Addressing the 4th Annual Med Freight Conference, APM Terminals Director of Port Investments for Europe and the Mediterranean, John Trenchard cited both long-term demographic trends and the expected introduction of larger vessels into regional Mediterranean trades as driving factors of port developm
On October 3, 2011, FreeSeas, a transporter of dry-bulk cargoes through the ownership and operation of a fleet of Handysize and Handymax vessels, entered into an agreement to sell the M/V Free Lady, a 2003-built, 50,246 dwt Handymax dry bulk carrier, for a sale price of approximately $21.9 million.T
This year the cargo transportation of the Northern Sea Route (NSR), a shipping lane from the Atlantic Ocean to the Pacific Ocean along the… (The Voice of Russia) [mappress] Source: The Voice of Russia, November 3, 2011; Image: Sovcomflot
After the end of the third quarter, contracts have been completed for all vessels in GC Rieber Shipping’s portfolio. Order backlog has been increased by half a billion, compared with the previous quarterly reporting. – This gives us an excellent starting point for the future in a turbulent period, s
RBG has enhanced its subsea service capability with the launch of two purpose-built dive intervention craft (IC). The launch was announced by RBG’s new Marine & Subsea director, Roddy James, who joined the company in October 2011 from STS having previously served as global account director, oil & ga
Rents for capesize ships that haul iron ore and coal fell for a fifth session as the number of the vessels available for short-duration voya… (Businessweek) [mappress] Source: Businessweek, November 2, 2011
On 1 November, Lower Saxony’s Minister of Economic Affairs, Labor and Transportation, Jörg Bode, visited the Orange Blue Terminal in Eemshaven, in which the Buss Group has a majority interest, as part of a two-day official visit. Accompanied by some 25 representatives of business and industry, the m
United Nations agencies in Paris ( 1 November 2011) launched a plan to improve the management of oceans and coastal areas. The Blueprint for Ocean and Coastal Sustainability sounds the alarm about the health of the oceans, and explains how they influence our everyday life by regulating the climate,
New multipurpose fast-speed river-sea class patrol boat Lider-17 has been created by Euroyachting group. Experimental prototype was presented at 15th international exhibition Interpolitekh-2011 closed on Oct 28 in Moscow. According to Valery Volodin, Euroyachting group Director General, the boat was
Seismic company Dolphin Geophysical has declared the option of yn 533. The vessel, a high capacity 3D vessel equipped with 14 streamers will be named “Polar Duchess”. She is delivered from the yard in Spain and the subsequent conversion is estimated to be completed in the first quarter of 2012. The
Thursday 20 October 2011 saw world-leading navigational systems provider Kelvin Hughes present the first in its series of ‘Safe Ships, Safer Seas’ seminars to an audience in Athens consisting of 100 Greek ship owners, operators and senior executives. Held at the Apollon Divani Spa Hotel, Vouliagmeni
IMO Secretary-General Efthimios E. Mitropoulos urged States to take steps to bring the 2010 Protocol to the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, 1996 (2010 HNS Convention) into force, after eight
At the Assembly held on 24-28 October 2011, the IOPC decided to establish a working group under the chairmanship of Denmark to have a closer look at what ships are covered by the right to be compensated for oil pollution damage. The working group, which is chaired by Deputy Director-General Birgit S
DOF Subsea, a subsidiary of DOF ASA, has signed a contract with DONG for Skandi Constructor. The contract will commence 1st November and has a firm duration of 3 months. DONG can extend the contract with additional 2 months. DOF was founded in 1981 and is today an international group of companies wh
