Green Marine
Image and Video of the Day: Here There Be Giants
The 19,224 TEU MSC Oscar, the largest container ship in the world, is pictured here entering the Port of Rotterdam on Tuesday, March 3. The 396-meter-long and 59-meter-wide MSC Oscar arrived from Algeciras and will leave for Bremerhaven on Wednesday evening, March 4. On March 9, the ship will return
ECSA: Shipping Is EU’s Cash Cow
The overall contribution of the European shipping industry to the European Union’s GDP in 2013 is estimated to have been EUR 147 billion (USD 163.7bn), according to the recently updated Oxford Economics study, European Community Shipowners’ Associations (ECSA) reports. Moreover, for every EUR 1 mill
NewLead Finds Work for Oldtimer
Piraeus-based dry bulk and petroleum shipping company NewLead Holdings has entered into a contract of affreightment for one of its dry bulk vessels, the 1990-built Panamax Newlead Markela. The contract is for the transportation, anticipated to be completed within a twelve month period, of approximat
TEN Stretches Charters
Greek tanker owner and operator Tsakos Energy Navigation (TEN) has extended the charters for the Panamax tankers Selini and Salamina for 24 and 30 months respectively, with further 12-month extension options, to a European oil major, possibly Shell. With the additional extension options, TEN expects
BIMCO Launches Green Guide
The international shipping association BIMCO has launched a new, three-part guidance resource called Guide to Maritime Environmental & Efficiency Management, to support ship owners and operators in improving their environmental performance and the efficiency of their ships. Developed in partnership
Image of the Day: Edith Maersk Freshened Up
The Danish conglomerate Maersk Group recently posted this image of Captain Thomas inspecting his freshly painted Triple E container ship Edith Maersk. The 13, 500 TEU Edith Maersk was delivered to Maersk Line in 2007, and is the sister ship of Emma Maersk. The ship has a length of 397m and a beam of
Update: Towing of Lysblink Seaways Set for Tomorrow
Copenhagen-based shipping company DFDS Logistics Rederi AS, the owners of the Lysblink Seaways, have confirmed that the delivery port agreed with the salvors will be Inchgreen, Greenock on the Firth of Clyde. A voyage passage plan is being finalised and, weather permitting, the tow may commence on W
Alphaliner: Spot Freight Rates Likely to Fall Further
Liner spot rates on the Asia-North Europe market have dipped below USD 900/teu due to lower volumes in the post-Lunar New Year lull in the Far East, according to industry analyst Alphaliner. Since the beginning of this year, weaker utilisation levels have driven down spot rates on the Far East-North
Wärtsilä Nabs BWMS Deal
A series of eight new 33,000 DWT chemical tankers under construction in Asia will feature Wärtsilä Aquarius UV Ballast Water Management Systems (BWMS), certified for explosion proof (EX) requirements, the Finnish company says in a release. This means that the BWMS units can be installed in Zone 1 ha
Unions Reject Offer from Rotterdam World Gateway
Talks on terms of employment between Dutch trade unions FNV Havens and CNV Vakmensen and Rotterdam World Gateway (RWG) have hit another hurdle. The dialogue broke off as the unions insisted on enforcement of a collective agreement for every RWG employee, RWG said in an update. “RWG did not rule out
Irish Shipping Improving
Irish shipping and port activity rose by 7% in the fourth quarter of 2014 when compared to the corresponding period of 2013, according to the latest quarterly iShip Index published by the Irish Maritime Development Office (IMDO). The latest analysis also indicates that four of the five principal fre
Ultrabulk Branches Out into MPP Sector
Danish ship operator Ultrabulk’s is launching a new multi-purpose (MPP) service between Europe and Africa. The service will be headed by Mr. Joergen Larsen, who together with a team of experienced professionals has extensive experience from their previous employment with Copenship MPP, as explained
Thoresen Shipping Escapes Red
The Bangkok-headquartered dry bulk operator Thoresen Shipping, part of Thoresen Thai Agencies, has managed to end 2014 with THB 257 million (USD 8m) net profit, pulling itself from a THB 129 million (USD 4m) loss the company reported in 2013. Despite the volatile dry shipping market, Thoresen Shippi
Eniram in LNG Industry’s First
Eniram Limited, the Finnish provider of energy management technology and data analytic services to the shipping industry, has released their onboard and onshore ”Boil Off Management Tool” designed for LNG carriers. Eniram says it is the first company in the world to quantify and provide a Boil-off M