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The bigger the ship, the bigger the challenge for risk management

The bigger the ship, the bigger the challenge for risk management
The panel on a l to r basis, with Tim Howse, Steve Cameron, Chairman John Mc Phail, Andrew Webster and Peregrine Storrs-Fox The bigger the ship, the bigger the challenge for risk management In recent years, massive incidents involving large container ships have proved extremely difficult to manage and...
March 28th, 2013 | Bribery and Corruption, Conferences, Seminars, Forums, Legal, London Shipping Law Centre, Ports & Terminals, Safety and Security | Read More

Show me the money. Hidden cash bailouts.

Show me the money. Hidden cash bailouts.
Andreas Koutras Show me the money. Hidden cash bailouts, by Dr. Andreas Koutras The Euro debt crisis took another nasty turn in Cyprus. It is worrisome that Cyprus would be the first Eurozone country to impose capital controls, which is supposed to be against the fundamental tenets of the EU. Cyprus...
March 28th, 2013 | Banking, Breaking News, European Union, Finance, Markets, Politics and Government | Read More

Malaysian shipbuilding group chooses two more MacGregor offshore cranes

MacGregor has secured a further order for two 100-tonne AHC offshore MacGregor cranes from a shipbuilding group in Malaysia A leading Malaysian shipbuilding and chartering group has taken up its option for two more 100-tonne active heave-compensated (AHC) offshore cranes from MacGregor, part of Cargotec....
March 28th, 2013 | Marine Equipment Products and Services | Read More

ClassNK Approves First Application of Lean Duplex Stainless Steel NSSC®2120 to Tankers in Japan

Tokyo – Leading classification society ClassNK announced today that it has approved the first application of duplex stainless steel (NSSC®2120) on vessels in Japan. Tankers built by the Japanese shipyards Sasaki Shipbuilding Co., Ltd and Hakata Shipbuilding Co., Ltd were applied with the duplex stainless...
March 27th, 2013 | Classification Societies | Read More

BRAEMAR SA recruits for the future

John Walker In a move which reinforces its commitment to future growth, Braemar (Incorporating The Salvage Association), (Braemar SA), announces important new additions to its worldwide team of marine surveyors and consultants, as well as the opening of two new locations.  In the growing New York office,...
March 27th, 2013 | P and I Clubs | Read More

Korean Register elects a new Chairman & CEO

Today (27 March), in Seoul, at an extraordinary meeting of the general assembly, the Korean Register of Shipping (KR) elected Dr Chon Young-kee as its new Chairman & CEO.  The general assembly oversees the running of KR and comprises 86 voting members. Prior to election, Dr Chon served as executive...
March 27th, 2013 | Classification Societies | Read More

Sølvtrans expands the fleet and prepares for further growth with Zamakona Yards

Sølvtrans has signed a new contract with the Spanish shipyard Zamakona Yards for the construction of a new 3.200 m3 well-boat. Delivery is scheduled to early 2014. The vessel is a sister ship of Rojna Polaris, currently under construction at Zamakona Yards. Further, the company has entered an option...
March 27th, 2013 | Shipbuilding and Shipyards | Read More

Martek declares “ECDIS leasing option essential for shipowners and industry to benefit from early adoption”

In the depths of a longer-than-expected shipping market downturn and with many shipowners struggling with cash flow, Martek Marine, leading manufacturer of maritime safety equipment, believes that its comprehensive leasing package offers the best option for shipowners to adopt ECDIS early and benefit...
March 27th, 2013 | Marine Equipment Products and Services, Safety and Security | Read More

HOT Port News from GAC

Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * Australia, Newcastle – Harbour Channel depth increased DATE: March 27, 2013 COUNTRY: Australia PORT: Newcastle Harbour Channel depth increased The Port of Newcastle has today (27 March) advised that the Harbour...
March 27th, 2013 | Canals, Ports & Terminals | Read More

Lloyd’s weathers superstorm and reports profit of £2.8bn

Wed 27 Mar 2013 –  Lloyd’s has announced a profit of £2.77bn for 2012, marking a return to profit following last year’s loss of £516m, which was the costliest year on record for natural catastrophes. Speaking about the result, Lloyd’s CEO, Richard Ward said: “The Lloyd’s market has...
March 27th, 2013 | Insurance and Reinsurance | Read More

Massive illegal outflows of oil are hitting Nigeria as abject poverty wracks the masses – how far can shipping and oil companies address the crisis through corporate social responsibility, asks London meeting of Afrimari network

Massive illegal outflows of oil are hitting Nigeria as abject poverty wracks the masses – how far can shipping and oil companies address the  crisis through corporate social responsibility, asks London meeting of Afrimari network
Captain Eddie Agbakoba, Joseph Croft and Jonathan Bearman Massive illegal outflows of oil are hitting Nigeria as abject poverty wracks the masses – how far can shipping and oil companies address the  crisis through corporate social responsibility, asks London meeting of Afrimari network, By James...
March 27th, 2013 | Associations, Bribery and Corruption, Climate, Conferences, Seminars, Forums, Corporate Social Responsibility, Defense, Energy, Environment, Finance, Health and Safety, IMO, Inland Waterways, Jobs, Military, Oil Industry, Oil Platforms and Rigs, Oil Spill, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Safety and Security, Sanctions, Trade and Commerce, UN | Read More

Port news from Marseilles Fos

Marseilles Fos promotes rail advantage     Leading French cargo port Marseilles Fos and combined transport operator Naviland Cargo have hosted a meeting in Toulouse to update clients from the key Midi-Pyrenees region on progress since national port reforms, including major enhancements to containerised...
March 27th, 2013 | Ports & Terminals | Read More

SAMSA in talks to acquire tall ships

SAMSA in talks to acquire tall ships
From Russia With Love: Russians cultural dancers show off a display of their Eastern European Culture on board the Pallada which was hosted by SAMSA DURBAN, South Africa – South Africa’s maritime industry has entered an exciting phase with today’s announcement that the government was in the market...
March 27th, 2013 | Academia, Associations, Events, Maritime Education and Training, Politics and Government, Sales and Purchases | Read More

Europe must make or break; enough is enough!

Europe must make or break; enough is enough!
Europe must make or break; enough is enough!   John N. Faraclas The following are the main points – in brief – from the latest John Faraclas live interview to Panos Thomakos on SBC TV last Friday the 22nd  of March 2013:   1)Faraclas begun with the coming event of  Greece’s Independence...
March 27th, 2013 | Anniversaries, European Union, Flags, Markets, Military, News, Politics and Government, Ports & Terminals, Ship Conversions, Shipbuilding and Shipyards, Shipping Centers | Read More

BIBBY Ship Management-run ECDIS training seminar will boost shore manager’s awareness

BIBBY Ship Management-run ECDIS training seminar will boost shore manager’s awareness
While the ECDIS revolution will bring hopes of cost savings and less onboard work for seafarers, shore managers are already raising concerns about the need for the right sort of quality training to avoid ‘ECDIS assisted’ groundings and other accidents. This was behind Bibby’s decision to launch...
March 26th, 2013 | Maritime Education and Training | Read More

Chiarello to Keynote 2013 SHIPPINGInsight Fleet Optimization Conference

Anthony Chiarello NORFOLK, Va. – Mar. 26, 2013 – (Marine NewsWire) Anthony Chiarello, president and CEO of TOTE, Inc., will be the keynote speaker at the SHIPPINGInsight 2013 Fleet Optimization Conference, Oct. 22-24 in Stamford, Conn. “It is a privilege to have Mr. Chiarello at this year’s conference,...
March 26th, 2013 | LNG | Read More

HOT Port News from GAC

Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * United Kingdom, Immingham – Adverse weather * Togo, Lome – Stevedores’ strike ends * Singapore, all ports – Haze in Singapore Strait & port waters DATE: March 26, 2013 COUNTRY: United...
March 26th, 2013 | Ports & Terminals, Strikes, Weather | Read More

Undefeated Crews Face Off In 49erFX At ISAF Sailing World Cup Palma

Tuesday 26 March 2013 – ISAF Sailing World Cup Palma will see two undefeated 49erFX crews go head to head for the first time on 1 April as racing begins at the third stop on the 2012-2013 ISAF Sailing World Cup Series. Held across Club Nàutic S’Arenal and Club Marítimo San Antonio de la...
March 26th, 2013 | Sports, Yachting | Read More

Lloyd’s Register introduces guidance to assist with the safer management of asbestos in ships

Lloyd’s Register introduces guidance to assist with the safer management of asbestos in ships
Lloyd’s Register introduces guidance to assist with the safer management of asbestos in ships Asbestos remains a problem in shipping. Despite better management and reduced production of asbestos, there remains considerable room for improvement, primarily to reduce the number of deaths. It is still...
March 26th, 2013 | Books, Classification Societies, Health and Safety, News | Read More

Training Ship Spirit of MOL Retired

Training  Ship Spirit of MOL Retired
The “Spirit of MOL” Training  Ship Spirit of MOL Retired – Mission  Accomplished, Fully Transferred to New CADET Training Program – TOKYO—Mitsui  O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that the  training ship Spirit of MOL has  recently completed...
March 26th, 2013 | Maritime Education and Training, News | Read More

Seafarer Education and Training Programmes in Philippines Mark 20th Anniversary

MOL chairman Akimitsu Ashida at the podium Seafarer  Education and Training Programmes in Philippines Mark  20th Anniversary Ceremonies  for MIS 20th anniversary and for  graduation of the 2nd batch of 3rd year program  cadets  TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today ...
March 26th, 2013 | Maritime Education and Training | Read More

Robert Hiscox awarded Gold Medal to mark contribution to Lloyd’s

John Nelson with Robert Hiscox Tue 26 Mar 2013 – Robert Hiscox has been awarded the Gold Medal for Services to Lloyd’s at a special ceremony in the Lloyd’s building. Robert stepped down as Chairman of Hiscox this year after almost half a century of service in the insurance market. Not only...
March 26th, 2013 | Awards, Insurance and Reinsurance | Read More

Shipping confidence reaches highest level for two years

Shipping confidence reaches highest level for two years
Richard Greiner Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. There was improved expectation...
March 26th, 2013 | Markets, News, Special Surveys | Read More

NGOs Support EU Parliament Environment Committee Call for Ship Recycling Fund and Off-the-beach Stance

NGOs Support EU Parliament Environment Committee Call for Ship Recycling Fund and Off-the-beach Stance
Vote ship recycling ENVI Committee Brussels 26 March 2013 –  NGOs Support EU Parliament Environment Committee Call for Ship Recycling Fund and Off-the-beach Stance But denounce illegal removal of ships from Basel regime  Brussels, 26 March 2013 – Today NGOs have applauded a breakthrough vote...
March 26th, 2013 | Corporate Social Responsibility, Environment, Health and Safety, News, Ship Demolitions | Read More

ITIC warns on costs of US documentary disclosure

ITIC has warned that onerous documentary disclosure rules in the US courts can drastically increase the cost to shipping interests of defending even without-merit claims. In the latest issue of its Claims Review, ITIC cites a case involving the manager of a number of cruise ships which was sued by a...
March 26th, 2013 | P and I Clubs | Read More