Initiative Launched
Economou Backs $300m Green Recycling Initiative
George Economou and broking house Banchero and Costa Spa have both invested in the Green Recycling Initiative launched two weeks ago. The $300m GRI aims to integrate the needs of steel producers to be able to produce ethically sourced steel from traceable scrap and the needs of shipowners to recycle ships in a more environmentally friendly manner. The launch investors were Italy-based Siba Ships and Netherlands-based Seaarland Shipping Management. The Green Recycling Initiative (GRI) is building a fund to buy around 120 obsolete ships during 2009/10. Investors will be drawn from both the shipping and steelmaking industries. It will begin recycling these at established environmentally friendly ship recycling yards run by the International Ship Recycling Association while it builds its own recycling facility. Both Cardiff Marine and DryShips are global shipping transportation companies specializing in the management and transportation of various commodities in both the drybulk and the energy sector. The fleet managed by Cardiff Marine is in excess of 10 million deadweight tons. Banchero and Costa Spa is one of the world's leading maritime broking houses and shipping services groups. It has offices in Genoa, Monte Carlo, London, Geneva, Moscow, Hong Kong and Beijing. The Green Recycling Initiative is a Singapore-based company specifically formed to buy and recycle ships and to trade steel scrap on a global basis
One Voice: CESA & EMEC Unite
One voice for the European Shipbuilding and Maritime Engineering and Manufacturing Industry. The European shipbuilders and the maritime engineering and manufacturing companies share common interests, concerns and policy objectives. They serve global, highly competitive markets with the highest technology requirements. Under the given conditions, European enterprises succeed based on know-how, innovation, productivity, quality, service and full customer satisfaction
CSI Achieves Major Milestone: 20 Ports In
U.S. Customs and Border Protection (CBP) Commissioner Robert C. Bonner and Vassilios Manolopoulos, Director General, of the Greek Directorate General of Customs and Excise announced that CBP officers have been deployed to the port of Piraeus as part of the Container Security Initiative (CSI) and that CSI has become operational there. As part of the CSI program, CBP officers are working with host government personnel as part of CSI
National Initiative Launched by Maritime Industry Leaders
The high cost of recruiting, hiring and training the thousands of skilled shipbuilding and repair professionals needed across the country each year, coupled with the need to increase productivity has left executives in the industry searching for answers. In response to this need, industry leaders recently launched a national initiative called the Lighthouse Campaign. On December 6-7, 2011, the leadership team of the Lighthouse Campaign sent representatives to a meeting at
Sustainable Shipping Initiative Launched in Singapore
Focus on sustainable shipping at Singapore event – Wärtsilä participates The Sustainable Shipping Initiative (SSI) launched in Singapore recently is a series of practical, collaborative action plans aimed at developing a sustainable shipping industry for the future. Wärtsilä and other members have committed to deliver first results before the end of 2013. Presented as part of Singapore Maritime Week
Bourbon Strives for Fuel Consumption Savings
Optimizing the crewboat's fuel consumption - BOURBON promotes best practices and organizes a competition. With over 3 million people carried in 2011, the transport of personnel is at the forefront of BOURBON’s activities. Following directly on from the initiative launched in Gabon in 2010, from February 1 to May 1, 2012, BOURBON organized a competition for Surfers in Congo, aimed at cutting the hourly fuel consumption of personnel transport vessels operating out of the country.
Manitowoc Launches Coast Guard Cutter
Manitowoc Launches Coast Guard Cutter The Manitowoc Company, Inc. has launched the U.S. Coast Guard Cutter Hollyhock, the fourteenth ship in a series of 16 seagoing buoy tenders being built at Manitowoc’s Marinette Marine subsidiary. This 225-foot, Juniper-class vessel is part of a series of contracts that were awarded to Marinette in 1993 and 1998. “HOLLYHOCK and her sister cutters are highly sophisticated vessels that will enable the U.S
Invsat Announce Initiative with TeleMedic Systems
Invsat Limited, the VSAT and systems integration subsidiary of Inmarsat Ventures plc, has announced details of an initiative with London-based TeleMedic Systems, a supplier of remote telemedicine diagnostics. The aim is to speed up the delivery of emergency medical care using cutting-edge communications technology that supports TeleMedic Systems technical implementation. Central to this initiative will be VitalLink 1200 - a compact, lightweight system allowing monitoring of heart rate
Initiative to Speed Offshore Wind Development
Secretary of the Interior Ken Salazar launched a “Smart from the Start” wind energy initiative for the Atlantic Outer Continental Shelf to facilitate siting, leasing and construction of new projects, spurring the rapid and responsible development of the renewable resource. “The Cape Wind lease is an historic milestone in America’s renewable energy future, but to fully harness the economic and energy benefits of our nation’s vast Atlantic wind potential we need
Keppel Sets Up Charitable Foundation
Keppel Corporation launch Keppel Care Foundation Limited to help the needy & under-privileged, promote education & encourage eco-friendly initiatives. The Keppel Group of Companies (Keppel) will commit up to S$50 million over the next ten years to the Foundation. In line with Keppel's key thrusts of Sustaining Growth, Empowering Lives and Nurturing Communities, the Foundation will support organisations which have been conferred Institutions of Public Character status
Maris Enhances U.S. ECDIS Expertise
Marine electronics specialist Maris AS has completed an ECDIS (electronic chart data information systems) technical training program to enhance support services covering North America and the Caribbean. The initiative is part of its commitment to the global distribution and service agreement with
IMO’s GloBallast Partnerships Awarded “Best Innovative Project”
IMO’s GloBallast Partnerships Project, which assists developing countries and their maritime industries for implementation of the international regulations on ballast water management to prevent the spread of alien invasive species, has won the sixth Marine BizTV International Maritime Award
Jamaica Logistics Hub Plans: “Failure is Not an Option”
When it comes to its long-ranging and dynamic plans to develop as an international logistics center, failure is not an option for Jamaica, according to the country’s Minister of Industry, Investment and Commerce. Addressing the Jamaica Parliament as his contribution to the 2013/2014
Port of Montreal Open to post-Panamax Ships
The Canadian Coast Guard (CCG) authorizes the passage of vessels up to 44 metres wide in the Quebec-Montreal section of the St. Lawrence navigation channel. The previous authorized width was 32.1 metres without restrictions. The CCG has made the provisions following a study commissioned by
Bechtel Studies Cargo Ship Safety in West Africa
Bechtel launched a new research initiative to improve the safety of mooring large cargo ships off the coast of West Africa. The combination of heavy ocean swell, squalls and shallow coastlines can create unpredictable conditions which limit the number of dry bulkers that can be moored safely in
CII to Host Important Panama Canal Houston Event
The Containerization & Intermodal Institute (CII) organized seminar focuses on the Panama Canal, the update on U. S. export initiatives and breakbulk shipping. Michael Masserman, Executive Director for Export Policy, Promotion & Strategy, International Trade Administration
Transas Takes Malaysian Orders forTraffic Management Systems
Transas Marine Pacific, in cooperation with its partner KASI Malaysia Sdn Bhd, was awarded two contracts for installation of Vessel Traffic Management Systems in Tawau Port and Kimanis Bay Terminal. With these orders Transas continues its growth in the Malaysian market
U.S. National Ocean Service 2014 Budget Request
The FY 2014 President's Budget Request for the National Ocean Service (NOS) amounts to $529.2M. The National Ocean Service (NOS) observes, measures, assesses and manages coastal, ocean and Great Lakes areas and provides science-based services to inform decision making
Gladding-Hearn Launches Vessel for Northeast Pilots
The Northeast Marine Pilots took delivery of a new Chesapeake-class launch from Gladding-Hearn Shipbuilding, Duclos Corporation. The vessel joins the pilots’ four-boat fleet, operating from Newport, Rhode Island. With a deep-V hull designed by C
Somali Piracy Contact Group: UN Plenary Meeting
The United States will join partners from over 85 countries, international organizations, & the private sector at the United Nations in New York on 1st May, 2013. The Contact Group is a growing diplomatic effort that is taking action against criminal activity that threatens commerce and
Great Lakes June 2013 Symposium
Cleveland Metropolitan Bar Association is to present a public program featuring a range of important issues concerning the Great Lakes. The Great Lakes Symposium is a first-of-its- kind public program focusing on timely legal issues impacting the Great Lakes
Drydocks World Chairman to Participate at Mare Forum
Drydocks World and Maritime World, one of the largest and most diversified shipyards in the world, announced that Chairman Khamis Juma Buamim, will participate in the Mare Forum, Rome, Italy where he will deliver a keynote address. The theme of the forum “Quo Vadis” (Where are you
Seaspan, Walter Gretzky Celebrate NAOSH Week
With North American Occupational Health and Safety (NAOSH) week well underway across the continent, Seaspan welcomed Walter Gretzky to its Vancouver Shipyards to underscore the importance of health and safety in the workplace. Hockey’s most famous father addressed Seaspan employees with
China Shipyard Wins Floatover Barge Contract
COSCO (Zhoushan) Shipyard contracted by Malaysian owners to build a floatover launch barge for the offshore construction industry. The contract has a value of over US$ 23-million. The floatover launch barge will measure 10.00 meters high, 46 meters wide
Geodis Wilson Honors Innovators
Geodis Wilson honored its employees who have shown particular creative prowess as the company announces the winners of its annual Innovation Masters Award recognizing outstanding internal innovative initiatives throughout the logistic service provider’s global network.