Robbers Briefly Hold Tanker’s Crew...

The Ance (file image courtesy LSC) By The Maritime Executive 2019-09-20 Earlier this week, a group of armed pirates...

Robbers Briefly Hold Tanker’s Crew Hostage off Port of Conakry
posted on: Sep 21, 2019

Runaway Barges Strike Bridge Over...

Traffic stranded on the I-10 due to flooding (Jefferson County Sheriff’s Office) By The Maritime Executive 2019-09-20 As flooding...

Runaway Barges Strike Bridge Over San Jacinto River
posted on: Sep 21, 2019

Protection Vessels International: Weekly Maritime...

Protection Vessels International: Weekly Maritime Security Report in Piracy and Security News 21/09/2019 Congo: Robbers board merchant vessel at...

Protection Vessels International: Weekly Maritime Security Report
posted on: Sep 20, 2019

New ITF report on “Maritime...

New ITF report on “Maritime subsidies”: FEPORT calls for more transparency and a review of the Maritime State Aid...

New  ITF report on “Maritime subsidies”: FEPORT calls for more transparency  and a review of the Maritime State Aid Guidelines to achieve it
posted on: Sep 20, 2019
OIL & GAS: OUR PRECIOUS RESOURCES

OIL & GAS: OUR PRECIOUS RESOURCES

posted on: Sep 20, 2019

OIL & GAS: OUR PRECIOUS RESOURCES F R Chowdhury 20 September 2019 A few days back I wrote an article about Marine Academy in which I mentioned that our future is closely linked with sea. Thanks God, our government realized the matter and took every possible action to ensure that we get our due share of sea that the international convention UNCLOS-82 (UN Convention on the Laws of the Seas – 1982) provides for. Sea provides the scope for building up merchant marine, sea-fishing, exploration of oil, gas and other minerals. Perhaps one day it may provide opportunity for power generation without harming the environment. I still remember how the late President Ziaur Rahman had taken politicians, civil servants; teachers and students to sea to get them familiarized with sea and explained them about importance of sea. It was on former pilgrim ship “Hizbul Bahr” commanded by Capt. Rashid...

Historic disruption to Saudi oil supply to have severe implications for oil and tanker markets

Historic disruption to Saudi oil supply to have severe implications for oil and tanker markets...

posted on: Sep 19, 2019

Historic disruption to Saudi oil supply to have severe implications for oil and tanker markets in International Shipping News 20/09/2019 Global spare production capacity is not enough to compensate for the decline in Saudi Arabia’s oil production after the recent attacks on two of the country’s oil facilities and the consequent inventory drawdown will therefore underpin oil prices and adversely affect tanker demand if supplies take longer to be restored. The oil market lost about 6% of global supply in the biggest single disruption ever, when drone strikes on two critical oil facilities in Saudi Arabia knocked reduced oil production in the Kingdom by about 5.7 mbpd on 14 September. The explosions set off fires at the Abqaiq oil processing facility (7.0 mbpd capacity) and the nearby Khurais oil field (1.5 mbpd capacity), halting more than 50% of the country’s production. While Yemen’s Houthi group claimed responsibility for the attack, the...

Maritime Cyprus: Blue Growth Strategy Underway in Cyprus, as 4.5% of the World’s Fleet is Managed By the Country

Maritime Cyprus: Blue Growth Strategy Underway in Cyprus, as 4.5% of the World’s Fleet is Managed By the Country...

posted on: Sep 19, 2019

Maritime Cyprus: Blue Growth Strategy Underway in Cyprus, as 4.5% of the World’s Fleet is Managed By the Country 20/09/2019 Decarbonisation, technological transformation, increasing regulation and the tough markets of recent years are all increasing the complexity of the current business environment and challenging the effectiveness of traditional business models. With all this change affecting every aspect of our work from the strategic to the day-to-day, it is often difficult to gauge the extent and nature of change needed on the inside, in order to effectively deal with change coming in from the outside. Yet with change comes opportunity. The potential of blue growth is immense, and the opportunities for companies that effectively use technological advancement are many. Here at the Cyprus’ Shipping Deputy Ministry, we are committed to a blue growth strategy to support sustainable growth in the marine and maritime sectors as a whole. To achieve this,...

Ships Aren’t Being Scrapped With Enough Pace

Ships Aren’t Being Scrapped With Enough Pace...

posted on: Sep 19, 2019

Ships Aren’t Being Scrapped With Enough Pace in Hellenic Shipping News 20/09/2019 The activity in the ships’ recycling market has been lacklustre for a series of months now, in direct correlation with the rebound in freight rates. As a result things are starting to shift when it comes to market fundamentals, with tonnage supply showing early signs of a rebound. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with September now in full swing, many felt that this was the time that we would experience a pickup in activity, after the summer lull witnessed, however, this has yet to materialize and we now feel that any turn around in sentiment and tonnage supply may only be seen late October or early November post Diwali festivities). This has resulted in a very stale market with no real change from the previous weeks in pricing and, more importantly, demand from...

মেঘনা গ্রুপের জালিয়াতি: একই জাহাজ দুইবার কিনে ১০০ কোটি টাকা পাচার

মেঘনা গ্রুপের জালিয়াতি: একই জাহাজ দুইবার কিনে ১০০ কোটি টাকা পাচার...

posted on: Sep 18, 2019

মেঘনা গ্রুপের জালিয়াতি একই জাহাজ দুইবার কিনে ১০০ কোটি টাকা পাচার নিজস্ব প্রতিবেদক, চট্টগ্রাম    ১৮ সেপ্টেম্বর, ২০১৯ ০০:০০ বিদেশে টাকা পাচার করতে একটি জাহাজ দুবার কিনেছে মেঘনা গ্রুপ। খোলা পণ্যবাহী বড় জাহাজটির নাম ‘ওশান প্যারাডাইজ’, যেটি নামবদল হয়ে এখন ‘মেঘনা প্যারাডাইজ’। জাহাজটি এখন মেঘনা গ্রুপের হয়ে পৃথিবীর বিভিন্ন দেশ থেকে পণ্য আনা-নেওয়া করছে। একই জাহাজ দুবার কেনাবেচার মাধ্যমে অন্তত ১০০ কোটি টাকা পাচার করার অভিযোগ পাওয়া গেছে। মেঘনা গ্রুপের নতুন কারখানা সুগার রিফাইনারির মেশিনারিজ আমদানির মাধ্যমে এই টাকা পাচার করা হয়েছে বলে জানা গেছে। জানা গেছে, ‘ওশান প্যারাডাইজ’ জাহাজটি প্রশান্ত মহাসাগরে অবস্থিত মার্শাল আইল্যান্ড দেশের পতাকাবাহী অর্থাৎ মার্শাল আইল্যান্ড থেকে নিবন্ধিত  হয়ে বিভিন্ন দেশে পণ্য পরিবহন করছিল। জাহাজটি তৈরি হয়েছে ২০০৬ সালে জাপানের ইমবারি শিপ বিল্ডিং কম্পানিতে। ১২ বছর চলার পর পুরনো এই জাহাজ ২০১৮ সালের জানুয়ারি মাসে কিনে নেন মেঘনা গ্রুপের মালিক মোস্তফা কামালের একমাত্র সন্তান তানভীর আহমেদ মোস্তফা। বিদেশে ইমপেরিয়াল ট্রেডিং কম্পানি লিমিটেডের নামে একটি প্রতিষ্ঠান...

Australian port control detained second bulk carrier for wage theft

Australian port control detained second bulk carrier for wage theft...

posted on: Sep 17, 2019

Australian port control detained second bulk carrier for wage theft September 16, 2019 MV Xing Jing Hai. Credit: SCHWARZ, MALTE The International Transport Workers’ Federation (ITF) tipped off the Australian Maritime Safety Authority (AMSA) on Wednesday morning, 11 September, that crew on board the Hong Kong-flagged MV Xing Jing Hai bulk carrier in the port of Brisbane had been underpaid. “Surveyors boarded the ship today [11 September] to investigate the allegations,” AMSA reported. AMSA surveyors interviewed the crew and reviewed documentation to determine whether they were being paid in accordance with their Seafarers’ Employment Agreements (SEA) as required under the Maritime Labour Convention (MLC). They confirmed the crew had not been paid their wages for two months, amounting to about USD51,000. This is the second case this week of MLC breaches in Australian waters. The Panamanian-flagged bulk carrier MV Fortune Genius is still under detention at the Port of...

Ocean Viking assigned a Place of Safety in Lampedusa Italy

Ocean Viking assigned a Place of Safety in Lampedusa Italy...

posted on: Sep 17, 2019

Ocean Viking assigned a Place of Safety in Lampedusa Italy 15th September 2019 Press Release 15th September 2019 London, UK. [Reproduced from SOS MEDITERRANEE] The Ocean Viking receives instruction to disembark the 82 rescued people in Lampedusa, Italy. First humanitarian search and rescue ship authorized to proceed to an Italian Place of Safety in 14 months. Paris, Marseille, September 14, 2019. On Saturday, September 14, the Ocean Viking was informed by the Maritime Rescue Coordination Centre (MRCC) Rome that a place of safety had been assigned to disembark the 82 survivors that were rescued in the Central Mediterranean in two operations. They will be safely disembarked in Lampedusa and resettled into several states of the European Union. SOS MEDITERRANEE, which chartered the Ocean Viking in partnership with Médecins sans Frontières (MSF), expresses its relief that a place of safety has been assigned by Italian authorities six days after the first rescue occured....

Weekly Vessel Valuations Report, September 17 2019

Weekly Vessel Valuations Report, September 17 2019...

posted on: Sep 17, 2019

Weekly Vessel Valuations Report, September 17 2019 in Weekly Vessel Valuations Report 17/09/2019 Tanker: Tanker values have remained stable. MR2 Ceylon (46,000 DWT, Aug 2002, Shin Kurushima Ujina) sold to Seven Islands Shipping for USD 7.70 mil, VV value USD 7.36 mil. MR2 Astral Express (45,800 DWT, Dec 2002, Minami Nippon) sold to Indian buyers for USD 8.25 mil, VV value USD 7.61 mil. Bulker: Bulker Values have remained stable. Capesize bulkers Corsier and Celigny (181,100 & 181,000 DWT, Feb & Apr 2016, Imabari) sold to JP Morgan Global Maritime in an en bloc deal for USD 85.00 mil, VV en bloc value USD 82.12 mil. Capesize Frontier Voyager (180,700 DWT, May 2012, Tsuneishi Cebu) sold to Seatankers Management for USD 25.85 mil, VV value USD 27.93 – DD Due. Supramax Nord Explorer (58,800 DWT, Jan 2009, Tsuneishi Cebu) sold to Greek buyers for USD 12.50 mil, VV value...

Smart marine cities: Is water the world’s new real estate?

Smart marine cities: Is water the world’s new real estate?...

posted on: Sep 17, 2019

Smart marine cities: Is water the world’s new real estate? in International Shipping News 17/09/2019 When Jason Pomeroy was a young boy, several formative experiences left a lasting impression on him and went on to play a role in his career choices. “A distinct memory is walking with my father when I was eight years old around St Paul’s Cathedral in London and whispering into the curvature of the wall and hearing my father whisper back,” says Pomeroy, who grew up in the UK with a Malaysian mother and an English father. “The question of how this could happen set me on the path to thinking about architecture,” says the award-winning architect, master planner, academic, author, and TV personality. The famous Whispering Gallery runs around the interior of the dome of St Paul’s Cathedral created by Sir Christopher Wren, the noted 18th-century English architect who was also an astronomer,...

Ship of horrors: life and death on the lawless high seas

Ship of horrors: life and death on the lawless high seas...

posted on: Sep 17, 2019

Photograph: AFP/Getty The long read Ship of horrors: life and death on the lawless high seas From bullying and sexual assault to squalid living conditions and forced labour, working at sea can be a grim business – and one deep-sea fishing fleet is particularly notorious. By Ian Urbina Thu 12 Sep 2019 The Guardian On the night of 14 August 2010, the captain of a South Korean trawler, the Oyang 70, left Port Chalmers, New Zealand, for what would be his final journey. The ship was bound for fishing grounds about 400 miles east in the southern Pacific Ocean. When it arrived three days later, the captain, a 42-year-old man named Shin Hyeon-gi, ordered his crew to cast the net over the vessel’s rusty stern. As the men worked furiously on the illuminated deck, the ship soon began hoisting in thousands of pounds of a lithe, slender fish called...

Drone Attack Threatens Global Oil Supplies

Drone Attack Threatens Global Oil Supplies

posted on: Sep 16, 2019

Drone Attack Threatens Global Oil Supplies file photo of Abqaiq oil plant courtesy of Saudi Aramco By The Maritime Executive 2019-09-15 A drone attack on two of Saudi Aramco’s oil facilities in Saudi Arabia on Saturday has threatened global oil supplies. Saudi Aramco emergency crews contained fires at its plants in Abqaiq and Khurais as a result of the terrorist attacks which have resulted in production suspension of 5.7 million barrels of crude oil per day. After visiting the incident locations, Amin H. Nasser, Saudi Aramco President & CEO, said: “We are gratified that there were no injuries. I would like to thank all teams that responded timely to the incidents and brought the situation under control. Work is underway to restore production.” Reuters reports a senior U.S. official indicating that the attacks came from the direction of Iran, although a Yemeni Houthi group has claimed responsibility. Iran has...

Global platform for seafarers

Global platform for seafarers

posted on: Sep 16, 2019

Global platform for seafarers Syed Aminul Hossain (BMA 42E) – email provides information about the Global Platform for the Seafarers. Honorable seniors, batch-mates and beloved juniors, Assalamualikum. I would like to take the opportunity to inform all Seafarers, Agencies and Shipping companies about our global platform for seafarers. Normally after every voyage a seafarer has to go or send email to every agency to give their updated CV, which is not only time consuming but also hesitating for young seafarers. For seafarer like me, being a senior officer with permanent contract in a reliable company may not to send the CV, but majority of the seafarers are on contractual services. An agent also has to collect all the latest data from seafarers by email and update their static database or an excel sheet manually again and again. A different way of doing the same thing is every seafarer maintains...

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