Hellenic War Risks Club at 50; Reports $68.6m in Reserves
Piracy remains a major issue, especially for Greek owners, says the Club. The Hellenic War Risks Club is celebrating its 50th year of operation in 2011. The Association’s founding Directors, which included J C Carras, J E G Kulukundis, C M Lemos, D J Chandris and F P Lykiardopulo, recognised a need for Greek shipowners to come together on a mutual basis to provide the most competitive war risk insurance premiums, which, at the time, were difficult and expensive to obtain.
IMCA Publishes DP Station Keeping Incidents 2009
Input for next report is requested. The sharing of information on incidents is essential as an aid to improved safety, with each one improving the knowledge base of other organisations undertaking similar activities. This is why the International Marine Contractors Association (IMCA) publishes an annual report on dynamic positioning (DP) station keeping incidents. The report on incidents in 2009 has…
Cargotec Wins U.S. Port Automation Contract
Cargotec has won a contract to supply ten state-of-the-art Kalmar automatic stacking cranes and 17 customer specific automatic shuttle carriers to leading terminal services' provider TraPac Inc, in Los Angeles, USA. The equipment will be delivered to TraPac Inc, a subsidiary of Mitsui OSK Lines, in 2012 and 2013. The parties have agreed not to disclose the value of the order. The order has been booked in the third quarter of 2011.
Diamond S Shipping Completes 30-Tanker Acquisition
Diamond S Shipping announced today that it has completed the acquisition of 30 medium-range product tankers and related charters from Cido Shipping of Hong Kong.
MetalCraft Unveils First Electric Powered Patrol Boat
Patrol Boat-1 is really the first, the first ever electric powered patrol boat. MetalCraft Marine designed and built the boat for the City of Annapolis’ Harbormaster. The boat utilizes a Steyr hybrid diesel/electric engine that permits either electric power or for higher speeds, diesel power. The propulsion is a Hamilton 274 waterjet. The jet can propel the boat in electric patrol mode at 4.5 knots, as it approaches and checks boats in the harbor ensuring anchoring permits are valid.
Global Floating Production Spend To See Huge Growth
Latin America will account for half of the projected floating production Capex over the next five years according to a new Douglas-Westwood report. their fleets of floating production systems.
Saipem Buys into Brazil
Saipem has agreed the acquisition of 100% of TPG (Terminal Portuário de Guarujá S.A.), a company which fully owns, as a perpetual concession, an area of 35 hectares in Guarujá…
OMM Completes Cable Work at Greater Gabbard
Offshore Marine Management (OMM) has completed a contract with Fluor for the installation of 36 inter-array cables at the Greater Gabbard wind farm. Originally contracted to install 29 cables…
NOAA’s Newest Chart to Support Puerto Rico Maritime Economy
The Port of San Juan, which is experiencing a tremendous growth of maritime traffic and planning for more, received an additional economic boost today when NOAA…
Tugboat Capsizes in Hudson River
According to a report on www.cliffviewpilot.com a tugboat capsized Thursday, October 13 in the Hudson River off New York City after hitting into a vessel off Pier 90 near the Intrepid…
Moore Stephens Welcomes UK Tonnage Tax Revision
Accountant and shipping adviser, Moore Stephens, has welcomed the decision of Her Majesty’s Revenue & Customs (HMRC) to revise, as promised, its UK Tonnage Tax Manual to at least partly restore, on an interim basis, the pre-2009 interpretation of the strategic and commercial management tests. Moore Stephens has been working for some time with the shipping industry, and in particular with the Chamber of Shipping…
MSG Contracts with Imtech to Cover ECDIS Training
MSG MarineServe GmbH contracts with Imtech Marine to cover their ECDIS training requirements worldwide. MSG is pleased to announce that it has reached agreement with Imtech Marine for the provision of ECDIS training services worldwide. Imtech had already reached agreement with MSG’s sister company, Safebridge, in March 2011 to entrust them with the creation of an E-learning training platform linked to their own ECDIS software for internet delivery…
Flexlife Signs MOU With Petrobras
Subsea Specialist Flexlife Signs Memorandum of Understanding With Petrobras International. Flexlife, an oil & gas industry specialist in subsea project and integrity management, announced today (October 13) it has signed a Memorandum of Understanding with Petrobras to develop and provide a new integrity management system and specialised engineering services for its international oil and gas projects offshore.
Tackling Piracy: UK Government Response
Foreign Office Minister Henry Bellingham's speech to the British Chamber of Shipping on the UK Government’s response to counter-piracy. One of the most important duties of a Government is to protect UK citizens, both at home and abroad. In the networked world of the 21st century, insecurity in pockets of the world ripples outwards and the impact can be felt here at home. Africa is a long way from the UK.
NOAA’s New Chart Supports Puerto Rico Maritime Economy
The Port of San Juan, which is experiencing a tremendous growth of maritime traffic and planning for more, received an additional economic boost today when NOAA debuted a new nautical chart that will make ocean-going vessel traffic safer and more efficient through San Juan Bay and the port area. “There is not only more traffic, but larger vessels are making San Juan their port call,” said Capt. John Lowell, director of NOAA’s Office of Coast Survey.
U.S. Coast Guard Recapitalization Briefing
Uncertainty over budget talks leaves Coast Guard leadership to hedge their bets on future fleet mix, total numbers of hulls and operational capabilities. On Wednesday…
Signal International Announces Semisubmersible Contract
Signal International has been awarded a contract for the repair and upgrade of the Transocean semisubmersible rig, HENRY GOODRICH. The project is slated to commence…
Bernhard Schulte Shipmanagement Chooses eCommerce Solution
Bernhard Schulte Shipmanagement, a global leader in Shipmanagement, has in collaboration with WSS chosen MarineLink eCommerce for its SDCs globally. Bernhard Schulte Shipmanagement manages a fleet of more than 650 vessels out of which over 300 vessels are under full management. Last year EDB ErgoGroup purchased Wilhelmsen Ships Service's eCommerce solution, MTS, and has integrated it into its advanced…
Aker Solutions to Supply Loading Systems for Shuttle Tankers
Aker Solutions has been awarded contracts for the supply of Pusnes offshore loading systems for ten shuttle tankers that will operate in Brazil and Norway. The total…
M/V's SIGNET STARS & STRIPES and SIGNET CONSTELLATION Christened
Vessels Christened at Trinity Shipyard amid Fanfare Befitting the Occasion, Attended by a Host of Dignitaries and Featuring a Luncheon to Celebrate the Event. Trinity Offshore, LLC and Signet Maritime Corporation christened M/V SIGNET STARS & STRIPES and M/V SIGNET CONSTELLATION yesterday at the Trinity Shipyard in Gulfport, Mississippi. This extraordinary affair included many of Signet Maritime’s and Trinity Offshore’s valued customers and employees in addition to many local…
