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Hapag-Lloyd – Hamburg Süd Merger Put on Ice

The shareholders of Hapag-Lloyd and Hamburg Süd have jointly concluded to discontinue talks temporarily. Hamburg Süd say they do not wish to comment publicly on the subject matter of the points under discussion. It does, however, expressly point out that the owners of Hamburg Süd – unlike the impression conveyed in various press articles – positively favour a flotation of the merged new company if certain conditions are met. The Advisory Board and Executive Board of Hamburg Süd remain firmly of the view that the merger of Hapag-Lloyd and Hamburg Süd would be of enormous benefit for both companies as well as for Hamburg as a shipping location.  


Study Backs Up Cruise Industry’s Commitment to Environment

The results of two recent environmental studies regarding cruise ship wastewater discharge provide new and significant scientific insight into the low environmental impacts of cruise ship operations on the marine environment. Two independent yet interrelated studies by the Environmental Protection Agency (EPA) and the Alaska Department of Environmental Conservation (ADEC) provide a major step in understanding the environmental impact of cruise ships.


Nominees For CITIS 2002 Awards Announced

Providers in the communications and IT in shipping sector have been short-listed for innovation honors in the CITIS 2002 Awards. Winners will be announced at a gala dinner during the sixth CITIS event -hosted and sponsored by Inmarsat in London from March 18-22 - which also features a conference, seminars and an exhibition. The dinner will take place on March 19 at the Underglobe in Shakespeare’s Globe Theatre. In addition to awards in four commercial categories


New German Shipbuilding Group Emerges

ThyssenKrupp and One Equity Partners (OEP) signed a non-binding letter of intent to combine ThyssenKrupp Werften and Howaldtswerke-Deutsche Werft (HDW) in a new group under the control of ThyssenKrupp Werften GmbH. The alliance will create a systems house with strong positions in the naval shipbuilding sector. The reciprocal due diligence reviews have now been successfully completed and the basic outlines of the new structure are in place:


New German Shipbuilding Group Emerges

ThyssenKrupp and One Equity Partners (OEP) signed a non-binding letter of intent to combine ThyssenKrupp Werften and Howaldtswerke-Deutsche Werft (HDW) in a new group under the control of ThyssenKrupp Werften GmbH. The alliance will create a systems house with strong positions in the naval shipbuilding sector. The reciprocal due diligence reviews have now been successfully completed and the basic outlines of the new structure are in place:


Magnalight Adds to Lineup

Class 1 Division 2 LED Light

Magnalight.com Announces Release of Class 1 Division 2 LED Light to Their Hazardous Location Lighting Lineup. Magnalight.com by Larson Electronics has announced the release of a high power, hazardous location approved, LED light fixture capable of replacing 400 watt metal halide units. Designed for use in demanding industrial, commercial, and marine environments, the HAL-PRM-150W-LED incorporates the latest in Cree led design and offers the high efficiency


Insurance Covers Relocated Sandy-damaged Boats

Boats removed from specified location for repair elsewhere may create a lapse in insurance coverage. Maritime Program Group, which is a program administrator for North American Specialty's recreational marine program, agreed to provide an extension of coverage under NAS' Marina Operators Legal Liability section of the policy for customer's vessels stored in undisclosed locations. Many marine facilities that were badly damaged by Super Storm Sandy have been forced to move their customer's


ABB Turbocharging Opens Service Facility in Denmark

ABB Turbocharging announced today it will celebrate the opening of a new service facility in Fredericia, Denmark on June 12, 2014. The ceremony will also mark the completion of the amalgamation of its activities in Norway, Denmark and Sweden into a single Local Business Unit (LBU). “With TURBOCHARGING SCANDINAVIA we merge three rather small units in Norway, Sweden and Denmark into a common, more powerful organization served by a well-integrated team with focus on customer needs across


Siemens Opens Seattle Marine Service

Siemens Energy & Automation, Inc. has opened a second marine service location in Seattle, Wa. devoted to servicing offshore supply vessels, cruise lines, ferries, cargo carriers and other ocean vessels. Like its sister marine service location in Fort Lauderdale, Fla., the West Coast location will serve both on-call and service contract customers. The new Seattle dedicated marine service location will offer a wide variety of services: on-call emergency response, repair services


Iridium Wins Security Contract

ZOCA Container Security BV has developed an innovative approach to preventing unauthorized opening of shipping containers, a serious problem in today’s shipping industry. The ZOCA approach taps Iridium satellite data links to control the containers’ locking devices remotely. The ZOCA system consists of a strong mechanical tamper-proof lock, which can only be operated with a ZOCA handheld mobile device. In order to lock or unlock the container


Alfred Hartmann: New Captain on the Bridge at VDR

Alfred Hartmann Alfred Hartmann

Shipping owner Alfred Hartmann is the new President of the Association of German Shipowners (VDR). For the first time a mid-size company owner is at the helm of the VDR, and this 68 year-old wants to bring the German shipping industry back on course. He discussed his plan with MR.


‘Beware the Big Ship Hype’ -TT Club

Phillip Emmanuel (Photo: TT Club)

TT Club’s Phillip Emmanuel has put into perspective some of the “sensationalism” surrounding the recent growth trend in containerships. Speaking during a plenary session of the TOC Asia Conference in Singapore on Tuesday, he advised ports and terminals to take a measured approach


Titan, Svitzer Merger Creates Global Salvage Giant

Escort Towage, Milford Haven, UK. Photo by Svitzer

Svitzer, salvage division of AP Moller-Maersk and Titan Salvage, a division of Crowley Maritime Corp are merging their salvage operations to create a new market leader.    In this US in shipping’s latest consolidation move, Svitzer is joining forces with Titan Salvage under a new


ClassNK Opens R&D Center in Singapore

Left to right: RM Kurashiki (ClassNK), T Kinoshita (ClassNK), PM Ravindran (ClassNK) and Dr Thepsithar (NTU). (Photo courtesy of ClassNK)

Classification society ClassNK promoted the activities of its new Global Research and Innovation Center (GRIC) at a press conference held today in Singapore.   Joined by representatives from Nanyang Technological University, ClassNK Executive Vice President Tetsuya Kinoshita explained the


Arctic Offshore Rig Gets USCG Escort

(U.S. Coast Guard photo courtesy of Air Station Port Angeles)

U.S. Coast Guard (USCG) crews escorted heavy lift ship Blue Marlin as it toted a controversial 38,000-metric-ton drilling rig into Port Angeles, Wash., Friday. Blue Marlin, Dockwise’s 674-foot semi-submersible heavy lift ship, was escorted into its anchorage location in Port Angeles while


Intermarine Opens Istanbul Office

  Intermarine, LLC, a transporter of project, breakbulk and heavy lift cargo, has established a physical presence in Turkey with the opening of an office in Istanbul.    The new branch will operate as part of the company’s Worldwide division, offering identical breakbulk


Nairobi Wreck Removal Convention Enters into Force

The Nairobi International Convention on the Removal of Wrecks provides a set of uniform international rules for the prompt and effective removal of wrecks located in a country’s exclusive economic zone or equivalent 200 nautical miles zone. (Photo: IMO)

The Nairobi International Convention on the Removal of Wrecks enters into force on Tuesday, April 14, 2015. The Convention places strict liability on owners for locating, marking and removing wrecks deemed to be a hazard and makes State certification of insurance


Caterpillar Forms New Analytics & Innovation Division

Image

  To better capitalize on the growing importance and excitement of data analytics and to drive innovation to support customers, Caterpillar Inc. today announced the formation of a new division, Analytics & Innovation (AI), which will be led by Caterpillar Vice President Greg Folley


CMA CGM Opens Corridor in Libreville

Image: CMA CGM

CMA CGM announced the opening of a new corridor to Gabon's inland destinations via the port of Libreville.   Coverage of Gabon's major locations (Franceville, Lambarene, Mouila, Bitam, Moanda, Mitzic, Makokou) is provided by rail and by road


Gas Discovery at Pyxis-1

Gas Discovery at Pyxis-1

  Woodside advises that the Pyxis-1 exploration well in production licence WA-34-L has intersected approximately 18.5 metres of net gas within the Jurassic sandstone target. The well reached a total depth of 3347 metres. Wireline logging has confirmed the discovery through the recovery of


Malta: Sixth largest Maritime Flag Worldwide

Image: The Merchant Shipping Directorate, Malta

 The Malta Ships Register has become the sixth largest maritime flag in the world, according to statistics for 2014, says a report in Fenech & Fenech Advocates.   Malta has moved up from seventh place in 2013 and has retained its position as the largest in Europe


Indonesian New Port in Subang or Indramayu, Not in Cilamaya

Indonesian Vice President Jusuf Kalla (Image: The Australian National University)

 The Indonesian government has scrapped the long-awaited Cilamaya port project in Karawang district, West Java province, and is seeking a better location in Subang or Indramayu.   The Vice President Jusuf Kalla, who visited Cilamaya with several ministers


Global Diving & Salvage to Offer Global Technical Services

webgts.jpg

  Global Diving & Salvage has announced the addition of Global Technical Services (GTS) to its three core services: marine construction, marine casualty response and offshore support.   GTS is offering a wide range of Non Destructive Testing (NDT) instruction services to industry


Ship Ownership is a Closely Held Market

Graph by Clarkson Research

 Even though shipping is a global industry, ownership is fairly well concentrated in a relatively small number of major centres, says a research from Clarksons.   The 20 most popular city locations for shipowners graph is headed, perhaps unsurprisingly, by Athens, with a fleet of 4


US Navy to Roll out Underwater Spy Satellites

Image: Defense Advanced Research Projects Agency

 The robotic series that remade crusade in skies will shortly extend to a low sea, with underwater view “satellites,” drone-launching pods on a sea building and unmanned ships sport submarines, reports AFP.   The pods could launch surveillance drones in the air or at sea or






 
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