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Provides Update

Aries Maritime Transport Provides Update on the Bora

Aries Maritime Transport Limited announced that it has withdrawn the Bora, a 2000- built double-hull products tanker, from the vessel's charter with PDVSA, and is currently marketing the vessel for a new charter. Mons S. Bolin, President and Chief Executive Officer, commented, "Rates for products tankers remain firm and we are actively pursuing a new charter for the Bora in the international market. We remain committed to employing our vessels on period charters with leading charterers in order to provide shareholders with a stable revenue and dividend stream."


BSEE Updates Hurricane Reporting Requirements

BSEE is providing updated guidance for the current and future hurricane seasons through a Notice to Lessees (NTL) released July 27, 2015. NTL 2015-G02 clarifies reporting requirements related to personnel evacuation, production curtailment, and shut-in activity. These reports are received and processed within BSEE’s hurricane response team and is required to help mitigate risks associated with hurricanes and tropical storms on the Outer Continental Shelf (OCS).


Aries Maritime Provides Update on the Ostria

Aries Maritime Transport Limited announced the Ostria, a 2000-built products tanker, has returned to service effective January 13, 2008 following the completion of previously announced repairs and preventative maintenance works. The vessel is currently deployed in the spot market as the Company explores period charter opportunities. Aries has received an initial payment of approximately $850,000 in respect to its claim under repairs insurance for the Ostria


Royal Caribbean Cruises Added to NASDAQ Sustainability Index

Serenade of the Seas: Photo credit RCL

Royal Caribbean Cruises Ltd (RCL) recognized as one of the top 100 companies in the world for its sustainability practices. The NASDAQ OMX CRD Global Sustainability Index is designed to track the performance of companies that are taking a leadership role in sustainability performance reporting. These companies have voluntarily disclosed their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity


Middle East Remains Only Low-cost Oil Source: New IEA Report

Report frontispiece: Image IEA

The rising demand for cleaner and flexible energy from two emerging major economies, China and India, may keep the petrochemical market tight, although the shale gas boom in the US is disturbing energy markets around the world, considers the International Energy Agency's (IEA) 'World Energy Outlook, 2013'. Large differences in regional energy prices are set to affect industrial competitiveness, influencing investment decisions and company strategies


ABS' New Condition Monitoring Guidance

Monitoring Courtesy ABS

Guidance Notes and Guide provide information for choosing monitoring techniques and insights for achieving classification. ABS has published two documents to help industry with condition monitoring. The new ABS Guidance Notes on Condition Monitoring Techniques helps owners choose appropriate monitoring techniques, and the ABS Guide for Surveys Based on Machinery Reliability and Maintenance Techniques provides updated methodologies for achieving classification notations applied to machinery


American Superconductor Provides Update

American Superconductor Corporation issued an update on recent advances in the utilization of high temperature superconductor (HTS) wires in electric power applications, including power generation, transmission and distribution, and ship propulsion electric motors. Power Generation: On October 28, GE announced its plans for the development of high efficiency electric generators based on high temperature superconductor (HTS) wires (see


Maritime World Joins Together at Asia Pacific Maritime 2001

With an expanded profile and vast interest from the marine industry, this year's Asia Pacific Maritime is scheduled to be the largest ever since its commencement in 1990. The exhibition, which will be held from September 5-7, 2001 and organized by PSA Exhibitions and Reed Exhibition Companies, is expected to draw key industry members from more than 500 companies worldwide. International participation is from 12 country groups — including Belgium, China, Denmark, France and Norway.


ABS Wins Classification Award

ABS_1.gif

At the 5th Annual International Maritime Awards, presented at ShipTek, ABS received Marine BizTV’s award of Best Classification Society. The occasion marks the second year the society received the award. “Service delivery is paramount to our classification society,” said ABS Regional Vice President, Middle East Region, Joe Brincat.  “We have maintained our focus on providing additional technical and software services to enhance our class services


N. American World Maritime Day Observance features Piracy, Stewardship, Safety

Piracy will be the focus of this year’s North American World Maritime Day Observance being held in Tampa, FL on October 27th followed by a US Coast Guard Missions conference on October 28th which will feature panel discussions on the stewardship, safety and security missions of the Coast Guard.  Both events will be held at the Marriott Waterside in Tampa and are free and open to the public.  North American regional representatives from industry


DNV GL Eyes Dynamic Risk Assessment

Photo: DNV GL

Traditional risk management practices involves operators navigating large static risk reports, in addition to handling massive amounts of data, with a limited timeframe to make risk informed decisions during operations.    DNV GL launches a position paper showing how risk assessments


Nautisk, MarineMTS to Provide ENC Auto-Updates

Photo by Nautisk Forlag

 Global maritime software solutions provider Nautisk has announced that it is working with MarineMTS to provide automatic ENC updates to vessels sailing with ECDIS.   Nautisk’s new Head of Innovation and Product Development Kjetil Bentsen said: “We approached MarineMTS to


BIMCO Guidance For Charter Negotiations

Pic: BIMCO Building. Official FB Page

 BIMCO has re-launched one of its most enduringly popular publications – Check Before Fixing.   Check Before Fixing is an indispensable tool used across the industry for daily chartering and shipping transactions. Since the first edition was issued more than 30 years ago


NMTP Training in Antigua and Barbuda

Photo: International Maritime Organization (IMO)

 A three-day National Maritime Transport Policy (NMTP) workshop has been held in St. John’s, Antigua and Barbuda (16-18 May).    The event provided valuable knowledge and skills to those involved in the development, adoption and review of a NMTP in the country.  


What's next from Maritime Reporter TV?

Jim McCaul, founder of International Maritime Associates, and Greg Trauthwein, Editor, Maritime Reporter & Engineering News (Photo: Eric Haun)

Jim McCaul, founder of International Maritime Associates, sat with Maritime Reporter TV's Greg Trauthwein in Washington, D.C. to discuss key market trends affecting the global energy and maritime sectors. With inimitable insight, McCaul offers a candid look into the state of U.S


US Maritime Advisory System Established

The new U.S. Maritime Advisory System establishes a single federal process to expeditiously provide maritime threat information to maritime industry stakeholders, including vessels at sea.   The system, which was created by the U.S. Maritime Administration (MARAD)


PC Maritime Earns DNV-GL Certification

PC Maritime gets DNV GL ECDIS certification.

DNV-GL has issued an official certificate for PC Maritime’s Navmaster ECDIS after the company passed all the tests.  Navmaster ECDIS is up-to-date against all current standards including the new IEC 61174 Edt. 4 and the IHO Presentation Library Edt 4.0.


Future Maritime Leaders Practice Policy Planning

Photo: International Maritime Organization (IMO)

 Maritime law students in Malta have been introduced to key issues in maritime transport policy making in a seminar at the IMO International Maritime Law Institute (IMLI) in Malta (7-9 February).    The event focused on the National Maritime Transport Policy (NMTP) concept


ABB’s OCTOPUS for Greenland Heavylift Newbuilds

GPO Under Construction (Photo: ABB)

ABB’s OCTOPUS marine software was chosen for four new semi-submersible heavy lift vessels currently under construction at CSBC Corporation in Taiwan, with the first expected to go into service in 2017.   The ships, owned by Greenland Heavylift Holdings


Fire Breaks Out Aboard US Car Carrier

A fire has broken out out aboard the U.S. car carrier Honor in the English Channel while the vessel was en route to Baltimore from Southampton on February 24.   “The 21 crew are still on board the vessel and they are safe and well,” said Andy Jenkins, Commander for the U.K


ABB’s OCTOPUS for four semi-submersible vessels

Juha Koskela, Managing Director. Photo ABB Marine and Ports

ABB’s OCTOPUS marine software will improve the safety and efficiency of four new semi-submersible heavy lift vessels, using weather and loading data to plot the optimal route. The ships, owned by Greenland Heavylift Holdings, will transport gigantic cargoes such as oil rigs and jack-up rigs


Wärtsilä Launches SmartPredict

Looking into the future with Wärtsilä SmartPredict. (Photo: Wärtsilä)

The technology group Wärtsilä launches its latest innovation SmartPredict at this year's Seatrade Cruise Global exhibition in Fort Lauderdale, Fla. from March 13 to 16. Developed by the company's dynamic positioning unit, SmartPredict is designed to provide safer and more efficient


DNV GL Releases New Issue of Cruise Update Magazine

Photo: DNV GL

 In conjunction with Seatrade Cruise Global, DNV GL has published the classification society’s latest Cruise Update magazine. It features outstanding projects with customers, interviews with industry leaders, and technology trends in the cruise sector.  


Norway’s USN to Upgrade Its Maritime Simulators

The simulator upgrade at the University College of Southeast Norway will support a wider course offering and new R&D projects (Photo: Kongsberg)

The University College of Southeast Norway (USN) has contracted Kongsberg Digital to deliver a major upgrade of its maritime simulator park. The contract, signed on March 16, 2017, includes five new K-Sim ship’s bridge simulators to be delivered during Autumn 2017 in addition to a Long Term


Washington Maritime Economy Grows Stronger -Study

© Bill Perry / Adobe Stock

A new report from the Washington Maritime Federation shows strong health of industry, increased average salaries and tremendous opportunity to continue to grow maritime jobs.   The Washington State Maritime Sector Economic Impact Study 2017 Update






 
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