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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.  


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


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.


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%


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.


DNV Issues Guidance on Offshore Gas Terminals

According to Conn Fagan, DNV’s Business development manager for offshore gas projects, the FLNG segment is developing rapidly.    “A number of FSRUs (floating storage and regasification unit) and SRVs (shuttle and regasification vessel) are currently in operation, and many more floating import gas terminals are now in different phases of development,” Fagan said. “At the same time, the first LNG FPSOs (floating production


MN 100: AEP River Operations

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16150 Main Circle Drive, Suite #400 St. Louis, MO 63017 Tel: (636) 530-2100  Email: info@aepriverops.com Website: www.aepriverops.com President: Keith Darling The Company: Headquartered in St. Louis, Missouri, AEP River Operations is a barge company offering service in the


Bureau Veritas to Class, Certify FPSOs for Saipem

Marie-Francoise Renard

Bureau Veritas has been awarded a contract by Saipem to provide classification and certification services for the two Kaombo FPSOs for service off Angola. The $4 billion project for the FPSOs was awarded to Saipem by Total for the engineering, procurement


USS Independence Successfully Completes Special Trials

USS Independence - LCS 2

 USS Independence (LCS 2) successfully completed Special Trials (ST), a series of at-sea tests on Aug. 2, following the ship's participation in the multinational Rim of the Pacific (RIMPAC) exercises that took place throughout the month of July.  


Panama Canal Updates Maersk on Expansion

Photo courtesy of ACP

Within the framework of the centennial celebration, the Panama Canal Administrator Jorge L. Quijano received a Maersk Line delegation led by Søren Skou, CEO of Maersk Liner Business, to provide an update on the Expansion Program and discuss the future trends in the maritime industry.


Shipping Industry Issues Ebola Virus Red Alert

The Ebola Virus: Image courtesy of Maritime London

Three global shipping organisations have issued guidance to their members on the risks posed to ships’ crews calling in countries affected by the Ebola virus, and similar alerts have been issued by the P&I clubs, according to trade organization Maritime London.


North Sea OSVs Liable to Detention if MLC Non-compliant

An OSV: Photo credit Vard

The Maritime Labour Convention (MLC), an international agreement which safeguards the employment rights, working conditions and health care of seafarers, came into force in the UK on 7 August. Shipping and maritime law expert Katie Williams of Pinsent Masons, the law firm behind Out-Law


USCG Issues Boating Under Influence Citation in Massachusetts Bay

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  Coast Guard law enforcement crews issued a boating under the influence citation to the operator of a vessel late Sunday night in Massachusetts Bay. Watchstanders at Station Point Allerton received notification of a 12-foot Boston Whaler that was adrift and disabled off of Nantasket Beach


Faster Approvals for LNG Export to Non-FTA Countries

Magnolia-LNG receives export boost

  Liquefied Natural Gas Limited has advised that the U.S. Department of Energy has revised procedures that could result in faster approval of applications to export LNG to non-Free Trade Agreement (Non-FTA) countries. The company had in October 2013 applied for approval to export 8


USCG Issues Interim OSV Cargo Rule

The U.S. Coast Guard (USCG) issued an interim rule regarding regulations to mitigate the risk created by the removal of the statutory size limit previously placed on offshore supply vessels (OSVs). The regulations were effective immediately upon publication in the Federal Register.


Propulsion Woes Bring Queen Victoria to Early Refit

Queen Victoria (Photo courtesy of Cunard Line)

Cunard’s Queen Victoria to undergo multimillion dollar refit at Blohm & Voss Shipyard in January 2015, nearly one year ahead of its planned December 2015 maintenance. Cunard Line announced last week that its liner Queen Victoria will enter the Blohm & Voss Shipyard in Hamburg


BOEM to Modernize Financial Assurance and Risk Management

Walter Cruickshank, Ph.D., Acting Director

  The Bureau of Ocean Energy Management (BOEM) today issued an Advanced Notice of Proposed Rulemaking (ANPR) on Risk Management, Financial Assurance, and Loss Prevention to seek public input as it considers modernizing its risk management program and bonding regulations for offshore oil and


Japan Imposes Asset Freeze on N.Korean Shipping Firm

Japan on Friday froze the assets of the operator of a North Korean ship seized for smuggling arms, the Foreign Ministry said, just as Tokyo is engaged in talks with Pyongyang to return Japanese citizens kidnapped by North Korean agents decades ago.


DNV GL Revisits Offshore Oil & Gas Risks

Rig spindle valve release: Photo courtesy of DNV GL

In the first issue its 'Perspectives' online magazine DNV GL’s Graham Bennett points out that the Macondo incident has cast a spotlight on well control standards and the need for more consistency in training. Offshore oil and gas activities are not, by nature, inherently safe


US Finalizes Overhaul of Natural Gas Export Reviews

The U.S. Energy Department has finalized a plan to revamp its process for approving liquefied natural gas exports, and as originally proposed the changes eliminate conditional approvals for LNG projects. Beginning Thursday, the department will only issue final rulings on whether exports are in


Weak Drybulk Market Hurts VLCCF Results

Highlights Knightsbridge reports net income of $6.3 million and earnings per share of $0.14 for the second quarter of 2014. Knightsbridge reports EBITDA of $10.5 million and EBITDA per share of $0.24 for the second quarter of 2014.






 
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