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Neda Maritime Achieves ISO 50001 Certification
Neda Maritime achieves ISO 50001 certification to join an elite group of tanker owners who are managing their energy use more effectively. After months of close work with Lloyd’s Register, Greek shipowner gains international standard. The Piraeus-based Neda Maritime Agency Co. Ltd has joined an elite group of ship operators who have certified their systems and processes against the ISO 50001 standard…
Daily Maersk Customers Save Money
42% of Maersk Line’s customers on the flagship “Daily Maersk” product between Asia and Northern Europe report direct savings on logistics costs. In 2011, Maersk Line launched Daily Maersk…
Heaving Line Warning
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…
Pirate-proof Communication System Launched by Beam
Beam’s new PotsDOCK Extreme Covert Piracy Solution utilizes the Iridium Extreme satellite handset and the Beam Covert Antenna system to provide a dedicated system…
Container Ship Service Marks Half-year of Reliability
'Daily Maersk', the revolutionary service of Maersk Line that promises absolute reliability on the Asia-North Europe trade, has now been running for six months…
Tackling Piracy: UK Government Response
Foreign Office Minister Henry Bellingham's speech to the British Chamber of Shipping on the UK Government’s response to counter-piracy. One of the most important duties of a Government is to protect UK citizens, both at home and abroad. In the networked world of the 21st century, insecurity in pockets of the world ripples outwards and the impact can be felt here at home. Africa is a long way from the UK.
Cole Hersee Announces FlexMod Low Voltage Disconnect Switches
Cole Hersee Company, a manufacturer of heavy-duty electrical and electronic products for the vehicle industry, announced the availability of its new FlexMod™ LVD, a family of configurable electronic modules that protect batteries and battery powered equipment. FlexMod LVD ensures that vehicles will start by controlling non-essential loads that can kill a battery. The module is ideal for those with fleets of emergency vehicles, delivery vehicles, boats, buses or utility trucks.
Moore Stephens Warns of Threats to UK Shipping
Accountant and shipping adviser Moore Stephens has welcomed the UK government’s decision to issue consultation papers on statutory residence and the taxation of non-domiciliaries.
Costa Favolosa Finishes Sea Trials
The Costa Favolosa has successfully completed the official sea trials. The naming ceremony is scheduled for 2nd July in Trieste, with an event dedicated to the 150th anniversary of the Unification of Italy. The Costa Favolosa, the new flagship of Costa Cruises, Italy’s largest tourism group and Europe’s no. 1 cruise company, has successfully completed her official sea trials. The ship, the 15th in Costa’s fleet…
ABB: Dual Rating Configuration for A100-L
ABB Turbocharging reported two achievements with turbochargers from the A100 family. The first A100 achievement is a new efficiency record. In final testing of the A190-L turbocharger for two -stroke low speed diesels, ABB technicians measured peak efficiency at 75.8%. “The 75.8% figure is all the more impressive because it was measured on a turbocharger featuring a higher pressure ratio than the model that achieved the previous record figure…
Hamburg Süd: Port Call in Tokyo Cancelled on Short Notice
In all decisions concerning the current situation in Japan, Hamburg Süd is acting according to the maxim of, first and foremost, safeguarding the well-being of the…
Hamburg Süd: Port Call in Tokyo Cancelled on Short Notice
In all decisions concerning the current situation in Japan, Hamburg Süd is acting according to the maxim of, first and foremost, safeguarding the well-being of the…
Hamburg Süd Calling at Ports In Japan
Hamburg, 25 March 2011. Immediately after the devastating results of the earthquake in Japan, Hamburg Süd set up a working group consisting of experts from various departments which is constantly monitoring the situation on the east coast of the Asian continent and can quickly and efficiently respond to any new developments. This working group today decided also to have the next vessel, the “Cap Isabel”…
Egyptian Crisis: Could it Spill into the Suez Canal?
As analysts continue to try and gauge the full economic impact of the fast-evolving political and social crisis in Egypt, the concern of the shipping industry are…
Washington State Ferry System Reform Action Plan
Washington State Ferries (WSF) said it will work to implement a majority of 36 recommendations made by an independent panel to improve ferry operations. Changes will come in ferry management…
Navigating Obstacles: Short Sea Shipping
Short-sea shipping, also referred to as the “Marine Highway” and, in some cases, “coastal shipping,” is the subject of more studies than we can list. Whatever the label, the concept refers to an initiative to get freight off our roadways, which are at capacity, and onto our waterways, which have to yet to be tapped to their potential. More than likely you’ve heard about the promises of this mode of transport…
Get Rational about Financial Ratios
By Richard J. Paine, Sr. Of the traditional five “C”s of credit: Capacity, Capital, Collateral, Conditions and Character, the first is foremost. It is the ability to repay debt. Financial ratios are the measure of that capacity. Derived from your company’s financial statements, ratios are key to determining your company’s credit rating. Your company’s credit rating will determine your success in securing financing or leasing for the projects needed to grow your business.
Homeland Security May 1 Briefing, Oil Spill Response
The following is a transcript from a May 1, 3:52 p.m. EDT, press briefing by Coast Guard Commandant Thad Allen, and Assistant to the President for Homeland Security…
Waterways Council on Lock & Dam Failure
Waterways Council, Inc. The failure of Markland’s main chamber miter gate is disturbing for many reasons, namely that the repair could take 90 days or longer to complete.
Turbocharger Cut-off System
To meet the growing demand for running large container vessels on varying loads, MAN Diesel has developed a turbocharger cut-out system that improves main-engine performance during low-load operation.