"K" LINE is implementing a new mid-term management plan for its marine technical sector called "K" Line Vision 100 to promote stable and safe ship operation.
The new management plan focuses on the key areas of enhancing safety management systems and the ship management structure, and improving safety management systems and manuals by building on its distribution know-how and global safety standard. Other areas include the enhancement of the onboard inspection scheme and structure to improve the company's fleet quality; the enhancement of shore-based back-up structures; and the promotion of safety information sharing among all groups, fleet and related shipowners. Furthermore, the group aims to "place emphasis on in-house ship management by positioning management know-how accumulated on reserve from the experiences of in-house ship management companies as the basis of safe navigation. The group will also be specializing in vessel types to conduct more specialized ship management, expanding in-house ship management to strengthen the structure, carrying out quality management of its owned and controlled vessels, and securing and training marine technical personnel.
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Monday, July 14, 2008
Kochi port targets 15% growth in cargo handling this year
The Cochin Port Trust is targeting a growth of over 15 per cent year on year in cargo throughput in 2008-09, the Chairman, Mr N. Ramachandran, has said.
“We handled around 15.85 million tonnes (cargo) in 2007-08. We expect to improve that by at least 15 per cent this year, with an improved performance from the container segment,”. The port’s performance was muted in 2007-08 because of lower revenue from the Cochin Refinery, which imports crude oil through the port, after it developed own single point mooring to anchor crude carriers, he said. “The mooring is under the port trust but our revenue share has decreased,” he said on the sidelines of a press conference to announce the Volvo Ocean Race India stopover in Cochin. However, the port expects to make up for the loss this year with a better growth in container handling and also by “backloading”. “We are looking at backloading, by which we will handle very large crude carriers for ports like New Mangalore and Mumbai and then unload the oil in smaller ships. These ports can only accommodate smaller ships,” he said. At present, 70 per cent of CPT’s revenue comes from crude oil, while 20 per cent is from containers and the rest from dry bulk cargo. CPT has floated tenders to deepen its draft from the current 12.5 metres to 14.5 metres. The contract is likely to be finalised soon after the tenders close on July 29. This will allow larger container ships with capacity of 8,000 TEUs (twenty-foot equivalent units) to enter the port. The Vallarpadam ICTT is being constructed by Dubai Ports World with an estimated cost of $500 million. DP World is the holding company for the ICTT through its Indian subsidiary. “All these projects, when completed, along with Petronet’s LNG terminal, will give a tremendous boost to its revenue.
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“We handled around 15.85 million tonnes (cargo) in 2007-08. We expect to improve that by at least 15 per cent this year, with an improved performance from the container segment,”. The port’s performance was muted in 2007-08 because of lower revenue from the Cochin Refinery, which imports crude oil through the port, after it developed own single point mooring to anchor crude carriers, he said. “The mooring is under the port trust but our revenue share has decreased,” he said on the sidelines of a press conference to announce the Volvo Ocean Race India stopover in Cochin. However, the port expects to make up for the loss this year with a better growth in container handling and also by “backloading”. “We are looking at backloading, by which we will handle very large crude carriers for ports like New Mangalore and Mumbai and then unload the oil in smaller ships. These ports can only accommodate smaller ships,” he said. At present, 70 per cent of CPT’s revenue comes from crude oil, while 20 per cent is from containers and the rest from dry bulk cargo. CPT has floated tenders to deepen its draft from the current 12.5 metres to 14.5 metres. The contract is likely to be finalised soon after the tenders close on July 29. This will allow larger container ships with capacity of 8,000 TEUs (twenty-foot equivalent units) to enter the port. The Vallarpadam ICTT is being constructed by Dubai Ports World with an estimated cost of $500 million. DP World is the holding company for the ICTT through its Indian subsidiary. “All these projects, when completed, along with Petronet’s LNG terminal, will give a tremendous boost to its revenue.
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Indian firm to develop SEZ in Oman
India's leading infrastructure and development company, SKIL Infrastructure, says it will develop a major Special Economic Zone (SEZ) close to the industrial port of Sohar with an investment in excess of $2 billion in Muscat.
Media reports quoted a top official of SKIL subsidiary Horizon Countrywide Logistics as saying that the Mumbai-based developer had signed a Memorandum of Understanding (MoU) in this regard with the shareholders of Sohar port - the Omani government and the Port of Rotterdam. The MoU grants SKIL a 49 per cent stake in the 4,300 hectare multi-product SEZ, while the rest will be held by the Omani government and the Port of Rotterdam. In May, the Port Authority announced that the SEZ would be developed adjacent to Sohar port, which has already attracted over $12 billion in industrial projects, utilities and terminal infrastructure. This close proximity to the port ensures considerable logistics advantages to SEZ investors. The SEZ of Sohar is expected to be formally launched later this year.
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Media reports quoted a top official of SKIL subsidiary Horizon Countrywide Logistics as saying that the Mumbai-based developer had signed a Memorandum of Understanding (MoU) in this regard with the shareholders of Sohar port - the Omani government and the Port of Rotterdam. The MoU grants SKIL a 49 per cent stake in the 4,300 hectare multi-product SEZ, while the rest will be held by the Omani government and the Port of Rotterdam. In May, the Port Authority announced that the SEZ would be developed adjacent to Sohar port, which has already attracted over $12 billion in industrial projects, utilities and terminal infrastructure. This close proximity to the port ensures considerable logistics advantages to SEZ investors. The SEZ of Sohar is expected to be formally launched later this year.
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Sembawang Shipyard secures contract to construct fallpipe rock dumping vessel
Sembawang Shipyard has secured a S$100 million (US$73.64 million) contract from Dredging, Environmental and Marine Engineering (DEME) to construct a 19,000-tonne DP2 fallpipe vessel for its subsidiary company, Tideway in Singapore.
Tideway specializes in offshore dredging, landfall construction and pipeline stabilization works through the operation of, amongst others, fallpipe rock dumping vessels. A fallpipe vessel is a very specialized vessel consisting of a hold in which graded rock is stocked, and a "fallpipe", at the lower end controlled by a Remote Operated Vehicle (ROV), which places the graded rock material at an exact location. Offshore rock placement is applied mostly to stabilize and protect cables, pipelines and flow lines. The vessel will be classed with Lloyd's Register and will also comply with Lloyd's Environment Protection Code whereby NOx emissions will be largely minimized. The vessel is scheduled to be delivered in January 2011 for deployment worldwide and will be Tideway's biggest fallpipe vessel.
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Tideway specializes in offshore dredging, landfall construction and pipeline stabilization works through the operation of, amongst others, fallpipe rock dumping vessels. A fallpipe vessel is a very specialized vessel consisting of a hold in which graded rock is stocked, and a "fallpipe", at the lower end controlled by a Remote Operated Vehicle (ROV), which places the graded rock material at an exact location. Offshore rock placement is applied mostly to stabilize and protect cables, pipelines and flow lines. The vessel will be classed with Lloyd's Register and will also comply with Lloyd's Environment Protection Code whereby NOx emissions will be largely minimized. The vessel is scheduled to be delivered in January 2011 for deployment worldwide and will be Tideway's biggest fallpipe vessel.
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Japan's new start for maritime nation
Japan is to reinvent itself as a maritime nation.
Japan had been one of the most successful ocean-going nations before WWII, but post-war Japan restricted itself with self-imposed restraints on its maritime ventures. "Next year will be a new start for Japan as a maritime nation," parliamentarian Seiji Maehara told UPI. Mr Maehara was one of the promoters of ocean policies at a recent seminar commemorating the first anniversary of the enactment of Japan's Basic Act on Ocean Policy, which was aimed at promoting and utilizing ocean resources. The value of territorial waters has increased as a vital source of seafood, and, as the Japanese diet is heavily dependent on seafood, there has been concerns about the ocean environment, along with the fishermen's dismay over rising fuel costs. Virtually all the country's fishing vessels will refuse to sail tomorrow, July 15, as fishermen seek compensation for high oil prices.
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Japan had been one of the most successful ocean-going nations before WWII, but post-war Japan restricted itself with self-imposed restraints on its maritime ventures. "Next year will be a new start for Japan as a maritime nation," parliamentarian Seiji Maehara told UPI. Mr Maehara was one of the promoters of ocean policies at a recent seminar commemorating the first anniversary of the enactment of Japan's Basic Act on Ocean Policy, which was aimed at promoting and utilizing ocean resources. The value of territorial waters has increased as a vital source of seafood, and, as the Japanese diet is heavily dependent on seafood, there has been concerns about the ocean environment, along with the fishermen's dismay over rising fuel costs. Virtually all the country's fishing vessels will refuse to sail tomorrow, July 15, as fishermen seek compensation for high oil prices.
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