Green Marine
UASC Orders Reefers for New North Europe – US East Coast Service
Middle Eastern container carrier United Arab Shipping Company (UASC) has ordered 3,500 reefer containers for its newly launched North Europe – US East Coast (NEU1) service. The service consists of a weekly sailing making five direct port calls in North Europe to the principle ports of Le Havre, Antw
LNG Barge Performs First Cruise Ship Cold Ironing in Europe
The LNG hybrid barge Hummel provided the so-called ”cold ironing” (providing shoreside electrical power) to its first cruise ship – the AIDAsol – berthed at the Port of Hamburg on May 30. Becker Marine Systems’ barge provided 7.5 megawatts of low-emission power to AIDAsol during its layover at port.
Readers’ Picks of the Week (25-29 of May)
Response to Purple Beach Fire Resumes Salvage operation of the Purple Beach freighter off Germany has entered its fifth day today with three ships back at the scene ready to reduce the remaining cloud of smoke coming out of the … Read more Maersk Karachi Ablaze at Bremerhaven Port The 300-meter cont
Svitzer Enters Brazilian Towage Market
Maersk’s towage business arm Svitzer has taken a controlling stake in Brazilian towage operator Transmar Servicios Maritimos thus entering the Brazilian market for the first time within its strategic objective of growing emerging markets. “Brazilian towage market features sizeable pockets of underse
Update: Response to Purple Beach Fire Resumes
Salvage operation of the Purple Beach freighter off Germany has entered its fifth day today with three ships back at the scene ready to reduce the remaining cloud of smoke coming out of the cargo space. According to Germany’s Central Command for Maritime Emergencies (CCME), the water already applied
Ship Finance Takes 27.7 Pct Ownership Stake in Frontline
Frontline Ltd. has entered into a heads of agreement to reduce long term charters with Ship Finance International Limited in exchange for 27.7 stake in the company. A subsidiary of Frontline has 17 vessels on charter from Ship Finance with an average remaining charter period of 7.7 years. The new ag
Danish-Flagged Fleet Larger than Ever
The merchant fleet sailing under the Danish flag has become bigger than ever reaching 14.6 million tonnes GT – or 16.6 million dead weight tonnes (DWT) in April 2015, according to the Danish Shipowners’ Association. In January 2014 the gross tonnage was 12.3 million GT. The increase comes despite gr
EUROGATE Bremerhaven Welcomes New Transatlantic Service
EUROGATE Container Terminal Bremerhaven has received a new weekly transatlantic service, jointly launched by shipping lines CMA CGM, Hamburg Süd and United Arab Shipping Company (UASC). The new pendulum service that links Asia, the Caribbean, the US East coast and Northern Europe was inaugurated in
MarineTraffic: Shipping Industry Can Benefit from Open Data
MarineTraffic, a global AIS vessel tracking service, believes that open data can positively increase the competitiveness and efficiency of the shipping industry. Speaking at the Union for the Mediterranean stakeholder conference, “Towards a Roadmap for Blue Investment and Jobs in the Mediterranean”
Environmentalists Call On Greece to Curb Pollution from Ships
Several key environmental NGOs working on sustainable shipping have met with Greek and European policy makers to discuss concerns related to the shipping industry’s high emissions, marine pollution and poor shipbreaking practices, saying that Greece as one of the largest shipping nations has a parti
DNV GL Appoints Remi Eriksen as New CEO
International certification body and classification society DNV GL has decided to promote from within and chose Remi Eriksen to be the successor of the company’s current Group President and CEO Henrik O. Madsen, who is retiring on August 1. Eriksen joined DNV in 1993, and currently holds the positio
Danish Shipping Companies Did Well in 2014
Danish shipping companies did well in 2014 despite very difficult market conditions. However, 2015 started off with the lowest freight rates ever recorded and a massive overcapacity in many segments, Danish Shipowners’ Association said. Positive economic trends emerged in Europe – the primary region
CMA CGM Returns to Bustling Baltimore Port
World’s third largest container carrier CMA-CGM of France has announced that it will begin service to the Helen Delich Bentley Port of Baltimore, USA, within the next couple of weeks. The Port of Baltimore has been added to CMA-CGM’s Liberty Solo service which also includes visits to ports in Rotter
LNG Shipping Market Lulled in Q1, Recovery on the Horizon
The first quarter of 2015 saw a material fall in demand and charter rates for LNG shipping, Golar LNG Limited said in a commercial review of LNG shipping and FRSU performance. Average spot rates during the quarter were USD 40-45,000/day for TFDE vessels and USD 30-35,000/day for steam turbine vessel