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.: 3-May-2018 :. Search News
Displaying 1 to 15 of Records.
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Experts urge Indian shipping community to build robust cyber security
Experts in Singapore have urged India to build a strong cyber security system for its shipping sector, saying the country is investing billions of dollars in maritime infrastructure but the enforcement of anti-cyber attack rules is not as per the need of the hour.
Geoff Leeming, partner at Singapore-based cyber security consultancy Pragma, said cyber attack was a mega problem for every industry but the shipping sector has just "woken up in the last couple of years". Anti-cyber attack rules and regulations enforcement in countries like India, which is developing multi-billion dollar maritime infrastructure, is lower than the need of the hour, he said.
"Dont just wait for a cyber attack on your ships and maritime infrastructure, for it may be worse than the 26/11 attack in Mumbai," Leeming said, referring to the November 2008 terror attack in Mumbai and the September 2001 attack in New York. "The shipping industry has to wake up to what they can do about these threats from cyber attack planners," he said.
Indian shipping sector, just like the rest of the world, is low on the use of IT expertise despite a large pool of IT talent in the country, Leeming said. Indian maritime infrastructure development includes privately-owned ports which again are likely "identified" targets for cyber attack, said Peter Schellenberger, managing director of OSERV Private Limited, a global supply chain and services company here.
"Indian shipping companies have started looking into cyber security but it has never been the focus as it should be. Some 95 per cent of Indian exports are shipped which needs a strong cyber security system fully backed by regulations and operating regimes," Schellenberger said at a recent presentation on cyber scurity here.
Both experts appreciated Indias massive infrastructure in planning and implementation phases. Schellenberger also warned that "dont wait for an attack to happen and then hustle around to re-write your legislative pieces for safety". Citing expensive learning from painful losses, Leeming highlighted the case of container shipping company AP Moller Maersk.
Maersk had said that its revenue loss could be as high as USD 300 million following the NotPetya cyberattack. As India develops a large number of ports, it is time to have all the regulatory checks in place, the two executives said. "Cyber attack is a dangerously open game. Governments and shipping community should expeditiously work on strong security systems," Schellenberger added. PTI GS CPS CPS

Posted On:3-May-2018



Greek ferry accident wasn t trivial, it was an explosion injuring 2 engineers
It was reported on May 2, that ferry CHAMPION JET 2, which left Piraeus in the morning May 2 with 721 passengers on board, returned to Piraeus after left engine damage. It looked like a trivial ferry accident, like any other ferry accidents happening all around the world on a daily basis. As it came out, accident wasn t all that trivial, according to Greek media. There was an explosion in left engine, with two mechanics suffering hands injures, one being seriously injured. Those two mechanics weren t crew members - seems like being ship repair yard team, they ve been carrying out repairs or maintenance works during ship s scheduled sailings - actually, first sailing after repairs in Piraeus, which lasted from late 2017 until May 1 2018. Either repairs weren t completed in time, or ferry didn t undergo required trials and surveys, or probably, it s a routine practice and explosion was caused by something which couldn t be foreseen and prevented, it isn t known. Greek media accentuated officials attempt to downplay the scale and the character of an accident.

Posted On:3-May-2018



Boston Carriers Looking to Enter LPG Sector
Greek shipping company Boston Carriers has entered into an exclusivity agreement to acquire Italy s LPG storage company Nuova Abibes SRL. Under the deal, signed on April 24, the company has a period of six months for the acquisition of Nuova and all its assets and liabilities including, but not limited to, the storage facility in Italy as well as all its business, licenses and trademarks.

Posted On:3-May-2018



Norwegian Cruise Line Sees Another Record Quarter
Miami-based cruise company Norwegian Cruise Line Holdings witnessed a strong start to 2018 as its net income surged by 66.7 percent in the first quarter of the year. The company s net income reached USD 103.2 million for the period ended March 31, 2018, compared to USD 61.9 million in the prior year. Total revenue was also up in the quarter, rising by 12.4 percent to USD 1.3 billion from USD 1.2 billion in 2017, driven by strong organic pricing growth across all core markets along with an increase in capacity days due to the addition of Norwegian Joy to the fleet.

Posted On:3-May-2018



dship Carriers Expanding Fleet with Two Units
Vessel manager and operator dship Carriers, a part of the deugro Group, has expanded its fleet by adding two multi-purpose vessels. The company has jointly acquired two F360-type vessels, in cooperation with HS Bereederungs GmbH & Co. KG. The first unit, now named MV Sophia, was transferred on April 6, 2018 in Port Everglades, USA, while the second ship, MV Josef, is scheduled to be transferred to its new owners in June.

Posted On:3-May-2018



MODEC s New FSRWP Vessel Design Gets AiP
French-based classification society Bureau Veritas has awarded Approval in Principle (AiP) to MODEC s new vessel concept design at this year s Offshore Technology Conference in Houston, Texas. Namely, the Japanese FPSO specialist has developed the Floating Storage, Regasification, Water-Desalination and Power-Generation (FSRWP) vessel, which can provide clean energy and water more efficiently and cost-effectively than conventional solutions.

Posted On:3-May-2018



Container ship VIRGINIA TRADER grounding Update and correction
Update: VIRGINIA TRADER was refloated on Apr 14 by contracted salvors - under LOF 2011 by Smit Salvage Americas, according to Lloyd, and brought to anchor near grounding site. She started to move and arrived at Santo Tomas De Castilla, Guatemala, on Apr 15. No news on damages, probably none.

Posted On:3-May-2018



Scorpio Tankers Lands USD 196 Mn in Loans
Monaco-based tanker owner Scorpio Tankers has secured commitments from four European banks for up to USD 195.9 million worth of loans. The amount would be provided via three separate loan facilities, raising USD 53.9 million of new liquidity in aggregate after the repayment of USD 142 million of existing secured debt. The deal is part of Scorpio s major refinancing campaign targeting USD 334 million through a series of bank loans and sale-leasebacks, announced at the end of April.

Posted On:3-May-2018



ReCAAP Warns of Abu Sayyaf Kidnapping Threat in Malaysia
Asian piracy watchdog ReCAAP ISC issued a warning on May 1st to seafarers over crew abduction threat posed by members of Abu Sayyaf in Malaysia. Aby Sayyaf is one of the most violent jihadist groups in the southern Philippines, notorious for kidnappings for ransom. "The group will be using a blue 3-Engine speedboat and is expected to be underway to Sabah within the next 24 hours," ReCAAP said, citing information from Phillippine Focal Point.

Posted On:3-May-2018



Pacific women in Maritime Association calls for better recognition, visibility and capacity
The Pacific Women in Maritime Association has elected a new executive committee and reaffirmed that the Pacific maritime sector must remain focused on meeting the United Nations Sustainable Development Goal of achieving gender equality and empowering all women and girls in the maritime sector.
The Second Regional Conference for Pacific Women in Maritime, held from April 26-28, was organized by the Secretariat of the Pacific Community, the International Maritime Organization, and the government of Papua New Guinea. This conference was attended by representatives from Cook Islands, Federated States of Micronesia, Fiji, Kiribati, Marshall Islands, Nauru, Palau, Papua New Guinea, Solomon Islands, Tonga and Vanuatu.

Posted On:3-May-2018



Navios Maritime Partners LP Announces the Date for the Release of First Quarter 2018 Results, Conference Call and ...
Navios Maritime Partners LP Announces the Date for the Release of First Quarter 2018 Results, Conference Call and ...  GlobeNewswire (press release)Navios Maritime Acquisition Corporation (NYSE:NNA) Has Increase in Shorts  BZ WeeklyNavios Maritime Acquisition (NNA) versus Its Competitors Critical Contrast  The Ledger GazetteFull coverage

Posted On:3-May-2018



Maritime security in Eastern and Southern Africa [The Morning Call]
The Indian Ocean Commission Ministerial Conference on Maritime Security in the Western Indian Ocean ended on April 29 in Mauritius. The two-day meeting focused on all maritime threats and crimes and the collective solutions needed to secure the vast ocean areas for the economic and social development of the Eastern and Southern African region.

Posted On:3-May-2018



Credits: www.africanews.com

Thailand Emerging as International Maritime Training Hub
Since mid 2015 when MCA first approved a Thailand based seafarer training facility, the growth of that destination as a popular focus for both advanced seafarers and also entry level crew to complete STCW 2010 and the new updating STCW courses, has been nothing short of astonishing.
Anthony Gould, CEO and major investor in Galileo Maritime Academy, said at the recent launch of their Survival Craft and Fast Rescue Boats training facility in Phuket: "Over the last three years international professional seafarers coming to Phuket, Thailand, for advanced refresher and other MCA courses in approved marine engineering, efficient deckhand, medical care, disaster prevention and management, vessel stability, security and rescue training, has increased by more than 100 percent each year."

Posted On:3-May-2018



Kalmar introduces fully electric Kalmar Ottawa terminal tractor to help customers cut emissions and improve productivity
Kalmar, part of Cargotec, is introducing an electric version of its popular Kalmar Ottawa T2 terminal tractor. The Kalmar Ottawa Electric Terminal Tractor is designed for trailer-handling operations in dispersed warehouses, container terminals and other applications where short-distance highway travel is required. It features the latest in battery technology, a fully electric powertrain that produces zero emissions at source and a comfortable driving environment.
The Kalmar Ottawa Electric Terminal Tractor is designed to meet the growing demand for electrically powered solutions, with a powertrain that is not only much cheaper to run than a comparable diesel machine, but which is also easier to operate and maintain.

Posted On:3-May-2018



Credits: www.bunkerportsnews.com

Port now sees bright future as Liberia flagged ship arrives
A vessel carrying over 6,000 twenty foot equivalent units (Teus) docked at the Mombasa port on Monday, signalling an era of growth in trans shipment business at the facility. Liberian flagged Mv MSC Portugal which has a capacity of 6,550 Teus is 304 metres long, 40 metres wide with a depth of 14.5 metres and is one of the largest vessels to call at the port.
The arrival of the vessel was a culmination of marketing efforts in Europe, Middle East and Asia following expansion of capacity at the facility, said William Ruto, the Kenya Ports Authority (KPA) general manager operations and harbour master.

Posted On:3-May-2018



Credits: www.bunkerportsnews.com
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