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.: 28-May-2018 :. Search News
Displaying 1 to 17 of Records.
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Oil rig fire, 100 personnel evacuated, Nigeria: 28 still trapped inside
Fire broke out on an oil rig MAJESTIC of Depthwize Nigeria in waters of Koluama, Bayelsa State, Nigeria, at around 0500 LT May 26, during tests. Some 100 workers which were on the platform, were evacuated to Port Harcourt, no casualties, no injures reported. Rig sustained serious damages, understood some constructions, among them living quarters, were destroyed. According to officials, fire was brought under control by firefighters. The oilfield is operated by ConOil, but the oil rig is owned by Depthwize Nigeria. MAJESTIC characteristics: http://www.depthwize.com/our fleet/majestic

Posted On:28-May-2018



Wilhelmsen s Drew Takeover Would Reduce Competition
Singapore s Competition and Consumer Commission has ruled that the proposed merger between Wilhelmsen Maritime Services (WMS) and Drew Marine Technical Solutions (DMTS) would reduce competition between maritime products suppliers. According to a provisional decision issued by CCCS, the proposed acquisition would result in a substantial lessening of competition in the market for the supply of marine water treatment chemicals in Singapore.

Posted On:28-May-2018



Rosneft Orders Shuttle Tanker from Zvezda
Rosnefteflot, part of Russia s petroleum company Rosneft, has signed a contract with compatriot Zvezda shipyard for the construction of a 69,000 dwt shuttle tanker. The contract, inked during the St. Petersburg International Economic Forum held from May 24 to 26, 2018, includes an option to build a second similar vessel. At the same time, a 20-year charter agreement was signed between Rosneft and Rosnefteflot.

Posted On:28-May-2018



US "Alarmed" by Missile Strike on Turkish Ship off Yemen
The United States said it was "alarmed" by the missile strike on a Turkish wheat ship earlier in May and called on the Houthis to work with the United Nations to relieve the Yemenis suffering. The missile hit the Turkish bulk carrier Ince Inebolu while it was some 70 miles off the coast of Yemen on May 10. Ince Inebolu was attempting to deliver 50,000 metric tons of wheat to Yemen s Saleef port near Hudaydah.

Posted On:28-May-2018



BWT Market Is Accelerating
The ballast water treatment (BWT) market has recently seen positive developments, BWT specialist Optimarin said, reflecting on a surge in new orders and revenues. This Norway-based firm, which has now sold close to 600 of its USCG-approved Optimarin Ballast Systems (OBS), has shattered its initial growth forecasts for the year to date, with both orders and income up by over 50% year-on-year. "2017 was our best ever year in business, so we honestly didn t expect to outperform last year’s figures so comprehensively," Tore Andersen, Optimarin CEO, said.

Posted On:28-May-2018



No longer sea-blind
Despite their proximity, physical and cultural, the strategic distance between Delhi and Jakarta has been incredibly vast. Barring a brief moment in the mid 20th century, when anti-colonial solidarity brought them together, modern India and Indonesia have barely figured in each other’s mental maps.
Efforts in the early 21st century to end this estrangement have only produced meagre results. Might Prime Minister Narendra Modi's visit to Indonesia next week change the fortunes of the bilateral relationship? Modi and the Indonesian President Joko 'Jokowi' Widodo have two things going for them.
One is the increasing self-awareness in Delhi and Jakarta of their growing regional and international weight. India and Indonesia are slowly but surely breaking out of the foreign policy mindsets shaped for long by non-alignment. The other is the new maritime impulse shaping the worldview of Delhi and Jakarta amidst an extraordinary power shift in Asia and its waters.
For generations of the Indian elite, any reference to Indonesia triggered nostalgia for the heady days of anti-imperialism and third worldism marked by the Bandung conference in April 1955. Unfortunately, there has been little else. The Bandung political metaphor had, of course, collapsed by the end of the 1950s. Intense friendship between Delhi and Jakarta turned into mild hostility in the early 1960s. After that the two sides settled down to an extended period of mutual neglect. A variety of internal, regional and global political developments widened the political gulf between India and Indonesia.
If the domestic threat from Communism drove Jakarta decisively to the right from the late 1960s, Delhi entered into a prolonged dalliance with left wing politics and economics. After Bandung, India turned its back on Asia and focused on the non-aligned movement. Jakarta moved towards the minor variant of Asianism in South East Asia.
India drifted towards a de-facto alliance with the Soviet Union, Indonesia feared Communist Russia and emphasised partnerships with the US and Japan. The end of the Cold War saw frequent efforts at constructing a substantive partnership between Delhi and Jakarta. India's economic liberalisation and the Look East Policy certainly triggered ASEAN's interest in India. To be sure, Delhi and Jakarta talked the talk on building a strategic partnership, but could not walk the walk.
All that could be changing, though, as India and Indonesia revise their self-image and reimagine their place in the world. At the heart of this transformation is the change in their economic weight. With its GDP at $2.6 trillion, India is the fifth largest economy in nominal terms and the third biggest in PPP. Delhi under Modi has begun to see itself as a "leading power". Although the goal is an aspirational one at this point, India is increasingly confident of its potential to shape its external environment.
This is equally true of Indonesia. Its GDP has crossed the one trillion dollar mark last year and today it ranks 16th in nominal terms and seventh if we take the PPP as the measure. With a population of nearly 260 million, Indonesia is the world's largest Islamic nation. Since the late 1990s, Indonesia has consolidated itself as a democracy. Although it was the largest country in South East Asia, Indonesia had lowered its profile all these decades in order to make a success of South East Asian regionalism under the ASEAN. As its potential for a larger regional and global role comes into view, Jakarta is looking to complement the centrality of ASEAN with a larger vision of the Indo-Pacific, a geopolitical construct that India too has adopted.
If the idea of Asia drew Delhi and Jakarta close in the 1950s, it might well be the Indo-Pacific that will provide the framework for long overdue strategic re-engagement. That there is no territorial conflict between the two nations - at a moment when maritime disputes have taken centrestage - is of much value for the re-engagement. Even more important is the eagerness of both Delhi and Jakarta to look beyond their immediate neighbourhood and play a larger role in promoting peace and prosperity in their extended neighbourhood - the Indo-Pacific.
Underlying the enthusiasm for the Indo-Pacific in Delhi and Jakarta is a deeper change in both nations. Both of them have begun to rediscover their long-neglected maritime destiny. Prolonged inward economic orientation and border disputes in the north west and the north meant India had no time for its seas in the 20th century. After two-and-a-half decades of reform that has globalised the Indian economy, Delhi is paying more attention to maritime issues.
With thousands of islands, Indonesia is a massive archipelagic nation. But Jakarta until recently saw no reason to think maritime. The benign external environment secured by the United States meant Jakarta could devote most of its energies on internal territorial consolidation. Now, as the Asian waters open up to great power contestation, Jakarta can no longer remain sea blind. A little over three years ago, President Jokowi unveiled the ambition to turn Indonesia into a "global maritime fulcrum" by taking advantage of its special geographic position as the land bridge and sea link between the Indian and Pacific Oceans.
As they respond to the long-ignored maritime imperative, Delhi and Jakarta may have finally found an anchor for their strategic partnership. Although India and Indonesia have a shared sea frontier in the Indian Ocean, there was little maritime business between the two. Today, Modi and Jokowi have the opportunity to build a peaceful and prosperous "maritime mandala" in the heart of the Indo-Pacific through a number of steps. These include developing shipping links, building new ports, promoting a blue economy in the Andaman Sea, and advancing cooperative security framework for the Malacca Straits and the Bay of Bengal.

Posted On:28-May-2018



Credits: indianexpress.com

Spotlight on women in maritime security
"The bottom line is that doubling your talent pool just makes sense", said Chris Trelawny, IMO’s special Adviser on Maritime Security, as he opened the Women in Maritime Security conference held at IMO Headquarters (24 May).
Women are increasingly present at sea, as they defy traditional expectations. Their full and meaningful participation in the economy, political decision-making, and society is key to addressing maritime challenges, but gender equity in the maritime space is too often overlooked. The One Earth Future foundation, the International Maritime Organization (IMO), and the United Nations Office on Drugs and Crime (UNODC) hosted "Women, Peace, and Maritime Security: Equal Chance in Maritime Security". The event brought together experts from the maritime and security sector to discuss the importance of women in maritime security, obstacles to women s participation, and how to integrate the women, peace, and security agenda into the maritime space.
The conference featured high level panellists and also heard insightful and engaging comments including Sue Terpilowski from Women s International Shipping & Trading Association (WISTA). She said, "Companies that have a diverse board have more money for their shareholders." One Earth Future President Larry Sampler said, "diversity, particularly gender diversity, in any workforce improves the quality of that workforce, particularly if the job requires intellectual thought and strategic vision." The event left the audience with a positive message, highlighting the importance of women in maritime and encouraging more conversation for gender equality in the maritime space.

Posted On:28-May-2018



Bulk carrier disabled railway bridge at Toledo, Ohio
Bulk carrier IRYDA said to be the cause of 6-hours closure of railroad bridge in Toledo, Maumee river, Lake Erie, in the afternoon May 25. Railroad spokesman told Toledo Ohio, that the freighter which left grain terminal caught and broke off one of bridge s power supply wires. Bulk carrier according to track, wasn t detained, she continued her voyage from Toledo to Montreal.

Posted On:28-May-2018



Dutch cargo ship on tow after week s drift in the Atlantic
May 26 Update: SPAARNEGRACHT was taken on tow by DIAN KINGDOM at around 1100 UTC May 26, port of destination yet unknown. The caravan is sailing in general east direction, most probably heading for Europe, at some 6 knots speed.

Posted On:28-May-2018



IBM Introduces New Authenticity Tool
IBM Research has introducing IBM Crypto Anchor Verifier, a new technology that brings innovations in artificial intelligence (AI) and optical imaging together to help prove the identity and authenticity of objects.
All objects and substances have their own unique optical patterns, sometimes undetectable by the human eye, that differentiate them from each other. These patterns can distinguish an organic ear of corn from a genetically modified one, or identify impurities in diamonds, for example. Optical characteristics can be measured using light spectrometers, an instrument used to measure properties of light, but they are quite bulky and expensive, limiting their utility.

Posted On:28-May-2018



IMO takes first steps to address autonomous ships
The International Maritime Organization (IMO) - the global regulatory body for international shipping - has commenced work to look into how safe, secure and environmentally sound Maritime Autonomous Surface Ships (MASS) operations may be addressed in IMO instruments.
The Organization s senior technical body, the Maritime Safety Committee (MSC), endorsed a framework for a regulatory scoping exercise, as work in progress, including preliminary definitions of MASS and degrees of autonomy, as well as a methodology for conducting the exercise and a plan of work.

Posted On:28-May-2018



First woman 1st Engineer in Greece s historically male-dominated shipping industry
Greece has been a maritime nation since ancient times. Historically though, the maritime industry has been male-dominated and women usually did not pursue a career at sea. There was also an old saying-a superstition from another era that "women are bad luck at sea". Gone is this myth nowadays; still shipping remains one of those industries which have the lowest number of women workforce.
In the last decade, especially due to the economic crisis, the trend is changing. Several young Greek women have tried to find a place in the sun by choosing to study in the country s National Merchant Marine Academy.

Posted On:28-May-2018



Global Marine Scrubber Market Research Report 2018
A new report titled Global Marine Scrubber Market Research Report 2018 has been added to the database of Trusted Business Insights (TBI). In this report the Global Marine Scrubber Market is valued at XX (valuation provided in sample report) million in 2018 and is expected to reach USD XX (forecast provided in sample report) million by end of 2025, growing at a CAGR of XX%(percentage provided in sample report) between 2018 and 2025.

Posted On:28-May-2018



The mirage of Djibouti s economic success
EXX Africa published a special report on the country s investment outlook on 24 May 2018. At first sight, Djibouti seems to be an attractive investment destination in an otherwise troubled Horn of Africa region. The country s apparent political stability is assured by the presence of multiple foreign military bases and relatively low exposure to regional security threats. Djibouti s strategic location near the world s busiest shipping lanes, controlling access to the Red Sea and Indian Ocean, continues to attract investment from African, western, Asian, and Gulf investors, particularly in the marine, construction, aviation, fuel, and defense sectors.

Posted On:28-May-2018



Credits: www.bunkerportsnews.com

TCSP s 1Q throughput down 8.4% to 3.88 million tonnes
Cargo handling at the terminals of Tuapse Sea Commercial Sea Port Group (TSCP Group, part of UCL Holding), between January and March 2018 decreased by 8.4% on the same period a year before to 3.88 million tonnes.
The three-month result was attributed to a 25.4-percent decline in liquid bulk cargo segment, to 1.7 million tonnes (-25.4%), following a downward trend in customer requests for the commodity transshipment. In the reporting period handling of coal exports fell to 700,000 tonnes compared to 740,000 tonnes a year earlier. At the same time, handling of ferrous metals rose 26.3% to 0.79 million tonnes thanks primarily to a 63.5-percent growth Y/Y in slabs exports.

Posted On:28-May-2018



Credits: www.bunkerportsnews.com

Sea Port of St. Petersburg sees 5-percent growth in 1Q volumes
Sea Port of St. Petersburg JSC (SP St.Pb, part of UCL Holding) in the first quarter 2018 handled 1.89 million tonnes, which represents a 5% growth on the same period a year earlier. The performance result was driven primarily by increased volumes of ferrous metals, "big bags" and containers handled at the port.
In the reporting period, Sea Port of St. Petersburg saw a 10-percent increase in ferrous metals volume reaching 1.1 million tonnes. The growth is contributed to the expansion by the port s anchor clients in their export cargo range, including iron rod, reinforcement and railway rails. SP St. Petersburg ensured the efficient handling of increased ferrous metal exports at its quays thanks to the implementation of a range of activities. Overall, Sea Port of St. Petersburg is able to handle more than ten types of the cargo simultaneously.

Posted On:28-May-2018



Credits: www.bunkerportsnews.com

Albanian Durres port to boost cooperation with Croatian Rijeka port
Representatives of Durres Port Authority (APD) and the Croatian Rijeka Port Authority (APR) signed on Friday a memorandum of understanding to widen bilateral cooperation in the field of maritime transport and port industry.
Executive Director General of APD Afrim Bakaj said that the agreement aims to extend cooperation in several areas, including the creation of conditions for a ferry line for passengers and vehicles which will unite the two cities.

Posted On:28-May-2018



Credits: www.bunkerportsnews.com
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