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Friday, June 18, 2021

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.

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…

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…

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.