V Pvt News

NGO Shipbreaking Platform reports that on January 16 two workers lost their lives after being crushed by a heavy iron plate during the dismantling of bulk carrier Chatherine Bright at Dewan Shipbreaking PVT Ldt in Gadani, Pakistan.The vessel was linked to Oman-based Maritime International Transport & Trading and flagged Panama when it was beached, says the Platform.The National Trade Union Federation (NTUF) accuses authorities of negligence as there continues to be a lack of compliance…

Varamar DMCC has entered into a strategic commercial partnership with ASL Shipping & Logistics Pvt Ltd, a COSCO Shipping Group company,  with the aim of helping both companies to strengthen their respective trades.Varamar, a liner and tramp carrier that specializes in breakbulk, dry-bulk, oversized, and containerized cargo, has historically focused on trade lanes connecting Europe with the Middle East, Asia, and the Far East, while also trading to Africa and the Americas. The recent expansion of Varamar to 10 international branches…

Shapoorji Pallonji Energy Pvt Ltd (SP Energy) said Monday it had obtained a Class Approval-in-Principle for the Concept and Design Basis of its FPSO Newbuild Hull from the American Bureau of Shipping (ABS). SP Energy has been working on the concept design of ‘STERLING STREAMLINE’, described as a new generation of its standardized newbuild hull concept design for large FPSOs, since July this year. According to SP Energy, the new FPSO hull will be designed for a circa 33-year lifespan with a topside capacity of up to 65,000 MT of wet weight.

Independent finance and capital structuring partner RCP Finance has successfully secured a $15 million credit facility from a leading Asian lender for The Hawks Pvt Ltd., a distributor of high-quality fuel in the Maldives.The Hawks caters to a range of local businesses including resort hotels, super yachts and navy vessels, with a total portfolio of more than 452 clients.Part of the credit facility has been used to facilitate the acquisition of the Bro Developer, a 2007 oil and chemical tanker with a carrying capacity of 15,000dwt.

Shapoorji Pallonji Energy Pvt Ltd (SPE), on Friday unveiled a new generation of its standardized newbuild Hull concept design for large FPSOs called Sterling Streamline."SP Energy, India’s sole specialist in designing, building, owning and operating Floating Production Storage and Offloading (FPSO) units, is developing this new hull design that it believes would be an appropriate off-the-shelf solution for the offshore industry," the company said.“The new FPSO hull design signifies SPE’s commitment to drive efficiency across all aspects of the project.

TDI-Brooks International, Inc. announced it has appointed Paul Walker as its director of laboratory operations, tasked with leading the company's geotechnical, geochemical and environmental labs.Walker began his career at Humble Geochemical where he was tasked with method development, instrument maintenance, and general lab and project management. He then joined Baseline Resolution where he continued developing and optimizing specialized pyrolysis and hydrocarbon separation methods for onshore and offshore petroleum systems.

Classification society DNV announced Tony Linden will step into the role of Area Manager for the UK & Ireland effective Thursday, having recently been appointed as Business Development Manager for the same area.“I am delighted to congratulate Tony on his appointment. His enterprising background, technical know-how and clear understanding of the complex challenges facing the shipping industry will make him an invaluable asset to the market,” said Torgeir Sterri, DNV Maritime Regional…

Classification society the Indian Register of Shipping said it has opened a new office in Coimbatore, Tamil Nadu. The premises were recently inaugurated and has been operational since February 1, 2022.Coimbatore is one of the most industrialized cities in Tamil Nadu with a diversified manufacturing sector including more than 25,000 small, medium and large-scale industries. IRS has serviced this region through its Cochin office in the past, however with increase in business opportunities…

Southern Europe's first all-electric ferry is being built by Navaltagus Reparação e Construção Naval, a member of Grupo ETE, in Portugal.Designed by Vera Navis Naval Architects, the zero-emissions ferry is being built and will operate in Aveiro, Portugal.Shift Clean Energy and Nave De Luz Lda (NDL) are co-leading a consortium to supply and install electrical components for the new vessel. Additional members of the consortium include Danfoss Editron, power electronic and Technology Venture Middle East Marine Services LLC, the technology integration consultants and Marine Electricals (I) Pvt.

Ship classification society Indian Register of Shipping (IRClass) has classed India’s first LNG-FSRU.Built at Hyundai Shipyard in Ulsan, South Korea, the 180,000 cu.m, the Indian-flagged, is designed for continuous operations without the need for drydocking over a period of 20 years. The unit is assigned class notation for 20 years extended interval between successive dry-dockings and complies with the requirements of IRClass Rules and Indian Flag for this purpose. The unit is owned by Triumph Offshore Pvt Ltd.…

French container shipping company CMA CGM Group said it has appointed Atit Mahajan as managing director for CMA CGM India, effective August 1.A qualified chartered accountant with 18 years' experience in strategy, finance and cost management roles, Mahajan was most recently Chief Financial Officer, CEVA Logistics India Pvt. Ltd and was previously Chief Operating Officer, LCL Logistix, both subsidiaries of the CMA CGM Group. In the past, Mahajan has also been part of the CMA CGM…

Engineering X – an international collaboration founded by the Royal Academy of Engineering and Lloyd’s Register Foundation – has awarded nearly £1 million ($1.2 million) in grants to six projects in the U.K. and overseas aimed at tackling the complex social, environmental and engineering challenges of decommissioning ships and offshore structures.From training to improve worker safety in ship recycling facilities in Bangladesh, to assessing the risks of structural failure of decommissioned offshore structures…

Maritime cranes and equipment manufacturer Liebherr has developed a remote service tool aiming to improve assistance through visual information that ultimately leads to faster and easier troubleshooting.The service's launch comes as industry stakeholders increasingly turn to remote services and other digital offerings to help maintain operations amid travel restrictions in place due to the coronavirus pandemic.Features integrated into the newly launched remote service tool such as audio and video calls…

India's Cochin Shipyard Limited (CSL) has launched two Ro Pax vessels designed and built for Inland Waterways Authority of India (IWAI).The vessels launched at present are the third and fourth vessels in the series of 10 vessels order from IWAI, said the largest shipbuilding and maintenance facility in India.Cochin Shipyard is building a total of 8 Nos. Ro Pax vessels and 2 Nos Ro-Ro vessels for Inland Waterways Authority of India.IWAI nominated CSL for the construction of these vessels, which will be operated in strategic locations in National Waterways 1&2. These vessels can accommodate around 200 passengers and will have 8 crews and can carry 2 trucks and 4 cars.

The Council on Ethics of the Government Pension Fund Global (Oil Fund), Norway's $1 trillion sovereign wealth fund (SWF), said that it will turn its attention towards Indian shipbreaking practices.The SWF cautioned that this may well result in further divestments from shipping companies with poor shipbreaking records.In 2018, the Council on Ethics had already advised the fund to divest from companies, including container line Evergreen, selling their end-of-life vessels to shipbreaking yards located in Pakistan and Bangladesh “due to an unacceptable risk that the companies are contributing to serious environmental damage and gross violations of human rights”.KLP, Norway’s largest private pension fund, followed suit and blacklisted the same companies.

GAC has handled the first tanker to berth at the newly constructed Liquefied Natural Gas (LNG) terminal inside Kamarajar Port, Ennore in Chennai, India. The Marshall Islands-flagged LNG carrier ‘LNG/C Golar Snow’ was carrying the first consignment of 78,037m³ of LNG from Ras Laffan in Qatar for the commissioning of the terminal.Agency operations were overseen by Captain Srinivasan Sethumadhavan, General Manager of Shipping Services at GAC’s Chennai Office, who is optimistic about…

Two Bangladeshi workers were killed Monday in a fire that started in the engine room of an end-of-life tanker being dismantled at a shipbreaking yard in Chittagong, Bangladesh, the NGO Shipbreaking PlatformMd Jamil, 23 years old cutter man, and Bipul lost their lives while scrapping the ship GREEK WARRIOR (IMO 9191412) at Shagorika Ship Breaking Yard. According to local media, Jamil was burned and rushed to Chittagong Medical College Hospital. He died before reaching the hospital. The body of Bipul was discovered on board only few hours later.Shagorika yard and RA Shipbreaking yard, which has been recently under the spotlight for the purchase of Nordic America Tankers’ NORDIC SPRITE…

Dutch petroleum storage company Royal Vopak announced that it will acquire in total 44% in Elengy Terminal Pakistan Ltd  (ETPL) in separate transactions with International Finance Corporation (IFC) and Engro Corporation Ltd (Engro Corporation). This includes the acquisition of a 29% share announced in July.ETPL's wholly owned subsidiary, Engro Elengy Terminal (Pvt) Ltd (EETPL) owns an LNG facility which is located in Port Qasim in Pakistan, adjacent to the Engro Vopak chemical terminal on the mainland side of the channel into Port Qasim.The facility has been in operation since 2015 and is the first LNG import facility in Pakistan.The facility consists of an LNG jetty including a 7.5 km high pressure gas pipeline.

The USD 25 mln Multi Modal Terminal (MMT) being built at Varanasi by Inland Waterways Authority of India (IWAI) under Jal Marg Vikas project is set to be completed by November this year. This would be a major landmark for the project.The construction of the USD 41 mln MMT at Sahibganj is to be completed by May, 2019, and the one at Haldia, being constructed at a cost of USD 75 mln, is scheduled to  be completed by December 2019. In addition to this the work on the USD 52 mln state-of-the-art navigational lock at Farakka is to  be completed By June, 2019. Contract for maintenance dredging in the Farakka-Kahalgaon stretch of the river  was awarded in April, 2018,  and work on this has started.

APM Terminals India Pvt. Ltd became one of India’s first Inland Service providers to receive the internationally recognized security standard, Authorized Economic Operator (AEO) from the World Customs Organization. The aim of the AEO program is to prevent unlawful trade across borders and facilitate legitimate trade designates. The AEO certification acknowledges APM Terminals India Pvt. Ltd, which operates under the brand APM Terminals Inland Services, South Asia, as a 'secure' and 'reliable' trade partner for global supply chains. As such, it can offer higher levels of efficiency and faster export-import services. “The certification is a validation of our long-standing values and commitment towards safety and security…

China Merchants Port Holdings (CM Port) has invested the final tranche of USD 584.2 million in Sri Lanka’s Hambantota Port after acquiring an 85 percent stake in the port last year. The cheque to the effect was handed over to the Chairman of Sri Lanka Ports Authority (SLPA) – Dr.Parakrama Dissanayake by the Chief Representative of China Merchant Group in Sri Lanka - Mr.Ray Ren in the presence of senior port officials and representatives of CM Port. This makes the single highest ever Foreign Direct Investment (FDI) received by Sri Lanka to date. This third final tranche in the amount of US $ 584,194,800 follows the 1st, a 2nd tranches released in December last year and January 2018, in amounts US $ 292 million and US $ 97 million.

Lloyd’s Register (LR) said it signed a contract to class the first ever floating storage regasification unit (FSRU) to be ordered for Indian waters.Due for delivery in December 2019, the new 180,000m³ FSRU will be built to LR’s Rules for the Classification of Offshore Units by South Korean shipbuilder Hyundai Heavy Industries (HHI) for SWAN LNG Pvt. Ltd. (SLPL). It will be stationed at Jafrabad port for 24h-hours-a-day operations, 365 days a year.SLPL’s Bhavik Merchant said, “Our…

Several senior staff members have stepped up in the latest round of promotions at Goltens Worldwide. Goltens appointed Pravin Kirolikar to the position of Managing Director of Goltens Dubai. Kirolikar makes the move from Goltens India, where he served as Managing Director for eight years. Starting his career as a professional marine engineer, Kirolikar sailed for 13 years before going ashore to work as a marine surveyor for the Indian Register of Shipping. Prior to joining Goltens, Kirolikar worked in after sales services for Wärtsilä India for 12 years.