Green Marine
Japanese Banks Provide Financing for Brazilian FPSO
The Japan Bank for International Cooperation signed a loan agreement in the aggregate amount of up to 702 million U.S. dollars (JBIC portion) with Cernambi Norte MV26 B.V. (CMV26), a company incorporated in the Netherlands in which MODEC, Inc., Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd., and Maru
Inmarsat Inks Agreement with NSSLGlobal
Inmarsat, provider of global mobile satellite communications services, has signed an agreement with NSSLGlobal Ltd, appointing the independent service provider for satellite communications solutions as a Value Added Reseller (VAR) of Global Xpress (GX) for the maritime market. GX will provide the sh
Decreasing Emissions of Black Carbon, Methane and Other Pollutants Makes Difference
With coastal areas bracing for rising sea levels, new research indicates that cutting emissions of certain pollutants can greatly slow sea level rise this century. Scientists found that reductions in four pollutants that cycle comparatively quickly through the atmosphere could temporarily forestall
NOAA: Arctic Nearly Free of Summer Sea Ice during First Half of 21st Century
For scientists studying summer sea ice in the Arctic, it’s not a question of “if” there will be nearly ice-free summers, but “when.” And two scientists say that “when” is sooner than many thought — before 2050 and possibly within the next decade or two. James Overland of NOAA’s Pacific Marine Enviro
HMC’s CrewPlan Fulfills Requirements of New MLC Regulations
The International Labour Organization (ILO) has received the 30th ratification of the Maritime Labour Convention, 2006 (MLC, 2006) fulfilling the last condition for the first global standard that spans continents and oceans to go into effect on August 20, 2013. The new labour standard consolidates a
Norway: VERIPOS to Provide Positioning Services for Dolphin’s Fleet
Leading Norwegian exploration seismic contractor Dolphin Geophysical of Bergen has awarded VERIPOS a new three-year contract for provision of satellite positioning services aboard its fleet of specialist high-capacity vessels, Artemis Arctic, Artemis Atlantic, Polar Duke and Polar Duchess; the servi
GEA Westfalia Separator Presents New Standards in Bilgewater Processing
Oil is the principal source of energy and therefore the most important resource in modern civilisation. However, oil is toxic for most biological systems and considered to be one of the greatest environmental pollutants. Pollution by crude oil or petroleum products has far-reaching effects. Accordin
GeoSea Secures Offshore Wind Farm Contracts in Germany and UK
As DEME is moving forward with the construction of two Belgian wind farms, GeoSea has secured two new contracts: Westermost Rough in the U.K. and Borkum Riffgrund 1 in Germany. In Belgium, the works on the NORTHWIND offshore wind farm have started while those from C-POWER’S third phase are continuin
Drewry: Sigh of Relief for Suezmax Owners
Drewry’s latest Tanker Insight saw the Tanker Earnings Index jump by 69% as activity surged, lifting freight rates across all vessel segments. Chartering activity in the dirty tanker market remained buoyant as 77.9 million tonnes of crude were fixed for shipment, comfortably up on the 65.9 million t
UK: Seacurus Launches New Insurance Policy for Crew Wages
Specialist marine insurance intermediary Seacurus has launched a new insurance policy to indemnify seafarers in the event of the financial default of their employers which, for the first time, offers recompense in respect of unpaid crew wages. The policy will enable all employers of seafarers to mee
Maersk Line to Call at Busan Port (South Korea)
Maersk Line will now add Busan, South Korea, to the schedule of the Asia-Europe (AE10 service). South Korea’s Busan Port is one of the world’s leading container hubs and expects rising volumes on the back of increasing trade from the region into North Europe and Russia. The service is a unique produ
Norway: Wilhelmsen Technical Solutions Acquires Maritime Protection AS
Wilhelmsen Technical Solutions AS (WTS) has signed an agreement to acquire 100% of the shares in Maritime Protection AS (MP), strengthening the inert gas portfolio for the marine and offshore segments. Subject to certain conditions, the transaction will be closed 25 April 2013. “I am very excited th
UK: BRIL Signs IRM Contract with Centrica
Bibby Remote Intervention Limited (BRIL) has successfully secured a contract with the potential of a seven year commitment. Centrica Energy has awarded a three year contract with two, two year extension options, worth up to £40million. It is the largest Inspection, Repair & Maintenance (IRM) contrac
UK: The Duchess of Cambridge to Name ‘Royal Princess’
Princess Cruises announces that Her Royal Highness The Duchess of Cambridge will name Royal Princess, the newest addition to the line’s fleet. The ceremony at which The Duchess will name the ship will take place in Southampton on Thursday, June 13, and will be the highlight of week-long inaugural ce