Marine link
 

Ship Owners

Dutch Insurers Want Security Guards

Owners, insurers, say Dutch ships at risk in piracy waters ought to be allowed to employ armed private security guards Last year the number of cases of piracy off the coasts of East and West Africa doubled, with 800 crew members being taken hostage, NRC.informs 'Dutch News'. The Netherlands' government does not allow ship owners to hire armed guards but it does provide soldiers as protection. However, the two organisations say there are not enough of them to protect all the ships sailing in the area. Other countries, such as Cyprus and Malta, do allow their ships to employ armed guards and the organisations say this will lead to Dutch ships choosing to sail under foreign flags which would be detrimental to the government as ship owners pay their tax to the country under whose flag they sail. Piracy costs insurers and ship owners a great deal, in ransom money, repairs to ships and damaged goods. In the past two years, the global insurance sector paid out €300m in claims as a result of piracy, says the NRC.    


Green Tech Wins RoPax Scrubber Deal

gtm_logo.png

Green Tech Marine has won a contract to deliver 21 exhaust gas cleaning systems (“scrubbers”) to an undisclosed ship-owner in first quarter 2015. By using Green Tech Marine scrubbers, ship owners can continue to operate on heavy fuel oil instead of more costly marine gas oil, while staying below the strict IMO requirements regarding sulphur emission. Sulphur oxides cause a wide variety of health and environmental impacts


Petronet LNG to Float Subsidiary

Natural gas importer Petronet LNG Ltd (PLL) plans to float a shipping subsidiary overseas to haul gas to its greenfield re-gassification terminal of 2.5 million tonnes per annum capacity proposed at Kochi in Kerala. The diversification plan has been unveiled in the tender conditions stipulated by Petronet for selecting ship owners and operators for transporting LNG to the Kochi terminal. This is a departure from the first two shipping tenders finalized by Petronet for hauling gas from RasGas


GMS Implements Hong Kong Convention

Global Marketing Systems (GMS) cooperates with Germanischer Lloyd (GL) on green ship recycling. GMS, one of the world's biggest cash buyers, purchases vessels from ship owners before delivering them to ship recycling facilities. GL will help GMS to implement green ship recycling according to the Hong Kong Convention and independently proves to ship owners that GMS and the chosen recycling facility comply with the requirements


Increased Demand for Rudder Conversions

Becker_picture2_conversion_stena_danica Web.jpg

More and more ship owners turn to Becker Marine Systems for rudder conversions of vessels already in service. The easy installation of a new Becker Rudder System can dramatically improve manoeuvring performance and reduce fuel consumption. Becker Marine Systems’ After Sales Team has long been known for quality and flexibility when it comes to refurbishing Becker Rudders that have been in service for decades. In case of a general overhaul of a Becker Rudder


COSCOL Profit Jumps

Courtesy: COSCOL

Shanghai Stock Exchange-listed COSCO Shipping Company Limited (COSCOL) says its profits shot up 491% year on year (y/y) to CNY193M ($31M) in 2014. Revenue improved 3% year-on-year.  The results also boosted by government subsidies and benefitted from cost cutting measures. On 30 September the company received a total of CNY183M in government subsidies for scrapping old tonnage and replacing them with new building orders.


Gulf Harbor Shipping Opens New Office

Gulf Harbor Shipping announces the opening of their New Orleans, La. office located in the World Trade Center, suite 2101, No.2 Canal Street, New Orleans, La., 70130. Founded by a former executive and manager of a major shipping agency company, Gulf Harbor will target charterers and ship owners needing customized representation on the lower Mississippi River and the U.S. Gulf Coast. Charterers and Ship owners responsible for sending ships to the lower River have special needs in


LSM Implements Wave Software System

Resurgence Software, Inc. announced that London Ship Managers, Ltd. (LSM) has implemented its Wave Software System in a portion of its fleet. This agreement is a direct result of the Resurgence Software joint marketing alliance with Lloyd's Register, and marks LSM's continued commitment to improving operational efficiency and customer service through the strategic use of technology. "The adoption of our system by LSM demonstrates the continued acceptance of equipment reliability software


Raytheon Anschütz Opens in Singapore

Jan. C. Lötzsch, Managing Director of the new subsidiary

Raytheon Anschütz announced the establishment of the new subsidiary Raytheon Anschuetz Singapore Pte Ltd. With the new company, Raytheon Anschütz expands its sales and service activities in Southeast Asia. It started operation on March 1, 2009. “The new service center is an important step to secure best possible customer support in this region,” says Jan-Christoph Lötzsch, Managing Director of Raytheon Anschuetz Singapore


Greek Shipowners Invest Hugely in New Ships

Greek ship-owners bought 72 ships within the first three months of 2013, invest US$848-million in their companies. While the Greek government continues to mull plans to tax the country’s shipping industry to raise money during a crushing economic crisis, Greek ship-owners bought 72 ships within the first three months of 2013 and invested $848 million in their companies, a $244 million increase and an additional 32 ships from the previous year, reports the 'Greek Reporter'.


Ulstein Verft Delivers 'Blue Queen’

Blue Queen is delivered from Ulstein Verft. (Photo Per Eide Studio)

  On 24 February 2015, ‘Blue Queen’ a platform supply vessel of the PX121 design, was delivered to Blue Ship Invest from Ulstein Verft. This vessel is the first of two for which Norway-based Golden Energy offshore is awarded the ship management contract.


Greek Banks Mull Cutting Shipping Portfolios

Greece's leading banks are considering offloading part of their portfolios of shipping debt worth billions of dollars in a bid to shore up their capital, according to banking and ship financing sources. Greece has secured an extension to its bailout from its European partners


Conrad Shipyard Bags LNG Order

Image: Conrad Shipyard

 Energy infrastructure and LNG solutions provider WesPac Midstream and its subsidiary Clean Marine Energy (CME) have awarded a contract to Conrad Orange Shipyard for the construction of a dedicated LNG bunker barge for the marine market in North America.  


UAE Shipping Delegation to Meet with Greek Counterparts

Image: Drydocks World

 A delegation of Middle East maritime heavyweights including H.E. Khamis Juma Buamim, chairman & group CEO Drydocks World and Maritime World and Rashid Mohammed Al Habsi, the chief executive of Tasneef, will attend the ‘Maritime Transportation of Energy and Mediterranean Ultra Deep


US, German Agencies Partner for BWMS System Testing

New cooperation provides manufacturers of ballast water management systems (BWMS) with an opportunity to obtain German and U.S. type approvals from a single test   NSF International, the first Independent Laboratory (IL) designated by the United States Coast Guard (USCG) to evaluate and


Grounded Cargo Ship Leaks Oil

Lysblink Seaways (Pic by DFDS Seaways)

 A major recovery operation has been launched to recover a leaking cargo ship which ran aground on Scotland's west coast.   Salvage vessels were called to Kilchoan near Ardnamurchan Point after the Lysblink Seaways became stranded at around 2am on Wednesday


Gail Scraps $7-billion LNG Ship Tender

Image: GAIL (India) Limited.

 Gail India Ltd has scrapped a tender that would have led to the construction of three massive liquefied natural gas (LNG) carriers at Indian shipyards.     After postponing tender deadline thrice and also one year later, state-owned gas utility GAIL India Ltd has not found any


Conference on Legal Issues Relating to Shipping

 Hinode Maritime Events informed that it is organizing a "Conference on Legal issues relating to Shipping". It is scheduled to be held on Tuesday, March 10, 2015 in the Centrum, Center One, World Trade Center, Cuffe Parade, Mumbai.


LNG Shipping Rates Nosedive

LNG Ship (Source: Shell)

 With LNG prices down as slowing demand combines with rising output, the cost to ship super-chilled natural gas has also tumbled to the lowest level in more than four years and is forecast to fall further, reports Bloomberg    According to Andrew Buckland


KIMFT Center, Courses Get LR Approval

Hyung-Taek Jung, President of KIMFT (left) with Iain Wilson, LRs Asia & MEA Regional Marine Manage

  The Lloyd’s Register (LR) Marine Approved Training Provider Scheme has awarded approval of the Korea Institute of Maritime & Fisheries Technology (KIMFT) training centre and Ice Navigation training courses. The President of KIMFT, Hyung-Taek Jung


Shipping Eyes Brazilian Ore Exports

Image: Vale S.A.

 Following the plunge in dry bulk freight market, shipping companies are banking on increased iron ore exports from Brazil to China and India to shore up freight rates, reports the Hindu Businessline.   Hauling ore from Brazil to China will cost almost double than that from Australia


Vessel Insurance is a must at Panjang

Port of Panjang-Pelindo-II

  The Harbour Master at Panjang has advised that ship owners must have marine insurance for shipwreck removal and/or protection indemnity. For all vessels of GT35 or more, the owner must have the vessel covered with Ship Body Removal insurance and or Lost Coverage.


Netwave's NW-6000 VDR Receives Type Approval Certification

  Netwaves NW-6000 Voyage Data Recorder (Photo courtesy of Netwave)

Netwave has received a Type Approval Certificate from BSH in Hamburg for its new NW-6000 Voyage Data Recorder (VDR). The NW-6000 is certified against MSC 333 (90) and can be installed onboard vessels which require a new VDR. “We have already received a large amount of orders in advance of


Hamburg Sud, CCNI Deal Next Month

Containerized fleet CCNI combines a capacity of 37,980 TEUs. Courtesy: CCNI

 Hamburg Sud has entered into a long-expected purchase agreement for Chilean shipping line CCNI (Compania Chilena De Navigacion Interocea) for an undisclosed sum.    The transaction is expected to close by end-March pending approval by antitrust authorities, said Hamburg Sud


WesPac to Build N. America’s First LNG Bunker Barge

Image: WesPac Midstream

WesPac Midstream LLC (WesPac), a provider of energy infrastructure and liquefied natural gas (LNG) solutions, and its affiliate Clean Marine Energy LLC (CME), the global facilitator of tailored solutions for Emission Control Area (ECA) compliance






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright