Green Marine
AIDAcara’s Arrival in Kiel Opened Cruise Shipping Season (Germany)
This year’s cruise shipping season in Kiel opened on Saturday April 5th when the first cruise ship of the year, the ‘AIDAcara’, berthed in the port after sailing through the Kiel Canal. During this year’s season, which will last until mid October, 22 different cruise ships are scheduled to visit Kie
Damen Completes Upgrades of MPI Resolution ‘Spudcans’
Damen ARNO Dunkerque, part of the Damen Shiprepair & Conversion Group, has given a new set of ‘feet’ to the world’s first purpose-built offshore wind turbine installation and maintenance vessel, the 2003-built MPI Resolution. The yard has carried out upgrades on the feet or ‘spudcans’ of all the jac
GasLog Buys Six LNG Carriers
GasLog Ltd. (GasLog) has completed the acquisition of three ships from Methane Services Ltd. (MSL), an affiliate of BG Group, and agreed to acquire an additional three LNG carriers from the same company and to charter those ships back to MSL for six-year initial terms on average. The time charters b
Heesen Reaches Milestone on YN 17255
The hull and superstructure of the 55m steel fast displacement motor yacht have been joined together at Heesen Yachts Oss facility. YN 17255 was sold in February 2013 thanks to a beneficial collaboration with a commercial family office “Bilderlings Wealth” which represents the client and manages the
Greece: Navios Acquires 2003-Built VLCC
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has acquired a 2003-built VLCC of 298,287 dwt. The VLCC was purchased for $43.5 million and it will be delivered in Q2 2014. Navios Acquisition is expected to finance the acquisition with cash on its balance sheet and
HSH Nordbank Posts ‘Nine-Digit’ Loan Loss
As expected, high loan loss provisions resulting from the difficult situation on the shipping markets as well as substantial expenditure for the guarantee provided by the federal states of Hamburg and Schleswig-Holstein led to a loss in the nine-digit range. Due to the persistently tense situation i
Yamal LNG, Murmansk Enter Strategic Agreement for Sabetta Port
Russian companies Yamal LNG and Murmansk Shipping Company (MSCo) have signed a three-year charter party (contract) for delivery of cargoes to the Sabetta Sea Port. MSCo has won the contract thanks to its 75 years of experience in the year-round cargo deliveries to the difficult to approach ports and
KVH Brings 2014 FIFA World Cup to World’s Seafarers
KVH Industries, Inc., has come to an agreement with IMG Media to distribute video content of the 2014 FIFA World Cup™ to merchant ships. KVH will deliver coverage of the month-long tournament, which takes place in Brazil this summer, via KVH’s satellite network to merchant maritime customers, with t
DP World UK Hosts Senior Dubai Official
DP World Chairman HE Sultan Ahmed bin Sulayem welcomed this week senior Dubai official HE Mohammed Al Shaibani to DP World London Gateway port and logistics park in the UK. Mr Al Shaibani is the Director General of the Ruler’s Court of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice Preside
Great Future Plans for Luka Koper (Slovenia)
Luka Koper’s Management Board President Gašpar Mišič hosted LI Yong, Director General of United Nations Industrial Development Organisation (UNIDO) on 9th April 2014. Following the presentation of the port and its development plans Mr LI Yong concluded that Luka Koper is well organised and not impor
Box Ships Commences Public Offering of Common Shares
Box Ships Inc. has commenced an underwritten offering of units consisting of its common shares and warrants. The company intends to grant the underwriters of the offering a 45-day option to purchase an additional 15% of the units sold in the offering to cover over-allotments, if any. In the event th
Havyard Group Gets New Training Manager
In order to further strengthen Havyard Academy, Havyard Group has now appointed Pergunn Gjerdsbakk as the new Training Manager. She will be responsible for improving the Academy, its programs, and to motivate and follow up competence development of its own employees. Technology development and innov
Air Products’ Single Largest Order of PRISM Nitrogen Systems
Air Products AS in Kristiansand, Norway has received its single largest order of PRISM® nitrogen systems for shipboard applications in the last 30 years. The order, from one of the world’s largest energy companies, involves retrofitting 25 liquefied natural gas (LNG) vessels by replacing a competiti
‘Ocean Fighter’ Secures New ERRV Service Contract
Saipem has awarded Ocean Fighter a contract for ERRV service for up to 200 days to follow the crane vessel S7000. The vessel will commence the contract on 14th April. Ocean Fighter is a Standby/Supply vessel, owned by Atlantic Offshore Alpha AS and managed by Atlantic Offshore Management AS. The shi