Small is Beautiful, When it Comes to Tanker Companies
“Small is beautiful”, the title of a book which went on to become a tagline for the environmental movement that was burgeoning in the 1970’s, has been applied by shipping journalists when product tankers - rather than behemoth crude oil tankers, are under discussion. In a similar vein, we can apply it to the size of a maritime company putting its attentions on lower costs of operation. There’s been extensive discussion of the virtues of bigger companies on the maritime conference circuit…
Amid Sea Disputes, China to set up maritime "Judicial Center"
China plans to set up an "international maritime judicial centre" to help protect the country's sovereignty and rights at sea, its top judge said on Sunday. Giving a work report at the annual meeting of China's largely rubber-stamp parliament, chief justice Zhou Qiang said courts across China were working to implement the national strategy of building China into a "maritime power". "(We) must resolutely safeguard China's national sovereignty, maritime rights and other core interests," he said.
First Ever At-sea Customs and Fisheries Boardings Conducted
USNS Spearhead (T-EPF 1) and an embarked multinational law enforcement team, working with Cameroon Navy Ships Ntem (108) and Sanaga (109), conducted the first ever at-sea customs and fisheries boardings supported by Cameroon Navy. The Cameroon Navy vessels patrolled the entirety of the Cameroon Exclusive Economic Zone for 12 days while conducting at-sea law enforcement operations. In the first AMLEP with Cameroon, U.S.
Financial Institutions Visit Panama Canal
The five international financial institutions partially financing the Panama Canal Expansion Program traveled to Panama earlier this week to see the 96.6 percent progress made thus far. During their three-day visit to the Canal, representatives were guided through the Agua Clara and Cocoli locks, as well as the fourth phase of the Pacific Access Channel (PAC-4). They also toured the Canal’s training centers: the Center for Simulation…
Kleven Launch 116 m Yacht
Norwegian ship builder Kleven launched its build no 370 today – a 116 metre long Expedition Support Vessel. This is the second vessel from Kleven to Mr Graeme Hart, and as with the first vessel, Mr Hart and his family attended the launch seremony at the yard in Ulsteinvik, Norway. The first vessel, 107 m long Ulysses, was delivered from Kleven Verft in 2015, and is now on her first cruise in the Mediterranean.
Virginia Port Volume Up 24%
The Port of Virginia in February processed 220,726 twenty-foot equivalent units (TEUs), a 24 percent increase when compared with February 2015. “Last February’s volumes were affected by several snowstorms, but it is important to note that the strength of our increase was far greater than the impact of last year’s weather,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority.
PCA Announce New Booking & Service Tariff
The Panama Canal Authority (PCA) announced the following new booking and PCSOPEP tariffs for the neopanamax vessels and modifications to other pilot related tariffs, in preparation for the upcoming opening of the neopanamax locks. Elimination of the tariff for Daylight Transit requested with less than 3 days in advanced of reserved date. All requests for daylight transit, if approved, will be assessed Tariff item #1050.0247 ($30000.00).