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The John D. Criticos Annual Prize

 The Criticos- Fotinelli Charitable Foundation, in collaboration with the London Hellenic Society, organized at the Great Hall of London’s Hellenic Centre the 2010 prize award last Thursday. This year the international prize was awarded to author Zachary Mason for his novel “The lost books of the...
November 15th, 2011 | Maritime History and Museums | Read More

DVB Group: Sound operating performance during the first nine months of 2011 – strong increase in net interest income

DVB Group: Sound operating performance during the first nine months of 2011 – strong increase in net interest income
DVB continued to enjoy success in its core international transport finance business during the third quarter of 2011, leading to a solid 21.2% increase in net interest income after allowance for credit losses, to €162.1 million. At €106.4 million, consolidated net income before taxes decreased by...
November 15th, 2011 | News | Read More

Jörg Arndt leaving HSH Nordbank on the best of terms

Jörg Arndt leaving HSH Nordbank on the best of terms
After 29 years of service to the Bank, Jörg Arndt, Head of the Group Treasury Business Unit, has asked the Management Board to release him from his contract so that he can apply himself to new professional work. The Management Board has granted his request and Mr. Arndt will leave the Bank tomorrow  15...
November 14th, 2011 | News, People and Places, Ship Finance | Read More

First car carriers with all-electric cargo handling equipment enter service

 MOL’s new generation of ‘eco-friendly’ efficient PCTCs are entering service; they feature MacGregor RoRo access outfits from Cargotec and are the world’s first car carriers to have all of their RoRo equipment electrically-driven Cargotec’s growing electric-drive RoRo reference portfolio now...
November 14th, 2011 | Marine Equipment Products and Services | Read More

UN Climate Change Negotiations – Shipping Industry Briefs Governments

The International Chamber of Shipping (ICS) – which represents all sectors and trades of the global shipping industry and more than 80% of the world merchant fleet – has produced a briefing document for government climate change negotiators, in advance of the next United Nations Climate Change Conference...
November 14th, 2011 | Environment, Organisations, Regulatory | Read More

Study shows significant reductions in CO2 emissions from ships from IMO measures

An IMO-commissioned study into the impact of mandatory energy efficiency measures for international shipping shows that implementation of the measures will lead to significant reductions of greenhouse gas (GHG) emissions from ships, specifically reductions of carbon dioxide (CO2), resulting from enhanced...
November 14th, 2011 | Environment, IMO | Read More

IUA Study Reviews Impact of Periodical Payments Orders

The future of use Periodical Payments Orders (PPOs) remains uncertain, a new study by the International Underwriting Association has revealed. The number of PPOs awarded has seen a marked increase since 2008, though there appears to have been a levelling out in 2011. This could, however, be due to an...
November 14th, 2011 | Marine Insurance, Organisations | Read More

Lloyd’s Register and Chandris (Hellas) Inc. join forces in the first holistic Fleet Ship Energy Management Programme

Lloyd’s Register and Chandris (Hellas) Inc. join forces in the first holistic Fleet Ship Energy Management Programme
Well established ship manager Chandris (Hellas) has chosen Lloyd’s Register to provide a wide range of ship energy efficiency services. Chandris’ aim is to enhance its in-house capacity to identify appropriate key performance indicators and application of suitable energy efficiency measures. The...
November 14th, 2011 | IT and Communications, News, Shipmanagement | Read More

New CFO for the Rickmers Group

New CFO for the Rickmers Group
Dr. Ignace Van Meenen (pictured on the left) has taken up the position of Chief Financial Officer (CFO) of the Rickmers Group effective 1 October 2011. In this function, Dr Van Meenen will press ahead with the realignment of the group of companies to enable it to respond faster and more flexibly to the...
November 14th, 2011 | News, People and Places | Read More

Lloyd’s Register offers new online courses to support compliance with marine coatings standards and enhance maritime safety

  Programme will develop appropriate, qualified, expertise in a cost effective and convenient manner. Good marine coatings are vital for the maintenance of safe and efficient hull structures and surfaces. The International Maritime Organisation (IMO) and the International Association of Classification...
November 14th, 2011 | Classification Societies, IMO, Maritime Education and Training, Regulatory, Safety and Security | Read More

World’s first certificate of fitness for safe CO2 storage

Calgary: DNV awards the world’s first certificate of fitness for safe CO2 storage to Shell’s Quest Carbon Capture and Storage project DNV has issued the world’s first certificate of fitness for a carbon dioxide (CO2) storage development plan to Shell’s Quest Carbon Capture and Storage (CCS) project....
November 14th, 2011 | Classification Societies, Environment | Read More

Piracy centres expand information network

The piracy information-sharing infrastructure covering Asia and the Indian Ocean has been significantly enhanced with the signing on the 11 November 2011 of an important agreement in Singapore. The agreement, signed by the three Information Sharing Centres (ISCs) set up under the IMO-led Djibouti Code...
November 14th, 2011 | IMO, Piracy and Terrorism | Read More

New Evidence That Climate Change Threatens Marine Biodiversity

 A new study uses unconventional but more accurate measures of the effect of climate change on the health of marine ecosystems and uncovers more reasons to be concerned Even though the world’s oceans and seas aren’t warming up as fast as landmass, there is still cause for concern for marine...
November 12th, 2011 | Environment, Oceanology | Read More

Emissions roadmap for the shipping industry

Think-tank Forum for the Future recently published its “Vision for 2040”, a new roadmap designed to reduce the shipping industry’s carbon intensity through to 2040. Key points of the document, part of its Sustainable Shipping Initiative (SSI), will be the development of energy-efficient vessels,...
November 12th, 2011 | Environment | Read More

Regs4ships announces partnership to redevelop web services

 Regs4ships is calling time on their web services in a bid to revolutionise the way that customers use their products and services. With its new creative partners, a global IT and business solutions provider, aap3 Regs4ships is investing substantial cash in redeveloping and future proofing their place...
November 12th, 2011 | IT and Communications, Marine Equipment Products and Services | Read More

Hamworthy wins world’s first newbuild FSRU regas orders

Hamworthy wins world’s first newbuild FSRU regas orders
Hamworthy has secured a contract for the supply of regasification technology on board what are understood to be the world’s first newbuild Floating Storage and Regasification Units (FSRUs). Two 170, 000m3 storage capacity vessels, owned by Hoegh LNG, are being built at the world’s largest shipbuilder,...
November 12th, 2011 | Marine Equipment Products and Services, News | Read More

MOL Installs Marine Broadband Internet System on 5 LNG Carriers

Enhancing Safe Operation by Always-on Connection- TOKYO, 11 November 2011 —Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that its subsidiary MOL LNG Transport Co., Ltd. (MOLLNG; President: Reizo Funakoshi) completed installing a high-speed, monthly fixed-charge (flat rate)...
November 11th, 2011 | IT and Communications | Read More

IMB Piracy Report (7 november 2011)

30.10.2011: Posn: 03:26.5N – 006:42.3E, OPL Bonny, Nigeria Armed pirates boarded a drifting product tanker awaiting discharging instructions. They took 25 crew members hostage and hijacked the tanker to a position off Lagos/Benin. Here, the pirates transfered the vessel’s cargo into a barge....
November 11th, 2011 | Piracy and Terrorism | Read More

OpCost 2011 seminar

OpCost 2011 seminar
Ship operating costs seminar: Current and future trends – OpCost 2011, the Moore Stephens Shipping Group’s unique benchmarking report shows operating costs on the increase, reversing the trend of the previous year when they had fallen for the first time in eight years. Oversupply of vessels,...
November 11th, 2011 | Conferences, Seminars, Forums | Read More

ClassNK Earns Authorization From Norwegian Flag

 Top class society granted RO status at Tokyo ceremony Tokyo – The Government of Norway officially recognized ClassNK as its newest Recognized Organization (RO) at a special signing ceremony held at the Royal Norwegian Embassy in Tokyo on 8 November 2011. Deputy Minister Rikke Lind of Norway’s Ministry...
November 11th, 2011 | Classification Societies | Read More

Tolani Shipping selects MARIS VDS for fuel-saving initiative

Tolani Shipping’s Singapore arm, Tolani Shipping (S) Pte Ltd, has opted to use the Voyage Decision Support system developed by Maritime Information Systems AS, Norway (MARIS) as part of its major initiative to adapt green technology to its fleet of owned and operated vessels. Tolani Shipping owns a...
November 11th, 2011 | IT and Communications | Read More

James ‘Ding’ Schoonmaker Awarded ISAF Beppe Croce Trophy

James ‘Ding’ Schoonmaker Awarded ISAF Beppe Croce Trophy
James ‘Ding’ Schoonmaker (USA) today received the 2011 ISAF Beppe Croce Trophy – which honours an individual for their outstanding contribution to the sport of sailing. ISAF President Göran Petersson presented the trophy, which was first awarded in 1988 in memory of Beppe Croce, the ISAF President...
November 10th, 2011 | News, Yachting | Read More

Containership size linked to bunker price

Containership size linked to bunker price
Container ship operators are ordering ever larger vessels even in the face of a weak freight and time charter environment during 2011, says Braemar Seascope. This may appear to be counter-intuitive. In fact, it reinforces a trend that is at least five years old. Containership operators cannot control...
November 10th, 2011 | News | Read More

IMO body authorizes EMSA to operate LRIT data exchange

IMO body authorizes EMSA to operate LRIT data exchange
Operation of the International Data Exchange (IDE) for the Long Range Identification and Tracking of Ships (LRIT) has been successfully transferred to the European Maritime Safety Agency (EMSA) in Lisbon, Portugal. At the 10th session of the Ad Hoc LRIT Group established by IMO (31 October to 3 November...
November 10th, 2011 | IMO, News | Read More

GAC’s green initiatives beat savings targets in Nigeria

GAC’s green initiatives beat savings targets in Nigeria
Measures introduced by GAC Nigeria to cut its generator use, fuel bills and carbon footprint have met their target two months ahead of schedule. As part of the GAC Group’s commitment to reducing the impact of operations on the environment, GAC Nigeria had installed a transformer to connect its...
November 10th, 2011 | News, Ship Agencies | Read More