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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, including the full NORDEN fleet and other externally managed NORDEN owned ships. Thirty-two of the ships in the agreement will be transfer of class (ToC) ships and includes nine new ships which will transfer to LR upon delivery. Four ships are currently classed by LR and 16 externally managed ships will also be transferred to LR as part of this agreement. The ToC of NORDEN’s fleet started with the entry of product tanker NORD MERMAID  into LR class. LR’s Copenhagen based Marine Client Manager, Flemming Kjeldsen, commented, "Our good working relationship with the client and the in-house capabilities we have here in Copenhagen to consistently support them was essential in securing the contract. Classing ships like bulkers and tankers and providing day-in, day-out service delivery is our key activity. We are here to help make sure NORDEN ships can trade as safely and efficiently as possible, taking every care to support them in their business goals."  


More Ships to Bangladesh Shipbreakers

CTG ship-breakers import 42 large ships in last two months Chittagong-based ship-breakers imported 42 large-sized recyclable ships in February and March this year at a cost of US$ 45 million, according to Jasim Khan's news report in the Financial Express. Industry sources said the ships will be able to supply about one million tonnes of MS rod -- a major construction material -- against the annual national demand for four million tonnes.


S&P Cuts MC Shipping Outlook To Negative

Standard & Poor's has revised the outlook on MC Shipping Inc. to negative from stable. At the same time, the company's single-'B' long-term corporate credit rating and single-'B'-minus senior unsecured debt rating were affirmed. The rating on MC Shipping reflects the shipping industry's below-average characteristics, and the company's weak financial profile. MC Shipping is part of the Vlasov Group-a major ship-owning and ship-management group


DG Shipping Recalls 27 ONGC Supply Vessels

The Directorate General of Shipping (DG, Shipping) has asked India’s biggest oil explorer Oil and Natural Gas Corporation (ONGC) to recall 27 of its 46 supply ships for undergoing safety audits immediately. The DG Shipping directive, which could lead to the disruption in oil production, has come within days after an ONGC-chartered ship, Samudrika-10, sunk off the Mumbai coast, killing five people on board. In a notice dated July 11 to ONGC


Navy Awards Contract for Auxiliary Cargo and Ammunition Class(T-AKE)

On October 18, 2001, the Naval Sea Systems Command (NAVSEA) announced the award of a $406.9 million competitive contract for the detailed design and construction of the lead ship of the T-AKE Auxiliary Cargo and Ammunition Class to National Steel and Shipbuilding Company (NASSCO) of San Diego, Calif. Major subcontractors are IMECO of Iron Mountain, Mich.; Hopeman Brothers Marine Interiors of Waynesboro, Va.; Alstom Power Conversion Inc. of Philadelphia, Pa.; B.F


GL Bolsters Support of Green Ship Recycling in Asia

019 PRe-MS Ship Recyling_Experts.bmp

Hamburg/Shanghai, 3 May 2011 - Germanischer Lloyd (GL) has recently intensified its efforts to help shipyards, ship owners, suppliers and recycling facilities in Asia to comply with the forthcoming International Convention for the Safe and Environmentally Sound Recycling of Ships ("Hong Kong Convention"). Two well-trained GL ship recycling experts are now stationed in China and Singapore respectively, offering all stakeholders a full range of services including certification


Moore Stephens Urges Consistent

Approach to Shipping Taxation Moore Stephens said it is important the UK government does not introduce changes in next week's Budget which would adversely affect the UK shipping sector. Noting that UK shipping is in a positive mood after years of decline, Moore Stephens says that positive moves must not followed by negative ones, particularly given the long-term nature of shipping investment. The government's pre-Budget report last December contained no specific proposals that might


Thoresen Shipping goes to Middle East

Thoresen Shipping

 The dry bulk shipowner Thoresen Shipping rolled out new subsidiary Thoresen Shipping Arabia as part of its expansion plan to the Middle East  With a new office in Dubai for Thoresen Shipping Arabia DMCC, the dry bulk shipping company  Thoresen Shipping announced its explansion to the Middle East. The office will be led by Baard Osland, a dry bulk shipping industry veteran. A press statement from Ian Claxton, managing director


Varun Splits into Two

Image: Varun Shipping Co. Ltd

 Mumbai-based shipping firm Varun Shipping Co. Ltd  will be split into two listed entities after the Bombay high court approved a demerger scheme.   The Company announced that according to the Composite Scheme of Arrangement and Amalgamation, the Company will be split into two separate listed entities, namely, Varun Global (ship management and shipping investment business) and Varun Resources (shipping business).   


NGO Slams Shipper but Four Alang Recyclers Go Green

Photo: Ship Recycling Industries Association (India).

The NGO Shipbreaking Platform and Transport and Environment (T&E) have criticized Maersk Group’s decision to beach their end-of-life vessels in Alang, India. But, Four of the 167 ship recycling yards have won compliance status with a global regime that seeks to ensure that redundant ships are disposed of safely and in an environmentally sound manner, says a report in the Livemint.   The recycling yards are located on the coast of Alang-Sosiya in Gujarat’s Bhavnagar


ClassNK Updates Steel Ships Survey/Construction Guide

Classification society ClassNK has released printed versions of its 2016 Rules and Guidance for the Survey and Construction of Steel Ships.   ClassNK regularly reviews and revises its technical rules and guidance in order to ensure that they are relevant and up-to-date.  


SOLAS Container Weight Requirements FAQ

Photo: IMO

 With new rules regarding the declaration of the accurate gross mass of a packed containers due to enter force, the International Maritime Organization (IMO) answers the industry’s frequently asked questions (FAQ).   What are the new rules?


Danelec Bags Multiple VDR Orders in Middle East

Danelec Marine, along with distribution partner Elcome International, is to supply Danelec DM100 Voyage Data Recorders (VDRs) for 14 ships in the Middle East.   The new VDR orders include seven new offshore support vessels (OSVs) and five tanker retrofits for an oil and ga companies based


STX Shipbuilding Likely to Enter Court-lead Restructuring

Photo: Robert Kunkel

South Korean shipbuilder STX Offshore & Shipbuilding Co Ltd will likely need to enter court-supervised receivership due to financial difficulties, the firm's lead creditor Korea Development Bank said on Wednesday. STX Offshore's creditors took control of the company in 2013 after the


Grounded Bulker Repaired, Heads for Japan

Two tugs support Sparna past the Wauna Paper Mill while in transit along the Columbia River to their mooring destination in Kalama, Wash., March 23, 2016. (U.S. Coast Guard photo by Levi Read)

The Captain of the Port for Oregon and southern Washington canceled the captain of the port order on the motor vessel Sparna allowing the vessel to leave its mooring at Kalama, Wash., Monday.   The Sparna, a 623-foot bulk grain carrier


Returning to the Scene of the Shipwrecks

 A participant in a diving field school last fall, graduate student Tori Kiefer is back to help a new set of students learn the joy of surveying shipwrecks.   Last fall, Tori Kiefer was part of a group of East Carolina University graduate students who came to the waters of Wisconsin to


Olympic Pact with Canyon Offshore

Olympic Athene. Photo: Olympic Shipping

 Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of the subsea construction vessel (SCV) Olympic Athene and Canyon’s ROV systems.  


STX Sells Lorient Shipyard

Photo: STX France

 The shipbuilding group STX France has offloaded its Lorient shipyard to a naval consortium.    The shipyard, which has produced civil and naval vessels, will be purchased by Kership, a joint venture between French industrial shipbuilder Piriou and naval manufacturer DCNS. 


Outdated Systems Placing Vessels at Risk of Cyber-Attack

Image: Plymouth University

 Maritime vessels are under significant threat of cyber-attack because many are carrying outdated software and were not designed with cyber security in mind, according to new research.   But operators could easily mitigate against such dangers by updating security systems


China Okays CMA CGM's Acquisition of NOL

Courtesy NOL

 CMA CGM S.A. (CMA CGM), a global leader in container shipping, announces that it has received today confirmation that its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company (SGX: N03)


Singapore Exchange in Talks to buy Baltic Exchange

Baltic Exchange privately owned by 380 shareholders. The Singapore Exchange (SGX) is in exclusive talks to buy London's Baltic Exchange, which has been at the heart of the global shipping industry for centuries, the two companies said on Wednesday.


CMA CGM Proceeds with NOL Takeover after China Okay

File Image: A CMA CGM boxship alongside during cargo operations (credit: Marad)

CMA CGM, the world's third-largest container shipping firm, is to go ahead with its planned acquisition of Singapore's Neptune Orient Lines (NOL) after receiving regulatory clearance from China, the French group said. CMA CGM received on Wednesday confirmation of the deal's approval by the


New Connections for France, Port of Rotterdam

Photo: Rotterdam Port Promotion Council

With the launch of a new rail shuttle and inland shipping link, connections between Northern France and the port of Rotterdam are now better than ever. Five times a week, a train leaves Rotterdam for Dourges, and the inland shipping schedule also includes a number of departures per week.  


Commodities Shipping Firms Struggle to Ride Out Worst Downturn

Shipping companies transporting coal, and iron ore and other commodities are urgently seeking ways to conserve cash and withstand the worst market downturn on record as too many ships chase shrinking business.   A shortage of financing - estimated at $30 billion and caused in part by banks


Baltic Index Down on Lower Demand for Larger Vessels

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday hurt by sluggish demand for large vessel sizes.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels






 
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