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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%


Cambodia Urged ASEAN to Avoid Words That Escalate Tension

Cambodia advised a grouping of South East Asian nations to avoid using words that "would escalate tension between China and the Philippines" in a weekend statement, the country's foreign ministry said on Wednesday.   Cambodia's support for China's position on an international


Sunken Barge Impedes Waterway Traffic Near Galveston

A barge sank east of the Galveston Causeway railroad bridge Tuesday, causing the U.S. Coast Guard to issue a safety zone and temporarily restrict traffic on the Gulf Intracoastal Waterway. The restriction allows one-way and single-wide barges only, from mile marker 356 to mile marker 357


Port of Rotterdam Throughput Dips in 2016

Photo: Port of Rotterdam Authority

Compared to the first half of 2015, which saw throughput increased by 6.8 percent, the Port of Rotterdam handled 3 percent less cargo in the first six months of 2016, according to the Port of Rotterdam Authority.   The most pronounced decrease could be observed in the dry bulk segment


Two DNV GL Approvals for GTT Training Software

GTT Training, a GTT subsidiary dedicated to training liquefied natural gas (LNG) professionals and to the development of associated simulation tools, has obtained two approvals for G-Sim training software from DNVGL in accordance with their standard for Maritime Simulator Systems. 


ASEAN in Discord Ahead of Meeting with top China, U.S. Diplomats

Photo Permanent Court of Arbitration

Southeast Asian nations were thrown into disarray after Cambodia on Saturday blocked them from issuing a statement referring to an international court ruling against China's territorial claims in the South China Sea, diplomats said. The U.N


ICS Conference to Focus on Shipping Agenda

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The International Chamber of Shipping (ICS) will focus clearly on its core agenda this year, with experts from key areas of industry across the board speaking at its 2016 International Shipping Conference, to be held at the British Library on Wednesday 7 September.


US, Chinese Navies Chiefs: Cooperation Needed

The goal of the engagement is to improve mutual understanding and encourage professional interaction between the two navies. (U.S. Navy Photo by Mass Communication Specialist 1st Class Nathan LairdReleased)

Chief of Naval Operations (CNO) Adm. John Richardson met with People's Liberation Army (Navy) (PLA(N)) Commander Adm. Wu Shengli during professional and social events held July 18 at navy headquarters in Beijing. The goal of the engagement was to improve mutual understanding and encourage


Vesper Marine to Protect LIS Underwater Cables

Image: Vesper Marine

Vesper Marine announced that it has provided its virtual Automatic Identification System (AIS) to New York Power Authority (NYPA) to protect submerged power cables in Long Island Sound.   The WatchMate Asset Protection System is the first U.S


Japan Regulator Investigating LNG Shipping Restrictions

File photo: MOL

Japan's anti-monopoly regulator is investigating whether clauses in liquefied natural gas (LNG) contracts preventing buyers from selling the fuel to third parties hurts competition, Bloomberg News reported on Thursday, citing unidentified sources.  


This Day In Naval History: July 14

1813 - During the War of 1812, Lt. John M. Gamble becomes the first Marine to command a ship in battle, USS Greenwich, when she captures British whaling ship Seringapatam.    1853 - Commodore Matthew C. Perry lands and holds the first meeting with the Japanese at Uraga


EU's Silence on South China Sea Ruling Highlights Inner Discord

European governments are torn over how to respond to China's defeat in a legal battle over the South China Sea, fearful of alienating their second-largest trading partner and hampered by a maritime dispute among their own members.   China angrily vowed to ignore the ruling by a court in The


Cybersecurity On Ships: New Guidelines

Pic: Clyde & Co

 Companies are becoming increasingly alive to the importance of cyber-security and the need to protect themselves against the risk of cyber-attacks; the marine sector is no exception, says Clyde & Co’s Shipping Newsletter.  


Vietnam Welcomes South China Sea Ruling, Reasserts its Own Claims

Vietnam welcomed a ruling by an international arbitration court concerning the South China Sea on Tuesday, saying it strongly supports peaceful resolution of disputes, while reasserting its own sovereignty claims.   "Vietnam welcomes the arbitration court issuing its final ruling


Global Maritime's Warranty Services for Block Island Wind Farm

Global Maritime Provides Marine Warranty Services to US’s First Offshore Wind Farm Photo Global Maritime

Global Maritime Consultancy & Engineering has signed a contract with leading offshore wind developer Deepwater Wind to provide marine warranty services for the Block Island Wind Farm, America’s first offshore wind farm.   Services that will be provided include a technical review


Road Ahead for India's Logistics Industry Post WB Report

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India’s position to 35th rank in the latest bi-annual World Bank Logistics Performance Index (LPI) report will open many corridors of opportunities as industry will witness swift growth in international as well as inter-state freights, an effect of Union Government’s commitment to make






 
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