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 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 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
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
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.
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
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)
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.
The President of the European Parliament, Hans-Gert Pöttering, officially signed a European Parliament and Council Regulation that represents an important response to offshore tanker accidents and will lead to better protection of the seas and the environment. Under the new regulation, oil tankers transporting heavy oils will only be allowed to fly the flag of a European Union member state if they are double hulled. In addition, regardless of what flag they are flying
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)
The oil tanker “Energena’ managed by Gulf Stolt Ship Management and currently undergoing maintenance at Drydocks World, will become the first commercial vessel to sail under the UAE flag , reports 'Trade Arabia'. The Tasneef (Emirates Authority for Classification) classification
Today in U.S. Naval History - December 3 1775 - Lt. John Paul Jones raises the Grand Union flag on Alfred. First American flag raised over American naval vessel. 1940 - President Franklin D. Roosevelt embarks on USS Tuscaloosa (CA-37) to inspect bases acquired from Great Britain under
The European Community Shipowners' Associations (ECSA) and the International Chamber of Shipping (ICS) note in a recent report that the use of private armed guards has increased in recent years and become a necessity to ensure safe passage through the risky waters of the Gulf of Aden.
The Royal Navy’s amphibious aircraft carrier HMS Illustrious arrived in the Philippines on 25 November, 2013, after a short stop in Singapore to load up 500 tonnes of humanitarian aid under the direction of the UK Department for International Development (DFID).
The Cleveland-Europe Express Ocean Freight Service will be the only scheduled international container service on the Great Lakes when it kicks off in April 2014. “Currently, local manufacturers use East Coast ports to ship goods to Europe
From personal submarines and motorized surfboards to megayachts and boats for every budget, the 54th Annual Fort Lauderdale International Boat Show® (FLIBS) has them all. Covering six locations and featuring everything from astonishing super-yachts and extravagant toys to boats for every
The funeral of the United States' fourth astronaut to fly in space, and the second to orbit the Earth, U.S. Navy Cmdr. Malcolm Scott Carpenter (retired), was held at St. John's Episcopal Church in Boulder, Colo., with full military honors.
Today in U.S. Naval History - November 5 1775 - Commodore Esek Hopkins appointed to Commander in Chief of the Continental Navy. 1915 - In AB-2 flying boat, L.Cdr. Henry C. Mustin makes first underway catapult launch from a ship, USS North Carolina, at Pensacola Bay, Fla.
When Sandy struck New York and New Jersey in October 2012, Foss applied lessons learned from the 2010 Haiti earthquake. A year after Hurricane Sandy struck America's East Coast, the federal government has honored Foss Maritime Company for its part in critical relief work.
The RTS Lab in Tehran, Iran, has successfully tested its Pars Rescue Robot which has the ability to quickly locate drowning victims in the ocean and launch life-preserver floats to them, reports Robots.Net. The robot’s tests were carried out in August 2013 over the Caspian Sea
American rescuers and a Chinese seafarer have been presented with the International Maritime Organization (IMO) Award for Exceptional Bravery at Sea 2013, during a special ceremony held on November 25, 2013 at IMO Headquarters in London.
The Australian Antarctic Division has rescheduled its early season voyages with the icebreaker Aurora Australis delayed in heavy ice conditions off the Antarctic coast. The ship is in heavy ice about 180 nautical miles off Davis station, returning from resupplying the station and delivering
Northrop Grumman Corporation has delivered the second MQ-8C Fire Scout unmanned helicopter to the U.S. Navy after completing final assembly at the company's unmanned systems center in Moss Point, Miss. The aircraft is joining the first one delivered to Naval Base Ventura County, Point Mugu, Calif
A new direct passenger car ferry service linking Dublin with the French port of Cherbourg is being introduced by Irish Ferries with the first sailing departing from Dublin on January 18. The once-weekly, year-round service – which the company’s head of passenger sales Dermot
With more than a dozen patrol boats and a fireboat built by Gladding-Hearn Shipbuilding, Duclos Corporation and operating in New York Harbor, the NYPD’s Harbor Unit turned again to the Mass.-based shipyard for five new patrol/rescue boats, three 61-footers and two 70-footers