Marine link
 

Initiative Launched

Economou Backs $300m Green Recycling Initiative

George Economou and broking house Banchero and Costa Spa have both invested in the Green Recycling Initiative launched two weeks ago. The $300m GRI aims to integrate the needs of steel producers to be able to produce ethically sourced steel from traceable scrap and the needs of shipowners to recycle ships in a more environmentally friendly manner. The launch investors were Italy-based Siba Ships and Netherlands-based Seaarland Shipping Management. The Green Recycling Initiative (GRI) is building a fund to buy around 120 obsolete ships during 2009/10. Investors will be drawn from both the shipping and steelmaking industries. It will begin recycling these at established environmentally friendly ship recycling yards run by the International Ship Recycling Association while it builds its own recycling facility. Both Cardiff Marine and DryShips are global shipping transportation companies specializing in the management and transportation of various commodities in both the drybulk and the energy sector. The fleet managed by Cardiff Marine is in excess of 10 million deadweight tons. Banchero and Costa Spa is one of the world's leading maritime broking houses and shipping services groups. It has offices in Genoa, Monte Carlo, London, Geneva, Moscow, Hong Kong and Beijing. The Green Recycling Initiative is a Singapore-based company specifically formed to buy and recycle ships and to trade steel scrap on a global basis


One Voice: CESA & EMEC Unite

One voice for the European Shipbuilding and Maritime Engineering and Manufacturing Industry.   The European shipbuilders and the maritime engineering and manufacturing companies share common interests, concerns and policy objectives. They serve global, highly competitive markets with the highest technology requirements. Under the given conditions, European enterprises succeed based on know-how, innovation, productivity, quality, service and full customer satisfaction


CSI Achieves Major Milestone: 20 Ports In

U.S. Customs and Border Protection (CBP) Commissioner Robert C. Bonner and Vassilios Manolopoulos, Director General, of the Greek Directorate General of Customs and Excise announced that CBP officers have been deployed to the port of Piraeus as part of the Container Security Initiative (CSI) and that CSI has become operational there. As part of the CSI program, CBP officers are working with host government personnel as part of CSI


Bourbon Strives for Fuel Consumption Savings

Bourbon-Axelle1.jpg

Optimizing the crewboat's fuel consumption - BOURBON promotes best practices and organizes a competition.   With over 3 million people carried in 2011, the transport of personnel is at the forefront of BOURBON’s activities. Following directly on from the initiative launched in Gabon in 2010, from February 1 to May 1, 2012, BOURBON organized a competition for Surfers in Congo, aimed at cutting the hourly fuel consumption of personnel transport vessels operating out of the country.


Drydocks World & DMC to build 1st LNG-powered tug

Eco Tug

  Drydocks World and Dubai Maritime City (DMC), the leading provider of services to the shipping, maritime, oil, gas & energy sector is supporting the "Green Economy for Sustainable Development" initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of UAE and Ruler of Dubai.  As part of this initiative, the company has entered into Memoranda of Understanding with Wartsila and Dubai Carbon Centre of Excellence for building the


First LNG Fuelled Tug for Middle East by Wärtsilä

The first LNG fuelled harbour tug in Middle East region will be designed by Wärtsilä and feature a full scope of Wärtsilä solutions.

  Drydocks World (DDW) based in Dubai, UAE, has contracted Wärtsilä to design and supply the propulsion and other equipment for a new harbour tug that will operate on liquefied natural gas (LNG). This will be the first harbour tug in the Middle East region to operate on gas. The order was signed in November. The 29-meter-long tug is the first of a series of nine such vessels to be built and operated by DDW


National Initiative Launched by Maritime Industry Leaders

NCCER_Logo_web.jpg

The high cost of recruiting, hiring and training  the thousands of skilled shipbuilding and repair professionals needed across the country each year, coupled with the need to increase productivity has left executives in the industry searching for answers.   In response to this need, industry leaders recently launched a national initiative called the Lighthouse Campaign.  On December 6-7, 2011, the leadership team of the Lighthouse Campaign sent representatives to a meeting at


Sustainable Shipping Initiative Launched in Singapore

Focus on sustainable shipping at Singapore event – Wärtsilä participates  The Sustainable Shipping Initiative (SSI) launched in Singapore recently is a series of practical, collaborative action plans aimed at developing a sustainable shipping industry for the future. Wärtsilä and other members have committed to deliver first results before the end of 2013. Presented as part of Singapore Maritime Week


China Embraces Carbon Pricing and UN Takes a Shine to Plan

China embraces carbon pricing and UN takes a shine to plan

Millions of visitors and residents could hardly miss the message projected on the side of the world famous United Nations building in New York this week: "Put a price on carbon." At the UN's Climate Summit this week a diverse group of global leaders, from World Bank president Jim Yong Kim to California Governor Jerry Brown, spoke of the need for polluters to pay for each ton of carbon they emit. More than 1,000 companies pledged their support for the effort.


Liberian Registry Launches Green Ship Initiative

Scott Bergeron (Photo courtesy: Liberian Registry)

“We have launched a new initiative to help shipowners improve their green credentials and meet other corporate social responsibilities," said Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR), the U.S.-based manager of the registry. "Our aim is to ensure that Liberia remains the greenest fleet afloat." He continued, “The Liberian administration welcomes any new technology and ship designs which improve operational efficiency


AkzoNobel’s Carbon Credits Methodology Wins Award

Trevor Solomon (Photo: AkzoNobel)

AkzoNobel’s landmark carbon credits methodology for the shipping industry has won the Best Offsetting Project award in the 2015 Voluntary Carbon Market Rankings.   Based on nominations from leading stakeholders within the voluntary carbon markets


MMC Ups Stake in NCB

Image: MMC Corp Bhd

 MMC Corp Bhd has bought a further 9.08% stake in logistics and port operator NCB Holdings Bhd, boosting its shareholding to 30.13% as it seeks to remain a key player in the ports industry in Malaysia.   In a filing with Bursa Malaysia yesterday, MMC's wholly-owned subsidiary


US Navy Launches Undersea Drone

USS North Dakota (U.S. Navy Photo)

A U.S. Navy submarine has become the first to launch and recover an underwater drone used in a military operation, reports AP.   The attack submarine USS North Dakota returned to its base in Groton, Connecticut, on Monday following a nearly two-month deployment.   


Damen Launches Ice Class RoPax Ferry

Launch RoPax Ferry MV Legionnaire

  The second of two 80-meter ice class Ro-Pax ferries - the MV Legionnaire - has been launched at Damen Shipyards Galati, Romania. The naming was performed by Lori Anne Companion, Deputy Minister at the Department of Transportation and Works of the Government of Newfoundland and Labrador


Maritime VSAT Resource Launched at Nor-Shipping

A new online resource providing in-depth, impartial information and advice on maritime VSAT (Very Small Aperture Terminal) technology has been officially launched at Nor-Shipping 2015. maritimeVSAT.com is based on an initiative led by maritime communication services provider Marlink and supported


EPA Awards Great Lakes Restoration Initiative Shoreline Cities

Debbie Stabenow discusses the federal Great Lakes Restoration Initiative on Sept. 24 on MSUs campus. Photo: Michigan State University

 The U.S. Environmental Protection Agency today announced Great Lakes Restoration Initiative Shoreline Cities grants totaling more than $430,000 to four cities in Illinois, Indiana and Michigan to fund green infrastructure projects that will improve water quality in Lake Michigan.  


Iran and Russia Linked Across the Caspian Sea

Image: Islamic Republic of Iran Shipping Lines

 A subsidiary of Islamic Republic of Iran Shipping Lines (IRISL) has launched a series of new routes across the Caspian linking Russia and Kazakhstan, reports Informatore Navale.   This initiative will bring six sailings per month for new services


Bi-national Great Lakes Seaway Partnership Launched

The American Great Lakes Ports Association in partnership with the Lake Carriers’ Association, Fednav Limited, and the Saint Lawrence Seaway Development Corporation, have jointly sponsored a new bi-national public affairs program called The Great Lakes Seaway Partnership.  


Peel Ports, JNPT in Historic Partnership

(From L to R) Neeraj Bansal, Chairman, JNPT with Peel Ports, Chief Executive Officer, Mark Whitworth at The Signing of the Letter of Intent between JNPT & The Peel Ports Group in Mumbai on June 12, 2015.

  At a formal event presided by ShriNitinGadkari, Union Minister of Road Transport,Highways and Shipping in the presence of ShriAnil Desai, Member of RajyaSabhainMumbai, India’s No.1 Container Terminal Jawaharlal Nehru Port Trust


North Korea Fires Anti-Ship Missiles

Photo: Korean Central News Agency

 North Korea has test-fired newly deployed anti-ship rockets -  three short-range KN-01 type missiles - with a reported range of 120km just weeks after the country claimed it tested a submarine-launched ballistic missile, , the North's media said.  


Syncrolift Deal Strengthens TTS Market Position

Photo TTS Group

Through its subsidiary TTS Handling Systems AS, TTS Group ASA has signed an agreement with Rolls-Royce Marine North America Inc. for purchase of Syncrolift assets. The asset deal gives TTS Handling Systems AS an exclusive and unlimited right to conduct future business based on Syncrolift


China Shipping Service to Moldova

Photo: Giurgiulești International Free Port

 China Shipping Group has launched container shipping services in Moldova, becoming thus the second foreign companies to have the operation in the country's only port of Giurgiulesti.   The hub is vital for Moldova as its economy suffers as a result of the Russian embargo on Moldovan


Oceans Can’t Take Any more: Researchers Fear Fundamental Change

To date, the oceans have essentially been the planet’s refrigerator and carbon dioxide storage locker.

  Our oceans need an immediate and substantial reduction of anthropogenic greenhouse gas emissions. If that doesn’t happen, we could see far-reaching and largely irreversible impacts on marine ecosystems, which would especially be felt in developing countries


ST Marine Launches First LMV for RSN

RSNs first-of-class LMV Independence

Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the Launching ceremony for the first Littoral Mission Vessel (LMV) - Independence built for the Republic of Singapore Navy (RSN).


Hercules-2 Officially Launched

Hercules-2-logo

MAN Diesel & Turbo, Wärtsilä and Winterthur Gas & Diesel to collaborate on major, EU-funded project.   A major cross-industry initiative led by MAN Diesel & Turbo, Wärtsilä, and Winterthur Gas & Diesel






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