Green Marine
UK: Humberside Port Development Project Marks Major Milestone
A huge re-enforced concrete pontoon, weighing almost 7000 tonnes, has floated out of dry dock on the north bank of the Tyne, marking a major milestone in a £25 million Humberside port development. Almost 18 million litres of water was pumped into the dock at Shepherd Offshore’s Neptune Energy Park t
Dutch Minister Melanie Schultz van Haegen Opens Maasvlakte 2
Dutch Melanie Schultz van Haegen, Minister of Infrastructure and the Environment, today opened Maasvlakte 2 to shipping. “Today we are clearing the way for international shipping and trade. That’s typical of the Netherlands. That’s how we became big. With Maasvlakte 2, the Netherlands is throwing th
EMGS Extends Charter Hire Period for ‘Atlantic Guardian’
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement with North Sea Shipping to extend the charter hire period for the vessel Atlantic Guardian from 1 September 2013 to 1 March 2014. Furthermore, EMGS has agreed to charter the vessel for an additional period of at least two years, wi
Farstad Shipping Announces Sale of PSV Lady Kari-Ann
Farstad Shipping ASA has, through its wholly owned subsidiary P/R International Offshore Services ANS, sold the PSV Lady Kari-Ann (1982, ME 202, 2,972 DWT). Delivery of the vessel to the new owner took place Tuesday 21 May 2013. Sale of the vessel will give a booked profit of approx. NOK 3.5 mill. i
Greece: Diana Shipping Enters into Loan Agreement with Diana Containerships
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, has announced that yesterday it agreed to loan up to $50 million to Diana Containerships Inc., a former wholly-owned subsidiary of the Company of which Diana Shipping Inc. currently owns a
Denmark: Maersk Captains Prepare for Triple-E Vessels (VIDEO)
The captains who will take charge of the Triple-Es have to prepare for the new vessel and its twin-skeg setup, which is different from the single engine and propeller on the E-class vessels (and other container vessels). They do this with the help of the same bridge simulation programme which is als
BMT Participates in EU Funded Project on Enhancing Maritime Safety
Almost 80% of collisions and groundings occur due to a failure of bridge systems and their usage. A new three year European Research Project, part funded by the EU has been launched to help increase safety on-board vessels. The project named CASCADe, (model-based Co-operative and Adaptive Ship-based
Gasum to Explore Plans for LNG Terminals in Finland
Gasum and the owners of the Tornio ManGa LNG project are collaborating to explore opportunities for liquefied natural gas (LNG) sourcing and shipping logistics for terminals in Tornio and Turku. The joint effort aims to create a cost-efficient, Finnish LNG sourcing and shipping solution for industri
The Netherlands: APM Terminals’ Q1 2013 Report
The result for the period of first quarter of 2013 was affected by reduced volumes in North America and Western Europe, as well as reduced activity level in Inland Services, following the divestment of Maersk Equipment Service Company Inc., USA (MESC) in March 2012. Positive developments in terminal
MEPC of IMO Pushes Forward with Energy-Efficiency Implementation
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) met for its 65th session from 13 to 17 May 2013, at IMO Headquarters in London. The Committee made significant progress in its work on further developing energy-efficiency regulations; adopted an MEPC
IMO Organizes Public Consultation on Reducing Administrative Requirements
Until 31 October 2013, the IMO will carry out an internet-based public consultation on the experience of administrative tasks in the maritime industry. The purpose is to reduce requirements that are unnecessary, disproportionate or obsolete. International regulation is of great importance to the adm
UK: BMT Reports Strong Financial Performance in 2012
BMT Group Ltd (BMT), the international design, engineering and risk management consultancy, has announced another strong financial performance for the year to 30 September 2012. By focusing on markets where it can deliver high-value customer solutions, revenues from BMT’s continuing businesses rose
UK: Passenger Ship ‘Serenissima’ Re-Floated
The passenger ship MS Serenissima that ran aground in Oban Bay yesterday, has now been re-floated. With 61 passengers and 51 crew on board, no injuries were reported. There was also no reported pollution and no signs of damage. The RNLI all-weather lifeboat from Oban, HM Coastguard’s Oban Sector Man
Greece: Paragon Shipping Inks New Credit Facility, Amends Previous One
Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced yesterday that it has signed an agreement for a $69 million credit facility with China Development Bank to partially finance its two 4,800 TEU containerships currently under construction, that