Japanese FM Visits Colombo Port
Japanese Foreign Minister Taro Kono has visited the port of Colombo in Sri Lanka. Kono was briefed by Sri Lankan government officials about a project under consideration to expand the port. The Japanese Foreign Minister also visited the newly built control tower and the Colombo Port Expansion Project currently known as the Colombo south Port. Colombo is the largest port in Sri Lanka, which is a strategically important point in Indian Ocean sea lanes. Taro Kono was briefed by the Chairman of Sri Lanka Ports Authority (SLPA) Dr.
MOL Group Introduces New Management Plan
Mitsui O.S.K. Lines, Ltd. (MOL) announced a new three-year midterm management plan that will take effect in April 2014, called "Steer for 2020". MOL Group has been carrying out all plans in single-year plan "Rise 2013" with goals of restoring profitability and laying a strong foundation to return to a growth trajectory. Recognizing that the group is well on its way to achieving those objectives, it envisioned what the MOL Group should look like in 2020, set the course to arrive there, and incorporated it into a three-year plan called "Steer For 2020".
US Navy 30-year Plan Envisages About 300 Ships
The Navy’s new 30-year shipbuilding plan for 2013 shows few unexpected changes, projecting a slightly smaller average fleet size and slightly reduced shipbuilding rate. The plan, sent to Congress, projects an average fleet size through 2042 of 298 ships, a drop of seven ships from last year’s 306-ship standard. The force is projected to rise from today’s 282-ship level to 300 ships by 2019. Ten fewer ships are scheduled to be bought over the three-decade time span, reducing last year’s 276-ship 30-year total to 268, a drop from 9.2 ships per year to 8.9.
China Unveils 15-year Plan
China announced its 15-year plan to invest in technologies ranging from genetics to energy-efficient cars in an effort to spur economic growth and improve environmental protection. The plan issued by the Cabinet calls for China to raise spending on research to two percent of economic output by 2010 and 2.5 percent by 2020, although it didn't give the current spending level. It promises to encourage private research spending by offering tax breaks and improving patent and copyright protections. The new plan calls for development in 11 key areas, including the environment, agriculture, manufacturing, power generation and defense. It includes a call for pioneering work in genetic engineering, superconductors, deep-sea exploration, lasers and other technologies.
China Shipyard Delivers First Dolphin 64 Bulker
The 63,800 dwt bulk carrier 'Amber Champion' has been completed and named at the Chengxi Shipyard Co. A spokesperson for the shipbuilder addressed guests at the ceremony, and the following is drawn from that speech. The Dolphin 64 bulk carrier is an energy-efficient, environmental-friendly, and economic Supermax vessel. Not only does it have an index of each function much higher than the required baseline standards, but it also shows unparalleled economy over vessels of similar types. Designed by SDARI, and built by Chengxi Shipyard Co., Ltd, after consistent efforts of 10 months since the steel cutting on April 30, 2012, the first “Dolphin 64” bulk carrier was finally born along Yangtze River.
US Proposes Allowing Oil, Gas Drilling off Atlantic Coast
The Obama administration on Tuesday proposed allowing for the first time oil and gas exploration in a wide swath of U.S. waters off the Atlantic Coast. The 2017 to 2022 drilling plan begins a process that could take many years before waters off the coasts of Virginia, North Carolina, South Carolina or Georgia are cleared for drilling. It expands on the last five-year plan initially issued in 2010 that allowed drilling off Virginia. The administration canceled a lease sale there after BP Plc's deadly explosion and oil spill in the Gulf of Mexico that year. The plan includes a potential lease sale in the Atlantic around 2021 but it could be withdrawn if scientists discover that the area is too fragile.
NOIA Miffed Secretary Jewell Not Familiar with Ocean Policy
National Ocean Industries Association (NOIA) say they were surprised by Secretary Jewell’s unfamiliarity with National Ocean Policy, but encouraged by her statement on Including new areas in future offshore leasing plan. During a House Natural Resources Committee hearing, Congressman Rob Wittman (R-VA) questioned Secretary of the Interior Sally Jewell on his observation of an inherent conflict between management of offshore resources under the Outer Continental Shelf Lands Act and the Administration’s 2010 executive order establishing a National Ocean Policy. The Secretary indicated she was not familiar with this policy and would have to respond in writing.
Lawmakers Push for Shipbuilding Plan
According to a June 3 report from United Press International, several Republican congressmen are pushing to get U.S. Defense Secretary Robert Gates to put together a 30-year plan for building warships. Adm. Gary Roughead, chief of naval operations, said a quadrennial defense review to be presented to Congress early next year will lay out the shipbuilding issues. (Source: United Press International)
China May Support Nation's Struggling Shipbuilders
The Chinese government is expected to introduce support for the shipbuilding industry soon according to Asiais.com Citing an An Economic Information of China report, Asiais.com says that a 'Three-Year Plan to Strengthen China’s Shipbuilding Industry' is in the final stage of mediation, jointly provided by the three Chinese government agencies, the National Development and Reform Commission, the Ministry of Finance and the Ministry of Industry and Information Technology. In essence the government's measures would encourage replacing vessels aged over 15 years and offe ar 20% of subsidy out of the national treasury for vessels built in China's shipyards. Source: Asiais.com
Braemar Poised for Expansion
Braemar (Incorporating The Salvage Association) is poised to expand its marine surveying and consultancy services following its recent buy‐out by Braemar Shipping Services plc. The company is looking forward to taking advantage of the wider group’s extensive global office network to broaden its existing international expert marine surveying and consultancy service. The Association, which boasts a maritime history of more than 150 years, plans to expand its maritime services through its close association with complementary businesses in the Braemar Group, while maintaining its range of marine surveying and technical consultancy operations.
Salazar Statement on Leasing Court Ruling
U.S. Department of the Interior Secretary Ken Salazar issued the following statement regarding the U.S. “I am pleased with the Court’s decision. Consistent with the Department’s request, the Court clarified that its prior ruling only applies to the Chukchi, Beaufort and Bering Seas. On April 17, 2009 the U.S. Court of Appeals for the District of Columbia Circuit vacated the entire 2007-2012 Outer Continental Shelf oil and natural gas leasing program, ruling that Bush Administration officials did not conduct sufficient scientific and environmental analysis before scheduling oil and gas lease sales on the Outer Continental Shelf off Alaska. The ruling came two years after lease sales had begun under the 2007-2012 OCS oil and natural gas leasing program.
Construction to Start on New Damen Vinashin Shipyard
On 19 August 2010 the signing ceremony for the start of construction of the new shipbuilding facility of Damen Vinashin Shipyard in Haiphong, Vietnam took place in the head offices of the Vietnam Shipbuilding Industry Group (Vinashin) in Hanoi. Nguyen Duy Hung, Vice Operations Director of Song Cam Shipyard signed together with Erik van der Noordaa, Chief Operations Officer of the Damen Shipyards Group in The Netherlands. Song Cam Shipyard has been allocated by Vinashin to act…
S.Korea Sets Out Economic Support Plan After Ferry Disaster
South Korea said on Friday it would spend more of this year's fiscal budget during the first half and use the central bank's lending facility for smaller firms to support businesses affected by the ferry disaster. The Ministry of Finance and Strategy said in a statement it would allocate 57 percent of this year's planned budget spending to the first half of the year, up from 55 percent originally planned. The ministry said domestic tourism, some retail and lodging businesses have been hit especially hard by reduced spending after the April 16 capsizing of the Sewol ferry…
Public Meeting on the Investment Environment In Yangzhou
Yangzhou, April 26, 2011 —— A public meeting on the investment environment of the Hanjiang Shipbuilding (and Heavy Industry) Industrial Park and Sinopacific Shipbuilding Affiliated Industrial Base was held in Yangzhou today. Attending this public meeting were city government leaders such as Yangzhou City People’s Government Deputy Mayor Wen Daocai, district government leaders such as Hanjiang District Party Committee Secretary Cheng Yusong, Sinopacific Shipbuilding Group Chairman and CEO Liang Xiaolei…
China Government to Upgrade & Restructure Shipyards
The State Council has issued a three-year plan, ending in 2015, to upgrade and restructure the mainland's troubled shipbuilding industry, a further move to stabilise economic growth, reports the South China Morning Post (SCMP), citing Xinhua. The sector faced "unprecedented, severe challenges" as a lack of new orders, owing to weakness in the global shipping market, had exacerbated overcapacity in the industry, Xinhua reported, citing a government document. The sector is among those - including iron and steel, cement, electrolytic aluminium and flat glass - that must accelerate the phasing out of overcapacity, according to a July 24 statement from the Ministry of Industry and Information Technology, cited by SCMP.
China to Invest Boats to Update Offshore Rescue System
The China Rescue and Salvage Bureau announced plans to update its offshore rescue system. Operational by 2010, the new system will mean rescue vessels will be able to reach any spot within 50 nautical miles (92.6 kilometres) of the coast in two and a half hours, cutting reaction time by an hour from present. Helicopters will be able to search for and rescue targets at night, expanding the offshore search radius from 110 to 260 nautical miles (204 to 482 kilometres). The bureau revealed the measures, to be taken in its 11th Five Year plan (2006-10), at a press conference in Beijing to mark the 55th anniversary of its establishment. According to the plan, new rescue vessels will be purchased to build a fleet of 56 rescue tugboats with different sizes and functions.
China to Update Maritime Rescue System
Operational by 2010, the new system will mean rescue vessels will be able to reach any spot within 50 nautical miles of the coast in two and a half hours, cutting reaction time by an hour from present. Helicopters will be able to search for and rescue targets at night, expanding the offshore search radius from 110 to 260 nautical miles. Also, rescuers will be able to salvage ships weighing 50,000 tons. The bureau revealed the measures, to be taken in its 11th Five Year plan (2006-10), at a press conference yesterday in Beijing to mark the 55th anniversary of its establishment. According to the plan, new rescue vessels will be purchased to build a fleet of 56 rescue tugboats with different sizes and functions.
Yantai Port Cargo Volume Up 10.4pc
The Port of Yantai in northern Shandong province, posted a 10.48 per cent year-on-year increase in overall cargo volume to 105 million tonnes in the first four months of the year, reports Xinhua. The port's full-year cargo throughput is expected to hit 300 million tonnes this year, maintaining China's top 10 coastal ports rankings. From January to April, passenger movements of the port increased 3.84 per cent year on year to 1.99 million people. Yantai government this year plans to invest a total of CNY19.56 billion (US$3.12 billion) on 20 port projects…
Groundwork Begins on Successor Subs in UK
Groundwork has started on the renovation of a central shipyard complex that be used for outfitting future Royal Navy Successor submarines, British Forces News said. BAE Systems had announced last year a $459 million modernization of the entire shipyard in Barrow-in-Furness, Cumbria, in anticipation of government approval of the nuclear deterrent submarines, which will replace Vanguard-class vessels. Prime Minister David Cameron confirmed earlier this week that Britain will order four new Successor submarines to replace the Vanguard-class of nuclear subs.
Great Lakes Wind Energy Takes Lead in $100M Project
According to September 19 report from www.Vindy.com, a Youngstown company is at the forefront of a $100m plan to build the country’s first offshore wind farm on Lake Erie. Great Lakes Wind Energy, a Youngstown-based renewable energy company, will partner with Bechtel Corp. — the company that built the Hoover Dam — and Houston-based private-equity firm Cavallo Energy to build five wind turbines off the lake’s Cleveland coast. The demonstration project is the first step in a 10-year plan to build 200 turbines on the lake, giving a kick-start to the region’s renewable-energy industry. (Source: www.Vindy.com)
Shipbuilding – China Hopeful to Double Output
China's shipbuilding industry may double its scale in the next four years on growth potential in sea transport and marine economy, and Shanghai is expected to play a big role toward meeting the goal. By the end of 2015, the market size of shipbuilders and marine equipment makers may hit 1.2 trillion yuan (US$190 billion) with the value of exports touching US$80 billion, the Ministry of Industry and Information Technology said yesterday when it released a guideline of the 12th Five-Year Plan for the shipping industry. Chinese shipyards may take up at least five spots among the world's top 10 shipbuilders and the country's 10 biggest domestic shipbuilders may contribute more than 70 percent of the total output.
Technology, Economy the Focus of New Marine Academy in China
The Ningbo Nottingham International Academy for Marine Economy and Technology (IAMET) has been officially launched at a ceremony at The University of Nottingham Ningbo China (UNNC). A partnership between The University of Nottingham, Wanli Education Group and Ningbo Municipal Government, the Academy will build on Ningbo’s marine-related activities and support the city’s 12-year plan, a focus of which is the marine economy. The marine economy is one of China’s key strategic development areas.
Batista Shipbuilder Proposes 25-Year Payback Plan
OSX Brasil SA, the troubled shipbuilder controlled by former Brazilian billionaire Eike Batista, proposed a 25-year plan to pay back creditors to a Rio de Janeiro bankruptcy court, the company said on Friday in a statement. The proposal includes an initial three-year relief period before OSX would have to start making the payments. The shipbuilder also said it could seek to secure additional financing and make changes to its shareholding structure. OSX filed for bankruptcy protection in November…