Green Marine
Sixth Refloating Sponson on Concordia Wreck Now in Place
Installation of sponson S7 on the starboard side of the Concordia wreck has been completed, the salvage team said on Sunday, May 25th. This is the sixth out of a total of 15 refloating sponsons that will be attached to the starboard side of the wreck. In addition, Barge Micourier2 is at the site car
Rosneft Eyes Controlling Stake in Seadrill
Rosneft, Seadrill Limited and its subsidiary North Atlantic Drilling Ltd. signed an Investment and Cooperation Agreement lasting until at least 2022 at the 18th St. Petersburg International Economic Forum. The signing ceremony was led by Vladimir Putin, the President of Russian Federation. The agree
Vopak Enhances Benzene & Pygas Storage Capacity in Rotterdam
Vopak Terminal Botlek has completed the upgrading of its benzene and pygas storage capacity in the Port of Rotterdam. Total (seabound) throughput of BTX and pygas in the extensive Rotterdam cluster adds up to almost 3 million tonnes. This includes handling at terminals, production plants and ship-to
Top News of the Week 19th – 23rd of May
ATL Wins Its Largest Contract Atlantic Towing Limited (ATL) has secured a new ten (10)-year firm contract, plus a total of 15 years of options with ExxonMobil Canada Properties and Hibernia Management and Development Company Ltd. (HMDC) for four new state-of-the art Platform Supply Vessels operating
Vallianz Builds Up Its Fleet as It Sets Sights on New Markets
Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, will be boosting its fleet capabilities with the addition of platform supply vessels of Ulstein P128 and PX128 designs. The new PSVs are the first of its kind in the world and chart the
SFL Adds Two More Bulk Carriers
Ship Finance International Limited has reached an agreement to acquire two 82,000 dwt Kamsarmax dry-bulk carriers built in 2012, in combination with long-term time-charters to a state-owned Chinese charterer. The vessels are expected to be delivered to SFL within the next two months, and the aggrega
Rosneft Inks Deal to Take Over Prime Shipping
Rosneft President, Chairman of the Management Board Igor Sechin and Pietro Barbaro Group owner Giovanni Barbaro signed Heads of Agreement on acquisition of 95% share of Prime Shipping group of companies, engaged in transportation of oil and oil products by inland water-ways of the Russian Federation
Construction of ‘Bibby Athena’ on Track
Fabrication of the hull of the ‘Bibby Athena’ is now complete, Osiris Projects, part of Bibby Marine Survey Services, said in an update. Osiris Projects has release an updated timeline with the latest time lapse footage of the ‘Bibby Athena’ build so far. At the end of March, Bibby Athena was moved
APM Terminals Poti Eyes Further Growth
APM Terminals Poti has completed a comprehensive engineering study to prepare the port master plan for the future needs of Georgia and the hinterland countries, Armenia and Azerbaijan. The study was triggered by the rapid increase of container throughput which will exceed port capacity by 2017. In 2
UPDATE: Cheeki Rafiki Search Faces Suspension
Capt. Anthony Popiel, the Chief of Response for the 1st U.S. Coast Guard District, responsible for coordinating the overall search efforts for the crew of the Cheeki Rafiki said yesterday that the search will continue today as well. Nevertheless, as explained by Capt Popiel, “if, by midnight (May 23
Concordia Sponson Installation Speeds Up
The installation of sponsons on the Concordia wreck is gaining momentum despite several glitches that occurred earlier this month. According to the Parbuckling project team, the installation of four sponsons on the starboard side has been completed, those being S12, S11, S10 and S9. In addition, the
RDIF, Gazprombank Inject USD 700 Mln into LPG Terminal
A consortium of investors, made up of the Russian Direct Investment Fund (RDIF), a group of foreign investors and Gazprombank, has reached an agreement on terms of an investment into a liquefied petroleum gas (LPG) and light oil products transshipment terminal. This terminal is owned by the Russian
IMO Pushes for Container Weight Verification
The Maritime Safety Committee (MSC) of the International Maritime Organization (IMO) has approved changes to the Safety of Life at Sea (SOLAS) convention that will require verification of container weights as a condition for loading packed export containers aboard ships. The approved changes to the
MSC Cruises Back at Fincantieri for Two More
Today MSC Cruises signed a contract with Fincantieri for the construction of two new cruise ships, with an option for one more. The two ships will join MSC Cruises’ fleet, currently counting 12 ships. The signing took place at the Palazzo Chigi in Rome in the presence of the Executive Chairman of MS