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Maersk Will Give $80 Million to Employees
A.P. Moller-Maersk A/S is giving $1,000 to each of its roughly 80,000 employees as the world’s largest shipping company heads for record profits this year. The bonus will be in December or January paychecks, according to an internal memo seen by Bloomberg News. The top 400 managers at the Copenhagen-based company aren’t included in the program. Maersk is set to report net income of more than $17 billion for 2021, according to analyst estimates... -gCaptainPosted On:2-Dec-2021
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Cummins India organizes roadshow to showcase its ’Made in India’ Marine Engines
Cummins India Limited, one of India’s leading manufacturers of engines for power generation, industrial and automotive markets, recently organized their first roadshow to showcase it’s ‘Made in India’ B6.7 Marine Engines. The roadshow was organized in association with Garuda Power Pvt Ltd, the channel partner for Cummins India Limited in West Bengal and Odisha... -APN NewsPosted On:2-Dec-2021
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Maritime Partners Acquires J. Russell Flowers Portfolio of 1000 Vessels
Maritime Partners, LLC, through its managed funds, has acquired from J. Russell Flowers, Inc. and its affiliates, a diversified portfolio of over 1,000 marine vessels operating on bareboat charter. JRF’s fleet includes a variety of towboats, tank barges, hopper barges, and deck barges. With this acquisition, Maritime Partners’ portfolio has grown to approximately 1,600 vessels with an estimated fair market value of $1.2bn, making the firm the largest lessor of marine equipment in the United States... -PRNewswirePosted On:2-Dec-2021
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Maritime union to pay over $2 million for organising unlawful stoppages
Patrick Stevedores and Qube Logistics have been awarded a combined total of over $2 million in compensation and penalties following unlawful stoppages of work at Port Botany organised by the maritime union and 2 officials in 2017. Patrick Stevedores Holdings and Patrick Stevedores Operations operate container stevedoring terminals, including at Port Botany in New South Wales. Qube Logistics provides transport logistics services including transporting freight and empty containers by road and rail... -LexologyPosted On:2-Dec-2021
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Dubai Customs organises maritime parade to celebrate 50th UAE National Day
As part of the UAE Golden Jubilee celebrations, Dubai Customs organised a boat parade under the slogan ‘UAE 50th’s Anniversary: Unlocking Centennial Achievements’ today. The event was organised in cooperation with Dubai Police and Dubai International Marine Club (DIMC), with the participation of 20 boats. Mohammed Hareb, CEO DIMC, and Major Ali Abdullah Al Qaseeb Al Naqbi, Director of the Maritime Rescue Unit, and employees of DIMC and Dubai Customs participated in the event... -Gulf NewsPosted On:2-Dec-2021
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India: Chartered Shipbrokers exam training from this month
The Mangaluru Centre of the Institute of Chartered Shipbrokers (ICS), London, will offer the training from December to prepare candidates for the ICS Professional Qualifying (PQE) Examination in May 2022. The question papers are set and answer sheets are evaluated in London. Menezes and Associates, Mangaluru, has been declared the Mangaluru Examination Centre... -The HinduPosted On:2-Dec-2021
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Crew Change Crisis Showing Signs of Improvement, But Variant Risks Uncertain, Neptune Indicator Shows
The number of seafarers working on board ships beyond their contracts’ expiration reached the lowest level since May, but impacts of new variants paint an uncertain picture of what lies ahead, according to the Global Maritime Forum’s Neptune Declaration Crew Change Indicator. The crew change indicator, now at its lowest since it has been published, points to an improvement of the crew change crisis situation and a stably increasing vaccination rate... -gCaptainPosted On:2-Dec-2021
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Digital connectivity is evolving as maritime operators demand more from satcom systems
The business of digital communication is changing and digital service providers need to keep pace in order to stay relevant and meet customer needs. Added value and comprehensive service are now the expectation as the shipping industry’s use of digital communication matures and operators require more from their VSAT connection. And essential back-up systems can also work harder to protect business continuity... -satnews.comPosted On:2-Dec-2021
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Japan coast guard rescues man a day after his boat capsizes
A 69-year-old man drifted in choppy waters for nearly a day while clinging to the bottom of his capsized boat until he was saved by the coast guard, officials said Wednesday. The man, whose name has not been released, was the only one on the boat, the No. 5 Takamaru, when it capsized off the southern Japanese resort island of Yakushima on Saturday, the coast guard said... -DevdiscoursePosted On:2-Dec-2021
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CMA CGM and Shell perform first Bio-LNG bunkering operation in Rotterdam
The CMA CGM Group, a world leader in shipping and logistics, and Shell have performed the first Bio-LNG bunkering trial in Rotterdam. The CONTAINERSHIPS AURORA, a 1,400 TEU (Twenty-foot Equivalent Units) LNG-powered vessel, was bunkered by Shell with a nearly 10% blend of low carbon Bio-LNG while calling at Rotterdam. The vessel received around 483 m3 (219 tonnes) of LNG, 44 m3 (20 tonnes) of which were Bio-LNG... -Bunker Ports NewsPosted On:2-Dec-2021
Credits: www.bunkerportsnews.com |
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Marine market looks for cyber solutions as shipowner concerns grow
The marine market is struggling to provide adequate cyber insurance solutions for shipowners amid a heightened awareness of the risks posed by cyberattack and an increasing reliance on autonomous shipping, Insurance Insider understands. Sources said that recent years had seen a rush from traditional hull and cargo insurers to exclude cyber and eradicate silent cyber exposures from their portfolios, leaving shipowners reliant on just a handful of marine-specific options in the market for coverage.. -The Insurance InsiderPosted On:2-Dec-2021
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Ship stranded in high seas off Lakshadweep coast due to engine fire, passengers safe
A ship with over 322 passengers and 85 crew on Wednesday was stranded in the high seas 16 nautical miles from here after its engine caught fire. The vessel was sailing to Androth Island, a part of the Lakshadweep archipelago, official sources said. All the passengers and crew are safe and the ship is being towed to Androth by a Indian Coast Guard vessel which was in the vicinity, the sources said... -DevdiscoursePosted On:2-Dec-2021
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Kirby to Pay $15.3 Million in Damages Over 2014 Oil Spill in Houston Ship Channel
Texas-based Kirby Inland Marine agreed to pay $15.3 million in damages and assessment costs to resolve federal and state claims for harm to natural resources resulting from a 2014 oil spill from a Kirby barge in the Houston Ship Channel, the U.S. Justice Department said... -gCaptainPosted On:2-Dec-2021
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Urea carrier on fire, Central Java
Urea carrier SOEMANTRI BROJONEGORO suffered fire in engine room at 0715 WIB (UTC +7) Dec 1, while leaving Cilacap port, southern Central Java, Indonesia, reportedly in load. Tugs and firefight teams were deployed, of 26 crew 21 were evacuated by 1000 WIB, 5 remain on board to assist in firefighting... -FleetmonPosted On:2-Dec-2021
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Chinese freighter beached by storm at Okinawa
General cargo ship HEIWA MARU was beached by storm late Nov 30 in Unten Port area, western Okinawa coast, Japan, East China sea. The ship was approaching Unten port at the time of an accident. While pushed aground, the ship damaged fish farm cages and fishing boats... -FleetmonPosted On:2-Dec-2021
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Hong Kong ro-ro ship abandoned, capsized, South China sea
Report emerged that ro-ro cargo ship NARIMOTO MARU on Dec 1 was abandoned by her crew and capsized in South China sea some 160 nm E of Vung Tau, Vietnam, while en route from Malaysia to Taiwan. As of 1300 UTC Dec 1, ship’s AIS was still on, she was either adrift or moving dead ahead in SW direction.. -FleetmonPosted On:2-Dec-2021
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Comms lost with cargo ship in stormy Japan sea, search for 17 crew UPDATE
Confirmed it’s HOUEI CRYSTAL17 crew were reportedly rescued, 1 crew was washed overboard by wave before the ship was caught in distress situation. Panama-flagged cargo ship issued distress signal in Japan sea some 250 nm south of Nakhodka, Russia, in the evening Dec 1, reporting sinking, 18 Vietnamese crew going into lifeboat. After that, all communications with the ship were lost... -FleetmonPosted On:2-Dec-2021
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