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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


US Freedom of Navigation Ops Targeted 13 Countries Last Year

The U.S. military carried out freedom of navigation operations against 13 countries last year, including several against China for what it views as excessive claims to maritime and airspace jurisdiction, the Pentagon said in an annual report on Monday.  


Ingalls Begins Building US Navy Destroyer

Cmdr. Dave Murray, post-delivery officer for the U.S. Navy’s DDG 51 program, presses the button to start fabrication of the Ingalls-built destroyer Frank E. Petersen Jr. (DDG 121). Photo by Lance Davis/HII

Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division marked the start of fabrication for the Arleigh Burke-class (DDG 51) destroyer Frank E. Petersen Jr. (DDG 121) for the U.S. Navy. The start of fabrication signifies that 100 tons of steel have been cut.  


Fincantieri Delivers Carnival Vista

Carnival Vista is the largest ship ever built for the Carnival Cruise Line’s fleet Photo Fincantieri

Carnival Vista, the new flagship of the fleet of Carnival Cruise Line, brand of the Carnival Group, was delivered today at Fincantieri’s shipyard in Monfalcone. The ship was presented yesterday evening during a ceremony which was attended, among others


Shipping Industry Flying On The Dragon’s Back

Graph: Clarksons Research

 As the many Greek players in the shipping industry know well, the legend of Icarus tells us the dangers of flying too high. Merchant vessel earnings eventually found their 2008 heights just as unsustainable, even as some talked of a “new paradigm”.  


US, Canadian Coast Guards Leaders Discuss Partnership

Julie Gascon, Assistant Commissioner of the Canadian Coast Guard’s Central and Arctic Region and Rear Adm. June Ryan, the commander of the USCG 9th District met with their employees aboard Coast Guard ships and a CCG helicopter in Sault Ste. Marie Ontario and Sault Ste. Marie Michigan March 21 2016. (Photo credit: USCG)

Rear Adm. June E. Ryan, commander of the U.S. Coast Guard Ninth District, was welcomed aboard the Canadian Coast Guard Ship Samuel Risley by Assistant Commissioner Julie Gascon and Captain Signe Gotfredsen of the Canadian Coast Guard, Central and Arctic Region Monday.  


Fincantieri Delivers Koningsdam to Holland America Line

Koningsdam (Photo: Fincantieri

 Holland America Line’s newest ship Koningsdam was delivered today at Fincantieri’s shipyard in Marghera. The new ship will officially be presented on Saturday April 2 in a Handover Ceremony.   At 99,800 gross tons, almost 300 meters long, with accommodation for up to 2


First Saltie of 2016 Due for Port of Duluth-Superior

The first saltie of the 2016 season, the Albanyborg, is underway and expected to sail into the Port of Duluth-Superior this weekend. ETA is approx. 5 p.m. Sunday, April 3. The ship will pass through the Duluth Ship Canal and beneath the Aerial Bridge before making its way to the Clure Public


This Day In Naval History: April 12

USS Mason (DDG 87). (U.S. Navy photo by Cliff Steenhoff)

1861 - The Civil War begins with Confederates firing on Fort Sumter, S.C. The Union Navy plays an integral part blockading Confederates, keeping them diplomatically and economically contained from other nations.   1911 - Lt. Theodore Ellyson completes his aviator training at the Glenn


Liberia is Top Open Register for Greek Shipowners

Scott Bergeron (Photo: LISCR)

Figures released by the Greek Shipping Co-operation Committee (GSCC) show that Liberia has cemented its position as the undisputed leading open registry of choice for Greek shipowners.   The GSCC statistics show that, in the year to end-March 2016


This Day In Naval History: April 15

USS Yorktown (CV 10) (U.S. Navy photo)

1912 - The scout cruisers USS Chester (CL 1) and USS Salem (CL 3) sail from Massachusetts to assist RMS Titanic survivors, and escort RMS Carpathia, which carried the survivors of the Titanic, to New York. 1914 - USS New York (BB 34) is commissioned.


This Day In Naval History: April 18

1848 - U.S. Navy expedition to explore the Dead Sea and the River Jordan, commanded by Lt. William F. Lynch, reaches the Dead Sea.   1906 - U.S. Navy assists in relief operations during the San Francisco earthquake and fire. Sailors and Marines fight fires and ships carry the homeless and


Face Off: Russia, NATO Maritime Incidents in the Baltic

Pic: Russian Navy

 Last week's frightening incident in the Baltic Sea, where Russian warplanes repeatedly buzzed the destroyer USS Donald Cook over a two-day period, left many Americans wondering why the U.S. Navy didn't simply splash the SU-24 attack aircraft.  


Indian Navy Plane Thwarts Pirate Attack

P-8I. Photo: Indian Navy

 The Indian Navy, with the help of its long-range anti-submarine warfare aircraft, has thwarted a "piracy" attempt in the Western Arabian Sea, 800 nautical miles off Mumbai, targeted at a merchant vessel.   According to a report in the Times of India, the P-8I


US: China's South China Sea intentions Raise Tension

File Image: A Military Sealift Command tanker refuels a U.S. Navy warship. U.S. Naval ships have recently passed in close proximity to disputed islands and waters in the South China Sea. (credit: MSC)

A top U.S. official on Thursday said China's land reclamation and militarisation in the disputed South China Sea was raising tensions and serious questions about its intention. On a visit to Vietnam, U.S. Deputy Secretary of State Antony Blinken said Washington would continue to play a


This Day In Naval History: April 25

The crew of the guided-missile destroyer USS Truxtun (DDG 103) mans the rails after bringing the ship to life at the ships commissioning ceremony. (U.S. Navy photo by Rebekah Blowers)

1862 - Union Flag Officer David G. Farraguts fleet sails into New Orleans, La., after long preparation and fierce battles while passing through the Confederate defenses of Fort Jackson and Fort St. Philip the previous day.   1914 - In the first use of U.S






 
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