Classification society ClassNK has issued Statements of Compliance (SoC) to two ship recycling facilities in Gujarat, India, Shree Ram Vessel Scrap Pvt. Ltd and Leela Ship Recycling Pvt. Ltd, verifying that the facilities are in line with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (HKC). Although the HKC has yet to enter into force, Shree Ram and Leela have both carried out substantial improvements to their facilities in a bid toward safer and greener ship recycling as well as developed the Ship Recycling Facility Plans (SRFPs) required for a competent authority’s certification according to the HKC, according to the class society. ClassNK reviewed the SRFPs prepared by Shree Ram and Leela, which comply with requirements of the HKC, and confirmed that their ship recycling processes follow their respective SRFPs in addition to conducting on-site inspections before issuing the SoC. The SoC are issued based on purely technical verifications of the facilities by ClassNK, which has so far done the same for ship recycling facilities around the world.
China reacted with anger Tuesday after the Group of Seven foreign ministers released a statement a day earlier voicing strong opposition to “unilateral actions” in the East and South China seas. "China is strongly dissatisfied with relevant moves taken by G-7," Chinese Foreign Ministry spokesman Lu Kang said. His statement added: “We urge the Group of Seven member states to honor their commitment of not taking sides on issues involving
ClassNK issues Hong Kong Convention Statements of Compliance to two ship recycling facilities in India Two ship recycling facilities in Gujarat, India, R. L. Kalthia Ship Breaking Pvt. Ltd. and Priya Blue Industries Pvt. Ltd., have received Statements of Compliance (SoC) from classification society ClassNK verifying that the facilities are in line with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (HKC).
Dockwise publish audited annual accounts for 2012, having earlier published an unaudited version. The unaudited 2012 results were first disclosed as part of the publication by Dockwise of the Q4 2012 results on 13 February 2013. Performance highlights: Revenues USD 539 million Adjusted EBITDA USD 181 million Adjusted Net Profit USD 40 million Fleet Utilization 74% As indicated in the position statement of Dockwise regarding the mandatory cash offer by Boskalis for
The U.S. Maritime Administration issued a Report Comparing U.S. and Foreign-Flag Operating Costs. The U.S. maritime labor union(s) responded with pointed criticism. Marad issues its own statement in reponse. Text of Marad Chief Matsuda's Prepared Statement: “The U.S. Maritime Administration’s top priority is to promote the growth and sustainability of America’s maritime industry. The first-of-its-kind ‘Comparison of U.S
The inability of a forum of Southeast Asian defence ministers to agree on a joint statement at the end of a forum on Wednesday reflects their concern about China's activity in the South China Sea, U.S. Defense Secretary Ash Carter said. "It was clearly an issue of discussion and an issue of concern by countries in the meeting, because everybody raised it," Carter told a news conference. The Association of South East Asian Nations held its defence ministers meet this week
The Supreme People's Court (SPC) on Tuesday issued a regulation of judicial interpretation to clarify China's jurisdiction over its territorial seas, reports Xinhua. "Judicial power is an important component of national sovereignty," said the statement, adding, "People's courts will actively exercise jurisdiction over China's territorial waters, support administrative departments to legally perform maritime management duties
The US Army Corps of Engineers issued a notice stating that the draft integrated feasibility report and environmental impact statement for the Mid-Chesapeake Bay Island Ecosystem Restoration Project is available for consideration. Public meetings will be held in Cambridge (October 11) and Taylors Island, Maryland (October 12). Written comments should be submitted by October 23. 71 Fed. Reg. 53090
Hornbeck Offshore Services, Inc. has filed a universal shelf registration statement on Form S-3 and an acquisition shelf registration statement on Form S-4 with the Securities and Exchange Commission. Once declared effective by the Securities and Exchange Commission, the universal shelf on Form S-3 will enable the Company to sell from time to time, in one or more public offerings, up to $350 million of its common stock, preferred stock, debt securities or warrants to purchase common stock
Aker Maritime has acquired control of about one fourth of Kvaerner for a reported $350 million (3 billion crowns). The purchase made the industrial holding firm, a group of companies operating in more than 20 countries with no previous Kvaerner ownership, the biggest shareholder in Kvaerner. "Aker Maritime ASA has today bought rights issues, shares and options in Kvaerner ASA which together amount to 26.39 percent of the company after the ongoing rights issue
A unit of India's Adani Enterprises Ltd will buy the company that operates Australia's Abbot Point Coal Terminal from Glencore Plc for A$19.25 million dollars ($14.52 million), ending a legal wrangle over control of the port. The statement from Adani and Glencore said Adani Ports and Special
Australia on Monday reached a A$39.3 million ($29.66 million) out-of-court settlement with the owners of a Chinese coal carrier that ran aground in 2010 on the Great Barrier Reef. The settlement, dismissed by an environmental group as not enough
Britain and Argentina have agreed to work together towards removing measures restricting the oil and gas industry, shipping and fishing around the disputed Falkland Islands, Britain's Foreign Office said on Wednesday. The two countries fought a war in 1982 over the British-run islands in the
China and Russia began week-long joint naval exercises in the South China Sea today. It is the first-ever South China Sea iteration of Beijing and Moscow Joint Sea exercises. The Joint Sea-2016 exercises between the two countries will involve surface ships, submarines
The Philippines and Indonesia have agreed to join forces in combating crime on the high seas, after a surge of kidnappings by Abu Sayyaf bandits in waters between the two countries. Philippines President Rodrigo R. Duterte and Indonesian President Joko Widodo had signed an
South Korea's financial regulator said on Wednesday that Hyundai Merchant Marine Co Ltd will seek to acquire healthy assets of troubled shipper Hanjin Shipping Co Ltd. The Financial Services Commission said in a statement that Hanjin will soon file for court receivership but that the impact
Croatia’s largest national passenger shipping company Jadrolinija plans to expand its fleet with a new passenger ship, with the total cost of about 50 million euros, reports Poslovni.hr At an international tender
Have you heard about Maersk Line's smart reefers that can listen and talk? Cutting edge technology that reduces risk in customer supply chain, claims Maersk Line. "We’re always looking for ways to improve cargo care on behalf of our customers
India has began multiple investigations to determine the extent of damage caused by the reported massive leak of secret data detailing the combat and stealth capabilities of the Indian Navy’s soon-to-be-inducted Scorpene submarines.
Singaporean rig builder Sembcorp Marine Ltd said it had agreed to buy the 15 percent of PPL Shipyard Pte Ltd it did not already own for about $115 million from PPL Holdings Pte Ltd and E-Interface Holdings Ltd. "This will enable the company to optimally manage the businesses
Libya's National Oil Corporation (NOC) said on Thursday that rival forces had agreed to let a tanker dock at Zueitina port to load oil and take it to a safe place. The NOC expressed concern earlier this month after reports of possible clashes between the Petroleum Facilities Guard (PFG)
The Hong Kong Shipowners Association (HKSOA) on Thursday called on the city's authorities to provide assistance to the crew of a Hong Kong-flagged coal ship off the east coast of Australia that is running out of food and fuel. Local Australian media and Great Britain's Guardian newspaper
Malaysian and Indonesian maritime authorities were searching for a fuel tanker with 10 crew members on board that has disappeared in an apparent hijacking. According to a Reuters report, the oil tanker carrying 900,000 litres of diesel has been hijacked and taken into Indonesian
Two senior engineering officers employed by an Italian shipping company admitted they deliberately concealed their vessel’s discharge of oily waste into the sea, U.S. Attorney Paul J. Fishman announced. Girolamo Curatolo, 50, of Custonaci, Sicily, the chief engineer of an oil tanker
The Russian military has begun a naval exercise in the eastern Mediterranean, off the coast of Syria, to test its ability to deal with "crisis situations caused by terrorist threats," according to a statement by the Russian Defense Ministry.