Hyundai Heavy Foreign Ship Orders At $440M South Korea's Hyundai Heavy Industries Co. won $440 million in foreign shipbuilding orders for 11 vessels so far this month. The details are as follows: -Taiwan's Yangming Marine Transport Corp. ordered two 5,500 teu container carriers -A Greek shipping firm ordered two 172,000 dwt bulk carriers -An Indian shipping firm ordered one 75,000 dwt bulk carrier -South Africa's Safbulk ordered four 172,000 dwt bulk carriers -Turkey's Besiktas ordered one 165,000 dwt crude carrier -Liberia's Countess Shipping ordered one 73,000 dwt oil product carrier
A leading maritime company has launched a push to prevent hundreds of dangerous, unseaworthy ships from being detained at Australian ports. Australian Reef Pilots (ARP) has started providing ship safety audits at overseas ports to assess whether foreign ships bound for Australia are up to standard. ARP General Manager Alan Maffina said the Australian Maritime Safety Authority (AMSA) aimed to randomly inspect about 80% of vessels calling at Australian ports and would not hesitate to delay
Japanese shipyards received foreign orders for 21 vessels totaling 581,100 grt in July, down 39.6 percent from a year before, the Japan Ship Exporters' Association reported. Nineteen orders were for bulk carriers and two for freighters, it said. The statistics include orders association members received for steel vessels of 500 grt or more.
The US Department of Justice said that a foreign ship operator was fined $400,000 (and assessed a $100,000 community service payment) for violation of the Act to Prevent Pollution from Ships (APPS) by failing to maintain an accurate oil record book. The company was also placed on probation for three years, during which time its ships will be banned from US ports and waters. The Department of Justice has requested the court to award half of the fine ($200
Japanese Prime Minister Yoshihiko Noda emphasized the importance of Japan's Self-Defense Force (SDF) during his fleet inspection. PM Yoshihiko Noda considered that the role of the SDF is increasing following emerging territory issues. Forty-five vessels participated in the event including ships from the United States, Australia and Singapore navies. It was the first participation of foreign ships in the MSDF fleet review since 2002, media reported.
Shanghai port container throughput rose 3.3 percent to a record 33.6 million TEUs (twenty-foot equivalent units) last year, according to official data just published, reports Xinua. According to the Chinese news agency, the city first became the world’s biggest container port in 2010 when it surpassed Singapore, and 2013 also saw a range of achievements in Shanghai shipping: the official opening of two-way traffic in the main channel of Yangshan Deep-water Port in October could help
The Senate passed the Coast Guard Authorization Act of 2004. Negotiations can now commence to resolve differences between this bill and the version adopted by the House of Representatives some time ago. The major difference between the two bills regards security plans for foreign vessels subject to the ISPS Code. The House bill would, in accordance with language in the Maritime Transportation Security Act of 2002 (MTSA)
The Federal Court of Appeals (FCA) of Canada ruled that the government is not liable for the extended detention of a ship based on an allegedly negligent port state control (PSC) inspection. In the instant case, a Canadian PSC boarding officer determined after a somewhat cursory inspection that certain frames on the foreign ship were excessively wasted and must be replaced before the ship could depart port. The trial court determined that the detention was not in accordance with
According to the Jakarta Post, police had confiscated a foreign ship and arrested six crew members for trying to smuggle ancient artifacts out of Indonesia. The arrest followed tip-offs from the Culture and Tourism Ministry and the Maritime Affairs and Fisheries Ministry. The Vanuatu-flagged ship, Sirens, was being held at Tanjung Priok Port after ancient artifacts from Cirebon were found on board. The boat's captain did not have a permit from the Culture and Tourism Ministry to carry such
China's shipbuilding sector has picked up speed, with economic performance, product quality and manufacturing capability improving rapidly. According to Asia Pulse via Yahoo!, the output value of the industry has been growing at an average annual rate of 26 percent in the 2000-2004 period. Since the 10th five-year plan period, the industry has realized 31 per cent growth in total output value and 35 per cent growth in sales revenue.
One sign of change in Iran as it works toward a nuclear deal with world powers is the way it is feeding itself, with private grain firms beginning a slow return to their traditional role as major food commodity importers. Iran was never barred from buying food under sanctions imposed by the
India awaits with heightened expectations for the Union Budget to be announced on 10th July, 2014 by the New government headed by Narendra Modi who is considered to have a very progressive outlook and set on bringing in rapid development in the country.
Marathon Petroleum Corp is poised to expand its growing Midwest and Gulf Coast fuel trading operation to the East Coast with Thursday's deal to buy Hess Corp's retail network and transport contracts. The purchase will give Marathon control of Hess's gasoline stations and access to pipelines
The Director General of the Danish Maritime Authority Andreas Nordseth recently attended the naming ceremony of Evergas’ new gas tanker that is to carry petrochemical gas for use in the plastic industry. It is Evergas’ first vessel under the Danish flag.
The U.S. Coast Guard concluded icebreaking operations on the lower Great Lakes, Monday, more than four months after it started, Dec. 15, 2013. Operation Coal Shovel is a binational domestic icebreaking effort covering the St. Lawrence Seaway, Lake Ontario, Lake Erie, the Detroit/St
China signaled that it will cut its vast shipyard army to get industrial growth back on a healthy track this year, as its earning ability falters amid cheap vessel prices, blind expansion and speculation in the shipbuilding sector, according to Xinhua.
Ships without P&I insurance for maritime claims must inform the Danish Maritime Authority about their insurance Danish ships with a gross tonnage of or above 300 without a Certificate of Entry in a P&I Club from the international group of P&I clubs must inform the Danish Maritime
The U.S. military carried out freedom of navigation operations challenging the maritime claims of China, Iran and 10 other countries last year, asserting its transit rights in defiance of efforts to restrict passage, a Pentagon report said on Thursday.
President Barack Obama last week announced 11 nominations to key Administration posts. Among them was William P. Doyle, who currently serves as a Commissioner of the Federal Maritime Commission. William P. Doyle currently serves as a Commissioner on the Federal Maritime Commission (FMC)
Last week Commissioner William P. Doyle of the Federal Maritime Commission (FMC) briefed the full Commission with a report on his work seeking clarity and certainty on the People’s Republic of China’s (PRC’s) implementation of the Value Added Tax (VAT) as it relates to maritime
The International Chamber of Shipping (ICS) has written to the French Government to raise concerns about a new requirement for foreign shipowners to provide information to their French customers about CO2 emissions. The new rules apply a detailed methodology that has not been discussed
The International Chamber of Shipping (ICS), the global trade association for shipowners, has written to the French Government to raise concerns about a new requirement for foreign shipowners to provide information to their French customers about CO2 emissions
The cargo ship 'Inzhener Trubin' has left Petropavlovsk-Kamchatsky, where it had made a stopover on the way from Yamal’s Sabetta port through the Northern Sea Route to China. The voyage, part of the Tyumen-Sabetta-China expedition, will see the vessel deliver products from domestic SME's
The Dutch Authorities have launched an online Maritime Labor Complaint Form for seafarers, on the day of the entry into force of the Maritime Labor Convention 2006 on August 20, 2013. The Netherlands is committed to ensuring that seafarers who serve on Dutch-flag ships have decent working and
With Western Sanctions increasingly tightening on Iran, the country has taken delivery of several new oil tankers as it must rely on its own fleet capacity to help sustain crude export shipments, Reuters reported. Sanctions by the U.S. and Europe have severely reduced Iran’s oil Exports