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First International

Stelmar To Resume Discussions With First International

Tanker operator Stelmar Shipping said it was ready to revive talks with Bermuda-based First International to buy six petroleum tankers once the latter is free of an ownership dispute. "Yes, we're there to talk again, and would be interested in talking again for sure," a top Stelmar official said. Stelmar and First International reached a $140 million deal for the ships last year but it fell through in October when First International became embroiled in a bitter legal dispute with a minor lender. The tanker fleet has since become ensnared in a fresh dispute, this time between First International and bondholders, which provided most of the $257 million to build the fleet. Stelmar listed in New York in February, with the purpose of raising funds to buy 10 products tankers from Osprey Maritime; a deal with First International would swell the fleet to 28. "It's no secret that Stelmar's in the business of growing its product tanker fleet, and assets like that are not always on the market," the official said. "We're going to have to start again, because we're a different company. We've moved on since then (the first deal)." Both First International and investment fund bond holders have asked a New York court to decide in coming weeks which of them controls the future employment of the six tankers.


Xtreme Delivers Fire-Rescue Boat to Taiwan

Xtreme Companies, Inc. manufacturer of mission-specific Fire-Rescue and Patrol boats, announced the delivery of its subsidiary 'First Responders Inc.'s' first ever international sale. The XFR.F.12 fire-rescue boat was delivered to Xtreme's Taiwanese distributor Shuanyi Industry Company LTDC two weeks ahead of schedule. Xtreme CEO Kevin Ryan stated, "It was extremely important for us to deliver our first international boat sale ahead of schedule. Shuanyi has


Conference on Light Weight Marine Structures

Navy-Vessel_web.jpg

The first international Conference on Light Weight Structures will occur September seven through 8, 2009, in Glasgow, UK. Cost savings is one of the criteria for successful structural engineering and transport application. The use of strong but light-weight members helps to achieve this in that the overall stress levels in a construction are reduced together with handling, manipulation and pay-load cost. These factors are important in such applications as ships


Conference on Light Weight Marine Structures

The first International Conference on Light Weight Marine Structures will occur September 7-8 2009, in Glasgow, UK. Cost savings is one of the criteria for successful structural engineering and transport application. The use of strong but light-weight members helps to achieve this in that the overall stress levels in a construction are reduced together with handling, manipulation and pay-load cost. These factors are important in such applications as ships


New ClassNK Surveyor Office in Cardiff

Nippon Kaiji Kyokai (ClassNK) announced the official opening of a new surveyor office in Cardiff, U.K. The new office becomes the fourth new office to be opened by the Society this year, following the establishment of new offices in Malaysia, Syria, and Peru earlier this month. The new Cardiff Office is also the Society’s fourth office to be opened in the United Kingdom joining offices in London, Newcastle, and Milford Haven


U.S. Coast Guard Commissions RINA

USCG Signing_web.jpg

Genoa-based classification society RINA has been authorized by the U.S. Coast Guard to conduct plan review and approval and initial and subsequent surveys for U.S.-flagged cargo and passenger vessels. Under the agreement signed yesterday, RINA has received delegation for Load Line, SOLAS, MARPOL, ISM, and Tonnage survey and certification services. The MOA delegating authority and establishing guidelines for co-operation between the USCG and RINA was signed at Coast Guard Headquarters in


Nor-Shipping 2003: Bigger Than Ever

When Nor-Shipping 2003 opens its doors on June 3 to the 19th shipping trade fair, nearly 1,400 exhibitors with close to 6,000 individuals representing more than 30 nations, will dominate the large new exhibition and congress center in Lillestrøm, which is just outside the city center The predecessor to the Nor-Shipping trade fair - an exhibition called Dekk og Dørk (Deck and Engine Room) — was held for the first time in the beginning of the 1960's


ILO Protocol on Seafarers' Conditions Sets International Legal Precedent

The International Labor Organization (ILO) campaign for minimum standards at work for seafarers has received an important boost with the forthcoming entry into force of two key international labor standards governing hours of work and the right to inspect ships. The 1996 Protocol to Convention No. 147* is set to make an international legal precedent as the first international instrument to allow countries to inspect ships purely because of concerns over seafarers' hours of work


ACP Hosts International Maintenance Congress

The Panama Canal Authority (ACP) hosts the first International Maintenance Congress, focused on developing a business culture of profitability, maintenance & sustainability. Experts from United States, Chile, Costa Rica, Colombia, Mexico, Brazil, Uruguay and Panama participate in the 16, January 2013 congress held in the Ascanio Arosemena Training Center through January 18, 2013. The congress will develop three main topics: reliability and maintenance


Northwest America Ports Release (Draft) 2013 Clean Air Strategy

Draft Document: Courtesy of NW Ports

The Port of Seattle, along with the Port of Tacoma and Port Metro Vancouver, implemented the first international ports clean air program in 2008, & now releases their DRAFT 2013 strategy. Agency partners include U.S. Environmental Protection Agency, Puget Sound Clean Air Agency (PSCAA), Washington Department of Ecology, and Environment Canada. Named the Northwest Ports Clean Air Strategy, this collaborative program seeks to:


Seattle/Tacoma Box Volumes Rise in March

(Photo: The Northwest Seaport Alliance)

Total domestic and international container volumes at the Port of Seattle and Port of Tacoma increased by more than 14 percent for the month of March, and year-to-date volumes were up 10 percent.   March international container volumes performed strongly post-Lunar New Year


ICS Urges IMO to Set Ballast Water Implementation Dates

© tempakul / Adobe Stock

 The International Chamber of Shipping (ICS) has urged the International Maritime Organization (IMO) to back a proposal from a broad coalition of governments concerning the implementation dates for installing new ballast water treatment systems.   


ICS Pleased with IMO's Enviromental Progress

Simon Bennett (Photo: ICS)

Commenting on the outcome of last week’s meeting of the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC), the International Chamber of Shipping (ICS) – which represents the world’s national shipowners’ associations – says it is


Indo-Pacific Endeavour 2017 Completes

A United States Navy Seahawk helicopter and a United States Marine Corps MV-22 Osprey from USS Bonhomme Richard conduct landings on the flight deck of HMAS Adelaide, with HMAS Darwin in the background during Indo-Pacific Endeavour 2017. ABIS Steven Thomson (photographer), POIS Andrew Dakin (photographer). Photo: Royal Australian Navy

 The Australian Defence Force Joint Task Group, Indo-Pacific Endeavour 2017, has completed the first international engagement activity of the deployment.   HMAS Adelaide, one of the Royal Australian Navy’s Canberra class amphibious ships


Adani Ports Income Up by 15%

Gautam Adani Courtesy Adani Ports

Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the quarter and nine months ended December 31, 2015. Consolidated total income including other income increased by 15% to


Rosneft Starts Drilling First International Offshore Well

Russian oil producer Rosneft's Vietnamese subsidiary has started drilling an exploration well off the south coast of Vietnam, it said on Wednesday.   It is Rosneft's first individual international offshore drilling project as an operator, Russia's largest oil producer said in a statement.


First Ocean Ship of 2016 Docks into Indiana Port

Indiana Port Courtesy Port of Indiana

The Port of Indiana-Burns Harbor opened the 2016 international shipping season today with the arrival of the M.V. Lubie , a 623-foot bulk carrier from Europe. To commemorate the first ocean vessel of the year, the captain was presented with the Port of Indiana 'Steel Stein.'  


AIDA Cruises Sets Its Sights on the Chinese Market

Photo courtesy of AIDA

American/British owned German cruise line AIDA Cruises has launched its first marketing campaign on the Chinese market. From April 2017, with AIDAbella, AIDA Cruises will, for the first time, deploy a ship in China all year round and, in close cooperation with Costa Asia


Singapore to Focus on Improving Navigational Safety

Image: Maritime and Port Authority of Singapore

 The Maritime and Port Authority of Singapore (MPA) launched the first-ever International Safety@Sea Conference in Singapore.    The conference will run for two days and concludes on 31 August 2016. Held as part of Safety@Sea Week


Inmarsat Sponsorship for safety H.E.R.O.

International Maritime Rescue Logo

Inmarsat will commemorate the untimely passing earlier this year of one of the architects of its Maritime Safety Operations network by sponsoring the first International Maritime Rescue Federation (IMRF) H.E.R.O. Award for outstanding service to maritime search and rescue


IMO: New Requirements for International Shipping

Photo: International Maritime Organization

 An important milestone on the road to controlling greenhouse gas emissions from international shipping has been achieved with the adoption of new mandatory requirements by the industry’s regulatory authority, the International Maritime Organization (IMO).  


MSC Sinfonia Kicks Off SA's Cruise Season

Cruise Season Launch Photo MSC

The South African 2016/17 cruise season kicked off this morning with the arrival of the first international cruise liner, MSC SINFONIA, at the Port of Durban. Carrying a full capacity of 2600 European and South African passengers, the vessel arrived from Venice in Italy and was greeted by the


World’s First Full Scale Numerical Modelling Workshop

Ship scale CFD simulation made with StarCCM+ code (Photo: Lloyds Register)

Lloyd’s Register (LR) hosted the world’s first workshop on full scale hydrodynamic computer simulations at their Global Technology Center in Southampton last month. Ship designers from around the world came together with the aim of building confidence in the accuracy of ship scale


IMO Secretary-General Speaks Out Against Regional Emission Trading System

Photo: International Maritime Organization (IMO)

 International Maritime Organization (IMO)  Secretary-General Kitack Lim has written to senior European officials expressing his concern that including shipping in the European Union’s Emission Trading System (EU-ETS) could undermine efforts to reduce greenhouse gas (GHG) emissions


Belgium Accedes to Oil Pollution Response Treaty

Photo: International Maritime Organization (IMO)

 Belgium has become the 112th State to accede to International Maritime Organization (IMO)'s International Convention on Oil Pollution Preparedness, Response and Co-operation (OPRC).    The treaty establishes measures for dealing with pollution incidents






 
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