Archive for December, 2014

The Blue Sky M shameful saga

The Blue Sky M shameful saga
The Blue Sky M – photo credits: Reuters As we have numerous times said and following the latest shameful case of the Blue Sky M carrying nearly one thousand illegal immigrants, it is about time for a coherent action in Europe and then on a global level to have an international Coast Guard with...
December 31st, 2014 | Arrest of ships, Bribery and Corruption, Corruption, Health and Safety, Military, News, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Latest from Euronav on Transparency legislation

Latest from Euronav on Transparency legislation
In accordance with the Law of 2 May 2007 relating to the disclosure of important shareholdings in listed companies, Euronav NV announces that it received a notification from York Capital Management Global Advisors LLC, acting as fund manager (with control of voting rights) for several funds, thus disclosing...
December 31st, 2014 | Legal, Markets, News, Regulatory, Stock Markets | Read More

Ukraine: UN kicks-off campaign to reach displaced persons with humanitarian aid

Ukraine: UN kicks-off campaign to reach displaced persons with humanitarian aid
UNDP provides assitance to internally displaced persons in Sievierodonetsk, a city in the Luhansk Oblast (province) of south-eastern Ukraine. Photo: UNDP Ukraine 31 December 2014 – Amid continuing fighting and a deteriorating humanitarian situation in Ukraine, the United Nations Development Programme...
December 31st, 2014 | Associations, Charity, Food and Drink, Health and Safety, HR, Immigration, Military, Politics and Government, Sanctions, UN, What Others Say | Read More

Hot Port News from GAC

Hot Port News from GAC
PUBLIC HOLIDAY FOR EID-EL-MAULUD Nigeria, all ports MARINE WORKS WEST OF TSING YI Hong Kong, Hong Kong CONSTRUCTION OF SEAWATER INTAKE CULVERT Hong Kong, Hong Kong DIVING SURVEY AT SINKI FAIRWAY Singapore, Singapore TOWAGE VOLUME BASED SURCHARGE TO RISE Australia, Eden POOR...
December 31st, 2014 | Canals, Inland Waterways, Port Conditions, Ports & Terminals | Read More

Daily Overview of Global Markets & the SEE Region (31 December 2014)

Daily Overview of Global Markets & the SEE Region (31 December 2014)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS                                                                            WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:  Reduced...
December 31st, 2014 | Banking, Finance, HR, Markets, News, Reports, Shipfinance, Stock Markets | Read More

IHSMaritime360 weekly – news, video and insight 31Dec2014

IHSMaritime360 weekly – news, video and insight 31Dec2014
HOME SAFETY PORTS OFFSHORE COMPANIES MARKETS Norman Atlantic death toll rises The deathtoll following the Norman Atlantic ferry fire has now climbed to 12, including two Albanian seafarers killed during the towage of the...
December 31st, 2014 | Associations, HR, Press and Media, Reports | Read More

Hot Port News from GAC

Hot Port News from GAC
Cruise ship passenger drill requirements from 1 January COUNTRY: Worldwide New requirements for musters of newly embarked passengers prior to or immediately upon departure come into force on 1 January 2015. The amended regulation III/19 in the International Convention for the Safety of Life at Sea...
December 30th, 2014 | Port Conditions, Ports & Terminals | Read More

News from Oslo Exchange: braving the biggest drop in oil prices

News from Oslo Exchange: braving the biggest drop in oil prices
Børsen trosset tidenes største oljeprisfall 30/12/2014 Hovedindeksen steg fem prosent i 2014 og trosset tidenes største oljeprisfall. Sterk kursutvikling i «fastlands-sektorer» reddet oppgangen for Hovedindeksen, mens store kursbevegelser sørget for rekordhandel. Samtidig hentet selskaper mer...
December 30th, 2014 | Associations, Banking, Energy, Finance, Markets, News, Oil Industry, Reports, Stock Markets | Read More

Cargotec’s MacGregor secures large subsea crane order from ZPMC

Cargotec’s MacGregor secures large subsea crane order from ZPMC
CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE 30 DECEMBER 2014 AT 11 AM (EET) MacGregor, part of Cargotec, has received a large order from Shanghai Zhenhua Heavy Industry Co Ltd (ZPMC). The contract is for four offshore cranes, including a 400-tonne SWL active heave-compensated crane capable of...
December 30th, 2014 | Marine Equipment Products and Services, Technical, Technology | Read More

ClassNK releases industry developments for 2014 in annual Technical Bulletin

ClassNK releases industry developments for 2014 in annual Technical Bulletin
Tokyo – Leading classification society ClassNK (Chairman and President: Noboru Ueda) has released a summary of the latest industry developments in its annual Technical Bulletin (Vol. 32, 2014). This year’s edition covers projects on offshore sector facilities and trial results of software solution...
December 30th, 2014 | Associations, Classification Societies | Read More

Daily Overview of Global Markets & the SEE Region (30 December 2014)

Daily Overview of Global Markets & the SEE Region (30 December 2014)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:  Major European bourses moved lower in early trade on Tuesday, giving back some of their recent hefty gains, pressured by lower energy...
December 30th, 2014 | Associations, Banking, Company Profiles, Energy, Finance, HR, Markets, News, Reports, Shipfinance, Stock Markets | Read More

The Norman Atlantic – latest update

The Norman Atlantic – latest update
The Greek Ministry of Mercantile Marine Further to our last we are closely watching the developments from now on and wait to see what the criminal investigation will bring to light. Italy, Greece – in principal, and Albania should cooperate in full together with the countries which had citizens on...
December 30th, 2014 | Associations, Breaking News, Earthquakes, Tsunamis, Cyclones and Typhoons, Environment, Health and Safety, HR, Logistics, Maritime Accidents, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Public Notification of Amendments to ClassNK Rules & Guidance

Public Notification of Amendments to ClassNK Rules & Guidance
Noboru Ueda ClassNK amends its Rules in response to industry needs Tokyo – Leading classification society ClassNK (Chairman and President: Noboru Ueda) has announced the release of amendments made to its Rules and Guidance for the Survey and Construction of Steel Ships. ClassNK regularly revises...
December 30th, 2014 | Associations, Classification Societies, News, Regulatory | Read More

The North Alliance lists its first bond issue on Oslo Børs

The North Alliance lists its first bond issue on Oslo Børs
30/12/2014  – The North Alliance AS lists its first bond issue on Oslo Børs today. The North Alliance is a consultancy- and marketing conglomerate. The bond loan that is admitted to listing today –  The North Alliance AS 13/18 FRN C – is an issue of NOK 150 million with a floating...
December 30th, 2014 | Markets, Stock Markets | Read More

Hot Port News from GAC

Hot Port News from GAC
Lower sulphur fuel requirements from 1 January COUNTRY: Worldwide Ships trading in designated emission control areas will have to use on board fuel oil with a sulphur content of no more than 0.10% from 1 January 2015, against the limit of 1.00% in effect up until 31 December 2014. The stricter rules...
December 29th, 2014 | Canals, Port Conditions, Ports & Terminals, Weather | Read More

End of year message from ITF President Paddy Crumlin

End of year message from ITF President Paddy Crumlin
Paddy Crumplin ITF President Paddy Crumlin wishes all a peaceful and happy “season of renewal” – 29/12/2014 – I’d like to I’d like to wish all members, staff and officers of the Maritime Union of Australia and the International Transport Workers’ Federation a peaceful...
December 29th, 2014 | Anniversaries, HR, ITF | Read More

GAC Norway joins 2014 Gaselle List

GAC Norway joins 2014 Gaselle List
  Mikael Rødseth, General Manager of GAC Norway Joins catalogue of companies recognised for sound finances and sustained growth Norway, 29 December 2014: GAC Norway AS has been added to the 2014 Gaselle List, a nationally-recognised catalogue of Norwegian businesses that have proven sound finances...
December 29th, 2014 | Company Profiles, HR, Marine Equipment Products and Services | Read More

Greece is heading to early general elections…

Greece is heading to early general elections…
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A Greece is heading to early general elections- The third and final parliamentary vote for the election of a new President failed to yield the required majority The third and final vote in Greek Parliament for...
December 29th, 2014 | HR, Markets, News, Politics and Government, Stock Markets | Read More

Greece: Crucifying Stavros Dimas opens the Pandoras’ Box…

Greece: Crucifying Stavros Dimas opens the Pandoras’ Box…
Greece’s parliament building Rejecting the only candidate and calling a snap election will only make things worse in Greece, its periphery, Eurozone, Europe and the world at large… Those MPs though who preferred to express their ego and put same before Greece’s national interest will fail too...
December 29th, 2014 | Associations, Breaking News, European Union, Politics and Government, Stock Markets | Read More

Wärtsilä strengthens its support for African maritime sector with delivery of donated ship engine

Wärtsilä strengthens its support for African maritime sector with delivery of donated ship engine
Prof. Derrick Swartz – Vice Chancellor NMMU, Mr Greg Davids – Wärtsilä Business Development Partner in Africa, Ms Itumeleng Pooe – SAMSA Senior Manager Marine Tourism & Leisure, Professor Dalenca Pottas – Acting Dean, Faculty of Engineering NMMU and Mr Odwa Mtati –...
December 29th, 2014 | Associations, Charity, Corporate Social Responsibility, Events, HR, Marine Equipment Products and Services, Maritime Education and Training, News | Read More

The “Norman Atlantic” rescue operation still under way

The “Norman Atlantic” rescue operation still under way
The Greek Ministry of Mercantile Marine Maritime Accidents will always happen. The Norman Atlantic, a roro car ferry with nearly 420 passengers, 56 crew members and  222 vehicles, en route to the Italian port of Ancona from Igoumenitsa in Greece, under severe weather conditions in south Adriatic sea,...
December 28th, 2014 | Breaking News, Earthquakes, Tsunamis, Cyclones and Typhoons, Health and Safety, Marine Insurance, Maritime Accidents, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Greece: what next!

Greece: what next!
Greece’s parliament building Greece: the die is cast; responsibility for the latest political disaster, and what will surface, rests with all! In a few hours a crucial voting takes place in Greece’s parliament  to elect the proposed president  that the current ruling coalition has put forward....
December 28th, 2014 | Breaking News, Comment, News, Politics and Government | Read More

Global union federation calls on UK business secretary to show City Link workers respect

Global union federation calls on UK business secretary to show City Link workers respect
David Cotton The 4.5 million strong International Transport Worker’s Federation (ITF) today backed the National Union of Rail, Maritime and Transport Workers’ (RMT) fight for the livelihood of City Link workers in the UK. 28/12/2014 City Link, a Coventry-based courier and logistics firm with...
December 28th, 2014 | Associations, ITF, Logistics, Rail | Read More

Hot Port News from GAC

Hot Port News from GAC
World Holidays: 28 December 2014-10 January 2015 COUNTRY: Worldwide Public holidays around the world in the coming two weeks include the following: Tue 30 Dec – Rizal Day (Philippines) Wed 31 Dec – New Year’s Eve Thu 1 Jan – New Year’s Day Tue 6 Jan – Epiphany For information...
December 27th, 2014 | Holidays, Ports & Terminals, Religion | Read More

Hot Port news from GAC

Hot Port news from GAC
LIMITED ANCHORAGE SPACE United States, San Francisco, California Limited anchorage space December 26, 2014, United States, San Francisco, California As of 24 December, the San Francisco Bay Anchorages will be unable to accommodate vessels with drafts greater than 25 feet.  Vessels...
December 26th, 2014 | Port Conditions, Ports & Terminals | Read More