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.: 19-Jun-2019 :. Search News
Displaying 1 to 14 of Records.
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Part of Front Altair Crew Re-Embarked for Recovery Ops
Crew members of the Front Altair have now either returned home or have re-embarked the vessel to assist with recovery operations and ship-to-ship transfer of cargo, the vessel s operator Frontline said.
Following the June 13 attack on the vessel and a subsequent explosion and fire, that occurred shortly after the ship had passed through the Strait of Hormuz in the Persian Gulf, the LR2 tanker is now in a stable condition.
Currently anchored off Fujairah in the United Arab Emirates, the ship will transfer its cargo into another Frontline-operated vessel.
Following transfer of cargo, damage to the Front Altair will be further inspected and the vessel will ultimately be moved to a shipyard for repair, the company explained.
Frontline said it continues to work with third parties, including governmental officials, to determine the cause of the explosion. As previously reported, the possibility that it was caused by mechanical or human error has been ruled out completely.
"Until further information is received regarding the cause of the explosion and the security of this important shipping lane is secured, Frontline will exercise extreme caution when considering new contracts in the region and will consider all possible measures to insure the safety of our crews and vessels operating in the area."

Posted On:19-Jun-2019



BDO: Shipping Confidence Slightly Down over Trade War Concerns
Confidence in the shipping industry has fallen marginally over the past three months, mainly due to the ongoing concern over trade wars and increased regulation, according to shipping adviser and accountant BDO.
The latest Shipping Confidence Survey showed that the average confidence level in the three months to May 2019 was 6.1 out of a possible maximum of 10.0. This is slightly down on the figure of 6.2 recorded in February 2019.
Confidence was up in Asia, from 5.8 to 6.0, and in North America, from 5.6 to 6.4. In Europe, meanwhile, there was a drop in overall confidence levels from 6.3 to 6.1.
The chartering sector saw an increase in confidence level to 6.2 from 6.0 three months ago. The ratings for owners and managers, meanwhile, were unchanged at 6.3 and 5.8 respectively, while the rating for brokers was down from 5.9 to 5.7.
The likelihood of respondents making a major investment or significant development over the coming year was up from 5.3 to 5.4 out of 10.0. Owners confidence in this regard was up from 5.4 to 6.3, while the rating for charterers was 5.6 compared to the survey high of 7.3 recorded last time.
The number of respondents who expected finance costs to increase over the coming year was unchanged at 48%. The figures for owners and brokers were down, but up in the case of charterers and managers.
Demand trends were cited by 26% of respondents as the factor most likely to influence performance over the next 12 months. Competition (19%) and finance costs (13%) featured in second and third place respectively in this context.
The number of respondents expecting higher freight rates over the next 12 months in the tanker market was up by 4 percentage points on the previous survey to 55%, with charterers (75%) leading the way. In the dry bulk sector, expectations of rate increases were down overall from 52% to 48%, with charterers the only category recording an increase in expectation levels. The numbers expecting higher container ship rates, meanwhile, rose by 9 percentage points to 35%.
"A small dip in confidence is not surprising given the recent volatility generated by the US-China trade wars, the heightened tension in the Arabian Gulf, the failure to conclude Brexit negotiations, and general political instability in many parts of the world. Markets love volatility, but it can have an adverse effect on confidence," Richard Greiner, Partner, Shipping & Transport, said.
"Despite the challenges the industry is facing, there are a number of positive indicators. New technology is making shipping more attractive to investors, and will moreover act as a trigger to accelerate the pace and extent of recycling. Higher freight rates should logically follow, and those who hold their nerve will ultimately benefit."

Posted On:19-Jun-2019



MOL Presents Design for Next-Generation Coal Carrier
Japanese shipping company Mitsui O.S.K. Lines (MOL) has unveiled a new vessel design for a next-generation coal carrier, developed in cooperation with domestic shipyards.
The new design, called EeneX, is for a 90-type 90,000 dwt coal carrier, developed by MOL and Japanese shipyards in an effort to provide safe, reliable and economically efficient transport of coal.
One of the main characteristics of EeneX is the adoption of a double-hull structure that allows cargo holds with completely flat sides and eliminates the work of scraping out coal, which boosts the efficiency of discharging operations and speeding up cargo handling.
In addition, the design has the semi-box shape of the hold that also prevents cargo from accumulating inside, for further improvement in discharging operations and speeding up cargo handling.
Another characteristic is eliminating the ballast hold, so as to be a cargo hold only. Unlike conventional coal carriers, on which the cargo holds are sometimes filled with ballast water to maintain the ship s stability during ballast voyages, the EeneX carrier has only dedicated cargo holds with safe stability.
This saves the effort of preparation time for ballasting into cargo hold and reduces the risk of salt and rust contamination due to rust in the cargo hold, according to MOL.
The EeneX carrier design features a length of 235 meters, a breadth of 38 meters and a deadweight tonnage of about 89,900 tons.

Posted On:19-Jun-2019



USD 1 Bn Worth of Cocaine Seized from MSC Ship in Philadelphia
U.S. authorities have seized over 16 tons of cocaine from an MSC containership at the Packer Marine Terminal in Philadelphia, prosecutors said on June 18.
The drugs were seized from the 2018-built Neopanamax MSC Gayane and represent the largest drug interdiction in the history of the Eastern District of Pennsylvania, according to officials.
Mediterranean Shipping Company said it was aware of reports of the incident, adding that it takes this matter "very seriously and is grateful to the authorities for identifying any suspected abuse of its services."
As explained, the seized cargo of around 16 tons of cocaine has a street value of over USD 1 billion.
Members of the ship s crew have been arrested and charged, and the investigation is ongoing.
At least two members of the ship s crew were charged with helping load the cocaine onto the MSC Gayane while it was at sea, local media cited court documents. A total of 14 boats are said to have approached the vessel on two separate occasions, while the crew helped transfer bales of cocaine from the boats to the containership. Other crew members were also allegedly involved.

Posted On:19-Jun-2019



Govt plans to train fishermen, coastal people for seafarer jobs: Minister
The government is considering imparting special training to fishermen and people living in coastal areas to facilitate them in taking up seafarer jobs, Union Minister Mansukh Lal Mandaviya said on Tuesday.
Fishermen and people across India's 7,300-km coastline have been traditionally dependent on the sea for livelihood but the percentage of Indian seafarers in the global trade is low, the Minister of State for Shipping (Independent Charge) said.
"We are planning that the fishermen and people across India's 7,300 km coastline, traditionally dependent on sea be imparted training ... It has huge job potential. After the initial 10-15 days training, certificates can be provided by DG Shipping and this could facilitate them to pursue the job of seafarers with separate training for different wings," the minister said in his maiden interaction with media after assuming charge as shipping minister.
He said there is huge potential in this area as globally about 50 lakh seafarers are required.
He said concerted efforts have led to a rise in India's seafarers to about 2 lakh from 92,000 earlier but efforts are to boost this under various initiatives including the Sagarmala project.
He said a small country like the Philippines has 8 lakh seafarers.
The minister said he is also focusing on strengthening India's presence in ship breaking and ship recycling which offer huge potential.
"Shipbreaking and shipbuilding industries. There is a huge opportunity we have to tap it...In ship recycling, we easily get 8 per cent steel. Otherwise, 25 to 30 tonnes of coal is consumed while producing one tonne of steel...India can become a global hub in this direction," he said.
About hazardous material, he said that the government would strictly ensure international norms including the Hong Kong convention for this.
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships requires among other things maintaining an inventory of Hazardous Materials for all ships over 500GT.
The minister said promoting inland water transport on Ganga is also one of his priorities.
Apart from reducing congestion from roads and rail through coastal trade, cruise shipping will also be a priority area, he said.
The number of Indian seafarers employed on Indian or foreign flag vessels increased by 35 per cent in 2018 on the back of a series of measures taken by the government.
The number increased to 2.08 lakh from 1.54 lakh, according to government data.
Along with this, the number of students placed for onboard training also rose from 14,307 in 2017 to 19,545 in 2018, registering a jump of nearly 37 per cent.
The government has said that the growth in the number of Indian seafarers has been possible due to a series of measures taken by the government in the last four years to improve the standards of maritime training, increase onboard training opportunities, improve the examination and certification system and facilitate ease of doing business.

Posted On:19-Jun-2019



India to host international workshop on piracy related issues
The Indian Coast Guard (ICG) will be co-hosting an international workshop from Wednesday that aims to deepen knowledge on issues related with piracy and armed robbery, the maritime agency said.
The two-day workshop has been organised in cooperation with the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) Information Sharing Centre (ISC).
The ReCAAP is the first regional Government-to-Government agreement to deal with piracy and armed robbery at sea in Asia. Presently, 20 countries are members of the ReCAAP.
India played an active role in setting up and functioning of the ReCAAP ISC along with Japan and Singapore.
The Centre has designated the ICG as the focal point within India for the ReCAAP
"The workshop also aims to deepen the knowledge of participants on various issues related with piracy and armed robbery such as international laws, prosecution process, forensics and emerging threats," a statement said.
A total of 31 International delegates from 19 countries will be participating in the workshop.
In addition, officials from national stakeholders like major ports, state maritime boards, state marine police, Directorate General of Shipping and the Indian National Ship-Owners Association will also be participating in the workshop.
India has previously hosted this workshop in November 2011 in Goa and December 2017 in Delhi.

Posted On:19-Jun-2019



Credits: www.indiaseatradenews.com

Japanese Self-Defence ship JS KUNISAKI damaged in collision in Brisbane
Japan SDF ship, amphibious transport dock JS KUNISAKI, allided with pier while berthing, on arrival to Brisbane Australia on Jun 17 (according to track). The ship reportedly, was visibly damaged, knocking off some of embankment pylons. The ship was with pilot on board.

Posted On:19-Jun-2019



Freighter with 10 tons of hashish intercepted in Mediterranean, arrested
General cargo ship ELG in the afternoon Jun 17 was intercepted in Mediterranean NE of Oran, Algeria, port of ship s departure. 350 bales with about 10 tons of hashish were found by Spanish drug enforcement agencies teams. ELG was taken to Cartagena and put under arrest, understood the crew were also detained or arrested, investigation under way.

Posted On:19-Jun-2019



EU Adds 8 New Yards to Ship Recycling Facility List
The European Commission has added eight new yards to the European list of ship recycling facilities.
The newest edition includes five Norwegian, two Danish and one Turkish yard to the list of facilities suitable for the dismantling of EU-flagged vessels.
The new yards in Denmark and Norway have been notified to the commission by the competent national authorities, while the non-EU yard applied to join the list and demonstrated that it fulfills the strict requirements for inclusion.

Posted On:19-Jun-2019



ICS to Incentivize International Shipping s CO2 Reduction
Members of the International Chamber of Shipping (ICS) plan to take concrete steps to support further CO2 reduction by international shipping.
Representatives of the world s national shipowners’ associations met in the Faroe Islands last week to review the priorities of the global shipowners association, the ICS.

Posted On:19-Jun-2019



No scope for cargo vessels in Goa projects under Sagarmala
The Goa Port department Monday said there was no scope for cargo vessels in various projects to be undertaken in the state under the Centre s ambitious Sagarmala programme.
Sagarmala aims to modernise ports in the country so that port-led development can be augmented and coastlines can be developed to contribute growth.

Posted On:19-Jun-2019



Credits: www.bunkerportsnews.com

Yanbu Industrial Port cuts its container handling tariff
The Board of Directors of the Saudi Ports Authority (mawani) agreed to reduce the handling tariff, adjust the storage free time for containers and reduce the Marine Services tariff for container ships at King Fahad Industrial Port in Yanbu by 32-57.5%. This is part of the initiatives taken by Mawani to take advantage of the infrastructure in all of the Kingdom s ports and to optimize the excess available capacity.

Posted On:19-Jun-2019



Credits: www.bunkerportsnews.com

Kalmar forges ahead on its electrification journey with industry s first fully electric reachstacker for Cabooter
Kalmar, part of Cargotec, is another step closer to having an electric version of every product in its portfolio by 2021 with the announcement of an agreement with Cabooter Group, who will be the first customer to take a fully electric version of the Kalmar Reachstacker into use in 2021.

Posted On:19-Jun-2019



Credits: www.bunkerportsnews.com

Autonomous vehicles: IAPH publishes report on impact for ports
With the IMO Maritime Safety Committee (MSC) delivering initial work on a scoping regulatory exercise for autonomous shipping last week in London, IAPH publishes initial report findings on the implications of autonomous vehicles on land, sea and air for ports.

Posted On:19-Jun-2019



Credits: www.bunkerportsnews.com
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