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Friday, November 22, 2019

SCI acquires Kamsarmax Bulk carrier & PSV

Posted to SCI acquires Kamsarmax Bulk carrier & PSV (by Joseph Fonseca) on December 19, 2012

The Shipping Corporation of India Ltd. (SCI) accepted delivery of a Kamsarmax Bulk carrier, m.v. “Vishva Jyoti” yesterday. The vessel is the first of a series of four Kamsarmax bulk carriers ordered by SCI with Jiangsu Eastern Heavy Industries Co. Ltd., China.

Pensacola

Posted to Maritime Musings (by Dennis Bryant) on December 9, 2011

Pensacola is the westernmost city in Florida, nearly extending into Alabama. It is the homeport for a number of fishing vessels and small passenger vessels. One of its claims to fame is that it is the site of the first European settlement in…

Proposed USCG STCW Regulations Impact Maritime Security

Posted to Maritime Transportation Security News and Views (by John C.W. Bennett) on September 29, 2011

Proposed US Coast Guard regulations to implement the STCW Convention will, if adopted, have both direct and indirect impacts on maritime transportation security programs. That said, implementation of the maritime-security-specific STCW amendments…

Not much to look forward to this year for oversupplied carriers

Posted to Far East Maritime (by Greg Knowler) on April 29, 2011

The first quarter results have been coming in over the last month and they are a mixed bag of good, bad and ugly. Good would be China’s Cosco Shipping, a subsidiary of the country’s largest shipping firm China Ocean Shipping (Group) Co, which announced a 150 percent increase in net profit.

Rotterdam and Mumbai agree for mutual cooperation

Posted to Rotterdam and Mumbai agree to mutually cooperate (by Joseph Fonseca) on February 16, 2011

Yet another port has been positioned to serve as the European gateway for shipments to and from Mumbai. This time on 10 February the representatives of the city port of Rotterdam visited Mumbai and met those of the city port of Mumbai and resolved…

Carriers warn Vale's big bulkers will dampen rates

Posted to Far East Maritime (by Greg Knowler) on December 9, 2010

The dry bulk shipping business is going through a tough time. It is an incredible 80 percent down on the market peak in May 2008, and rates have led carrier operators on a wild and volatile ride ever since. The industry is currently oversupplied with bulk carriers…

Strategic Local FPSO Builders Chosen

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on November 15, 2010

There was still a need for a tender process to select which local company would be responsible for the construction process of the first 8 FPSOs to be built from a total of 40 FPSOs originally calculated to be needed for the pre-salt development.

Limitation of Liability Act of 1851

Posted to Maritime Musings (by Dennis Bryant) on July 6, 2010

The Limitation of Liability Act, now located at 46 U.S. Code sections 30501-30512, was adopted to provide shipowners a measure of protection if their ships were to cause injury or damage to others in cases where the shipowners have no privity or knowledge relative to the cause of the incident.

Singapore slick an inevitable consequence of being Asia’s gas station

Posted to Far East Maritime (by Greg Knowler) on May 25, 2010

If your port is at the confluence of the busiest sea lanes in the world, if it is the world’s largest refuelling port and the biggest oil storage centre in Asia, there is a lot of crude and bunker fuel floating around. So when there is an accident at sea…

Two Container Terminals set to take shape at JNPT

Posted to Two Container Terminals set to take shape at JNPT (by Joseph Fonseca) on February 1, 2010

Jawaharlal Nehru Port (JNPT) the biggest container port in India handling 60% containers traffic of the country is set to shore up its capacity. With the Cabinet Committee on Infrastructure (CCI) having given its approval last week the port…