Green Marine
Orange Joins EU Cloud-Based Ship Management ERP Initiative
Orange Business Services has joined a European Union-sponsored initiative to play a key role in the development of new business intelligence and IT standards that are set to improve management tools used by the shipping industry. A key goal is to help shipping companies take complex decisions on the
Holland America Line Opts for INTERSCHALT VDR G4
Holland America Line’s fleet of 15 ships annually offers more than 500 cruises to 415 ports of call in 98 countries, territories or dependencies. This demands a commitment to safety and sustainability, which led the company to retrofit the VDR system of its entire fleet with the INTERSCHALT VDR G4.
New Contracts for SeaBird’s Vessels
SeaBird Exploration Plc (SeaBird) said that the company has secured three contracts with a combined estimated duration of 40 days and a value of approximately USD 5 million. The first contract is for the seismic vessel Harrier Explorer which has been awarded a two-month extension to the current cont
NewLead to Acquire Two Eco-Type Handysize Vessels
NewLead Holdings Ltd. (NewLead) has executed definitive agreements for the acquisition of two eco-type 31,800 dwt, Handysize bulk carriers built in 2012 for a total acquisition price of $37.0 million. The two eco-type vessels are expected to be delivered in NewLead by the end of June and July this y
EU Parliament Passes ‘the North Pole’ Resolution
The European Parliament has passed a resolution calling for a protected area around the North Pole which could ban oil companies and industrial fishing fleets from the region. The text echoes the demands of an international campaign which has attracted the support of over five million people includi
EU Ports Policy: Time-Out Not an Excuse to Wind Down Efforts
MEP Knut Fleckenstein, the rapporteur on the European Commission’s proposal for a Regulation on Market access to port services and financial transparency of ports announced yesterday that the legislative procedure for this particular file will be suspended. Mr Fleckenstein stated three reasons for h
Bureau Veritas Cuts Energy Saving Time with HydrOcean
Leading international classification society Bureau Veritas has entered into a technical and commercial co-operation agreement with French hydrodynamic specialist HydrOcean. Under the agreement, HydrOcean will provide advanced Computational Fluid Dynamics (CFD) services to Bureau Veritas’ shipping a
Island Offshore Secures Several New Contracts
In the last four months Island Offshore has secured new contracts, as well as extensions of existing contracts, worth close to 1 billion NOK (USD 167 million). “We are very pleased to have secured these new contracts, all with strategically important customers. We have an attractive fleet to offer t
Outsize Load Left Port of Antwerp
An outsize load left the port of Antwerp yesterday morning on its way to Norway. A container crane with a height of 69 metres was loaded on board a pontoon in the Delwaide dock. The crane was transported with a bascule laid horizontally, giving the convoy the extraordinary dimensions of 145 metres l
Golden Ocean Buys Out Capesize Bulker from Its Joint Venture Partner
Golden Ocean Group Limited has acquired the outstanding 50% of the 2009 Korean built 180,000 dwt Capesize bulk carrier Golden Magnum from its Joint Venture partner. The vessel was acquired in May 2013 and delivered in June of the same year. The Company believes that there is still some upside potent
MPA Participates in Norway-Singapore Arctic Symposium
The Maritime and Port Authority of Singapore (MPA) and the Royal Norwegian Embassy, with support from the Singapore Maritime Institute and Innovation Norway, organised the Norway-Singapore Arctic Symposium on Friday, 14 March 2014. Mr Andrew Tan, Chief Executive, MPA who delivered the welcome remark
Paragon Expects Stronger Drybulk Market
Michael Bodouroglou led Paragon Shipping has released its results for the fourth quarter and year ended December 31, 2013. Net revenue of $15.6 million in the fourth quarter of 2013, up 20.3% year over year Adjusted EBITDA of $4.7 million in the fourth quarter of 2013, up 6.6% year over year Adjuste
ABB Wins Energy Management Systems Order for Baleària Ferry
ABB has won an order from Spanish ferry operator Baleària to supply energy management systems for one of its largest vessels. ABB’s advisory software will be installed onboard the ferry Martin i Soler, with an option to extend the project to two further vessels in the Baleària fleet. The package sup
Rand Takes a Danish Flagged Chemical Tanker
Rand Logistics, Inc. today announced the acquisition of a Danish flagged chemical tanker that will be converted to a Canadian flagged river class self-unloader vessel. The new vessel will support recent new long-term contract awards which begin in April 2015. The acquisition and conversion of this v