International Ship Repair Facility at Cochin Shipyard
The Minister of Shipping in India, Nitin Gadkari has said that Cochin is all set to become a global ship repair hub. He was speaking at Cochin, after laying the foundation stone for a INR 970-crore (USD 148 million) International Ship Repair Facility (ISRF) for Cochin Shipyard Limited. The facility is being built at Cochin Port Trust where CSL has leased out a 40-acre plot for the project. The International…
Cooperation for Oil Spill Preparedness in Africa
A regional conference of countries in west, central and southern Africa has committed to continue to work at both national and regional levels to boost preparedness to deal with oil spill incidents which could be devastating both for the marine environment and financially. The conference (6-9 November) in Abidjan, Côte d'Ivoire, was hosted by CIAPOL, the Ivoirian pollution control centre. It brought together industry and government focal points from 20 out of 22 west…
MPA Introduces Service Enhancements and Training
More than 4,600 ships flying the Singapore flag will benefit from service enhancements to be introduced from November 2017 by the Maritime and Port Authority of Singapore (MPA). Singapore-incorporated maritime companies will also receive assistance in the form of training on sustainability reporting. These initiatives were announced by Chief Executive of MPA, Mr Andrew Tan, at the Singapore Registry of Ships (SRS) Forum.
Transporting Hazardous Substances by Ship
Transporting hazardous and noxious substances (HNS) by sea is a vital trade. Chemicals, LPG, LNG and other products are important to many manufacturing and energy processes and International Maritime Organization (IMO) regulations ensure their safe transport. However, when incidents do happen, IMO’s HNS Convention helps to ensure that those who have suffered damage have access to a comprehensive and international liability and compensation regime.
UK Shipping Seeks to Double Seafarer Training Fund
The UK Chamber of Shipping, with backing from 40 shipping companies, has this week written to the Secretary of State for Transport, Chris Grayling, asking the Government to double the amount of funding available for seafarer training as soon as possible. The letter was also sent to the Chancellor of the Exchequer, Philip Hammond and the Minister of State, Department for Transport, John Hayes. The UK Chamber…
Cooperation Key Among Maritime Universities
Cooperation between academic institutions is key in ensuring the next generation of maritime professionals is well prepared. In this spirit, International Maritime Organization (IMO)'s Juvenal Shiundu delivered a keynote address at the opening ceremony of the International seminar on mutual cooperation between IMO, World Maritime University (WMU) and Korea Maritime and Ocean University (KMOU) in Busan, Republic of Korea (11 November).
Boston Carriers Completes Contract of MV Nikiforos
Boston Carriers announces that on October 2017, Nikiforos completed a spot voyage contract to transport approximately 33,000 tons of dry bulk cargo from South America to the Middle East. The contract contributed approximately 1,283,000 USD in the revenues of the Company. Nikiforos has transported approximately 183,000 tons of dry bulk cargo from the beginning of the year and until the date of completion of this voyage and has produced operating revenues of approximately 3…
MOL's Coal Carrier NAGARA MARU to Serve JERA Trading
Mitsui O.S.K. Lines (MOL) announced the delivery of the coal carrier NAGARA MARU, which will serve Singapore-based JERA Trading, was delivered at Imari Shipyard and Works of Namura Shipbuilding on November 17, 2017. The vessel, which was jointly developed by Namura Shipbuilding and MOL, is a state-of-the-art coal carrier with a wide-beam/shallow-draft configuration and wide range of advanced safety and energy-saving features.
Cruise Ships & Environmental Risk: ‘No Silver Bullet’
LONDON - “Sustainability is core to the cruise industry; but there is no silver bullet or one solution to fit all.” This was the key message that echoed across the panel of speakers at Thursday, November 16, 2017, IMMEDIASEA Shipping Debate Forum in London. The lively discussion between representatives of Carnival Corporation, Wartsila Marine Solutions, Bellona, DNV GL, Jotun and Hurtigruten highlighted a shared vision of a green and sustainable future for the industry.
US Navy Assists in Hunt for Lost Argentina Sub
The U.S. Navy has ordered its Undersea Rescue Command (URC) based in San Diego to deploy to Argentina Nov. 18, to support the South American nation's ongoing search for the Argentinean Navy submarine A.R.A. San Juan in the Southern Atlantic. URC is deploying two independent rescue assets based on a number of factors, including the varying depth of ocean waters near South America's southeastern coast and the differing safe operating depths of the two rescue systems. Three U.S.
GPA Approves Savannah Port Expansion
The Georgia Ports Authority (GPA) has approved the rail and gate expansion projects that will significantly boost capacity at the Port of Savannah’s Garden City Terminal - North America’s biggest container terminal. “A strong Southeast U.S. economy, on-terminal expansion, and investment by private logistics firms throughout the region have resulted in phenomenal growth for Georgia,” said Executive Director Griff Lynch.
American Maritime for Puerto Rico Recovery
The American Maritime Partnership – the voice of the domestic maritime industry – today issued the following statement to set the record straight on the importance of American maritime for Puerto Rico recovery and the capacity and capability of Jones Act vessels to meet Puerto Rico’s present and future needs. “While the American Maritime industry was delivering cargo to the docks of Puerto Rico with relief supplies within hours of the hurricane passing…
Bahri Optimistic of Oil Tanker Market
Bahri, a global leader in transportation and logistics, is very optimistic about the future of the oil tanker market and it believes that there will continue to be demand for this market, said Mohammed Al-Sarhan, Vice Chairman of Bahri, who possesses extensive experience in oil and gas, transportation and logistics, and other sectors. He was talking in the annual Bahri Oil Transportation Forum, which was held in Dubai last week.
Cananda Chamber of Shipping on Anchorage Operations
The Chamber of Shipping welcomes the federal government’s announcement of details concerning the review and modernization of anchorage operations as part of the Oceans Protection Plan. Commercial shipping results in $30 billion of economic activity annually in Canada and, at 1.8% of the Canadian economy, ships move more than $200 billion worth of goods to and from global markets. From farmers to retailers…
Tomini Places Order for 3 Kamsarmaxes
UAE-based Tomini Shipping has increased its fleet size further with an order for three Kamsarmaxes. The 82,000 DWT ships are being built by Taizhou Kouan Shipbuilding Co, a successful private shipyard in China with over 40 years of shipbuilding experience. The vessels are scheduled for delivery from the second half of 2019 onwards and follow the company’s order earlier this year for three newbuilding bulk carriers from another prominent Chinese shipyard.
Moody's on Shanghai Port Tariff Cut
Moody's Investors Service says that the announcement by China's National Development and Reform Commission (NDRC) of a cut in the handling tariff for import and export containers is credit negative for Shanghai International Port (Group) Co., Ltd (SIPG), but will not immediately affect SIPG's A1 issuer rating or the A2 backed senior unsecured bond ratings of Shanghai Port Group (BVI) Holding Co., Ltd. The ratings outlook remains stable.
Wärtsilä Supplies Propulsion for Fishing Vessel
Lunar Fishing Company Ltd, based in Scotland, is replacing its existing Lunar Bow purse seiner trawler with a new ship having the same name. The primary considerations were to achieve both economic and environmental benefits through selecting the market’s most efficient propulsion machinery. The vessel is being built at the Karstensens Skibsvaerft shipyard in Denmark and will feature a fully integrated propulsion solution from Wärtsilä.
Trafigura to Develop Another Pakistan LNG Import Project
Swiss commodity trader Trafigura said it plans to develop its second liquefied natural gas (LNG) import terminal in Pakistan, alongside an existing project in which it has a minority stake. At a inauguration ceremony for Pakistan's second LNG import project, Pakistan GasPort Ltd (PGPL), in Port Qasim in Karachi, the trader said it would add a jetty, berth and a second floating storage and regasification unit (FSRU) to the existing facility.
Kleven: MoU to Build Diamond Mining Ship
Kleven signed a memorandum of understanding (MoU) with Namibian offshore diamond mining company De Beers Marine Namibia for the building of an offshore vessel purpose-designed to support seabed mining operations. Designed by Marin Teknikk of Norway, the 176m ship will be the longest vessel to date to be built at the Kleven yard in Ulsteinvik, Norway. The MoU follows Kleven's June 2016 delivery of SS Nujoma to De Beers Marine Namibia.
Mombasa Port Traffic up 10 pct in Jan-Sept
Kenya's main port, Mombasa, handled 10.6 percent more cargo in the first nine months of this year, helped by an expansion of its handling capacity and a new railway system, the port’s management said on Monday. Activity in east Africa's biggest port is considered a measure of economic activity for the region. Mombasa handles imports such as fuel for Uganda, Burundi, Rwanda, South Sudan and eastern Democratic Republic of Congo.