Australian Marine Group unveils new logo

The Australian International Marine Export Group (AIMEX) has released a new logo it hopes will bring a greater national focus on the organization.

It is the first time since AIMEX was formed that the logo has been updated by the body which represents over 100 leading Australian marine exporters. The new logo features a kangaroo, Southern Cross star formation and simplified wording 'Australian Marine Exports'. The logo was developed over the past few months and has been designed to ensure it provides instant recognition as 'Australia' when seen in the international arena.

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Container vessel damages San Francisco Bay Bridge

The U.S. Coast Guard received a report of a container vessel Cosco Busan collision with the San Francisco Bay Bridge.

The vessel was out bound with a pilot onboard at the time of the collision. The vessel reported damage to the forward left side and bulk fuel was leaking from the vessel. Visibility was limited during the time of the collision due to fog. U. S. Coast Guard and San Francisco Police Department are enforcing a 100 foot safety zone around the vessel and the fuel in the water and CALTRANS is assessing the San Francisco Bay Bridge. The vessel is currently being moved to Anchorage 9.

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Golden Ocean sells vessels

Golden Ocean Group Limited has agreed to sell the six panamax newbuildings contracted in March 2007 at Pipavav in India.

The vessels are sold for net sale proceeds of $352.8 million and delivery to the buyers is expected to take place between March 2009 and July 2010. Golden Ocean will initially receive $70.6 million of the purchase price. The transaction will give a positive result of approximately $127 million, and this will be recorded at delivery of the vessels.

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Dredging of port mouth of Pondy to begin soon

The dredging of the mouth of Puducherry Port would be taken up by the Kerala State Maritime Development Corporation (KSMDC) following the signing of memorandum of understanding with the Port Department.

The dredging of 1 lakh cubic metres of sand would be taken up by engaging TSD Sindhuraj, a shallow draft trailer suction dredger making the mouth navigable for vessels. The dredger is expected to start from Quilon in Kerala by November 15 and arrive in Puducherry by November 22. It has a hopper capacity of approximately 200 cubic metres and can make a minimum of 5 load trips a day to dump the dredged sand in deep sea. Dredging would continue till a minimum depth of 3 metres. The work is expected to complete by four months at a cost of Rs 2.87 crores.

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