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Scenic to Build World's First Discovery Yacht

Jan 19, 2016

Scenic has announced the launch of the world’s First Discovery Yacht, the Scenic Eclipse. The new ship will embark on its maiden voyage August 31, 2018, sailing from Istanbul to Venice, followed by discovery voyages to the Americas, Antarctica…

Mercator Exists Dry Bulk, Divests Fleet

Jan 19, 2016

As a part of an ongoing portfolio restructuring exercise following booking of losses for three years in a row, Mercator Limited has decided to exit dry bulk business carried on by its arm Mercator Lines(Singapore) Ltd(MLS). Mercator has 11 bulkers in its fleet…

Chinese Shipyards Sails in Rough Seas

Jan 19, 2016

Shipbuilders in China will continue facing rough weather. According to a report in Bloomberg, new orders received by Chinese shipbuilders fell by nearly half last year from 2014, suggesting more consolidation is in order as the country’s appetite…

Lloyd's Register to Resume Iran Business

Jan 18, 2016

Lloyd's Register (LR) is working on resuming services to verify safety and environmental standards for Iranian shipping companies, the ship classification society said on Monday.Without verification from such bodies, ships are unable to call at international ports or secure insurance…

SeeByte Founder Awarded CBE

Jan 18, 2016

SeeByte founding member, Professor David Lane, has been appointed Commander of the Order of the British Empire (CBE) for services to Engineering in the 2016 New Year’s Honors list. Lane is Professor of Autonomous Systems Engineering at Heriot…

New Head of Asia Desk at SAL Heavy Lift

Jan 18, 2016

SAL has announced Jürgen Kuntz as its new Head of Asia Desk in Hamburg. Originally setting up the SAL office in Shanghai, Kuntz will continue to strengthen the Asia related business with his 15 year long experience from China, the company said…

Shippers Urged to Use Transitional Measures for Ship Recycling

Jan 18, 2016

Shipping companies are being strongly encouraged to use new ‘Transitional Measures for Shipowners Selling Ships for Recycling’ launched by a coalition of international shipping industry organizations.The purpose of the new ‘Transitional…

EU Project Reinforces Supply Chain Security Objectives

Jan 18, 2016

Key partners from the four year European Research Project, CORE (Consistently Optimized REsilient Secure Global Supply-Chains), part funded by the EU under the Seventh Framework program, took the opportunity to engage with stakeholders at the…

Shipowners Advised on Managing the Cost of US Healthcare

Jan 18, 2016

When a crew member, passenger or other maritime worker onboard a ship falls ill or is injured, the cost of treatment is difficult to predict. The quality of care in the United States is generally regarded as high, yet the cost of treatment is inconsistent from hospital to hospital…

ClassNK: New Software System for Container Carriers

Jan 18, 2016

(PRESS RELEASE) ClassNK released its new structural design support system PrimeShip-HULL for Container Carriers to correspond with its latest rule amendments. To promote container carrier safety, ClassNK released amendments to its Rules and…

MOL Launches Additional Indian Run

Jan 18, 2016

Mitsui O.S.K. Lines (MOL) announced launch of the new China/West Coast India service (CIS).This new service is in addition to MOL’s existing Nhava Sheva Karachi Express (NKX) service which together will enhance coverage between ports in India and China…

Pilot Transfer Arrangements - AMSA

Jan 18, 2016

The IMO Convention for Safety of Life at Sea (SOLAS Chapter V, Regulation 23) sets out the principal requirements for the rigging of pilot ladders.  There is further detailed technical specification for pilot ladder in IMO Resolution A.1045 (27)…

Navig8 Product Tankers Expands Fleet

Jan 18, 2016

Navig8 Product Tankers Inc., an international shipping company focused on the transportation of petroleum products, has taken delivery of one LR1 74,000 DWT product tanker, the Navig8 Expedite, from STX Offshore & Shipbuilding Co, Ltd.  The…

U.S. LNG Seen Destined for Europe

Jan 18, 2016

According to Wood Mackenzie Ltd, Europe is set to be the key destination for liquefied natural gas supplies from the U.S. after prices fell in Asia, the world’s biggest consumer of the fuel says a report in Bloomberg. The U.S. is forecast to ship about 55 percent of its total LNG production…

IMO Confirms No-Go Yet for BWM Convention

Jan 18, 2016

Criteria for entry into force of BWM Convention not yet reached – further ratifications needed. Insufficient tonnage to trigger entry into force despite recent ratifications, says International Maritime Organization (IMO). Following the…

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