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.: 17-Apr-2019 :. Search News
Displaying 1 to 18 of Records.
Page 1 of 1
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Suezmax crude oil tanker fire killed Chief Engineer, injured two
Fire erupted in superstructure of Suezmax tanker MAHARAJA AGRASEN at night Apr 13 in Mumbai, India, shortly after arrival from Saudi Arabia with cargo of crude oil. Chief Engineer died in fire, Second Engineer and motorman suffered burns and were taken to hospital. Understood fire started in engine room, but no details yet available, to assess fire extent and ship s damages. Tanker was taken out of Mumbai harbor and anchored at outer anchorage, at 1000 UTC Apr 16 she was still at anchor. No SAR ships and tugs nearby, meaning that there s no fire on board, presently.

Posted On:17-Apr-2019



Cargo ship damaged while berthing in Brunsbuettel s Ostermoor
General cargo ship SAGA WIND contacted port constructions while berthing at Ostermoor harbor, Brunsbuettel, Kiel Canal, in the afternoon Apr 15, on arrival from Finland. Ship s hull sustained some scratches, but cargo gear was reportedly, seriously damaged. The ship currently, is berthed at Ostermoor.

Posted On:17-Apr-2019



Tsakos Columbia Chooses Electronic Payments for Crew
vessels operated under its management arrangement with Columbia Ship management will now be paid electronically as opposed to by Cash-by-Master .
Under an agreement, signed with global maritime payments provider Ship Money, the crew members will have complete control and access to their wages while onboard ship, including the timing and currency of remittances sent home.
The contract with the Greece-based ship management company will see Ship Money’s products being rolled out to its fleet of 90 vessels consisting of tanker, container and dry cargo ships, following a successful trial.
"By introducing ShipMoney, we ve been able to streamline the onboard crew payment process across the fleet by enhancing the safety in money transfer, reducing costs, saving time and providing a new benefit to our valued crew members and their families," Harry Katsipoulakis, CFO of Tsakos Columbia Ship management, said.
"One of the important benefits to the deal relates to foreign exchange, which is often a hidden cost for crew. The majority of today s crew are contracted and paid in US dollars and most employers remit individual US dollar wire payments to individual seafarer bank accounts. If the seafarer s home bank account is not denominated in dollars, then the receiving bank has complete control over the conversion from US dollars to the currency of the crew member s account," Stuart Ostrow, President of Ship Money, said.

Posted On:17-Apr-2019



Tristar Orders Six Small Tankers under Shell Contract
UAE-based Tristar Group has placed an order for six new oil and chemical tankers at South Korean shipbuilder Hyundai Mipo Dockyard.
The company said that the 25,000 dwt carriers have been ordered on the back of long-term charter contracts with oil major Shell.
Under the deal, unveiled on April 16, 2019, the shipbuilder is scheduled to deliver the units starting from the middle of May 2020 until the first week of January 2021.
The parties did not unveil the financial terms of the shipbuilding contract.
The new vessels, which will have Tier III specifications, carry a value of USD 20.6 million, according to data provided by VesselsValue.

Posted On:17-Apr-2019



SunStone Orders 6th Expedition Cruise Ship, Eyes More Vessels
Miami-based SunStone Ships has decided to order another Infinity class expedition cruise vessel.
The company recently signed an agreement with China Merchants Heavy Industries (CMHI) for the sixth newbuilding.
As informed, the cruise ship now ordered has a long-term charter agreement in place and is expected to be delivered in September 2021.
"We have worked diligently in obtaining the long term charters and shipbuilding orders for the Infinity class vessels and we continue to move forward with the contracts and building," Niels-Erik Lund, SunStone President and CEO, commented.
Infinity class vessels are 104 meters long and 18 meters wide, with a draft of 5.1 meters. They feature a passenger capacity between 130-200 and a crew capacity between 85 and 115. The Vessels are Ice Class 1A, Polar Code 6 and are being built with Safe Return to Port, Dynamic Positioning and Zero Speed Stabilizers.
Current Infinity class newbuilds include the Greg Mortimer, the Ocean Victory, the Ocean Explorer, the Ocean Odyssey and the Ocean Discoverer, scheduled for delivery in August 2019, in September 2020, in February 2021, in March 2022 and in September 2022, respectively.
In addition to the six vessels already ordered, SunStone is in negotiations for four additional vessels. It is expected that the seventh Infinity vessel will be signed within May and the remaining three options within 2019, according to the company.
In addition to the Infinity series of newbuildings, SunStone has commercial management of a fleet of nine vessels on long-term charter, mainly for the small-ship/expedition ship market.

Posted On:17-Apr-2019



Samudera Bulker Released after 5-Month Detention
Sinar Kapuas, a dry bulk carrier owned by Singapore-based Samudera Shipping Line, has been released from detention.
The release comes almost five months after the Supramax was arrested in the port of San Lorenzo, Honduras.
In November 2018, the 57,400 dwt bulker was detained "for claims derived from the delayed delivery of the cargo".
As informed by Samudera, the Singapore-flagged vessel is currently on its way to Balboa, Panama, for intermediate survey, hull cleaning & bunkering (conditioning).
"The group is working to secure employment for the vessel and deploy it as soon as conditioning is completed," Samudera said.
The financial impact of the vessel arrest is being assessed, according to the company.
Built in South Korea in 2011, Sinar Kapuas currently has a market value of USD 14.36 million, VesselsValue s data shows.

Posted On:17-Apr-2019



ZIM Joins Maersk s TradeLens Blockchain Platform
Israel s ZIM Integrated Shipping Services has become the latest member of the Maersk-IBM developed digital shipping platform TradeLens.
The platform uses blockchain technology to enable trust between multiple trading partners when transacting in a digitized global trade documentation process.
ZIM said that by joining TradeLens it would be able to continue its push toward the digitalization of processes.
"ZIM endorses a proactive approach of promoting and investing in innovative digital solutions, such as the pioneering blockchain-based electronic Bill of Lading initiative, in collaboration with Wave Inc, and the recent investment in Ladingo, a ground-breaking e-commerce solution," Eyal Ben Amram, ZIM CIO, said.
"The more carriers and other ecosystem members that join the platform, the closer we come to bringing about a new era in global trade," Mike White, TradeLens leader for Maersk, commented.
According to ZIM, over five million shipments have been recorded on TradeLens to date by more than 60 network members and 100 total ecosystem members. ZIM is expected to begin contributing data to the platform before the end of 3Q 2019.
TradeLens members get a single shared view of a transaction without compromising details, privacy or confidentiality and can collaborate more efficiently and with greater certainty through real-time access to shipping data and shipping documents.

Posted On:17-Apr-2019



Latin America: New Network Launched to Respond Seafarers under Threat
Unions from across Latin America have committed to jointly providing assistance and solidarity to seafarers in distress in Central and South American ports, the International Transport Workers Federation (ITF) said.
A meeting in Cartagena held last week culminated with the launch of the ITF Latin American Contact Network.
The ITF Latin American Contact Network follows the establishment of the Arab World network launched in January 2017 with the aim of developing a stronger structure of union contracts to handle calls for help and the coordination of cases where seafarers face exploitation.
Representatives from ITF affiliated unions in Colombia, Costa Rica, El Salvador, Guatemala, Peru and Uruguay participated in a two-day training course on April 4-5. The course focused on seafarers labor rights under the Maritime Labour Convention (MLC), ITF Agreements and the Flag of Convenience (FoC) system, and the role of the ITF Inspectorate in protecting seafarers’ working and living conditions.
As explained, the network would bolster the ITF s capacity to enforce standards for employment conditions in the Latin American region and ensure that shipowners are complying with their obligations to provide decent pay, working conditions and living conditions on board.
"Our goal is to increase our capacity to provide credible support to seafarers who request assistance in these countries and also to assist with organising and intelligence gathering for all ITF maritime campaigns," Steve Trowsdale, ITF Inspectorate Coordinator, commented.
"Across Latin America seafarers and dockers have been subject to attacks on their rights to safe and decent work, we will mobilise this network to respond to any worker under threat. We re committed to defending the rights of exploited international seafarers, protecting seafarers working in their domestic trade and dockers doing the heavy lifting on the shoreside," he added.

Posted On:17-Apr-2019



PB Tankers Shocked to Be on OFAC Venezuela Sanctions List
Italian PB Tankers said it "is shocked and concerned" by the U.S. Office of Foreign Assets Control action to add the company to a current sanctions list in relation to trade with Venezuela.
"This has been done without any notification or contact with the company. As a consequence, we will be taking immediate steps to ensure that both are delisted as a matter of urgency," PB Tankers said in a statement.
The company further noted that it has been taking regular advice from both its UK and US lawyers and has been taking all possible steps to ensure compliance with current US sanctions including, but not limited to, restriction of trade under a single time charter contract which predates the current sanctions regime.
PB Tankers informed that it "does not have any ships in Venezuela, nor will be trading into or out of Venezuela."
The company "is therefore extremely disappointing that the US/OFAC have decided to take such action against an owner who has throughout done everything possible to comply."
As World Maritime News earlier reported, U.S. OFAC added four shipping companies and nine vessels, including PB Tankers and six of its ships, that reportedly operate in the oil sector of the Venezuelan economy to its sanctions list.
OFAC listed the company s units Silver Point, Alba Marina, Gold Point, Ice Point, Indian Point, and Iron Point as sanctioned.

Posted On:17-Apr-2019



Austal Cuts Steel for Second Fred Olsen Trimaran Ferry
Australian shipbuilder Austal held a steel-cutting ceremony to mark the start of construction on the second 118-meter trimaran ferries for Spanish shipping firm Fred. Olsen Express.
The ceremony for the future Banaderos Express was held at Austal s Philippines shipyard. The ferry is due to be delivered by the end of 2020 as part of an AUD 190 million (USD 135.7 million) shipbuilding contract with Fred.

Posted On:17-Apr-2019



Brisbane Breaks Ground on New Cruise Ship Terminal
Brisbane has launched the construction of the new International Cruise Terminal, heralding the start of a new era for Queensland s economy.
The AUD 158 million (USD 112.9 milion) project, which would be capable of welcoming bigger ships, is scheduled to open in October next year.

Posted On:17-Apr-2019



Drewry: Slowing World Trade Dents Heavylift Shipping Outlook
Rising project cargo traffic is set to push multipurpose and heavylift shipping rates up during 2019, but prospects thereafter are muted by an expected slowdown in world trade.
According to the shipping consultancy Drewry, the uncertainty surrounding trade demand is receding slightly as the US and China appear to be moving toward some kind of a truce.

Posted On:17-Apr-2019



Major European Yards Embarking on Data Integration
European shipbuilders are launching a new initiative to develop and demonstrate a connected vessel platform under a project named Code Kilo.
The project is undertaken by EUROYARDS members Chantiers de l Atlantique, Damen Shipyards Group, Fincantieri, Lurssen, Meyer Werft, Naval Group and Navantia.

Posted On:17-Apr-2019



BP, Nouryon and Port of Rotterdam partner on green hydrogen study
BP, Nouryon (formerly AkzoNobel Specialty Chemicals), and the Port of Rotterdam have joined forces to explore the opportunity of making "green hydrogen" via water electrolysis for BP s refinery in Rotterdam, the Netherlands, which has the potential for significant reductions in CO2 emissions.

Posted On:17-Apr-2019



Credits: www.bunkerportsnews.com

2018 sets record for cargo at Port of Baltimore
A record 43 million tons of international cargo was handled last year by the combinedstate-owned public and the privately-owned marine terminals at the Helen Delich Bentley Port of Baltimore, breaking the previous high mark of 40.9 million tons that stood for 44 years.

Posted On:17-Apr-2019



Credits: www.bunkerportsnews.com

FueLNG achieves Singapore s 100th LNG bunkering operation
FueLNG, a joint venture between Keppel Offshore & Marine Ltd (Keppel O&M) and Shell Eastern Petroleum (Pte) Ltd, has set a new industry milestone for Singapore with the completion of its 100th LNG bunkering operation with no loss-time incidents, and in accordance with the Technical reference (TR) 56 standard for LNG bunkering in Singapore.

Posted On:17-Apr-2019



Credits: www.bunkerportsnews.com

ECRL resumption to have positive spillover effects on ports
The resumption of the East Coast Railway Link (ECRL) project will have its spillover effects on ports in Malaysia, specifically for Kuantan Port and Port Klang.
The ECRL project will resume with a new price tag of RM44 billion, a 32.8 per cent reduction from the initial cost of RM66 billion.

Posted On:17-Apr-2019



Credits: www.bunkerportsnews.com

Al Ruwais Port offers new free storage period
Mwani Qatar has started introducing the new free storage period at Al Ruwais Port from April 14. The move comes within the framework of supporting the private sector, offering new incentives to customers as well as enhancing the role of the port, which is Qatar s northern gateway to trade and one of the most important ports to meet the increasing needs of the domestic market of foodstuff, meat and fresh and chilled produce.

Posted On:17-Apr-2019



Credits: www.bunkerportsnews.com
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