Marine Link
Friday, March 29, 2024
SUBSCRIBE

Rishi News

12 Jan 2024

UK and US Launch Land and Sea Strikes on Houthi Military Targets

© Adrian / Adobe Stock

U.S. and British strikes against Houthi military targets in Yemen were a limited act of self defense and London does not immediately plan any further missions, its junior defense minister said on Friday.The two countries launched strikes from the air and sea against Houthi military targets in Yemen in response to the movement's attacks on ships in the Red Sea since the Israel-Hamas war in Gaza began in October.British Armed Forces minister James Heappey said the strikes were a proportionate response…

12 Oct 2023

Britain Sends Auxiliary Ships, Spy Planes to Support Israel

© penofoto.de / Adobe Stock

British Prime Minister Rishi Sunak is deploying two Royal Navy ships and surveillance aircraft to the eastern Mediterranean to support Israel and reinforce regional stability, his Downing Street office said on Thursday.The military package, which includes P8 surveillance planes, other surveillance assets, two auxiliary ships, three Merlin helicopters and a company of Royal Marines, will be on standby in the region to provide "practical support to Israel ...

11 Oct 2023

Dogger Bank Produces First Power

Dogger Bank Wind Farm (Source: Equinor)

The first phase of the Dogger Bank Wind Farm has started exporting electricity to British consumers.The 3.6GW Dogger Bank Wind Farm is being constructed in UK waters 70 nautical miles (130 kilometers, 80 miles) off the coast of Yorkshire in the UK’s North Sea in three 1.2GW phases known as Dogger Bank A, B and C.Dogger Bank will occupy an area almost as large as Greater London and nearly twice the size of New York City. When fully complete, its 3.6GW capacity will comprise 277…

11 Sep 2023

UK Says Russia Fired Missiles at Civilian Cargo Ship

Britain on Monday accused Russia of targeting a civilian cargo ship at port in the Black Sea on Aug. 24 in a previously unconfirmed missile attack it said was successfully thwarted by Ukrainian defences.Ukraine has been making efforts to allow vessels stranded in Odesa port since the start of the Russia-Ukraine conflict to sail into open waters after the collapse of the UN-backed Black Sea grains corridor.The remarks, made in Britain's parliament by Prime Minister Rishi Sunak, are the first time an official has commented on a ship being targeted since those Ukrainian efforts began. Since Aug. 18, four cargo ships have sailed from Odesa."Thanks to declassified intelligence…

17 Aug 2023

Afghans Recount Moment Migrant Boat Sank on Deadly Channel Crossing

Credit: staoist520/AdobeStock

Idris, 22, was convinced he was going to die when the small boat he and dozens of other migrants were on began to sink in the Channel as he tried to reach England from France.It was only thinking of his parents back home, and the fact that he had embarked on this perilous journey to help his family, that gave him the strength to stay afloat, he told Reuters.Six people died when the boat sank on Saturday. More than 60 people, mostly Afghans, were saved by French and British rescue teams, including Idris and 15-year-old Fawad.

11 Aug 2023

Health-risk Bacteria Forces UK to Remove Migrants from Barge

Britain has removed migrants from a residential barge less than a week after they moved in after Legionella bacteria was found in the water supply, the government said on Friday.Britain had begun moving some migrants on to the large Bibby Stockholm barge on its southern coast at the beginning of the week as part of its high-profile strategy to deter asylum seekers from arriving in the country. The policy had divided opinion, with ministers saying they wanted to offer basic and not luxurious accommodation to help save costs, while human rights campaigners said the offer was inhumane. "Environmental samples from the water system on the Bibby Stockholm (barge) have shown levels of legionella bacteria which require further investigation…

25 Jul 2023

Britain Warns Russia May Start Attacking Civilian Ships

© galitskaya / Adobe Stock

Britain has information indicating the Russian military may move beyond attacks on Ukrainian grain facilities to target civilian shipping in the Black Sea, Britain's U.N. Ambassador Barbara Woodward said on Tuesday.British Prime Minister Rishi Sunak shared the information with Ukraine's President Volodymyr Zelenskiy during a phone call on Tuesday, Woodward said.Britain's information also indicates that Russia has laid additional sea mines in the approaches to Ukrainian ports, she said."We agree with the U.S.

18 Jul 2023

U.S. Navy Shipbuilders & Disaggregated, Dispersed Production

The Los Angeles-class fast-attack submarine, USS Columbia (SSN 771) moors alongside the submarine tender USS Emory S. Land (AS 39) in Apra Harbor, Naval Base Guam, Jan. 4.  (U.S. Navy photo by Mass Communication Specialist 1st Class Joshua M. Tolbert)

With a lame-duck CNO, a divided Congress and the impending launch of the next Presidential election cycle, America’s naval market is locked into something of a fragile and fearful autopilot, cruising inexorably towards whatever excitement 2024 might bring.Materially, don’t expect much change: The demand for naval platforms will continue to outstrip available funding, meaning there will be little movement or growth in America’s major shipbuilding programs of record. The procurement outlines are already set.

05 Apr 2023

Britain Charters Barge to House 500 Asylum Seekers

Britain said on Wednesday it had leased a barge to house 500 migrants on its southern coast as part of efforts to reduce the use of costly hotels as temporary accommodation while asylum claims are being processed.Prime Minister Rishi Sunak has made cracking down on illegal migration one of his top priorities ahead of an election expected next year and has set out plans to bar the entry of asylum seekers arriving in small boats across the Channel.The vessel, the Bibby Stockholm, will be berthed in Portland Port in Dorset and will accommodate 500 single adult males, Britain's interior ministry said.Migrants will be moved aboard "in the coming months" and it will be operational for at least 18 months…

14 Mar 2023

Australia Outlines $245 Billion Nuclear Submarine Plan

(Photo: Defense Australia)

Australia's nuclear-powered submarine program with the United States and Britain will cost up to A$368 billion ($245 billion) over the next three decades, a defense official said on Tuesday, the country's biggest single defense project in history.U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak on Tuesday unveiled details of a plan to provide Australia with nuclear-powered attack submarines, a major step to counter China's…

10 Mar 2023

US, Australia to Unveil Submarine Pact to Counter China

File photo: The U.S. Navy's Virginia-class fast-attack submarine USS New Hampshire (SSN 778) at Naval Station Norfolk, in 2021. (Photo: Alfred A. Coffield / U.S. Navy)

U.S. President Joe Biden will meet leaders of Australia and Britain in San Diego on Monday to announce a way forward for Australia to receive nuclear-powered submarines in Canberra's biggest-ever defense project.The three countries announced the so-called AUKUS plan in 2021 as part of efforts to counter China in the Indo-Pacific region.However, questions remain over strict U.S. curbs on the extensive technology sharing needed for the project and about the length of time it will take to deliver the submarines.Australia is expected to buy up to five U.S.

07 Nov 2022

UK Suspends 'National Flagship' Yacht Project

(Image: U.K. Government)

Britain won't proceed with building a new national flagship to promote business and trade interests around the world, defense minister Ben Wallace said on Monday, ending one of former Prime Minister Boris Johnson's pet projects.The ship was announced in May 2021 to host trade shows and negotiations, but tendering of contracts had not been completed.Wallace said that the project had been scrapped as he was prioritizing building ships to detect threats to cables on the seabed in…

04 Nov 2021

UK's Peel Ports Pushes to Be Net Zero of Carbon Emissions by 2040

(Photo: Peel Ports)

Leading British ports operator Peel Ports aims to become net zero of carbon emissions at all its operations by 2040 and is exploring hydrogen fuel solutions for some of its energy needs, the private group's chief executive said.Britain has said it is committed to reaching net zero emissions by 2050, and finance minister Rishi Sunak told companies this week to set out plans by 2023 for a transition to a low-carbon economy.Mark Whitworth, CEO of Liverpool-headquartered Peel Ports…

28 Oct 2021

Finance: UK Shakes-up its Shipping Tax to Attract Global Players

© Voyagerix/AdobeStock

In an attempt to bring more international shipping firms onshore to the UK, the British chancellor of the Exchequer Rishi Sunak provided the biggest shake-up to the UK’s domestic tonnage tax since its introduction 20 years ago.The British government explained that In order for global shipping companies to benefit from paying less tax, there are two routes for companies to benefit: they can either show that they are investing in the net carbon zero transition, or they need to be…

14 Jul 2021

Nearly 3,000 Confined to Cabins After COVID-19 Case on Singapore Cruise

World Dream (File photo: Genting)

A Genting Cruise Lines ship on a "cruise to nowhere" has returned to Singapore after a confirmed case of COVID-19 in a passenger, and the nearly 3,000 passengers and crew on board were confined to their cabins through most of Wednesday.The 40-year-old passenger tested positive onboard and the result was confirmed after the person was taken to hospital once the ship docked early on Wednesday, the Singapore Tourism Board said, following the detection of the suspected case."The passenger was identified as a close contact of a confirmed case on land…

17 Jun 2020

Wärtsilä to Supply Propulsion for MSCL Newbuild

(Photo: Wärtsilä)

Wärtsilä will design and deliver a fully integrated main propulsion system for a new 8,200 dwt multipurpose cargo vessel being built for Mauritius Shipping Corporation Ltd (MSCL) at the Huanghai Shipyard in China.The newbuild is expected to commence commercial operations in 2022, replacing an existing vessel transporting goods and passengers between the Republic of Mauritius and the islands of Reunion, Agalega and Rodriquez.The order with Wärtsilä was placed in April 2020, and the equipment is scheduled for delivery to the yard in spring 2021.

28 Aug 2014

Info-X Invests in $5m Headquarter Expansion

Info-X Software Technology’s newly renovated headquarters in Gurgaon (Photo courtesy of Info-X Software Technology)

Info-X Software Technology, provider of software solutions and back-office support to U.S.-based transportation companies, introduced its newly renovated and expanded $5 million headquarter facility situated in Gurgaon, the high-tech capital of India. The facility expansion accommodates the growing number of new employees, which increases 15-20% a year. “The success of our back-office business for the forwarding and NVO business in particular is driving the need for more space,” said Rishi Parti, Director, Info-X Software Technology.

28 Sep 2012

ABG Shipyard Largest Private Shipyard in India

The enthusiasm, dedication and passion for ship building have helped ABG Shipyard Ltd remain in the forefront. Speaking to Maritime Reporter & Engineering News, Major Arun Phatak (right) points out that it is more important to be a responsible shipbuilder demonstrating with solid results rather than empty talk. Unruffled by the slump in shipping freight rates, ABG Shipyard Ltd., the largest private shipbuilder in the country, has persisted on a high-growth trajectory. With a record delivery of 158 specialized and sophisticated vessels to date, the versatility of the shipyard and expertise to build a complex and wide range of vessels speaks volumes about ABG’s potential and vibrant track record.

28 Sep 2005

V.Ships Appoints Trivedi to Head V.Ships Agency

V.Ships has appointed Rishi K. Trivedi as Group Managing Director of the Marine Services Division’s worldwide agency business - V.Ships Agency. The move follows Shay Devine’s (former V.Ships Agency Group M.D.) appointment as Chief Executive Officer of V.Ships - Marine Services Division. Trivedi, who has been with the group since January 2000, joined V.Ships Agency UAE from Inchcape Shipping Services. Rishi holds commercial and LLB degrees from Bombay University. In a career spanning 29 years in the industry to date, he has been an active member of Institute of Chartered Shipbrokers, the Executive Committee of the Nautical Institute UAE branch and a member of the Chartered Institute of Logistics and Transport UK.

30 May 2002

V.Ships Agency Plans For Growth

offshore activities of the division. acquisition. headed up by Rishi Trivedi, Managing Director of the offices in Dubai and Fujairah. service quality and competitive pricing. present". added Mr Devine.

30 Nov 2007

Tano Capital Invests $15m in ABG Motors

Tano Capital, LLC has invested $15m in Mumbai-based ABG Motors, a newly created arm of ABG Engineering & Construction, through its affiliate in a private equity transaction. ABG Motors is part of India’s largest private sector shipbuilder, ABG Shipyards, which is owned by entrepreneur Rishi Agarwal. ABG Motors applied the $15 million investment towards its $37m acquisition of Cemp, an Italian manufacturer of flameproof electric motors. ABG Motors will also use some of the proceeds to finance a manufacturing facility for Cemp in Bangalore. The Italian acquisition is partly leveraged with debt coming from Italy’s Interbanker. The deal is unique in that Tano Capital acted both as a private equity investor and as a merchant banker.

05 Dec 2007

ABG Shipyard to Expand Capacity

India’s ABG Shipyard Ltd plans to invest to expand capacity to meet the rising global demand for building large cargo carrying ships. After the expansion, the company hopes to build large size ships, including very large crude carriers (VLCCs) at its shipyard located at Magdalla Port in Surat, Gujarat, said Rishi Agarwal, managing director of ABG. A VLCC can typically carry as much as 320,000 tonnes of crude oil. ABG is currently building its second shipyard across 40 acres at Dahej in Gujarat at a cost of Rs950 crore. The first phase of the project will give the company facilities the ability to build eight ships simultaneously, with each ship having a capacity of 120,000 tonnes. These ships will meet growing demand in the dry bulk (cargo) segment.

29 Jan 2007

TBS Commercial and V.Ships form V.Ships Lasa Agencies

V.Ships Agency and TBS Commercial Group are pleased to announce the formation of a Joint Venture in Brazil called V.Ships Lasa Agencies. The new JV, which combines the extensive 'local knowledge' of the LASA network in Latin America with the worldwide agency expertise of V.Ships Agency, will afford existing and future customers a new level of excellence in agency services throughout Brazil. This JV agreement was signed by Alberto Morales Managing Director of LASA Group and Rishi.K.Trivedi, Group Managing Director of V.Ships Agency. The head office of V.Ships Lasa Agencies, in Rio de Janeiro, has an experienced team able to offer full…