DP World Cleared of Misconduct over Djibouti Terminal
The London Court of International Arbitration has cleared DP World, one of the world's biggest port operators, of all charges of misconduct over a concession to operate a container terminal in Djibouti, Dubai's government said on Tuesday. In 2014 the government of the East African country lodged claims accusing DP World, majority-owned by the Dubai government, of illegal payments to secure a 50-year concession for the Doraleh Container Terminal, the Dubai government said. On Tuesday the court dismissed the claims and ordered the claimants to bear the costs of the arbitration, Dubai said.
Spanish Dockers Call Strike over Non-union Labor
Spanish dock workers have called nine days of strikes to protest government plans to allow ports to hire non-unionized labor, El Pais newspaper reported on Tuesday, threatening to disrupt trade for up to three weeks from March 6. Dockers last week called off a planned three-day strike after the government said it would put its reforms on hold and open talks, but the decision to push ahead with a bigger strike came after the government signaled it would not change parts of the plan, El Pais said, citing the CETM union. Reuters could not reach CETM for comment. The proposals would allow companies operating in ports to hire staff that do not belong to unions, a move unpopular with union members but which would help bring Spain in line with European Union regulations.
Crowley Relocates DC Government Office
To better serve its government customers, such as the U.S. Maritime Administration (MARAD) and Naval Sea Systems Command, Crowley Maritime Corp. has moved its Washington, D.C., office to 100 M Street - adjacent to MARAD and the Navy Yard in the southeastern quadrant of the nation’s capital. This new location puts Crowley closer to its clients in the District of Columbia while maintaining close proximity to Congressional offices. It enables more networking with potential teaming partners, a distinction that’s important when pursuing large, complex government opportunities.
Tanker Market: Sun Sets on Japan Dirty Imports
The Japanese refining industry has been experiencing challenging circumstances for a number of years, with significant rationalisation of refining capacity, according to Weekly Tanker Market Report by Gibson Shipbrokers. Reform in the Japanese refining sector is not a particularly new story; however, in March 2017, a government directive will come into effect, forcing refiners to further boost efficiency, whilst enhancing output of higher value clean products such as diesel and jet fuel.
MPA welcomes Formation of Montreal Industrial Port Zone
The President and CEO of the MPA, Sylvie Vachon, together with the Minister for Maritime Affairs, Jean D’Amour, the Mayor of Montreal, Denis Coderre, and the Mayor of the Borough of Mercier–Hochelaga-Maisonneuve, Réal Ménard, today announced the signing of an agreement for the establishment of an industrial port zone (IP Zone) in Montreal. The members of the local committee mandated to establish the Montreal Zone IP are: the City of Montreal, the City of Montreal East, the Montreal Metropolitan Community, CargoM and the relevant departments and agencies.
Spanish Stevedores Cancel Planned Strike
Spanish dock workers on Wednesday called off a planned three-day strike next week after the government said it would delay plans to reform the sector and instead open talks with the unions. The standstill was due to take place every other hour on Feb. 20, 22 and 24 at dozens of Spanish ports which employ more than 6,000 stevedores and handle an estimated 500 million tonnes of merchandise a year. The strike was called after the Spanish government announced plans to overhaul the way ports are managed and allow companies to hire their own personnel instead of unionised staff. Export chains in Spain, especially the car industry, would face a major disruption if a strike of three days or more was to be held. Reporting by Julien Toyer
ABS Group Awarded USCG Blanket Purchase Agreement
The U.S. Coast Guard (USCG) has awarded a follow-on $9 million Blanket Purchase Agreement (BPA) to ABSG Consulting Inc., an ABS Group company (ABS Group). ABS Group will provide a range of Human Systems Integration (HSI) support to the USCG's Human Systems Integration Office (CG-1B3), which is the USCG's technical authority for human systems integration (HSI). The BPA will cover acquisition support, project identification, usability analyses, testing, user facilitation and documentation services. As the USCG embarks on several new acquisition programs, including the Offshore Patrol Cutter and the Polar Ice Breaker, ABS Group will assist CG-1B3 and its partners within the USCG Acquisitions Directorate (CG-9)…
Inland Waterways Conference Set for Cincinnati
The 2017 Inland Waterways Conference is set to be held in scenic Cincinnati, Ohio, from March 6-8, 2017 at the Hyatt Regency Cincinnati. The event will feature full days of hot topics and VIP speakers to address emerging inland waterways topics and trends, highlighted by Lunch Keynote Speaker United States Coast Guard Commandant, Admiral Paul F. Zukunft, speaking on March 7 from noon to 1:15. "We are honored that Admiral Zukunft will take part in our conference" said Alan Bernstein, Conference Director.
Spanish Dock Strike Could Disrupt Key Export Chains
Key export chains in Spain could face major disruption if a long-running dispute between the government and the country's dock workers extends beyond a planned three-day strike next week, industry sources warned on Thursday. The standstill will take place every other hour on Feb. 20, 22 and 24 at dozens of Spanish ports which employ more than 6,000 stevedores and handle an estimated 500 million tonnes of merchandise a year. "The strike action could cause a lot of problems, not only for the ports but also for the companies," said an administrative source at the busy Mediterranean port of Valencia, who spoke on condition of anonymity. Spain's export sector is worth more than 330 billion euros ($352 billion) a year, or about a third of economic output.
Saudi Aramco Selects Lead Underwriters for $100 Bln IPO
Oil giant Saudi Aramco has selected JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings Plc as lead underwriters on the firm's planned initial public share offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Saudi Arabian Oil Co, known as Saudi Aramco, was not immediately available for comment. Saudi authorities are aiming to list up to 5 percent of the world's largest oil producer on both the Saudi stock exchange in Riyadh, the Tadawul, and one or more international markets in an IPO that could raise $100 billion. The listing is the centerpiece of a Saudi Arabian government plan to transform the kingdom by enticing investment and diversifying the economy away from reliance on oil.
New Bill to Enrol Non-Mechanical Propelled Vessels in India
Jal Marg Vikas Project (JMVP) being implemented with technical and financial assistance of the World Bank envisages preparation of Disaster Management Plan (DMP) and Emergency Management Plan (EMP) to take care of the activities like navigation, terminal & jetty operation, oil spill, disaster contingency etc. after the commissioning of the project and while operating cargo and passengers vessels on National Waterway-1 (NW-1). The mechanically propelled inland vessels are governed by the Inland Vessels Act…
Shipbuilder HII Declares Quarterly Dividend
Huntington Ingalls Industries announced today that its Board of Directors has declared a quarterly cash dividend of $0.60 per share, payable on March 10, 2017, to shareholders of record as of the close of business on March 3, 2017. Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder.
France: STX France talks with Fincantieri to Continue
French industry minister Christophe Sirugue said he would meet Italy's Fincantieri in a week's time to discuss its bid for STX France, but added France was still against Fincantieri gaining dominance in the governance of STX France. "Our position is that we do not want Fincantieri to be the sole majority shareholder in the governance of Saint-Nazaire shipyards," Sirugue told Reuters on Friday, speaking on the sidelines of a news conference in Paris. "We continue to work with Fincantieri and we will probably have to meet again in a week's time".
Damen books DAB Vloot ferry order
The last newbuild order of 2016 for the Damen Shipyards Group was signed on the 31st of December with DAB Vloot of Belgium. The vessel will be a 25-metre ferry especially designed to carry vehicles and passengers across the canal linking Ghent and Terneuzen. Even though the journey time each way for the ferry will be little more than five minutes, the complex route and the minimal room for manoeuvre in the busy waterway means that she will be fitted with twin Voith Schneider propellers (cycloidal drives) to give her the agility required for safe and timely passages.
Lockheed Martin Backs UK Cyber-Training Initiative
The British arm of U.S. defence major Lockheed Martin said on Friday it would back a UK government initiative to train students in cyber security to combat a growing skills gap in the area. Through the UK government's CyberFirst initiative, Lockheed Martin will sponsor a number of students across a three-year period and provide them with work placements during their studies. "There's an emerging cyber skills gap and it's vital that this gap is addressed," said Peter Ruddock, chief executive of Lockheed Martin UK. Launched in May 2016, CyberFirst is a work-study programme in online security targeted at students who are about to start university or are in their first year and run by the UK's National Cyber Security Centre (NCSC).
SAFE Boats Names Willis VP of Program Management
SAFE Boats International has promoted Janice Willis to the position of Vice President Program Management. Willis joined SAFE Boats in December 2010 as a member of the Business Development team, and in 2014 became the Director of Program Management, leading the teams responsible for managing SBI’s fed-eral government program business in Bremerton including the USCG CB-OTH and USCBP CIV Programs. Willis has over 25 years’ experience in program management and contract administration. The past 10 years have been in the marine industry in the Pacific Northwest.
US Weather Forecaster says La Niña Conditions Have Faded
A U.S. government weather forecaster on Thursday said La Niña has faded and neutral conditions are likely to continue through at least the Northern Hemisphere spring, even as it forecast the chance of El Niño may appear in the coming months. The Climate Prediction Center (CPC), an agency of the National Weather Service, in a monthly forecast said that neutral conditions have returned and are favored to continue. However, the CPC noted some chance of the appearance of El Niño as early as March to May 2017. (Reporting by Chris Prentice)
Singapore LNG Market to Grow at 10.39% Through 2025
The market for LNG in Singapore is projected to grow at a CAGR 10.39% during 2016-2025, due to the push from Singapore government towards adoption of cleaner energy sources, capacity addition of natural gas / LNG based power plants and emergence of Singapore as a regional trading hub for LNG in Asia-Pacific. "Growing demand from power generation sector, favorable LNG prices and government initiatives to setup Singapore as LNG hub is expected to drive Singapore LNG market," says the report by TechSci Research. Pavilion Energy, a wholly owned subsidiary of Pavilion Gas Pte Ltd.
Senate's Green Signal to Caribbean Maritime University
The Caribbean Maritime Institute (CMI) will now gain university status, following the passage of legislation in both Houses of Parliament to effect this. Not a single senator opposed the bill to make way for the Caribbean Maritime Institute Act, to now be known as the Caribbean Maritime University Act. Government Senator Kavan Gayle has suggested that lending institutions offer preferential terms and interest rates to students who are pursuing courses at CMI. Opposition Senator Angela Brown Burke advised that CMI also stressed the importance of financing…
Hyundai Heavy Union on Path to Strike
The labor unions of Hyundai Heavy Industries (HHI) downed tools in their first full strike since 1994, in protest to a sweeping restructuring plan that includes spinoff all non-shipbuilding operations as well as shutdown of a dock in Gunsan in southern coastal region. According to Yonhap News Agency reports the other reason for the industrial strike was failed wage negotiations. Although 15,000 union members were invited to take part in the eight-hour strike, only ten percent of workers participated in it. The labor unions’ employees started a strike for eight hours from 8 a.m.
Spain's Government, Port Unions on Collision Course
Spain's cabinet passed a draft law on Friday to end closed-shop hiring at the country's ports, putting the government on a collision course with unions which have called nine days of strikes that are likely to decimate trade flows. Around two-thirds of Spain's imports and exports pass through its ports, and prolonged industrial action could be especially painful for the country's automobile industry and chemical sector. The bill, which attempts to bring Spain's restrictive port labour practices into line with the rest of Europe, still faces an uncertain passage through parliament.
Norway to Buy Submarines from Germany
Norway plans to buy four submarines and Germany two in a bid to strengthen strategic partnership, says a report in Reuters. Defence Minister Ine Eriksen Soreide confirmed that the the government plans to invest in four new subs from Thyssenkrupp (TKMS). The Nato member is expected to sign a joint contract with Germany in 2019, however, the final sum of the new subs was not specified. "Cooperation and joint purchasing with Germany are the best choices," Ms Soreide said. The Norwegian…
Philippines-Indonesia Shipping Route Soon
The Department of Transportation (DOTr) announced plans to open a shorter shipping route between the Philippines and Indonesia, a move meant to strengthen trade relations between the two neighboring countries, reported Manila Times. The maiden voyage scheduled on April 28 will originate from Davao City, the hometown of Philippines President Rodrigo Duterte. Agricultural products will be among the first batches of cargo to be transported on the new shipping route, the trade department said.