FIS Bunker Screen Brings Trading into the Digital Age
Firm bids and offers, updated in real time for six months of bunker forward curve will provide unrivalled degree of price transparency and liquidity. Freight Investor Services…
North P&I Club Launches Prevention Initiative
The ‘A’ rated, 170 million GT North P&I club has launched a new loss prevention initiative to help get ships’ masters and officers talking to each other about health and safety issues at sea.
KPI Bridge Oil appoints Risk Management Chief
KPI Bridge Oil, a global bunker broker and trader has appointed Mrs. Christel McLoughlin as Director of Risk Management products. Christel will be based at KPI Bridge Oil’s Headquarter in London. Christel McLoughlin who is a French national, has more than 15 years experience in the oil and shipping industries within risk management and trading and is fluent in English, French, Swedish, Norwegian as well as having working knowledge of German, Russian and Danish.
Jee Announces Expansion for UK Growth
Jee Ltd, an indepenedent multi-discipline engineering and training firm, has announced further plans for expansion to accommodate the company’s growth strategy and the creation of 150 new jobs in the UK. The company which provides a complete range of subsea engineering expertise also announced the appointment of new board members Andrea Haywood, Finance Director, and Jenny Matthew, Director, who will help drive steady growth plans…
Port Executive Program Welcomes New Members
The CPE Certified Port Executive Program welcomed four new graduates at the completion of their program in Ottawa September 21, 2012. The new graduates join alumni of over 100 port, transportation and military personnel who have participated in the program since its creation in 2010. This port management program is a five day course designed to provide participants with a professional education opportunity related to the operations of ports…
Bank Considers EEDI When Making Ship Finance Decisions
The German KfW IPEX-Bank evaluates energy efficiency of its merchant shipping portfolio, sees EEDI a key indicator of economic advantage. KfW IPEX-Bank, one of…
Greek Ferries Chartered Out to Ease Cash Flow
Several Greek coastal shipping firms have resorted to chartering their ferries on foreign routes in order to secure some liquidity and continue operating. Companies believe that their smooth operation is being threatened by the negative course of the domestic maritime transport market as losses over the last three years have reached up to 1 billion euros, reports Greece insiders 'Kathimerini'. Sources…
Container Ships Must Alter Course for Profitabality Says Report
Container carriers can recover from the losses they suffered in recent price wars by adopting more disciplined business practices, says a new report. The recently…
Samsung Heavy to Build Ocean Rig UDW Drillship
Ocean Rig UDW Inc. sign contract for Samsung Heavy Industries to construct a 7th Generation Ultra Deepwater (UDW) Drillship. This 7th Generation drillship is a…
Wärtsilä Wins PSV BWT Contract
Wärtsilä wins contract to supply AQUARIUS® UV ballast water management systems to four Tidewater Marine Platform Supply Vessels (PSV). The scope of supply for the vessels…
Aker Solutions Open Malaysian Subsea Service Base
The service base, situated in Labuan, Malaysia, is to support all installed and future shallow and deepwater projects within the Asia Pacific region. An opening ceremony was held recently at the new site and was officiated by Dave Hutchinson, head of Aker Solutions' subsea business in Asia Pacific. Labuan Island is located off the northwest coast of Borneo, north of Brunei Bay and faces the South China Sea…
Northern Sea Route Cargo Record Already Broken
Cargo transport between Asia and Europe on the Northern Sea Route (NSR) has reached the one million tons milestone. The total cargo transported on the NSR is already…
Charterer's Energy Initiative Faulted by Intercargo
Recent decision by three large charterers only to use relatively energy efficient vessels attacked by bulk carrier owner's group Intercargo. Cargill, Huntsman Corporation and UNIPEC UK…
'Big E' Makes Final Suez Canal Transit
Aircraft carrier USS Enterprise (CVN 65) has made what is most probably her last Suez transit on way back to US Naval Base, Norfolk. On April 29, 1986, Enterprise did something that no other nuclear-powered carrier had ever done - she transited the Suez Canal, adding another first to an already long list of accomplishments. Twenty-six years later, on Oct. 12, the "Big E" passed through the Suez Canal for the final time as she transitioned from the U.S.
Hired Guns Taming Somali Coast
Many ships unwilling to wait for warship-escorted convoys now use a detachment of 4 or 5 armed guards as they transit pirate high-risk areas. At the moment there's…
Denmark's New User-friendly Maritime Authority
Each shipowner is connected with a permanent team of ship surveyors with in-depth knowledge of that company & its special needs. The arrangement was established on the basis of a request from the industry and has since May 2012 been running as an experiment. But due to the positive evaluations, the Danish Maritime Authority decided to make the arrangement permanent. In addition to offering shipowners improved and more efficient service…
China's First Inter-tidal Wind Power Project
Classification society Bureau Veritas assists Longyuan, China, in 'Jiangsu Longyuan Rudong 150 MW Offshore Wind Farm Pilot Project Phase III. As the only foreign third party inspection company working on this project to have participated in all three phases, Bureau Veritas services included supervision for the tower and pipe piles construction. According to BV, this was the first large scale intertidal offshore wind power project in the world…
Gulf of Mexico Disaster Response Center Opened
NOAA brings to bear centralized disaster planning, response expertise to the Gulf of Mexico region from its new Mobile, Alabama, office. NOAA's new Gulf of Mexico Disaster Response Center (DRC) promises to change the way people prepare for and respond to the many hard-hitting storms, spills, and other events that too often strike this fragile region. The new 15,200-square foot facility will serve as a central coordination point for federal…
Improving Vessel Efficiency a Focus at GL North America Meeting
Germanischer Lloyd’s (GL) North American Committee, considered current topics & challenges to the shipping industry at its recent Texas meeting. The challenge of…
Counter-piracy: BIMCO's GUARDCON Contract INTERTANKO Endorsed
INTERTANKO’s Documentary Committee endorses BIMCO's newly published standard contract for Private Armed Guards (GUARDCON). GUARDCON has now been in use for some months.
