Maritime Propulsion News
10,257 stories, page 353 of 428
Greek Owners Sell Bulker 'Clipper Grace'
Seanergy Maritime Holdings sell 'Clipper Grace', a 30,548 dwt Handysize drybulk vessel, built in 2007, at a gross price of US$11.25 million. The vessel was delivered to its new owners on October 15, 2012. The company…
People & Company News
US Coast Guard Fishing Vessel Safety Examinations Now in Force
USCG's mandatory commercial fishing vessel safety examinations for those operating more than three miles from the territorial sea baseline take effect. This requirement, which affects commercial fishing fleets…
Legal
Bank Considers EEDI When Making Ship Finance Decisions
The German KfW IPEX-Bank evaluates energy efficiency of its merchant shipping portfolio, sees EEDI a key indicator of economic advantage. KfW IPEX-Bank, one of the largest ship financing banks in the world, has evaluated…
Contracts
Container Ships Must Alter Course for Profitabality Says Report
Container carriers can recover from the losses they suffered in recent price wars by adopting more disciplined business practices, says a new report. The recently published report by The Boston Consulting Group (BCG) is…
People & Company News
Samsung Heavy to Build Ocean Rig UDW Drillship
Ocean Rig UDW Inc. sign contract for Samsung Heavy Industries to construct a 7th Generation Ultra Deepwater (UDW) Drillship. This 7th Generation drillship is a sister ship to the three currently under construction at…
Contracts
Northern Sea Route Cargo Record Already Broken
Cargo transport between Asia and Europe on the Northern Sea Route (NSR) has reached the one million tons milestone. The total cargo transported on the NSR is already almost 200 000 tons more than in last year’s season…
People & Company News
Charterer's Energy Initiative Faulted by Intercargo
Recent decision by three large charterers only to use relatively energy efficient vessels attacked by bulk carrier owner's group Intercargo. Cargill, Huntsman Corporation and UNIPEC UK, who together charter over 350…
Contracts
Hired Guns Taming Somali Coast
Many ships unwilling to wait for warship-escorted convoys now use a detachment of 4 or 5 armed guards as they transit pirate high-risk areas. At the moment there's a booming market in security guards for merchant ships…
Legal
Improving Vessel Efficiency a Focus at GL North America Meeting
Germanischer Lloyd’s (GL) North American Committee, considered current topics & challenges to the shipping industry at its recent Texas meeting. The challenge of improving vessel efficiency heads the agenda of every ship…
People & Company News
Counter-piracy: BIMCO's GUARDCON Contract INTERTANKO Endorsed
INTERTANKO’s Documentary Committee endorses BIMCO's newly published standard contract for Private Armed Guards (GUARDCON). GUARDCON has now been in use for some months. During this time the Documentary Committee has…
Legal
Ferry Main Propulsion Order for Finland's Steerprop
Steerprop Ltd to deliver main propulsion system for a Société des traversiers du Québec (STQ) passenger ferry to be built by Fincantieri. Steerprop Ltd. has been contracted to deliver two SP 120 ECO CRP propulsors, each…
Contracts
Greek Shipowners Costamare Public Stock Offering
Owners of container ships for chartering, Costamare Inc., plans to offer 7,000,000 shares of its common stock. Members of the Konstantakopoulos family, who in the aggregate own a majority of the common stock of the…
Legal
China Shipyard Wins Multiple Container Ship Orders
Ship operators Bernhard Schulte & US banking institution JP Morgan have come together to order a series of medium-size boxships in China. Zhejiang Yangfan Group will construct up to eight 2,300 teu boxships for the pair…
Contracts
