SMI Newsdesk Archives

ASF SUPPORTS CCS LINER SHIPPING PROPOSAL

The Asian Shipowners’ Forum has announced its support for the Competition Commission of Singapore’s proposal to extend the block exemption for liner shipping until December 31, 2015.

Currently, liner shipping agreements including conferences, discussion agreements and consortia are exempted from competition laws in the majority of Singapore’s trading partners including the USA, Japan and South Korea.

Yuichi Sonoda, Secretary General of ASF said: “The ASF has its long-standing position Read More…

INTERNATIONAL TREATY TO ACT ON IMPACT of OCEAN INDUSTRY

On Monday October 18, delegates from around the globe gathered in Nagoya, Japan for the UN summit on biodiversity, the Convention on Biological Diversity (CBD) to determine measures to decrease the impact of human activities on the marine environment.

The CBD is a legally-binding treaty consisting of 193 members – 192 governments plus the European Union. Conference documents request governments to adopt measures to prevent significant adverse effects from human Read More…

Wärtsilä and Ecospec team to deliver clean power solutions

Power solutions provider Wärtsilä and Ecospec Global Technology, owner of the CSNOx emissions abatement technology have joined forces to sign a Memorandum of Understanding to work together to provide clean power solutions.

The companies intend to combine their resources to achieve the lowest possible CO2 emissions, near zero SOx emissions and to create the ability to deliver future NOx emissions requirements.

Under the MOU, Wärtsilä must integrate the CSNOx system Read More…

Exmar and Teekay sign vessel purchase accord

Exmar NV and Teekay LNG Partners have reached an agreement in principle whereby Teekay will purchase a 50% interest in two of Exmar’s LNG carriers, the 2005-built Excelsior and the 2002-built Excalibur.

Both vessels are long-term time-chartered to Excelerate Energy. Exmar will remain responsible for the management and operations of the vessels.

The transaction is still subject to the completion of the loan and lease documentation currently in progress with the Read More…

DNV probe Deepwater Horizon blowout preventer

Det Norske Veritas (DNV) has been contracted by the Joint Investigation Team of the departments of the Interior and Homeland Security to undertake forensic examination of the blowout preventer that was fitted to the Macondo well at the focus of the Gulf of Mexico‘s Deepwater Horizon disaster.

The Joint Investigation Team is currently holding the 50 ft, 300 ton blowout preventer at NASA’s secure facility in Michoud, Louisiana.

Protocol for Read More…

Moore Stephens reports first drop in ship operating costs for eight years

International accountant and shipping consultant Moore Stephens reports an average fall of 2% in total annual operating costs in OpCost 2010, its unique ship operating costs benchmarking tool. This is the first time since 2002 that OpCost has revealed a fall in total operating costs, which compares with the 15.8% average increase recorded in OpCost 2009. All cost categories were down this time, except for crew costs, which in recent Read More…

Better management practice rather than force the key to beating piracy

Between 10% and 20% of owners, operators and managers, are continuing to put their ships and crews at risk of pirate attacks off the coast of Somalia by failing to follow industry guidelines on best management practice, the operational comander of the EU NAVFOR taskforce has warned.

Many were failing to adhere to minimum practice of registering vessels prior to transit at The Maritime Security Centre – Horn of Africa Read More…

Bureaucracy and infrastructure issues threaten Ireland’s export-led recovery

Excessive bureaucracy and an infrastructure shortfall at Irish ports could threaten Ireland’s ability to attract major multi-national investment and ignite an export-led economic recovery, a major Irish ports conference at Thomond Park, Limerick heard today.

Speaking at the Irish Ports Association annual conference, which was opened by Transport Minister Noel Dempsey and Northern Ireland MLA and Minister for Regional Development Conor Murphy, CEO of hosts Shannon Foynes Port Company Patrick Read More…

Lloyd’s Register tackles oil transfer agenda ahead of new Marpol rules

Lloyd’s Register has developed a comprehensive plan and checklist to aid safe operations regarding the transfer of oil at sea ahead of the introduction of new MARPOL regulations.

Mark Darley, marine client manager, Lloyd’s Register EMEA said: “The bottom line is preventing oil from going into the sea. Our new plans have been well received and we will help operators to manage this process as efficiently as possible. They still Read More…

Top box lines link to fight piracy

Leading container carriers CMA CGM, Mediterranean Shipping Company and Maersk Line are to exchange information on safety, policy and procedure in a collective effort to combat piracy in the Gulf of Aden and the Indian Ocean.

In a joint statement the world’s leading trio said: “Our first and foremost concern is the safety and security of our crews. Piracy continues to be a problem for the shipping industry and Read More…

Singapore’s Thome raises management competence barrier

Singapore–headquartered Thome Ship Management has become the first third party ship manager to receive full accreditation by DNV SeaSkill for its competence management system. The system supports owners and managers in competence benchmarking and certification services and gives an independent assessment on skills and management systems. It verifies a company’s ability to identify, define, develop and improve the competence of seafarers and those supporting them ashore in accordance with mandatory Read More…

More Europeans are choosing a cruise

The European cruise industry continues to increase its share of the global cruise market despite facing an unprecedented period of difficulty for the world economy. Figures, released today by the European Cruise Council (ECC) at their annual conference in Brussels, show that passengers made 23.8 million visits to European ports in 2009, an increase of more than 9% over 2008, with 4.9 million European residents booking a cruise holiday last Read More…