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MARITIME ENTERPRISES

World Maritime Day Celebrates International Shipping

Today marks the 28th celebration of World Maritime Day, the annual occasion when the International Maritime Organization (IMO) leads the world in honoring shipping. This year the theme for World Maritime Day is International Shipping - Carrier of World Trade and is intended to highlight the importance and significance of shipping along with IMO's work in promoting safety, security and efficiency in the industry together with protecting the marine environment. The Organization's work is accepted as a key element in supporting shipping's indispensable role in sustaining world trade. Addressing the international maritime community in his World Maritime Day message, IMO Secretary-General Efthimios E. Mitropoulos has highlighted the fact that "shipping affects us all. No matter where you may be in the world, if you look around you it is almost certain that you will see something that either has been, or will be, transported by sea, whether in the form of raw materials, components or the finished article." Mitropoulos said: "The sea knows no international boundaries and, although most maritime enterprise takes place out of sight of land, the ship is as important now as it ever was, perhaps more so. Standards of living in the industrialized and developed world, the jobs and livelihoods of billions in the developing world, all depend on ships and shipping


Enterprise Strike Group Exemplifies CNO's Maritime Strategy

The Chief of Naval Operations (CNO), Adm. Gary Roughead, along with the Commandant of the Marine Corps (CMC), Gen. James Conway and Commandant of the Coast Guard, Adm. Thad Allen released the "Cooperative Strategy for 21st Century Seapower" on Oct 17. As the maritime strategy was released, Enterprise Strike Group (ENTSG) was executing it while forward deployed in the 5th Fleet area of operations. The new strategy stresses the importance of the Navy's core capabilities of forward presence


Port Fined for Security Breaches

The Coast Guard recently slapped the Port of Beaumont with $16,000 in fines for three incidents of security breaches. All three incidents, considered violations of the Maritime Transportation Security Act of 2002, occurred during the last year, Beaumont Enterprise reported. Citing port security, details of how the three violations occurred were at a minimum. The Maritime Transportation Security Act outlines security procedures ports must follow


Dutch Maritime Lab Offers Free Tank-Test Slots

Image courtesy of MARIN

MARIN has launched an intitiative offering 6 free basin slots of two weeks (80 basin hours including advice by a qualified test engineer) to qualified 'small & medium enterprise' (MKB) clients. This initiative is launched to stimulate innovation in the Dutch maritime sector and to lower the threshold for MKB (Small & Medium Enterprise) clients to test their new ideas/concepts. These tests allow feasibility checks and improvements in an early phase of a new concept developments


Ireland Ratifies the MLC

Ireland’s Minister for Transport, Tourism and Sport, Paschal Donohoe TD and the Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, today announced the ratification by Ireland of the Maritime Labor Convention (MLC), which sets standards for working and living conditions for seafarers. From July 21, 2015, Ireland will be a party to the Convention and will implement the requirements contained therein


Krishnapatnam Port Wins Seatrade CSR Award

CSR Award Moment - Krishnapatnam Port

Widely recognized for excellence in Corporate Social Responsibility, Krishnapatnam Port Company Limited was declared winner of 2014 Seatrade Maritime Awards in the category Corporate Social Responsibility. The award presentation took place during the  Dubai Maritime Week wherein the annual Seatrade Maritime Awards was hosted on Monday 27 October 2014. In all 14 entrants vied for this prestigious award. Krishnapatnam Port which is just in its seventh year of operations has created a


Attica Acquires Stake In Strintzis

Passenger shipping firm Attica Enterprises signed an agreement with shareholders of Strintzis for the acquisition of an approximate 38 percent stake in Strintzis. Under the agreement, Strintzis' shareholders will receive Attica Enterprises shares participating in a forthcoming capital increase of Attica Enterprises. Attica Enterprises will participate with five members in the nine-member board of Strintzis, while Strintzis' managing director and chairman will join Attica Enterprises' board


Security Council Formed With Assistance From Savi Technology

Every day, about 17,000 cargo containers enter U.S. ports, yet only one or two percent of them is routinely inspected. Since Sept. 11, government officials and global supply chain experts have been focusing on vulnerabilities and potential solutions to help ensure that weapons of mass destruction are not concealed in international cargo shipments. The formation of a new group of prominent supply chain thought leaders experienced in both the private and public sectors is being announced at


USS Alexandria Receives MUC Award

By Lt. James Stockman, Commander, Navy Region Northeast Public Affairs The crew of USS Alexandria (SSN 757) received the meritorious unit commendation award, Nov. 26, for their 2006 deployment with the Enterprise Strike Group to the 5th, 6th and 7th Fleet areas of operation. Alexandria, a Los Angeles-class nuclear powered submarine, was recognized for its achievements during its deployment from May to November 2006 in support of Operations Iraqi Freedom


China, UK Groups, Sign Up to Shipping Services Cooperation

Lord Mayor Fiona Woolf: Photo courtesy of her website

The Chinese and British shipping industries are set to take their mutual cooperation to a higher level following the recent signing of a memorandum of understanding (MOU) reports Xinhua. The MOU was signed by the Lord Mayor of London, Fiona Woolf; the Vice President of the Investment Committee at China Merchants Group, Yu Liming; the chairman of Maritime London Jeffrey Evans, and the chief executive of Maritime London Doug Barrow.


Shipbreaking Practices in 2015 Reveal Appalling Record -Report

Graphics: NGO Shipbreaking Platform

Ignoring industry leaders and human rights and environmental organizations, ship owners continue to profit from dangerous and dirty shipbreaking practices on South Asian beaches in 2015, according to new data released today by the NGO Shipbreaking Platform.


SevenCs Supports MariGreen Project

SevenCs is part of the EU INTERREG V A cross-border project “MariGreen” to support the maritime industry in the transition towards more efficient, greener and more sustainable shipping.   The MariGreen project develops innovations for greener and low-emission shipping and


Ellicott Takes On Rohr-Idreco Line in Latin America

Rohr-Idreco RISD 600 (24) 100 digging depth dredge for removal of sedimentation behind the Inga dam in the Democratic Republic of Congo (Photo: Ellicott Dredges)

Ellicott Dredges LLC & Rohr-Idreco Dredge Systems, which are owned by Ellicott Dredge Enterprises, LLC, has  announced that Ellicott's Latin American Sales Manager, Andres Borasino, will be adding the Rohr-Idreco deep digging dredge product lines to his area of responsibilities.


Gamesa, Siemens Negotiating Wind Merger Terms

File image: Credit (Siemens)

German engineering group Siemens and Spanish renewable energy group Gamesa are in final negotiations on a deal to merge their wind power assets, two sources familiar with the situation told Reuters on Wednesday. "They are all sitting together in Madrid at the moment


DHL Names Hamburg Süd ‘Carrier of the Year’

Peter Frederiksen, Member of the Executive Board of Hamburg Süd (front row r.), was presented with the ‘Carrier of the Year 2015’ award by Dominique von Orelli, Head of FCL Product & Capacity Management, DHL Global Forwarding (front row l.). (Photo: Hamburg Süd)

Logistics enterprise DHL Global Forwarding presented container shipping company Hamburg Süd with the ‘Carrier of the Year 2015’ award, underscoring the working relationship between the two companies   The award was received by Peter Frederiksen


Kongsberg Maritime Acquires SMSC

Photo: Kongsberg Maritime

Kongsberg Maritime has signed a contract to buy the Trondheim-based ship simulation and consultancy company, Ship Modelling & Simulation Centre AS (SMSC). The acquisition is expected to be completed January 2016.   “More sophisticated vessel operations have contributed to an


Oil Firms Rush to Exploit End of US Crude Export Ban

U.S. energy group Enterprise and oil trader Vitol raced to exploit the end of a 40-year ban on most U.S. crude exports, the first of many firms eager to "stress test" last week's historic opening.   Despite a sudden change in global oil market conditions that many oil traders say


Nuclear LDO Designator Established - USN

Alabama is one of eight ballistic-missile submarines stationed at the base, providing the survivable leg of the strategic deterrence triad for the United States. (U.S. Navy photo)

  The Navy is aligning limited duty officers (LDO) who support the nuclear enterprise under the 640X designator into the 62XX nuclear power series, according to NAVADMIN 006/16 released Jan. 6. This change aligns all submarine and nuclear enterprise LDOs' job functions


Harley Marine Acquires 10 Vessels from Enterprise Marine

Harley Marine Services (HMS), a full service marine transportation provider, has acquired certain offshore marine assets of Enterprise Marine Services LLC (EMS), a subsidiary of Enterprise Products Partners, L.P.   The acquisition includes 10 vessels to be used in current operations: six


China Merchants to Take 21.05% Stake in Dalian Port

Image: Dalian Port

 China Merchants Holdings (International) Company Limited, has announced that it has signed a share subscription agreement with Dalian Port (PDA) Co., under which Dalian Port will issue 1.1bn new shares to China Merchants for HK$4.3bn ($554m).   


Inmarsat Expands Presence in Singapore

Photo: Inmarsat

Inmarsat, has opened its new Singapore office, which is the company’s largest facility in Asia Pacific region.   Inmarsat’s investment in the 1,700 suareq meter office in Toa Payoh, Central Region Singapore, sees the company’s regional hub providing a new solutions lab


Navios Maritime Posts 4Q Profit

Photo: Navios Maritime Midstream Partners LP

 Navios Maritime Midstream Partners LP (NAP) on Wednesday reported fourth-quarter profit of $9.1 million. On a per-share basis, the company said it had profit of 44 cents.   The operator of contracted crude oil tankers posted revenue of $25.8 million in the period


BIG DATA: First Intelsat EpicNG Satellite Launched

(Photo: Ariane Space)

The launch yesterday of  the Intelsat 29e, the first of the Intelsat EpicNG high throughput satellites, promises to usher in a new era of "Big Data" in the maritime sector, among others. The satellite was launched from French Guiana aboard an Ariane 5 vehicle


Veson Nautical Adds 42 Clients

Veson Nautical, a  provider of commercial maritime software and services, has announced that despite challenging times in the shipping industry, the company has added 42 new clients from around the globe over the past 18 months.  


Performance Monitoring, Verification Drives Orders, Investments for Norsepower

NAPA data analysis and fuel-saving verification leads to €3 million investment and first commercial order for a Flettner rotor Credit Norsepower

Finnish engineering company, Norsepower today announced that it has received €3 million in investment from a syndicate led by venture capital fund Power Fund III and has installed a second rotor sail on Bore’s Ro-Ro vessel MS Estraden






 
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