Maritime Industry Top News
Moore Stephens Envisages Increased Pressure for Incipient Impairment in Shipping
Accountant and shipping industry adviser Moore Stephens says it expects to see an increase in the sort of pressure recently exerted on shipping companies by the US Securities and Exchange Commission (SEC) to make disclosure when the market value of their vessels is less than their carrying value. The pressure for this type of disclosure, often referred to as ‘incipient impairment’, has been reflected in the 2011 filings of many SEC registrants.
Piracy Pact Supports SKANReg Quality Strides
St Kitts & Nevis has become the latest of five flag state signatories to the Washington declaration condemning acts of violence against seafarers - joining Bahamas…
500 Safe Days in APM Terminals Mumbai
Employees at APM Terminals Mumbai achieved 500 Safe Days, without any Lost Time Injury (LTI), setting a record at the Jawaharlal Nehru Port (JNPT) at Nhava Sheva. APM Terminals globally lays a lot of emphasis on Safety at terminals and the Senior Management team at The Hague is actively involved in motivating employees to practice Safety at work. At APM Terminals Mumbai, it is always SAFETY FIRST!
GL conducts First Onboard Test of GL MachineryManager Prototype
GL Maritime Software, the software and systems integration unit of classification society Germanischer Lloyd (GL), in cooperation with SKF, has installed the first prototype of its GL MachineryManager software onboard the CSAV Rio Blanco, a car carrier owned and managed by German shipping company F. Laeisz. GL MachineryManager is a single monitoring platform for onboard equipment, which combines visual inspection results with online and offline condition measurements…
Post Workboats Develops Unique RIB
Post Workboats has developed a unique Tornado RIB with water jet propulsion especially for the offshore and the wind farm industry. ‘It is the first time that such a RIB has been equipped with water jets’, says entrepreneur Klaas Post. ‘And what is more it offers many important advantages. With water jets you can maneuver accurately down to the centimeter, it is perfectly safe for rescuing people from drowning and for divers.
FMC Technologies Announces Executive Changes
FMC Technologies, Inc. (NYSE:FTI) said that Robert L. Potter has been appointed President of the company. Potter assumes this responsibility from John T. Gremp…
34m Boat Delivered to Rhode Island Fast Ferry
A 34m Catamaran Passenger Ferry, Ava Pearl, designed by Incat Crowther and built by Gladding-Hearn Shipbuilding , was delivered to Rhode Island Fast Ferry, where it will contribute to an expansion of operations. As a long-time operator of Incat Crowther ferries, Rhode Island Fast Ferry turned to Gladding Hearn and Incat Crowther to develop and build a ferry with twin engines and propellers, with a view to more efficient operation.
ICS Seeks Changes to Avoid BWTS “Chaos”
The International Chamber of Shipping (ICS), which represents all sectors and trades and over 80% of the world merchant fleet, has called on the International Maritime Organization (IMO) to address some critical issues concerning the imminent implementation of the IMO Ballast Water Management (BWM) Convention. Despite delays by governments with respect to ratification, the 2004 BWM Convention, which…
Casualty 'MSC Flaminia' Takes Up Waiting Position
A team of firefighting experts has again boarded MSC FLAMINIA. It is as yet unsure when a one-by-one inspection of containers can commence. This inspection aims…
Europe & China Offshore Wind Power Report Available
A new report looks at opportunities in the developing Sino-European offshore wind energy market. Offshore wind is the means of a reliable, intensive and abundant renewable energy.
Technip Gets North Sea Contract
The Greater Stella Area (GSA) development is located in the North Sea, 280 kilometers East-Southeast of Aberdeen, Scotland at a water depth of approximately 90 meters.
Japan Shipbuilding Orders Drop
Japanese export ship orders fell 8.5 percent in June from a year earlier, reveal figures by the Japan Ship Exporters’ Association (JSEA). Japanese export ship orders…
U.S. Warship LPD 25 Christened USS 'Somerset'
Nearly 1,800 guests attended the christening today of Huntington Ingalls Industries' ninth amphibious transport dock, Somerset (LPD 25), at the company's Avondale shipyard. LPD 25 is named to honor the courage of the passengers and crew members of United Airlines Flight 93, which crashed on Sept. 11, 2001, near Shanksville in Somerset County, Pa. Mrs. Mary Jo Myers, wife of Gen. Richard Myers, U.S.
Ballast Water Management – Angola, Africa, Rules
All vessels coming from outside Angola must follow Angolan Executive Decree 12-05, article 10 regarding ballast water management. It appears to the Angolan authority…
British Fleet Auxiliary for Falmouth Refit
Lyme Bay returned to Falmouth after three years in the Persian Gulf supporting coalition naval operations and as 'mothership' to the UK Mine Countermeasure Fleet. The major refits, carried out every five years, have been completed on the RFA Argus, RFA Mounts Bay, RFA Largs Bay and RFA Cardigan Bay between 2009 and earlier this year. The grey ships, which have become a familiar part of the Falmouth skyline over the past four years…
Mutiny on the 'Deutschland' Over Re-flagging
Captain Andreas Jungblut, 59, had captained the luxury cruise ship - made famous as the setting for the long-running Traumschiff television soap opera – for 13 years. But after he wrote a letter to German President Joachim Gauck on behalf of his crew protesting plans by the German Deilmann shipping company to hoist the Maltese flag in place of the German one, he was told to leave by the owner, Bild newspaper reported.
China Launches Large Fast Patrol Boat
China launches its largest & most advanced patrol vessel 'Haixun 01' in Wuhan, Hubei province. Haixun 01 is the first Chinese patrol vessel to simultaneously incorporate marine inspection and rescue functions. It will carry out missions regarding maritime inspection, safety monitoring, rescue, oil spill detection and handling, said Xu Guoyi, head of the Shanghai Maritime Bureau, which will manage the ship, which is expected to come into service in late 2012.
U.S.Barge Traffic Left High & Dry in River Mississippi
The Lake Providence Port is high and dry through drought after U.S. Army Corps of Engineers abandoned efforts to dredge its access channel. Louisiana farmers scramble…
Port-Evo Proposes Hefty Bangladesh Port Development Investment
British Secretary of State for Foreign and Commonwealth Affairs and Northern Ireland William Hague made the proposal when he met the Bangladesh Prime Minister Sheikh Hasina at her hotel suite.
MAIB Reports Zero UK-flag Ship Losses in 2011, Fishing Boats More Prone
There was a wide variety of accidents to merchant vessels investigated during 2011. For the second year in succession there were no UK registered ship losses and the number of accidents…
