Marine link


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

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

Scorpio Tankers Charter Agreements for Four Vessels

Scorpio Tankers Inc., a provider of marine transportation of petroleum products worldwide, has entered into time charter agreements for four vessels, BW Zambesi, Krisjanis Valdemars, Kraslava and Histria Azure. BW Zambesi, a 2010 built LR1 tanker (76,578 dwt), was chartered-in for one year at $13,850 per day. The vessel was delivered in December 2010. The agreement includes an option for Scorpio Tankers to extend the charter for an additional year at $14,850 per day.

New Leadership Named at Heidmar

Norwalk, CT -- The Board of Directors of Heidmar Holdings LLC, the holding company for Heidmar Inc. (the "Company"), has announced that it has selected its new Executive team to lead the Company. Marc La Monte has been appointed President and Chief Executive Officer of Heidmar Inc., and Per Heilmann has been appointed Executive Vice President and Chief Risk Officer.   These leadership appointments are effective immediately and will position Heidmar to focus on its growth

USNS Maury Completes Acceptance Trials

USNS Maury (T-AGS 66) completed Acceptance Trials, November 6, following a week of extensive ship tests and underway events, included testing of major propulsion, auxiliary, damage control and deck systems.    Designed to perform acoustic, biological, physical, and geophysical surveys

American Club Announces 2.5% Increase

Joe Hughes (Photo: American Club)

At its meeting in New York on November 20, the American Club’s board resolved to levy a general premium increase of 2.5 percent for P&I cover, but no increase in the cost of FD and D for the 2016 policy year. The club’s board also reviewed release call requirements for open policy

Columbia Group Opens NJ Intermodal Depot

The Columbia Group of Companies will open a new intermodal chassis depot located in Bayonne, NJ on November 16, 2015.   Trac Intermodal will be the first customer to join the depot. Columbia Group, through its affiliates Columbia Container Services and Columbia Intermodal

Mammoet to do Heavy Lifting for Sasol Project

Jacques Stoof, Vice President of Sales and Marketing at Mammoet Courtesy LinkedIn

  Mammoet awarded heavy lift and transport engineering contract for ethane cracker and derivatives complex Westlake, Louisiana - Mammoet, the world’s largest service provider specializing in engineered heavy lifting and transport

Nordic Tankers joins forces with Borealis Maritime

NordicMarianne. Photo: Nordic Tankers A/S

 Nordic Tankers and Borealis Maritime Ltd has announced the intention to form a jointly held company, Crystal Nordic A/S – a strong player in the short-sea, ice class chemical tanker trade in the Baltic and North-Western European market.  

Svitzer Asia Formers Towage JV in Qingdao Port

 Qingdao Port International Co., Ltd and Svitzer Asia last signed a joint venture agreement last week in an effort to pool resources for future growth, establishing Qingdao Port Svitzer Towage Ltd to operate and manage towage services in the port.  

Dorian LPG Acquires 'Commander'

Courtesy Dorian LPG

  Dorian LPG Ltd.  a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), reported today that it has taken delivery of the ECO VLGC Commander from Hyundai Heavy Industries. The Commander is Dorian LPG's 15th newbuilding delivery

Swiss Shipping Line and ACC Annouce Blue Alliance Shipping

Logo by Blue Alliance Shipping

 Swiss Shipping Line and Africa Car Carrier announce the starting up of their joint venture company under the name "Blue Alliance Shipping."   Blue Alliance Shipping pools resources and many years of experience of the founding companies which combine their activities in the

Australia’s New Icebreaker Unveiled

A graphic of the new icebreaker (Image: Damen/DMS Maritime/Knud E Hansen A/S)

The Australian Government has provided the first look at Australia’s new icebreaker, a ship it says will offer scientists unprecedented and extended access to the Southern Ocean and Antarctica.   Upon its commissioning, planned for October 2019

Dorian LPG Takes Delivery of Five Newbuilds

Photo: Dorian LPG

 Dorian LPG Ltd took delivery of five vessels under our ECO-design VLGC newbuilding program, the Continental, the Constitution, the Commodore, the Cresques and the Constellation.   John Hadjipateras, Chairman, President and Chief Executive Officer, commented

Klaveness Orders Weather Service for 140 Ships

Photo: MeteoGroup

Weather business MeteoGroup is to provide fleet monitoring, performance reporting and weather routing services to Norwegian shipping company Torvald Klaveness.    The contract will see MeteoGroup provide its ship routing, monitoring and performance analysis service, RouteGuard

Dorian Acquires Cheyenne

Courtesy Dorain

  Dorian LPG Ltd. reported today that on October 22, 2015, it took delivery of the ECO VLGC Cheyenne from Hyundai Samho Heavy Industries. The Cheyenne is Dorian LPG's 13th newbuilding delivery. The Cheyenne will trade in the Helios LPG Pool

Learn a Lasting Lending Lesson

Richard J. Paine, Sr.

Two key lending practices and today’s workboat market conditions collide on the waterfront. Which course you choose depends on where you sit. Unless you are involved with your company’s borrowing and credit issues, you may not be well versed in the two principal types of commercial

Navig8 Expands Chemical Tanker Fleet

Photo courtesy of Navig8 Chemical Tankers Inc.

Navig8 Chemical Tankers has announced that it has entered into contracts to purchase four 49,000 dwt IMO2 eco-design, Interline-coated chemical tankers to be built at STX Offshore & Shipbuilding Co., Ltd. in Korea ("STX").  

Dorian LPG Acquires VLGC

Dorians ship being built, seen here at Dock Stage

  Dorian LPG Ltd.  a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), reported today that it has taken delivery of the ECO VLGC Clermont from Hyundai Samho Heavy Industries. This will be Dorian LPG's twelfth newbuilding delivery

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