Green Marine
DFDS Tailors Operations in Baltic Sea to Customer Demands
Northern Europe’s largest shipping and logistics company DFDS has decided to introduce changes to the operations on the Baltic Sea market as part of the ongoing adaptation to changes in customer demands and markets. As customer demand for shipping services between Sweden and the Baltics continues to
Port of Koper Welcomes Biggest Vessel Ever
On the 8th of May 2014, the Port of Koper, Slovenia saw the arrival of the largest cargo vessel ever, the 327-metre long Helen N, which was delivering 200,201 tonnes of iron ore, another record for the port. A test shipment of iron ore briquettes shall also be arriving in the near future, and such [
Tanker Investments Adds Four More to Its Fleet
Tanker Investments Ltd. said that it has agreed to acquire two 2012-built coated Aframax tankers from a third party for an aggregate purchase price of $95 million. These two vessels are expected to join Tanker Investments’ fleet upon closing in late-May and early-June 2014 and will continue to trade
Ocean Yield Buys Two PCTCs, Charters Them Out to Höegh
Ocean Yield ASA has agreed to acquire two Pure Car Truck Carriers (PCTC) of 4 900 car capacity with long- term bareboat charters to Höegh Autoliners (Höegh). The vessels, which were built in 2010, will be delivered to Ocean Yield within Q2 2014 and will from delivery be chartered to Höegh for a peri
NATO Warships Provide Anti-Piracy Training to Regional Partners
Two NATO counter-piracy task force (CTF-508) warships, ITS MIMBELLI and TCG GÖKÇEADA, recently engaged in training regional partners in counter-piracy operations to enhance their respective abilities in improving maritime security in the waters off their coasts. Last week, the Italian frigate ITS MI
‘Athens Declaration’ on EU Shipping Policy Adopted
EU Maritime Ministers met yesterday in Athens under the chairmanship of the Greek Minister of Shipping, Maritime Affairs and the Aegean, Mr Miltiadis Varvitsiotis, to discuss the mid-term review of the European Commission’s 2009 Maritime Strategy Communication, the European Community Shipowners’ Ass
Congestion, Delays and Bad Weather Affect Odfjell’s Q1 Operation
The time-charter results are in line with the last quarter, according to Odfjell’s first quarter results for this year. Namely, chemical tankers EBITDA for the first quarter of 2014 is USD 17 million, compared with USD 19 million in the fourth quarter of 2013. The tank terminal results remained stab
EMGS, TGS Broaden Cooperation in Barents Sea
Electromagnetic Geoservices ASA (EMGS) and TGS have agreed to further expand the companies’ cooperation agreement in the Barents Sea. Currently, TGS has a 30% ownership in the multi-client EM data over 17 blocks in the Hoop area. The agreement will be expanded with 4 new blocks in the Hoop area and
Dredging at Port of Damietta’s Access Channel Kicks Off
Trailing suction hopper dredger named Werner Mobius arrived at the Port of Damietta, Egypt on Tuesday, May 6th to start the process of dredging and removing sediment in the access channel of the port, Adm. Abdul Kader Darwish, Chairman of Damietta Port Authority said. Chairman Abdul Kader added that
CC Marine to Provide Mechanical Seals to Two Cruise Lines
International marine spare parts specialist CC Marine has secured a six figure contract to supply P&O Cruises and Cunard Line with mechanical seals. The three year deal will see the Hampshire-based company working in partnership with the two cruise lines to provide technical support, and manage and
Polarcus Naila Starts Full Production on “UK Breagh” Survey
Polarcus Naila commenced full seismic production on Wednesday, 07 May, only three days after the start of her post-upgrade mobilization, announced by Polarcus Limited on May 5th. Polarcus Naila is acquiring the “UK Breagh” RightBand (TM) multi-client project. The survey is designed to provide enhanc
Wilh. Wilhelmsen ASA Records Weaker Profitability in Q1
A decrease in demand for auto transportation, partly due to seasonality and bad weather, combined with an unfavourable trade mix led to weaker profitability in the shipping segment quarter on quarter, Wilh. Wilhelmsen ASA said in its results for the first quarter of 2014. The operating profit was al
Sevan Voyageur FPSO to Feature Trelleborg’s Mountings
The pump manufacturer Ruhrpumpen has chosen Trelleborg Gimbal Mountings for its water injection package for LNG in Gjerdrum, Norway. The package is placed on a special designed Floating Production, Storage and Offloading (FPSO) unit from Sevan Marine, the “Sevan Voyageur.” Trelleborg’s gimbal mounti
Collapsed Sponson Repositioned, Damage Assessment to Ensue
The sponson S13 installed on the starboard side of the Concordia wreck has been restored to a horizontal position, according to Titan Micoperi salvage company’s response to media reports regarding “a new disequilibrium of sponson S13” on the wreck. Namely, the sponson, which was the first to had bee