IMO's Maritime Safety Committee has adopted an earlier recommendation that ships display 3 all-round green lights when crossing the Singapore Strait Traffic Separation Scheme (TSS). The night signals identify these vessels crossing the TSS during hours of darkness which will allow other vessels in the appropriate lanes to take actions if required, thereby enhancing navigational safety. The IMO’s Maritime Safety Committee at its ninety-first session in Nov 2012, in accordance with the provisions of resolution A.858(20), adopted the proposal to recognise the measure as a full-fledged recommendatory measure (i.e. it is no longer an interim measure) with effect from 1 June 2013 at 0000hrs UTC (0800hrs Singapore LT). The night signals and the procedures remain unchanged. Ship owners, agents and masters of vessels are: (a) To take note of the details regarding the display of the night signals set out in Appendix 1; and (b) Recommended to comply with the procedures set out in Appendix 1 when intending to cross the TSS and precautionary areas in the Singapore Strait. (The appendices refer to the applicable measure adopted by the IMO Maritime Safety Committee in 2011).
European Union antitrust regulators will conditionally clear a deal by Hapag-Lloyd and Compania SudAmericana de Vapores to form the world's fourth-largest container shipping company, two people familiar with the matter said on Friday. The case is important for the shipping industry where consolidation could help it to overcome the worst slump on record. And if regulators take a soft line on any concessions required to allow the deal to proceed this could spur more mergers in the industry
Britain's energy ministry on Friday approved the expansion of Dong Energy's Burbo Bank offshore wind farm in the Liverpool Bay of northwest England, paving the way for the Danish company to build on its leading position in the UK market. Britain's Secretary of State for Energy and Climate Change gave the green light to the project which will comprise up to 69 turbines totalling 250 megawatts (MW) in capacity, enough electricity for 170,000 homes.
Greece Economy Minister George Stathakis said that his government is dropping its opposition to selling off the Piraeus Port Authority SA. A sale of the Piraeus Port would be a reversal on the part of Greece’s Syriza party-led government, which had earlier pledged to block such moves. The country's leftist government had ruled out any privatization plans when it came into power but it later started pondering the revision of the sale terms and now has have given the green light for
Pavilion to buy 0.4 mln tpy LNG from BP for 20 years. Aims to become a global LNG firm in medium to long term. Working with SGX, regional govts on LNG price marker. Singapore's Pavilion Energy said it had signed two long-term contracts to buy liquefied natural gas (LNG) for trading and supply to Asia, adding to a previous contract as the state-owned firm seeks to become a global supplier. Pavilion Energy said in a statement on Wednesday its wholly owned subsidiary Pavilion Gas Pte Ltd
The U.S. Department of Commerce approved 52 crude oil re-export licenses in the last six months to destinations other than Canada, the department said on Tuesday. The permits, which were approved between October 2013 and March, include 14 licenses for re-exports to European countries, according to data released by the department's Bureau of Industry and Security. The United States does not allow exports of its own oil with few exceptions such as barrels going to Canada or re-exports of
Tracerline® Dye-Lite® All-In-One™ full-spectrum fluorescent dye easily pinpoints leaks in all oil and oil-based fluid systems, including engine oil (includes synthetics), fuel, automatic transmission fluid, power steering and hydraulic fluid (petroleum-based). All-In-One dye ensures optimum leak detection in marine vessels systems because it actually contains two distinct fluorescent dyes. One dye fluoresces best under ultraviolet light, and the other under blue light
A new concept in luxury living and travel has been brought to realization with the completion of the much-vaunted ResidenSea ship, The World, which made its service debut at European ports during April. The unique vessel, home to a resort community continuously circumnavigating the globe, is the brainchild of Knut U. Kloster Jr., and is a testament to the Nordic maritime sector's propensity for innovation. Mr. Kloster was former chairman of Royal Viking Line and Norwegian Cruise Lines
The Maritime and Port Authority (MPA) clinched top honours at this year's Singapore Environmental Achievement Awards. MPA has won two of the three titles given to the sector, including the overall Outstanding Singapore Environmental Achievement Award. It was also named joint-winner for the public sector category together with the Nanyang Technological University. At an event organised by the Singapore Environment Council (SEC) on Wednesday
The Maine Public Utilities Commission has approved in a 2-1 vote a term sheet for Maine Aqua Ventus’ pilot offshore wind energy project. The decision clears a hurdle for Maine Aqua Ventus in its path to receive electric ratepayer support as it tests new offshore wind technology developed at the University of Maine. (Maine Aqua Ventus is a consortium made up of Emera, Cianbro and Maine Prime Technologies LLC, a spin-off company representing UMaine).
Hyundai Heavy Industries (HHI) is notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement plan is good enough for HHI to make operating profits and secure liquidity even in the worst case scenario.
The Competition Commission approved the sale of a majority stake in Piraeus Port (OLP) to China’s COSCO during its meeting on Wednesday, saying it is in line with Greek competition laws. According to Greek national news agency AMNA
Piraeus Port shareholders approved a new concession agreement with Chinese shipping giant COSCO on Friday, bringing Greece a step closer to concluding the sale of a majority stake in the port. Greece agreed in April to sell a 67 percent stake in the port to COSCO for 368.5 million euros
Liberia has become the first flag state to participate in the Green Award program, under which eligible shipowners will be offered significant annual tonnage tax discounts. Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR)
Following a cooperation sealed between Alphatron Marine and Green Award Foundation at Posidonia in Athens, Greece, Alphatron Marine will reward Green Award certified ships with a discount of 10 percent that applies to a range of products and services for both seagoing and inland navigation ships.
The latest generation of car carrier arrived recently. The sun doesn’t just shine over the ship, it also contributes to generating energy for it as Drive Green Highway has high efficiency solar panels. Drive Green Highway is the world’s biggest ship adapted for solar energy
With the launch of a new rail shuttle and inland shipping link, connections between Northern France and the port of Rotterdam are now better than ever. Five times a week, a train leaves Rotterdam for Dourges, and the inland shipping schedule also includes a number of departures per week.
The DNV GL-led WIN WIN Joint Industry Project (JIP), which melds offshore wind with offshore oil and gas, shows that for suitable fields,finds that wind-powered water injection is technically feasible, capable of meeting performance targets and offers a cost-competitive alternative to
The Northwest Seaport Alliance has signed on to participate in Green Marine, North America’s largest voluntary environmental certification program for the maritime industry. Green Marine encourages its participants—ship owners
Cavotec and ABB have signed a Memorandum of Understanding to jointly offer complete shore-to-ship power solutions globally. Such solutions allow vessels to plug into onshore power supply and shut down their engines, eliminating noxious emissions
Larson Electronics released a new multi-colored hazardous location LED signal light with a 110dBA audible horn. The HAL-TL-5X10W-C-PA from Larson Electronics is a Class 1 Division 2 hazardous location LED signal stack light equipped with an audible horn and approved for use in hazardous
A Coast Guard boatcrew was hit by a green laser light while underway near the Squalicum Harbor area of Bellingham, Wednesday night, ending a valuable training opportunity due to medical concerns. The crew aboard a 45-foot Response Boat - Medium, from Coast Guard Station Bellingham
French container shipping group CMA CGM has offered concessions in a bid to win European Union antitrust approval for its $2.4 billion takeover of Singaporean rival Neptune Orient Lines. CMA CGM, which ranks behind No. 1 Maersk Line and Swiss peer MSC in global shipping
The Norwegian Ministry of Trade and Fisheries has approved Norway’s first development concession enabling Ocean Farming AS, supported by Kongsberg Maritime AS, to build the world’s first automated ‘exposed’ aquaculture facility
Four structures at the Port of Long Beach’s newest marine terminal recently earned the coveted “gold” status in the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) rating system, which encourages the use of Earth-friendly features that