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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.    


Increased Demand for Rudder Conversions

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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


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


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


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


OW Bunker Speaks Out on ECA Regulations

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


Two PSV Contracts for COSCO China Yard

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 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'.


ALP Tugs Get Rolls-Royce Deck Equipment

©Ulstein Design & Solutions

Rolls-Royce has been awarded a £19m contract to deliver deck machinery for four ocean going tugs, designed by Ulstein Design & Solutions, for Dutch company ALP Maritime Services. The vessels will be constructed in Japan by Niigata Shipbuilding & Repair.


Fit for Sea Medical Program Tests 300,000th Applicant

Lady engineer: File photo

The UK P&I Club informs that its Pre-Employment Medical Examination Programme, claimed to be the world’s leading scheme for assessing the fitness of prospective seafarers, has just completed its 300,000th examination.

 For the past 18 years


Rolls-Royce to supply machinery for 4 tugs for ALP Maritime Services

Rolls-Royce has been awarded a £19m contract to deliver deck machinery for four ocean going tugs, designed by Ulstein Design & Solutions, for Dutch company ALP Maritime Services. The vessels will be constructed in Japan by Niigata Shipbuilding & Repair.


Shipping Turns From Banks to Equity Markets for Cash

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Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector recovering from its worst downturn since the 1980s. Ship owners ordered large numbers of vessels between 2007 and 2009


Airbus Updates XChange Communications Platform

Image: Airbus Defence and Space

Airbus Defence and Space has launched XChange v3, the latest evolution of its XChange communications platform, which is set to further improve the flow of operational data between ship and shore through sophisticated voice and connectivity service management.


Ulstein Enters Oceangoing Tug Market

Ulstein Design & Solutions’ sales team on the ocean going tug project, from left: Sigurd Viseth, Thomas Brathaug, Ove Dimmen, and Bjørn Harald Norvik (Copyright ULSTEIN)

Ulstein has sold design and equipment packages for four ocean going tugs to Niigata Shipbuilding & Repair in Japan. The vessels will be built for the Dutch company ALP Maritime Services. The vessels are primarily designed for towing of large structures over long distances


Paragon Shipping Gets US$120-Million Towards Ultramax Newbuildings

Paragon at NYSE: Photo Paragon Shipping

Greek drybulk cargo ship owner, Paragon Shipping, informs it has entered into a firm commitment with a European bank syndicate to partly finance up to 60 % of the market value of their two new Ultamax newbuilds due to be delivered in 2015. The new $120


Software Tailors Hull Coatings to Specific Vessel Ops

Intertrac records vessel draft, total sea miles, seamiles per month, percent activity above 5 knots and stationary periods. The system divides the world’s oceans and coastal waters into 64 large marine ecosystems and overlays a vessels route, speed and location data in order to calculate a fouling risk from very low to very high.

Overlays global oceanic and coastal foul risk assessments for any vessel AkzoNobel’s Marine Coatings business, the producer of advanced International hull coatings has developed Intertrac, the shipping industry’s first, patented applied for software system that enables ship owners


Agent-Operator Collaboration Brought into Veslink

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Veson Nautical announced the release of the Veslink Agent Portal, a new feature of Veslink, Veson Nautical’s online service that streamlines the collection and distribution of mission-critical maritime data. The Veslink Agent Portal enables port agents to submit Statements of Facts and Port


US EPA Serves ECA Suspected Violation Subpoenas

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 U.S. EPA has served subpoenas in connection with the investigation into potential violations of MARPOL Annex and the Act to Prevent Pollution from Ships (APPS) following the coming into force of the North American Emissions Control Area (ECA) on 1, August 2012.


Europe to Dominate Ballast Water Treatment Market

Ballast water treatment market, Europe to dominate market revenues from 2017 to 2019, according to a report by Frost & Sullivan The global ballast water treatment systems market is estimated to grow at a compound annual growth rate of 21 percent from 2012 until 2019


Drydocks World Showcases at Sea Japan

Drydocks World and Dubai Maritime City Group, the international service provider to the maritime, offshore oil and gas and energy sectors, is participating in Sea Japan conference and exhibition from April 9-11, 2014 at the Tokyo Big Sight East Hall 1&2


Golden Energy Offshore Selects Ulstein PSVs

The vessels for Golden Energy Offshore are modern, high-spec, medium-sized PSVs based on the proven PX121 design. They have excellent station keeping capabilities, very low fuel consumption and enhanced environment profile. (Ship illustration courtesy of Ulstein)

Golden Energy Offshore has entered into a shipbuilding contract with Nantong Rainbow Offshore & Engineering Equipments Co., Ltd. (ROC) in China for the construction of two Platform Supply Vessels (PSVs) of the PX121H design from Ulstein, with the option to build two more vessels of the same


Staten Island Ferry Safety Statistics Released

Guy V. Molinari (Photo: Staten Island Ferry)

The U.S. Coast Guard (USCG) sets the standards passenger vessels, such as the Staten Island Ferry, must meet and then inspects the vessels regularly to ensure that they are in compliance. For large passenger vessels, the Coast Guard conducts four safety inspections each year


OW Bunker, Genoil Partner for Low Sulphur Fuel Oil

Genoil to develop hydro cracking unit to produce ECA-compliant LSFO; OW Bunker to provide feed oil and buy one million tons of 0.1% LSFO per annum OW Bunker, a physical distributors and resellers of marine fuels, today announced that it has signed a Memorandum of Understanding (MOU) with Genoil


 
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