Malaysian Maritime Academy (Alam) is aiming to be a regional training hub specializing in liquefied natural gas (LNG) and petroleum tankers, Business Times reported. The academy, wholly-owned by shipping giant MISC Bhd, recently invested about $3 million to install the latest versions of a ship-handling stimulator, liquid cargo stimulator and engine stimulator. The country's premier seafarers' training academy had undergone a corporate transformation exercise as part of its vision to position Alam as a reputable maritime academy institution. The academy hopes to grow its international student intake to 10 percent this year. Currently, Alam has 215 students out of which about 5 percent are foreign students from Indonesia, India, Vietnam, Brunei and Kenya. In the process to upgrade the academy, Alam appointed international consulting firm Det Norske Veritas (DNV) to audit its syllabus and curriculum to comply with the International Maritime Organization’s standards of training and certification. (Source: Business Times)
Transas Marine has upgraded training complex at the Nikola Vaptsarov Naval Academy (Varna, Bulgaria), including full mission bridge simulator upgrade to the latest Transas NTPRO 5000 software and new version of the GMDSS simulator TGS 5000. The Transas – Naval Academy partnership started in 2002 when Transas Marine supplied its Navigational, later Engine Room and GMDSS simulators to the Academy. In July 2012
Maine Maritime Academy (MMA) will undergo a comprehensive evaluation visit this fall by a team representing the Commission on Institutions of Higher Education of the New England Association of Schools and Colleges (NEASC). NEASC last accredited MMA for a 10-year period in 1996, and the college is a candidate for reaccreditation this fall. As part of the comprehensive self-study leading up to the team visit, the public is invited to submit comments regarding the institution
The Los Angeles-class submarine USS Annapolis (SSN 760) visited its namesake city from Aug. 30 to Sept. 5. The crew of Annapolis hosted tours for both midshipmen and Naval Academy faculty and staff over the holiday weekend. “We actually came to Annapolis for two reasons,” said Annapolis Commanding Officer, Cmdr. Dennis J. McKelvey, “one being to visit the city we were named for and the other to give midshipmen exposure
Continuing its support of students wishing to enter maritime, transportation and logistics fields, Crowley Maritime Corporation recently presented four U.S. Merchant Marine Academy (USMMA) midshipmen with Thomas B. Crowley Sr. memorial scholarships totaling $10,000. Mark Miller, director of corporate communications for Crowley, recognized Samantha Adrianne Skeens, Tormod Engvig, Brian Griffin and Justin Mitchell during the Containerization and Intermodal Institutes annual luncheon at the
Mike Rodriguez, U.S. Merchant Marine Academy Alum, was sworn in as Deputy Administrator of the U.S. Department of Transportation Maritime Administration (MARAD). Rodriguez has more than 35 years experience as a maritime industry professional in both the public and private sectors. He joins MARAD from the Navy’s National Maritime Intelligence-Integration Office. Prior to that, he served in the Military Sealift Command and in other active duty tours in the Navy
Vice Adm. Jeffrey L. Fowler relieved Vice Adm. Rodney P. Rempt as Superintendent of the United States Naval Academy during a change of command ceremony held in Alumni Hall on June 8. Chief of Naval Operations Adm. Mike Mullen praised Remptâ€™s accomplishments during his four years at the Naval Academy, commending his focus on developing midshipmen as combat leaders of character. â€œAs a Naval Academy grad, I want to thank you for all that you have done for my alma mater
Maine Maritime Academy (MMA) and Maritime Protective Services (MPS) have recently established a collaborative working relationship to offer maritime security education courses for company security officers, ship security officers, and facility security professionals. The announcement was made earlier today in conjunction with the opening of the U.S. Maritime Security Expo at the Jacob Javits Convention Center in New York City. As exhibitors at the Expo, MMA and
David Williams, CEO of the Noble Corporation, was honored as the Massachusetts Maritime Academy’s “Salute to the Maritime Person of the Year” at the Petroleum Club in Houston. Mr. Williams was awarded the Emery Rice medal, the Academy’s highest award presented for leadership excellence in the maritime field. The event is the Academy’s major scholarship fundraiser, with all proceeds going toward student financial aid.
Resolve Maritime Academy recently completed its installation of Transas engine room simulator platform, the ERS 5000 TechSim. As part of the Academy’s Simulation Training Center in Fort Lauderdale, Florida, the engine room has booked classes for January 2014. The ERS 5000 TechSim has allowed Resolve Maritime Academy to expand its course offerings to engineers from all sectors of the maritime industry including the offshore, tanker and cruise sectors.
NORDEN has taken a $230 million provision with no cash flow effect for onerous time charter contracts in Dry Cargo and reduces full-year guidance – underlying operations unchanged. Following an updated market evaluation, NORDEN has concluded that it is no longer likely that certain
International diversified shipping company Capital Product Partners L.P. announced that it has secured time charter employment for the M/T Aias and M/T Arionas. The M/T Aias (150,393 dwt, Crude Oil Carrier, built 2008, Universal Shipyard, Japan) will be employed with Repsol Trading S.A
Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with Clearlake Shipping Pte. Ltd., Singapore, a member of the Gunvor Group, for one of its Capesize dry bulk vessels, the m/v New York.
Rep. Joe Crowley (D-Queens, the Bronx), Vice Chair of the House Democratic Caucus, announced that he, along with 25 bipartisan members of Congress, sent a letter to the U.S. Department of Transportation and the Office of Management and Budget urging the agencies to develop and support a plan to
Diana Containerships Inc. reported net income of $1.4 million for the third quarter of 2014, compared to a net loss of $0.7 million for the respective period of 2013. Time charter revenues, net of prepaid charter revenue amortization, were $13 million for the third quarter of 2014
Highlights of Navios Maritime Holdings Inc. Financial Results for the Third Quarter and Nine Months Ended September 30, 2014: Revenue 25% increase to $152.6 million for Q3; 10% increase to $420.2 million for nine months EBITDA 5% increase to $42.4 million for Q3;
The National Marine Representatives Association (NMRA) recently awarded its second $500 scholarship to a student pursuing education in the marine industry and maritime trades. Jacqueline Weymann, of Kings Point, New York, was honored in a presentation made by NMRA past president Norm MacLeod
Diana Containerships Inc. announced direct continuation of time charter agreements for m/v Cap Domingo and m/v Cap Doukato Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, today announced that
BIMCO has today launched the Bunker Non-Lien Clause, aimed at reducing bunker suppliers’ reliance on ship arrest as a means of resolving claims for bunkers ordered but not paid for by time charterers, often due to bankruptcy.
SBM Offshore has entered into an agreement to sell the DSCV SBM Installer, a Diving Support and Construction Vessel (DSCV), to OS Installer AS for US$150 million in cash. OS Installer AS is a newly established joint venture between Ocean Yield ASA (75%) and SBM Offshore (25%)
Diana Containerships has announced that on November 28, 2014, through a separate wholly-owned subsidiary, it took delivery of the m/v “Santa Pamina”, a 2005-built Panamax container vessel of approximately 5,000 TEU capacity that the Company entered into an agreement to purchase on
Subsidiaries of Teekay LNG Partners L.P. and a wholly owned company of Royal Dutch Shell plc today announced that they have entered into time-charter contracts for five newbuild LNG carriers. The vessels will operate as part of Shell's global LNG fleet under time-charters ranging in
Subsidiaries of Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) and a wholly owned company of Royal Dutch Shell plc (Shell) has announced that they have entered into time-charter contracts for five newbuild LNG carriers. The vessels will operate as part of Shell's global LNG fleet under
Concordia Maritime takes a position in the Stena Bulk’s Suezmax fleet corresponding to a 50 percent charter of one tanker. The transaction was done by Stena Bulk and the vessel will operate during one year on the open spot market in the successful Stena Sonangol Suezmax pool
The U.S. Coast Guard (USCG), Customs and Border Protection, Canada's Niagara Regional Police and the Niagara County Sheriff's Office are investigating a reported hijacking of a Canadian-flagged charter vessel by two Canadian men Tuesday afternoon.