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Coronavirus May Lead to ‘Largest...
Coronavirus May Lead to ‘Largest Decline in Shipping Volumes in Living Memory’ March 23, 2020 by Reuters Photo: tcly...
Wallenius Wilhelmsen Mothballs Vessels, Cuts...
Wallenius Wilhelmsen Mothballs Vessels, Cuts Dividend March 23, 2020 by Reuters Photo Credit: ZEON/CC BY 3.0 OSLO, March 23...
VIDEO: THANK YOU To The Unseen Maritime Professionals On The Front Lines Of COVID-19...
posted on: Mar 25, 2020
VIDEO: THANK YOU To The Unseen Maritime Professionals On The Front Lines Of COVID-19 – gCaptain March 19, 2020 by John Konrad by Captain John Konrad (gCaptain) While gCaptain joins the majority of people working from home, Coast Guard, Navy, Tugboaters, Seafarers, facilities engineers, ferry captains, and millions of maritime professionals are at work on the front lines of this pandemic. Thank...
The life of a seafarer: the “invisible” workforce that keeps world trade moving....
posted on: Mar 24, 2020
Imagine a world if you can | ITF Global The life of a seafarer: the “invisible” workforce that keeps world trade moving. Ninety per cent of the world’s goods are transported by sea. On any given day, there are more than 1.6 million seafarers working onboard 70,000 vessels worldwide. These men and women are transporting cargo and goods essential to businesses and people’s everyday lives that will sustain communities through the coronavirus pandemic. Ships transport goods to the east, to the west, to the north and to the south – everything from food and household goods to raw material like oil, iron and ore, through to industrial goods like hospital equipment and ventilators. For a few minutes, we want you to consider the life and welfare of the workers, the seafarers onboard these vessels, who are far from home but on the front line of this global emergency. Imagine...
Container Carriers Brace for Coronavirus Hit to Trade...
posted on: Mar 20, 2020
Container Carriers Brace for Coronavirus Hit to Trade March 20, 2020 by Reuters Photo: By donvictorio / Shutterstock By Vera Eckert and Stine Jacobsen FRANKFURT/COPENHAGEN, March 20 (Reuters) – Leading container shipping firm A.P. Moller-Maersk scrapped its 2020 earnings forecast on Friday, while rival Hapag-Lloyd warned of slowing growth until at least June, as the coronavirus pandemic takes a heavy toll on global trade. The container shipping industry, a bellwether for international trade, has been blown off course by the new virus, which brought parts of China to a standstill before spreading around the world, leading container lines to re-route cargoes and reduce calls to Chinese ports. Despite lower volume growth, Maersk still expects to make higher first-quarter earnings than a year ago thanks to savings and steps to offset the higher cost of low-sulfur fuel, it said, sending its battered shares more than 7% higher by 1045 GMT. However, the Danish company,...
ICS and ITF Call on United Nations to Keep Ports Open, Facilitate Crew Changes...
posted on: Mar 20, 2020
ICS and ITF Call on United Nations to Keep Ports Open, Facilitate Crew Changes March 19, 2020 by Mike Schuler Photo: MAGNIFIER / Shutterstock The International Chamber of Shipping and Internatiional Transport Workers’ Federation are calling on the United Nations to keep ports open and facilitate crew changes in order to keep maritime commerce moving amid the COVID-19 pandemic. “As the COVID-19 pandemic takes hold, it is important for the world’s governments to fully understand that around 90% of global trade is transported by commercial shipping, which moves the world’s food, energy and raw materials, as well as manufactured goods and components – including vital medical supplies and many products sold in supermarkets, items that are necessary (due to complex supply chains) for the preservation of many jobs in manufacturing – without which modern society simply cannot function,” the ICS and ITF wrote in a letter to the Secretary-Generals...
Weekly Vessel Valuations Report, March 17 2020...
posted on: Mar 19, 2020
in Weekly Vessel Valuations Report 17/03/2020 Tanker: Values have remained stable. MR1s Inyala (40,000 DWT, Mar 2008, SLS) and Rhino (39,700 DWT, Aug 2010, SLS) sold in an en bloc deal for USD 30.50 mil, VV en bloc value USD 29.33 mil – On Subs. Bulker: Capesize and Panamax values have softened. Supramax Vigorous (52,500 DWT, Oct 2005, Tsuneishi Cebu) sold for USD 7.10 mil, VV value USD 7.96 mil. Handy Arrilah 1 (36,500 DWT, Jan 2011, Hyundai Mipo) sold to Greek buyers for USD 8.90 mil, VV value USD 9.02 mil. Container: Modern Panamax and Handy values have softened. Panamax Saxonia (3,108 TEU, Jul 2003, Stocznia Szczecin Nowa) sold for USD 5.90 mil, VV value USD 6.28...
DG Shipping – Regarding closure of Maritime Academies and Schools due to Coronavirus...
posted on: Mar 18, 2020
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Chittagong depots won’t handle boxes from non-payers Maersk and OOCL...
posted on: Mar 16, 2020
MD KajolBy Bangladesh correspondent 13/03/2020 Chittagong depots won’t handle boxes from non-payers Maersk and OOCL Loadstar 16 March 2020 The off-docks at Chittagong have stopped handling the containers of Maersk Line, OOCL and Gold Star Line, as part of a dispute over fees. Since Wednesday morning, the depots have provided no service to these shipping lines, which have a 20%-25% market share in transporting export cargo. In January, the depots raised fees by nearly 22%, a rise the shipping lines did not accept and they have paid no bills since then, according to the Bangladesh Inland Container Depots Association (BICDA). “They owe over $2.5m to the 18 off-docks,” BICDA secretary Ruhul Amin Sikder, told The Loadstar. “Moreover, they are not accepting our bills. How we can provide services to them?” He added: “We will resume services for them only after they make the payment.” Mr Sikder said South Korean Hanjin Shipping, declared bankrupt...
Ardent-Smit Team Begins Debunkering Stellar Banner Off Brazil...
posted on: Mar 14, 2020
Ardent-Smit Team Begins Debunkering Stellar Banner Off Brazil March 12, 2020 by Mike Schuler Photo: Brazilian Navy Salvage crews have started the operation to remove fuel oil from the stricken Stellar Banner off the coast of the Brazil. The debunkering operation is being carried out by a jointly by Ardent and Smit Salvage with support from the offshore vessel ALP Defender and an oil spill response vessel from OceanPact, a Brazilian shipping company. During the operation, crews will pump fuel from the Stellar Banner’s tanks to a receiving vessel for transport. Experts said previously that approximately 3,500 tons of fuel oil and 140 tons of gas oil remain on board the grounded the VLOC. The Brazilian Navy reports that the situation remains stable with no signs of oil discharge. Supporting the operation are approximately 255 Navy personnel along with four vessels from the nearby Port of Maranhão, two government vessels, six tugs...
পশ্চিমবঙ্গে ডুবলো বাংলাদেশি পণ্যবাহী জাহাজ...
posted on: Mar 13, 2020
পশ্চিমবঙ্গে ডুবলো বাংলাদেশি পণ্যবাহী জাহাজ সিনিয়র করেসপন্ডেন্ট | বাংলানিউজটোয়েন্টিফোর.কম ২০২০-০৩-১২ ডুবে যাচ্ছে বাংলাদেশি জাহাজ। ছবি: বাংলানিউজ কলকাতা: কলকাতা পোর্ট ট্রাস্টের একটি জাহাজের সঙ্গে ধাক্কা লেগে ডুবে গেছে ফ্লাই অ্যাশ বোঝাই বাংলাদেশি ছোট একটি জাহাজ। তবে জীবিত উদ্ধার করা হয়েছে এর আরোহী ১৩ বাংলাদেশি শ্রমিক ও পাইলটকে। বৃহস্পতিবার (১২ মার্চ) ভারতের পশ্চিমবঙ্গের দক্ষিণ ২৪ পরগনার মহেশতলায় আকরার কাছে এ দুর্ঘটনা ঘটে। জানা যায়, রাজ্যের তাপ বিদ্যুৎ কেন্দ্র থেকে ফ্লাই অ্যাশ নিয়ে সকালে বাংলাদেশের দিকে যাত্রা করেছিলো জাহাজটি। এ সময় বিপরীত দিক থেকে আসা কলকাতা পোর্ট ট্রাস্টের একটি জাহাজের সঙ্গে ধাক্কা লাগে জাহাজটির। ধাক্কা লাগায় কিছুদূর যাওয়ার পর বাংলাদেশি জাহাজটি যান্ত্রিক ত্রুটি বুঝতে পেরে দক্ষিণ ২৪ পরগনার বাটায় দাঁড় করায়। অন্যদিকে পোর্ট ট্রাস্টের জাহাজটি গঙ্গার মাঝ বরাবর ডায়মন্ড হারবারের দিকে চলে যায়। এরপরই বাংলাদেশি জাহাজটির ভিতরে পানি প্রবেশ করে তলিয়ে যায় জলযানটি। ঘটনাস্থলে পোর্ট ট্রাস্টের পুলিশ এসে পৌঁছেছে ও জাহাজটি উদ্ধারের চেষ্টা করছে। বাংলাদেশ সময়: ১৯৫০ ঘণ্টা, মার্চ ১২, ২০২০...
Equinor Confirms Coronavirus Case on North Sea Oil Platform...
posted on: Mar 12, 2020
Equinor Confirms Coronavirus Case on North Sea Oil Platform March 11, 2020 by Bloomberg The Martin Linge platform in the North Sea. Photo: Jan Arne Wold / Woldcam – Equinor ASA By Stephen Treloar and Mikael Holter (Bloomberg) — Equinor ASA reported the first case of coronavirus among employees on oil and gas installations offshore Norway and is testing more workers on several platforms. The positive test at the Martin Linge field, due to start output at the end of the year, appears to be the first confirmed instance of an infected worker on offshore platforms globally. Equinor has suspended helicopter flights to Linge and three other installations offshore Norway, but it wasn’t clear what impact the virus might have on current or future production, if any. Two additional workers were being tested at Linge, spokesman Morten Eek said on Wednesday. Several others are undergoing tests at the Oseberg field...
Princess Cruises to Pause Global Ship Operations for Two Months...
posted on: Mar 12, 2020
Move comes after two of company’s cruises stricken by coronavirus A Coast Guard patrol boat keeps watch on the Grand Princess cruise ship while docked at the Port of Oakland, Calif., on Wednesday. Photo: Ben Margot/Associated Press By Dave Sebastian March 12, 2020 Wall Street Journal Princess Cruises is pausing global operations for its 18 cruise ships for 60 days as the brand has suffered from a fallout from coronavirus pandemic. The suspension applies to voyages departing March 12 to May 10, Princess said Thursday. The cruise line is owned by Carnival Corp. “It is our intention to reassure our loyal guests, team members and global stakeholders of our commitment to the health, safety and well-being of all who sail with us,” said Jan Swartz, president of Princess. Cruise ships have been known as incubators for the pathogen, with the Grand Princess ship being the company’s latest cruise to...
Demolition Market Has Caught the “Virus”
posted on: Mar 12, 2020
Demolition Market Has Caught the “Virus” in Hellenic Shipping News 12/03/2020 With the effects of the pandemic of the Coronavirus being felt around the world more and more by the day, the ships’ demolition market couldn’t be left unscathed. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “with the Coronavirus being closely monitored worldwide by Governments and now stretching to almost a pandemic level affecting global travel, Indian authorities this week held a ‘level A’ meeting internally with various Government departments and shipping agents to discuss the outbreak and the effect on crew arrivals at Alang anchorage. It was agreed that vessels arriving for recycling with crew nationalities from South Korea, Japan, Italy, Iran and China will not be allowed to enter India with immediate effect”. The shipbroker added that ‘all ship recyclers have been requested to inform their cash buyers, agents and others within the...
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Bangladeshis employed in local, foreign agencies abroad to get remittance incentive Circular 08 on foreign remittance. Bangladeshis employed in local, foreign agencies abroad to get remittance incentive Staff Correspondent | New Age Mar 11,2020 The Bangladesh Bank on Wednesday declared Bangladeshi citizens employed in local and foreign airlines and shipping companies abroad eligible for 2 per cent cash incentive against remittance. Besides, […]
MESSAGE FROM CAPT. M A JALIL, PRESIDENT BMAAA MESSAGE FROM CAPT. M A JALIL, PRESIDENT BMAAA 5 December 2019 Assala-Mu-Alaikum. It is me and our unification team’s pleasure to present you all with a unified alumni ‘Bangladesh Marine Academy Alumni Association’ (BMAAA). The concept of forming an alumni association was conceived as far back as 2005 but it […]
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