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Ship Owners

Dutch Insurers Want Security Guards

Owners, insurers, say Dutch ships at risk in piracy waters ought to be allowed to employ armed private security guards Last year the number of cases of piracy off the coasts of East and West Africa doubled, with 800 crew members being taken hostage, NRC.informs 'Dutch News'. The Netherlands' government does not allow ship owners to hire armed guards but it does provide soldiers as protection. However, the two organisations say there are not enough of them to protect all the ships sailing in the area. Other countries, such as Cyprus and Malta, do allow their ships to employ armed guards and the organisations say this will lead to Dutch ships choosing to sail under foreign flags which would be detrimental to the government as ship owners pay their tax to the country under whose flag they sail. Piracy costs insurers and ship owners a great deal, in ransom money, repairs to ships and damaged goods. In the past two years, the global insurance sector paid out €300m in claims as a result of piracy, says the NRC.    


Green Tech Wins RoPax Scrubber Deal

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Green Tech Marine has won a contract to deliver 21 exhaust gas cleaning systems (“scrubbers”) to an undisclosed ship-owner in first quarter 2015. By using Green Tech Marine scrubbers, ship owners can continue to operate on heavy fuel oil instead of more costly marine gas oil, while staying below the strict IMO requirements regarding sulphur emission. Sulphur oxides cause a wide variety of health and environmental impacts


COSCOL Profit Jumps

Courtesy: COSCOL

Shanghai Stock Exchange-listed COSCO Shipping Company Limited (COSCOL) says its profits shot up 491% year on year (y/y) to CNY193M ($31M) in 2014. Revenue improved 3% year-on-year.  The results also boosted by government subsidies and benefitted from cost cutting measures. On 30 September the company received a total of CNY183M in government subsidies for scrapping old tonnage and replacing them with new building orders.


Ship Breaking Worker Killed in the Yard

 Only in 2016, at least 19 shipbreaking workers were killed and another 11 severely injured in the Bangladesh shipbreaking yard. More than 600 German-owned ships have been sold for scrap in SouthEast Asia since 2008 due to insolvencies and financial problems claims NGO Shipbreaking Platform.   A worker named Shah Jahan was killed on December 04 on the spot at Arefin shipbreaking yard in Chittagong, Bangladesh


GMS Implements Hong Kong Convention

Global Marketing Systems (GMS) cooperates with Germanischer Lloyd (GL) on green ship recycling. GMS, one of the world's biggest cash buyers, purchases vessels from ship owners before delivering them to ship recycling facilities. GL will help GMS to implement green ship recycling according to the Hong Kong Convention and independently proves to ship owners that GMS and the chosen recycling facility comply with the requirements


MaK, Caterpillar to Partner DNV GL for Condition Based Monitoring

Courtesy Caterpillar

MaK together with Caterpillar’s Marine Asset Intelligence organization has announced that they have partnered with DNV GL to help make the change from time based maintenance to condition based maintenance by leveraging the predictive analytics of Cat Asset Intelligence in accordance with DNV GL’s Survey Arrangement Machinery Condition Monitoring (CM) requirements. The Survey Arrangement of DNV GL recognizes, across multiple dimensions


Increased Demand for Rudder Conversions

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More and more ship owners turn to Becker Marine Systems for rudder conversions of vessels already in service. The easy installation of a new Becker Rudder System can dramatically improve manoeuvring performance and reduce fuel consumption. Becker Marine Systems’ After Sales Team has long been known for quality and flexibility when it comes to refurbishing Becker Rudders that have been in service for decades. In case of a general overhaul of a Becker Rudder


Impact of Financial Crisis on Greek Shipping

 Image: Reinventing Greece Media Project

 Though international analysts like Morgan Stanley said that the Greek crisis will not have a direct impact on shipping companies, Greek shipping companies listed on U.S. stock exchanges sank on Monday.   Greeks have said No to austerity terms imposed by international creditors, which could have led to the releasing a package of fresh financial aid which could help in the long battle to keep Greece afloat.   


Petronet LNG to Float Subsidiary

Natural gas importer Petronet LNG Ltd (PLL) plans to float a shipping subsidiary overseas to haul gas to its greenfield re-gassification terminal of 2.5 million tonnes per annum capacity proposed at Kochi in Kerala. The diversification plan has been unveiled in the tender conditions stipulated by Petronet for selecting ship owners and operators for transporting LNG to the Kochi terminal. This is a departure from the first two shipping tenders finalized by Petronet for hauling gas from RasGas


Greek Shipowners Invest Hugely in New Ships

Greek ship-owners bought 72 ships within the first three months of 2013, invest US$848-million in their companies. While the Greek government continues to mull plans to tax the country’s shipping industry to raise money during a crushing economic crisis, Greek ship-owners bought 72 ships within the first three months of 2013 and invested $848 million in their companies, a $244 million increase and an additional 32 ships from the previous year, reports the 'Greek Reporter'.


Shell's Integrated Lubrication Solutions for World's Largest Box Ship

Photo courtesy of Shell

Orient Overseas Container Line (OOCL) has appointed Shell Marine to provide its integrated marine solutions, which include lubricants and services for OOCL Hong Kong. OOCL Hong Kong, currently plying routes between Asia and Europe, is the latest vessel to claim the title of ‘world’s


Bureau Veritas, Ascenz Partner on Ship Performance Monitoring

© Sergei Simonov / Adobe Stock

 Bureau Veritas and Singapore based Ascenz have signed a memorandum to provide ship performance and monitoring solutions to ship owners worldwide.   The agreement will enable Bureau Veritas to offer Shipulse, Ascenz’s solution for real time ship performance and monitoring


Rolls-Royce Inks Service Deal with Siem Offshore, Subsea 7

Photo: Rolls-Royce

Siem Offshore and Subsea 7 have signed a joint three-year service agreement with Rolls-Royce. The agreement covers a total of 74 offshore vessels. This is the first agreement the two Siem owned companies have signed with the same service provider.  


Bureau Veritas Launches Ballast Water Management Platform

Photo: Bureau Veritas

As the Ballast Water Management (BWM) Convention’s D1 September 8 deadline looms, ship owners must secure International BWM Certificates and approved BWM plans for their ships. Bureau Veritas said it is addressing the challenge with its new platform


Great Ships of 2017: Nominate Your Ship

Image: Maritime Reporter & Engineering News

The December 2017 edition of Maritime Reporter & Engineering News -- the world's largest circulation b2b maritime publication -- is preparing once again for its anticipated Awards Edition, Great Ships of 2017. Ship owners, ship builders


COMSAT Announces Maritime Cybersecurity Programs

COMSAT teleport at Santa Paula, CA.  (Photo: COMSAT)

Following a June 16, 2017, decision by the International Maritime Organization (IMO) that requires ship owners and managers to incorporate cyber risk management into safety management systems established by the ISM Code, COMSAT has announced its suite of cybersecurity solutions for the maritime


Royal Caribbean to Install NavBox Across Entire Fleet

Photo: Royal Caribbean Cruise

Royal Caribbean Cruises Ltd (RCC) has signed a deal with NAVTOR to install the NavBox navigation solution across its entire corporate fleet of 49 vessels, in a deal which spans RCC's six different operating companies. E-navigation specialist NAVTOR launched NavBox in 2013


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.   


EU Needs to Address Decommissioning of Floating Oil and Gas Structures

Photo: EESC

 A joint event between the European Economic and Social Committee (EESC) and three Green Members of the European Parliament highlighted the paradox between the strict rules under OSPAR for the decommissioning of fixed oil platforms from the North Sea with the rules that govern the recycling


Partners to Establish Digital Platform to Create Future Ships

Photo: Rolls-Royce

Rolls-Royce, The Norwegian University of Technology Science (NTNU), research organization SINTEF Ocean and classification society DNV GL have signed a memorandum of understanding (MoU) with the aim of creating an open source digital platform for use in the development of new ships.  


Ferus Smit Launches Arklow Cliff

 Dutch shipbuilder Ferus Smit said it has launched M.V. Arklow Cliff, the fifth vessel in a series of 10 to be delivered to Irish ship owner Arklow Shipping.   The vessel, Ferus Smit newbuild #428, was launched June 30 at the builder’s Westerbroek yard.  


d’Amico's Entire Fleet is MRV Compliant

Cielo di Salerno (Photo: d’Amico Group)

RINA Services has verified that the entire fleet of the d’Amico Group has met the Monitoring, Reporting and Verification of CO2 emissions Regulation (MRV) requirements according to EU 2015/757 Regulation. The fleet comprises 36 vessels which are managed by d’Amico Società di


d’Amico Chooses Sealink Premium Plus VSAT

Photo: d’Amico Group

Telemar and Marlink to bundle VSAT, L-Band and XChange Universal Remote Access to improve on board IT network support    Italian ship owner and long-term Telemar customer d’Amico Group has selected Marlink’s Sealink Premium Plus VSAT service to enhance connectivity across


Statoil Awards Contracts to Five Ship Owners

Skandi Mongstad at the Norne field (October 2013). File Photo: Statoil

 Norwegian oil firm Statoil has awarded contracts to five separate ship owners. The award by Statoil covers seven supply vessels at a total contract value of NOK 3.1 billion (USD 370 million), including options.   All vessels will be equipped with hybrid battery operation


Ballast Water Convention Fate in the Balance -Coldharbour CEO

Andrew Marshall (Photo: Coldharbour)

Delegates at the IMO’s Marine Environment Protection Committee 71, due to gather in London during the first week of July, may well have the last chance to ensure that the long-delayed Ballast Water Convention is implemented, as intended






 
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