Star Bulk Carriers Corp. yesterday announced that Star Bulk was invited to share its views and experience with regard to monitoring, reporting and verification (MRV) system at a stakeholder meeting organized by the European Commission in Brussels on the 5th of December. More specifically, following
What started as a promising year has become a record breaking period for TOS Ship Delivery department. Already in March 2012 TOS sailed a record number of eight voyages around the globe. Also the number of ship deliveries and seafarers that will be sailing around the globe this Holiday Season will b
Trelleborg held its Capital Markets Day on Thursday, 6 December in Berns Salonger, Stockholm, Sweden. At the event, Trelleborg took the opportunity to release new financial targets for the Group and to launch a more focused organizational structure. New financial targets are in line with Trelleborg’
The Executive Boards of Hapag-Lloyd AG and of Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Süd), in agreement with their shareholders, are investigating if, and under what conditions, a merger of both companies would be of interest. [mappress] Hamburg Süd, December 18, 2012; I
Nine cruise industry associations today announced they have agreed to operate under a common organization with a unified structure to serve as the voice and advocacy leader of the global cruise industry. The associations are Cruise Lines International Association (CLIA), European Cruise Council (ECC
In advance of International Maritime Organisation’s (IMO) ship energy efficiency management plan (SEEMP) legislation becoming mandatory from January 2013, Finnish shipping company Bore has announced the results of its trial of electronic SEEMP software, which has verified a 5.8% reduction in fuel co
OW Bunker, a supplier and trader of marine fuels and lubricants, has announced the appointment of Christoffer Pedersen as the new Assistant Manager for the trading division of the company’s Copenhagen operation. Christoffer Pedersen has significant experience of the bunkering industry, having worked
When defined actions are conducted the participants of the Swedish-Finnish maritime suggestion “Make a Difference” will be co-financed by the EU via the Trans-European Transport Network. The estimated total cost of the work packages is € 2 494 000 of which € 1 247 000 will be granted. The organizati
Transocean Ltd. yesterday issued a monthly fleet update summary which includes new contracts, significant changes to existing contracts, and changes in estimated planned out of service time of 15 or more days associated with continuing operations since November 18, 2012. The value of new contracts o
The installation vessel Sea Worker has arrived at Grenaa and is now working side by side with Sea Power to utilise the weather windows allowing installation. Sea Worker is a jack-up vessel capable of rising above the water surface on its 73 metre long legs when installing the wind turbine components
Paragon Shipping Inc., announced today that it has entered into a binding agreement with Commerzbank AG, subject to certain conditions and final documentation, to amend terms in its loan agreement dated August 12, 2011. More specifically, the Company has obtained waivers and Commerzbank has agreed t
Scorpio Tankers Inc. announced today that it has agreed to time charter-in three product tankers. The terms of the contracts are summarized as follows: A 2007 built MR ice-class 1B product tanker will be time chartered-in for one year at $13,332 per day and is expected to be delivered by the end of
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it has entered into time charter contracts for three of its vessels. The Company has entered into a time charter contract with Clearlake Shipping Pte. Ltd., Singapore,
Dockwise ltd has taken notice of this morning’s release on the agreement between Boskalis Westminster NV (“Boskalis”) and Project Holland Fonds whereby the latter has committed to sell their shares in Dockwise for a price of Euro 18 per share. Dockwise is encouraged by the increase in price by 5% fr
