Category archives for: Europe & Eurasia

Ordering Frenzy at COSCO Shipyards

Ordering Frenzy at COSCO Shipyards

Singapore based COSCO Corporation Limited  has through its subsidiaries secured contracts valued at approximately USD 300 million to build one accommodation barge and seven bulk carriers.   COSCO (Zhoushan) Shipyard Co., Ltd., has received orders from an unnamed European company to build one DP3 accommodation barge scheduled for delivery in 3Q2016. The same shipyard also received orders […]

TORM Lotte Helps Save Up to 300 Lives

TORM Lotte Helps Save Up to 300 Lives

TORM Lotte, a product tanker owned by Danish shipowner TORM A/S, has assisted Italian and Maltese authorities in a rescue operation to save a large group of boat refugees in the Mediterranean Sea.   TORM Lotte, sailing under DIS flag, was bound for La Skhira when the vessel on 18 July at 1245 hrs CET […]

Lithuania Laying Groundwork for Better Seafarer Protection

Lithuania Laying Groundwork for Better Seafarer Protection

In order to ensure safe navigation and prevent ship pollution, the Government of Lithuania will implement new regulations for the control of the international and Lithuania‘s ships.   In order to do so, the Government of Lithuania voted in favor of approving new maritime law amendments proposed by the Ministry of Transport and Communications. Maritime […]

Ocean Yield Orders Ethylene Carrier Trio

Ocean Yield Orders Ethylene Carrier Trio

Ocean Yield ASA, the Oslo-based shipowner, has placed orders for three LEGCs (Liquefied Ethylene Gas Carriers) of 36,000 cbm capacity, to be built at Sinopacific Offshore & Engineering, China.   Each will be powered by a single MAN B&W ME-GI low-speed, dual-fuel engine. The engines will run on ethane, which ethylene carriers are also equipped […]

Satellites to Cover Marine Traffic Blind Spots

Satellites to Cover Marine Traffic Blind Spots

European Space Agency (ESA) will improve the identification and tracking of seafaring vessels anywhere on Earth from 2018 under a public–private partnership with LuxSpace of Luxembourg and exactEarth of Canada, ESA said in a release.   Existing marine traffic control, which is based on radio links, is limited to coastal areas and even near shore […]

Many Govts Still Not Ready for PSC Inspections ahead of Sulphur Switch

Many Govts Still Not Ready for PSC Inspections ahead of Sulphur Switch

The International Chamber of Shipping (ICS) is encouraging the Paris Memorandum of Understanding on Port State Control to ensure that a harmonised approach to PSC inspections has been developed in advance of the 1 January 2015 deadline with respect to the implementation of the 0.1% Sulphur Emission Control Areas (ECAs), established in accordance with MARPOL […]

UK Based Car Carrier Owner Fined for Ship Based Pollution

UK Based Car Carrier Owner Fined for Ship Based Pollution

UK based company Lombard Corporate Finance Limited, the owner of UK flagged car carrier, Morning Midas, was convicted, fined $5000 and ordered to pay costs after it was found guilty in the Melbourne Magistrates Court on Friday, July 18, of contravening section 26F (3) of the Protection of the Sea (Prevention of Pollution from Ships) […]

Video: Costa Concordia’s Final Voyage Set for Wednesday

Video: Costa Concordia’s Final Voyage Set for Wednesday

The long-awaited removal of the Costa Concordia wreck from Giglio Island will have to wait for yet another day as the final date has been pushed for Wednesday, July 23rd, according to the latest briefing by salvage officials.   The delays in refloating of the ship along with execution of pre-departure activities have pushed the […]

Bureau Veritas Issues LNG Bunkering Guidelines

Bureau Veritas Issues LNG Bunkering Guidelines

International classification society Bureau Veritas has published a comprehensive set of guidelines on LNG Bunkering, with the aim of speeding adoption of LNG as a ship’s fuel by kick starting the LNG bunker chain.   Jean-Francois Segretain, Technical Director, Marine and Offshore Division, Bureau Veritas said: “We really believe that LNG has great potential as a […]

Banks Pulling Out from Torm’s Restructuring Talks

Banks Pulling Out from Torm’s Restructuring Talks

Only five banks are left standing from the initial thirteen in the negotiations to restructure Danish debt-stricken shipping company Torm.   Danske Bank is said to have pulled out from the talks, according to sources cited by the Lloyd’s List, who said that the bank is trying to divest its stake in Torm. Danske Bank […]

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