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, 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
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
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
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 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
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.
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
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
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
HSH Nordbank is pushing ahead with the upcoming change of ownership; it is putting on a good performance in the Core Bank supported above all by the real estate and corporate clients businesses and is continuing its systematic cost-cutting course.
Navig8 Chemical Tankers Inc. today announced that it has taken delivery of the Navig8 Tanzanite, a 49,000 DWT IMO2 Interline-coated chemical tanker, from STX Offshore & Shipbuilding Co., Ltd. (“STX”), the final 49,000 DWT IMO2 Interline-Coated vessel from the Company’s
MAN Diesel & Turbo has been selected to supply the main engines to a new, icebreaking, supply-and-research vessel for the Australian Antarctic Division (AAD). The 2 × 16V32/44CR main engines – each producing 9,600 kW – were chosen for their highly reliable and
The planned merger between German container shipping line Hapag-Lloyd and United Arab Shipping Company (UASC) could be on the verge of gaining EU Antitrust approval, reported Reuters. The planned tie-up, which would create the world’s fifth-largest carrier is one step closer
German container shipping line Hapag-Lloyd and Kuwait-based United Arab Shipping Company (UASC) have submitted concessions aimed at securing EU antitrust approval for their billion-euro merger. The companies put in their offer on Oct. 28, according to a filing on the European Commission website
Concordia Maritim said is selling the Suezmax tanker Stena Supreme as part of a sale and leaseback transaction, which in this case means that Stena Supreme will be chartered back on a bareboat basis for 12 years, with annual purchase options from year three onwards
Gener8 Maritime, Inc. a leading U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of the "ECO" VLCC the Gener8 Miltiades on October 25, 2016 from Shanghai Waigaoqiao Shipbuilding Co. Ltd. ("SWS").
“Ottantacinque”, the concept of the latest-generation luxury mega yacht developed in partnership between Fincantieri Yachts and Pininfarina, introduced last year at the Monaco Yacht Show, won the prestigious annual award of the German Design Council in the category
Navig8 Chemical Tankers Inc. an international shipping company focused on the transportation of chemicals, today announced that it has taken delivery of the Navig8 Stellar, a 25,000 DWT stainless steel chemical tanker from Kitanihon Shipbuilding Co., Ltd.
AWO qualifies ABS to perform towing safety management audits ABS has been approved by the American Waterways Operators (AWO) to carry out audits of its Responsible Carrier Program (RCP), a safety management system for tugboat, towboat and barge companies
Hurtigruten’s two new hybrid powered expedition ships under construction at Kleven Yards have been named Roald Amundsen and Fridtjof Nansen, after two influential Norwegian polar pioneers from the era when the company itself first started offering adventure travels
The future tactical component of France’s Naval Aerial Drone (Système de Drones Aériens de la Marine - SDAM) program is being designed by DCNS and Airbus Helicopters, who have joined forces to pool naval and aerospace skills and expertise.
The latest country included in the Maersk Line organization is part of the UAE cluster comprising of UAE, Oman, Qatar and Iran. Christian Juul-Nyholm, Managing Director, UAE Cluster, is upbeat about this development. He says
Marine ecosystems provide us with food and raw materials, they have an impact on air quality and global climate, they break down harmful substances and serve as places of recreation and tourism. The functioning of these ecosystems – and thus also the basis for human well-being –
Clyde Training Solutions (CTS) opened central Scotland’s first dedicated marine and offshore international training centre. CTS – a newly established Clyde Group company - is now offering an extensive range of onsite accredited maritime safety courses to an international