Green Marine
Russia Cashing In on Its Oil and Natural Gas Sales
Sales of Russia’s crude oil, petroleum products, and natural gas accounted for 68% of Russia’s total export revenues in 2013, based on data from Russia’s Federal Customs Service. “Russia received almost four times as much revenue from exports of crude oil and petroleum products as from natural gas
20 Migrants Drown off Libya
Over twenty migrants have died, with dozens more still missing after their makeshift boat sank off Libya, the Libyan Navy reported. “A navy patrol on Monday rescued 22 clandestine migrants who were clinging to debris from their boat,” spokesman Colonel Ayoub Kassem told AFP. Surviving migrants rep
Summer Shoppers Active in Secondhand Market
The sale and purchase market of secondhand vessels is experiencing positive vibes as summer shoppers avail of the asset prices on the market. According to the latest weekly report from shipbroker Lion Shipbrokers, the week was very active, as 3 panamaxes, 3 supras & 2 handies changed hands. “Almost
ESC Delivers AEO Manifesto
The European Shippers’ Council (ESC) presented its Authorised Economic Operator manifesto (AEO manifesto) to the European Commission. With this manifesto, the ESC aims to give an indication of how, five years after the introduction of the AEO programme, this status is regarded by European Shippers
Choosing Body Armor for Maritime Workers
High risk jobs need to be faced with the correct levels of protective clothing. In the case of maritime personnel, body armor is one form of protection that should not be overlooked. The fact that there’s an increased level of difficulty in determining just when a threat may be faced, prepared marit
Northern Sea Route Accessible a Month Early
The Northeastern passage on the Russian side and Northwestern passage along Canada will open in August, making the route fully accessible to commercial shipping traffic approximately one month earlier than last year, Global Ice Center at Weathernews Inc. said in its 2014 predictions for ice concentr
Peters & May Introduce USA to Australia Vessel Shipping Service
Peters & May boat transport operator has announced the departure schedule of its newly introduced sailings from USA and Europe to the East Coast of Australia. The first sailing is scheduled from Newport and Fort Lauderdale in early October with a return trip from Sydney and Brisbane to West Palm B
Steady Sailing for Scorpio Tankers
Scorpio Tankers Inc. had a net loss of $0.6 million, or $0.00 basic and diluted loss per share, according to the shipper’s first quarter results. The company’s fleet expanded for 12 vessels, as it took delivery of four vessels (one LR2, two MR, and one ice-class 1A Handymax) in July 2014 and eight
Port of Hamburg Responds to Recent Bad Press
The online market survey implemented by an unnamed German trade paper for transport and logistics reported that 84 percent of respondents stated that they were already routing imports and exports in container traffic via other ports due to handling problems. The newspaper presented the findings of
Evergreen Improves Ireland and UK Services
Taiwanese-based Evergreen Line has revealed enhancements to its services to/from Dublin (Ireland) and Liverpool (Northwest England). From its hub in Rotterdam the line will offer a twice-weekly service to Dublin and dedicated slots on a weekly basis to Liverpool. The move is designed to more effec
Bathymetric Mapping in Atlantic Completed
In the latter half of 2013 the British Royal Research Ship, RRS James Cook, set sail for the Atlantic to conduct the field work component of a European Research Council funded project, Reconstructing abrupt changes in chemistry and circulation of the equatorial Atlantic Ocean: Implications for globa
Update: Braemar Completes Merger with ACM
Braemar Shipping Services Plc. has finalised the merger with ACM Shipping Group Plc. (ACM). ACM will merge with Braemar Seascope, the shipbroking division of Braemar Shipping Services, to form a new combined shipbroking business, which will trade as Braemar ACM Shipbroking. Braemar ACM Shipbroking
Costa Concordia Changes Hands
The notarial deed establishing the transfer of ownership of the Concordia from Costa Crociere to the Saipem/San Giorgio del Porto consortium was signed on Sunday, July 27, at 3.40 pm. The deed rules that the sale is carried out for the specific purpose of demolishing and recycling the wreck as agree
Dorian Ventures into New Markets
Dorian LPG Ltd., has entered into a Memorandum of Understanding (MOU) with HNA Logistics Group Co. Ltd. to explore opportunities in the liquefied petroleum gas (LPG) logistics market. Director and Vice President of HNA Logistics, Ximen Chen, said: “We will jointly engage in the development of gree