting applian
Interactive Image: How to Deter Pirates
How well do you know what is being used to deter pirates attempting to board ships? The widespread vulnerability of modern ships is one of the primary reasons piracy has flourished in recent years. The spike in maritime crime has caused most vessels moving through piracy hotspots today to follow the
EU Extends Ban on Cruise Ship Calls at Crimean Peninsula
The European Union has extended a set of restrictions imposed on Russia, including a ban on European cruise ship calls at the Crimean peninsula and Sevastopol, until June 23, 2016. The ban on EU cruise ships visiting the region is part of a general prohibition which has been introduced against servi
Port of Taman to Get New Dry Bulk Facilities
Russia’s Rosneft has entered into a cooperation agreement with the country’s Ministry of Transport and the government of Krasnodar Territory to expand dry bulk facilities at the Black Sea Port of Taman. St.Petersburg International Economic Forum was used as a venue to kick off the project titled ”Cr
SCF Khibiny Runs Aground in Bosphorus
A 275 meter-long tanker has run aground at the Bosphorus anchorage while proceeding for operations during her southbound transit, GAC informed. The Suezmax tanker, identified by local media as SCF Khibiny, ran aground on June 18th near Istanbul, Turkey. According to the reports, the Liberia-flagged
Spotted: Smart Tina Tests Greenore Port’s New Depth
The MV Smart Tina has become the largest steel ship to ever call to Greenore following the completion of an extensive dredging project at this Irish port. The 38,900 dwt, 180-meter-long MV Smart Tina arrived yesterday morning from China as part of its maiden voyage. Greenore Port completed an extens
VIDEO: Liverpool2 on Track
Construction at the new USD 500 million container terminal being built at the Port of Liverpool has reached an advanced stage. Work to reclaim 12 hectares of land has passed the first stage with further infilling due to take place over the summer. The majority of 296 steel piles have been driven int
Moody’s Switches to Positive on CMA CGM
Rating agency Moody’s Investors Service has changed to positive from stable the outlook on the B1 corporate family rating (CFR), the B1-PD probability of default rating (PDR) and the B3 senior unsecured rating of French liner company CMA CGM S.A. Concurrently, Moody’s has affirmed the ratings assign
Global Watchdogs to Keep Closer Eye on Carrier Alliances
Monitoring of the ever growing shipping alliances warrants a closer contact and better communication between competition and regulatory authorities, the maritime regulatory authorities of the European Union, the People’s Republic of China and the United States said during a summit in Brussels yester
Nautilus Applauds Progress on Seafarer Rights
International maritime union Nautilus has welcomed news that the International Maritime Organisation (IMO) has agreed to provide expert help to boost the implementation of its 2006 guidelines on the fair treatment of seafarers after a maritime accident. The IMO’s legal committee agreed the expert he
Scorpio Bulkers Takes the “Poison Pill”
Scorpio Bulkers Inc.’s Board of Directors has adopted a one-year stockholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of the company’s common stock. The rights plan, commonly reffred to as the poison pill, is a defensive tactic
Maersk Line Scoops Global Carrier of the Year Award
Danish carrier Maersk Line has been named Global Carrier of the Year at the Containerisation International Awards 2015, for the second time in a row. The company also took home the Shippers’ Choice award, which is voted for by the global container shipping industry. The award comes following one of