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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


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.  


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.


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


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


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


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%


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.


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.


NOIA Reviewing Proposed Well Control Rules

Randall Luthi (Photo: NOIA)

NOIA President Randall Luthi issued the following statement on the proposed bop/well control regulations announced by the Department of the Interior:   “The Federal regulators promised a big rule, and at more than 200 pages, they certainly delivered


Shell Ready for ECA Challenges

Photo: Shell

Since the implementation of Emission Control Areas (ECAs) on January 1, 2015, ships entering waters in the Baltic Sea; the North Sea; the North American ECA, including most of the U.S. and Canadian coast, as well as the French overseas collectivities of St. Pierre and Miquelon; and the U.S


RT to Frame Guidelines against Cyber Attacks

  The Round Table of international shipping associations (RT) comprising BIMCO, ICS, Intercargo and INTERTANKO announced today that they are developing standards and guidelines to address the major cyber security issues faced by the shipping industry.


G-7 Speaks Out On Chinese Maritime

Meeting of G7 Foreign Ministers in Luebeck, Germany. Picture Courtesy: TACC, Government of Russia

 Foreign ministers from the Group of Seven major nations have warned against “any attempt to assert territorial or maritime claims through the use of intimidation, coercion or force” — a message apparently aimed at China.  


Norwegian Cancels Cruise Due to Propulsion Problem

Norwegian Star. Pic by Norwegian Cruise Line

 The April 12 Panama Canal sailing of Norwegian Star has been canceled due to a technical issue with the ship's ABB-manufactured azipod propulsion system, according to a statement from Norwegian Cruise Line.    The Norwegian Star was originally scheduled for a 15 night cruise to


Imports Rising as West Coast Ports Recover

File photo: MARAD

Import cargo volume at the nation’s major retail container ports is expected to rise 8 percent this month over the same time last year as West Coast ports continue to recover from a backlog of cargo that built up before a tentative new labor agreement was signed


Liberian Registry Opens Istanbul Office

Erhan Esinduy (Photo: The Liberian Registry)

The Liberian Registry has established a regional office in Istanbul, Turkey, as part of the continued expansion of its global presence in major centers of international shipping and trade.    Erhan Esinduy has been appointed Regional Representative of the office and will be joining the


APM Terminals Mumbai Hits Record Throughput

APM Terminals Mumbai

  APM Terminals Mumbai established a new record for Indian ports by handling a total of 2.01 million TEUs during the Fiscal Year of 2014-15, representing the period between April 1, 2014 to March 31, 2015.   APM Terminals Mumbai is one of three terminals currently operating at


LNG, Oil tankers Diverted from Yemen

Aden Refinery temporarily suspends tender process to import; Gasoil shipment headed for Yemen diverted towards Singapore. SINGAPORE, April 9 (Reuters) - At least four oil and natural gas tankers that were headed to Yemen have been diverted as chaos mounts in the country after the launch of


Cochin Shipyard in Pact with Samsung Heavy Industries

Image: Cochin Shipyard Ltd.

 India's state-owned Cochin Shipyard Ltd (CSL) has entered into a Memorandum of Understanding (MoU) with Korean firm Samsung Heavy Industries for technology partnership in constructing liquefied natural gas (LNG) carrying vessels, reports local media.  


WICET set for Commissioning

Wiggins Island Coal Export Terminal

  Wiggins Island Coal Export Terminal (WICET) Gladstone, Australia,  is now moving into the commissioning stage. The first shipment of product coal is expected to leave Wiggins Island Coal Export Terminal at Golding Point this month.


Chevron Cylinder Oil Gains Interim NOL for Wärtsilä Engines

Photo: Chevron

Chevron’s new 100BN cylinder oil Taro Special HT 100 offers ship owners the ability to achieve the latest emissions legislation and has now received interim approval for its use in another key engine range – products made by Winterthur Gas & Diesel Ltd (formerly Wärtsilä)


EMGS - Vessel update for 1Q 2015

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  Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines "vessel utilisation" as the percentage of the vessel charter period spent on contracted or multi-client data


Canada Releases Tanker Safety System Report

The Government of Canada has released the second report of the independent Tanker Safety Expert Panel, “A Review of Canada’s Ship-source Spill Preparedness and Response: Setting the Course for the Future, Phase II – Requirements for the Arctic and for Hazardous and Noxious


MARAD Offers Grants for LNG Conversion

U.S. Maritime Administrator Jaenichin (Photo: MARAD)

The U.S. Maritime Administration (MARAD) issued a request for proposals for projects focusing on vessel conversion to natural gas in an effort to measure changes in emissions before and after conversion. The total amount of funding available is $900,000






 
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