Green Marine
UK Chamber of Shipping Comments Report on Shipping Strategy
The UK Transport Select Committee has published its findings following an inquiry into the government’s shipping strategy, focusing on the Maritime and Coastguard Agency and UK seafarer jobs. The committee undertook the review after Government and the shipping industry entered into a ‘strategic part
FreeSeas Sells Handysize Bulker MV Free Knight
FreeSeas Inc., a transporter of dry-bulk cargoes has sold the M/V Free Knight, a 1998-built, 24,111 dwt Handysize dry bulk carrier for a gross sale price of $3.6 million. The company expects that, as a result, a non-cash impairment charge of approximately $24 million will be reflected in its financi
Germany: HHLA Marks Increase in Business
Hamburger Hafen und Logistik AG (HHLA) throughput grew by 4.4 percent to 7.5 million standard containers (TEU). The companies in the realigned Intermodal segment increased their transport volumes by 18.0 percent to 1.2 million TEU. In the 2014 financial year, HHLA expects Group revenue to rise sligh
NAO Gets New CEO
Nordic American Offshore announced today that Tor-Øyvind Bjørkli (42) will join the company as CEO, effective April 1, 2014. He will be working from the Oslo office on the same premises as Orion Tankers; the chartering department of Nordic American Tankers Limited (NAT). A subsidiary of Nordic Ameri
The Port of Dover to Implement IFS Applications
The Port of Dover, operating Europe’s busiest international roll-on roll-off ferry port, is to implement IFS Applications. The Port of Dover handles around 13 million passengers, 2.6 million tourist vehicles, and 2.2 million freight vehicles per year. To further improve efficiency and performance vi
Menlo to Promote Rotterdam as Key Logistics Euro-Hub
Menlo Logistics, has had a presence in Rotterdam since the company began its European operations in January, 2003. It is now looking to develop its business at the 8,500 square meter facility still further. While Menlo’s current Rotterdam-based customers lie predominantly within the high tech sector
BMT Gets One Year Contract Extension with DfT (UK)
BMT Reliability Consultants (BMT), a subsidiary of BMT Group Ltd, secured a one year contract extension with the UK Department for Transport (DfT). BMT will continue working with the DfT to provide maritime statistics support, as part of the statutory legislative requirements set out in the Maritime
Finanstilsynet Completes Review of Financial Statement
The Financial Supervisory Authority of Norway (Finanstilsynet) has completed a review of certain aspects of Stolt-Nielsen’s consolidated financial statements for 2012. The company agreed to reverse $12.3 million of the non-cash gains on bargain purchase relating to the Acuidoro and Moerdijk acquisit
Canadian Minister of Industry Visits KOTUG
Canadian Minister of Industry, the Honourable James Moore, visited KOTUG’s Headquarters and sailed on board of the hybrid Rotortug RT Adriaan, the so-called E-KOTUG, in the Port of Rotterdam, on March, 24th 2014. The Prime Minister, Stephen Harper and the Minister of Industry, James Moore of the Gov
SHL in Long-Term Contract Deal with Rhenus Logistics
Seaway Heavy Lifting (SHL) has signed a contract with Rhenus Logistics to rent warehouse facilities, open storage area and quay – side for 10 years. From 1st March 2014 Seaway Heavy Lifting has its own Offshore yard facilities at Rhenus Logistics on the Maasvlakte in Rotterdam. Seaway Heavy Lifting’
CRS to Work Alongside Liberia
The Liberian Registry has authorised the Croatian Registry of Shipping (CRS) to act on its behalf in connection with the survey, audit, certification, and plan-review of Liberian-flag ships and the companies which operate them. The Liberian Registry adopts a proactive approach to the service which i
Chairman Behrendt: Hapag-Lloyd Falls Short of Expectations in 2013
Despite persistently tough competition, Hapag-Lloyd improved its result and transport volume in the previous financial year. EBITDA increased year-on-year by EUR 54.6 million to EUR 389.1 million. The operating result also saw a significant improvement, climbing by EUR 41.0 million to EUR 67.2 milli
Becker Marine Brings ‘Cross Over Rudder’ Innovation
By developing the „Cross Over Rudder“ the world leader in ship rudders, Becker Marine Systems, has again contributed in increasing energy efficiency in the shipping industry. Environmental protection and energy efficiency are often associated with significant cost savings in the shipping industry. W
TTS Group Secures Subsea Crane Order
TTS Group ASA has, through its subsidiary TTS Offshore Handling Equipment AS in Bergen has won a contract for delivery of a subsea crane. Value of the contract is approximately $5.9 million. The contract is with a European customer, and concerns delivery of an active heave compensated subsea crane.