Green Marine
Police Stop Planned Attack on Greek Shipowners
The Hellenic Police have foiled a possible attack on the Union of Greek Shipowners, and Evangelos Marinakis, Capital Product Partners Chairman, the International Business Times reports. The plans for a bomb attack reportedly scheduled for this weekend were discovered during a police raid in Athens.
Carnival’s Fuel Savings Pay Dividends
Carnival Corporation cruise company has projected that by the end of 2014 it will have saved more than one billion gallons of fuel, and have reduced fleet carbon emissions by 12 billion kilograms through its Fleet Fuel Conservation Program started in 2007. By the end of 2014, Carnival Corporation’s
VIDEO: Decision on Elbe River Expansion Pushed Back
German Federal Administrative Court has decided to postpone decision on expansion of Elbe river that would allow the port of Hamburg to welcome bigger ships. Port of Hamburg Marketing Executive Board Members Axel Mattern and Ingo Egloff issued the following statements on the ocassion: “We respect th
Ahrenkiel Steamship Selects DNV GL for Its Fleet
Ahrenkiel Steamship, the newly formed German ship management company, said it would consolidate its entire fleet at DNV GL, the world’s largest classification society. Nick Topham managing director of Ahrenkiel Steamship and Tor E. Svensen, CEO of DNV GL – Maritime, signed the cooperation agreement
BESIX to Build Gdansk Deepwater Berth
DCT Gdansk has finalized the tender process for the design and construction of a new berth and the adjacent container stacking yards. The winning bid came from Belgium’s N.V. BESIX. The new 650m long berth, which will be designed and constructed by the BESIX, will increase the DCT’s annual handling
Croatian Mare Nostrum Joins ECSA
The Croatian Shipowners’ Association ‘Mare Nostrum’ has decided to join European Community Shipowners’ Association (ECSA) as a full member. The association counts ten members, who deploy a fleet of 141 ships, representing a tonnage of 1.7 million GT and 2.8 million DWT. The Croatian shipowners emplo
Saipem Snaps Up GoM Offshore Deals
Saipem has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for a total amount of approximately USD 750 million. Mexico’s Pemex has awarded Saipem an EPCI contract for the development of the Lakach field, located 98 km southeast of Veracruz and 131 km northwest o
TBN Triples Coverage Area
Florida’s MTN Communications says the number of Terrestrial Broadband Network-connected cruise ships has doubled and covered regions have tripled one year after the TBN’s launch. Since the MTN TBN kick-off in Alaska in the Summer 2013 cruise season, several MTN partners, including Norwegian Cruise L
Shipping Industry Wants Higher Quality Data
The latest INTTRA Technology Outlook survey which tries to identify the top technology priorities and challenges on the minds of international logistics and shipping industry professionals around the world has shown that the industry’s top priority is “improving supply chain visibility capabilities
Resources Insufficient for Tackling Potential Disasters in the Arctic
As more and more ships venture into the Arctic, resources to cope with search and rescue operations along with potential environmental cleanups are lacking. Speaking at IUMI conference in Hong Kong, Stein Are Hansen, head of department, loss prevention and emergency response, Norwegian Hull Club, sa
Exclusive: Hidden Dangers of Shipping Alliances
The 2M alliance between the shipping heavyweights, Denmark’s Maersk Line and Swiss Mediterranean Shipping Company is currently under scrutiny of the U.S.A. and China regulators. The companies are trying to appear confident in the approval of the alliance, saying that the U.S. Federal Maritime Commis
Odfjell Completes LPG/Ethylene Joint Venture Agreement
Odfjell SE has finalised forming of an LPG/Ethylene shipping joint venture with Breakwater Capital and Oak Hill Advisors, L.P., first announced on May 16, 2014. In accordance with the joint venture agreement, Breakwater Capital and Oak Hill Advisors, L.P. have jointly agreed to invest approximately
VIDEO: Dover Gets Green Light for Major Investment
Dover Harbour Board has agreed to move forward on the first substantial phase of works to transform the Port of Dover through its Dover Western Docks Revival project. In what is a major part of the biggest single investment that will have ever been made by the Board in Dover and its port, tenders ar
New VLCC Joint Venture on Horizon
Frontline Management (Bermuda) Ltd., and Cyprus-based Tankers International LLC (TI) have started a new company named VLCC Chartering Ltd., pooling together their respective VLCC fleets in an effort to enhance flexibility and provide cargo owners with more options. The companies also hope that the n