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Souri quits NITC
(Feb  3  2012)
- Mohammad Souri, NITC chairman and chief executive, has stepped down after 26 years at the helm. >>more

Samho Dream’s crew claim non-payment of wages
(Feb  3  2012)
- The crew of the recently auctioned VLCC ‘Samho Dream’ claimed that they have not been paid, a Chinese news source reported. >>more

Seafarer fatigue research results revealed
(Feb  3  2012)
- Major advances in the scientific understanding of the way in which watchkeeping patterns can affect the sleepiness levels of ships’ officers have been claimed in a new report, following a major research project. >>more

Crude Carriers acquisition hits CPP's 4Q11 net income
(Feb  3  2012)
- Capital Product Partners (CPP) announced that its net income for the fourth quarter of 2011 was just $1 mill.  >>more

SAMI launches security companies' accreditation programme
(Feb  3  2012)
- The Security Association for the Maritime Industry (SAMI) has launched an International Accreditation Programme for private maritime security companies (PMSCs).  >>more

STS base opens up in Sri Lanka
(Feb  3  2012)
- GAC’s in-house ship-to-ship (STS) transfer concern GAC Transfer Services (GTS) has opened a new fully-equipped base in Sri Lanka. >>more

IP's products pass cargo tank tests
(Feb  3  2012)
- International Paint’s (IP) principal anticorrosive primers and shop primers have passed the IMO PSPC COT laboratory tests in accordance with the IMO MSC.288 (87) SOLAS regulations for cargo oil tankers. >>more

McQuilling opens up in Rio
(Feb  3  2012)
- Leading tanker broker and consultancy McQuilling Partners group has formed a subsidiary in Rio de Janeiro to cater for oil, gas and drybulk services.  >>more

Frontline diversifies into MRs - large tankers leave the fleet
(Feb  3  2012)
- John Fredriksen’s Frontline has diversified into the chemical/product carrier market by ordering six MR1s from STX Jinhae for $32.5 mill each, broking sources said.  >>more

Changes at ISU and Stone Marine
(Feb  3  2012)
- The International Salvage Union (ISU) has appointed Mark Hoddinott to succeed its secretary general, Mike Lacey, on his planned retirement at the end of 2012.  >>more

Wärtsilä completes Hamworthy deal
(Feb  3  2012)
- Wärtsilä's acquisition of Hamworthy became effective on 31st January.  >>more

DNV approves Kongsberg's bridge simulator
(Feb  3  2012)
- Kongsberg Maritime has received a DNV approval its Polaris bridge simulator in the category ‘Bridge Operation Simulator’.  >>more

Braemar rebrands subsidiaries- looses Turner
(Feb  3  2012)
- Braemar Technical Services (BTS), the marine and offshore technical services arm of the Braemar Shipping Services Group, has rebranding its business units.  >>more

Vizada chalks up a century of broadband bundle sales
(Feb  3  2012)
- Vizada, part of Astrium Services, recently won its 100th contract for its global maritime broadband bundles. >>more

ECDIS and comms package offered
(Feb  3  2012)
- Consilium and Orange Business Services have launched a paperless navigation solution aimed at extending ECDIS over the world’s largest MPLS-based network.  >>more

Wissol Petroleum opts for Emerson flowmeters
(Feb  3  2012)
- Georgian bunker supplier JSC Wissol Petroleum Georgia has installed Emerson flowmeters on board its 1,620 cu m bunker tanker ‘Wissol Bunkering’. >>more

BLT suspends share trading and stops servicing debt
(Jan  27  2012)
- Indonesian chemical and gas shipping company PT Berlian Laju Tanker Tbk (BLT) said late on Thursday it will stop servicing its debt in a move that will affect $418 mill in repayments. >>more

Pertamina ramps up domestic fleet
(Jan  27  2012)
- Indonesian state oil and gas company, Pertamina, plans to purchase 15 tankers for around $370 mill in the next two years. >>more

Brennan leaves Heidmar
(Jan  27  2012)
- In a shock move, Heidmar CEO Tim Brennan has resigned following 19 years with the company. >>more

Stolt-Nielsen marks time
(Jan  27  2012)
- Stolt-Nielsen (SNI) reported a fourth quarter of 2011 net profit of $22.2 mill, with revenue of $512.9 mill, compared with $22.4 mill and $529.8 mill, respectively, in the third quarter.  >>more

DHT stays in compliance with its loan to value covenant
(Jan  27  2012)
- Large tanker owner DHT said that revenue for the fourth quarter of last year was slightly down at $25.3 mill, compared with $26.6 mill in the previous quarter.  >>more

LNG boosts Exmar's results
(Jan  27  2012)
- Belgian-based gas carrier owner and manager Exmar reported EBITDA for 2011 of $139.9 mill and an operating result of $37.3 mill.  >>more

Pirate attacks on tankers continue - none successful
(Jan  27  2012)
- Piracy incidents reported recently involving tankers included an attack on an unnamed Singapore flag products tanker.  >>more

Bundled communications package for Frontline
(Jan  27  2012)
- Frontline has signed up to Inmarsat XpressLink for more than 100 vessels from its existing fleet plus its planned newbuildings. >>more

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