Aries Maritime Transport Limited announced that it has withdrawn the Bora, a 2000- built double-hull products tanker, from the vessel's charter with PDVSA, and is currently marketing the vessel for a new charter. Mons S. Bolin, President and Chief Executive Officer, commented, "Rates for products tankers remain firm and we are actively pursuing a new charter for the Bora in the international market. We remain committed to employing our vessels on period charters with leading charterers in order to provide shareholders with a stable revenue and dividend stream."
BSEE is providing updated guidance for the current and future hurricane seasons through a Notice to Lessees (NTL) released July 27, 2015. NTL 2015-G02 clarifies reporting requirements related to personnel evacuation, production curtailment, and shut-in activity. These reports are received and processed within BSEE’s hurricane response team and is required to help mitigate risks associated with hurricanes and tropical storms on the Outer Continental Shelf (OCS).
Aries Maritime Transport Limited announced the Ostria, a 2000-built products tanker, has returned to service effective January 13, 2008 following the completion of previously announced repairs and preventative maintenance works. The vessel is currently deployed in the spot market as the Company explores period charter opportunities. Aries has received an initial payment of approximately $850,000 in respect to its claim under repairs insurance for the Ostria
At the 5th Annual International Maritime Awards, presented at ShipTek, ABS received Marine BizTV’s award of Best Classification Society. The occasion marks the second year the society received the award. “Service delivery is paramount to our classification society,” said ABS Regional Vice President, Middle East Region, Joe Brincat. “We have maintained our focus on providing additional technical and software services to enhance our class services
Royal Caribbean Cruises Ltd (RCL) recognized as one of the top 100 companies in the world for its sustainability practices. The NASDAQ OMX CRD Global Sustainability Index is designed to track the performance of companies that are taking a leadership role in sustainability performance reporting. These companies have voluntarily disclosed their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity
The rising demand for cleaner and flexible energy from two emerging major economies, China and India, may keep the petrochemical market tight, although the shale gas boom in the US is disturbing energy markets around the world, considers the International Energy Agency's (IEA) 'World Energy Outlook, 2013'. Large differences in regional energy prices are set to affect industrial competitiveness, influencing investment decisions and company strategies
American Superconductor Corporation issued an update on recent advances in the utilization of high temperature superconductor (HTS) wires in electric power applications, including power generation, transmission and distribution, and ship propulsion electric motors. Power Generation: On October 28, GE announced its plans for the development of high efficiency electric generators based on high temperature superconductor (HTS) wires (see
With an expanded profile and vast interest from the marine industry, this year's Asia Pacific Maritime is scheduled to be the largest ever since its commencement in 1990. The exhibition, which will be held from September 5-7, 2001 and organized by PSA Exhibitions and Reed Exhibition Companies, is expected to draw key industry members from more than 500 companies worldwide. International participation is from 12 country groups — including Belgium, China, Denmark, France and Norway.
Fire Controlman 2nd Class Andrew Jackson, a native of Ray Town, Mo., launches a Standard Missile-3 (SM-3) from the Combat Information Center aboard the Ticonderoga-class guided missile cruiser USS Lake Erie (CG 70). Lake Erie fired a single modified tactical Standard Missile-3 (SM-3) and successfully impacted a non-functioning National Reconnaissance Office satellite approximately 247 kilometers (133 nautical miles) over the Pacific Ocean, as it traveled in space at more than 17,000 mph. U.S
Piracy will be the focus of this year’s North American World Maritime Day Observance being held in Tampa, FL on October 27th followed by a US Coast Guard Missions conference on October 28th which will feature panel discussions on the stewardship, safety and security missions of the Coast Guard. Both events will be held at the Marriott Waterside in Tampa and are free and open to the public. North American regional representatives from industry
Top luxury cruise line Regent Seven Seas Cruises says it's investing $125 million to renovate three of its ships. Beginning with Seven Seas Navigator (built in 1999) this spring, the public spaces and suites of the Regent fleet will be updated to match the style of the new
Videotel, a global provider of e-Learning maritime training solutions and a company of KVH Industries, Inc., has released the Videotel Partner API, an application programming interface that facilitates the exchange of data between Videotel and any of its clients’ crew management
The transitional period for the 2010 amendments to the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW 2010) comes to an end on 1 January 2017. To prevent last minute certification ‘logjams’
Webb Institute’s Campaign Cabinet, led by President Keith Michel ’73 and Campaign Chair Joseph Cuneo ’57 announced that $28 million (70 percent) of the $40 million goal has been raised to date in the Campaign for Webb.
NOAA Coast Survey gives commercial navigation systems better tool to receive updated nautical charts. Accessing up-to-date nautical charts on electronic systems and mobile apps is about to get easier, as developers start adopting NOAA Coast Survey's new Chart Tile Service prototype
The Panama Canal Authority (ACP) announced that the first-ever expansion is 96 percent complete. A video of recent progress can be seen here. In line with this, ACP CEO/Administrator Jorge L. Quijano provided a next-step update at an industry event Friday in Panama City.
In a continued effort to provide our customers with reliable and efficient services from Asia to Latin America, CMA CGM wishes to inform about the improvement of ACSA services linking Asia to Mexico, Central America and West Coast South America.
The Chief of Naval Operations' (CNO) Rapid Innovation Cell (CRIC) recently developed a basic prototype for an information system that will promote more collaboration between Sailors and commands during the job detailing process.
Updated Guide includes latest industry standards. [PRESS RELEASE] (Houston) ABS has published a new edition of the ABS Guide for Certification of Lifting Appliances that includes construction and operation of modern lifting appliances.
Sound Energy, the European/Mediterranean focused upstream gas company, is pleased to provide the following update on its Moroccan and Italian gas portfolio. Tendrara, Morocco Further to the recently announced signatures with Schlumberger of both the strategic partnership across
IMO and the World Customs Organization (WCO) have signed a partnership agreement to maintain, update, publish and distribute the IMO Compendium on Facilitation and Electronic Business. The compendium provides essential guidance and standardised forms for electronic exchange of
Coast Survey has issued provisional charts for barge operators and others traversing Alaska's challenging Yukon River, relying solely on satellite images to create the electronic navigational charts that only display shoreline and shoals (shallow areas)
Hapag-Lloyd announces the South East Asia - Australia Service (SAL) update in regards to the recent CustomerInfo in relation to M/V Hanjin Aqua (Voyage 0029N). They were updated by the Average Adjusters that, following the successful refloating
GAC announced a new add-on to its GACtrack, aiming to give more job transparency and greater job control to ship agency customers. As well as being able to view job information from multiple offices on one screen, customers can check costs and export service information; view
The Swedish Maritime Organisation has advised the following ice restrictions in force with effect from 18 January 2016: Karlsborg – Luleå Minimum ice class IB and 2000 dwt Haraholmen – Örnsköldsvik och Ångermanälven