Thrane & Thrane – a Cobham plc company – has been selected to supply market-leading SAILOR FleetBroadband terminals to Thome Ship Management, an international shipping service supplier that manages a diverse fleet in excess of 180 vessels, under a new frame agreement facilitated by AND Group plc. Through this agreement, a combination of SAILOR 250 FleetBroadband and the flagship SAILOR 500 FleetBroadband bundled with airtime packages will be delivered to vessels managed by Thome. With well over 25,000 SAILOR FleetBroadband terminal’s delivered to date, Thrane & Thrane’s established system is the clear FleetBroadband terminal market leader. “This project involves a large number of vessels from different ship owners, so we need to be sure that the system we have chosen is easy to install and offers a good balance between cost and performance. SAILOR FleetBroadband clearly offers this so we are more than happy to put these incredibly reliable terminals on vessels under our management,” comments Ryan Dalgado, Procurement & Supply Chain Manager, Thome Ship Management. Both the SAILOR 250 FleetBroadband and SAILOR 500 FleetBroadband feature the new Enhanced Inmarsat Multi-voice service, so in addition to reliable data connectivity for email, file transfer, fax, internet, VPN and efficiency enhancing IP applications, they also offer up to nine simultaneous voice lines
So where do you turn when you would like to start your own ship management company, but you need a million dollars and the worst financial crisis of a lifetime has rendered traditional sources moot? In the case of Dubai, UAE-based Noah Ship Management’s Svein Elof Pedersen and Thomas Chacko Arakal, the core tenants of the real estate business – Location, Location, Location – applied to their vision of creating a small, efficient ship management company
At the end of April, 2013 in Korea, MAN Diesel & Turbo’s latest G-type engine passed its Type Approval Test at HHI-EMD, the engine and machinery division of Hyundai Heavy Industries. The ultra-long-stroke G60ME-C9 engine went through its paces under the watchful eye of many interested observers, including representatives from the major classification societies. MAN Diesel & Turbo reports having close to 200 G-type engines on order
Nor-Shipping has released names of the winners of the 2011 Clean Ship and Next Generation Ship Awards. The winners were announced today at the Nor-Shipping Opening Conference on May 24, 2011. The awards, which showcase industry excellence, were presented by Norwegian Minister of Trade & Industry Trond Giske and Henrik Madsen, CEO of Det Norske Veritas (DNV). An independent jury considered a total of 40 candidates for the 2011 awards.
V.Ships has appointed Rishi K. Trivedi as Group Managing Director of the Marine Services Division’s worldwide agency business - V.Ships Agency. The move follows Shay Devine’s (former V.Ships Agency Group M.D.) appointment as Chief Executive Officer of V.Ships - Marine Services Division. Trivedi, who has been with the group since January 2000, joined V.Ships Agency UAE from Inchcape Shipping Services. Rishi holds commercial and LLB degrees from Bombay University
CP Ships Limited said that the first two of nine 4250 teu ships ordered two years ago will be deployed in its US East Coast-Indian Sub-Continent service. They will be named after two of India's most popular national parks, Kanha and Corbett. And, following the new CP Ships vessel naming convention, the names will be prefixed by "CP." Delivery of CP Kanha is expected in mid-October 2005, with CP Corbett coming in early January 2006
Eagle Bulk Shipping Inc., a global marine transportation company specializing in the Supramax segment of the dry bulk shipping industry, announced that it has entered into an agreement to acquire three Supramax drybulk carriers for $105 million. The first vessel, built 2004, is expected to be delivered to the Company later this month and will commence an 18 to 22 month time charter at a rate of $18,750 per day. The second vessel, built 2003, is
The most expensive ship among the orders Korean shipbuilders have won this year is a $630m drill ship. Samsung Heavy Industries won a contract from Sweden in October to build the 97,000-ton drill ship, which is 228 m long and 19 m tall. In terms of price, the ship costs the equivalent of five 300,000-ton crude oil carriers (VLCCs) or two or three LNG ships. The next most expensive orders were also for drill ships, worth $550-590 million in second to fifth
Coast Guard crews are working to get a freighter ship unstuck after it lost power and ran aground near the central span of the Sunshine Skyway Bridge. The bridge was shut down in both directions this morning as a precaution, snarling rush hour traffic. According to the Florida Highway Patrol, the freighter lost power after passing through the central span of the bridge. The pilot of the vessel ran it into a sandbar so it wouldn’t drift near the bridge.
(Photo courtesy of www.eagleships.com) Eagle Bulk Shipping, Inc. (Nasdaq:EGLE) has agreed to acquire a fleet of 26 Supramax vessels for $1.1 billion from the parent of Anemi Maritime Services, a private Greek shipping company. The transaction is subject to completion of customary documentation and closing conditions. "This accretive transaction leverages management's strong industry relationships and reaffirms our commitment to the Supramax asset class
By Jonathan Saul and Oleg Vukmanovic, Reuters Deliveries of new gas tankers have created a glut that is threatening to tip some operators into losses, just as other shipping markets emerge from their worst downturn in decades. The liquefied natural gas (LNG) tanker market was until recently
The U.S. Navy has awarded contracts worth nearly $1.4 billion to buy four more Littoral Combat Ships from Lockheed Martin Corp and Australia's Austal Ltd, the U.S. Defense Department said on Monday. Lockheed won a contract valued at $699 million to build two more of its steel monohull-design
U.S. Federal Maritime Commissioner Doyle spoke to the Global Shippers Forum in Los Angeles and discussed Ro/Ro price fixing matters; the newly approved cooperation agreement between the ports of Seattle and Tacoma; the first PVO company to take advantage of the alternative bonding mechanisms;
The maintenance of passenger ferry Victoria I at Finland’s largest ship repair yard, a part of BLRT Grupp, has been finished. Scheduled maintenance of Victoria I was carried out within six days at Turku Repair Yard’s dry dock
Sea Star Line LLC and Horizon Lines LLC have agreed to resolve allegations that they violated the False Claims Act by fixing the price of government cargo transportation contracts between the continental United States and Puerto Rico, the Department of Justice announced today
United Arab Shipping Company (UASC) says it has taken up the option with Korea's Hyundai Heavy Industries (HHI) for one additional 18,000 TEU vessels, bringing the total order to 17 ships including eleven 14,000 TEU vessels and six 18,000 TEU vessels.
Falmouth Coastguard has been assisting a cargo vessel which had six people on board and began sinking 12 miles east of the Lizard. The Sea Breeze is an 87m Barbados flagged cargo vessel with six crew onboard. It is carrying 2,750 tons of limestone and was bound for Shoreham at the time of the
Reuters - Loss-making France-Corsica ferry operator SNCM, which is partly owned by French water and waste group Veolia Environnement, plans to order four new ships, an SNCM spokesman said on Friday. The spokesman said the board had approved deals for four new ferries
According to multiple media reports including The Sydney Morning Herald (smh.com.au) as well as Ministry of Defense of Ukraine, the the Russian Navy reportedly sank one of its own, junked vessels to create an obstacle, a Ukrainian official claimed.
By Peter Polack, Reuters Twenty-four Cubans were rescued from a rickety wooden boat by a passing cruise liner which took them to the Cayman Islands, ship owner Carnival Corp said, as growing numbers of migrants try to sail to Central America and eventually reach the United States.
China’s aim of 7.5% GDP growth for 2014 is positive news for the shipping market – in particular, dry bulk, the Baltic and International Maritime Council (BIMCO) said in a report published today. Despite being a little down on the 2013 GDP growth of 7
The Chinese and British shipping industries are set to take their mutual cooperation to a higher level following the recent signing of a memorandum of understanding (MOU) reports Xinhua. The MOU was signed by the Lord Mayor of London, Fiona Woolf; the Vice President of the Investment Committee
The Liberian Registry has launched a mobile app to enable owners, managers, operators and others to communicate and interact with the registry on a round-the-clock basis. The FlagState App builds on Liberia’s commitment to provide innovative technology and services to its clients, who own
Private equity co Altor plans to partly sell holding; OW Bunker FY net up almost 50 pct at $63.4 mln. Revenue up more than 20 pct at $16.99 billion. Danish ship fuel supplier OW Bunker plans an initial public offering (IPO) of shares in Copenhagen, it said on Wednesday
Scorpio Bulkers, headquartered in Monaco, report its results for the three months ended December 31, 2013 and for the period from March 20, 2013 (date of inception) to December 31, 2013. Extracts follow: Results for the three months ended December 31, 2013