Green Marine
APM Terminals Announces Negotiation Result for Dutch Labor Agreement
APM Terminals Maasvlakte II has achieved a negotiation result on October 23 with the Dutch unions FNV and CNV on a principal agreement for a new collective labor agreement (CLA) effective January 1, 2014 through December 31, 2017. Negotiations started in June 2013 and has led to an agreement that gi
‘Bold Tern’ Loads Offshore Wind Turbine Components in Port of Ostend, Belgium
The various components of Alstom’s 6MW offshore wind turbine, currently one of the most powerful on the market, are in the process of being loaded onto the liftboat or self-elevating wind turbine installation and crane unit, “Bold Tern”, in the port of Ostend, Belgium. The vessel, owned by Fred Olse
Transas Opens Upgraded Training Complex in Bulgaria
An official opening of the upgraded training complex equipped with the Transas state-of-the-art simulators for N.Y. Vaptsarov Naval Academy took place on September, 30. Numerous high-rank officials attended the ceremony, dedicated to the start of a new academic year. Among them was Mr. Rosen Plevenl
Arctic Shipping: New Chapter in Maritime History
The international conference “Arctic Shipping and Offshore Activities: Responding to Safety and Environmental Challenges” hosted by Russian Maritime Register of Shipping (RS) took place in St Petersburg on 17 October 2013. Among the participants to the conference were Secretary-General of the Intern
Four New ECO LR2 Vessels for Navig8 Product Tankers
Navig8 Product Tankers Inc announced that it has closed the book for a private placement for gross proceeds of USD 150 million at a subscription price of USD 10.50 per share. The net proceeds from the Private Placement will be used to, inter alia, fully finance the equity portion related to the cons
Eletson, Blackstone Form LPG Shipping Company
Eletson Holdings Inc. today announced the formation of a joint venture with funds managed by Blackstone Tactical Opportunities to create Eletson Gas, a $700 million liquefied petroleum gas shipping company. As part of the agreement, Eletson will contribute its existing fleet of five medium-size gas
High-Viscosity PIB Carried by Ship to Be Subject to Stringent Discharge Requirements
IMO’s Working Group on the Evaluation of Safety and Pollution Hazards of Chemicals (ESPH 19), meeting at IMO Headquarters from 21 to 25 October, has agreed to classify high-viscosity PIB (Polyisobutylene) as category X for carriage by ship, thereby prohibiting the discharge of cargo residues into th
Kongsberg Presents New Simulator Diesel Electric Models for Engine Room Simulator
Kongsberg Maritime has introduced two new Diesel Electric models for its Engine Room Simulator, K-Sim Engine (previously Neptune). The DE88 Semi-Submersible Drilling Rig model, containing eight Wärtsilä 16V26 engines and eight thrusters, is already available, while the DE66 Drill Ship model, simulat
FreeSeas Announces Entering into Term Sheet for Investment of USD 10 Mill
FreeSeas Inc., a transporter of dry-bulk cargoes through the ownership and operation of a fleet of six Handysize vessels and one Handymax vessel, announced today that it has entered into a non-binding term sheet with an institutional investor for an investment of USD 10 million into the Company thro
Fairmount Tug Delivers ‘Ocean Valiant’ Rig to Port of Las Palmas
Fairmount Marine’s tug Fairmount Summit has delivered rig Ocean Valiant safely in the port of Las Palmas, Canary Islands. Fairmount Summit has towed the rig from offshore Cameroon over a distance of almost 3,000 miles. The Ocean Valiant is a semi-submersible drilling rig owned by Diamond Offshore Dr
Rosmorport Director Meets with Port of Zeebrugge Delegation
Deputy General Director O.A. Gubina on October 22, 2013 held a working meeting with the Vice -president of the port of Zeebrugge Mr. Vincent De Saedeleer, as well as representatives of the Association to support the interests of the port of Zeebrugge (Association Port of Zeebrugge Interests), the IC
CPLP Enters Charter Agreement for MT Avax
Capital Product Partners L.P. on Monday announced the successful chartering of the M/T Avax to BP Shipping. The M/T Avax (47,834 dwt, IMO II/III Chemical Product Tanker built 2007 Hyundai Mipo Dockyard, South Korea) was chartered in October 2013 to BP Shipping for a minimum charter term of one year
Erma First Receives AMS Acceptance Letter from USCG
ERMA FIRST S.A. one of the leading companies for Ballast Water Treatment, is amongst the very few companies that have already received the acceptance letter from USCG. ERMA FIRST BWTS received its AMS Acceptance letter on October 11th. The ERMA FIRST BWTS is a unique and innovative system designed a
Offshore Energy 2013: New Oil Spill Response Solution on the Horizon?
The maritime and offshore industries might be on the brink of a breakthrough discovery when it comes to oil spill response. Tinka Murk, Environmental Toxicology Professor at Wageningen University & IMARES has presented a new oil absorbent product at the Minimizing Environmental Impacts of Oil and Ga