Green Marine
FPS Service Links Rotterdam with St. Petersburg
The Rotterdam-based neutral consolidator FPS Famous Pacific Shipping has launched a new, weekly ocean LCL Rotterdam-St. Petersburg-Rotterdam general cargo service, the Port of Rotterdam Authority reports. The service provides an alternative to the traditional routing via Vilnius, and reportedly cuts
Readers’ Picks of the Week (23-27 of Feb)
Chief Engineer Jailed for Using Magic Hose Noly Torato Vidad, the Chief Engineer of the car carrier Selene Leader, received an eight-month prison sentence, followed by one year of supervised release, after the Baltimore District Judge Catherine C. Blake found him guilty of obst…Read more VIDEO: Frei
Helsinki Court Rules in Finnlines’ Favor
Helsinki District Court has ordered State of Finland to refund shipping company Finnlines Plc the fairway dues totaling about EUR 17.0 million including interest. According to the ruling, the Finnish Act on Fairway Dues in force until 1 January 2006 has contained provisions which according to EU law
VIDEO: Anthem of the Seas Swirls Around
The following video presents you with the 168.600-gt cruise ship Anthem of the Seas, one of the largest cruise ships in the world, being turned around after its float out at Meyer Werft’s Papenburg shipyard on February 21st, 2015. After this giant beauty turned around, the shipyard workers mounted t
Skuld Boosts Tonnage
Oslo-based mutual marine insurance company Skuld has signed additional 10 million Gross Tonnes (GT) following the mutual P&I renewals which were completed on February 20. Skuld says the outcome of the 2015 mutual P&I renewals reflected growth in all markets for the company, particularly in Scandinav
Detained Cargo Ship Cleared to Leave Alaska
The Liberian-flagged cargo ship MS Lindavia has been cleared to leave Alaska after being detained for two weeks in Dutch Harbor, writes the Associated Press (AP). The Coast Guard detained the ship on February 12th under suspicion that the ship and its crew had been involved in environmental crimes.
StealthGas Triples Share Buyback Appetite
LPG owner StealthGas has extended its share buyback program for an additional USD 20,000,000, the company said in its annual results for 2014. The company announced a USD 10,000,000 share repurchase program in November 2014 and has up to date purchased 1.500.000 common shares for a total of USD 9 mi
Capital Fixes Improved Tanker Charters
The Athens-based petroleum, dry cargo and containerised goods shipping company Capital Product Partners has secured new time charter employment for two of its tankers at improved daily rates, the company said in a release. The 2001-built, 159,982 dwt crude carrier Amore Mio II will continue its time
Golden Ocean, Knightsbridge Set Date for Merger Approval
Dry bulk shipping companies Golden Ocean Group and Knightsbridge Shipping have chosen March 26 to hold a special general meeting and finalize the merger talks. If the shareholders approve the plan, the companies expect to conclude the merger by the end of March 2015, subject to the execution of cert
Nor Lines Relies on TYCAN
Norway’s short sea liner shipping company Nor Lines A/S has decided to move to full fleet conversion with TYCAN® chains on all of the company’s nine special cargo vessels. The chains are a joint product developed by DSM Dyneema and Load Solutions AS in Bergen, Norway. TYCAN chains are made with Dyne
Munkebo Maersk Becomes Biggest Ship to Sail on the Thames
The 18,300 TEU Triple E container ship Munkebo Maersk became the largest ship to ever sail up the River Thames as it called at DP World London Gateway today. The 399 metre long, 60 metre wide, 195,000 ton boxship, equivalent in length to almost four football pitches, is one of the largest container
Update: Lysblink Seaways Towed to Scallastle Bay
The DFDS cargo ship Lysblink Seaways arrived last night at the sheltered Scallastle Bay in the Sound of Mull after being towed by the Kingdom of Fife tug for the 17 mile journey, supported by the Forth Jouster, the UK Coast Guard reports. The Emergency Towing Vessel Herakles provided escort and safe
VIDEO: Freighter Sinks in the Aegean Sea
The St. Vincent and the Grenadines-flagged general cargo ship Kerem S has reportedly sunk completely six days after it had grounded on the Greek island of Levitha, the Turkish daily Deniz Haber reports. The ship had run aground due to a mechanical failure, and was stranded until Tuesday when it drif
Italy Eyes Suez Canal Investments
A delegation of Italian entrepreneurs visited the Suez Canal to find out more about the investment opportunities in Egypt’s USD 8-billion canal expansion project. The delegation, comprised of around 40 representatives from Italian companies, mostly specializing in infrastructure, were given a tour o