Ctm News

A 36-meter custom built passenger ferry has been delivered to Guadeloupe-based operator CTM Deher by Incat Crowther.The new 316-seat passenger ferry has been designed to safely and efficiently service CTM Deher’s passenger and tourism routes in the French West Indies and is expected to begin operating in late 2023.The new ferry, named Miss Outre-Mer, was designed using Incat Crowther's digital shipbuilding process. This meant CTM Deher and Incat Crowther worked closely together to deliver the complete digital ship design before physical construction began at PT Kim Seah Shipyard in Indonesia.

At the Remontowa Shipbuilding S.A. shipyard, a handover and acceptance protocol for the third in a series of modern mine destroyers – the ORP Mewa vessel for the Polish Navy – was signed on Wednesday.The ship was built by a consortium comprising the leader, Stocznia Remontowa Shipbuilding S.A., which is part of the Remontowa Holding S.A. capital group, the Research and Development Centre for Maritime Technology (OBR CTM) S.A. and PGZ Stocznia Wojenna.Like its predecessor ORP Albatros…

Berlin-based Kaiko Systems said it is partnering with C Transport Maritime (CTM) to roll out its software on CTM’s entire fleet under technical management, consisting of 30 dry bulk carriers.By using Kaiko Systems' software, CTM will be able to streamline crews’ manual technical operations on board and make routine operations such as inspection and maintenance more data-driven and proactive, the company said."Speed and accuracy are key to technical management," comments Francesco Canepa, Technical Director at CTM.

ShipMoney announced a new long-term strategic partnership with ship management compnay V. Group to digitalize its seafarers’ payroll system. The deal also enables V. Group to make international corporate remittances, network payments, money transfers and all other forms of shoreside and onboard payments.Companies using ShipMoney’s Account Management System can pay crew members instantly with a single file upload or from their own crewing/payroll system via an API integration.

ShipMoney has expanded its agreement with Bernhard Schulte Shipmanagement (BSM) to include the ship manager’s global fleet.Extending the existing agreement to the worldwide fleet reinforces BSM’s commitment to digitizing its payment processes to enable greater financial management efficiencies for all crew wages and CTM payments while offering seafarers freedom and flexibility to manage their wages.ShipMoney is a purpose-built proprietary digital account management system which enables bespoke scalable payment solutions.

Construction has started on a 35m Catamaran for CTM Deher of Guadeloupe in the French West Indies. The Incat Crowther 35 is being built by PT Kim Seah Shipyard Indonesia, a wholly owned subsidiary of Singapore’s publicly listed Penguin International Limited, using Incat Crowther’s Digital Shipbuilding solution, a process that is designed to bring the designer, shipyard and owner together in one cohesive process, from concept through delivery.A feature of Incat Crowther’s Digital Shipbuilding solution is a 3D digital model of a ship…

Dry bulk shipping company Golden Ocean Group Limited on Tuesdat announced it has terminated its relationship with Capesize Chartering Ltd. (CCL), a joint venture to coordinate the Capesize spot chartering services of Golden Ocean, Starbulk, CTM and Bocimar.Ulrik Andersen, CEO of Golden Ocean Management AS, said, "We have enjoyed our close cooperation with our CCL partners over the last five years. CCL was formed in 2016 to achieve greater commercial scale amid a challenging commercial environment. "Since then, the market has improved, and Golden Ocean has significantly expanded and modernized its fleet, most recently with the acquisition…

Stuart Ostrow developed ShipMoney as a means to make the process of paying crew more efficient and cost-effective for both vessel owner/operators and the crew. Little did he realize then that his company would be instrumental in helping seafarers during their greatest time of crisis.Stuart, to start, how did you come create ShipMoney and get into a career in the maritime business?I'm the definition of an accidental salesman. By professional training, I'm a Big Six CPA, and I was always one of those frustrated accountants. Many years ago, I read a business plan that talked about prepaid.

Monaco-based international owner and operator of dry bulk vessels GoodBulk has announced that Andrew Garcia has resigned from his position of president and director.The provider of marine transportation services said in a press release that its board has approved Brentwood Shipping and Trading’s appointment of Carlos Pena, Chief Commercial Officer of C Transport Maritime S.A.M. (CTM), as incoming Director.Pena has over 16 years’ experience in shipping across various areas and within CTM, GoodBulk’s commercial, operational and technical manager, he is responsible for overseeing all commercial activities.The company said that it is confident Pena will bring a wealth of knowledge and insight helping to further GoodBulk’s goals.

C Transport Maritime (CTM), the vessel management company in the dry cargo ocean transport industry, announced that four of its current members have added seven more vessels to the Supramax Revenue Sharing Agreement (RSA) in July and August 2019.According to the Monaco-based provider of ship management service, Chandris (Hellas) added the M/V Serene Juniper (57,185 dwt, 2011 built at STX Dalian).D’Amico Group added the M/V Medi Hakata (58,078 dwt, 2014 built at Shin Kurushima) , M/V Medi Manila (57,903 dwt, 2014 built at Tsuneishi Zhoushan), M/V Medi Yokohama (57,905 dwt, 2014 built at Tshuneishi Zhoushan) and the M/V Medi Segesta (58…

GoodBulk an owner and operator of dry bulk vessels announced that it took delivery of the Aquasurfer, a 2013 built Capesize vessel of 178,854 dwt built by South Korean Sungdong. The purchase – which is the sixth to deliver of the seven initial Capesize vessels acquired from funds managed by CarVal Investors pursuant to an agreement entered into on October 26, 2017 – was financed with a combination of cash on hand, availability under existing credit facilities and the issuance of 1,547,000 new common shares to funds managed by CarVal. The vessel is expected to be employed in the spot market via the Capesize Revenue Sharing Agreement (Capesize RSA) managed by C Transport Maritime SAM (CTM).

Five dry bulk shipping firms, including shipping tycoon John Fredriksen's Golden Ocean will form a new venture to coordinate chartering services, hoping to reduce costs in a fragmented market, the firms said in a joint statement. The firms, including Golden Ocean, Bocimar International, CTM, Golden Union Shipping and Star Bulk Carriers will form Capesize Chartering Ltd., aiming to start up operations by the second half of February. "The parties operate in the highly competitive and fragmented capesize industry, and neither party owns, controls or manages sufficient capesize vessels to provide competitively priced bids and efficient trading and operations to serve its customers," the firms said.

The Program Manager of the Visa ShipMoney Program announced that it has signed a multiyear Marketing and Business Development Agreement with SBNTEX, a wholly owned subsidiary of SBN Technologics. Under terms of the multiyear Agreement, SBNT will market and promote the ShipMoney Program to its customers and prospects throughout the world for the commercial maritime industry independently or as an integral component of SBNT’s payroll CTM module (PRC). S.B. Nair of SBNT stated, “Visa ShipMoney is a fantastic new benefit program for captains and crew that provides a safe…

The U.S. Navy and Northrop Grumman Corporation have installed Consolidated Afloat Networks and Enterprise Services (CANES) on the Arleigh Burke-class guided-missile destroyer USS McCampbell. The installation was completed during the ship's approximate five-month scheduled maintenance at U.S. Fleet Activities Yokosuka, Japan. Prior to installation, Northrop Grumman produced, integrated and tested the CANES system and delivered it for acceptance to the Tactical Networks Program Office, Program Executive Office of Command, Control, Communications, Computers and Intelligence (C4I).

Global trade management (GTM) solutions provider Amber Road has acquired EasyCargo, a Shanghai-based company in the same field specializing in complex Chinese trade regulations. EasyCargo is a cloud-based solutions company with a specific focus on a subset of global trade management called China Trade Management, or CTM. EasyCargo’s CTM solution provides extensive automation to support the Chinese government’s regulations for an import regime called Processing Trade. Processing Trade affects companies that import materials and components into China and use those materials and components to manufacture finished goods for export to foreign markets. When properly administered, Processing Trade transactions are exempt from import duties and value-added-taxes on export.

Mitsubishi Heavy Industries, Ltd. (MHI) has been awarded by Statoil, an international energy company with headquarters in Norway, to undertake a concept study for a technology qualification program (TQP) for one of the world's largest carbon dioxide (CO2) capture facilities. The approximately 3,400 tons-per-day (tpd) CO2 recovery system is targeted for installation at a 280 megawatt (MW) gas-fired combined heat and power (CHP) plant at Mongstad, on Norway's west coast. MHI will vie against other companies in a competition encompassing CO2 capture technology, facility performance, and construction and operation costs, towards facility construction slated to commence in 2016.

By Chief William J. Feller, NTTC Corry Station Public AffairsA revolution in Navy training is under way at Naval Technical Training Center (NTTC), Corry Station as the school reached a milestone in cryptologic training. Twelve new Fleet-ready cryptologic technicians graduates became the first Cryptologic Technician Maintenance/Operator (CTM/CTO) class to use the Network-Centric Common Core curriculum.In his recent address to the Naval War College’s annual Current Strategy Forum, the Chief of Naval Operations (CNO), Adm. Vern Clark, unveiled “Seapower 21” and introduced the term “FORCEnet,” which refers to Navy efforts to make the concept…

The potential for sea tourism and its significance as a key factor in the development of the economies of Greece, the Eastern Mediterranean and the Black Sea region will be examined in depth during the Posidonia Sea Tourism Forum, scheduled to take place 21-22 June 2011 at the prestigious Onassis Cultural Centre in Athens. The forum will focus on three key areas of sea tourism: cruise shipping, the yachting industry and inter-island and passenger shipping. The first Posidonia Sea Tourism Forum comes at a time when this form of tourism is showing rapid growth globally…

A new CTM 20 coating thickness gauge, that uses innovative ultrasonic technology, is available by Krautkramer Branson. The new instrument enables measurements to be made even on coatings and multilayers covering nonmetallic materials. It is possible to measure the total thickness as well as the thicknesses of the individual layers, with the CTM 20. There is also a wall thickness function that enables through-coating measurement of the test part. It is a compact, portable, battery-powered instrument

The new Ship Security and Alert Systems (SSAS) regulations were adopted by International Maritime Organization (IMO) to enhance maritime security in response to the increasing threat from terrorism and piracy. After July 1, 2004, most deep-sea passenger and cargo ships must be fitted with a device that can send an alert message containing the ship's ID and position whenever the ship is under threat or has been compromised. The distress message must be activated covertly from a switch on the navigation bridge or other shipboard location, and transmitted only to the designated authority without being received on other ships or raising an alarm on the ship under attack.

The Minister of Development Competitiveness and Shipping, heads of international cruise sector bodies, senior officials from Greece’s port authorities and representatives from a wide spectrum of the cruising industry agreed today that state protectionism is a stumbling block that discourages the potential growth of the country’s sea tourism. They were addressing an audience of 200 cruise industry professionals who attended the 2nd Posidonia Sea Tourism Forum held today, Wednesday 6th June, at the sidelines of Posidonia 2012, the world’s biggest shipping trade event. According to the Minister of Development, Competitiveness and Shipping, Mr Ioannis Stournaras, Greece attracts 4.3 million cruise line passengers every year who spend some Euro 430 million at greek destinations.