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Friday, January 21, 2022

Cruise of the Corwin

Posted to Maritime Musings (by Dennis Bryant) on June 10, 2011

The United States Revenue Cutter (USRC) Thomas Corwin was built in Portland, Oregon in 1876, becoming the first federal government vessel built in the state. She was finished and commissioned in San Francisco in 1877. San Francisco remained her homeport for her entire period of government service.

Not much to look forward to this year for oversupplied carriers

Posted to Far East Maritime (by Greg Knowler) on April 29, 2011

The first quarter results have been coming in over the last month and they are a mixed bag of good, bad and ugly. Good would be China’s Cosco Shipping, a subsidiary of the country’s largest shipping firm China Ocean Shipping (Group) Co, which announced a 150 percent increase in net profit.

A Temporary Change in Latitude – and Attitude

Posted to Global Maritime Analysis with Joseph Keefe (by Joseph Keefe) on April 20, 2011

Bonaire, Netherland Antilles: Day four of spring break finds me on the verandah of my laid back Bonaire resort, looking out over the pristine maritime landscape. This week, we returned here for holiday, three years after first discovering this island jewel back in April of 2008.

Results of the April 12-13 Meeting of NMSAC - Part 1

Posted to Maritime Transportation Security News and Views (by John C.W. Bennett) on April 15, 2011

The US Government having been kept in business for another week, the National Maritime Security Advisory Committee (NMSAC) started a two-day meeting on April 12th. The agenda previously discussed was modified such that the day started with the discussion of Seafarer Access Shore Leave Policy…

Macondo well and Fukushima Daiichi

Posted to Maritime Musings (by Dennis Bryant) on April 15, 2011

The Macondo oil spill in the Gulf of Mexico (following the April 20, 2010 explosion and fire on the MODU Deepwater Horizon) and the reactor failures at the Fukushima Daiichi nuclear power plant in northern Japan (subsequent to the March 11,…

Law to curtail Shipping Trade Malpractices

Posted to Law to curtail Shipping Trade Malpractices (by Joseph Fonseca) on March 14, 2011

An Act to facilitate swift and efficient movement of goods in India in relation to export/ import or coastal cargo is set to be enacted soon. It promises to bring transparency in trade practices by publishing of tariff by shipping transport…

Rotterdam and Mumbai agree for mutual cooperation

Posted to Rotterdam and Mumbai agree to mutually cooperate (by Joseph Fonseca) on February 16, 2011

Yet another port has been positioned to serve as the European gateway for shipments to and from Mumbai. This time on 10 February the representatives of the city port of Rotterdam visited Mumbai and met those of the city port of Mumbai and resolved…

FORAN V70 launch in India

Posted to FORAN V70 launched in India (by Joseph Fonseca) on February 2, 2011

Another system for the design and production of ships and off-shore platforms will be launched in India close at the heels of NAPPA systems. Popularly known as FORAN V70 it is scheduled to be launched  on 16th February 2011 in Mumbai by the Spanish multinational…

APU / Maritime Reporter WEBCAST Series Kicks off in February

Posted to Global Maritime Analysis with Joseph Keefe (by Joseph Keefe) on December 22, 2010

Maritime stakeholders continue to face complex challenges. Maintaining a healthy bottom line in the face of a myriad of regulatory, environmental and operational risks, therefore, has become Job 1. Preventing the loss of vessel and crew from acts of piracy…

Nikumaroro

Posted to Maritime Musings (by Dennis Bryant) on December 21, 2010

Nikumaroro (previously known as Gardner Island) is a small coral atoll in the central Pacific Ocean situated just south of the Equator and just west of the 180th meridian. It lies in the Phoenix Island Chain and is part of the Republic of Kiribati.

Nauru

Posted to Maritime Musings (by Dennis Bryant) on December 17, 2010

Nauru is a small island nation in the South Pacific Ocean. It is located south of the Federated States of Micronesia; west of Kiribati; north of the Solomon Islands; and east of Papua New Guinea. Nauru consists of a solitary island with a land mass of 8.1 square miles, surrounded by a coral reef.

Carriers warn Vale's big bulkers will dampen rates

Posted to Far East Maritime (by Greg Knowler) on December 9, 2010

The dry bulk shipping business is going through a tough time. It is an incredible 80 percent down on the market peak in May 2008, and rates have led carrier operators on a wild and volatile ride ever since. The industry is currently oversupplied with bulk carriers…

Los Angeles and Gambol Industries Get Closer to the Rocks

Posted to Martin Rushmere (by Martin Rushmere) on December 2, 2010

Bond ratings for the Port of Los Angeles might just be getting a downgrade within the next year, and by extension, so will those for Long Beach. The Gambol Industries shipyard controversy will be the reason. Gambol's objections center on cost…

No point in trying to prolong Hong Kong’s maritime hub position

Posted to Far East Maritime (by Greg Knowler) on November 30, 2010

Earlier this week a coalition of maritime industry groups called for the government to establish a policy bureau to strengthen Hong Kong's position as an international maritime centre. The alliance, comprising the Hong Kong Shipowners' Association…

Vizhinjam to become major transshipment port in S. India

Posted to Vizhinjam to become major transshipment port in S. India (by Joseph Fonseca) on November 29, 2010

Vizhinjam, a port located near the Southern tip of India and close to the international shipping route is being developed into a major transshipment port. Once completed it is expected to attract annually over 10,000 ships that is half the number that pass through the Suez Canal.

GlobalMET Charts a new course at India chapter

Posted to GlobalMET Charts a new course at India chapter (by Joseph Fonseca) on November 22, 2010

With focus on charting a new course the Global Maritime Education & Training Association (GlobalMET), which boasts of 106 members based in 35 economies, held its annual conference in Mumbai on 20 November 2010. Held jointly with the Nautical…

Crew Expenses the Big Factor as Ship Operating Costs Rise

Posted to Crew Expenses (by Jocelyn Redfern) on November 19, 2010

Vessel operating costs are expected to rise by 3.2 per cent in 2010 and by 3.5 per cent in 2011, with crew costs identified as the category most likely to produce the highest levels of increase, according to a new survey by international accountant and shipping consultant Moore Stephens.

Coping with shifting cargo patterns will take some doing

Posted to Far East Maritime (by Greg Knowler) on November 18, 2010

In previous years the peak season for shipping out of Asia was around August to October. Huge volumes of containers left busy China ports and sailed off on full vessels for Europe and the US. Container lines slapped on hefty peak season charges…

Strategic Local FPSO Builders Chosen

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on November 15, 2010

There was still a need for a tender process to select which local company would be responsible for the construction process of the first 8 FPSOs to be built from a total of 40 FPSOs originally calculated to be needed for the pre-salt development.