Archive for the ‘News’ Category

“Ships are not operating in a regulatory vacuum” says ICS Chairman…

“Ships are not operating in a regulatory vacuum” says ICS Chairman…
Esben Poulsson “ships are note operating in a regulatory vacuum” says ICS Chairman, at start of major UN negotiation on future ocean governance   At the United Nations in New York, the International Chamber of Shipping (ICS) is representing shipowners at the start of a major negotiation to...
September 5th, 2018 | Associations, Conferences, Seminars, Forums, Environment, International Chamber of Shipping, Oceanology | Read More

Moore Stephens identifies weak spots in shipping risk management

Moore Stephens identifies weak spots in shipping risk management
Michael Simms Confidence in the ability of sound risk management to contribute to commercial success in the shipping industry has fallen in the last 12 months, according to the latest annual Shipping Risk Survey from leading accountant and shipping adviser Moore Stephens. Respondents to the survey rated...
September 5th, 2018 | Reports, Special Surveys | Read More

Historical High: MAN Energy Solutions reports multiple Cruise orders

Historical High: MAN Energy Solutions reports multiple Cruise orders
The MAN 51/60DF engine involved in the latest cruise orders New orders cover broad range of company’s marine portfolio MAN Energy Solutions is currently experiencing a record order-intake within its cruise business. The company reports that, in the first eight months of 2018, it has won orders to...
September 5th, 2018 | Cruise Industry, Marine Equipment Products and Services, Shipbuilding and Shipyards, Technical, Technology | Read More

Full speed ahead for Triton 5 project

Full speed ahead for Triton 5 project
Horacio Vasquez The latest episode of the Project Triton book and cartoon series will be launched in October 2018 in Buenos Aires, Madrid, Athens and the Norwegian city of Tromsø. It will be the fifth edition of Project Triton, an initiative with the aim of awakening in children their interest in the...
September 4th, 2018 | Books, Charity, Clubs, Communication, Manning - Seafarers and Offshore, Maritime Education and Training, Maritime Gifts, Maritime History and Museums, News, Photography | Read More

Falling Capes dangerous for the Dry Markets…

Falling Capes dangerous for the Dry Markets…
John Faraclas The BDI (Baltic Dry Index) lost 44 points – double since yesterday and now stands at 1,513. If this continues and the 1,500 point-threshold is lost, everything is possible. The triple-digit fall of the Capes must be taken very seriously, his size’s  volatility. Geopolitics getting...
September 4th, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Weak spots identified in shipping risk management

Weak spots identified in shipping risk management
Michael Simms Confidence in the ability of sound risk management to contribute to commercial success in the shipping industry has fallen in the last 12 months. Respondents to our fourth annual Shipping Risk Survey rated the extent to which enterprise and business risk management is contributing to the...
September 4th, 2018 | Markets, Special Surveys | Read More

Greek Fraport Profiteering

Greek Fraport Profiteering
Landing in Chios airport Without prejudice Greek Fraport Profiteering, by John Faraclas The other day, I was thinking about the so-called “reforms” that the Greek government is allegedly bound to accomplish. The majority of these promised reforms have either not matured or those that probably have,...
September 4th, 2018 | Aviation, European Union, Insight, Maritime Tourism, Politics and Government, Tourism | Read More

Diana announces direct continuation of t/c contract for m/v Medusa with Cargill

Diana announces direct continuation of  t/c contract for m/v Medusa with Cargill
Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Medusa with Cargill ATHENS, GREECE, September 4, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through...
September 4th, 2018 | Chartering, Dry Bulkcarriers, Markets, News | Read More

Bureau Veritas and [bluester] co-operate in online marketplace for maritime services

Bureau Veritas and [bluester] co-operate in online marketplace for maritime services
Left – Matthieu de Tugny, COO, Bureau Veritas Marine & OffshoreRight – Christoph Kiese, CEO, [bluester][bluester]’s secure online marketplace, connecting ship managers with maritime service providers, will benefit from Bureau Veritas’ (BV) independent vendor qualification and seamless...
September 4th, 2018 | Classification Societies, IT and Communications, News, Shipmanagement | Read More

DNV GL at SMM 2018: DNV GL and Huangpu Wenchong, 200 ships and still going strong

DNV GL at SMM 2018: DNV GL and Huangpu Wenchong, 200 ships and still going strong
The contract signing at the SMM Trade Fair in Hamburg. Left: Mr Li Xi, Vice President of CSSC Huangpu Wenchong Shipbuilding Company Ltd. Right: Norbert Kray, Senior Vice President and Regional Manager for Greater China at DNV GL – Maritime. Hamburg, 4 September 2018: A 2,750 TEU feeder container...
September 4th, 2018 | Classification Societies, Conferences, Seminars, Forums, Exhibitions, Shipbuilding and Shipyards | Read More

Classification register updated for the digital age –

Classification register updated for the digital age –
Nick Brown Lloyd’s Register (LR) announces the launch of prototype blockchain-enabled Class register  04 September 2018 – Announced today at SMM – the leading international maritime trade fair taking place 4-7 September in Hamburg, Germany – LR has created the first demonstrator that can...
September 4th, 2018 | Classification Societies, Conferences, Seminars, Forums, Exhibitions, IT and Communications, News, Technical, Technology | Read More

The BDI@1,557; The fall continues as WWIII is ante portas for all in a multiple of ways…

The BDI@1,557; The fall continues as WWIII is ante portas for all in a multiple of ways…
John Faraclas The BDI (Baltic Dry Index) lost 22 points earlier on today amid a continued deterioration of the Geopolitical balance. John Faraclas’ brief daily recap: The Capes’ BCI  was down 60 points at 2,672… The Panamaxes’ BPI  lost 31 points and now reads 1,540. The Supras’ and...
September 3rd, 2018 | Breaking News, European Union, Fashion, Immigration, Military, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Class goes digital

Class goes digital
Lloyd’s Register (LR), the world’s first classification society, pioneers the transformation of the class regime for the digital age with announcement of the first ever digital assurance framework: ‘Digital Compliance’ 15 August 2018 – LR announced today it has developed the first ever data-driven...
September 3rd, 2018 | Classification Societies, IT and Communications, News, Technology | Read More

The building of Viking Line’s new passenger vessel starts today

The building of Viking Line’s new passenger vessel starts today
The Viking Line Newbuilding Today, on 3 September, the production of Viking Line’s new passenger cruise ship starts at the Xiamen Shipbuilding Industry Co., Ltd. (XSI) shipyard in China. The first steel plates are being cut in the traditional Steel Cutting ceremony. The new vessel will be one of the...
September 3rd, 2018 | Cruise Ferry, Cruise Industry, Marine Equipment Products and Services, Shipbuilding and Shipyards, Technology | Read More

Inmarsat confirmed as fastest-growing maritime VSAT provider in 2018

Inmarsat confirmed as fastest-growing maritime VSAT provider in 2018
Ronald Spithout, President, Inmarsat Maritime. Installations of global Fleet Xpress service to break through the 5,000-ship barrier in the next few weeks. Independent Euroconsult research confirms 2018 growth leader. 3 September 2018: The digital transformation of the commercial shipping industry will...
September 3rd, 2018 | IT and Communications, Marine Equipment Products and Services, News, Technology | Read More

Evergreen Group Celebrates 50th Anniversary

Evergreen Group Celebrates 50th Anniversary
Evergreen Group’s senior executives celebrated the Group’s 50th anniversary with birthday cakes, looking forward to providing customers and the general public with better service across sea, land and the sky. “Full Steam Ahead” into the future Taipei, Taiwan (01 September, 2018) – Evergreen...
September 2nd, 2018 | Anniversaries, Company Profiles, Liner Shipping and Trade, News, People and Places, Story of the Day | Read More

HFW Briefing – Iran Sanctions: Steering a course through difficult waters

HFW Briefing – Iran Sanctions: Steering a course through difficult waters
Daniel Martin, partner HFW Iran Sanctions: Steering a course through difficult waters President Trump’s announcement on 8 May 2018 that the US would withdraw from the Joint Comprehensive Plan of Action set the EU and US on divergent paths with respect to Iran. At the same time as the US indicated...
August 31st, 2018 | Legal, News, Sanctions | Read More

ABS: New Director for GSSC

ABS: New Director for GSSC
When the ABS Operating Model launched last spring, Dr. Elias Kariambas was recruited from his duties with the Global Ship Systems Center (GSSC) to join the newly formed Business Development team.  Elias was a successful first director, having supported the GSSC from its inception in June 2017 through...
August 31st, 2018 | Classification Societies, Company Profiles, Maritime Education and Training, News, Person Profiles, Technical, Technology | Read More

Falling BDI@1,614 sends alarming bells…

Falling BDI@1,614 sends alarming bells…
John Faraclas The BDI (Baltic Dry Index) lost 47 points earlier on today and now reads 1,614 – about to go under the 1,600 points mark. Geopolitics continue to be perplexed. John Faraclas’ brief recap: The Capes’ BCI lost 168 points and now reads 2,826… what a triple-digit loss that was… The...
August 30th, 2018 | Chartering, Dry Bulkcarriers, Health and Safety, Maritime Fraud, Markets, News, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Davit reliability critical as polar vessel ordering surge continues

Davit reliability critical as polar vessel ordering surge continues
Davits that launch and recover crew boats, tenders and other craft must be fully operable at extreme temperatures, where the severity of icing may not be immediately apparent With onshore infrastructure to support polar operations falling behind a substantial influx of ships, manufacturers need to take...
August 30th, 2018 | Health and Safety, Marine Equipment Products and Services, News, Safety and Security, Technical, Technology | Read More

SCF Far East Tall Ships Regatta 2018 officially launched

SCF Far East Tall Ships Regatta 2018 officially launched
SCF Far East Tall Ships Regatta 2018 vessels On 28 August 2018, the SCF Far East Tall Ships Regatta 2018 was officially launched. This marks the first time that Russia’s Far East will host an international tall ship race. The principal competition begins on 1 September with the race from Yeosu (South...
August 30th, 2018 | Charity, Clubs, Communication, Events, Sailing, Shipmanagement, Sports, Yachting | Read More

Sails installed on Maersk Tanker Ships

Sails installed on Maersk Tanker Ships
Two 30×5 metres Norsepower Rotor Sail successfully installed onboard the Maersk Pelican. TESTING BEGINS ON FIRST PRODUCT TANKER VESSEL UTILISING WIND PROPULSION TECHNOLOGY Two 30-metre tall Rotor Sails have been installed onboard the product tanker vessel Maersk Pelican targeting a reduction...
August 30th, 2018 | Alternative Sources of Energy, Energy, News, Tankers, Technical, Technology | Read More

More infrastructure support required to facilitate insurance for Arctic sailings, urges IUMI

More infrastructure support required to facilitate insurance for Arctic sailings, urges IUMI
Helle Hammer, IUMI Policy Forum Chair The change in ice conditions is opening the high Arctic as a trade route, fishing ground and potential tourism destination; but more infrastructure support is required to facilitate the provision of adequate insurance, says IUMI in a position paper released today. Helle...
August 29th, 2018 | Arctic Shipping, Fisheries, Insurance and Reinsurance, Marine Insurance, Oceanology | Read More

The BDI@1,684… Geopolitics too bad to follow…

The BDI@1,684… Geopolitics too bad to follow…
John Faraclas The BDI (Baltic Dry Index) lost 13 points and let’s see how many can ride the triple storm: The Markets, the Geopolitics and the entry in the second year of World War Three… John Faraclas’ post Bank Holiday recap: We are approaching the end of the summer and still the Dry and...
August 28th, 2018 | Dry Bulkcarriers, Insight, Markets, Reports, Shipping Indices, Stock Markets, Tankers | Read More

FUGRO acquires data in frontier region seep hunting programme offshore Eastern Canada

FUGRO acquires data in frontier region seep hunting programme offshore Eastern Canada
High-resolution bathymetric map of the Carson Basin, a frontier region offshore Newfoundland. Fugro acquired the data which will help E&P companies to evaluate lease options for Newfoundland and Labrador’s 2019 licensing round. Fugro has successfully completed the geophysical acquisition portion...
August 28th, 2018 | Energy, Oceanology, Oil Industry, Underwater Shipping | Read More