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
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
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
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).
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
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
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
On Thursday evening, October 1, 2016, the ship EL FARO went missing. The ship was en route from Jacksonville, Florida to San Juan, Puerto Rico. On Monday, four days after the ship vanished, the Coast Guard concluded it sank near the Bahamas in about 15,000 feet of water. One unidentified body in a survival suit was spotted, and the search continued until today for the other 32 crew members. Commissioner Doyle, a 1992 Massachusetts Maritime Academy graduate
U.S. Maritime Administrator Paul Jaenichen has issued a statement following the U.S. Coast Guard’s announcement that it will suspend the search for survivors from the missing cargo ship El Faro. “All of us at the Department of Transportation and the Maritime Administration mourn for the loss of all those on board the U.S. container ship, El Faro. We express our deepest condolences to their family, friends and co-workers in the maritime industry. U.S
In a prepared statement China State Shipbuilding Corporation (CSSC) and Wärtsilä announced that Wärtsilä transferred its 30% shareholding in Winterthur Gas & Diesel Ltd. (WinGD), headquartered in Winterthur, Switzerland, to CSSC
Indonesia, Malaysia, and the Philippines have agreed to conduct coordinated maritime patrols as part of a broader plan to tackle rising security challenges in the waters bordering the three countries, report local media. This plan was sent in a joint statement following the
Vittoria Shipyard has extended its horizons to the South American market; the Adria-based firm – an Italian builder of military, paramilitary, commercial, transport and working ships – has signed an agreement to work with SIMA Perú, a publicly-owned company that plans
Australian mining giant BHP Billiton pulled a $500 million debt refinancing plan at one of Australia's biggest coal export terminals after banks were reluctant to lend to the sector, said three sources with knowledge of the process. The decision earlier this month sets back efforts to simplify
Japan has lodged a protest with the Chinese ambassador in Tokyo, after a Chinese ship sailed close to contested islands in the East China Sea. Chinese navy has made an unprecedented entry into waters around the disputed Senkaku Islands, called Diaoyu in China.
South Korea will pump $9.5bn (11 trillion won) into state-run policy lenders reeling from huge losses on loans made to the beleaguered shipbuilding and shipping sectors to help them deal with further corporate distress, says FT.
Two people, including a sailor, were killed and two others injured after inhaling toxic fumes on board India's aircraft carrier INS Vikramaditya at Karwar Naval base in Karnataka. The condition of two others injured was stable and constantly being monitored in the Naval
The US Navy’s USS Mississippi nuclear-powered submarine has arrived in South Korea as part of its maiden voyage to the Indo-Asia-Pacific region, says US military statement. With a crew of approximately 141 Sailors, Mississippi will conduct a multitude of missions while
France's CGT union is calling for a nationwide port strike on June 23 and June 28 as part of ongoing protests against the government's labour reform bill, the union said in a statement on Wednesday. Port workers have participated in rolling nationwide strikes in recent weeks
THE Incheon Port Authority said a regular container service connecting the port directly to the Middle East has been launched for the first time, backed by the Islamic Republic of Iran Shipping Lines (IRISL). According to MANA,The Iranian state-run IRISL will deploy its 5
As posted on the Kings Point Alumni Web Site: Announcement from the Academy While the Department of Transportation (DOT), the Maritime Administration (MARAD), and the United States Merchant Marine Academy (USMMA) have made consistent efforts to address sexual assault and sexual
Athens-based Star Bulk Carriers Corp has determined to effect a 1-for-5 reverse stock split of the Company's common shares. The Company's shareholders approved the reverse stock split and granted the Board the authority to determine the exact split ratio and proceed with the
An Indonesian naval vessel fired on a Chinese fishing boat on Friday, injuring one person, China's foreign ministry said, the countries' third reported confrontation this year near a chain of islands as regional tensions mount in the South China Sea.
Helle Hammer, Managing Director Cefor & Chair of the International Union of Marine Insurance (IUMI) Political Forum discuss about Container Weighing Rules. As of 1 July 2016, only containers with a verified gross mass will be allowed to be loaded on board a vessel (although IMO
Indonesia, Malaysia and the Philippines on Monday agreed to designate a transit corridor for commercial vessels crossing a maritime zone hit by a spate of hijackings by Islamist militants in the southern Philippines. Nearly 20 Indonesian and Malaysian tugboat crew have been kidnapped by the Abu