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HSH Nordbank finances real estate portfolio for Deutsche Wohnen AG

HAMBURG/KIEL HSH Nordbank is financing a real estate portfolio covering several German regions for Deutsche Wohnen AG. The size of the finance deal is a good € 161 million. The portfolio includes around 5, 100 residential units on more than 311, 000 square metres. Accounting for a good 40 percent...
January 16th, 2013 | Finance | Read More

Navis Engineering delivers DP system for “Viking Grace”

  Wheel House Wing Console Finland-headquartered DP manufacturer Navis Engineering has delivered its dynamic positioning system for the innovative cruise ferry Viking Grace. The 214-m long Viking Grace, delivered to her owner Viking Lines by the Turku-located STX Europe shipyard on January 10, 2013,...
January 16th, 2013 | Marine Equipment Products and Services | Read More

NORTH P&I Club reminds Shipowners to keep the Seas Clean in 2013

The ‘A’ rated 170 million GT North P&I club has reminded its members that 2013 is the first full year of operation of new international garbage-disposal rules that greatly limit the dumping of garbage at sea. The reminder comes in the latest issue of the club’s loss prevention newsletter Signals,...
January 16th, 2013 | Environment, P and I Clubs | Read More

Greek supremacy on the international front despite the market’s dire straits; difficult circumstances and foolishness on local issues…

John N. Faraclas John Faraclas’ quickie live interview to Panos Thomakos on SBC TV last Friday the 11th of January 2013, focused on the following issues: 1. The 54 plus points of the BDI – from 706 to 760, on an extremely low market with incalculable repercussions. The capers had the same minus/plus...
January 16th, 2013 | Markets, Politics and Government, Ports & Terminals | Read More

Insurance brokers embrace UK Club underwriting app

  Hugo Wynn-Williams The UK Club has launched its “iPANDI” iPad based app to provide up to date underwriting information for members and their insurance brokers, even when on the move.The iPANDI app downloads underwriting data via the Club’s IT systems and presents it conveniently in both...
January 16th, 2013 | Insurance and Reinsurance, Marine Equipment Products and Services, Marine Insurance, P and I Clubs | Read More

RINA Group supports new UAE class society International classification society

from the signing ceremony on an l to r basis, Rashed Albesi and Andrea di Bella RINA Group has been chosen as the International Association of Classification Societies (IACS) partner to support the development of Tasneef, a new classification society for the United Arab Emirates. Emirates Classification...
January 16th, 2013 | Classification Societies, Politics and Government | Read More

Plotting a fuel – efficiency future

Annita Patargia Three postgraduate students on a five-year scholarship course funded by Lloyd’s Register Educational Trust (LRET)* at the National Technical University of Athens’s School of Naval Architecture and Marine Engineering discuss energy efficiency, CFD and the world’s most hydrodynamic...
January 16th, 2013 | Academia, Charity, Classification Societies, Energy, Environment, Maritime Education and Training | Read More

Wine-rich Moldova toasts new era for trade and tourism, as EBRD backs river port upgrade

Wine-rich Moldova toasts new era for trade and tourism, as EBRD backs river port upgrade
River Dniester Wine-rich Moldova toasts new era for trade and tourism, as EBRD backs river port upgrade By James Brewer New developments in transport and tourism look set to bear fruit for the small east European nation of Moldova, whose geographical shape on the map has happily – for a land proud...
January 15th, 2013 | Finance, Food and Drink, Holidays, Tourism | Read More

DIANA Shipping Inc., announces time charter contract for m/v Nirefs with Intermare and m/v Myrto with Cargill

ATHENS, GREECE, January 15, 2013 – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it has entered into a time charter contract with Intermare Transport GmbH, Hamburg, through a separate wholly-owned subsidiary,...
January 15th, 2013 | Chartering | Read More

HSH Nordbank welcomes suggestion by the federal states for the Supervisory Board Chair

 HAMBURG/KIEL –HSH Nordbank welcomes the proposal made by the majority share-holders, Hamburg and Schleswig-Holstein, to appoint the former Hamburg Senator for Economic Affairs, State Secretary in the German Finance Ministry and President of the European Bank for Reconstruction and Development,...
January 15th, 2013 | Banking | Read More

Rickmers Shipmanagement achieves accredited GL ISO 50001 Certification for vessels and offices

Hamburg/Germany, 14 January 2013 – Rickmers becomes the first German company operating in the maritime industry and one of only a handful of shipping companies in the world to achieve certification to the ISO 50001 Energy Management System standard. Rickmers Shipmanagement received the accredited ISO...
January 15th, 2013 | Banking | Read More

Port Equipment Manufacturers Association publishes study on the use and impact of OCR technologies in ports and terminals

January 15, 2013 – In the latest in a series of information papers from the Port Equipment Manufacturers Association (PEMA), the Association has published a major new report on the adoption and impact of optical character recognition (OCR) technology in container ports and terminals around the world. “The...
January 15th, 2013 | Associations, Marine Equipment Products and Services | Read More

HSH Nordbank makes freight cost risks in container shipping manageable

  Container forward freight agreements offer protection against the heavy volatility of freight rates in ocean transport Container importers, logistics companies and liner shipping com-panies benefit in equal measure Already high level of acceptance and sharp rise in demand Focus on Hamburg...
January 15th, 2013 | Banking, Chartering | Read More

Tackling management issues in shipping: a new series of short course program for the Danish Maritime Cluster

Tackling management issues in shipping: a new series of short course program for the Danish Maritime Cluster
Irene Rosberg Tackling management issues in shipping: a new series of short course program for the Danish Maritime Cluster* By Irene Rosberg**, Program Director, Executive MBA in Shipping and Logistics (The Blue MBA), Copenhagen Business School Resumé of the article: Short Development Courses Department...
January 15th, 2013 | Maritime Education and Training, News | Read More

HOT Port News from GAC

Your daily* news service from ports around the world. In this HOT PORT NEWS, read about: * Australia, Dampier – Port ops resumed after cyclone passes * Bunker Update – MARKET PRICE UPDATE 14/01/13 DATE: January 14, 2013 COUNTRY: Australia – PORT: Dampier – Port ops resumed after...
January 15th, 2013 | Bunkering, Ports & Terminals | Read More

Lloyd’s Register enhances tradition and business

Lloyd’s Register enhances tradition and business
Lloyd’s Register enhances tradition and business Nearly 200 guests, the majority being members of London’s Greek shipping community, gathered last Thursday to celebrate the New Year and to cut the traditional Vassilopitta. A full house at Lloyd’s Register HQ’s building in the City listen to...
January 13th, 2013 | Classification Societies, Events, Markets | Read More

World first as LNG-powered Viking Grace is delivered

World first as LNG-powered Viking Grace is delivered
The Viking Grace The world’s most environmentally friendly large passenger ship, Viking Grace, was delivered at STX Finland’s Turku shipyard yesterday. The world’s most environmentally friendly large passenger ship, Viking Grace, was delivered at STX Finland’s Turku shipyard yesterday. Apart...
January 13th, 2013 | Cruise Industry, LNG, Shipbuilding and Shipyards | Read More

Lloyd’s Claims Transformation to deliver further benefits in 2013

Lloyd’s Claims Transformation to deliver further benefits in 2013
  Lloyd’s of London Following significant progress in 2012, Lloyd’s Claims Transformation Programme aims to deliver further improvements to the market’s claims processes in 2013, including a claims-reporting tool and a portal for brokers. Claims Reporting Suite Lloyd’s is in the process...
January 13th, 2013 | Insurance and Reinsurance, What Others Say | Read More

HOT Port News from GAC

Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * Worldwide – World Holidays: 13-26 January 2013 * Australia, Dampier – Port re-opened DATE: January 12, 2013 COUNTRY: Worldwide World Holidays: 13-26 January 2013 Public holidays around the world in the...
January 13th, 2013 | Holidays, Ports & Terminals | Read More

Recommenda​tions for Crews on Fishing Vessels CRM:022560​0

Category: Safety Date: 11/01/2013 Recommendations for Crews on Fishing Vessels We would like to make our Members aware of the notice issued by the National Institute for Occupational Safety and Health (NIOSH) http://www.cdc.gov/niosh concerning fishing vessel operations and the recommendations for ensuring...
January 11th, 2013 | Holidays, Safety and Security | Read More

SPILLEX Exhibition to be held alongside Oceanology International 2014

Rapidly developing commercial operations in the world’s oceans highlight the need to be able to operate with the least possible environmental impact; with new strategies and new technologies being developed to meet the challenges of harsher environments – such as ever-deeper water, and the Arctic. The...
January 11th, 2013 | Environment, Oil Spill, Pollution | Read More

Senior STX Panocean Vice President appointed to the Board of the Container Owners Association

The Container Owners Association – the international organisation representing container shipping lines and container leasing companies worldwide – has appointed Mr O I Kwon, Senior Vice President – Container Business Management Division, STX Panocean Co Ltd, to its Board of Directors. Mr Kwon...
January 11th, 2013 | Associations | Read More

ClassNK Receives Expanded Authorization from U.S. Coast Guard; Announces Further U.S. Expansion

ClassNK Receives Expanded Authorization from U.S. Coast Guard; Announces Further U.S. Expansion
Washington D.C – The world’s largest classification society ClassNK announced that it was granted expanded authorization from the United States Coast Guard (USCG) on 25 December 2012, and will now be able to carry out a full range of surveys for the SOLAS, MARPOL and AFS conventions, as well as ISM...
January 11th, 2013 | Classification Societies, News, Regulatory, 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: * United Kingdom, Immingham – Gas jetty shutdown * Australia, Dampier – Tropical Cyclone Narelle update: 11 January 2013 DATE: January 11, 2013 – COUNTRY: United Kingdom – PORT: Immingham –...
January 11th, 2013 | Ports & Terminals, Weather | Read More

Groundbreaking Wärtsilä powered FPSO successfully completes full load tests

The FPSO vessel features three main power modules, each with two Wärtsilä 50DF engines The new P-63 Floating Production Storage and Offloading (FPSO) vessel featuring Wärtsilä 50DF dual-fuel engines, the first such ship to utilize gas engines to produce more than 100 MWe of power, has successfully...
January 11th, 2013 | Marine Equipment Products and Services | Read More