New Suezmax Tankship Sold, Bareboat Chartered Back
Belgium's Euronav sells Samsung newbuild 'Cap Isabella' 157,648 dwt to new owners then charters the vessel back long-term. Cap Isabella was sold for US$ 54,000,000…
Optimizing Fuel Consumption: ESRG Enhances OstiaEdge®
US-based ESRG adds total vessel power analytics to OstiaEdge to help optimize fuel consumption for a vessel or across a fleet. OstiaEdge® now integrates shaft torque…
UKHO Confirms Ian Moncrief as CEO
The United Kingdom Hydrographic Office (UKHO) confirms Moncrief in the post held on an interim basis since October 2011. The government as sole owner of the UKHO, ran an open, external and national competition for the Chief Executive role. This was a rigorous recruitment process with a panel chaired by an independent Civil Service Commissioner. The appointment is endorsed by the UKHO Chair and Board, the Ministry of Defence and the Royal Navy, and is effective immediately.
Crowley Maritime Extra Sailing to Meet US/Caribbean Demand
The liner services group will offer ocean-freight customers a second weekly southbound sailing from Port Everglades, Fla., to Nassau, Bahamas. The new Saturday sailing day, starting Saturday, March 23, 2013, will give customers an additional option for the transport of their goods, including groceries, retail merchandise, building materials, refrigerated (reefer) products, and vehicles from Port Everglades to Nassau each week.
TEN Charter Out Five Product Tankships
Greece-based Tsakos Energy Navigation Limited (TEN) fix 3-year charters for 5 Panamax LR1 product tankers with a major national end-user. These fixtures are expected…
Ice Crushing Propeller Dynamics
When a captain of an ice-going vessel stands on the bridge looking at the enchanting world around him he wants to hear the comforting sound of ice smoothly being crushed by the heavily loaded propeller he is controlling. But the question is if the industry is ready – can our captain really enjoy his trip in ice covered waters – or is there still work to be done? Ops in the Arctic regions are intensifying…
Risk Management
The old expression about getting one’s sea legs speaks to how different life can be in the ocean marine environment. Those who spend most of their time on land often…
BRP Offers Inboard Jet Propulsion System
BRP expands its marine engines portfolio by offering an inboard jet propulsion system, using its proven Rotax 4-TEC 1503 engine. BRP's Marine Propulsion Systems division in Sturtevant…
D'Arcinoff Group Consortium Announces $4.6 Billion Project
D'Arcinoff Group, Inc. and its consortium partners will deploy the first phase of the $4.6 billion D’Arcinoff Group Energy Program (DGE), an integrated synthetic fuel…
CMA CGM 2012 Resullts
The Board of Directors of France’s CMA CGM met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the year ended 31 December 2012.
Senergy Software Pioneers Another Step Change
Senergy Software has unveiled major new developments to its market-leading Oilfield Data Manager (ODMTM) software suite, providing geoscientists with significant step changes particularly in the user interface (UI). The launch of ODM 3.8 includes new Heatmap and Analysis Sticks features as well as pioneering enhancements to its reservoir performance module (RPM) 3D viewer. It also includes a new method for handling core shifts and a powerful new Dictionary Summary.
WCI Reacts to ASCE 2013 Report Card
Waterways Council, Inc., (WCI) has received the 2013 Report Card for America’s Infrastructure from the American Society of Civil Engineers (ASCE) and the inland waterways have received a grade of D-. The Report Card assesses the condition of a number of the nation’s infrastructure systems, including the inland waterways, and is released every four years. Each category is evaluated based upon capacity…
Hapag-Lloyd Increases Freight Rate in 2012 Financial Year
Freight rate up 3.2% on last year / Transport volume increases by 1.1%. Revenue rises by 12.1% to EUR 6.84 billion / Absence of peak season and persistently high…
Hatteland Display Appoints Distributor in India
Hatteland Display (HD), a technology provider of specialized display and computer products to the international maritime and industrial market, has appointed Elcome Marine Services Pvt. Ltd. as its distributor in India. With a network of branches at all major ports in India Elcome Marine today provides its customers with a single point resource of all solutions related to maritime electronics and software based systems.
WESMAR Announces Bow Thruster Order
WESMAR (Western Marine Electronics, Inc.) has announced an order from Hydraquip, Tasmania, Australia, for two commercial bow thruster systems for installation on a steel-hulled car/passenger ferry. The order is for two WESMAR Model V2-28, 185 HP, counter rotating dual-prop stainless steel bow thruster systems. They will be installed on the 187-foot M/V Queenscliff, a double ended roll-on/roll-off ferry that provides hourly service between the towns of Queensland and Sorento.
CLF Ventures Issues RFP
CLF Ventures Inc., a non-profit affiliate of the Conservation Law Foundation, an influential New England environmental advocacy organization, seeks proposals from…
Rolls Royce Wins Green Technology Award
Rolls-Royce plc has received the Green Ship Technology Award for its Environship concept – a revolutionary design and system solution for cargo ships that reduces CO2 emissions by up to 40 per cent compared to similar diesel powered vessels. The Environship, which can be adapted for different ship types, incorporates a range of Rolls-Royce technologies to deliver efficiency savings for ship owners.
Viking Shows Growth
Marine and fire safety equipment manufacturer and service provider Viking Life-saving Equipment A/S has reported its ninth year of growth – capturing market share from competitors in a difficult business climate and delivering record turnover of DKK 1,584 billion and PBT of 115 million DKK. According to CEO Henrik Uhd Christensen, the company’s results are due to Viking’s investments in long term growth…
Globe Express Services Awarded ISO 9001:2008 Certification
Globe Express Services announced that its UAE office has been awarded the Certificate of Approval by the Bureau of Assessment Services, recognizing the company’s…
ISS Advises of St. Lawrence Seaway Tolls Increase
Inchcape Shipping Services (ISS), a leading maritime services provider, is advising of a three per cent increase in St. Lawrence Seaway tolls in Canada for the 2013 shipping season.
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