Green Marine
Scorpio Tankers Enters Agreement to Sell Product Tanker ‘STI Spirit’
Scorpio Tankers Inc. has entered into an agreement to sell its 2008 built, LR2 product tanker, STI Spirit, for $30.2 million. The sale is expected to close in April 2014. Scorpio Tankers Inc. currently owns 21 tankers (one LR2 tanker, four LR1 tankers, one Handymax tanker, 14 MR tankers, and one pos
Neste Oil to Outsource Its Ship Management Functions to OSM
Neste Oil and Norwegian-based OSM Group AS have agreed on a business transfer under which Neste Oil will transfer the ship management functions of Neste Shipping to OSM. OSM is a global provider of offshore and ship management services. The outsourcing of ship management functions is part of Neste O
New Kongsberg’s Information Management System for World’s Largest Cruise Ship
Dragutin Radobuljac, the Chief Electrical Engineer on Royal Caribbean Cruise Line’s mega cruise ship the Allure of the Seas, has described the new Kongsberg Information Management System (K-IMS) as a “Revolutionary upgrade,” with significant influence on vessel operations. K-IMS is a state-of-the-ar
Wilhelmsen Lines Shipowning Sells Shares in NOCC
Wilhelmsen Lines Shipowning AS (WLS) has accepted an offer to sell 6.5% of the shares in Norwegian Car Carriers (NOCC), the equivalent of 15,749,290 shares. After the transaction, WLS will have no remaining shares in NOCC. The transaction is subject to the offerer’s conditions being fulfilled or wit
London to Host TOC Europe 2014 (UK)
Ultra-large vessels, supply chain complexity and highly-productive ports are going to be discussed at 39th annual TOC Europe event. Making sense of scale in container shipping, carrier alliances and new service networks, and the impact of terminal productivity on supply chains will be key topics dis
Sweden: Port of Gothenburg Campaign Saved 120 Tonnes of Sulphur Emissions
The Port of Gothenburg’s campaign for a cleaner shipping industry is continuing to bear fruit. During 2013, 49 vessels took part in the programme. In total, they saved 120 tonnes of sulphur emissions. Shipping companies that switch to marine gas oil, LNG or another similar fuel with a maximum of 0.1
NorSea Group Signs Service Contract
NorSea Group has signed a nationwide contract with a consortium of operating companies for the delivery of base and logistics services. The contract came into force in January 2014 and has a duration of three years, plus options for up to 6 years. The companies in the consortium have an extensive dr
Port of Koper to Increase Maximum Permissible Draft to 13 Metres
Wednesday, the 19th February 2014, saw the commencement of dredging operations to deepen Basin I at the Port of Koper. This long-awaited project, which will fulfil Luka Koper’s commitment to ship owners, is of crucial importance in the future development of the company through enhancing the port’s c
New Shipping Alliance on the Horizon
COSCO, K Line, Yangming, Hanjin and Evergreen Line have agreed in principle to establish a shipping alliance which will be operational only on the trades between Asia and Europe, including the Mediterranean region, and it will be called the CKYHE Alliance. The lines intend to formally begin the new
UK’s Largest Harbour Crane Arrives at Able Seaton Port
The largest harbour crane in the UK will be arriving at Able Seaton Port today, marking a major step forward in Able UK’s expansion of its port facilities on both the Tees and the Humber. The multi-million Leibherr LHM600SHL mobile crane is being delivered from Rostock in Germany. It has been specia
Inmarsat Maritime Opens Smart Operations Dialogue
Inmarsat, a provider of global mobile satellite communications services, has staged the inaugural ‘Smart Operations’ conference, the first in a series of events seeking an open debate in the maritime industry over the operational benefits of integrated thinking on shore and ship communications. With
RS to Undertake Independent Assessment of QMS for Compliance with STCW Convention
In 2014, FAI Russian Maritime Register of Shipping (RS), under authorisation of the Russian Federation’s Ministry of Transport, has reported that it will undertake an independent assessment of quality management systems (QMS) of organisations engaged in simulator training as well as seafarer trainin
UK: Blueprint Marine Creates Dive Superyacht
In collaboration with PADI, the world-renowned diving organization, Blueprint Marine have created Dive Superyacht, specifically designed to assist superyachts with PADI recognition and training. This new service has been created as an effortless way for captains and management companies to ensure th
CMA CGM Extends Its FEMEX Service
The CMA CGM Group has extended its FEMEX service on the North Europe – Mediterranean trade. In order to improve the coverage of the North Europe – Mediterranean trade and coinciding with a growing existing demand, the CMA CGM Group is pleased to announce the extension of its FEMEX service in the Bla