China’s top eight container ports have witnessed a drop of 19.8% in February but throughput has started to pick up since last week. It was evident that Coronavirus will have a major impact on the container throughput in China, and as expected China’s eight hub ports reported a decline of 19.8% in February. A break down of figures for individual Chinese ports in February is not yet available.
In terms of port volumes, there has been positive signs because the country’s factories have started to get back to work after an extended break after Chinese New Year in an effort to bring the spread of coronavirus under control
The US Deputy National Security Advisor Matt Pottinger has announced the expansion of the Indo-Pacific construct to now also include the eastern coast of the African continent at the Raisina Dialogue early this year. Given India’s westward interests the centrality of the Gulf in India’s energy security, the region as a major source of migrant worker remittances, and planned connectivity projects with like-minded partners such as Japan, this recalibration of the American conception (“stretching from California to Kilimanjaro”) stood as a belated recognition of the strategic importance of the North-Western Indian Ocean region.
Moreover, the US’ decision to now align its conception with India’s, underscores the centrality of the latter in the former’s calculus over the Indo-Pacific region. Although the American courtship of India as a strategic partner has been
The tanker market has seen fluctuation during the first month of 2020. The latest monthly report issues by OPEC recently stated that the dirty tanker freight rates in January had seen a disparity in coast movement since September, this time giving back almost half the gains made in the previous month. However, the market remained optimistic in the first-month of 2020 and the rates remained around 50% higher than the same month last year.
The recently spread deadly Coronavirus has seen temporarily affected the tanker market especially at the end of January 2020 disrupting trade with China, the world’s largest crude importer, and is certain to weigh on rates in February. Seasonal factors are also a reason in the decline.
The Union Cabinet approved the Model Memorandum of Understanding (MoU) for unilateral and bilateral recognition of Certificates, in accordance to Regulation 1/10 of International Convention on Standards of Training, Certification, and Watchkeeping (STCW) for Seafarers, 1978. It will be signed between the Directorate General of Shipping, GoI and its counterparts in foreign countries after the approval of Minister-in-charge of Shipping and the Minister of External Affairs (MEA).
The MoU will facilitate unilateral recognition by another country of the certificates issued by the Directorate General of Shipping to Indian seafarers. It will not seek similar recognition by India of the certificates issued by that country. Under this MoU
German shipping giants Hapag-Lloyd has secured a space charter agreement with the members of the 2M Alliance – Maersk and Mediterranean Shipping Company (MSC).
The space charter agreement will commence in March 2020 giving the German carrier access to certain 2M services in the Asia-Europe trade. “The addition of these services will enable Hapag-Lloyd to offer an even higher frequency of weekly departures and more routing options as well as to directly serve additional ports with high schedule reliability,” the company said.
AIn order to expand its presence in the global markets, Bahri has achieved the global leader in the field Logistics and transportation and await another milestone in its path by strengthening its shipping lines through the multi-use general and heavy cargo carrier, “Jeddah Marine”, which set out on its first flights to two of the leading ports in India.
The carrier had arrived for the first time at the Kamaragar port in Ennor and the Chennai International Station in the port of Chennai on December 26 and 28, 2019
APM Terminals Mumbai reached a new milestone and is the busiest container terminal handling facility in India. It has handled more than 2 million teu in 2019, the second year in a row. It remains the only Indian container terminal to date to have achieved this record in a calendar year.
Over the past year the terminal has continued to merit attaention on working in collaboration with customers, including shipping lines, cargo owners, Container Freight Stations (CFS) and transporters, to achieve higher efficiency levels. Initiatives such as the CFS Vehicle Booking System and a new digital Customer Service Portal are said to have boosted customer satisfaction.
Korean shipping company Hyundai Merchant Marine (HMM) is set to join the elite club of megaship owners in a few months. It will introduce the largest container vessels of the world in April. These mega-ships will be deployed on the company’s Asia-Europe services.
The ships are undergoing final touches at the Korean shipyards Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME).
Bimco has announced the appointment of David Loosley as the shipping association’s new ceo and secretary general with effect from June 2020. Mr. Loosley joins from the Institute of Marine Engineering Science & Technology (IMarEST) where he has successfully led for the last eight years.
“We are delighted to have found a successor who can continue to build on the excellent work carried out by Angus Frew in positioning Bimco as the world’s largest international shipping association. David has outstanding communications skills and is a proven leader of an international shipping-related business,”
India is looking at a USD 250 billion maritime economy by 2024, which the Indian Coast Guard (ICG) has the responsibility to safeguard, Defense Secretary Ajay Kumar said on January 12. India's exclusive economic zone in the seas along its 7,500-kilometre coastline comprises over 2 million square kilometers, he said.
"With a target of becoming a USD 5 trillion economy by 2024, we are looking at over USD 250 billion coming from the maritime zone."It is this USD 250 billion economy that the ICG has the responsibility to protect and safeguard," Kumar said after commissioning coast guard ships 'ICGS Amrit Kaur' and 'ICGS Annie Besant' which will be deployed along the eastern coast.
The price of very low-sulfur fuel oil has increased in recent months, a sign of increasing worry there is not enough of the fuel to comply with new global shipping laws that took effect this year, market participants said.
Very low-sulfur fuel oil (VLSFO) has already started to dominate at levels comparable to marine gasoil, a type of diesel fuel used by tankers. That is an indication that refineries may need to increase production of VLSFO as tankers shift from dirtier, high-sulfur fuel to a cleaner product to comply with International Maritime Organization regulations designed to reduce smog.
The Indian Navy has deployed warships in the Gulf region to ensure security of India's sea-borne trade and effectively respond to any emergent situation in the wake of fast escalating tension between the US and Iran, officials said on 8, Jan.
The warships, aircraft were stationed to establish presence, provide a sense of reassurance to the Indian merchant men and monitor the ongoing situation and respond to any emergent crises,
Essel Group's Jalesh Cruises owned by Subhash Chandra, sailed its first ship Karnika on April 17 last year and is planning to introduce a second vessel by October 2020 following a ginormous demand for cruise tourism in India.
"We witnessed huge demand since Karnika sailed from Mumbai on April 17, 2019. We are witnessing huge growth in bookings. In this calendar year we expect minimum 35-40 per cent growth in bookings from last year,"
Maersk Tankers has set in motion a new standalone digital business aimed at reducing carbon dioxide (CO2) emissions and optimizing vessels’ earnings across the tramp shipping sector.
The yet to be named business will develop and sell the software product SimBunker to vessel owners and managers in the tramp shipping industry. According to Maersk, SimBunker optimizes vessels’ bunker spend, which can account for up to 60% of the total voyage costs, by determining
In a distinctive event, a four-day jewellery exhibition will be held on `Karnika’, the luxury cruise from January 6. It is lauded as the `first-ever jewellery exhibition in the world to be held on a cruise ship’, the event is part of the Mumbai Port Trust and Indian Ports Association’s bid to promote cruise tourism and attract cruise ships and tourists.
The world's largest floating wind turbine has been installed off the coast of Portugal and connected to the grid, which is now supplying up to 8.4 MW to Portuguese customers. The second platform for the new site has reached its final phase and the third will be ready soon.
Adani Group's port developing arm Adani Ports and Special Economic Zone (APSEZ) on January 3rd said, it will acquire 75 per cent stake in Krishnapatnam Port Company (KPCL) in a cash deal that values the port at Rs 13,500 crore. The acquisition of nearly 75 per cent stake from the existing shareholders of KPCL will accelerate APSEZ's pace towards 400 MMT by 2025, the company said in a statement.
On January 2, Greece, Cyprus and Israel signed a landmark agreement to build the EastMed pipeline - a subsea natural gas line under the Mediterranean that will link the three nations' markets. This accord is bound to create new tensions between Greece and Turkey as Ankara says EastMed project cannot proceed without its consent.
The estimated €6bn EastMed pipeline project will link Cyprus and Israel’s offshore gas reserves to mainland Greece and Italy, bypasses Turkey and aims at providing an estimated 10 per cent of Europe’s natural gas. Benjamin Netanyahu, Israel’s prime minister, Kyriakos Mitsotakis, the Greek prime minister, and Nicos Anastasiades, the Cypriot president, signed the deal on Thursday, 2 January.
Hyundai Samho Heavy Industries which is a part of South Korea’s Hyundai Heavy Industries (HHI) Group, has received two new orders that have a exorbitant combined worth of KRW 323.7 billion (USD 280.2 million).
European short-sea and feeder ship operators are challenging initiatives by the International Transport Workers’ Federation (ITF) to redefine container lashing as a cargo handling activity in order to bring it under the control of unionized Dockers.
Russian and Ukrainian companies signed a final five-year agreement safeguarding Russian gas transit to Europe via Ukraine, Kremlin-controlled gas giant Gazprom and Ukrainian President Volodymyr Zelenskiy, said.
The Norwegian University and Leading marine technology entrepreneurs of Science and Technology (NTNU) have joined forces to set up a new company to build ‘emission-free marine mobility solutions'.
Mitsubishi Shipbuilding, a Mitsubishi Heavy Industries Group company, has signed a contract with Mitsui O.S.K. Lines (MOL) to build Japan’s first two LNG-fueled ferries. The contract is being finalized a month after MOL expressed its intention to order the ships.
Owing to ratification of the new legislation, India eyes to garner at least 60 per cent of the global ship recycling business and emerge as a prime centre for recycling warships and other ships, according to Union Minister Mansukh Mandaviya.
Damen Shipyards Group has appointed Arnout Damen as the new CEO, succeeding René Berkvens, who held the position for more than 13 years. Arnout Damen is the oldest son of Damen Shipyards Group Chairman Kommer Damen, and will join as the CEO of the shipbuilding group on January 1, 2020. At the same time, the group will switch to a divisional structure.
Arnout Damen has been preparing for the move to CEO for many years. Over the past nine years, he has been a member of the group’s Executive Board, responsible for operations and commercial affairs.“We are extremely indebted to René for his commitment as our company’s top executive,”
Littoral Cruise India 2019, was held at Hotel Taj Mahal, Mumbai and was a grand success with a star studded participation from stake holders of Cruise Line industries including International leaders.
'Littoral Cruise India 2019’,was the fifth seminar conducted by Littoral Communications in this year. It was held on the 20th December and was graced by the presence of eminent leaders and members of the Cruise Line Industry.
The event commenced with the welcome speech deliberated by Mr. Raja Vaiz, Managing Director of Littoral Communications. While welcoming the speakers and the delegates, Mr. Vaiz elucidated the importance of the seminar and explained about Littoral’s past seminars and the company’s seven forthcoming events for the coming year.
The Mazagon Dock Shipbuilders, owned by the state has received markets regulator Sebi's go-ahead to float an initial public offering (IPO). The public sector undertaking had filed draft papers with the Securities and Exchange Board of India (SEBI) in August seeking its clearance to launch an IPO and obtained its "observations" on December 13, according to the latest updates. SEBI’s observations are significant for any company to debut public issues like IPO, follow-on public offer (FPO) and rights issue.
Retired Indian Naval Ship (INS) Viraat remained unsold at a recent e-auction. The e-auction was followed by the Navy’s decision to sell the oldest aircraft carrier as scrap and plans to convert the iconic ship into maritime museum-cum-marine adventure centre, but could not find any takers.
At the Trade meet held at Gugugram Haryana, PSA’s Bharat Mumbai Container Terminals and Gateway Rail Freight Limited (GRFL) have launched a block train service between Mumbai and GRFL’s Inland Container Depot (ICD) network in North India, including sites at Gabri-Harvard, Ludhiana, Piyala and Viramgam.
Japanese shipping major Mitsui O.S.K. Lines has collaborated up with compatriot shipping solutions provider e5 Lab. Inc. to conduct a joint study of a hybrid pure car carrier equipped with a hydrogen fuel cell system and large-capacity batteries. The companies aim to develop a hydrogen hybrid PCC, which do not emit carbon dioxide (CO2), sulfur oxides (SOx), nitrogen oxides (NOx), or particulate matter (PM) while underway in coastal waters or in ports, in other words, achieving “zero emissions,” since its propulsive force would come from electricity supplied by the hydrogen fuel cell system and large-capacity batteries. While navigating in the open sea, the hydrogen hybrid PCC’s motor would be powered by an LNG-fueled generator and the large-capacity batteries, resulting in comparative lower emissions than current vessels equipped with diesel engines that run on heavy oil.
In a one on one conversation with the Honorable Shri Mansukh Mandaviya, the Union Minister of state for Shipping, extended his wishes for the success of the forthcoming seminar and the most important event of the year Littoral Cruise India 2019.
The seminar focuses on the cruise industry in India and its multifaceted aspects, which is the current stir in the maritime industry. The programme also includes eminent speakers from diverse backgrounds with expert domain knowledge. The event will be graced by the talks deliberated by Mr. Gautam Dey, Sr Deputy Traffic Manager, Mumbai Port Trust, Capt Ashwin B Solanki, Chief Nautical Officer, Gujarat Maritime Board, Jurgen Bailom, President and CEO, Zen Cruises Private Limited ESSEL
JSW Infrastructure has promulgated the commissioning of its new iron ore terminal at Paradip Port in Odisha. It possesses a capacity to handle up to 18 million tons of cargo per annum. The facility features 370m of berth line, offers a capacity of 18 million tons a year and has been constructed to handle Capesize bulk carriers transporting iron ore and pellet exports. The terminal can load these vessels at a rate of 100,000 tons a day. Built at an investment of Rs 750 crore, the company will operate the terminal for the next 30-years as part of its build, operate, and transfer agreement with the Paradip Port Trust, the infrastructure arm of the JSW Group said in a statement.
According to a recent research issued by Mumbai’s Tata Institute of Social Sciences (TISS), there has been little improvement in working conditions at the ship breaking yards in Alang-Sosiya (ASSBY), India.
Kawasaki Heavy Industries of Japan introduced on 11 Dec. in Kobe works shipyard, the world's first marine carrier that transports liquefied hydrogen , using technology that will immensely expand cargo capacity of the green energy source. The vessel which is named Suiso Frontier, is due for completion in late 2020 and will be equipped with a 1,250 cubic meters of liquefied hydrogen cooled to minus 253°C. At that temperature, hydrogen shrinks to just 1/800 of its original gas-state. A liquefied hydrogen unloading terminal is being built in Kobe City, Hyogo Prefecture, and a brown coal gasification facility is being constructed in Australia.
On 9 Nov, Rajya Sabha passed the Ships Recycling Bill, ensuring safe and environmental friendly recycling of ships in the country. The Bill, passed by the Lok Sabha , will make for India’s accession to the Hong Kong Convention that enlists environmentally sound conditions for ship recycling. “The Bill will ensure global standards for environmentally-friendly recycling of Ships and ensure adequate safety of the yard workers, will also boost employment and business opportunities, shipping minister Mansukh Mandaviya said, adding that more global ships to enter into Indian shipyards for recycling, which will boost employment and create business opportunities.
Recently, China State Shipbuilding Corporation (CSSC) merged with China Shipbuilding Industry Corp (CSIC) to became the world’s largest shipbuilder. It has now entered into a new strategic partnership with classification society DNV GL. The framework agreement covers pivotal areas such as alternative fuels and environmentally friendly technologies, new vessel designs to meet the IMO’s greenhouse gas targets, digitalization and cyber security.
In order to provide rigorous punishment including the death penalty or life imprisonment, to those involved in piracy at sea was introduced in Lok Sabha on 9 Dec. The introduction of the bill comes days after some 18 Indians aboard a crude oil carrier were kidnapped off the coast of Nigeria. The Anti-Maritime Piracy Bill 2019 aims at promoting the safety and security of India’s maritime trade, and the safety of its crew members. A text of the bill available on the Lok Sabha website said the government’s aim in drafting the proposed legislation was to keep up with India’s commitment to the United Nations Convention on the Law of the Sea (UNCLOS), which concluded in 1982. India had ratified the UNCLOS in 1995.
The Goan shipping industry partners have joined hands to form the Goa Maritime Cluster, which aims at pooling of resources in manufacturing an all inclusive maritime facility. This will cater to design, manufacture and allied services for the shipping industry. This idea was seeded by Dr. Malini Shanker and progressed under the leadership of Shri Amitabh Kumar , DG shipping India.
This facility will be one of its kind; the first maritime cluster in India. This initiative is supported by the Directorate General of shipping. Expressing his views to Littoral wind in an exchange; the director of Mandovi Drydocks Atrey Swant said, "Formation of maritime clusters will give a boost to the shipbuilding industry in Goa. It will help the shipbuilders to build vessels faster, with better efficiency and quality. It will also help to develop the ancillary industry which is the key to success of shipbuilding and ship repairs."
Cruise & Maritime Voyages today confirmed the purchase of the Pacific Dawn and Pacific Aria from Carnival Corporation. With this acquisition of two new ships the British based cruise operator Cruise & Maritime Voyages (CMV) has its fleet increased to eight ships in 2021. CMV is set to take delivery of P&O Australia’s Pacific Dawn and Pacific Aria in Singapore in March and May 2021 respectively, increasing lower bed fleet capacity to 9,000 berths and passenger capacity by 30% in 2021.
Allcargo Logistics on Dec 5, declared it is acquiring a controlling stake in express logistics company Gati for Rs 416 crores. Allcargo Logistics rose 1.33% to Rs 95.40 while Gati fell 2.20% to Rs 64.55 after Gati offloaded a striking equity stake to Allcargo Logistics.
As part of the deal, Allcargo will buy up to 1,03,85,332 equity shares at ₹75 per share from some of the existing members of the Promoter and Promoter Group of Gati – Mahendra Kumar Agarwal, Mahendra Investment Advisors Pvt Ltd and TCI Finance Ltd (TCI), and Gati. The all-cash deal will see the company eventually acquiring about 45% in Gati through a direct purchase of the promoters’ stake and a subsequent open offer. It values the company at about Rs 1,000 crore.
The Assembly of the International Maritime Organization (IMO) has confirmed the renewal of Kitack Lim’s appointment as Secretary-General of IMO. He has been reelected for a second four-year period beginning on January 1, 2020. Kitack Lim is the eighth elected Secretary-General of the United Nations (UN) maritime agency.
Lim was born in South Korea. He majored in nautical science at the Korea Maritime and Ocean University, graduating in 1977. He worked on ships as a Korean naval officer and for an international shipping company. He joined the Korea Maritime and Port Administration in 1985, while continuing with further studies at the Graduate School of Administration,
The Road Transport, Highways and Shipping Minister Nitin Gadkari recently laid the foundation stone for construction of a passenger jetty at Kanhoji Angre Island in the presence of Heavy Industries & Public Enterprises Minister Anant Geete and Maharashtra Chief Minister Devendra Fadnavis.
The project is being implemented by the Mumbai Port Trust (Mbpt) and was initiated by the former union minister of state for shipping; Milind Deora. "The Mumbai Port Trust will invest Rs 47 crore to develop the Kanhoji Angre Lighthouse as a tourist destination," Gadkari said. He added that, Rs 17 crore will be spent for building a jetty, while the balance will go towards tourist facilities on the island, which will include restaurants, camp sites, accommodation rooms and up gradation of the fort.
Navy day is celebrated in India on the 4th of December every year, to commemorate the achievements of the Indian Navy. The date of 4th December is observed to mark operation Trident that took place in 1971. Several nations observe navy day at various dates aiming at recognition of their navy.
The importance of this day and the date lies in the history of the Indian navy. In the year 1971, Indo-Pakistan war took place- operation Trident, when India launched an attack on the Pakistan harbor. This was the first instance when an anti- ship missile was used in the operation.
Geir Johan Bakke has departed from his post as chief executive of Norwegian shipbuilder and designer Havyard Group, after being associated to the company for 18 years. Gunnar Larsen has been selected by the board as interim chief executive and will immediately begin recruiting a permanent chief executive.
Bakke joined Havyard in 2001 and has served as its CEO since 2014. During the tenure served, Bakke has overseen the growth of the company from a standalone shipyard to a fully integrated shipbuilding group with design, shipyards and equipment production, and nearly 600 permanent employees, along with an volume of over NOK 4300 million.
Short-sea operator Unifeeder has acquired a whopping 77% stake in The Feedertech Group, a Singapore-based feeder and short sea operator, while the remaining 23% will be retained by the chairman of the group, Ali Maghami.
With Feedertech and its subsidiary, Perma, Unifeeder now has the capability to offer feedering and regional short sea connectivity in Europe, the Mediterranean, North Africa, Asia, the Middle East, and the Indian Subcontinent. It also enables opportunities in the fast-growing coastal short-sea trade on the Indian Subcontinent, complementing the existing India logistics strategy of DP World. The group was established in the year 2003 and operates two companies; Feedertech, which is a feedering service and Perma, a regional short sea network. Both operate in the same market and connect the fast-growing trade route of Asia-Middle East via the Indian Subcontinent.
India's Re-election at IMO Opens Avenues; Littoral Wind Exclusive Colloquy with Amitabh Kumar, DG Shipping
At the recent IMO council held, India has been re-elected to the Council of the International Maritime Organization under the category B that represents nations with the largest interests in international sea borne trade.
In an exclusive colloquy with Amitabh Kumar I.R.S. Director General shipping , also present at the event expressed his perspective on India being re -elected with second highest votes. "IMO in the next two years will be regulating on several important arenas like autonomous vessels, cyber security, risk assessment, cleaning of oceans , reduction on the single use plastic so on and so forth. They would also be regulating on latest technology including new battery technology, alternative fuel sources etc. It is now important that India not only participates in such meetings but also takes into account the concerns of the lesser developed and developing nations. we would be using this opportunity to firstly;
In order to escape their sponsor, 9 fishermen took an arduous journey via sea from Yemen and reached Kochi on 29 November. This journey was made possible due to timely intervention of the Indian Coast Guard. The Coast Guard rescued the fishermen who fled Yemen in a fishing vessel after being harassed by their sponsor in the Middle East nation, a Defence spokesman said on Friday.
The two fisherman who belong to Kerala and seven from Tamil Nadu, undertook a perilous journey of around 3,000 kilometers in the open and sometimes rough sea in a fishing vessel they stole from their sponsor. Their voyage lasted for ten days in a vessel not equipped for crossing the sea and the entire episode is quite heroic. They fled to escape their sponsor who had employed them to work on their mechanized fishing trawler, but was followed by an year of mistreatment and pittance of pay. They reported, to have been denied basic amenities like food, shelter etc.
Kerala State Inland Navigation Corporation's deluxe mini-cruise named "Sagara Rani" will take you as far as 12 kilometers into the Arabian Sea, serving you cuppa and snacks enroute. The daily cruise leaves the Marine Drive in Kochi each day, offers an unlimited vista for two hours at an affordable cost of Rs. 350.
This initiative is a common man's dream come true to enjoy the sunset, brushed with the sea breeze and a hot cup of tea/coffee. It enables everyone to enjoy the cruise experience without burning a hole in the pocket! Sagara Rani has two decks. The upper deck can accommodate 90 passengers. The crew is equipped to arrange for additional seating with the help of plastic chairs; in case more passengers turn up. The lower deck is designed with a small restaurant for a quick snack while glancing at the surging waves and also a conference hall and two restrooms.
The Cabinet Committee on Economic Affairs (CCEA) is envisaged to have given its approval for additional investment of $2,670 million by Bharat Petro Resources Ltd (BRPL), a wholly-owned subsidiary of Bharat Petroleum Corporation Ltd (BPCL), for a LNG project in Mozambique.
The cabinet committee which had met on Nov, 27 is also said to have given the green signal for additional equity investment of ₹10,000 crore by BPCL into the equity share capital of BRPL. There was however, no official communication on the decision by the government as of now.
In a rather queer turn of events, Libya’s internationally recognized government and Turkey have signed an agreement on maritime boundaries in the Mediterranean Sea that has potential to complicate Ankara’s disputes over energy exploration with other countries.
The agreement was signed at a meeting in Istanbul on Nov,27 between the Turkish President Tayyip Erdogan and Fayez al-Serraj, the head of the Tripoli-based government which Ankara is backing against a rival military force based in eastern Libya. Turkey announced the vouchsafe and a deal on expanded security and military cooperation on Nov,28. No further details of their memorandum of understanding were released and no specifications were provided of where Turkish and Libyan waters meet.
Russia is planning to dispatch its first floating nuclear power station- Akademik Lomonosov, on a 4,000-mile journey along the Northern Sea Route. This will be a milestone for the country’s growing use of nuclear power and its plans for Arctic expansion, despite environmental concerns.
Shipping through Russia’s remote arctic artery, the Northern Sea Route, has increased by 63 percent over last year’s figures, signaling a major uptick in fossil fuel exports from Siberia’s icy polar coast. At present, shipping tonnage via the route is poised to reach 30 million tons by the end of this year and up from the 20 million tons reported in 2018. Most of the cargo is from the Yamal LNG project and oil fields run by Russia’s state hydrocarbon giant Gazprom. Coal also figures heavily in the new statistics.
In an inexplicable incident the relatives of a Second Officer of mega container ship THALASSA PATRIS are trying to find out the 24-year old. Vladislav Maslov boarded the ship in Singapore on Nov 18, the ship left Singapore on Nov 19, according to Mediterranean Services 2(MD) schedule, ETA Suez Dec 2.
He was declared missing at around 2000 UTC Nov 22, when the ship was sailing in the Indian ocean E of Colombo, Sri Lanka. His family was unable to contact him since Nov 22 while the company contacted the relatives at around 0800 UTC Nov 23. The seaman’s sister Eugenia in her statement reported that the ship kept sailing and didn’t interrupt her voyage and there was no SAR.
China on 26 November, formally established China Shipbuilding Group, which the country’s government-run broadcaster described as the world’s largest shipbuilder group. It is the result of the merger between China’s two leading shipbuilding companies China Shipbuilding Industry Company (CSIC) and China State Shipbuilding Corporation (CSSC).
The announcement of the establishment was reported by China Central Television (CCTV), after last month at Beijing the approved merger of the country’s two largest shipbuilders, China State Shipbuilding Corp and China Shipbuilding Industry Co was held.
Japanese shipping giant Nippon Yusen Kaisha (NYK) has signed a memorandum of understanding with the unit of Indonesian state-owned oil and gas company Pertamina’s unit, Pertamina International Shipping, for energy transportation.
The agreement will focus on meeting energy demand in Indonesia, NYK Lines said, which has 32.1mn t/yr of LNG export capacity across three projects. Pertamina holds a majority stake in the country's 22.5mn t/yr Bontang liquefaction facility. NYK said in its statement that the demand for energy transportation, especially liquefied natural gas (LNG), is expected to increase in Indonesia. In order to address this demand, Pertamina, the largest oil and natural gas corporation in the state, and NYK have agreed to collaborate.
RightShip; a Maritime risk management organization has urged operators of vessels of over 8,000 dwt to confirm their compliant fuel choices and ship implementation plans in a new compliance assessment.
This initiative is taken to support improved industry management of risk and safety ahead of the implementation of the 2020 Sulphur Cap. Information gathered will be displayed on a per-vessel basis in RightShip’s vetting platform Qi, improving the accessibility of compliance pathway data for owners and charterers and helping the industry to manage new safety risks arising from the Sulphur Cap.
Archaeologists from the Norwegian Institute for Cultural Heritage Research (NIKU) have uncovered a grave with a difference just yards from Edøy church on Edøya island in western Norway using cutting edge Georadar technology.
The 65-foot-long ship was covered over more than 1,000 years ago to serve as the final resting place of a prominent Viking king or queen. This discovery makes it one of the largest Viking ship graves ever found.
As opposed with the previous discoveries at Gjellestad, Norway in 2018, the remains of the ship are located just below the surface within what was once a burial mound. In the radar imaging, the mound appears as a circle about 60 feet wide. In the middle of the mound, archaeologists detected a 43-foot-long-keel, and hints of the first two strakes of hull planking are visible on each side.
Mitsui O.S.K. Lines, Ltd. and its allied company Ferry Sunflower Limited unraveled plans to construct the first two LNG-fueled ferries With a total length of 199.9m, each ship will have the capacity to carry a total of 763 passengers. The ferries will be able to cruise at a speed of 22.5k. Ferry Sunflower will charter the vessels and deploy them on its Osaka-Beppu route from the end of 2022 through the first half of 2023.They will be equipped with dual-fuel engines. The use of LNG fuel will help achieve better environmental performance, reducing carbon dioxide (CO2) emissions by 20% compared to current vessels, and virtually eliminating sulfur oxides emissions, MOL explained.
ECU Worldwide, a wholly-owned European auxiliary of Allcargo Logistics has acquired controlling stakes in Hong Kong based PAK DA (HK) Logistics Ltd and Singapore-based Spechem Supply Chain Management (Asia) Pte Ltd for an undisclosed amount, a top company executive said.
“These acquisitions are key to ECU Worldwide gaining strategic leverage and expanding its LCL (less than container load, a mode of shipping where a container may carry multiple shipments) outreach in the Asia-Pacific region,” Shashi Kiran Shetty, chairman at ECU Worldwide and Allcargo, said. The Hong Kong acquisition will help the company gain access to 50 export trade lanes and 20 import services, the company said in a statement. The Singapore entity provides dangerous goods warehousing capabilities, which serves as an additional benefit. Together the companies aim at expansion in vital trade routes.
The European Commission has articulated that it is set to extend liner shipping’s consortia exemption from its antitrust regulations, concluding that it is "still adequate".
The Consortia Block Exemption Regulation, the de facto legislation covering liner alliances and vessel-sharing agreements (VSAs) on container trades to and from Europe, was set to expire April 25, 2020.
However, the EU on Nov. 20 declared that, subject to a four-week “feedback period” running until Dec. 18, it favored extending BER for four years. The news was welcomed by liner shipping lobby group and the World Shipping Council.
The Cabinet Committee of Economic Affairs (CCEA) reported disinvestment of five major PSUs including Shipping corporation of India. At times of Economic downturn also in the shipping industry globally, this may not be an appropriate time to disinvest , reports Sabyasachi Hajara.
In conversation with the former SCI chairman, he expressed his thoughts on the decision for disinvestment. 'As government being shareholders , it is their prerogative to decide and no one can intervene that. The Shipping corporation of India has acted as a lifeline in times of crisis and war and aided to national issues. No other private stakeholder has ever done that'. ' I doubt the equal importance that will be given by any private organization in any national crisis as SCI has done in the past'.
The Port of Hamburg, Germany’s largest universal port; wrapped up the first three quarters of this year with a container throughput of 7 million TEUs, representing a growth of 6.9 percent.
After an initially modest start at the beginning of the year, container throughput picked up during the second half, achieving a 1.0 percent advance over twelve months to 8.9 million TEU. At 91.7 million tons, total containerized cargo volume rose by 1.2 percent. The increase is primarily attributable to the four new transatlantic services and four new Baltic feeder services.
The cabinet committee on economic affairs (CCEA) approved India’s accession to the Hong Kong Convention on Hong Kong International Convention for Ship Recycling, which will enable a boost to the ship-wrecking industry in India.
"By this accession to the Hong Kong International convention, we are bringing in global best practices and we are not becoming a backyard of all rejected ships, but on the contrary scientifically dealing with ship recycling," Sitharaman said.
Adani Ports' Results in Higher Profit Than Estimates
The fastest growing port within the group was Dhamra, on the eastern coast, which registered a growth rate of 46%. Kattupalli, to the south, achieved a 17% increase, while the western ports of Hazira and Mundra increased cargo flows by 7% and 5% respectively. The company’s network of ports and Net profit rose 74 percent year-on-year to Rs 1,054 crore in the second quarter, according to the company’s exchange filing. Its revenue rose 8.17 percent over last year to Rs 2,821 crore—in line with the Rs 2,788-crore estimate. Other income grew 61 percent to Rs 505.74 crore.
World cup fans will be enthralled as Qatar has signed an agreement with MSC Cruises to charter two ships to accommodate fans during the FIFA World Cup Qatar 2022.
The two ships, with a combined capacity of nearly 4,000 cabins will act as floating hotels during the tournament. They will be berthed at Doha Port. These vessels are LNG fuelled, which is the most environment friendly fuel currently available in the maritime shipping industry. This in turn shall keep the fuel emissions at bay, while the ships are berthed. Apart from the floating hotels, the accomodation options varies to apartments, hotels and fan villages.
A week after the surpring exit of Maersk's COO, Soren Toft; Mediterranean Shipping Co (MSC) confimred the joining of Toft as the new CEO. He will look after the containers and logistics operations.
“MSC is confident that this appointment will bring significant value to its cargo businesses, building on the company’s existing strengths and boosting its development plans even further,” the company said in a statement.
Toft is joining the family owned company to assist the Aponte family and will be reporting directly to Diego Aponte, group president, and Gianluigi Aponte, founder and group chairman. This is seen as a pivotal move by the family to appoint an outside professional to look after the container and logistics businness.
New Mangalore port welcomed the second vessel of the cruise season; Costa Victoria the Italian flag cruise vessel. There were 1928 passengers and 766 crew members on board. The cruise season began on Novermber 4 with the arrival of Aida Vita.
New Mangalore Port Trust is the first in the country to embark on the Heli-tourism services. “Given the present road conditions and the distance to these places, heli-tourism was the best option for international tourists to get a glimpse of Karnataka. Any aviation company with DGCA certification can provide the service and NMPT would facilitate their operation. For the next cruise vessel calling on November 12, there were 16 confirmed bookings,” Mr. Ramana, Chairman of NMPtold reporters here.
The International Maritime Organization’s (IMO) environmental work group assembled in London for its annual conference this week and the delegates are being urged to consider new regulations to reduce ship speeds. Short term proposals are being considered for the reduction of emissions. According to new research from environmental groups Seas at Risk and Transport & Environment, cutting ships speeds by 10%-20% could produce 13%-24% less CO2, SOx and NOx emissions, respectively. Seas are at risk with air pollution effecting human health and nature and noise pollution affecting marine life.
Oil-rich Abu Dhabi plans to begin a commodities exchange to propose trading in the emirate’s first crude futures contract by next year. The platform will be based in Abu Dhabi’s financial district and operated by Intercontinental Exchange Inc, according to people with knowledge of the situation. Atlanta-based ICE will be the majority owner, with Abu Dhabi National Oil Co. and several European and Asian oil companies and traders taking minority stakes, the people said, asking not to be identified because the information isn’t public as of now.
Media officials for ICE and government-run Adnoc declined to comment.
MSC Isabella, one of the new ships from MSC’s Gülsün-Class of container vessels fleet, made its maiden call at the Port of Singapore on 10 November 2019. This is the largest container ship to ever to call at Singapore. The ultra large container vessel (ULCV) is one of the eleven new ships from Mediterranean Shipping Company’s (MSC) Gülsün-class of box ships. The Gülsün-Class is currently the world’s largest series of containerships. The ship measures around 400 meters long and 61 meters wide, the ship can carry up to 24 rows of containers,
The NGO Ship breaking Platform said in its quarterly update, the unsafe ship breaking yards on South Asian beaches have claimed the lives of 19 workers so far this year. A total of 122 ships were broken in the third quarter of 2019. Out of these, 73 ships were sold to the beaches of South Asia for dirty and dangerous breaking. Between July and September, eleven workers lost their lives and twenty were severely injured when breaking ships in Bangladesh and India. So far this year, the Platform has recorded 19 deaths and 30 severe injuries in South Asia.
The largest shipping company’s of the world announces the sudden departure of its 45-year-old EVP and chief operating officer Søren Toft. This news was released on 11 November, Maersk said that Toft "has decided to pursue an opportunity outside of the company and will leave effective today."
The world’s first hybrid electric-powered expedition ship MS Roald Amudsen is the latest member to join the Hurtigruten; world leader in exploration travel fleet. It is named after the man to cross Antartica and reach the South Pole. The Christening of the ship was done in Chiriguano Bay on Barbant Island, Antartica by polar pioneer and godmother Karin Strand in.
Most of the people have a vague idea about shipping industry in India. Very few people actually know that 90 % of the cargo in the world moves through the sea’, said Mr. Ashish Kumar in the seminar conducted by Littoral communications. This seminar was commenced on the 25th of October on the topic of Littoral Reefer Cargo India 2019. The Event was hosted at Hotel Taj Mahal Palace, Mumbai.
The most awaited time of the year in cruise tourism has arrived in the country. Costa Victoria, one of the enchanting ships of the Costa fleet, arrived at Mumbai, where she will be homeporting for the 4th Indian season of the very popular Italian brand. The cruise line has a very popular itinerary from India to Maldives. On lines with the deluxe Angriya Cruise that set sail last year from Mumbai to Goa, another ship to add to the premium luxury cruise line is by Zen Cruises, India’s Premiere Cruise Line and is set to launch its first brand Jalesh Cruises from Mumbai in April 2019.
The shipping ministry is not opposed to strategic divestment of the Shipping Corporation of India Ltd., a top official said. The shipping ministry in 2017 had opposed the proposal of the strategic divestment of SCI, but has now agreed on the prospect of the group of secretaries for dilution of stake in the SCI, the official said.
From 4-5 April, over 350 participants from more than 70 countries around the globe gathered at the World Maritime University (WMU) for the WMU Empowering Women in the Maritime Community Conference. The aim of the event was to address the gender gap in the maritime, oceans, ports, fishing and related industries. The conference was held in Jeddah, Saudi Arabia and was themed on”Sustainable Marine Development Towards 2030 and Beyond”.
The arrival of first cruise liner Italian flagged AIDAvita marked the beginning of the cruise season in Kerala on 5 Nov. The ship with 1,181 tourists and 406 crew members on board was docked at BTP berth, Kochi Port, around 8 am. The luxury liner began its journey from Dubai to Singapore on October 30.Before reaching Kochi, it was docked at Muscat, Goa and Mangaluru.
Global warming has taken an alarming turn of events yet again. The Union Environment Ministry confirmed the mortality of corals around India from increased bleaching. According to a 16-year study conducted (2003-2019) by the pan-India wildlife research body Bombay Natural History Society (BNHS) and Wildlife Institute of India (WII) it was recorded that coral reefs in the Lakshadweep Islands were not only undergoing recurring bleaching, but are at the risk of widespread mortality.
Korea is to soon join the league of leading countries, willing to adopt an eco friendly approach. Global pollution is a growing menace and even the oceans are not devoid of it. The global shipping enterprise has only acted as a catalyst. Looking at the current alarming pollution levels, the government of South Korea revealed its plans to convert the 140 state-owned vessels to run on environmentally friendly fuels by 2030.
Maersk is set to join forces with industry peers and customers to develop LEO, which is a blend of lignin and ethanol – that could be part of the future solution for sustainable shipping. Along with Maersk the other sectors to explore this opportunity are Wallenius Wilhelmsen, BMW Group, H&M Group, Levi Strauss & Co. and, Marks & Spencer.
Mansukh Mandaviya, the union minister of state for shipping, laid the foundation stone for the construction of a new jetty exclusive for liquid cargo. This jetty at JNPT will help in the increasing demands for liquid fuels in India.
Minister Mansukh Mandaviya present at the occasion said, "The Prime Minister Narendra Modi has laid focus on port-led development. Keeping this in view, India's ports are being developed and modernized in line with global best practices."
Prime Minister Narendra Modi is on a visit to Thailand to attend the ASEAN-India, East Asia and Regional Comprehensive Economic Partnership Summits (RCEP) in order to strengthen the regional cooperation in core areas like maritime security, trade and connectivity. This is Prime Minister Modi’s Seventh ASEAN –India Summit and sixth East Asia Summit. These ASEAN- related summits are integral events of the diplomatic calendar.
German chancellor, Angela Merkel visited Delhi on a two day visit to strength ties. India and Germany will fortify their bilateral and multilateral cooperation to combat terrorism, Prime Minister Narendra Modi said on Friday after holding extensive talks with German Chancellor Angela Merkel on enhancing ties in strategic areas, including defence, artificial intelligence and energy security. The talks lead to the two countries to ink 17 MoUs and agreements in various fields, including space, civil aviation, maritime technology, smart cities, medicine and education.
The ASEAN summit acted as the perfect opportunity for PM Modi to put forth the vision of naval expansion in the Indian Ocean region. The Prime Minister held separate bilateral meetings with the leaders of Myanmar, Indonesia and Thailand: all of them being strategically located as our neighbors. Maritime Security Cooperation was the major agenda of all the three meetings.
Fishermen raised apprehensions when they found dead fish washed ashore at Dona Paula. They suspected the reason to be a stranded ship and plausible leakage from the same. The officials visited the agitated fishermen and denied any oil leak from the ship. The stranded ship is a merchant naptha –loaded shipping tanker which was anchored at the Mormugao port and later drifted off on October 23 before getting washed ashore a few hundreds of meters off the coast near Cabo Raj Bhavan.
Wista International has over the years become a platform to encourage women in the maritime domain. Ms Despina Panayiotou Theodosiou, co-CEO of Tototheo Maritime, has been re-elected as the WISTA International President, during the association’s 39th Annual General Meeting held in the Cayman Islands on October 30, 2019, informed a release.
In a bid to enhance connectivity and utilize the potential of inland waterways, a cargo vessel will set sail from Pandu Ghat for the first time. The cargo container is carrying 53 TEU’s of consignment and is to sail through the Brahmaputra national waterway -2. The first time a container cargo vessel sailed in the country was last year on national waterway -1. Now the Northeast is taking a leap in the inland waterways through the Brahmapurta..
The Russian gas producer Novatek has signed MoU(s) with the H-Energy Global and Petronet LNG; Indian natural gas companies for the sale of Russian LNG. During Prime Minister Narendra Modi visit’s to Russia, an MOU was also signed between Novatek and India's Petronet LNG Limited on future natural gas cooperation including supplies for power generation and marketing of LNG as motor vehicle fuel. It includes joint investment in developing a network of filling stations and a fleet of LNG-fueled trucks.
Essar Ports, which operates four terminals on the east and west coasts of India, has achieved a astonishing growth rate in excess of 20% over the first half of the current financial year, handling 27.29 million tonnes of cargo in this period. The growth has been driven by a 183.21% increase in third- party cargo compared corresponding period in the previous financial year. By comparison cargo from captive in-house customers grew by 6%.
The Shipping Corporation of India on Wednesday reported narrowing of consolidated loss to Rs 40.91 crore for the quarter which ended on September 30, 2019. The company had posted a consolidated loss of Rs 124.51 crore in the year-ago period, according to a BSE filing.
Disney Cruise Line announced plans to build three additional cruise ships, each of them showcasing the immersive family entertainment, enchanting storytelling and unparalleled service that only Disney can deliver. The three additional LNG cruise ships are a result of the memorandum with the Meyer Werft shipyard in Germany.
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