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Wednesday, January 17, 2018

Academy Charter News

Great Lakes Education Conference Wrap Up

The Bayfront Center for Maritime Studies (BCMS) hosted the first ever Great Lakes Region Primary and Secondary Maritime Education Conference. The conference was held at the BCMS waterfront campus on May 11th and 12th, 2009, in Erie, Pennsylvania. There has been a growing movement nationally to encourage the development of maritime career opportunity awareness and K-12 maritime education. BCMS specializes in creating hands-on programs that provide maritime access and training ranging…

SLSDC Board sworn in by DOT Secretart LaHood

The U.S. Senate confirmed William J. Mielke and Arthur H. Sulzer as members of the Saint Lawrence Seaway Development Corporation Advisory Board on January 1. William J. Mielke is Chairman of the Board, President and CEO of Ruekert/Mielke, a consulting engineering company located in Pewaukee, Wisconsin. He has been a Director of Bank Mutual Corporation since 2000 and its subsidiary, Bank Mutual, since 1988. Mielke is also a Fellow of the American Consulting Engineers Council and has served as a diplomat of the American Academy of Environmental Engineers. From 2006 to 2007, he was a member of the Special Committee on the Great Lakes Water Resources Compact.

Sulzer Joins SLSDC Advisory Board

Dr. Sulzer being sworn in by Secretary LaHood.

Dr. Arthur H. Sulzer, Captain USN (Ret), Sworn in as Member, Advisory Board of the Saint Lawrence Seaway Development Corporation. Dr. Dr. Arthur H. Sulzer, Captain USN (ret), is President of Arthur H. Sulzer Associates, Inc., a position he has held since 2001. From 1974 to 2005, Captain Sulzer served in the United States Navy. His active duty assignments included Operation Iraqi Freedom and Operation Enduring Freedom, where he commanded the U.S. Naval Ship COMET. In 2003, Captain Sulzer joined several colleagues from Philadelphia to open Maritime Academy Charter High School.

President Obama Announces Key Administration Post

Captain Arthur H. Sulzer, USN (ret)

President Barack Obama ha announced his intent to nominate Captain Arthur H. Sulzer, USN (ret) as a Member, Advisory Board of the Saint Lawrence Seaway Development Corporation. Captain Arthur H. Sulzer, USN (ret), is President of Arthur H. Sulzer Associates, Inc., a position he has held since 2001. From 1974 to 2005, Captain Sulzer served in the United States Navy. His active duty assignments included Operation Iraqi Freedom and Operation Enduring Freedom, where he commanded the U.S. Naval Ship Comet.

Diana Shipping Enters into TC Contract with Uniper

Photo: Diana Shipping Inc.

Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Phaidra. The gross charter rate is US$12,700 per day, minus a 5% commission paid to third parties, for a period of minimum 12 months to maximum 15 months. The charter commenced on January 13, 2018. The m/v Phaidra was previously chartered to Jera Trading Singapore Pte. Ltd.

Global Ship Lease Extends TC with CMA CGM

Photo: CMA CGM

Global Ship Lease, a containership charter owner, announced that it has agreed to an extension of its charter with CMA CGM for the GSL Tianjin, a 2005-built, 8,063 TEU containership. The vessel will be chartered for a period of eight to twelve months (at the charterer's option) at a fixed rate of $11,900 per day, commencing in direct continuation from its current charter on January 26, 2018. Ian Webber, Chief Executive Officer of Global Ship Lease, commented, "We are pleased to have secured this extension with CMA CGM for the continued employment of the GSL Tianjin.

Nordic American Tankers Signs TC with Cepsa

Photo: Nordic American Tankers

Nordic American Tankers has announced that it entered into an one-year term charter with the major Spanish oil company Cepsa for a ship. The company says  is the 2004 built Nordic Castor is expected to be delivered on the time charter in late February for a contract of up to 15 months. "She is expected to be delivered on the time charter late February, subject to a satisfactory inspection in next discharge port. The fact that NAT has only one million barrel suezmax ships allows us to achieve economies of scale. The agreed rate secures a good cash flow," said a company statement.

Concordia Maritime Charters Two More MR Vessels

Image: Concordia Maritime

Swedish tanker owner Concordia Maritime has chartered in two more MR (ECO) vessels, while also extending the contracts for two of the currently chartered MR (ECO) vessels by a further year. A contract to charter out the P-MAX tanker Stena Performance has also been signed. The contractual partner is a large global oil company and the vessel will be used primarily for niche traffic in the Middle East. As with previous charters, these latest contracts are joint charters with Stena Bulk, and Concordia Maritime’s share amounts to 50 percent.

Four Japanese Companies Join Modec in Sepia FPSO Deal

Photo:  MODEC, Inc.

Four Japanese companies will invest in a new company established by compatriot Modec with an aim to provide a floating, production, storage and offloading (FPSO) unit for the Petrobras-operated Sepia field offshore Brazil. "MODEC, Mitsui, Mitsui O.S.K. Lines, Marubeni Corporation and Mitsui Engineering & Shipbuilding Co have agreed to jointly invest in a long-term charter business currently promoted by MODEC, for providing a FPSO in the Sepia Area, off the coast of Brazil," said a press release. These companies have entered into related agreements for the FPSO project on January 9, 2018.

Navios Maritime Containers Acquires Boxship

File Image: Navios Maritime Containers

Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced that it has acquired the Navios Felicitas, a 2010-built, 4,360 TEU containership for a purchase price of USD 11.45 million. The vessel was delivered to Navios Containers’ fleet in December 2017. Navios Containers financed the acquisition of the vessel with cash on its balance sheet and $6.0 million of bank debt under one of its existing credit facilities. Following this acquisition, Navios Containers controls 21 vessels, totaling 88,820 TEU.

SUEZ LNG implements U.S. Citizen Crewing Agreement

SUEZ LNG, Massachusetts Maritime Academy (Academy), and the International Organization of Masters, Mates and Pilots (MM&P) announced an agreement to recruit, train, and supply U.S citizen mariners for service on the LNG tankers owned or chartered by SUEZ LNG. SUEZ LNG, in compliance with the deepwater port license agreement signed with Maritime Administrator, Sean T. Connaughton, will collaborate with both the Academy and the MM&P Union to train and employ U.S. citizen crew members on up to nine LNG vessels operating in the SUEZ fleet. As such, the MM&P Union will screen and provide resumes for mariners from 3rd Mate to Master and from 3rd Assistant Engineer to Chief Engineer.

Inspired Youth

U.S. Senator  Joseph Donnelly (Photo: Sproull Photography)

The City of Indianapolis and the Indiana SeaPerch regions were the ideal combination to host the Third National SeaPerch Challenge at the Natatorium on the campus of Indiana University Purdue University Indianapolis (IUPUI) on May 17 ‚Äď 19, 2013. On Friday evening, May 17, 83 top robotic teams from middle and high schools, after school and out-of-school programs in 23 states and the Commonwealth of Puerto Rico convened at the IUPUI Natatorium for a weekend of competition and fun-filled activities.

Andreas Silcher Negotiates LNG Carrier Contracts

Andreas Silcher. Photo: Haynes and Boone

Partner Andreas Silcher in Haynes and Boone’s London office represented TMS Cardiff Gas in its contract with Hyundai Heavy Industries of Korea (HHI) for the construction of one 174,000 cubic meter LNG carrier with XDF propulsion, plus an option for a second vessel. In a press release, TMS Cardiff Gas called the order the first in the company’s X Carrier Series of orders, which expands the company’s fleet of managed vessels to 10. The vessel is scheduled for delivery in 2020, when she will enter into a seven-year time charter contract with TOTAL Gas & Power Chartering, Limited.

MARAD, ABS Sign MOA for NDRF Class and Survey

Cape Ray (Photo courtesy of U.S. Department of Transportation)

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced it has signed a new Memorandum of Agreement (MOA) with the American Bureau of Shipping (ABS), establishing policies and procedures for the survey and classification of MARAD’s National Defense Reserve Fleet (NDRF). The MOA establishes a charter that improves the timelines, efficiency and cost effectiveness for surveys and updates terminology, references and regulations. The NDRF includes the Ready Reserve Force…

Chembulk Announces New Leadership

It has been about fours months since the deal was sealed for PT Berlian Laju Tanker to acquire  Chembulk Tankers‚ÄĒthe 21st Century Chemical Tanker Company, and the vision of the acquisition is being realized. The addition of 19 new chemical tankers, coupled with the strong Chembulk management team, results in an organization that  boasts the third largest stainless steel chemical tanker company in the world. The fleet of 19 includes the Chembulk Kings Point, delivered last month in‚Ķ

TMS Cardiff Gas Places Order at HHI

(Photo: TMS Cardiff Gas)

TMS Cardiff Gas said it signed a contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the construction of one 174,000 cubic meter liquefied natural gas (LNG) carrier, with an option for a second vessel.   The newbuild is scheduled for delivery in 2020, when she will enter into a seven year time charter contract with TOTAL Gas & Power Chartering, Limited.   This order is the first in the company‚Äôs X Carrier Series, which expands the TMS Cardiff Gas fleet of managed vessels to 10 (six LNG carriers and four VLGCs).

Top Ships Gets TC Extension for Four Vessels

Photo: TOP Ships

TOP Ships, an international ship-owning company, announced that it has extended the time charter agreements with Stena Bulk AB (ex Stena Weco AS) by 12 months for M/T Stenaweco Energy and M/T Stenaweco Elegance and by 18 months for M/T Stenaweco Evolution and M/T Stenaweco Excellence. The Company expects a total gross revenue backlog associated with these time charter extensions of $27.4 million.

Everett College to Launch New Research Boat

Phocoena (Photo courtesy of Everett Community College)

Everett Community College’s Ocean Research College Academy (ORCA) will launch its new research vesel on November 22 with a celebration at 11 a.m. at the Port of Everett. The dedication of the Phocoena (the scientific name for harbor porpoise, pronounced FOE see nuh) will happen at the port’s travel lift, located in front of ORCA’s classrooms at 1205 Craftsman Way in Everett. The 36-foot Phocoena was funded by a $218,000 grant from the National Science Foundation and built by Bean Custom Marine Fabrication.

Capital Product Partners Buys Aframax

Photo: Capital Product Partners L.P.

Capital Product Partners has announced that its Board of Directors has approved the acquisition of the eco-type crude tanker ‚ÄėAristaios' (112,800 dwt, Ice Class 1C, built 2017, Daehan Shipbuilding, S. Korea) for a total consideration of $52.5 million from the Partnership's sponsor, Capital Maritime & Trading. The M/T ‚ÄėAristaios' is currently employed under a time charter to Tesoro Far East Maritime Company (‚ÄėTesoro') at a gross daily rate of $26,400. The Tesoro charter commenced in January 2017 with duration of five years +/- 45 days.

AB&B Marketing to Assist Toledo Maritime Academy

AB&B Marketing, a division of AB&B Ergonomics, signed an agreement Tuesday with The Maritime Academy of Toledo Foundation to assist in marketing and organizing two job retraining programs --- Cruise Ship Professional Development and the U.S. Coast Guard approved Basic Safety Training. The agreement was negotiated between Ms. Betty Osenbaugh, president, AB&B Ergonomics, and Ms. Renee Marazon, CEO, The Maritime Academy of Toledo Foundation. The agreement was approved by The Maritime Academy Foundation Board at its meeting Tuesday. The Cruise Ship Professional Development program is aimed at training people for a variety of high-profile positions aboard cruise ships. Meanwhile the Basic Safety Training is a requirement for those working or who wish to pursue a job in the maritime industry.

MarAd, OSG Sign Agreement

The Maritime Administration and Overseas Shipholding Group, Inc, yesterday signed an agreement that will provide training opportunities for American maritime academy cadets on board OSG’s international vessels. The public-private partnership is the first formal agreement to make available on-board training billets in the international fleet for U.S. maritime academy cadets. Under the terms of the agreement, cadets from the U.S. Merchant Marine Academy and all six state maritime academies will be able to obtain work experience and training on board OSG vessels. Under international and national requirements, maritime academy cadets must serve at sea, for an average of 300 days, in order to obtain enough shipboard training for a merchant marine officer license.

Admiral Appoints Local Man To Coast Guard Academy

Joseph DiRenzo IV, son of Joseph DiRenzo, III and Commander Karen DiRenzo, NC, USN of Suffolk, Va., will be presented his appointment papers to the United States Coast Guard Academy by Coast Guard Vice Admiral Vivean Crea, Coast Guard Atlantic Area Commander in a ceremony to be held Dec. 29 at 11:30 a.m. at the Coast Guard Atlantic Area Headquarters in Portsmouth, Va. DiRenzo and his fellow cadets in the class of 2010 will report to the U.S. Coast Guard Academy in New London CT on July 3rd, 2006 to begin Swab Summer, an indoctrination into academy, cadet and Coast Guard life. Following Swab Summer, DiRenzo will study mechanical engineering and work toward a Bachelors of Science degree. DiRenzo plans to compete for the Varsity Swim team while attending the Academy.

Malaysian Maritime Academy Upgrades

Malaysian Maritime Academy (Alam) is aiming to be a regional training hub specializing in liquefied natural gas (LNG) and petroleum tankers, Business Times reported. The academy, wholly-owned by shipping giant MISC Bhd, recently invested about $3 million to install the latest versions of a ship-handling stimulator, liquid cargo stimulator and engine stimulator. The country's premier seafarers' training academy had undergone a corporate transformation exercise as part of its vision to position Alam as a reputable maritime academy institution. The academy hopes to grow its international student intake to 10 percent this year. Currently, Alam has 215 students out of which about 5 percent are foreign students from Indonesia, India, Vietnam, Brunei and Kenya.

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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