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Seafarer Medevaced from Tanker off Texas
A seafarer was medevaced from the crude oil tanker AST Sunshine while the ship was off Galveston, Texas, on April 4.
According to the U.S. Coast Guard, Houston-Galveston watchstanders received a report from the chief engineer of the 159,000 dwt vessel that a crewmember aboard required medical assistance.
A response boat crew arrived on scene and transferred the seafarer to awaiting emergency medical services personnel at Coast Guard Station Galveston.
The sailor was reported to be in stable condition.
According to AIS data provided by Marine Traffic, the 2013-built tanker is currently moored at the Houston Anchorage, where it arrived in the afternoon hours of April 3.Posted On:5-Apr-2019
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Stolt-Nielsen Foresees Impact from Houston Ship Channel Fire
London-based Stolt-Nielsen Limited expects a negative financial impact on its tanker business following a fire at Intercontinental Terminals Company s facility in Houston.
Namely, the company noted that its future performance is expected to be affected by the fire which erupted on March 17 at ITC s petrochemical storage facility, leading to a chemical spill in the Houston Ship Channel.
"The fire at ITC s facility in Houston last month is already impacting the local chemical industry, including both transportation and storage," Niels G. Stolt-Nielsen, CEO of Stolt-Nielsen Limited, commented.
"We are at a minimum expecting a negative impact on Stolt Tankers, as parts of the Houston Ship Channel have been closed to traffic, causing delays. We continue to follow the situation closely, as the full impact is unclear at this point."
The Oslo-listed company reported USD 501.9 million of revenue for the first quarter ended February 28, 2019, compared to a revenue of USD 515.3 million reported in the same period a year earlier.
Stolt-Nielsen s net profit dropped to USD 6.6 million in the period from USD 38.8 million delivered in the first quarter of 2018.
"Stolt-Nielsen Limited’s first-quarter results were in line with expectations," Stolt-Nielsen said.
"Freight rates and volumes overall were stable at Stolt Tankers. Results at Stolthaven Terminals were steady when excluding the impairments taken in the prior quarter, reflecting stable market conditions and operations. At Stolt Tank Containers, first-quarter results were down in line with seasonal expectations, though market softness remains, with intensified price competition."
Stolt Tankers reported an operating profit of USD 14.3 million, up from USD 7.7 million delivered in the previous quarter, mainly reflecting a USD 3.4 million bunker-hedge gain in the quarter.
Stolthaven Terminals operating profit was at USD 18 million, up from USD 11.7 million in the fourth quarter of 2018, while Stolt Tank Containers reported an operating profit of USD 15.7 million down from USD 18.1 million quarter-on-quarter.Posted On:5-Apr-2019
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A 100 years on, Indian shipping yet to make waves globally
With 43 shipping companies owning 1,401 vessels of a total 12.69 million gross tonnage the numbers are unimpressive
Indian shipping saga began on April 5, 1919 when the SS Loyalty, a ship owned by the now defunct Scindia Steam Navigation, started her voyage from Bombay (now Mumbai) to London.
The country s first shipping company had been founded a few days earlier on March 27 by four Gujarati businessmen - Walchand Hirachand, Narottam Morarjee, Kilachand Devchand and Lallubhai Samaldas - to counter British interests and build India s own mercantile fleet.
Since 1964, April 5 is celebrated as National Maritime Day. Walchand Hirachand, then Chairman of Scindia Steam Navigation, was also the first president of the Indian National Shipowners Association (INSA), a position he held for 19 years.
Walchand Hirachand Marg at Ballard Estate in Mumbai s Fort area is named after him.
India now has 43 shipping companies owning 1,401 ships with a combined 12.69 million gross tonnage as of December 2018, according to the Directorate General of Shipping.
The unimpressive statistics for a maritime nation with a 7,517 km coastline, drew a sharp retort from shipping veteran Captain J C Anand.
"If you ask anybody amongst the 20 maritime countries in the world where do we stand, that will tell you where we are. Sorry, we don t have the ships we should have had. I think we are the 15 or 16 among the 20 countries; some of the smaller maritime nations have more tonnage than we have," says Anand, who ran the Indian Register of Shipping (IRS) for many years and was instrumental in the Indian ship classification society gaining a full member status at the International Association of Classification Societies (IACS).Posted On:5-Apr-2019
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Titan LNG to Supply LNG for Rederij Doeksen Ships
Dutch ferry company Rederij Doeksen and LNG supplier Titan LNG have signed a long-term agreement for the supply of LNG as a shipping fuel to newbuild ferries.
As informed, the vessels, Willem de Vlamingh and Willem Barentsz, will be bunkered at the Rederij Doeksen location in Harlingen by trucks on a weekly basis.Posted On:5-Apr-2019
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Samsung Heavy, Wartsila Team Up on LNG Carrier, Shuttle Tanker Solutions
South Korean shipbuilder Samsung Heavy Industries and technology group Wärtsilä are joining forces to develop more efficient solutions for LNG carriers and shuttle tankers.
The two sides signed a Joint Development Project (JDP) agreement at the LNG19 exhibition in Shanghai on April 3.Posted On:5-Apr-2019
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APM Terminals Algeciras sets new record
APM Terminals Algeciras hits a new Port Moves Per Hour (PMPH) record for a vessel berthed at Juan Carlos I berth. On Monday, 25th of March, 187,82 PMPH were registered on MSC Kalina.
The Operations Department of the largest terminal in the Mediterranean confirmed that this is the best result since MSC Ditte called in September 2017.Posted On:5-Apr-2019
Credits: www.bunkerportsnews.com |
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Women in Ports Mentoring Program launched by IAPH Women s Forum
The board of the International Association of Ports and Harbors (IAPH) has recently announced the allocation of a budget fund of USD 10,000 to develop a Women in Ports Mentoring Program designed to attract, empower and retain female talent in the industry.
The initiative builds on the activities of the IAPH Women s Forum which has been actively sponsoring professional development of member female port professionals through its Biennial Training Scholarship and Annual Meeting Scholarship for a number of years.Posted On:5-Apr-2019
Credits: www.bunkerportsnews.com |
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NPA plans to put seaports on competitive edge
The Nigerian Ports Authority (NPA) has said that its current reform process is targeted at improving revenue generation and competitiveness of the nation s seaports.
Managing Director, NPA, Hadiza Bala Usman, who stated this at the opening of a workshop for journalists organised in collaboration with Premium Times Services in Lagos yesterday, said the reforms would enhance ports operations and make them more competitive.Posted On:5-Apr-2019
Credits: www.bunkerportsnews.com |
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COSCO SHIPPING Ports Signs Investment Agreement of COSCO SHIPPING Ports Supply Chain Project with Guangzhou Nansha Economic and Technology Development Zone Commercial Bureau
COSCO SHIPPING Ports Limited, a leading ports operator in the world, today announced that the Company signed investment agreement of COSCO SHIPPING Ports Supply Chain Project with Guangzhou Nansha Economic and Technology Development Zone Commercial Bureau.Posted On:5-Apr-2019
Credits: www.bunkerportsnews.com |
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London Tribunal rules that Djibouti has breached Doraleh Container Terminal s rights
Doraleh Container Terminal SA (DCT), a Djibouti port operator owned 33.34% by DP World Group, and 66.66% by Port de Djibouti S.A., an entity of the Republic of Djibouti, has been successful in the London Court of International Arbitration proceeding against the Republic of Djibouti.Posted On:5-Apr-2019
Credits: www.bunkerportsnews.com |
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World s Largest Iron Ore Port Expects Higher Exports Post Vale Disaster
With a market facing a global deficit that was unforeseen at the start of the year, the world s biggest iron ore export port is flagging a timely boost in shipments as Fortescue Metals Group Ltd. and rivals bring on new mines in Australia s remote Pilbara region.
The projected shortfall comes in the wake of Vale SA s January dam disaster in Brazil, which prompted the biggest producer to forecast output losses of as much as 75 million tons this year.Posted On:5-Apr-2019
Credits: www.bunkerportsnews.com |
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