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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

wilhelmsen.jpg

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%.


UASC Prohibits Shipment of Shark Fin

Photo: United Arab Shipping Company

 As part of a commitment made to the World Wildlife Fund (WWF) earlier this year, United Arab Shipping Company (UASC) has prohibited the carriage of shark fin and shark fin related products.   WWF estimates that overfishing of sharks has led to around one quarter of the world’s


Damen Optima Nozzle: A Boon for Inland Shippers

Flap rudder lowres Photo Damen

Damen Optima Nozzle is a big advantage for the North American inland shipping sector. The propeller nozzle developed and manufactured by Damen Shipyards Group's subsidiary Damen Marine Components (DMC) is suited for a wide spectrum of maritime uses and yields the most benefits for inland shipping


Pods Versus Water Lubricated Props

Image: Thordon Bearings

Thordon Bearings has called on the marine industry to investigate the characteristics of both conventional seawater-lubricated propeller shaft systems and podded propulsion arrangements in order to provide shipowners with a better understanding of the two very different propulsion configurations.


NOAA Engineers a Better Current Sensor for Mariners

Max Ivanov and Scott Mowery with NOAAs Center for Operational Oceanographic Products and Services install an improved current sensor system on a navigation buoy in Chesapeake Bay. The system transmits real-time current speed and direction observations via satellite to help mariners more safely navigate busy shipping channels. (Photo: NOAA)

Navigating into seaports is now safer and more efficient for mariners thanks to improved NOAA technology that ships rely on to give them information about currents. The Center for Operational Oceanographic Products and Services (CO-OPS) developed a more reliable


Dry Bulk Facing Slow Recovery, Consolidation -Dreyfus

The dry bulk shipping industry may not emerge from a protracted downturn for another two years and some smaller firms will be squeezed out, the chairman of France's Louis Dreyfus Armateurs said on Tuesday.   The dry bulk sector that transports commodities like coal and iron ore has suffered


Greek Ship Owner, Operator Prosecuted in Pollution Case

Pictured is the 735-foot bulk carrier Gallia Graeca while anchored near Lighthouse Park in Vancouver, Canada, Jan. 13, 2016. (Photo: U.S. Coast Guard)

The companies that own and operate a Greek shipping vessel and two engineers from the ship were convicted today in U.S. District Court in Seattle of 12 felony counts related to their dumping of oily waste at sea, announced U.S. Attorney Annette L. Hayes. 


Maritime Security Experts Weigh in on West Africa

Risk Intelligence launches new service providing overview of operational and regulatory risks of privately contracted maritime security in West Africa   Maritime operations in West Africa are affected by threats from piracy and other maritime crime


Panama Canal Expansion: Impacts on the Bunker Industry

Photo: Monjasa

The total volume of the Panama bunker market has increased in recent years as price levels are becoming increasingly competitive to U.S. bunker hubs like Houston, New Orleans and New York.   In 2015, reports indicate that approximately 5 percent of the global trade passes through the Panama


Will Zim Join 2M?

Photo: ZIM Integrated Shipping Services Ltd

 Israeli carrier Zim Integrated Shipping Services (ZIM) might join the 2M Alliance between Maersk Line and Mediterranean Shipping Co., Alphaline said quoting industry sources.   This news followed the last week's news of South Korea’s Hyundai Merchant Marine (HMM)


Shipbuilder launches revolutionary real time Shipbuilder VR module

 Courtesy ShipBuilders

Shipbuilder unveiled its new and revolutionary virtual reality module Shipbuilder VR during the Shipbuilder and Relatics Client Day on 30 June. “Shipbuilder VR allows the real-time publication of project management data, technical data and logistical data in 3D on smartphones


ClassNK's Report on Port State Control

Deficiencies Photo ClassNk

ClassNK released its annual report on Port State Control. The report aims to assist ship operators and management companies in maintaining compliant operations by providing information about ships detained by PSC as well as deficiencies that were found on board from many port states in 2015.


Elcome Scores Service Agreements in the Middle East

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


CMA CGM Adds Weekly India Port Calls

This service will start the 26th of july with the first call of the CMA CGM Traviata in Port Qasim Image CMA CGM

CMA CGM Group announced the launch of two new weekly services, EPIC 1 and EPIC 2, between the Arab Gulf, Pakistan, North West India and North Europe. The current Epic service will make room for the two new weekly services. EPIC 1 offering a direct connection between North Europe and Pakistan


ICS Conference to Focus on Shipping Agenda

ICS Logo

The International Chamber of Shipping (ICS) will focus clearly on its core agenda this year, with experts from key areas of industry across the board speaking at its 2016 International Shipping Conference, to be held at the British Library on Wednesday 7 September.


Can Bandwidth Supply Keep up with Maritime Demand?

The launch of Intelsat EpicNG 29e in January 2016. This is the first of the Intelsat EpicNG class satellites. (Credit: Intelsat)

In the next few years, demand for bandwidth on the high seas will grow, in no small part due to technology that is making operations more efficient and keeping crews and passengers healthy, happy and connected. Just a few years ago, a cruise-going family might have brought a single laptop computer






 
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