The Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian Registry, has appointed Michalis (Michael) Pantazopoulos as General Manager of its Piraeus office. Michalis has extensive experience of, and a proven pedigree in, both shipping and Greece. He was previously Manager of the Fleet Service Division of leading ship management company Avin International S.A. in Athens. Before that he was General Manager of the Piraeus office of the American Bureau of Shipping Consulting Inc., having previously held a variety of executive posts in the maritime sector in Greece and the United States. Michalis says, "Despite continuing changes and developments in the profile of the international shipping industry, Greece retains its position as the most vibrant and innovative truly maritime nation in the world. I am especially delighted because I am now representing the world's leading international ship registry in the major shipowning nation in the world."
Maersk Drilling has decided to decommission the rig Maersk Endurer from the fleet and recycle the rig with Zhoushan Changhong International Ship Recycling in China. “Given the current market situation and the over-supply of drilling rigs in the offshore market, there is a strong need to retire older rigs. Therefore, Maersk Drilling has decided to decommission its oldest rig in the fleet, Maersk Endurer,” says Morten Pilnov, Head of Global Sales in Maersk Drilling.
The diversified international shipping group TESMA (Tschudi & Eitzen Ship Management Alliance) with its network of alliance partners servicing more than 80 vessels with full technical management and crew management support has become the latest organization to seek ABS certification and issuance of the International Ship Security Certificate (ISSC) to conform to the IMO’s International Ship and Port Facility Code (ISPS Code).
The Liberian Registry has taken a unique initiative by electing to train its own worldwide network of inspectors to perform verification audits for shipowners, operators and managers under the International Ship and Port Security (ISPS) Code. It has also decided to approve specific members of the International Association of Classification Societies as competent to carry out ISPS audits on behalf of Liberian-registered vessels.
In a submission to the International Maritime Organization, the Republic of the Marshall Islands, currently the world’s third largest shipping registry, has called for the setting of a new global target for reducing greenhouse gas emissions from international shipping, a growing sector currently left out of international climate negotiations. The Marshall Island’s Minister of Foreign Affairs Tony de Brum issued the following statement regarding the submission
IMO Secretary-General Efthimios E. Mitropoulos has reminded delegates at the United Nations Climate Change Conference in Copenhagen (COP 15) of the importance of regulating the shipping industry through a competent, international body that can establish the appropriate global standards. Addressing two events in the context of the Conference, Mitropoulos stressed that international shipping requires global regulations if it is to function as the principal vehicle for the movement of global
The advisory board of the Liberian International Ship & Corporate Registry applauds the initiatives taken by the Liberian Registry in connection with improving security in the international shipping industry. At its second annual meeting on April 7, 2003, the advisory board welcomed the decision of the Liberian Registry to set up a fully staffed maritimesecurity department and to appoint a dedicated director of maritime
The IMO posted on its Internet site the Report of the Joint Working Group on Ship Scrapping . Representatives from the International Labor Organization (ILO), the IMO, and the Basel Convention (BC) met in Geneva on 12-14 December to continue discussions on development of a regime to address international ship scrapping. The goal is to draft a legally binding instrument on safe and environmentally sound ship recycling.
The International Chamber of Shipping (ICS), the global trade association for shipowners, has written to the French Government to raise concerns about a new requirement for foreign shipowners to provide information to their French customers about CO2 emissions, using a detailed methodology that has not been discussed internationally. ICS believes that the unilateral application by France of these new CO2 reporting requirements to foreign ships cuts across the principles of global regulatory
The IMO issued a Circular urging port facilities to promptly implement the International Ship and Port Facility Security (ISPS) Code. It notes that port facilities seem to be lagging behind ships in compliance efforts, which raises the prospect of compliant ships not being able to call at port facilities lacking requisite approved security plans without endangering their own security compliance status. MSC Circ. 1106 (HK Law).
Shipping impacts the world in many positive ways by enabling trade around the world, But despite all the positive impacts, you also have negative impacts, especially environmental impacts, CNBC quoted as Mads Stensen, global sustainability manager at Maersk saying.
Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase of 12.3 percent in its net profit for the 2015 full year financials when compared to 2014. The liquefied natural gas (LNG) shipper said the higher earnings compared
Dry bulk shipping companies being hit the hardest on account of the deteriorating business climate are likely to be swept by a new wave of bankruptcies, reports Nikkei. The global commodities bust has rocked the dry-bulk shipping industry
The Liberian Registry has reached a milestone with the registration of its 4,000th vessel – the 50,000 dwt chemical / product tanker newbuilding High Trust, owned by d’Amico Tankers Limited, Dublin (d’Amico International Shipping S.A. group).
Malaysian Bulk Carriers Bhd (Maybulk) is forecasting significant losses for the fourth quarter of 2015 and the financial year ended December 31, 2015 amid depressed market condition. Maybulk, which operates the country’s largest fleet of dry bulk vessels used for international
The Paris climate agreement’s target of limiting global warming well below 2°C will be impossible without measures to curb shipping’s greenhouse gas emissions, MEPs told industry representatives last week.
Vroon Offshore Service B.V., an international shipping company with a fleet of approximately 90 offshore vessels, has again trusted in Merus technology, commissioning Pronomar to install four Merus rings on platform supply vessel VOS Paradise this week after sister ship VOS Pace was equipped with
Travelling by ship, whether for trade, exploration or war, has been one of the most important parts of human history. As the global economy progressed and developed, the importance of shipping skyrocketed. While the advent of the car and plane heralded new eras of transportation
The International Association of Classification Societies is pleased to announce the release of the 2016 edition of its IACS Blue Book. The latest release of the Blue Book package continues to enhance IACS technical support to the shipping industry through our work and investment in technology
Korean Register (KR) - an IACS member classification society – is now authorized as a Recognized Organization (RO) by the German Federal Ministry of Transport and Digital Infrastructure to perform statutory services for flagged vessels.
The critical link between shipping and global society is the main focus for this year’s World Maritime Day theme: "Shipping: indispensable to the world". The theme for 2016 was launched by IMO Secretary-General Lim as he opened the Sub-Committee on Ship Design and Construction (18
Shipping companies are being strongly encouraged to use new ‘Transitional Measures for Shipowners Selling Ships for Recycling’ launched by a coalition of international shipping industry organizations. The purpose of the new ‘Transitional Measures’ – developed by an
An agreement to build oil tankers in Iran for Venezuela has been left in limbo years after it was announced as Western sanctions plus disagreements over payments and delivery terms took their toll, sources familiar with the matter say.
Navig8 Product Tankers Inc., an international shipping company focused on the transportation of petroleum products, has taken delivery of one LR1 74,000 DWT product tanker, the Navig8 Expedite, from STX Offshore & Shipbuilding Co, Ltd.
Wartsila India, the Indian arm of Finland-based Wartsila Corporation, has signed a Memorandum of Understanding (MoU) with Cochin Shipyard Ltd (CSL) for setting up a containerised self-sufficient workshop. As per the MOU, Wartsila plans to locate a containerised self-sufficient