Green Marine
Readers’ Picks of the Week (Sep 08-14, 2014)
Unmanned Vessels to Take Over Our Seas? Researchers at Norwegian Marine Technology Research Institute (MARINTEK) believe that in ten to twenty years time there will be 200 metre cargo vessels plying the oceans without the need of a captain or crew.…Read more Limited Data Put Svendborg Maersk in Dire
Slowsteaming Saves Stena USD 9 Million
Inview of the prospects on the freight market and anticipated future fuel prices, Stena Bulk is focusing even more on maximising the relationship between freight and bunker fuel. The fleet will continue to operate at low speed in the foreseeable future and great importance is attached to the develop
WISKA Showcases Five New Products at SMM
WISKA, a Hamburg-based manufacturer of electrical equipment, lighting products and CCTV camera surveillance systems for shipbuilding and diverse industries, is presenting a total of five new products to an international trade audience for the first time at the SMM 2014 in Hamburg. One highlight is t
EU Blacklists Russian Oil Majors
The European Union has introduced a new wave of sanctions targeting Russian companies and officials. The latest batch, published in the EU Official Journal, banned debt financing for three Russian companies – Rosneft, Transneft and Gazprom Neft. The sanctions take effect from the moment of their pub
Global Oil Demand Growth Slumping
The IEA Oil Market Report (OMR) for September trimmed global oil demand growth for 2014 and 2015 to 0.9 million barrels per day (mb/d) and 1.2 mb/d, respectively, because of a pronounced slowdown in demand growth in the second quarter of this year, and a weaker outlook for Europe and China. Demand i
Safer Seas 2013 to Be a Sobering Reminder
The National Transportation Safety Board has released “Safer Seas 2013: Lessons Learned From Marine Accident Investigations,” a compilation of accident investigations that were published in 2013, organized by vessel type with links to the more detailed accident reports. The introductory message from
UPDATE: MV Ince Inebolu Refloated
Turkish-flagged cargo ship MV Ince Inebolu’s refloated on its own power on Thursday morning from the Greek island of Astypalaia, according to Hellenic Coast Guard. Once detached from the rocks, it was established that there was no water ingress and the cargo ship was escorted to Skala Astypaleas whe
Hapag-Lloyd Secures Merger Clearance from EU
The European Union (EU) has approved merger regulations for the planned integration of the container shipping activities of Compañia Sud Americana de Vapores (CSAV) into Hapag-Lloyd. Hapag-Lloyd and CSAV signed a binding business combination agreement in April. Its implementation is subject to the a
Ebola Keeps Gothenburg Port Vigilant
Since the beginning of the year, there has been an Ebola outbreak in West Africa. Of the 11,000 ships that call at the Port of Gothenburg each year, a small number come from ports in the affected areas. The port is taking extra precautions when dealing with these ships, the company said in its press
ICS: Implementation of Environmental Regulations Major Concern
In advance of a critical intergovernmental meeting next month at the UN International Maritime Organization (IMO), the International Chamber of Shipping (ICS) has called on IMO Member States to give careful consideration to shipowners’ concerns about the implementation of an avalanche of new environ
West Turning Up the Heat on Russia?
The EU and the United States seem to be turning up the heat on Russia with plans to ban energy giants like Exxon Mobil, BP and Shell from searching for crude oil in Russia’s Arctic, deep seas and shale formations, writes Bloomberg citing three American officials. The ban would target crude reserves
Chevron Ready for Low Sulphur Regulations
Chrevron Marine Products LLC has announced launching of two engine oil products today at the SMM optimized respectively for 2-stroke and 4-stroke continuous operation on low sulphur fuel. The products are aimed to help vessel operators get the best from their engines while achieving compliance with
Reconciling Ship Size with Port Capabilities
Terminal productivity is under the spotlight as larger container vessels are deployed on all markets and trades. Shippers and carriers are looking to terminals for faster, more reliable turnaround times in order to ensure supply chain integrity. On Day two of TOC Americas 2014, a panel of experts fr
Rickmers Says Sulphur Switch Costly but Welcome
Rickmers-Linie has issued a release declaring its support for the introduction of stricter sulphur regulations but expects that they will inevitably lead to an increase in the cost of marine fuels. “While shipping is already the most environmentally friendly mode of transport, the new regulations he