Archive for December, 2013

DNV GL launches new global brand…

DNV GL launches new global brand…
Henrik O. Madsen, President & CEO, DNV GL Group. DNV GL launches new global brand, Stuart D. Brewer writes: 16.12.2013 “In defining our new identity as DNV GL, our company’s vision of making a ‘global impact for a safe and sustainable future’ has never been more relevant than it is today,...
December 16th, 2013 | Classification Societies, IACS, News | Read More

Diana Containerships Inc., announces the sale panamax container vessel m/v “Spinel”

Diana Containerships Inc., announces the sale panamax container vessel m/v “Spinel”
 ATHENS, GREECE, December 16, 2013 – Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in the ownership of containerships, today announced that on December 12, 2013 it signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated...
December 16th, 2013 | Chartering, Markets, News, Sales and Purchases, Ship Demolitions | Read More

Lloyd’s appoints Inga Beale as Chief Executive

Lloyd’s appoints Inga Beale as Chief Executive
London, Monday 16 Dec 2013 – The Council of Lloyd’s is pleased to announce that it has appointed Inga Beale to the position of Chief Executive to succeed Richard Ward (source: Lloyd’s of London) Inga comes to Lloyd’s with three decades of international insurance and reinsurance experience. Most...
December 16th, 2013 | HR, Insurance and Reinsurance | Read More

Shipping industry attends Mission’s Christmas Festival

Shipping industry attends Mission’s Christmas Festival
The Mission to Seafarers is pleased to announce the attendance of key shipping professionals at its annual Christmas service: The Festival of Nine Lessons and Carols 2013. The evening was attended by leaders from the shipping industry and loyal supporters, with a performance by the Lloyd’s Choir, at...
December 16th, 2013 | Anniversaries, Associations, Charity, Events | Read More

Euronav to raise US$ 150 mio…

Euronav to raise US$ 150 mio…
EURONAV to raise US$ 150 mio of perpetual convertible preferred equity ANTWERP, Belgium, 16 December 2013 – The board of directors of Euronav NV (‘Euronav’) announced today that the company has raised USD 150 million via a private placement of a perpetual convertible preferred equity instrument...
December 16th, 2013 | Banking, Markets, News, Shipfinance, Stock Markets | Read More

IUA welcomes Travelers as new member company

IUA welcomes Travelers as new member company
Dave Matcham The International Underwriting Association has welcomed Travelers Insurance Company Limited as its latest member firm Travelers joins 40 other full member companies that together represent the vast majority of businesses operating across the London company market. The IUA’s recent statistics...
December 16th, 2013 | Insurance and Reinsurance, IUA | 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: * Singapore, Jurong Port – Mooring/unmooring at Banyan Basin, Jurong Island DATE: December 15, 2013 COUNTRY: Singapore PORT: Jurong Port Mooring/unmooring at Banyan Basin, Jurong Island [During reclamation...
December 15th, 2013 | Port Conditions, Ports & Terminals | Read More

Russian Union of Marine Insurers third conference rated an international success…

Russian Union of Marine Insurers third conference rated an international success…
Nick Sansom of Standard P&I Club, Olga Lazovskaya, and Mikhail Selyukov, claims and insurance manager at Bashvolgotanker Russian Union of Marine Insurers third conference rated an international success, with frank debates on Arctic shipping and other key issues,  By James Brewer Shipping, insurance,...
December 14th, 2013 | Arctic Shipping, Conferences, Seminars, Forums, Marine Insurance, Safety and Security, Salvage, Towage, Wreck Removals | 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: * Worldwide – World Holidays: 15-28 December 2013 * India, Mumbai – Warehouse Bye Laws & Bunders Scale of Rates 2014 * Singapore, Jurong Port – Reclamation of Ayer Chawan Basin, Jurong Island DATE:...
December 14th, 2013 | Holidays, Port Conditions, Ports & Terminals | Read More

When Festive Faux Pas go viral

When Festive Faux Pas go viral
Fri 13 Dec 2013 – Christmas office parties should be fun, but the rise of social media means they can have serious legal and reputational implications for organisations when they go wrong. (source: Lloyd’s of London) Christmas is traditionally a time to let your hair down, have a few drinks,...
December 14th, 2013 | Food and Drink, Insurance and Reinsurance | Read More

New Trends in Piercing the Corporate Veil…

New Trends in Piercing the Corporate Veil…
New Trends in Piercing the Corporate Veil… – (The conservative versus the liberal approaches) Salomon v A Salomon established a century-old principle of the separate juristic personality of a corporation (the corporate veil). It provides a method of limitation of liability, protects shareholders’...
December 13th, 2013 | Legal, London Shipping Law Centre, Maritime Fraud | 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: * Singapore, Singapore – Dredging at Benoi Basin * Singapore, Singapore – Dredging at Serangoon Harbour * Singapore, Singapore – Seawall repairs at ferry terminal * Hong Kong, Hong Kong –...
December 13th, 2013 | Port Conditions, Ports & Terminals | Read More

Broken promises cause French rail strike

Broken promises cause French rail strike
13 December 2013 – French rail unions, including the ITF-affiliated Fédération CGT des Cheminots (CGT) went on national strike yesterday, 12 December, in response to government reforms at SNCF, which it says do not meet the promises made last year by the minister of transport. Unions say that...
December 13th, 2013 | ITF, Rail | Read More

The Markets: “Coming” up but be more cautious

The Markets: “Coming” up but be more cautious
John N. Faraclas This live telephone reporting of the state of the markets and other interesting shipping events  took place yesterday at the Baltic where Faraclas was attending the IMIF’s event  on “Alternate sources of debt finance for shipping”,  an excellent presentation by Simon...
December 13th, 2013 | Markets, News | Read More

Willard Marine wins contract for 42 SOLAS-approved rescue boats for U.S. Army

WM490SOLAS OB-300.jpgAnaheim, Calif., – Dec. 12, 2013 – (Marine NewsWire) Willard Marine, a 56-year-old builder of composite and aluminum boats, has received a contract to supply 42 rescue boats for U.S. Army supply ships and landing craft. Under the contract, awarded by the U.S. Army Contracting...
December 13th, 2013 | Marine Equipment Products and Services, Safety and Security, Technical | Read More

Sir Ranulf Fiennes to speak at IMarEST’s 2014 annual dinner

Sir Ranulf Fiennes to speak at IMarEST’s 2014 annual dinner
Ranulph Fiennes The maritime world will gather together for the 111th Annual Dinner of the Institute of Marine Engineering, Science and Technology (IMarEST) at Guildhall in the City of London on Friday 28 March 2014. The prestigious evening will be hosted by IMarEST’s incoming 112th President, Richard...
December 13th, 2013 | IMarEST | Read More

Transnet Ports’ Chief Executive to give keynote at Cool Logistics Africa

Transnet Ports’ Chief Executive to give keynote at Cool Logistics Africa
Tau Morwe joins experts from across the supply chain and government to discuss the future of Africa’s perishables trade at annual logistics forum London, 12.12.2013 – Tau Morwe, Chief Executive of Transnet National Ports Authority (TNPA), has been confirmed as a keynote speaker at the 3rd...
December 13th, 2013 | Logistics, Reefer Containers, Reefer ships | Read More

Warning over supply chain impact of Australian car manufacturer closure

Warning over supply chain impact of Australian car manufacturer closure
Warning over supply chain impact of Australian car manufacturer closure 13 December 2013 – Workers all along the supply chain will be affected by the closure of a major Australian car manufacturer That’s the warning from ITF-affiliate, the Maritime Union of Australia following the announcement...
December 13th, 2013 | ITF | Read More

Tanker market “not for the faint hearted” delegates warned.

Tanker market “not for the faint hearted” delegates warned.
TradeWinds Events – Dec 13, 2013 12:09 GMT – A severe storm in Europe last Friday did nothing to dampen debate at the TradeWinds Charterers Forum in Geneva, although optimism for new year cheer among tanker owners was muted. Discussion focused on where the tanker market is headed for 2014....
December 13th, 2013 | Conferences, Seminars, Forums, Energy, Markets, Tankers | Read More

FUGRO opens new office in Mozambique

FUGRO opens new office in Mozambique
Maputo, Mozambique: Fugro recently opened new office premises in Maputo and has established the only internationally accredited laboratory in Mozambique. Continuing to meet the fast-growing demands of the country’s large-scale industries, Fugro is committed to servicing its oil and gas clients in the...
December 13th, 2013 | Energy, Oil Industry, Regulatory, Technical, Technology | Read More

Greece’s Difficulties in Delimiting an Exclusive Economic Zone…

Greece’s Difficulties in Delimiting an Exclusive Economic Zone…
Antigoni Vrohidou Greece’s Difficulties in Delimiting an Exclusive Economic Zone (EEZ) due to Her Neighbour Countries  by Antigoni-Maria Vrochidou Abstract This research study investigates the difficulties Greece is facing in delimiting her Exclusive Economic Zone (EEZ). More specifically, it analyses...
December 13th, 2013 | EEZ, Legal, Oceanology, Politics and Government | Read More

Baltic Exchange announces significant capesize changes

Baltic Exchange announces significant capesize changes
The Baltic Exchange The Baltic Exchange will be making significant amends to the Baltic Capesize Index including a change to its vessel description, amends to the route weightings and the addition of three new routes.   The move follows a formal consultation process with the dry bulk market which began...
December 12th, 2013 | Chartering, Fixtures, Markets, News | Read More

Tsavliris Christmas party 2013; who wasn’t there!

Tsavliris Christmas party 2013; who wasn’t there!
Andreas A. Tsavliris delivering his Christmas speech Off to the Tsavliris Salvage Group Christmas cocktail party at the Royal Thames Yacht Club in Knightsbridge where last Tuesday over 300 guests enjoyed one of the best ever Christmas events of the last decade! All sectors of the industry where represented;...
December 12th, 2013 | Anniversaries, Associations, Awards, Charity, Environment, Events, HR, Insurance and Reinsurance, Marine Insurance, Salvage, Towage, Wreck Removals | Read More

EURONAVAL 2014

EURONAVAL 2014
  24th INTERNATIONAL NAVAL DEFENCE & MARITIME EXHIBITION 27 – 31 October 2014 Paris | France EURONAVAL 2014, the biennial International Naval Defence & Maritime Exhibition and Conference, will take place from 27 to 31 October 2014 at the Le Bourget Exhibition and Conference centre...
December 12th, 2013 | Military | Read More

North P&I Club and Sunderland Marine Mutual to enter into merger framework agreement

Pratap Shirke North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) are entering into a merger framework agreement which, if accepted by members, will result in the creation of one of the world’s largest marine insurance operations in early 2014. The...
December 12th, 2013 | P and I Clubs | Read More