Maritime Security Top Priority for Nigeria
Nigerian maritime industry has hailed President Goodluck Jonathan over what they called the "giant strides" he has made in the sector and lauded him for the steps it has taken to tackle the challenges. The Legal Adviser/General Secretary, MWN, Mr. Macjohnson Odey said parts of the achievements included human capacity development through the National Seafarer Development Program (NSDP) carried out by the Nigerian Maritime Administration and Safety Agency (NIMASA)…
ASL Marine's Profits Plummet
Singapore-based ASL Marine's profits for the second quarter ended 31 December 2014 dived 78.4% year-on-year to SGD1.432 million (USD1.05 million). Revenue also plunged 86% year-on-year to SGD47.44m due mainly to a revenue reversal of SGD95m recognized in the previous financial years, following the rescission of two OSV shipbuilding contracts in December 2014. The company says its first half earnings…
Port of Antwerp Opens Training Centre in Mumbai
Port of Antwerp in Belgium, the second largest port in Europe, is rolling out a training centre in Mumbai to offer training for port professionals in India. Temporary facilities are being used at the moment, until the new centre is ready, the company said in its press release. Antwerp has also signed a Memorandum of Understanding (MoU) with the Jawaharal Nehru Port Trust (JNPT), the largest container port in India, to establish the JNPT APEC Port Training Centre.
West Coast Ports Dispute and US Economy
A face-off between economists on the cost of West Coast port slowdown on U.S. economy. Vital shipping ports on the West Coast are closing amid a labor dispute between shipping companies and longshoremen. Will the shutdown lead to major losses for businesses and the U.S. economy as a whole? A section of economists and trade experts say that a shutdown of 29 West Coast ports closures would have very little effect on the broader U.S. economy as the trade of goods through U.S.
Arctic Shipping Emissions to Increase by 600% in Ten Years
The emissions from Arctic shipping traffic could rise 150-600 percent by 2025, the environmental group Friends of the Earth reports. As global warming intensifies and Arctic sea ice melts, marine vessel traffic is expected to increase and amplify the levels of harmful pollution emitted into the atmosphere, a new report by the International Council on Clean Transportation says. These pollutants include carbon dioxide, nitrogen oxides, sulfur oxides, and particulate matter, including black carbon.
Shanghai’s Pudong Shipping Hub is Bullish
Shanghai’s Pudong New Area has made progress in building an international shipping center last year and the opening-up reforms in the city’s free trade zone (FTZ) have lured another six global ship management firms to dock there, reports Shanghai Daily. So far, six overseas ship management companies have been set up in the zone after China for the first time allowed wholly foreign-funded companies to operate in the sector in the FTZ.
DP World to Build Third London Gateway Container Berth
DP World London Gateway plans to move forward with a third berth at the UK’s new deep-sea hub port, which will increase deep-sea access for ships carrying UK imports and exports. Berth Three will enable the use of an additional 400 meters of quay length with a dredged depth of 17 meters alongside, to handle the largest containerships. New birth will become operational in late 2016. It has also developed technology to ensure the port remains open in bad weather.
Hapag-Lloyd Increases English-Speaking Guests by 230%
German line Hapag-Lloyd Cruises said the number of English-speaking guests on its newest ship, Europa 2, increased 230% in 2014. The company, which operates four ships in Germany, Austria, and Switzerland, also recorded a 52% in the number of international guest across its whole fleet. Hapag-Lloyd has made a push to broaden its appeal in North America, particularly on Europa 2 and its Hanseatic expedition ship.
Robert Jumonville Wins AAPA Cruise Award
Former Port of New Orleans Cruise and Tourism Director Robert Jumonville received the 2015 American Association of Port Authorities (AAPA) Cruise Award yesterday during the AAPA biennial Cruise Seminar in Fort Lauderdale, Fla. The AAPA cited Jumonville as being the vision behind the phenomenal growth of the Port of New Orleans’ cruise passenger business and its terminal and cruise-related visitor assets.
Road Show Scouts Female Submariners
Capt. Rod Hutton, deputy commander for the Enlisted Women in Submarines Task Force, led the Enlisted Women in Submarines Road Show to different military bases in the San Diego area Feb. 9-11. The road show is spreading the word that the submarine force is now open to female enlisted Sailors from E-1 to E-8. Speakers discussed how junior female Sailors could convert to rates in the submarine force and the type of candidates the force is seeking.
Harvey Gulf Claims Another LNG Milestone
Harvey Gulf International Marine LLC made maritime history in North America last week by being not only the first owner/operator of a dual fuel offshore support vessel to bunker LNG as a marine fuel but to also successfully complete the first truck to vessel transfer of LNG and to power the M/V Harvey Energy on LNG. The Harvey Energy built at GCSG in Gulfport, MS is based on the Vard Marine 1 311 design…
MOL JV Ink Deal for 2 LNG Vessels
Mitsui O.S.K. Lines, Ltd. announced today that through a joint venture ship-owning company with Itochu Corporation charter agreements have been signed with E.ON Global Commodities SE…
Aker Solutions Post 4Q 2014 Results
*EBIT margin ex. Aker Solutions revenue rose 21 percent to NOK 9.2 billion in the fourth quarter of 2014 from a year earlier, helped by strong progress on major projects across the global business. Earnings before interest and taxes (EBIT) climbed to NOK 557 million in the quarter from NOK 486 million a year earlier. The EBIT margin narrowed to 6.1 percent from 6.4 percent amid a slowdown in the Norwegian maintenance…
Organisational Restructuring at VSS
In order to remain competitive and reduce costs, the management of Viking Supply Ships A/S (VSS) has decided to close down the Aberdeen office with effect from 1 July 2015. The Aberdeen office has operated the Viking PSV fleet and the organisational change is a direct result of the current weak market for these vessels. The purpose is to ensure a lean and efficient VSS organisation for the future. All administrative functions will be absorbed by the head office in Copenhagen.
USCG Warns Against Ice Dangers On Lake Champlain
Coast Guard crews at Station Burlington, Vermont, are urging Lake Champlain locals and visitors to use extreme caution on the lake and surrounding waters this weekend. With more snow forecasted, unsafe ice may be hidden from view and poses greater danger than normal as the added weight of the snow decreases density of the ice. "The thing folks need to recognize is that while beautiful and enjoyable…