ISO 30000, which provides specifications for ship recycling management systems is now being implemented through the use of independent third party certification. Charles Piersall, chairman of the International Organisation of Standardisation (ISO) committee responsible for the new rules, says they will provide greater adherence to internationally recognis...
OptiMarin AS has received Type Approval Certificate for the OptiMarin Ballast System (OBS). The Type Approval Certificate has been issued by Det Norske Veritas (DNV) on behalf of the Norwegian Maritime Administration and confirms OptiMarin’s compliance with IMO’s International Convention for the Control and Management of Ship’s Ballast Wat...
Star Bulk Carriers Corp. (NASDAQ: SBLK), announced that its Board of Directors declared a cash dividend of $0.05 per outstanding share of the company's common stock for the three months ending September 30, 2009. The dividend is payable on or about December 4th, 2009 to shareholders of record as of November 27th, 2009. The Company received written consent ...
The 580-ft barge La Princesa remains aground north of Sandbridge Pier in Virginia Beach. Titan Maritime, LLC, continues preparations for salvaging the vessel and will attempt to begin operations when weather and sea conditions permit. Members of the Coast Guard’s Atlantic Strike Team, the Virginia Port Authority’s Maritime Incident Response Te...
Less than 24 hours after Hurricane Ida reached the coast of La., trucks were leaving Tideland Signal’s factory loaded with solar powered marine beacons and fog signals desperately needed to mark the Gulf Coast’s vital offshore oil wells. Emergency spares, sent to replace existing equipment damaged during the hurricane, arrived at coastal...
Total Terminals International’s port of Oakland facility will receive Maersk Line’s two scheduled Wednesday vessel services - TP5 and TP7 - from January 2010. TTI said the calls were won despite competition from several rival US West Coast terminal operators and would deliver some 60,000 lifts per year for the terminal. Both Maersk Line servi...
Norwegian Cruise Line (NCL Corporation Ltd. or "the Company") today reported results for its third quarter ended September 30, 2009. EBITDA in the period improved by 7.1% to $151.6 million versus $141.5 million for the same period in 2008. The improvement in EBITDA was achieved despite a decline in Net Revenue in the third quarter of 15.3%. This decline res...
Hanjin Shipping Co., Korea’s largest shipping line, said that it posted a loss in the third quarter on falling shipping rates. The company posted a net loss of 421 billion won ($362 million) in the July-September period, compared with a profit of 31 billion won a year earlier. Sales dropped 30 percent to 1.78 trillion won, while the company also suffe...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi