Category archives for: Also in the news

MUA Urges for Protection of Australian Jobs in Coastal Shipping

MUA Urges for Protection of Australian Jobs in Coastal Shipping

The Maritime Union of Australia (MUA) has urged the Abbott Government to protect Australian jobs, the maritime skills base and the environment when considering changes to laws covering coastal shipping. The call comes as the Australian Deputy Prime Minister Warren Truss voices the need to boost the country’s coastal shipping which has seen an almost 2% decrease on 2011-12. According […]

CLdN Redirects Gothenburg Operations to Logent

CLdN Redirects Gothenburg Operations to Logent

The ro-ro company CLdN has signed a ship and freight handling agreement with the car and ro-ro terminal Logent Ports & Terminals at the Port of Gothenburg. They will begin using the terminal on November 15. On Monday it was announced that the Belgian shipping company CLdN has signed a ship and freight handling agreement with […]

IMO Secretary-General Rules Out Reappointment

IMO Secretary-General Rules Out Reappointment

International Maritime Organisation (IMO) Secretary-General Koji Sekimizu has disclosed his decision not to seek reappointment at the fulfilment of the current term at the end of 2015. Secretary-General Sekimizu stated that reasons of personal nature led to the decision not to seek reappointment. “I would like to retire from IMO at the end of the current term […]

Finland Bankrolls Three LNG Terminals

Finland Bankrolls Three LNG Terminals

Finland’s Ministry of Employment and the Economy has committed a total of EUR 65.2 million in energy subsidies for three liquefied natural gas (LNG) terminals. With the help of this support, Manga LNG Oy, Skangass Oy, and Oy Aga Ab will build LNG terminals in Tornio, Pori and Rauma respectively. These new terminals will help facilitate […]

US Coast Guard Flaunts the Latest Drug Bust

US Coast Guard Flaunts the Latest Drug Bust

The U.S. Coast Guardsmen offloaded 719 kilograms of cocaine at Coast Guard Station Miami Beach, Florida, on September 18, 2014. The crew aboard the Coast Guard Cutter Bear interdicted the USD 23 million worth of cocaine from a container ship on September 8, 2014. The Coast Guard Cutter Bear intercepted the 208-foot cargo vessel Borocho northeast of Panama […]

Cleveland-Europe Express Service Doubled

Cleveland-Europe Express Service Doubled

The U.S. Port of Cleveland and Amsterdam-based Spliethoff Group are planning to add a second monthly vessel to the Cleveland-Europe Express (CEE), the only scheduled ocean service for containerized and breakbulk freight operating between Europe and a Great Lakes port, according to Spliethoff. “We are extremely pleased to announce our intent to add a second […]

Victoria’s Ports on Australian Parliament Agenda

Victoria’s Ports on Australian Parliament Agenda

Victoria’s commercial ports have performed strongly over the past year, posting solid figures in import and export trade, Port of Hastings says in a release. Australia’s Minister for Ports David Hodgett welcomed the annual reports tabled in Parliament, and said the figures reinforced the strategic value of Victoria’s commercial ports. “Victoria has an incredibly strong ports […]

Odfjell Gas Inks Pool Deal with Lauritzen Kosan

Odfjell Gas Inks Pool Deal with Lauritzen Kosan

Odfjell Gas AS, an LPG/ethylene joint venture between Odfjell SE and affiliates of Breakwater Capital and Oak Hill Advisors, has entered into an agreement with Lauritzen Kosan AS, placing its existing two LPG/Ethylene carriers, Bow Guardian and Bow Gallant, on commercial management with similar size tonnage operated by Lauritzen Kosan. Odfjell said that as of […]

Cosco Sheds Deadweight

Cosco Sheds Deadweight

China Cosco Holdings Company Limited  had disassembled eight bulk carriers with the aggregate capacity of 553,798 deadweight tonnes throughout July and August 2014. The scrapping is in line with Cosco’s recent decision regarding restructuring of its shipping fleet, and the decommissioning and disposal of aged vessels. The vessels, sold as scrapped to third-party buyers for RMB 155.5 million (USD […]

Finland Proposes Reduction of Fairway Dues

Finland Proposes Reduction of Fairway Dues

The Government of Finland has proposed temporary acts for reducing fairway dues and removing the track tax. The changes will be included in the 2015 budget proposal, a governmental press release read. According to the statement, fairway dues will be halved for the period 2015-2017. During the same period, no track tax will be levied […]

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