DP World Acquires India's Continental Warehousing
Hindustan Infralog (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced that the transaction to acquire 90% stake in Continental Warehousing Corporation (Nhava Seva) Ltd in India has now closed.CWCNSL’s founders, the Reddy family, will retain the remaining 10% shareholding and will remain involved in the business operations. It is the first investment of HIPL, the recently created investment vehicle between DP World and NIIF to invest up to US$ 3 billion in ports, logistics and related sectors.DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, said: “We’re pleased to announce the completion of this acquisition and look forward to beginning this new growth journey, enabling India’s great commerce and trade potential.
3rd Annual Conference on Salvage & Wreck Removal
The 3rd Annual Conference on Salvage and Wreck Removal in India is to be held on Thursday, July 10, 2014 for the first time in Chennai at the Hotel Vivanta by Taj - Connemara, Binny Road, Chennai 600002. The Conference this year is presented by the Institute of Chartered Ship brokers (East India Branch). 2. examine recent accidents…collisions, groundings, oil spills and other casualties 3.
New Odessa Office for Wilhelmsen Ships Service
Wilhelmsen Ships Service has relocated its Odessa office to upgraded premises. The new offices, situated in the busy Ukrainian Black Sea port, offer a modern, safe and accessible environment for staff and customers. “Our new and modern offices are located in the heart of Odessa and are close to the harbour” said Vsevolod (Seva) Ivanov, General Manager for Wilhelmsen Ships Service in Ukraine. “This offers easy access for our staff and customers.” The new office address is: 21/23 Vice-Admiral Zhukov Lane, Business Centre “Olvia”, 7th Floor Office 73, 65026 Odessa, Ukraine. The move took place on 12th April 2010. www.wilhelmsen.com/shipsservice
T&T Bisso Refloats Grounded Vessel
T&T Bisso successfully refloated a bulk carrier that ran aground near Gwadar Port in Pakistan. Led by Salvage Master V. Seva, T&T Bisso mobilized a salvage team that included a naval architect and dive team, along with a high-horsepower tug, to refloat the grounded vessel carrying 50,000 metric tons of urea fertilizer. The crew safely refloated the 623.3-ft bulk carrier during high tide without having to lighter bunkers or cargo. The vessel and cargo were delivered to its owners with no damage to the environment. (www.ttbisso.com)
Seva Joins Bisso Marine
Bisso Marine, provider of energy and maritime support services, announced the addition of V. Seva to its management team. Based in Houston, Seva joins the company as project manager and salvage master. Before joining the company, Seva served as salvage master for Svitzer Salvage B.V., executing salvage operations worldwide from his base in the Netherlands. Prior, he was salvage master for Smit Singapore Pte Ltd. Seva began his maritime career as a deck cadet officer in the Merchant Marine and attained his Master Mariner qualification while sailing aboard chemical and gas tankers.
