Marine link
 

MARITIME TRANSPORT

Aries Maritime Transport Provides Update on the Bora

Aries Maritime Transport Limited announced that it has withdrawn the Bora, a 2000- built double-hull products tanker, from the vessel's charter with PDVSA, and is currently marketing the vessel for a new charter. Mons S. Bolin, President and Chief Executive Officer, commented, "Rates for products tankers remain firm and we are actively pursuing a new charter for the Bora in the international market. We remain committed to employing our vessels on period charters with leading charterers in order to provide shareholders with a stable revenue and dividend stream."


OECD Issues Report on Ownership and Control

The Maritime Transport Committee of the Organization for Economic Cooperation and Development (OECD) issued a report entitled Ownership and Control of Ships


U.K. Financial Assistance to Move Freight to Waterways

The UK Department for Transport issued its Consultation Document entitled Financial Assistance for Moving Freight from Road to Inland Waterway and Maritime Transport. The post-consultation response indicates broad support for grants to encourage increased use of waterways in lieu of roadways to transport freight in the U.K. Differences remain, however, with regard to detailed implementation.


Libya Acquires New Tankers

Libya Wednesday took delivery of three new oil tankers at its port hosting the Refining Company in Zaouia, as part of ceremonies marking the 37th anniversary of the country`s September 1969 Revolution. Baghdadi Mahmoudi, Secretary of the Libyan People`s General Committee took delivery of the three tankers - Ibn Batouta, Gardhabia and Intissar - new additions to the Libyan Maritime Transport Company`s fleet. The tankers built in South Korea by Samaho Hundai


Multiport Mourns a Loss

Multiport, the network of independent ship agents, is sad to announce the death of Mr Hylton Clarke, managing director of its Jamaican member, Maritime & Transport Services Ltd. Clarke was a leading member of the Jamaican shipping community, and the longest serving member on the managing committee of the Shipping Association of Jamaica. "He was a man of the greatest integrity, with a great sense of humour and enjoyment of life," said Multiport secretary-general Peter


State of Green Markets Green Blue Denmark

Blue Denmark is also green

  Blue Denmark is also green. Therefore, Denmark’s official green brand, State of Green, is now launching a new theme on its website focusing on green maritime solutions. As a nation, Denmark has become well-known internationally in the green maritime field and now we intend to become even better at getting this across by means of State of Green’s new initiative that focuses on sustainable, green maritime transport and technological solutions.


Economic Effects of U.S. Import Restraints

The U.S. International Trade Commission issued a lengthy report entitled -The Economic Effects of Significant U.S. Import Restraints Third Update 2002 .The report reviews a variety of import restraints including the maritime cabotage laws. It concludes that eliminating the restriction on maritime transport and liberalization of the U.S. build requirement for vessels engaged in the coastwise trade would provide an economic benefit of $917


World Maritime Day

 On 26 September, the maritime community celebrates the World Maritime Day established at the initiative of the International Maritime Organization (IMO). In his annual address on this occasion, Koiji Sekimizu,  Secretary General to the International Maritime Organization emphasized that in  order stable development of the maritime transport system could be achieved the efforts should be concentrated on safety


Container Weighing a Task for Shippers Not Terminals: ESPO

File photo

European Sea Ports Organisation (ESPO) says it welcomes the recent decision of IMO’s Maritime Safety Committee (MSC) that containers must be weighed before being stowed on board ship; however it  stresses that the weighing of containers should not burden port handling activities. ESPO explains that the verification of a containers’ weight can indeed play an important role in enhancing safety in maritime transport and the whole transport chain


Speedcast Secures Deal with AMPTC

speedcast logo.jpg

SpeedCast International Limited announced that it has been awarded a multiyear contract from Arab Maritime Petroleum Transport Company (AMPTC), a provider of maritime transport services of hydrocarbon substances in the Middle East region.  SpeedCast will provide satellite network connectivity for AMPTC’s entire fleet of vessels. SpeedCast will provide each AMPTC vessel with end-to-end VSAT services that enable corporate networking, Internet access, voice communications


SafeTOW Guards Anchor Handling and Towing Safety

Photo: HMC

A recent accident near Busan, South Korea resulted in the sinking of a tugboat after one of the towing cables snapped and recoiled, striking one side of the tug boat. The crew members were found unconscious and were later pronounced dead in a nearby hospital


US, EU, China Maritime Reps Meet in Brussels

Maritime summit between European Union, U.S. and China boosts cooperation   Representatives from the maritime regulatory authorities of the European Union, the People’s Republic of China and the United States met today in Brussels to discuss antitrust and regulatory issues in maritime


Maritime Ireland Comes of Age

Flumill helical corkscrew tidal device Image Mike Brookes Roper 2 WEB.jpg

Even though the struggle for independence from Britain finally resulted in Ireland being declared “a sovereign, independent, democratic state” in 1937 there was little interest being shown in the maritime affairs of the country. This


CMA CGM's OPDR Acquisition Approved by EU

The CMA CGM Group announced that the European Commission has approved its acquisition of OPDR. In order to finalize the acquisition, which was announced on November 25, 2014 by Jacques R. Saadé, founder, Chairman and Chief Executive Officer of the CMA CGM Group


Challenges to Barcelona Port's Third Strategic Plan

Courtesy Port of Barcelona

  Growth, competitiveness and sustainability are the three axes that underlie the Port of Barcelona's Third Strategic Plan 2015-2020, which sets the main objectives for the coming years. This Plan maintains the Port's mission as defined in the previous two plans: “To contribute to


EU Adopts New Ship CO2 Reporting Rules

Image: The International Chamber of Shipping (ICS)

 Members of the European Parliament (MEPs) have supported draft EU rules requiring ship-owners using EU ports to monitor and report CO2 emissions each year.   The text establishes an EU-wide system for monitoring, reporting and verification (MRV) of greenhouse gas emissions from


Busan Port Unveils Expansion Plans

The Korean government announced plans to add a further 15 berths to its flagship Busan New Port in the south of the country to increase container capacity by 15.8 million TEU. The new facilities will be a mix of container terminals, feeder terminals and multipurpose terminals and work will begin


CMA CGM'S Largest Ship Crosses Suez Canal

CMA CGM Kerguelen

The CMA CGM Group has announced that the CMA CGM KERGUELEN, the group’s largest vessel, crossed the Suez Canal for the first time on May 2, 2015. On this occasion, the Suez Canal Authority Chairman, the Admiral Mohab Mameesh, boarded the CMA CGM KERGUELEN and completed a section of the Canal


Balearia Requests US-Cuba Ferry License

Photo courtesy of Balearia

Balearia has requested a license to operate between the U.S. and Cuba from the U.S. Treasury Department, after both countries' announcement of the reestablishment of diplomatic relations. The shipping company is awaiting an official response from the U.S


Single Window Reporting for All German Ports

  Effective from 27 May 2015, German Authorities will implement the reporting requirements for vessels according to EC-directive 2010/65/EU (national single window reporting formalities). This directive is designed to achieve harmonization and simplification of reporting formalities in


Expanded World Maritime University Campus Inaugurated

Photo: IMO

Expanded premises for the World Maritime University (WMU) were inaugurated on Monday, May 19, 2015 in Malmö, Sweden, by IMO Secretary-General and WMU Chancellor Koji Sekimizu.   WMU is an international educational institute for the maritime community, operating under the auspices of IMO


European Ports Identify Their Priorities

Photo: European Sea Ports Organisation

European ports are real “multitaskers”: they combine different functions ranging from gateway to the world, nodes in the transport chain, hotspots for Europe’s industrial activity, safe and secure shelters, the link between Europe’s peripheral regions and islands to the


Tsuneishi Seeks Foothold in Indonesian Shipyard Business

KEY PACIFICO: Ship manufactured by Tsuneishi. Photo: Tsuneishi Holdings Corporation.

 Japanese shipbuilding and maritime transport company Tsuneishi Holdings  has expressed a commitment to invest up to $40 million to open ship repair services in Indonesia, reports The Jakarta Globe.    The Hiroshima Prefecture-based company plans to invest US$40 million in a


New EU Shipping CO2 Monitoring System

José Inácio. Photo by European Parliament

 According to a new EU regulation, ship operators will be required to monitor, report and verify (MRV) CO2 emissions.     José Inácio Faria, Member, Group of the Alliance of Liberals and Democrats for Europe, European Parliament outlines the key features of new EU


LISW15 Lines Up Speakers

  London International Shipping Week 2015 (LISW15) is pleased to announce the line up, so far, of high level government and industry speakers for the official LISW15 Conference being held at the Grosvenor House Hotel on London’s Park Lane, on Thursday 10th September.






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright