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MARITIME ENTERPRISES

World Maritime Day Celebrates International Shipping

Today marks the 28th celebration of World Maritime Day, the annual occasion when the International Maritime Organization (IMO) leads the world in honoring shipping. This year the theme for World Maritime Day is International Shipping - Carrier of World Trade and is intended to highlight the importance and significance of shipping along with IMO's work in promoting safety, security and efficiency in the industry together with protecting the marine environment. The Organization's work is accepted as a key element in supporting shipping's indispensable role in sustaining world trade. Addressing the international maritime community in his World Maritime Day message, IMO Secretary-General Efthimios E. Mitropoulos has highlighted the fact that "shipping affects us all. No matter where you may be in the world, if you look around you it is almost certain that you will see something that either has been, or will be, transported by sea, whether in the form of raw materials, components or the finished article." Mitropoulos said: "The sea knows no international boundaries and, although most maritime enterprise takes place out of sight of land, the ship is as important now as it ever was, perhaps more so. Standards of living in the industrialized and developed world, the jobs and livelihoods of billions in the developing world, all depend on ships and shipping


Enterprise Strike Group Exemplifies CNO's Maritime Strategy

The Chief of Naval Operations (CNO), Adm. Gary Roughead, along with the Commandant of the Marine Corps (CMC), Gen. James Conway and Commandant of the Coast Guard, Adm. Thad Allen released the "Cooperative Strategy for 21st Century Seapower" on Oct 17. As the maritime strategy was released, Enterprise Strike Group (ENTSG) was executing it while forward deployed in the 5th Fleet area of operations. The new strategy stresses the importance of the Navy's core capabilities of forward presence


Port Fined for Security Breaches

The Coast Guard recently slapped the Port of Beaumont with $16,000 in fines for three incidents of security breaches. All three incidents, considered violations of the Maritime Transportation Security Act of 2002, occurred during the last year, Beaumont Enterprise reported. Citing port security, details of how the three violations occurred were at a minimum. The Maritime Transportation Security Act outlines security procedures ports must follow


Attica Acquires Stake In Strintzis

Passenger shipping firm Attica Enterprises signed an agreement with shareholders of Strintzis for the acquisition of an approximate 38 percent stake in Strintzis. Under the agreement, Strintzis' shareholders will receive Attica Enterprises shares participating in a forthcoming capital increase of Attica Enterprises. Attica Enterprises will participate with five members in the nine-member board of Strintzis, while Strintzis' managing director and chairman will join Attica Enterprises' board


Krishnapatnam Port Wins Seatrade CSR Award

CSR Award Moment - Krishnapatnam Port

Widely recognized for excellence in Corporate Social Responsibility, Krishnapatnam Port Company Limited was declared winner of 2014 Seatrade Maritime Awards in the category Corporate Social Responsibility. The award presentation took place during the  Dubai Maritime Week wherein the annual Seatrade Maritime Awards was hosted on Monday 27 October 2014. In all 14 entrants vied for this prestigious award. Krishnapatnam Port which is just in its seventh year of operations has created a


Ireland Ratifies the MLC

Ireland’s Minister for Transport, Tourism and Sport, Paschal Donohoe TD and the Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, today announced the ratification by Ireland of the Maritime Labor Convention (MLC), which sets standards for working and living conditions for seafarers. From July 21, 2015, Ireland will be a party to the Convention and will implement the requirements contained therein


Dutch Maritime Lab Offers Free Tank-Test Slots

Image courtesy of MARIN

MARIN has launched an intitiative offering 6 free basin slots of two weeks (80 basin hours including advice by a qualified test engineer) to qualified 'small & medium enterprise' (MKB) clients. This initiative is launched to stimulate innovation in the Dutch maritime sector and to lower the threshold for MKB (Small & Medium Enterprise) clients to test their new ideas/concepts. These tests allow feasibility checks and improvements in an early phase of a new concept developments


USS Alexandria Receives MUC Award

By Lt. James Stockman, Commander, Navy Region Northeast Public Affairs The crew of USS Alexandria (SSN 757) received the meritorious unit commendation award, Nov. 26, for their 2006 deployment with the Enterprise Strike Group to the 5th, 6th and 7th Fleet areas of operation. Alexandria, a Los Angeles-class nuclear powered submarine, was recognized for its achievements during its deployment from May to November 2006 in support of Operations Iraqi Freedom


Security Council Formed With Assistance From Savi Technology

Every day, about 17,000 cargo containers enter U.S. ports, yet only one or two percent of them is routinely inspected. Since Sept. 11, government officials and global supply chain experts have been focusing on vulnerabilities and potential solutions to help ensure that weapons of mass destruction are not concealed in international cargo shipments. The formation of a new group of prominent supply chain thought leaders experienced in both the private and public sectors is being announced at


China, UK Groups, Sign Up to Shipping Services Cooperation

Lord Mayor Fiona Woolf: Photo courtesy of her website

The Chinese and British shipping industries are set to take their mutual cooperation to a higher level following the recent signing of a memorandum of understanding (MOU) reports Xinhua. The MOU was signed by the Lord Mayor of London, Fiona Woolf; the Vice President of the Investment Committee at China Merchants Group, Yu Liming; the chairman of Maritime London Jeffrey Evans, and the chief executive of Maritime London Doug Barrow.


Enterprise: Clients Must Pay for Dock Work

Enterprise Products Partners LP said on Wednesday that companies using its crude oil storage facility in the Houston Ship Channel must pay extra for dock services, brushing off complaints from client BP Plc .   "We believe if you want a service, you pay for it


China's VLCC, PetroChina Seals Crude Shipping Deal

Pic by China Merchants Energy Shipping

 China VLCC, a joint venture between China Merchants Energy Shipping (CMES) and Sinotrans&CSC, has signed a two-year crude shipping contract with Dalian-based West Pacific Petrochemical (Wepec), operated by PetroChina.  The contract will be extended by one year with approvals from


Vietnam Seeking Private Investment in Ports

Cai Mep International Terminal (Photo courtesy of Maersk)

Vietnam's Ministry of Transport is seeking private sector investment for construction of seaports, Vietnam Briefing reported last week. The Vietnam Maritime Administration will announce a list of 42 maritime infrastructure projects, including 18 seaports, looking for private investment


Shipbuilder CTruk Awarded Round 6 RGF Grant

   An artist rendering of the completed Advanced Composite Technology Centre (Photo courtesy of CTruk)

Essex-based shipbuilder CTruk received a £1 million ($1.5 million) grant for the construction of an Advanced Composite Technology Centre from the UK Government's Regional Growth Fund, the office of Deputy Prime Minister Nick Clegg announced today.


Greek Port Privatization at Cross Roads

Image Credit: Thessaloniki Port Authority

The privatization of the port authorities of Piraeus and Thessaloniki has become bone of contention for the government, reports Kathimerini.  The finance ministry is in favor of the privatization of Piraeus Port Authority [OLP] and it wants to encourage privatization move


USCG Rescues 4 Mexican Poachers

87-foot Coastal Patrol Boat (WPB) - Marine Protector Class : USCG

  Coast Guard crews rescued four Mexican nationals from their sinking boat Saturday, after they were spotted illegally fishing north of the U.S./Mexico maritime border. At approximately 8 p.m. Saturday, a crewmember aboard the Coast Guard Cutter Brant, an 87-foot coastal patrol boat


Nigerian Council Moots New Agenda for Maritime Industry

Pic: Nigerian Port Authority

Nigeria needs a new Economic Agenda for the maritime sector that would look into port reforms and local participation policies, port concession and terminal shipping elements, as well as the Cabotage Act (Coastal and Inland Shipping), says Chief Kunle Folarin, the Chairman


Sortland Named CEO of Global Maritime Group

Peder Sortland (Photo courtesy: Global Maritime Group)

Global Maritime Group has appointed Peder Sortland as its first CEO. Sortland comes from the post of CEO at Apply ASA, and knows part of the group well from holding the position as chair of Global Maritime AS since April 2014. Before joining Apply in 2012


Carnival, China Merchants Sign MOU

MOU will explore both Port & Destination Development and Ship-Owning joint ventures with the goal of potentially launching China’s first world-class domestic cruise brand.   Carnival Corporation & plc has  signed a memorandum of understanding (MOU) with China Merchants


Enterprise Contracts to Boost U.S. Crude Exports

Enterprise bumps up exports through annual contracts; signs 2015 contracts with PDS, Vitol; seeks one more term buyer. U.S. exports of condensate have been given an important boost after pipeline company Enterprise Products Partners LP agreed annual contracts with at least two major trading


New UK Tax Could Hit Offshore Sector

Sue Bill (Photo courtesy: Moore Stephens)

Companies in the offshore maritime sector could be among those hit by a 25 percent Diverted Profits Tax (DPT) charge under draft UK legislation scheduled to enter force in April 2015, international accountant and shipping adviser Moore Stephens said.


Greencarrier Freight Services Achieves ISO Standards

Georg Skivik Moltu (Photo courtesy: Greencarrier Freight Services)

Greencarrier Freight Services’ business has strengthened its position in the energy and project forwarding markets by achieving management (ISO 9001) and environmental (ISO 14001) certification for its Energy & Project Business Unit.


Singapore's Maritime Industry Reports Strong Performance

Image: Port of Singapore

Singapore continues to be the world's top bunkering port, while its annual vessel arrival tonnage also saw growth in 2014, according to advance estimates announced by Transport Minister Lui Tuck Yew. The Port of Singapore maintained its position as one of the busiest in the world as it recorded


Vietnam to Protect Domestic Fleet

Image: Vietnam Maritime Administration

Vietnam says no to foreign firms to provide container transportation service on domestic routes, says a report published in VietNamNet Bridge. The Vietnam Maritime Bureau (Vinamarine) has sent a dispatch to the Ministry of Transport (MOT) seeking to continue policies to protect its fleet in the


China Rolls Out 2020 Shipping Development Plans

China

 The Ministry of Transport, China has released a development guidance to establish a modern shipping service system by 2020 and to boost the development of the shipping industry. With the aim to establish a modern shipping service system by 2020 and to boost the development of the shipping






 
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