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Ship Operator

Sale Of Stena Line Possible

The chairman of Swedish international shipping operator Stena Line AB told press he can imagine selling the loss-making ferry group. However, said Dan Sten Olsson, "it has to be a serious buyer who is not just out to shop up the company." Stena Line - which also operates the English Channel with British shipping operator P&O under the P&O Stena Line company - posted a loss after financial items of $57.15 million for 1999. The group has cut costs to meet changes following the end of tax-free shopping in Europe. Olsson said he expected the loss-making group to break even in 2001. He said there were several buyers who may be interested in the Swedish group, one of the world's largest shipping operators.

DNV Introduce Vessel General Permit Enviro-Oil Advisory Service

Photo courtesy of USCG

Classification society and consultancy DNV GL inform it has introduced the "Environmentally Acceptable Lubricants" (EAL) Report Service to help ship operators to comply with the new rules set out for the US Vessel General Permit (VGP) without the need for extensive outlays, & provides feedback on areas of concern. The VGP framework, which came into effect in December 2013 stipulates that biologically degradable oils, or EAL, must be used at all oil to sea interfaces

Aquarism to Assist BV with Legionnaire Control

Classification society Bureau Veritas has strengthened its capacity to provide passenger ship operators with health and hygiene on board certification by acquiring Paris-based Aquarism, a specialist company dealing with the control of legionnaire and other viruses in water systems. Jean-Jacques Juenet, head of passenger ship services for BV, says, "Managing air and water contamination risks on board passenger ships is becoming both

China Shipping to Buy Two Tankers

Bulk shipping operator China Shipping Development is spending $87m on another two oil tankers to boost capacity. The new tankers, each with a capacity of 46,000 deadweight tons, are due for delivery between the fourth quarter of 2007 and the first quarter of 2009. Upon delivery, the shipping operator will control a fleet of 71 oil tankers with a combined carrying capacity of 3.5 million deadweight tonnes. The purchase of the two new vessels will be financed by bank borrowings

Schat-Harding Opens Miami Area Service Base

Schat-Harding technician in new plant

Lifeboat and davit manufacturer Schat-Harding has strengthened its support for cruise ship operators in the area by opening a service base in . The new offices, service base and workshops will be within the facilities of Worldwide Marine Services, the global ship technical support group, and Schat-Harding will train and authorize Worldwide Marine technicians to support its own service engineers. The base will provide quick reaction service and repair support to cruise ship operators and also

Statutory Alert: RightShip Inspection Procedures

Following discussions initiated by the Union of Greek Shipowners with RightShip and facilitated by Lloyds Register, Lloyd’s Register confirmed clarification of RightShip’s ship inspection and reporting procedures as follows: A dry cargo ship inspection will be carried out by RightShip inspectors either when recommended by RightShip or when requested by the ship operator. On completion of any inspection, the RightShip Ship Inspection Report, if listing any deficiencies

Globe Wireless to Acquire SeaWave & Rydex

Globe Wireless has signed an Asset Purchase Agreement to acquire substantially all the assets of SeaWave & Rydex. The transaction is aimed to create a maritime communications end to end solutions, and provide a complete range of services to over 8,000 ships and over 500 ship operators. By combining the Globe Wireless network and total solution with the innovative technology of SeaWave and Rydex the business will provide customers with the complete choice of systems

Double Hull Tankers Announces Offering

Double Hull Tankers Inc. (DHT.N) filed with U.S. regulators to periodically sell up to $200m in common and preferred stock and debt securities, according to a Reuters report. The tanker ship operator said in a registration statement with the U.S. Securities and Exchange Commission that it will use the proceeds from the offering for general corporate purposes. The purposes may include vessel acquisitions, business acquisitions or other strategic alliances, reduction of outstanding borrowings

WSS Rolls Out Single Payment System


Ship operators and managers are benefitting from the administrative efficiency of a single payment system for port calls launched by Wilhelmsen Ships Service.  A Float Account scheme operated by the company enables the ship operator to deposit a fixed amount with them to cover a month’s anticipated port calls.  The sum is used to cover all the expenses of the operator’s vessels, wherever they call in the world.  

ABB Launches Marine Fuel Efficiency Program

ABB introduce several software 'Advisory Systems' for the marine market to help all types of ocean vessels dramatically reduce fuel consumption. These Advisory Systems include the latest versions of ABB’s energy management system for marine applications (EMMA) and Amarcon’s Octopus solution and ABB say that Integrated advanced software, electrical systems and Azipod® propulsion can help ship owners slash fuel consumption by up to 20%.

EASTMED to Add VSAT on 20 Tankers and Bulkers

Image: Eastern Mediterranean Maritime Limited (EASTMED)

 Greece-based Eastern Mediterranean Maritime Limited (EASTMED), a shipping operator servicing the energy, industrial and agricultural sectors, has chosen to install Marlink’s global VSAT (Very Small Aperture Terminal) communication solution with L-band back-up on 20 tankers and bulkers

Maersk to Idle Vessel

Morten Maersk. Photo by Maersk Line

 The world's biggest container-ship operator Maersk Line  has confirmed market talk that it has temporarily idled one of its largest vessels - yet another sign that the industry is in dire straits, says a report in the The Straits Times.  

Evoqua, Drew Marine Ink BWMS Deal

SeaCURE BWMS is backed up by the very best field service and support Courtesy Evoqu

  Evoqua Water Technologies and maritime solutions and logistics expert, Drew Marine, have announced a partnership to provide a full compliance package for ballast water management. The collaboration brings together Evoqua’s technology and Drew Marine’s engineering

Norwegian Escape with Biggest Scrubbers sets Sail

Norwegian Escape  Photo Norwegian Cruise Line

  On a sunny October day in the German harbor-town of Hamburg, M/V Norwegian Escape, a brand new cruise ship, sets sail for the first time. On board are five Yara SOx scrubbers – one for each engine. The scrubbers ensure that the cruise is not just pleasurable

Hempel at 'Danish Maritime Days' in Copenhagen

Present and long-term challenges for the global maritime industry and corresponding solutions are on the agenda when ministers, top executives and experts meet in Copenhagen for the Danish Maritime Forum on 7-8 October 2015

  Hempel will take part in the Danish Maritime Days (DMD) event next week and make presentations at the DMD Technical Conference, which is being held in cooperation with Danish Maritime, on the 7 & 8 October. Fouling Control Marketing Manager, Claes Skat-Roerdam

Dry Bulk Shipping Turmoil Set to Extend into 2016

Photo: Star Bulk

Dry bulk shipping faces more earnings pain as a slowdown in commodities demand and a glut of ships are expected to pile on the pressure well into 2016, ship industry players said on Wednesday.   The dry cargo shipping industry has been hit hard this year by the global commodities meltdown

Vigilance Still Crucial in Indian Ocean

  Organisations representing the global shipping and oil industry have announced that the size of the ‘High Risk Area’ for piracy in the Indian Ocean has been reduced and issued new advice to merchant ship operators. This reduction to the High Risk Area is in response to the

Great Lakes Sees New Investment Despite Cargo Slowdown

Equinox Class ship the Algoma Harvester entering Port Colborne harbour from Lake Erie (CNW Group/Algoma Central Corporation)

As ongoing commodity price pressures continued to impact overall tonnage volumes through the St. Lawrence Seaway in September, the shipping industry was buoyed by a number of investments in recent weeks by ship operators and ports, according to the Chamber of Marine Commerce

EUKOR Select Inmarsat, Intellian for high-speed connectivity

Intellian GX100 terminal onboard EUKOR Car Carrier

  Inmarsat, the leading provider of global mobile satellite communications services and Intellian, a global leader in satellite communication antenna systems, have announced a significant deal with EUKOR Car Carriers. The deal will enable EUKOR

Daiichi Trims Fleet

Photo by Daiichi Chuo Kisen Kaisha

 Financially-troubled Japanese dry bulk specialist Daiichi Chuo Kisen Kaisha plans to halve its current long-distance shipping fleet, reports Nikkei.   The debt-ridden shipowner under civil rehabilitation proceedings, also plans to improve profitability by updating charterage to

TransAtlantic Divests Container, Ship Management Operation

Photo TransAtlantic AB

  TransAtlantic AB has reached an agreement to divest the Container Operation to X-Press Feeders and, in a separate transaction, to divest Ship Management operations to AtoB@C. The container operations to be sold consist of TransFeeder North Line

Integrated Training, Travel Solution to Meet New STCW, OPITO Regulations

  GAC Training and Service Solutions (GTSS), the specialist provider of world-class training for maritime personnel, has announced an agreement with ATPI Griffinstone, part of the ATPI Group, one of the leaders in travel solutions for the shipping and energy industries

Oman Shipping Names Two New Tankers

The recently named tanker Muscat Silver (image: Oman Shipping)

Oman Shipping Company (OSC) has performed the naming ceremony for two new product and chemical tankers – the Muscat Silver and Rustaq Silver.   The ceremony took place at the Hyundai Mipo Dockyard in Ulsan, South Korea. OSC will now take delivery of the Muscat Silver as part of a deal

BMT Inks Contract with Witteveen+Bos

Photo: BMT

BMT ARGOSS, (BMT) a subsidiary of BMT Group Ltd, has secured a new contract with Dutch-based engineering consultancy, Witteveen+Bos (W+B), to provide specialist knowledge for the new ‘stay overnight’ harbour near Giesbeek, along the IJssel branch of the river Rhine.   

Pioneer Marine Plunges into Red Again, Cancels Ship Orders

Photo by Pioneer Marine Inc

 Singapore-based Pioneer Marine reported a $5.4m loss for the third quarter of 2015, about even with a $5m loss in the same quarter last year.  It canceled orders for three new ships as the bulk-ship operator coped with a steep decline in demand for commodities in China.  

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