Iran, Kazakhstan to Establish Joint Shipping Company
Iran and Kazakhstan established a joint shipping company to boost trade, said the managing director of the Islamic Republic of Iran Shipping Lines (IRISL). Mohammad Saeedi told Tasnim News Agency that Iran and Kazakhstan's state-owned railroad companies had established the joint shipping company to connect Central Asia to southern Iran. The IRISL chief said the head office of the firm is in the Iranian…
Cochin Shipyard Spreads its Wings
After successfully completing its initial public offer (IPO) recently, India's Cochin Shipyard Ltd (CSL) has lined up expansion projects. The IPO's proceeds will be utilised to fund these expansions. The PTI reported that CSL is now setting sail to newer shores as it looks to set up ship-building and repair facilities in Andaman and Nicobar, Gujarat, Kolkata and Mumbai. The report quoted Nitin Gadkari, Indian Shipping Minister, saying that the government is expanding Cochin Shipyard.
India's Essar Plans Four LNG Terminals
Ruias-owned Essar Ports Ltd is exploring the possibility of setting up four Liquefied Natural Gas (LNG) terminals in joint ventures with other companies, reported Economic Times. Rajiv Agarwal, managing director and chief executive of Essar Ports, told PTI at a company-run facility here. He said the company is looking at a cluster of small ports which will be closer to potential customers, adding that Hazira and Salaya…
Total, Chevron Team up in Gulf of Mexico Oil Exploration
Total announced that its subsidiary, TOTAL E&P USA, INC., has entered into an agreement to capture seven prospects operated by CHEVRON U.S.A. INC. in the deepwater Gulf of Mexico. The agreement covers 16 blocks. The associated prospects are located in two promising plays and areas of the GoM: Wilcox in Central GoM next to the Anchor discovery, and Norphlet in Eastern GoM nearby to the Appomattox discovery.
PPP Investment in Port Tampa Bay
Port Tampa Bay approved a public-private partnership (PPP) agreement with four other entities to divvy up who will pay for a $60 million widening and extension of the Big Bend Channel. The strategic partners include the U.S. Army Corps of Engineers, the Florida Department of Transportation (FDOT), Tampa Electric Co. and Mosaic Co., a global fertilizer company which is one of port's largest tenants along with Tampa Electric.
Operations Begin at New Fujairah Port
Abu Dhabi celebrated the official commencement of operations of Fujairah Terminals in the East coast of the United Arab Emirates. The announcement came following an official event held at Novotel Fujairah, attended by Sheikh Saleh bin Mohammed Al Sharqi, Chairman of the Board of Port of Fujairah, Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, along with a delegation of Senior Managers, Key Stakeholders and Customers.
Transocean Retires Six Floaters
Transocean announced its intent to retire the ultra-deepwater floaters GSF Jack Ryan, Sedco Energy, Sedco Express, Cajun Express, and Deepwater Pathfinder, and the deepwater floater Transocean Marianas. The rigs will be classified as held for sale and will be recycled in an environmentally responsible manner. All six rigs were previously cold stacked. The company will recognize an impairment charge of approximately $1.4 billion during the third quarter of 2017 associated with these actions.
DP World, Suez Canal to Build Egypt El Sokhna
Chairman of the Suez Canal Authority Mohab Mameish and CEO of DP World Sultan Ahmed Bin Sulayem signed an initial partnership agreement in the UAE to establish a major development company for the development of Ain Sokhna, Al-Ahram daily reported. The partnership was first announced in August following talks between Egyptian President Abdel-Fattah El-Sisi, CEO of DP World Sultan Ahmed Bin Sulayen and Mamish.
IMC Envisages Singapore as Global Maritime Hub
The International Maritime Centre (IMC) 2030 Advisory Committee, established by the Maritime and Port Authority of Singapore (MPA) in August 2016, has submitted the IMC 2030 Strategic Review report to the Singapore Government. The Committee’s vision is for Maritime Singapore to be the Global Maritime Hub for Connectivity, Innovation and Talent. The Committee, chaired by Mr Andreas Sohmen-Pao, Chairman of BW Group…
Australian Navy Commissions Hobart (II) – One in a Million
Royal Australian Navy will commission the first of three new destroyers today (On 23 September). In continuing our reflective stories of previous ships that have carried the name HMAS Hobart, this is the story of Hobart (II). The second ship to bear the name Hobart was one of three Perth class guided missile destroyers built in the United States for the Royal Australian Navy. She was commissioned at the Boston Navy Yard on 18 December 1965 under the command of Captain Guy Griffiths.
MOL Group Seeks Startups Offering Innovative Solutions
MOL Group has announced a call for applications for startups with innovative solutions in the fields of mobility, loyalty marketing and big data, retail, as well as parcel delivery and distribution. The 3-month program, taking place in Budapest, in cooperation with the Hungarian incubation agency Design Terminal, is directed at startups whose solutions meet one of the objectives of MOL Group’s 2030 strategy: to become the first choice of customers on the move.
MOL Issues "Safety, Environmental and Social Report 2017"
Mitsui O.S.K. Lines (MOL) has announced the publication of its Safety, Environmental and Social Report 2017 on September 21, 2017. The Safety, Environmental and Social Report 2017 proactively discloses the MOL Group's initiatives on environment, society, and governance (ESG). This year's report contains special features on the materiality (issues to address) that the group should emphasize. Special Feature 1: CSR Dialogue…
MTCC-Asia is Up and Running
Maritime administrators from over 20 countries across Asia have gathered at the first regional event of Asia’s Maritime Technology Cooperation Centre (MTCC-Asia) to discuss ways to bring shipping into a low carbon future. More than 50 participants joined representatives from the EU and IMO at the Shanghai Maritime University (18-22 September) to discuss national priorities and barriers relating to topics such as greenhouse gas control…
India's INS Satavahana Concludes Basic Submarine Course
Passing out ceremony of Basic Submarine Courses for Sindhughosh and Shishumar Class was held at Submarine School, INS Satavahana on 22 Sep 17. A total of 39 officers and 47 sailors successfully completed their training and will now be moving to submarines at Mumbai and Visakhapatnam for Sea Training. Rear Admiral V Srinivas NM, Flag Officer Submarines was the Chief Guest for the ceremony and gave away the book prizes and awards to the meritorious trainees.
Marine Environment and Impact of Mine Tailing
The impacts of wastes and other matter in the marine environment from mining operations is at the core of a working group from the Joint Group of Experts on the Scientific Aspects of Marine Environmental Protection (GESAMP) which is meeting at International Maritime Organization (IMO) Headquarters in London (20-22 September). This is the group's first formal meeting and it aims to provide independent…
Crowley Sends Cargo Flow to Puerto Rico for Hurricane Relief
Crowley Maritime Corp. announced that it has established a flow of relief cargo into San Juan, Puerto Rico, following Hurricane Maria, the devastating Category 4 storm that made direct impact with the island on Wednesday. To make this possible, Crowley has four vessels loaded with a mix of relief and commercial cargo currently en route to the company’s Isla Grande terminal in San Juan, with two more scheduled to follow. These six vessels will begin entering the harbor as soon as the U.S.
Wiernicki Named Mass. Maritime’s Person of the Year
Christopher J. Wiernicki, Chairman, President and CEO of ABS, was recognized for his distinguished career of excellence, innovation and service to the maritime industries by the Massachusetts Maritime Academy (MMA) as this year’s recipient of the Maritime Person of the Year Award on September 21, 2017 in New York City. The honoree is presented with the Captain Emery Rice Medal and awarded annually to a civilian or military leader from around the globe.
Hasuly Joins The Shearer Group
The Shearer Group, Inc. (TSGI) announced a new addition to its naval architecture, marine engineering and marine surveying firm, Anne Hasuly, P.E. Hasuly has recently joined TSGI as a naval architect. She is a licensed Professional Engineer in the state of Texas and holds a B.S. in Naval Architecture & Marine Engineering from the University of New Orleans. Anne is also a member of the Society of Naval Architects & Marine Engineers and the Louisiana Engineering Society.
General Dynamics Delivers Submarine Colorado
General Dynamics Electric Boat delivered the nuclear-powered attack submarine Colorado (SSN 788) to the U.S. Navy. The 15th ship of the Virginia Class, Colorado…
Yanmar Provides Green Power for New Trawler
Norway’s newest and largest factory stern trawler features an auxiliary engine package from Yanmar, based on two 6EY22ALW generating sets. The 81.2m long, 16.6m beam MV Granit was built at the Tersan shipyard in Turkey to the Skipsteknisk ST-117 design for Austevoll Island-based Halstensen Granit AS. The ship, yard number NB1067, was handed over to the owner at the end of August 2017. MV Granit is equipped for both white fish and shrimp, with all catches processed on board.