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Issues First

ClassNK Issues Approval for ECDIS Training

NK_Hardhat web.jpg

ClassNK Issues First Type Specific Training Course Approval for ECDIS Certification to FURUNO INS Training Center Singapore. ClassNK issued its first Type Specific Training Course approval for an ECDIS(Electronic Chart Display and Information System) Training Course offered by FURUNO INS Training Center Singapore. The approval, which coincides with the grand opening of the new training center, certifies that the course offered by the center complies with the leading classification society’s new Standard for Maritime Education & Training   New requirements for the installation of ECDIS systems will be phased in from 1 July 2012, after which vessels will be required to navigate using ECDIS as their primary chart system. As part of this process, masters and deck officers will be required to undergo adequate training and prove their understanding and proficiency in using the new systems.   In addition to the generic ECDIS training required by the STCW Convention and Code, the governments of the UK and Ireland, as well as the Paris MOU, require masters and all deck officers on flag vessels which make use of ECDIS systems as their primary means of navigation undergo Type Specific ECDIS training for the ECDIS systems used onboard their vessels. In recognition of the growing demand for not only rigorous generic ECDIS training courses, but also high quality training programs for individual ECDIS Systems


Bureau Veritas Issues First EEDI Certificate

Sinopacific's Crown63 class Bulk Carrier, JS Amazon, gains BV's first EEDI rating   Leading international classification society Bureau Veritas has issued its first EEDI (Energy Efficiency Design Index) certificate to the ultramax geared bulk carrier JS Amazon, the lead ship in a new generation of ‘CROWN63’ vessels developed by China’s  Sinopacific Shipbuilding Group with bulk carrier expert Setaf-Saget.  


Bergesen Books Big Loss On Kvaerner Sale

Bergesen d.y. ASA booked a net loss of $24.3 million from the sale of all of its shares and rights issues in Kvaerner. Bergesen sold Kvaerner A-shares at 107.45 crowns and rights issues in A-shares at 24.45 crowns. From the first quarter of 2000 Bergesen's accounting has been done in dollars. It said as a result of the conversion from Norwegian crowns, the book value of the shares in Kvaerner were set at the dollar value at the time of acquisition


Liberia issues first Maritime Labour Convention Certificate

THE Liberian Registry has carried out the first ship inspection for compliance with the ILO Maritime Labour Convention 2006 (MLC), ahead of its entry into force. The inspection was performed on board the 7,000 teu containership UASC Yanbu, owned by D Oltmann Reederei GmbH & Co KG of Bremen, Germany, and managed by Anglo Eastern Ship Management Limited, at the port of Hamburg on March 29, 2011. Commending Anglo Eastern Ship Management Limited and the ship’s master and crew for


Euronav Pays Bond to Buy 15 Maersk Tankers

Photo: Euronav NV

Euronav NV will repay the US$235 million bond issued to finance the acquisition of 15 VLCC oil tankers from Maersk Tankers Singapore, following a closure of its Initial Public Offering (IPO) of ordinary shares on the New York Stock Exchange. According to press release, Euronav issued notice to exercise its right to request the contribution of 30 outstanding perpetual convertible preferred equity securities on January 30, 2015. It  expects to repay the bond on or around February 19, 2015


GOGL Takes Two More Vessels from Quintana

Image: Golden Ocean Group Ltd

 Golden Ocean Group (GOGL)  said it has taken delivery of additional two vessels, Q Myrtalia and Q Shea, from Quintana Shipping  in exchange for 1.95 million consideration shares.   A statement from the company said: "Reference is made to the stock exchange notice dated March 14, 2017 where Golden Ocean Group announced that it has entered into agreements to acquire 16 modern dry bulk vessels in an all-share transaction where the Company will issue in aggregate 17


MISC To Raise $600M To Buy Ships

Malaysia International Shipping Corp (MISC) will raise about $600 million in global bonds by mid-2001 to partly fund the purchase of four ships worth some $1 billion. "We are first going to the market to be rated by international agencies like Standard & Poor's and Moody's and then will look at issuing bonds," MISC managing director Mohd Ali Yasin said. He said the credit ratings and the bond issue, the first by MISC globally, would be completed by middle of next year.


Intertanko Launches Website at www.intertanko.com

This site will serve as a communication channel to the membership and colleagues in the tanker shipping world. Over the next few weeks, content will be added and will include more of the issues INTERTANKO is working on. Public information is accessible via the top-bar menu, including general information, membership, press releases, book shop, useful links etc. Tanker facts, a press room and image gallery are soon to follow.


This Day in Naval History – March 23

1815 - USS Hornet captures HMS Penguin in battle lasting 22 minutes 1882 - SECNAV Hunt issues General Order No. 292 creating Office of Naval Intelligence. 1917 - Launching of USS New Mexico, first dreadnought with turboelectric drive 1945 - Carriers begin pre-assault strikes on Okinawa, kamikaze attacks follow 1958 - First launching of simulated Polaris missile from submerged tactical launcher facility off CA.


Two Indian Shipbreakers Deemed HKC Compliant

Photo: Priya Blue Industries

ClassNK issues Hong Kong Convention Statements of Compliance to two ship recycling facilities in India    Two ship recycling facilities in Gujarat, India, R. L. Kalthia Ship Breaking Pvt. Ltd. and Priya Blue Industries Pvt. Ltd., have received Statements of Compliance (SoC) from classification society ClassNK verifying that the facilities are in line with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (HKC).  


Golden Ocean Adds Golden Keen

Photo: Golden Ocean Group

 Golden Ocean Group (GOGL) has announce that it has taken delivery of the last vessel, Q Keen (to be renamed Golden Keen), hence all 16 vessels are now delivered.    Golden Ocean has issued 1,050,000 consideration shares to Quintana Shipping Ltd


Standard Club Establishes New Offshore Advisory Committee

Logo: The Standard Club

 The Standard Club is driving developments in offshore P&I with the launch of the Standard Club Offshore Advisory Committee (SCOAC). SCOAC aims to analyse offshore trends, assist the club in further understanding and disseminating industry best-practice and develop new strategies to


Is China Shipbuilding Sinking into Tough Waves?

Photo: China Shipbuilding Industry Corp, Dalian Shipbuilding

The world’s largest shipbuilding nation China is facing some tough years ahead as new-vessel orders weaken and order backlogs decline, Caixin reported quoting China Association of the National Shipbuilding Industry (CANSI).   According to the industry association


Diana Containerships Announces 1-for-6 Reverse Split

Photo: Diana Containerships Inc

 Diana Containerships, a global shipping company specializing in the ownership of containerships, has announced that its Board of Directors  has determined to effect a reverse stock split of the Company’s common shares, par value $0.01 per share, at a ratio of one-for-six


T-Mining Pilot Project on Container Handling in Antwerp Port

Photo:  Port of Antwerp

 T-Mining is currently working on a pilot project that will make container handling in the port of Antwerp more efficient and secure. Using blockchain technology, processes that involve several parties – carriers, terminals, forwarders, hauliers, drivers, shippers etc


ClassNK and Green Award Strengthen Ties

Logo: ClassNK

ClassNK and Green Award announced that they would further broaden their cooperation to ensure safety and minimize negative effects of the shipping industry. ClassNK became a Green Award incentive provider.   ClassNK, a ship classification society


El Faro Investigators Call for Better Weather Forecasting

The eye of Hurricane Joaquin is visible in the lower left corner of this image taken from the International Space Station October 2, 2015. (Photo: NASA)

New recommendations coming out of the investigation into the 2015 sinking of U.S. cargo ship El Faro call for efforts to improve the weather information available to mariners.   All 33 crew on board died when the 790-foot El Faro sank close to the eye of Hurricane Joaquin near the Bahamas


Environmental Ship Index to Evaluate CO2 Performance

Photo: Port of Antwerp

 As of 1 July 2017, the Environmental Ship Index (ESI) started evaluating performance in the field of CO2, says a press release from Antwerp Port Authority.   To date, only the environmental performance of ships on emissions of air pollution (NOx and SOx) were assessed.   


Maersk: Too Early to Predict Financial Impact of Cyber Attack

File photo: A.P. Moller - Maersk

Asia CEO said ports have resumed releasing cargo; will discuss settlement, liability issues with customers.   Maersk said it was too early to predict the financial impact of last month's global Petya cyber attack that hit the shipping giant's computers and delayed cargoes


TVIB Issues Its First TSMS Certificate to Crounse

 On June 23, 2017, Towing Vessel Inspection Bureau (TVIB) issued its first Towing Safety Management System (TSMS) certificate to Crounse Corporation, who successfully completed a full Subchapter M TSMS audit including a review of its operations for compliance with Subchapter M.  


IMO Edges Towards Decarbonisation Objective

Photo: Seas at Risk

 The UN's shipping body has settled on the main elements of an interim strategy aiming to decarbonise the sector, said a press release from Seas at Risk.   Over 170 countries meeting at the International Maritime Organisation in London had some substantive discussion on objectives and


Gulf Navigation Issuing $250 million in Bonds by September

Dubai's Gulf Navigation Holding , a listed shipping firm, plans to issue $250 million in sukuk, or Islamic bonds, in late August or early September, the group's chief executive said on Monday.   The company has appointed First Abu Dhabi Bank to lead the transaction


Isiksan Ship Recycling in Compliance with HKC

Image: ClassNK

A ship recycling facility in Izmir, Turkey, ISIKSAN SHIP RECYCLING and TRADING Co. Ltd., has been issued a Statement of Compliance (SoC) from classification society ClassNK verifying that the facilities are in line with the Hong Kong International Convention for the Safe and Environmentally Sound


ClassNK Endorses Turkish Ship Recycling Facility

Image: ClassNK

 Leading classification society ClassNK  has issued a Statement of Compliance (SoC) to a ship recycling facility in Izmir, Turkey, ISIKSAN SHIP RECYCLING and TRADING, verifying that the facilities are in line with the Hong Kong International Convention for the Safe and Environmentally


GOGL Adds Dry Bulk Vessel

Golden Shui. File Photo: Golden Ocean Group Ltd

 Golden Ocean Group (GOGL) says that it has taken delivery of one dry bulk vessel, Q Deb.   "GOGL announced that it has entered into agreements to acquire 16 modern dry bulk vessels in an all-share transaction where the Company will issue in aggregate 17






 
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