Invoicing Error Lays Massive Bill on Shipbroker
ITIC revealed how an invoicing error led to a shipbroker being asked to foot the bill for a bunker supply amounting to more than three-quarters of a million dollars. In its latest Claims Review, ITIC cites the case of a chartering broker which arranged a fixture for a voyage from the Black Sea to Singapore. The recap showed the identity of both the registered owner and the disponent owner with whom the negotiations had been concluded.
General Dynamics to Supply Core Mission System for U.S. Combat Ships
General Dynamics Advanced Information Systems was awarded a contract by Austal USA to be the Platform Systems Engineering Agent (PSEA) of Littoral Combat Ships (LCS) 14 and 16.
Wilson Sons Reports a 170% Profits Increase
Wilson Sons Limited announced its results for the First Quarter (1Q13). The Companyâs Net Income reached $19.5 million, primarily due to strong performances in the TowageâŚ
Advisors Forecast Offshore Wind Market Through 2022
Energy advisors Douglas-Westwood will present at All Energy 2013, in Aberdeen, May 22, and Frank Wright, Renewable Energy Manager, will outline findings of the soon to be released Offshore Wind Market Forecast, giving a global overview of the industry through to 2022. Mr. Wright will be providing a global overview of the offshore wind sector as part of the offshore wind session titled âCurrent State of Play â and the Way Forward.â During his talk, Mr.
Germanischer Lloyd Certifies SimulationX
ITI GmbH today announced that for the first time a marine application of the interdisciplinary simulation software SimulationX has passed Germanischer Lloydâs (GL) type approval certification.
Hamburg Süd 2012: Better, but Not yet Good Enough
Following the powerful recovery of the world economy in 2010 and a weaker 2011, global growth continued in the past financial year, albeit at a slower pace. Against this backdropâŚ
Navies Sign Submarine Rescue Arrangement
The Royal Australian Navy (RAN) signed an arrangement with the Republic of Singapore Navy (RSN) during the International Maritime Defense Exhibition and Conference (IMDEX) in Singapore. Chief of Navy Vice Admiral Ray Griggs, who signed the agreement with his Singaporean counterpart Rear Admiral Ng Chee Peng, said the Submarine Rescue Support and Cooperation Arrangement was developed between the RAN and RSN to enhance submarine rescue system availability between both navies.
Martek Urges Shipowners to Install Gas Detectors
Martek Marine said that shipping companies are putting themselves at risk of facing corporate manslaughter charges if they do not carry an adequate number of maintained and certified gas detectors. European Marine Equipment Directive (MED) approval is a legal requirement for equipment aboard EU flagged vessels and a number of non-EU flag authorities who have also signed up to the protocol where oxygen or other flammable gas is potentially present.
Indian Navy Chose Ullman Seats as New Standard
Solas Marine in Sri Lanka was awarded a contract for 80 FICs, Fast Interception Craft, for the Indian Navy, with an option for 80 more boats. The Albert Nazarov designed FRC has been extremely well received by the Navy and the production rate is now increasing to up to three boats per month. Advanced armament and surveillance equipment, as well as gear for hostile boarding in adverse conditions, in combination with good sea keeping and speed capacity exceeding the specâŚ
NGO's Condemn IMO Environmental Implementation Delays
The International Maritime Organisation (IMO) today decided to postpone the entry into force of nitrogen oxide (NOx) emissions limits for ship engines from 2016 to 2021.
ISA Establishes U.S. Office
Edward R. On 10 May 2013, International Shipyards Ancona (ISA) announced the grand opening of its North American operations with an office at the Portside Yachting Center on at the 17th Street Causeway in Fort Lauderdale. It was auspicious timing for ISA as the day marked its 12th anniversary. ISA President of Sales and Marketing, Marcello Maggi, was on hand at a celebratory cocktail party at the Bimini Boatyard Restaurant with brokersâŚ
Geodis Wilson Honors Innovators
Geodis Wilson honored its employees who have shown particular creative prowess as the company announces the winners of its annual Innovation Masters Award recognizing outstanding internal innovative initiatives throughout the logistic service providerâs global network. The Innovation Masters Award (IMA) is Geodis Wilsonâs internal competition designed to stimulate innovative thinking and to improve the performance, processes and products of the Company.
CMA CGM Launches Three New Joint Services, Restructures Routes
In view of continuous challenging trading conditions effective from July 2013 CMA CGM, Maersk Line, Hamburg Süd, CSAV, China Shipping Container Lines and Hanjin will restructure their services between the Far East and South America East Coast by launching three new joint services. -ASAS 2/NGX 2/SEAS 2/ASAX 2: Currently operated by Maersk Line, Hamburg Süd, CSAV, CMA CGM and China Shipping Container Lines. -SEAS 1/ASAX 1: Currently operated by CSAV, CMA CGM and China Shipping Container Lines.
Kongsberg Upgrades Riser Management System
Kongsberg Oil & Gas Technologies AS (KOGT), a wholly owned subsidiary of Kongsberg Gruppen ASA, announced the latest release of the advanced Kongsberg Riser Management System (RMS), which introduces a number of new features developed to enhance situational awareness and improve data presentation. RMS is a real-time monitoring and decision support system for safe and optimal operation of drilling and work-over riser systems based on instrumented monitoring of critical parameters.
Damen Brest Service 50 Vessels in First Year
Since acquiring Sobrena, Damen Shiprepair Brest has serviced 50 vessels from leading shipowners and managers. The yardâs work portfolio includes a large number of Afra/Suezmax tankers and LNG carriers. The latest project concerns the Höegh LNG owned and MOL LNG Transport managed 123,800M3 LNG LIBRA, which is presently at the yard. Jos Goris, Managing Director of Damen Shiprepair Brest, said, âWe areâŚ
First on Forth for Alnmaritec
Alnmaritec announced the recent delivery of a new 50 passenger ferry to the Forth Crossing Bridge Constructors JV who are currently building the Forth Replacement Crossing over the Firth of Forth for the client, the Scottish Government. The £790M new bridge will sit alongside the famous Forth Road and Rail bridges and will be 1.7 miles long, carrying two lanes of motorway traffic in each direction.
Slight Growth in Port of Hamburgâs Seaborne Cargo Handling
At 32.8 million tons, total seaborne cargo throughput for the first three months of 2013 put the Port of Hamburg back on a growth course. The trend in bulk cargo handling, especially, fuelled the increase in seaborne cargo handling: In the first quarter of the year a total of 10.1 million tons of bulk cargoes were handled in Hamburg, corresponding to an increase of 6.3 percent. At 2.2 million TEU (20-ft standard containers)âŚ
IPIC Takes Over Chairmanship of Gulf Energy Maritime
Abu Dhabi Government-owned investment group, International Petroleum Investment Companyâs (IPIC) Khalifa Abdulla Al Romaithi, Head of Portfolio Management Division, has taken over chairmanship of Gulf Energy Maritime PJSC (GEM), from Saeed Abdulla Khoory, Chief Executive officer of Emirates National Oil Company (ENOC). Al Romaithi assumes GEM's top post in its Board of Directors, which rotates every three years between IPIC and ENOC.
ABB Increase Promotion of Valve Control Management
ABB Turbocharging said it will step up its promotion of variable valve train system, Valve Control Management (VCM). VCM helps a turbocharger to manage air activelyâŚ
DNV Sees 27% Annual Revenue Increase
DNV said its continued focus on safety and service quality and the ability to provide leading-edge technology advice and solutions contributed to its market and financial performance in 2012. The company reported that revenues increased by 27% compared to 2011, and DNV strengthened its global position in all its key areas: maritime, oil and gas, energy and sustainability and business assurance. DNV Group CEO Henrik O.