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Minoan Flying Dolphins To Order Three Ferries

Minoan Lines subsidiary Minoan Flying Dolphins will reportedly order three more high speed ferries at a cost of $150 million, bringing its total newbuildings to eight. The three new ferries will have a cruising speed of 30 knots and are expected to be delivered in Summer 2001, doubling the company's fleet of high speed ferries. Each of the ferries will be 459 ft. (140 m) long and have a capacity of 1,800 passengers and 250 cars, or 40 trucks and 100 cars.


Minoan Buys Four Ferries

Minoan Flying Dolphins acquired four ferries operating on routes to the Cyclades islands and the Argosaronic gulf. The vessels, which link the port of Piraeus with Paros, Naxos, Ios and Santorini with route extensions to Sikinos, Astypalea and Folegandros are expected to contribute about $7.9 million in revenues to the firm's total turnover. The latest purchases bring the company's total fleet to 67 vessels.


Minoan Lines Expects 58% Profit Increase In 1999

Minoan Lines expects its group 1999 profit to grow 58 percent to $49.4 million. Company officials said that revenues from its Greece to Italy routes in the first 10 months of the year were up 15.1 percent to $71.9 million. Total revenues in the same period from its international routes were up 9.5 percent to $90.9 billion. "Based on the 10-month results, Minoan Lines managed to achieve significant revenue growth despite the Kosovo crisis which affected the first half results


Greek Ferry Exec Plunges To His Death

A senior executive at the shipping company which owned a Greek ferry that sank in September killing 80 people, plunged to his death from the sixth floor of his office building on Wednesday, Reuters reported. Police said Pantelis Sfinias, vice president of the board of directors of Minoan Flying Dolphins, a subsidiary of Minoan Lines, was seen by passers-by and employees stepping off the building in the port of Piraeus


Minoan Ferry Sinking Cited as Worst Maritime Disaster in 35 Years

Rescuers pulled bodies from the Aegean sea on Wednesday as the death toll from Greece's worst maritime disaster in 35 years climbed to at least 62. The ferry Express Samina ran into a rocky islet off the holiday isle of Paros and sank in gale-force conditions late on Tuesday. Hundreds of Greek and foreign passengers were hurled into the rough waters. Twenty-nine people were missing, the Greek Merchant Marine Ministry said.


New & Notables

Derecktor Delivers Catamaran Ahead Of Time Derecktor Shipyards delivered its 299 ft. (91 m) high speed catamaran, Flying Cloud, to Woods Hole & Martha's Vineyard Steamship Authority. Completed one week ahead of schedule, the vessel will be used for year-round passenger and vehicle ferry service to the islands of Martha's Vineyard and Nantucket. Attaining an excess of 39 knots during sea trials, Flying Cloud demonstrated high stability and ride comfort due to its dynamic ride control


Fire On Greek Ferry

A fire in the engine room of a Greek ferry carrying 531 passengers and 111 crew from Venice to the Greek port of Patras left the vessel out of control near the Italian coast, the Merchant Marine Ministry said. It said no one on the ferry Aretoussa, owned by Greece's Minoan Lines, was injured in the fire, which was quickly extinguished by the crew. - (Reuters)


Minoan Lines Orders Ferry From Samsung

Passenger shipping firm Minoan Lines has reportedly placed an order for a third ferry with Korean shipyards Samsung, to be delivered in May 2001. The vessel will enter service on the Piraeus-Chania route. The ferry will have a full-weight cruising speed of 28.25 knots and a capacity of 1,500 passengers and 1,000 cars or 150 lorries, it said in a statement. It will cruise between Piraeus and Chania in five hours.


Minoan Profits Fall 82 Percent

Greek ferry operator Minoan Lines said profit in 2000 fell 82 percent to 3.0 billion drachmas versus 16.8 billion in 1999. "The difference in the level of net profit this year is due to the extraordinary gains from the sale of old ships in 1999 which added around 8.5 billion drachmas," Minoan said. Sales in 2000 reached 46.6 billion drachmas against 46.3 billion in 1999, it said. - (Reuters)


Sunreef Hull Completed

DSC_5270_web.jpg

Most of the aluminium hull construction of one of the largest luxury catamarans in the world, the Sunreef 114, has been completed at Sunreef Yachts of Poland. This 31 ton, 114 ft lopng hull was turned and repositioned inside the shed so that the hull structure can be straightened and the next phase of the building process can be started. At present, a number of construction tasks are being performed simultaneously: the fly-bridge is being built and will be shortly assembled with the


Windstar Runs Aground in Panama, Cruise Cancelled

Pic: Windstar Cruises

 The luxury cruise operator Windstar Cruises will drydock ship following last week’s grounding in a remote region of Panama.   Windstar reports that Star Pride experienced a grounding while coming into anchor at Isla de Coiba, Panama


Harry S Truman CSG Launches First OIR Missions

An FA-18F Super Hornet, assigned to the Jolly Rogers of Strike Fighter Squadron (VFA) 103, launches from the flight deck of the aircraft carrier USS Harry S. Truman Photo USN

   Strike aircraft from nuclear powered aircraft carrier USS Harry S. Truman (CVN 75) flew their first missions in support of Operation Inherent Resolve (OIR), the fight to destroy the ISIL terrorist organization, Dec. 29. Truman and embarked Carrier Air Wing (CVW) 7 join French


New Entry Criteria for vessels calling French Ports

Image: CMA CGM Group

 The French State has implemented new provisions regarding tax exemptions on commercial vessels of at least 15 meters in length, including yachts.    The provisions came into force on the 1st January 2016. These provisions can be found in the Official Bulletin of the Tax-Public


FUGRO Wins BHP Pyrenees Contract

Photo: FUGRO

Fugro has been awarded a contract by BHP Billiton Petroleum Pty Ltd for the Pyrenees Phase 3 Installation Project.   The Pyrenees development is located offshore Western Australia, in approximately 200 metres water depth, 45 kilometres northwest of Exmouth


China: No Militarization of South China Sea

China has not militarised the South China Sea, but there are certain countries which keep flexing their muscles who should stop hyping up the issue, China's Foreign Ministry said on Wednesday. Ministry spokeswoman Hua Chunying made the comments at a daily news briefing after U.S


Taiwan Boosts Coast Guard Presence on Disputed Island

Taiwan will increase its coast guard presence on a small island in the disputed South China Sea Spratlys, the coast guard chief said Wednesday, as rival China asserts its claims to the same chain. Taiwan has largely kept out of disputes between China and its neighbours in the South China Sea


Nearly 120 Hurt in Hong Kong Ferry Collision

TurboJet ferry docked in Hong Kong. Photo: Hong Kong Tourism

 Approximately 120 people were injured when a high-speed jetfoil heading from Macau towards Hong Kong hit an “unidentified object” last night south of Lantau Island.   The injured, aged between six and 83, were sent to seven hospitals, with 87 discharged as of this morning


White House: US Will Fly, Sail Where Law Allows

U.S. freedom-of-navigation operations, including one in the South China Sea on Tuesday, do not assert any unique rights, the White House said on Tuesday, adding that the United States will fly and sail anywhere international law allows.  


RAN, French Navy Hold Joint Exercises in S. China Sea

HMAS Stuart sailors stand at ease on the forecastle as they and HMAS Arunta prepare to come alongside in Zhanjiang, China.

  HMA Ships Arunta, Stuart and Sirius, have rendezvoused at sea with the French frigate FNS Vendemiaire as part of a Royal Australian Navy Task Group deployment to North and South East Asia.   Following successful port visits to Zhanjiang, China


U.S. & China: U.S. Must Invest in Maritime to Avoid “Sea Strangulation”

(Image: HHI // CSCL)

A new study examines the steady decline of the U.S. Merchant Marine fleet, which today numbers less than 100 vessels in international trade, and warns that U.S. global competitiveness and maritime security -- particularly in light of a fast-emerging China -- is at grave risk unless investment is


Norwegian Escape with Biggest Scrubbers sets Sail

Norwegian Escape  Photo Norwegian Cruise Line

  On a sunny October day in the German harbor-town of Hamburg, M/V Norwegian Escape, a brand new cruise ship, sets sail for the first time. On board are five Yara SOx scrubbers – one for each engine. The scrubbers ensure that the cruise is not just pleasurable


Turkey Summons Russian Envoy Over Alleged Rocket Launcher on Ship

Turkey summoned the Russian ambassador on Monday after accusing Russia of a "provocation" after a serviceman on the deck of a Russian naval ship allegedly brandished a rocket launcher while the vessel passed through Istanbul at the weekend.  


Ship of Turkish President's Son Implicated in ISIS Oil Trade

Image by BMZ Group

 According to the Independent, oil tankers owned by Bilal Erdogan, son President Erdogan, has involved in the illicit  oil trade with  Islamic State (ISIS). The ships are  registered in Malta and all fly the Maltese flag.  


FUSION Sponsors Boat Builders Award

Logo Credit Fusion

  FUSION Entertainment,the worldwide leader in marine-audio engineering, announced today it has sponsored the Innovative On-Board Design Solution Award at the inaugural Boat Builder Awards, during the Marine Equipment Trade Show (METS) in Amsterdam, The Netherlands


Drone Technology Aids Antarctic Ship Operations

Australian UAV Director James Rennie prepares the drone on the aft deck of the Aurora Australis (Courtesy Australian UAV)

   A quadcopter drone has helped navigate the Aurora Australis through the sea ice on its annual resupply voyage to Casey station. Flown off the aft deck of the ship, the unmanned aerial vehicle (UAV) provided the crew with real-time imagery of the sea ice conditions ahead of the ship






 
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