Yesterday EU Naval Force flagship, ITS San Giusto stopped and apprehended a skiff with 7 suspect pirates onboard. The EU warship, that was carrying out counter-piracy patrols as part of Operation Atalanta, had sighted the skiff carrying a ladder and up to 20 fuel drums 180 miles east of Socotra and immediately launched its helicopter [...]
October 12, 2012 | Posted in
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International Shipholding Corporation announced today that it has entered into a definitive agreement to acquire a 100% ownership interest in U.S. United Ocean Services, LLC (“UOS”), a wholly-owned subsidiary of United Maritime Group, LLC (“UMG”), for a total purchase price of approximately $111 million cash, subject to customary closing adjustments. Founded in 1959, UOS provides [...]
Global marine terminal operator DP World has won the Maritime Infrastructure Award at the 8th India Shipping Summit 2012 in Mumbai in recognition of its commitment and foresight in developing and operating ports that act as catalysts to promote trade. The award given to DP World, Subcontinent was received by His Excellency Jamal Majid Bin [...]
October 11, 2012 | Posted in
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In time-honoured maritime tradition, a ceremony was held this morning at the STX shipyard in Saint-Nazaire, France, during which two commemorative coins were welded to MSC Preziosa’s mast radar, marking a significant construction milestone. Following the termination of the agreement with the original owner, earlier this year MSC Cruises signed a contract to take over [...]
October 11, 2012 | Posted in
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Norwegian Car Carriers ASA has entered into a time charter contract for the 100% owned car carrier “NOCC Caspian” for duration of about 12 months with commencement in early December 2012. The concluded time charter rate is higher than the rate on the current charter and will generate an EBITDA of about NOK 13.5 million [...]
Wärtsilä’s AQUARIUS® EC ballast water management system (BWMS) has been granted BASIC Approval by the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) during its 64th session in London, which commenced on 1st October 2012. The initial application for BASIC Approval of the AQUARIUS® EC system was submitted to the IMO through the Dutch [...]
October 11, 2012 | Posted in
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Wilh. Wilhelmsen ASA and partner Wallenius Marine AB have entered into a joint venture with Norwegian meteorological company, StormGeo AS, to develop a range of innovative software solutions for the shipping industry. StormGeo will hold 50% of the new venture with the remaining 50% split evenly between the two other partners. “Fuel efficiency is, maybe, [...]
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Intercargo the trade Association representing the interests of the bulk shipping industry, yesterday announced the appointment of Mr John Platsidakis as Chairman. Mr Platsidakis is currently Managing Director of Piraeus-based Anangel Maritime Services Inc., a function that he will continue to perform alongside his role as Intercargo Chairman. The appointment was made at the Annual [...]
The latest Mark V vessel to join the Wallenius Wilhelmsen Logistics (WWL) fleet received a warm welcome and was named Salome at a ceremony in Sydney Harbour, Australia, on 3 Oct 2012. With 200 high-profile guests including The Lady Sponsor for the Salome; Ms Anke Koeckler, Managing Director of Volkswagen Group Australia, the ceremony was [...]
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A diplomatic conference to consider a new agreement aimed at implementing the provisions of an international treaty on fishing vessel safety has adopted a new agreement on fishing vessel safety, to be known as the “Cape Town Agreement of 2012 on the Implementation of the Provisions of the 1993 Protocol relating to the Torremolinos International [...]
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