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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.    


Green Tech Wins RoPax Scrubber Deal

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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

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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


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'.


The Switch Receives PM Shaft Generators Order

Photo courtesy of The Switch

The Switch, a supplier of megawatt-class permanent magnet (PM) generator and full-power converter packages for wind power and other renewable energy applications, received another order to deliver two PM shaft generators to WE Tech Solutions of Finland.  


South Asian Beaches the Target of New EU Ship Recycling Rules

 European, Turkish and Chinese recyclers are set to benefit from strict new EU rules on breaking up old ships, but the practice of dismantling them on beaches in South Asia at great human and environmental cost will still be hard to stop.  


Slow Steaming “can damage containers” - BMT

Courtesy BMT

  Fuel saving measures can have a negative effect on the lashing forces on the containers, according to Maritime London member BMT Surveys. The company's risk & quality manager and marine surveyor, Olivier van der Kruijs, bases this warning on audits on more than 100 container vessels


DNV GL - Maritime CEO Addresses Cybersecurity at CMA 2015

  Tor E. Svensen, CEO of DNV GL-Maritime (Photo courtesy of DNV GL)

  “Ships and offshore structures are becoming more and more interconnected,” said Tor Svensen, CEO DNV GL - Maritime, when taking the stage at this year’s CMA (Connecticut Maritime Association) event in Stamford, CT. “In theory


KVH Increases Mini-VSAT Broadband Network Capacity

Image courtesy of KVH Industries

                  KVH Industries, Inc. has completed several capacity increases for its mini-VSAT Broadband network to support heightened demand from customers engaged in a wide range of commercial maritime activities around the world


Hong Kong Introduces Clean Fuel Rules

Photo: Alex Sergienko

New regulation to require oceangoing vessels to switch to clean fuel while at berth   The Government of Hong Kong’s Air Pollution Control (Ocean Going Vessels) (Fuel at Berth) Regulation, which mandates oceangoing vessels (OGV) to use clean fuels while berthing in Hong Kong for


Baltic Dry Index Weak, Shipping in Troubled Waters

Image: The International Chamber of Shipping (ICS)

 Baltic Dry Index (BDI), which tracks the cost of shipping iron ore, coal, grain and other materials, is continuing to remain weak as Chinese imports of commodities especially iron ore and coal has gone down portraying dark futures for seaborne trade.  


Malaysian Flag Approves IRClass as RSO

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  The Maritime Administration of Malaysia has authorised IRClass to act as a‘Recognised Security Organisation’ (RSO) towards verification and approval of ship security plans and issuance/ endorsement of International Ship Security Certificates (ISPS) for ships operating under


Nordic Shipholding Rebounded in 2014

  Danish ship owner Nordic Shipholding turned a profit in 2014 following its 2013 restructuring, the company announced today.   The company earned a profit of $2.3 million in 2014 due to improved earnings and a one-off gain of $5


Hong Kong's Clean Fuel Rules May Cost Shippinglines

Image: The Port of Hong Kong

 The bill requiring ocean going ships to switch to low sulfur fuel while at berth in Hong Kong could effectively raise the cost of shipping containers through the city.   Under the new Hong Kong Air Pollution Control (Ocean Going Vessels) (Fuel at Berth) Regulation


DA-DESK Joins BIMCO

DA-Desk has announced that they have joined BIMCO  as Associate Member. As a member of BIMCO, DA-Desk is now part of a community of more than 2,300 global members from the maritime shipping industry, which includes ship owners, operators, managers, brokers and agents.  


Asia VLCC Rates: Ample Tonnage, Few Cargoes

Owners resist charterers moves to force rates under W50; West Africa cargo volumes remain steady. Rates for very large crude carriers (VLCCs) on key Asian routes will face further pressure next week even as owners resist attempts to push rates lower, brokers said.


IMO Seeks Input on Ballast Water Management

Online surveys are part of IMO study which aims to provide a comprehensive review of the technical standards and approval testing procedures in the Guidelines for approval of ballast water management systems (G8). (Photo: IMO)

The International Maritime Organization (IMO) is inviting stakeholders involved in the testing, approval, fitting and operation of ballast water management systems (BWMS) to complete online surveys as a part of a study to assess the implementation of the BWMS approval guidelines and the


SENER to Debut Latest FORAN Release at SINAVAL

Image: SENER

SENER informs it will take active part in SINAVAL-EUROFISHING from April 21-23, a fair held every two years in Bilbao.   During the exhibition, SENER will present the new enhancements in the shipbuilding CAD/CAM system FORAN, in all disciplines (forms


New Azipod Thruster Launched by ABB

Image: ABB

ABB unveils newest Azipod thruster to growing electric propulsion market    Power and automation technology group ABB has introduced Azipod D, a new addition to its line of Azipod electric propulsion offering, allowing a wider range of vessel types to utilize the Azipod propulsion






 
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