Green Marine
Navios Containers Expanding Fleet with Two Boxships
Monaco-based Navios Maritime Containers has reached an agreement to purchase two 2009-built container ships for a price of USD 19.75 million. Under the deal, the 4,250 TEU boxship duo is expected to be delivered to the company’s fleet in early November 2017. Based on the current rate environment, th
Sunreef Yachts Unveils New Sail Catamaran
Poland-based yacht builder Sunreef Yachts has unveiled the Sunreef 50, the latest model in the new sailing range. The new concept has been presented before the yacht sees its first launch in 2018, according to the company. During this year’s Cannes Yachting Festival, Sunreef Yachts presented a new r
Video: Brand New Fishing Ship Sinks in Chile
The 2017-built fishing vessel Seikongen has ended its sailing career too soon as the vessel sank off the port of Chonchi, Chile on October 18. Seikongen’s master reported that the ship was taking on water in the morning hours while it was south of the Yal Canal, according to data provided by the Chi
Spotted: AIDA Starts Its First World Cruise
On October 17, AIDAcara embarked from Hamburg on AIDA Cruises’ very first world cruise. The 116-day cruise around the world will take the ship to 41 ports in 23 countries on five continents, until February 10, 2018. Highlights of the journey are, amongst others, Easter Island, New Zealand and Austra
New BWTS for Big Bulk Carriers Unveiled
A new ballast water treatment system (BWTS) specifically designed for large dry bulk and ore carriers has been launched. Developed by the UK-based Coldharbour Marine, the system uses the company’s existing inert gas based GLDTM treatment plant to meet the needs of large bulk carriers, which often sh
Construction Starts on Amador Cruise Port
The Panama Maritime Authority (AMP) held a kick-off ceremony for the construction of the new Amador Cruise Port on October 18. A complete new cruise terminal at the Pacific side of Panama will be built over the next 18 months, Jan De Nul informed. The design and construction of the Amador cruise ter
Dutch Port Firms Ink Cooperation Deal with Fujairah Port
Dutch Port of Amsterdam, STC-Group Holding and Iskes Towage & Salvage are looking to expand their cooperation with UAE-based oil storage and bunkering hub Port of Fujairah (PoF). The parties signed a Memorandum of Understanding (MoU) in Amsterdam which focuses on further strategic cooperation. Locat
Port of Oslo Declared Port of Convenience
The Board of the International Transport Workers’ Federation’s (ITF) Coordination Committee in Norway decided on October 16 to name the Port of Oslo a port of convenience. Following the decision, the Port of Oslo has become the first port in Europe to receive such a designation. As informed, the mov
Hartmann Finds Buyers for Its AHTS Fleet
Shipping firm Hartmann Group has secured the recapitalisation of an 11-strong fleet of anchor handling tug supply (AHTS) vessels. The deal was concluded through a partnership with, and long-term investment from, Breakwater Capital and Hayfin Capital Management. Although the financial terms of the ag
Pilot Cutter Crews Plan Another Industrial Action at Jackson, Botany Ports
Members of the Maritime Union of Australia (MUA) working on board pilot cutters plan to stage a 24-hour work stoppage at Port Jackson and Port Botany. According to the Port Authority of New South Wales cited by GAC, the industrial action is planned to commence at 0600 a.m. on Tuesday, October 24, 20
MSI: Tanker Sector Heading to Firmer Ground after Hurricanes
A high level of disruption from the hurricane season is causing short-term volatility in Atlantic markets but the recent rally is supported by stronger fundamentals, Maritime Strategies International (MSI) said. Oil demand growth has been out-performing expectations, with the US International Energy
ICS: Canadian Oil Tanker Moratorium Act a Draconian Step
The International Chamber of Shipping (ICS), representing 80% of the world merchant fleet, has voiced concern about the proposed legislation by the Canadian Parliament on establishing a moratorium on the shipment of crude oil in the waters of Northern British Columbia. ICS believes that the legislat
MAIB: Muros Grounded Due to Lack of Danger Warnings
Spain-flagged bulk carrier Muros, which grounded off Norfolk in December 2016, ran into trouble following a change of route to an unsafe area and lack of warnings of danger, according to UK’s Marine Accident Investigation Branch (MAIB). An investigation into the incident, which occurred on December
Rotterdam’s Box Volumes Continue Growing
Container volumes at the Dutch port of Rotterdam continued rising with an increase of 10.1 percent during the first nine months of 2017. The port’s container throughput for the nine-month period was at a total of 10.2 million units (TEU), compared to 9.3 million TEU handled in the same period in 201