Global weakening of the shipping market has prompted a Danish shipping firm, Nordic Tankers to opt for selling of its chemical tanker activities to European investment concern Triton, for a $30 mill. It is sad that the new owner will take over the management organisation as well, but continue operat
On 26 March 2012, the BBC KARAN was the first vessel in the new Europe-Asia service of the multi-purpose and heavy-lift cargo shipping company BBC Chartering to berth at C. Steinweg (Süd West Terminal) in the Port of Hamburg. In Hamburg, the new “BBC Euro-Asia Express Line” service will be offering
Solstad Offshore ASA (SOFF) has signed a contract with Ocean Installer AS (OI.II) for hire of SOFF’s offshore construction vessel (CSV) “Normand Mermaid”. The duration of the contract is firm for 5 years with further 5 x 1 year option and it commences on the 1st March 2013. The contract value is con
Solstad Offshore ASA (SOFF) has entered into an agreement with Subsea 7 International Contracting Limited (Subsea 7), whereby Subsea 7 will aquire 50% of the CSV “Normand Oceanic” through purchase of shares in a single purpose company to be incorporated. “Normand Oceanic” was delivered to SOFF from
The European Commission’s (EC) proposals to cut shipping fuel sulphur content on short sea routes in northern European waters come into effect from 2015, but how far advanced are ro-ro operators in adopting the changes? With energy consumption, emissions and environmental regulation all high on the
Gazprom Neft Lubricants and Chevron have signed a licensing agreement for the manufacture of marine engine oils, allowing the Gazprom Neft subsidiary to supply a wide range of lubricants, including hydraulic, compressor, turbine and cooling liquids as well as specialized lubricants, for sea and rive
DNV has entered into a formal cooperation agreement with wildlife conservation organisation WWF Norway. This agreement has a strategic and innovative focus, in which four areas that are important to both parties are key: sustainable shipping, a low-carbon society, the Arctic and assurance and sustai
Kongsberg Maritime, a leading marine technology developer has today (29th March 2012) acquired 100% of the shares in fleet management software specialist Jotron Consultas. A new product group consisting of all Jotron Consultas employees and based at Kongsberg Maritime’s premises in Horten, Norway wi
Offshore Turbine Services Ltd is a new entrant into the rapidly expanding offshore wind turbine support market and having carried out a great deal of research, identified the CTruk Boats’ vessel as a very viable solution to all its needs so have two under construction and they are due to be in servi
International maritime security specialist Sea Marshals Limited announced that they are the first company to gain insurance which complies with BIMCO’s new Guardcon standards. Launched this week, BIMCO’s Guardcon provides an industry standard contract for the employment of security guards on ships.
Yesterday, Minister for Business and Growth Ole Sohn presented a bill clarifying the distribution of responsibilities between the authorities regarding the maritime training programmes and the pilotage area following the Government’s transfer of competences. The bill, which the Minister for Business
The objective of this working group is to improve the environmental status of Gandia, Valencia and Sagunto ports. Valencia – Boluda Towage and Salvage, a division of Boluda Corporación Marítima which holds a leading position in the shipping sector at national and international level, focuses on towi
Colin Parker, Chief Executive of Aberdeen Harbour Board, has been elected Chairman of the British Ports Association for the next two years at its AGM in London on 27 March. Also elected was Andrew Moffat, Chief Executive of the Port of Tyne, as Vice Chairman and Sara Bassett, Finance Director of Sho
BIMCO announced the publication of the GUARDCON standard contract for the employment of security guards on vessels. This brand new contract has been developed to provide ship owners and private maritime security companies (PMSC) with a clearly worded and comprehensive standard contract to govern the
