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.: 20-Jan-2020 :. Search News
Displaying 1 to 12 of Records.
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 1  

Kidnapped Duke Crew Members Released, One Dies in Captivity
Nineteen crew members of the oil tanker Duke, who were kidnapped by pirates off Benin in mid-December 2019, have been released while one seafarer died in captivity.
"We can confirm that 19 of the crew members taken hostage were released by the criminal gang holding them," Union Maritime and V.Ships Management (India), the ship s owner and manager, confirmed in a statement.
"It is with great regret that we have to report that one valued crew member, an Able Seaman, was evidently taken ill and died shortly after capture."
The companies added that they were seeking further information from the released sailors and that a full investigation into the seafarer’s death would be launched.
As informed, the nineteen crew members have undergone medical checks and are reported to be well. They will soon return home to their families.
As World Maritime News reported last month, the sailors, all Indian nationals, were kidnapped some 110 nautical miles off the coast of Benin after the 19,100 dwt Duke had been attacked and boarded by six pirates.
Following the attack, a Togolese naval patrol boat made contact with the vessel and escorted new sea-staff that resumed command of the 2003-built ship.

Posted On:20-Jan-2020



Freeport LNG Train 2 Starts Commercial Ops
On January 17, 2020, Freeport LNG announced the start of commercial operations for the second liquefaction train with the commencement of gas deliveries from BP under the 20-year tolling agreement.
Freeport LNG s Train 2 is part of a multi-train liquefaction facility located on Quintana Island near Freeport, Texas.
The first train began commercial operations last month, with the commencement of Osaka Gas and JERA s tolling agreements.
"We are … pleased with the performance of our electric motor drive liquefaction units. Freeport s electric drive motors not only reduce emissions by over 90% relative to other plants which use combustion turbines, they should also require less maintenance with less downtime," Michael Smith, Founder, Chairman and CEO, Freeport LNG, commented.
"The performance test on Train 2 was completed in only 37 days after first gas was delivered to the liquefaction facilities, down from 107 days on Train 1," he added.
As informed, construction on Freeport s Train 3 is essentially complete, with the commercial start date expected in May. Gas has been introduced to the pre-treatment facilities and the company expects Federal Energy Regulatory Commission (FERC) approval to bring gas to the liquefaction site next month.
Freeport LNG Development was formed in 2002 to develop, own and operate an LNG terminal on Quintana Island, near Freeport, Texas. The terminal started LNG import operations in June 2008 and began LNG export operations in 2019.
The terminal s limited partnership interests are ultimately held by Michael Smith, Global Infrastructure Partners, and Osaka Gas.

Posted On:20-Jan-2020



Vale s Recovery to Be the Biggest Swing Factor for Iron Ore in 2020
A decent recovery is expected in the seaborne supply of iron ore in 2020, predominantly driven by the recovery of shipments from the Brazilian mining giant Vale.
Energy research consultancy Wood Mackenzie forecasts an accelerated recovery in shipments from Q1-20, resulting in a 30 million tonnes (Mt) rise in seaborne exports from Vale in the calendar year 2020.
"In other words, half of last year s losses will be recovered in just one year," research director Paul Gray said.
This would be good news for Capesize vessels, as they were hit the most following the collapse of the upstream dam in Brumadinho in 2019, which cut Vale s iron ore production from Minas Gerais in Brazil. Furthermore, the ton-mile demand is expected to feel a boost from the recovery.
Drewry s estimates from last year said that around 35-40 Capesize vessels would lose employment as a result of the incident.
Looking further ahead, Vale s previous peak production (385 Mt in 2018) could be achieved as soon as 2021, pending extreme weather conditions and consequential supply chain disruptions.
According to Wood Mackenzie, this is to the credit of the rapid repair and recovery program underway at the company s key hubs in Minas Gerais.
The consultancy also predicts a modest recovery in the seaborne supply of iron ore in China.
"Chinese iron ore production increased by approximately 30 Mt in 2019 in response to strong domestic demand and tight seaborne supply. In 2020, we forecast a decent recovery in seaborne supply," Wood Mackenzie added.
As indicated, Chinese concentrate production is expected to remain broadly stable in 2020 with no significant displacement occurring until 2021.
"There is more upside than downside risk to our Chinese iron ore production forecast for 2020. In H2-19 we saw how resilient Chinese domestic production (and price) has become due to falling seaborne prices. This trend will likely persist through 2020 as further productivity and efficiency gains are realised," Senior manager Ming He said.
The downside risk to production from increasingly stringent safety and environmental protection policies has also diminished now that mine operators have upgraded equipment and improved the technical efficiency of beneficiation.
Finally, Indian imports could rise to 12 Mt in 2020, the energy consultancy believes. To reduce reliance on expensive imports, either exports need to fall by a further 10 Mt or domestic production needs to rise by the equivalent tonnage.
"A key point to watch in 2020 is India s ability and willingness to boost domestic production in response to stronger demand and wide spreads between domestic and seaborne pricing. Look out for higher supply from NMDC (additional 3 Mt capacity at Kumaraswamy mines), an additional 3-4 Mt from JSW, plus SAIL s enhanced ability to fill any shortages now that the government-owned producer is permitted to sell 25% of production in the open market," the consultancy’s principal analyst Sandeep Kalia commented.
The mine lease auction process for 18 working mines (with capacity to produce approximately 80 million tonnes per year (Mtpy)) is scheduled for completion by end-February. The results of which will provide a good indication of potential production shortfalls.

Posted On:20-Jan-2020



AMSA: Master Convicted after Failing to Report without Delay Engine Failure
The master of a tanker has been convicted after failing to report without delay a main engine breakdown off Queensland, Australia that affected the safety, operation and seaworthiness of his ship, the Australian Maritime Safety Authority (AMSA) said.
As informed, the master has been fined AUD 3,000 (about USD 2,061).
The incident that led to this conviction dates back to January 31, 2019, when the 14,500 dwt Asphalt Spirit was en route from Korea to Australia carrying 14,000 tons of asphalt.
The Marshall Islands-flagged ship suffered a main engine breakdown at 4 pm local time and began drifting 30km northeast of Point Lookout on North Stradbroke Island.
The ship s master reported the incident to AMSA just after 10 pm that night - six hours after the initial breakdown. Modeling predicted the possibility of the ship running aground at the southern end of the island within the next 17 hours if it continued to drift without power.
AMSA began making arrangements to intervene with an emergency tug from Brisbane. The ship s master responded to AMSA at 1.30 am on February 1 and confirmed the engine damage could not be repaired at sea.
Following discussions with technical experts, the Asphalt Spirit’s insurer UK P&I Club entered into its own commercial arrangement with Svitzer who tasked its tug to intervene. The tug arrived later that day, securing the Asphalt Spirit and towing it to Brisbane.
On December 9, 2019, the master pleaded guilty in the Brisbane Magistrates Court to one count of failing to report a marine incident to authorities without delay.
AMSA Chief Executive Officer Mick Kinley said the conviction sent a clear message to the maritime industry that failure to comply with critical reporting requirements had serious consequences.
"The responsibility to report a marine incident to authorities without delay and the consequences for failing to do so, ultimately rests on the shoulders of the ship’s master," Kinley said.
"We have reporting requirements in the maritime industry for a reason. Authorities need to know if you are in trouble so they can provide assistance where possible to resolve the problem before it leads to a catastrophe."
"Without intervention, the incident with the Asphalt Spirit could have been an environmental disaster," he pointed out.

Posted On:20-Jan-2020



Kidnapped 19 crew of MT DUKE released, 1 died. V.SHIPS Statement.
CREW RELEASE MV Duke. Statement issued by Union Maritime Ltd, and V.Ships Management (India) PvT, Ltd Owners and Managers respectively of MT DUKE. London January 19, 2020:
Following the attack on tanker DUKE and abduction of 20 crew members on December 15, we can confirm that 19 of the crew members taken hostage were today released by the criminal gang holding them.

Posted On:20-Jan-2020



Diana Shipping Secures Work for Kamsarmax Bulker
Athens-based dry bulk vessel owner, Diana Shipping has entered into a time charter contract with Aquavita International S.A., for one of its Kamsarmax ships, the m/v Astarte.
The gross charter rate for the 81,513 dwt bulker is USD 11,750 per day for a period of minimum fourteen to about sixteen months.

Posted On:20-Jan-2020



MSC Cruises LNG-Powered Newbuilds to Feature Wartsila Equipment
Finnish technology group Wartsila will supply French shipbuilder Chantiers de l Atlantique with a comprehensive package of integrated solutions for MSC Cruises two new LNG-powered ships.
As explained, the solutions "will support and enhance the efficiency and environmental sustainability" of the World-class cruise vessels.

Posted On:20-Jan-2020



USCG: Search Ends for Missing Fishermen after Collision with Tanker
A unified command has suspended the search for two missing fishermen from the 81-foot fishing vessel Pappy s Pride that capsized after a collision with Odfjell s chemical tanker Bow Fortune near the Galveston Jetties in Galveston, Texas.
Responders searched more than 49 square miles over the past three days, according to the US Coast Guard (USCG).

Posted On:20-Jan-2020



Vessels offered free shore power during Parkkade trial
Coasters taking part in the mobile shore power trial on Parkkade in Rotterdam are being supplied with free electricity. The aim is to stimulate shipping companies to take part in the trial. Using shore power reduces air and noise pollution, as vessels do not need to use their diesel generators.

Posted On:20-Jan-2020



Credits: www.bunkerportsnews.com

Grindrod breaks ground at the R 105 million Umlaas Road AutoPort Project
Grindrod Limited (Grindrod), the JSE listed freight logistics company, has commenced construction of a state-of-the-art AutoPort, just off the N3 in Camperdown. The 270 000sqm property is ideally situated between Pinetown and Pietermaritzburg. The Natcor rail link between Durban and Johannesburg runs adjacent to the property and provides for rail siding opportunities - for rail options both to and from the AutoPort.

Posted On:20-Jan-2020



Credits: www.bunkerportsnews.com

Dublin Port reports strong growth in EU trade volumes
Dublin Port Company has again reported record growth figures for 2019 as trade with the European Union countries experienced strong growth.
Volumes on Ro-Ro (Roll-on/roll-off) and Lo-Lo (life-on/lift off) services to Continental Europe grew by 10.7%, but UK volumes fell by 0.2%.
Dublin Port reported growth in unitised volumes (both Ro-Ro and Lo-Lo combined) of 3.6% to a total of 1.5 million units.

Posted On:20-Jan-2020



Credits: www.bunkerportsnews.com

Adani Group bets big with Krishnapatnam Port Co acquisition
The ports of Dhamra, Vizag, Krishnapatnam, Kattupalli and Kamarajar on the East Coast may be located in different states but have something in common - the Adani Group.
The latest acquisition of the privately-run Krishnapatnam Port Company Ltd (KPCL) in Andhra Pradesh for ₹13,500 crore, announced on January 4, by Adani Ports and Special Economic Zone Ltd (APSEZ), is a perfect strategic fit for the Gujarat-based conglomerate.

Posted On:20-Jan-2020



Credits: www.bunkerportsnews.com
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