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.: 5-Sep-2019 :. Search News
Displaying 1 to 14 of Records.
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Union Minister Shri Mansukh Mandaviya encourages women participation in Maritime sector
Union Minister of State (I/C) for Shipping, Shri Mansukh Mandaviya chaired at the event organized by Women International Shipping and Trading Association (India). During his address at the 'Seminar on Women in Maritime Sector, Union Minister expressed his happiness regarding women working as seafarer and participating in Maritime sector. In every field, girls are moving shoulder to shoulder with boys. Women are making an unprecedented contribution to the maritime sector he added.
Further, he called upon to increase participation of women professionals in coastal Shipping, Inland waterways and cruise industry as well. The Minister said that if any company discriminates in hiring of women seafarers, Government would take it up strongly with the company.
Later, he interacted with women participants present at the event - stakeholders and members of WISTA (India) who are working at sea and at shore. He deliberated on issues such as recruitment, retention, sanitation and best practices. He assured them of his whole hearted support.
Ms. Sanjam Sahi Gupta, founder and President Emeritus welcomed the Minister and updated him about India's first survey for women in maritime. Shri Amitabh Kumar, Director General of Shipping was also present among other dignitaries.

Posted On:5-Sep-2019



Credits: www.indiaseatradenews.com

US Blacklists "Oil-for-Terror" Shipping Network
The United States has blacklisted an "oil-for-terror" shipping network allegedly directed by the Islamic Revolutionary Guard Corps (IRGC) for providing millions of dollars worth of oil to Syria.
Additionally, a new international shipping advisory was issued on IRGC s use of "deceptive shipping practices" to facilitate transactions, thereby violating U.S. sanctions on Iranian oil sales.
The authorities also said that persons that engage in certain transactions with the entities blacklisted "may themselves be exposed to designation".
"Iran continues to take provocative actions to destabilize the region and the world. Treasury s action against this sprawling petroleum network makes it explicitly clear that those purchasing Iranian oil are directly supporting Iran s militant and terrorist arm, the IRGC-Qods Force," Steven Mnuchin, Treasury Secretary, said.
"Our actions over the last two weeks should serve as a strong warning to anyone considering facilitating the Qods Force s oil sales that there will be swift consequences," Mnuchin added.
The U.S. noted that in spring 2019 alone, the IRGC-QF-led network employed more than a dozen vessels to transport nearly 10 million barrels of crude oil, predominantly to the Syrian regime. These shipments, taken collectively, sold for more than half a billion dollars. The same network also sold nearly 4 million barrels of condensate and hundreds of thousands of barrels in gas oil, "bringing in another quarter billion dollars."
The latest designation from U.S. Office of Foreign Assets Control (OFAC) includes some 16 entities and 10 individuals pursuant to E.O. 13224, and is also identifying 11 vessels as property in which blocked persons have an interest. The IRGC and Hizballah, both identified as Foreign Terrorist Organizations by the U.S. Department of State, are also designated pursuant to E.O. 13224.

Posted On:5-Sep-2019



DSME Gets Approvals for Crosstie-Less VLCC Design
South Korea s Daewoo Shipbuilding & Marine Engineering (DSME) has received approvals for crosstie-less design for very large crude carriers (VLCC).
The shipbuilder applied for the patents from 8 countries for a new type of cargo hold structure without crosstie (horizontal stiffeners) which has been applied to the VLCC since 2010.
Starting with patent registration in Japan in 2015, it was approved in the United States, Greece, UK, Norway, France and China in 2016.
DSME revealed that the final approval needed was received from the Korean Intellectual Property Office in July 2019.
The shipbuilder has been developing the crosstie-less concept since 2009, and has applied this design concept to VLCCs since 2011 for the first time in the world, according to DSME.
The crosstie-less concept is to secure the required strength for design loads including sloshing by enhancing the existing vertical structural members.
DSME said it had delivered 47 of the total of 71 VLCCs without crosstie so far, whith another 24 VLCCs without crosstie currently being built.

Posted On:5-Sep-2019



Sanoyas Shipbuilding: Indigo Heritage Bulker Delivered
Japan-based Sanoyas Shipbuilding Corporation has delivered a new Supramax bulk carrier to Cleveland Shipmanagement.
The naming and delivery ceremony for Indigo Heritage was held at Sanoyas Mizushima Works and Shipyard on September 5, 2019.
As informed, Indigo Heritage is the eleventh ship of the 60,000 dwt type completed by the shipbuilder. The design features an energy-saving hull and a bow shape which enable high fuel efficiency during operation.
In addition, the newbuild is equipped with environmentally-friendly technologies, complying with the latest IMO regulations.
With five cargo holds and a capacity of 77,067 cbm, the bulker has a length of 200 meters and a width of 32.2 meters.
The Liberia-flagged Indigo Heritage has already commenced its maiden voyage and is en route to Vancouver, Canada, according to the latest AIS data provided by VesselsValue.

Posted On:5-Sep-2019



Maersk, Koole Terminals to Produce IMO 2020-Compliant Fuel in Rotterdam
Maersk s subsidiary Maersk Oil Trading has teamed up with liquid bulk storage operator Koole Terminals for the production of IMO 2020-compliant bunker fuel in the Port of Rotterdam.
Maersk said the agreed annual production was expected to cover 5-10% of Maersk s annual fuel demand, allowing the company to expand its bunker supply volumes in Europe.
"The fuel manufacturing process allows Maersk to produce compatible low sulphur fuels that complies with the IMO 2020 sulphur cap implementation, reducing the need to rely on 0.1% price-based gasoil and fuel oil outside the ECA zones," Niels Henrik Lindegaard, Head of Maersk Oil Trading at A.P. Moller - Maersk, said.
The IMO 2020 0.5% sulphur fuel cap will be implemented globally as of January 1, 2020. Bunker fuels within the ECA (Emission Control Area) zones will remain at the current cap of 0.1% sulphur. Koole s Petrochemical Industrial Distillation (PID) unit, located at the company s Botlek site at the Port of Rotterdam, will allow Maersk to produce such ECA 0.1% sulphur fuel.
The deal with Koole Terminals follows Maersk s agreement with PBF Logistics from February this year, which will allow Maersk to supply IMO 2020-compliant marine fuel to customers on the US East Coast.
Additionally, in August 2018 Maersk signed a leasing agreement with Vopak for storage of 2.3 million mt 0.5% compliant fuel at the Vopak Europoort Terminal in Rotterdam.

Posted On:5-Sep-2019



Novatek, Saibu Gas to Develop LNG Bunkering Business in Japan
Russian natural gas producer Novatek and Japanese natural gas distribution company Saibu Gas revealed plans to form a joint venture.
As explained, the JV would focus on developing the business for bunkering and gas-fired power generation in Japan and the Asian region, as well as constructing and operating a new LNG storage tank at the Hibiki LNG terminal.
What is more, the new company would market LNG and natural gas to end customers.
"We have made another important step forward in implementing our strategy to enter the end customer market in key gas consuming countries, among which Japan is one the biggest markets and long time consumer of LNG," Leonid Mikhelson, Novatek s Chairman of the Management Board, commented.
"The creation of our joint venture with Saibu Gas allows us to increase the marketing flexibility of natural gas supplies and make additional opportunities for LNG sales in this important gas consuming region," Mikhelson added.
Novatek and Saibu Gas signed the heads of the agreement during the Eastern Economic Forum in Vladivostok, Russia, on September 5.

Posted On:5-Sep-2019



Iran to Free Seven Stena Impero Crew Members
Iranian Government has decided to release seven of the 23 crew members held on the detained tanker Stena Impero, according to the ship s operator Stena Bulk.
The company said that its request to remove non-essential personnel from the vessel is now being acted upon and that arrangements are underway for the release of the seven seafarers, that include five Indian, a Latvian and a Russian national.

Posted On:5-Sep-2019



Novatek Signs LNG MoU with India s H-Energy, Petronet LNG
Russian gas producer Novatek has signed Memorandums of Understanding (MoUs) with Indian natural gas companies H-Energy Global and Petronet LNG for the sale of Russian LNG in India.
The MoU with H-Energy outlines a cooperation on long-term deliveries of LNG to India in addition to joint investment in future LNG terminals of H-Energy and LNG projects of Novatek.

Posted On:5-Sep-2019



GasLog to Convert LNG Carrier for Panama FSU Charter
Owner and operator of LNG carriers GasLog has signed a 10-year time charter related to an LNG floating storage unit (FSU) with Sinolam LNG Terminal, S.A.
Under the deal, the unit would be provided for a gas-fired power project being developed near Colon, Panama.

Posted On:5-Sep-2019



LNG Carrier Loads 1st Freeport LNG Commissioning Cargo
Freeport LNG has shipped the first LNG commissioning cargo for Train 1 from its liquefaction facility located on Quintana Island in Freeport, Texas.
Approximately 150,000 cubic meters of LNG were loaded aboard the LNG Jurojin, a 2015-built LNG carrier.
Co-owned by Mitsui O.S.K. Lines (MOL) and Kansai Electric Power, the 288-meter-long vessel departed from the Freeport LNG terminal on September 3.

Posted On:5-Sep-2019



Dredger owned by Mercator sinks near Mangalore port
Tridevi Prem, a dredger owned by Mercator Ltd, sank near New Mangalore Port at around 1 am on September 3. Earlier, the master of the vessel had reported flooding in the pump room.
AV Ramana, Chairman of the New Mangalore Port Trust (NMPT), said here on Tuesday that the dredger is not blocking the navigational channel, and there is no problem for the movement of vessels at the port.

Posted On:5-Sep-2019



Credits: www.bunkerportsnews.com

Abu Dhabi Ports forum highlights emerging trends in trade
The emerging trends and topics influencing the future of global seaborne trade, their impact on local and regional businesses, and the importance of innovation in shaping the trade and logistics sectors were discussed today (September 3) at the fourth Abu Dhabi Ports Annual Partners Forum.

Posted On:5-Sep-2019



Credits: www.bunkerportsnews.com

Air quality in shipping ports: Why is it important?
Seaports around the world have been asked to reduce their carbon dioxide emissions and contribute to efforts against global warming.
Ports operating in coastal areas are significantly causing air pollution that exposes the public to serious health problems and environmental threats, authorities said.
Around72 percent of the earth s surface or the equivalent of 363 million square kilometers (140 sqm2) is covered by oceans.

Posted On:5-Sep-2019



Credits: www.bunkerportsnews.com

Rotterdam Port expects several years of rising LNG bunker use
The Port of Rotterdam on Wednesday said it expects sales of liquified natural gas (LNG) as a bunker fuel to increase in the coming years as ships are forced to switch to cleaner sources of energy.
Europe s largest sea port expects throughput of LNG as a bunker fuel to increase to around 30,000 tonnes this year, up from 9,500 tonnes in 2018, director Maud Eijgendaal told reporters.

Posted On:5-Sep-2019



Credits: www.bunkerportsnews.com
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