Green Marine
Clarksons Falls Victim to Cyber Security Breach
London-based provider of shipping services Clarkson PLC was hit by a cyber attack, which involved unauthorized access to the company’s computer systems, Clarksons confirmed earlier today. “As soon as it was discovered, Clarksons took immediate steps to respond to and manage the incident. Our initial
Flame-Defying Maritime Pilots Win IMO Bravery Award
Two maritime pilots who defied fire to bring a burning ship to safety, averting a major maritime catastrophe, received the 2017 IMO Award for Exceptional Bravery at Sea during the 2017 IMO awards ceremony, held on November 27. Pilots Captain Michael G. McGee and Captain Michael C. Phillips, from Hou
Noble Group Selling Four Kamsarmaxes to Cut Debt
Commodities trader Noble Group said on Wednesday that it has inked a deal to sell four Kamsarmax dry bulk carrier vessels for a total of USD 95 million. “The consideration was arrived at after arm’s length negotiations between NGL and the buyers, on a “willing buyer willing seller” basis, and taking
German Court Rejects Appeal against Elbe River Dredging
The Port of Hamburg may finally see more giant containerships enter its waters. Namely, the Federal Administrative Court in Leipzig dismissed on Tuesday, November 28 the actions brought by the towns of Cuxhaven and Otterndorf as well as by Elbe and coastal fishermen against the planning approval dec
Alphaliner: Containership Fleet Breaks 21Mn TEU Mark
The cellular containership fleet has reached a new high of 21 million TEU in November, according to Alphaliner. However, the fleet growth was somewhat slower than expected over the past two years as it took 22 months for the fleet to pass the 20 million TEU threshold. As disclosed, this is the slowe
Scorpio Tankers Targets Fresh Funds from Share Offering
Monaco-based tanker owner Scorpio Tankers revealed plans to the public 30 million shares of its common stock, par value USD 0.01 per share through an underwritten public offering. The company said that it would use the net proceeds of the offering to strengthen its balance sheet and for general corp
NSU Pens 25-Year COA with Vale
Japanese shipowner NS United Kaiun Kaisha (NSU) has signed another 25-year contract of affreightment (COA) to transport Brazilian iron ore with the world’s largest iron ore producer Vale on November 27, 2017. NSU said that the contract relates to the transportation of an estimated volume of 40 milli
Sea Shepherd Releases Graphic Video of Japanese Whaling
Sea Shepherd Australia informed that it has managed to obtain the release of footage of Japanese whaling practices taken by the Australian government during a 2008 Australian Customs mission to the Antarctic. “The Australian Government has suppressed this footage for years,” said Jeff Hansen, Managi
Wisdom Marine in Ship Acquisition Mode
Taipei-based shipping company Wisdom Marine Lines informed that its board of directors has approved the purchase of one 63,700 dwt bulk carrier. As informed, the ship will be bought from Chijing Shipping. Wisdom Marine said it will pay USD 26.5 million in installments until the delivery of the bulke
Product Tanker Fired Upon off Yemen
A product tanker was fired upon while underway some 33 nautical miles South West of Mukalla, Yemen on November 21. The vessel was chased by a speedboat manned by a group of armed persons, who opened fire upon the tanker once it closed in. The crew of the tanker raised the alarm, increased the speed
CMA CGM, Seatrade to Restructure VSA
French container shipping giant CMA CGM Group and specialised reefer transporter Seatrade Group have decided to restructure the vessel sharing agreement (VSA) reached earlier this year. Under the VSA, unveiled in July 2017, the companies intended to link Northern Europe, the East Coast of the United
IMO: World Expects Bold Goals on Cutting Emissions from Shipping
The whole world would be watching the International Maritime Organization (IMO) in 2018, looking for something of real substance when it comes to reducing greenhouse gas emissions from international shipping, IMO’s Secretary-General Kitack Lim pointed out. “Next year really will be a time when the w
Doyle Leaves US Federal Maritime Commission
Commissioner William P. Doyle of the U.S. Federal Maritime Commission (FMC) informed about his decision to leave the commission on January 3, 2018. Reflecting on the change in the international maritime industry including consolidations, mergers, bankruptcies and mega ocean carrier alliances, the Co
Wärtsilä to Equip New LNG Fuelling Barge
Finnish technology group Wärtsilä has been selected to provide a broad scope of products and solutions for a new articulated tug barge (ATB). The vessel will be used to supply liquefied natural gas (LNG) fuel to cruise ships along the east coast of Florida, USA. It will be the first fuelling barge w