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
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 Tankers Limited (NAT) has today taken delivery of Nordic Castor, the second of four secondhand Japanese-built Suezmax tankers acquired in May 2016. The first of the four vessels, Nordic Luna, was delivered June 1, and the third vessel is expected to be delivered near the end of June 2016 or early July, followed by the fourth vessel soon thereafter. The four Cayman-flagged tankers – Nordic Luna, Nordic Castor
wo new tankers, Nordic Star and Nordic Space, were named August 24 for owner Nordic American Tankers Limited (NAT). NAT founder and chairman Herbjørn Hansson was present at the naming ceremony, along with the chargé d'affaires a.i. of the Norwegian Embassy Marianne Damhaug, and the ships' two sponsors, Nordic American Offshore Ltd. executive vice chair Marianne Lie and Siv Helset, a Norwegian lawyer with experience with legal counseling in the industry.
A.P. Moller-Maersk , Danske Bank and Nordea Bank will sell their shareholdings in shipping lender Danish Ship Finance worth 4.25 billion Danish crowns ($638.05 million) to a consortium of Danish investment funds, the company said Wednesday.
Nordic American Offshore Ltd. (NAO) announced that Alexander Hansson, the son of the company’s chairman, Herbjorn Hansson, today bought 100,000 shares in NAO. The share price was $3.65 share.
Maritime UK participated in a Department for International Trade scoping mission aimed at boosting maritime exports to the Nordic-Baltic region. The discussions which took place at the Foreign Office, provided an opportunity to highlight the work of Maritime UK in response to the
Vessel sales for September 2016 (as of October 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD Bulk Carriers 9/25 - LONDON SPIRIT - 20,412 - 99 - (17) - $1.6
Nordic American Tankers Limited (NAT) has taken delivery of Suezmax tanker Nordic Luna, the first of four secondhand sister vessels purchased as part of the company’s plans for fleet expansion. The second vessel is expected to join the NAT fleet in mid-June
Members of Lerwick’s Up Helly Aa Jarl Squad warmly welcomed Viking Sea passengers ashore during her maiden call to Lerwick. The brand new 47,842 tonne Viking Sea arrived for the first time at Lerwick on Wednesday 15 June
ABB informs it will supply the complete power and propulsion systems for two HH Ferries Group vessels to become the world´s largest emission-free electric ferries. The modernizations utilize turnkey ABB solutions including batteries, an energy storage control system and Onboard DC Grid
Nordic American Tankers Limited ("NAT" or "the Company") announced that it today took delivery of a Suezmax vessel, the Nordic Sirius, built at a shipyard in Japan. NAT agreed to purchase four vessels as announced in our press release May 2, 2016
The ISO 19030 is finally nearing publication, in a move that has the potential to save the shipping industry as much as USD 30 billion in annual fuel costs. It’s taken 12,000 hours of development work, involving 53 expert stakeholders, across more than three years
Nordic American Tankers Limited (NAT) has taken delivery of a Suezmax vessel, the Nordic Pollux, built at a Japanese shipyard. Nordic Pollux is the final of four sister vessels purchased at the aggregate price of $106 million, and delivered to NAT over the course of 41 days.
Carl Fredrik Grosland has joined Nordic American Tankers as Vice President, working on analyses, projects and business development. Reporting to Chairman & CEO Herbjørn Hansson in a staff position, he will also work closely with others both in NAT and NAO (Nordic American
New joint co-operation between Gasum and Wärtsilä aims to develop the utilization and distribution of natural energy gases in marine and land markets. Gasum, the Nordic leader in natural gases and Wärtsilä, a global leader in advanced technologies and complete lifecycle
Nordic American Tankers Limited (NAT) has taken delivery of a Suezmax new build tanker Nordic Star, built at Sungdong Shipbuilding & Marine Engineering Co., Ltd., South Korea. The 158,000 dwt vessel will be immediately employed in the tanker market, NAT said.
The International Union of Marine Insurance – unveiling its annual statistical report on the marine insurance market at today’s conference in Genova, announced global underwriting premiums for 2015 of USD 29.9bn. This is a 10.5% reduction on the 2014 figure.
Nordic American Offshore Ltd. (NAO) said it will move its corporate domicile from the Republic of the Marshall Islands to Bermuda. According to NAO, the change of corporate domicile will not affect the company’s day-to-day business