Green Marine
The Shipowners’ Club: Be Wary of New Charterers
A mutual shipping insurance association The Shipowners’ Club has warned its members to exercise caution and undertake enhanced due diligence when entering into new fixtures with unknown charterers, especially those that involve trade to countries where sanctions may apply or where there is limited j
UK Registered Fleet Shrinks
The number of UK registered ships is currently at its lowest level since 2006, according to 2014 Shipping Fleet Statistics released by the UK Transport Department. The UK fleet experienced substantial growth between the late 1990s and 2008/09, when the industry started to feel the impact of the glob
Increased Capacity Pushes Dynagas LNG Profit
The Athens-based owner and operator of LNG carriers Dynagas LNG Partners (DLNG) reported USD 15.3 million net income for the quarter ended December 31, 2014, a 39.1% increase compared to USD 11 million the NYSE-listed operator earned in the same quarter the year earlier. Strong fourth quarter result
Crowley Accord Takes Five Tankers Under Its Wing
Ship management venture Crowley Accord Management was awarded full technical management contracts for five new tankers. The company said that these tankers will be joined in the coming weeks by three more, bringing Crowley’s international ship management fleet to more than 70. The five products tank
Update: Lysblink Seaways Springs Leak
The UK’s Highland Council and the Maritime Coastguard Agency (MCA) are sending counter-pollution equipment to the scene following a small leak from the general cargo vessel Lysblink Seaways. Lysblink Seaways has gone aground north of the Isle of Mull, off the west coast of Scotland, at approximately
Image of the Day: Scottish Ferries Are Electrifying!
A pioneering diesel-electric hybrid ferry MV Hallaig, owned by the Scottish government and built by Caledonian Maritime Assets (CMAL), is shown in today’s image of the day. She was launched in December 2012 as the first commercial ship to be fully built and delivered on the Clyde in over five years.
Solent Ferry Operator Changes Hands
Macquarie European Infrastructure Fund (MEIF) has sold Wightlink Ferries, a cross-Solent operator connecting the Isle of Wight with England’s mainland, to Balfour Beatty Infrastructure Partners LP (BBIP) for an undisclosed sum. The existing management team will remain in charge of the company. Simil
Hamburg Süd Inks CCNI Takeover Deal
German carrier Hamburg Süd has signed a Sale and Purchase Agreement to acquire the container liner activities of Compañía Chilena de Navegación Interoceánica S.A. (CCNI). The purchase deal includes the related general agency functions of Agunsa Agencias Universales S.A, (Agunsa), with headquarters i
VIDEO: Southampton Welcomes Back Maersk Line
The port of Southampton has received a port call from the first Maersk Line vessel in five years. The Susan Maersk arrived at the port on Tuesday, February, 17th as part of the container shipping company’s new East West Network, the global shipping service that connects Europe, North America and Asi
Cargo Ship Runs Aground off Scotland
General cargo vessel Lysblink Seaways has gone aground north of the Isle of Mull, off the west coast of Scotland, at approximately 01:50am this morning, the UK’s Maritime and Coastguard Agency said. The vessel’s crew contacted Stornoway Coastguard to report of the grounding and request assistance. T
US Pays Compensation for Tubbataha Reef Damages
U.S. government pays close to USD 2 million as compensation for the damage caused to Tubbataha Reef.
Heavy Snow Disrupts Traffic in Turkish Straits
Vessel traffic in the Turkish straits is being disrupted by heavy snowfall, Gulf Agency Company (GAC) Turkey said in an advisory on Wednesday. The traffic disruption is applicable to Turkish straits comprising the Bosporus Strait, the Sea of Marmara, and the Dardanelles, and in ports, especially tho
Marseille Giant Drydock to Open in September
The French port Marseille Fos is set to re-open its giant Drydock 10 shiprepair facility this autumn after almost fifteen years of dormancy, following a EUR 28 million (USD 31.8m) renovation project due for completion in September. Work started early last year under a port authority plan to reintrod
Image of the Day: Barcelona Welcomes Largest Containership Ever
Today’s image of the day presents you with the largest container ship ever to call at the Port of Barcelona, the 16,600 TEU MSC London. The ship called at the port earlier this month. During the visit, the port set a new productivity record, discharging 618 containers, and loading 1,035, in less tha