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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


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


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


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


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


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


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


Transatlantic Clean Tanker Rates Skyrocket

Clean oil tanker markets heated up, with transatlantic rates going through the roof and Mediterranean and Mideast rates also strong, brokers said. Price differentials and the U.S. cold snap have slammed gasoline shipping prices into the W200 region, from a previous W150 for 33,000 tons, brokers said. Brokers warned that the high volumes of fixing at sky-rocketing rates would inevitably lead to a number of charters failing to be concluded in all regions


Triton’s Yacht-based Submersible to Debut in Monaco

Triton will introduce Triton 1000/3 LP at the 2014 Monaco Yacht Show in September in hopes that the new submersible will transform the yacht based submersible industry. (Image: Triton Submarines)

New lightweight, low profile Triton 1000/3 LP designed specifically to fit into existing yacht tender garages. Triton Submarines (Triton) announced that it will introduce its newest model, the Triton 1000/3 LP (Low Profile) at the 2014 Monaco Yacht show September 24-27


Man Winched from Stricken Yacht in North Sea

A man has been rescued after his yacht ran into difficulty 28 nautical miles north of Cromer. Humber Coastguard received a distress alert from the 22-foot yacht just after 8 a.m. this morning. The person on board reported that he was taking on water


Brazilian Ferry Launched

Photo courtesy of CoCo Yachts

AFAI Southern Shipyard and CoCo Yachts Holland announced that the first Urban Sprinter 2000, yard number ASA 042, was launched August 14, 2014. The Urban Sprinter 2000 was designed by CoCo Yachts Holland and built by AFAI Southern Shipyard in Guangzhou for SETRANS Rio de Janeiro


FPA Customs Brokers Acquired by Livingstone International

Toronto-headquartered Livingston International says it has acquired New York-based FPA Customs Brokers, Inc. “We look forward to welcoming the FPA team and their clients into the Livingston family,” said Livingston CEO Steven C. Preston.


Hornblower Cruises Hires Special Projects Manager

Scott Keever

Hornblower Cruises & Events says it has hired Scott Keever as Manager, Special Projects; details as follows: After graduating from the California Maritime Academy with a Bachelor’s degree in Marine Transportation, Scott began a sea-going career with Chevron Shipping


MTU's New Generation Series 2000 Yacht Engine

The latest generation of MTU Series 2000 engines stands out with optimized acceleration and low fuel consumption.

  MTU will be presenting its propulsion and system solutions at the International yachting “Festival de la Plaisance” in Cannes from September 9-14, 2014. Visitors will be able to discover the extensive portfolio of the Rolls-Royce Power Systems subsidiary at Stand JAS-025


MJP Waterjets in TYM Fast Attack Craft Trials

Photo courtesy of MJP

Successful sea trials of Tampa Yacht Manufacturing’s latest 50 Fast Attack Craft won praise for the performance of MJP waterjets. The 50’ Fast Attack Craft is a carbon-fibre reinforced, GRP 16.15M (53’) LOA, patrol vessel with a beam of 4.43M (14’8-1/2”)


Mideast Crude Tanker Rates Struggle in Ship Glut

Crude oil tanker earnings on the major Middle East route were steady this week, helped by light bookings although rates have yet to rebound after a recent surge late last month. The world's benchmark VLCC export route from the Middle East Gulf (MEG) to Japan <DFRT-ME-JAP> on Thursday


Ranieri Tonissi Moves Headquarters to Genoa

Ranieri Tonissi (Credit:MAN engines)

Ranieri Tonissi S.p.A., Italian importer of MAN engines and operator of the MAN service base for marine engines, moved to a new headquarters in Genoa in June. The new premises and direct deepwater pier location serve as benefits for yachting and commercial customers, the company said. 


Marinevac Adds New Operator in Florida

Marinevac, specialists in the cleaning of vacuum toilet systems on board private and commercial vessels of all sizes ranging from yachts to cruise ships and naval vessels, announce new links with GC Marine Inc. and Pines Marine Consulting LLC, both established businesses in Fort Lauderdale, Florida


KPI Bridge Oil Appoints New CEO

Carsten Ladekjær

KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has appointed Carsten Ladekjær as Chief Executive Officer for the group.   Ladekjær is an industry veteran with 20 years in the bunker business


CIMC Pride Mega Yachts Announce Sale of 'Illusion'

Courtesy Superyacht shipyard Pride Mega Yachts

  Pride Mega Yachts is proud to announce the sale of the 88.8-meter Illusion. The sale of this sophisticated six-deck mega yacht proves Pride's unique position as an established, competitive and accomplished player in the world's mega yacht market.  


Asia Dry Bulk Capesize Rates Stay Flat

Bulk carrier anon: File photo

Rates for capesize bulk carriers on key Asian routes are set to remain in the doldrums next week, staying flat or gaining just a few cents as an oversupply of ships weighs on cargo availability, ship brokers said. But there could be brighter prospects in the coming weeks on rates for voyages from


Regulations Threaten Superyacht Innovation

A Yachts Naval Design (Credit: Yachtingpages)

To increase innovation within the superyacht industry, designers need to work with flag states, classification societies and naval architects to ensure regulations are workable, as said by experts. Mark Staunton-Lambert, RINA’s Technical Director, explained


Today in U.S. Naval History: July 25

USS Harmon (DE-72). U.S. Navy Photograph, National Archives and Records Administration

Today in U.S. Naval History - July 25 1779 - Amphibious expedition against British in Penobscot Bay, Maine 1863 - U.S. Squadron bombards Fort Wagner, N.C. 1866 - Rank of Admiral created. David G. Farragut is appointed the first Admiral in the U.S. Navy






 
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