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.
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
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
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 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
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
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
OW Bunker, a supplier and trader of marine fuel, issued a statement encouraging ship owners and operators to focus their energies on effectively planning for the new Emissions Control Regulation (ECA) regulations in 2015. Speaking on the ‘changes and challenges’ that the industry faces at the 5 International Istanbul Bunker Conference, Søren Christian Mayer, Global Sales Director, OW Bunker, said: “There are factions within the industry that continue to lobby the IMO
COSCO Singapore subsidiary COSCO Guandong to construct two Platform Supply Vessels (PSV's). The contract is with a European ship owner for the construction of two PX121 PSV's at a value of approximately US$54-million in total. Delivery of the two vessels is expected in the first quarter of 2015. Additionally, the ship owner has an option, to be exercised within six months, for construction of two more of the same type of PSV.
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'.
Leading integrated ship management service provider Thome Ship Management has become the first ship management company to join IMPA ACT, the responsible supply chain management initiative, launched by IMPA, International Marine Purchasing Association.
The Liberian Registry informs that Alfonso Castillero, former Director-General of the Panama Registry, has joined their organization as Vice-President. Castillero worked for sixteen years in the Panamanian maritime sector, rising through the ranks to become head of the registry and
The buying interest from Greek ship owners is focused on bulkers to an increasing extent, BIMCO said. Data from VesselsValue.com reveal that Greek owners were at the buying end of 43% of all bulker sales completed so far in 2014. As of June 2014, the number of Greek bulker purchases so far is 91
Parker Kittiwake explains why frequent condition monitoring is the most effective measure in combating the recent cold corrosion phenomenon The recent trend in favoring newer generation engines which offer improved fuel consumption by using a longer stroke reflects the marine industry’s
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, has acquired STX Canada Marine Inc., a leading marine engineering and design company with more than 30 years history in North America, for approx
The Costa Concordia disaster, when the cruise liner capsized off Italy more than two years ago, will likely end up costing the ship's owners just over $2 billion (1.5 billion euros), a company executive told a German newspaper. "So far, our costs are at 1 billion euros
The Concordia refloating operation has started informs the 'Parbuckling Project' web site. At 6 am Monday, the Senior Salvage Master, Nick Sloane, reached the Remote Operations Center located on the Concordia with the rest of the team, having been given the green light by the Italian
Rood Boven Groen has increased its training portfolio by adding the third security training: Ship Security Officer according to STCW’78 including the 2010 Manila amendments. This course has been recently approved by the Netherlands Shipping Institute.
Leading P&I club, the UK Club informs it has received the full report from Standard and Poor (“S&P”) explaining its reasons for upgrading the Club's financial rating. Extracts follow: The report explains that, in assessing the Club’s business and financial risk profiles
Regs4ships announced the launch of our 19th flag to its Digital Maritime Regulations (DMR) product. From July 18, 2014 Regs4ships will be able to offer a Luxembourg regulations product that contains all relevant flag state documentation along with digital copies of SOLAS, MARPOL and STCW
Ship to Shore flexible Recycling DEERBERG-SYSTEMS sets the course for the future of waste management onboard cruise ships With a round table discussion in Hamburg, DEERBERG-SYSTEMS said it is addressing the questions of tomorrow gathering cruise lines, ship yards, ports and disposal companies
Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture, which will take over Wärtsilä’s 2-stroke engine business. Through the agreement, CSSC will own 70% of the business through its affiliate CSSC Investment
Ireland’s Minister for Transport, Tourism and Sport, Paschal Donohoe TD and the Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, today announced the ratification by Ireland of the Maritime Labor Convention (MLC), which sets standards for working and living conditions for
Maneouvres began early on Wednesday to remove the rusty hulk of the Costa Concordia cruise liner from the Italian island where it struck rocks and capsized two years ago, killing 32 people. A convoy of 14 vessels, led by the tug boat Blizzard
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) has received the first order of electronically controlled gas injection diesel engine (ME-GI) for MES. MAN B&W 8S70ME-C8.2-GI will be installed on two 2,400 TEU + 400 vehicles ConRo ships to be built by U.S. shipyard VT Halter Marine Inc