Sailing Towards Record Profits, Maersk...

Sheila Fitzgerald / Shutterstock.com Sailing Towards Record Profits, Maersk Will Give $80 Million to Employees Bloomberg Total Views: 0...

Sailing Towards Record Profits, Maersk Will Give $80 Million to Employees
posted on: Dec 4, 2021

Oceangoing ships now at record...

Oceangoing ships now at record 80 Dwaipayan Barua Fri Dec 3, 2021 The Daily Star Representational image Bangladesh now...

Oceangoing ships now at record 80
posted on: Dec 4, 2021

Ctg port moves to make...

Port and Shipping Ctg port moves to make import delivery order paperless Dwaipayan Barua Fri Nov 26, 2021 On an...

Ctg port moves to make import delivery order paperless
posted on: Nov 27, 2021

Master of bulk carrier (Meghna...

Master of bulk carrier killed in his cabin by cook, in Indian ocean Posted in Accidents by Mikhail Voytenko on Nov 25, 2021...

Master of bulk carrier (Meghna Liberty) killed in his cabin by cook, in Indian ocean
posted on: Nov 26, 2021
Weekly Vessel Valuations Report, November 23 2021

Weekly Vessel Valuations Report, November 23 2021...

posted on: Nov 24, 2021

Weekly Vessel Valuations Report, November 23 2021 in Weekly Vessel Valuations Report 23/11/2021 Tanker:  MR & older age Tanker values have firmed. Suezmax Astro Perseus (159,100 DWT, Jan 2004, Hyundai Heavy Ind) sold to Middle Eastern buyers for USD 18.50 mil, VV value USD 17.04 mil – DD Due. MR2 Ocean Globe (50,300 DWT, Jan 2007, SLS) sold for USD 10.00 mil, VV value USD 9.83 mil – At Auction, SS/DD due. Small Clean Tanker Bardon (12,900 DWT, Mar 2006, Samho Tongyoung) sold for USD 6.00 mil, VV value USD 5.30 mil – SS/DD Passed, Scrubber fitted. Small Clean Tanker Mesabi (12,900 DWT, Apr 2006, Samho Tongyoung) sold for USD 6.00 mil, VV value USD 5.35 mil – SS/DD Passed, Scrubber fitted. Bulker:  Bulker values have softened. Supramax Bulk Orion (56,200 DWT, Sep 2011, Mitsui Ichihara) sold for USD 19.00 mil, VV value USD 20.62 mil – SS/DD Passed, BWTS fitted. Handy Bulkers...

Tanker Master’s Fatigue Cited in $73 Million Marine

Tanker Master’s Fatigue Cited in $73 Million Marine...

posted on: Nov 24, 2021

Credit: NTSB Tanker Master’s Fatigue Cited in $73 Million Marine Accident November 23, 2021 A tanker operating company’s decision to change masters without a handover period led to a $72.9 million marine accident off the coast of Louisiana, according to a National Transportation Safety Board Marine Accident Brief issued Tuesday. Marine Accident Brief 21/24 details the NTSB’s investigation of the October 17, 2020 accident, in which the tanker Atina struck the oil and gas production platform SP-57B near Pilottown, Louisiana. The Atina, with a crew of 21, was attempting to anchor in the Southwest Pass Fairway Anchorage in the Gulf of Mexico when it struck platform SP-57B. The platform’s four crewmembers and one technician evacuated to a nearby platform by helicopter after activating the emergency shutdown device to shut in wells to the SP-57B platform. No pollution or injuries were reported. Estimated damages to the platform ($72.3 million) and ship ($598,400) totaled...

Captain Kazi ABM Shameem, appointed as the Counsellor Maritime Affairs in the Bangladesh Embassy in London

Captain Kazi ABM Shameem, appointed as the Counsellor Maritime Affairs in the Bangladesh Embassy in London...

posted on: Nov 21, 2021

18 November 2021 Ministry of Public Administration, Government of Bangladesh, has appointed Captain Kazi ABM Shameem, Deputy Commandant of Bangladesh Marine Academy as the Counsellor Maritime Affairs in the Bangladesh Embassy in London, United Kingdom. By the order of the President of Bangladesh and signed by the Deputy Secretary of the Ministry of Public Administration, Mohammed Abul Kalam Azam announced...

Sweet homecoming to my dreamland – Bangladesh

Sweet homecoming to my dreamland – Bangladesh...

posted on: Nov 19, 2021

Sweet homecoming to my dreamland – Bangladesh By Captain Forkanul Quader (6N) 18 November 2021 (My story below is a factual one. It is in snap shots. I was not able to provide details due to paucity of time. I hope to share more in future) Snapshot 1 On 30th November 1971, I went to visit Iqbal Bhai (Mohammad Iqbal – a Marine Academy senior & fellow Chittagonian) to exchange views on rising political tension. Situation was very tense in Karachi when I visited Iqbal Bhai one day before bombing started. He was a fellow Bangali officer on a Baksh Line ship. We both talked and decided to see Capt. Nurul Haque (Pakistan Navy) at his resident in Nazemabad. He and his wife were known as common `Dula Bhai & Apa’ to all Bangladeshi seafaring officers. After a fabulous, mouth-watering dinner we sat down with Dula Bhai and raised...

IMO Council Election 2021-BANGLADESH solicits your support

IMO Council Election 2021-BANGLADESH solicits your support...

posted on: Nov 14, 2021

An appeal by Obaid Bashir 32E Re: IMO Council Election 2021-BANGLADESH solicits your support Dear Mariners, As you may be aware, Bangladesh will seek election in category C to the Council of the IMO at the 32nd session of the IMO Assembly. The election will take place from December 6 to 15, 2021, under the requirements of Article 17 (b) of the IMO Convention. Being a South Asian Bay of Bengal littoral maritime nation committed to ensuring international maritime safety, security, and environmental protection. Membership of the IMO council will allow Bangladesh to play its leadership role in securing the interests of the member states through its long-standing experience in international maritime governance. IMO Council members will be elected under three categories as follow: • Category (a) 10 States with the largest interest in providing international shipping services;• Category (b) 10 States with the largest interest in international seaborne...

Deep sea port: From Payra to Matarbari

Deep sea port: From Payra to Matarbari

posted on: Nov 13, 2021

Deep sea port: From Payra to Matarbari Prothom AloArifur Rahman 13 Nov 2021  Foreign cargo vessels arrive at the Matarbari power plant port channelProthom Alo Trying to balance international politics, the government has been switching the prospective site for a deep sea port from Sonadia in Cox’s Bazar to Payra in Patuakhali and then to Matarbari. A few billion taka has already been spent on preparing for the port at Payra. But now Payra and Sonadia have been dropped, and now finally the government has decided to construct the deep sea port at Matarbari in Cox’s Bazar. Concerned government officials have said a port is presently under construction at Matarbari. The port is being constructed for the import of coal and equipment for the 1200MW coal-fired power plant there. The port is now to be expanded further and to be made into a deep sea port. This will entail an...

HOW LONDON BECAME A HUB OF FINANCIAL SERVICES

HOW LONDON BECAME A HUB OF FINANCIAL SERVICES

posted on: Nov 12, 2021

HOW LONDON BECAME A HUB OF FINANCIAL SERVICES by  F R Chowdhury     12 November 2021 Banking and insurance play vital role in economic development of any country. International trade, commerce and industry could not develop and function without the key role of banking and insurance. We can understand how banking developed because it provides the facility to make collective investment in viable projects. But it seems nobody is certain as to how insurance came into this world. However, most people now believe that insurance originated from the needs of the shipping world. In early days when there was still no acceptable currency, trade was done on barter exchange. In other words traders used to exchange goods according to supply and demand. Those days the ship-owner was the trader as he would collect goods and go to another land for profitable exchange. As he makes money and become rich, he...

GOA MARITIME CONCLAVE – 2021

GOA MARITIME CONCLAVE – 2021

posted on: Nov 12, 2021

GOA MARITIME CONCLAVE – 2021 foreignpolicywatchdog.com 08 NOV 2021 by PIB Delhi The third edition of Goa Maritime Conclave (GMC) – 2021 is being hosted by the Indian Navy from 07 to 09 November 2021 under the aegis of Naval War College, Goa. The theme for this year’s edition of GMC is “Maritime Security and Emerging Non-Traditional Threats: A Case for Proactive Role for IOR Navies”, which has been derived keeping in mind the necessity of ‘winning everyday peace’ in the maritime domain. At the GMC 2021, Indian Navy is hosting Chiefs of Navies/ Heads of Maritime Forces from 12 Indian Ocean Region countries comprising Bangladesh, Comoros, Indonesia, Madagascar, Malaysia, Maldives, Mauritius, Myanmar, Seychelles, Singapore, Sri Lanka and Thailand. Vice Admiral AK Chawla, Flag Officer Commanding-in-Chief, Southern Naval Command delivered the welcome address by highlighting the importance of the maritime domain and Indian Navy’s commitment towards ensuring safety, security, and...

Smaller Ports Pitch for Cargo as California’s Logjams Swell

Smaller Ports Pitch for Cargo as California’s Logjams Swell...

posted on: Nov 8, 2021

Smaller Ports Pitch for Cargo as California’s Logjams Swell An Ocean Network Express (ONE) containership at the Port of Oakland. Credit: Sheila Fitzgerald / Shutterstock.com Smaller Ports Pitch for Cargo as California’s Logjams Swell Bloomberg Total Views: 1234 November 5, 2021 By Augusta Saraiva (Bloomberg) — The U.S.’s busiest port complex in southern California has more demand than it can handle — and that’s left smaller hubs along the nation’s coastline angling for some of that business. After dealing with supply-chain issues of its own over the summer, California’s Port of Oakland is now ready “to be put to use to help shore up” the crisis, its Maritime Director Bryan Brandes said last month. Over in Florida, Governor Ron DeSantis has pitched the state’s 15 seaports as the relief the U.S. needs, saying local harbors “are used to operating around the clock.” And in Texas, Governor Greg Abbott launched an “Escape California”...

Largest container ship: The Ever Ace sets world record

Largest container ship: The Ever Ace sets world record...

posted on: Nov 2, 2021

Largest container ship: The Ever Ace sets world record Google TranslateFacebookTwitterPinterestTumblrWordPressFlipboardRedditMore3BloggerWhatsAppMessengerMyspaceSkypeTelegramGmailEmailYahoo MailPrintPrintFriendlyPinboard Cristian Nita | World Record Academy • Sep 18, 2021  ROTTERDAM, Netherlands–The Ever Ace container ship, an Evergreen A-class, owned by the Taiwanese shipping company Evergreen Marine, is a 400m-long (1,300ft) ship with a capacity for 23,992 standard containers, the new world record for the Largest container ship, according to the WORLD RECORD ACADEMY.Photo above: Largest container ship: The Ever Ace sets world record. Photo by Kniesti/FleetMon, taken in Maasvlakte, Rotterdam, NL. The Ever Ace is the first in a planned series of 12 supersized container ships to be built for Evergreen Marine. This is up from the 20,124 cargo units that the Ever Given, which is an Evergreen G-class ship, can carry. The 400m-long (1,300ft) ship has a capacity for 23,992 standard containers, which is slightly more than similar-sized vessels, the BBC reports. The Ever Ace is the first in a planned series...

A day in life of a Container Ship in Middle of the Ocean

A day in life of a Container Ship in Middle of the Ocean...

posted on: Nov 1, 2021

A day in life of a Container Ship in Middle of the...

How the Supply Chain Broke, and Why It Won’t Be Fixed Anytime Soon

How the Supply Chain Broke, and Why It Won’t Be Fixed Anytime Soon...

posted on: Oct 24, 2021

The New York Times How the Supply Chain Broke, and Why It Won’t Be Fixed Anytime Soon Confession: We didn’t even have a logistics beat before the pandemic. Now we do. Here’s what we’ve learned about the global supply chain disruption. Container ships docked at the Port of Los Angeles last week. The cost of moving cargo has shot up.Credit…Erin Schaff/The New York Times By Peter S. GoodmanOct. 22, 2021 Computer chips. Exercise equipment. Breakfast cereal. By now, you’ve probably heard: The world has run short of a great many products. In an era in which we’ve become accustomed to clicking and waiting for whatever we desire to arrive at our doors, we have experienced the shock of not being able to buy toilet paper, having to wait months for curtains and needing to compromise on the color of our new cars. Of far greater importance, we have suffered...

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