Implications of the Japan Crisis
In the aftermath of the devastating earthquake that has hit Japan, fears are growing over the potential for radiation leaks from damaged nuclear plants. Equity markets…
Oil Markets Adjust to Japan’s Disaster
Singapore, 16 March — The 11 March earthquake and tsunami in Japan, and the continuing nuclear crisis that they triggered, will have significant repercussions in global energy markets…
New Executive VP for Van der Velden Marine Systems
Paul van Maanen (48) has joined Van der Velden® Marine Systems as Executive Vice President. He brings with him years of experience as a Managing Director in the shipbuilding and aircraft industries. Van Maanen will join the Corporate Executive Board and be co-responsible for the overall operation and management of the entire Van der Velden group of companies. He joins a four men strong Corporate Executive Board…
Coast Guard Foundation To Welcome Uscg Barque Eagle
The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced today that it will host a reception to welcome the U.S. Coast Guard Barque Eagle at the Independence Seaport Museum at Penn’s Landing on March 18, 2011, from 7:00 PM to 8:30 PM. The official kick-off and first stop of the Eagle’s 75th anniversary tour…
L3 MPRI Installs Simulator in Philippines
ALEXANDRIA, Va., March 15, 2011 – L-3 MPRI, a global provider of integrated training solutions, which includes simulation-based training systems, services and turnkey training facilities, today announced the installation of its Safe Cargo Liquid Cargo Handling Simulator (LCHS) in Bernhard Schulte Shipmanagement’s (BSM) new Maritime Training Centre, which officially opened on Jan. 21, 2011 in Manila, Philippines.
Anchor-handling Capabilities Secure New Order For Cargotec
Cargotec has won a contract to supply two sets of MacGregor anchor-handling systems for two anchor-handling tug /supply / oil recovery vessels under construction at a Chinese Shipyard for a Singaporean owner. The anchor-handling equipment is scheduled for delivery at the end of 2011 and it will be manufactured at Cargotec’s facilities for offshore load handling in Singapore and China. • telescopic deck cranes.
New Report on Norwegian Energy Policy
Norway is pursuing ambitious, forward-thinking energy policies, but could go further in its efforts to become a low-carbon economy, the International Energy Agency (IEA) has concluded in a review published today. Energy Policies of IEA Countries - Norway 2011 Review says that it will be challenging for Norway to meet its 2020 target of reducing greenhouse gas emissions by 30% compared with 1990 levels…
Shippingefficiency.org Seminar Series Continues With Webinar
Shippingefficiency.org provides free environmental ratings of the world’s shipping fleet, based on standardized efficiency indexes, offering comparable data on 60,000 ocean-going vessels. Since its launch, the site has been hugely successful with an average 15,000 unique users per month and 1,750 registered users. Following the success of Carbon War Room’s first webinar in January, which attracted over 150 participants from across Europe…
First 2-Stroke Gas Engine Taking Quantum 1-Stroke
London: By introducing a new solution for LNG-fuelled ships, DNV and MAN Diesel & Turbo are taking the Quantum concept ship one stroke further. Both the machinery and the hull design and arrangement have been improved. A year ago, DNV launched its container ship concept – Quantum. This concept ship was designed to stir up a debate about shipping innovation. MAN Diesel & Turbo responded very positively…
Coast Guard, McGinniss Assist Restaurant Barge Adrift
The Coast Guard assisted local agencies with the response to a waterfront restaurant, Friday, March 11,that broke away from its mooring with 84 people onboard on the Ohio River.
TBS International Reports Q4 and Year 2010 Financial Results
DUBLIN, IRELAND, Mar 15, 2011 (MARKETWIRE via COMTEX) --TBS International plc (NASDAQ: TBSI) announced today its financial and operating results for the fourth quarter and year ended December 31, 2010. Joseph E. "The TBS results for the fourth quarter 2010 reflect the ongoing downward pressure on dry cargo freight rates that have continued into the first quarter of 2011, as evidenced by the Baltic Dry Indices.
FleetBroadband for Fairplay Towage Deep-Sea Tugboats
Stratos Global is deploying the Inmarsat FleetBroadband satellite communications service on six deep-sea tugboats in Fairplay Towage’s fleet. Deployment on four…
Diana Containerships Inc. Announces Direct Continuation of Time Charter Agreement for m/v Sagitta With A.P. Moller-Maersk A/S
ATHENS, Greece, March 15, 2011 (GLOBE NEWSWIRE) -- Diana Containerships Inc. (Nasdaq:DCIX), a global shipping company specializing in the transportation of containers, today announced that it has entered into a time charter contract with A.P. Moller-Maersk A/S for one of its container vessels, the m/v Sagitta, for a period of minimum twenty-two(22) to maximum twenty-five (25) months at a gross daily rate of US$22,000, minus 2.25% commission paid to third parties.
Thome Ship Management selects MarineLink as its sole eCommerce provider
Thome Ship Management, one of the world’s leading independent international ship managers, has chosen MarineLink eCommerce provided by EDB ErgoGroup as the sole eCommerce provider for its purchasing operations. The three year contract covers its entire fleet of about 150 vessels. E-business solutions are not new to Thome Ship Management, as the group has been using e-business solutions since 2005. In April 2007, Thome Ship Management added the then MTS to their e-business platform.
Japan Drilling Company awards $210m jackup contract to Keppel
Keppel FELS Limited (Keppel FELS) has secured a contract worth about $210 million from Japan Drilling Company (JDC) to build a KFELS Super B Class jackup rig. Slated for delivery in the first quarter of 2013, the rig will be JDC's first newbuild rig order in six years and Keppel FELS' first for JDC. Mr Wong Kok Seng, Managing Director of Keppel FELS, said, "JDC has been very specific with the requirements from their new jackup building programme.
Sanko and Hellespont Join Offshore Forces
The Sanko Steamship Co Ltd and Hellespont Group have entered into a joint venture for manning and/or shipmanagement services to Sanko’s and Hellespont’s offshore fleets through their Singapore subsidiaries. The Singapore-based joint venture company, Sanko-Hellespont Offshore Management Pte Ltd, owned by Sanko Ship Management (Singapore) Pte Ltd and Hellespont Singapore Pte Ltd on an equal partnership basis…
Intelsat Picks MacDonald, Dettwiler and Associates Ltd. for Satellite Servicing
Intelsat S.A., the world's leading provider of fixed satellite services, announced today that it has entered into an agreement with MacDonald, Dettwiler and Associates Ltd. ("MDA") for the servicing of Intelsat's on-orbit satellites via a space-based service vehicle to be provided by MDA. The innovative technology has the potential to extend the useful lives of Intelsat's satellites and enhance in-orbit reliability.
SAL Schiffahrtskontor Altes Land Puts Heavy Lift Ship in Service
SAL Schiffahrtskontor Altes Land has put the new building MV ‘Lone’ into service. Just three months after the German-based heavy-lift shipping company has sent the MV ‘Svenja’ - the world’s largest heavy-lift vessel - on its maiden voyage, the company’s fleet has now been expanded by a second vessel of the same Type 183. Just like its sister vessel, the heavy lifter was built at Sietas shipyard in Hamburg in six months. It has a lifting capacity of 2,000 tons and a speed of 20 knots.
ALPURE Ballast Water Treatment System Successfully Completes Corrosion Testing Program
FORT WASHINGTON, Pa. – 9 March 2011 – The BALPURE ballast water treatment systemfrom Severn Trent De Nora satisfies corrosion test recommendations of the IMO MEPC 59/2/16. The corrosion testing, performed by an independent third-party institute, proved the BALPURE system has no effect on coated steel, naval bronze and Cu-Ni alloys. Testing proved an insignificant effect on bare steel – so small that…
Ultra Slow Ships to Reduce Emissions
From January 1, 2011, 13 partners from nine European countries have been working on the project ULYSSES, funded by EU's Seventh Framework Programme, in order to develop environmentally friendly concept of ultra-slow ships. The budget for this EU project is over € 3.5 million. With climate change coming to the forefront of society's perception, there is increasing pressure on all industries to reduce…