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Cfl News

29 Sep 2016

Avalon Freight Services Redefines the Shortsea Shipping Formula

Photo: Avalon Freight Services

Anything but business as usual, trusted partners operate innovative, environmentally correct and cutting edge equipment – in a decidedly niche trade. A  new freight service began operation in southern California this past April. For the businesses and residents of Catalina Island who depend on freight from the mainland, this new service aims to provide the safest, fastest, quietest, most efficient, eco-friendly and state-of-the-art freight transportation in the island’s history. Customers will also benefit from the use of unique and innovative tonnage built specifically for this niche trade.

26 Oct 2015

Learn a Lasting Lending Lesson

Richard J. Paine, Sr.

Two key lending practices and today’s workboat market conditions collide on the waterfront. Which course you choose depends on where you sit. Unless you are involved with your company’s borrowing and credit issues, you may not be well versed in the two principal types of commercial lending. Asset based Lending (ABL) and Cash Flow Lending (CFL) – the cornerstones of commercial credit – are also, in most respects, as different as night and day. Typically, company finance officers must decide between the two, and, as it turns out, some companies are more suited to one or the other.

05 Dec 2013

Pronautas Equips CFL Fleet with VSAT

CFL Industrial More

Dutch shipping company CFL has chosen Pronautas to implement the proven Ku-Band VSAT connectivity solutions on all vessels in their fleet. Headquartered in Amsterdam and well known for its innovative market approach, CFL owns and operates a fleet of young and flexible eco-friendly multi-purpose vessels. Pronautas was selected to provide the VSAT solution thanks to its experience and competence in connectivity solutions, satellite communications, navigation systems and full service support. The decision for a fleet-wide roll out was made by CFL after a successful three-month trial period.

24 Jul 2009

ENav: Improved Training and Auditing Will Enhance Navigation Safety

Modern electronic navigation systems have the potential to improve vessel navigation safety and ruce accidents. The potential of these new systems is unlikely to be realiz, however, if the officers keeping the navigation watch are not fully train and properly qualifi in their use. Thus, fully realizing the potential in electronic navigation will require improv training, a wider spectrum of knowlge across the industry and better procures by vessel owners and managers to assess qualification and proper use. At the same time, as incidents relat to the use of AIS or ECDIS occur, courts are putting owners and managers on notice that such training and monitoring is requir to avoid or limit their liability for accidents.

02 Jul 2009

Electronic Navigation: Improved Training and Auditing Will Enhance Navigation Safety

Modern electronic navigation systems have the potential to improve vessel navigation safety and ruce accidents. The potential of these new systems is unlikely to be realiz, however, if the officers keeping the navigation watch are not fully train and properly qualifi in their use. Thus, fully realizing the potential in electronic navigation will require improv training, a wider spectrum of knowlge across the industry and better procures by vessel owners and managers to assess qualification and proper use. At the same time, as incidents relat to the use of AIS or ECDIS occur, courts are putting owners and managers on notice that such training and monitoring is requir to avoid or limit their liability for accidents.