Greek Shipping News Cuts
Week 16 - 2010


Gov't poised to lift cabotage

---The government is poised to lift cabotage restrictions soon, deputy culture and tourism minister Angela Gerekou said on Wednesday, during a morning meeting of the Association of Greek Tourism Enterprises (SETE).
Gerekou said the government's decisions on lifting cabotage are "in the final stretch", stressing that the decisions would be "taken soon, and when the conditions allow it".

Greek PM Papandreou outlines actions to boost Greek tourism
---Prime Minister George Papandreou on Wednesday announced an action package to boost Greek tourism, while addressing the 18th regular general assembly of the Federation of Greek Tourist Enterprises (SETE) at the Athens Concert Hall (Megaron).
Responding in particular to the steadfast demand of tourist agencies for the lifting of cabotage, he announced that a dialogue will be held with all the agencies involved by the end of May, so that the lifting of cabotage for cruises can go ahead immediately.
In parallel, in order to protect working people in shipping and to increase employment in the sector, the government is planning, as he said, the upgrading of training and preparation for seamen of hotel specialties and the promotion of Greek seamen to positions of responsibility in cruise companies through government agencies.
The prime minister also made an announcement concerning company costs at Greek airports and which will lead to the attraction of low cost airline companies and tour operators/charter operators for the development of tourism.
Papandreou announced the exemption from the payment of aircraft landing and stay dues at all Greek state-run airports (with the exception of Athens International Airport) for this year's summer period and the 50 percent exemption in the winter months.
With the exception of Eleftherios Venizelos airport in Athens, as he stressed, no aircraft at any airport in the country will be paying landing and taking off dues throughout the summer. The final release of the land service market at the country's airports was also announced.
Papandreou also referred to targeted measures that decrease the country's cost for the tourist and provide incentives for visitors to come to Greece. In this framework, he announced drastic decreases in the cost of obtaining a "visa" for tourists coming from new, dynamic and developing markets, such as those of Russia, Ukraine and Belarus.
In another development, two new programmes totalling 100 million euros will be proclaimed for the renovation of small tourist enterprises with small loans, as well as bigger tourist enterprises with loans of a larger budget.

Visitors and exhibitors will also benefit from the week-long Posidonia sports festival which this year will see the 5th anniversary edition of the Lloyds Register-sponsored Posidonia Sailing Cup, the 2nd Posidonia Shipsoccer Tournament sponsored by Castrol Marine and the eagerly awaited inaugural Golfplay Tournament. The Golf Tournament, to take place at the Glyfada Golf Course, is a new event in the Posidonia programme, as it has been a long-standing request of the exhibition participants.
Posidonia 2010 is sponsored by the Ministry of Economy, Competitiveness and Shipping, the Municipality of Piraeus, the Hellenic Chamber of Shipping, the Union of Greek Shipowners, the Greek Shipping Co-operation Committee, the Hellenic Shortsea Shipowners Association, the Association of Greek Passenger Shipping Companies and the Union of Marine Enterprises.
For additional information, press enquiries should be directed to:
Stavi Spanou, Press Officer, tel.: +30 210 9609738, e-mail:
Theodore Vokos, Project Manager, tel.: +30 210 4283608, e-mail:

Samsung wins $660m deal from Greek interests
---Aristides Alafouzos-controlled Kyklades Maritime and an unnamed Greek shipowner have placed orders for up to 12 aframax tankers at Samsung HI worth $666m. Confirming the orders, the South Korean shipbuilder said two owners are involved and the deals are for nine firm with options for three more of the 110,000dwt units. The options are open to end May.
The firm tankers are worth $500m and are due to be delivered between late 2011 and mid-2012. If the options are taken up, the project could run to over $666m.
As Newsfront reported last issue Alafouzos was in close negotiations for five aframaxes, though the size was thought to be 115,000dwt. Martinos' interests are thought to be the other owner interests involved. Thenamaris/Dinos Martinos and Eastern Mediterranean/Thanassis Martinos and Minerva Marine/Andreas Martinos have been building ships.
Samsung has recently secured orders from Greece's Target Marine for two firm vessels plus two options; Stena Bulk has ordered six suezmax tankers in partnership with Angolan oil company Sonanagol; Nordic American Tanker Shipping ordered two 158,000dwt tankers for delivery in the third and fourth quarters of 2011, while Concordia Maritime has ordered one ship.
Meanwhile, the Tsakos Group and its NYSE-listed Tsakos Energy Navigation (TEN) are reportedly close to ordering an ultra-deepwater drillship with a total project cost of $620m, having secured a price reduction of $200m after "months of negotiation" with an unspecified South Korean shipyard. According to a report in Lloyd's List, the order depends on Tsakos firming up a five-year t/c for the unit with an unspecified "national oil company".
Legal language in the existing contract and not the commercial terms of the five-year drilling deal have to be cleared, which issue is being handled by TEN's deputy chairman Michael Jolliffe. A formal newbuilding announcement could come by the beginning of next month, according to Jolliffe. As Jolliffe is handling the charter details, it's expected any newbuilding order would be placed through TEN, but board approval would have to be sought. A board meeting is set for June.
Norwegian group Marine Subsea is understood to be Tsakos' partner in the drillship order currently being hammered out. Marine Subsea signed an LOI in September 2008 with Tsakos Commerce and established a jv, TEN Marine Subsea Drilling. Angola's Sonangol is also in the jv, with Tsakos and Marine Subsea holding 40% stakes and the Angolans 20%. The venture plans a ultra-deepwater drillship capable of operating in 10,000ft (3,048mtr) of water for operation in West Africa with planned start-up first half of 2012.
-- Filed: 2010-04-22

Safe Bulkers orders two kamsarmaxes from China
Nigel Lowry - Monday 19 April 2010
---GREECE-based dry bulk owner Safe Bulkers has moved swiftly to spend some of the proceeds of a recent follow-on share offering by clinching orders for two kamsarmax bulk carriers at a Chinese shipyard, writes Nigel Lowry in Athens.
The two 82,000 dwt bulkers, priced at $32.2m each, are scheduled for delivery in the fourth quarter of 2011 and first quarter of 2012.

Asians set to take the lead at Posidonia 2010
---Athens: The organisers of this year's Posidonia taking place June 7-11 at the Hellenikon Exhibition Centre expect a record Asian contingent to take attendance to a new height, with a sold-out floor space of more than 30,000 square metres and nearly 1,800 exhibitors from 86 countries. They point to a recent Euro 750m spate of new ship building orders by Greek shipowners and the findings of an international report which indicates that market confidence in the global freight market is at a 15-month high, as "a double boost (that) signals a cause for optimism for the Greek economy." An estimated Euro 50m will be generated by the 10,000 international visitors who will attend what is described as the world's most influential shipping event. [23/04/10]

Andriaki to install VSAT
---Andriaki Shipping of Athens, Greece, has agreed a deal with Setel Hellas to install CapRock VSAT communication services aboard an unspecified number of ships.
Andriaki will use the VSAT service to expand its corporate IT network and enhance software applications within its vessel environment, and to provide onboard welfare services.
Under the terms of the agreement Setel, in a cooperation with CapRock Communications, will provide Andriaki Shipping with a managed turnkey service enabling VoIP, internet access, e-mail service, crew-calling and corporate networking capabilities.
The companies say that the satcom connection will be used for the real time exchange of reports and monitoring data between Andriaki vessels and shore offices.
Andriaki manages vessels of various types and sizes, including both tankers and bulk carriers, all flying the Greek Flag.
Source: /

Cardiff fleet of 97 goes paperless
---(Apr 23 2010). Transas has agreed a fleet supply order with Greek ship operator Cardiff Marine, whereby Transas will equip 97 vessels with its dual ECDIS system.
Under the three-year contract Transas will supply and install dual ECDIS systems aboard the fleet of 66 bulk carriers and 31 product tankers and VLCCs.
This also includes installations on ten newbuilds and four drilling vessels.
Along with ECDIS, the contract includes the supply of the Transas Admiralty Data Service (TADS), which will provide Electronic Navigation Charts (ENCs), Admiralty Digital Publications (ADP) and the Transas TX-97 world chart folio as a basic set-up for each installed unit.
All vessels will shift to paperless navigation immediately after the systems have been commissioned.
Navigators from the vessels will be trained, under Transas supervision, at designated training centres equipped with Transas simulators, including the Cosmos Training Centre and EIM Training Centre in Piraeus.
The first systems have already been installed at a Shanghai shipyard.
In other news, Transas has also launched a new DNV-certified solution for direct connection and communication between shore and Transas ECDIS and radar on ships, via the Transas Firewall and Antivirus Protection system (TFAP).
TFAP is used for safe transfer of data such as ENCs, chart updates, and weather forecasts.
Transas dual ECDIS with online connection via TFAP has already been installed on two vessels operated by the Five Star Shipping Company.
Both vessels have navigated paperless since launch, and receive ENCs and chart updates via their broadband connection directly onboard into the ECDIS.

22/04/2010: Vessels' Inspections in the Region of Tokyo MoU in 2009
---Data pertaining to the inspections of vessels in ports of countries within the region of Tokyo MoU throughout 2009 were recently published. The report includes the concentration inspection campaign carried out in the period September-November, which aimed at the identification of the level of maintenance of lifeboats and the familiarization of crew with procedures of their safe usage in case of emergency.
The results of the inspection of vessels of the world fleet and HELMEPA member vessels in the ports of the 18 countries in Eastern Asia and the Pacific Ocean, which constitute the Tokyo MoU region, are shown in the following table:
Data World Fleet HELMEPA Members
Number of Vessels 13,176 122
Number of Inspections 22,944 172
Inspections / Vessel 1.74% 1.41%
Number of Deficiencies 86,820 325
Deficiencies / Vessel 6.58% 2.66%
Deficiencies / Inspection 3.78% 1.89%
Maritime Safety 16.3% 16.9%
Fire Protection 16.8% 13.2%
Life Saving 13.9% 12.4%
Main + Auxiliary Engines 6.5% 10.4%
Number of Detentions 1,334 2
Detentions / Vessel 10.1% 1.6%
Detentions / Inspection 5.8% 1.2%
The process of the reported data demonstrates that the level of preparedness of HELMEPA member vessels is considerably higher than that of the vessels of the world fleet. Therefore, the motto "The Greek Seafarer = Filotimo + Training + Readiness" of the 2010 Voluntary Refresher Training Program of HELMEPA is justified.
The higher percentages of deficiencies however, noted in the areas of navigational safety and main and auxiliary engines, need special attention. We believe that the two-day repeated seminar titled "Vessel's Successful Port State Inspection" included in this year's voluntary refresher training program of HELMEPA, will contribute to the better information of the officers who attend it. Topics related to the preparedness of the vessel and her crew, cooperation between ship and port authority, compliance with MARPOL, ISM as well as other Conventions and regulations are presented by lecturers from 4 member classification societies and the Maritime Training Center of HELMEPA.

Union of Greek Shipowners launches Educational Project in Conjunction with Posidonia 2010
The UGS will guarantee that all donations will be put to use and that each contributing exhibitor will be given credit in a number of ways.