NYK-TDG Maritime Academy Graduates Its Class of 2015
NYK-TDG Maritime Academy (NTMA), which is located in the suburbs of Manila and jointly run by NYK and the Transnational Diversified Group (TDG),* proudly graduated the 107 students comprising the academy’s Class of 2015 on September 21. NYK president Tadaaki Naito and TDG chairman J. Roberto C. Delgado, in addition to invited guests that included Hans Leo J. Cacdac, administrator of the Philippine Overseas Employment Administration…
MHI's Two New Firms Commence Operations
On October 1 two new wholly owned group companies of Mitsubishi Heavy Industries, Ltd. (MHI) succeeding to MHI's ship construction operations in the Nagasaki district will commence business operations. Mitsubishi Heavy Industries Shipbuilding Co., Ltd. will handle ship constructions, while Mitsubishi Heavy Industries Hull Production Co., Ltd. will manufacture hull blocks. By making full use of the diverse resources cultivated at the Nagasaki Shipyard & Machinery Works…
Philadelphia Express Assist Distressed Cuban Rafters
The Crowley-managed, Philadelphia Express – a 3,237 TEU container ship – recently provided assistance to nine Cubans on a makeshift raft adrift near Key West, Fla. As the vessel was steaming from Houston, Texas to Savannah, Ga., crewmembers spotted the floating object with people aboard waving in distress. Captain D.A. Sulin, master, Philadelphia Express, began circling back to the position of the raft and notified U.S. Coast Guard Sector Key West of the situation.
Phillips Named Sr VP Of Human Resources, Carnival Cruise
Ron L. Phillips has been appointed Senior Vice President of Human Resources – Office of People and Potential for Carnival Cruise Line. In this capacity, Phillips will oversee shoreside and shipboard human resources for the world’s largest cruise line, including talent acquisition, talent management, leadership development, human capital planning, employee engagement, compensation and benefits, and performance management.
NewLead Fixes Newlead Castellano
NewLead Holdings Ltd. announced yesterday that it entered into a time charter contract for one of its dry bulk Eco-type Handysize vessels, the Newlead Castellano, for two consecutive voyages, anticipated to be completed by the end of November 2015, at a gross charter-out rate of US $7,000 per day less a 6.25% commission paid to third parties. The Newlead Castellano is a 2013-built dry bulk Eco-type Handysize vessel of 35…
IACS Focus on Education & Training on World Maritime Day
The International Association of Classification Societies (IACS) has marked World Maritime Day by expressing its support for the efforts of the International Maritime Organization to promote the vital contribution made to the industry by its most important asset: its people. In selecting Maritime Education and Training as its theme for World Maritime Day 2015, the IMO is seeking to focus attention…
USS Porter Hosts Albanian Dignitaries
The Arleigh Burke-class guided-missile destroyer USS Porter (DDG 78) hosted a reception for senior Albanian defense officials aboard the ship September 26. The reception was an expression of Porter’s appreciation for hosting the ship and its crew in Vlore, and it also served to strengthen the ties between the U.S. and Albania. The guest list included Brigadier General Nazmi Cahani the Director of the General Staff Albanian Armed Forces, the Deputy Chief of Mission Mr.
Largest DP World Delegation for Milan Expo
In the largest delegation to date, DP World has recently sent, its very own employees to live, experience and become part of Milan Expo 2015. DP World’s delegation represented the entire company, from leaders and directors to customs specialists and ground staff; a diverse mix of backgrounds which mirror the vibrant and global city of Dubai. The mission of this delegation was to grasp the visitors’…
Two Topaz OSCV Order for Vard
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured new contracts for the design and construction of two Offshore Subsea Construction Vessels (“OSCV”) for a new customer, Dubai-based Topaz Energy and Marine (“Topaz”). Specially developed for crane operations and light subsea construction with intervention duties, the vessels will be of VARD 3 08 design…
Besselink of Royal HaskoningDHV Quits
Mr Piet Besselink, Executive Board Member of international engineering and project management consultancy Royal HaskoningDHV, has decided to step down by the end of the year. This change was announced by the company’s Supervisory Board. Piet Besselink (56), member of the Executive Board of Royal HaskoningDHV since 2012 and of former DHV since 2006, has decided to take on a new direction in his career and pursue opportunities outside of the company effective from 1 January 2016.
China Hooked to South China Sea
Despite US President Barack Obama’s warning thatthe land reclamation work in the strategically important South China Sea would affect peaceful resolution of maritime disputes in the area, China might press on, reports SCMP. Obama said he had “candid” discussions with President Xi Jinping on Asia-Pacific disputes, voicing concerns about Chinese militarisation of artificial islands in the waters where China has competing territorial claims with several Southeast Asian neighbours.
Asia-Europe Rates Further Contract
Major container shipping rates plummeted again this week, with declines on the trunk Shanghai-Europe routes falling at record amounts, says Shangahi Containerised Freight Index (SCFI). A eport in ASC says that the SCFI for Far East to North Europe dropped by a staggering 31%, losing US $143 per teu to finish the week at US $313 per teu. The rate to the Med also finished at US $313 per teu, one the…
Indian Ports to Improve Operational Efficiency
Union Minister of Shipping, Road Transport & Highways Shri Nitin Gadkari has said that the decline observed in the performance of Major Ports from 2008 to 2014 has reversed and they have shown improvement in their performance in 2015. Shri Gadkari said the profit margins of Major Ports declined from 43% to 28% during 2008 to 2014 and the market share of Major Ports during the period declined from 72% to 57%.
Baltic Dry Index rises 17% in Sept
Sparking speculation that a recovery in commodities could be around the corner, the Baltic Dry Index, a measure of shipping costs for commodities, has risen 17.5 per cent since September 15, reports Business Standard. The indexis up 21 per cent at 943, since January this year. Analysts say the spike is due to an increase in iron ore imports by China. Iron ore prices in that country have risen 28 per cent since July.
VLCC Tankers on the Upside on Stronger Demand
The VLCC market continued to strengthen this week with sentiment supported by both stronger demand and expectations for the October Middle East and West Africa programs to rise substantially from September levels, according to Charles R.Weber Weekly. According to the latest report from shipbroker Charles R. Weber, “in the VLCC market, 35 fixtures were reported this week marking a 9% w/w gain and the most since May.
SE Asia Accounts for More than Half of the World’s Piracy Attacks
At present more than half of the world’s piracy attacks are occurring in South East Asia, says he latest International Maritime Bureau (IMB) incident report. Piracy in the Gulf of Aden, which was the scourge of global shipping from 2011-14 has all but disappeared. But the problem is far from solved, whilst global piracy has dropped overall in the past few years the start of 2015 has seen a consistent rise in attacks.
First Gen Set to Build LNG Terminal
First Gen Corp. hopes to secure a partner for its planned $1-billion liquefied natural gas (LNG) import terminal in Batangas this year as the company gears up for the project’s construction phase in 2016, reports local media. The Lopez-controlled company is currently in talks with possible partners, according to First Gen President and Chief Operating Officer Francis Giles B. Puno. “We hope to announce a partner by the end of the year. It could be multiple partners, both local and foreign.
Kenya Releases Ship Carrying Weapons
A Norwegian-flagged ship that was held in Kenya for more than a week over undeclared weapons belonging to the United Nations has been released, the owners of the vessel said. Kenyan authorities boarded the ship at the port of Mombasa on Sept. 17 and uncovered undeclared weapons in a U.N. shipment destined for peacekeepers in the Democratic Republic of Congo. The U.N. defended the shipment. "Höegh Transporter has finally been released from detention in Mombasa…
HMAS Newcastle Returns with Seized Heroin
HMAS Newcastle today returned triumphantly to Garden Island, Sydney, after seizing more than $1 billion in heroin in the Middle East region during her six-month Operation MANITOU deployment. The ship’s company of 228 was welcomed back by Commodore Warfare, Commodore Peter Leavy, RAN, along with family and friends. CDRE Leavy said Newcastle intercepted some 1.4 tonnes of heroin, valued at $1.2 billion.
Dubai's Topaz Buys Two Ships
Dubai's Topaz Energy and Marine, a unit of Muscat-listed Renaissance Services, has bought two ships from Norwegian boat yard Vard Brattvaag for about $115 million, the Omani parent firm said on Sunday. The two vessels will be delivered in the second half of 2017, a statement to Muscat's bourse said. The chief executive of the Dubai-based oil services firm told Reuters in June it was in negotiations…