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News

Favourable renegotiation of existing contracts
News

Favourable renegotiation of existing contracts

Bocimar has converted its order for three Aframax tankers from Hanjin into an order for four bulk vessels, i.e. one 180,000 dwt unit to be delivered in October 2011 and three 205,000 dwt units to be delivered in January, April and July 2012. The purchase price amounts to USD 56 million for the first

about 16 years ago
Main shareholders of Ge-eX Logistics start new venture in temperature-controlled 45ft reefer transport: Ge-Fresh Logistics
News

Main shareholders of Ge-eX Logistics start new venture in temperature-controlled 45ft reefer transport: Ge-Fresh Logistics

After the successful launch in May 2007 of Ge-eX Logistics, which provides door-to-door multimodal container transport services on key European routes, the majority shareholders in this company have decided to expand into the temperature-controlled sector with the launch of Ge-Fresh Logistics. “Ente

about 16 years ago
Navingo and HME organize seminar on offshore wind installation and maintenance
News

Navingo and HME organize seminar on offshore wind installation and maintenance

Navingo will organize, in cooperation with HME (part of Holland Marine Equipment), a seminar on Offshore Wind Installation and Maintenance on 29 April 2010. The seminar, combined with a Product Display Area will take place at WTC Rotterdam and is the first in The Netherlands dedicated entirely to in

about 16 years ago
Sri Lanka to build new deepwater container terminal
News

Sri Lanka to build new deepwater container terminal

The Chairman of the Sri Lanka Ports Authority (SLPA) Priyath Wickrama has said that the port was in the final stages of negotiations with a private investor consortium, led by China Merchant Holdings, for the construction of a new deepwater container terminal. [mappress] Source: Baird Maritime, Febr

about 16 years ago
The Lafarge Group acquires two docks on the Saginaw River (USA)
News

The Lafarge Group acquires two docks on the Saginaw River (USA)

BAY CITY — The country’s largest diversified supplier of construction materials has acquired two docks on the Saginaw River, creating the potential for increased shipping traffic on a waterway that has seen sluggish times of late. [mappress] Source:mlive,February 22,2010;

about 16 years ago
Virginia could become a wind energy state
News

Virginia could become a wind energy state

Virginia Governor Bob McDonnell met this week with Interior Secretary Ken Salazar and six other Atlantic coastal state governors to discuss [mappress] Source: examiner, February 20, 2010;

about 16 years ago
Markell takes part in wind power summit
News

Markell takes part in wind power summit

The meeting was hosted by Secretary of the Interior Ken Salazar Friday afternoon in Washington.

about 16 years ago
Hanjin threatens CMA CGM: Pay up or lose ship
News

Hanjin threatens CMA CGM: Pay up or lose ship

Hanjin Heavy Industries, Korea, last week told France-based CMA CGM that it has until tomorrow (February 23) to pay for its new ship or lose it to a third party. Hanjin said last week that it had cancelled the third of four 6,500TEU containerships for CMA CGM. Should the French liner fail to pay up,

about 16 years ago
UK power company trials inland shipping
News

UK power company trials inland shipping

Yorkshire’s Drax Power station last month loaded the cargo ship ‘Torrent’ with 1,200 tonnes of Pulverised Fuel Ash (PFA). PFA is a by-product from power stations which can be used for a number of purposes such as manufacturing concrete. More shipments of the sort are expected to take place this year

about 16 years ago
Pirates hunt in the transit corridor
News

Pirates hunt in the transit corridor

Pirates continue to roam the International Recommended Transit Corridor (IRTC) in search of vessels to attack, reports the EU Maritime Centre. A coalition helicopter has photographed suspicious skiff activity in the Gulf of Aden in the middle of the IRTC and other suspicious activity has been witnes

about 16 years ago
Smith and Schlumberger become one
News

Smith and Schlumberger become one

Oilfield giants Schlumberger and Smith International have agreed to merge in a stock for stock for stock transaction which will change the worldwide oil services landscape. Smith’s shareholders are set to receive 0.69 Schlumberger shares for each Smith share they hold, and the share valuation of US

about 16 years ago
Rescue helicopters ‘have improved since crash’
News

Rescue helicopters ‘have improved since crash’

Oil giant BP has said safety improvements have been made to rescue helicopters since 18 men survived a North Sea crash. The Super Puma went down 125 miles east of Aberdeen a year ago. The two crew and 16 passengers were all picked up by helicopter and rescue craft.

about 16 years ago
The Danish merchant fleet is still growing
News

The Danish merchant fleet is still growing

The number of Danish owned vessels are still on the rise. Denmark’s merchant fleet is now the fourth largest in EU and accounts for four per cent of the global tonnage. Many of the new ships are tankers. Data from Statistics Denmark show that these last years the capacity of the Danish fleet of tank

about 16 years ago
FreeSeas Announces New Charters for Six of Its Vessels
News

FreeSeas Announces New Charters for Six of Its Vessels

FreeSeas Inc., a transporter of dry-bulk cargoes through the ownership and operation of a fleet of eight Handysize vessels and two Handymax vessels, announced today new charters for six of its vessels. Mr. Ion Varouxakis, Chief Executive Officer of FreeSeas, stated, “We are pleased to report healthy

about 16 years ago
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