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Provides Update

Aries Maritime Transport Provides Update on the Bora

Aries Maritime Transport Limited announced that it has withdrawn the Bora, a 2000- built double-hull products tanker, from the vessel's charter with PDVSA, and is currently marketing the vessel for a new charter.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."


Aries Maritime Provides Update on the Ostria

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


Royal Caribbean Cruises Added to NASDAQ Sustainability Index

Serenade of the Seas: Photo credit RCL

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


Middle East Remains Only Low-cost Oil Source: New IEA Report

Report frontispiece: Image IEA

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


ABS Wins Classification Award

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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


Maritime World Joins Together at Asia Pacific Maritime 2001

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.


N. American World Maritime Day Observance features Piracy, Stewardship, Safety

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


American Superconductor Provides Update

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


Navy Missile Likely Hit Fuel Tank on Disabled Satellite

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


140 Ships for ChartCo

Columbia Shipmanagement has placed an order with ChartCo Ltd to provide ChartManager services for its complete fleet of 140 vessels. As part of this agreement ChartCo will be providing data services to all vessels under the full technical management of Columbia Shipmanagement (CSM). The services provided will include ChartManager, an update service for digital Notices to Mariners and chart corrections. Delivery of the data will be via ChartCo’s unique broadcast service and ChartCo


Intelligent Fender System Completes Offshore Trial

Photo: Strainstall

Strainstall, part of James Fisher and Sons plc, announced the completion of the world’s first Intelligent Fender System (IFS) trial with energy companies SSE and RWE at Suffolk-based wind farm, Greater Gabbard.   The IFS is an in-house developed technology which aims to provide


Dubai's DP World Eyes Dollar Bond

DP World, one of the world's biggest port operators, wants to issue a dollar-denominated bond and could announce plans to market the deal to fixed-income investors as soon as next week, three sources aware of the matter said on Thursday. The Dubai-based firm could raise between $750 million and


UKHO Launches New ADMIRALTY Digital Radio Signals

Image: UKHO

ADMIRALTY List of Radio Signals, a comprehensive source of information on all aspects of maritime radio communication, is now available in digital format to make it easier to search and update than paper publications.   Together with ADRS 2


RT to Frame Guidelines against Cyber Attacks

  The Round Table of international shipping associations (RT) comprising BIMCO, ICS, Intercargo and INTERTANKO announced today that they are developing standards and guidelines to address the major cyber security issues faced by the shipping industry.


Transas integrates Shipping Guides Port Data

Courtesy of Transas Marine

  Transas Marine has teamed up with Shipping Guides Ltd (UK) to incorporate port data within the Transas Navi-Planner 4000. Having detailed information on ports is essential to fully plan a port call, and adding port data became a logical step in development of this market-leading voyage


ADMIRALTY e-NPs - NMs in Seconds

Image: ADMIRALTY

e-NPs are official ADMIRALTY Nautical Publications in a convenient electronic format. Easy to use and update, theyaim to  bring improved efficiency, accuracy and access to information bridge crews need.   e-NPs offer weekly notices to mariners added in seconds


Port Data Added to Voyage Planning Software

Transas voyage planning software now incorporates worldwide port data   Transas Marine has teamed up with Shipping Guides Ltd (UK) to incorporate port data within the Transas Navi-Planner 4000.   The Navi-Planner Port overlay displays port information for viewing on a chart panel or


ClassNK Releases Steel Ships Rules and Guidance

Classification society ClassNK has released its 2015 Rules and Guidance for the Survey and Construction of Steel Ships.   The 2015 edition’s amendments, made between March 1, 2014 and December 31, 2014, reflect the latest R&D findings, feedback from damage investigations


ECDIS for 28 More Vessels in Caspian Fleet

The Babek owned by Azerbaijan Caspian Shipping Company is one of the vessels due to be fitted with PC Maritime’s Navmaster ECDIS. (Photo courtesy of PC Maritime)

PC Maritime and its Estonian trading partner Marine Technics have won a contract to supply Navmaster ECDIS to 28 Azerbaijan Caspian Shipping Company (ACSC) vessels.   The order follows the operation of Navmaster ECDIS on 13 ACSC vessels over the past three years


The $100m Port Security Grant Scramble

About $100 million will be available to various port authorities, facility operators and state and local government agencies who have developed an Area Maritime Security Plan as part of the 2015 FEMA port security grant program.   Eligibility Criteria is established pursuant to the Maritime


Ship Manager Fined for Emissions Regulations Breach

A ship management company has been fined $283,500 in connection with a breach of clean air regulations in the United States, the International Transport Intermediaries Club (ITIC) has confirmed.   ITIC reports that an inspector of the California Air Resources Board


Lloyd's Launches 2015 Container Certification Scheme

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  Lloyd’s Register launched its 2015 Container Certification Scheme today to give a clear and concise set of rules to ensure offshore and onshore containers are safe and certified correctly.       Aimed at both manufacturers and operators of equipment in the


ABS Updates Guidance on LNG Bunkering

Image courtesy of Harvey Gulf

  ABS has updated its guidance on LNG Bunkering in North America to support the transport sector's increasingly rapid transition to the use of cleaner fuels. The second edition of ABS' Bunkering of Liquefied Natural Gas-fueled Marine Vessels in North America was released today


VesselVanguard wins Chris-Craft Order

CHRIS-CRAFT SELECTS VESSELVANGUARD TO OFFER OWNERS WORLDWIDE THE LATEST VESSEL MAINTENANCE TECHNOLOGY

  Digital Boat Profile and Customer Service Portal Gives Cutting Edge Options for Vessel Management to Boat Owners Palm Beach Gardens, Fla. VesselVanguard, infomred today a new relationship with Chris-Craft to provide a two-year subscription for its award-winning maintenance management


Transocean Issues Monthly Fleet Update Summary

  Transocean Ltd today issued a monthly Fleet Update Summary, which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since the February 17, 2015 Fleet Update Summary






 
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