Hyundai Heavy Foreign Ship Orders At $440M South Korea's Hyundai Heavy Industries Co. won $440 million in foreign shipbuilding orders for 11 vessels so far this month. The details are as follows: -Taiwan's Yangming Marine Transport Corp. ordered two 5,500 teu container carriers -A Greek shipping firm ordered two 172,000 dwt bulk carriers -An Indian shipping firm ordered one 75,000 dwt bulk carrier -South Africa's Safbulk ordered four 172,000 dwt bulk carriers -Turkey's Besiktas ordered one 165,000 dwt crude carrier -Liberia's Countess Shipping ordered one 73,000 dwt oil product carrier
A leading maritime company has launched a push to prevent hundreds of dangerous, unseaworthy ships from being detained at Australian ports. Australian Reef Pilots (ARP) has started providing ship safety audits at overseas ports to assess whether foreign ships bound for Australia are up to standard. ARP General Manager Alan Maffina said the Australian Maritime Safety Authority (AMSA) aimed to randomly inspect about 80% of vessels calling at Australian ports and would not hesitate to delay
Japanese shipyards received foreign orders for 21 vessels totaling 581,100 grt in July, down 39.6 percent from a year before, the Japan Ship Exporters' Association reported. Nineteen orders were for bulk carriers and two for freighters, it said. The statistics include orders association members received for steel vessels of 500 grt or more.
The US Department of Justice said that a foreign ship operator was fined $400,000 (and assessed a $100,000 community service payment) for violation of the Act to Prevent Pollution from Ships (APPS) by failing to maintain an accurate oil record book. The company was also placed on probation for three years, during which time its ships will be banned from US ports and waters. The Department of Justice has requested the court to award half of the fine ($200
Japanese Prime Minister Yoshihiko Noda emphasized the importance of Japan's Self-Defense Force (SDF) during his fleet inspection. PM Yoshihiko Noda considered that the role of the SDF is increasing following emerging territory issues. Forty-five vessels participated in the event including ships from the United States, Australia and Singapore navies. It was the first participation of foreign ships in the MSDF fleet review since 2002, media reported.
Shanghai port container throughput rose 3.3 percent to a record 33.6 million TEUs (twenty-foot equivalent units) last year, according to official data just published, reports Xinua. According to the Chinese news agency, the city first became the world’s biggest container port in 2010 when it surpassed Singapore, and 2013 also saw a range of achievements in Shanghai shipping: the official opening of two-way traffic in the main channel of Yangshan Deep-water Port in October could help
The Federal Court of Appeals (FCA) of Canada ruled that the government is not liable for the extended detention of a ship based on an allegedly negligent port state control (PSC) inspection. In the instant case, a Canadian PSC boarding officer determined after a somewhat cursory inspection that certain frames on the foreign ship were excessively wasted and must be replaced before the ship could depart port. The trial court determined that the detention was not in accordance with
According to the Jakarta Post, police had confiscated a foreign ship and arrested six crew members for trying to smuggle ancient artifacts out of Indonesia. The arrest followed tip-offs from the Culture and Tourism Ministry and the Maritime Affairs and Fisheries Ministry. The Vanuatu-flagged ship, Sirens, was being held at Tanjung Priok Port after ancient artifacts from Cirebon were found on board. The boat's captain did not have a permit from the Culture and Tourism Ministry to carry such
The Senate passed the Coast Guard Authorization Act of 2004. Negotiations can now commence to resolve differences between this bill and the version adopted by the House of Representatives some time ago. The major difference between the two bills regards security plans for foreign vessels subject to the ISPS Code. The House bill would, in accordance with language in the Maritime Transportation Security Act of 2002 (MTSA)
Tom Allegretti, Chairman of the American Maritime Partnership (AMP), the voice of the domestic maritime industry, today highlighted the continued renaissance of the nation’s maritime sector, particularly its robust response to meet new water transportation demands created by the surge in domestic energy production. “The domestic maritime industry, with the Jones Act as its statutory foundation, is investing heavily to meet the transportation demands of a booming energy economy
Time has come for most shipowners to apply for renewal of their CLC, Bunker, Athens and Wreck Removal Certificates from the Danish Maritime Authority. Certificates must be renewed when the underlying insurance expires. Ships subject to a requirement for a certificate are not allowed
The cost of transporting containers from ports now shows signs of recovery after the fall of Hanjin Shpiping Co after a period of down play, says a report in Business Korea. It appears that the strategy of Maersk Line, the world’s largest shipping group which cuts down
South Korea’s Samra Midas Group (SM Group) said that it is looking to acquire some overseas shippers, among other businesses in an effort to expand its foothold in the maritime sector, Yonhap News Agency cited one of the company’s officials.
Taiwan’s troubled Yang Ming Marine Transport Corp is halting its container service to Iran, becoming the first foreign shipping line to abandon the route a year after international sanctions on Tehran were lifted, Reuters reported.
Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign shipowners remain reluctant to carry its cargoes. Tehran is seeking to make up for lost trade to Europe following the lifting of EU sanctions imposed in
Speaking at the Intermodal Association of North America on May 5 in Chicago, U.S. Federal Maritime Commissioner William P. Doyle discussed several of the shipping industry’s hottest topics, including ocean carrier consolidations and alliances, container weight VGM under SOLAS, and chassis.
Restrictions on Iranian tankers’ insurance have been removed and the country’s crude carriers are now allowed to enter any oil terminal in the world, National Iranian Tanker Company (NITC)'s CEO Ali Akbar Safaee said.
The Dewan Rakyat (House of Representatives) of the 13th Parliament of Malaysia has passed the Merchant Shipping Ordinance (Amendment) Bill 2016 aimed at standardizing national maritime law with the international maritime community, reports Bernama.
South Korea's largest shipping line Hanjin Shipping said bondholders agreed to extend the maturity of Won35.8bn ($30.1m) in debts by four months to September 23 this year, in a major step to help the company avoid bankruptcy. According to a report in the Korea Herald
The U.S. Navy conducted a series of cooperative air defense test exercises with the Spanish navy that culminated in live missile firing events using the latest Aegis Weapon System baseline July 20-21. The event was not only the first interoperability test of the latest Aegis Baseline 9
According to a latest report in Korea Times, South Korea's biggest container carrier Hanjin Shipping's efforts to settle the rescheduling deadlines for financing ships and reducing charter fees before the end of July has not yet be resolved.
Iran's defence minister said on Thursday four of his country's vessels accused of harassing a U.S. warship were only doing their job, and Tehran would contront any American ship that entered its waters. The vessels from Iran's Islamic Revolutionary Guard Corps (IRGC) conducted what a U.S
Plan B Energy Storage (PBES) said its marine energy storage system has received approval for use in electric and hybrid vessels in Norway, having met the new Norwegian Maritime Authority (NMA) standard. The lithium-ion battery manufacturer PBES
Two U.S. warships made port calls at Vietnam's strategic naval base at Cam Ranh Bay, the U.S. navy said on Tuesday, in a brief but symbolic return for U.S. combat vessels to what was a crucial logistics complex during the Vietnam War.
The two major port State control regimes - Paris MoU and Tokyo MoU - will increase focus on the sulphur limit regulations. The decision has been made on the basis of a Danish/Dutch proposal. Port State control authorities across 45 countries and 5 continents – South America, North America