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Evalend to Join Lasco Logger Pool

Two of Evalend Shipping Co. S.A. newly purchased logger ships, the Ambassador and the Senator, have been placed in the Lasco Logger Pool. Evalend, a private management company in Athens, Greece, operates ten ships in its fleet, committed two Hakodate built loggers to the Pool, which is commercially managed by Lasco. Evalend will perform its own technical management of its vessels. In commenting on the announcement, Anton U. Pardini, President/COO of Lasco, said that EVALEND’S participation in the Pool “…reflects Lasco’s ongoing efforts to establish strategic partnerships with other maritime ventures who share a common vision and philosophy, committed to providing reliable service and quality vessels, in order to better utilize tonnage.” He added that this reflects Lasco’s continued efforts to attract quality vessel owner/operators to create the added value the Pool’s charter flexibility and one stop chartering services benefits for its customers. Pardini went on to call attention to Lasco’s constant efforts to improve its capabilities to make forward fixtures and reduce ballast legs, aggressively positioning cargo opportunities. “Taking best advantage of backhaul cargoes, triangulating ports of call within the Pacific markets and reducing unnecessary ballast days are key components”, Pardini stated, “of the Pool’s benefit to both shippers and Pool members.”


MOL Forms New Medium Range Tanker Pool

MOL, Ultranav, OSG and Asahi Tanker reach agreement to pool product tanker operation Mitsui O.S.K. Lines, Ltd. (MOL) announced that a pool agreement governing the formation of a new medium range pool has been signed among the partners: MOL, Asahi Tanker Co., Ltd., Ultranav International S. A.(Ultranav) ., and OSG International, Inc. The new pool, Clean Products Tankers Alliance, will operate a combined fleet of around 60 medium range vessels


Clipper Projects Heads Up New MPP Ship Pool

Denmark-based Clipper Projects sets up multi-purpose (MPP) pool, which will form an integrated part of the current Clipper Projects MPP fleet. The founding members of the pool are:     •    Enzian Ship Management of Zurich, Switzerland     •    Freese Shipping of Stade, Germany     •    Clipper Projects of Copenhagen, Denmark


Star Tankers Pool Expands

Heidmar Inc. announced on Feb. 12 that longstanding pool member, Tsakos Shipping and Trading S. A., entered the M/T Selini into the Star Tankers pool on January 12, 2009. A second new building, the M/T Salamina, is scheduled to enter the Star Tankers pool in mid-February. Both vessels were built at Sungdong Shipyard in Korea.  Heidmar also announced that Sanko Steamship Co. has committed two additional vessels to the Star Tankers pool


EPA Award for Pentair

2015 ENERGY STAR Award Winners

  The U.S. Environmental Protection Agency (EPA) has recognized Pentair's Aquatic Systems with a 2015 ENERGY STAR Partner of the Year award for its outstanding contribution to reducing greenhouse gas emissions by manufacturing energy-efficient products and educating consumers about energy efficiency. Pentair's accomplishments will be recognized in Washington, D.C. on April 20, 2015. Pentair, an ENERGY STAR partner since 2013 is being honored for its leadership in manufacturing


Heidmar Enters Dry Bulk with TBS Ocean

Image by TBS Group of Companies

 Heidmar and TBS Ocean are joining forces to form a dry bulk pool alliance. New alliance with TBS Ocean plan to combine two players’ operating strengths in geared bulker JV.   TBS will continue as manager of a series of dry bulk pools, while Heidmar will provide its pool expertise, best practices, and proprietary commercial ship management software.   Ben Ognibene, ceo of Heidmar commented, “For some time Heidmar has explored expansion into the dry bulk market


Nordic Shipholding Profits below Market Expectations

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For the 3 months ended 31 March 2016, Nordic Shipholding A/S generated a profit after tax of USD 1.5 million, compared to USD 2.7 million in the same quarter last year.  The average daily TCE rate earned by the vessels in the Handytankers Pool was below the forecasted daily rate, and also lower than the rates earned during the same period in 2015, whilst the LR1 vessel (Nordic Anne) tracked the forecasted daily rate.


Heidmar Names van der Zijde CEO

The Board of Directors of Heidmar has announced the appointment of Hans van der Zijde as Heidmar's new Chief Executive Officer. Mr. van der Zijde graduated from the Nautical Academy of Rotterdam in 1985 and subsequently studied Maritime and Logistic Management there, graduating in 1992. Mr. van der Zijde has worked for and held management positions in leading shipping companies in Europe, South Africa and Asia.  He has overall experience across most of the shipping segments


CSL and Upper Lakes Group Sign Letter of Intent

Sam Hayes, President of The CSL Group Inc. (CSL) and Jack Leitch, Chairman of Upper Lakes Group Inc. (ULS) have announced the signing of a Letter of Intent concerning the purchase by CSL of ULS' 50 percent share of Marbulk Canada Inc. (MCI). MCI is owned jointly by ULS and Algoma Central Corporation (Algoma). Marbulk Shipping Inc. of Salem, Mass., a subsidiary of MCI, operates a fleet of eight self-unloading bulk carriers in international trades on the east coast of North America and in South


Norden A/S Selects Veson Nautical's IMOS

Veson Nautical, a provider of maritime commercial management and trading software solutions, today announced that Dampskibsselskabet NORDEN A/S (NASDAQ OMX Copenhagen A/S: DNORD), one of the oldest and most respected listed shipping companies in the world, has purchased Veson Nautical’s Integrated Maritime Operations System (IMOS). Veson Nautical’s IMOS software will now manage chartering, operations, and voyage accounting related functions for NORDEN’s modern fleet of 210


Eastern Launches MPSV for Harvey Gulf

Harvey Blue-Sea (Photo: Eastern Shipbuilding Group, Inc.)

Eastern Shipbuilding Group, Inc. has launched M/V Harvey Blue-Sea (Hull 250) on April 29, 2016 for Harvey Gulf International Marine, Inc. of New Orleans, La. The Harvey Blue-Sea is the second of two 340’ Class Multi-Purpose Service Vessels (MPSV), designed by VARD Marine.  


Ardmore Shipping Opens Houston Office

Holly Cummins (Photo: Ardmore Shipping)

Ardmore Shipping has expanded its global network with the opening of an office in Houston, to be led by Holly Cummings, who joins Ardmore Shipping as Chartering Manager (Americas).   The new Houston office will be responsible for expanding Ardmore’s commercial activities in the


World's Newest, Largest Cruise Ship Leaves French Port

Photo: Royal Caribbean Cruises Ltd

 Tens of thousands of French well-wishers waved goodbye to the largest luxurious cruise ship named “Harmony of the Seas”as it set sail on its maiden voyage to the U.K. after 32 months in a French shipyard in Saint-Nazaire.  


Hili, Peterson Create Mediterranean JV

Photo: Peterson (Malta) Ltd

 Hili Company, the logistics division of Hili Ventures, has entered into a joint venture agreement with leading international energy logistics company Peterson to provide oil and gas logistics services across the Mediterranean and North Africa.  


London P&I Club Reports Increased Free Reserves

The London P&I Club’s result for the 2015/2016 financial year produced an overall operating surplus of $3.3 million, lifting the free reserve to $160.7 million.  This result was underpinned by a technical underwriting surplus of $15.3 million, with the combined ratio standing at 82


UK P&I Club's Good Results in Difficult Times

Alan Olivier, Chairman of the UK P&I Club

Disciplined underwriting delivers another successful year   London, 11 May 2016 – The UK P&I Club (“The UK Club”), one of the leading shipping protection and indemnity mutual insurers, announces its financial results for the year ended 20 February 2016.  


Fincantieri Delivers Carnival Vista

Carnival Vista is the largest ship ever built for the Carnival Cruise Line’s fleet Photo Fincantieri

Carnival Vista, the new flagship of the fleet of Carnival Cruise Line, brand of the Carnival Group, was delivered today at Fincantieri’s shipyard in Monfalcone. The ship was presented yesterday evening during a ceremony which was attended, among others


VLCC Gener8 Nautilus Delivered

Gener8 Maritime, Inc., a U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of the ECO VLCC the Gener8 Nautilus on April 20, 2016 from Hyundai Samho Heavy Industries Co., Ltd. The Gener8 Nautilus represents the ninth of 21 ECO VLCCs


Damen Completes Maintenance of Flintstone

Flintstone Photo Damen Shiprepair Amsterdam

The fallpipe vessel Flintstone has departed from Damen Shiprepair Amsterdam, part of Damen Shiprepair & Conversion, following a six-week programme of maintenance and repairs together with her first Special Survey. Owned and operated by the Tideway group of companies


Cruise Ship Industry Sues Alaska Capital over Artificial Island

City leaders in Juneau, Alaska, have misspent millions in fees from cruise ship passengers to build an artificial island with a life-sized statue of a humpback whale, a passenger vessel association said in a lawsuit.   The Cruise Lines International Association on Tuesday sued Alaska's


Two Additions to Maersk Tankers Fleet

Maersk Teesport Photo Maersk

At a naming ceremony in South Korea Friday the 8th of April 2016, Maersk Tankers christened two more newbuilds at Sungdong Shipyard in Tongyong, South Korea; Maersk Teesport and Maersk Tianjing. Both vessels are 50,000 DWT Medium Range (MR) and join their sister ship Maersk Tangier


Keel Laid for Carnival’s New Cruise Ship

Photo: Fincantieri

A keel laying ceremony for Carnival Cruise Line’s new vessel took place today at Fincantieri’s Marghera shipyard. The new cruise ship will go to sea in 2018. She will be about 133,500 gross tons, carry almost 6,500 people (guests and crew)


SeaZip Continues Fleet Expansion

SeaZip 6  (Photo: Damen Shipyards)

In a celebratory atmosphere, marking the sustained growth of its fleet, SeaZip Offshore Services has taken delivery of two Damen Fast Crew Suppliers (FCS) 2610. Continuing the company’s vessel-naming trend, the new additions will be known as SeaZip 5 and SeaZip 6


Fincantieri Delivers Koningsdam to Holland America Line

Koningsdam (Photo: Fincantieri

 Holland America Line’s newest ship Koningsdam was delivered today at Fincantieri’s shipyard in Marghera. The new ship will officially be presented on Saturday April 2 in a Handover Ceremony.   At 99,800 gross tons, almost 300 meters long, with accommodation for up to 2


Fincantieri Delivers Viking Sea in Ancona

Viking Sea (Photo: Fincantieri)

Viking Sea, the second of six cruise ships Viking Ocean Cruises has ordered from shipbuilder Fincantieri, has been delivered today at the shipyard in Ancona.   Viking Sea, as its sister ships, is placed in the small cruise ship segment






 
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