Green Marine
Maersk Line: Maersk Tigris en Route to Jebel Ali
Danish liner company Maersk Line has confirmed the release of the Marshal Islands-flagged containership Maersk Tigris earlier today. The ship is now en route to Jebel Ali (UAE) where Rickmers Shipmamagement will attend to the 24 crew members, Maersk Line added. The crew was reported to be in good co
Goldman Sachs: Dry Bulk Freight Rates to Remain Weak in Next 5 Years
Overcapacity and low fuel prices are bound to keep low dry bulk shipping freight rates for the rest of the decade or even longer, according to investment bank Goldman Sachs. With the daily charter rates dwindling, the bank predicts that the average utilization rate of the dry bulk shipping fleet wil
Port of Antwerp Plans Another Giant Tidal Dock
Belgium’s Port of Antwerp is planning to build another large tidal dock, this time on the right bank of the Scheldt river, which could potentially add further 11 million TEUs to the port’s annual container handling capacity. The Port of Antwerp recorded a 9.5% growth in container volumes in the firs
PMO: Maersk Tigris Released
The seized Maersk Tigris containership has been released after being held in detention by Iranian authorities for over a week, IRNA reported citing a source at Iran’s Ports and Maritime Organization. The information has just been confirmed by the PMO, saying that after receiving a letter of guarante
Capital Lands Improved Tanker Charter Option
Athens-based owner of tanker, dry bulk and container ships Capital Product Partners has agreed on a 12-month charter extension for its 36,721 dwt chemical/product tanker Alkiviadis at an improved daily rate. The 2006-built tanker, employed by CSSA S.A., a fully owned subsidiary of Total S.A., will b
Update: Scorched Spanish Ferry Towed to Sagunto
The Spanish ferry Sorrento, that had caught fire off Mallorca on April 28, arrived at the Port of Sagunto north of Valencia around 6 pm local time yesterday, following a 24-hour tow and escort from the waters of the Balearic Islands, Spain’s maritime rescue service Salvamento Maritimo reported. The
Viking Supply Ships Keeps Hold of Sweden’s Ice-Breakers
Sweden’s Viking Supply Ships has been awarded a continuation of a contract to manage and operate the ice-breaker fleet of the Swedish Maritime Authorities (SMA) for a period of seven years. Viking Supply Ships have been managing and operating SMA’a ice-breakers since 2000, and is one of the leading
RCL Orders Four Alfa Laval Scrubbers
Royal Caribbean Cruises has ordered four Alfal Laval PureSOx exhaust gas cleaning systems, including the first test inline hybrid version of the scrubber, which is to be installed on Adventure of the Seas. Three other PureSOx 2.0 systems will be installed as retrofits aboard Freedom of the Seas, Ind
Maersk Line, Iranian Courts Approach Solution
Danish liner company Maersk Line continues talks with Iranian authorities as it pushes for the release of the seized containership Maersk Tigris. “Today, we have had a constructive dialogue with the Iranian courts and Ports & Maritime Organization. Earlier today, we provided a letter of undertaking
Grimaldi to Launch Venice-Patras RoRO Service
Grimaldi Group is about to launch a new shipping service between the ports of Venice, Italy and Patras, Greece. The plans were announced today by Paolo Costa, President of the Port of Venice, along with Guido Grimaldi, Commercial Director at Short Sea Lines of the Grimaldi Group. The new direct link
Yang Ming Turns Piraeus Terminal into Mediterranean Hub
Taiwan’s container carrier Yang Ming Marine Transport has agreed to make China Cosco’s Piraeus Container Terminal in Greece its transfer terminal for the Mediterranean and the Black Sea, according to Greek national news agency AMNA. Arkas Hellas, a local shipping agency representing the Taiwanese ca
Costa Pacifica Opens Summer Cruise Season at Tallinn Port
A new summer cruise season has officially started at Estonia’s Port of Tallinn with the arrival of Costa Pacifica in the Old City Harbour on May 4. Around 3,000 cruise passengers from different European countries were on board the port’s first cruise ship of the summer season. Costa Pacifica came to
MOAS Rescues 473 People in Three Days
In three days of its newly launched rescue mission, search and rescue charity Migrant Offshore Aid Station (MOAS) saved 473 men, women and children. The summer mission was launched on Saturday, May 2nd when the 20-strong crew aboard the Phoenix, including camcopter operators, search and rescue profe
ADM Buys Black Sea Export Terminals
The US food-processing company Archer Daniels Midland has added export terminals at the Romanian Port of Constanta on the Black Sea to its European origination and transportation network, through an agreement to acquire complete ownership of North Star Shipping and Minmetal. ADM, through its minorit