Green Marine
Russian Sailing Ship ‘Pallada’ Conducts 125-th Anniversary World Tour
The classic three-mast Guinness book nominee as the world fastest (18 knots) Russian sailing ship “Pallada” is conducting its 125-th anniversary tour around the world has left the port of Incheon city in South Korea and is now set for Malaysia to Penang. The ship carries 90 cadets from the Russian F
DNV GL Secures Multi-Million GBP Contract for Statoil Mariner Project (UK)
DNV GL UK has secured the third party ICP (Independent Competent Person) multi-million GBP contract, related to compliance with UK Offshore Regulations for the Statoil Mariner project. The award is the culmination of two years’ of project FEED support, assisting Statoil in developing Performance Sta
HMS ‘Grimsby’ Visits East Coast Port after Two Years (UK)
It’s been two years since the Faslane-based warship last had the opportunity to visit the East Coast port, coming alongside Royal Dock in the shadow of the town’s landmark Dock Tower. Once safely berthed, sailors had a myriad of duties to perform aboard and ashore: a reception for the ship’s company
Spanish Cargo Ship Luno Splits off French Coast
A Spanish general cargo ship Luno, split in two yesterday and sank after slamming into a seawall off the southern coast of France, near Bayonne, Reuters informs. The vessel was experiencing engine problem since it left the port, and additional problem was caused by the strong winds, which were blowi
Former Cruise Liner ‘Explorer’ to Dock at Lloyd Werft (Germany)
The former cruise liner “Explorer” – now a very special floating university with lecture theatre, students’ hostel and refectory as well as other amenities – is to dock at Lloyd Werft Bremerhaven from May 4th to May 16th. It will be the first visit to a German shipyard by the 180 m long, 24318 GT [&
DHT Holdings Secures Financing for Fleet Expansion
DHT Holdings, Inc. has closed its previously announced registered direct offering of 30,300,000 shares of its common stock at a price of $7.50 per share. DHT received net proceeds of approximately $217.0 million after the payment of placement agent fees. DHT said that the company intends to use the
Navios Acquisition Takes Delivery of VLCC ‘Nave Galactic’
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has taken delivery of the Nave Galactic, a 2009-built VLCC of 297,168 dwt. The Nave Galactic was purchased for $51.5 million, as part of the three VLCCs acquired in November 2013. Navios Acquisition also reported that
CargoFlexX Delivers Dry Bulk Handling System to Maersk
CargoFlexX b.v. has delivered a fully automated dry bulk handling system to Maersk Supply Service. The new system for Møller-Maersk was delivered within a record-breaking time span. The dry bulk handling system has been installed on-board of a Maersk Supply Service vessel from 2009. The system’s com
M&M Bank Appoints New Member to Its Board of Directors (Norway)
Maritime and Merchant AS (to be renamed Maritime & Merchant Bank ASA), which was granted a banking license by The Financial Supervisory of Norway (FSAN) on the 28th of January for establishing a global bank dedicated solely to the shipping and offshore industries, has announced the appointment of Da
Euronav Completes Debt Financing of Maersk VLCC Fleet Acquisition
Euronav NV has reported that debt financing of the Maersk VLCC fleet acquisition is completed. Namely, the company has issued a USD 235 million 7-year bond to the same investors who participated in the capital increase of 13 January 2014 and it has signed a commitment letter for a USD 500 million se
UK: WMA Reveals New Mobile App for Merchant Navy Personnel
Warsash Maritime Academy (WMA), part of Southampton Solent University, is the first training provider to offer a learning app dedicated to support the training of maritime personnel. The Warsash app is available to download free from the Apple iTunes Store and it enables seafarer’s access to updated
Hutton’s Group Expands Its Renewables Service (UK)
Hutton’s Group – the UK’s leading ship supplier – is expanding its Renewables Division to better service the growing offshore oil and gas and renewable energy sectors. Hutton’s Renewables has relocated to larger quayside premises in the centre of Great Yarmouth’s vibrant maritime community in order
Trace International Joins Forces with DA-Desk on Creating Shipping Transparency
TRACE International and DA-Desk FZ-LLC revealed a partnership to create greater transparency in the shipping industry. The first-of-its-kind shipping industry partnership pairs TRACE, the worldwide leader in setting the standard for global compliance due diligence, with DA-Desk, the largest independ
Scorpio Bulkers Enters Charter-In Agreements for Five Vessels
Scorpio Bulkers Inc. has agreed to time charter-in five dry bulk vessels. The terms of the time charter-in contracts are summarized as follows: A 2009 built Panamax for five to seven months at Company’s option at $15,900 per day. The vessel was delivered on January 23, 2014. A 2010 built Post-Panama