Green Marine
Germany: Port of Hamburg Hires 100 New Staff Members
Hamburger Hafen and Logistik AG (HHLA) hired approximately 100 new staff members. The first fifteen of these new employees have completed their qualification training and will now take up their positions at the Container Terminals Altenwerder and Burchardkai. Their training was conducted in partners
Norway: Höegh LNG Receives Commitments Letters for USD 400 Mln Loan
Höegh LNG has received commitments letters from seven international banks for a USD 400 million Senior Secured Credit Facility for the financing of FSRU #3 and FSRU #4. The Facility has a five year post delivery tenor and a fifteen years repayment profile. The Facility is without charter employment
Top News of the Week January 20 – 25, 2014
Missing Vessel Feared Hijacked Liberian flagged tanker MT Kerala could be hijacked, a specialist maritime intelligence agency Dryad Maritime warned. The vessel, owned by Dynacom Tankers, has been reported missing off the coast of Angola, having last been sighted seven nautical miles NNW of Luanda. G
France: Le Havre Port Marks Milestone
HAROPA Port du Havre will get EUR 57 million to prepare for the development of offshore wind in the Le Havre area. This agreement was signed on Tuesday, January 21, at the Grand Port Maritime du Havre, and marks a milestone in the offshore wind industry in the area. In the fall of 2011, manufacturer
UK: London P&I Club Issues Renewed Warning on Cargo Liquefaction
The London P&I Club says the lifting of an iron ore ban in India, together with the recent total loss of two ships, has put the spotlight once again on the problem of cargo liquefaction. In the latest issue of its StopLoss Bulletin, the club says, “There are specific challenges involved in the expor
US Carrier Personnel Explore HMS Queen Elizabeth
Senior members of the US Navy and US Marine Corps visited HMS Queen Elizabeth in build at Rosyth ahead of key talks with the Armed Forces Minister Mark Francois last Thursday. After meeting representatives of Navy Command Carrier Strike team, the Aircraft Carrier Alliance, and the ship’s company, th
Norwegian Maritime Authority Gives IKM Permission for Radio Inspection
IKM Instrutek AS is now approved to perform radio inspection on behalf of the Norwegian Maritime Authority. Sales Director Rune Hassum informed that as of 1 February 2014 IKM Instrutek AS has signed a contract with the Norwegian Maritime Authority to perform radio inspections onboard Norwegian flagg
Prosafe Reveals Operational Update for Q4 2013 (Norway)
Prosafe, owner and operator of semi-submersible accommodation vessels, has released an operation update for the fourth quarter of 2013. Utilisation in the fourth quarter of 2013 was 82 per cent. Safe Caledonia, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency wer
UK: TLT Continues to Grow
Portcentric operation The Logistics Terminal has continued to show rapid growth, with 2013 seeing throughput up 100% for the second consecutive year. TLT was set up in January 2011at the Port of Tilbury, and now deals with more than 12,000 TEU’s a year across the operation of container collection, r
London Gateway Doubles Cargo Lifting Ability (UK)
DP World London Gateway has become the first port in the UK to lift four containers at one time on its quay cranes, which doubles the amount of containers it can lift in one go. The spreader is capable of handling four twenty foot containers or two forty foot containers at a time, this doubles [&hel
Costa Concordia to Be Refloated before Summer
Members of the team engaged in Costa Concordia removal project informed the public about the next important steps of the project on January 10th in Rome. After the successful parbuckling that took place on September 17, 2013, the next objective is now the refloating of the Concordia before summer 20
Norway: DNV GL Names New Group Chief Technology Officer
Lutz Wittenberg has been appointed the new Group Chief Technology Officer at DNV GL. In his new role, Lutz Wittenberg will be responsible for group-wide technology developments and report directly to Group CEO Henrik Madsen. In addition, he has become a member of the DNV GL executive committee. “I a
DHT Holdings to Acquire Two VLCCs
DHT Holdings, Inc. (DHT) has agreed to acquire two VLCCs built in 2006 and 2007 for a total of $99.0 million. The vessels will be delivered during February 2014. The company will fund the acquisition through a combination of conventional mortgage financing and an acquisition facility. “DHT considers
Talis Capital Completed 2013 with Shipping Transaction
Talis Capital, a London based Investment Advisor, completed 2013 with a shipping transaction: the acquisition of a 12,200dwt general cargo vessel, built in 2011. The vessel will operate in the Black, Mediterranean and Azov sea region, alongside the existing fleet. Full ship management services will