Tag: Nordic

The International Transport Forum (ITF) issued a report which analyzes prospects for energy use in the Nordic shipping sector and outlines potential solutions that could allow the region to pro-actively respond to the imperatives of energy diversification, the reduction of local pollutants and the abatement of greenhouse gas (GHG) emissions. 

Nordic Shipholding, Danish Shipowner, entered a new sale and purchase memorandum of agreement to dispose Nordic Ruth vessel, which the company didn't manage to sell, in the past. The chemical/product tanker would be sold for USD 5.8 million.

During this week’s ministerial meeting in Iceland, the Nordic ministers for the environment agreed to send a joint letter to the UN Convention on Biological Diversity (CBD), to address the importance of setting the bar high in order to fulfill the new targets that will take effect after 2020.

In the latest revision of the Nordic Marine Insurance Plan, it was agreed to restrict the war risk cover to politically motivated interventions, with state interventions falling outside the war risk cover included in the marine insurance cover. The 2019 revision of the NMIP was approved by all parties and the document was published for use by insurance practitioners. The amendments in the 2019 version vary from small clarifications in clauses to more substantial re-writing of individual clauses.

Norwegian Hull Club published a new version of the Handbook on Loss of Hire Insurance, providing explanations to the Nordic loss of hire conditions. The term "loss of hire insurance" suggests that the assured is insured in general for any incident that causes one or more of his vessels to be demobilised so as to be deprived of income., but the insurance has never been that comprehensive.

Nordic Tankers Trading, Danish tanker company, announced their intention to create a new company in partnership with V.Group, international marine services business, to secure growth in ship management operations.

Nordic Orion sails from Vancouver to Finland in a historic transit The international shipping industry is these days witness to a historic event, when a vessel for the first time ever is sailing from Vancouver in Canada to Finland through Arctic waters. The bulk carrier MV Nordic Orion is using the North West Passage as a transit trade lane, when transporting coal from Vancouver in Canada to Finland. The historic transit is shorter than traditional shipping routes and will not only save time, fuel and CO2, but also increase the load of cargo with 25% compared to the Panama Canal.With its ice cover changing and a bulk carrier set out to conquer it, the Northwest Passage is becoming a potentialviable route for commercial traffic. MV Nordic Orion will carry a cargo of 73,500 tons of coal via the so called North West Passage, through Arctic waters to Finland, which could make it the first commercial bulk carrier to traverse the route since the SS Manhattan broke through in 1969.The two-year-old vessel left Vancouver on September 6 on a route planned with the Canadian authorities and coastguard. MV Nordic Orion is one of the world's few modern ice-class bulk carriers, managed ...

Nordic Yards has completed the extensive renovation of the 169m long ship The Wismar facility of Germany's Nordic Yards has completed the unusual modernisation of an ice-breaking container ship - the Norilskiy Nickel - prompted by increased transport demands on Russia's northern route.The 18,000dwt, 648TEU ship, which breaks ice up to 1.5m thick, was re-delivered to Russian mining concern Norilsk Nickel on completion and left Wismar for Murmansk.The extensive renovation of the 169m long ship was booked as recently as May and has been welcome fill-in work for the struggling German yard. Nordic, the former Wadan/Aker MTW, is no stranger to such work, but has traditionally been more of a newbuild than a repair and conversion facility.Along with routine repair and maintenance, which included hull conservation, painting, classification work and also heeling tests, Nordic installed two new loading cranes and two provisions cranes as well as a more powerful port auxiliary genset. The number of reefer plugs was increased and side container supports added to increase the number of overall container slots. A shelter deck and a ballast water handling plant were also added.Yard spokeswoman Tina Kunath told The Motorship Wednesday: "the modernisation of the ship was needed because of ...