Iranian state shipping company IRISL’s new general cargo service makes first call at C. Steinweg’s Süd-West Terminal in Hamburg During the first call by its new general cargo service, representatives of state shipping company IRISL – Islamic Republic of Iran Shipping Lines – joined staff of the Peter W. Lampke shipping agency and Terminal C. Steinweg in welcoming the Captain and crew of the SEVGI on May 17. The new general cargo service will call monthly at Hamburg as the only port in Germany, transporting conventional general cargo in addition to containers. The multipurpose vessels deployed are equipped with shipboard cranes. Apart from Iranian ports, the new service linking ports on the Persian Gulf with others in Northern Europe will call at additional ports in the Middle East when required. The last previous clearance of one of IRISL’s conventional vessels had taken place at C. Steinweg’s Süd-West Terminal in Hamburg in May 2010. In recent years, international trade sanctions limited Iran to importing goods not affected by export restrictions. Calls by the Iranian state shipping company’s vessels in European ports were not permitted. Thanks to the resumption of foreign trade activities with Iran, especially in the export area, C
The National Shipping Company of Saudi Arabia (Bahri) sells 'Saudi Diriyah' for recycling. The sale of the general purpose cargo vessel raised the sum of SAR. 30,257,136 generating a net gain of SAR 19,523,391 after deducting its book value and all expenses associated with the sale. Bahri mention that they had previously announced the signing of six ship building contracts to acquire six new general cargo vessels to replace the older fleet in this sector which have completed their useful life
Bahri announce the Interim Consolidated Financial Results for the 12-month period ended 31st December, 2012. The National Shipping Company of Saudi Arabia (Bahri) report that Net profit, for the 12-months totaled SAR 500.4 million compared to SAR 287.7 million for the corresponding period for the year 2011, an increase of 74 %. However, Net profit, for the fourth quarter was down and totaled SAR 73 million compared to SAR 113
The Georgia Ports Authority (GPA) has instituted a new tracking system to process breakbulk cargo more quickly, and provide real-time freight tracking for GPA and its customers. "The new system means faster service and better communication with our breakbulk customers," said GPA Executive Director Curtis Foltz. "It is another facet of our ongoing effort to improve GPA operations and reduce the transit times of cargo flowing across our docks."
NORDANA Project and Chartering (NPC) and Rickmers (Japan) Inc. announced jointly that Rickmers (Japan) Inc. was nominated as sole General Agent of NORDANA Project and Chartering in Japan effective from June 15, 2015. NORDANA’s name is taken from its NORwegian and DANish background. The company started business in 1957 and its Asian Head Office is located in Thailand. Nordana is part of the Weco Group which consists of amongst others tankers (StenaWeco), RoRos
Wilhelmsen Ships Service has appointed a new General Manager for Canada. Brian Philip joins the leading worldwide ships service network. He will drive what is expected to be significant growth in Canada by developing and strengthening the company’s ability to deliver a full range of Wilhelmsen Ships Service’s offers. Brian brings with him extensive experience from the logistics industry, where he has held several key commercial management positions
The Pentagon is widely expected to clear the proposed $2.1 billion merger between the two remaining U.S. builders of nuclear submarines and aircraft carriers, eliminating prospects of any future competition between former rivals. Defense Department officials recognize the peculiarities of the situation faced by General Dynamics Corp. and Newport News Shipbuilding Inc., according to antitrust lawyers, industry consultants and Wall Street analysts. With only one major customer -- the U.S
The PVA convention General Session, scheduled for Monday, February 15, from 9:00 a.m.-10:00 a.m. will feature Jim Zitek with his presentation, “Economic Conflict: Are We on the Road to Recovery in 2010?” Jim Zitek, an expert on finance and the economy will help provide clarity in a world of economic confusion. He will help eliminate your frustration by exploring the three major approaches economists use to analyze the economy
WASSP Ltd has announced the expansion of the company’s senior management with the appointment of Ian McDonald as General Manager. The role is a newly created position and will see Mr McDonald overseeing WASSP’s international sales & marketing strategy for their multibeam sonar products. Originally from Glasgow, Scotland, Mr McDonald has vast experience in the marine and offshore sector and has worked with over 300 technology and life science companies and research
General Dynamics NASSCO Awarded $104 Million Contract Modification for USS Comstock (LSD 45) Modernization. General Dynamics NASSCO has been awarded a $104 million contract modification from the U.S. Navy to renovate and modernize the dock landing ship USS Comstock (LSD 45). General Dynamics NASSCO is a business unit of General Dynamics (NYSE: GD). General Dynamics NASSCO received funding to begin modifications to USS Comstock (LSD 45) in April 2012 and began performing
Global Maritime Consultancy & Engineering has introduced a new set of policies and procedures to support its Dynamic Positioning (DP) activities. The new procedures will ensure continued excellence and consistency across all Global Maritime’s global DP operations.
Elomatic Ltd and Deltamarin Ltd have signed a tri-party engineering contract with shipbuilder MV Werften for the design of Star Cruises’ new Global Class “mega passenger ship,” which, once completed, will be the largest passenger vessel ever built in Germany.
Marking its seventh ship delivery in the span of just over a year, General Dynamics NASSCO has delivered the newly built ECO Class tanker Garden State for American Petroleum Tankers. Garden State was delivered during a special signing ceremony and is one of three classes of ships
Maersk subsidiary Seago Line has introduced a new vessel to its recently created feeder service calling at Liverpool. The Independent Accord has already started operating on the new cargo route between Algeciras-Liverpool-Dublin that began in April.
GAC Russia said it is expanding eastwards with the opening of new branches at Nakhodka and Yuzhno-Sakhalinsk to meet demand for shipping services as opportunities open up in Far East. According to GAC Russia, this means it is the only ship agent with a presence throughout the
The Korean Register has announced that it has successfully completed a feasibility study for the conversion of an 8,600 teu containership into a 10,000 teu vessel. This new capacity specification was developed in response to a shipping company’s desire to adapt to recent shipping
General Dynamics Electric Boat has been awarded an $18.9 million contract modification for the continued development of the Virginia Payload Module (VPM). The funds will be used to procure two VPM pre-production setups to support the manufacturing start of the VPM payload tubes
While U.S. ports have been busy, overall the beginning of the shipping season has been slower than anticipated. “Although the overall cargo numbers remain down when compared to the same time frame last year, in June we were above the five-year average,” said Betty Sutton
Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination Agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals. Besides the Business Combination Agreement (BCA) between the
Blohm+Voss has appointed Jean-Gabriel Tridon as General Manager and Dieter Pladeck as Finance Director for its new maintenance and refit facility in La Ciotat in the south of France. The company has filled the two management positions only two weeks after winning the local tender of La
Hapag-Lloyd and UASC have signed a Business Combination Agreement. The Combined company will rank among the world´s five largest liner shipping companies and will operate one of the most modern fleets in the industry / Company will operate 237 vessels with total transport capacity
New ship orders placed at Japanese yards fell by 80% during H1 2016 compared to H1 2015, according to data from the Japan Ship Exporters' Association (JSEA). According to ALIBRA Weekly Market Report , this is the worst decline since the autumn of 2008 in terms of gross tonnage
Investments in energy efficiency improvements offer cruise and ferry and merchant vessel operators an opportunity to reduce operating costs and emissions while building a more sustainable brand image, says Wärtsilä Corporation.
The Annual General Meeting of BOURBON shareholders held on May 26, 2016 approved the payment of the dividend for 2015 of €1.00 per share and that each shareholder can choose to receive the dividend either in cash or in new shares. The period for exercising the option ran from June 15
Marine technologies and system integrator Elcome International has signed fleet service agreements with two major ship operators in the Middle East, the company announced today. Elcome will provide shore-based maintenance and service for navigation