Indian Naval Ships Call At Port Louis, Mauritius
Indian Naval ships Kolkata and Aditya, under the Command of the Flag Officer Commanding Western Fleet, are in Mauritius since 1st September 2016, in a demonstration of India's commitment to its ties with Mauritius and to promote maritime security in the Indian Ocean region. INS Kolkata is commanded by Captain Rahul Vilas Gokhale and INS Aditya is commanded by Captain Vidyanshu Srivastava. The ships…
Rotterdam Port Tests In-Water Drones
The Port of Rotterdam is pioneering a new technology it says will make the port smarter: a water drone. Ever since the 'insane' plan of Pieter Caland to build the Nieuwe Waterweg, new solutions that make the port of Rotterdam smarter, more efficient, better and more sustainable are thought up constantly. One of the latest developments is the water drone. “Innovation flows through Rotterdam, like the water through the Maas,” a poetic entrepreneur once said. That is definitely true.
DP World Signs MOU With Summa Group In Russia
Global trade enabler DP World and the Summa Group, a diversified business with significant infrastructure investments in Russia, have signed a Memorandum of Understanding (MoU) to explore investment opportunities in ports, special economic zones and inland logistics facilities in the Russian Federation. According to the MOU, the parties have decided to enter into preliminary discussions to consider the potential of a relationship between them to develop investment opportunities in ports…
India to Revive Irano Hind Shipping Company
India's government owned Shipping Corp. of India Ltd (SCI) plans to revive a 40-year-old joint venture with an Iranian company after a gap of 4 years, reports Bloomberg. The recent removal of anti-Tehran sanctions opened the way for resuscitating Irano Hind Shipping Co., which potentially offers access to Central Asian markets such as Kazakhstan, SCI Chairman B. B. Sinha said. “We don’t want this company to just die out,” he added as cited by Bloomberg.
Tanker Sale & Purchase Update
For now, the Sale & Purchase (S&P) market is pretty dead (because the charter markets are also slightly lifeless). S&P transactions for tankers have almost halved so far this year (Jan 1-Sept 2), reports Alibra Shipping Ltd. Research. This year, Alibra has tracked 191 tankers changing hands, compared to 303 at this point last year. Some 15 VLCCs have been sold this year, compared to 42 during the 2015 period. This year, 4 VLCCs have been sold as resales compared to 20 this time last year.
India Shelves Plan for More DCNS Submarine
Following the leak of secret data about Scorpene submarine capabilities, in ‘The Australian’ newspaper last month, India is believed to have decided not to let French naval contractor DCNS a fresh proposal for three new submarines, as per a report in the Reuters. The DCNS is building six Scorpenes in Mumbai’s Mazgaon Docks shipyard. The trial of one of the submarines was conducted in May this year. All six will be inducted into Indian Navy by 2020.
Parker Kittiwake Launches Condition Monitoring Starter Kit
Parker Kittiwake today launched the Condition Monitoring Starter Kit. The kit combines the Parker Kittiwake DigiCell combined kit, the Holroyd MHC-Bearing Checker, and a PC tablet with a condition monitoring routine and log book pre-loaded on it to help guide the user in using the products for maximum effect. Created with the aim of introducing the power of condition monitoring to those owners and operators less familiar with it…
Kenya Commissions Terminal at Mombasa
Kenya on Saturday inaugurated the first part of a new container terminal at Mombasa which is expected to boost by 50 percent the volume of cargo handled by East Africa's largest seaport.