Green Marine
CMA CGM Pioneers 10,622 TEU Vessel Calls in Brazil
French shipping giant CMA CGM Group revealed plans to assign one of its latest fleet additions, the 10,622 TEU CMA CGM TIGRIS, to the Port of Santos in Brazil. As explained by the liner company, CMA CGM will be the first carrier to introduce a vessel of such a capacity in Brazil. The CMA CGM [&helli
New Container Pool to Improve Euro Links
Zeebrugge-headquartered European Containers (ECS) and Finnish cargo carrier Containerships have agreed to enter into cooperation starting February 2015. The cooperation will focus on the combination of the partners’ transportation networks for a geographically enlarged coverage; and land transport s
Image of the Day: Goliat Ready for Deployment
The Goliat platform, the largest and most sophisticated cylindrical FPSO facility ever built, was captured during her wait for deployment to Norway. She is specially designed for the Arctic conditions of the Barents Sea and a number of ground-breaking innovations are incorporated into her design to
Egypt Inks LNG Supply Deal with Trafigura
The Egyptian Gas Holding Company (EGAS) and commodity trader Trafigura signed a contract on Thursday on supply of about 33 shipments of liquefied natural gas (LNG), Egypt’s Ministry of Petroleum informed. The contract has been signed within Egypt’s USD 2.2 billion tender for delivery of 75 cargoes o
Video: Viking Star Completes Sea Trials
The 930-passenger cruise ship Viking Star, the latest addition to the fleet of the California-headquartered cruise operator Viking Ocean Cruises, passed her sea trials in the Aegean Sea mid-December. During nearly a week of diagnostics, maritime experts executed more than 80 different tests designed
2M Links Gothenburg with Japan
Sweden’s Port of Gothenburg has acquired a new deep sea service to Japan through the newly formed 2M Alliance between the two largest ocean container carriers, Swiss Mediteranean Shipping Company (MSC) and Danish Maersk Line. The first vessel is already underway from Kobe and will call at the Port o
CMA CGM, Hamburg Süd Bolster Cooperation
Liner giants CMA CGM Group and Hamburg Süd have reached an agreement to further enhance their existing cooperation. Since mid-January Hamburg Süd started taking slots between Asia and the Caribbean on CMA CGM’s PEX 2 service as well as on the Brazex service which provides it with a connection to Man
Baltic Dry Index Nearing Bottom
The Baltic Dry Index (BDI) has fell to 564 points on Thursday hitting the lowest in almost thirty years. The BDI marked a loss of 10.7% in the past week and is just 10 points off its lowest level reported in July 1986. The fall has been influenced by structural overcapacity as there are too many shi
China Favours Rotterdam Port
In 2014, Rotterdam became the first European port to handle more than 3 million TEUs (20-foot container units) going to or coming from China, Port of Rotterdam Authority CEO Allard Castelein said during the first quarterly meeting of the Rotterdam Port Promotion Council (RPPC). In 2008, Germany’s Po
Hapag-Lloyd: MPS Sailings Cancelled amid Congestion
German liner company Hapag-Lloyd said that sailings on its Mediterranean Pacific Service (MPS) westbound have been cancelled due to US West Coast congestion that has brought about severe delays. As informed, there will be no sailing available from the Mediterranean to US West Coast, Canada-West Coas
Monitoring Ships’ Energy Performance Step in Right Direction
Introduction of fuel monitoring consumption mechanism for ships, approved by the European Parliament, can help CO2 and fuel use cutting happen indirectly, according to Transport and Environment (T&E) NGO umbrella organization. The regulation, which still requires the support of the Parliament plenar
Spanish Court Jails Six Somali Pirates
A Spanish court has convicted six Somali pirates sentencing them on sixteen years of imprisonment each. Namely, the Spanish National Court found that the defendants were guilty for an attack on a Spanish tuna boat Izurdia that took place in October 2012 off the coast of Somalia. The attack was foile
New Lock Terneuzen Project Put in Motion
Ghent Port Company has applauded the agreement to build New Lock Teurnzen signed between Belgium and the Netherlands, saying the new lock will improve the access to the Flemish port of Ghent and the Dutch port of Terneuzen. Flemish minister for Mobility and Public Works Ben Weyts and Dutch minister
France Pledges to Address Tax Law Exemptions
The European Commission has closed an investigation into the impact of French tax rule changes for maritime companies on the EU state aid rules after France pledged to address the Commission’s concerns. Namely, France has committed to ensure that French tonnage tax payers flag at least 25% of their