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.: 30-May-2018 :. Search News
Displaying 1 to 20 of Records.
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Strategic Indian Ocean port features in India, Indonesia maritime cooperation plan
Indonesia and India pledged on Wednesday to step up defence and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta.
Indonesian President Joko Widodo met Indian Prime Minister Narendra Modi to discuss, among other issues, developing infrastructure and an economic zone at Sabang, on the tip of Sumatra island and at the mouth of the Malacca Strait, one of the busiest shipping channels for global trade.
"India is a strategic defence partner...and we will continue to advance our cooperation in developing infrastructure, including at Sabang Island and the Andaman Islands," Widodo told a news conference after the meeting at the presidential palace. Analysts say the move comes amid concerns over China's rising maritime influence in the region, and is part of Modi's "Act East" policy of developing stronger ties with the Association of Southeast Asian Nations (ASEAN).
"The India-ASEAN partnership can be a force to guarantee peace and progress in the Indo-Pacific region and beyond," Modi said in a statement read in Hindi. Modi this year invited the leaders of all ten ASEAN nations to attend New Delhi's Republic Day parade, the biggest such gathering of foreign leaders at the annual event.
There has been tension in Southeast Asia over the disputed South China Sea, a busy waterway claimed in most part by China. Brunei, Malaysia, the Philippines, Taiwan and Vietnam also have conflicting claims in the area, through which about $3 trillion worth of sea-borne goods passes every year.
While not a claimant, Indonesia has clashed with Beijing over fishing rights around the Natuna Islands and expanded its military presence there. It has also renamed the northern reaches of its exclusive economic zone, to reassert its sovereignty.
Modi, who is making his first trip to Indonesia, is also set to visit the Istiqlal mosque in the capital of the world’s biggest Muslim-majority country. The Indian leader flies to Malaysia on Thursday to meet recently elected Prime Minister Mahathir Mohamad before heading to neighbouring Singapore to address a regional security forum, the Shangri-La Dialogue.
Last week, Indonesia's chief maritime affairs minister, Luhut Pandjaitan, said the existing port at Sabang, which is 40 metres (131 ft) deep, could be developed to accommodate both commercial vessels and submarines, according to media. Indonesia's transport minister told reporters on Wednesday that Sabang would get a transshipment port that could be developed over two years.
Asked about Indian investment in Sabang, Indian foreign ministry official Preeti Saran said New Delhi was interested in helping build infrastructure across Southeast Asia. "There have been discussions about building infrastructure, it's not just seaports, but airports," she said. "There would be a lot of interest among Indian companies." Widodo and Modi also signed pacts on cooperation in the pharmaceuticals and techonology industries.

Posted On:30-May-2018



BW LPG Looking to Buy Dorian LPG in USD 1.1 Bn Deal
Owner and operator of gas carriers Dorian LPG has received an unsolicited proposal from BW LPG for a business combination in an all-stock transaction. The move would see Dorian shareholders receive 2.05 shares of BW LPG for each share of Dorian.
BW LPG intends to dual-list on the New York Stock Exchange such that Dorian shareholders would receive at closing NYSE listed BW LPG shares, representing in the aggregate 45% of the combined company at the completion of the transaction.

Posted On:30-May-2018



New Chemical Tanker Joins TOP Ships
Athens-based tanker owner and operator TOP Ships has taken delivery of its newbuilding product/chemical tanker M/T Eco Palm Springs. The 50% owned vessel was handed over to the company on May 23, 2018. Featuring 49,703 dwt, M/T Eco Palm Springs was constructed at the Vietnamese shipyard Hyundai Mipo Vinashin.

Posted On:30-May-2018



Fire Disables Polaris Shipping s Ore Carrier
A very large ore carrier of Polaris Shipping, South Korean owner of the ill-fated Stellar Daisy that sank off Uruguay in March 2017, has been stuck for four days off Brazilian coast after a generator fire, Yonhap reports citing the company. According to the initial findings, the fire, which broke out in one of Stellar Samba s generators on May 26 while the ship was some 50 miles off the Brazilian coast, was allegedly caused by oil leakage.

Posted On:30-May-2018



Heidmar Unveils New Bunkering Service
US-based tanker operator Heidmar has introduced a new bunkering service as the industry moves toward the upcoming 2020 legislation on the global sulphur cap. The company s new platform, Heidmar Bunkering Services (HBS), would providing strategic bunkering for risk management and scenario planning.

Posted On:30-May-2018



Oldendorff Carriers Joins Sustainable Shipping Initiative
Germany-based dry bulk shipowner and operator Oldendorff Carriers has become the newest member of the Sustainable Shipping Initiative (SSI), a coalition of companies from across the global shipping industry.
Oldendorff joins other SSI members who are working together to help make a more environmentally sustainable maritime industry by 2040.

Posted On:30-May-2018



Golden Ocean Inks Refinancing Deal for 10 Bulkers
Norwegian dry bulk shipping company Golden Ocean Group Limited (GOGL) has secured a USD 120 million loan facility to refinance ten ships at favorable terms, the company said. The loan would be used to refinance USD 58.3 million due under two loan facilities maturing in 2018 and seller credit loans of USD 65.5 million. The facility has a seven year tenor, will be repaid in quarterly installments based on a 20-year age profile, and bears interest of LIBOR plus a margin of 2.25 pct.

Posted On:30-May-2018



Tanker aground, St. Lawrence river
Product tanker CHEM NORMA ran aground at Morrisburg, St. Lawrence River, upstream from Montreal, at around 0820 UTC May 29, while sailing upstream from Montreal to Sarnia. No water ingress reported, and no leak. Steering failure is believed to be the cause of grounding. Traffic is not affected. Not yet known if tugs will be contracted for refloating. As of 1340 UTC, tanker was still aground, no tugs seen nearby. Photo of CHEM NORMA aground CBC News.

Posted On:30-May-2018



Panamax bulk carrier minor fire, Portland UK
Fire erupted in cargo hold of Panamax bulk carrier PHAEDRA, docked at Portland, UK, in the evening May 28 during cargo operation. Excavator went on fire understood it was placed in hold for handling cargo, and was quickly extinguished by local firefighters. Excavator was taken from hold in the morning May 29. No damages to the ship mentioned, one person was treated for slight smoke inhalation. Photo DorsetEcho.co.uk

Posted On:30-May-2018



South Korea Designates Several Areas as Industrial Crisis Zones
South Korean government has designated several areas in the country as industrial crisis response zones in an effort to support the ailing shipbuilding industry.
The areas in question are Ulsan, Geoje, Jinhae, Tongyoung, Goseong, Yeongam, Mokpo and Haenam according to a statement issued by the Ministry of Trade, Industry and Energy. Due to the delayed recovery of the shipbuilding market, shipbuilders in these areas have been facing economic difficulties.

Posted On:30-May-2018



Fire-Stricken Maersk Honam Berths, Starts Discharging Cargo
Maersk Line s ultra large containership Maersk Honam, which suffered a serious fire on March 6, berthed at Jebel Ali port on Sunday, May 27, after a two-month long ordeal at sea. The remaining hotspots on board were extinguished last week and the vessel is reported to be stable. "The discharge operations have commenced and are estimated to last approx. four to six days, all going well," Maersk Line said in a statement.

Posted On:30-May-2018



ECSA Supports Proposal for Adequate Port Reception Facilities
The European Community Shipowners Association (ECSA) has welcomed the recently published proposal for a new Directive on Port Reception Facilities as it addresses major issues with the current system in place.
As informed, the new proposal will help in ensuring there are adequate port reception facilities available, require an advance waste notification from ships as well as a waste delivery receipt for reception facilities, and facilitate monitoring and enforcement through existing systems for electronic reporting and the exchange of information.

Posted On:30-May-2018



GAC Australia Secures ONE Agency Deal
Japanese container shipping company Ocean Network Express (ONE) has awarded GAC the agency contract to handle all its vessel calls in Australia covering the ports of Sydney, Melbourne, Brisbane, Adelaide and Fremantle. Under the agreement, GAC Australia will provide agency and husbandry services for approximately 210 calls annually.
ONE is a joint venture formed by the integration of three major shipping lines in Japan - Kawasaki Kisen Kaisha, Mitsui OSK Lines and Nippon Yusen Kabushiki Kaisha - and is now the world s sixth-largest container carrier.

Posted On:30-May-2018



Fishing vessel sinks in sea near Honnavar, 2 missing
Fishing vessel sinks in sea near Honnavar, 2 missing  Deccan HeraldFull coverage

Posted On:30-May-2018



Maersk Line selected ABS to lead workshop identifying hazards impacting safety on containerships
Maersk Line selected ABS to lead a workshop to identify and evaluate potential hazards posed on containerships from dangerous cargoes stowage, ABS said in its press release.
The workshop assembled industry stakeholders to conduct a comprehensive Hazard Identification (HAZID) study to better understand key risks associated with cargo. The workshop identified hazards associated with dangerous goods stowage on a range of containership designs, many which are not fully addressed by the International Maritime Dangerous Goods (IMDG) Code. The outcome will include recommendations to improve stowage planning and hazard mitigation, leading to better management of risks.

Posted On:30-May-2018



Credits: en.portnews.ru

USS Portland Arrives in Pearl Harbor
The amphibious transport dock ship USS Portland (LPD 27) arrived in Pearl Harbor May 29 to conduct Combat Systems Ship Qualification Trials. The ship departed San Diego May 21 and began her transit to Hawaii. The ship s crew has engaged in various training exercises within the past couple of weeks to ensure the ship s weapon systems are properly installed, function correctly, and can be operated safely.
Portland performed her first underway replenishment (UNREP), employing the Standard Tensioned Replenishment Alongside Method, May 22. Steaming approximately 200 feet alongside the lead ship of her class, Military Sealift Command fleet replenishment oiler USNS Henry J. Kaiser (T-AO 187), Portland received more than 175,000 gallons of marine diesel fuel and JP-5 jet fuel from the oiler.

Posted On:30-May-2018



India must invest in connectivity, not in more ports: World Bank expert
India needs more investments in multi-modal connectivity to existing ports than new deep-sea ports, the World Bank has said, flagging concerns on the country s ambitious plan to build new ports as part of the Sagarmala programme.
"There is enough port capacity available prime facie; what is not available is the multi-modal connectivity to the ports," said Biju Ninan Oommen, Senior Port and Maritime Transport Specialist, Transport & ICT Global Practice at the World Bank.

Posted On:30-May-2018



Credits: www.bunkerportsnews.com

SA s shipping channel to be widened
The widening of South Australia s main shipping channel will cut the risk of large cargo ships and cruise ships bypassing

Posted On:30-May-2018



Credits: www.bunkerportsnews.com

Major Chinese port bans some oil, chemical products ahead of summit
One of China s top ports will ban handling refined oil products, liquefied petroleum gas and dangerous chemicals in early June, amid preparations for a regional summit in the city. Using these products in port operations or transporting them will be banned from June 1-6, according to a statement published on the official WeChat account of the work safety watchdog in Qingdao, the nation s top crude oil importing hub.

Posted On:30-May-2018



Credits: www.bunkerportsnews.com

Importers paying for abandoned cargo inspection scanners at ports
In 2005, the Federal Government entered into a 7-year contract with three service providers namely - Cotecna Destination Inspection Service Limited (CDIL), SGS and Globalscan Systems, to carry out destination inspection (DI) services at seaports, airports and border stations.
The implementation of the contract, which commenced in January 2006, was scheduled to end on December 31, 2012. Under the contract, the service providers were to supply cargo scanning machines at their various economic gateways on build, own, operate and transfer (BOOT) basis. They were also expected to train officers of the Nigeria Customs Service (NCS) to take over the operations of the equipment at the expiration of the contract.

Posted On:30-May-2018



Credits: www.bunkerportsnews.com
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