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
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
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.
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
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 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
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 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%
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.
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.
U.S. Federal Maritime Commissioner William P. Doyle has issued a statement regarding the ongoing discussion on container weight measures, welcoming a recent announcement from OCEMA: “OCEMA's statement on container weighing this evening is welcome news,” Doyle said
Oregon State University to issue RFI on ship project after design completion The design phase for a project to construct a new regional class research vessel to replenish the United States academic fleet is complete, and Oregon State University will issue a request for information (RFI)
An Indian-flagged oil tanker is returning to Libya, the North African country's rival oil corporation said on Thursday, after its failed first attempt to export crude oil led to the ship being blacklisted by the United Nations Security Council.
Highlights * Earnings of $1.8 billion decreased 63 percent from the first quarter of 2015. * Earnings per share were $0.43 assuming dilution. * Cash flow from operations and asset sales was $5 billion, including proceeds associated with asset sales of $177 million.
Federal Maritime Commission (FMC) Chairman Mario Cordero issued a statement regarding the Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) amendments implementation, calling for negotiation between shippers and carriers. "I applaud Chairman Hunter and Ranking Member Garamendi
Leading international classification society Bureau Veritas has developed guidelines for walk-to-work (W2W) motion compensated Offshore Access Systems (OAS) which are used to transfer industrial personnel to and from offshore installations. Guidance Note NI629 Certification of Offshore Access
Classification society Bureau Veritas has developed guidelines for walk-to-work (W2W) motion compensated Offshore Access Systems (OAS) which are used to transfer industrial personnel to and from offshore installations. Guidance Note NI629 Certification of Offshore Access Systems provides a clear
Last week's frightening incident in the Baltic Sea, where Russian warplanes repeatedly buzzed the destroyer USS Donald Cook over a two-day period, left many Americans wondering why the U.S. Navy didn't simply splash the SU-24 attack aircraft.
North P&I Club has partnered with CSO Alliance, an online community of maritime company security officers (CSOs), to encourage its members to join and take part in security-related information sharing. In a first for the P&I sector, all CSOs in North’s 131 million GT owned fleet will
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) has approved mandatory requirements for ships to record and report their fuel consumption, in a move that sends a clear and positive signal about the Organization’s continuing commitment
Veritas Petroleum Services (VPS) and Seagull Maritime AS announced today that they have signed a collaborative agreement that will capitalise on their complementary strengths to bring state-of-the-art fuel management training to the maritime industry.
Guidance Notes and Guide provide information for choosing monitoring techniques and insights for achieving classification. ABS has published two documents to help industry with condition monitoring. The new ABS Guidance Notes on Condition Monitoring Techniques helps owners choose appropriate
The second attempt by an endurance runner hoping to reach Bermuda from Miami ended early Sunday when he asked to be removed from his "hydro pod." The runner ignored a previously issued order from U.S. Coast Guard Captain of the Port (COTP) to not depart on his seagoing journey
Kannad Marine has issued a recall of all SAFELINK EPIRBs due to a possible defect that could result in the beacon not operating in emergency situations, the U.S. Coast Guard said in a marine safety alert. Those who own or use a SAFELINK EPIRB automatic or manual model as included in the
The planned freight port, the Stockholm Norvik Port, just north of Nynäshamn, is extremely important for the establishment of an efficient, eco-friendly supply of goods to the Stockholm region. In accordance with the Swedish Environmental Code