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LR to Class Entire NORDEN Fleet

Nord Mermaid (Photo: Norden)

Thirty-two ships will be transferred to Lloyd’s Register Class as part of the agreement that covers 57 ships including NORDEN’s entire fleet   Ship operator Dampskibsselskabet NORDEN A/S, based in Copenhagen, has contracted LR to class 57 ships, including the full NORDEN fleet and other externally managed NORDEN owned ships. Thirty-two of the ships in the agreement will be transfer of class (ToC) ships and includes nine new ships which will transfer to LR upon delivery. Four ships are currently classed by LR and 16 externally managed ships will also be transferred to LR as part of this agreement. The ToC of NORDEN’s fleet started with the entry of product tanker NORD MERMAID  into LR class. LR’s Copenhagen based Marine Client Manager, Flemming Kjeldsen, commented, "Our good working relationship with the client and the in-house capabilities we have here in Copenhagen to consistently support them was essential in securing the contract. Classing ships like bulkers and tankers and providing day-in, day-out service delivery is our key activity. We are here to help make sure NORDEN ships can trade as safely and efficiently as possible, taking every care to support them in their business goals."  


More Ships to Bangladesh Shipbreakers

CTG ship-breakers import 42 large ships in last two months Chittagong-based ship-breakers imported 42 large-sized recyclable ships in February and March this year at a cost of US$ 45 million, according to Jasim Khan's news report in the Financial Express. Industry sources said the ships will be able to supply about one million tonnes of MS rod -- a major construction material -- against the annual national demand for four million tonnes.


DG Shipping Recalls 27 ONGC Supply Vessels

The Directorate General of Shipping (DG, Shipping) has asked India’s biggest oil explorer Oil and Natural Gas Corporation (ONGC) to recall 27 of its 46 supply ships for undergoing safety audits immediately. The DG Shipping directive, which could lead to the disruption in oil production, has come within days after an ONGC-chartered ship, Samudrika-10, sunk off the Mumbai coast, killing five people on board. In a notice dated July 11 to ONGC


Navy Awards Contract for Auxiliary Cargo and Ammunition Class(T-AKE)

On October 18, 2001, the Naval Sea Systems Command (NAVSEA) announced the award of a $406.9 million competitive contract for the detailed design and construction of the lead ship of the T-AKE Auxiliary Cargo and Ammunition Class to National Steel and Shipbuilding Company (NASSCO) of San Diego, Calif. Major subcontractors are IMECO of Iron Mountain, Mich.; Hopeman Brothers Marine Interiors of Waynesboro, Va.; Alstom Power Conversion Inc. of Philadelphia, Pa.; B.F


GL Bolsters Support of Green Ship Recycling in Asia

019 PRe-MS Ship Recyling_Experts.bmp

Hamburg/Shanghai, 3 May 2011 - Germanischer Lloyd (GL) has recently intensified its efforts to help shipyards, ship owners, suppliers and recycling facilities in Asia to comply with the forthcoming International Convention for the Safe and Environmentally Sound Recycling of Ships ("Hong Kong Convention"). Two well-trained GL ship recycling experts are now stationed in China and Singapore respectively, offering all stakeholders a full range of services including certification


Varun Splits into Two

Image: Varun Shipping Co. Ltd

 Mumbai-based shipping firm Varun Shipping Co. Ltd  will be split into two listed entities after the Bombay high court approved a demerger scheme.   The Company announced that according to the Composite Scheme of Arrangement and Amalgamation, the Company will be split into two separate listed entities, namely, Varun Global (ship management and shipping investment business) and Varun Resources (shipping business).   


S&P Cuts MC Shipping Outlook To Negative

Standard & Poor's has revised the outlook on MC Shipping Inc. to negative from stable. At the same time, the company's single-'B' long-term corporate credit rating and single-'B'-minus senior unsecured debt rating were affirmed. The rating on MC Shipping reflects the shipping industry's below-average characteristics, and the company's weak financial profile. MC Shipping is part of the Vlasov Group-a major ship-owning and ship-management group


Moore Stephens Urges Consistent

Approach to Shipping Taxation Moore Stephens said it is important the UK government does not introduce changes in next week's Budget which would adversely affect the UK shipping sector. Noting that UK shipping is in a positive mood after years of decline, Moore Stephens says that positive moves must not followed by negative ones, particularly given the long-term nature of shipping investment. The government's pre-Budget report last December contained no specific proposals that might


Thoresen Shipping goes to Middle East

Thoresen Shipping

 The dry bulk shipowner Thoresen Shipping rolled out new subsidiary Thoresen Shipping Arabia as part of its expansion plan to the Middle East  With a new office in Dubai for Thoresen Shipping Arabia DMCC, the dry bulk shipping company  Thoresen Shipping announced its explansion to the Middle East. The office will be led by Baard Osland, a dry bulk shipping industry veteran. A press statement from Ian Claxton, managing director


NGO Slams Shipper but Four Alang Recyclers Go Green

Photo: Ship Recycling Industries Association (India).

The NGO Shipbreaking Platform and Transport and Environment (T&E) have criticized Maersk Group’s decision to beach their end-of-life vessels in Alang, India. But, Four of the 167 ship recycling yards have won compliance status with a global regime that seeks to ensure that redundant ships are disposed of safely and in an environmentally sound manner, says a report in the Livemint.   The recycling yards are located on the coast of Alang-Sosiya in Gujarat’s Bhavnagar


U.S. Navy Punishes Senior Staff in Deadly Warship Collision

File Image of the USS Fitzgerald

Commanders of U.S. warship removed after cargo ship collision; seven sailors killed in June collision.   The U.S. Navy has removed the two senior officers and the senior enlisted sailor on a U.S. warship that almost sank off the coast of Japan in June after it was struck by a Philippine


CMA CGM Hires Diana Containerships' Domingo

Domingo. Photo:  Diana Containerships Inc.

 Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with CMA CGM, Marseille, for one of its Panamax container vessels, the m/v Domingo


IPA Opens New Container Route

Photo: Incheon Port Authority

 Incheon Port Authority (IPA) announced that a regular container route ‘Thailand-Vietnam Services (TVX)’ launched by five shipping companies – Namsung Shipping, Dongjin Shipping, Pan Continental Shipping, Pan Ocean and CK Line – was newly opened.  


Vopak Expands Pengerang Terminal

Pic: Royal Vopak

 Royal Vopak and its joint venture partners intend to expand their independent storage terminal, Pengerang Independent Terminals Sdn Bhd (PITSB) in Pengerang, Johor in southern Malaysia.    PITSB will be expanded with 430,000 cbm to a total capacity of 1.7 million cubic meters


Colac Remembered

Imagery Scanned from Navy Historic Archive. Photo:  Royal Australian Navy

 Despite being in the thick of action on many occasions, Bathurst class corvette HMAS Colac ended the Second World War with only two members of her ship’s company killed and two wounded, another amazing ship and crew being remembered 75 years on.  


Theresa May hails HMS Queen Elizabeth

Photo: UK Chamber of Shipping

 The Royal Navy’s new flagship HMS Queen Elizabeth berthed in her home port of Portsmouth early on Wednesday morning and was greeted Prime Minister Theresa May visited the aircraft carrier and hailed it as a symbol of the UK’s maritime might


HMM to Launch Arctic Sea Service

File Photo: Hyundai Merchant Marine

 South Korea’s leading container carrier Hyundai Merchant Marine Co (HMM) is considering launching a regular liner service via the Arctic Sea, a move that could cut transits between Asia and Europe considerably, reported Pulse.  


Project to Build World’s Biggest Sailing Cargo Ship

Quadriga project ship model (Photo: Lloyds Register)

Lloyd's Register (LR) has joined the Quadriga sustainable shipping project – an initiative from Hamburg-based Sailing Cargo, which aims to build the world’s biggest sailing cargo ship.   The project outlines a plan to build a 170-meter car carrier, capable of carrying between 1


Strong Capesize Rates Push Baltic Index Higher

File Image (CREDIT: AdobeStock / (c) Lucasz Z)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday as rates for capesize vessels moved higher. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 40 points, or 3


MES Delivers Another Bulk Carrier

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 60,000 dwt type bulk carrier M.V. "Cyclades" (MES Hull No. 1958) at its Tamano Works on August 17th, 2017 to Eastern Mediterranean Maritime Limited, Hellenic Republic.  


King Abdullah Port Bullish on Maritime Services

Photo: King Abdullah Port

 Specialized Marine Services (SMS), a JV between the Ports Development Company (PDC), which is the private sector owner and developer of King Abdullah Port, and the National Port Services Company, delivered 1,460 maritime services  in 2016


Trade Across North Sea To Grow: DFDS

Photo: DFDS

 In spite of the ongoing Brexit discussion, DFDS continued to increase its volumes on the North Sea freight routes to and from the UK. Continued growth in the UK and EU economies is good news for all, said a press release from Northern Europe's largest shipping and logistics company.  


Optimarin Demonstrates Total System Reliability

Image: Optimarin AS

 Environmentally friendly and compliant BWT technology company  Optimarin gave a demonstration of its long-term system reliability onboard Neptune Subsea’s IMR vessel Larissa in the same week that a report from ABS revealed problems with almost half of installed ballast water


TOTE to Enter U.S.-Mainland-Hawaii Trade Route

Photo:  TOTE Maritime

 Transportation and logistics company TOTE announced its intention to establish a new domestic shipping service to Hawai’i.   The company is working with Philly Shipyard to construct four new environmentally advanced containerships, custom built for the trade


Asia Tankers-VLCC Rates to Remain Low on Tonnage Glut

File Image: A VLCC Underway in the Suez Canala (CREDIT: Suez Canal)

Around 90 ships charter free for early September loading.   Freight rates for very large crude carriers (VLCCs) on Asian routes will remain under pressure for at least the next month, facing strong headwinds from a glut of tonnage, brokers said.  






 
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