Green Marine
Bulker Beaches on Greek Island
Strong winds and stormy weather grounded the 27,308 dwt bulk carrier Goodfaith on the northern shore of the Greek island Andros, the Aegean Sea, the Hellenic Coast Guard reports. The 1994-built bulker ran aground shortly after midnight, February 11, while en route from the port of Eleusis to Ukraine
Third Berth for London Gateway
DP World London Gateway has moved forward with the plans to construct a third berth at the UK’s new deep-sea hub port, located 25 miles from central London. The Berth Three announcement will enable the use of an additional 400 meters of quay length with a dredged depth of 17 meters alongside. Contra
Eurogate: Giant Boxships Bring Record Volumes
Germany’s terminal operator Eurogate Group increased its container handling volumes Europe-wide in 2014 by 4.2 % to all time high 14.8 million TEUs, attributed to a rising number of mega container ships calling at the operator’s terminals. 8.1 million TEUs were handled at the German terminal locatio
Drybulk Shipowners Pool Capesizes
Bocimar International NV, CTM (C Transport Holding Ltd), Golden Union Shipping, Golden Ocean Group and STAR BULK CARRIERS have announced the formation of a new joint venture company, Capesize Chartering Ltd. The joining of forces comes as neither of the parties owns, controls or manages sufficient C
NITC Facing Blacklisting in EU Again
The National Iranian Tanker Company (NITC) is facing blacklisting again by the European Union as it has failed in its legal attempt to convince a London Court to prevent the EU from reimposing sanctions. The sanctions had been imposed in 2012 over Iran’s nuclear programme, and banned any trade betwe
China VLCC Inks Charter Deals with BP and Shell
China Merchants Energy Shipping (CMES) has though its subsidiary, China VLCC, chartered out two Very Large Crude Carriers (VLCC) to oil giants BP and Shell. Under the chartering deal, China VLCC has secured two two-year charters for its VLCCs with each oil major. The contract is valued at RMB 360 m
ILO Revises Seafarers’ Identity Documents Convention
International Labour Organization (ILO) held a tripartite meeting of employers, seafarers’ unions and governments in Geneva last week, to consider possible adjustments to the Seafarers’ Identity Documents Convention (Revised), 2003 (ILO 185), the International Chamber of Shipping, shipowners’ repres
CLIA Sees Signs of Growth
23 million passengers are expected to sail on cruise ships in 2015, a four-percent increase over 2014 estimates of 22.1 million, Cruise Lines International Association (CLIA) predicts in its annual State of the Cruise Industry Report. 61 percent of North American CLIA-certified travel agents have re
Recovery Deal Signed for OW Bunker Far East
Liquidators from KPMG and receivers represented by PricewaterhouseCooopers (PWC) have signed a cooperation agreement to ensure that the outstanding debt to OW Bunker’s Singapore unit is quickly and easily resolved. The recovery deal, reached today in Singapore, is aimed at facilitating the prompt co
MyFerryLink Gets a Lifeline
Groupe Eurotunnel’s ferry operator MyFerryLink has won permission from the U.K.’s Court of Appeal to contest the Competition and Markets Authority’s (CMA) 10-year ban from operating cross-channel sailings between Dover and Calais. The decision now gives MyFerryLink the opportunity to overturn the ea
CMA CGM Opts for DP World London Gateway
Container shipping company CMA CGM has launched services from West Africa to DP World London Gateway Port. The CMA CGM EURAF2 service is calling direct to Nigeria, Ghana, and the Ivory Coast providing some of the fastest transit times in the market. The service, which will be provided through partne
IMO Lays Out Polar Navigation Training Requirements
The International Maritime Organisation (IMO) last week agreed on training requirements for seafarers navigating Arctic and Antarctic waters, the Danish Maritime Authority reports. More specifically, this means that masters and navigating officers must complete special training in order to navigate
Former OW Bunker Man Starts His Own Broking Firm
Former director of OW Bunker’s Dynamic Oil Trading (DOT) subsidiary in Dubai Jesper Jervild has established a bunker broking company following OW Bunker’s demise. Aside to bunker broking, the newly-established Liberty Marine said it would also offer in house bunker broking services. The aim behind t
Danish Govt Reveals Counter-Piracy Strategy
The Danish Government has announced a new strategy for the fight against piracy and armed robbery at sea for the 2015-18 period. The overall strategy sets the framework for Denmark’s political, developmental and military efforts against piracy. According to Danish Foreign Affairs Minister, Martin Li