Green Marine
Bureau Veritas Issues LNG Bunkering Guidelines
International classification society Bureau Veritas has published a comprehensive set of guidelines on LNG Bunkering, with the aim of speeding adoption of LNG as a ship’s fuel by kick starting the LNG bunker chain. Jean-Francois Segretain, Technical Director, Marine and Offshore Division, Bureau V
Banks Pulling Out from Torm’s Restructuring Talks
Only five banks are left standing from the initial thirteen in the negotiations to restructure Danish debt-stricken shipping company Torm. Danske Bank is said to have pulled out from the talks, according to sources cited by the Lloyd’s List, who said that the bank is trying to divest its stake in
Interview: Find and Be Found with Shippingcluster
The shipping industry has been sailing on some rough tides and is still facing challenging times ahead as the industry players gear up for ever stringent regulations. Having that in mind, it seems that the time has come for a stronger unity between the relevant stakeholders. As a result, it may be t
Concordia’s Salvage Team Weathering the Storm
Everything is falling into place for what is said to be the most challenging salvage project in the history, that of Costa Concordia’s refloating and subsequent towing for scrap. Despite strong winds during the night, the Concordia wreck has emerged for about 11 meters, according to the salvage te
Fiji Ready for Economic Partnership with EU
The Government of Fiji has notified the European Union of its decision to apply the interim Economic Partnership Agreement (EPA) with the European Union, rendering the EPA between the two parties ready for implementation. The EPA provides for free access into the EU for all products from the count
Port of Southampton Bringing Home the Bacon
The latest statistics from consultants Arup show that the Port of Southampton contributes £990m (USD 1,69bn) to the UK economy every year, including £714m (USD 1,22bn) for the Solent region. They also show that the port supports 14,730 jobs. The report confirms that ABP has retained its position a
FreeSeas Facing Delisting from Nasdaq?
FreeSeas Inc., a transporter of dry-bulk cargoes seated in Athens, Greece, said that it has been notified by NASDAQ Stock Market of its failure to meet listing requirements. FreeSeas has received two letters stating that, for the previous 30 consecutive business days, the bid price of the company’
FSA Training Course Held in London
International Association of Classification Societies (IACS) held a one-day Formal Safety Assessment (FSA) training course for delegates attending the first meeting of the IMO Sub-Committee on Implementation of IMO Instruments (III 1), in order to facilitate a wider understanding of the (FSA) proces
Russia Reveals Sabetta Port Construction Contractors
The Russian Government has appointed USK Bridge and Mezhregiontruboprovodstroy as contractors for the construction of Sabetta Port on Yamal Peninsula, Siberia. The USK Bridge and Mezhregiontruboprovodstroy infrastructure companies will be contracted for the construction of seaport Sabetta, part of
Cargo Traffic Stabilization on the Horizon for Novorossiysk Port
Russia’s commercial sea port operator Novorossiysk Commercial Sea Port Group (NCSP) has disclosed that its consolidated cargo turnover in January-June 2014 amounted to 68.7 million tonnes. Liquid cargo comprised 54.9m tonnes (down 10.0% year-on-year); bulk cargo totaled 4.9m tonnes (up 62.7% year-
Warming Planet Sees Ever Rising Sea Levels
In 2013, the vast majority of worldwide climate indicators—greenhouse gases, sea levels, global temperatures, etc.—continued to reflect trends of a warmer planet, according to the indicators assessed in the State of the Climate in 2013 report, released online on July 17th by the American Meteorologi
Oil Spill Scare at Concordia Wreck
At about 11 pm last night, a small amount of hydrocarbons was spotted in the mid ship/aft of the Concordia wreck, the Parbuckling team informed. The Oil Spill Response team was immediately activated and the area was cleaned through the use of absorbent booms. At the moment, there is no evidence of
19 Migrants Die off Lampedusa, Italy
The Italian Navy has disclosed that nineteen people died in an effort to reach Italy on a boat carrying hundreds of migrants en route to the Italian island of Lampedusa, Reuters reports. The bodies were found in the hold of the boat, leading the Italian Navy to believe that the cause of death is c
Antwerp to Make LNG Permanently Available
By 2016, it should be possible for barges to fill up with LNG at a permanent bunkering station in the port of Antwerp, the port officials announced. Truck-to-ship bunkering is already possible, but by setting up a bunkering station the port of Antwerp aims to make LNG permanently available. In com