Green Marine
Greece: ‘Navios Sun’ Delivered to Navios Partners
Navios Maritime Partners L.P. an owner and operator of dry cargo vessels, announced today that the Navios Sun, a 2005-built panamax vessel of 76,619 dwt, was delivered to Navios Partners’ owned fleet on January 17, 2014. The Navios Sun has been chartered out to a high quality counterparty for 12 to
Teekay Corporation Announces Creation of New Tanker Company
Teekay Tankers Ltd. (Teekay Tankers) and Teekay Corporation (Teekay) today jointly announced the creation of Tanker Investments Ltd. (TIL), which will seek to opportunistically acquire, operate and sell modern secondhand tankers to benefit from an expected recovery in the current cyclical low of the
Able UK Participates in Tender for Potential Recycling of Costa Concordia
ABLE UK Limited confirmed its participation in a tender process regarding the potential recycling of the Costa Concordia at its Teesside Environmental Reclamation and Recycling facility (TERRC) at Able Seaton Port. TERRC was previously selected by both the French and US Governments to recycle the fo
UK: ‘Ocean Endeavour’ to Support Shetland Gas Plant Project
The cruise ship Ocean Endeavour is on its way to Lerwick to provide floating accommodation for Petrofac in support of the Shetland Gas Plant project. It left Las Palmas in the Canary Islands at the weekend and may arrive in a week’s time. The ship is expected to remain in Lerwick for six months and
The Netherlands: Rabobank Releases Report on Offshore Wind Installation Vessels
Rabobank has issued a report called Navigating the future of offshore wind energy, which states that a radical redesign of offshore wind energy installation vessels is needed in the long-term to lower installation costs and realise projected capacity growth. The high growth rates in offshore wind en
Tow Tests Confirm Stability of GICON’s Floating Offshore Foundation
Analyses of the data from the latest tow tests conducted at the former hydraulic engineering and shipbuilding research station at the Technical University of Berlin (TU Berlin) confirmed that the GICON®-SOF Floating Offshore Foundation can be towed at a wave height of 11.5 feet (3.5m) and speeds of
VOS Discovery Provides Assistance to Workboat in Distress (UK)
Vroon, an international shipping company, reported that its offshore supply ship VOS Discovery, had responded to a distress call yesterday morning, while undertaking a routine cargo run into Great Yarmouth. The distress call came from the Norfolk Tern, a wind farm workboat, which had suffered a fire
Kotug Offshore Charters ‘ISA’ and ‘Meander’ Tugs for Platform Towage
Kotug Offshore chartered the tugs AHT ISA and AHT Meander for anchor handling and towage operations of the platform JB118 from the Borwin Alpha Site to the port of Rotterdam. On January 13th, 2014 both tugs started on location with anchor handling operations. Given the adverse weather conditions, th
Nine Super Post Panamax Cranes Delivered to Rotterdam (The Netherlands)
Never before, anywhere in the world, have nine Super Post Panamax container cranes been delivered at the same time in a port by the builders. Seven were built by ZPMC and two by Kalmar, all in China. ZPMC divided its shipment over its own special transport vessels the Zhen Hua 14, which will start u
Island Offshore Sells MPSV ‘Island Pioneer’
Island Pioneer KS, a subsidiary of Island Offshore Shipholding, LP, (IOSH) has sold the MPSV ‘Island Pioneer’ subsea construction vessel for MNOK 435 (approx. USD 70.4 million) in total proceeds. The transaction has generated MNOK 265 (approx. USD 42.8 million) in liquidity for IOSH, after repayment
Norway: Volstad Shipping Enters Chartering Contract
Volstad Shipping AS has entered into a contract with Maritime Logistic Service AS (MLS), where MLS charter the “Volstad Supplier” for a period estimated until mid-June 2014 with startup mid-January 2014. Charter hire NOK 200.000 per day (approx. USD 32.46). For PSV “Volstad Princess”, the contract w
Humber Coastguard Rescues Crewman from ‘Norfolk Tern’ (UK)
A crewman has been airlifted to hospital this morning after a fire on board a wind farm support vessel 4 nautical miles off Great Yarmouth. Humber Coastguard received a call from the vessel Norfolk Tern just after 8am reporting they had a fire in their starboard engine. They had managed to bring it
JBIC Supports Export of Bulk Carriers Built in Japanese Shipyard
The Japan Bank for International Cooperation (JBIC) has signed a buyer’s credit agreement totalling up to approximately 12.3 million U.S. dollars (JBIC portion) for funding the purchase of a bulk carrier with African Kite Shipping Co., Ltd. (AKS) incorporated in the Bahamas. AKS is a wholly-owned su
CLIA: International Cruise Industry to See Positive Growth This Year
As the cruise line industry continues to strengthen its global presence and with the economy in an ongoing recovery mode, Cruise Lines International Association (CLIA) and its cruise line members are looking forward to a positive year of growth with a 2014 passenger forecast of 21.7 million worldwid