OW Bunker highlighted the potential safety issues that ship owners and operators will face in Turkish waters when new local sulfur legislation comes into force from January 1, 2012. The ruling, delivered by the Turkish Chamber of Shipping and the Turkish General Directorate of Marine Transport states that: ‘…marine fuels whose sulfur content exceeds 0.1% by mass cannot be used as of 01.01.2012 in the inland vessels and in the vessels on the quay.’ “This is a significant move by the Turkish authorities and is much more restrictive than current sulfur regulations,” says Steffen Kortegaard, Technical Director, OW Bunker. The new Turkish regulations mean that 0.1% sulfur content gas oil must be used by vessels calling at Turkish ports between the end of the sea passage and the commencement of the sea passage including in port anchorage areas. The regulation will not be applicable for vessels transiting through the Turkish Straits, such as the Bosporus or Dardanelles, even if they drop anchor providing the vessel maintains transit status. Passenger vessels with domestic liner permit, such as ferries, RoRo and sea buses must consume 1.5% sulphur content IFO from 1st Jan.2012. This regulation will not be applicable for cruise vessels/lines.
Ship Finance International Limited (NYSE:SFL) has agreed to terminate chartering agreements with Horizon Lines, LLC relating to five of its vessels. Ship Finance will receive as termination compensation $40 million in second lien notes issued by Horizon Lines and warrants exercisable into ten percent of the common stock of Horizon Lines, Inc. as part of the restructuring outlined below. The 2,824teu vessels were built in Korea in 2006 and 2007
Carnival Corp., which is working to revive profitability at its Seabourn luxury cruise line, said that next year it will shift a ship now sailing for Seabourn to the company's Holland America Line. The Seabourn Sun, at 38,000 tons the largest of the six Seabourn ships, will move to Holland America in April 2002 after the vessel finishes an around-the-world tour. Carnival, the world's biggest cruise group with 44 ships among its half a dozen lines
Farrell Lines announced the addition of two U.S. flag roll-on, roll-off vessels into its fleet, the Alliance Beaumont and Alliance Charleston. These ships complement the Alliance St. Louis and Alliance Norfolk, which have been U.S. flag vessels since February 2008. The Farrell Lines fleet now consists of four roll-on, roll-off vessels. The Alliance Beaumont was brought under the U.S. flag on February 21 in Dubai, and this vessel will participate in the Maritime Security Program (MSP)
Globe Wireless has been selected by “K” Line to provide a turnkey implementation of the Inmarsat FleetBroadband service. “K” Line is a large ship owner/operators, which includes container ships, car carriers, bulk carriers, gas carriers and tankers. The signed agreement between “K” Line and Globe Wireless entails the up gradation of its service in the vessels presently using the Globe Wireless network
The lead vessel of 2 new tugboats, 'Hawaii' has been delivered by J.T. Marine of Vancouver equipped with JonRie winches. The new Hyak Tug is a 37 Meter 80 Ton Bollard Pull Line Haul ASD complete with a JonRie Series 200 Bow winch with a capacity of 150M of 60 mm line, a line pull of 5 Tons, a line speed of 20 M/m and a brake with capacity of 200 Tons with an independent capstan. The winch features JonRies Joystick feather speed control, Auto Render Block
Carnival Corporation reached an agreement with Italian shipbuilder Fincantieri for the construction of four new cruise ships worth more than $2 billion, along with options for two additional vessels. The agreement calls for the construction of four new vessels (one each for Costa Crociere, Holland America Line, Carnival Cruise Lines, and Princess Cruises); the two additional vessel options are for Carnival Cruise Lines and Holland America Line.
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has entered into a new agreement for terminal operations at the Port of Oakland. Horizon Lines has teamed with Ports America, the largest terminal operator and stevedoring company in the Americas, to service cargo moving through Oakland between the U.S. mainland, Hawaii, Guam and Micronesia. Horizon Lines operations are located at 1599 Maritime Street.
P&I Club cautions against adding weight to 'Monkey's Fist' at the end of the heaving line In the past it was not uncommon for seafarers to weight monkey’s fists fitted to the end of heaving lines with pieces of scrap metal or sand, or to attach a heavy item such as a shackle, so that the line would travel a greater distance when thrown. This practice is no longer acceptable as it increases the risk of serious injury if a linesman
Maersk Line has announced a 10 year Vessel Sharing Agreement (VSA) with Mediterranean Shipping Company (MSC) on the Asia-Europe, Transatlantic and Transpacific trades. The VSA will be referred to as 2M. It replaces all existing VSAs and slot purchase agreements that Maersk Line has in these trades. The VSA will include 185 vessels with an estimated capacity of 2.1 million TEU, deployed on 21 strings. The overall purpose of the cooperation is to share infrastructure (network)
Mitsui O.S.K. Lines, Ltd. (MOL) announced the restructuring of its existing Asia to South Africa liner services into two direct loops. One service will call South China, while the other loop will directly connect Central China. The newly restructured loops will further strengthen MOL’s
Volvo Penta is offering factory-built keel-cooled engines for the entire line of marine commercial inboard and sterndrive D4 3.7-liter and D6 5.5-liter engines. The D4/D6 keel-cooled version uses a twin circuit design, with keel coolers for both the high-temperature engine block circuit and
Trying to locate subsea power and communications cables has always been a difficult job. Regulations require cables be buried from several feet to several meters under the ocean bottom to prevent snagging by boat anchors and fishing trawls. The amount of overburden on a cable often means
SHI is ready to invest around $950 million in the overseas shipbuilding facility by 2017, according to SHI’s Chief Financial Officer Chun Tae Heung. Tankers, bulk ships and smaller container vessels might in the future be built in Malaysia, Indonesia or Vietnam, Chun said.
Travel Weekly magazine announced the recipients of its 2014 Magellan Awards, and Holland America Line received eight of the prestigious honors. The line won five gold awards in the categories Restaurant Design for Canaletto Small Plates
Mitsui O.S.K. Lines, Ltd. inform that it has once again been included in the Dow Jones Sustainability Index (DJSI) Asia Pacific, on which it has continuously held a spot since 2003. Companies chosen for the indices must meet international criteria for social responsibility in areas such as
The Teufelberger Group’s global reach, research and development and 220 years of combined experience is helping to change the way the maritime industry looks at ‘rope.’ It hasn’t been too long since industry icon Tom Crowley, Jr
Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced the publication of the English version of its Environmental and Social Report 2014, which introduces the MOL Group's perspectives and latest initiatives regarding corporate social responsibility (CSR) and the
Mitsui O.S.K. Lines, Ltd. (MOL) apprise that a contract has been signed with Mitsui & Co., Ltd. to charter two new 155,000m3 LNG carriers that will transport shale gas-derived liquefied natural gas (LNG) from the United States. MOL will manage the new vessels
On 1 October, Ola Helgesson will take up the position of CFO at Concordia Maritime AB after having held the position of CFO at Stena Line group. Ola Helgesson has long experience as CFO at listed companies and solid knowledge of shipping. He also has a broad CFO profile with expertise in
SITC Container Lines (Thailand) Co.,Ltd was awarded as " Best Container Liner 2014 " by DITP (Department of Int'l Trade Promotion) and TNSC (Thai National Shipper's Council ) in Bangkok, Thailand on 24th/Sept,2014. This yearly- based appraisal activity was held by DITP/TNSC with
Ulstein has been awarded the design and equipment contract for Van Oord’s new subsea rock installation (SRI) vessel ‘Bravenes’. Working in close cooperation with Van Oord, this is the first fully integrated design where Ulstein is responsible for the development
Thrustmaster’s deal with DOEN brings waterjet manufacturing to the United States. Marine propulsion and thruster manufacturer Thrustmaster of Texas, Inc. announced a deal earlier this year to acquire the technology of DOEN, an Australian designer and manufacturer of waterjet
Kawasaki Kisen Kaisha Ltd. (K-Line), a Japanese corporation, has agreed to plead guilty and to pay a $67.7 million criminal fine for its involvement in a conspiracy to fix prices, allocate customers, and rig bids of international ocean shipping services for roll-on, roll-off cargo
GasLog Ltd. announced today the closing of the sale of two modern liquefied natural gas (“LNG”) carriers, the Methane Jane Elizabeth and Methane Rita Andrea, to GasLog Partners LP for an aggregate price of $328 million (the “Transaction”)