Regs4ships announced the launch of our 19th flag to its Digital Maritime Regulations (DMR) product. From July 18, 2014 Regs4ships will be able to offer a Luxembourg regulations product that contains all relevant flag state documentation along with digital copies of SOLAS, MARPOL and STCW, ILO Conventions and EU legislation. This new product will enable customers to have access to Luxembourg Legislation, Circulars, MLC Documents and Forms as well as the following additional documents: Cluster Maritime Reports and VIMSAS Final Report. Customers will also have the option to subscribe to additional IMO and International Regulatory Guidance, Codes and Conventions including the IMDG Code. Regs4ships already supplies flag state regulations to the largest ship owners and managers globally. We have successfully targeted fleets flagged to 18 of the world’s most popular flag states and we are expecting to have as much success with our new Luxembourg digital product. DMR is recognized by flag states and the IMO as being digitally equivalent for the carriage of nautical publication requirements.
Comsat Mobile Communications(CMC), a unit of Lockheed Martin Global Telecommunications, has teamed with the United States Coast Guard and National Oceanic and Atmospheric Administration (NOAA) to offer free Amver/SEAS (formerly Automated Mutual-assistance VEssel Rescue / Shipboard Environmental-data Acquisition Systems) messaging to mariners that use COMSAT-C satellite messaging service. CMC recently distributed more than 2
Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes, announced today its financial and operating results for the third quarter and nine month period ended September 30, 2007 and declared a quarterly dividend of $0.20 per share for the third quarter 2007. Total revenues for the third quarter 2007 amounted to $43.2m as compared to $32.7m for the same period in 2006
Defence IQ releases Survey Data for Maritime Reconnaissance & Surveillance Study which explores the key threats to global maritime operations. The report, based on a survey of 114 defence professionals from within the maritime domain, also examines the key areas for growth and investment in the market. Furthermore, the study underscores piracy as a key issue within the maritime community and considers what impact counter-piracy operations are having.
The Swedish Register of Shipping is not competitive, and it will probably never be, according to a new report. The report from the governmental Trafikanalys recommends that there should be less focus on rebuilding a fleet under the Swedish flag in future, according to Maritime Denmark and Sjöfartstidningen. A number of Swedish ships are flagged out to Denmark, while the Faroe Islands has attracted many former Swedish vessels
Greece-based shipowners Excel Maritime reports results for the second half and year-ended December 31, 2012, re-n For the year ended December 31, 2012, Excel reported voyage revenues of $242.0 million compared to voyage revenues of $353.4 million for the year ended December 31, 2011. Corporate highlights The Company is currently in advanced restructuring discussions with its lenders under its syndicated credit facility, dated as of April 14, 2008 (the “Syndicate Lenders”)
Global oceanborne commerce is expected to continue to grow three to four percent annually over the next several years, according to a new report released by three agencies of the U.S. Department of Transportation. U.S. international waterborne trade, which accounts for about 20 percent of the global total, is also expected to grow at a similar rate. The report, Maritime Trade and Transportation, 1999, is a result of an ongoing cooperative effort by the Bureau of Transportation Statistics
China's largest ever maritime search-and-rescue exercise, involving 400 people, 28 fleets, two helicopters and an aircraft, was carried out on Thursday in the waters near Dalian Port, northeast China's Liaoning Province. The exercise started when a collision between a passenger ferry and a cargo boat was reported and the National Maritime Rescue Emergency Plan was enacted immediately. The main elements of the exercise, including the rescue of 368 passengers and dozens of sailors
Three scenarios shaping the future of the world’s maritime industries. Report issued at events in Singapore and London indicates strong growth for the maritime sector in the years up to 2030 and an even bigger role for China in the maritime world, as seaborne trade increases from 9 billion tonnes annually to between 19-24 billion tonnes. Lloyd’s Register, Qinetiq and Strathclyde University has released Global Marine Trends 2030
The UK economy is heavily exposed to lawlessness off the coast of Nigeria, a new report published today by the UK Chamber of Shipping says. The report found that almost all of the UK’s annual £6.3bn of trade with the region is put at risk by being moved through the high maritime crime region of the Gulf of Guinea, including 12% of the UK’s oil. Guy Platten, Chief Executive of the UK Chamber of Shipping
The Shipping Corporation of India Ltd (SCI), India’s largest shipping company and a Government of India Public Sector Undertaking having reported losses for last three financial years has made a dramatic turnaround, reporting a net profit of Rs. 200
Private equity-backed tanker operator Gener8 Maritime filed with the U.S. Securities and Exchange Commission (SEC) to proceed with an initial public offering worth up to $100m. The company was created in February 2015 via the merger of General Maritime and Navig8 Crude.
A fighter jet operated by Libya's military force backed attacked an oil tanker that was about to anchor in the northern city of Sirte, reports local media. Lt Gen. Saqr al-Garrouchi, the commander of Libya's Tobruk parliament and government-backed air force
The Dubai Maritime City Authority (DMCA) is in the final stages of completing the rules for the first maritime arbitration centre in the Middles East: the Emirates Maritime Arbitration Centre (EMAC) says Al Tamimi & Company, Advocates and Legal Consultants.
Maritime software solutions provider Oceans HQ Ltd has announced a partnership with the Gibraltar Ship Registry (part of the Gibraltar Maritime Administration), ahead of new STCW requirements for online access to seafarer certification data which come into force in 2017.
Annual Maritime Professional Training scholarship program to provide local Boys & Girls Clubs of Broward County youth with opportunity to explore career in the professional maritime sector; grant to cover all necessary funding and associated costs for recipients to pursue their studies
The Maritime and Port Authority of Singapore (MPA) said it is “deeply concerned” in regard to the reported shooting incident on May 14, 2015, involving a Singapore-registered tanker Alpine Eternity in international waters.
The Bolivian-registered Ocean Line 208 vessel, which was carrying sand, was hit by a huge wave at 4.20am today early morning and 14 people are feared to have drowned. The barge carrying sand from Pengerang in Malaysia overturned after being hit by strong waves off Timur Tanjung
Expanded premises for the World Maritime University (WMU) were inaugurated on Monday, May 19, 2015 in Malmö, Sweden, by IMO Secretary-General and WMU Chancellor Koji Sekimizu. WMU is an international educational institute for the maritime community, operating under the auspices of IMO
Danish marine electronics company Danelec Marine informs it will oversee a working group in the European Union (EU) EfficienSea2 maritime innovation project designed to increase safety of navigation and efficiency at sea. The EU this month approved and set aside $11 million to fund
China has denied it is involved in work on the Kra canal, defusing hype over a project that purportedly lets ships bypass the Strait of Malacca and Singapore's port, reports Strait Times. There are no plans by the Chinese government to participate
China's land reclamation around reefs in the disputed South China Sea is undermining freedom and stability, and risks provoking tension that could even lead to conflict, U.S. Deputy Secretary of State Antony Blinken told a conference in Jakarta.
Globavista drives greater efficiency in vessel fleets by providing enhanced operational intelligence to fleet managers with new software product updates, the developer announced. Globavista is a vessel tracking and monitoring product enhanced with a new User Interface allowing the
Navios Maritime Holdings, vertically integrated seaborne shipping and Logistics Company, slumped to a loss in the Q1 although the result beat by $0.10 per share the average estimate of analysts who had forecast red ink for the dry bulk company.
HSH Nordbank AG, the world’s second-largest financier of ships, plans to split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, reports Reuters. The city of Hamburg was willing to inject billions of euros in