Green Marine
35 Crewmen of Seaman Guard Ohio Acquitted in India
Thirty-five crew members and guards of the American-owned ship Seaman Guard Ohio, arrested in 2013, have been acquitted of all charges in India. On November 27, the Madurai bench of the Madras high court set free the seamen after the prosecution had failed to prove that the ship entered the country’
AIDA Cruises to Start Powering Ship with LNG in Mediterranean Ports
Following the first successful tests, cruise ship AIDAperla will be supplied with energy produced from low-emission liquefied natural gas (LNG) while berthed at several Mediterranean ports in the coming weeks, German cruise line AIDA Cruises said. As informed, the ship will be gradually supplied wit
Drewry: Handysize LPG Ships to Be Worst Performers in 2018
Among the different size categories of LPG ships, the small vessel segment is expected to be the best performer in 2018, while Handysize vessels will be the worst, shipping consultancy Drewry said. As a result of strong fleet growth during the last three years, the LPG shipping market is currently o
Rotterdam Wants to Become Zero-Emissions Port by 2050
The Port of Rotterdam has laid out its vision of the future in which it aims to become a zero-emissions port by 2050, according to Remco Neumann the Port Authority’s Corporate Social Responsibility program manager. “It’s realistic to expect that industry and logistics will be virtually – or by that
Yemen: Port of Hudaydah Reopens to Receive 1st Aid Ship
The first aid ship has reached the Yemeni Port of Hudaydah as Saudi Arabia-led Coalition allowed for the Red Sea port to reopen on November 22 in order to receive urgent humanitarian relief. The port was closed at the beginning of November after a rebel-fired ballistic missile, which targeted Riyadh
MSI: Bulker Spot Market Set for New Year Fall
The dry bulk market, which posted more positive freight rates in October, is set to plummet by January 2018 with the largest drop expected to come from Capesize earnings. According to Maritime Strategies International, iron ore imports to China remain the strongest driving factor despite the downsid
Loaded Container Shipments to Break 200 Mn TEU Mark
Global loaded container traffic is on track to break the 200 million teu threshold this year for the first time ever, shipping consultancy Drewry said citing recent port and trade statistics. “The Drewry Global Container Port Throughput Index shows no sign of slowing down, with the latest reading fo
First Ship from Panamax Quartet Joins Navios Containers
Monaco-based container shipping company Navios Maritime Containers has taken delivery of APL Denver, the first of four 2008-built Panamax boxships it agreed to buy. As informed, the remaining three vessels are expected to be delivered by mid-December. APL Denver was previously owned by Germany-based
Jinhui Shipping Bounces Back to Profit
Driven by the recovery in the dry bulk sector, Hong Kong-based shipping company Jinhui Shipping and Transportation Limited managed to return to profit in the third quarter of this year. The company recorded a net income of USD 2.2 million in Q3 2017, compared to a net loss of USD 28.5 million posted
Yang Ming Collects USD 200 Mn from Share Offering
Taiwanese shipping company Yang Ming Marine Transport Corp. (YM) has completed the rights offering of 500 million new shares at NTD 12 per share, cashing in NTD 6 billion (USD 200 million). The company began to float new shares in the public sector in September 2017. Besides the original shareholder
Dreifa Floating Regasification Unit Gets DNV GL AiP
Classification society DNV GL has granted an Approval in Principle (AiP) to Norway’s Dreifa Energy for its floating regasification unit concept (the Dreifa FRU). The Dreifa FRU consists of a regasification plant and associated utility systems located on the deck of a platform supply vessel. The unit
Sea-invest Inaugurates Antwerp Container Terminal
Terminal operator Sea-invest has officially inaugurated the Antwerp Container Terminal (ACT) in the Delwaide dock. The container facility covers a total area of 63 hectares with 900 meters of quay on the south side and 150 meters at the head end of the dock. The terminal is equipped with three gantr
Explosion Kills Two in China’s Port City of Ningbo
Two people were killed and four seriously injured in an explosion in Ningbo, a major port and industrial hub situated in China’s Zhejiang province, on November 26. At least fifteen other people were injured in the blast, the local authorities said in an update today, as two remain missing. Based on
Nano Corrosion Passivation for Maritime Purposes
By Rob van Hoorn CTO at nC Marine What happened so far: At the beginning of 2012, Dutch shipping companies were looking for cost effective methods to stop corrosion within their vessels, without losing time on (sand)blasting, cure time or drydocking. A team of Dutch-based chemists, nano- and corrosi