Archive for January, 2016

Industry confused about postponed MEPC.227(64) entry into force dates

Industry confused about postponed MEPC.227(64) entry into force dates
The industry is still in the dark about MEPC.227(64), said ACO Marine Managing Director, Mark Beavis Confusion surrounding the entry into force date of MEPC 227(64), the amended regulation governing ship wastewater discharge overboard requirements, could see some shipowners falling foul of the new rules. Mark...
January 21st, 2016 | Emissions, Environment, Pollution, Regulatory | Read More

Euronav announce sale of the VLCC “Famenne”

Euronav announce sale of the VLCC “Famenne”
ANTWERP, Belgium, 20 January 2016 – Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) today announces that the Company sold the VLCC Famenne (2001 – 298, 412 dwt), one of its two oldest VLCC vessels, for USD 38.4 million. The vessel is wholly owned by Euronav. The...
January 21st, 2016 | Markets, Sales and Purchases, Stock Markets, Tankers | Read More

DNV GL acquires Swedish power system expert Gothia Power

DNV GL acquires Swedish power system expert Gothia Power
Remi Eriksen, DNV GL Group President and CEO. Gothia Power, a leading Swedish power system analysis company, has been acquired by DNV GL. “This company’s expertise and services are a perfect match for DNV GL’s existing portfolio in the renewable power, transmission and distribution industries....
January 21st, 2016 | Classification Societies, Mergers and Acquisitions | Read More

Union of Greek Shipowners Disagrees with EC on Taxation Issues

Union of Greek Shipowners Disagrees with EC on Taxation Issues
The Union of Greek Shipowners today responded to the European Commission’s recently published Decision (C(2015)9019 final / 18-12-2015) alleging that some provisions of the Greek shipping taxation regime are in breach of EU state aid provisions and, in particular, the conditions set out in the current...
January 21st, 2016 | Associations, Breaking News, Communication, European Union, HR, Legal, Organisations, Regulatory, Shipmanagement, Taxation | Read More

The Market @ 358: As you like it…*

The Market @ 358: As you like it…*
The Square Mile under pressure What a multi-crash that was today,  if I may say so myself! The Baltic Dry Index (BDI)  was minus five points at 358… The Capers and their BCI 2015 up, YES up ONE point at 186… The Panamaxes (BPI) and Supras (BSI) both down nine at 360 and 372 respectively with the...
January 20th, 2016 | Consumers Market, Markets, News, Oil Industry, Statistics, Stock Markets | Read More

Ravi Mehrotra speaks at Foresight Shipping winter 2016 event…

Ravi Mehrotra speaks at Foresight Shipping winter 2016 event…
Richard Sadler (left), Mrs Manju Mehrotra (centre) and Ravi Mehrotra greet guests.   Ravi Mehrotra speaks at Foresight Shipping winter 2016 event of plans to reconstitute company as a Trust, by James Brewer Foresight,  one of the shipping industry’s best known groups, is planning to turn itself...
January 20th, 2016 | Charity, Communication, Company Profiles, Consumers Market, Corporate Social Responsibility, Energy, Environment, Events, HR, IMIF, Jobs, Maritime Education and Training, Markets, News, People and Places, Person Profiles, Shipfinance | Read More

Royal Ahrend joins World Rowing’s clean water initiative

Royal Ahrend joins World Rowing’s clean water initiative
The World Rowing Federation (FISA) is pleased to announce Royal Ahrend as the first Official Supplier to the Kafue River & Rowing Centre in Zambia.Royal Ahrend is an international leader in office furniture committed to delivering contemporary and highly sustainable office lifestyles...
January 20th, 2016 | Associations, Charity, Environment, Rowing, Sports | Read More

Hot Port News from GAC

Hot Port News from GAC
              20-Jan-2016 DECK COOLING DURING TRANSIT Panama Canal, Panama COAL TERMINAL BREAK-DOWN Port Kembla, Australia Deck cooling during transit Wednesday, January 20, 2016, Panama Canal, Panama Effective immediately, and until further notice,...
January 20th, 2016 | Canals, Port Conditions, Ports & Terminals | Read More

OI 2016: leading edge positioning & metrology techniques & technologies

OI 2016: leading edge positioning & metrology techniques & technologies
From OI 2014-crowded aisles Challenging times for the offshore survey and metrology industry require innovative and leading edge techniques and technologies that deliver operational efficiencies and productivity. And that, in the words of one of the co-chairmen of the ‘Positioning and Metrology’...
January 20th, 2016 | Alternative Sources of Energy, Climate, Construction, Drill ships, EEZ, Emissions, Energy, Environment, Events, Conferences,Forums and Symposiums, Exhibitions, Marine Equipment Products and Services, Oceanology, Oil Spill, Pollution, Supply ships, Technical, Technology | Read More

GAC forms dedicated team to serve global LNG sector

GAC forms dedicated team to serve global LNG sector
Bob Bandos, GAC North America’s Managing Director – Shipping. GAC LNG Services unveiled in response to growing demand for specialist skills  Houston, 20 January 2016  – Global shipping, logistics and marine services provider GAC Group has formed a dedicated team to meet growing global...
January 20th, 2016 | LNG, Logistics, Ship Agencies | Read More

MAN Diesel & Turbo Continues Expansion into Chinese Two-Stroke Market

MAN Diesel & Turbo Continues Expansion into Chinese Two-Stroke Market
YCMP becomes latest Chinese licensee At a ceremony in Zhuhai, Guangdong Province on 16 January 2016, local engine builder – Yuchai Marine Power Co., Ltd. (YCMP) – signed a new licence agreement with MAN Diesel & Turbo for the production of MAN B&Wbranded, two-stroke diesel engines. Jiang...
January 20th, 2016 | Marine Equipment Products and Services, Ship Conversions, Shipbuilding and Shipyards, Shiprepair, Technical, Technology | Read More

Holland America Line’s ms Eurodam receives innovative new bar…

Holland America Line’s ms Eurodam receives innovative new bar…
The Ms “Eurodam” Holland America Line’s ms Eurodam receives innovative new bar, entertainment venues and suite upgrades in dry dock Extensive refit debuts Lincoln Center Stage, Gallery Bar, New York Pizza and more 20 January, 2016 – When ms Eurodam re-entered service 20 December,...
January 20th, 2016 | Ship Conversions, Shipbuilding and Shipyards, Shiprepair, Technical, Technology | Read More

North P&I Club publishes major loss prevention guide on bulk cargoes

North P&I Club publishes major loss prevention guide on bulk cargoes
The 175 million GT, ‘A’ rated North P&I Club has published a major new guide for the international shipping industry on how to reduce losses when carrying bulk cargoes by sea. The 280-page Bulk Cargoes: A Guide to Good Practice adds to North’s comprehensive portfolio of guidance provided...
January 20th, 2016 | Books, Dry Bulkcarriers, Marine Insurance, Maritime Accidents, P and I Clubs, Safety and Security | Read More

The Trumpet from VesselsValue Newsletter 20 Jan. 2016

The Trumpet from VesselsValue Newsletter 20 Jan. 2016
Wednesday 20 January 2016                           ...
January 20th, 2016 | Chartering, Markets, Reports, Sales and Purchases, Ship Demolitions, Ship Finance, Statistics | Read More

New guide equips ship operators with all-encompassing NOX reduction…

New guide equips ship operators with all-encompassing NOX reduction…
The book cover NEW GUIDE EQUIPS SHIP OPERATORS WITH ALL-ENCOMPASSING NOX REDUCTION AND ABATEMENT RESOURCES TO FUTURE PROOF VESSELS  Fathom Maritime Intelligence has published an independent, technical guide that contains practical tools to support ship owners and operators with decision making around...
January 20th, 2016 | Associations, Books, Emissions, Environment, Pollution, Regulatory | Read More

TT Club Supports Seahorse Club Journalist Award

TT Club Supports Seahorse Club Journalist Award
Joe Lo, 2015 Winner of the Seahorse Newcomer of the Year award receives his trophy and certificate from Andrew Huxley, Development Director – Europe, Middle East and Africa London, 20 January 2015 – International freight insurance provider, TT Club has been enthusiastically supporting the...
January 20th, 2016 | Associations, Awards, Charity, Clubs, Communication, Corporate Social Responsibility, Events, Conferences,Forums and Symposiums, HR, P and I Clubs | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, January 20, 2016)

Daily Overview of Global Markets & the SEE Region (Wednesday, January 20, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The improved tone witnessed yesterday proved short-lived with the majority of global equity markets moving lower in early trade on Wednesday weighed...
January 20th, 2016 | Banking, Company Profiles, Finance, HR, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

World Maritime Day theme launched… SDC opens

World Maritime Day theme launched… SDC opens
The IMO’s HQ’s in London “Indispensable shipping” theme launched The critical link between shipping and global society is the main focus for this year’s World Maritime Day theme: “Shipping: indispensable to the world“. The theme for 2016 was launched by IMO Secretary-General...
January 20th, 2016 | Associations, Markets | Read More

Cargotec acquires maritime software company

Cargotec acquires maritime software company
CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 20 JANUARY 2016 AT 9:00 AM (EET) Cargotec Corporation has agreed to acquire INTERSCHALT maritime systems AG, the leading specialist software and related service provider to the maritime industry. The acquisition will complement Cargotec’s strategic...
January 20th, 2016 | IT and Communications, Marine Equipment Products and Services, Mergers and Acquisitions, Technical, Technology | Read More

Corvus Energy announces vastly improved performance specifications…

Corvus Energy announces vastly improved performance specifications…
Corvus Energy announces vastly improved performance specifications for its current industry-defining lithium ion battery systems. Corvus’ rigorous testing program with the Laboratory of Alternative Energy Conversion (LAEC) at Simon Fraser University, one of the preeminent battery testing and research...
January 20th, 2016 | Academia, Energy, Marine Equipment Products and Services, Technical, Technology | Read More

Wärtsilä to upgrade largest residential ship in the world

Wärtsilä to upgrade largest residential ship in the world
“The World” in Hong Kong Wärtsilä Corporation, 20 January 2016 at 10 am EET – “The World”, the largest, private, residential ship on the seas, will be retrofitted with a Wärtsilä Advanced Wastewater treatment system and a Wärtsilä Nacos Platinum system for navigation...
January 20th, 2016 | Marine Equipment Products and Services, Regulatory, Ship Conversions, Shipbuilding and Shipyards, Shiprepair | Read More

Offshore opportunities in a low crude oil environment

Offshore opportunities in a low crude oil environment
Patrik Wheater, Managing Director, Seaborne Communications Companies serving the offshore energy sector must accept that crude oil prices are not going to bounce back anytime soon and look to diversify into other market areas in the same way the commercial shipping industry does when high crude oil prices...
January 20th, 2016 | Energy, Events, Conferences,Forums and Symposiums, Markets, Oil Industry, Oil Platforms and Rigs | Read More

PC Maritime ECDIS for 39 Overseas Shipholding Group vessels

PC Maritime ECDIS for 39 Overseas Shipholding Group vessels
John Brechin Managing Director V.Ships UK, Captain Yun Ho No, Vice President OSG Ship Management, Mike Dunstall, Commercial Manager PC Maritime, David Edmonds, Managing Director PC Maritime, William Nugent, Vice President OSG Ship Management, and Brian Kinson, technical manager OSG Ship Management. PC...
January 20th, 2016 | IT and Communications, Marine Equipment Products and Services, Shipmanagement, Technical, Technology | Read More

Crashing BDI clocks 363…

Crashing BDI clocks 363…
John Faraclas Once again we witnessed yet another fall of the BDI, this time losing six points and clocking 363; that’s a real crush given what has happened over the last two years*.- Even if the markets rebound back and reach 2, 000, 3, 000 or even 6, 000 points the damage has been completed.- Despite...
January 19th, 2016 | Chartering, Dry Bulkcarriers, Markets, News, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
                19-Jan-2016 BRIDGE WORKS Bosphorus, Turkey INDUSTRIAL ACTION UPDATE (19 JANUARY) Australia Bridge works Tuesday, January 19, 2016, Bosphorus, Turkey The Bosphorus will be closed to traffic between 00:01 on Thursday 21 January and 00:01 on Friday...
January 19th, 2016 | Canals, Inland Waterways, Port Conditions, Ports & Terminals | Read More