ISF Disappointment at Slow Implementation of ILO 185
The International Shipping Federation (ISF), which represents maritime employers globally, says that the low level of implementation of the International Labour Organization (ILO) Convention 185…
ClassNK Releases New Rule Amendments
ClassNK is pleased to announce that the release of the latest amendments to the ClassNK Rules. As a leading classification society, ClassNK constantly reevaluates…
Kritzman Joins Fowler White Burnett
Corporate Attorney Kritzman Joins Firm as Shareholder. Fowler White Burnett, P.A. said that Mr. Robert Kritzman has joined the firm as a Shareholder at the Fowler White Burnett downtown Miami office working in their general practice group. Kritzman has an extensive background in corporate transactions, including financings and mergers and acquisitions, corporate governance, corporate investigations, government relations and a broad range of maritime matters.
British Navy Names New Fleet Support Ships
'Tide-class' the name given to four new Royal Fleet Auxiliary (RFA) tankers to serve as part of the RN's fleet replenshment programme. The 37,000-tonne ships will come into service from 2016 to replace the RFA's single-hulled tankers, and will maintain the Royal Navy's dedicated bulk fuel replenishment at sea capabilities. The 200-metre long tankers will also be able to carry helicopters and will support Royal Navy warships deployed around the world.
Tankship Owners OSG File Chapter 11 Process
Overseas Shipholding Group, Inc. starts Chapter 11 process to reduce debt & other financial obligations to create more solid financial foundation. The Chapter 11…
Maersk Line Tops the Idlers League Table
Among container Carriers, Maersk Line currently has the largest number of vessels idle. A report by shipping analyst Alphaliner (Vol. 2012, Issue 46) reveals Maersk Line as the carrier with most vessels idled, currently 14 units with an aggregate capacity of 94,000 TEU. This development spearheads a recent surge in idling across the industry. “The idle containership fleet of above 500 TEU have swelled by 96…
New Icebreaker Could Keep Northern Sea Route Open
Russia's Baltic Shipyard starts construction of the first LK-60 nuclear-powered icebreaker. The LK-60 will be the largest and most powerful icebreaker ever built, making commercial traffic along the Northern Sea Route possible all year around. According to Barents Observer, Russia will have a large demand for new nuclear-powered icebreakers in the near future. Of the existing six vessels that are operating in Arctic waters today only one will be operational by 2020.
Pirate Ship 'Black Pearl' Embarks on Piggy-Back Voyage
Yacht Path Marine Group were contracted to transport the 'Pirates of the Caribbean' 140-ft replica tall ship across two oceans. The 270-ton, 140-foot custom-build pirate ship 'Black Pearl', was loaded aboard a BBC heavy lift vessel in Barbers Point, Hawaii for the three-week voyage to St. Thomas, USVI. The replica pirate ship "Black Pearl" was most famously known for her role in Disney's blockbuster 'Pirates of the Caribbean' franchise…
Marine Coatings Demand Forecast to Rocket
The need to reduce ship fuel consumption drives demand for marine coatings, says a new analysis. Increasingly stringent environmental regulations are boosting the prospects of high-value…
NOAA Ship 'Thomas Jefferson' Returns
The NOAA Ship Thomas Jefferson wraps up an exceptionally eventful field season. After 193 days away from home, the hydrographic survey vessel completed 14, 768.9 linear nautical miles of survey that covered 352 square nautical miles of area in Long Island Sound and Block Island Sound. Due to this work, 38 dangers to navigation (DTONs) were issued, protecting maritime traffic in the area. Additionally…
IMO PaperSmart Meeting Restructures Sub-Committees
The IMO Council, meeting for its 109th session in London has endorsed, in principle, a restructuring of IMO's Sub-Committees. The Council meeting was the first “PaperSmart”…
Atlantic Petroleum to Gain Foothold Offshore Norway
Atlantic Petroleum gains entry to Norwegian Continental Shelf energy exploration through acquisition of Emergy Exploration AS. Atlantic Petroleum has issued a voluntary…
Craig Group Predicts Strong 2013 Growth
Aberdeen (Scotland) based global shipping and energy services firm, Craig Group, has announced healthy results for the year ending April 2012. The privately owned, family-run business has reported turnover of £123.3 million with operating profits of £14.8 million. This is an increase on their 2011 turnover of £11.4 million and a £1.7 million increase on operating profit from the same time period. EBITDA has risen from £19.1million in 2011 to £21.3millionin 2012.
New Offshore Construction Vessel Joins Multraship Fleet
Multraship takes delivery of Multrasalvor 3 built by Damen Shipyards for work offshore UK. Multraship continues to invest in its diverse fleet of towage and salvage vessels to help provide the highest levels of responsive service to the international shipping industry. The company has taken delivery of Multrasalvor 3, a new Multi-Cat 2409 from Damen which is a bigger and better version of their old Multrasalvor, which has now been sold.
ROV Contract for Forum Energy
Houston-based Forum Energy Technologies contracted by Cummings Consulting to supply two Sub-Atlantic Mojave Systems ROV's. Both of the Mojave ROVs (Remotely Operated…
Shipham Valves' New Range of Wafer Check Valves
Wärtsilä subsidiary, Shipham Valves, completes development of a range of composite single plate wafer check valves. The new valves will be introduced to the market place at the Valve World Exhibition to be held in Düsseldorf at the end of November. Available in sizes from 3” – 12” / DN80 – DN300 and rated at 16 bar (230psi), the single plate Wafer Check Valve adds to Shipham Valves existing range of composite valves.
USS Anchorage Maiden Voyage Panama Canal Transit
Amphibious ship 'USS Anchorage' (LPD 23) transits the Panama Canal while in 4th Fleet's area of operations for the first time. USS Anchorage departed the Huntington Ingalls Industries (HII) Shipbuilding site in Avondale, La. Oct. 30, 2012 to sail to her future homeport of San Diego. With a beam measuring 105 feet, Anchorage, a San Antonio-class LPD, is among the largest class of ships able to safely pass through the canal, whose locks measure 110 feet. She completed the transit in 13 hours.
Survey Shows Some Unaware of SEEMP Fuel Saving Potential
A NAPA Group survey shows SEEMP acknowledged as an industry priority, but knowledge gaps exist, smaller owners & operators lag behind. Software house for ship design and operations…
Dolphin Marine's Latest Financial Results Better Than Expected
· Dolphin successfully enters into and completes the first 3D Multi-Client survey in Norway. Atle Jacobsen, Dolphin Group CEO, commented: 
"There is strong market…
Nor-Shipping Launches 'Venture Initiative'
The intitiative is aimed to provide new opportunities for finance professionals and capital hungry maritime companies from around the world. To highlight more of…