ClassNK and Rio Tinto Iron Ore Sign Collaborative Agreement

Posted by Eric Haun
Tuesday, December 10, 2013
Right: Mr.Yasushi Nakamura (ClassNK), Left: Mr.Warwick Smith (Rio Tinto Iron Ore)

Classification society ClassNK and Rio Tinto Iron Ore (part of the Rio Tinto Group, one of the world’s largest metal and mining companies), announced that they have signed a collaborative agreement focused on the safe carriage of iron ore.

The agreement was signed at a ceremony held after a meeting of executives from both companies at the Rio Tinto Japan office on 3 December 2013. ClassNK Executive Vice President Yasushi Nakamura and Warwick Smith, Managing Director, Sales and Marketing for Rio Tinto Iron Ore, signed the agreement on behalf of their respective organizations.

Rio Tinto has a diverse portfolio of metals and minerals, including aluminum, copper, diamonds, thermal and metallurgical coal, uranium, gold, industrial minerals (borax, titanium dioxide and salt) and iron ore. Rio Tinto Marine, established in 1996, provides ocean freight services to the Rio Tinto group, with a key focus on ensuring high operational and safety standards.

ClassNK is one of the world’s leading classification societies, providing safety and certification services for more than 8,500 vessels representing more than 20% of the world’s merchant fleet in terms of tonnage. ClassNK is also the leading classification society in the dry bulk sector and is entrusted with the safety of more than one-third of the world’s bulk carrier fleet including the industry’s largest share of Capesize and Very Large Ore Carriers (VLOCs), which carry the majority of the world’s solid bulk cargoes.

The agreement signed between ClassNK and Rio Tinto Iron Ore provides the framework for cooperative research on safe maritime transport of iron ore.

After the signing ceremony, ClassNK Executive Vice President Yasushi Nakamura said, “Both Rio Tinto and ClassNK have decades of specialized knowledge and expertise related to the maritime transport of solid bulk cargoes. By signing this agreement we hope to share this rich history and knowledge to benefit the entire maritime community.”

Mr. Smith joined Mr. Nakamura in highlighting the importance of the agreement, saying, “This agreement realizes mutually beneficial collaboration with one of the leading classification societies, and I hope it will expand into a wider range of cooperative research on maritime safety of other products shipped by the Rio Tinto Group.”

ClassNK support for the project is being carried out as part of its Joint R&D for Industry program, which has provided funding and research support for more than 250 joint maritime R&D projects since its inception in 2009.

classnk.or.jp
 

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

SHIPPINGInsight 2014 Agenda Announced

Annual Conference, Exhibition and Networking Event Brings Together Shipowners and Technology Companies to Address Practical Solutions for Efficient Operations The

Kito Americas Acquires Peerless Industrial

Kito Americas, Inc. announced today that the company has entered into a stock purchase agreement to acquire Peerless Industrial Group from Westview Capital Partners II, L.

Oil Companies Bidding for Blocks in Colombia

Oil companies were bidding on Wednesday for 95 oil areas Colombia is offering for exploration and production in an effort to raise output from around 1 million

Contracts

Bahrain US$35-M Land Reclamation Contract for GLDD

Provider of dredging services in the United States and a major provider of environmental & remediation services, Great Lakes Dredge & Dock Corporation (GLDD) says

Global Ocean Trade: Latest Shipbuilding Orders

No tankship orders noted the past week by Clarkson Hellas in their latest S&P Weekly Bulletin, but no lack of orders in the dry bulk carrier market, all from Far East shipbuilders.

Scorpio Tankers: Latest Financial & Ship Delivery News

Scorpio Tankers Inc. says it has updated its stock buyback program; lists its latest new vessel deliveries, and gives the release date of its second quarter 2014 earnings report.

Bulk Carrier Trends

Freeport Says Indonesia Exports Could Resume Soon

Freeport-McMoRan Inc said on Wednesday it expects to "imminently" sign an agreement with Indonesia that would enable it to immediately resume copper concentrate

Global Ocean Trade: Latest Shipbuilding Orders

No tankship orders noted the past week by Clarkson Hellas in their latest S&P Weekly Bulletin, but no lack of orders in the dry bulk carrier market, all from Far East shipbuilders.

Scorpio Bulkers Gets $540m Loan for Newbuilds

Scorpio Bulkers Inc. announced that it has received a commitment for a $540 million loan facility and provides an update on the financing of its fleet. On July 21,

News

Freeport Says Indonesia Exports Could Resume Soon

Freeport-McMoRan Inc said on Wednesday it expects to "imminently" sign an agreement with Indonesia that would enable it to immediately resume copper concentrate

SHIPPINGInsight 2014 Agenda Announced

Annual Conference, Exhibition and Networking Event Brings Together Shipowners and Technology Companies to Address Practical Solutions for Efficient Operations The

Kito Americas Acquires Peerless Industrial

Kito Americas, Inc. announced today that the company has entered into a stock purchase agreement to acquire Peerless Industrial Group from Westview Capital Partners II, L.

Classification Societies

GE, LR Study Gas Turbines for Commercial Ships

GE Marine and Lloyd’s Register Sign Memorandum of Understanding to Collaborate on Applying Gas Turbines to Power Commercial Ships GE Marine and Lloyd’s Register

DNV GL Publishes Regulatory Roadmap for Floaters in the US

DNV GL announced it has mapped out what is necessary to be in compliance with U.S. Coast Guard (USCG) requirements to operate FOIs, FSOs and FPSOs in U.S. waters.

Singapore Approves Danelec New-Generation VDR

The Maritime and Port Authority of Singapore has issued a certificate of approval for the Danelec DM100 VDR for installation on ships under the Singapore registry.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1509 sec (7 req/sec)