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Global Entities Convene for Maritime Career Day

Maritime Careers Day - Flyer

The Malta Maritime Careers Day will see the participation of three eminent international entities in its first year of staging. These will be ICOMIA - the International Council of Marine Industry Associations, SNAME - The Society of Naval Architects and Marine Engineers - based in Virginia, U.S. and the IMO International Maritime Law Institute. The objective of the Malta Maritime Careers Day is to bring together professionals, educators and leading industry players to discuss and encourage the improvement in academic and practical training for the common benefit of interested students, the industry in general and Malta’s economic sustainability. Another primary aim of the event is to increase visibility among students and parents of the career opportunities in this industry. The Malta Maritime Careers Day, to be held at the Grand Hotel Excelsior on September 4, is being hosted by Wilfred Sultana & Associates (WSA) publishers of Yachting in Malta. The organizers will be also involving various panelists from the local and the international maritime arena to discuss and debate the various topics on the agenda. The event is presented under the Distinguished Patronage of the Hon. Joe Mizzi, Minister for Transport and Infrastructure and of the Hon. Evarist Bartolo, Minister for Education and Employment. Both Ministers will be addressing the ‘Day’.


Platinum SuperYachts Enters with Shipbuilder

Platinum SuperYachts Inc. announces the formation of a strategic alliance with Custom Marine International Inc. (CMI Yacht), a U.S. based corporation. CMI is strategic to Platinum's business plan because of its unprecedented joint venture with China Shipbuilding Industries (CSI) for constructing state-of-the-art, large steel, aluminum, and fiberglass yachts at CSI's facilities in the Peoples Republic of China. The CSI shipyard boasts state-of-the-art facilities complete with leading


RINA New Environmental & Security Standards

Genova-based classification society RINA has introduced new voluntary standards which will allow ships to connect to shore-based electricity while in port, reducing harbour air pollution. And at the same session of its Technical Committee it approved a series of new standards aimed at improving security standards for yachts. The new notation HVSC - High Voltage Shore Connection - sets standards to design into a newbuilding or modify an existing ship so that electricity can be supplied from


ISA Establishes U.S. Office

Edward R. Sacks

Edward R. Sacks Named as President of North American Operations     On 10 May 2013, International Shipyards Ancona (ISA) announced the grand opening of its North American operations with an office at the Portside Yachting Center on at the 17th Street Causeway in Fort Lauderdale. It was auspicious timing for ISA as the day marked its 12th anniversary. ISA President of Sales and Marketing, Marcello Maggi


Fraser Yachts' 5th Sale in 10 days

Columbus Classic 65M

Fraser Yachts announced this morning its fifth yacht sale in just ten days. Whilst the summer period is traditionally a quieter time for yacht sales 2014 seems determined to continue the positive path it set out on at the beginning of the year. Last week the 26m ELENA B from Cantieri di Pisa was sold by Oscar Romano, quickly followed by the 35m Benetti PARADIGM sold by Michael Selter in San Diego, the 44m CRESCENT 144 currently under construction at Crescent Yachts in Canada which was sold


US Obamacare Impacts the Global Marine Industry

The Affordable Care Act (ACA), otherwise known as Obamacare, the recent healthcare plan in the United States, is affecting the international superyacht industry, according to yacht insurance expert Eva Maria Karlsson of Superyacht Insurance Group (SYIG). Maria, who is president/broker at SYIG, said, “The biggest challenge presently is Obamacare. Interestingly enough, it’s actually affecting the international marine industry


ITIC Urges Brokers to Call

Filing demurrage claims electronically could be costing shipbrokers significant sums of money, according to International Transport Intermediaries Club (ITIC). While e-mail may be quick, cheap and easy, brokers are being urged to ensure they have a system in place to confirm receipt of not only demurrage statements but all time sensitive documents. In the past, brokers have used courier services to send claim documentation


Transatlantic Panamax Rates Hit Six-Week Lows

Panamaxes for transatlantic round voyages fell to six-week lows on Wednesday as trade was limited by a series of European holidays in the month of May, brokers said. "It's not looking good, every region is down. To say it's a disaster for owners would not be an understatement," a broker said. Transatlantic round voyage returns are edging closer to the $11,000-a-day mark. Brokers said that commodities trading house Cargill booked a 1997-built panamax at $11,500 a day


Delayed Evolution

While e-commerce continues to reshape international business, many industry insiders reason that maritime - as usual - will be slow to catch the wave. A frantic dash to set up tanker trading and information websites is being touted as the end of the traditional shipping marketplace, but insiders say there will be no overnight revolution. Two oil majors last week joined forces with the biggest shipbroker and leading agribusiness trading house to set up an online shipping exchange which


Damen-built GARÇON Wins Innovation Award

GARÇON (Photo: Damen)

The 67m Fast Yacht Support vessel, GARÇON, built by Damen, has won the ISS Awards of Distinction for Innovation at the International Superyacht Society Awards Gala in Fort Lauderdale. GARÇON came out top of an industry-led voting process that assessed five shortlisted entries in the competitive and broad-ranging Innovation category. According to the International Superyacht Society: “The Excellence in Innovation award is given to an individual or business that has


Baltic Exchange Eyes Move into Commodities

Baltex reaches breakeven level since start of 2015; Baltic previously faced broker opposition over platform. London's Baltic Exchange is studying a potential foray into commodities and is open to proposals on tie-ups as other exchanges attempt to boost volumes, its chief executive said.


Huge Yacht Carrier Headed for South Pacific

DYT Yacht Transport’s largest semi-submersible ship, Yacht Express, will make its first trip to Sydney, Australia. (Photo credit: Onne van der Wal)

New policies making it easier for foreign-flagged vessels to explore the coastlines of Australia have lead DYT Yacht Transport (DYT) to schedule its largest semi-submersible yacht carrier, the 686-foot (209-metre) Yacht Express, to deliver yachts to the South Pacific


Damen, AMELS sell YSV with Heli Hanger

Amels Yacht Support  6911

  The sale of a new 69-metre Yacht Support vessel marks the next level of development for the successful Yacht Support range built by DAMEN in cooperation with Dutch luxury yacht builder AMELS. The new SEA AXE 6911 is the first in the Yacht Support range to feature the ultimate technical


Carlyle Group Acquires LMC

LMC is a 50-acre facility consisting of a boatyard, marina and marine service center

  Global alternative asset manager The Carlyle Group today announced the acquisition of Lauderdale Marine Center (LMC), the nation's largest yacht repair facility in terms of the number of large vessels it can haul and service. Equity for the transaction comes from Carlyle Realty Partners VII


New KVH Maritime Sat TV Antenna System

KVH Industries

KVH Industries, Inc. introduced the TracVision TV8 maritime satellite TV antenna system. TracVision TV8 is designed to provide the tracking, reception and extended coverage area needed for yachts and merchant vessels calling on ports around the world


Glander International Promotes Raghuvanshi

Piyush Raghuvanshi

  Glander International Bunkering, a global leader in Bunker, Lubricant trading/brokering has promoted Piyush Raghuvanshi as Senior Bunker/Lubricant Trader & Team Leader of the Mumbai office. Piyush joined the firm in 2013 and demonstrated strong leadership and trading skills. Mr


Custom Yachts Feature Hybrid Battery Propulsion

Image courtesy of Knud E. Hansen

A pair of custom motor yachts is packed with state-of-the-art features and technologies, most notable among them: hybrid propulsion systems.   The two yachts may look different, but they are in fact the same design, with an exterior customized according to the owner’s preferences


Asia Tankers-VLCC Rates Softening

Owners waiting for charterers to release July cargoes next week.   Rates for very large crude carriers (VLCCs) on key Asian routes are set to soften early next week before rebounding on the first wave of supertanker charters from the Middle East to Asia in July's fixture


Glander International Appoints Bunker, Lubricant Trader/Broker

Florida Jake Marcello

  Glander International Bunkering, a lubricant trading and brokering company has appointed Jake Marcello as Bunker and Lubricant trader/broker for the Florida office. Jake Marcello joins Glander International Bunkering with a passion for the maritime industry and has completed several


Megayacht Launched from Cargo Ship in Turkey

HHL Valparaiso lifting the 900 metric ton and 63.1 meter long megayacht M/Y Irimari into the sea (Photo: HANSA HEAVY LIFT)

Cargo ship HHL Valparaiso’s two 700 ton cranes have lifted a new luxury yacht built by Sunrise Yachts from the dock to the sea for its world premiere in Antalya, Turkey.   HANSA HEAVY LIFT has used two of its on-board cranes, which have a combined lifting capacity of up to 1


Bizzarro Named President of WRI

Stasu C. Bizzarro

Effective June 1, 2015, Stasu C. Bizzarro has been appointed President of Weather Routing, Inc. (WRI, LTD), a leader in the world-wide maritime weather forecasting field for more than 50 years.  Bizzarro is an AMS certified maritime meteorologist with close to 20 years experience in the


World Record Attempt: Suhay Tries to Break Distance by Dinghy Mark

Photo courtesy of McMurdo

In 2014, Robert Suhay tackled the “longest single-handed distance sailed in a dinghy by a male – 283.5 nautical miles (326.24 miles)” into the face of Hurricane Arthur for a Guinness World Record. Next week, Suhay will attempt to break his own record in a 14-foot Laser dinghy


Containership Responds for Yacht Fire Rescue

Two New Zealand sailors and their Mexican skipper were rescued from a liferaft 280 kilometers south of Niue after their yacht caught fire just after midnight June 23, Maritime New Zealand reported.   The 15-meter U.S.-registered yacht SV Sunny Deck was travelling from Rarotonga to Tonga


Aggressive Superyacht Investment Pan for Blohm+Voss

superyatch.jpg

 Fred van Beers, the newly appointed CEO for Blohm+Voss, unveil details of an aggressive new investment plan in the superyacht sector.    Over the next year, the company is restructuring some independent divisions under the same roof


Bergen Shetland Race Yachts at Lerwick

Yachting at Lerwick

  The yacht Serenity, skippered by Fridtjov Bergmann, proudly flies the Bergen Shetland Blue Ribbon as first to finish this year’s race across the North Sea from Norway. He later received Lerwick Port Authority's trophy for first yacht over the line, at 20:56 hours on Thursday






 
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