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BIMCO at CMA 2012 – Time to Safe Yourself

BIMCO at CMA 2012 – Time to Safe Yourself
Yudhishthir Khatau BIMCO was again this year well represented at CMA. BIMCO President Yudhishthir Khatau spoke in the opening session and Secretary General Torben Skaanild spoke in a key session on the use of Energy Efficiency Design Index (EEDI). Too many ships and too many yards – Time to Save YourSelf BIMCO...
March 22nd, 2012 | BIMCO, Conferences, Seminars, Forums | Read More

Mitsui& Co., Ltd., Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation toParticipate in Ultra-Deepwater FSPO Chartering Project for Cernambi Sul Area ofBrazilian Offshore Pre-Salt Oil Field

MODEC, Inc. (“MODEC, ” head office: Chiyoda-ku, Tokyo;president: Toshiro Miyazaki), Mitsui & Co., Ltd. (“Mitsui, ” head office:Chiyoda-ku, Tokyo; president: Masami Iijima), Mitsui O.S.K. Lines, Ltd.(“MOL, ”  head office: Minato-ku,   Tokyo; president: Koichi Muto) andMarubeni Corporation...
March 22nd, 2012 | Chartering, Trade and Commerce | Read More

297, 000-dwt Iron Ore Carrier Ore Sao Luis Completed – Will Sail under Long-term Contract with Vale of Brasil –

297, 000-dwt Iron Ore Carrier Ore Sao Luis Completed – Will Sail under Long-term Contract with Vale of Brasil –
1st from left: Universal Shipbuilding Director and Senior Managing Officer Kuniteru Ishikawa, 3rd from left: MOL Managing Executive Officer Kenichi Nagata 4th from left:Vale International General Manager, Shipping Pietro Allevato 297, 000-dwt Iron Ore Carrier Ore Sao Luis Completed – Will Sail...
March 22nd, 2012 | Events, Shipbuilding and Shipyards, Trade and Commerce | Read More

ClassNK Announces Boardroom Reorganization

Tokyo -Japanese ship classification society NIPPON KAIJI KYOKAI (ClassNK) has announced the following changes in its Executive Board of Directors effective 22 March 2012. Executive Vice President Hiroshige Kitada has retired and two executive officers, Tetsushi Agata and Tetsuya Kinoshita, General Managers...
March 22nd, 2012 | Classification Societies | Read More

The new Wärtsilä X35 low-speed engine successfully passes Factory Acceptance Test

The new Wärtsilä X35 low-speed engine successfully passes Factory Acceptance Test
In successfully passing its Factory Acceptance Test in Europe and China, the Wärtsilä X35 engine is now available for market introduction at a time when the marine sector has a clear need for electronically controlled, low speed, high efficiency two-stroke engines. Wärtsilä launched its new low speed...
March 22nd, 2012 | Marine Equipment Products and Services, News, Shipbuilding and Shipyards | Read More

HOT Port news from GAC

Your daily news service from ports around the world. In this HOT PORT NEWS, read about: Kuwait, all ports – Kuwaiti Customs staff call off strike India, all ports – Increase in Government Service Tax Hong Kong, Hong Kong – Marine site investigation off Tuen Mun & Tai Mo To DATE:...
March 21st, 2012 | Ports & Terminals | Read More

UK P&I Club restructures to increase efficiency under Solvency 2

UK P&I Club restructures to increase efficiency under Solvency 2
Hugo Wynn-Williams The UK P&I Club has announced that it is reorganising its structure to establish UK Europe as the sole provider of direct insurance to UK Club members. By reducing the number of separately regulated insurers from two to one, the UK Club aims to streamline governance, reduce compliance...
March 21st, 2012 | News, P and I Clubs | Read More

The Admiralty Claimant after The Indian Grace No2 Ruling

The decision of the House of Lords in The Indian Grace No2 in 1998 has brought some changes which may have drastically affected some features of the action in rem, if the decision is given a wide interpretation. It was held that the action in rem is against the owners of the ship from the moment of the...
March 21st, 2012 | Featured, Legal, News | Read More

MOL Upgrades Seafarer Education in the Philippines

-Graduation ceremony held for 1st batch in new ‘3rd Year’ Program- Tokyo—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced the graduation of 84 students in the first batch of its “Third Year Program” at Magsaysay Institute of Shipping (MIS*1), MOL’s training center in...
March 21st, 2012 | HR, Maritime Education and Training | Read More

United States Coastguard chooses Videotel on demand

United States Coastguard chooses Videotel on demand
Nigel Cleave, CEO of Videotel, presenting a commemorative plaque to Rear Admiral Linda Fagan at CMA Shipping 2012, Connecticut on March 20th 2012 CMA Shipping has a tradition of bringing the international shipping community together, and so Videotel Marine International is delighted to use Shipping 2012...
March 21st, 2012 | Events, Maritime Education and Training | Read More

Greencarrier Freight Services reaches new markets with the acquisition of Transpoint International in Poland

Greencarrier Freight Services reaches new markets with the acquisition of Transpoint International in Poland
Greencarrier Freight Services has acquired a majority shareholding in the leading logistics service provider in Poland, Transpoint International. The shares have been purchased from the Managing Director of Transpoint in Poland, Mr Arkadiusz Prejna, who will retain the remaining shares. With this acquisition...
March 21st, 2012 | Logistics, News | Read More

Perfect beaching.- <-- (full stop and period!)

Perfect beaching.-
The panel - on a l to r basis: Dr. Nikos Mikelis, Katy Ware, Paul Gunton, Jim Davis and Ingvild Jenssen John Faraclas reports from WISTA-UK’s  4th Annual debate to commemorate the International Women’s Day 2012 As I have been heavily involved since 1980 with the creation1  of the perfect Scrap...
March 20th, 2012 | Events, Politics and Government, Ship Demolitions, WISTA - Women in Shipping | Read More

HOT Port news from GAC

Your daily news service from ports around the world. In this HOT PORT NEWS, read about: United States, New York, NewYork – Reduction of Brooklyn Bridge vertical & horizontal clearance United States, New Orleans, Louisiana – Recommended maximum draft increased Australia, all ports...
March 20th, 2012 | Ports & Terminals | Read More

Intermanager President: “Not paying ransoms would be massively detrimental to the industry” –

Intermanager President: “Not paying ransoms would be massively detrimental to the industry” –
Alastair Evitt speaking at CMA Any move at government level to ban the payment of ransoms to pirates would have a massively detrimental effect on the risk to the world’s seafarers and the global economy, according to Alastair Evitt, Managing Director of Meridian Marine Management, President of...
March 20th, 2012 | Conferences, Seminars, Forums, Intermanager, Piracy and Terrorism | Read More

Asia-Europe trade takes new boxship capacity

Asia-Europe trade takes new boxship capacity
Delivery Deployment graph Marh 2012 Asia-Europe trade has soaked up the majority of new boxship capacity over the past two years, according to leading international shipbroker Braemar Seascope, which reports that 56% of new boxship capacity delivered was deployed on Asia – Europe and Asia –...
March 20th, 2012 | Markets, Ocean Shipping | Read More

ISSA encourages Ship Suppliers to go green

ISSA encourages Ship Suppliers to go green
Jens Olsen, ISSA's President Ship suppliers are being encouraged to ensure “green” measures are central to their core business practices. The International Shipsuppliers & Services Association (ISSA) is encouraging its members to implement green policies and achieve internationally-recognised...
March 20th, 2012 | Associations, Environment, Marine Equipment Products and Services, News, Stores and Provisions | Read More

Greece lighting – Opportunities amongst Financial Meltdown

Miranda Karali News stories on Greece over the past two years have been consistently full of doom and gloom. The figures certainly make for depressing reading. Never in recent times has a developed economy shrunk as quickly as Greece’s – 16 per cent in the last four years. And a further 6 per cent...
March 20th, 2012 | Legal, Politics and Government | Read More

Ship Recycling – will the burden be shared equitably?

Ship Recycling – will the burden be shared equitably?
Dr. Nikos Mikelis Dr. Nikos Mikelis Head, Marine Pollution Prevention and Ship Recycling Section International Maritime Organization, delivered this excellent paper at the Tradewinds Ship recycling forum at the Four Seasons Hotel which took place in Singapore on 12 and 13th of March. SHIPPING AS AN...
March 20th, 2012 | Conferences, Seminars, Forums, Ship Demolitions | Read More

Intermanager President to chair Save our Seafarers

Intermanager President to chair Save our Seafarers
Alastair Evitt Alastair Evitt*, President of InterManager and Managing Director of Meridian Marine Management Ltd, has been appointed chairman of the Save Our Seafarers campaign. Mr Evitt, who was previously SOS vice chairman, succeeds Giles Heimann who is stepping down to concentrate on his role...
March 20th, 2012 | Events, HR, Intermanager, Piracy and Terrorism | Read More

Is piracy an off-hire event?

Is piracy an off-hire event?
Andrew Preston Osmium Shipping Corporation v Cargill International SA (The Captain Stefanos) Following last year’s reported case of the Saldanha, which finally gave the industry judicial authority on the question of whether a hijacking by pirates constituted an off-hire event under the wording of clause...
March 20th, 2012 | Chartering, Comment, Legal, Piracy and Terrorism | Read More

Category: Navigation Vessel type: Passenger vessel Issue date: 16/03/2012 Case number: 26912

  Caution is required in reduced visibility The incident In this case a double decker passenger ferry was making its way in port at a speed of about 4 knots. Weather conditions were poor and visibility was restricted by thick fog to less than 100 feet. In his statement the master commented that the...
March 20th, 2012 | Environment, P and I Clubs | Read More

VesselsValue.com adds eBroker to its online valuation service.

The online ship valuation service which covers tankers, bulkers and containers has now released ‘eBroker’. eBroker is the most significant upgrade since containerships were added last November. Built over the past four months, eBroker allows instant confidential access to the world fleet and the...
March 20th, 2012 | Sales and Purchases | Read More

Teekay Corporation Goes Live on Veson Nautical’s Veslink

BOSTON, MA and VANCOUVER, CANADA–March 19, 2012* – Veson Nautical, the premier provider of maritime – commercial management and trading software solutions, today announced thatTeekay Corporation (NYSE:TK), a world leader in energy shipping, has gone liveon Veslink, Veson’s highly-configurable...
March 20th, 2012 | IT and Communications | Read More

HOT Port news from GAC

Your daily news service from ports around the world. In this HOT PORT NEWS, read about: Russia, Primorsk – Ice class requirements Kuwait, all ports – Strikes update Australia, Port Hedland – Tropical Cyclone Lua update (19 March 2012) Turkey, all ports – Clearance of ship...
March 19th, 2012 | Ports & Terminals | Read More

Shipping needs global legislation not unilateral measures

Spyros Polemis Balancing environmental aspirations with economic realities, but also with political realities is not easy, ICS Chairman Spyros M Polemis told delegates at the influential CMA Conference in Connecticut earlier on.  In a speech entitled “Balancing Environmental Aspirations With Economic...
March 19th, 2012 | Environment, International Chamber of Shipping, International Shipping Federation, Regulatory | Read More