Green Marine
Slim Carrier Financials Boost Container Leasing
The container leasing sector experienced another year of stellar growth in 2013 thanks to the continuing weakness of carrier financials, according to shipping consultant Drewry’s recently published Container Leasing report. Drewry forecasts that this trend will continue. The leased container fleet
Image of the Day: SeaRoc Technicians Walk to Work with DP Galyna
Walk-to-Work Offshore Support Accommodation vessel DP Galyna sailed to Great Yarmouth to take on board the technicians of SeaRoc Group for scheduled operation and maintenance of two meteorological masts on North Sea’s Dogger Bank, located approximately 150 km off the east coast of Yorkshire. The v
Paris MoU Bans Entrance to M/V Sava Lake
General cargo ship M/V “Sava Lake” will be denied further access to any port and anchorages in the Paris MoU region, except a port of the ship’s flag state, Paris MoU said in its press release. The ship flying the flag of St. Vincent and The Grenadines was detained in Ravenna, Italy in the beginning
Interview: All about Piracy
Piracy has become a lucrative business and an ever more dangerous for those being targeted by it. Once at sea, seafarers expose themselves to various dangers, especially from those lurking from the shadows. As hijackings become more frequent and more intense, we wanted to find out more about piracy
Russian-Flagged Research Vessel Drifting in Okhotsk Sea
Russian-flagged research vessel Professor Gagarinskiy carrying 40 people onboard is adrift off central Sakhalin Island shoreline, the Okhotsk sea after a shaft bearing broke down on Friday, August 1. Salvage tug Grif was sent out to assist the drifting vessel and tow it to Vladivostok. The tug tra
Excess Tonnage Keeps Atlantic Handysize Rates Down
The week closed positively for the US Gulf shipping market, with extra stems for second-half August dates making owners more bullish, according to Platts. However, this was not enough to usher any changes with respect to rates, as they are still at the same level due to excess tonnage. “Despite th
Russia, China Eye Development of Floating Nuclear Power Plants
Rusatom Overseas, a subsidiary of Russia’s State Atomic Energy Corporation ROSATOM, and CNNC New Energy (China) signed a Memorandum of Intent in the Field of Cooperation on development of floating nuclear power plants. The document was signed by Mr. Qian Tianlin, Director General of CNNC New Energ
Seized Greenpeace Icebreaker Departs Russia
Russia has released the Greenpeace icebreaker, the Arctic Sunrise, ten months after its seizure during a protest against Arctic oil drilling, according to Greenpeace. Russian authorities detained the vessel with 30 activists and journalists on board in September 2013 after the protest at the Gazpr
SCS Multiport Adds Zeebrugge – Tilbury Route
Port of Tilbury, owned by Forth Ports Limited, and Port of Zeebrugge / MBZ have announced that SCS Multiport will add a brand new route to their current Amsterdam-Tilbury service to deliver Far East deep sea transhipment and continental loads between the container ports of Tilbury, Amsterdam and Zee
Nicaragua Canal Project Includes Dutch Know-How
Nicaragua has opted for Dutch know-how in construction of the country’s shipping canal project, which is believed would usher a new age for shippers, especially with respect to fuel savings. Dr. Paul Oquist, a Nicaraguan Minister and an advisor to the President for the Nicaragua Canal project, has
Image of the Day: Icebreaker Yamal Gets Its Teeth into Icy Waters
Russian nuclear-powered icebreaker Yamal has embarked on a journey to assist research vessel Akademik Fyodorov in a geophysical study off Russia’s continental shelf. During the expedition, the two will collect geophysical data on presence of oil-and-gas at Russia’s continental shelf beyond the 200
Four More Join Supra8 Pool
Provider of shipping management services Navig8 has added four more secondhand cargo ships to its Supra8 pool. The bulk carrier quartet is comprised of Stellar Eagle, Woodstar, Shrike and Wren. Stellar Eagle was built in 2009 by Ishikawajima Shipyard and has grain capacity of 72,063 CBM. Woodstar an
IMO Backs GOC’s Call for Ocean Rescue Action
International Maritime Organization (IMO) Secretary-General Koji Sekimizu has backed call for enhanced action at all levels to mitigate the threats to the global oceans described in the recently-published report of the Global Ocean Commission (GOC), From Decline to Recovery: A Rescue Package for the
Cargo Ships Collide in Azov Sea
Two general cargo ships collided while on opposite courses on Thursday afternoon, July 31 in the Azov sea, according to the local Vessel Traffic Control Centre. The two vessels are Moldova-flagged Borisfen, which was en route to Turkey laden with wheаt from Rostov and Cambodia-flagged cargo vessel W