Green Marine
Europe-MidE-ISC: Container Shipments Bouncing Back
Container shipments from Europe to the Middle East and Indian subcontinent quickly bounced back from a seasonal decline in August, recording monthly growth of 1.8% in September, according to the latest Container Insight by shipping consultant Drewry. Growth of 17.5% year-on-year is further evidence
ICS Ushers In New Chemical Tanker Safety Guide
The International Chamber of Shipping (ICS) has published a fully updated edition of the definitive industry guidance on the safe operation of chemical tankers. The new edition of the ICS Tanker Safety Guide (Chemicals) replaces the previous edition issued in 2002. ICS recommends that a copy is carr
ITIC: Careless Errors Bring Costly Claims
Careless errors by ship agents are resulting in costly claims, according to indemnity insurer ITIC. In the latest issue of its Claims Review, ITIC cites the case of a ship agent which incorrectly calculated two pro-forma invoices in respect of port dues, using the cheaper rate for a cargo of malt, r
Fjord Line Clamps Down on Costs
Norwegian ferry operator Fjord Line has implemented a program for strengthening the company’s financial position through raising of NOK 110 million (USD 15.4m) in fresh capital, as well as various measures to reduce operating costs by NOK 70 million (USD 9.8m) in 2015 compared to a ”challenging” 201
Swedish Club Going Steady
Gothenburg-based marine mutual insurer the Swedish Club has announced a 2.5 per cent general increase for 2015. The Club said that this action consolidates the work undertaken by the Club in 2014, with a positive underwriting result and the forecast of a bottom line surplus for the full year 2014. S
Building of Amsterdam’s New Sea Lock Set for 2016
The construction of the new sea lock in the Port of Amsterdam, the Netherlands is scheduled to begin in 2016. The construction completion is set for 2019, when first ships should be able to transit the new lock. At the moment, executive organization of the Dutch Ministry of Infrastructure and Enviro
EU Court Orders Compensation to Somali Pirates
The European Court of Human Rights has ordered France to pay compensation to Somali pirates worth thousands of euros for failing to present “promptly” the accused men before a judge upon their arrival to the country. The 48-hour delay was deemed by the Court as violation of the European Convention o
Saipem Hit by South Stream Project Cancellation
Italian oil and gas industry contractor Saipem says it has received a “Notification of suspension of Marine Spread activities” from their client South Stream Transport B.V. for the South Stream pipeline construction contract. Saipem says that the notification covers all vessels currently engaged in
General Cargo Ship Sinks in the Black Sea
A 1991-built, 6277 dwt Russian general cargo vessel Elga-1, managed by Maritime Cargo Shipping, reportedly issued a distress signal in the evening hours of December 3, reporting that the engine room is taking in water through a broken stern gland, according to Russia’s Morskie Vesti. Elga-1 was sail
Liberia Issues 2013 MLC Compliance Report
The Liberian Maritime Authority has released the mandatory MLC Annual Report for 2013, stating that the country’s proactive approach to enforcement of the Maritime Labour Convention (MLC) 2006 has resulted in an extremely low deficiency rate for Liberian-flag ships. Liberian International Ship & Cor
London P&I Club Warns of Capuccino Effect
The London P&I Club has advised its members on precautions to adopt in order to detect the presence of cappuccino bunkers. In the latest issue of its StopLoss Bulletin, the club explains that the cappuccino effect is essentially the frothing or bubbling effect caused by compressed air blown through
Bremerhaven Looking For Offshore Terminal Operator
The Federal Land of Bremen, Germany, has initiated the tender procedure to find an operator for the Offshore Terminal Bremerhaven (OTB). A Europe-wide competitive tender has to be conducted before the contract can be awarded to the operator. The contract will take the form of a service concession an
Seafarers UK Backs Missing Seafarers Reporting Programme
Seafarers UK has granted financial support for the development of an international register of missing seafarers, including fishermen, a project launched by Human Rights at Sea (HRAS), a not-for-profit resource for the international maritime community. HRAS was founded by barrister David Hammond, au
K Noble Charters Capesize
Dry bulk shipping specialist Diana Shipping Inc. has through a separate wholly-owned subsidiary entered into a time charter contract with K Noble Hong Kong Ltd., for the 171,810 dwt Capesizee m/v Salt Lake City, for a period of minimum 21 months to maximum 24 months. The daily gross charter rate wil