FC Business Intelligence says: With the high price of low sulphur diesel and increasingly aggressive Emissions control areas (ECAs) in US waters, shipping firms and gas giants are looking to LNG as the next step in the evolution of marine fuel. With operational cost savings of up to 50% according to
In a step that reinforces its planned expansion and diversification strategy Dryad Maritime – the UK’s largest commercial specialist in Maritime Intelligence – yesterday announced the opening of its new office development in Hastings, UK. The move is the next phase in a major programme of expansion
The Ministry of Defence is looking for ways to strengthen the security of maritime operations so that it can be more effective at combating illegal activities such as gun-running, people-smuggling and piracy. The Royal Navy provides the main defence of the UK’s seas and overseas territories and ensu
The silent world is becoming less and less quiet: one reason for this is the increase in global maritime traffic whose effects on marine biodiversity are complex and still largely unknown. Quiet-Oceans has been selected to participate in a joint project funded by the European Commission to reduce th
Rickmers-Linie GmbH & Cie KG, Hamburg, which specialises in worldwide ocean transportation of break bulk, heavy lifts and project cargoes has successfully undergone the process of recertification according to the latest ISO Standards ISO 9001:2008, ISO 14001:2009 and OHSAS 18001:2007. The certificat
Piracy on the world’s seas has seen a major decrease over the last five years, with 297 ships attacked in 2012, compared with 439 in 2011, as revealed in the latest International Maritime Bureau’s (IMB) report on January 16. This has been made possible by naval and armed guard protection, but the se
Cargotec’s Board of Directors has in its meeting on 27 January, 2013 appointed Mr. Mika Vehviläinen (M.Sc. (Econ.), b. 1961, as Cargotec’s new President and CEO. Vehviläinen will start at Cargotec on 1 March 2013. Tapio Hakakari, Cargotec’s Vice Chairman of the Board, will continue as the interim Pr
Two crew escaped from their 11-metre fishing vessel “Hunter” after it caught fire off Saltfleet Haven, near Mablethorpe. Yarmouth Maritime Rescue Coordination Centre received a 999 call at 18.51 from the crew of two brothers after they had taken to the life raft. The Coastguard immediately asked t
ABB, the leading power and automation technology group, has won a long-term service contract from Star Cruises for preventive maintenance of all ABB equipment onboard SuperStar Virgo for the next five years. The approximately US$ 1 million contract was signed in the fourth quarter of 2012 and commen
CMA CGM and China Merchants Holdings (International) Company Limited (“CMHI”) announced that on 25th January 2013, they signed the Share Purchase Agreement regarding the sale of 49% equity interest in Terminal Link for € 400 million. Following some pre-closing reorganization, the transaction is expe
As a precursor to the launch of Regs4ships’ eight-month ‘Go Digital’ campaign, the company announced launch of its 17th flag product for Digital Maritime Regulations Service. From 1st February 2013, Regs4ships will offer a Vanuatu regulations product that contains all relevant flag state documentati
Thoresen Shipping, a leading owner and operator of dry bulk vessels, announced on January 3 the opening of its new commercial office in Denmark. The move represents Thoresen Shipping’s first commercial office in Europe, and will serve the Company’s growing group of existing and potential clients wit
The Commission yesterday launched the so-called ‘Clean Fuel for Transport Package’. This consist of a Communication on a European alternative fuels strategy and a proposed Directive on the deployment of alternative fuels infrastructure. An accompanying document describes the action plan for the deve
Tsakos Energy Navigation Limited yesterday announced the charter of its 2008-built 1A ice-class aframax product tanker Propontis to Northern European end-users for two years. This charter is expected to generate $14.5 million of revenue over its duration. In addition, the Company announced the compl
