Green Marine
2015 Offshore WIND Vessel Directory to Be Launched at Seawork
The 2015 edition of the Offshore WIND Vessel Directory will be launched on Tuesday 16th June during Seawork International in Southampton. The Vessel Directory is a new publication from the Offshore WIND group of products. This year’s edition builds upon the previous overview of operating wind farm s
FreeSeas Takes Majority Stake in New Tanker Company
Nasdaq-listed owner of Handysize vessels FreeSeas Inc. has acquired a 51% controlling stake in the newly formed Standcorp International Limited that will engage in the commercial operation of product and crude oil tankers. The rest of the Standcorp’s shares are owned by non-affiliated entities assoc
Singapore Top Maritime City in the World
Singapore is the leading maritime city of the world, according to the recent report issued by Norwegian consultancy firm Menon. The report benchmarks the top maritime cities around the world in four maritime sectors: shipping, finance and law, technology, and ports and logistics. It also presents an
Navios Wraps Up 14-Ship Deal with HSH Nordbank
Navios Maritime Holdings, Navios Maritime Acquisition Corporation and Navios Maritime Partners have closed the transaction for the acquisition of 14 vessels from debtors of Germany’s HSH Nordbank AG (HSH), as well as formed a jointly-owned company to manage the vessels dubbed Navios Europe (II) Inc.
MSC Plans Asia-Europe Services Revamp to Improve Reliability
Mediterranean Shipping Company (MSC), world’s second largest container line and Maersk Line’s partner in the 2M vessel sharing alliance, plans to optimise all of its Asia-Europe services in an effort to improve its schedule reliability. Over the next several months the Swiss carrier plans to progres
Drewry: Thriving Products Market Attracts Chemical Tanker Swingers
Chemical shipping faces another tough year, but prospects are improving thanks to the strength of the product tanker market which is attracting a growing number of swing ships out of chemicals into products, according to the latest edition of the Chemical Forecaster, published by global shipping con
CalMac and Serco to Bid for Clyde and Hebrides Tender
CalMac Ferries Limited and Serco Caledonian Ferries Limited have been invited to take part in the next stage of the tender for the Clyde and Hebrides Ferry Services (CHFS) contract, Scottish Minister for Transport and Islands Derek Mackay said. The two operators have both passed the pre-qualificatio
Study: Switch From HFO to Diesel Not Enough to Save Our Lungs
Measures taken so far to reduce exhaust fumes from ship engines by replacing heavy fuel oil (HFO) with diesel fuel (marine gas oil, MGO), were shown to be insufficient to reduce acute adverse health effects on humans, German researchers claim, recommending the installation of filtration devices as a
Scorpio Bulkers to Launch USD 230 Million Common Stock Offering
The NYSE-listed dry bulk specialist Scorpio Bulkers intends to offer, issue and sell up to USD 200 million of its common stock, par value USD 0.01 per share, through an underwritten public offering. All or substantially all of the net proceeds of the offering are expected to be used to fund installm
Report: Commercial Pressures Put OSV Crews at Risk
Some 50% of crews working on offshore support vessels (OSVs) are willing to compromise safety rather than say ‘no’ to clients or senior management, while nearly 80% believe commercial pressures could influence the safety of their working practices, according to a report commissioned by operations an
ECSA: TTIP Must Lift US Restrictions on EU Operators
The proposed Transatlantic Trade and Investment Partnership (TTIP) should meaningfully address and remove the current US restrictions on European maritime transport services as a result of US legislation, including restrictions under the so-called ‘Jones Act,’ European Community Shipowners’ Associat
InterManager to Look into Minimum Manning Levels
InterManager, the international trade association of ship managers, has set its sights on examining two key areas which could have significant benefits for the shipping industry. First in its list of priorities is an investigation of minimum manning levels for different types of vessels trading on d
Ferry Crewman Dies off Montenegro
One sailor has died and three had to be hospitalized following a suspected fume poisoning on board the Greek ferry Horizon late Friday near the Montenegro’s Adriatic coast. The deceased sailor is said to be from Sri Lanka, whereas the three remaining crew members of the ferry are reported to be from
APM Terminals Identifies Top 5 Challenges for Container Port Industry
The five biggest challenges the container port industry is facing are better safety performance, greater operational complexity as a result of much bigger ships, managing congestion risk, staying profitable though shipping line economic cycles, and doing more with less space, Dutch terminal operator