PortVision Educational Events for Terminal Managers
Luncheon speakers at the Houston event will show attendees how they can drive valuable performance improvements at waterborne terminals. PortVision, a provider of business intelligence solutions for the maritime industry, will host its second complimentary educational luncheon for marine terminal management, and the first to be held in the Houston area. The event will take place on Thursday, June 6, from 11 a.m. to 2:30 p.m. at the Embassy Suites Houston-Downtown hotel.
New Fatigue Model Leads to More Durable Ships
Heikki Remes, a researcher at the Aalto University in Finland, has developed a model making it possible to determine how fatigue sets in with various welded steel materials. The model allows for the development of lighter structures, and as a consequence, more energy-efficient ships. By utilizing modern manufacturing technology and new materials, it is possible to achieve more efficient structures than the ones that currently exist.
Subsea Hardware Spending to Double to $124 Billion
Douglas-Westwood (DW) forecast subsea hardware spending is set to double to $124 billion during 2013-2017 compared to the preceding five-year period. The new thirdā¦
NCA, Miko Renew Service Agreement
The Norwegian Coastal Administration (NCA) renewed its service agreement with Miko Marine for the emergency provision of magnetic and fabric patches for damaged vessels. Under the new 2013 agreement, Oslo-based Miko Marine undertakes to provide 24-hour technical support for the use of the companyās unique range of patches and for their provision whenever necessary. Salvage and Tanker Kits of Miko magneticā¦
Rand Appoints Two Directors
Rand Logistics, Inc. announced that John Binion, most recently the Chief Operating Officer and Executive Vice President of United Maritime Group, has been appointed to Rand's Board of Directors.
Hartmann Reederei Upgrades Fleet Communication Systems
German ship operator Hartmann Reederei chose Marlink to supply standardized Ku-band VSAT services to a diversified fleet of 74 vessels for an initial three-year duration. Hartmann Schiffahrts GmbH & Co. KG is headquartered in Leer, and encompasses the entire value-added chain of shipping, covering all activities in the maritime transport and logistics sector, as well as those in the shipping market.
Smit Lamnalco Welcomes New Vessels in Gabon
A welcoming ceremony was held for two newbuild vessels SL Gabon and SL Libreville at PortāGentil, Gabon on April 17. Among those attending the ceremony were the Minister Delegate of Transport Mr. Emmanuel Jean Didier Biye, the Governor of the Ogooué Maritime Province Mr. Martin Boguikouma, the Prefect of the Bendjè Department Mr. Joseph Mouele, Total Gabon Chief Executive Officer Mr. Benoît Chagué and Smit Lamnalco Chief Executive Officer Mr. Daan Koornneef.
International Bunkering Appoints Team Leader
International Bunkering Middle East DMCC promoted Ajay Menon to Senior Bunker/Lubricant Trader and Team Leader. āMr. Menon has served our company diligently and loyally for more than seven years and has played an important and driving role in the development of our Sales Team through his wide experience in the market and through his extensive professional network of valued business counter parties.
New Fatigue Model Leads to More Durable Ships
Heikki Remes, a researcher at the Aalto University in Finland, has developed a model making it possible to determine how fatigue sets in with various welded steel materials. The model allows for the development of lighter structures, and as a consequence, more energy-efficient ships. By utilizing modern manufacturing technology and new materials, it is possible to achieve more efficient structures than the ones that currently exist.
Japanese Shipbuilders Discuss Business Integration
Kawasaki Heavy Industries Ltd. and Mitsui Engineering & Shipbuilding Co. began preliminary discussion on potential business integration, Japan Times reported. Theā¦
'Engine as a Weapon' Symposium Planned
Organised by the Institute of Marine Engineering, Science & Technology (IMarEST) the programme for the 5th Symposium is published. The symposium programme for the fifth 'Engine As A Weapon Symposium (EAAW V)', with its theme āDelivering Military Effect: A holistic approach to combat and platform system integrationā, and featuring presentations by experts in combat and platform system design from home and overseas has now been published.
TORM Product Tankship Deal With Oaktree Capital
Denmark's TORM agreed to sell five MR product tankers to a company controlled by Oaktree Capital Management as part of an earlier restructuring agreement. The sale is a consequence of the specific option rights, which one bank group exercised in connection with the Restructuring Agreement. Oaktree will place the five vessels under TORMās commercial management in a revenue sharing scheme, and utilize TORMās integrated operating platform for technical management.
U.S. Military Biofuel Development Contract Placed
BioProcess Algae LLC awarded $6.4-Million U.S. Department of Energy grant to develop advanced drop-in biofuels for military jets & ships. BioProcess Algae LLC hasā¦
Deepwater Seabed Minerals Exploration Project
Keppel Corporation forms, Ocean Mineral Singapore Pte., to explore for polymetallic nodules several kilometres beneath the ocean's surface. Polymetallic nodules contain copperā¦
Valuable Maritime Services Contract Continuation for CDI
CDI Corp. gets a new U.S. Navy SEAPORT task order to continue to provide watercraft engineering & marine services for the Naval Surface Warfare Center. The watercraftā¦
Unpaid Crew Wages: New Seacurus Insurance
Seacurus has launched a new insurance policy to indemnify seafarers in the event of the financial default of their employers. CrewSEACURE is a new insurance product now available to all employers of seafarers required to satisfy new regulatory obligations under the Maritime Labour Convention 2006 and the International Guidelines on Seafarer Abandonment. The new policy, CrewSEACURE, provides up to USD10m of cover in the event of an employerās financial default.
Greek J/V to Acquire HSH Debtors' Fleet
Navios Maritime Holdings & Navios Maritime Acquisition Corp. in J/V sign LOI to buy 10 ships from debtors of HSH Nordbank. The new Joint Venture company, named Navios JVā¦
Crime on Board: IMO Legal Committee Draft Guidelines
The Legal Committee of the International Maritime Organization (IMO), has drafted advice for masters of ships on preservation & collection of evidence. Draft guidelines on the preservation and collection of evidence following an allegation of a serious crime having taken place on board a ship, or following a report of a missing person from a ship, and on pastoral and medical care of victims were approved by the Legal Committee of the International Maritime Organization (IMO)ā¦
Wreck Removal Costs More Nowadays
Insurers, Lloyd's of London, say in a new report that the cost of dealing with shipwrecks is rising as ships grow in size. The report, 'The challenges and implicationsā¦
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