Transocean Ltd. issued yesterday a comprehensive Fleet Status Report, which provides current status and contract information for the company’s entire fleet of offshore drilling rigs. The value of new contracts or extensions since the December 17, 2012 fleet update summary is approximately $235 milli
Green Tech Marine has signed a contract to deliver four scrubbers to Norwegian Cruise Line’s “Pride of America” in March. The scrubbers will be installed during a dry dock in Pearl Harbor Naval shipyard. The scrubbers will replace the ships silencers and clean the exhaust of four, 8 MW engines, in t
In 2012, the International Labor Organization, the United Nations group dedicated to advocating for laborers around the world, announced that the Maritime Labor Convention will go into effect in August 2013 after Russia and the Philippines ratified it. Ratification of the convention required signing
The International Maritime Organization, the International Chamber of Shipping (ICS), BIMCO, the Oil Companies International Marine Forum (OCIMF), the International Association of Independent Tanker Owners (INTERTANKO), the International Association of Dry Cargo Shipowners (INTERCARGO), the Internat
Amphora Inc., a leading software solutions provider of energy trading, risk management (ETRM) and logistics, announces the launch of the new Symphony FREIGHT module ‘Freight Estimator’. Symphony FREIGHT is a maritime transportation management system, giving businesses complete control of their freig
Bridging the gap between the design of the bridge system and the bridge procedures. The ship bridge is the nerve center of each vessel and its complexity constitutes a risk factor in shipping. Thus, almost 80% of the collisions and groundings are due to a failure of the system “ship bridge”. To incr
The G6 Alliance announced today that it will maintain the current 5-loop product structure for its Asia-North Europe service in 2013. “We anticipate the current supply and demand balance will continue and we will not be reinstating the Loop 3 Asia-Europe service,” members of the Alliance said in a j
Clipper announced that Flemming Steen will join Clipper Group as Group CFO. Flemming comes from a position as CFO of MT Højgaard and brings with him extensive experience from the manufacturing, infrastructure and transportation industries. At the same time Clipper Group is changing its Executive Man
MINOAN LINES continuously follows environmentally conscious practices placing the utmost importance on the respectful treatment of the environment combined with the implementation of energy efficiency measures. MINOAN LINES incorporates innovative action plans aimed to achieve optimal energy efficie
The towed vessel MV Emsstrom, an ex-German Naval training ship, which had been listing too heavily for salvors to get onboard sank on Monday, January 14, approximately 2.5 nautical miles east by north from Hopes Nose, Torquay in 23 metres of water. The sunken vessel collided with another tug boat, C
Solace Global Maritime, the world’s leading private maritime security company (PMSC), has confirmed its commitment to implementing international standards by training internal auditors. Already certified to ISO 9001, 18001 and 14001, the company is one of the first PMSCs to have conducted such train
Bibby Remote Intervention Limited (BRIL), a division of Bibby Offshore, is expanding its fleet by signing a contract to charter the multi-purpose offshore vessel the Toisa Warrior in its biggest vessel charter to date. The vessel will come under the control of BRIL in February 2013 on a 180-day char
In 2012, the capacity of the Merchant Sea Port of Ust-Luga increased 2 times and reached 46,612,449.255 tons. Such a growth occurred due to the forthcoming of new cargoes as well as a systematic increase in transshipments by existing terminals. Totally, stevedoring companies transshipped 472,231.424
Østensjø Rederi has been awarded a grant by Norsk Designråd for a project to increase safety in the galley. Health and safety for Østensjø’s crew has long been a focal point in the company’s development. Traditionally the larger investments and innovations have taken place in the parts of the ship t
