NITC: Aims to Grow Fleet to 18mdwt by 2013
The National Iranian Tanker Company (NITC) based in continues to invest significantly in its fleet of ships, aiming to grow its fleet to 74 ships and more than 18mdwt by 2013, said Captain R. Ghareh, Area Manager based in the company’s Dubai, UAE office, during a recent interview. This level is a sharp increase from its current fleet, which includes 43 ships (including 28 VLCCs) total 10.6mdwt. Making up the bulk of the new fleet is an existing order for 22 new VLCCs costing a cumulative $3.3b.
NITC: Piracy Prevention is Priority One
While the National Iranian Tanker Company (NITC) is a proponent of weapons on commercial ships as a means to thwart piracy, it respects and stays in compliance with international and port-state mandates that reject lethal force in the hands of mariners, and pushes the use of non-lethal methods to stop potential attacks. NITC currently has a fleet of 43 ships (including 28 VLCCs) totalling 10.6mdwt, but aims to grow its fleet to 74 ships and 18mdwt by 2013. According to A.R.
Veson Nautical Expands, Opens Oslo Office
Veson Nautical expanded its corporate HQ and opened a new office in Oslo, Norway, to accommodate growth of more than 410% over the past five years and 70% in the past year, according to the company.
Report: Ship Delivery Underperformance in 2010
Industry concerns over the glut of newbuilding deliveries last year may have been overplayed as the three major shipping market segments - dry bulk, container and…
Costamare Invests in Fleet Expansion
Costamare Inc. (NYSE: CMRE) announced that it has contracted with Sungdong Shipbuilding & Marine Engineering Co., Ltd. for the construction and purchase of two newbuild containerships…
Maritime Coalition’s Congressional “Sail-In,” May 4, 2011
The U.S. Maritime Coalition has announced that this year’s Congressional “Sail-In” will take place on Capitol Hill on May 4, 2011. The Sail-In will look to build…
USCG Safety Alert: Inspection of Fuel Oil Quick-Closing Valves
U.S. Coast Guard Port State Control Officers (PSCOs) are discovering Fuel Oil Quick-Closing Valves (QCVs) intentionally blocked, modified, and poorly maintained preventing them from operating as designed during an emergency. QCVs are positive shutoff valves on fuel oil systems serving to isolate fuel tanks in the event of a fire and also prevent “fueling” of a fire in circumstances where system piping and components are compromised.
Liberian-Flag Fleet Doubles in 10 Years
The Liberian-flag fleet posted record growth figures in 2010 and has now doubled in size in the ten years since the management of the Liberian Registry was assumed…
Do Propellers Sing?
Yes, sometimes they sing: Some propellers in service produce a high-pitched noise, often referred to as “singing.” This sound typically is a clear harmonic tone much like a humming or a ringing wine glass. More of an annoyance than anything harmful, the causes of singing are not completely understood. Many theories have been put forward to account for the phenomenon of singing, but it appears to be affected by critical factors for which the theories make no allowance.
This Day in U.S Naval History – February 1
1941 - United States Fleet reorganized, reviving Atlantic and Pacific Fleets 1942 - USS Enterprise and Yorktown make first WW II air strike, Japanese Marshall Islands 1955 - Operation Deep Freez
This Day in U.S. Coast Guard History – February 1
1871- Using his administrative authority Secretary of the Treasury George S. Boutwell re-established a Revenue Marine Bureau within the Department and assigned Sumner I.