First Photos of Damaged Iranian...

First Photos of Damaged Iranian Tanker Released Khorram Tahmasbi  / Twitter By The Maritime Executive 2019-10-14 Iranian state news...

posted on: Oct 15, 2019

Maritime terrorism in Asia: An...

Maritime terrorism in Asia: An assessment | ORF Maritime terrorism in Asia: An assessment | ORF Occasional Papers Oct...

Maritime terrorism in Asia: An assessment | ORF Maritime terrorism in Asia: An assessment
posted on: Oct 15, 2019

Cyprus’ contribution to the changing...

Cyprus’ contribution to the changing ship finance landscape in International Shipping News 15/10/2019 The ship finance landscape has changed...

Cyprus’ contribution to the changing ship finance landscape
posted on: Oct 15, 2019

Weekly Vessel Valuations Report, October...

Weekly Vessel Valuations Report, October 08 2019 in Weekly Vessel Valuations Report 08/10/2019 Tanker: Mid-age VLCC and Suezmax values...

Weekly Vessel Valuations Report, October 08 2019
posted on: Oct 15, 2019
Banchero Costa Weekly Market Report, Week 41 2019

Banchero Costa Weekly Market Report, Week 41 2019...

posted on: Oct 15, 2019

Banchero Costa Weekly Market Report, Week 41 2019 in Weekly Shipbrokers Reports 15/10/2019 Quite a positive week for Capesize with rates improving on main trades and the 5TC average that gained almost $3,000/d. Brazil-China gained Download PDF Source: banchero costa &c...

Bangladesh Gives India Greenlight to Install Surveillance Radar System

Bangladesh Gives India Greenlight to Install Surveillance Radar System...

posted on: Oct 13, 2019

Bangladesh Gives India Greenlight to Install Surveillance Radar System Kamran Reza Chowdhury  Dhaka   2019-10-07   Benar News Indian Prime Minister Narendra Modi watches his Bangladeshi counterpart, Sheikh Hasina, as she waves to the media before their meeting in New Delhi, Oct. 5, 2019.  AP  Bangladesh will allow India to install surveillance radar along its coast on the Bay of Bengal, leaders of the two nations said during Prime Minister Sheikh Hasina’s weekend trip to New Delhi. Hasina and her Indian counterpart, Narendra Modi, announced in a joint statement Saturday that their governments had “signed, exchanged, adopted and handed over” a memorandum of understanding for the installation of a coastal surveillance system. “Both Prime Ministers welcomed the initiatives for development of closer Maritime Security Partnership, and noted the progress made in finalization of an MoU on [the] Establishment of [a] Coastal Surveillance Radar System in Bangladesh,” the six-page statement said. The...

The Navies of India and Bangladesh will participate for the first time in a bilateral exercise at Visakhapatnam from October 12 to 19.

The Navies of India and Bangladesh will participate for the first time in a bilateral exercise at Visakhapatnam from October 12 to 19....

posted on: Oct 13, 2019

The Navies of India and Bangladesh will participate for the first time in a bilateral exercise at Visakhapatnam from October 12 to 19. প্রথমবারের মত দ্বিপাক্ষিক প্রশিক্ষণ মহড়ায় অংশ গ্রহণ করছে বাংলাদেশ নেভী এবং ইন্ডিয়ান নেভী। আজ থেকে শুরু হয়ে এই মহড়া চলবে ১৯ই অক্টোবর পর্যন্ত। ইতোমধ্যেই বাংলাদেশ নৌবাহিনীর দুটি যুদ্ধ জাহাজ TYPE053H2 মিসাইল ফ্রিগেট “বিএনএস আলী হায়দার” এবং TYPE-056 সেমি স্টেলথ মিসাইল কর্ভেট “বিএনএস স্বাধীনতা” ভারতে বিশাখাপতন্মে গমন করেছে। জাহাজ দুটি মুলত গিয়েছিল ইন্দো-বাংলা দ্বিতীয় কোঅরডিনেট পেট্রোল CORPAT-2019 এ অংশ নিতে। যেখানে বাংলাদেশের সাথে যোগ দিয়েছে ইন্ডিয়ান নেভীর ডেসট্রয়ার INS- RANVIJAY এবং তাদের নিজ দেশে তৈরী মিসাইল কর্ভেট INS- KUTHAR। আমরা এর আগে জানিয়েছিলাম যে ইন্দো-বাংলা নেভাল এক্সারসাইজ এবং CORPAT-19 এক সাথেই অনুষ্ঠিত হবে। সেভাবেই কর্মপন্থা নির্ধারণ হয়েছে। CORPAT-19 এ মুলত সমুদ্র সীমানায় জয়েন্ট পেট্রোলিং এর মধ্যে সীমাবদ্ধ থাকলেও, যৌথ প্রশিক্ষণ মহড়ায় দুদেশের নৌবাহিনী আরো বিভিন্ন নেভাল ড্রিলে অংশ নিবে। এছাড়া এবারের যৌথ প্রশিক্ষণ মহড়ায় ইন্ডিয়ান নেভীর স্পেশাল...

Gwadar port officially opens for commercial shipping

Gwadar port officially opens for commercial shipping...

posted on: Oct 13, 2019

Gwadar port officially opens for commercial shipping Pakistan’s Gwadar Port, a key part of the China-Pakistan Economic Corridor, has officially opened for commercial shipping and is expecting its first vessel this month OCT 11, 2019 South Asia Monitor Pakistan’s Gwadar Port, a key part of the China-Pakistan Economic Corridor, has officially opened for commercial shipping and is expecting its first vessel this month. The announcement was made by Pakistan’s sub-Committee of the Senate Standing on Maritime Affairs, which was attended by senators and senior officials from the Ministry of Maritime Affairs and the Gwadar Port Authority. Also on the agenda was the issue of IT connectivity for the Port, and it was announced that Pakistan Telecommunications Company Ltd (PCTL), the national telecom company, will replace the current radio software with fibre-optic connectivity to increase efficiency. The sub-Committee also concluded that the main competitors to Gwadar would be the major...

Fuel Lightering Continues for Grounded Ro/Ro Golden Ray

Fuel Lightering Continues for Grounded Ro/Ro Golden Ray...

posted on: Oct 12, 2019

Fuel Lightering Continues for Grounded Ro/Ro Golden Ray Response crew sprays sphagnum moss sorbent onto oil-contaminated marshland, October 8 (USCG) By The Maritime Executive 2019-10-11 After a pause earlier this week due to weather, on-water response work has resumed at the site of the grounded ro/ro Golden Ray, according to the U.S. Coast Guard. As of Thursday, lightering operations had removed about 220,000 gallons of fuel from the ship, roughly two-thirds of the total believed aboard at the time the ship went aground. On shore, response teams have sprayed powdered sphagnum moss along the south shore of the Brunswick River in order to absorb spilled fuel and prevent it from spreading in marshy areas. Additional response teams are patrolling the beaches to recover any tar balls which may have come ashore. According to local conservation organization Altamaha Riverkeeper, about six miles of shoreline in the St. Simons Sound have been...

Oil Spilled in Red Sea After Attack on Iranian Tanker

Oil Spilled in Red Sea After Attack on Iranian Tanker...

posted on: Oct 12, 2019

Oil Spilled in Red Sea After Attack on Iranian Tanker Image courtesy NIOC By The Maritime Executive 2019-10-11 Contradictory reports emerged Friday of an attack on an Iranian tanker in the Red Sea, identified as either the Sabiti or the Sinopa. NASA satellite imagery of the incident site reveals a linear discoloration consistent with oil emanating from a moving vessel, and AIS tracking indicates that Sabiti navigated a parallel route. Early on Friday morning, National Iranian Oil Company director Nasrallah Sardashti reported that the tanker Sabiti suffered damage to two oil tanks on the starboard side while transiting off the Saudi port of Jeddah. The attack involved two explosions on the tanker’s starboard side at 0500 and 0520 hours, according to the National Iranian Tanker Company (NITC).  Sardashti told Iranian media that the situation aboard the vessel is stable and that the crew are unharmed. An unknown quantity of...

Asia Oil Buyers Grapple with Rising Costs as Tanker Rates Surge

Asia Oil Buyers Grapple with Rising Costs as Tanker Rates Surge...

posted on: Oct 11, 2019

Asia Oil Buyers Grapple with Rising Costs as Tanker Rates Surge October 11, 2019 by Reuters Photo: Shutterstock/Montenegro By Nidhi Verma and Chen Aizhu NEW DELHI/SINGAPORE, Oct 11 (Reuters) – Asian oil refiners are grappling with a jump in global freight rates that shows no sign of abating, driving up costs of crude imports from all regions in the fourth quarter, industry officials said. The cost of shipping crude from the Americas, Europe, Africa and the Middle East to Asia has surged over the past two weeks as companies shunned nearly 300 tankers on fears of violating sanctions against OPEC members Iran and Venezuela. Higher freight rates and a jump in crude premiums after the Saudi oil attacks in mid-September have so far added about $3 a barrel to November-lifting oil cargoes from the Middle East to China, trade and shipping sources said. Oil tanker freight rates are expected to keep...

Seafarers significantly concerned over criminalisation

Seafarers significantly concerned over criminalisation...

posted on: Oct 11, 2019

Seafarers significantly concerned over criminalisation – SAFETY4SEA Credit: Shutterstock Nautilus International heard the results of the Nautilus Federation report regarding criminalization in the shipping industry. The results show that approximately 90% of the seafarers questioned, expressed concerns about the issue, while two thirds said it impacted the way they felt about working in the profession. Seafarers | 10/10/19 Nautilus surveyed a total of of 612 seafarers, who stated that they did not feel safe from criminalization anywhere in the world. This is a change from the 2010 survey, when member concerns centred around Northern America, Europe and Africa. Crime comes in many forms, from piracy or robbery while a vessel is at anchor, to the withholding of wages by unscrupulous operators and theft of personal goods. In addition, pollution is also becoming more and more important for seafarers. In fact, it was identified as the biggest issue that respondents believed they could be...

Iran oil tanker on fire after blasts, hit by 2 missiles off Saudi Arabia coast: Reports

Iran oil tanker on fire after blasts, hit by 2 missiles off Saudi Arabia coast: Reports...

posted on: Oct 11, 2019

Iran oil tanker on fire after blasts, hit by 2 missiles off Saudi Arabia coast: Reports The explosion reportedly hit the National Iranian Tanker Company (NITC) tanker’s hull, causing heavy damages to the vessel’s two main reservoirs, resulting in an oil spill in the Red Sea. SNS Web | New Delhi | October 11, 2019 The Statesman (Photo: Twitter/@Frolencewalters) A massive fire broke out at an Iranian oil tanker after an explosion occured on Friday near the Saudi port city of Jeddah, resulting in an oil spill in the Red Sea, according to Iranian state TV. “Two missiles hit the Iran-owned ship near the Jeddah port city of Saudi Arabia,” TV said, quoting the National Iranian Oil Company (NIOC). The explosion reportedly hit the National Iranian Tanker Company (NITC) tanker’s hull, causing heavy damages to the vessel’s two main reservoirs, which caused the oil...

World Mental Health Day: Mindfulness for the Maritime Industry

World Mental Health Day: Mindfulness for the Maritime Industry...

posted on: Oct 10, 2019

World Mental Health Day: Mindfulness for the Maritime Industry – Human Rights At Sea World Mental Health Day: Mindfulness for the Maritime Industry 10th October 2019 Press Release 10th October 2019 Every 40 seconds, someone loses their life to suicide. London, UK.  The 10th October is World Mental Health Day with this year’s focus being on suicide prevention. #WorldSuicidePreventionDay. Today, Human Rights at Sea in partnership with author and mental health coach, Gillian Higgins, publishes a briefing note: ‘Mindfulness for the Maritime Industry’. A report earlier this year identified that seafarers are amongst occupational groups with the highest risk of stress, a factor known to impact on mental health including the tragedy of seafarer suicide which has been highlighted as the ‘top cause of seafarer deaths’. This has further driven the development of a number of maritime industry programmes, educational courses and advocacy drives aimed at addressing and raising...

World Mental Health Day: Suicide of seafarers in the spotlight

World Mental Health Day: Suicide of seafarers in the spotlight...

posted on: Oct 10, 2019

World Mental Health Day: Suicide of seafarers in the spotlight – SAFETY4SEA 10 October 2019 Above image is used for illustration purposes only World Mental Health Day: Suicide of seafarers in the spotlight Every 40 seconds, someone in the world loses their life to suicide, a figure which could justify a global interest in a greater awareness on mental health issues. On the occasion of the World Mental Health Day 2019 celebrated today, the World Health Organization sheds a focus on suicide prevention, an issue which seems to be gaining more attention in the maritime world, in light of a recent study indicating that 5.9% of all deaths at sea were proven suicides. Maritime Health | 10/10/19 The World Health Organisation recognizes World Mental Health Day on October 10th every year, with the overall objective of raising awareness of mental health issues around the world and mobilizing efforts in...

Cosco Shipping woos forwarders as it clarifies end-to-end strategy

Cosco Shipping woos forwarders as it clarifies end-to-end strategy...

posted on: Oct 10, 2019

Cosco Shipping woos forwarders as it clarifies end-to-end strategy :: Lloyd’s List The best way to create an end-to-end transport operation in liner shipping is not to pursue a strategy of integrating ocean transport companies with the wider logistics chain, argues the Chinese state giant’s container shipping head Wang Haimin. He tells the TPM Asia conference that business chiefs need to stop deluding themsleves that removing intermediaries equates to producing an improvement in service 09 Oct 2019 Cichen Shen Cosco Shipping thinks the idea that a few big fish can go about removing all the smaller players that currently occupy the logistics chain is a wholly misguided ambition. Instead, it thinks the logistics industry needs more openness and co-operation about the way it works in order to improve service to customers Wang: There are some in the shipping industry who misguidedly think it is a healthy ambition to remove...

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