Linda Moran left the shipyard; another milestone for Washburn & Doughty
Linda Moran is the first vessel delivered by the shipyard since a fire on July 11, 2008 destroyed the company's main construction building. The Linda Moran was tied to the company's barge when the fire broke out. Thankfully, due to light winds and local lobstermen who towed the vessel away from the barge, the Linda Moran survived undamaged. The Linda is a 121 x 36 x 18-ft. Intercon tug owned by the Moran Towing Corporation of New Canaan, Ct. The vessel is surveyed by the American Bureau of Shipping and complies with applicable SOLAS regulations. Linda Moran was designed by Ocean Tug & Barge Engineering Corp.
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Tuesday, September 16, 2008
New launch event set for Singapore Maritime Week
The Maritime and Port Authority of Singapore has scheduled a special Nautical Run to take place Friday 10 Oct as the official launch event for the Singapore Maritime Week ending nine days later.
The run, expected to attract over 1,000 participants, will be flagged off by Guest of Honour Minister for Transport and Second Minister for Foreign Affairs Raymond Lim, and will take place from 7.15am to 10.00am at East Coast Park. There will be both competitive and non-competitive run categories, with proceeds donated to charity. Full event listings for the Week includes the Seatrade Sustainability Seminar being held on the top floor the PSA Building on the morning of October 14.
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The run, expected to attract over 1,000 participants, will be flagged off by Guest of Honour Minister for Transport and Second Minister for Foreign Affairs Raymond Lim, and will take place from 7.15am to 10.00am at East Coast Park. There will be both competitive and non-competitive run categories, with proceeds donated to charity. Full event listings for the Week includes the Seatrade Sustainability Seminar being held on the top floor the PSA Building on the morning of October 14.
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Bleaker outlook for containers, says analyst
Boston: World ocean container trade activity is increasingly reflecting the slowdown in economies other than the already-weak US economy, according to financial analysts Global Insight.
The body has revised downwards it near-term estimates of ocean container trade from the "already-weak volumes" forecasted for 2008 and 2009 on the back of what it calls the "accelerated deterioration in the economies of some of the developed countries in Europe and Asia". "We have been concerned with the growing number of economic indicators for the European Union that point to a greater loss of consumer confidence than had been previously anticipated," says Paul Bingham, managing director of Global Insight's Trade and Transportation Group. "Indicators now suggest that the EU is headed towards recession. Industrial production in the Eurozone fell 1.9% in May, according to recent Eurostat data, the sharpest drop since 1992. In Germany, the government is warning that the economy could contract by as much as 1.5%, while both Italy and Greece have seen industrial production slump 6.2%. Major export destinations for which forecasts have been significantly raised upwards include Brazil, India, Indonesia, Malaysia, and South Korea.
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The body has revised downwards it near-term estimates of ocean container trade from the "already-weak volumes" forecasted for 2008 and 2009 on the back of what it calls the "accelerated deterioration in the economies of some of the developed countries in Europe and Asia". "We have been concerned with the growing number of economic indicators for the European Union that point to a greater loss of consumer confidence than had been previously anticipated," says Paul Bingham, managing director of Global Insight's Trade and Transportation Group. "Indicators now suggest that the EU is headed towards recession. Industrial production in the Eurozone fell 1.9% in May, according to recent Eurostat data, the sharpest drop since 1992. In Germany, the government is warning that the economy could contract by as much as 1.5%, while both Italy and Greece have seen industrial production slump 6.2%. Major export destinations for which forecasts have been significantly raised upwards include Brazil, India, Indonesia, Malaysia, and South Korea.
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Indian ship canal project likely to miss deadline
The Sethusamudram ship canal project in Tamil Nadu is likely to miss the October 2008 deadline with only 25 percent of the work completed so far.
Sethusamudram Ship Channel Project would link the Palk Bay and the Gulf of Mannar between India and Sri Lanka by creating a shipping channel through the shallow sea, and through the island chain of Adam's Bridge. This would provide a continuous navigable sea route around the Indian Peninsula. Due to shallow waters, Sethusamudram makes the navigation of larger ships through the Palk strait extremely prohibitive, and larger vessels have had to navigate around Sri Lanka to reach India' eastern coast. The progress of the canal has however been impeded by petitions against the canal still pending in courts. The Sethusamudram project was sanctioned in June 2005 and is a major shipping infrastructure project. When completed, the channel would save some 785km and 30 hours of sailing time for ships to reach India’s eastern coast from the west side.
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Sethusamudram Ship Channel Project would link the Palk Bay and the Gulf of Mannar between India and Sri Lanka by creating a shipping channel through the shallow sea, and through the island chain of Adam's Bridge. This would provide a continuous navigable sea route around the Indian Peninsula. Due to shallow waters, Sethusamudram makes the navigation of larger ships through the Palk strait extremely prohibitive, and larger vessels have had to navigate around Sri Lanka to reach India' eastern coast. The progress of the canal has however been impeded by petitions against the canal still pending in courts. The Sethusamudram project was sanctioned in June 2005 and is a major shipping infrastructure project. When completed, the channel would save some 785km and 30 hours of sailing time for ships to reach India’s eastern coast from the west side.
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Cargo vessel sinks in the Philippines
A 354.9GT cargo vessel sank near Cebu Wharf in the Philippines late last week.
‘Gwen Vida’, a lunging craft tanker (LCT) owned by Jomalia Shipping was carrying gravel sank near the Quano Private Wharf, some 50 metres off Cebu City. All thirteen officers and crew swam to safety and were rescued by a passing tug boat. The Philippines Coast Guard has now dispatched a Marine Environment Protection Unit and divers to assess the situation and to ascertain that the cargo would not cause any harm to marine life and other passing vessels. The cause of the incident is yet unknown, and there were no reports of bad weather in the area at the time of the incident.
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‘Gwen Vida’, a lunging craft tanker (LCT) owned by Jomalia Shipping was carrying gravel sank near the Quano Private Wharf, some 50 metres off Cebu City. All thirteen officers and crew swam to safety and were rescued by a passing tug boat. The Philippines Coast Guard has now dispatched a Marine Environment Protection Unit and divers to assess the situation and to ascertain that the cargo would not cause any harm to marine life and other passing vessels. The cause of the incident is yet unknown, and there were no reports of bad weather in the area at the time of the incident.
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