Green Marine
Nigerian Pirates Cost UK Dearly
The UK economy is heavily exposed to lawlessness off the coast of Nigeria, a new report published by the UK Chamber of Shipping says. The report found that almost all of the UK’s annual £6.3bn ($11.47bn) of trade with the region is put at risk by being moved through the high maritime crime region
IMDO: Northern European Container Volumes About to Climb
Box traffic in Northern Europe’s six largest ports will rise by 6.9% in the latter half of 2014, the Irish Maritime Development Office (IMDO) said in its Shipping Market Review referring to the Lloyd’s List findings. According to the latest Global Port tracker report published by Hackett Associate
Portsmouth Port Sets LNG Bunkering Project in Motion
Lloyd’s Register (LR) has commenced a project to identify the technical specifications and develop operating procedures for safe LNG bunkering in Portsmouth International Port. The project will make Portsmouth the first UK LNG bunkering facility and hub. Leonidas Karistios, Global Gas Technology M
Boat Smashes into Norwegian Oil Rig, 60 Workers Evacuated
A moving supply boat has smashed into the suspension legs of a Statoil rig in Oseberg Øst, an offshore oil field in the North Sea, early this morning ( around 1.a.m local time), Norwegian news provider The Local writes. The rig and the supply boat have been slightly damaged in the collision, but for
Vessel Sharing Alliances Bring About Port Congestion
Rising congestions at North European ports are set to continue as vessel sharing alliances (VSA) develop, Drewry Shipping Consultants said in their latest research. The current congestion poses significant challenge to port calls at Rotterdam and Hamburg. According to Drewry, the recent decline in
Tidal Installations Might Hamper Smooth Sailing in UK
The Royal Yachting Association (RYA) has expressed concerns that recently announced tidal current installations might pose a navigational hazard, particularly the one planned in Strangford Lough, Northern Ireland. The Crown Estate has agreed seabed rights for six new wave and tidal current demonst
SNMC Workers Called to End Strike
French political scene has put enormous pressure on workers of the debt-stricken ferry operator Societé Nationale Corse-Méditerranée (SNCM) who have been on strike since June 24. The workers have been urged to end their strike and allow for the company’s restructuring, which many workers fear will
Records Broken at Port of Dover
A record number of freight vehicles departed on services through the Port of Dover on July 8th, reaching numbers not seen since before the recession. Some 5,337 freight vehicles departed for Calais and Dunkirk from Europe’s busiest ferry port, beating the previous record of 5,322 set in 2008. It w
Court Clears ACM-Braemar Merger
Shipbroker ACM announced that the Scheme relating to the recommended merger of ACM with Braemar was approved on July 7 at the Court Meeting and that the Special Resolution was approved at the general meeting. Completion of the Scheme remains subject to the satisfaction or waiver of the remaining con
UK Chamber of Shipping Updates Master’s Guide
The UK Chamber of Shipping has published its revised Master’s Guide to Shipboard Disciplinary Procedures. The new edition brings the guidelines up to date with recent developments in the shipping industry. The Code of Conduct for the Merchant Navy is a well-established document, setting out princi
EC Launches Investigation into Tax Exemptions for Dutch Ports
The European Commission has opened an in-depth investigation to verify whether exemptions from corporate tax granted under Dutch law to public companies, including port operators, are in line with EU state aid rules. The Commission has concerns that exempting certain companies merely because they
Maersk, MSC Establish Ten-Year VSA
Maersk Line and Mediterranean Shipping Company (MSC) have signed a 10 year Vessel Sharing Agreement (VSA) on the Asia-Europe, Transatlantic and Transpacific trades. The VSA will be referred to as 2M, and it replaces all existing VSAs and slot purchase agreements that Maersk Line has in these trades.
UASC Fleet Goes Green
The Siemens Drive Technologies Division is equipping 17 container ships owned by the United Arab Shipping Company (UASC) with an environmentally friendly drive and power generation system (Siship SGM) under contract from Hyundai Heavy Industries, the largest shipyard in the world. Using a waste he
DNV-GL: Energy Saving Practices Underused
The latest Energy Management Study issued by DNV-GL has shown that shipping companies are still not utilising all the tools at their disposal to achieve reduced energy consumption. Many shipping companies have realised first savings, but only a few have succeeded in realising savings above 10%. Th