EXMAR confirms the sale of the LPG/C CHACONIA (28,070 m³ – built 1990) and the LPG/C ELVERSELE (37,511 m³ – built 1996). The vessels will be delivered to their new owners in April and July 2012, respectively. The total net sale price amounts to USD 48,9 million. EXMAR will realise a capital gain of
Farstad Shipping ASA has, through its wholly owned subsidiaries P/R International Offshore Services ANS and Farstad Shipping Pte. Ltd, reached an agreement to sell the AHTS Lady Gerda (1987, Hart Fenton, 8.700 BHP) and the AHTS Lady Cynthia (1987, Hart Fenton, 9.500 BHP). Delivery of the vessels to
BMT ARGOSS, a subsidiary of BMT Group Ltd, has today announced that pilot organisations around the world including Peel Ports Medway in the UK and Kiel Canal Pilots in Germany, are investing in the latest version of its marine manoeuvring simulator, PC REMBRANDT V5, to further enhance port navigatio
At the weekend, a container ship with a carrying capacity of 13,000 standard containers (TEU) was handled at Hamburger Hafen und Logistik AG’s (HHLA) Container Terminal Altenwerder (CTA) for the first time. The Hyundai Together, owned by the South Korean shipping company Hyundai, will operate on Loo
TORM and the Company’s bank group have as expected extended the deferral of installments and covenant standstill until 30 April 2012. The temporary agreement is subject to the continued progress of the negotiations towards the financing framework agreement in principle as described in announcement n
The tug boat for Dutch vessel MV Plancius, that has lost power in South Georgia on Monday – about 10 days after departing from Argentina, will arrive in South Georgia in the afternoon of 17 April 2012 to help vessels’ departure. Departure from South Georgia is planned for 18 April 2012 after all pas
The World Ocean Council’s second “Sustainable Ocean Summit” (SOS) will be held December 3-5 in Washington D.C. to further advance leadership and collaboration among the diverse ocean business community in addressing marine environment and sustainability challenges. The SOS is the only international,
Bladt Industries and EEW SPC have successfully completed the load-out of the first two foundations for the Gwynt Y Môr Offshore Wind Farm located in the Irish Sea. Monday April 9th the Transition Pieces were loaded out from Bladt Industries’ German facilities in Lubmin and subsequently load-out of t
BMT De Beer, a subsidiary of BMT Group Ltd, has launched CargoHandbook, the world’s largest online database for cargo transportation in the marine industry. As a rich source of knowledge, BMT De Beer aims to provide and share information on cargo transportation with the wider market and therefore he
Marine and River Inspection began carrying out a month of safety on sea and river transport – actions which is annually led for an exchange of experience and providing a sistemnost in work on navigation safety issues, and also for the purpose of the prevention of emergence of emergency incidents on
Leading international classification society Bureau Veritas has joined forces with French maritime security consultants Securymind to provide an auditing and verification service for companies providing armed guards to protect ships against piracy. Security companies offering services to shipping wi
According to the chairman of parent group A.P. Moller-Maersk, Maersk Line, global top container shipping company, will lose money this year as well regardless of recent freight rate increases, Reuters informs. Speaking at the annual general meeting of shareholders, Michael Pram Rasmussen, chairman o
IMO Secretary-General Koji Sekimizu has issued a video message ahead of the anniversary on Saturday (14 April) of the sinking of the Titanic, remembering all those who lost their lives in the tragic accident, recalling the improvements to passenger ship safety introduced as a result of that incident
Russia Express Service (REX) starts in May / Weekly sailings from Bremerhaven and Hamburg to the Baltic region / Numerous onward connections to global service network From the beginning of May Hapag-Lloyd will be offering a new express connection from Germany to the Baltic region. The Russia Express