daily collection of mar itime press clippings 2015 –...

DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2015 – 067

Distribution : daily to 32.300+ active addresses 07-03-2015

Number 067 *** COLLECTION OF MARITIME PRESS CLIPPINGS *** Saturday 07-03-2015

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

HAL’s newbuilding KONINGSDAM was “floated out” from the building dock at

Fincantieri shipyard in Marghera Photo : Jan-Paul Lamers ©

http://www.maasmondmaritime.com/�

http://www.vlierodam.nl/�

http://www.sleepduwvaart.nl/�



IN MEMORIAM

Met grote bewondering en dankbaarheid voor wie hij was is er verdrietig afscheid genomen van

HAN KLOP

Han wel bekend in Hoek van Holland waar hij vele jaren samen met Teun met de Panter personeel en lading voer naar vooral de “baggerschepen” welke rond Hoek van opereerde of de berghaven passeerde

Photo : Jan Oosterboer ©

Han is 76 jaar geworden

De crematie plechtigheid heeft plaats gevonden op zaterdag 28 februari in Breda

**** HAN, RUST ZACHT ****



Your feedback is important to me so please drop me an email if you have any photos or articles that may be of interest to the maritime interested people at sea and ashore

PLEASE SEND ALL PHOTOS / ARTICLES TO :

[email protected]

If you don't like to receive this bulletin anymore : To unsubscribe click here (English version) or visit the subscription page on our website.

http://www.maasmondmaritime.com/uitschrijven.aspx?lan=en-US

EVENTS, INCIDENTS & OPERATIONS

The 2000 Aker MTW Werft GmbH built 278 mtr long 5.468 TEU NEDLLOYD MERCATOR spotted anchored off Singapore last Wednesday with the Maersk logo “painted out” from the funnel awaiting orders the NEDLLOYD MERCATOR is powered by 1 Hyundai Heavy Industries Co Ltd - South Korea built Sulzer 10RTA96C, engine with output of 54,900 kW (74,642 hp) for a service speed of 24.0 knots with 194.20 tonnes consumption per day photo : Piet Sinke © CLICK on the photo and hyperlink in the text !

Due to travelling abroad next week the newsclippings may reach you irregularly

mailto:[email protected]�

http://www.maasmondmaritime.com/uitschrijven.aspx?lan=en-US�


https://www.flickr.com/photos/33438735@N08/16516889917�




http://www.albwardymarine.com/�

https://www.flickr.com/photos/33438735@N08/16724183045/�



A WISE WAY TO MOVE YOUR TONNAGE ACROSS THE GLOBE FOUR FERRIES DELIVERED BY REDWISE IN 2014

Redwise is a leader in the niche market that deals with the delivery of ships on their own keels and under their own powers. A record 64 ships - including four ferries - were delivered this way last year alone and the Dutch ship delivery specialist expects that the total number for 2015 will be similar. Many ships are built in shipyards located far from where the ship will eventually operate. In most cases, the delivery voyages are carried out under the ships’ own powers with the ships’ own crews. Sometimes, small ships, such as passenger-only fast craft or

workboats are carried to their destination as deck cargo. Another option is to take the vessel in tow to its final destination. However, there are also ships delivered to their owners by a third-party crew on an “all inclusive lump sum basis”, for reasons that can vary from the owner’s crews not being licensed for worldwide operations to labour agreements not allowing for crews to make long voyages, or when a great deal of experience and creativity are required to make a

vessel safe and seaworthy for a single voyage. This is when Redwise comes into the picture. “Global ship delivery is a business in its own right,” Willem-Jan Hamers, Redwise’s Managing Director, explains. “We are pioneers in this field with an experience that can be dated back to 1906. The number of companies specialising in ship deliveries is very limited for the simple reason that the market is captive. In our business, experience, creativity, pride and trustworthiness are the buzzwords.”

Despite Redwise being a major player in a niche market, competition with other “delivery modes” such as deep-sea towage and (semi-submersible) heavy transport vessels is fierce. But, as Mr Hamers points out, delivering a ship under its own power is by far more economical. “In short, crew and fuel are the main cost drivers,” he comments. “These are fixed costs anyway, which you also pay when taking a vessel in tow or on a heavy lift vessel. But on top of that you are also billed for the ‘hardware’, i.e. the vessels that deliver your ships, and their de-mobilizations including delay risks when sailing on inducement. What’s more, we keep manning costs down because we operate a safe manning system, lower then required for the larger carrier.”Without compromising on safety, ships are often reflagged to a temporary (bareboat) registry for the purpose of delivery voyage. “When it comes to granting warranted exceptions for safety and communication equipment as well as safe manning for voyages without cargo or passengers,” Mr Hamers explains, “alternative flags may have a more pragmatic approach for a single voyage outside the normal operating area of the vessel, without putting safety of life, the vessel and the environment in jeopardy.” Since the owner of the ship hands his asset temporarily to a third party, insurance becomes an important issue. This is where Redwise’s reputation comes into play. For newbuildings, the builder’s insurance is often extended to cover the delivery voyage. As for existing tonnage, Redwise is often co-insured in the customer’s insurance policy. However, annually Redwise also arranges some 20 H&M and P&I insurances for both builders and owners on single delivery voyages.

Vessel size doesn’t matter, the organization does

By virtue of the captains and engineers having unrestricted licenses, Redwise can deliver any ship type, from a small harbour tug to a large bulk carrier, or as Mr Hamers puts it: “Big or small, we deliver them all, provided they are seaworthy or we can make them seaworthy for the voyage, in conjunction with the owners, the classification society



and underwriter surveyor(s).” Tugs and platform supply vessels made up the bulk of vessels delivered in 2014. Sixty-four ships were delivered in total (38 newbuildings and 26 deliveries), and they covered a total distance of 407,632 nautical miles, equivalent to circumnavigating the globe almost 19 times. Probably the most remarkable deliveries ever carried out by Redwise were three newbuild ferries and one existing ferry crisscrossing the globe simultaneously for a combined mileage of 35,055.

South-Korean sisters for Senegal

All four ferries were delivered during the last two and a half months of 2014. On behalf of Samsung Corporation, Redwise delivered the small ro-pax ferries AGUENE and DIAMBOGNE to the Senegalese Ministry of Fisheries and Maritime Affairs after a 52-day voyage with bunkering stops in Singapore, Port Louis (Mauritius) and Cape Town. Construction of the twin 2,679gt vessels was subcontracted by Samsung Corporation to Dongil Shipyard Co. in Busan (Gamcheon). Rather than transiting the pirate-plagued Gulf of Aden and the Suez Canal, Redwise and its client wisely opted for the longer Cape route around South Africa. Although time is money, in the opinion of Redwise it can never be a reason to put the crew and the ship in danger. “Quality and reliability are key,” Mr Hamers points out. “It’s all about delivering the ship in good shape. Time is then a less important issue.”

Built for domestic coastal service under the supervision of Korean Register of Shipping (KR), the Senegalese sisters required additional safety, navigation and radio equipment for the 11,800-nautical mile deep-sea voyage from Busan to Dakar. In the aftermath of the SEWOL disaster and to facilitate the long voyage to Dakar, the class and flag were temporarily changed for the purpose of delivery voyage. To supplement the limited fuel tank capacities of approximately 100 m³, additional 20 m³ portable MGO tanks were stowed on the 13-truck vehicle decks. Doors that gave access to the shell openings on the ship’s main decks were sealed and water ingress alarms on the ro-ro deck were installed. Redwise arranged for full P&I cover and during the ship’s last bunkering stop in Cape Town, two teams of three Senegalese crewmembers joined the delivery crews to familiarize with the ships and to ensure a smooth handover at destination.

AGUENE and DIAMBOGNE are part of a package deal with South Korea and Samsung Corporation that also includes, amongst others, the construction of the port of Foundiougne-Ndakhonga. The whole project represents the first phase of the “Infrastructure and Maritime Equipment Project” (MIEP I) and is co-financed by the South Korean government.

Following the 5 December delivery by Redwise, the ferries were introduced on the Foundiougne-Ziguinchor route, a coastal service aimed at bringing the country’s remote southern Casamance region - which is partially split from the northern part by the Gambia - closer to Sine-Saloum and the mighty Saloum delta, some 100 km south of Dakar.

From the northern to the southern hemisphere

Delivery of the double-ended open deck shuttle ferry PATHAGON proved to be an even more adventurous undertaking. A crew of nine took the 95.96m long ship from Piraeus to Punta Arenas in Southern Chile with calls in Mindelo (Cape Verde) and Montevideo en route. Built as OKIRROI at the Kouris Shipyard in Amaliapolis (south of Volos, Greece) in 2011, the coastal ferry was renamed PATHAGON after being acquired by Transbordadora Austral Broom (Tabsa) for service across the Strait of Magellan. Redwise relied heavily on word of mouth marketing to win new business and it was no exception with PATHAGON. Its former customer Naviera Austral recommended Redwise to Tabsa, which needed its new acquisition in time for the busy summer season in the southern hemisphere. Despite having to wait for the right weather window in Montevideo, PATHAGAON reached her new homeport ahead of schedule, 48 days and 7,843 nautical miles after having left Piraeus on 22 October.

Sailing in exposed seas proved to be quite a feat for a short distance open vehicle deck ferry designed for operation in tranquil coastal waters. Strength and stability calculations were carried out and the ship was made “Atlantic proof” with both stern and bow ramps being strengthened and welded shut. The uptakes of the four engines were raised and additional scuppers were provided on the main vehicle deck. PATHAGON was also equipped with a new MOB, an oily water separator and upgraded radio equipment. To avoid exposure of the vessel beyond warranty surveyors’



recommendations, PATHAGON made use of weather routing. In addition to ISM/ISPS certification, Redwise also arranged H&M and P&I insurance cover as well as full classification for the voyage. PATHAGON has meanwhile settled down well on the 20-nautical mile crossing between Punta Arenas (TresPuentes) and Porvenir (Bahía Azul) where she replaced the smaller and slower landing type craft CRUX AUSTRALIS. Four Caterpillar engines with a total output of 1,968 kW give PATHAGON a service speed of 11.5 knots. The crossing time has been reduced by 35 minutes to 1 hour 45 minutes. The ferries plying the Strait of Magellan are extremely popular amongst Argentines who have to transit Chile and the Strait to reach Tierra del Fuego, Argentina’s southernmost province, nicknamed “the end of the world”.

A Christmas gift for Norled

The 3,612-nautical mile delivery voyage of the fourth ferry, KVERNSUND, illustrates that flexibility and the ability to act at short notice are one of the secret recipes of Redwise’s success. In the run-up to Christmas, the Norwegian coastal ferry operator, Norled, needed to bring the newbuilding from Sefine Shipyard in Turkey to Harstad in Norway. Sefine Shipyard had been in touch with Redwise before hand and introduced it to Norled, which contacted Redwise at the eleventh hour. Almost immediately a delivery crew was sent to Yalova (Hersek), Turkey. KVERNSUND is a small, 43m open deck, no frills coastal ferry

with a 12-knot service speed. Because of the ship’s vulnerability, the insurers, the flag state and the classification society did not allow her to sail in sea conditions beyond a significant wave height of 1.5m. Unlike PATHAGON, the bow door was not required to be strengthened (because of the 1.5m significant wave height restriction) and the ship retained her Norwegian flag and DNV GL class for the delivery voyage. KVERNSUND was handed over by the yard on 11 November and left her birthplace bound for Gibraltar four days later. The stop in Gibraltar was necessary for bunkering and to wait for a calmer weather condition for sailing along the Portuguese coast before heading into the Bay of Biscay. When sailing up to the English Channel, the weather deteriorated and KVERNSUND had to shelter in Portland. For the same reason, the 748gt ferry also had to make a long stopover in IJmuiden, the Netherlands. On 28 December KVERNSUND finally reached Bergen. From there a Norled crew took her further north to Harstad and prepared her for the service between the isles of Bjarkøy, Sandsøy and Grytøy. Redwise’s business outlook for 2015 is promising with three ferries already being earmarked for delivery, including the revolutionary dual fuel (LNG and MDO) powered F.-A.-GAUTHIER, built by Fincantieri for Société des traversiers du Québec. One thing is certain: there is never a dull moment in the life of Redwise’s delivery crews.

http://www.redwise.com/�



Redwise employs a core team of 85 mainly Dutch captains, engineers and deck officers, supplemented by 40 freelancers who work for the company on contract or an ad hoc basis. Petty officers and ratings from Russia and Indonesia are hired in for each individual project through agencies with whom Redwise has a longstanding partnership. The office staff is limited to 22 employees (16 FTE), including the management, sales team, superintendents, crewing dept., accounting and an employee who is dedicated to correcting nautical charts. Prior to a ship leaving for her delivery voyage, a full set of up-to-date nautical charts as well as a Satcom C station(s), medical kits and manuals, etc. are flown out from the head office in Bunschoten-Spakenburg, the Netherlands. When the ship is handed over by the shipyard or the seller, a Redwise superintendent is on the spot to settle all the arrangements and necessary paperwork, certificates and (interim) audits with the classification society, the owners and the builders. To familiarize with the vessel, the crew joins the ship a few days or weeks before departure, subject to the ship’s complexity.

The SCHOKLAND outbound from Amsterdam bound for Zelzate – Photo : Marcel Coster ©

Brazilians Complete Recovery of Bodies after Oil-Rig Blast

RIO DE JANEIRO – Search and rescue teams have recovered the body of the last of nine people killed in a Feb. 11 explosion on an offshore platform leased by Brazilian state-controlled oil company Petrobras, the owner of the rig said Tuesday.The badly decomposed body was found Monday in a compartment teams had been unable to reach because it was flooded, according to the Norwegian company BM Offshore, which also operates the platform for Petrobras.

The explosion occurred in the engine room of the FPSO Cidade de Sao Mateus rig, anchored in the Atlantic Ocean some 120 kilometers (75 miles) off the coast of Espiritu Santo state. Seventy-four workers were aboard at the time of the blast. Five bodies were recovered within hours of the explosion and four people were declared missing. Thirty-three people were injured and two of them remain hospitalized.Since the blast, operations have been suspended in the platform that was extracting 2.2 million cubic meters (77 million cubic feet) of natural gas per day.Brazil’s oil regulator, the ANP, said the explosion did not cause spills or leaks of hydrocarbons and that the platform has been stabilized, though it has not been authorized to return to operation.source : latin America Herald tribune

Golar LNG and Rosneft to work on floating LNG production

Norwegian shipping company Golar LNG and Russian oil giant Rosneft have signed a preliminary agreement to develop floating liquefied natural gas (LNG) plants in Latin America and potentially elsewhere, Golar said on Thursday. The new



concept of floating LNG production has yet to be tested and the first such plant, owned by Pacific Rubiales and built by Belgium's Exmar, is expected to come on stream later this year. Its output is earmarked for sale to Russia's Gazprom.

Golar and Rosneft aim to sign two agreements that would give the Russian company capacity from Golar's floating gas liquification plants under development, Golar said. Rosneft has long sought to break into LNG trading and production amid rising demand for LNG over the long term. It has plans with ExxonMobil to build an export plant in Russia's Far East to produce 5 million tonnes a year of the frozen gas from 2018, but the project has been hindered by infrastructure bottlenecks and uncertainty over gas reserves. Golar LNG owns and operates LNG tankers but is also working on converting several vessels into production units, which would be moored above offshore gasfields and liquefy the supply for onward shipment. Source : Reuters (Reporting by Oleg Vukmanovic; Editing by David Goodman)

Van Oord’s latest the NEXUS seen enroute Rotterdam – Photo : Hans Visser - www.hdvs.nl © CLICK on the photo ! to see more photos of the vessel made by Hans

Oil production from ONGC's Western Offshore touches 5-year high

The public sector Oil & Natural Gas Corporation (ONGC) has said that crude oil production from its Western Offshore fields touched 325,000 barrels per (BPD) day on March 3, the highest in five years. A press release from the company said production had increased from an average of 315,000 BPD in February 2015 to over 325,000 BPD in

http://www.hdvs.nl/�

https://www.flickr.com/photos/dv-hans/sets/72157651188252395/�

http://www.cfbv.com/�



March 2015.The release said the achievement had been made possible by the continuous endeavours by ONGC to augment production from its ageing as well as new and marginal fields.

The addition of a couple of high producing new wells in a marginal field, B-193, installation of high volume Electrical Submersible Pumps (ESP) in D1-field, undertaking of massive hydro-fracturing job are among some of the initiatives which have resulted in the additional oil gain, it said. However, the diversion of well fluid from Cluster – 7 fields to the newly engaged Floating Production Storage and Offloading (FPSO) vessel, Sterling-II, is the primary contributor behind this recent rise in production, it said.

The Cluster – 7 consists of B-192, B-45 & WO-24 marginal fields - located in the Mumbai High-Deep Continental Shelf of Bombay Offshore Basin. The average distance of these fields is about 210 km to the west of Mumbai city in water depth of around 80-88 mts.

B-192 is an oil and gas field whereas B-45 & WO-24 are gas fields. Since these fields are remote, isolated and marginal in nature, ONGC planned to develop them as a cluster to make the development techno-commercially viable. The FPSO arrived in the field in November 2014. "Positioning of FPSO at location, its installation and hooking-up with under water systems is a highly technical and challenging operation which involves continuous requirement of divers and requires stable weather conditions. Despite the unprecedented harsh winter of 2014, FPSO was made operationaland well fluid could be flown into it on 26th February 2015. The production from the Cluster fields which was earlier at 7,500 BPD without FPSO has jumped to over 14,000 BPD. The engagement of the FPSO reduced the back pressure substantially and improved the flow from the producing wells," the release said. According to it, the various technological interventions implemented by ONGC during the last one year have already resulted in 7-8% increase in oil production from its Western Offshore fields. The results have instilled confidence that further increase in production is also possible, it added. Source : Netindian

The BBC RUSHMORE arriving at the Broekman Terminal in Rotterdam for loading

Photo : Gijs Vlasman - Broekman Project Services ©

Dubai receives 150,000 cruise visitors in January 2015 alone...

January 2015 seemed to be a busy month for Dubai's Mina Rashid, a port of the UAE. More than 30 ships, including 26 hub ships from four cruise lines, brought in over 150,000 cruise tourists in one month. Major cruise lines included Costa, Aida, TUI, MSC, Cunard, Phoenix Reisen, Fred Olsen and Holland America. Besides welcoming Cunard's Queen Mary 2, the port also accommodated five cruise ships at the same time on two occasions—on 10th and 31st January. The Cruise Tourism Department arranged for a grand ceremony to welcome these international tourists with live band performances as well as entertainment events for all ages. The busiest week, 25th to 31st January, saw a total of ten ships at the port. “We’ve reached some real milestones and made significant progress towards our targets. In 2014, Dubai received 358,000 passengers from 94 cruise ships and the forecast for 2015 stands at 425,000 cruise tourists from 115 ship calls. With the total figure for January 2015 alone at 150,000 visitors, we’re confident that our 2015 target is achievable,” said Hamad bin Mejren, Executive Director, Dubai Tourism. The new Hamdan bin Mohammed Cruise Terminal, which was inaugurated on 11th December 2014 has enabled Mina Rashid to handle complete passenger turnarounds of five cruise vessels simultaneously, accounting for more that 25,000 passengers. “The new terminal has enabled us to welcome even more ships than we’ve been able to in the past and this will have a significant impact on our cruise visitor figures,” added Hamad bin Mejren. Dubai’s cruise offering features regular sailings out of the emirate, including five-, seven- and 14-night itineraries in the Gulf, while international cruise itineraries also set off from Dubai. source : Daily News & Analysis



Superjacht Savannah trekt veel bekijks in Alphen

Een paar dagen later dan gepland, maar afgelopen donderdag voer het superjacht door Alphen aan den Rijn. Veel Alphenaren probeerden een glimp van SAVANNAH, zoals het jacht heet, op te vangen. Overigens ging dat vrij

makkelijk aangezien het jacht maar langzaam voorbij voer. Het transport zou eerst op maandag 2 maart plaatsvinden, maar dit werd door de harde wind uitgesteld tot donderdag 5 maart.

Photo’s : Yolande Kolster ©

Langs de kant stonden honderden mensen te kijken hoe het superjacht met precisie door de bruggen werd geloodst. SAVANNAH passeerde de 's Molenaarsbrug, Albert Schweitzerbrug, Koningin Julianabrug, Alphensebrug, Swaenswijkbrug en de Alphense Hefbrug in Alphen aan den Rijn. De bruggen hadden een extra lange openingstijd om het jacht door te laten. Bekijk ook het FOTOALBUM van het transport van superjacht SAVANNAH bron :

alphens.nl

http://www.alphens.nl/fotoalbums/178,superjacht-savannah.html�

http://www.disa-international.com/�



Bourbon Profit Hit by Oil Price Slump, 2015 Margins On Deck

Bourbon SA, a French supplier of ships and crew to oil and natural gas producers, said margins may drop this year following a 36 percent profit slump in 2014 as customers reduce investment.“A significant decline in the price of oil in the second half of 2014 has further affected investments by oil and gas companies and deepened their cost-cutting measures,” the Paris- based company said in a statement. Bourbon “anticipates a stable or slight decrease in revenues for 2015.” Left : The BOURBON EVOLUTION 807 anchored off Singapore last Wednesday Photo : Piet Sinke © CLICK on the photo and/or hyperlink in text

Bourbon is the latest oil-services company to warn that the crash in crude prices may hurt business this year as customers delay or cancel exploration and development projects. The industry has cut more than $40 billion in spending and eliminated about 100,000 jobs globally to weather the downturn. In France, seismic surveyor CGG SA said last month it would cut its fleet, jobs and spending after reporting a fourth- quarter loss. Bourbon, which operates ships serving offshore oil platforms, said it has reinforced a plan to lower costs and may revise the timing and level of vessel sales. It may also delay meeting targets to reduce certain debt ratios. Right : The BOURBON LIBERTY 209 anchored off Singapore last Wednesday Photo : Piet Sinke © CLICK on the photo and/or hyperlink in text Last year, net income declined to 73.7 million euros ($82.5 million), from a restated 115 million euros, the company said in a statement Wednesday. The dividend was kept at 1 euro a share.

Top : The BOURBON EVOLUTION 808 anchored off Singapore last Wednesday Photo : Piet Sinke © CLICK on the photo and/or hyperlink in text

Adjusted earnings before interest, taxes, depreciation, and amortization, or Ebitda, fell 22 percent to 450 million euros. Ebitdar, which also includes rent costs, rose as a proportion of revenue to 36.1 percent, from 34.3 percent a year









earlier. The ratio may drop this year, Bourbon said. The company added 20 vessels to its operated fleet, bringing the total to 505 at the end of last year. The average utilization rate dropped 2.3 percentage points to 81 percent for the year. Source : Bloomberg / gCaptain

Jan de Nul’s JOSEPH PLATEAU anchored off Singapore

Photo : Chiel van Daelen - TrustLube Asia Pacific Pte. Ltd. ©

New MV Loch Seaforth ferry breaks

down in Ullapool A new £42m ferry built for the Stornoway to Ullapool route has broken down. The MV LOCH SEAFORTH only made its first passenger sailing on 13 February. It was stuck in Ullapool on Thursday night and a replacement ship was sent to transfer passengers to Stornoway. Ferry operator Caledonian MacBrayne tweeted: " MV LOCH SEAFORTH has a technical fault and MV ISLE OF LEWIS is travelling from Stornoway to take over tonight's sailing." The ferry has capacity for 700 passengers, 143 cars or 20 commercial vehicles. source : BBC

ZPMC-RED BOX adds two ZPMC-RED BOX Energy Services has bareboat chartered the two 50,000 dwt semi-submersible ships that were originally ordered by China's United Faith Group from the Yantai CIMC Raffles Offshore shipyard in 2011. HLPFI

http://www.aqualisoffshore.com/�



understands that ZPMC Shipping and CIMC Logistics, which are partners in ZPMC-RED BOX Energy Services own the ships, which are called Red Zed I and Red Zed II and that they will be deployed to serve a second contract which the heavy lift shipping company has won for the Yamal LNG development, with the delivery of the first module set for this summer.Philip Adkins, chief executive of ZPMC-RED BOX Energy Services, told HLPFI: "RED ZED II passed

its sea trials shortly before the Chinese New Year and Red Zed I will soon be undertaking its own sea trials. We are looking forward to getting them into service under the second contract that we have signed for Yamal LNG project." The two ships are 217 m in length and are equipped with two hydro-electric cranes. Adkins confirmed that work was on schedule on the two PC-3 module carriers that were ordered by ZPMC-RED BOX Energy Services from Guangzhou Shipyard International (GSI) in 2014.

When these two ships enter service in January 2016 they will also be deployed to transport modules destined for the Yamal LNG project, which is designed and commissioned by a consortium consisting of Technip, JGC Corporation and Chiyoda Engineering. ZPMC-RED BOX Energy Services was incorporated in Hong Kong in 2014 as a limited liability company and is a partnership of Shanghai Zhenhua Heavy Industry Co (ZPMC), Zhenhua Logistics Group (ZHLG) and RED BOX Founders HK Limited (RBF HK Ltd).The individuals involved in the latter are a group of marine heavy transport professionals who have worked previously at Fairstar Heavy Transport, Dockwise and Mammoet. Adkins added: "By January 2016, we will have a fleet of four heavy lift ships, all contracted to the vast LNG project in Russia, and the company has a firm order book in excess of USD 400 million. "But this is not the end of our plans and we are considering various options for how we might continue building up our fleet."Adkins also confirmed that over 25 officers and engineers that were previously employed by Dockwise on the ex-Fairstar ships are now in the employment of ZPMC-RED BOX Energy Services. "I am personally delighted to be working once again with so many of the personnel who worked with me at Fairstar."Last year, I said that we had unfinished business in this sector; we still do." Source : heavyliftpfi / www.redboxgroup.com

Bahri moves to raise $1bn Saudi Arabian tanker giant Bahri is selling ten-year sukuk worth RYLS3.9bn ($1.04bn) this month to repay debts. Bahri, which completed the takeover of fellow Saudi tanker operator, Vela, last year took out a RYLS3.18bbn bridging loan to pay for the acquisition. HSBC Saudi Arabia, JP Morgan and Samba Capital, the investment banking arm of Samba Financial Group, have been selected to arrange the deal, Bahri’s first ever sukuk. A spokesperson told Reuters Bahri was looking at expanding its fleet with cheap dry bulker prices being of special interest. Source : splash 247

Indonesia Customs seizes 1,300 tons of illicit crude oil, nabs eleven culprits

Indonesian Customs and Excise Office in Batam, Riau Islands, has foiled an attempt to smuggle 1,300 tons of crude oil to Malaysia aboard a Mongolian-registered tanker the MT Kyosei Maru The vessel was intercepted after an hour-long chase and warning shots fired by customs officers.“Based on observation our officers found the tanker filling up with oil from a local vessel. We are still investigating whether the 1,300 tons of crude oil originated from one vessel or several,” Batam Customs and Excise Office enforcement section head Emi Ludiyanto told media here the other day. The customs officers arrested the tanker skipper, identified as Yohanes Talembekas, and 10 crew. The customs office is currently ascertaining whether the entire crew comprises Indonesian citizens or foreign nationals.According to Emi, the crew was still undergoing interrogation and would be held for three days at the Batam Customs and Excise Office. Source: customstoday

http://www.redboxgroup.com/�



Seven Ferry Operators Express Interest to Run Seasonal Dun Laoghaire Service

Dun Laoghaire Harbour Company has received seven expressions of interest from operators to provide a seasonal-only ferry service to Holyhead, writes Jehan Ashmore. Afloat.ie has contacted the DLHC following last Friday's advert deadline for potential ferry operators to operate on the 52 nautical mile route. A month ago, Stena Line confirmed the permanent closure of the historic Ireland-Wales link.

Photo : Oliver Missiaen ©

Prior to the ferry company responses, DLHC annnounced that any new operator would not be

serving the route until at least 2016. Following the responses, a spokesperson on behalf of DLHC said they 'will now consider these'. The harbour company added, 'final configurations would be a matter for discussion and agreement with a new provider, and would be in keeping and take account of the Harbour Company's Masterplan'. As part of the Masterplan, the site of St. Micheal's Pier is where a major residential redevelopment is proposed.

For more than 170 years there has been a ferry service running between Dun Laoghaire and Holyhead from where Stena Line has served the Irish Sea service since 1991. In additon to conventional ferry tonnage, they introduced a small 'Lynx' fast-ferry in 1993 which was replaced by the world's largest fast craft, the HSS Stena Explorer in 1995.

Stena's decision to withdraw operations in the south Dublin Bay port, leaves a berth available for a new ferry operator in Dun Laoghaire Harbour using the terminal at St. Michaels Pier. According to the advert document the berth is 140 metres long with a maximum depth of 5.8 metres. In addition the berthing facility is described as having a shore to ship ramp, which can easily be modified to facilitate the configuration of a new vessel. Afloat.ie adds that St. Michaels Pier has two berths, one is custom-built to only accommodate the specialist requirements of the HSS Stena Explorer. The second adjacent berth was also used by Stena Line when a 'Lynx' craft as previously referred but had returned in more recent years to the route. The Stena Lynx III served during the shoulder seasons when the HSS Stena Explorer had operated a year-round service until 2011. The 19,638 tons HSS remains at her homeport of Holyhead and likewise at a custom-built berth in the inner harbour of the Welsh port.Also in Anglesey is the Stena Superfast X, which made a delivery voyage last week from Poland having had a major refit. The newcomer has yet to enter service on the Holyhead-Dublin Port route in competition with Irish Ferries. Source : afloat

MSC: Maiden Call to Singapore

The MSC ORCHESTRA moored in Singapore last Wednesday – Photo : Piet Sinke © CLICK on the photo !

The MSC ORCHESTRA has arrived in Singapore, the sixth of 13 ports along her journey on a grand 33-night voyage to the Far East. MSC hosted an event to mark the call with media, travel agents, business partners and other VIPs.

Welcoming the visitors, MSC Cruises CEO Gianni Onorato said: “This is a historic moment in our company’s journey – the first time an MSC Cruises ship has called at the magnificent city of Singapore. In fact, all 13 ports of call on MSC




Orchestra’s pioneering Grand Voyage are firsts for MSC Cruises.”He added: “We are in Singapore to show how firmly we believe in the Asian market’s potential, which is only going to grow further in the foreseeable future.”Leading the presentations at the event, MSC Cruises Executive Director for Emerging Markets, Antonio Paradiso, said: “MSC Cruises has grown 800% since 2004. In 2014, we carried 40,000 guests per day on our fleet of 12 ships, and with up to seven ultra-modern ships in two state-of-the-art prototypes coming online by 2022 we’ll double our current capacity. We used to carry 80,000 guests per year at the start and we’ll carry 80,000 guests a day at the end of our investment plan. This growth will unlock fresh opportunities, including new markets and regions, and untried itineraries.”Paradiso added: “Asia is an already robust source market for our cruises around the world, and MSC Cruises is the cruise line of reference for thousands of Asians travellers who want to entrust their European adventures to the biggest privately-owned cruise company in the world.”Neeta Lachmandas, Assistant Chief Executive, Business Development Group, Singapore Tourism Board, also lauded the move, and warmly welcomed MSC Orchestra to Singapore.

She said: “This development is testament to the potential of Southeast Asia, where Singapore serves as the regional cruise hub. Singapore’s strong air connectivity and seamless transport network augments cruise itineraries and enables more travellers to use Singapore to discover Southeast Asia.”“Unknown to many, Southeast Asia is a cruising playground in its own right – with over 25,000 islands and diverse attractions ranging from cosmopolitan cities to pristine beaches and UNESCO Heritage sites. We are excited that travellers from all over the world will get to experience so much of Asia through MSC ORCHESTRA. source : cruiseindustrynews

Maersk Line Says Slow Steaming Will Continue as "We Want to be as Energy-

Efficient as Possible" Maersk Line Says Slow Steaming Will Continue as We Want to be as Energy-Efficient as Possible

The GUNVOR MAERSK anchored off Singapore awaiting berthing –

Photo : Piet Sinke © CLICK on the photo / Hyperlink


http://www.tschudioffshoretowage.com/�




The company said its new containerships larger than 14,000 TEU were designed to slow steam Maersk Line will continue to slow-steam because it wants to be "as energy-efficient as possible," CEO Søren Skou said in last week's 2014 financial report. “The bunker price may rebound, in which case a network designed for higher speed would be very uncompetitive," he said.

"Moreover, we want to be as energy-efficient as possible, limiting emissions as much as we can." Maersk Line said it is currently aiming to reduce carbon dioxide emissions by 60 percent between 2007 and 2020. Over the past five years, the company has been adding vessels to its fleet in order to slow-steam, with the number of ships on the Asia-Europe route rising to 11 per service from nine. steaming "We have not achieved the full potential of slow steaming," Maersk Line said, adding that 11 vessels is optimal on the route when bunker prices are at $300 per metric tonne. In addition, changing the speeds for all 193 vessels on the East-West network would be "costly and complex," and would involve terminating and renegotiating a variety of agreements, along with finding alternatives for freed-up vessels. The company also said that its new containerships larger than 14,000 TEU were designed and built for slow steaming. "They are not able to reach the high speeds seen before 2008," the company said. Port productivity also hasn't risen in tandem with vessel sizes, and on an Asia-Europe round-trip the average time spent in port for one vessel in now 18 days, up from 12 days in 2007.In January Skou said that a move away from slowing ships would require a fundamental change to the company's network. Source : Ship & Bunker News Team

Maersk using Ampelmann MCG Maersk Oil North Sea UK Ltd. (MOUK) awarded Ampelmann a contract to use its motion compensation gangways (MCG). MOUK will use the Ampelmann system for a shutdown campaign in the UK sector of the central North Sea to extend the weather window and increase workability and efficiency. During the walk to work campaign (W2W) in 2014, MOUK was able to increase efficiency with approximately 25% compared to the 2013 W2W campaign by using the Ampelmann. This year, the Ampelmann A-type system will be mobilized onto the ISLAND CROWN. The system is capable of compensating actual heave motions up to 2.5m, which ensures safe, efficient and reliable transfers of personnel to the FPSO GLOBAL PRODUCER III. With these so-called ship to ship transfers, a seventh DOF compensation is activated. An extra sensor is installed on the target vessel, which transmits motion data

to the Ampelmann system in a wireless mode. Due to the received data, the Ampelmann gangway is able to compensate for the target vessel’s motions. Ampelmann says that it is the only company in the world who succeeded in these ship-to-ship transfers with a MCG. Source : oedigital

Title of World’s Biggest Ship Shifts as Rates Fall: Freight

This is how much size matters in the shipping industry: Bragging rights for the world’s largest container ship have changed hands four times in as many months - - and will soon shift again. With weak freight rates encouraging shipping lines to send as many goods as possible in a single voyage, Samsung Heavy Industries Co., the world’s third-biggest shipbuilder, is constructing four vessels capable of carrying 20,100 20-foot containers -- enough to fit about 203 million iPads -- for Mitsui O.S.K. Lines Ltd. of Japan. Another two ships of the same size will be built by Japan’s Imabari Shipbuilding Co. The seaborne arms race comes even as overcapacity has led to a plunge in shipping rates since late 2010 and four straight years of losses for the industry. Some lines have responded by driving their vessels more slowly to save fuel and by scrapping older, less efficient ships. Others have decided to go as large as possible to cut costs by as much as 30 percent per voyage.“Shipping companies are favoring bigger ships because of the benefits. With bigger ships you can move more goods at one go, helping to reduce your costs.” said Park Moo Hyun, an analyst at Hana Daetoo Securities Co. in Seoul. “But at the same time, it raises concerns about whether these ships can be filled.”Mitsui O.S.K. will receive its new ships from Samsung Heavy by August 2017. The vessels will be 400 meters long -- equal to four soccer fields, longer than the Eiffel Tower is tall -- and 58.8 meters wide, Samsung Heavy said March 2. They also will have fuel-saving features. Samsung Heavy expects more 20,000-container vessels will be ordered in the first half of this year because of the economies of scale they offer, the company said in an e-mail to Bloomberg. Mitsui O.S.K. believes switching to larger ships “will enhance our competitiveness,” Tetsutaro Kozai,



assistant manager of the company’s public relations office, said in an e-mail to Bloomberg. The company expects the new ships it has ordered “will be the largest in operation for some time,” he said. Whether ship sizes continue to grow depends on builders finding ways to make even larger vessels that will be structurally sound amid the punishment of rough seas. Ports will need ever-deeper shipping lanes and terminal operators will require cranes capable of stretching all the way across the wider decks.

The MSC OSCAR arriving in Rotterdam earlier this week

Photo : FLYING FOCUS luchtfotografie www.flyingfocus.nl ©

That could be a problem for ports on the U.S. West Coast, where Los Angeles and Long Beach, California can’t handle ships holding more than about 12,000 containers. That -- plus the fact that there are no ports of call between Asia and the U.S. West Coast -- means the supersize vessels mainly ply Asia-Europe routes. A.P. Moeller-Maersk A/S started the recent trend toward bigger vessels in 2011 when it ordered 20 “Triple-E” ships from Daewoo Shipbuilding & Marine Engineering Co. At the time they were the biggest vessels in the world, capable of carrying more than 18,000 20-foot containers each. A ship of that size can cut costs by about 30 percent per trip compared to a 13,000-box ship, based on a bunker fuel price of $600 a ton, according to Drewry Maritime Equity Research. Even at current fuel prices -- $393.12 a ton as of Thursday in Singapore -- a larger vessel is still about 15 percent cheaper per voyage, Drewry said. Most vessels used now on the Asia-Europe route can fit 14,000 containers, according to Park at Hana Daetoo. There currently are more than 100 of these ships in service, he said.Maersk Line, the world’s largest container shipping company, currently operates 15 Triple-Es and expects five more to be delivered in the first half of this year. “Maersk moved the market with big ships, and people are seeing Maersk’s results,” said Rahul Kapoor, a Singapore-based director for equity research at Drewry. “So people are thinking that’s the way to go forward.” Maersk Line doubled its after-tax operating profit in the fourth quarter of 2014, to $655 million. Maersk Line will soon place its first order for new ships since 2011, probably in the first half of this year, Nils Smedegaard Andersen, chief executive officer of A.P. Moeller, said last month. “We may order Triple-E ships, but don’t expect an order of 20 or 30 ships this year because we need to time it carefully so we grow with the market,” Andersen said last month. The Triple-Es didn’t keep Maersk Line on top of the size rankings for long: China Shipping Container Lines Co. took the title in November with a ship able to carry 19,100 20-foot containers. That was overtaken barely a month later when Mediterranean Shipping Co. launched a ship able to carry 19,224 containers. In late January, Imabari received an order for 11 ships capable of carrying 20,000 containers. Those briefly became the world’s biggest planned ships -- until Mitsui O.S.K. placed its order this week. Driving the push for size is the collapse of shipping rates over the past four years. Spot cargo shipping rates to Europe from Asia dropped to $938 per container in the week ended Feb. 27, down 6.5 percent from two weeks earlier and 15 percent lower than at the end of February 2014, according to the Shanghai Shipping Exchange. Shipping lines have tried to raise rates in recent months, largely without success, and some are trying again to raise rates from March 15, according to shipping-data provider Alphaliner. If anything, though, slowing global demand and new vessels set to enter service this year could drive levies even lower, Alphaliner said in its weekly newsletter.Hyundai Heavy Industries

http://www.flyingfocus.nl/�



Co., Daewoo Shipbuilding and Samsung Heavy -- the world’s three-biggest shipbuilders -- have the technology to build ships that can carry as many as 25,000 boxes, suggesting that the title of world’s largest ship will soon shift again. “There’s no end to it. You will have someone soon displace Mitsui O.S.K. as the largest shipowner,” Drewry’s Kapoor said. “The container shipping industry has always been like they all want to follow the lead. That’s the competitive intensity that’s driving this.” Source : Bloomberg

Rio de Janeiro port to begin dredging process

Rio de Janeiro will be the first container port to benefit from Brazil’s $1.28 billion dredging program.

Edinho Araujo, head of the Special Ports Ministry in Brazil, has just signed a Reais210 million (US$70.54 million) contract with dredging companies Van Oord and Boskalis to deepen the navigation channels to the port of Rio de Janeiro.The two Dutch dredging companies will carry out studies and soundings of Guanabara Bay over the next five months and complete the design for the channel and turning basin. The dredging work itself will take another six months to complete. The deepening project, which will extend the allowable draft for ships to 14 meters from the current 12.4 meters, will allow larger ships to call at Brazil’s third-busiest container port. ontainer ships of up to 9,600-TEU capacity will be able to access Rio de Janeiro when the project is completed by mid-2016, providing shippers with greater economies of scale. Rio de Janeiro could provide an alternative for shippers on the Sao Paulo-Rio de Janeiro state border, an area that hosts hundreds of large exporters and key automobile exporters, including Volkswagen. “This development is great news for the port of Rio de Janeiro and for all those involved in the container sector here,” said Luiz Henrique Carneiro, president of Multi-Rio, one of the two container terminals operating in Rio de Janeiro. “This will allow us to handle bigger vessels of more than 9,000-TEU capacity, which is an increase of more than 50 percent over the 6,000-TEU ships we can handle today.”

Carneiro said that in addition to the extra draft the dredging will provide, the project will permit the maximum length of vessel to rise from 295 meters to 340 meters, and the maximum beam to increase to 48 meters from the current 42 meters. Rio and Guanabara Bay, which includes the port installations of Niteroi as well as Rio de Janeiro, have an advantage over Santos and other major box ports in Brazil, he said. The port is not a river port, and therefore once dredged, the draft will be maintained naturally and won’t need frequent renewed, maintenance dredging. “The prospects for the Rio container terminals is very good now with this investment in dredging, but we do also need further investment in transport infrastructure, roads, etc.,” said Andre de Seixas, coordinator of the port users website.

The Rio de Janeiro dredging contract is part of the National Dredging Scheme Part 2, which will see some Reais3.8 billion (US$1.28 billion) spent on dredging in Brazilian ports to allow bigger vessels to call along the east coast of South America. The first part of the dredging plan began in the early 2000s and paved the way for the bigger vessels calling today at ports in Brazil and on the east coast of South America.Meanwhile, at the port of Santos — Brazil’s biggest container port, which handled 3.685 million TEUs last year — the dredging process has hit snags over the past year.The Special Ports Ministry is now inviting bidders to come forward for a “third” tender, with a March 17 deadline for proposals. Two previous attempts failed because the government’s estimates of the costs were considered “uneconomical” by the international dredging companies whose bids were above the maximum amount the ministry was prepared to pay.

http://www.emas.com/�



With the currency, the Real, weakening against the dollar, the amount per cubic meter dredged will have risen so the ministry’s procrastination will cost them dearly.Contractors Boskalis, Van Oord, Dredging International and Jan de Nul are expected to submit bids. Previous tenders were for three years and the maximum contract price was Reais378.5 million, but now bidders are to offer a contract for a lower minimum, covering a period of only 17 months. The aim will be to dredge down from today’s 15 meters to 15.7 meters. The 10,900-TEU CMA CGM TIGRIS — 300 meters long with a beam of 48.2 meters —has been the largest container ship to call at the port of Santos, docking at Brasil Tecon Santos terminal. Prior to that, the biggest vessels were in the 9,000- to 9,600-TEU range.Brazilian pilots’ union, Conapra, has been lobbying Brasilia to restrict such big vessels calling at Santos because, its members claim, the draft is not sufficient to allow safe passage. They are calling for a 266-meter length restriction at Santos. Centronave, which represents foreign-flag shipowners in Brazil, sees this as a ploy for Conapra members to protect their monopoly status and their up to US$1million per year remuneration, which Brasilia is trying to cut back. Source : Journal of Commerce

Petrobras downgrade so far 'well-absorbed' by markets, BofA says

The decision by Moody's Investors Service to cut Petróleo Brasileiro SA's ratings to "junk" last week has so far triggered a mild selloff, as bonds of the world's most indebted oil company remain in most major investment-grade debt indexes, analysts at Bank of America Merrill Lynch said on Thursday. Analysts led by Anne Milne said in a client note that a "true test" looms should the Brazilian state-controlled company known as Petrobras (PETR4.SA) (PBR.N) face another downgrade and its bonds migrate from all major investment-grade indexes toward high-yield, or speculative, ones.

Moody's two-notch rating cut to "Ba2" led BofA Merrill Lynch to exclude Petrobras from its high-grade indexes since the oil producer's composite rating from all three major ratings firms - Moody's, Standard and Poor's and Fitch Ratings - averaged a "junk" ranking.The downgrade "led to some selling, but so far it has been absorbed relatively well by the market," Milne said.

Yet the fact that some other high-grade bond indexes still regard Petrobras debt as investment-grade has prevented steeper downward price pressure. In Europe, the downgrade put more initial pressure on bonds as Petrobras bonds exited two of the region's top-three investment-grade indexes, Milne said."So quite interestingly, Petrobras is now in the major BofAML Global high-yield indices as well in the market's most widely tracked U.S. investment-grade index," the Barclays Aggregate Bond Index, she added.Her remarks highlight challenges facing Petrobras as a corruption probe hampers confidence and makes it harder for the Rio de Janeiro-based company to access global capital markets as the price of oil slides. The company's board authorized management to raise up to $19 billion, although it did not say from where. Trading volumes and prices on Petrobras bonds are expected to undergo violent swings in coming months, while spreads - the difference between the yield that Petrobras pays to investors and that of comparable U.S. Treasury notes - are more likely to widen than narrow, Deutsche Bank Securities recently said.According to BofA Merrill Lynch, Petrobras' outstanding debt was $135 billion at end September, of which bondholders held about $54 billion. Bank loans represented about $58 billion, with Brazilian state-controlled lenders holding the remaining exposure Petrobras' 6.25 percent bond due March 2024 US71647NAM1=TE has traded between about 90 cents and 94.8 cents on the dollar between the Feb. 24 downgrade and Thursday. Prices have risen in four of the past five sessions, according to Tradeweb. Source : Reuters (Reporting by Guillermo Parra-Bernal; editing by Matthew Lewis)

Rolls-Royce to equip Chouest Arctic AHTS newbuild

Rolls-Royce has been awarded a ship equipment contract worth about $30 million by Edison Chouest Offshore (ECO). The contract covers the supply of azimuth main propulsion, propulsion control systems, anchor winches and an anchor handling crane for an Anchor Handling Tug Supply vessel (AHTS). It includes an option for equipment for a second vessel of similar type. Designed by ECO's North American Shipbuilding, Larose, LA, the vessel will be built at ECO's LaShip shipyard in Houma, LA, with estimated delivery by the end of 2016. The AHTS will be built to Polar Class 3, equipped to operate in arctic waters with air temperature down to minus 40 degrees Celsius. Both thrusters and deck machinery will be developed for operations these harsh conditions. John Knudsen, Rolls-Royce, President -



Commercial Marine, said: "We are proud that Edison Chouest Offshore once again prefers our technology and equipment for a vessel designed and built for demanding operations in the Arctic region." Source : Marinelog

Demolition activity will be the “key” to a faster dry bulk market recovery says

shipbroker With the dry bulk market in deep trouble over the past few months, chances for a recovery will have to rely not only on seasonal demand factors, but also the limiting of tonnage supply. Already, a lot of owners have been converting newbuilding orders, originally made for dry bulk carriers, to tankers, with the hope of moving on to a more booming shipping market. However, this will not be enough, as there has to be a significant increase in demolition activity as well.According to the latest weekly report from Intermodal, “in today’s shipping environment where the daily headlines are in the likes of “excess vessel supply continues to weigh on the dry bulk market” and “slower growth in steel output and reduced coal demand contribute to a declining freight rate environment”, we also need all the motivation we can get. Companies’ revenues have declined and many operators are in the red, some are chopping charter rates, we hear about bankruptcies, restructurings and anyone can easily paint a very bleak outlook for the next couple of years”. The shipbroker’s Newbuildings/SnP Broker, Mr. Theodore Ntalakos, noted that “according to the IMF, global growth in 2014 was 3.3% and in 2015 – 2016 it is projected to be 3.5 and 3.7 percent respectively. It is notable that the 2015-16 projections were revised downwards by 0.3% in October 2014, reflecting the reassessment of prospects in China, Russia, the euro area, and Japan, as well as weaker activity in some major oil exporters because of the sharp drop in oil prices. The United States is the only major economy for which growth projections have been raised”, he said. According to Ntalakos’ cited figures, “in January 2014 the dry bulk fleet (over 20,000tons dwt) stood at 8,979 vessels or 697,63million tons deadweight. During 2014 the net growth (deliveries/additions minus demolitions/removals) was 5% in terms of deadweight (a closer proxy to the carrying capacity). Given the fact that there is high correlation between global growth and seaborne trade, unless the GDP growth is higher than the fleet growth, then simply put “the ships are always too many for the cargoes”. With the world growth at 3.3% in 2014 it is evident that the world fleet has been under-utilized and supply has exceeded demand”. He added that “in 2015 demolition levels and slippage/cancellations/conversions will be the key. Let’s look at some numbers. The current dry fleet is at 737.65 million tons deadweight while the dry orderbook for 2015 stands at 69million tons deadweight. Assuming that only 80% of this will be delivered (due to slippage, cancellations, conversions etc.) the increase will be 55.2mil tons deadweight. If demolition activity, which has kicked off the year encouragingly, ends up being similar to the levels of 2012, it will be a huge relief valve. In 2012 according to our data about 30million tons dwt was scrapped so if this repeats, the net growth of the fleet will be about 25million tons dwt or 3.4%. This is quite marginal against the projected global growth for 2015 but it may very well signal a balanced supply-demand outlook. So any upside on either the supply (more cancellations, more demolition) or the demand side (the boost to global demand from lower oil prices could be greater than is currently factored into the projections) can reverse the current situation”, Ntalakos noted.“The obvious question is if demolition activity can indeed reach 2012 levels. Well, the fleet of ships older than 25 years stands at 29.4mil tonnes i.e. a shade lower than the “required” volume that needs to be scrapped; another 40mil tonnes deadweight are the ships between 20-25 years. In the first

http://www.tos.nl/en/vacancies-overview/?jobsearch=&jobboxsector%5B%5D=19�



two months of 2015, we have already seen much younger vessels sent for scrap. So the relief valve is there and needs to be kept open. Upcoming regulations that will require the shipowners to invest in upgrading their assets will also help in that direction since older assets will not be worth the investment. So there you have it, there is a quite plausible scenario that can play out this year that can shift things towards the right direction and as long as a series of logical events occur, then we may be looking at a stronger and more balanced 2nd half of 2015″, the shipbroker concluded. Meanwhile, in the demolition market this week, Intermodal said that “demolition prices remained stable for a second week in a row, which is definitely good news following the strong negative trend of the past months. The slightly positive sentiment that has started building up as of the week prior seems to be holding well for now and the activity of last week comes as a solid proof of that. Despite the fact that the budget announcement in India held no demolition related policies, breakers in the country appear to be finally returning back into action, with increased appetite, while their competitors in both Bangladesh and Pakistan also remained active. As steel prices in the Indian subcontinent showed no volatility in the past days, hopes that a bottom might have been finally reached have started building up, but as cheap Chinese scrap steel remains abundant out there, we remain cautious. Prices this week for wet tonnage were at around 240-400 $/ldt and dry units received about 215-375 $/ldt”, said the shipbroker.In a separate note this week, Allied Shipbroking mentioned that “intense competition has continued again this week, despite the ample demo candidates circulating the market. There has been considerable indication of speculative buying interest as well, which has been part of the reason price have kept fairly buoyant these past couple of days despite the downward pressure that has been accruing from the low steel prices that are available. Prices are still holding bellow the USD 400 per ldt mark for Indian Sub-Continent . It now seems quite likely however that we will be sticking to this new found reality, and with the scrap option holding fairly favorable for owners of overage units, activity should keep fairly strong. Part of the speculation seems to be based on part of a slowing down of Chinese steel production, yet there has been little evidence to this effect as of yet. The reality is that , although many owners feel cornered from the poor freight mar-ket conditions , they are still reluctant to let go at too low levels and as such price levels should keep firm for the time being”, Allied concluded. Source : Nikos Roussanoglou, Hellenic Shipping News Worldwide

ALSO INTERESTED IN THIS FREE MARITIME NEWSCLIPPINGS ? CLICK HERE AND REGISTER FOR FREE !

CASUALTY REPORTING

Cargo ship loses power, runs aground in

river A 738-foot cargo ship lost power and grounded in the Columbia River on Wednesday before being refloated. The bulk carrier Miyama was en route to Kalama when it grounded about 11:20 a.m. near Welch Island, according to the U.S. Coast Guard. It was refloated at about 1:50 p.m. after the tide rose and was escorted by tugs to its berth.Though the Miyama carried 19,500 gallons of fuel and 23 personnel aboard, no pollution or injuries were reported. The ship will be assessed and repaired at Kalama before being allowed to proceed.The cause of the power outage was a cracked cylinder, according to the Coast Guard. Source : The Columbian

http://www.maasmondmaritime.com/en/subscribe/�

http://www.multraship.com/�



Interislander ferry causes damage to Picton Harbour

Strong winds have caused Interislander ferry ARATERE to move around, causing damage to a loading ramp in Picton Harbour KiwiRail said winds of up to 60 knots (110km/h) had caused the ship to move at its berth early this morning. Damage to a nearby loading ramp was currently being assessed by Port Marlborough. The ship itself was not damaged. Light motor vehicles were able to be loaded and disembarked from ships, but rail freight was not being carried until an assessment of the ramp was completed, KiwiRail said. ARATERE was expected to sail once it was given safety clearance. Severe weather across the Cook Strait also meant many Interislander sailings would be delayed.KiwiRail said that Interislander was advising customers to expect delays to sailings today and over the weekend due to the severe weather.Interislander was contacting affected customers and advising them of revised sailing times to ensure any delays to travel were minimised, KiwiRail said. Source : NZherald

NAVY NEWS Patrol boat orders to save shipbuilding

industry IN a first, small step to save the naval shipbuilding industry, the Abbott government has called for tenders to build 21 patrol boats in Australia for regional nations. The vessels will cost a total of $594 million to build. Defence Minister Kevin Andrews said today the Pacific Patrol Boat Program was the centrepiece of the Australia’s engagement in the South Pacific and represented a significant investment in Australian defence industry. The minister said the patrol boat program was part of a plan for a sustainable naval shipbuilding industry. “The government recognises the significant value to our nation of a skilled naval shipbuilding workforce,” Mr Andrews said. With the existing Pacific Patrol Boats approaching the end of their service life, the Government had committed to replacing the regional fleet with new Australian made vessels. The vessels would help the island nations’ secure their extensive Exclusive Economic Zones.

At 40 metres in length, capable of travelling at least 2500 nautical miles, and with a top speed of at least 20 knots, the steel-hulled replacement vessels will be larger and more seaworthy than the current fleet.They have been offered to Papua New Guinea, Fiji, Tonga, Solomon Islands, Tuvalu, Kiribati, Samoa, Vanuatu, Federated States of Micronesia, Palau, Republic of Marshall Islands, Cook Islands and East Timor. The vessels would be designed and constructed to commercial standards and they had to be simple and cost-effective to own, operate and maintain, Mr Andrews said. They would be provided without weapons but they could be added later. Meanwhile major defence companies called on the government to prepare a 30-year strategic plan to ensure the naval shipbuilding industry’s survival.Chris Burns, CEO of the Defence Teaming Centre said the current short-term plans and ad hoc acquisition approach did not get the best value for money for the nation from the multi billion dollars expended by the Government for its federal fleets of ships and submarines.

“We are calling for a 30-year strategic plan for shipbuilding in Australia that recognises the value for money benefits for the nation of a continuous build program,” Mr Burns said. “In the past, we have had an ad hoc approach which has induced peaks and troughs that have proven to be both costly and inefficient.”source : The Australian

First Marine Gas Turbine installed into new aircraft carrier at Rosyth Shipyard

THE INSTALLATION of the first MT30 Gas Turbine Alternator (GTA) package into the HMS PRINCE OF WALES has been successfully completed at Rosyth Shipyard. The Aircraft Carrier Alliance fitted the Rolls-Royce MT30 into the Royal Navy's latest aircraft carrier which is a 36 megawatt (around 50,000 horsepower) Marine Gas Turbine.The GTA is also the world's most power-dense, a key feature for naval ships where high power occupying space is essential. Each 120 tonne GTA package consists of GE supplied alternator coupled to a Rolls-Royce supplied MT30 Gas Turbine contained within an enclosure.Two MT30s are installed in each ship and will provide two thirds of the 109 megawatts needed to power the 65,000 tonne ship – enough energy to power a town the size of Swindon! Jim Bennett, power and propulsion director for the Aircraft Carrier Alliance, said, "The Power & Propulsion Sub-Alliance is immensely proud



of this significant milestone in the QEC project. It has been the culmination of many years of hard work to ensure the timely delivery of this first complete MT30 gas turbine alternator to HMS PRINCE OF WALES, which along with its twin will deliver around two thirds of the electrical power generated onboard. Congratulations to all involved, this is British engineering at its best!" Angus Holt, delivery director, HMS PRINCE OF WALES, said, “The successful achievement of this major milestone is symbolic of the progress we are making with the build of the second Queen Elizabeth Class carrier.“To have successfully lifted the most powerful engine in the Royal Navy onto the biggest ship ever built for the Royal Navy, using one of the biggest capacity gantry cranes in Europe, is an important event in the construction of HMS PRINCE OF WALES. Everyone involved should take huge pride in their contribution to this national endeavour.”Don Roussinos, Rolls-Royce, President - Naval said, “We installed the very first marine gas turbine more than 60 years ago, and are delighted to continue that long and proud history of delivering advanced marine gas turbine and propulsion technology to the Royal Navy.” Source : dunfermlinepress.

SHIPYARD NEWS

VT Halter Marine launches first of 2 ATB

tugs at Escatawpa yard for Bouchard VT Halter Marine's Escatawpa yard has launched articulated tug barge tug Kim M. Bouchard, the first of two ATB tugs under a major expansion program for Bouchard Transportation Co. The launch was held last week for the 10,000-horsepower, twin-screw ATB tug, which measures 625 feet and has a 250,000-barrel capacity.It will be used to transport liquid petroleum and is certified for Jones Act service.

"It is with great pride that we launch another quality-built tug, the Kim M. Bouchard, for our long-time customer, the Bouchard family," VT Halter CEO Bill Skinner said."We look forward to joining her with Barge B. No. 270, as this is one of the most efficiently built ATB units for Jones Act trade," he said. Construction of this unit began in January 2014, with delivery scheduled for June. This tug will enter into Bouchard's fleet service

in New York, N.Y."The Kim Bouchard will be joined up with the B. No. 270, also being built at VT Halter Marine," said Morton S. Bouchard III, president and CEO of Bouchard Transportation."Bouchard has six vessels being built there and looks forward to future successful launchings," he said. Source : gulflive

http://www.sterntubeseal.com/�



Shipbuilding giants' merger remains unconfirmed

The China State Shipbuilding Corporation (CSSC) and the China Shipbuilding Industry Corporation (CSIC), the two largest such conglomerates in the country, are reportedly in the initial phases of combining units in order to beef up the national shipbuilding industry, according to the 21st Century Business Herald on Thursday. Experts from CSSC suggest the merger would help strengthen each enterprise and offset each of the company's individual weaknesses, the newspaper said, citing a source from China Ship News speaking on Jan. 20, 2015. However, when it comes to specific details, no definite terms of agreement for the potential merger are available, while the press spokesman for CSIC Liu Zhengguo has declined to comment on the matter. The two corporations were divided from their parent company according to geographical locations in July, 1999. The one to the north of the Yangtze River is CSIC, and the one to the south is CSSC. An industry expert said this division might have resulted in various shortcomings, which make it harder for both companies to enhance product producing capabilities. Another expert said, "CSSC has strong scientific research abilities, strength in design and diversified products." Combining the two firms could make it possible for both to develop multi-functional maritime engineering businesses and cope with periodic industry pressure amid overall industrial downturn.However, amalgamation difficulties are still obvious due to each company's large operating systems and complexities regarding the process of dividing business and interests, it was added. Source : ECNS

Conrad Orange Shipyard Receives Order for First Dedicated LNG Bunker Barge for

Marine Market in North America Conrad Industries, Inc. announced that its subsidiary Conrad Orange Shipyard, Inc. has entered into a contract to construct the first LNG bunker barge to be built for the marine market in North America. The contract signing was hosted at the residence of the French Consulate General Sujiro Seam in Houston, TX. Conrad's customer, WesPac Midstream, and its affiliate Clean Marine Energy, will deploy the barge in Tacoma, WA to service ship owner TOTE and its "Orca Class" vessels, then subsequently relocate the vessel to Jacksonville, FL to service the TOTE new build "Marlin Class" vessels as well as other LNG powered vessels in the Port of Jacksonville. The vessel will be constructed at Conrad Orange Shipyard in Orange, TX. It will be outfitted with French engineering and technology company Gaztransport & Technigaz (GTT) Mark III Flex cargo containment system, which will also be built by Conrad under a license from GTT. The barge delivery is scheduled for early 2016.

Johnny Conrad, Chairman, President and C.E.O. of Conrad Industries, Inc. commented, "Being a part of this project is an honor for Conrad Industries. This contract represents a first for our industry, and country. To have the opportunity to provide a Conrad barge to such innovative partners as WesPac, Clean Marine Energy, and in partnership with GTT is exciting for us, and demonstrates our organization's ability to produce a wide variety of sophisticated vessels for our customers." Conrad Industries, Inc., established in 1948 and headquartered in Morgan City, Louisiana, designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both the commercial and government markets. The company provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas. For more information, please visit: http://www.conradindustries.com

PLEASE MAINTAIN YOUR MAILBOX, DUE TO NEW POLICY OF THE PROVIDER, YOUR ADDRESS WILL BE “DEACTIVATED”

AUTOMATICALLY IF THE MAIL IS BOUNCED BACK TO OUR SERVER If this happens to you please send me a mail at [email protected] to reactivate

your address again You can also read the latest newsletter daily online via the link :

http://newsletter.maasmondmaritime.com/ShippingNewsPdf/magazine.pdf

http://www.conradindustries.com/�

mailto:[email protected]�

http://newsletter.maasmondmaritime.com/ShippingNewsPdf/magazine.pdf�



ROUTE, PORTS & SERVICES

Port of Rotterdam revenue up, profit down The port of Rotterdam Authority’s revenue rose in 2014 on increased activity in Europe’s largest container hub, but profits were reduced by higher interest charges linked to record investments in new facilities. The 3.1 percent growth in revenue to 660 million euros [US $733 million] was flanked by a 4.9 percent decline in profit to 215 million euros.

“We are not surprised by the fall in profit,” said Paul Smits, the authority’s financial director.” The massive investments of the past few years have caused our long-term debt to increase to 1.3 billion euros, which also means a rise in our interest charges.”The two main sources of income – leasing of land and seaport duties paid by ships docking at the port – both increased last year. Leasing revenue grew by 5 percent, or 16 million euros, to 337.5 million euros and seaport charges, which are linked to traffic throughput, rose by 1.2 percent, or 3.6 million euros, to 306.2 million euros. Investment shrank last year to 189.4 million euros last year from 262.9 million euros, reflecting the completion of the first phase of the Maasvlakte 11 project that includes the addition of 8.5 million TEUS-a-year of container capacity. Rotterdam’s container traffic increased by 5.8 percent in 2014 to 12.3 million TEUs from 11.6 million TEUs in 2013, helping to boost total throughput by 1 percent to a record 445 million metric tons. Source : Journal Of Commerce

Cook Islands Assists Owners with Wreck Removal Certification

The Cook Islands has acceded to the Nairobi International Convention on the Removal of Wrecks, 2007 (“The Nairobi Convention”). As a State Party, Cook Islands will issue Wreck Removal Certificates to its own ships and also to ships flying the flags of states that have not yet become party to the Nairobi Convention. The Nairobi Convention, which will come into force on 14 April 2015, requires all ships over 300 GT (including fishing vessels and commercial yachts) to have insurance in place to cover the location, marking and removal of a wreck; deemed to be a hazard in a State party’s Convention area. Glenn Armstrong, Managing Director of Maritime Cook Islands, the Cook Islands registry administrator, said today: : “We are proud the Cook Islands has acceded to The Nairobi Convention and since our accession in December 2014, we have received a steady flow of enquires from interested owners. There is real interest from responsible owners who are taking the first step to find out how they can have the necessary certifications in place before the deadline demands it.”The Convention provides that for compulsory insurance purposes, liability under the Nairobi Conventionshall not exceed the limits calculated in accordance with the Convention on Limitation of Liability for Maritime Claims 1976 (LLMC 1976), as amended by the 1996 Protocol. A Blue Card issued by a recognized P&I Insurer, which can be verified, will be evidence of insurance cover being in place and will be used as the basis for the issuance of the Nairobi Convention Certificate. In addition to being able to issue certificates to

http://www.antwerp-towage.com/�



owners on the Cook Islands’ registry, Cook Islands is also prepared to issue certificates to owners of vessels registered in States who are not party to the Nairobi Convention. “To this end, our Ambassador to IMO, Capt. Ian Finley, has advised the secretariat of the International Group of P&I Clubs that Cook Islands will issue Wreck Removal Certificates to ships flying the flags of non-State parties. MCI has also written to all of the approved P&I Insurers (from the Bunkers Convention) advising them the same. The International Group of P&I Insurers are offering to include Wreck Removal Insurance with the renewals of policies which will come into effect on 20 February 2015. “This means that the majority of world shipping will have the necessary insurance in place when the Convention comes into force in April.” Added Mr Armstrong. To learn more about how you can obtain the certificate from MCI in a speedy, fuss free and cost effective way, please visit: https://secure.maritimecookislands.com/wreck/application.php

Click HERE for the LIVE STREAM WEBCAM in Hoek van Holland Berghaven

…. PHOTO OF THE DAY …..

The AIDAMAR arriving in Rotterdam – Photo : Bert Lamers ©

RECENTLY UPLOADED HIGH RESOLUTION PHOTOS :

CLICK ON THE SHIPSNAME TO VIEW AND / OR DOWNLOAD THE PHOTO

Shipsname Type Photo Location Photo Date BOURBON LIBERTY 209 AHTS Singapore 04-03-2015 BOURBON LIBERTY 209 AHTS Singapore 04-03-2015 BOURBON EVOLUTION 807 (1) Offshore Support Singapore 04-03-2015 BOURBON EVOLUTION 807 (2) Offshore Support Singapore 04-03-2015 BOURBON EVOLUTION 808 (1) Offshore Support Singapore 04-03-2015 BOURBON EVOLUTION 808 (2) Offshore Support Singapore 04-03-2015 MARTY QUIST TIDE (1) AHTS Singapore 04-03-2015 MARTY QUIST TIDE (2) AHTS Singapore 04-03-2015 WILLIAM R CROYLE II (1) AHTS Singapore 04-03-2015

https://secure.maritimecookislands.com/wreck/application.php�

http://www.maasmondmaritime.com/en/webcam-feed/�

http://www.maasmondmaritime.com/en/webcam-feed/�












WILLIAM R CROYLE II (2) AHTS Singapore 04-03-2015 SEA TORTUGA (1) AHTS Singapore 04-03-2015 SEA TORTUGA (2) AHTS Singapore 04-03-2015 NEDLLOYD MERCATOR (1) Containership Singapore 04-03-2015 NEDLLOYD MERCATOR (2) Containership Singapore 04-03-2015 NEDLLOYD MERCATOR (3) Containership Singapore 04-03-2015 NEDLLOYD MERCATOR (4) Containership Singapore 04-03-2015 NINGALOO VISION (1) FPSO Singapore 04-03-2015 NINGALOO VISION (2) FPSO Singapore 04-03-2015 NINGALOO VISION (3) FPSO Singapore 04-03-2015 GUNVOR MAERSK (1) Containership Singapore 04-03-2015 GUNVOR MAERSK (2) Containership Singapore 04-03-2015 The above photos are free to download for your own collection just click on the right bottom on the arrow down symbol and click at Orignal Size the photo will be downloaded and you can save the photo in your files, if the photos are used for publication(s), please mention : Photo Piet Sinke – www.maasmondmaritime.com with the photo , thanks ! Vistors overview over the last few days

• 01 MARCH 2015 18.369 • 02 MARCH 2015 22.059 • 03 MARCH 2015 18.543 • 04 MARCH 2015 54.893 • 05 MARCH 2015 12.149 • 06 MARCH 2015 17.199

The compiler of the news clippings disclaim all liability for any loss, damage or expense however caused, arising from the sending, receipt, or use of this e-mail communication and on any reliance placed upon the information provided

through this free service and does not guarantee the completeness or accuracy of the information

UNSUBSCRIBE / UITSCHRIJF PROCEDURE To unsubscribe click here (English version) or visit the subscription page on our website.

http://www.maasmondmaritime.com/en/unsubscribe/

Om uit te schrijven klik hier (Nederlands) of bezoek de inschrijvingspagina op onze website. http://www.maasmondmaritime.com/nl/uitschrijven/












http://www.maasmondmaritime.com/�


http://www.maasmondmaritime.com/en/unsubscribe/�

http://www.maasmondmaritime.com/uitschrijven.aspx?lan=nl-NL�

http://www.maasmondmaritime.com/nl/uitschrijven/�

daily collection of mar itime press clippings 2015 –...

Documents