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MarineCFO Unveils Commercial Release of MarineCFO

MarineCFO Inc., a provider of marine transportation solutions announced the commercial release of MarineCFO for the marine transportation industry. MarineCFO, Inc. offers industry leading solutions to the global Marine Transportation Industry. Built upon the UA Financial Management and Business Framework Software Platform, MarineCFO boasts the benefits from the expertise and experience gained in over 6,000 customer installations worldwide in most major industries.


Swift Appointed Foundation GM

Captain Peter J. Swift has been appointed as the General Manager of the Maritime Industry Foundation. He takes up his new position with effect from June 2007. Before joining the Maritime Industry Foundation, Captain Swift spent forty eight years in the maritime industry. Twenty of those years were at sea, with command experience on LNG carriers, OBOs and aframax tankers. Shore experience included marine operations and technical management positions with P & O Bulk Shipping Division


Ship Demand to Reach 31 Million DWT between 2006-2010

According to Research and Markets, which provides an in-depth study on supply-demand, competitive pattern and latest market changes in Chinas shipbuilding industry, as well as presents and analyzes the development and operating strategies, competitiveness and the prospect of major manufacturers in details, from 2006 to 2010, the total demand of ships will reach 31 million DWT, and the annual demand will be 6.2 million DWT on average


Pakistan President Approves Strengthening Shipbuilding Industry

Pakistan President President General Pervez Musharraf said shipbuilding industry can become the country’s great asset due to its potential and would contribute to the uplift of national economy.The President was chairing a meeting of Karachi Shipyard and Engineering Works (KSEW) to review the shipbuilding industry, which was also attended by Prime Minister Shaukat Aziz. Vice Admiral Iftikhar Rao, Managing Director KSEW in his presentation informed President Musharraf that shipbuilding is


Kronodoc Oy Introduces Software Version for Marine Industry

Kronodoc Oy introduces a new software version, Kronodoc Marine. The new version is suitable for Marine Industry clients to manage their content, execute program and project management around the world. Kronodoc generates process analysis and reports in a distributed collaborative environment. The new software version adds a wide range of new functionality: Project Email Tracking Powerful Information Search Process Management, System Application Integration (Ex: CAD Viewer, CADRef)


Korea's Shipbuilding Industry Update

According to English.chosun.com, Korea's southern island Geoje has a 400-hectare plot where 26,000 shipbuilders are hard at work. The shipyard owned by Daewoo Shipbuilding and Marine Engineering places among the top five along with Hyundai Heavy Industries and Samsung Heavy Industries. Korea's shipbuilding industry, keeps on growing. This year's ship exports are expected to exceed US$30 billion, up 13 percent from last year.


Stoffer asks Government to Invest in Canadian Shipbuilding Industry

NDP Shipbuilding Critic Peter Stoffer (Sackville-Eastern Shore) asked the Conservative government today to invest in Canada’s shipbuilding industry, in response to news that the federal government will invest $900 million dollars in the aerospace sector in Quebec over the next five years. The NDP is also asking the federal government to further protect the shipbuilding industry from talks and negotiations with the European Free Trade Association and South Korea


Expansion Continues at the Australian Marine Complex

The expansion of Western Australia’s shipbuilding capabilities is set to continue with the construction of two crucial common-use facilities at the Australian Marine Complex ( AMC ) at Henderson. The State Government has today called for expressions of interest to build a service and repair facility for the local super-yacht industry and a blast and paint facility at the AMC. Industry and Enterprise Minister Francis Logan said the State Government was committed to ensuring the


Japanese Shipyard Expected To Integrate

Three Japanese shipbuilders are expected by the end of the week to sign an agreement to integrate their operations, Reuters reported. According to the report, Kawasaki Heavy Industries Ltd., Ishikawajima-Harima Heavy Industries Co., (IHI) and Mitsui Engineering & Shipbuilding Co Ltd. are set to integrate operations in the general commercial vessel market. The combined annual revenue of the their ship businesses in fiscal 1999 totaled 308.5 billion yen, surpassing the 268


Dow Named VP of Public Affairs for Carnival

Tom Dow, a 28-year travel industry veteran, has been named vice president - public affairs for Miami-based Carnival Corporation & plc. In this newly created position, Dow serves as Carnival Corporation & plc's liaison to federal and state governments and local communities in North America. He also serves as Carnival Corporation & plc's representative for industry organizations such as the International Council of Cruise Lines


IMO Signs Global Maritime Energy Efficiency Partnerships Project

Image: International Maritime Organization (IMO)

 International Maritime Organization (IMO) the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed an agreement to allocate US$2.0 million to a two-year global maritime energy efficiency partnership project


Korean Shipyards in Troubled Water

Photo: Hyundai Heavy Industries

 Struggling with technology and a plunge in oil prices that has discouraged exploration, Korean vessel makers are racking up debt and could show billions of dollars in losses, reports Bloomberg.   The Big Three shipbuilders in South Korea ventured into offshore oil rigs starting around


Damen Delivers First Twin Axe FCS for O&G

Merel-G (Photo: Damen)

Damen Maaskant Shipyards Stellendam have a decade-long relationship with the family-run Groen Offshore, Guard & Support, having built seismic research vessels and completing a majority of its repairs in the past.  On July 17, the two parties were united again in an event marking the


Offshore Wind Shift to Drive Vessel Services Cooperation

Photo courtesy of Seacat Services

Evolving procurement processes for U.K. Round 3 offshore wind farms will require a greater number of work streams, personnel with new and differing skills, and the ability to provide a larger suite of services, according to offshore energy support firm Seacat Services.


Big Data: Big Value or Big Risk?

Danelec Marine proposes to use the ship’s VDR as a data hub for ship telematics.   (Credit: Danelec Marine).

We wish we had a dollar for every time we heard or read the words Big Data at the Nor-Shipping exhibition last month.  We might even have collected enough cash to buy a round of expensive Norwegian beers for the gang at the Fridtjof bar.


Captain Issued RMI’s First Unlimited Yacht License

Captain Jeff Perlstein, Faculty Coordinator, MPT; Amy Morley-Beavers, Academic Principal and Vice President of Regulatory Compliance, MPT; Captain Roberto Beretta; Captain Scott Field, Simulation Training Manager, MPT; and Captain John Hafner, Vice President, Seafarers’ Manning & Training, IRI.  (Photo: MPT)

Captain Roberto Beretta the first in the world to be issued this specific and highly-esteemed Master (Yachts) - Unlimited license by the Republic of the Marshall Islands Maritime Administrator   Private maritime training school Maritime Professional Training (MPT) announced it recently


Philippines Opens up Shipping Sector

Philippine President Benigno Aquino III. Photo from the official Facebook page of the government

 Philippine President Benigno S. C. Aquino III has signed off on legislation to open up the shipping sector and encourage more competition in the cloistered industry, report AFP.   He also signed into law a measure that aims to level the country’s playing field


New Standard for Offshore O&G Project by DNV GL Led JIP is Cost Saving

DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering Company (DSME) and Samsung Heavy Industries (SHI) that will establish a new international

  Variations in owner, operator and regulatory requirements during engineering and construction phases at South Korean shipyards present a huge challenge for operators and drive up costs. DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI)


INTERTANKO Demands End to Nigeria Tanker Blacklist

A ban on 113 oil tankers by Nigerian state oil company NNPC must be lifted immediately as no grounds have been given for the measure, the global oil tanker industry association said in a letter of protest. NNPC issued a letter on July 15, citing a directive from President Muhammadu Buhari


The 'Hour of Power': Hybrid Marine Technology & Green Ports

The 19 m research vessel ‘Spirit of the Sound’ runs virtually silently on hybrid electric power for two-hour study cruises on Long Island Sound.

  In 2015 two significant developments are going to make many operators, owners and builders of professional vessels consider hybrid marine power. Firstly the new emissions laws in ports and secondly there is now an incentive for high technology manufacturers to invest in developing highly


Continental Delivered to Dorian LPG

  Dorian LPG Ltd. an owner and operator of modern Very Large Gas Carriers (VLGC), reported today that it took delivery of the ECO VLGC Continental from Hyundai Samho Heavy Industries. Continental is Dorian LPG's seventh newbuilding delivery and will be operated in the Helios LPG Pool


Sainty Marine Chairman Resigns

Photo by  Sainty Marine

 The chairman of Shenzhen-listed Sainty Marine, Wang Shuhua has delivered his resignation amid  the company's deteriorating financial situation, according to an exchange filing.   Wang, 48, took the helm as the president by the controlling shareholder of Sainty Marine


WISTA-Sri Lanka Celebrates 1st Anniversary

SANJAM PRESENTING THE PRESIDENT OF WISTA SRI LANKA , SHEHARA A TOKEN FROM WISTA.

  WISTA International Board Member and INDIA President Ms.Sanjam Sahi Gupta attended the first Annual General Meeting (AGM) of WISTA Sri Lanka that was held on 22nd of July 2015 .The event was graced by government heads such as the Hon. Minister of Shipping and Aviation Mr


Vale Coal Stacker Collapses at Mozambique Port

A coal stacker has collapsed at the Mozambique port of Nacala, dealing a blow to Brazilian miner Vale, which is aiming to start coal shipments in the third quarter of this year, three sources told Reuters on Monday. The giant piece of machinery


Malaccan Ports to Become Specialised Hubs

Strait of Malacca. Map: Google

 Plans are underway to convert seven Malaccan ports into specialized hubs for various sectors to spur the state's economic development, reports the Star.    The Malacca Port Development Masterplan is expected to increase investments and economic activity by creating jobs in the






 
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