Maritime Industry Top News
ASNE to Host Gala and Navy Yard Tribute
Join the American Society of Naval Engineers on Thursday, February 20, for the Annual ASNE Honors Gala. A reception will open the night in the exhibit hall from 6-7, p.m., followed by the Awards Ceremony from 7-8:30. The event will recognize the 2013 award winners and pause to remember the victims of the Navy Yard tragedy that took place in September. • Frank G. Presented by CAPT Glenn M. Presented by ADM John M. Richardson, USN to Mr. Matthew J. Presented by RDML Bryant Fuller, USN to Mr.
Today in U.S. Naval History: February 14
Today in U.S. 1778 - John Paul Jones in Ranger receives first official salute to U.S. Stars and Strips flag by European country, at Quiberon, France. 1813 - Essex becomes first U.S. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Shell Employs Concordia P-MAX Tankers
Concordia Maritime has signed an agreement with Shell Tankers Singapore Private Ltd. covering the employment of the P-MAX tankers Stena Penguin and Stena Progress. “Generally speaking, the product tanker market is developing well and in accordance with our planned fleet disposition. We are of course happy to have concluded this business,” said Kim Ullman, CEO of Concordia Maritime. The Stena Penguin…
Simrad Introduces ForwardScan
Simrad has announced its new ForwardScan forward-looking echosounder transducer. Unlike traditional sonar that will only show boaters where they have been, the…
MOL Pays $1.275 Million Penalty
The Federal Maritime Commission announced a compromise agreement reached with Mitsui O.S.K. Lines Ltd. (MOL) and its corporate affiliate, Nissan Motor Car Carrier Co. (NMCC). Mitsui O.S.K. Lines Ltd., is a vessel-operating common carrier based in Japan. As a separate line of commerce, MOL and NMCC operate pure car carriers (PCCs) and roll on/roll off (RO/RO) vessels in U.S. inbound and outbound trades. Under the agreement, MOL agreed to pay $1,275,000 in penalties.
Bosch Rexroth Hydraulics Training Courses Available
Bosch Rexroth is accepting registration for all courses in its popular training program designed for industrial and mobile hydraulics systems engineers. Rexroth’s Hydraulics Technical Training is targeted toward individuals who maintain hydraulic systems, design new systems or want to upgrade existing systems with new technology. Rexroth provides on-site training for specific hydraulic installations…
Star Bulk Receives Post-Panamax Bulk Carrier
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, announced that it has taken delivery of M/V Star Vega, a Post-Panamax bulk carrier of approximately 98,000 deadweight tons carrying capacity. The vessel has commenced a time charter with the sellers of the vessel for a period between 30 months to 34 months, at a gross daily hire rate of $15,000 minus a 1.25% address commission on gross revenues.
Change of Technical Manager at Nordic
Nordic Shipholding A/S has appointed Thome Ship Management Pte Ltd and Columbia Shipmanagement (Singapore) Pte Ltd as new technical managers of its vessels replacing…
ClampOn Wins Contract for Gina Krog Project
ClampOn has won an order to supply 130 topside leak monitors for Statoil’s Gina Krog project. The contract was awarded by Solberg & Andersen in Bergen, Norway, and will be part of their ValveWatch condition monitoring system. “We are very proud to receive this award; 130 sensors is one of the biggest orders ever received by ClampOn. It shows us that striving to be a little better every day is appreciated in the market…
MES Delivers Bulk Carrier to TON HIL
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier M.V. TON HIL â…ˇ (MES Hull No. 1852) at its Chiba Works on February 14, 2014 to TON HIL SHIPPING SA, Marshall Islands. This vessel is a handy-max type bulk carrier of 56,000 dwt with a large cargo hold capacity over 70,000 m3 and marks the 163rd ship of its series.
MOL Sign Methanol Carrier Deal with MHTL
Mitsui O.S.K. Lines, Ltd. (MOL) says it has signed a contract with Methanol Holdings (Trinidad) Limited (MHTL) to build and charter four methanol carriers. MOL consider that the new contracts will play an essential part in MOL's strategy to strengthen long-term business, as well as enabling the company to renew its methanol fleet by replacing older vessels with ships featuring the most advanced designs.
OMM Reports Wind Farm Guard Vessel Business Boom
UK-based Offshore Marine Management (OMM) say that its Guard Vessels business has shown a strong performance in 2013 with 4,728 vessel management days recorded and a number of key industry relationships forged. The company informs it has been working closely with its vessel partner has provided guard vessels for a number of high profile wind farm interconnectors, including Borwin 2, Helwin 1, Dolwin 1 and Sylwin 1.
Maritime Lawyer Elvey Returns to London After Lengthy Posting
Ince & Co. partner Jonathan Elvey, who was head of the law firm's Piraeus office, has returned to the London office after spending 17 years advising clients at the heart of the Greek shipping market as head of the Piraeus office. Partner Nick Shepherd, who spent five years in Greece in the 1990s and returned to Piraeus in 2010, takes on the role of head of the office. Ince inform that In 2013 their Piraeus office celebrated its 20th anniversary, having grown in size over time to 35 people.
Global Ship Lease Further De-Levers in Q4 2013
Containership charter owners, Global Ship Lease, Inc. Ian Webber, Chief Executive Officer of Global Ship Lease, stated, "In the fourth quarter of 2013, we once again benefitted from our strong contract coverage, which resulted in fleet utilization of more than 99% and Adjusted EBITDA of $22.9 million. Our stable cashflow generation enabled us to further de-lever our balance sheet during the fourth quarter, repaying debt in the amount of $17.9 million.
New Corpus Christi Oil Loading Dock Sees First Tankship
NuStar Energy says it has completed construction of a private marine loading dock at its North Beach Terminal in Corpus Christi, Texas, and has its first ship at the dock to be loaded with crude oil.
Clarksons Chairman to Step Down
Clarksons say that Philip Green has decided to step down as chairman of Clarksons in order to focus on his other responsibilities. His resignation from the board will take effect from the AGM on 9 May. Bob Benton, chairman until last year, will remain a non- executive board member and assume the role of interim Chairman with effect from the next Board meeting on 6 March 2014. Since Philip's appointment…
Wärtsilä Sign Van Oord Parts & Service Agreement
Wärtsilä and Van Oord, the Netherlands-based contractor for dredging and offshore projects, have entered into an exclusive partnership for all field service and parts supply. The agreement covers preventive and corrective engine maintenance by Wärtsilä on Van Oord's fleet of dredging and other vessels. The contract has a total value of EUR 30 - 40 million over three years. The framework agreement will enable both parties to plan the required service work well in advance…
Chemical Weapons Destruction Ship Arrives Spain
The 'MV Cape Ray' has arrived at Rota, Spain, for a port visit while en route to aid in removal of Syrian chemical materials, Pentagon spokesman Army Col. Steve Warren informs the American Forces Press Service. The vessel -- part of the Transportation Department Maritime Administration's Ready Reserve Force program -- left Portsmouth, Va., Jan. 27, 2014. Hundreds of government and contract personnel…
Kvaerner Gets Offshore Spar Topsides Sub-Contract,
Hyundai Heavy Industries (Hyundai) has awarded Kvaerner a sub-contract to provide services for inshore and offshore hook-up and commissioning assistance for the topsides for the Aasta Hansteen spar project. The inshore-work will be carried out at Stord and the offshore scope will be done at the field in the Norwegian Sea 300 km west of Bodø. Kvaerner explain that the inshore work will be carried out…
NATO Missile Defence Beefed Up: US Destroyer Arrives Spain
The stationing of four Arleigh Burke-class guided-missile destroyer at Rota represents a national contribution by the US and Spain to NATO missile defence, enhancing the security of the European region, the Mediterranean Basin and the Atlantic Ocean. The first of the four, USS Donald Cook (DDG 75), has arrived in Rota, Spain from Norfolk Navy Base. Secretary of the Navy Ray Mabus said: "Permanently forward deploying four ships in Rota will enable us to be in the right place…
