Ireland News

20 Feb 2019

DP World buys back P&O Ferries for $421 mln

File Image: CREDIT P&O

DP World has bought back British ferry and shipping freight operator P&O Ferries for 322 million pounds ($421 million), more than a decade after it sold it.DP World acquired the British shipping and logistics company in 2006 but soon sold off some assets, including P&O Ferries to its major shareholder, state holding company Dubai World.DP World announced on Wednesday it was buying the company, and a spokeswoman later told Reuters it had bought it back from Dubai World.Dubai World was at the heart of the emirate’s financial crisis at the turn of the decade and was forced to restructure around $

18 Feb 2019

Clean Arctic Alliance Thrusts on HFO Ban

Pic: Clean Arctic Alliance

As a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 6) opened yesterday in London, the Clean Arctic Alliance called on Member States to remain focussed to the goal of developing a ban on the use and carriage of heavy fuel oil (HFO) by shipping in the Arctic.“While IMO delegates gather to discuss ways to mitigate the impacts of heavy fuel oil (HFO) – the dirtiest of ships’ fuels – on Arctic ecosystems, IMO member states must keep their sights firmly on the need for a ban…

17 Feb 2019

Belfast Harbour Hits Record Cargo in 2018

Pic: Belfast Harbour Commissioners

The major maritime hub in Northern Ireland Belfast Harbour handled a record 24.6 million tonnes of cargo in 2018, up 3.8% on the previous year thanks to a major increase in the number of freight vehicles passing through the port, which rose to a high of 532,000, latest figures show."Growth was led by a strong increase in freight vehicle carryings on Stena Line’s services to Great Britain, rising by 3% to a record 532,000 freight vehicles and for the second consecutive year more than 1.5m passengers passed through the Port…

12 Feb 2019

New Maritime Connectivity Platform Launched

Image: Maritime Connectivity Platform

The Maritime Connectivity Platform Consortium has been established and a Platform launched last Friday during the conference e-Navigation Underway 2019.The Maritime Connectivity Platform (MCP) is an open source technology a digital maritime domain. It brings common internet standards to maritime navigation and transportation systems.MCP enables infrastructures for efficient, secure, reliable and seamless electronic information exchange among maritime stakeholders using available communication systems.

11 Feb 2019

10mln+ Cruise Passengers Visits Spanish Ports in 2018

Pic: Puertos del Estado

For the first time in Spain's history the ports have welcomed over 10 million cruise ship passengers, reaching a higher level within the global cruise tourism context.According to State-owned Spanish Port System Puertos del Estado, this figure places Spain second in Europe for the number of cruise passengers, with several Spanish ports leading the European ranking and even listed among the world's top 50 ports, as is the case of the ports of Barcelona, the Balearic and Canary Islands…

06 Feb 2019

Wight Shipyard Delivers 6th Ferry in two years

Photo: Wight Shipyard Co

Wight Shipyard Co delivered its first multi-million pound export order for a 250-passenger river catamaran to operate for Central Danube Region Marketing & Development GmbH’s Twin City Liner – a tourist service running on the River Danube between Vienna and Bratislava, joining two European capital cities.The passenger river catamaran was handed over to its new owners in an event hosted by Peter Morton, CEO of Wight Shipyard. In attendance were His Excellency Michael Zimmermann…

06 Feb 2019

Interferry Confirms Future Conference Locations

 Mike Corrigan  (Photo: Interferry)

Interferry has confirmed locations for the 2021 and 2022 editions of its industry-leading annual conference – held every October - in the latest initiative to extend its reach as the only organization representing the worldwide ferry industry. The global trade association’s 46th annual conference will take place in Santander, Spain, followed in 2022 by a twin-venue event in Marrakesh and Tangier, Morocco, which will mark a first for Interferry on the African continent. Multi-award winner Brittany Ferries will host the Santander conference.

30 Jan 2019

Pacific Green Appoints Iain Lees as CEO

Pic: Pacific Green Technologies

Pacific Green Technologies has announced the  appointment of Iain Lees as Chief Operating Officer to support company growth initiatives around proprietary emission control systems for marine vessels.The owner of the ENVI-Marine and ENVI-Clean Exhaust Gas Scrubbing Systems said in a press note that Lees joins the Company from HannawayCA Corporate Finance Limited (HCACF), a leading financial and business advisory firm in Northern Ireland where he has served as Managing Director…

24 Jan 2019

Svitzer Appoints Jeeninga, McKeating as Cluster Managers

Fred Jeeninga, Cluster Managing Director, Continental Europe (Photo: Svitzer)

Svitzer, aprovider of harbor and terminal towage to the global shipping industry, has recently appointed Fred Jeeninga as Cluster Managing Director, Continental Europe (Netherlands, Belgium, Georgia) and Maurice McKeating as Cluster Managing Director, UK South.Fred Jeeninga holds nearly 20 years of experience from the marine service industry. His work has taken him to Russia, Germany, Denmark, Brazil, and the Caribbean. He has been with Svitzer since 2009, most recently as Operations…

24 Jan 2019

Shipbuilding; Irish Ferries to Build Two Vessels

Irish Continental Group Ferry Project II.  Image: European Investment Bank

The European Investment Bank is providing EUR 155 million to finance two new passenger and vehicle ships for the Irish Continental Group (ICG) subsidiary Irish Ferries.The two ferries will increase passenger and cargo capacity on routes to Ireland, replace older and smaller vessels and significantly reduce emissions from the Irish Ferries fleet.The new ferries are expected to be used on both the Dublin-Holyhead and Dublin-Cherbourg routes to reflect demand for a greater choice of services from Ireland to Britain and direct to continental Europe.The announcement was made as the W.B.

24 Jan 2019

WSM to Manage FSRU for Pardus Energy

Pardus Energy's FSRU Turquoise will be fully managed by WSM. Image: Wilhelmsen Ship Management

Wilhelmsen Ship Management (WSM) has entered into a management agreement with Ireland-based Pardus Energy for their new building Floating Storage and Regasification Unit (FSRU).WSM, one of the world’s largest third-party ship manager with a portfolio of more than 450 vessels and 9200 active seafarers, will be providing ship management services for the new FSRU named “Turquoise”.The FSRU is a 170,000 CBM gas processing vessel, built at Hyundai Heavy Industry, South Korea. The FSRU…

18 Jan 2019

BREXIT: North P&I Gets OK for Dublin Brexit Hub

Paul Jennings (Photo: North P&I)

British ship insurer North has received regulatory approval from Ireland's central bank for a new subsidiary in Dublin to ensure continued access to trade in the European Union in case Britain loses single market access, the firm said on Friday.North, which has its headquarters in the northern England city of Newcastle, is the first specialist Protection and Indemnity (P&I) club to announce regulatory approval for Brexit trading arrangements in the EU. It said a team of senior…

09 Jan 2019

InvaSave to be used for Atlantic Blue Port Services Project

Photo: Damen

On Thursday, December 27, an InvaSave 300 Mobile Ballast Water Treatment System was transported from Damen Green Solution’s premises in Gorinchem, the Netherlands, to Las Palmas de Gran Canaria to be used for a demonstration program as part of the “Atlantic Blue Port Services” project, made possible by the INTERREG Atlantic Area Program, funded by the European Regional Development Fund (ERDF).Upon arriving in the port of Las Palmas, the unit will be connected to a vessel’s ballast…

09 Jan 2019

Malta Allows Migrants to Disembark Ahead of EU Redistribution

Malta will allow 49 migrants who have been stranded at sea for weeks to disembark in Valletta, Prime Minister Joseph Muscat said on Wednesday, adding that they will then be re-distributed among eight European Union countries.The Sea-Watch 3, a vessel run by a German humanitarian group, plucked 32 people from an unsafe boat off the coast of Libya on Dec. 22. Another German charity, Sea-Eye, rescued 17 others on Dec. 29.They have both been sailing back in forth in Maltese waters for days after Italy, Malta and all other EU countries refused to offer them a port of safety."The migrants will be transferred from the ships to Maltese patrol boats and brought to Malta.

08 Jan 2019

d’Amico Tankers Signs Sale and Leaseback Deals for New Tanker

Pic: d'Amico International Shipping

The marine transportation company operating in the product tanker market d’Amico International Shipping (DIS) has secured a first in the Japanese market, signing an operating lease transaction for one of its LR1 newbuildings.d’Amico Tankers D.A.C. (Ireland), the subsidiary of DIS, has signed a memorandum of agreement and bareboat charter contract for its newbuilding LR1 vessel, said a release.Under the deal, the company agreed a sale and leaseback of the 75,000 dwt MT Cielo di Houston…

21 Dec 2018

ABP Bags Maersk Trade Deal

Image:  Associated British Ports

As agreement between Associated British Ports (ABP) container terminal located in Hull and Maersk, the world’s largest container shipping line,  to open a trading link between the north of England and the Far East.The service begins in the New Year into the 21-acre container terminal in Hull which has seen significant recent investment by ABP. The weekly feeder vessels will see ABP handle around 240 boxes per week, equivalent to 12,000 containers per year.“Unlocking this new trade gateway to the rest of the world is not only significant for the local economy…

19 Dec 2018

Maersk Moves North-East England Coverage to Hull

Image: Maersk

A.P. Moller - Maersk, an integrated container logistics company, announced that it is moving its  North-East England coverage from Immingham to Hull.The existing connection between Immingham and continental Europe, will change to Hull, enabling better accessibility for local shippers and offering convenient connection with mainline services."Starting January 12th, 2019, the short sea service, operated by BG Freight and currently calling Immingham, will be moved to Hull Container Terminal in East Yorkshire…

16 Dec 2018

Irish Ferries Set To Launch WB Yeats

Pic: Irish Ferries

Irish Ferries’ flagship craft, the WB Yeats, is finally due to set sail after months of delays that disrupted much of the company’s schedule this year.The maritime transport company that operates passenger and freight services on routes between Ireland, Britain said in a press note that this vessel will provide passengers with a unique and memorable cruise-style travel experience. Offering up to four sailings a week directly from Dublin to France, this flagship cruise ferry will travel 125…

12 Dec 2018

MJM Group Cruises to Poland

Photo: MJM Group

The international specialist in cruise ship refurbishment MJM Group has established a presence in Poland with the opening of an office in Gdanski.The marine outfitter said in a release that the office, based in Pruszcz Gdański, will be primarily a Design and Administrative hub which will support key activities and projects at the company’s headquarters in Northern Ireland.Gary Annett, MJM Group CEO, said: “MJM Group has a long and proud association with Poland. Many of our employees in Northern Ireland are originally from Poland and we have very strong Polish supply chain.

10 Dec 2018

MOL LNG Carrier Rescues Castaway

Rescued castaway, and area where rescue took place. Pic: MOL

Japan’s Mitsui O.S.K. Lines (MOL) revealed that its liquefied natural gas (LNG) carrier LNG Fukurokuju has safely rescued a castaway  330km off New Ireland, Papua New Guinea.According to MOL, the crew onboard the 165,134-cbm LNG Fukurokuju, while underway northeast of New Ireland, Papua New Guinea, spotted a castaway who was calling for help at 16:30 (all times in local time) on November 26."The vessel immediately started rescue activities, and rescued him at 18:30 on the same day…

10 Dec 2018

Scientist Pool Data to Create the $3B Ocean Map

© peteri/Adobe Stock

For experts in the field of ocean mapping it is no small irony that we know more about the surfaces of the Moon and Mars than we do about our planet's sea floor."Can you imagine operating on the land without a map, or doing anything without a map?" asked Larry Mayer, director of the U.S.-based Center for Coastal and Ocean Mapping, a research body that trains hydrographers and develops tools for mapping."We depend on having that knowledge of what's around us - and the same is true for the ocean…

02 Dec 2018

Shell Sells Upstream Interests in Ireland for $1.3bln

Image: Shell

Shell Overseas Holdings, an affiliate of Royal Dutch Shell plc, has completed the sale of its shares in Shell E&P Ireland Limited (SEPIL), which holds a 45% interest in the Corrib gas venture, for up to $1.30 billion, to Nephin Energy Holdings Limited (NEHL), a wholly-owned subsidiary of Canada Pension Plan Investment Board (CPPIB).A press release said that completion follows receipt of all necessary partner and regulatory consents and the transaction’s effective date is 1 January 2017.The transaction includes an initial consideration of $958 million (€840 million)…

30 Nov 2018

DIS Annouces Sale and Leaseback of a MR Tanker

Pic: d’Amico International Shipping S.A

International marine transportation company operating in the product tanker market d’Amico International Shipping S.A. (DIS) said that  its operating subsidiary d’Amico Tankers D.A.C. (Ireland) signed a memorandum of agreement and bareboat charter contract for the sale and leaseback of the MT High Trader.The 49,990 dwt medium-range (MR) product tanker vessel is built in 2015 by Hyundai-Mipo, South Korea was sold for a consideration of US$ 27.0 million.This transaction allows d’Amico Tankers to generate at the Vessel’s delivery around US$ 8.6 million in cash…

Maritime Reporter Magazine Cover Feb 2019 - Ferry Builders

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News