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Great Offshore commences USD 32 mn. time charter
Great Offshore Limited has commenced a firm charter with Gujarat State Petroleum Corporation Ltd. (GSPC) for its 2008 built AHTSV - "Malaviya Nine". The firm charter aggregating USD 32 mn. with
IMO and industry in officer shortage and piracy talks
I MO Secretary- G e n e r a l Efthimios Mitropoulos met representatives of the R ound Table of international s h i p p i n g associations", (Bimco, ICS/ISF, Intercargo and Intertanko) a
COVER STORY - Celebrating Piracy and Criminalisation of seafarer
F or seafarers who turned up for the National Maritime week celebrations seminar at the auditorium of the Shipping Corporation of India (SCI), Mumbai on 1st April, 2009 their hope of findin
Celebrating Piracy and Criminalisation of seafarer (Contd.)
effort, put an agenda to work together. Unfortunately, every country has a different policy. With the result if pirates are actually captured then how do we try them and to whom should they be h
TOP STORY - ASF calls for Asian governmental body
O wners representatives meeting in Hong Kong for the Asian Shipowners Forum (ASF) Ship Insurance and Liability Committee have called for Asian governments tyo forma regional body to conside
Celebrating Piracy and Criminalisation of seafarer
For seafarers who turned up for the National Maritime week celebrations seminar at the auditorium of the Shipping Corporation of India (SCI), Mumbai on 1st April, 2009 their hope of finding s
Somali pirates strike again
Somali pirates have seized the Greek-owned, St Vincent and Grenadines-flag bulk carrier Titan. The 1983-built, 43,214 dwt ship is reported to have a crew of 24 and is entered with the London P&I
EITZEN chemical loan deals changed
Norwegian-based Eitzen Chemical says its request to its banks to amend its loan agreements to allow a higher net debt to EBITDA ratio through to 2010 has been accepted. A statement says: "All th
LEAD STORY - Maersk Line adds Pipavavcall on its India - Europe service
W ith a view to further facilitate trade from North & North West India to the Middle East, the Mediterranean and Europe; Maersk Line will shortly add a Pipavav call on its ME3 service. Thi
MAERSK LINE
mother vessel service to the Middle East for North & North West India shippers. The first call of the said, "Maersk Line is the only carrier to provide a direct service from Pipavav into the M
COVER STORY - Trying to get a grip! - Nautical Institute seminar
I n the sea of maritime conferences and seminars taking place in Mumbai city the one organised by the Nautical Institute India (West Branch) on March 21, 2009 to focus on the challenges fac
Trying to get a grip! - Nautical Institute seminar (Contd.)
youngsters in rural areas to take up a career in the merchant navy. As a case in point she took a leaf out of the success achieved by retailing, which had caught the attention of rustic youth. S
TRYING TO GET A GRIP! - NAUTICAL INSTITUTE SEMINAR
In the sea of maritime conferences and seminars taking place in Mumbai city the one organised by the Nautical Institute India (West Branch) on March 21, 2009 to focus on the challenges faced by the
LOOKING TO GET OUT OF THE ECONOMIC MORASS
The 6th edition of the Indian Ports & Shipping International conference was held on March March17th & 18th, 2009 at Hotel Taj President, Mumbai. It served to focus on issues that could put the
Jag Riddhi delivered to the buyers
The Great Eastern Shipping Company Ltd. (G E Shipping) delivered its 1997 built Handymax dry bulk carrier "Jag Riddhi" (47,240 dwt) to the buyers. With the delivery of this vessel, the Company's
ASF concern over piracy threat
The Asian Shipowners Forum (ASF) Safe Navigation & Environment Committee (SNEC) meeting in Singapore has expressed concern that the current economic crisis could lead to an upsurge in piracy aro
TOP STORY - Maersk tankers "Ready for CO2 transport market"
A P Moller Maersk Group subsidiar y Maersk Tankers says it is ready to enter the CO2 transportation market to help promote Carbon Capture and Storage (CCS), one of the technologies identifi
LEAD STORY - LNG tanker rates fall on increase in vessels
C harter rates for liquefied natural gas tankers on short- term hauls declined 17 per cent last year because of an increase in new vessels, Poten & Partners said. Rates to rent LNG tankers f
COVER STORY - Looking to get out of the economic morass
T he 6th edition of the Indian Ports & Shipping International conference was held on March 17 & 18, 2009 at Hotel Taj President, Mumbai. It served to focus on issues that could put the mari
Looking to get out of the economic morass (Contd.)
massive employment opportunity and the benefit to the economy the government should restore the subsidy to make the shipyards competitive." Considering the importance of connectivity S. S. Hussa
TOP STORY - Anglo-Eastern Group takes initiative to ensure quality crews for the future
A nglo-Eastern have announced the establishment of the Anglo-Eastern Maritime Academy in Mumbai, with the first intake of Cadets, straight out of High School, commencing in August, 2009.
More pirate attacks
Somali pirates wounded two seafarers on board the North Korean general cargo ship Chong Chon Gang yesterday in an unsuccessful hijacking attempt. The attack on the 1977-built, 9,147gt ship took
16 missing after collision
A massive search and rescue operation has been underway for 16 seafarers after South Korean flag-6,934 dwt bulk carrier Orchid Pia sank following a collision with the Panama- registered 4,912 dw
LEAD STORY - Ship spilt both oil and toxic chemical
A Cargo ship that spilt 31 containers of ammonium nitrate into Queensland's Moreton Bay in the wake of Cyclone Hamish has also leaked heavy fuel oil. The Hong Kong-flagged Pacific Adventur
COVER STORY - Niche segments can buck economic downtrend
I ndia Maritime 2009 came this year in the very midst of the economic downturn, when most players in the field of shipping and maritime trade are found grappling with divergent and challeng
Niche segments can buck economic downtrend (Contd.)
the pie, the good news is that there are three areas that hold promise being relatively immune to business cycles. These are the Defence (Naval and Coastguard requirements); Infrastructure (dred
TOP STORY - Disaster declared after Australia oil spill
A uthorities declared parts of Australia's northeast coast a disaster area on Friday after tonnes of oil from a damaged cargo ship contaminated several beaches popular with tourists. Queen
NICHE SEGMENTS CAN BUCK ECONOMIC DOWNTREND
India Maritime 2009 came this year in the very midst of the economic downturn, when most players in the field of shipping and maritime trade are found grappling with divergent and challenging
DGS'S STIMULUS PACKAGE SET TO BOOST COASTAL SHIPPING
The Director General of Shipping has assured a stimulus package to boost coastal shipping. This could not only dramatically enhance employment but also lead to a significant shift in cargo mov
Interview with David Cockroft, General Secretary of ITF
M r. D a v i d C o c k r o f t o f Inter national Transport Federation, speaking to ST . Q) What is the stand of ITF on the on-going piracy? Piracy is a major problem in the world though much le
Baltic launches port costs data
The Baltic Exchange is to publish the port costs used to calculate its daily time charter equivalent (TCE) assessments for the tanker market, starting from 9 March. The service already provides
DGS's Stimulus package set to boost coastal shipping
T he Director General of Shipping has assured a stimulus package to boost coastal shipping. This could not only dramatically enhance employment but also lead to a significant shift in cargo
DGS's Stimulus package set to boost coastal shipping (Contd.)
be moderated or done away with, since much time is wasted in paper work besides adding to costs. In China there are 13,000 vessels operating along the coast since regulations are much simpler," h
TOP STORY - United Nations agencies partner with shipping orporations
A Global Industr y Alliance (GIA) was launched on March 02, 2009 at the Headquarters of the International Maritime Organization (IMO) in London, to tackle the threats of marine bio- invasi
LEAD STORY - Anglo-Eastern inaugurates its 1st German office in Bremen
A nglo-Eastern CEO, Peter Cremers had a big week in Germany, first opening his Group's first fully operational ship management office in Germany and then participating in Marine Money's ann
IN BRIEF - UK Club tonnage down
The UK P&I Club's total mutual owned tonnage fell 7% at latest renewals and now stands at 104m gt. About three-quarters of the tonnage which moved was from five Members, of whom only three left
COVER STORY - Indian ship recyclers oppose IMO draft at Mumbai workshop
S erious differences came to the fore between Indian ship breakers and the international body, as the draft on International Convention for the Safe and Environmentally Sound Recycling of S
Indian ship recyclers oppose IMO draft at Mumbai workshop (Contd.)
the shipowners to the ship recyclers. "There is no clear demarcation when a ship ceases to be a ship," stated Mr Nagarsheth. "Once a ship is delivered to the ship recycler, it should cease to be
MARINE ACCIDENTS - Engine turbocharger failures
O n one vessel I commanded, the generators were barely able to produce 40 per cent of their rated capacity. More worryingly, there were frequent blackouts, endangering the safety of own and
Indian ship recyclers oppose IMO draft at Mumbai workshop
Serious differences came to the fore between Indian ship breakers and the international body, as the draft on International Convention for the Safe and Environmentally Sound Recycling of Ships
G E Shipping contracts to sell a gas carrier.
The Great Eastern Shipping Co Ltd. (G E Shipping) has contracted to sell its LPG gas carrier, "Jag Vayu". The 1978 built, 28,400 dwt vessel will be delivered to the buyers in Q4 Fy2009. The Com
Pirates Free Fishing Vessel
Somali pirates released the Chinese fishing vessel Tianyu No. 8, owned by China's Tianjin Ocean Fishing Company, yesterday, according to China's news agency Xinhua. The agency added that the Ch
LEAD STORY - CTL-IMEX focuses on Empowering Growth
T he two-day International Conference on Ports, Cargo and Logistics Powering Economic Growth : Logi(Sti) Cal Approach held at the Bombay Exhibition Centre, Mumbai on 29th and 30th January,
COVER STORY - MSC conference holds an edge
T he two-day conference of Mediterranean Shipping Company (MSC) held at the J. W Marriott, Mumbai on 30th and 31st January 2009 was akin to a home coming for the officers of the ship board
BOOK REVIEW - Memories of Another Day
M emories of another day' is the story of an Indian Captain of a ship stalled in a foreign strife-torn land and how he faces up to the challenges of isolation and an uncertain future. The l
CTL-IMEX focuses on Empowering Growth (Contd.)
and we have to learn to look bigger and bolder and invest more proactively. We need to connect the coastal railways (particularly the Konkan railway) with the railway system in Central India. In
MSC conference holds an edge
The two-day conference of Mediterranean Shipping Company (MSC) held at the J. W Marriott, Mumbai on 30th and 31st January 2009 was akin to a home coming for the officers of the ship board sta