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.: 15-Apr-2019 :. Search News
Displaying 1 to 13 of Records.
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Expansion of Indian maritime sector to give more jobs for women
Government projects introduced in maritime sector open new roles for women looking at sailing and shoreside jobs .The maritime sector, which is largely dominated by men, will see an uptick in the number of women employees in the coming years. As marine companies introduce new policies, female professionals may find better job roles. "Several girls want to work in this sector,but do want to be in the sailing job.They may explore opportunities in shoreside jobs that are increasing in number due to the expansion of the maritime sector in India," says Shashank Jahagirdar, global head of crewing and marine HR, Maersk Tankers India, Mumbai.
"Government projects such as Sagarmala project, a scheme announced by the government in 2015 for the comprehensive development of India's coastline and maritime sector he adds.
"It has been observed that women quit jobs within five to seven years of their career,due to multiple reasons including family responsibilities, societal pressure and cultural issues," he adds. Despite an increase in the number of women workforce in the industry in the last five years, they still constitute less than 1% of the total workforce. Most of them are employed as chief officers, seafarers and some of them are in operations as well, where they participate in extensive sailing.
The biggest challenge faced by the industry is to bring in the best talents."There are several maritime colleges that do not offer courses as per the industry requirements. Due to which the shipping companies have to spend time in training the new recruits," says Jahagirdar, who has been in the shipping industry for more than 25 years.
"The biggest challenge is lack of communication skills, proficiency and right aptitude among students, which are some of the crucial skills needed to survive in the sector. Only one out of the five students get selected during the job interview," he adds.
"The industry is yet to fulfil the government mandate to increase the number of women employees. Our recruitment is strictly based on merit, but we give prominence to women cadets with relevant skills to maintain the gender balance," he adds.
Freshers joining the industry need to have a strong mindset since the job needs them to be away from their families for close to six months. Jahagirdar advises aspiring candidates to enrol in colleges that offer courses as per the industry requirements. Students can explore a range of programmes to make a career in the marine sector. Three year Bsc Nautical Science, four-year Btech in Mechanical Engineering or BE marine, Diploma in Nautical Science (DNS) and Graduate Marine Engineer (GME) are the major courses offered by various colleges and institutes to get into the marine sector.

Posted On:15-Apr-2019



BIMCO Supports Anti-Corruption Push At The IMO
BIMCO has co-sponsored a proposal at the 43rd session of the Facilitation Committee (FAL 43) held at the IMO Headquarters on 8-12 April, putting anti-corruption formally on the IMO agenda going forward.
This week, a maritime corruption paper was presented at the 43rd session, including a request to the International Maritime Organization (IMO) to make maritime corruption a regular work item.
The paper received solid support from 23 countries and international organizations, including BIMCO who attended the meeting, and it was decided that the IMO will work on a maritime corruption guidance expected to be completed by 2021.
"We are very pleased that the IMO will now discuss the issue of maritime corruption in the FAL Convention and that the IMO will now come up with guidance to help our members by addressing corruption," says Aron Sorensen, Head of Maritime Technology & Regulation at BIMCO.
"No less than 23 countries and international organisations supported the anti-corruption paper, marking a new step towards a stronger fight against corruption in our industry," Sorensen says.
To assist its members, BIMCO has developed an Anti-Corruption Clause for Charter Parties that addresses the situation by providing market users with a regime for responding to unlawful demands for gifts.

Posted On:15-Apr-2019



US Sanctions Nine Ships, Four Owners for Venezuela Ties
Another four shipping companies and nine vessels that operate in the oil sector of the Venezuelan economy have been blacklisted, according to the U.S. Department of the Treasury s Office of Foreign Assets Control (OFAC).
The most hit was Italy-based PB Tankers as OFAC blacklisted almost its entire fleet, namely the vessels Silver Point, Alba Marina, Gold Point, Ice Point, Indian Point, and Iron Point. The company is a registered owner of six vessels and manager of one unit.
Data provided by OFAC noted that the company s chemical and oil tanker Silver Point delivered oil products from Venezuela to Cuba during March 2019.
Additionally, sanctions were imposed on the crude oil tanker Nedas, owned by Liberia-based Jennifer Navigation, for delivering crude oil from Venezuela to Cuba during January and March of 2019.
Lima Shipping Corporation s crude oil tanker New Hellas was blacklisted for delivering crude oil from Venezuela to Cuba during February and March 2019. The blacklist now also includes oil products tanker S-Trotter, owned by Large Range Limited, that delivered oil products from Venezuela to Cuba during February and March 2019.
"We continue to target companies that transport Venezuelan oil to Cuba, as they are profiting while the Maduro regime pillages natural resources. Venezuela s oil belongs to the Venezuelan people, and should not be used as a bargaining tool to prop up dictators and prolong oppression," Steven T. Mnuchin, Treasury Secretary, said.

Posted On:15-Apr-2019



Youroukos: Trade War Is the Best Thing that Happened to Container Shipping
The end of the escalating trade war between the world s two super-powers, China and the United States, seems to be on the horizon as the two sides near a deal on ending the tit-for-tat tariffs on export and import of goods.
Following a truce at the end of 2018 and the ensuing trade talks, the focus now is on the enforcement mechanism aimed at making sure the US and China meet their commitments allowing for the tensions to cool down.
According to US Treasury Secretary Steven Mnuchin, the bilateral trade talks have resulted in a mechanism to police the yet-to-be-unveiled trade agreement, which will entail establishment of new enforcement offices and repercussions for whomever fails to meet their end of the deal.
Even though the trade tariffs have had an adverse impact on the shipping market, especially for bulkers and tankers, there are industry leaders that believe the trade tensions were favorable for the container shipping market fundamentals overall.
Speaking at Capital Link’s 13 Annual International Shipping Forum, in a panel dedicated to container shipping, George Youroukos, Executive Chairman of Global Ship Lease, said that the "trade war is the best thing that happened to container shipping in the last few years."
"Our industry is cyclical not because we have a cyclical demand - every year the demand is bigger than the last year. The reason we have a cyclical market is because of the supply, and the trade war has put the supply in check, putting a break on the ordering of new ships," he added.
As explained, the lack of new ordering has paved the way for the lowest order book the industry has had in decades. This is very important having in mind that the container shipping sector has been battling choppy waters over the past few years especially due to overcapacity.
Furthermore, Youroukos pointed out that he was not worried about the trade wars as he doesn’t believe the production of goods could be switched from the Far East to the Western hemisphere, hence there is no room to fear about trade wars having a major impact on the global container shipping patterns.
Commenting on the trade tariffs, Howard Finkel, Executive Vice President of COSCO Shipping Lines (North America), said that the company hasn’t seen a huge effect on trade as tariffs on certain imports that would have had a greater effect haven t been put in place yet.
Specifically, in December 2018, Trump agreed to leave the tariffs on USD 200 billion worth of product at the 10% rate, and not raise it to 25% during the 90-day tariff ceasefire.
Nevertheless, Finkel said that there has been a great deal of overbooking over the last six months, as shippers try to beat the tariffs.
Due to overbooking, the West Coast ports of Long Beach and Los Angeles have been experiencing congestion due unprecedented import volumes as larger vessels are being deployed to accommodate increased cargo volumes as tariff deadline looms.
Every aspect of port operations, from labor and equipment supply to vessel and yard operations, to truck and rail availability is being stretched and contributing to congestion, gridlock and delays, as explained earlier by Taiwanese shipping company Yang Ming.
However, commenting on the potential outcome of the trade talks Finkel voiced his hope that "cooler heads would prevail", allowing for the situation to normalize.
Outlook for the Container Shipping Market
Over the recent period the container shipping market has undergone numerous changes, with major consolidation wave shrinking the number of carriers present in the market and companies switching to different alliances.
Referring to claims from European authorities that container shipping alliances raise competition concerns in what has become a concentrated market, Finkel said that despite the fact that there are fewer carriers now, the market remains "brutally competitive."
"I really believe that you need to be in a strong alliance to keep your operating costs down," he added.
Cao Deambrosio, Managing Partner at Seamax Capital Management is bullish on the prospects of the container shipping market. Specifically, charter rates have been on the rise since the beginning of 2019 and utilization rates are going up as well, he pointed out.
"The upcoming fuel change and resulting slow-steaming, together with vessels getting taken out of service for scrubber fittings should help the supply side. Assuming the demand stays the same and people don’t get overly excited with newbuilding orders, we should be in pretty good shape for the next few years," Deambrosio pointed out.
Youroukos added that the industry is already seeing containerships slowing down by one to two knots due to the global sulphur cap entering into force in 2020, stressing that ships trading on all services are expected to slow down. As a result, liner companies will see reduced operating costs bringing about at the same time the absorption of the extra capacity in certain trades.
Speaking on the IMO 2020, Finkel said that the industry needs to agree on the right bunker formula to avoid potential detrimental effects on ships from fuel contamination, stressing that COSCO plans to meet the new regulation by switching to low-sulphur fuel.
"The impact of the fuel switch stemming from the IMO 2020 is going be the determining factor in whether the liner companies are going to be profitable or not in 2020," Finkel noted, highlighting the overall importance of the regulation on the container shipping market.

Posted On:15-Apr-2019



Cocaine Found Attached to LNG Carrier in Trinidad and Tobago
Trinidad and Tobago Coast Guard and Customs official have seized 200 kilos of cocaine found attached to the LNG carrier Hispania Spirit at the At­lantic LNG facility in Point Fortin.
According to local media reports, the cocaine was found after the ship s captain alerted authorities about suspicious packages attached to the rudder on April 3.
The Teekay LNG-operated vessel was preparing to get underway from Point Fortin when the drugs were spotted.
The narcotics were subsequently recovered by coast guard divers.
Trinidad and Tobago is investigating the matter, reports said, and it is not yet clear whether the contraband was attached to the carrier while it was in port or at an earlier point in time.
The 137,814 cbm Hispania Spirit departed Trinidad and Tobago on April 8. The ship is currently off the coast of Spain, according to AIS data, and is scheduled to arrive at its next destination on April 16.
This is the second time drugs have been found on the 2002-built ship. In September 2016, Peruvian authorities found 211 kilos of cocaine on board while the gas carrier was anchored in the Port of Pisco.

Posted On:15-Apr-2019



Stena s Second E-Flexer Ferry Launched in China
Stena Edda, the second E-Flexer ferry under construction for the Swedish ferry company Stena Line, has been floated out at the Avic Weihai Shipyard in China.
Stena Edda is scheduled to enter service on the Belfast-Liverpool route in spring 2020. The ferry is the second of three new E-Flexer units bound for the Irish Sea during 2020 and 2021.
The first one, Stena Estrid, was launched at the same yard in January this year.
At 215 meters, all three vessels being built for the Irish Sea will be larger than today s standard RoPax units. They will provide freight capacity of 3,100 lane meters, as well as the space to carry 120 cars and 1,000 passengers and crew. According to the company, the new ships would would increase the Belfast - Liverpool capacity by almost 20 percent.
In addition to the three Irish Sea-bound ships, Stena Line has also ordered a further two E-Flexer RoPax vessels with a larger design, to be deployed within Stena Line s network in 2022.
These larger ships will be 240 meters long with a total freight capacity of 3,600 lane meters and passenger capacity of 1,200.
Stena Line s sister company Stena RoRo is managing all the E-Flexer building projects that are ongoing on Avic Weihai Shipyard.
Stena RoRo has already secured charter deals for its E-Flexers with Brittany Ferries and DFDS.

Posted On:15-Apr-2019



Estonian freighter troubled in English Channel, anchored
General cargo ship BELLALAND suffered electrical failure in English Channel in the afternoon Apr 13 west of Calais, while en route from Spain to Sweden. MRCC Gris-Nez was alerted by Traffic Control and ordered the ship to anchor at Calais outer anchorage, sending SAR ship to escort BELLALAND to anchorage.

Posted On:15-Apr-2019



Bulk carrier fire at Morehead City, USA
Fire erupted in superstructure living quarters of a bulk carrier ALBANY SOUND, docked at Morehead City, USA, in the morning Apr 14. Morehead City Fire Department responded to emergency, assisted by Beaufort Fire Department, Atlantic Beach EMS, Newport EMS, and Beaufort EMS. By 1430 LT fire was under control, fire fighters left the ship.

Posted On:15-Apr-2019



IAPH World Ports Sustainability Award for Community Outreach and Port-City dialogue will now have two winners out of six finalists
The number of port entrants for this category were so high and of such high quality that the decision was taken to split entrants into two categories. One takes best practices of addressing common "externalities" outside and inside the port gates whilst the other focuses on port developments themselves

Posted On:15-Apr-2019



Credits: www.bunkerportsnews.com

Brexit postponement does not change the need for Portbase registration
During the night of 10 to 11 April, the United Kingdom (UK) and the European Union (EU) agreed to extend Article 50 until no later than 31 October 2019. A condition is, however, that the UK participates in the next

Posted On:15-Apr-2019



Credits: www.bunkerportsnews.com

BOC, operators resolve Manila port congestion
Congestion at the Port of Manila and Manila International Container Port, two of the country’s major ports, is completely over, the Bureau of Customs said on Sunday.
The BOC, in a statement, announced there is no longer port congestion at the Manila ports, as their combined yard utilization was reduced to 70 percent, which resulted from "collaborative" efforts by the agency.

Posted On:15-Apr-2019



Credits: www.bunkerportsnews.com

Govt to acquire surplus capacity of LNG terminals to meet gas demand
The government has decided to acquire surplus re-gasification capacity of the two existing LNG terminals to meet additional gas demand mostly in the private sector.
It also decided to induct Pakistan LNG Limited (PLL) in the gas import arrangement with Qatar on a government-to-government (G2G) basis.

Posted On:15-Apr-2019



Credits: www.bunkerportsnews.com

APM Terminals launches The Gothenburg Gateway
APM Terminals Gothenburg launched The Gothenburg Gateway this week. This will ensure that a container placed on a freight train anywhere in Sweden is loaded onto a large ocean-going vessel within 48 hours, and will shave up at least a week off the transit time to Shanghai.

Posted On:15-Apr-2019



Credits: www.bunkerportsnews.com
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