Green Marine
Top Tips for Hiring Shipping Containers
Before deciding to buy containers either for shipping goods between states or overseas, there are a couple of things to keep in mind. When you plan to hire a shipping container, the first thing to determine is whether to buy or rent a container? If you’re moving in between states, and can easily ret
MSE: Glycerine Is Realistic Marine Fuel Option
Marine South East’s GLEAMS (Glycerine Fuel for Marine Sustainability) project has after a year of research concluded that glycerine is a viable, exceptionally clean alternative marine fuel, the MSE said in a release. The project partners are currently exploring early potential adopters for the techn
Lithuania, Azerbaijan Exploring East-West Transport Opportunities
Lithuania has invited Azerbaijan to contribute to the development of the Baltic Sea-Black Sea corridor and the joint project of Lithuanian, Belarusian and Ukrainian railways – container train Viking at a meeting between the countries’ transport officials held earlier this week. The key topics discus
P&O Ferries Capturing Growth Potential in North Sea
P&O Ferries has announced the expansion of its North Sea business with the introduction of a daily service between Teesport and Zeebrugge. The Mistral (1,625 lane metres) will take up service from January 2015 alongside the Bore Song enabling the company to increase frequency on Teesport – Zeebrugge
French Ports Spotlighted within Ocean Three
The new vessel alliance between shipping giants, CMA CGM Group, China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC), dubbed the Ocean Three, will give a prominent status to French ports, CMA CGM said. This will particularly relate to the number of calls made at French ports
Expected Tanker Fleet Growth Reaches Four-Year High
As the market awaits a potential oil price hike triggered by the ongoing geo-political tensions in the oil-rich producing nations, demand for tankers seems to be doing pretty well. “The order-book for tankers has risen in the past two months and it is all about crude oil tankers. Four VLCCs and six
Wärtsilä to Keep Wagenborg Fleet Running
Wärtsilä and Wagenborg Shipping B.V. have signed a six-year Maintenance Agreement for fifteen of Wagenborg’s dry cargo carriers. Under the agreement Wärtsilä will provide all maintenance planning and services for the installed engines and propulsion systems with fixed price. “One important result of
Shipping Earnings Index Down
The Drewry All Earnings Index, which covers the main bulk shipping markets, fell 25% in September to stand at 115 points, according to the Shipping Insight report published by shipping consultancy Drewry. This followed a similar fall in the index’s value in August, caused by another month of declini
ECSA: Europe Rushing to Regulate CO2 Emissions
European Community Shipowners’ Association (ECSA) has warned that European shipowners are concerned by the intention of the Italian Presidency of the European Council to move full steam ahead with EU Regulation for Monitoring, Reporting and Verification system of carbon dioxide emissions from mariti
VIDEO: Behemoth Pieter Schelte at Sea
The world’s largest offshore platform vessel Pieter Schelte, currently under construction for the Allseas at Daewoo shipyard, in Okpo, South Korea was caught on camera in all its might while undergoing sea trials. The sea trials started mid-September. When built, Pieter Schelte will have a topsides
Second-Hand Panamax Prices Hit Bottom
Extremely poor demand for second-hand Panamax ships of 4,000 TEU has brought asset prices to the floor for that ship type and size. According to vesselsvalue.com, second-hand prices are down by 26% to 38% since the beginning of the year. This can be compared to positive developments in prices for al
Elbe Starts Maiden Voyage
A 9400 TEUs container ship CMA CGM Elbe set out on her maiden voyage from Dalian, China, on October 14, 2014. The Elbe is the second in a series of 28 newbuilding vessels ranging in capacity from 9,400 TEUs to 10,900 TEUs, which will be delivered from now to the third quarter of 2016. Back in June t
Gothenburg’s Cruise Ship Calls at All Time High
Sweden’s Port of Gothenburg has recorded the highest number of cruise ship visits this season, with 110,000 visitors on board 73 cruise ships calling on Gothenburg from April to October. The port’s cruise operations generated around SEK 60 million in pure tourist revenue for the city. Jill Söderwall
ESC Secretary Calls for Liberalization of Europe’s Market
The newly appointed Secretary General of the European Shippers’ Council (ESC), Nik Delmeire, called the new European Commission to reduce existing trade barriers in the European Union at ESC’s general assembly meeting held in Brussels on Monday, October 13th. Delmeire’s said his main goal was to put