SMI Newsdesk Archives

Liberia appoints Indian Registry as Recognised Organisation

Classification Society the Indian Registry of Shipping (IRS) has been appointed as a Recognised Organisation by the Liberian Registry to act on behalf of vessels operating under the flag of Liberia.

Scott Bergeron, Chief Operating Officer of the Liberian International Ship & Corporate Registry (LISCR), the US-based managers of the Liberian Registry, described India as a “very important market” for the Registry.

“India is a global economic power which generates Read More…

Marshall Islands Registry Qualifies for United States Coast Guard Qualship 21 for seventh year running

The Marshall Islands Registry – which currently boasts 71.5 million gross tons and more than 2400 vessels, has qualified for the United States Coast Guard’s (USCG) Qualship 21 program for the seventh consecutive year.

Vessel owners and operators granted with Qualship 21 designation are able to apply for a Qualship 21 certificate, which provides rewards for ships from qualifying registries. Rewards range from a two-year limited port State control Read More…

Sovcomflot orders two ultra-modern LNG carriers

Sovcomflot (SCF Group) has ordered two ultramodern ice-class LNG-carriers, to be used by Gazprom Global LNG Limited (GGLNG) for LNG transportation. A long-term time-charter contract is expected to be signed by the parties during the World Economic Forum at St. Petersburg in June.

GGLNG, a subsidiary of Gazprom, confirmed the SCF Group will operate two new LNG carriers on a long-term time charter, for a minimum of 15 years for Read More…

Maersk posts profit surge

The Maersk Group, today, announced a 10% increase in revenue to $14.5bn and a rise of 82% in profit to $1.2bn for the period in its interim management statement.

Higher container freight rates, container volumes and oil prices all helped to drive up figures, and there was better operational performance in most business units.

“We have had a good start to the year and are very satisfied with the results. Read More…

ACP signs new Soy MOU

Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta and Soy Transportation Coalition (STC) Chairman Ed Ulch have signed a Memorandum of Understanding (MOU) to foster the growth of global commerce.

During a luncheon sponsored by the STC in Washington, D.C. on Monday, both parties affirmed their commitment to mutual growth and cooperation. The objectives of this agreement are to undertake joint marketing efforts, data exchange to forecast future trade flows Read More…

Gothenburg discharges crude oil

For the first time ever, crude oil will be discharged from the Port of Gothenburg. The oil has been put into transit storage in an underground cavern and will now be exported onto the world market.

“This is an historic moment for the Port of Gothenburg. Very few ports can offer transit storage and reloading of crude oil and we are pleased that everything has gone so well,” said Read More…

Braemar announces ‘robust’ set of results

Braemar Shipping Services plc has reported a robust set of financials for the year to the end of February backed up by a strong recovery in the Asian market and a 7% rise in shipbroking earnings.

Revenue rose to £126.1 million from £119m previously, while pre-tax profits before amortisation came in at £14.8m against £15m 12 months ago.The company used the occasion of its results to announce its acquisition of Read More…

Posidonia ‘on the move’

In response to the international maritime community’s growing demand for more floor space and improved services at next year’s Posidonia Exhibition, the organisers have announced the show’s switch to Metropolitan Expo, Greece’s largest and best equipped exhibition centre.

Managing Director Nana Michael and her team set the wheels in motion last year when India, China and many European countries submitted their early booking applications for more space to accommodate the Read More…

USCG extends DNV’s statutory authorisations

The US Coast Guard has extended DNV’s statutory authorisations under the USCG Alternate Compliance Programme to include Passenger Ship Safety Certificates. With this additional authorisation, DNV is the only classification society authorised to issue the full suite of statutory certificates for all ship types on behalf of the US.

Kenneth Vareide, DNV’s Director of Operations for maritime activities in North America, said: “This marks another milestone for DNV and this Read More…

Hellespont opts for Navig8 pool

Hamburg-based Hellespont Group has agreed with Navig8 Chemicals to enter four IMO2 tankers into the Brizo8 Pool.

The ships in question are the Hellespont Centurion, Hellespont Challenger, Hellespont Charger and Hellespont Chieftain. All are 17,000dwt, built in 2009 and 2010 and are managed by Hamburg-based Hellespont Ship Management GmbH & Co KG. Hellespont has also time chartered two 2010-built 17,000dwt IMO2 tankers, Hellespont Commander and Hellespont Crusader, for one/option one Read More…

Bibby Maritime Names Latest Fleet Addition

On Tuesday 12th April, the latest addition to the Bibby Maritime fleet, Bibby Tethra, was blessed at an official naming ceremony at Socarénam shipyard, Boulogne-Sur-Mer in France.

Named after a Celtic mythological creature, the 27.5m hydrographic survey vessel is equipped for a team of 16 personnel with eight cabins, a lounge and fully equipped kitchen.

The Catamaran will be chartered by Osiris Projects one of the UK’s leaders in Read More…

ClassNK President calls for increased leadership from class societies on emission reductions

Noboru Ueda, Chairman and President of ClassNK, has called for class societies to play a more central role in industry efforts to reduce maritime GHG emissions and to help unite different sectors of industry in fighting the issue.

During a speech at Sea Asia 2011 in Singapore, Mr Ueda, who is also Chairman of the International Association of Classification Societies, called for greater leadership from the classification sector and said Read More…