Turkish Oil Terminal Halts Russian Oil Business
One of Turkey's mid-sized Mediterranean oil terminals - the Dortyol terminal - will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by the United States.Turkey has become one of the biggest importers of Russian crude and fuel since 2022, after the West imposed sanctions on Moscow for the invasion of Ukraine. Russia responded by re-routing oil away from Europe and the U.S. to Asia, Turkey and Africa.Global Terminal Services' (GTS)…
Onex Elefsis Acuires Elefsina Shipyards
Greece-based Onex Elefsis Shipyards announced that it will allocate up to $400 million, over a 15-year period, to purchase and finance the operation of the Elefsina Shipyards, west of Piraeus.The Greek shipyard said that the US investment firm Chatsworth Securities has agreed with it to make an investment, as part of efforts to save the complex from bankruptcy.Onex Elefsis will acquire the second biggest Shipyard in Greece, through Greek Bankruptcy Law and rehabilitation plan that is expected to be approved by the Greek Courts within 3-6 months.Also, the Company is working on alternatives with the Greek Government and Creditors to re…
Acorus Denied Access to Paris MoU Region
M/V Acorus vessel was detained in Port of Asprogirpos (Elefsis) - Greece on 6 July 2017. This is the third detention in the Paris MoU region within the last 36 months. The ship flies the flag of Moldova Republic, which is black on the current Paris MoU WGB list. "Therefore under the provisions of section 4 of the Paris MoU, Article 16 of EU Council Directive 2009/16/EC, the ship will be refused further access to any port and anchorage in the Paris MOU region, except a port and anchorage of the ship’s flag State," said a release from Paris MoU. This refusal of access will become applicable immediately after the ship is authorized to leave this port and anchorage. As this is the first refusal of access order the period of the refusal of access will be 3 months.
Greek Ferry Owners Look West to Gibdock
Greek ferry owners are stressing the importance of high quality, reliable ship repair partners in the Western Med in the first half of 2016, according to ship repair yard Gibdock who says it has received two first time ship visits emphasizing the Gibraltar yard’s ability to meet contrasting ship renewal needs. The Hellas Seaways ro-pax vessel Nissos Chios and the Portucalence Shipping Company ferry Express Santorini were both in the Gibdock yard for the first time recently, the former undergoing a broad spectrum of scheduled repairs and the latter in for emergency structural renewal.
A New Chapter in Naval Shipbuilding
As a resounding endorsement of its long-term commitment to shipbuilding in the U.K., Vosper Thornycroft (VT) has created a state-of-the-art ship production facility within Portsmouth Naval Base. Having recently attained preliminary operational status through steel cutting on 295-ft. (90-m) transport barge, the 33-acre naval shipbuilding yard is set to play a key role in the construction of the Royal Navy's next generation of destroyers while extending VT's overall build capabilities and market reach. It has been some decades since Britain last saw the opening of a new yard of any significant size, and VT's initiative ensures a future for the industry in southern England.
VT to Utilize Latest Technology at New Shipyard
Vosper Thornycroft (VT) Group will open its naval shipbuilding facility in this spring. The $63M development is located within Portsmouth Naval Base, home of the U.K. Royal Navy’s surface fleet, and will help VT to consolidate its reputation as one of the world’s leading suppliers of naval vessels for overseas navies and the Royal Navy. “The new facility will enable VT and its customers to benefit from major increases in productivity and reductions in costs,” said VT Shipbuilding Managing Director Andrew Bunney. Initially, the facility will be used to build blocks for all the Royal Navy’s new 7,500 tonne Type 45 destroyers. VT will build the forward section, funnel and mast sections for these large ships. VT is also hoping to secure further orders from the U.K.
Vosper To Enter Negotiations For Fast Attack Craft
Vosper Thornycroft (VT), has been selected to enter contract negotiations with Elefsis Shipbuilding and Industrial Enterprises for the supply of three 203 ft. (62 m) fast attack craft to the Hellenic Navy. With negotiations beginning soon, work is expected to start early next year with VT providing design, construction support and the ship's equipment to Elefsis in a contract worth about $331 million. The initial requirement is for a trio of craft with a possible follow-on order of at least four vessels.
