EPSITRON CLASSIC power supplies and electronic circuit breakers now carry GL marine and on-and-offshore approval. Offering an ultra-slim power supply package solution featuring economically-priced 1-, 2- and 3-phase modules, EPSITRON CLASSIC power supplies feature an identical housing profile, and wide input and voltage range. 787 Series EPSITRON circuit breakers offer excellent features and reliable protection against overload and short circuits. With a maximum width of 45 mm, WAGO's electronic circuit breakers feature high channel density, providing space-saving installation in the control cabinet. EPSITRON CLASSIC power supplies (787-16xx) and electronic circuit breakers (787-166x) with GL approval are now compliant with the highest safety standards making it the ideal integrated solution for worldwide use both on-and offshore.
According to the Marine Public Broadcasting Network, a new shipyard is opening in Belfast. Boat builders, led by J.B. Turner and partners Taylor Allen of Rockport Marine and Steve White of Brooklyn Boatyard, will construct composite and classic wooden yachts. The yard will have a retrofitting business, a full-service marina, some unique shipping ventures. Source: Marine Public Broadcasting Network
Some excursion vessels happily seem to live forever. They change owners, change paint colors, endure countless renovations, bare scars from misguided attempts to "improve" her propulsion system… but the boat lives on. Such is the case of a 1969 vintage two-deck paddle wheeler built in 1969 by the Dubuque Boat and Boiler Company. The vessel has had many names. But the one most associated with the vessel is Bonnie Belle
OceanConnect President Thomas Reilly today announced the launch of a new risk management service aimed at helping shipowners and suppliers protect their profits. "Financial derivatives have become an important tool in the risk management arena. OceanConnect, in partnership with Starsupply Petroleum, will offer the first derivative brokerage service focused exclusively on the world's bunker markets," Reilly said.
The Star Cruises of Malaysia has chosen Metso to refurbish the automation system on its MS Star Pisces cruise ship that sails in the Far East. The vessel's new automation will increase reliability and customer comfort. After docking in Hong Kong in February, the vessel will continue its cruise program from March 2013 onwards. Metso will supply its state-of-the-art Metso DNA system to replace the present Damatic Classic automation system that it had supplied earlier
Wärtsilä announced it has established a subsidiary to trade spare parts for classic four-stroke Wärtsilä engines. QuantiParts, fully owned by Wärtsilä, will operate from the Netherlands and serves customers in the marine, locomotive and power plant industries worldwide. QuantiParts trades original engine manufacturer (OEM) spare parts for selected mature Wärtsilä medium- and high-speed four-stroke engines, such as Deutz, Stork, Bolnes, Sulzer A/S
The Department of Transportation Office of Inspector General (OIG) issued its Report on the Audit of the Title XI Loan Guarantee Program The audit examined whether proper procedures were followed and the impact of recent bankruptcies. As of December 2002, the Title XI portfolio totaled approximately $4.3 billion in executed loan guarantees and loan guarantee commitments. The report discussed the impact of the American Classic Voyages Co. (AMCV) bankruptcy ($1
This past August, Blount-Barker Shipbuilding signed a contract with Sea Wolf Marine of Bayonne, N.J. to build a 2,400-hp, 85-ft. (25.9 m) double chine, all welded twin-screw tug set for delivery in April 2002. Bristol Harbor Group has been contracted to modify the Blount classic 85-ft. (25.9-m) tug design to take advantage of CNC (computerized numeric controlled) cutting. The tug will be powered by two CAT 3512 engines; 4:1 twin gears and two 65kW generators will supply ship service power
Following the decision to enter into bankruptcy this past October, American Classic Voyages has agreed to sell two of steamboats - Delta Queen and Mississippi to Chicago-based investment firm Waveland Investments LLC for $3.75 million. The company, which is privately-held, plans to take over the boats, effective next month. Mississippi Queen, which ceased operations in October, will resume its itinerary on May 7, while Delta Queen
The Stewart Group, an international shipbroker, has underpinned its growth plans by relocating to new premises in Aberdeen which triple its office space. The established business, which currently has 12 people based in the city, as well as a further 14 at offices in London, Houston, Cape Town and Ghana, now has space for 26 staff following a move to the multi-million pound City Wharf development on Shiprow. The company, which was previously based in Union Street
Tsakos Energy Navigation Ltd. (NYSE:TNP) has taken delivery of the aframax tanker Elias Tsakos, part of the 15-vessel newbuilding program and the first of the nine assigned for the Statoil long-term business. The vessel was delivered from Daewoo Mangalia Heavy Industries and will immediately
Shipowners seeking $10 per tonne from Brazil-China; dry cargo demand to remain subdued this year. Freight rates for large capesize dry cargo ships on key Asian routes may firm up next week on increased chartering activity, tighter tonnage supply and possible port disruption caused by bad
Subsea 7 S.A. said it has reached an agreement with Petrobras to substitute a pipelay support vessel (PLSV) working off Brazil. The agreement will see the Subsea-7-owned PLSV Seven Mar swapped in for the chartered PLSV Normand Seven in late June.
Around 47 MidEast charters fixed for July loading so far; older tonnage and new vessels a drag on freight rates. Freight rates for very large crude carriers (VLCCs) are set to nudge higher next week after moving above nine-month lows on increased charters this week, ship brokers said on Friday
Braemar Shipping Services PLC on has terminated its involvement in the ACM ICON Shipping DMCC venture, announcing the sale of its 50% stake to its joint-venture partner Icon Chartering Ltd, says a report by Alliance News. Braemar said it has determined the venture is no longer
As Dampskibsselskabet NORDEN A/S further tightens its focus in the dry cargo segment to medium-sized Supramax and Panamax vessels, the company has sold four Handysize dry cargo vessels. Following the sale of Nord Hong Kong (32,282 tdw built in 2011), Nord Houston (32,389 tdw built in 2011)
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with SeaGo Line A/S for one of its Post-Panamax container vessels, the m/v March.
Rates from Australia to fall, Brazil rates to nudge higher. Freight rates for large capesize dry cargo ships on key Asian routes could diverge next week with rates from Australia to China trending lower on weaker sentiment while prices from Brazil to China could rise on tight vessel supply
Nordic American Tankers Ltd. (NYSE:NAT) entered into a 30 months charter contract with a subsidiary of ExxonMobil (EM) for one of the NAT suezmaxes. The firm period is 18 months with an option of further 12 months. The gross revenue from the contract of 30 months is about $25 million
Clarksons Research Analysis takes a look at the world’s major shipping fleets and how do the largest shipowning nations perform when it comes to punching above their weight? SIW 1223 pointed out that Greek owners as a whole command a powerful ‘sting’ when one
Athens-based Star Bulk Carriers Corp has determined to effect a 1-for-5 reverse stock split of the Company's common shares. The Company's shareholders approved the reverse stock split and granted the Board the authority to determine the exact split ratio and proceed with the
The container ship-leasing company Seaspan Corp declined Hanjin Shipping Co.’s request for a cut in charter rates by about 30 percent, dealing a blow to efforts by South Korea’s biggest liner to revamp debt amid a prolonged trade slump, reports Bloomberg.
Navig8 Chemical Tankers Inc. has signed sale and leaseback agreements with CMB Financial Leasing Co. Ltd. (CMB) for three of its IMO2 37,000 dwt Interline coated tankers. The company said that the expected net proceeds from the transaction are USD 91.2 million.
BIMCO has opened a new regional office in Singapore in order to increase services to its members in the Southeast Asia region and boost collaborations with regional maritime associations. BIMCO’s new Singapore contact will be General Manager, Maite Bolivar Klarup
InterMoor completed its involvement in the Shell Malikai Tension Leg Platform (TLP) float-off operations. The TLP was loaded onto the Dockwise Heavy Lift Vessel White Marlin at Malaysia Marine and Heavy Engineering (MMHE) shipyard in Pasir Gudang, Malaysia