Greece's New Shipping Minister Stalls Port Privatization
Thodoris Dritsas is taken charge as Greece's new shipping minister following the electoral victory of the country's left-wing party Syriza. Among the first decision of the Ministry is halting privatization of Greece's biggest port. “We will not sell a majority stake in Port Authority of Piraeus (PPA)," said Thodoris Dritsas, Deputy Minister for shipping. A 67 percent stake in the port had been slated to be sold under one of the austerity measures the previous Greek government had agreed to take.
A HERO on the Seas
The expansion of the Panama Canal has opened up an opportunity for WWL to develop its next generation RoRo carriers. Due to its importance to international trade, the size of the Panama Canal has long been a design constraint when it comes to shipping vessels. With wider locks currently under construction, however, WWL decided to begin designing a new RoRo carrier that was not only bigger, but also better adapted to today’s industry demands and customer needs.
India Seeks Submarine Cooperation with Japan
The government of India has put forward a proposal of over Rs 50,000 crore ($6 billion) project to construct six stealth submarines in India. India is especially interested in acquiring the latest diesel- electric Soryu –class submarines, according to a report in the Times of India. The 4,200 tonne Soryu submarines, jointly manufactured by Mitsubishi Heavy Industries and Kawasaki Heavy Industries,…
Asean Raps Chinese Sea Aggression
Southeast Asian foreign ministers have expressed concern at Chinese land reclamation in the disputed South China Sea, as the Philippines urged them to stand up to Beijing, reports AFP. The statement came after Manila warned fellow members of the Association of Southeast Asian Nations (ASEAN) at a ministers' retreat in Malaysia that the 10-country grouping's credibility was at stake unless it dealt strongly with the "critical issue in our own backyard".
Fender Repairs Works for Dolphins at Hong Kong
For approximately four months, fender repairing and replacement works for five of the dolphins will be carried out in the To Kwa Wan Typhoon Shelter. The works will be carried out by a crane barge.
Gulf of Guinea Maritime Crime Down in 2014
U.K.-based marine intelligence firm Dryad Maritime has said that maritime crime incidents in the Gulf of Guinea decreased 18% year on year in 2014 when compared to 2013. Attacks aimed at kidnapping crew members of the vessels increased in the region, says a press release of Dryad Maritime, a team of experienced maritime operations and intelligence specialists and professionals from a variety of commercial disciplines.
Indonesia Joins Spain, Italy in Maritime Development Plan
Indonesia to have full cooperation in maritime infrastructure development from European countries Spain and Italy, says a report in Jakarta Post. Spanish Ambassador to Indonesia Francisco Jose Viqueira Niel outlined the Spanish government’s cooperation plans with Indonesia in the sector to Indonesian Maritime Affairs Minister Indroyono Soesilo. Spain has become an effective partner with Indonesia in the field of shipbuilding.
Adani Ports Consolidated PAT Shoots Up by 37%
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the third quarter and nine months ended December 31, 2014. Consolidated cargo handled by the company was 108 MMT in 9M-FY15, an increase of 29%, over corresponding to same period last year. Adani ports at Mundra handled 84 MMT cargo in 9M-FY15 thereby continuing its leadership as the largest commercial port business in India.
Maersk McKinney Moller Sets Container Loading Record
18,612 TEUs is the new world record for container loading, and was won by Maersk Line's Triple E Class vessel, Maersk Mc-Kinney Moller, first in the series of behemoths Danish company, which sailed early in the week from the port of Algeciras, Spain with this huge cargo. The ship is now en route to Tanjung Pelepas in Malaysia. APM Terminals explains in a note, the ship arrived at 2.00 hours on Monday to Algeciras from APM Terminas Tangier with 15,844 TEUs.
Pacifica Rolls Out New Container Vessel
Pacifica Shipping, New Zealand's coastal shipping company, is launching a new container vessel from March replacing a smaller vessel whose charter has ended, reports The Stuff. The Spirit of Canterbury would provide greater capacity for customers including reefer cargo and replace the Spirit of Independence whose charter ended in December, says Steven Chapman, CEO of Pacifica. The Spirit of Canterbury will have 1100 container capacity, 57 per cent more than the vessel it replaces.
Jeffersonville Port Sets Cargo Record in 2014
The Port of Indiana - Jeffersonville handled over 2.4 million tons of cargo in 2014, up 48 percent from the previous year, according to a news release from the port. This was the first time annual shipments exceeded two million tons in the port’s 29-year history. The 2014 total was 464,000 tons higher than the previous record set in 2006. Another outstanding harvest in 2014 helped push grain tonnage to its highest volume ever breaking the previous record set in 1993.
Shipping Pollution Will Skyrocket -Study
International freight volumes will grow fourfold by 2050 while the average length of haul will increase by 12 percent over that time, trends that will cause a spike in global carbon emissions unless corrective action is taken. An Organisation for Economic Cooperation and Development (OECD) sector study presented at the International Transport Forum (ITF) forecasts that freight transport emissions will…
Shepler’s New Ferry Takes Shape
Sparks are flying on the bulkhead and engine room of the $3.8 million, 85-foot Miss Margy, the newest addition to the Shepler’s Mackinac Island Ferry fleet, at Moran Iron Works. Bill Shepler, CEO of Shepler’s, and Tom Moran, CEO and founder of Moran Iron Works, announced the project last month, when pre-production work started. The all-aluminum ferry – named after Shepler’s mother – is scheduled to carry its first passengers in July 2015.
Next Generation Bridge Concept
For decades the maritime industry has long-theorized of emulating the “airline model” in uniformity and technical capability of its own ship and boat integrated bridge platform. Enter Rolls-Royce and the VTT Technical Research Center of Finland which together have launched a ship intelligence system that it believes could be the next major transition for the shipping, able to gather, process and reasonably…
New YANMAR EPA Tier III Engine
YANMAR America introduced its new EPA Tier III compliant commercial marine diesel engine. Rated at 755 mHP and 1,900 rpm, the new 20.38-liter 6AYAM-ET uses a full mechanical control system. The class-approved four-cycle, in-line six-cylinder 6AYAM-ET offers low fuel consumption and a continuous rating suitable for river push boats, tugboats, trawlers and other applications with uninterrupted operations or load cycles.
Volvo Penta Debuts New Marine Engines
Volvo Penta introduced the first two models of its next-generation sterndrive marine gasoline engines. The new 4.3-liter catalyzed V6 engines, rated at 200 and 240 hp, will supplement Volvo Penta’s current V6 product line. Volvo Penta will roll out the complete new family of next-generation V6 and V8 gasoline sterndrive engines during 2015 and 2016, expanding on the V8-380 introduced by Volvo Penta in 2012.
Transas: The Bridge to Tomorrow
Transas was founded in 1990, by a group of former navigators and engineers, who at that time envisioned ways in which computers could revolutionize maritime safety, communications and security. In the ensuing 25 years Transas has pioneered navigational technology across a wide sector, developing into a true “household name” in the global maritime industry. In 1995, Transas also entered the highly competitive simulation market…
BICERA Explosion Relief Valve
Sometimes it seems cliché to repeat that a product or system “protects equipment and saves lives,” but in the case of valve manufacturer Penn-Troy, which recently unveiled a new crankcase explosion relief valve that boasts lower exhaust temperatures, more engine internal clearance and a lighter weight design, the claim is accurate. To get further insights on the BICERA Revolution Explosion Relief Valve…
The Art of Propeller Making
The world’s biggest propellers have their cradle in the North of Germany. MMG – Mecklenburger Metallguss GmbH – has manufactured for more than 65 years propellers for ships, including the biggest and fastest, in the State of Mecklenburg-Vorpommern. With the manufacture of propellers up to 130 tons, its manufacturing process requires a delicate hand and lots of patience. Despite the fact that commercial shipbuilding has shifted to the Far East…
LEEVAC Launches First PSV for Tidewater
On Tuesday, January 27, LEEVAC Shipyards Jennings, LLC launched hull 367, a platform supply vessel (PSV) designed by LEEVAC Design Services, LLC (300 DE-52 HAB PSV). Hull 367, the first of a two-vessel newbuild program for Tidewater Marine, is LEEVAC’s first launch in 2015, a year that marks the company’s 50th anniversary. The vessel is 300 ft. x 62 ft. x 24 ft. deep, has a diesel-electric plant, accommodations for 52 persons…