At the beginning of June South Shields based Solar Solve Marine dispatched a consignment of 16 SOLASAFE anti-glare roller sunshades to their distributor based in Osaka for installation at the wheelhouse windows of two new bulk carriers being built in Japan. Oshima Shipbuilding Co. are finishing off a Handymax Bulker, Hull No. 10705, at their Nagasaki yard for delivery next month. Currently both the name of the 55,116 dwt vessel and the owner have not been made public but the vessel will be delivered with 13 roller sunscreens from the SOLASOLV range installed at the navigation bridge windows. When in use they will protect the bridge personnel from solar heat, glare and uv light to improve their comfort and safety. The consignment also includes three SOLASAFE screens for a 60,527 dwt Panamax Bulk Carrier, Hull No. 050, due for delivery at the end of the summer from Shin Kasado Dockyard Co. in Yamaguchi prefecture. This 200 mtr. long vessel will transport mainly cargoes of grain for Greek owners. www.solasolv.com
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.
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
Reuters - An oil tanker hijacked for a week off Angola in January has been returned to the country's authorities, a board member at state oil firm Sonangol said on Tuesday, adding that the hijackers had stolen diesel worth $8 million from the ship.
Hellenic Navy warship, HS Psara joined EU Naval Force Somalia, Operation Atalanta Wednesday, February 20. The Greek Navy frigate left the Salamina Naval Base on Thursday, February 13. HS Psara will be part of the EU’s counter-piracy operation in the Horn of Africa and Western Indian Ocean
Greek-based drybulk & tankship owners DryShips and subsidiary offshore deepwater drilling service provider Ocean Rig announce unaudited financial and operating results for the fourth quarter, year ended 31, December 2013. DryShips Fourth Quarter 2013 Financial Highlights
Ince & Co. partner Jonathan Elvey, who was head of the law firm's Piraeus office, has returned to the London office after spending 17 years advising clients at the heart of the Greek shipping market as head of the Piraeus office. Partner Nick Shepherd
Greek shipowners, Costamare Inc., says it plans to offer its Series C Preferred Stock and intends to use the net proceeds for general corporate purposes, including making vessel acquisitions or investments, details as follows: The offering is of Series C Cumulative Redeemable Perpetual
Evergreen Marine Corp, Taiwan's largest container shipping company, plans to charter seven new vessels with capacity of 14,000 twenty-foot equivalent units (TEU) to upgrade its fleet at lower unit costs, while disposing of smaller and older vessels, reports the Taipei Times, .
China Rongsheng Heavy Industries Group, the country’s largest private shipbuilder, expects to report a substantial full-year loss just months after it appealed to the government for financial help, reports Reuters. Analysts have indicated that the company could be the biggest casualty of
Classification society ClassNK announced that the ClassNK register topped 220 million gross tons for the first time at the end of November 2013. The announcement was made following the November meeting of the ClassNK Classification Committee, which certified the ClassNK register listed 8
Greek dry-bulk ship owners Safe Bulkers, Inc. plans to offer 5,000,000 shares of its common stock to the public. The Company plans to use the net proceeds of the Public Offering and Private Placement for vessel acquisitions, capital expenditures and for other general corporate purposes
The Greek coast guard has detained the cargo ship 'Nour M', sailing under the flag of Sierra Leone from Ukraine and carrying a large quantity of arms and explosives without proper documents, reports the Ukraine News Agency, citing Greek media sources.
Ship owners trend towards larger ship sizes in the latest round of newbuilding orders reported in Clarkson Hellas S&P Weekly Bulletin. Dry bulk carriers Oldendorff Carriers has contracted for four firm plus up to four option 208,000 dwt Newcastlemax from Taizhou CATIC
Alan Olivier was elected Chairman and President of the UK P&I Club at their board meeting in Bermuda on October 28. He succeeds Dino Caroussis who has retired from the board. Mr. Olivier, 53, Chief Executive Officer of Grindrod Limited
Greek container ship owners, Danaos Corp. reports unaudit financial results for the period ended September 30, 2013 for its chartered out container ship fleet. Highlights for the Third Quarter and Nine Months Ended September 30, 2013 Operating revenues of $148
The Panama Canal Authority (ACP) Administrator Jorge L. Quijano has met with the Union of Greek Shipowners, the International Association of Independent Tanker Owners (INTERTANKO) and the International Association of Dry Cargo Shipowners (INTERCARGO) to discuss the waterway's toll structure when
Today in U.S. Naval History - September 5 1776 - Adoption of first uniforms for Navy officers 1813- USS Enterprise captures HM brig Boxer off Portland, ME 1918 - USS Mount Vernon torpedoed by German submarine off France 1923 - U.S