Report charts marine industry “routes to safety”
JUNE 17, 2013 — “Market equilibrium remains out of balance, and risks remain for the maritime sector,” says Christopher Frampton, Partner and Global Head of the Asset Finance Practice of law firm
Search Results for: container
Arklow picks Sperry Marine for ECDIS upgrade
JUNE 17, 2013 — Wicklow, Ireland, headquartered Arklow Shipping has chosen Northrop Grumman’s Sperry Marine business unit to upgrade 12 container vessels with VisionMaster FT Electronic Chart Display and Information Systems (ECDIS)
Shipping industry confidence levels perk up
JUNE 14, 2013 — Smile: According to international accountancy firm Moore Stephens, overall confidence levels in the shipping industry rose to their highest level for two and a half years in the
Failure to report engine failure brings $75,000 penalty
JUNE 13, 2013 — Two Coast Guard investigators, one from Sector Anchorage, Alaska, and one from Marine Safety Detachment Dutch Harbor, Alaska, have assessed a $75,000 penalty for failure to report a
Bore to install ship efficiency software on second Ro-Ro
JUNE 13, 2013 — Finnish shipping company Bore Ltd. is to install ClassNK-NAPA GREEN ship efficiency software aboard the 13,625 dwt Ro-Ro vessel Bore Song. The comes after sea trials last year
Cargill charters new product tanker from Ardmore Shipping
June 11, 2013—Ardmore Shipping Limited, Cork, Ireland, has taken delivery of the 49,999 dwt Ardmore Seaventure, the second in a series of four product and chemical tankers from Korea’s SPP Shipbuilding. The
Wärtsilä X40 passes Type Approval test
JUNE 10, 2013 — The Wärtsilä X40 two-stroke engine has successfully passed its Type Approval Test (TAT). The testing was carried out in Zhuhai, China, at Wärtsilä’s licensee Yuchai Marine Power Co.
Horizon names Hamlin EVP and COO
JUNE 6, 2013 — Jones Act containership operator Horizon Lines, Inc. (OTCQB: HRZL) has named William A. Hamlin Executive Vice President and Chief Operating Officer. Mr. Hamlin, who joined Horizon Lines in
“Nose jobs” pay off for slow steaming box ships
JUNE 6, 2013 — A “nose job” can maker older containerships look better in terms of fuel economy. DNV has gathered before and after operational-performance data that indicate that redesigning the bulbous
TOTE seeks Title XI guarantees for LNG fueled newbuilds
JUNE 5, 2013 — According to an updated list of Title XI ship financing guarantee applications posted on the MARAD website, TOTE Shipholdings, Inc. has applied for a guarantee for $320 million