Green Marine
DNV GL: LNG Infrastructure Needed Throughout Europe
Liquefied natural gas (LNG) has the biggest potential market in Europe out of all alternative fuels, but the initial kick-off of a more significant use of LNG depends on the construction of small-scale and bunkering distribution networks throughout the continent, Tobias Rosenbaum, DNV GL’s Regional
Readers’ Picks of the Week (Mar 30 – Apr 3)
Costa Concordia Used for Cocaine Smuggling Large quantities of cocaine are reported to had been smuggled on board the most luxuries ships sailing the high seas, a recent investigation by Italian authorities shows…. Read more Cruise Passenger Dies whilst Boarding Queen Elizabeth A passenger died on W
Service Terminal Rotterdam Changes Hands
LITASCO SA, a trading company of OAO LUKOIL, together with its joint venture partner Burando Maritime Services have entered into an agreement to sell 100% of their respective shares of Service Terminal Rotterdam v.o.f. (STR) to iCON Infrastructure Partners II. The transaction follows two month-long
Bigger Cruise Ships Expected to Call at Kiel This Year
The first ocean-going cruise ship of the year, AIDAcara, is about to kick off Kiel’s 2015 cruise shipping season. The cruise ship is set to get under way on Easter Saturday, April 4th. During the coming season Kiel expects a total of 127 calls by 23 different luxury cruise liners, many of them very
2M Alliance Bolsters North Europe-US Service
Two of the world’s biggest container liners – Maersk Line and the Mediterranean Shipping Company (MSC) – have through their 2M vessel sharing alliance introduced a fourth service between North Europe and the United States starting this April. The fourth service is a part of the 2M’s East-West Networ
Update: Dalniy Vostok Death Count Rises
At least 56 people have died with 13 still missing after a Russian freezer trawler carrying a crew of 132 sank off the Kamchatka Peninsula in the Western Pacific on Wednesday, Russian Ministry of Emergency Situations reports. Search and rescue crews initially managed to recover bodies of 54 crewmemb
European Parliament Endorses Seafarers Inclusion Report
The Employment Committee of the European Parliament (EP) has endorsed the report of Rapporteur Morin-Chartier (EPP, France), which puts forward amendments to the Commission’s proposal aiming at including seafarers in the existing directives on information and consultation, European Works’ Councils,
Cruise Passenger Dies whilst Boarding Queen Elizabeth
A passenger died on Wednesday following an accident whilst boarding Queen Elizabeth cruise ship from a tender, British/American owned cruise line Cunard informed. The cruise ship was in Sihanoukville, a deep-water port city in Cambodia, when the incident occurred. “Two of our crew members reacted ve
Egypt’s LNG Import Terminal Arrives
The floating storage and regasification unit (FSRU) Hoegh Gallant has arrived off Ain Sukhna bringing 160,000 cubic metres of liquefied natural gas (LNG) to energy-craving Egypt, Reuters reports citing an unnamed official. Egyptian Natural Gas Holding Company (EGAS) chartered the vessel for a period
Image of the Day: Grand Elena Hits the Hundred Mark
Today’s photo presents you with the LNG carrier Grand Elena, captured during her 100th voyage from the Russian port of Prigorodnoye to Japan. The ship, jointly owned by PAO Sovcomflot and the Japanese company NYK, is undertaking her latest shipment of liquefied natural gas (LNG) on behalf of Sakhali
Paragon Shipping Deeper in Red
Greek dry bulk shipping company Paragon Shipping Inc. reported a net loss of $51.8 million for the year ended December 31, 2014 widening the gap from the preceding year’s net loss of $17 million. Net revenue, net of voyage expenses amounted to $11.6 million in the fourth quarter of 2014, falling fro
At Least 54 Dead after Trawler Sinks off Kamchatka
54 people have died with 15 missing after a Russian freezing trawler carrying a crew of 132 sank off the Kamchatka Peninsula in the Western Pacific on Wednesday, Russian Ministry of Emergency Situations reports. A local maritime rescue center reported that 63 people aboard the Dalniy Vostok at the t
New Player Enters Heavy-Lift Market
A newly-established heavy-lift shipping and project transportation company named United Heavy Lift has entered the maritime market aiming to tap into the growing demand for heavy-lift transport. The company was founded in February 2015 by Lars Rolner, who previously held various executive positions
Fluxys LNG to Build Fifth Storage Tank in Zeebrugge
Fluxys LNG, the owner and operator of the LNG terminal in Zeebrugge and a wholly-owned subsidiary of Fluxys Belgium, has awarded the turnkey contract for a new extension of the terminal to a consortium of DF Oil & Gas and Felguera IHI. The turnkey contract covers the construction of the fifth LNG st