Greek Shipping Minister urges owners to choose country's flag as registry gets revamp. Greek Shipping Minister Constantinos Mousouroulis has unveiled a plan to modernize the Greek Shipping Registry that will come into effect imminently. Greece's shipping ministry will put in place a one-stop-shop e-registry responsible for the receipt of the applications, their processing and the monitoring of the necessary steps tied to registering vessels. Mr. Mousouroulis invited ship owners to endorse the Greek flag as it becomes a lot friendlier to them under the new regime. The plan aspires to attract many more vessels to the Greek flag which is currently preferred by less than 30% of Greek-owned vessels, through the elimination of red tape. Source: Shipping Herald
ChartCo, has taken more orders for its ChartManager service from tow major tanker fleet owners. Greek company Avin International is the third major Greek shipping company, to sign up as a ChartCo customer while ChevronTexaco Shipping Company has signed up to ChartCo’s service following successful trials on two of its vessels. Avin International, a tanker operator active in the shipment of crude oil and petroleum products
As persistent high oil prices and the burden of increased regulatory compliance have rendered energy management strategy development crucial for fleet owners worldwide, the shipping industry is on the verge of a new frontier where novel concepts and sophisticated approaches to ship design and performance verification methods emerge. The world’s major ship building nations agree that a combination of a stubborn global recession and high fuel prices which affect global trade and impact
The year 2004 is shaping to be a monumental year for Greece, with the pinnacle being the hosting of the 2004 Summer Olympics from August 13-29 in Athens. While a maritime exhibition can hardly be mentioned in the same breath as an Olympic Games in terms of stature, the staging of the 19th biennial International Shipping Exhibition to be held in Greece — Posidonia 2004 — is a significant event for the international maritime community
Drewry believes that the industry has emerged from the global recession with both carrier profitability and demand figures bearing this out, but still ask whether or not the industry has learnt anything? The fact that no major companies went to the wall still seems to have insulated the industry from the despair of 2009 and there is now the feeling that perhaps the dark days did not happen. In essence, Drewry observes that it is back to normal operating conditions.
The Greek Prime Minister Panagiotis Pikramenos presided today, Monday June 4th over the official opening ceremony of the international shipping exhibition Posidonia 2012. Many government officials, foreign diplomats and representatives of Greek and international maritime organizations attended the inauguration ceremony of Posidonia, the premier event of the global shipping industry. In his address, the Greek Premier said: “The participation of so many exhibitors at this
LEADING international classification society Bureau Veritas says continuing pressure on environmental emissions, coupled with rising oil prices, puts a new focus on operational efficiency. Writing in the Bureau Veritas Marine Business Review 2011 Bernard Anne, managing director of BV’s Marine Division says, “Efficiency has to take on a new meaning. To be efficient means more than optimising a ship to burn less fuel when loaded and at its design service speed
ExxonMobil Marine Lubricants and the Greek Group, a collection of likeminded Greek shipping families, celebrated a 50-year business partnership this summer, representing the oil company’s longest-running supply agreement with a Marine customer organization. The Greek Group was established in 1961 when nine shipping family companies formed a fuel and lubricants purchasing group with Mobil Bunker Ltd., London. The original companies, organised as the Prometheus Group
Some 250 shipping executives from 24 companies unraveled their football talent on the turf of Greek Superleague champions Olympiacos during the Posidonia Shipsoccer Tournament, the last of the three sporting events which comprised this year's recreational and networking calendar of the Posidonia 2012 Exhibition week. The five-a-side event, which was organized by Posidonia Exhibitions S.A and Naftiliaki Filathliki Enosis
Maritime London will be leading a delegation of British maritime professionals to Athens, Greece, next month. The high level group will present to an audience of shipowners at the British Ambassador’s Residence on 17 June, 2013. The delegation will be accompanied by UK Shipping Minister, Stephen Hammond, and Sir Alan Massey, Chief Executive of the UK Ship Register. Maritime London chief executive Doug Barrow said: “The Greek British maritime relationship has always been
Hyundai Merchant Marine subsidiary has been granted Approved Training Provider status for their facilities and LNG carrier training courses to SIGTTO Training Standards. Lloyd's Register has awarded Approved Training Provider (ATP) Certification to Hae Young Maritime Services Co. Ltd
Greek Shipping Minister Kostis Moussouroulis announced the orders for Chinese shipbuilders on his recent visit to Shanghai. The orders, which were signed in April, accounted for more than 60 percent of the recent global orders of Greek shipowners, reported Xinhua, citing the Greek minister.
Greek shipowners order construction of iron-ore carriers in the belief that the 5-year charter-rate slump is coming to an end. The companies ordered 12 Capesizes last quarter, the most since the beginning of 2008, according to data from Golden Destiny SA, a shipbroker in Piraeus, Greece
Pirates attacked the German-owned Liberian-flagged container ship 'Hansa Marburg' off the coast of Equatorial Guinea. Citing the Hamburg-based shipping firm Leonhardt and Blumberg, owners of the vessel, Reuters report that the the four hostages - two Ukrainians
Environmental Protection Engineering S.A.(EPE) has become the first Greek company to obtain certification from classification society Germanischer Lloyd. GL is a certified provider of Inventory of Hazardous Materials (IHM) services. EPE becomes one of only a handful of companies worldwide that
Erma First ESK Engineering Solutions S.A. has concluded the installation of its Ballast Water Management System "Erma First" in two container ships being built at Zhejiang Ouhua Shipbuilding for Greek owner Evalend Shipping Co. S.A.
Greek ship-owners bought 72 ships within the first three months of 2013, invest US$848-million in their companies. While the Greek government continues to mull plans to tax the country’s shipping industry to raise money during a crushing economic crisis
AdvanFort appointed Dimitrios Angelopoulos, a retired Hellenic Navy submarine commander, as its new business development manager. Before coming to AdvanFort, Mr. Angelopoulos worked for Hellenic Shipyards S.A. as the project manager for the 214-type submarine contract with the Hellenic Navy
Tsakos Energy Navigation Limited – product, crude and LNG tanker operator – delivered the fully-coated DP2 shuttle tanker, the first of its kind internationally to fly the Greek flag, with a carrying capacity of 157,000 dwt, Rio 2016
Maritime Broadband Inc. announced Revmar Dynamics has been named the exclusive distributor of Maritime Broadband’s C-Bird VSAT in Greece and Cyprus and a non-exclusive distributor for the global maritime market. The agreement establishes Revmar Dynamics as a full-service distribution partner
Greek-based Euroseas Ltd., drybulk and container ship owners and operators, publish their Q4 & full year 2012 financial results. Full year 2012 Highlights: Net loss of $13.2 million or $0.34 net loss per share basic and diluted on total net revenues of $52.5 million
5 are killed & 3 injured during emergency drill on 'Thomson Majesty' while moored at Santa Cruz, La Palma, Canary Islands. The lifeboat fell from the vessel during an emergency training drill on the 20-year-old ship owned by Cyprus-based Louis Cruises and leased to Thomson
The European Union will support with €750,000 from the TEN-T Program a project aimed at exploring the feasibility of connecting by rail a series of maritime and fluvial ports in north-eastern Greece and Bulgaria to create a multimodal freight corridor serving the Aegean Sea
The tankship 'Aegean Horizon', held by Nigerian port authorities since 13, November 2012, permitted to depart. The vesel had been held during a regional naval exercise in connection with the alleged theft of some thousands of tons of crude oil.
Greek Section of The Society of Naval Architects & Marine Engineers (SNAME) upcoming meeting will hear about the technology. At its third technical meeting for the 2012-2013 season, Mr. Nicholas Kolliarakis, Managing Director at MIE Company Ltd