The commitment of the International Maritime Organization (IMO) to combat piracy off the coast of Somalia through boosting capacity building in the region has been underlined with the signing of five strategic partnerships with a number of UN agencies and the EU, following a Conference on Capacity Building to Counter Piracy off the Coast of Somalia, held at IMO Headquarters in London on 15 May 2012.
Seychelles to Prosecute Eleven Suspected Somali PiratesToday the Republic of the Seychelles agreed to accept for prosecution 11 suspect pirates who were captured by EU Naval Force (EU NAVFOR) frigate HNLMS Van Amstel on Friday 11 May. Friday, 18.May.2012, 01:45
CSCL launches 4,738-TEU Xin Qin Zhou from Qinzhou Bonded Port Area CHINA Shipping Container Lines' new 4,738-TEU Xin Qin Zhou vessel, the first ship named after south western China's Qinzhou port, was launched at Qinzhou Bonded Port Area International Container Terminal, Xinhua reports.
Seaspan quarterly profit rises 1.4pc net to US$51 million, revenue up 25pc NEW YORK listed Seaspan, with major offices in Hong Kong and Vancouver, but registered in the Marshall Islands, posted a first quarter 1.4 per cent net profit increase to US$51.25 million year on year, drawn on revenues of 152.08 million, up 25 per cent. "During the first quarter, Seaspan continued to generate strong, stable operational and financial results for shareholders," said Seaspan CEO Gerry Wang. Friday, 18.May.2012, 01:38
Agility quarterly net profit slips 7.8pc despite 1pc increase in revenue KUWAIT's big forwarder, Agility, has posted a first quarter year-on-year eight per cent net profit decline to KWD7.1 million (US$25.4 million), drawn on revenues of KWD321.8 million, down one per cent. Friday, 18.May.2012, 01:35
ICTSI Croatia signs deal with Shanghai's ZPMC for cranes and RTGs CROATIA's Adriatic Gate Container Terminal (AGCT), a unit of Manila's International Container Terminal Services Inc (ICTSI), has ordered two post-panamax quay cranes, eight rubber tyre gantries and rail mounted gantries from with Shanghai's Zhenhua Heavy Industries Company (ZPMC).
Friday, 18.May.2012, 01:31
Nils Smedegaard Andersen back as CEO at AP Moller Maersk after heart surgery AP MOLLER MAERSK chief executive Nils Smedegaard Andersen, 53, was clearly back at work with the announcement of Danish shipping giant's quarterly results after he spent more than four months on medical leave following heart surgery. Friday, 18.May.2012, 01:29
Kuehne + Nagel Japan granted medical device manufacturing licence GLOBAL logistics provider Kuehne + Nagel Japan has been granted the medical device manufacturing licence (packaging, labelling and storage) for its logistics facility in Ichikawa by the Chiba Prefecture Government. Friday, 18.May.2012, 01:27
Bunker association to teach bunkering to cargo officers in Singapore THE Maritime and Port Authority of Singapore (MPA) has appointed the International Bunker Industry Association (IBIA) as one of two organisations to give an enhanced bunkering course for cargo officers in a bid to upgrade professionalism and competence.
Friday, 18.May.2012, 01:25
GAC Bunker Fuels opens web-based pricing platform with analytical tools GAC BUNKER FUELS Limited has started offering customers a new pricing and market information platform accessible over the Internet to provide data on a daily basis and facilitate fast and informed fuel procurement decisions.
Yesterday at Kuala Lumpur (Malaysia) a unique contract was signed between Groot Ship Design from Leek (the Netherlands), Sundong shipyard (Korea) and owner PBHH/BH livestock Vessel SDN BHD (Malaysia) for the design and delivery of two types of livestock carriers. Of each type the Korean yard will build 5 vessels for PBHH/BH Livestock.
In the port of Tuapse about 11:00 (LT) tanker collided Tomsk to the Turkish ro-ro ferry Melissa K, operating at line Samsun-Tuapse. This PortNew s Witnesses reported the incident.
The Georgian coast guard detained in port of Poti two Turkish cargo vessels with twelve crew members on both ships for unauthorized entry to the breakaway Abkhazia, the Georgian Border Police said.
Offshore Marine Support Ltd. announce that it has entered into an
agreement to secure a build slot for a South Catamaran 17m Wind Farm Support
Vessel to be built by South Boats Special Projects Ltd. on the Isle of
Wight.
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry commodities, fell on Friday for a third day due to weakness in dry bulk shipments and analysts expect that a rebound is unlikely in the near term.
Ayşe Çaman (65) from Espiye, Giresun province, has been a miller for 50 years. She is the only miller left in her village and wants to continue with her job for as long as she can.
The European Union agreed this week to introduce a ban on Iranian oil imports to the EU. Iran’s response was unequivocal. The strait “would definitely be closed if the sale of Iranian oil is violated in any way,” a member of Iran’s influential national security committee in parliament, Mohammad Ismail Kowsari, said on Monday.
In the Demolition sector, Subcontinent sentiment is negative as prices have soften due to oversupply of tonnage & monsoon season approaching. Prices are ranging this week at $460 for bulkers, at $485 for tankers & at $485 for Tweendeckers/Containers. In other major demo-markets this week, China is steady, paying $415 while Turkey remains bullish paying $360-365 per lt.
Costa Concordia: A major navigational error, or what?
Ayşe Çaman (65) from Espiye, Giresun province, has been a miller for 50 years. She is the only miller left in her village and wants to continue with her job for as long as she can.
