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CLASSIC CHARTERS

EPSITRON Line Carries GL Approval

EPSITRON GL 1200x1200

  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.


New Shipyard for Belfast's Working Waterfront

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  


Boat Recycling

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 and Starsupply Launch Hedging Service

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.


Star Cruises of Malaysia to Order Metso DNA System

MS Star Pisces cruise ship will be operated by a Metso DNA automation system from March 2013.

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


New Wärtsilä Subsidiary Trades Classic Engine Parts

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


Kold-Draft Provides Quality Cubes

The Kold-Draft 350 Series "Classic" cuber produces up to 320-lbs. of ice per day, and is engineered with rugged unibody construction. Its time-proven design ensures reliable operation, greater water efficiency and maximum ice making capacity. Serviceability is from the front and the use of environmentally friendly R-404a refrigerant offers added efficiency. Kold-Draft's GT Series Slimline cuber measures only 28 x 3/8-in. wide and is engineered and built to fit in small areas


United States Lines Names First Ship ms Patriot

United States Lines, a subsidiary of American Classic Voyages, said the vessel it is acquiring from Holland America Line will be named ms Patriot. The vessel - being acquired for $114.5 million - will offer seven-night cruises year-round from Honolulu, Hawaii. The company will take delivery next October, with the inaugural voyage planned for December 9, 2000. During a planned renovation, new facilities will be added to the vessel to enhance the passengers' Hawaiian cruise experience


Blount-Barker Signs Contract For Sea Wolf Marine Tug

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


McGinnis Appointed VP Of Marketing

American Classic Voyages Co. has appointed Scott G. McGinnis vice president of marketing for its Delta Queen product group, which includes Delta Queen Steamboat Company and Delta Queen Coastal Voyages. McGinnis is responsible for all marketing activity on behalf of Delta Queen Steamboat Company's four riverboats, which cruise throughout the U.S. Heartland, South and Pacific Northwest, and Delta Queen Coastal Voyages' two ships


Diana Containerships, MSC Enter Time Charter Deal

(Photo: Diana Containerships)

Diana Containerships Inc. announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with MSC-Mediterranean Shipping Co. S.A., Geneva, for one of its Post-Panamax container vessels, the m/v Puelo, a 6,541 TEU container vessel built in 2006.  


Jensen Debuts New Tractor Tug Design

BayDelta (Photo: Jensen Maritime)

Crowley Maritime Corp.’s Seattle-based naval architecture and engineering firm, Jensen Maritime, reports it has designed a new tractor tug for Vessel Chartering LLC that features some of the first Tier IV engines meeting higher federal air emissions standards among U.S. tugboats.  


Asia Dry Bulk-Capesize Rates Under Pressure

A so-called ValeMax bulk carrier at the berth (File image: Vale)

Capesize rates fall in a quiet market as holidays weigh; 20 charter-free capesize ships could add to downward trend. Freight rates for large capesize dry cargo ships on key Asian routes are set to drift lower next week unless there is an uptick in chartering activity from major miners


Slower Demand for Larger Vessels Drags Baltic Index Lower

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday due to diminishing demand for larger vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 10 points


Navios Secures MR2 Product Tanker Charters

Navios Maritime Acquisition Corporation, announced today the employment of three product tankers at charter rates that are, on average, 14 percent higher than their previous charter rates.   The Nave Equator, an MR2 product tanker, has been chartered to a high-quality counterparty for 18


Bahri, Rickmers-Linie Ink Charter Deal

Bahri Rickmers-Linie in Charter deal

Rickmers-Linie, the Hamburg based specialist for project and heavy lift liner services and the National Shipping Company of Saudi Arabia (trading as Bahri Liner) have recently signed a space charter agreement. The agreement covers the ports on the US Atlantic and Gulf Coasts as well as ports in


Hyundai Merchant Marine in Doldrums

Photo: Hyundai Merchant Marine Co

 Amid speculation that Hyundai Merchant Marine Co. (HMM) may go into court receivership, the financial authorities and creditors will try to make it a subsidiary of Korea Development Bank (KDB).    South Korea’s finance minister Yoo Il-ho said that HMM


Asia Tankers-VLCC Rates Face Pressure

Number of MidEast charter fixtures less than usual; Basra crude exports set to fall in May. Freight rates for very large crude carriers (VLCCs) will come under further pressure next week if the current sluggish chartering activity continues, ship brokers said on Friday.


HCI Capital Acquires Ernst Russ GmbH

Schiff Courtesy HCI Capital

 HCI Capital AG acquires the long-established Hamburg shipping company Ernst Russ GmbH & Co. KG. The HCI Group, which early in 2016 already the majority of the shares of König & Cie. Group had taken, thus expanding again the controlled fleet and strengthen its maritime services


Europa 2 to Call Cuba for the First Time

Europa 2 (Photo: Hapag-Lloyd Cruises)

Sun, sand and Caribbean ‘joi de vivre’ – Hapag-Lloyd Cruises’ Europa 2 will visit the island of Cuba in the Greater Antilles for the first time on two cruises in October and November 2016.   Maiden ports of call are special moments on cruises with Hapag-Lloyd


V.Ships Wins Fortress Deal

Courtesy V Ship Management

V.Ships Offshore, part of V.Group has been awarded a ship management contract by Fortress Transportation and Infrastructure Investors LLC to provide full technical and crew management services for an advanced SURF/IMR vessel. The ship management services will be delivered from our newly


MOL's LNG Carrier KUMUL Delivered

At the naming ceremony Courtesy MOL

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced the delivery of the LNG carrier KUMUL at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong) in Shanghai on April 29. A naming ceremony was held at the shipyard on April 8


A Look Back At The Tanker Market

Graph: Clarksons Research

 The fall in the oil price after the summer of 2014, coupled with the decision by OPEC to keep oil production at elevated levels has combined to support an improved tanker market, but just how good are these “good times” in a historical context? Clarksons Research Analysis.


Hanjin Shipping May Get OK for Restructuring

Photo: Hanjin Shipping

 South Korea’s largest container operator by capacity Hanjin Shipping's creditors are expected to approve a corporate rehabilitation program for the struggling container line, local media reports suggest.    Creditor banks of cash-strapped Hanjin are likely to give the


Container Market - Between a Rock and a Hard Place

Containership ownership by size range, active and on order, April 2016 (‘000 teu). Graph by Drewry Maritime Research

 The pain of the current container market downturn extends beyond carriers, says Drewry's Container Insight Weekly.    Some independent ship-owners are faced with either lowering charter rates to help save ailing carriers or risking their assets going idle.  






 
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