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Issues First

ClassNK Issues Approval for ECDIS Training

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ClassNK Issues First Type Specific Training Course Approval for ECDIS Certification to FURUNO INS Training Center Singapore. ClassNK issued its first Type Specific Training Course approval for an ECDIS(Electronic Chart Display and Information System) Training Course offered by FURUNO INS Training Center Singapore. The approval, which coincides with the grand opening of the new training center, certifies that the course offered by the center complies with the leading classification society’s new Standard for Maritime Education & Training   New requirements for the installation of ECDIS systems will be phased in from 1 July 2012, after which vessels will be required to navigate using ECDIS as their primary chart system. As part of this process, masters and deck officers will be required to undergo adequate training and prove their understanding and proficiency in using the new systems.   In addition to the generic ECDIS training required by the STCW Convention and Code, the governments of the UK and Ireland, as well as the Paris MOU, require masters and all deck officers on flag vessels which make use of ECDIS systems as their primary means of navigation undergo Type Specific ECDIS training for the ECDIS systems used onboard their vessels. In recognition of the growing demand for not only rigorous generic ECDIS training courses, but also high quality training programs for individual ECDIS Systems


Liberia issues first Maritime Labour Convention Certificate

THE Liberian Registry has carried out the first ship inspection for compliance with the ILO Maritime Labour Convention 2006 (MLC), ahead of its entry into force. The inspection was performed on board the 7,000 teu containership UASC Yanbu, owned by D Oltmann Reederei GmbH & Co KG of Bremen, Germany, and managed by Anglo Eastern Ship Management Limited, at the port of Hamburg on March 29, 2011. Commending Anglo Eastern Ship Management Limited and the ship’s master and crew for


Bureau Veritas Issues First EEDI Certificate

Sinopacific's Crown63 class Bulk Carrier, JS Amazon, gains BV's first EEDI rating   Leading international classification society Bureau Veritas has issued its first EEDI (Energy Efficiency Design Index) certificate to the ultramax geared bulk carrier JS Amazon, the lead ship in a new generation of ‘CROWN63’ vessels developed by China’s  Sinopacific Shipbuilding Group with bulk carrier expert Setaf-Saget.  


Euronav Pays Bond to Buy 15 Maersk Tankers

Photo: Euronav NV

Euronav NV will repay the US$235 million bond issued to finance the acquisition of 15 VLCC oil tankers from Maersk Tankers Singapore, following a closure of its Initial Public Offering (IPO) of ordinary shares on the New York Stock Exchange. According to press release, Euronav issued notice to exercise its right to request the contribution of 30 outstanding perpetual convertible preferred equity securities on January 30, 2015. It  expects to repay the bond on or around February 19, 2015


Bergesen Books Big Loss On Kvaerner Sale

Bergesen d.y. ASA booked a net loss of $24.3 million from the sale of all of its shares and rights issues in Kvaerner. Bergesen sold Kvaerner A-shares at 107.45 crowns and rights issues in A-shares at 24.45 crowns. From the first quarter of 2000 Bergesen's accounting has been done in dollars. It said as a result of the conversion from Norwegian crowns, the book value of the shares in Kvaerner were set at the dollar value at the time of acquisition


MISC To Raise $600M To Buy Ships

Malaysia International Shipping Corp (MISC) will raise about $600 million in global bonds by mid-2001 to partly fund the purchase of four ships worth some $1 billion. "We are first going to the market to be rated by international agencies like Standard & Poor's and Moody's and then will look at issuing bonds," MISC managing director Mohd Ali Yasin said. He said the credit ratings and the bond issue, the first by MISC globally, would be completed by middle of next year.


This Day in Naval History – March 23

1815 - USS Hornet captures HMS Penguin in battle lasting 22 minutes 1882 - SECNAV Hunt issues General Order No. 292 creating Office of Naval Intelligence. 1917 - Launching of USS New Mexico, first dreadnought with turboelectric drive 1945 - Carriers begin pre-assault strikes on Okinawa, kamikaze attacks follow 1958 - First launching of simulated Polaris missile from submerged tactical launcher facility off CA.


Intertanko Launches Website at www.intertanko.com

This site will serve as a communication channel to the membership and colleagues in the tanker shipping world. Over the next few weeks, content will be added and will include more of the issues INTERTANKO is working on. Public information is accessible via the top-bar menu, including general information, membership, press releases, book shop, useful links etc. Tanker facts, a press room and image gallery are soon to follow.


FMC Declines to Expedite Appeal Process

The Federal Maritime Commission (FMC) issued an Order denying the appeal of Canaveral Port Authority whose earlier motion to stay discovery and expedite its appeal had been denied by the Administrative Law Judge (ALJ). The FMC has initiated two proceedings against the port authority: one alleging unjust refusal to establish reasonable regulations relating to towing services in the port and another alleging unreasonable refusal to deal or negotiate


Ocean Tankers to Raise $13m from IPO

Ocean Tankers Holdings PCL aims to raise about $13.38m from the initial public offering (IPO) that starts in the first such issue of a new company to list on the Cyprus Stock Exchange in two years. The company, presently privately owned by the Michael Ioannides Group and its affiliates, has a fleet of three double-hull tankers under the Cypriot and Maltese flags and the proceeds of the issue, that will reduce the principal shareholder’s stake to just below 70%


Groningen Seaports First in Line for Damen InvaSave

Image: Damen

The first production version of Damen’s InvaSave ballast water treatment system – intended for use at Groningen Seaports – will be on display at the upcoming ‘DelfSail’ sailing festival between June 30 and July 3 in the city of Delfzijl, the Netherlands.  


UAE Top Court: Physical Bunkers Suppliers Have No Right to Recourse against Owners/Charterers

File photo: OW Bunker

The OW saga - UAE Federal Supreme Court decides that physical suppliers of bunkers have no right to recourse against Owners/Charterers. In the first decision on the issue from the most senior court in the country, the UAE Federal Supreme Court has decided that physical suppliers of bunkers have


Indonesia Bans Ships for Philippines

File photo: Indonesian Navy Show

 The Indonesian Government has banned vessels flying Indonesias flag from sailing to the Philippines following the latest hostage incident.   According to a report in AP,  Indonesia said, a halt on coal shipments to the Philippines will remain in place until Manila can secure its


Vittoria Shipyard Partners with Peru

Terminal Callao (Photo: APM Terminals)

Vittoria Shipyard has extended its horizons to the South American market; the Adria-based firm – an Italian builder of military, paramilitary, commercial, transport and working ships – has signed an agreement to work with SIMA Perú, a publicly-owned company that plans


Amid Melting Arctic Ice, Kerry sees Looming Climate Catastrophe

U.S. Secretary of State John Kerry Official Portrait Photo John Kerry -@JohnKerry

Standing near Greenland's Jakobshavn glacier, the reputed source of the iceberg that sank the Titanic over a century ago, U.S Secretary of State John Kerry saw evidence of another looming catastrophe. Giant icebergs broken off from the glacier seemed to groan as they drifted behind him


Star Bulk Sets Terms on Reverse Stock Split

Pics: Star Bulk Carriers Corp

 Athens-based Star Bulk Carriers Corp has determined to effect a 1-for-5 reverse stock split of the Company's common shares.    The Company's shareholders approved the reverse stock split and granted the Board the authority to determine the exact split ratio and proceed with the


US Oil Drillers Add Rigs for Third Week in a Row

U.S. drillers this week added oil rigs for a third week in a row for the first time since August, according to a closely followed report on Friday, as producers seek more drilling permits after crude prices hit an 11-month high over $51 a barrel last week.  


This Day In Naval History - June 15

USS Mars (AFS 1) (U.S. Navy photo)

1775 - Abraham Whipple takes command of Rhode Island's coastal defense ship, Katy, and captures a tender of HMS Rose. In December, Katy is taken into the Continental service and renamed Providence.   1864 - During the Civil War, the side-wheel steamer, USS Lexington, commanded by Lt


Jelenić Joins Pacific Merchant Shipping Association

Thomas A. Jelenić (Photo: Pacific Merchant Shipping Association)

Maritime environmental and logistics industry expert Thomas A. Jelenić joins Pacific Merchant Shipping Association (PMSA) as Vice President, the trade association announced today. Jelenić will work in PMSA’s Long Beach office as of June 13, 2016.  


Gas Leak on INS Vikramaditya Kills 2 on Board

INS Vikramaditya. Photo: Indian Navy

 Two people, including a sailor, were killed and two others injured after inhaling toxic fumes on board India's aircraft carrier INS Vikramaditya at Karwar Naval base in Karnataka.    The condition of two others injured was stable and constantly being monitored in the Naval


DNV GL Issues First “Clean Lay-up” Declaration

FPSO Munin, currently laid up at Labuan, Malaysia, is the first vessel to receive the DNV GL “Clean Lay-up” declaration. Photo: DNV GL

 Classification society DNV GL announced at the Posidonia trade fair that it had issued the first “Clean Lay-up” declaration under its newly released classification guideline   The guideline enables shipowners and managers to demonstrate that their vessel is laid up in a


Seoul's Effort to Calm Shipping Sector Storm

Photo: Hyundai Heavy Industries

 South Korea will pump $9.5bn (11 trillion won) into state-run policy lenders reeling from huge losses on loans made to the beleaguered shipbuilding and shipping sectors to help them deal with further corporate distress, says FT.  


Seawater Carbon Capture Process Receives US Patent

Rear Adm. Mat Winter, chief of naval research, holds a press conference at the ONR exhibit during the 2016 Sea-Air-Space Exposition. (U.S. Navy photo by John F. Williams)

The Electrolytic Cation Exchange Module (E-CEM), developed at the U.S. Naval Research Laboratory (NRL), provides the Navy the capability to produce raw materials necessary to develop synthetic fuel stock at sea or in remote locations.   


Lack of Communication Led to Houston Ship Collision -NTSB

The probable cause of the 2015 collision of the Conti Peridot and the Carla Maersk in the Houston Ship Channel was the inability of the pilot on the Conti Peridot to respond appropriately to hydrodynamic forces after meeting another vessel during restricted visibility


Shippers Need Practical Steps to Achieve Cyber Security

Rob Kenworthy (Photo: GTMaritime)

GTMaritime, provider of shipboard software solutions, says too many shipping companies have yet to take basic precautions for cyber security onboard ship.   While cyber security has become a hot topic on conference platforms and industry events around the world






 
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