New Digital Product : Luxembourg
Regs4ships announced the launch of our 19th flag to its Digital Maritime Regulations (DMR) product. From July 18, 2014 Regs4ships will be able to offer a Luxembourg regulations product that contains all relevant flag state documentation along with digital copies of SOLAS, MARPOL and STCW, ILO Conventions and EU legislation. This new product will enable customers to have access to Luxembourg Legislation, Circulars, MLC Documents and Forms as well as the following additional documents: Cluster Maritime Reports and VIMSAS Final Report.
Salama Fikira Receive German Flag State Approval
The Federal Office of Economics and Export Control (BAFA) have approved Salama Fikira to operate on German flagged vessels. As an African-based service provider of international services, Salama Fikira said it is very proud to have been granted this approval to support vessels registered in Germany. Conrad Thorpe OBE, CEO of the Salama Fikira Group has welcomed this achievement by saying, "As the maritime security industry matures, the standards and regulations continue to be driven higher every year.
China Probes Executives of CSIC, COSCO
China Shipbuilding Industry Corporation (CSIC) and China Ocean Shipping Company (Cosco) are being probed in China’s national anti-corruption scheme, according to a report in the Reuters. The Central Commission for Discipline Inspection (CCDI) has not named any company executives as targets for individual inspection. CCDI is the highest internal-control institution of the Communist Party of China (CPC). The watchdog did not name any executives as targets for individual inspection in its statement…
Singapore Ranked World's Top Maritime Capital
Singapore has once again emerged in top place in a ranking Menon’s Leading Maritime Capitals of the World Report (Menon Report) for 2017. The study, by Norwegian consultancy firm Menon Economics, looked at 24 objective indicators and garnered survey responses from more than 250 industry experts across all continents. Singapore was also ranked first in the report's 2015 and 2012 surveys. Singapore was ranked number one in the following three categories: Shipping, Ports and Logistics, and Attractiveness and Competitiveness.
MarTID: The Global Maritime Training Survey
In a coming edition of Maritime Reporter & Engineering News, we explore modern training and “blended learning” techniques with Murray Goldberg, CEO of Marine Learning Systems, maker of MarineLMS. A researcher and developer of learning management systems, Goldberg’s software has been used by millions of people and companies worldwide. Here Goldberg explains the scope and important of a historic new annual survey, The Maritime Training and Insights Database (MarTID) (www.martid.org/survey).
Comsat Teams With NOAA and Coast Guard For Maritime Reporting
Comsat Mobile Communications(CMC), a unit of Lockheed Martin Global Telecommunications, has teamed with the United States Coast Guard and National Oceanic and Atmospheric Administration (NOAA) to offer free Amver/SEAS (formerly Automated Mutual-assistance VEssel Rescue / Shipboard Environmental-data Acquisition Systems) messaging to mariners that use COMSAT-C satellite messaging service. CMC recently distributed more than 2,000 free packages of Amver/SEAS software to vessels and maritime shipping companies. This software combines Amver capabilities with NOAA volunteer observing ships weather reporting. The software, which uses a message format developed by COMSAT, enables ships to send compressed data via Inmarsat-C terminals using COMSAT-C service.
Kongsberg reports Record-high new orders in Q1 2014
KONGSBERG reports Q1 operating revenues of MNOK 3 941 (MNOK 4 033) and EBITDA of MNOK 446 (MNOK 500), resulting in an EBITDA margin of 11.3 per cent (12.4 per cent). New orders were strong in both the maritime and defence segments, totalling MNOK 8 565 (MNOK 3 885) in Q1 and bringing the Group's backlog of orders to the highest level since 2009. Kongsberg Maritime (KM) had a very strong quarter, with sales growth of 17.8 per cent year-on-year (Y/Y), and a very good influx of new orders.
Less than a Year to go to the FAL Directive Deadline
The FAL Directive under which European Member States are mandated to adopt a Maritime Single Window system is less than a year away; by June 1 2015 all shipping companies, operators and port authorities must be using the Single Window for reporting. To mark the occasion, Inlecom Systems Ltd. (Inlecom), the transport and logistics research and innovation company, is offering to pilot its Intelligent Ship Reporting Gateway free of charge to ship owners, ship operators and port authorities.
Bulk Ship Owner Follows Trend, Reports 2012 Profit Plunge
For the year ended December 31, 2012, Excel reported voyage revenues of $242.0 million compared to voyage revenues of $353.4 million for the year ended December 31, 2011. The Company is currently in advanced restructuring discussions with its lenders under its syndicated credit facility, dated as of April 14, 2008 (the “Syndicate Lenders”), which include amended amortization schedules and extension of the facility’s maturity. While such discussions continue, the Syndicate Lenders…
Globus Maritime Reports Loss in Q3
Globus Maritime reported loss in Q3 results amid depressed dry bulk rates though it remains cautiously optimistic on China’s economy and expects demand for dry bulk commodities to remain strong. Total comprehensive loss for the third quarter of the year 2015 amounted to $2.5 million or $0.24 basic loss per share based on 10,264,256 weighted average number of shares, compared to total comprehensive income of $0.2 million for the same period last year or $0.02 basic earnings per share based on 10,236,134 weighted average number of shares.
Latest Global Shipbuilding Orders
The focus this week being on the Ultramax and Handysize sectors. It was reported this week that that d’Amico Ireland Ltd have placed an order for four firm 64,000 DWT Ultramax at Yangfan, with delivery of all vessels in 2016 and pricing in the region USD 25 Mill. Also in China, Clarkson Hellas understands that Cyprus owners FrontMarine have placed an order for four firm 58,500 DWT Supramax at New Times. Pricing for these vessels is understood to be in the high USD 25 Mill, with delivery in 2015. At Tsuneishi’s Cebu facility in the Philippines, it was reported that Uni-Asia Shipping have contracted two firm 58,000 DWT Supramax. Although pricing for this deal was undisclosed, delivery of both vessel is understood to be due in 2015.
Quintana Maritime Reports 2Q 2007 Results
Quintana Maritime Limited said its operating and financial results for the three months and six months ended June 30, 2007. Â· Secured almost $700 million in expected net revenues from third quarter 2007 through end of 2010, representing on average approximately 75% of our current fleet capacity expressed in net operating days.
Excel Maritime Reports 3Q Results
Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes, announced today its financial and operating results for the third quarter and nine month period ended September 30, 2007 and declared a quarterly dividend of $0.20 per share for the third quarter 2007. Total revenues for the third quarter 2007 amounted to $43.2m as compared to $32.7m for the same period in 2006. Net income for the third quarter 2007 amounted to $19.2m versus $9.9m for the same period in 2006. Earnings per share for the third quarter 2007, calculated on 19,978,365 shares were $0.96 compared to $0.50 in the third quarter of 2006.
Maritime Piracy Activity is at a 22-year Low -Report
Global maritime piracy activity fell to its lowest level in over two decades, according to the latest International Maritime Bureau (IMB) report. The 180 incidents of piracy and armed robbery against ships reported to the International Chamber of Commerce’s (ICC) IMB in 2017 was the lowest annual number since 1995, when 188 incidents were reported. According to the IMB, pirates boarded 136 vessels in 2017, while 22 attacks were attempted, 16 vessels fired upon and six vessels hijacked.
Two Missing after Ship Sinks in South China Sea
The Maritime and Port Authority of Singapore (MPA) said that a ship sank in South China Sea on Friday, 11 out of 13 crew were rescued and two remained missing. According to the survivors, there were 13 crew on board the sunken vessel. Two persons are still unaccounted for. MPA has been providing navigational broadcasts to vessels in the vicinity to report any sightings of persons overboard and to navigate with caution in the vicinity of the incident. The Republic of Singapore…
Jensen Debuts New Tractor Tug Design
Crowley Maritime Corp.’s Seattle-based naval architecture and engineering firm, Jensen Maritime, reports it has designed a new tractor tug for Vessel Chartering LLC that features some of the first Tier IV engines meeting higher federal air emissions standards among U.S. tugboats. The multipurpose tractor tug, engineered to support ship escorts, assists and towing, was jointly developed by Vessel Chartering LLC and Jensen and is being built by JT Marine of Vancouver, Wash. The tug is planned for delivery in the second quarter of 2017 to Vessel Chartering LLC.…
Aegean Exits Singapore Bunker Market
Aegean Bunkering Pte Ltd on Friday said it had this week left the world's largest marine fuels market in Singapore after handing back its supply and craft operator licences. The company had announced in October that it would halt physical supply operations in Singapore by January amid heightened commercial pressures after the city-state adopted tougher bunkering procedures. Aegean Bunkering, headquartered in Greece, was last year ranked the 20th largest marine fuels supplier by volume in Singapore from a total of 55, data from the Maritime and Port Authority of Singapore (MPA) showed.
Philippines' Duterte Green Lights China's Sea Research
Philippine President Rodrigo Duterte personally made a decision to let China conduct scientific research off the Philippines’ Pacific coast, his spokesman said on Monday, despite concern among critics about threats to maritime sovereignty. Presidential spokesman Harry Roque said that as chief architect of foreign policy, Duterte allowed China to work with the University of the Philippines in Benham Rise, an area roughly the size of Greece and believed by some scientists to be rich in biodiversity and tuna.
De Poli Tankers Extends VSAT Deal with Marlink
Dutch ship owner De Poli Tankers BV has extended its contract with Marlink, securing high-bandwidth global communication using the Sealink Plus service for its fleet of eight chemical tankers and two gas tankers. De Poli Tankers' in-house ITC company, Maritime Performances BV, chose to retain the Sealink Plus service for the future as it combines high-bandwidth VSAT with unlimited L-band back-up in a single easy to manage bundle, Marlink said. De Poli Tankers first migrated to Marlink VSAT from L-band only communications in 2013…
Body Found on Burning Iranian Tanker
The body of one crew member has been found aboard an Iranian oil tanker that is still ablaze after colliding with a grain ship off China's east coast, an Iranian official said on Monday. Mohammad Rastad, head of Iran's Ports and Maritime Organisation, was quoted as saying by ISNA news agency that the body was sent to Shanghai for identification. Rescue crews are trying to bring the blaze under control and find the 32 missing crew. Reporting by Bozorgmehr Sharafedin
Ten Crew Missing as Cargo Ship Sinks off Shanghai
Ten crew members were missing after a cargo vessel collided with another vessel in Wusongkou anchorage at Shanghai, China’s state-owned Xinhua News Agency reported, citing the Shanghai Maritime Search and Rescue Centre. Three people had been rescued, and the search for missing crew members was continuing, Xinhua said. (Reporting by Ruby Lian and Ryan Woo; Editing by Simon Cameron-Moore)
Marine Casualty Reports – Clarified
So you think you know when to make a marine casualty report? There has been a lot of confusion over the years as to when to make a marine casualty report with regard to certain incidents. Yet, although the Coast Guard constantly urges industry to make required reports, it has never promulgated national guidance to promote consistency in reporting based on uniform interpretation of the regulatory standards – until now. Specifically, the Coast Guard issued a Notice of Availability and Request for Comments (Notice) on January 14…
Fire Rips through Maritime Museum in Indonesia
A huge fire destroyed most of a Dutch colonial heritage site dating back to the 17th century, including a maritime museum, in the north of the capital Jakarta on Tuesday. Television images showed flames ripping through the red-tiled roof of the whitewashed rectangular buildings. No casualties were reported. “Most of the building...was on fire,” the city fire department said on its website. “The Bahari Museum is being cooled down,” it said on its official Twitter account. The buildings…