Danish shipping company joins vanguard of ship operators using the 50001 energy management standard. On Friday in Copenhagen, Lloyd’s Register presented Clipper Fleet Management with ISO 50001 certification issued by LRQA, Lloyd’s Register’s provider of independent business assurance. “To us, the ISO 50001 certification is a valuable recognition and documentation that we’re doing the right things within fuel efficiency and energy management,” says Kristian Morch, Group CEO, Clipper Group. “Going through the certification process has made us further streamline our fuel efficiency management processes, and we see the certification as a natural step in our continuous focus on reducing our fuel consumption and environmental impact.” The ISO 50001 standard specifies requirements for establishing, implementing, maintaining and improving an energy management system. It can be seen as a superstructure to the mandatory Ship Energy Efficiency Management Plans (SEEMP), a requirement by IMO (International Maritime Organization) and establishing a mechanism to improve the energy efficiency of a vessel. “It is clear that some leading companies can see the value of adopting this ISO standard. 50001 helps with regulatory compliance and in demonstrating environmental actions. It also helps deliver bottom line savings
Algae-X International has announced its agreement with Nordic Tugs, to integrate the Algae-X Fuel Decontamination Technology into the fuel systems of the company's diesel-powered vessels. Mr. Shelton is incorporating Algae-X technology with traditional filtration to fulfill his goal of providing owners of Nordic Tugs with maximum reliability systems. Algae-X provides Optimal Fuel Quality and Peak Engine Performance and prevents fuel filter clogging and engine failure.
Nordic Tankers, a Danish shipping company, has its starting point back in 1984. The company cooperates with many other companies within the international shipping industry. Nordic Tankers is Listed on the Copenhagen Stock Exchange joins the Industrials Sector on the Nordic Exchange. Nordic Tankers has experienced a significant growth in terms of earnings and capital. The earnings raised in connection to the listing on the Nordic Exchange will be used to develop the company further
Nordic Tankers Marine (Denmark) has chosen Transas Marine solutions for the ECDIS Training of its officers. Transas Marine has supplied 35 sets of Transas ECDIS Computer Based Training to Nordic Tankers Marine. Mr. Hanus Mikkelsen, Director Marine HR, Nordic Tankers Marine says: 'Training is a key element in transition to ECDIS. All our officers attend 5-days ECDIS generic training course ashore and now ECDIC CBT from Transas will be a perfect supplement to enhance the users' knowledge
Nordic marine energy technology company Minesto has developed a simulator to aid the development of its Deep Green marine power plant. According to Minestro, Deep Green is the only marine power plant that is able to cost efficiently produce electricity from low velocity tidal and ocean currents. The simulator has been developed in-house by Minesto’s own research and development department, and is in essence based on two existing open source programs: one for commercial flight
Nordic Shipholding has entered a conditional restructuring agreement with Nordic Maritime, who will take over Nordic Ship Holdings debt of about US$ 58,000,000. The company inform that after the restructuring it will be a tonnage provider in the product tanker segment and the objective is to grow the fleet. The five 37,000 dwt handy-size vessels will remain in commercial management with Maersk, where they participate in the Handytankers Pool
Nordic American Tanker Shipping Ltd. announced that the Company has agreed to acquire its tenth Suezmax vessel, a 150,000 dwt double-hull tanker built in a first class Far Eastern shipyard in 2003, for a purchase price of $80.9 million. The vessel is expected to be delivered from the seller no later than November 2006. The new vessel will be operated in the spot market or on spot market-related charters, like eight of our current nine vessels.
GAC Bunker Fuels Limited has announced the opening of its newest office - in Bergen, Norway - in a move to further strengthen its marine fuel and lubricant trading operation across the Nordic region. The Bergen office will be responsible for the trading of all grades of marine fuel and gas oil, as well as the full range of lubricant products, for domestic and international customers operating across Nordic waters and beyond
In light of the development of Nordic Shipholding A/S's cash position, as announced by the company in company announcement no. 11/13 published on December 13, 2013, Nordic Maritime has informed the company that it will exercise the option granted to Nordic Maritime in the conditional restructuring agreement entered into between the company and Nordic Maritime on 22 November 2013, to subscribe further shares against a cash payment to the Company of $2 million at completion of the restructuring
Nordic American Offshore Ltd., which is sponsored by Nordic American Tankers Limited (NAT) and is managed by a subsidiary of NAT, currently has six platform supply vessels operating in the demanding North Sea market. PSVs are highly sophisticated vessels, representing the latest in design and technology, and they play an integral role in the logistical chain in offshore exploration and production of oil and gas. The two newbuildings will be delivered in January 2015 and cost about $44 million
The new shipyard facility of Honghua Offshore Oil & Gas Equipment Company in Jiangsu, China, has launched its first ship, an IMT982 Platform Supply Vessel. The vessel, Nordic Trym, is expected to be delivered to its owners, Nordic Offshore Supply Limited, in April 2015.
On December 9, 2014, Nordic American Tankers Ltd. announced that preliminary contracts had been entered into with a South Korean shipyard, for the construction of two suezmax tankers to be delivered in the third quarter 2016 and first quarter 2017. The final documents were signed December 19, 2014
The board of directors at Nordic American Offshore Ltd. have declared a dividend of $0.45 per common share for the fourth quarter of 2014. This is the same as for the first three quarters of 2014 for this newly established company which was stock listed on NYSE June 12, 2014
For the first time, combustible, fibre-reinforced, lightweight composite has been approved for use in a SOLAS ship. Panama's flag authority has accepted a design where hatches in fibre-reinforced plastic composite replace steel hatches. Research and fire risk analyses at SP have helped in making
With investment support from the Finnish Government of 185 million NOK Skangass has decided to build a new import terminal for LNG. The terminal will be completed in 2016. Skangass plans to create an efficient LNG logistics chain in the Pori area.
Nordic American Offshore Ltd. today announced that its board of directors has declared a dividend of $0.45 per common share for the third quarter 2014. This is the same as for the second quarter 2014. The payment of dividend is expected to take place on or about November 21
Nordic Maritime, a leading offshore service operator, today announced a five year time charter for its DP2 IMR Subsea vessel, Mokul Nordic, which has been awarded by Noble Energy, the international energy provider. “At Nordic Maritime
JK Fabrication (Nordic Machine) wins emergency tow reel order from Olympic Tug and Barge Olympic Tug and Barge, a Harley Marine Services Company, has selected four JK Fabrication emergency tow storage reels for new barges being built at Zidell Shipyard in Portland (the first two) and Vigor
Royal Caribbean Cruises Ltd (NYSE, OSLO: RCL) named two senior company executives to lead the company’s two largest brands. Michael Bayley, who worked his way up from an assistant purser’s position aboard the Nordic Prince, will serve as President and CEO of Royal Caribbean
Two new Suezmax newbuilding tankers increase NAT's fleet size to 24 vessels. Nordic American Tankers Limited (NAT) has announced that it has entered into a preliminary agreement with Sungdong Shipbuilding & Marine Engineering Co., Ltd
In the NAT press release of December 1, 2014, we informed the investor market that NAT had acquired further shares in Nordic American Offshore Ltd. (NAO), increasing the ownership from 17.1% to 18.0%. Following the weaker stock market environment in the oil sector
The Bunker Holding Group has established a new subsidiary operating under the name Unioil Supply A/S. The physical setup, based in Aalborg, consists of professionals from the former OW Supply & Trading. The Danish-based Bunker Holding is the parent company of a group of companies
Nordic Maritime, a leading offshore service operator, today announced its MKIII subsea service vessel Mokul Nordic has been renamed Nordic Prince and has started a long term charter for Noble Energy after arriving in Haifa, Israel.
Nordic Maritime’s MKIII subsea service vessel, Mokul Nordic, has been renamed Nordic Prince and has started a long term charter for Noble Energy after arriving in Haifa, Israel. Nordic Maritime was awarded a five-year charter for the DP2 IMR Subsea vessel from Noble Energy in October
Nordic Yards officially handed over the offshore service vessel to the Danish company DBB Jack-Up Services A/S. During the handover ceremony, the ship was named ‘WIND SERVER’. “We are proud that with this innovative offshore vessel for DBB Jack-Up we have today