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POOL

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


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


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


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


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


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.


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


Star Reefers, NYK Enter Agreement

Norwegian shipping firm Star Reefers has agreed with Japan's NYK to create a new joint pool and marketing company owned 50 percent each. The new company will be called NYK Star Reefers Ltd. and will control a combined fleet of 74 refrigerated vessels currently owned by the two firms, Star Reefers, formerly called Swan Reefer Inc., said in a statement. "This merger is a further step towards greater consolidation and regrouping of the owners in the industry -- which has experienced a number of


Need for New Maritime Organization in Asia

Image: Center for International Maritime Security

 There are calls for a new institution to manage Asia’s maritime disputes - a proposal for Maritime Organization for Security and Cooperation (AMOSC) is in the offing.    Last year (2014) brought new tensions to the South China Sea


Concordia Maritime Boosts Suezmax Market Presence

Stena Supreme, a Suexmax vessel owned by Concordia Maritime and employed on the spot market via Stena Sonangol Suezmax Pool controlled by Stena Bulk and the Angolan state oil company Sonangol (Photo courtesy of Concordia Maritime)

International tanker shipping company Concordia Maritime has signed an agreement to charter 50 percent of a vessel in the Suezmax crude oil segment for a period of one year from August 2015, with an option for an additional year.  


Hafnia Tankers Eyes USD 34 Mln to Finance Fleet Additions

Courtesy Hafnia Tankers

Hafnia Tankers Ltd have entered into an agreement to acquire 4 LR1 product tankers. This acquisition confirms the commitment of Hafnia Tankers and its stakeholders to further expand the business within the product tanker segment. The vessels are:


Euronav Pays Bond to Buy 15 Maersk Tankers

Photo: Euronav NV

Euronav NV will repay the US$235 million bond issued to finance the acquisition of 15 VLCC oil tankers from Maersk Tankers Singapore, following a closure of its Initial Public Offering (IPO) of ordinary shares on the New York Stock Exchange.


THOME Group's Junior Officer Recruitment Now Self-Sufficient

   Cadets from THOME Groups training program (Photo courtesy of THOME Group)

THOME Group's Junior Officer Recruitment Now Self-Sufficient International ship management company THOME Group has become self-sufficient in recruiting junior officers, the company announced today, saying it managed to fill all of its 2014 junior officer vacancies from within its own pool of


Oceanco Delivers First Superyacht of 2015

The INFINITY (Photo courtesy of Oceanco)

Oceanco delivered the first superyacht of 2015 today, the 291-foot (89 meter) INFINITY. Built under the code name Y710, the yacht features an exterior design by Espen Øino and an interior design by Sinot Exclusive Yacht Design and David Kleinberg Design Associates.


Thome: Self-Sufficient in Junior Officer Recruitment

Photo courtesy of Thome Group

THOME Group announced that it has become self-sufficient in recruiting junior officers thanks to its in-house cadet training program. Launched in 2005 under THOME’s “Human Element” initiative, the Thome Global Cadet Program has already trained in excess of 1


Island Performer Ready for the US

Island Performer

  The subsea vessel Island Performer has been upgraded for her next assignment in the US. Ulstein Verft has installed cargo tanks and corresponding piping, a switchboard room for deck equipment and the sea fastening frame for stacks, as well as platforms for the tower winches


'World's First Hybrid Superyacht'

Savannah. Image by Feadship

Developed by Dutch shipbuilders Feadship, the 83.5m Savannah is touted as the world's first hybrid super yacht. Vessel is 30% more fuel efficient than similar sized counterparts, claims the company.   The eco-friendly super yacht uses a blend of a single diesel engine, three gensets


Ghana Wants to Expand Maritime Industry

Image:  Ghana Ports and Harbours Authority

Port authorities in the West African states must act together to explore the full potential of the region's maritime industry to enable them compete in the global economy, Richard Anamoo, Director-General of the Ghana Ports and Harbours Authority (GPHA), has said.


Pacific Basin Issues Profit Warning

Image courtesy: Pacific Basin Shipping

 Dry bulk shipowner Pacific Basin Shipping announced a total of US$132 million (HK$1 billion) impairment charges on chartered-in vessel contracts and bunker fuel swaps.   The Hong Kong-listed company informed the stock exchange that  it took US$101 million provisions mainly


BSEE Allocates $6m for Oil Spill Research Projects

Photo courtesy of BSEE

The Bureau of Safety and Environmental Enforcement (BSEE) will invest up to $6 million to support oil spill response research projects in 2015 and is soliciting proposals for these projects.   In a Broad Agency Announcement (BAA) released on the federal government’s business


Clipper Establishes New Supramax Pool

Clipper Phoenix (Photo: Clipper)

Clipper has established the Clipper Sapphire Pool, a new commercial pool for modern Supramax grab fitted bulk carriers between 52,000 and 58,000 deadweight. The new pool will commence operation immediately, with 16 vessels initially committed to join in early 2015


Singapore: Maritime Firms Opting for Foreigners

Office of the Ministry of Manpower, Singapore (Source: Wiki Commons)

Singapore’s perceived shortage of qualified, competitive maritime staff has come more evident, as  foreign applicants often pip Singaporeans.   A report from The Straits Times says that employers in the maritime sector say that foreign applicants often pip Singaporeans to the job


Hapag-Lloyd Completes CSAV Merger Capital Increase

Antwerpen Express (Photo: Hapag-Lloyd)

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping company Compañía Sud Americana de Vapores (CSAV). As planned, CSAV subscribed to EUR 259 million (approximately $316






 
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