Archive for May, 2012

Multraship to take delivery of new Damen ASD 3212 tug

Multraship to take delivery of new Damen ASD 3212 tug
The Multratug 19 LEADING towage and salvage specialist Multraship is to take delivery of a new design of ASD 3212 tug from the Galati, Romania yard of the Damen Shipyards Group. The new ASD 3212 Multratug 19 has been built to a completely new design specification developed after a period of intensive...
May 24th, 2012 | News, Shipbuilding and Shipyards | Read More

Group of skiffs attack ship in Gulf of Oman – Maritime Security Alert (24 May 2012)

Group of skiffs attack ship in Gulf of Oman – Maritime Security Alert (24 May 2012)
A maritime security alert has been issued for the northern Gulf of Oman after US-flagged cargo ship Maersk Texas was attacked by a group of around 20 skiffs approximately 50NM east of Fujairah at around 0900 local time on 23 May. Reports suggest an attack group of 10 skiffs approached the starboard side...
May 24th, 2012 | Breaking News, Piracy and Terrorism | Read More

Oslo Børs to discourage excessive order activity

Oslo Børs to discourage excessive order activity
Bente Landsnes With effect from 1 September, Oslo Børs will introduce a fee that will affect unnecessarily high order activity in the stock market. The purpose of the fee is to discourage orders that do not contribute to the effective and sound conduct of stock market trading. Order activity at unnecessarily...
May 24th, 2012 | News, Stock Markets | Read More

RENA Container recovery passes 800 mark

Containers can be seen pushing up the hatch covers in the bow section - photo credit LOC The number of containers recovered from the stricken Rena on Mount Mauganui’s Astrolabe Reef has risen above the 800 mark.  A total of 815 of the 1, 368 containers have now been brought to port. Braemar Howells’...
May 23rd, 2012 | Environment, Maritime Accidents | Read More

HOT Port news from GAC

Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * India, Paradip – Enhancement of Draft of CQ-I berth from 09.06.2012 to 30.06.2012 DATE: May 23, 2012 – COUNTRY: India – PORT: Paradip-  Enhancement of Draft of CQ-I berth from 09.06.2012 to...
May 23rd, 2012 | Ports & Terminals | Read More

The Board of Oslo Børs approves Selvaag Bolig for listing on Oslo Børs and a transfer of Spectrum from Oslo Axess to Oslo Børs

The Board of Oslo Børs approves Selvaag Bolig for listing on Oslo Børs and a transfer of Spectrum from Oslo Axess to Oslo Børs
At its meeting on 23 May 2012, the Board of Directors of Oslo Børs resolved to admit the shares in Selvaag Bolig ASA to listing on Oslo Børs and a transfer of the shares in Spectrum ASA from listing on Oslo Axess to listing on Oslo Børs. Selvaag Bolig approved for listing on Oslo Børs At its meeting...
May 23rd, 2012 | News, Stock Markets | Read More

The turnaround in US oil output and its impact on tanker shipping

While the tanker market has been bracing itself for the possible closure of the Strait of Hormuz and an ensuing loss of 12 million barrels/day (13%) of world oil production, during the first half of 2012, a change of a much more subtle nature is already impacting tanker shipping. Oil production in the...
May 23rd, 2012 | BIMCO, Energy, Markets | Read More

Watchkeeper: The underwriter’s tale

The job of the marine underwriter, put simply and traditionally, is to ensure that more is taken in to the premium account than is paid out after claims. Aside from the complexities of reinsurance and laying off risks, it might seem a relatively undemanding task for the experienced insurer. But talk...
May 23rd, 2012 | BIMCO, Marine Insurance | Read More

DeLorme inReach™ Two-Way Satellite Communicator Now Connects With iPhone®, iPad® and iPod® touch

DeLorme inReach™ Two-Way Satellite Communicator Now Connects With iPhone®, iPad® and iPod® touch
Two-way messaging, interactive SOS, global coverage and Follow-Me/Find-Me Tracking and Location now available to vastly expanded mobile device user base YARMOUTH, Maine – DeLorme, an innovation leader in navigation technology, today announced that its award-winning inReach™ is now compatible with...
May 23rd, 2012 | IT and Communications, Marine Equipment Products and Services, News | Read More

MOL Announces Launch of New China – Middle East Service (“CMS”)

HONG KONG 22nd May, 2012 – MOL Liner Ltd. (MOL) today announced its new China–Middle East Service (CMS) departing Shanghai on 8th June 2012. MOL will offer an additional weekly service by joining the existing service operated by Wan Hai Lines, Pacific International Lines, and Kawasaki Kisen Kaisha....
May 22nd, 2012 | Liner Shipping and Trade | Read More

HOT Port news from GAC

Your daily news service from ports around the world. In this HOT PORT NEWS, read about: United States, Mississippi River, Louisiana – New deep draft recommendation Hong Kong, Hong Kong – Unloading of Precast Concrete Viaduct Segments Singapore, Singapore – Soil investigation off...
May 22nd, 2012 | Ports & Terminals | Read More

Videotel launches new dynamic positioning course

High quality graphics and animations demonstrate clearly the principles and practice of dynamic positioning. VIDEOTEL launches new dynamic positioning course at 2012 DP Conference in London Dynamic positioning (DP) is essential to an ever increasing number of maritime sectors. Today there are over 1,...
May 22nd, 2012 | Maritime Education and Training | Read More

Greek Shipping Rules the Waves

Greek Shipping Rules the Waves
We have devoted many articles on the world’s number one shipping nation, as well as the current upheaval vis-a-vis the Greek issue, the Euro, the Greek elections et al. Today we bring you live the short interview of our editor John Faraclas to CNBC’s Julia Chatterley. In a nutshell, the Greek...
May 22nd, 2012 | News | Read More

Graig secures ten-vessel supervision contract for Global Union suezmax newbuildings

Graig China Ltd (GCL), part of the Cardiff-based Graig Group, has been contracted by Hong Kong-based Global Union Shipping Limited to supervise the construction of ten 157, 000 dwt suezmax crude oil tankers building at Jiangsu Rongsheng Heavy Industries Co Ltd in China. The last vessel in the ten-ship...
May 22nd, 2012 | Shipbuilding and Shipyards | Read More

GL & MAN joint study: Costs and benefits of LNG as ship fuel for container vessels

Using liquefied natural gas (LNG) as ship fuel has recently gained more attention not only in Europe, but also in Asia and the USA. Ship owners interested in LNG as ship fuel are currently facing a number of questions regarding the costs and the possible benefits of using such technology. And they wish...
May 22nd, 2012 | Bunkering, Classification Societies, Marine Equipment Products and Services | Read More

The Municipality of Thessaloniki hosts HELMEPA

The Municipality of Thessaloniki hosts HELMEPA
The Mayor John Boutaris and on his left, HELMEPA's Director General Dimitris Mitsatsos HELMEPA is continuing the implementation of the Association’s “Marine Environment and Sciences Awareness” campaign, which is supported by the UK-based independent charity Τhe Lloyd’s Register Educational...
May 22nd, 2012 | Charity, Education and Training, Environment, Events | Read More

Final London 2012 Olympic Spots Taken

Netherlands Antilles, Peru and South Africa take the number of nations qualified for the London 2012 Olympic Sailing Competition up to 57 after the 470, Finn and Laser Radial Worlds. The Laser Radial fleet at London 2012 is the second biggest with 39 spots available. Just nine of these were up for grabs...
May 21st, 2012 | Sports, Yachting | Read More

Oceanic power inspires vibrant creations by artist Misha Milovanovich

Misha Milovanovich Memories of seaside days by the Adriatic lift the London fashion spirit. By James Brewer Artist and designer Misha Milovanovich delights in looking back on a happy childhood spent by the Adriatic Sea, which she credits for giving a dramatic impetus to her creativity. These days Misha...
May 21st, 2012 | Charity, Fashion, Maritime Art | Read More

HOT Port news from GAC

Your daily news service from ports around the world. In this HOT PORT NEWS, read about: India, Kandla – Prohibition of use of Thoraya satellite phone in India Australia, Sydney – Passenger Movement Charge or PMC increased Bunker Update – 21/05/12 DATE: May 21, 2012 – COUNTRY:...
May 21st, 2012 | Bunkering, Ports & Terminals | Read More

Wärtsilä Hamworthy wins major Santos Basin inert gas contract

Wärtsilä Hamworthy wins major Santos Basin inert gas contract
Wärtsilä Hamworthy, the global leader in environmental and liquid cargo handling solutions for the marine and oil & gas markets, has underscored its technical prowess in the offshore sector by winning the contract from Brazilian shipyard Ecovix-Engevix Construções Oceânicas S.A. to deliver Inert...
May 21st, 2012 | Environment, Marine Equipment Products and Services, News, Shipbuilding and Shipyards | Read More

IHG Announced As ISAF Official Hotel Provider

The International Sailing Federation is today (21 May 2012) pleased to announce that IHG (InterContinental Hotels Group) has become official hotel provider to ISAF. IHG, one of the world’s largest hotel companies, becomes an ISAF official supplier until December 2013. The sponsorship provides IHG with...
May 21st, 2012 | Sports, Yachting | Read More

GL Group’s Annual Report 2011

GL Group presents: The GL Group Annual Report for 2011 is now available The GL Group enhanced its position in a challenging market environment in 2011. All three business segments – Maritime Services, Oil & Gas and Renewables – showed growth. The GL Group was able to further focus its portfolio...
May 21st, 2012 | Classification Societies | Read More

Sailors’ Society Scottish Bike Ride Saturday 15th September 2012

Get on your bike for the Sailors’ Society! We’re challenging teams of three to cycle 80km of beautiful Highland countryside and raise vital funds to support seafarers worldwide. This one-day ride will follow the Deeside Way, an existing cycle route following an old railway line built for Queen...
May 21st, 2012 | Charity, Sports | Read More

RINA Group to project-manage Indonesian FSRU

Italy-based RINA Group will deliver concept selection, FEED, support during negotiations with potential shipyards, project management during construction, and support for commissioning for a new floating LNG FSRU terminal in South Sumatra, Indonesia. RINA has been appointed by PGAS Solution, a subsidiary...
May 21st, 2012 | Classification Societies, Energy, Logistics | Read More

GAC calls for businesses to invest in ‘borderless learning’

GAC calls for businesses to invest in ‘borderless learning’
Damien O'Donoghue General Manager of GAC Corporate Academy left-presented with a token of appreciation by the HRM Awards Learning Conference In-house learning academies, e-learning technologies and robust ROI measures are key to modernising training and driving up performance, says GAC 21 May 2012,...
May 21st, 2012 | Conferences, Seminars, Forums, Maritime Education and Training, Ports & Terminals | Read More