The U.S. and India agreed to beef up maritime security to prevent the use of shipping containers for smuggling weapons of mass destruction and other trans-national crimes, the Times of India reported. Reaffirming their commitment to the free flow of commerce and to the safety of navigation at sea, the two countries agreed to conclude a Maritime Cooperation Framework to enhance security on the high seas. This will allow the two sides to prevent piracy and other trans-national crimes at sea, carry out search and rescue operations, combat marine pollution, respond to natural disasters, address emergent threats and enhance cooperative capabilities, including through logistics support. (Source: Times of India)
May 26 1944 - USS England sinks fifth Japanese submarine in one week 1952 - Tests from 26-29 May demonstrate feasibility of the angled-deck concept conducted on simulated angled deck on USS Midway 1990 - USS Beaufort rescues 24 Vietnamese refugees in South China Sea May 27 1813 - American joint operations against Fort George, Canada 1919 - Navy NC-4 completes trans-Atlantic flight from Newfoundland to Lisbon, Portugal
As China’s international trade remains seemingly ever-growing, the country continues to seek diversified options for expanding its global trade. The prospect of Arctic shipping passages have generated much discussion throughout the industry, especially as weather trends seem to implicate a potentially vast opening of passable routes, most specifically for China in the Northern Sea Route. Executive Director of The Arctic Institute, Malte Humpert, conducted a study
Evergreen Line has announced a rationalization plan with the CKYH Alliance (Coscon, "K"LINE, Yang Ming, Hanjin Shipping) for the U.S. East Coast / Northwest Europe Service. The new service combines their Evergreen Line's Trans Atlantic string of North Asia-U.S. East Coast-Europe pendulum service (NUE) and the Alliance's existing Trans Atlantic service - loop1 (TAS1) into a new Trans Atlantic Express service (TAE) commencing September 2009.
Spain's refusal to allow the stricken tanker Castor into sheltered waters is hampering the trans-shipment of gasoline from its damaged holds, its owner Athenian Sea Carriers said on Tuesday. "All we're asking for is to come four to five kilometers (2/3 miles) off the coast where it is more sheltered for a safer trans-shipment," a company official said. Since the Castor, carrying 29,500 tons of gasoline, developed a 20-m crack in its deck 16 days ago it has approached Spain
NOIA President Randall Luthi issued the following statement on BOEM's conditional approval of Shell's revised Chukchi Sea exploration plan: The BOEM's (Bureau of Ocean Energy Management) decision to conditionally allow Shell to proceed with the carefully planned and coordinated drilling effort in Alaska is good news. The potential for energy development in the Chukchi Sea would allow Alaskans to benefit from well-paying jobs and resources to safeguard the environment
Following a meeting in Singapore, the CEOs of the Grand Alliance (GA) member lines engaged in the Trans Pacific trade, Hapag-Lloyd (HL), Nippon Yusen Kaisha (NYK), and Orient Overseas Container Line (OOCL), have announced that the GA will lay up vessels during the traditional slack season, effective 20 November 2006 (week 47). MISC Berhad, the fourth member of the Grand Alliance, is not engaged in this trade. The lay up will amount to approximately 3
US Pacific Fleet Commander Admiral Scott Swift has fired a broadside at China and other regional nations who are flouting international law in the South China Sea. Admiral Scott has warned that if bullying behaviour at sea of the kind shown by China is not confronted, it will spread to land and become a "friction point" there. His remarks are part of an escalating US campaign directed against Chinese land reclamation on reefs under Beijing’s
Tschudi Shipping Co., one of Norway's oldest shipping firms, will begin exploring the possibility of establishing a transshipment port in western Alaska, Lt. Governor Mead Treadwell said today. Treadwell, who leads the state's work with the eight-nation Arctic Council, applauded Tschudi's decision, saying it is a tremendous step toward developing Alaska's economic opportunities related to Arctic shipping. Tschudi Shipping Co
APL said today that 29-year veteran Bob Sappio, head of the shipping line’s PanAmerican Trades, will leave the company August 1 to remain in the San Francisco Bay Area. Sappio has been the head of APL’s Trans-Pacific Trade since 2003. He played a key role in establishing APL as the leader in the Trans-Pacific and in building its brand reputation for high-quality service in the industry, said Ron Widdows, CEO of parent company NOL Group.
U.S. President Barack Obama said on Saturday that countries should stop building artificial islands and militarising their claims in the disputed South China Sea. "For the sake of regional stability the claimants should halt reclamation
The World Trade Organization's Appellate Body ruled against the United States on Friday in a dispute with Mexico over tuna labelling, upholding an earlier ruling issued in April that found U.S. rules discriminated against Mexico. "The Appellate Body concludes that the United States
On August 16, 2015, the geographic North Pole was visited by a Russian surface ship for the one-hundredth time. The Russian nuclear icebreaker 50 Let Pobedy (50 Years of Victory) carried 106 tourists from 16 different countries. This was the icebreaker’s seventh cruise to the Pole just this
The principal difficulty for Arctic offshore drilling right now, according to oil industry think tank, is economic. The companies may be back for another try at Arctic offshore drilling, in U.S. waters or elsewhere, if economic conditions change, reports AP.
The massive dredging project, which is under-way on the bottom of the Gulf of Finland in Russia, reportedly a threat to the environment. But federal environmental protection agency of Russia, Rosprirodnadzor, has affirmed that it does not have a trans-boundary impact on water quality
Ocean freight rates for cargo moving under contracts on the major East-West routes have seen a sharp reduction since the beginning of the year, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight
Major container shipping rates plummeted again this week, with declines on the trunk Shanghai-Europe routes falling at record amounts, says Shangahi Containerised Freight Index (SCFI). A eport in ASC says that the SCFI for Far East to North Europe dropped by a staggering
Container shipping lines are poised to take delivery of a new generation of "megaships" over the next two years, just as the growth of world trade is slowing down, contributing to massive overcapacity in the market. Megaships, which can be up to 400 metres long, seem to be here to stay
Press release - While August is generally slower for Seaway traffic, U.S. ports handled a range of project cargo for their customers. “During the month of August, high value project cargo was on the move throughout the Great Lakes-St
Two joint-venture companies that NYK has established with Chubu Electric Power Co. Inc. each concluded a time-charter contract for a new liquefied natural gas (LNG) carrier with Chubu Electric Power Co. Inc. In addition, one of the joint-venture companies
Western Canada Marine Response Corporation (WCMRC) launched their newest oil spill response vessel in Burrard Inlet. The boat, named after former employee George Penman, was christened at a private ceremony in Coal Harbour. The $4.5 million G.M
Singapore-based liner trade division of The China Navigation Company (CNC) Swire Shipping has upgraded its multipurpose liner service coverage in the Asia Pacific region. The company’s dedicated Trans-Tasman service operating between New Zealand and Australia will be enhanced to
Oil rocketed as much as 10 percent higher on Thursday, posting its biggest one-day rally since 2009 as recovering equity markets and news of diminished crude supplies set off a short-covering surge by bearish traders. Snapping back from a deep two-month slump that reached 6-1/2 year lows
The Port of Long Beach’s Security Division has been awarded $3.4 million in Federal Emergency Management Agency (FEMA) grants to fund ongoing projects that protect the port. The grants will enhance port security systems such as physical security equipment and monitoring and detection
Orient Overseas (International) (OOIL), the parent company of Orient Overseas Container Line (OOCL), said its profit had risen 32 percent year on year (y/y) to $238.6 million in the first six months of 2015, due cheaper fuel costs helped it tide over a slump in freight rates.