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TBS Commercial and V.Ships form V.Ships Lasa Agencies

V.Ships Agency and TBS Commercial Group are pleased to announce the formation of a Joint Venture in Brazil called V.Ships Lasa Agencies. The new JV, which combines the extensive 'local knowledge' of the LASA network in Latin America with the worldwide agency expertise of V.Ships Agency, will afford existing and future customers a new level of excellence in agency services throughout Brazil. This JV agreement was signed by Alberto Morales Managing Director of LASA Group and Rishi.K.Trivedi, Group Managing Director of V.Ships Agency. The head office of V.Ships Lasa Agencies, in Rio de Janeiro, has an experienced team able to offer full support for all agency operations for all ship types and covering the full range of agency services from terminal operations including crew change and the management of admin/ legal requirements. The same high standard of service is available at all other ports in Brazil through a select range of trusted and specialised sub-agents. As part of V.Ships Agency and the TBS group, V.Ships Lasa Agencies has not only the agency skills necessary to handle the port operating requirements of all types of vessels, but also the approach that comes from fully understanding the needs of owners and charterers. V.Ships Lasa Agencies brings a depth of local knowledge to the table which, together with its global business vision, enables it to understand and satisfy the business needs of all customers.


Great Ship: Great Ships of 2003

Great Ship: MSC Linzie Ship Owner Mediterranean Shipping Co. S.A. Ship Builder Hanjin Heavy Industries & Construction Ship Type Containership MSC Linzie is the first vessel of a new vessel type developed and designed by Hanjin which adopts the new Panamax length design of 294.05 m. Apparently the design series and Hanjin's well-established reputation in this niche has proved attractive, as the company has, to date, logged orders for 24 ships of the new design.


Eagle Bulk Shipping Acquires 26 Ships for $1.1B

(Photo courtesy of www.eagleships.com) Eagle Bulk Shipping, Inc. (Nasdaq:EGLE) has agreed to acquire a fleet of 26 Supramax vessels for $1.1 billion from the parent of Anemi Maritime Services, a private Greek shipping company. The transaction is subject to completion of customary documentation and closing conditions. "This accretive transaction leverages management's strong industry relationships and reaffirms our commitment to the Supramax asset class


China Shipping Development to Buy Four Ships

According to a Reuters report, China Shipping Development Co. said it would buy four very large ore carriers (VLOCs) from Chinese shipbuilders for $400m to develop its ore import business. Each ship will have capacity of 230,000 deadweight tonnes, said the company. It said the purchase would be funded from the company's own resources or through bank loans. Last month, China Shipping Development said that in another deal, it would buy four large iron ore carriers for $460m


Ship Management at Nor-Shipping 2009

As one of the many events taking place at Nor-Shipping 2009, the Fourth International Ship Management Summit features key industry players in a programme conceived to address how the global financial crisis will shape the ship management and operations in years to come. In an industry characterized by declining freight rates and intense competition for cargoes, shipowners are trimming costs, putting pressure on ship managers to offer more affordable services


New Ship EEDI & All Ships SEEMP Now in Force

IMO inform that regulations to improve the energy efficiency of international shipping entered into force 1, January 2013. The EEDI is a non-prescriptive, performance-based mechanism that leaves the choice of technologies to use in a specific ship design to the industry. As long as the required energy-efficiency level is attained, ship designers and builders would be free to use the most cost-efficient solutions for the ship to comply with the regulations.


Knutsen OAS Shipping Leads Gas Shipping Charge

Knutsen OAS Shipping of Haugesund, Norway, is no stranger to international shipping circles, with roots back to 1896 when the founder of the Knutsen company bought his first vessel. Today, the company operates one of the most sophisticated and modern fleets of purpose-built shuttle tankers, chemical carriers and product tankers in the world, and is presently operating the largest fleet of purpose-built DP class shuttle tankers in the world.


Ship-to-Ship Wireless Broadband Tracking

Broadband Antenna Tracking Systems, Inc. (BATS) has successfully demonstrated an industry-first ship-to-ship wireless broadband communications tracking system integrating its BTS-2500 units with two wireless broadband radios. The demonstration was conducted on the Sea of Marmara for a customer that is seeking a cost-effective communications tracking system with high bandwidth and low latency that can cover great distances for its fleet of ships


U.S. Puts Clamps on Iranian Shipping Companies, Ships

The U.S. Treasury Department yesterday said the United States is imposing additional sanctions on Iran’s nuclear and ballistic missile proliferation networks, and is also taking additional steps to prevent the evasion of sanctions by publicly identifying a group of Iranian front companies and banks. “Iran today is under intense, multilateral sanctions pressure, and we will continue to ratchet up the pressure so long as Iran refuses to address the international community’s


Syrian Chemical Arsenal Due for Italian Port Ship-to-Ship Transfer

MV Cape Ray: File picture

The transfer of some 500 tons of Syria's chemical agents to the US special purpose vessel 'MV Cape Ray' will take place in the port of Gioia Tauro, reports Xinhua, citing a hearing before the Italian parliamentary commissions of foreign affairs and defence. The Syrian chemical arsenal aboard the Danish cargo vessel will be directly transfered to the U.S. ship MV Cape Ray through 60 containers and special equipment, and citing Minister of Infrastructure and Transport Maurizio Lupi


ABS to Class the World's First CNG Ship

ABS Chairman and CEO Christopher J. Wiernicki

ABS announced it has been chosen to class the world's first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's state-owned power company Perusahaan Listrik Negara (PT PLN). The award for the precedent-setting ship


UN Throws the Book at North Korea Ship Operator

North Korean Merchant Ship: Photo CCL

A U.N. Security Council committee on Monday blacklisted the operator of a North Korean ship, which was seized near the Panama Canal last year for smuggling Soviet-era arms, and raised concerns about Cuba's military cooperation with Pyongyang.


Braemar Completes Merger with ACM Shipping

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  Braemar Shipping Services plc has completed the merger with ACM Shipping Group Plc (‘ACM’). ACM will merge with Braemar Seascope, the shipbroking division of Braemar Shipping Services, to form a new combined shipbroking business, which will trade as Braemar ACM Shipbroking.


USNS Ship Rescues Nine in Gulf of Oman

USNS Richard E. Byrd: Rendering courtesy of MSC

'USNS Richard E. Byrd' (T-AKE 4), a Lewis and Clark-class dry cargo ship, rescued 9 crew members from a Yemeni-flagged cargo vessel 'Asaed' that had lost power, was taking in water and was adrift in the Gulf of Oman, according to U.S. Naval Forces Central Command Public Affairs.


Discussion: Cruise Ship Waste Management

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Ship to Shore flexible Recycling DEERBERG-SYSTEMS sets the course for the future of waste management onboard cruise ships With a round table discussion in Hamburg, DEERBERG-SYSTEMS said it is addressing the questions of tomorrow gathering cruise lines, ship yards, ports and disposal companies


Sunken WW II Ship Oil Leak Plugged

Photo courtesy of Atlantic Coast Marine Group

Atlantic Coast Marine Group, Inc. successfully responds to World War II era motor tanker leaking massive cargo of oil into the Atlantic Ocean's waters. Beaufort, North Carolina-based Atlantic Coast Marine Group, Inc. (ACMG), a marine salvage, emergency towing and environmental services provider


Box Ships Inc. Repays Commerzbank Loan

Box Ships vessel: Photo courtesy of the owners

Greece-based Box Ships Inc. says it has repayed in full the outstanding amount under its loan agreement with Commerzbank AG dated July 29, 2011.  The outstanding amount of the loan, as of July 21, 2014, amounted to $21.5 million and the parties agreed to the payment of $15


Scorpio Tankers: Latest Financial & Ship Delivery News

Scorpio tankship: Photo courtesy of the owners

Scorpio Tankers Inc. says it has updated its stock buyback program; lists its latest new vessel deliveries, and gives the release date of its second quarter 2014 earnings report. Stock Buyback Program The company has purchased 6,327,861 of its common shares in the open market at an average


GE, LR Study Gas Turbines for Commercial Ships

Image: GE

GE Marine and Lloyd’s Register Sign Memorandum of Understanding to Collaborate on Applying Gas Turbines to Power Commercial Ships GE Marine and Lloyd’s Register report they have signed a Memorandum of Understanding (MOU) to identify potential gas turbine-powered commercial ship


Ardmore Shipping Secures Newbuilding Finance

Ardmore Shipping tankship: Photo courtesy of the owners

Ardmore Shipping Corporation says it has signed agreements to upsize its existing senior loan facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB ("SEB"). The total amount available under the facility has been increased by $53 million to $225


MOL Commended with Quality Ship Awards

Captain Gaku Hinata (left) receives the certificate of commendation from MOL Managing Executive Officer Takaaki Inoue.

MOL Commended for ‘FY2013 Best Quality Ship Award’; MOL president Koichi Muto meets with captain and chief engineer, exchanging views and working to establish a more solid safe operation system. Mitsui O.S.K. Lines, Ltd. (MOL) announced that four MOL-operated and managed ships


Three Share in Navy US$96.8-M Twin-Ship Modernization Contract

USS Blue Ridge: Photo USN

The U.S. Department of Defense informs that AMSEC LLC; CDI Marine Co. LLC; and Q.E.D. Systems Inc., (all located in Virginia Beach, Virginia) are each being awarded a cost-plus-fixed-fee/cost-only, indefinite-delivery/indefinite-quantity, multiple award contract for the procurement of material


RS Class New Ships for the Caspian Sea

Russian Maritime Register of Shipping (RS) has signed a contract with Baku Shipyard LLC for the construction of three 38лю high speed crewboats (designer - SHIPTECH, Singapore) for Azerbaijan State Caspian Sea Shipping Company. Construction is set to begin in August 2014 and the boats are


Diana Shipping Invests in Diana Containerships

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Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that it has entered into an agreement to purchase shares of the common stock of Diana Containerships Inc. for an aggregate purchase price of $40 million.


Desulfurization of Exhaust Gases in Shipping

The first ferry to be retrofitted is the Color Line Super Speed 2, which will be carried out in April this year.

Are shipowners prepared to enter SECA zones?   Due to existing regulations on air exhaust emissions from the International Maritime Organization (IMO), and with the European Union working towards an alignment with IMO MARPOL Annex VI, the marine industry will need to choose a path on how to






 
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