Daily Collection Of Maritime Press Clippings 2016 - 009
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 – 009Number 009 *** COLLECTION OF MARITIME PRESS CLIPPINGS *** Saturday 09-01-2016News reports received from readers and Internet News articles copied from various news sites.The FESCO VORONEZH in Le Havre – Photo : Fabian Montreuil Distribution : daily to 33.600 active addresses09-01-2016Page 1
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 – 009Your feedback is important to me so please drop me an email if you have any photos orarticles that may be of interest to the maritime interested people at sea and ashorePLEASE SEND ALL PHOTOS / ARTICLES TO :newsclippings@gmail.comIf you don't like to receive this bulletin anymore :To unsubscribe click here (English version) or visit the subscription page on our en.aspx?lan en-USEVENTS, INCIDENTS & OPERATIONSIRClass continues its contribution to ‘Make inIndia’, develops Rules for Indian Coast GuardShipsThe “Rules and Regulations for Construction and Classification of Indian Coast Guard Ships”, developed by the IndianRegister of Shipping (IRS) were formally released by the Director General Indian Coast Guard, Vice Admiral HCS BishtAVSM on 28th December 2015 at a ceremony held at the Indian Coast Guard Headquarters, New Delhi. Additional DG,Rajender Singh PTM TM, all Deputy Director Generals, all Principal Directors and other senior officers of the CoastGuard Headquarters were present at the release. The Chairman and Managing Director of the Indian Register ofShipping, Mr Arun Sharma, formally presented the Rules for release. He was accompanied by a team of seniorexecutives from IRS comprising Vice Admiral BS Randhawa PVSM AVSM VSM (retd), Principal Naval Advisor, Mr RaviSachdeva, Chief Surveyor and Senior Vice President, Mr N Girish, Head Research & Development and Commander KKDhawan (retd), Head Defence Services.Speaking on the occasion, Inspector General SK Goyal PTM TM, Dy. Director General (Material and Maintenance),dwelt upon the long association of the IRS with the ICG, since the early ‘80s, when the indigenous construction ofDistribution : daily to 33.600 active addresses09-01-2016Page 2
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 – 009Coast Guard Offshore Patrol Vessels commenced at Mazagon Docks Ltd., at Mumbai. He stated that the first IRS Rulesfor Construction and Classification of Indian Coast Guard Ships were initially published in 2008. Over time, with gainingof experience in their usage, it was realised that the Rules were required to be reviewed and modified to better suitthe operating conditions and requirements of Coast Guard ships. He stated that the Coast Guard had been closelyinvolved in the formulation of the new Rules.Mr. Arun Sharma responded by stating that while theoriginal Rules for Coast Guard ships had been basedon the Rules for Indian Naval non-combatant ships, thenew Rules are largely derived from the IRS Rules forHigh Speed Craft and Light Craft which are moreappropriate for application to patrol vessels. Inaddition, applicable features of the Rules for noncombatant Naval Ships have also been ated, prior to approval by the IRS TechnicalCommittee. Thus, while the Rules have been madesimpler and more user friendly, they continue to retainthe important special requirements as relevant to CoastGuard ships.CMD IRS stated that he was lookingforward to the Rules being put into use in the nearfuture and undergoing further refinement andimprovement. He thanked the Coast Guard for theiractive involvement during the formulation of the Rules. He stated that the Rules would be made available on the IRSweb site for downloading by authorised external users and would be periodically updated based on experience andfuture technological developments. He added that the release of the Rules is very significant for the national mission ofdeveloping indigenous capability in shipbuilding for the Coast Guard.The Director General Indian Coast Guardcongratulated IRS on the development of the rules and said "with emphasis on ‘Make in India’ by the government,these rules will help in supporting indigenous ship building in India, with prominence on excellence in design andquality construction of ICG ships".The PACIFIC GRACKLE spotted in West Africa Photo : Roderick van Hasselt Master Pacific Dolphin (c)Decision on Bunker-Related Arrest "Radically"Altered Australian Maritime Law EnforcementDistribution : daily to 33.600 active addresses09-01-2016Page 3
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 – 009Maurice Thompson and Joel Cockerell of Clyde & Co LLP (Clyde & Co) say that Australian maritime law has been"radically" altered after a recent decision on maritime lien enforcement in relation to bunker supply contracts washanded down in an Australian court. The net result is that Australia is now an even more arrest and enforcementfriendly jurisdiction, according to the law firm The comments come in relation to a September 2105 case involving avessel known as Sam Hawk, which was chartered to Egyptian Bulk Carriers (EBC), and a claim for a foreign maritimelien following the lack of payment for the supply of bunkers to the vessel.EBC is said to have entered into a bunkersupply contract with Canada-based Reiter Petroleum Inc (Reiter) to provide the vessel bunkers in Turkey.With a claimthat they had not been paid for the bunkers supplied in Istanbul, Reiters had the Sam Hawk arrested in Albany,Western Australia."It was a bold decision to arrest the vessel on this basis in the Australian courts in the face of theprevailing law," said Thompson and CockerellThe bunker supply contract is said to have been subject to Canadian law,and provided for a contractual maritime lien over the vessel, stating that U.S. law would apply in determining theexistence of any maritime lien for the supply."The decision has radically changed maritime law in Australia and set itoff down a path that directly conflicts with that of current predominant Anglo-Common law jurisprudence," addedThompson and Cockerell.Reiter's in rem proceedings are said to have invoked section 15 of the Admiralty Act 1988,and the vessel owner is said to have put up a security and commenced proceedings in Australian courts with the intentof having the arrest struck out.The court is reported to have held that Australian courts should recognise and enforce amaritime lien according to the lex causae, which in this case is the law of the U.S."The practical effect of the decisionis that the circumstances in which a vessel can now be arrested for a maritime lien in Australia has expanded, meaningthat Australia is an even more arrest and enforcement-friendly jurisdiction," said Thompson and Cockerell."Thejudgment has already had a profound practical impact, as there has been a surge in arrest actions in Australia relatingto OW Bunker claims."At the end of December, Ship & Bunker reported there has been an "unprecedented" rise in shiparrests at Australian ports in relation to disputes over unpaid bunkers, mostly in relation to unpaid bills stemming fromthe collapse of OW Bunker. Source : Ship & Bunker News TeamOceanwide Expeditions announces two newvoyages to AntarcticaFollowing successful exploration runs in 2013 and 2015 Oceanwide Expeditions has announced two newexpeditions to the RossSea in Antarctica for2017. The Dutch polarcruise company will besendingtheicestrengthenedvesselORTELIUS to the region.The 116-passenger shipwill sail on a 32-dayvoyage from Ushuaia,South America, to theAntarcticPeninsula,crossing the Polar Circle,sailingintheBellingshausen sea and the Ross Sea. The voyage continues to the uninhabited Campbell Island and ends in Bluff, NewZealand. The second cruise is based on an identical itinerary in reverse order. British Polar explorer Sir James ClarkRoss first discovered the Ross Sea region in 1841. 60 years later the race to the South Pole began and today many ofDistribution : daily to 33.600 active addresses09-01-2016Page 4
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 – 009the relics – such as the huts of Robert Falcon Scott and Ernest Shackleton – still exist, preserved by the cold, ready tobe visited by modern-day explorers.Very few expeditions have ever ventured this far south to the Ross Sea. The RossSea region presents a challenge, partly due to the enormous distances and partly as the Ross Ice Shelf prevents a fullseasonal operation. Oceanwide Expeditions will attempt to land passengers in rarely visited areas such as thevolcanic Peter I Island, the huts of the Shackleton and Scott on Ross Island, McMurdo Station, the Dry Valleys, andCampbell Island, home to the Southern Royal Albatrosses.Spectacular Ross Sea! – CLICK HEREThe voyages will visit one of the last wildernesses on earth, hardly touched nor visited by humans. Passengers willexperience the largest ice-formations in Antarctica and will encounter a diversity of life despite the region’s harshconditions. Wildlife spotting opportunities should be abundant as the Ross Sea is home to minke whales, orca’s,weddell and crabeater seals, adelie and emperor penguins, petrels and skuas.Oceanwide Expeditions CEO Michelvan Gessel said: “With the advantages of the ORTELIUS in combination with the use of helicopters, our travellersare having some great opportunities exploring Antarctica’s most fascinating sites.”Departures are scheduled for 13January and 15 February 2017 and prices start from 19,950 (approximately 14,650) per person on a cruise-onlybasis. Source: worldofcruisingNigeria arrested 1,610 pirates in 2015Nigerian military officials arrested 1,610 pirates, militants and criminals in the Niger Delta region in 2015. Maritimesecurity company, Protection Vessels International in an interview with World Maritime News, cited Operation PuloShield officials.The arrested people were suspected of piracy, illegal bunkering and kidnapping in the region.Furthermore, security forces seized 50 oil vessels, 200 barges and weapons during the raids. According to the officials,security operations started a sharp increase in September 2015,.“The announcement comes amid uncertainty over thefuture of the amnesty agreement between the president and former militants in the region,” PVI said Former militantsstaged protests on December 14 in Warri, Delta State, amid reports the government was planning to cut the amnestybudget.PVI added that such a move could see ex-militants return to piracy and organised crime in the region.TheNiger Delta had a quiet five months until October 2015, when armed pirates attacked and boarded a refrigerated cargoship and kidnapped four crew members.This incident took place further west than earlier kidnappings, showing signsthat criminal gangs are expanding their area of operation, according to UK-based maritime intelligence company DryadMaritime.In 2014 alone, six attacks on vessels were reported and 13 crew members were abducted in the area for thepurpose of ransom. Source : punchngThe tug MARINA SWIFT operating in the Tuas Basin in SingaporePhoto : Capt Neil Johnston – Master Terasea Falcon. (c) CLICK at the photo and hyperlink in text !Distribution : daily to 33.600 active addresses09-01-2016Page 5
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 – 009Eurofos terminal confirms record 2015 trafficBy Bob Jaques from LondonPortSynergy/Eurofos, a joint venture of DP World and CMA CGM’s Terminal Link, has posted record 2015throughput of 617,751 teu at its Mediterranean Terminal at Fos-sur-Mer outside Marseille, 8% more than in 2014 and59% up on its initial throughput total in debut year 2011.“This new historical record, despite difficult economicconditions in France and Europe, confirms the considerable advantages of our port,” said ceo Nicholas Gautier.Together with fellow terminal Seayard (APM Terminals/MSC) next door, the two facilities comprising the Fos2XLdevelopment have invested over EUR450m in infrastructure to date, handling over 1m teu combined last year.Together they offer liner connections to some 60 destinations a week, while on the landside some 15 trains a weekoperate from Fos to Lyon.As previously reported, PortSynergy is catering for further growth by later this year installingthe world’s two largest super post panamax gantry cranes, measuring 74m high with outreach of 72m (26 rows), anorder placed in autumn 2015. Source : seatrade-maritimeThe H175 arrives in Aberdeen: NHV announcesthe entry into service of two H175s at their UKAberdeen base for oil and gas operationsOne year has passed since NHV received its first H175. Since then, the rapidly growing international helicopteroperator has taken delivery of a total of six H175s and will receive another four in 2016. Within the year that the NHVH175 fleet has been in service, it has racked up more than 1,850 flight hours, 1,174 flights, and has transported animpressive 16,600 passengers. NHV marked the end of the year by taking delivery of two new H175s as well asannouncing that two H175s would reinforce its Aberdeen Fleet. The super medium helicopters have since startedoperations in one of the most strategic oil & gas helicopter hubs in the world. The H175 is the latest medium-sizedrotorcraft to join the Airbus Helicopters family. In compliance with the most rigorous regulatory requirements, theH175 boasts increased flight safety, greater passenger comfort, more versatility, simplified maintenance andDistribution : daily to 33.600 active addresses09-01-2016Page 6
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 – 009competitive operating costs. With a 90% availability rate, the H175 is proving its service in action. Source :airbushelicoptersGlobal logistics index shows confidence atlowest in nearly four yearsA global index measuring the confidence of logistics companies fell in December to its lowest level since March 2012,hit by lower margins for European freight forwarders such as Denmark's DSV because of overcapacity in shipping.Consulting group Transport Intelligence's (Ti) Stifel Logistic Confidence Index showed particularly low confidence inthe transport business along the Asia-Europe routes where spot freight rates were barely profitable for shippingcompanies for much of last year. However, future expectations were slightly improved, with companies expectingovercapacity to lessen, Ti said.Freight forwarders use companies such as Maersk Line, the world's largest containershipping company, to transport goods on the behalf of clients.Like the shipping companies themselves, freightforwarders have had their margins squeezed by low freight ratesTi noted Maersk Line's commitment to lay-up an18,000 twenty-foot equivalent (TEU) vessel last month as part of moves to decrease capacity, as well as a wave ofconsolidation among shipping companies. "It is clear . steps are now being taken to tackle the overcapacity crisisendemic in the shipping industry," Ti said.The world's third-largest shipping line, French CMA CGM, agreed a deal withTemasek Holdings to acquire struggling Neptune Orient Lines and Chinese authorities gave the green light for amerger between state-owned giants China Shipping and COSCO.Container vessel capacity reached a record high lastyear as 212 new vessels, with total capacity of 1.7 million TEU, joined the global fleet.The logistics confidence indexfor sea freight declined by 1.8 points to 44.3 in December, down 14.7 points year on year. source : ReutersPetrobras terminates Ensco contractBrazilian majority state-owned company Petrobras has terminated a rig contract with Ensco due to allegations ofcorruption, the rig services provider said Wednesday. In 2008, the national oil company chartered a drillship from USdrilling company Pride International, which was purchased by Ensco in 2011.In a Monday statement, Petrobras claimedthat Pride knew about “improper payments” made to a consultant. This money was then shared with Petrobrasemployees. However, Ensco has refuted these charges, claiming there was no evidence of wrongdoing. According toEnsco, this move will not affect ongoing rig work with Petrobras under different contracts. Source:theoilandgasyearSlashing Capacity the Only Way to Achieve Stabilityfor Box, Dry Bulk Markets: Moore StephensRichard Grenier says the dry bulk sector will probably have to reduce the newbuilding orderbook and increase shiprecycling in 2016 While acknowledging the good performance of the tanker markets in 2015, Moore Stephens believesslashing capacity is the only way to achieve stability in the dry bulk and container ship sectors.Richard Grenier, partnerand maritime specialist for the international shipping consultant, writes that although most people blamed the recordDecember drop in the Baltic Dry Index on China's reduced consumption levels, "Nevertheless, the dry bulk sector willprobably have to reduce the newbuilding orderbook and increase ship recycling in 2016 in order to restore thebalance."Since then, the Baltic Dry Index fell to a fresh all time low of 468 468 on January 6.The partner goes on to note, "The same is true of the container ship sector, where reducing capacity is seen as thebest way to drive up rates"; he predicts that 2016 will see a cap on new builds and more calls for ship recycling. HeDistribution : daily to 33.600 active addresses09-01-2016Page 7
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 – 009adds that CMA CGM's recent move to buy NOL "is an indication of further consolidation; it would be no surprise to seemore still in 2016."Looking ahead further, Grenier says shipping overall will remain volatile and uncertain; he predictsan escalation in operating and regulation compliance costs as well as an increased interest in refinancing as a way togenerate cash.These factors combined compel him to conclude that now is a good time for investors, "if you haveaccess to finance and a credible business plan, preferably one with the badge of green approval."Moore Stephens inNovember predicted that vessel operating costs as well as hull and machinery insurance will rise by 3.1 percent and1.9 percent in 2016 respectively. Source: Ship & Bunker News TeamThe 2015 delivered 368 mtr long and 51 mtr width YM WORTH, IMO 9704635,moored at the Euromax terminal alongthe Yangtzecanal in Rotterdam-Europoort Photo: Krijn Hamelink(c)Pirates scaring away ‘yachties’By Susan MohammedTHE Yacht Services Association of Trinidad and Tobago (YSATT) says the yachting industry in T&T is in jeopardy. Thisis after pirates attacked two vessels in one week. Risa Hall, president of YSATT, said in a statement on Monday thatthese attacks could severely affect the yachting industry, which provides foreign exchange and jobs. On December 20and 27, yachts were attacked in separate incidents, but in similar locations off Trinidad’s north coast.Both incidents occurred in the area of the Hibiscus platform, which is located about 25 miles north of the First Boca,where armed Spanish-speaking men boarded the boats and stole equipment and valuables, then left in the direction ofVenezuela, said YSATT. In the first incident, a crew and passengers on board a yacht sailing from Trinidad to Grenadawere robbed of thousands of dollars worth in equipment. No one on board was harmed. In the second incident, a manand his two sons sailing to Grenada were robbed of US 4,000, a computer, cellphones and other personal items by sixpirates, aged between 20 to 30 years old. The father was also threatened by the pirates, saying they would kill him ifhe called for help. “The word from yachtsmen is that they will not be coming to Trinidad in light of the serious dangerwhen sailing from Grenada, the usual departure point to Trinidad. Meetings have been held with the Coast Guard whohave been asked to increase their patrols to the area near the platform,” said Hall. The YSATT president saidstakeholders are requesting that the Government of Trinidad and Tobago call their Venezuelan counterparts to accountand demand the assurances that the government of Venezuela will do everything in its power to eradicate piracy.Source : trinidadexpress.Oil & Gas M&A to ramp up in 2016 as financialpressures drive companies into actionIn contrast to 2015, upstream oil and gas deal activity is set to ramp up this year regardless of what happens to the oilprice, according to Wood Mackenzie's M&A outlook for 2016. Should oil prices stay low, companies will be forced to sellassets and merge businesses: to free up capital, to cut costs and to survive amid growing financial pressures.However, assuming oil prices recover in 2016 – which Wood Mackenzie forecasts will happen later in the year, withBrent rising to over US 65 per barrel in Q4 – companies will move quickly to catch the next up-cycle and re-focus fromsurvival to growth.Wood Mackenzie’s analysis shows that 2015 was the slowest year for oil and gas M&A in over adecade. Average monthly deal count fell by over a third, compared with the preceding 24 months. Excluding Shell'sexceptional US 82 billion takeover of BG, deal spend collapsed by two thirds; only fourteen deals higher than a billiondollars in value were announced, compared with 46 in 2014.Luke Parker, Corporate Analysis Research Director forWood Mackenzie explains; “Uncertainty over oil prices continued to drive a wedge between buyers and sellers,sustaining a slowdown in activity that began in October 2014. With long-term oil prices so fundamental to the successor failure of M&A, and costs still in the process of re-setting, most were reluctant to commit to company-changingDistribution : daily to 33.600 active addresses09-01-2016Page 8
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 – 009deals. “Whether oil prices move up, down or nowhere at all in 2016, pressure to act will build, on both buyers andsellers. Exactly how the M&A market recovers will depend on how oil prices move in 2016, and where people expectthey will move to beyond that,” Parker adds. “Should the current pricing gloom persist, we expect that deal flow willincrease in 2016. The drivers behind deals, and the types of deals we see, will differ this year as potential sellers comeunder increasing financial pressure,” Mr Parker continues. “Mounting distress will force more companies to market:balance sheets will become ever more stretched without asset sales to balance the books. Financing options will bemore limited: debt and equity investors are unlikely to be as welcoming as they were in H1 2015, when expectationswere for a quick rebound in prices.”Wood Mackenzie also warns that the number of vulnerable players is likely toincrease: “While the top tier of International Oil Companies (IOCs) can largely take action to ride out a further year oflow prices, the next tier down may have fewer options. Deeper strategic action, including asset sales, will be needed,”Mr Parker explains.Greig Aitken, Principal Analyst – M&A for Wood Mackenzie, adds: “Assuming oil prices stay low, wecan expect more corporate consolidation and more deals focused on cost cutting and operational synergies. The abilityto drive the pace of capex spend will be critical to companies needing to protect financial strength. Expect swaps andacquisitions based on taking operatorship of assets. In some cases, controlling the pace of spend will not be sufficient;living within cash flow will be the priority for E&P companies and some capital intensive development assets will haveto be sold, almost regardless of price. Wood Mackenzie sees the oil market tightening next year, boosting prices in H2.This scenario would also prove a boon to M&A activity. "As we saw in Q2 2015, when sentiment takes hold that oilprices are on the path to recovery, M&A activity can pick-up quickly. First mover advantage is key – securing dealsbefore competition grows and inflation sets in. At the moment, companies are focused on survival, but this couldquickly shift back to growth, in a higher oil price environment," Mr Aitken says.In terms of likely buyers, WoodMackenzie highlights the private equity sector as being well positioned for counter-cyclical opportunities. As Mr Parkerexplains: “Reports last year suggested that private equity had anywhere between US 40 billion and US 100 billion offunds earmarked for investment in oil and gas. Much of the capital available to this group was raised specifically totake advantage of the opportunities that would arise in the low oil price environment. 2015 yielded fewer opportunitiesthan anticipated. However 2016 should provide more and private equity is still well-capitalised to take advantage."Source: Wood MackenzieThe MAEA off Melbourne – Photo : Bill Barber (c)Distribution : daily to 33.600 active addresses09-01-2016Page 9
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 – 009Indonesian govt revenue from oil and gas seendown 16 pct y/y in 2016Indonesian government revenue from the upstream oil and gas sector is expected to decline 16 percent to 10.77billion in 2016 from 12.86 billion in 2015, the country’s oil and gas regulator (SKKMigas) said on Tuesday. Theregulator is targeting an average daily crude oil output of 827,780 barrels per day (bpd) in 2016, SKKMigas ChairmanAmien Sunaryadi said, and an average gas output of 6,266 million standard cubic feet per day.The Cepu block,operated by Exxon Mobil Corp, will reach peak output of 168,430 bpd in March, Sunaryadi said, later than an earliertarget of January.No reason was given for the delay or for the expected decline in state revenues. Source: Reuters(Reporting by Wilda Asmarini, writing by Fergus Jensen; Editing by Himani Sarkar)Prime Shipping Corporation orders chemicaltanker pair at Ningbo Xinle ShipbuildingVietnamese tanker operator Prime Shipping Corporation has signed shipbuilding contracts with Ningbo hemicaltankers with options toaddanothertwo.Thevessels are designed byShanghai-basedOdelyMarine Engineering anddeliveries are scheduled tobeginfromJuly,2017.Prime currently has afleet of six tankers rangingfrom 7,000 to 45,000 dwtand2LPGcarriers.Source : Splash 24/7Offshore companies batten down the hatchesas oil price hits 11-year lowOffshore companies batten down the hatches as oil price hits 11-year lowMarcus Hand By Marcus Hand from SingaporeThe oil price dropped to an 11-year low on Wednesday, and offshore marine companies are battening down thehatches for a long haul. After spiking upwards on Monday due to concerns over Middle East tensions Brent crudedeclined to 34.23 per barrel on Wednesday, levels not seen since 2004. There are very few signs that OPEC will cutproduction to reduce the glut in supply. Observers see the tensions between Saudi Arabia, which has led the move notcut production, and Iran making any agreement to lower production all the less likely. Meanwhile US shale oil and gasproducers have proved to be much more resilient to low prices than many had expected.All of this equates tounwelcome news for offshore marine companies that are already struggling with huge imbalance between demandand supply of vessels and rigs, and extremely depressed rates for units that are able to find employment.With themuch-reported prediction that the oil price could fall to 20 per barrel offshore companies are facing very real cashflowconcerns, and questions over their abilities to meet financial obligations. This week has seen offshore marinecompanies on three continents look to either majorly restructure their financing or alter terms on their bonds.BothHavila Shipping in Norway and Polarcus in Dubai have announced major financial restructuring drastically reducingtheir commitments in the coming few years, while Singapore-listed Nam Cheong is seeking to amend the covenantswith its bondholders to waive any non-compliance.The comprehensive restructuring plans set out by Havila coveredthe period 2016 – 18 and the company made it clear it was not expecting any quick turnaround in marketconditions.“The company foresees severe financial challenges for the period 2016-2018, and has several debtmaturities coming up over the next months, of which it has no readily available means of refinancing,” it said. “Further,cashflow from operations is not sufficient to serve the current amortisation schedules, and the company does notDistribution : daily to 33.600 active addresses09-01-2016Page 10
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 – 009expect that the market will improve materially in the short to medium term.”The moves we have seen this week byoffshore marine companies to restructure their financing arrangements are likely to only be the first of many that willtake place this year.The alternative is unfortunately bankruptcy as happened to Dolphin Group in December last yearwhen it proved unable to restructure its finances and Ceona in the UK in September. Source: seatrade-maritimePanasia BWMS steps towards US approvalFilter- and UV-based ballast water management system manufacturer Panasia has passed a crucial stage of testing forUSCG type approval, without using the now-discounted Most Probable Number (MPN) method of sampling. OnDecember 14 2015 the US Coast Guard (USCG) announced its decision that MPN sampling would not be considered anequivalent testing method, as it shows only the ability or otherwise of organisms in treated ballast water to reproduce.That is allowable under IMO’s Ballast Water Convention, but not under US Environmental Protection Agency rules,which require organisms to be killed.Panasia’s GloEn-Patrol system however uses a different sampling method,FDA/CMFDA, which is allowed by the US authorities. In October its system passed testing at the Golden Bear facility inCalifornia, with DNV GL as the independent laboratory required for pursuing USCG type approval.In a statement thecompany said: “The [USCG] announcement can easily lead the customers to misunderstand or misinterpret UVtechnology. In f
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2016 - 009 Distribution : daily to 33.600 active addresses 09-01-2016 Page 6 Eurofos terminal confirms record 2015 traffic By Bob Jaques from London PortSynergy/Eurofos, a joint venture of DP World and CMA CGM's Terminal Link, has .
Earlier, PNSC chairman Admiral Skandar Waqar Naqvi in his address of welcome said that the corporation’s audited . DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2009 – 267 . DAILY COLLE
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2022- 147 Distribution : daily to 43950 active addresses 26-05-2022 Page 7 whole, and while there have been first signs that the market has passed its peak we also expect a strong second quarter," said CEO Rolf Habben Jansen. Hapag-Lloyd said revenue growth can primarily be attributed to much .
DAILY COLLECTION OF MARITIME PRESS CLIPPINGS PSi-Daily Shipping News Page 6 3/3/2007 Frank will retire March, 12th, during his final trip on board the STENA HOLLANDICA, when she is safely delivered in the drydock at the Lloyd Werft in Bremerhaven. The STENA HOLLANDICA will be lengthening with another 52 meters till 240 meter long, which is the biggest lengthening operation ever done on a ship.
maritime archaeology there is no clear-cut definition but overlapping designations. Maritime archaeology falls within the umbrella of underwater archaeology4 that particularly focuses on the preservation and reconstruction of maritime cultural heritage. 'Maritime archaeology,'
Key-Words: - Automatic maritime surveillance, ship detection, maritime traffic, maritime security. 1 Introduction Maritime surveillance had a major evolution with the improvement of synthetic aperture radar (SAR) images that can be acquired day and night, on all weather conditions, [1]. Until very recently, those
Wire Processing Machine w/Press (WPM) or Bench Press only Panduit Applicators CA-800* CA-800EZ* CA9 PANDUIT CP-851 Bench Press only A CP-861 Bench Press only A CP-862 Bench Press only A1 CP-871 Bench Press only A1 AMP CLS III G w/G Press (WPM) A1 CLS IV w/G Press (WPM) A1 CLS IV Plus w/G Press (WPM) A1 G Bench Press only A1 CLS II w/T Press .
Jan 03, 2007 · DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2007 – 058 PSi-Daily Shipping News Page 1 2/28/2007 Number 058 *** COLLECTION OF MARITIME PRESS CLIPPINGS *** Thursday 01-03-2007 News reports received from readers
Alex Rider Facebook page and submit your questions to the author. If you were unable to tune in on the day, the video is available to watch on the National Literacy Trust website and on Alexrider.com. This resource has been created to support primary and secondary practitioners to deliver an exciting transition project, complementing the live event, although not depending on it. It features .
