Green Marine
ITF Turning Up Heat on Panama Canal Authority
The ITF (International Transport Workers’ Federation) said that it has ramped up its campaign against the Panama Canal Authority over “its ongoing failure” to provide decent pay and safe working conditions for more than 9,000 affiliated maritime workers in the canal zone. The 44-mile canal is curren
Skyscrapers of the Sea Barred from Venice
Giant cruise ships will be banned from Venice’s iconic Saint Mark lagoon in order to curb the effect of growing traffic on Italy’s floating city. Last November, the Italian government had already limited traffic on the lagoon and Guidecca canal, which connects the main island of Venice and the islan
Suez to Lose Its Exclusivity in Large Containership Transits?
Egypt’s announcement on expansion of the Suez Canal by adding a parallel line to the current channel of a total length of 72 kilometres (44.74 miles), has got the shipping industry players thinking about who will benefit the most from the expansion. The multi-billion-dollar plan could nearly double
Pirated Oil Tanker Safe and Sound at Takoradi Port, Ghana
Greek oil tanker MT Fair Artemis, hijacked by pirates off Ghana’s waters in June this year, has finally berthed at the Takoradi Port to offload oil, according to the Director-General of the Ghana Ports and Harbours Authority (GPHA), Mr. Richard Anamoo. He said the pirates siphoned 3,500 metric tonne
China’s Trade Surplus Positive Sign for Shipping
China recorded a trade surplus of USD 47.3 billion in July 2014. The record high surplus came on the back of very strong export growth while imports contracted. The world’s second largest economy saw its overseas shipments increase by 14.5% in July as compared to same month last year, as reported by
Fire Breaks Out aboard Russian Cargo Ship, One Dead
Russian cargo ship Sea Champion caught fire on Thursday night, August 7 in the Sea of Japan (East Sea). The fire was reported in the ship’s engine room, however the crew managed to contain it, preventing its further spreading. Unfortunately, one crew died in the fire. According to Far Eastern basin
Image of the Day: Maersk Linking West to East
Maersk Line indeed is linking the globe, bridging the gaps between continents as can be seen here. The picture was taken in Istanbul, Turkey, capturing the moment of one of Maersk’s container ships traversing the Bosporous Strait. [mappress] World Maritime News Staff, August 8, 2014
Liverpool2 to Feature Chinese Megamax Cranes
Peel Ports Group is investing over USD 512 million (£300 million) to redevelop and expand the existing Port of Liverpool in the North-west of England, creating Liverpool2, a new deep-water port which will be able to accommodate 95% of the world’s container fleet, including the post-Panamax vessels t
Containership and Drybulk Markets Depressed
During the first half and during the month of July of 2014, the drybulk market weakened significantly against expectations widely held in the industry while the containership market remained static at low levels, Aristides Pittas, Chairman and CEO of Euroseas, shipowner and operator said, commenting
Top 10 Most Expensive Cruise Ships Ever Built
A cruise ship is a passenger ship used for pleasure voyages. The voyage is a part of experience, as well as the different destinations along the way. Transportation is not the prime purpose, as cruisers operate mostly on routes that return passengers to their originating port. There are even “cruise
Wilh. Wilhelmsen ASA Improves Stats
A seasonal increase in volumes for both shipping and logistics positively affected revenue for Wilh. Wilhelmsen ASA (WWASA) in the second quarter 2014. Adjusted for non-recurring items, operating profit amounted to USD 79m – a 46% increase quarter on quarter. For the second quarter, WWASA posted an
Mobile Seaports to Enter Market
Moscow Design Bureau Compas is bringing to market a mobile multifunctional seaport, according to Russian state corporation Rostec. The complex consists of floating berths and pontoons of various profiles, has all necessary infrastructure including communication and monitoring systems as well as inde
Exclusive: Workers Left High and Dry as GoAGT Goes Insolvent
Maritime security company GoAGT Ltd, headquartered in Malta, has hit the headlines as reports on the company going insolvent raise eyebrows. The company ceased trading almost two weeks ago amid millions of outstanding salaries to its security staff who have been left at sea as their CEO is accused o
Elcano Adds Two Chemical Tankers
Spanish shipowner ELcano has placed an order for two 13,000 dwt chemical tankers with China’s Ningbobo Xinle Shipbuilding, the shipyard said in a press release. The first ship is expected to be delivered in the second half of 2016. Zhejiang Ocean Shipping was first to order an LNG carrier from Ningo