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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%.


Using Key Data to Remain Competitive

KVH CEO Martin Kits van Heyningen Photo linkedin

During a conference in Oslo, KVH CEO Martin Kits van Heyningen urged maritime operators to utilize big data in order to remain competitive The future competitiveness of the maritime industry will be affected by how rapidly shipping operators take advantage of big data


Making Data a Priority is Key

During a conference in Oslo, KVH CEO Martin Kits van Heyningen urged maritime operators to utilize big data in order to remain competitive. The future competitiveness of the maritime industry will be affected by how rapidly shipping operators take advantage of big data


LR to Class Entire NORDEN Fleet

Nord Mermaid (Photo: Norden)

Thirty-two ships will be transferred to Lloyd’s Register Class as part of the agreement that covers 57 ships including NORDEN’s entire fleet   Ship operator Dampskibsselskabet NORDEN A/S, based in Copenhagen, has contracted LR to class 57 ships


Crashed Cruise Ship Refloated; St. Lawrence Seaway Reopens

MS Saint Laurent. Pic by FleetPro

 The cruise ship MS Saint Laurent has been re-floated, all passengers are safely off and the lock has been re-opened, following the collision on last Thursday.   "Today (Saturday afternoon), the passenger cruise ship Saint Laurent was safely re-floated and exited the Eisenhower


AAL and Peter Döhle Team Up

Image by AAL

 A Singapore-based breakbulk, project cargo and heavy lift carrier AAL (formerly Austral Asia Line) and German multipurpose shipping operator Peter Döhle have announced the launch of a new global cooperation.   From June onwards, the pair will offer joint tramp and project services


CMA CGM in Cuba Deal

Image: CMA CGM LOG

 CMA CGM Group will work with Cuban company Almacenes Universales SA to run a logistics complex serving the Port of Mariel, giving a boost to the island’s effort to make itself a transshipment hub.   CMA CGM, the world’s No


Barillec to Present ‘Marine Apps’

Photo: Barillec

Barillec informs it has chosen the Electric & Hybrid Marine Expo to unveil its new identity and to present its “Marine Apps”.  The show will be held in Amsterdam, The Netherlands, from June 23-25.   Barillec develops marine applications based on 60 years of global


New EU Shipping CO2 Monitoring System

José Inácio. Photo by European Parliament

 According to a new EU regulation, ship operators will be required to monitor, report and verify (MRV) CO2 emissions.     José Inácio Faria, Member, Group of the Alliance of Liberals and Democrats for Europe, European Parliament outlines the key features of new EU


New Power Optimization Solution for LNG Carriers

NAPA-DSME Power Solution (Image courtesy of NAPA)

NAPA and DSME launch tailored NAPA-DSME Power Solution for LNG carriers; leading LNG carrier shipyard offers specialized performance monitoring solution   South Korean shipbuilder, Daewoo Shipbuilding & Marine Engineering (DSME) and NAPA, a maritime software


AAL Expands into Prince Rupert

AAL Brisbane in Prince Rupert

  AAL, one of the world’s leading global breakbulk, project cargo and heavy lift shipping operators, has strengthened its foothold in the oil rich mining region of Northern Alberta, by expanding its popular ‘Pacific Service’ liner route to include the British Columbia Port


Biggies to Rule Ocean, says Maersk CEO

Nils Andersen. Photo: Maersk Line

 The WSJ reports that the Danish container-shipping group is ordering more megaships even as freight rates remain low. Reason?   The world’s biggest container-shipping companies are set to dominate seaborne trade over the next few years


Scanship, Jets Join Forces to Better Serve Cruise Ships

Henrik-Badin and Jan Tore Leikanger

  Two of the world’s leading companies in maritime waste management have signed an agreement to join forces, in an effort to better serve cruise ship operators and yards globally. Scanship’s well-known Total Clean Ship System


Miko Marine Expands Into Asia

Miko in Asia is being led by Per Johansson (left) and Spencer Go (Photo: Miko Marine)

Miko Marine AS has appointed Spencer Go as managing director of its new subsidiary in Singapore which was established in May.  Miko Marine Asia Pte Ltd has opened a new office in Lokyang, Singapore from where Spencer Go will be spearheading the sale of Miko products and services throughout


BC Ferries Joins Green Marine

Photo: BC Ferries

BC Ferries achieved its first certification from Green Marine. BC Ferries joined Green Marine this year and was certified on May 28, 2015,  after having its results reviewed by an independent verifier. Green Marine is a globally recognized, voluntary


Chemical Shipping Fortunes Lifted by Swing Ships

Photo: Drewry

Chemical shipping faces another tough year, but prospects are improving thanks to the strength of the product tanker market which is attracting a growing number of swing ships out of chemicals into products, according to the latest edition of the Chemical Forecaster






 
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