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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

NCCER_Logo_web.jpg

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


Bourbon Strives for Fuel Consumption Savings

Bourbon-Axelle1.jpg

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.


Drydocks World & DMC to build 1st LNG-powered tug

Eco Tug

  Drydocks World and Dubai Maritime City (DMC), the leading provider of services to the shipping, maritime, oil, gas & energy sector is supporting the "Green Economy for Sustainable Development" initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of UAE and Ruler of Dubai.  As part of this initiative, the company has entered into Memoranda of Understanding with Wartsila and Dubai Carbon Centre of Excellence for building the


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


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


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


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


Trident Alliance Formed, First Members Announced

The Trident Alliance, a shipping industry initiative for enforcement of maritime sulphur regulations, has today been formally launched.  The Trident Alliance is a coalition of shipowners and operators who share a common interest in robust enforcement of maritime sulphur regulation and are


Negotiations on WTO Environmental Goods Agreement

Fourteen WTO members launched plurilateral negotiations for an Environmental Goods Agreement

  Fourteen WTO members launched plurilateral negotiations for an Environmental Goods Agreement on 8 July 2014 at the WTO. These members said the talks will promote green growth and sustainable development while providing impetus for the conclusion of the Doha Round.


MHI to Integrate Two Group Companies

Mitsubishi Heavy Industries Air-Conditioning and Refrigeration Corporation Voxcel air-cooled heat pump module chiller]

  Effective October 1, Mitsubishi Heavy Industries, Ltd. (MHI) will integrate two of its group companies: Mitsubishi Heavy Industries Air-Conditioning and Refrigeration Corporation, which handles majority of domestic sales of air-conditioning and refrigeration (AC&R) products


Thome Is the First to Sign up to IMPA Act

(Left-Right) Stephen Alexander, COO and Secretary General of IMPA with Ryan Dalgado, Procurement and Supply Chain Manager of Thome Ship Management.

Leading integrated ship management service provider Thome Ship Management has become the first ship management company to join IMPA ACT, the responsible supply chain management initiative, launched by IMPA, International Marine Purchasing Association.


German Shipbuilder FSG Launch Second Seismic Vessel

Amazon Conquerer launch: Photo FSG

Flensburger Schiffbau-Gesellschaft (FSG) says it has launched a second offshore seismic survey ship 'Amazon Warrior' for owners WesternGeco. FSG explains that the newbuilds Amazon Warrior and Amazon Conqueror are seismic ships are 127 metres long and 28 metres in breadth and the largest in the


Port of Long Beach Recognized for Green Efforts

Photo: Port of Long Beach

The Port of Long Beach was recognized Tuesday, June 17, as the “Best Green Seaport” at the 28th annual Asian Freight & Supply Chain Awards hosted in Shanghai, China. Known for its nearly 10-year-old Green Port Policy, the Port of Long Beach has regularly reported reduced impacts


Apostleship of the Sea Launches Maritime Emergency Fund

AoS port chaplains are uniquely placed to judge whether a modest grant will help a crew member

  Apostleship of the Sea (AoS) has launched a maritime emergency fund which aims to provide fast and modest cash grants to seafarers in difficulties. The dedicated fund is designed to respond to emergency financial or welfare requests from seafarers or their families in less than 24 hours


OW Bunker Launches 3rd Barge in Singapore

OW Bunkers new barge in Singapore, Marine Noel (Photo courtesy of OW Bunker)

OW Bunker continues physical expansion in Asia and has an MPA-approved Coriolis Flow Meter installed to ensure product quantity OW Bunker, a physical distributor and reseller of marine fuels, today announced the launch of its third barge in Singapore


New Online Tool Aids Communications Management

Image courtesy of Airbus Defence and Space

Airbus Defence and Space launches SkyFile Mail Manager to improve email account and traffic management capabilities for maritime Airbus Defence and Space has launched SkyFile Mail Manager, the latest addition to its SkyFile messaging portfolio


New Mississippi Riverboat Launched

Photo courtesy of American Cruise Lines

American Cruise Lines announced today that it launched the new paddlewheeler being built for the Mississippi River at Chesapeake Shipbuilding in Salisbury, Maryland. Immediately after being launched Sunday into the Wicomico River, tugboats nudged the new riverboat into Chesapeake


WPCI Launches Website Focused on LNG as shipping Fuel

  The website www.lngbunkering.org is launched that features Liquefied Natural Gas (LNG) as a shipping fuel. The website is an initiative of the World Ports Climate Initiative (WPCI) LNG Fuelled Vessels Working Group under the auspices of the independent


Board Game Seeks to Transform Supply Chain Learning

Pat Smedley & Andy Page

Three years after its inception, today sees the official launch of an innovative new board game designed to teach young people of all ages about the importance of today’s supply chain in global commerce. The game - Business on the Move - aims to inspire


Top 5 Start-Ups Present at DP World's Turn8

DP Worlds turn8

Five start-ups presented at round two of the TURN8 Seed Accelerator initiative recently, which was attended by more than 70 delegates, including investors and media professionals at the Meydan Hotel in Dubai. A DP World initiative that was launched last year


Private Maritime Security: SAMI Secretariat Update

Maritime Security Guard: Image courtesy of SAMI

"Initially the doors within the shipping industry had been closed to private maritime security companies, and there was a definite “them and us” divide. This has begun to break down, and we now see that PMSCs are very much a part of the logistics facilitation toolbox which ship


Europe SECA SOx Emissions Compliance: 'Musketeer Agreement'

Exhaust gas emission offender: File photo

The Danish Mariime Authority (DMA) informs that a number of North Western European countries have made a commitment in Copenhagen to cooperate on making the control of ships’ sulphur emissions more efficient. The DMA describes the various countries' commitment as being an






 
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