Former Chief of Daewoo Shipbuilding Gets 6 Years in Jail
Former Daewoo Shipbuilding & Marine Engineering (DSME) boss Nam Sang-tae sentenced to six years in prison by Korean court for embezzlement and bribery, Yonhap reported. The report said that the Seoul Central District Court handed down the guilty verdict to Nam Sang-tae, 67, convicting him of accounting fraud, embezzlement, breach of duty and bribery. The court ordered him to forfeit 880 million won (US$806,000). Prosecutors have demanded an eight-year prison term.
LR Presents CES Descriptive Notes to China Smart Ship
Great Intelligence, the first China smart ship, was presented with Lloyd's Register (LR) cyber-enabled ship (CES) descriptive notes. Great Intelligence was designed by Shanghai Merchant Ship Design and Research Institute (SDARI) and built at Guangzhou Wenchong Shipyard Co., Ltd (GWS), a subsidiary of China State Shipbuilding Corporation (CSSC). Along with LR, System Engineering research Institute (SERI) and China Class Society (CCS) were also involved in this project.
DNV GL presents GTT and TECHNOLOG with GASA
The classification society DNV GL presented GTT, together with its partner TECHNOLOG, a General Approval for Ship Application (GASA) statement for the retrofit of very large container vessels (VLCVs) with exoskeleton membrane LNG tanks. LNG membrane tanks will generally offer more efficient space utilisation for cargo storage and as fuel tanks. The exoskeleton concept offered by GTT, and developed in partnership with TECHNOLOG…
Costa Group's New Gen Ships Will Call Marseille
Costa Group – part of Carnival Corporation & plc, the world’s largest cruise company – announced that its new generation ships, the first LNG powered at sea, will call Marseille in 2019. The Costa Group, the leading tourism group, the No. 1 cruiser in Europe has renovated its commitment to Port of Marseille through different initiatives that began in 1996 when the new cruise called “La Dolce Vita”…
NGOs, Unions Denounce Certification Issued to PHP Yard by RINA
In October, the PHP Family (Peace Happiness and Prosperity) shipbreaking yard received a Statement of Compliance with the Hong Kong Convention by the Italian classification society RINA. Trade unions in Bangladesh, as well as the Platform’s member Bangladesh Institute for Labour Studies (BILS), are concerned that such a labelling sets a dangerous precedent for the further green-washing of the Chittagong beaching yards.
DMA Call for Various Certificates
Time has come to apply for renewal of CLC, Bunker, Athens and Wreck Removal Certificates from the Danish Maritime Authority(DMA). The certificates must be renewed once a year when the underlying insurance expires. Ships that are required to hold a certificate must not operate without valid certificates. Many certificates expire on 20 February 2018; these are typically the CLC, Bunker, Athens and Wreck Removal Certificates based on P&I insurance.
European Council Agrees to Implement ECSA-ETF Agreement
European shipowners and European transport workers speak together to warmly welcome today’s adoption of a Council Directive improving seafarers’ working conditions. This change will implement an agreement between the European Community Shipowners’ Associations (ECSA) and the European Transport Workers’ Federation (ETF), which will bring European rules up-to-date with international best practice. The…
Indian Ports Cargo Traffic Up 3.46%
Major ports in India have recorded a growth of 3.46% and together handled 439.66 Million Tonnes of cargo during the period April to November, 2017 as against 424.96 Million Tonnes handled during the corresponding period of previous year. For the period from April- November 2017, nine Ports (Kolkata (including Haldia), Paradip, Visakhapatnam, Chennai, Cochin, New Mangalore, Mumbai, JNPT and Kandla) have registered positive growth in traffic.
Diana Shipping Time Charters Capesize Bulker
Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with EGPN Bulk Carrier, Hong Kong, for one of its Capesize dry bulk vessels, M/V Boston. The gross charter rate is $17,000 per day, minus a 5 percent commission paid to third parties, for a period of minimum 16 months to maximum 19 months. The charter commenced yesterday. The m/v Boston was chartered, as previously announced, to Clearlake Shipping Pte.
V.O. Chidambaranar Port Sets New Record
India government-owned V O Chidambaranar Port Trust (VOCPT) in Chennai created a new record for single day handling of cargo yesterday, when it handled 36,526 Metric Tonnes of thermal coal at the berth NCB-I from the vessel MV. Asian Champion. The previous single day record was 35,656 Metric Tonnes of thermal coal at the same berth from the vessel MV. Tentenc on 30.10.2016. Shri I. Jeyakumar, Chairman of V.O.
ZF CEO Sommer Steps Down
ZF Friedrichshafen AG chief executive officer Dr. Stefan Sommer has left the company after five years at the head. Finance Board Member and CEO Deputy Representative, Dr. Konstantin Sauer, will fill in as CEO on an interim basis. The news follows the company's recent appointment of Dr.-Ing. Franz-Josef Paefgen as its new chairman.
Excelerate Buys EXMAR’s Share in Four FSRUs
Excelerate Energy has acquired the full 50 percent shares held by EXMAR in four companies, Excelerate NV, Explorer NV, Express NV and Excelsior BVBA, each owners of the respective Floating Storage and Regasification Units (FSRU) registered under the same names, and all four of which are under a long-term time charter to Excelerate Energy. The sale of the first three companies has been completed, while the sale of EXMAR’s shares in the fourth company…
NASSCO Begins Building Matson’s LNG-ready ConRos
San Diego shipyard General Dynamics NASSCO said it has begun building the first of two liquefied natural gas (LNG)-capable combination containership/roll-on, roll-off (ConRo) vessels for Matson Navigation Company, Inc., a wholly owned subsidiary of Matson, Inc. The 265-meter-long, 3,500 TEU Kanaloa class design was developed by the shipyard in partnership with Daewoo Ship Engineering Company, and incorporates Tier III compliant LNG-capable main and auxiliary engines…
Queen Elizabeth Welcomes UK’s New Aircraft Carrier
The U.K.’s newest aircraft carrier HMS Queen Elizabeth was commissioned into the Royal Navy fleet this morning by Her Majesty The Queen. Serving as the ship's Lady Sponsor, The Queen addressed guests before the ship's Commanding Officer, Captain Jerry Kyd, and read the commissioning warrant at a ceremony in Portsmouth Naval Base. The ceremony, attended by Her Royal Highness Princess Anne, Defense Secretary Gavin Williamson and military chiefs…
Box Ship Breaks from Mooring in Boston
The U.S. Coast Guard said it is investigating how a containership broke free from its mooring in Boston on Wednesday morning. The Coast Guard, along with Massport Fire Department…
MAN Brings Latest Tech to Marintec
MAN Diesel & Turbo has brought its new 45/60CR and ME-LGI engines, as well as its innovative HP-SCR emissions reduction technology to Marintec 2017, which is being held this week in Shanghai. MAN recently revealed its new flagship engine, the successor to its 48/60CR engine in the company’s 4x line of high-performance diesel engines. The MAN 45/60CR marine diesel engine will initially be available as 12V and 14V versions that boast power outputs…
Gangway Innovation Allows Safer Transfer at Offshore Wind Farms
Ampelmann has created, in cooperation with Seaway Heavy Lifting, an industry first innovation allowing workers safe and efficient access to install the jackets for 84 wind turbines on the Beatrice Offshore Windfarm Limited project in the Outer Moray Firth. Global offshore contractor Seaway Heavy Lifting awarded the EPCI contract to Ampelmann to design and create an Angular Boom Tip. This will allow secure connection at difficult angles for safe gangway transfer between the 5…
Sistema Welcomes Efforts to Resolve Conflict with Rosneft
Russia's Sistema conglomerate said on Thursday it welcomes all efforts to resolve its legal conflict with Rosneft after the oil major filed a new, $2.2 billion, lawsuit seeking damages.
Wärtsilä Signs on Shuttle Tanker Development Project
Wärtsilä has signed a joint industry project cooperation (JIP) undertaking with Dalian Shipbuilding Industry Company (DSIC), a part of the China Shipbuilding Industry Corporation. The objective of the JIP is to develop a preliminary production level design for a 127,000 dwt shuttle tanker that may be built by DSIC with DNV-GL classification. The agreement was signed in October 2017. The demand for shuttle tankers is forecasted to increase…
Andrade Named CFO at Teekay Tankers
Stewart Andrade has been appointed Chief Financial Officer of Teekay Tankers, succeeding Vince Lok who will remain Teekay Corporation’s Executive Vice President and Chief Financial Officer.