DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2014 – 179newsletter.maasmondmaritime.com/pdf/2014/179-28-06-2014a.pdf · The International Marine Contractors Association (IMCA) has

DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2014 – 179

Distribution : daily to 30.000+ active addresses 28-06-2014 Page 1

Number 179 *** COLLECTION OF MARITIME PRESS CLIPPINGS *** Saturday 28-06-2014

News reports received from readers and Internet News articles copied from various news sites.

Iskes tug & Salvage Hybrid tug BERNARDUS assisting the bulker HERCULES in the Vlot harbour in

Amsterdam Photo : Piet Sinke – CLICK on the photo !!

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The STENA SCOTIA, while approaching Gravesend. The STENA SCOTIA will replace the NORSKY and the NORSTREAM on the Tilbury -Zeebrugge route, during their drydockings in the next weeks. Photo : Capt. Julian Jager Master m.v. Norstream (c)

Petrobras offshore oil rights may cost 50 pct more than expected

Brazil's Petrobras may have to pay as much as 22 billion reais ($10 billion) by 2018, or 50 percent more than first announced, for new offshore oil rights that a cash-hungry government decided to sell the state-run oil company on Tuesday. The analysis of the transaction by Reuters is based on the top of a range of oil price forecasts by the U.S. Energy Information Agency (EIA) and exchange-rate estimates collected by Brazil's central bank. On Tuesday, the government said that Petrobras will pay 15 billion reais by 2018, with 2 billion reais coming into its coffers this year for 9.8 billion to 15.2 billion barrels oil and equivalent natural gas rights in four offshore prospects. The upper level is equal to Brazil's total proven oil reserves. That oil is in addition to the 5 billion barrels of oil rights Petrobras bought from the government in an oil for stock swap in 2010, but estimates of the amount of oil in the areas has grown since

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then. The government's estimate is based on a average exchange rate of 2.20 reais to the dollar and Brent crude oil priced at $105 per barrel. Even though Petrobras is getting the new rights for far less than it paid in 2010, investors reacted negatively. Since Tuesday, Petrobras shares have fallen 5.4 percent. The company, the world's most indebted and least profitable oil major, has seen production fall despite spending more than any other oil company on expansion in recent years. The amounts coming to the government after the initial 2 billion reais payment, would be considered pre-payments of the government's share of all oil produced and would be equal to 61 million barrels of oil, the government said. All those payments will come years before any of the new oil is produced. The value of that oil would be based on the price of Brent crude in the month before the payment and converted at the current exchange rate. If the price of oil rose to $148 a barrel in 2018, as the top EIA estimate predicts, and the exchange rate weakens to 2.60 to the dollar in 2018, as indicated by Brazil central bank estimates, Petrobras pays about 22 billion reais. At the lowest EIA forecast of about 69 dollars a barrel in 2018, Petrobras would see its projected payment to the government fall to 12.1 billion reais. Adriano Pires, head of the Brazilian Infrastructure Institute considers the lower estimate more likely, but still worries that the contract with the government links its financial fortunes to variables it cannot control. "Petrobras is a hostage to the price of oil and the exchange rate," he said. "The government is betting that oil output will grow and that the excess will finance the company, but there are doubts about the how much Petrobras production will advance." Source : Reuters

The 2003 built CYM flag yacht OCTOPUS entering Grand Harbour, Malta on Friday 27th June, 2014 coming from Siracusa, Sicily. Octopus is a 414 foot (126 m) megayacht owned by Paul Allen, the co-founder of Microsoft. Delivered in 2003, it was believed to be the biggest such yacht at the time of its construction. It is currently the world's 14th largest superyacht, the fifth largest superyacht not owned by a head of state, and the largest expedition yacht. Photo : Capt. Lawrence Dalli - .maltashipphotos.com (c)

New Guidance for Offshore Wind Crew Transfer

One of the activities specific to offshore operations is the transfer of personnel between vessels and other offshore structures. Such transfers can include movements of personnel at crew change and shift change from vessel to vessel and also between vessels, offshore structures (including offshore wind turbines), barges and crew boats as well as to and from the quayside. Safety of transfer is of paramount importance.

The International Marine Contractors Association (IMCA) has revised its ‘Guidance on the transfer of personnel to and from offshore vessels and structures’ (IMCA SEL 025 Rev. 1 / IMCA M 202 Rev. 1) to include the equipment and practices that are currently used in the offshore renewable energy industry.

“Within the offshore industry, particularly in the offshore renewable energy industry, there has been an increase in the requirement for the transfer of personnel to offshore vessels and structures, with this trend set to continue,” explains IMCA’s technical director, Jane Bugler. “Personnel transfers in the offshore renewable energy industry primarily involve transfer to and from vessels of 10m to 30m in length, operating independently from a mother vessel or from a port.

“Our document provides guidance for the offshore industry on the safe transfer of personnel at sea, covering risk assessment, training and competence, responsibility, equipment and communications; and focuses on the main methods of personnel transfer between vessels, offshore structures and the quayside.” These primary methods of personnel transfer are personnel transfer carrier; gangways, bridge or accommodation ladders, including motion-

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compensated hydraulic gangways; small boat or launch; larger crew boat or support vessel; mating ‘surfer’ structures allowing personnel to transfer safely. For each case the document covers the main safety issues and gives some information about the specialist equipment that may be involved, such as ‘surfers, as well as special duties or responsibilities of personnel involved, particularly with regard to communications. The document does not cover personnel transfer by helicopter which is a separate subject adequately addressed elsewhere. The document can be downloaded free of charge from the IMCA website. Source : Marex

Global LNG prices drop to lowest levels since April 2011

Asian spot prices for liquefied natural gas (LNG) dropped to their lowest level since the Fukushima nuclear crisis in Japan pushed up energy prices in March 2011 as low summer demand in the northern hemisphere was met by rising Asian output. Spot LNG prices for new front-month August delivery fell to around $12 per million British thermal units (mmBtu) this week, over 40 percent lower than at the beginning of the year. "Milder-than-usual weather in May and June has helped keep Asian demand modest. Supply is broadly ticking over, with the positives (Algeria, Nigeria and the first cargoes from Papua New Guinea) just outweighing the negatives (Egypt and Angola)," said consultancy Energy Aspects in a research note this week. "The market is not so much treading water as diving to the bottom," they added.

Mild weather and high inventory levels in Japan and South Korea, the world's top two LNG importers, as well as in Europe, have kept a lid on demand for the fuel so far this summer. Because LNG demand in Japan and South Korea has plummeted this spring, Qatar has been sending more cargoes than usual to Europe. Reuters data shows Britain's LNG import volumes this spring have been at their highest levels since 2012. But analysts said that Asian prices may be close to bottoming out as the region switches from the low demand spring season to the high demand summer air-cooling period which will be followed by the peak demand winter. "I would expect Asian spot LNG prices to rise back to around $14 per mmBtu by late summer and towards $17-18 by winter," one LNG trader said.

ALGERIAN LNG TO EGYPT

On the Pacific supply side, analysts said that Indonesia's Bontang liquefaction plant had been performing above market expectations, while Exxon Mobil's Papua New Guinea facility had started production earlier than planned. In Africa, Angola's trouble-prone LNG export plant has not been exporting since April and will likely remain shut until the middle of next year,. "Angola LNG is becoming a textbook case of a failed infrastructure project," Energy Aspects said. In northern Africa, Algeria sold five 145,000 cubic metres cargoes to Egypt for delivery this year. Egypt, traditionally a gas exporter, is seeing steadily declining gas production while a rising population and government fuel subsidies is seeing domestic consumption soaring, triggering the country's worst energy crisis in decades. Traders said the delivery price for the cargoes was between $10-11 per mmBtu each, although these figures could not be officially confirmed. There was also some uncertainty over the delivery of the gas, as Egypt currently has no regasification terminal that would allow the LNG to be fed into the country's gas grid. "They could engage in a swap deal with one of the companies active there so that Egypt can keep its own gas for domestic use," one analyst said. Another option for Egypt would be to wait until a Floating Storage Regasification Unit (FSRU) it ordered last month, but that would delay the imports until at least the third quarter, too late to ease the crisis during the summer. Source : Indiatimes

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20-06-2014 : Three Toisa Sisters at anchor in Aberdeen Bay, L to R Toisa Elan, Toisa Envoy, & Toisa Explorer.

Photo : Iain Forsyth (c)

World's largest ship docks in south China

BEIJING: The world's largest ship in service has made its maiden voyage to the southern Chinese port city of Guangzhou. MADISON MAERSK, one of the nine enormous 'Triple E' vessels owned by Maersk Line, docked in Guangzhou Port's Nansha Terminal yesterday and began unloading its cargo. The docking is regarded as a major step in Maersk, the world's largest container liner company, exploring the Chinese market; state-run Xinhua news agency reported. At 400 meters in length, 59 meters in breadth and 73 meters in height, Triple-E vessels can hold 18,000 twenty-foot equivalent unit (TEU) containers, the largest container capacity of a single vessel in the world.

The name of the vessel refers to 'Economy of scale', 'Energy efficiency' and 'Environmentally-improved'. "From docking, MADISON MAERSK is scheduled to stay in Guangzhou for 28 hours, during which time more than 12,000 TEU containers will be loaded and uploaded", said Chen Hongxian, chairman of Guangzhou Port Group. "Receiving the vessel was a test for us. We're happy we passed it. It proves we have reached a new level with our facilities and services," Chen added. PTI K

Carnival Vista design and plans remain elusive

It’s been almost a year since we first learned of the Carnival Vista, and in that time details of the ship have been a little scarce to say the least. We knew that it was going to be a ship centered on fun and that it will look different to any other ship in the fleet. We also learned that the first steel had been cut in February. The only other news we have learned is that another ship will follow Vista, or maybe even two. However, what people are really hoping to learn are details of Carnival Vista design and plans, but as you would expect these have remained elusive. The reason for the



interest is because Carnival has said Vista will look very different to anything we have seen from them before, and so it makes us wonder just how different its design can be? This is also the case with plans because if the look of the ship is different, then so will the Vista deck plans. However, with there still being 18 months until the new ship enters service, it is highly unlikely that we will be treated to any more details from Carnival any time soon, you only have to look at how secretive P&O were with Britannia. Source : Cruise Ship News

Jumbo orders 2nd Deepwater Deployment System

Jumbo has recently decided to award Huisman a contract for the design and construction of a 2nd Deepwater Deployment System (DDS). This system will be integrated on Jumbo’s DP2 Heavy Lift Vessel (HLV) Jumbo Javelin. The integration is planned to be completed by the third quarter of 2015. With this investment not only Jumbo’s “Fairplayer”, but also the “Jumbo Javelin” will be equipped with a DDS. Both vessels are state of the art DP2 HLVs with 2 x 900T revolving cranes.

The patented DDS system allows direct lowering and accurate positioning of subsea structures in water depths up to 3,000m. Jumbo’s dual-crane subsea lowering capacity, with DDS, qualifies as the best in the subsea world.

DDS “Wet” Hook Capacity

@ 1,000M - 1,000T @ 1,500M - 660T @ 2,000M - 430T @ 3,000M - 200T

Manager of Commerce Roddy Lafontaine states: “our vessels have proven to be able to safely and efficiently install large, heavy and complex subsea structures, including the provision of complete deep-water mooring systems. Having both Jumbo Javelin and Fairplayer with DDS, allows us to better serve our clients in the growing deep-water market with added capacity, availability, schedule flexibility and back-up”.

Deepwater Deployment System (DDS)

The DDS for each crane essentially consists of a Storage Winch (ø 50mm/14km), Traction Winch (70mT) and wire guidance system. This system feeds the main hoist blocks of each mast crane (900T/ea). With this integrated system we maintain the full crane functionality at any depth.

Otto Marine Sells AHTS Triplet Otto Marine Limited informed that its subsidiaries, Dolphin 2 Pte. Ltd., Dolphin 3 Pte. Ltd., and Dolphin 4 Pte. Ltd., have signed a Memorandum of Agreement to dispose of three of their vessels. The 6,000 bhp Anchor Handling Tug SupplyVessels (AHTS) GO Avior, GO Hawk and GO Harrier have been sold to Go Marine Services (M) Sdn. Bhd., a company incorporated in Malaysia, for a sum of $37.5m. The Otto Marine’s board believes that this transaction is in the best interests of the company and its shareholders, seeing that the purchase price took into account the proper



market value of the vessels, and the gain from the transaction would improve the liquidity of the company and its subsidiaries.

Remove Costa Concordia now, Italian minister says

The ship has been on the coast of the island of Giglio since it ran aground in 2012

Italy's emergency commissioner urged the immediate removal of the shipwrecked Costa Concordia Thursday. Franco Gabrielli said the cruise ship "must leave as soon as possible." The ship sank after striking rocks off the coast of the island of Giglio in 2012, leading to the deaths of 32 people aboard and the continuing trial of its captain, Francesco Schittino, Altero Matteoli, president of a public works commission, said the ship could be towed to the nearby port of Piombino for dismantling and disposal, instead of towing it to Genoa, as the original plan suggested. A meeting Wednesday, to approve the original plan, failed to reach consensus by the stakeholders. Costa Cruises, the Tuscany regional government, and the province of Grosetto each voted against sending the Costa Concordia to Genoa. Gabrielli noted the transfer of the ship to Genoa could take up to a week and be affected by adverse weather conditions Source : upi

Bumi Armada, subsidiary to issue sukuk Bumi Armada Bhd, along with its wholly-owned subsidiary, will issue a Sukuk Murabahah to the tune of RM1.5 billion. The first issuance of the Sukuk Mura-bahah will be made within two years from the date of authorisation by the Securities Commission on March 26 2014. Proceeds from the sukuk will be put towards the financing of capital expenditure, working capital, general funding and financing requirements for the company and its subsidiaries Source : NewStraitsTimes

Oil platform's topside section en route to Filanovsky field

The central processing platform (CPP) topside section on June 25 departed the seaport of Astrakhan and is bound for offshore V. Filanovsky field developed by LUKOIL in the northern part of the Caspian Sea. The CPP's topside is passing now in tow the Volga-Caspian Sea Canal, Rosmorport said in a press release. To perform the towage operation for the large-sized section Rosmorport dispatched four 1 class pilots from its Astrakhan branch pilot service. To ensure safe passage of the convoy, Astrakhan branch of Rosmorport in 2013-2014 deepened the

canal dredging nearly 3 million tonnes of sediments. The convoy, including tugs, semi-submersible heavy-lift barge and the topsides, is 300 meters long, 64-meter wide, 45-meter high with draft of 4.2 meters. The Astrakhan branch has an extensive experience in providing safe escort of such huge objects on the Volga-Caspian Sea shipping canal, however



this year the canal water level declined making the operation complicated. The CPP topside section is expected to arrive at the site in the Caspian Sea and to be installed in early July. Source : PortNews

MAASMOND NETWORKING DAY 2014(2) Whilst the Flamingo’s were playing the songs, with the super hit “Ik ben

Harry van de Copacabana” (where Holland will win the soccer WorldCup in the finals at July 13th ) some of the guest were very busy ( and sweating) with raising the sails until the EENDRACHT was under “full Sail

When sailing along the Dutch coast with a NW-ly breeze of 4 bft All persons onboard enjoyed the music, drinks and the good food served by the crew of the EENDRACHT The first visitor was the pilot helicopter OO-NHU which was enroute an arriving bulker to deliver the 2 pilots made a fly-past along the EENDRACHT and Marine pilot Rene van Essen made

the beautifull birds-eye view photo of the EENDRACHT nearly under full-sail as seen above flying also proudly the MAASMOND MARITIME flag on portside In the meantime from Texel Airport the Flying Focus Cessna Skymaster went airborn and headed South along the Dutch coast bound for a rendez-vous with the EENDRACHT.










For almost 30 years Flying Focus is specialized in maritime aerial photography. Since the company’s start up in 1984

thousands of ships, seatrials, maiden voyages, special cargo transports, oil platforms etc. have been photographed. Great exposure was generated by their photographic work of ships in rough weather on the North Sea. The for this purpose especially acquired aircraft, the twin engine Cessna Skymaster, can fly with winds up to 10 Beaufort! All the 4 company owned photo aircraft are equipped with the required safety gear as well as communication and

navigation equipment. The aircraft are based at airfields in Hilversum and Texel so nearly all photoflights can be executed most efficient. On a regular basis Fying Focus is operating for

projects further away ranging from the Arctic Circle to the Atlantic Ocean. Click on the logo on the top of this

page for more information

about FLYING FOCUS The

Cessna Skymaster

made several passes along the

EENDRACHT from full speed to very slow, a little later Westcoasting’s FELIS made a pass along the EENDRACHT whilst heading for IJmuiden port.








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in the afternoon it was time to head back to IJmuiden after the team lowered all the sails of the schooner the breakwaters were passed and the EENDRACHT headed for the Voldendam kade in IJmuiden, Maritime artist Ronald van Rikxoort made for this trip a special water color, showing the Iskes tug GINGER navigating alongside the EENDRACHT , all guests onboard and the volunteer

crew onboard the EENDRACHT during the day received a copy of this water color as a rememberance of the day, the original watercolour was purchased by Iskes Tugs & Salvage and will get a place on the wall in the Iskes office in IJmuiden , prior leaving the EENDRACHT and heading home a perfect dinner was served by

the crew! herewith Elizabeth, Alexander

and myself like to thank on behalf of all guests onboard during the Maasmond Maritime Networking day, Capt Poul

Sanderse of the EENDRACHT and his crew onboard, Nicole and the office team for the excellent day ! the good food cooked in the galley by the catering crew, as well the FLAMINGO’s which 3 guys made the perfect atmosphere onboard with their songs, ISKES tugs & Salvage Svitzer Harbour tugs,the Dutch pilot Assocation, the crew of the pilot tender LACERTA, for their participation and cooperation as well the crew of the pilot helicopter OO-NHU, Marine pilot RENEE van ESSEN for the beautifulll birds-eye view of the EENDRACHT, FLYING FOCUS

for their participation with the Cessna Skymaster, Westcoatings FELIS, but last and not least the KNRM, and the crew of the all-weather IJmuiden based lifeboat KOOS VAN MESSEL for the demonstration given for more information and donations to the KNRM please CLICK on the KNRM LOGO ! Photo’s of the event made by :







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Anja van Rijs, Jan Oosterboer, Joop Bartels, Michiel Goedkoop, Helen Hoogendijk, Marcel Coster, Anthoinette Coster . Dirk van Uitert, Peter Herweijer, Cees Kloppenburg, Kees Torn and Piet Sinke. Just CLICK on the photos above to view the High Resolution version ! Click at the link below to see Kees Torns 16 minutes movie of the Maasmond Maritime Networking day at :

://www.youtube.com/watch?v=UciA-fRFZrQ&feature=youtu.be

and Cees Kloppenburg’s movie at :

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KiwiRail rejects Winston Peters' suggestion

KiwiRail has rejected a suggestion from NZ First leader Winston Peters that troubled Interislander ferry Aratere has blown an engine while en route to Australia following its two dry dockings at the Keppel Shipyard in Singapore.

Peters called on Transport Minister Gerry Brownlee to immediately explain what had happened to the ferry on its return journey to Wellington, via a scheduled fuel stop in the Australian port of Gladstone after its 14 weeks of refurbishment in Singapore. "We call on the Transport Minister Gerry Brownlee to immediately explain what is happening with the ferry and to explain why this problem has followed a supposed repair job in Singapore.

"He should clarify the reports immediately. Mr Brownlee has presided over this shambles for far too long," Peters said in a statement. Commenting on Peters' statement Interislander general manager Thomas Davis said one engine was out of action due to mechanical issues unrelated to the Singapore dry docking. "This will be addressed once she is back in New Zealand. The engine has not 'blown up', rather it was the sort of fault that does occur from time to time in any vessel,'' Davis said. He said Aratere had significant engine redundancy and this had been installed as part of the extension work. ''She has six engines, and generally operates on a maximum of four, which she is doing at present, so a fault in one any engine has no impact on her speed or performance in any way,' Davis said. Aratere is steaming towards Gladstone for refuelling. ''The Gladstone bunker is unavailable from 23 to 26 June for maintenance - this was always known. The late departure from Singapore because of more extensive trials and fault-fixing has meant the bunkering will take place on June 27." Aratere is now expected back in New Zealand in early July, two months later than former KiwiRail chief executive Jim Quinn predicted when the ship left Wellington in early February. Aratere's starboard propeller shaft snapped in Cook Strait on a routine sailing from Picton to Wellington on November 5. Aratere's replacement ferry, the Swedish owned Stena Alegra will end its six-month charter with Interislander at the end of this month. Source : TVNZ

Degremont awarded E&P contract for two Petrobras FPSOs in Brazil

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Degremont has been awarded a new contract for the E&P of water treatment units to equip two floating production storage and offloading (FPSO) vessels. Ordered by Petrobras, the FPSO units are designed for the ultra-deep oilfields offshore Brazil. The oil has to be extracted under water depths up to 2000 m, making the production process highly complex. The contract covers the design and supply of two sulphate removal units and two reverse osmosis units for oil dilution. The sulphate removal units will enable the treatment of seawater in order to make it suitable for water injection. It prevents from clogging the porous rock reservoirs and contributes to enhanced oil recovery. The reverse osmosis units will enable the transformation of seawater into fresh water, allowing the removal of salt from crude oil.

Recently in 2013, Degremont was already awarded the E&P contract for designing and providing five water treatment units (three sulphate removal and two seawater desalination units) for another three FPSOs platforms of pre-salt Brazilian oil reserves at Petrobras projects, thereby winning 60% of the orders of the Brazilian market. Marie-Ange Debon, Deputy Chief Executive Officer in charge of International activities for Suez Environment, says: “We are pleased to participate in such an important and challenging projects with Petrobras as a final client. This new contract illustrates our ambition to become the leading player in the high-potential upstream oil and gas market. Globally, the industrial water market is one of the company’s four strategic priorities for growth where we intend to reach a 10% annual growth between 2012 and 2016.Source : Energy Global

Minehead RNLI rescue stranded motor cruiser A COUPLE left stranded when their motor cruiser broke down were towed to safety by Minehead’s RNLI lifeboat crew on Wednesday evening. The pair had set out from Watchet marina in late afternoon, but the boat developed an electrical fault and the engine could not be restarted for the return journey. They called for help and Minehead’s Atlantic 85 lifeboat was alongside the cruiser off Doniford within 20 minutes. Crew member Paul Hobbs entered the water to attach a line and remained on board the vessel while it was towed back to Watchet harbour. Helmsman Richard Gay said: “It was a bit of a race against time because the tide was falling and the marina gate was due to close, but we made it with about 20 minutes to spare.” Source : TheWestcountry

Shanghai ranks 7th among international shipping centers

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Shanghai ranked seventh among international shipping centers, according to the Xinhua-Baltic Exchange International Shipping Centers Development Index that launched today. Singapore took the top spot with high performances in both maritime services and physical throughput, followed by London and Hong Kong. Rotterdam, Hamburg, Dubai, Tokyo, New York and Busan rounded out the top 10. The first index of its kind to measure shipping centers worldwide was jointly launched by CFC Holding Company Ltd, a subsidiary of Xinhua News Agency, and the Baltic Exchange.

A total of 46 international shipping centers had been evaluated in terms of port facilities, maritime services and overall environment. “A fully fledged and modern shipping center needs to demonstrate a full range of services for cargo exports and imports, container traffic and maritime services including shipping brokerage, finance and insurance,” said Jeremy Penn, chief executive officer of the Baltic Exchange. Shanghai remained the world’s busiest container port in 2013 with container throughput rising 3.3 percent to a record 33.6 million TEUs (twenty-foot equivalent units).

Marcus Lee, chief representative in China of the Baltic Exchange, said Shanghai has strengths in port facilities and infrastructure but lags behind in the provision of maritime services. “However, with the pace of China’s growth and its opening up to international markets, new policies are constantly issued to encourage and attract international businesses as Shanghai is striving to grow into a recognized international shipping center by 2020,” said Lee. Source: Shanghai Daily

Dry bulk market still looking for upside The dry bulk market has kept up its lacklustre performance during the past week, as evidenced by the course of the Baltic Dry Index (BDI). The BDI ended yesterday further down by 22 points, to 824, well below the 1,000-point mark. All major segments fell yesterday, with the Capesize market leading the fall. According to this week’s report from shipbroker Fearnleys, in the Capesize market, “the bottom has hopefully been reached for now, with a steady number of fixtures out of West Australia to China at USD 7,75 pmt, as well as handful of fixtures out of Brazil at going freight of USD 21,50 pmt. More activity out of Brazil is expected, which will result in immediate healthier rates. Period activity however still remaining slow with one year levels presently sub usd 20,000, considered too low by most owners”, the shipbroker said.

Meanwhile, on the Panamax front, “this week started slowly with little fresh requirements in both hemispheres and this continued as the week went on. We are expecting the index to set a new all-time low on 4tc average before this week is over. In the Atlantic all operators and owners are struggling to fix their prompt ships. Most ships are still trading, but we expect to see more and more ships dropping anchor soon as a trans-Atlantic round is paying close to zero and fronthaul is now well below USD 10k. It is slightly easier to fix your ship in the east, at least if you are willing to accept aps rates with a low ballast bonus. A pacific round pays around USD 3000 daily. The period market has of course come down as well. But there has been some period activity as we see some owners are willing to take around USD 8000 for a short period as the alternative is so much worse”, Fearnleys said. Finally, on the Handy markets, “in the Atlantic there has been little activity which again has caused rates to slip across all trades. TA´s are now down to Usd 5,500 and it is no doubt that this market is heading south before the summer holidays are upon us. Some owners have been able to clear their schedule with letting ships go for shorter or longer periods and achieving decent rates for same with 12k being done for 2 years. The market in Feast remains quiet and weak but rates are somewhat holding steady. Vessels open Singapore were fixed arnd 8K for trips to India while the ECO tonnage can achieve slightly more. For trips to S.China Supras could fix around 7K. NOPAC is paying arnd 9K +290K BB bss APS. S.Africa is still weakening For trips East rates are around 8,500-9K + 150K BB”, the shipbroker concluded.

Meanwhile, according to shipbroker Intermodal, in the newbuilding market, “the trend of the week prior resumed, with tankers and dry bulkers monopolizing the list of recently reported deals. Prices have not yet witnessed the pressure one would expect under the current overall market environment but the truth is that in most cases the actual discount would not be as obvious, as shipbuilders have been including free extras in their quotes rather than offering straight forward price discounts. This means that actual prices have softened a bit further than what the yards are willing to admit or rather than what current orders reveal. It will be interesting to see how August will pan out for the market, as traditionally there tends to be a step back from over marketing slots during this period and in this instance we might actually get to see the above mentioned discount manifesting on the actual prices. In terms of new orders, the Australian group, Fortescue Metals, has placed an order at Jiangsu New YZJ, in China, for four firm VLOCs (260,000dwt), for a price of US $ 68.75m each and with delivery set between 2016 and 2017″, said Intermodal.

Finally, in the ever-so critical demolition market, Intermodal said that “prices continue to correct downwards in the demolition market and despite the fact that the sales reported this past week appear to still hold around last dones, the reality is that the average bids out of the Indian Sub-Continent are in fact way lower. The Indian Rupee continues to be the main cause of concern here. The currency lost further strength against the US Dollar for yet another week, on the back of local importers displaying increased appetite for the Greenback. The presence of cash buyers, who are



betting on a reverse of the negative climate is still evident though in last week’s sales, the majority of which was once again concluded by Indian breakers at firm levels. The truth is that demo prices have sustained their strength overall during 2014, hence the appetite at these levels is excused if one takes into account the overall performance of the market as well as the resistance of prices during the greater part of the year. The rest of the market remained stable, with activity remaining lackluster overall. Average prices this week for wet tonnage were at around 325-485$/ldt and dry units received about 310-465$/ldt”, the shipbroker concluded. Source : Nikos Roussanoglou, Hellenic Shipping News Worldwide

Svitzer Signs Harbor Towage Contracts with CMA CGM

In Europe, Svitzer will add 5 further ports to the existing 22 served today for CMA CGM. The new agreement will include Maasvlakte in Rotterdam where Svitzer recently started operations, as well as Bremerhaven, Sines and

Liverpool. “At Svitzer we are excited about the expanded cooperation with CMA CGM. We will continue to work closely together to continuously improve vessel turnaround time in the ports. This will naturally be done by closely liaising with pilots, port authorities and terminal operators,” said Marc Niederer, MD Svitzer Europe. Left : The SVITZER LONDON passing Maassluis Photo : Skyphoto Maasssluis ©

In Australia, the newly signed agreement engages Svitzer’s capability in delivering flexible and reliable towage services to the national ship calls of CMA CGM, and specifically within the ports of Brisbane, Port Botany, Melbourne, Port Adelaide and Fremantle. “The agreement with CMA CGM adds to our strong portfolio of customers. We look very much forward to this national cooperation with CMA

CGM/ANL and assisting them in discovering further value within the extensive vessel network in which they operate,” said Mark Malone, MD Svitzer Australia The agreements will be effective from today for a large proportion of the ports, and new operations will be moved to Svitzer as soon as possible thereafter. SVITZER provides towage services with more than 400 tugs in 130 commercial ports all over the world.Source :MAREX

Ordering: East Meets West? The European and Asia/Pacific owned fleets are the largest regional fleets globally and account for 44% and 41% of the fleet in terms of GT respectively. While their share of global ordering has fluctuated over time, eight owner nations within these regions have accounted for around two thirds of tonnage contracted between 2005 and the ytd (857.8m GT). As the Graph of the Month shows, ordering volumes have varied over time. Firm contracting levels 2005-08 saw European owners place almost half of all orders in terms of GT (234.4m GT) with Greek and German owners accounting for 32% of the record 177.7m GT ordered in 2007. The onset of the global recession in 2009 saw the proportion of GT ordered by Asia/Pacific owners outpace that of their European counterparts, averaging 53% in the period 2009-11 with a total 99.5m GT contracted over the period. Since the end of 2011, the share of GT ordered by European and Asia/Pacific owners has been more aligned at 44% and 37% respectively.

Following the downturn in ordering, European owners have seen their share of the global fleet decline from a recent peak of 47% in 2007 to 44% at the start of 2014. Greek owners accounted for 15% of tonnage (124.9m GT) ordered by European owners between 2005 and 2013 and their fleet is now the largest globally. German owners placed the fourth largest volume of orders globally 2005-13 (70.8m GT) with boxships representing around 56% of GT. However, average German ordering volumes fell from 14.3m GT p.a. 2005-08 to 2.7m GT p.a. 2009-13, mainly due to the collapse of the KG financing system. While Norwegian owners ordered less than their German counterparts between 2005 and 2013 (36.6m GT), activity was relatively more consistent over the period with bulkers, tankers and offshore vessels representing around 71% of GT ordered. There has been strong growth in the Asia/Pacific owned fleet over the last decade with its market share rising from 36% at the start of 2005 to 41% at the start of this year. Chinese owners accounted for 31% of the 340.6m GT ordered over this period, with bulkers representing around 62% of the tonnage. While Japanese owners ordered the



most tonnage of any owner nation 2005-8 (75.0m GT), 70% more than Chinese owners, average Japanese ordering volumes have fallen 64% since and stood at 6.7m GT p.a. 2009-13. Similarly, South Korean shipowners, who contracted the sixth largest volume of GT globally 2005-13 (46.1m GT), saw the volume of tonnage ordered decline by 42% after 2005-8 with an average of 3.8m GT ordered p.a. 2009-13. Meanwhile, the volume of GT contracted by Singaporean owners has been fairly stable 2005-13 with 30.5m GT ordered. So, the share of global tonnage contracted by owners in Asia/Pacific and Europe has converged again in recent years. With the European owned orderbook currently 16% larger than the Asia/Pacific region’s (74.7m GT), owners in Europe may maintain their leading share of global GT for a little longer. Recent trends in contracting may be helping to slow the closure of the gap between European and Asia/Pacific fleet ownership. Source: Clarksons

The MISIDA inbound at the Westerschelde – Photo : Huib Lievense ©

Product Tankers: Truncated Trades Temper Ton-Miles

In a recent note, Mcquilling Services said that “much has been said about the product tanker market recently, mainly about tonnage supply. More industry voices are speaking about their concern of over-ordering and too many ships. However, the number of vessels on order and planned for delivery is really only half the story. As long as there is enough demand, any number of ships on order may be acceptable. Concern about oversupply only occurs when there are too many ships relative to demand”. The US-based analyst said that “as a starting point, it should be noted that there is no readily-available information to be had on tanker demand measured in ton-miles. Both historical and projected ton-mile demand data must be synthesized through many steps from basic trade data between countries. Even this data is spotty and somewhat dubious when looking at non-OECD bilateral country trade flows. Perhaps this is why we don’t see a lot of detailed discussion on tanker ton-mile demand. Our demand development process includes a regional grouping of the world which facilitates our tanker market forecasting methodology. This grouping identifies 15 different regions where we track the seaborne movement of crude and refined products. To be sure, there are a

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number of assumptions required to do this, but in the end we account for all relevant seaborne trade in this way, across 225 distinct trades. On this basis we analyze cargo tons transported and the corresponding ton-miles on each of the 225 trades. For clean products, the historical aggregate tons transported for the period 2000 through 2013. Of the 225 distinct trades, 111 had clean products transported on them in 2013″, Mcquilling Services said.

It noted that “we can see clearly a trend of moderate growth (3% compound annual growth rate, CAGR) until 2003 when clean product trade volumes dramatically expanded at 6% CAGR from 2004 through to 2013. This growth was been relatively uniform except for an anomalous year in 2011 when year-on-year growth reached 10%. We see the same accelerated growth in ton-miles beginning in 2004 however, in 2010 it grinds to a halt. We investigated the average miles across trades, and found an interesting result. The relative figure illustrates a dramatic reduction in average miles beginning in 2011 and continuing to date. What could be driving this reduction?” According to Mcquilling, “the extraordinary increase in US Gulf products exports on the back of the North American shale play has been heralded as a demand generator for product tankers. We speculate that in fact, changes in clean product trades worldwide have actually destroyed demand for product tankers since 2010. To test this theory, we deconstructed the results of global product cargo transported by sea into those exported from the North American East and Gulf coasts versus the rest-of-world. We did the same for total ton-miles. The results of this exercise showed that product cargoes transported from North American East and Gulf coasts grew by about 18 million tons from 2010 to 2013. Growth in tons exported from rest-of-world grew 31 million tons. An additional demand of 71 billion ton-miles was added from North America, but rest-of-world product tanker demand declined 36 billion ton-miles. Based on the growth in North American exports and the previous growth trend in overall demand, we should have seen a 127 billion ton-miles increase from the rest-of-world”. The company stated that “this finding gives some basis for our speculation. The US Gulf exports have certainly contributed to demand growth, but is seems that overall, the effect on global product tanker demand has been detrimental. Rest-of-world trades were increasing in length at an even faster pace, until 2010 when rest-of-world product export trades show a precipitous decline, just as US Gulf product exports were ramping up. The foregoing is a high-level analysis of clean demand. It suggests that product tanker demand growth has undergone a dramatic shift downwards since 2010, driven by substantially reduced average trade lengths. This conclusion is based on global trade data, and so accounts for all demand increases and decreases across 225 trade routes. Additional work on both geographic and temporal trade analysis is indicated to determine exactly where the declines have taken place. It would also appear, given the magnitude of the product tanker orderbook that, relative to tanker supply, product tanker demand is not keeping up and the reason may be the negative influence on ton-miles that US Gulf exports seem to represent. We’d be interested in hearing your views”, Mcquilling Services concluded. Source : Nikos Roussanoglou, Hellenic Shipping News Worldwide

NAVY NEWS

Brunei armed forces commander meets top Singapore defence officials

The Commander of the Royal Brunei Armed Forces, Major-General Pahlawan Mohammad Tawih Abdullah, met top Singapore defence ministry officials on Thursday. After calling on Minister for Defence Dr Ng Eng Hen and Chief of Defence Force, Lieutenant-General Ng Chee Meng, he visited the SAF Centre for Military Experimentation and Changi Command and Control Centre at Changi Naval Base. The visit is part of bilateral exchanges to foster rapport between the armed forces of Singapore and Brunei. Source : straitstimes.

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USS Adams Museum one step closer to docking at Shipyards

The USS Charles F. Adams Naval Ship Museum proposed for the Shipyards property Downtown moved this week a step closer to its grand opening. Legislation to authorize the Downtown Investment Authority to execute a development agreement between the city and the Jacksonville Historic Naval Ship Association Inc., 2014-426, was introduced to City Council on Tuesday by council member Bill Bishop. It’s the next step in the many steps required,” said Joe Snowberger, association commodore and CEO. The bill sets out a 10-year license agreement with two five-year renewal options. In addition to

moving the Cold War-era guided missile destroyer to Jacksonville and mooring it along a pier at the Shipyards property, the association also would construct, operate and maintain a naval museum at the site.

Snowberger said that portion of the project includes some improvements to the pier, a parking lot and a welcome center for visitors. The vessel’s first mission was to take part in the blockade of Cuba during the Cuban Missile Crisis. The Adams spent 21 of its 30 years in service stationed at Mayport Naval Station, which inspired the association’s motto “Bring home the Adams.” The final application for donation of the Adams must be submitted to the U.S. Navy by Monday. The 150-page application includes submitting business and fundraising plans, he said. The association anticipates its application could be approved by the end of September.

Then the Adams will be inspected by the U.S. Environmental Protection Agency to confirm the vessel is environmentally fit for transport and use as a public floating museum. Assuming the process proceeds on schedule, Snowberger said the Adams could be towed to Jacksonville as soon as six months after the association’s application is approved, but certainly before December 2015. In the meantime, he said, the association will present the site and museum design to the Downtown Development Review Board and then apply for city permits for construction.

Restoration of the destroyer will begin before it leaves the Philadelphia Naval Shipyard, where it has been berthed since 1990. The exterior refurbishment will be complete when it’s towed into the St. Johns River, Snowberger said.

At that point, the Adams will be berthed either at its new home at the Shipyards property or at a temporary location for further restoration of interior spaces. Snowberger said about 90 days after the Adams arrives in Jacksonville, it will be ready to open to the public. Snowberger said the association has secured a letter of credit to cover the cost of bringing the ship to Jacksonville, but a new fundraising campaign is underway. Myriad sponsorship opportunities and levels, including one-time and recurring donations, are available from a $25 individual membership to the highest level of sponsorship – the $1 million “Plank Owner” level. Snowberger said the association launched the new marketing effort to raise the remaining $1.5 million of the $3.5 million budget for the project. “We’re talking to corporations and even some smaller businesses about naming rights. It’s an opportunity for a company to have a legacy branding impact,” he said. “But with memberships starting at $25, there’s a way for everyone to get involved in bringing home the Adams.” Source : JaxDailyrecord

Submarine Rostov-on-Don launched at Admiralty Shipyards

On June 26, 2014, Admiralty Shipyards OJSC held a ceremonial launch of project 636 submarine Rostov-on-Don built for Black Sea Fleet, the shipyard says in its press release. The ceremony was attended by the acting Governor of Saint-Petersburg Georgy Poltavchenko, Navy Deputy Commander-in-Chief, Vice Admiral Alexander Fedotenkov, Vice-President of United Shipbuilding Corporation Igor Ponamorev, etc. Project 636.3 submarine Rostov-on-Don is the second serial submarine being built by Admiralty Shipyards for RF Navy. She was laid down in November 2011. Submarine of project 636 is the third generation of diesel-electric submarines being a modification of the famous Varshavyanka-class submarine. The construction of six submarines of the modified project commenced under the long-term plan of the Ministry of Defence on recovery of naval mission availability and the programme on improvement of diesel-electric submarines. All submarines of the series are named after Hero-Cities or Cities of Military Glory. First submarine Novorossiysk was launched in November 2013 and is completing sea trials now. The construction of the third submarine Stary Oskol is nearing completion. Submarine Krasnodar was laid down in February 2014. This year



will sea the keel laying of two more submarines, Veliky Novgorod and Kolpino. Admiralteiskie Verfi OJSC (Admiralty Shipyards) is a key enterprise of shipbuilding, a centre of conventional submarine building of Russia. The shipyard is affiliated with the United Shipbuilding Corporation OJSC. At the moment the shipyard facilities are fully engaged. A number of contracts are being successfully implemented at the shipyard for domestic and foreign customers. Two series of submarines are under construction now: project 636.1 for foreign Navies and project 636.3 for RF Navy. Besides, the Igor Belousov rescue vessel with the deep-operating vehicle Bester-1 is being built by the Shipyard. The Company’s staff numbers 6,500 persons. Source : PortNews

SHIPYARD NEWS

Great Lakes Shipyard Gains Damen License

Cleveland, Ohio. Great Lakes Shipyard and B.V. Scheepswerf Damen Gorinchem (Damen) have entered into a five-year partnership authorizing Great Lakes Shipyard as an official builder of Damen designs. Great Lakes Shipyard will now offer the best of both worlds, the wide range and international experience of Damen designs, and American craftsmanship from a high quality U.S. builder. This combination creates the perfect environment for further development of proven designs to establish Great Lakes Shipyard’s Damen Series, a collection of marine products for the following markets:

• Harbor and Terminal: Towage and ship assist services such as Stan Tugs, launches, pilots and boats and Harbor Services such as work barges, skimmers, dredgers, and high-speed craft. • Offshore: Fast crew suppliers and sophisticated state-of-the-art deep sea anchor handlers. • Offshore Wind: Wind farm support vessels, fast crew boats, shoalbusters and wind farm maintenance barges. • Defense and Security: The full range of security and patrol vessels, such as Interceptors and Stan Patrols to amphibious support ships and naval auxiliaries. • Public Transport: Ferries, water taxis, and water buses, and double ended. • Fishing: Trawlers and Research Vessels. • Pontoons and Barges: Truckable products, custom pontoons, multi-purpose and submersibles, and crane and specialty barges. Great Lakes Shipyard’s Damen Series is designed by Damen, proudly built by Great Lakes Shipyard, and made in the U.S. The agreement also provides for Damen technical services, including experienced personnel for onsite management and supervision on any and all construction projects. Now, all of the technology and know-how of Damen, including drawings, specifications and design information, is at the fingertips of Great Lakes Shipyard for the benefit of their customers in the United States. Source :MAREX

Two shipyard workers remain hospitalized after crane collapse

Two VT Halter Marine employees remain at USA Health Center in Mobile after two cranes collapsed Wednesday afternoon. That's according to Executive Vice President John Prendergast. The other three employees injured in the

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accident were treated and released from Singing River Hospital. None of them had broken bones. There's still no word on what caused two cranes to collapse at VT Halter Marine in Pascagoula Wednesday afternoon, injuring five people.

Officials say several cranes were being used to move a section of a boat being built at the facility when two of the cranes collapsed. WLOX News talked with one of the employees who was injured and released who said he hurt his leg running from under the crane boom. He also said the two others brought to Singing River Hospital also suffered leg injures.

Thursday employees returned to work and the cranes remained on the ground toppled over, but roped off. Prendergast said OSHA and the crane manufacturer, Manitowoc, were both in Pascagoula Thursday investigating the accident. Employee Joe Drape said a meeting was held Wednesday around 11:30 for all employees on that shift.

"They were letting us know about safety first. That's the main thing, safety first," Drape said. "We can't be in a rush about when we do things like that because the job will get done; we just have to take our time." Several employees, including Drape, said the accident does make them nervous about working at the shipyard. "It do, but I still have to feed my family and take care of what I have to take care of," Drape said. "So we know the chance we are taking when we come here." Multiple cranes were lifting in tandem when there was a failure and two of the cranes collapsed Wednesday afternoon. "Our number one priority is the welfare of the workers," Prendergast said. "Our thoughts and prayers go out to them and their families." "I've been praying for the family," Drape said. "I'm sorry about what happened." There have been other cranes manufactured by Manitowoc involved in accidents. In 2008 one person was killed and three others injured when the crane collapsed, but OSHA blamed the accident on the company operating the crane. In 2007, a crane boom collapsed. Luckily, no one was injured. And in 1999, one person was killed, three others injured when a crane buckled under the restraints and tumbled backward crashing in the street. WLOX News reached out to Manitowoc, but has not yet heard back from the company. Source : WLOX News

Baltic Shipyard ships second Mistral’s stern to France

It will take almost three weeks for the stern of the ship named Sevastopol to reach Saint-Nazaire in France, United Shipbuilding Corporation (USC) spokesperson says

Launch of Mistral stern in July 2013

Russia’s Baltic Shipyard on Thursday, June 26, shipped the stern of the second Mistral-type landing ship to France for assembly. The shipment was initially scheduled for early July. “This means that the Baltic Shipyard has fulfilled all of its obligations to the customer - the STX France shipyard by preparing the stern of the second Russian Mistral for shipment within the time period provided for in the contract,” United Shipbuilding Corporation (USC) spokesperson Alexei Kravchenko said. “The construction of the Mistral ships has been a good experience of working with the French shipbuilders, which I am sure we can use in the future,” he quoted Baltic Shipyard Director Alexei Kadilov as saying. Kravchenko noted that it would take almost three weeks for the stern of the ship named Sevastopol to reach Saint-Nazaire in France where it will be put together with the forebody being built in France. “The ship will be launched in October 2014. After that it will be taken to Russia and, after additional equipping in accordance with the Russian Navy’s demands, will be handed over to the Navy in the autumn of 2015,” the spokesperson said. Washington advised Paris to suspend the deal with Russia. US President Barack Obama voiced his concern about it in Brussels and raised this issue again at a meeting with French President Francois Hollande in Paris in early June. However Hollande said the contract to build Mistral-type ships for Russia was being implemented as scheduled and would be fulfilled in October of this year. The contract signed in 2011 has not been revised and its implementation will be completed in October, Hollande said.



Under the contract, each Mistral ship has to be built by France within 36 months. The first of them, the Vladivostok, is to arrive in St. Petersburg from Saint-Nazaire, France, in December 2014. In St. Petersburg it will be equipped with Russian weapons, military hardware and systems. After that and the crew training, the Vladivostok will sail off to its base at the Pacific Fleet. The second ship, the Sevastopol, will arrive in St. Petersburg in November 2015 to make a voyage to the Pacific Fleet and join it in the second half of 2016. The crews for the two ships (each consisting of 177 members) and 60 instructors, who will subsequently help the sailors operate the ships, are being trained by French specialists. The first stage of training began in February of this year and continued until the end of May. The second stage will take place from June until October in Saint-Nazaire both onshore and onboard the Vladivostok. The cost of training is included in the contract, the spokesperson said. Apart from these two ships, Russia has also purchased French technology for the combat information control and communications systems. Infrastructure for the Vladivostok and the Sevastopol will be built by the end of September 2015. Their base will be completed in the Far Eastern city of Vladivostok by the end of December 2017. On Russia’s insistence, the design of the ships has been changed to make them capable of sailing in northern altitudes and ice-covered seas, increase their dimensions to carry large Ka-28 and Ka-52K helicopters, and to install additional weapons as such air defence systems, rapid-fire artillery guns and large-calibre automatic systems to repel attacks from sea. This will allow the ships to go on missions with fewer escort vessels in tow.

Mistral's construction Two Mistral-type ships are now under construction at Saint-Nazaire, France, and St. Petersburg, Russia. A possible purchase by Russia of two more ships from France will be considered based on the performance results of the first two. The 1.1 billion euro contract for building two Mistral-type ships was signed by the defence exporting company Rosoboronexport and French DCNS in June 2011. The second ship will be named Sevastopol. The shipyard is building two such ships for the Russian Navy under a subcontract obtained from the main contract under the project awarded to DCNS. The shipyard is to build 90% of each of the ships and then they will be floated off to be taken to Toulon for completion.

Left the VLADIVOSTOK moored in St.Nazaire last week Photo : Capt. Jan de Bokx – Compass Marine Services ©

Russian enterprises are also involved in the project. The Baltic Shipyard laid down the keel of one of the two Mistral ships, named Vladivostok, in strict compliance with the approved schedule. A similar ceremony for the second ship named Sevastopol took place in May 2013. Mistral landing helicopter carriers will perform four tasks at the same time: receive helicopters, land troops, act as a command post and a floating hospital. Each ship will carry a group of 16 helicopters. Six of them can be deployed on the flight-deck at the same time. The cargo deck can accommodate more than 40 tanks or 70 motor vehicles. Russia is buying the French helicopter carrier Mistral with French equipment, including combat navigation devices, but will arm it with its own weaponry. The Mistral ships will carry upgraded Russian Ka-32 Alligator attack helicopters. France will transfer a number of sensitive technologies to Russia along with Mistral ships to be purchased by Russia, including the SENIT-9 tactical combat information system installed on the helicopter carriers. In the future, these technologies will be used in the construction of two other Mistral ships in Russia, Rosoboronexport CEO Anatoly Isaikin said. Source : ITAR-TASS

Saab says in final stages of talks to buy ThyssenKrupp shipyard

Swedish defense firm Saab on Thursday confirmed a media report it was nearing a deal to buy German conglomerate ThyssenKrupp's submarine shipyard in the south of Sweden. The Stockholm bourse briefly halted trading in Saab shares on Thursday following a report by business daily Dagens Industri that Saab may soon announce such a deal, with a price tag well below 1 billion crowns ($148.4 million). The paper did not provide sources. Saab and ThyssenKrupp announced in April they were in talks for ThyssenKrupp to sell the unit to Saab after the German group failed to reach a deal with Sweden for a new generation of submarines. "The discussions are at a final stage but still ongoing," Saab said in a statement. "Saab has chosen to clarify the status of these discussions due to information



published in the media." Saab declined to comment on the price tag. ThyssenKrupp also declined to comment. Source : Reuters (Reporting by Sven Nordenstam and Anna Ringstrom, additional reporting by Tom Kaeckenhoff in Dusseldorf; Editing by Alistair Scrutton)

Marine firm McTays invests more than £1m at its Birkenhead shipyard

A Merseyside shipyard firm has invested £1m to up-grade its slipway and other facilities that will allow it to accommodate larger vessels. Bromborough-based McTays will also create around 30 new jobs in Merseyside on the back of securing a contract with waste management company Cory Environmental to build four barges which will operate on the River Thames. Cory Environmental is the largest barge cargo operator on the River Thames, where it transports waste. The opening of the slipway coincides with McTays’ 40th anniversary. The investment follows last year’s acquisition of the shipyard by HS Ocean Group. Following the installation of a new winch, the slipway will be able to take vessels of up to 2,000 tonnes and up to 90 metres in length. It is currently home to the 600 tonne SMIT Tug Zeebrugge for a four-week out of service lay-up. The new

slipway was officially launched during an open day held at the shipyard to coincide with the International Festival for Business 2014. The slipway will enable McTays to provide emergency repair and planned services including hull cleaning, the application of surface coatings, steel hull repair and replacements, mechanical repairs and electrical surveys. Last year the shipyard built a 17-metre tug, The Vital, for Eastham-based Carmet Tug, the sole towage contractor on the Manchester Ship Canal. Carmet’s tugs assist ships to Ellesmere Port, Stanlow and Runcorn. Peter Breslin, managing director of McTays said: “McTays’ other customers include fishing fleets operating off the UK coast, as well as tugs, crew transfer vessels, passenger ferries and offshore supply and support vessels.” It is hoped that being a part of HS Ocean Group will extend McTay’s reach to new markets all around the world. The new owners’ financial strength should also allow the company to bid for more contracts than it has done in the past. HS Ocean Group of Companies includes HSOG which is a leading provider of specialist services to the oil and gas, marine, power and utilities industries worldwide. The company has a network of offices in the Caribbean, Congo, Gabon, Western India, mainland Europe, Malta, South Africa, UK and USA. Source : Liverpool Echo

ROUTE, PORTS & SERVICES Indonesia cracks the whip on Tanjung

Priok congestion The Indonesian government is getting serious about solving the port congestion problem at the main Tanjung Priok Port, with Chief Economics Minister Chairul Tanjung ordering the implementation of measures to improve cargo transit times with the goal of cutting dwelling time by a third to four days from the current 6.2 days by the end of the year, he was quoted as saying by local media. The measures include more stringent oversight of unclaimed containers, encouraging 24-hour operation of port stakeholders, the implementation of an electronic-based system for paperwork, and the expedition of all remaining construction projects in Tanjung Priok Port. All port-related transactions must also use the rupiah as base currency. There will be a concerted effort over the next three months, he said, adding that failure to comply would result in criminal charges.He warned that the government will show less tolerance for exporters and importers whose containers sit in the port for too long. Chairul highlighted the fact that there were many containers that have been in the port for more than 30 days and some cases of as long as two years. He vowed to issue a new regulation within two weeks on the matter. Director general for customs Agus Kuswandono pointed out that according to regulations, containers unclaimed for 30 days will be controlled by the agency, by the state after 60 days, and then after three months the state has the right to take over the cargo.Other measures include instructing port operator Pelindo II to reserve parking spaces for trucks to relieve traffic in the port. Trade Minister Lutfi has been



assigned to be in charge of the implementation of an electronic system for port-related paperwork while deputy transportation minister Bambang Susantono is responsible for expediting the development of port infrastructure. Source: Seatrade Global

…. PHOTO OF THE DAY …..

The Boskalis TSHD WILLEM van ORANJE returned to Southampton port for dredging operations

Photo : Maarten de Wit (c)

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Documents

DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2014 – 179newsletter.maasmondmaritime.com/pdf/2014/179-28-06-2014a.pdf · The International Marine Contractors Association (IMCA) has