U.S. Scoops up Overseas Fuel Oil in pre-IMO Push
The United States is taking advantage of record-low prices of one of the world's dirtiest fuels by buying record volumes, which it intends to upgrade into cleaner products before new shipping rules take effect, trading and analyst sources say.U.S. trade sources said it recently had become economical to ship fuel oil from countries such as Russia, boosting imports of the product into the United States.This comes even as prices for high-sulphur fuel oil (HSFO) on the U.S. Gulf Coast…
Sovcomflot CEO to Switch to Chairman
Sergei Frank will step down as president and chief executive of Russian state-controlled shipping giant Sovcomflot after 15 years at the helm, four sources familiar with the decision told Reuters on Tuesday.Frank will give up operational control of Sovcomflot and take over as chairman of the company's board, two of the sources said.It was not immediately clear why Frank, 59, was moving position.
Sea Shepherd, Namibia Fight Fisheries Crime
The Namibian Ministry of Fisheries and Marine Resources (MFMR) compliance officials and Sea Shepherd, onboard the Ocean Warrior, have jointly carried out successful surveillance activities in Namibia`s Exclusive Economic Zone (EEZ), effectively causing illegal factory trawlers to abandon the Skeleton Coast.The main objective of these joint patrols was to tackle Illegal, Unreported and Unregulated (IUU) fishing in Namibian waters. These initiatives assisted the MFMR and other Namibian…
Iranian Port Targets CIS Countries
Iran's Port of Amirabad is aiming to strengthen and develop transit from CIS countries to Afghanistan through the port.Managing Director of Amirabad Port Siavash Rezvani visited the Special Economic Zone of Dogharoon in line with the plans of pushing transit from Commonwealth of Independent States (CIS) countries to Afghanistan through Amirabad port.The Commonwealth of Independent States is a regional intergovernmental organization of 10 post-Soviet republics in Eurasia formed following the dissolution of the Soviet Union.According to a press release from the Ports & Maritime Organization (PMO), Iran, while visiting the Special Economic Zone of Dogharoon, Siavash Rezvani stated that Afghanistan is one of the target markets for the transit of goods from Caspian littoral states.Amir Abad por
U.S. and Gulf Allies Face Task Protecting Oil Shipping Lanes
The United States and its allies may need to to start escorting commercial vessels to prevent further attacks in Gulf oil shipping lanes, Gulf sources and experts said.Even then, the conventional naval and air capabilities of Western and Gulf powers tasked with policing vital commercial waters may be of limited use against the asymmetric warfare tactics suspected in recent operations, including naval mines.Six tankers have been hit in the past month in two attacks near the Strait of Hormuz…
Russia Struggles to Modernize its Navy
President Vladimir Putin calls improving the Russian navy's combat capabilities a priority.The unfinished husks of three guided-missile frigates that have languished for three years at a Baltic shipyard show that is easier said than done.Earmarked for Russia's Black Sea Fleet, the frigates fell victim to sanctions imposed by Ukraine in 2014 after Russia annexed the Crimean peninsula, prompting Kiev to ban the sale of the Ukrainian-made engines needed to propel them.With Moscow unable to quickly build replacement engines for the Admiral Grigorovich-class frigates, construction stopped.
Oldendorff Sells Three Vessels in in CSL Pool to Algoma
The dry bulk operator Oldendorff Carriers sold the three remaining self-unloaders still operating in the CSL Pool for US$100.5 million to Algoma Central Corporation.CSL International Pool is a partnership between Oldendorff Carriers, Marbulk Shipping Inc. and Algoma Shipping Inc.The vessels -Sophie Oldendorff (70,037 tdw built 2000), Harmen Oldendorff (66,188 tdw built 2005) & Alice Oldendorff (50,259 tdw built 2000) - are expected to deliver to Algoma around the middle of 2019.All…
US Aircraft Carrier in Arctic after Three Decades
A US aircraft carrier strike group has entered in the frigid waters north of the Arctic Circle for the first time since the Soviet Union collapsed to join a massive NATO naval drill close to Russian border.According to a press communication from the United States Navy, for the first time in nearly 30 years, a U.S. aircraft carrier entered the Arctic Circle Oct. 19 to conduct operations in the Norwegian Sea.Accompanied by select ships from Carrier Strike Group Eight (CSG-8), the Nimitz-class aircraft carrier USS Harry S.
Venezuela Dodges Oil Asset Seizures with Export Transfers at Sea
Venezuela's state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring oil between tankers at sea and loading vessels in neighboring Cuba to avoid asset seizures.But the OPEC member nation is still fulfilling less than 60 percent of its obligations under supply deals with customers.Venezuela has been pumping oil this year at the lowest rate in three decades after years of underinvestment and a mass exodus of workers. The state…
White House Escalates China Trade Dispute in hopes for Early Solution: Kemp
The United States has adopted an "escalate to negotiate" strategy towards China, threatening a dramatic hike in tariffs to try to force a resumption of trade talks while the U.S. economy remains strong and as elections approach in November.U.S. President Donald Trump has reportedly rejected a plan to levy tariffs of 10 percent on an additional $200 billion of imports from China and ordered aides to prepare a proposal for tariffs at the higher rate of 25 percent.The levies are…
China's First Home-built Aircraft Carrier Begins Sea Trials
China’s first domestically built aircraft carrier headed out for sea trials on May 13, Chinese state media reported. The report said that the new aircraft carrier, temporarily named Type 001A, sailed out at around 7 a.m. in Dalian, in the northeast province of Liaoning. The Chinese Navy — officially the People’s Liberation Army Navy — already has one operational carrier, the Liaoning, which it bought unfinished from Ukraine after the collapse of the Soviet Union. So, the 50,000-tonne ship will become the country's second aircraft carrier…
Orest Sychenikov, First Head of Novorossiysk Shipping Company, Passed Away
It is with great sadness that the Sovcomflot management and team must announce a monumental loss to the Russian shipping community. On 9 October 2017, Orest Sychenikov, first Head of Novorossiysk Shipping Company, passed away at the age of 95. On 9 October 2017, we lost a highly educated man, a talented leader who made a massive contribution to the strengthening and development of Russian maritime navigation. Orest Sychenikov was born on 28 June 1922. In 1941, he was called up to the Red Army to fight in the Second World War, during which was seriously wounded in 1943.
Russia Ramping Up Arctic Push
The nuclear icebreaker Lenin, the pride and joy of the Soviet Union's Arctic great game, lies at perpetual anchor in the frigid water here. A relic of the Cold War, it is now a museum. But nearly three decades after the Lenin was taken out of service to be turned into a visitor attraction, Russia is again on the march in the Arctic and building new nuclear icebreakers. It is part of a push to firm Moscow's hand in the High North as it vies for dominance with traditional rivals Canada, the United States, and Norway as well as newcomer China.
Cuban Refined Oil Product Exports Drop Sharply
Cuban exports of refined oil products fell about 97 percent between 2013 and 2016, according to a United Nations trade report released this week, reflecting falling supplies from its political ally Venezuela. The UN Comtrade annual report put the value of Cuban fuel exports last year at $15.4 million, compared to more than $500 million in 2013. The amounts for 2015 and 2014, when oil prices collapses, were $163.5 million and $336.8, respectively. The figures were based on import data from reporting countries, which may make them incomplete. The communist-ruled Caribbean nation does not publish oil-related export information. Cash-strapped Cuba reported its exports of goods…
Arctic Council Meeting Stirs Hidden Tensions
As foreign ministers from countries with territory in the far North celebrated an agreement on fighting climate change this week, one topic seethed below the surface: growing competition for Arctic resources and sea lanes as the ice melts. Russia, one of eight members of the Arctic Council which includes the United States, Canada and the Nordic countries, has been pouring money and missiles into the Arctic as well as reopening and building bases there. This is bringing its Arctic military presence to the highest level since the 1991 fall of the Soviet Union.
This Day In Naval History: June 24
1833 - The frigate Constitution is the first vessel to enter the newly-built dry dock at the Charlestown Navy Yard, Boston, Mass. for overhaul. A false rumor circulates in Boston in 1830 that the U.S. Navy intends to scrap the ship; young Oliver Wendell Holmes pens his poem "Old Ironsides", becoming a rallying cry to save the ship. 1944 - Torpedo bomber TBM aircraft (VC 69) from USS Bogue (CVE 9) sink Japanese submarine (I 52), 800 miles southwest of Fayal, Azores. 1944 - Navy submarines USS Grouper (SS 214), USS Redfin (SS 272) and USS Tang (SS 306) attack Japanese convoys off the coast of Japan, sinking seven enemy vessels. 1948 - The Berlin airlift Operation Vittles is initiated to offset the Soviet Union's blockade access of the U.S.…
This Day In Naval History: August 1
1801 - The schooner, USS Enterprise, commanded by Lt. Andrew Sterett, encounters the Barbary corsair, Tripoli, west of Malta. After a three-hour battle, USS Enterprise broadsides the vessel, forcing Tripolis surrender. 1849 - Pope Pius IX and King Ferdinand of the Two Sicilies, briefly visit USS Constitution and marks the first time that a Roman Catholic pope steps foot on American territory. 1921 - A high-altitude bombsight, mounted on a gyroscopically stabilized base was successfully tested at Torpedo Station, Yorktown, Va. This test was the first phase of Carl L.
Kangnam To Build Minesweepers Ships in India
South Korea's Kangnam Corporation will jointly build 12 mine countermeasure vessels (MCMV) in India in collaboration with India's state-owned Goa Shipyard Limited (GSL), reports Hindustan Times. The project comes under under the Modi government’s Make in India programme and is likely to cost more than Rs 32,000 crore ($4.8 billion). “We are in the final stage of concluding the contract. It should be done in three to four weeks,” Hindustan Times quoted GSL chairman Rear Admiral Shekhar Mital as saying. The navy needs to fill gaps in its mine warfare capability.
Helen Delich Bentley Dies at 92
Helen Delich Bentley, a former journalist and a U.S. Republican congresswoman from Maryland who gained global attention by smashing Japanese goods to protest Tokyo's trade policies, died over the weekend at the age of 92, officials said. Bentley upset a longtime Democratic congressman to win a U.S. House of Representatives seat in 1984, a year in which Ronald Reagan's landslide victory in the presidential race helped bring several new faces from the party to Congress. The five-term congresswoman was a staunch advocate for the port of Baltimore and the state's maritime industry.
Long Beach Port Acquires 125 Acres for Cargo Ops
U.S. Navy, Maritime Administration and California Environmental Protection Agency representatives joined City and Port officials today to commemorate the approval to transfer ownership of 125 acres of the former Naval Complex to the City of Long Beach. The property transfer commemoration highlighted the economic success of a thriving shipping terminal and other operations at the former Navy facility. Today, the Pier T container terminal is one of the Port of Long Beach’s busiest — able to accommodate megaships and handling billions of dollars’ worth of trade.
Russia Honours First British Arctic Convoy, 75 Years On
British and Russian World War Two veterans gathered on Wednesday in Arkhangelsk, 75 years to the day since Britain's first Arctic convoy of military supplies steamed into the northern port. Britain's Princess Anne has been among those attending events honouring those who sailed, and the thousands who died, protecting supply convoys dispatched to aid the Soviet Union against Nazi Germany. On Aug. 31, 1941, two months after Hitler's surprise attack on his erstwhile ally prompted Josef Stalin to seek support from a beleaguered Britain, the first convoy, codenamed "Dervish", sailed into Arkhangelsk, or Archangel, after a 10-day crossing.
Russia, Japan Discuss Islands Dispute 'In-depth'
Russia's President Vladimir Putin and Japan's Prime Minister Shinzo Abe agreed on Friday to draw up proposals this year to end a row over a group of disputed islands that has bedevilled relations between their countries for over 70 years. The dispute stems from the Soviet Union's decision, in the final days of World War Two, to seize the islands - known in Japan as the Northern Territories and in Russia as the Southern Kuriles - that Tokyo says are its sovereign territory. Concessions over the islands would carry risks for Putin but could boost Japanese investment in Russia at a time when Moscow, battered by low global oil prices and Western sanctions, badly needs an injection of cash.
Russia to Build Permanent Syrian Naval Base, Eyes Other Outposts
Russia will create a permanent naval base in Syria to expand its military footprint in its closest Middle East ally, a government official said on Monday, a week after Moscow said it was considering reopening Soviet-era bases in Vietnam and Cuba. The move, announced by Russian Deputy Defence Minister Nikolai Pankov, is further evidence Russia is building up its capabilities in Syria despite a partial drawdown in March and another sign it is digging in for the long haul to help prop up President Bashar al-Assad.