Green Marine
Engie Books 23 Million Tons of LNG from Yamal Project
French energy distribution company Engie (formerly GDF Suez) and Russia’s Novatek have signed a sales and purchase agreement for one million tons of LNG from the Yamal LNG project annually, over a 23-year period starting from 2018. This represents 14 cargoes per year which will be delivered from Yam
Environmentalists: IMO Must Establish GHG Emissions Cap by 2016
A number of environmental non-governmental organizations have expressed their concern over the failure of the international community to control greenhouse gas emissions from international shipping, saying that the International Maritime Organisation must set out global emissions reduction target by
Wärtsilä 31 Engine Enters Guinness
Finland’s Wärtsilä has reported that its recently launched Wärtsilä 31 engine has won a Guinness World Records title for the most efficient 4-stroke diesel engine. The listing is based on the Wärtsilä 31 engine’s highest fuel efficiency levels, with its diesel fuel consumption being as low as 165 g/
Smaller Ships Prove Popular in New Services
The intra-Far East trade will continue to power the demand for containerships this year, as carriers develop further regional services within East Asia, said shipping analyst Alphaliner. By the end of June, at least 33 new intra-Far East weekly loops will have been launched, based on Alphaliner reco
APM Terminals Sticks to Black Sea Mega Port Plans
Dutch-headquartered container terminal operator APM Terminals is proceeding with its plans to develop Georgia’s Poti Seaport into a mega-hub for the Caucasus and Central Asia region, APM Terminals Poti Deputy Managing Director Joseph Crowley said during the 4th Annual Black Sea Ports and Shipping Co
Diana Charters Out Newcomer
Athens-based dry bulk specialist Diana Shipping Inc. has through a separate wholly-owned subsidiary took delivery of the m/v Medusa (formerly ”Torm Island”), a 2010-built Kamsarmax dry bulk vessel of 82,194 dwt that the company entered into an agreement to purchase in April 2015. Diana also announce
Norway Eases Cabotage Rules
The Norwegian government has presented a new proactive maritime strategy, acknowledging the government-appointed work group’s advice on a revised net wage scheme, and relaxing of cabotage rules in NIS governing foreign short sea shipping, foreign-going ferries, and the Norwegian Continental Shelf, N
Radio Holland Pens 13-Vessel Service Deal with BWFM
Radio Holland, part of Imtech Marine, has concluded a service agreement with BW Group’s internal provider of ship management and newbuilding services, BW Fleet Management (BWFM). The two-year agreement covers all the navigation and communication equipment on board 13 LPG vessels. Radio Holland also
ECSA/ETF: EU Should Increase Attractiveness of Seafaring Career
The European Union should provide lifelong career prospects in the maritime industry and maritime clusters and facilitate career progression from rating to officer jobs as well as labour mobility in the maritime industries throughout Europe, the European Social Partners for Maritime Transport said i
Image of the Day: Arklow Venus Sails into Port of Belfast
Arklow Venus, a 89.75m cargo ship registered in the Netherlands, is shown on today’s image entering the Port of Belfast, the UK last week. She was built in 2000 by the Netherlands-based Pattje Shipyard B.V. and classified by Bureau Veritas. Arklow Venus is powered by MaK 6M25 1499kW engine, with gea
Rickmers Holding Takes New Corporate Form
Rickmers Holding GmbH & Cie. KG, parent of the shipping company Rickmers Group, is to become a stock corporation according to a decision made at today’s shareholders’ meeting. The entry in the Commercial Register of the new corporate form is expected to take place by the end of June 2015. Following
Over 5,000 People Saved in Biggest Wave of Migrants in 2015
Over 5,000 migrants have been saved in the Central Mediterranean since Friday, according to the EU’s border control agency Frontex. The rescue operations, which began last Friday, involved migrants who departed from Libya on 25 boats. During the incidents, the rescuers also recovered seventeen bodie
Disabled Tanker Allowed into Las Palmas for Repairs
Fire-stricken Aframax Lady-M arrived into the port of Las Palmas, Canary Islands on Sunday having been given a special permission to enter port. The Liberian-flagged tanker, loaded with 94,000 tonnes of fuel, suffered a fire in its engine room on May 14 in the Atlantic while en route from Persian Gu
Norsepower: Wind Propulsion Cuts Fuel Costs
Norsepower Oy Ltd. and Bore Ltd have repported a successful sea trial of Norsepower’s Rotor Sail Solution, a new wind propulsion technology for ships. The sea trials, verified by NAPA and supported by VTT Technical Research Centre of Finland, confirm fuel savings of 2.6% using a single small Rotor S