The marine division of Renaissance Services has recently acquired the Caspian Provider , an advanced Platform Supply Vessel (PSV), to join the company’s fleet on a four-year contract in Azerbaijan with a value in excess of Rial 15.4 million (US$40m). The Caspian Provider will be working out of Baku,
Star Bulk Carriers Corp, recently announced that it has entered into a time charter contract with Louis Dreyfus Commodities Suisse SA for its second capesize newbuilding, the Star Polaris, for two years, plus a charterer’s option for one additional year, at a gross daily rate of $16,500 for the firs
The Al Aamriya LNG carrier, with a capacity of 210,168 cubic metres, is due to arrive in the UK’s Dragon terminal October 2, according to the Milford Haven Port Authority website. BG and Petronas between them have contracted for the full capacity at Dragon LNG’s Milford Haven site over the next 20 y
The European Investment Bank (EIB) has approved a EUR 60 million loan to finance the construction of a new container terminal at the port of Cadiz. EIB Vice-President Magdalena Álvarez Arza and the Chairman of the Cadiz Bay Port Authority (APBC), Rafael Barra, signed the finance contract in Cadiz ye
The Danish Maritime Authority takes part in the international work aiming at making the industry more digital. You can, among other things, read news from the 37th session of the FAL Committee. The work making the shipping industry safer and more environmentally friendly has increased the number of
The first – ever Maritime by Holland Pavilion is making its debut at the trade show Offshore Energy which is being held October 11 and 12. Offshore is seen as major growth market for the Dutch Maritime Industry. This conclusion was made after a thorough export research done by the branch association
To better support the large Greek fleet, Kongsberg Maritime now has opened office in the port of Piraeus. World’s largest fleet With over 4.000 vessels, Greek ship owners control the world’s largest merchant fleet, involved internationally in the cargo and passenger trade. There are around 700 shipp
Today’s inauguration of the Gate liquefied natural gas (LNG) terminal in Rotterdam is a further milestone in moves to increase European gas supply security. Gate terminal is one of Europe’s largest LNG terminals, with an annual regasification capacity of 12 billion cubic metres – equal to around 180
Two new vessels will join the growing fleet working on the site of the Sheringham Shoal Offshore Wind Farm today as the installation and commissioning of the 88 turbines progresses. The 91m ‘SEA JACK ‘, a self-elevating platform vessel will combine forces with the already operational 76m ‘GMS Endeav
HMS Bulwark the amphibious warfare war ship arrive at the 2011 PSP Southampton Boat Show where it will be open to the public from Friday. The UK¹s leading outdoor boat show the PSP SOUTHAMPTON BOAT SHOW, returns to Southampton’s Mayflower Park from 16-25 September, bringing a host of brand new featu
The German navy’s fleet tankers, which are crewed by civilian sailors, are unable to supply its warships operating off the Somali coast… (monstersandcritics) [mappress] Source: monstersandcritics, September 23, 2011;
CMA CGM Group announces that it has been recognised “Company of the Year” by Lloyd’s List during the ceremony held on 20 September in London. CMA CGM received the award based on its ability and willingness to innovate and adapt to the rapidly changing nature of the shipping markets over the past 12
AP Moller-Maersk Group and Indonesian port operator Pelindo II inked a memorandum of understanding on Wednesday to commit… (Seatrade-Asia) [mappress] Source: Seatrade-Asia, September 22, 2011.
Diana Shipping Inc., a global shipping company specializing in the transportation of dry bulk cargoes, today announced that it has entered into two time charter contracts with EDF Trading Limited, London, for its two Newcastlemax dry bulk carriers, the m/v Los Angeles and the m/v Philadelphia, which