Archive for October, 2013

ESPO Award shortlisted project: Maritime Cultural Heritage Plan for the Port of Oslo

ESPO Award shortlisted project: Maritime Cultural Heritage Plan for the Port of Oslo
Wednesday, 30 October 2013 14:43 – Following from ESPO:  Today we are presenting the fifth and last shortlisted project for the ESPO Award: “Maritime Cultural Heritage Plan for the Port of Oslo”, which was submitted by the Oslo Port Authority. As announced in September, the port authorities...
October 31st, 2013 | Awards, Ports & Terminals | Read More

Foreign Shipowners encourage China to resolve VAT problems

Foreign Shipowners encourage China to resolve VAT problems
  Masamichi Morooka The Chairman of the International Chamber of Shipping (ICS), Mr Masamichi Morooka,   has written to the Chinese Minister of Finance, encouraging the Chinese Government to continue its efforts to find a solution to the problems created by the application of Value Added Tax (VAT),...
October 31st, 2013 | International Chamber of Shipping, News, Politics and Government | Read More

Construction of a new Sakhalin LNG plant slated for 2015

Development of design of a new plant  for liquefied natural gas (LNG) in Sakhalin will commence in early 2014 and the facility construction is scheduled for the first half of 2015, the Sakhalin Governor and regional government’s press office said. The project issues were discussed at a meeting...
October 31st, 2013 | LNG, Logistics, Ports & Terminals | Read More

IBIA asks bunker industry whether or not the customer is really getting value

IBIA asks bunker industry whether or not the customer is really getting value
31 October 2013 –Asian growth and-global recovery are the topics for discussion at the International Bunker Industry Association (IBIA) gathering in Hong Kong next week (5-7 November 2013). But the underlying topic of debate at the conference will be “is the customer getting what he pays for”....
October 31st, 2013 | Associations, Bunkering | Read More

Shipowners’ Club Once More Keeps Premium Rises to a Minimum

Shipowners’ Club Once More Keeps Premium Rises to a Minimum
Despite a continued upward trend in the cost of claims and additional reinsurance costs, The Shipowners’ Club, P&I insurance provider to the smaller and specialist vessel sector, is to raise premiums by just 5% for the 2014/15 renewal. 31st October 2013 – Announcing its half year (2013/14)...
October 31st, 2013 | P and I Clubs | Read More

Dynamic Oil Trading hails successful first year of trading

Dynamic Oil Trading hails successful first year of trading
Lars Moller Rapid growth supported by strong business performance, with further expansion planned for 2014 Singapore,  31 October 2013 – Dynamic Oil Trading, the global trading company for marine fuels and lubricants, today reported a successful first year of operations since the launch of the company...
October 31st, 2013 | Bunkering | Read More

Hot Port News from GAC

Hot Port News from GAC
Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * Germany, Kiel Canal – Canal re-opened * Indonesia, Batam – Bad weather during berthing * Hong Kong, Hong Kong – Marine works in ex-Wan Chai Public Cargo Working Area Basin * Hong Kong, Hong Kong...
October 31st, 2013 | Bunkering, Canals, Port Conditions, Ports & Terminals, Weather | Read More

West Africa Pirates vs. the U.S.A

West Africa Pirates vs. the U.S.A
Iro J. Theophanides West Africa Pirates vs. the U.S.A; Iro J. Theofanides writes:  A 222-foot (67 meter), U.S. Flagged, C-Retriever was boarded by pirates off the coast of Nigeria kidnapping her the captain and chief engineer. The pirates actions proved quite brutal –as usual dedicated against an...
October 31st, 2013 | IMO, Piracy and Terrorism, Politics and Government | Read More

Supporting occupational mental health in the Shipping industry

Supporting occupational mental health in the Shipping industry
Prof. Neil Greenberg Professor Neil Greenberg was in the Philippines this week, as part of an expert panel discussion on the subject of promoting safe shipping at sea. The discussion was part of the Asia-Pacific Manning and Training Conference, held in Manila on 29 and 30 October 2013. Professor Greenberg,...
October 31st, 2013 | Corporate Social Responsibility, Health and Safety, HR | Read More

Cargotec’s MacGregor completes acquisition of Hatlapa marine equipment

Cargotec’s MacGregor completes acquisition of Hatlapa marine equipment
CARGOTEC CORPORATION, 31 OCTOBER 2013 AT 5.00 PM (EET)     Cargotec announces today that its MacGregor business has completed the acquisition of privately owned Hatlapa, a leading provider of merchant ship and and offshore deck equipment. Cargotec announced the intention to acquire Hatlapa in July...
October 31st, 2013 | Marine Equipment Products and Services, Stock Markets | Read More

Greece – Debt forgiveness is not a necessary precondition for restoring debt sustainability

Dr. Platon Monokroussos In our October 7, 2013 Greece Macro Monitor*, we presented a technical study on Greek public debt, forecasting a significant improvement in its dynamics after 2014 and explaining why the present elevated debt-to-GDP ratio may not by itself be the proper metric for assessing fiscal...
October 31st, 2013 | Banking, European Union, Markets, Politics and Government | Read More

Cargotec to acquire Aker Solutions’ mooring and loading systems unit to grow MacGregor offshore business

Cargotec to acquire Aker Solutions’ mooring and loading systems unit to grow MacGregor offshore business
CARGOTEC CORPORATION   30 OCTOBER 2013 AT 4.00 PM (EET) Cargotec’s MacGregor has entered into an agreement to acquire Aker Solutions’ mooring and loading systems unit for an enterprise value of  approximately EUR 180 million.  The unit, known by the Pusnes brand name, provides mooring...
October 31st, 2013 | Marine Equipment Products and Services | Read More

Vessel operating costs expected to rise over the next two years

Vessel operating costs expected to rise over the next two years
l to r: Anthony Cunningham, Richard Greiner and Stephen Gordon Vessel operating costs are expected to rise by more than three per cent in both 2013 and 2014 according to a new survey by international accountant and shipping consultant Moore Stephens. The survey is based on responses from key players...
October 31st, 2013 | Accountancy, Conferences, Seminars, Forums, Energy, Environment, HR, Jobs, News, Shipfinance, Shipmanagement, Statistics | Read More

Olivier is new Chairman of UK Club

Olivier is new Chairman of UK Club
Alan Olivier Alan Olivier was elected Chairman and President of the UK P&I Club at their Board meeting in Bermuda on October 28th. He succeeds Mr Dino Caroussis who has retired from the Board. Mr Olivier, 53, Chief Executive Officer of Grindrod Limited, became a Director of the UK Club in 2000...
October 31st, 2013 | News, P and I Clubs, People and Places | Read More

Future in focus as Fos Industrial Zone reaches 50-year landmark

Future in focus as Fos Industrial Zone reaches 50-year landmark
Jean-Claude Terrier The Marseilles Fos port authority has marked the 50th anniversary of the Fos Industrial Zone (ZIF) by hosting a professional forum to set out a vision for the vast complex over the next 50 years. Created under a French government-backed initiative in 1963, the 10, 000-hectare ZIF...
October 31st, 2013 | Ports & Terminals | Read More

International Bunkering acquires one of the oldest bunker brokering companies in the US

International Bunkering acquires one of the oldest bunker brokering companies in the US
Christoffer Berg Lassen International Bunkering, one of the world’s leading bunker and lubricant trading companies, is pleased to announce an expansion of its global coverage. International Bunkering has acquired Glander International – the renowned US bunker brokering firm – and is proud and excited...
October 30th, 2013 | Bunkering | Read More

Hot Port News from GAC

Hot Port News from GAC
Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * Germany, Kiel Canal – Kiel Canal remains closed * Mozambique, all ports – Caution urged in Mozambique ports * United States, all ports – Nontank Vessel Response Plan Final Rule * Singapore, Singapore...
October 30th, 2013 | Canals, Port Conditions, Ports & Terminals | Read More

Arbitration’s role in commercial disputes needs global standards and expertise

Arbitration’s role in commercial disputes needs global standards and expertise
Jeffrey Golden, Dr. Peter M. Werner, Dr. Roman Khodykin and the Chairman host Simon Firth The problems of resolving commercial disputes in emerging markets were aired at a seminar organised by the London Shipping Law Centre Maritime Business Forum at Linklaters London offices on October 29th. According...
October 30th, 2013 | Alternative Dispute Resolution, Conferences, Seminars, Forums, Disputes, Legal, London Shipping Law Centre | Read More

Specialist lawyers acting on the development and operation of ports and terminals

Specialist lawyers acting on the development and operation of ports and terminals
Alistair Mackie We have one of the largest teams specialising in legal matters relating to the development and operation of national and international ports and terminals. Our team of transactional and dispute resolution lawyers has a wealth of experience, having worked on over 100 port projects in 45...
October 30th, 2013 | Legal, Ports & Terminals | Read More

Braemar continues global recruitment initiative London, Singapore and Houston

Braemar continues global recruitment initiative London, Singapore and Houston
Ian McInroy Braemar Adjusting continues its global expansion with the addition of one Director in London, two Directors in Houston and an energy adjuster in Singapore.  Grant Smith, Chief Executive Officer of Braemar Adjusting, said: “This represents an extremely exciting time in our company’s development. ...
October 30th, 2013 | Company Profiles, Jobs, Marine Insurance | Read More

ISAF Match Race Rankings – 30 October 2013

ISAF Match Race Rankings – 30 October 2013
Wednesday 30 October 2013 – There is no change at World #1 in the Open and Women’s Match Race Rankings with Taylor Canfield (ISV) and Lucy Macgregor (GBR) holding firm at the top. Open Rankings Taylor Canfield’s (ISV) third place finish at the Argo Group Gold Cup was enough for him...
October 30th, 2013 | Sailing, Sports, Yachting | Read More

Sovcomflot tanker “Viktor Bakaev” completes East to West Northern Sea Route voyage

Sovcomflot tanker “Viktor Bakaev” completes East to West Northern Sea Route voyage
On 28 October 2013, at 12:20 p.m. Moscow time, the SCF Group (Sovcomflot) tankerViktor Bakaev passed Cape Zhelaniya, thus completing her transit of the Northern Sea Route (NSR). The voyage across the NSR took 14 days, including the time waiting for the ice convoy of vessels to form. The average speed...
October 30th, 2013 | Arctic Shipping, Events, Tankers | Read More

GAC scoops Lloyd’s List MEISC Logistics Award for third time in four years

GAC scoops Lloyd’s List MEISC Logistics Award for third time in four years
Dubai,  30 October 2013: GAC has won the Logistics category in the Middle East & Indian Subcontinent (MEISC) Awards for the third time in four years. Its success in the 2013 Awards repeats the company’s achievement in 2010 and 2011. Lloyd’s List is the leading daily newspaper for...
October 30th, 2013 | Awards, Events, Marine Equipment Products and Services, Ports & Terminals, Ship Agencies | Read More

Thuraya SatSleeve wins Lloyd’s List Innovation Award

Thuraya SatSleeve wins Lloyd’s List Innovation Award
Unique device that converts an iPhone to a satellite smartphone honoured at prestigious maritime awards ceremony DUBAI, UAE,  October 30, 2013 – Thuraya Telecommunications Company, a leading Mobile Satellite Services (MSS) operator,  has been named winner of the Innovation Award at the Lloyd’s...
October 30th, 2013 | Awards, IT and Communications, Marine Equipment Products and Services, Technology | Read More

21st century shipping – how will the industry evolve?

21st century shipping – how will the industry evolve?
a view from the audience  – left centre section 30.10.2013 – The maritime industry faces a decade of rapid and comprehensive change in trade, vessels, crewing and many other areas, a conference organised by The Nautical Institute’s London Branch heard in Bristol. However, the detail of...
October 30th, 2013 | Conferences, Seminars, Forums, The Nautical Institute | Read More