MOL Comfort as seen on June 17, 2013 in the Indian Ocean. International classification society ClassNK said Friday that they will be delaying the release of its findings from the ClassNK Casualty Investigation Team’s analysis and investigation into the June break up and sinking of the MV MOL Comfort in the Indian Ocean. The team began […]
Aug 30 (Reuters) – The Baltic Exchange’s main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain, coal and fertiliser, fell for the third consecutive day on Friday as capesize rates slid further. * The overall index, which factors in the average daily earnings of capesize, panamax, supramax […]
EXMAR announced today the signing of a Letter of Intent (LOI) to provide a Floating Liquefaction & Storage Unit (FLSU) to serve the BC LNG Project in British Columbia, Canada. The LOI includes a 20-year charter to BC LNG plus options for 2 additional 5-year periods. According to a statement on the BC LNG website, […]
Shipbreaking at Alang. Photo: IMO A perspective on ship recycling and how to end beaching Like most other things, ships don’t last forever. After 25-30 years they are no longer commercially usable and therefore taken out of service to be dismantled. The materials are recycled to a lesser or greater extent – since a large […]
The Port of Rotterdam Authority enters into a unique co-operation with E.ON, Evides Industriewater, Stedin and Vopak. On Friday 30 August these parties signed an agreement with the aim of creating an 80-hectare ‘Plug & Play area’ on Maasvlakte 2. This means they will cooperate to offer (mains) services to businesses which want to set […]
The Polar Code shall cover the general provisions for navigation in the Arctic, including all aspects of the design and equipment of vessels. It was announced by Koji Sekimizu, Secretary-General of the International Maritime Organization (IMO) after his 5-day visit along the eastern sector of the Northern Sea Route. In addition, he said, the provisions […]
Maersk Kampala, situated south of the Suez Canal, continues to fight a fire in two containers in the foremost bays on the deck. The fire began at approximately 21:00 on 28 August while the vessel was heading north towards the Suez Canal. All crew are accounted for, no injuries reported and communication with the vessel […]
India’s first exclusive defence satellite GSAT-7 was successfully launched by European space consortium Arianespace’s Ariane 5 rocket from Kourou spaceport in French Guiana today, giving a major push to the country’s maritime security. Indian Navy would be the user of the multi-band home-built communication spacecraft, expected to be operational by September end. The Rs 185-crore […]
The Ministry of Oceans and Fisheries will strengthen R&D support with the goal to secure 15 leading technologies by 2017. On August 21, the Ministry of Oceans and Fisheries called for a meeting of the Ocean and Fisheries Future Technology Committee to discuss and confirm its R&D directions. The development strategy is composed of four […]
THE Indian navy was singularly unlucky this month. Amidst celebrations of two landmark achievements in a row, its first submarine disaster exploded in the face. Indian naval ship Sindhurakshak, a kilo-class submarine, refitted and ready for mission, sank in the Mumbai naval dockyard, taking with it 15 crew. It hurt because it occurred on the […]