Tuesday, May 12, 2009

IMO convention on ship recycling meets opposition

Hong Kong: Following an IMO meeting to adopt a new convention on ship recycling, various human rights, labour and environmental organisations yesterday warned that the convention was a step backwards from existing international environmental law.

In a statement signed by over 100 organisations in 30 countries, civil leaders called the draft a “legal shipwreck” and called upon IMO delegates to ban the beaching method of ship breaking. The IMO draft Convention as it stands now is a legal shipwreck waiting to happen,” said Ingvild Jenssen, Director of the NGO Platform of Ship breaking. It will not prevent a single toxic ship from being exported and dumped on the beaches of India, Bangladesh or Pakistan or any other developing country. According to the NGO Platform of Ship breaking, 80 percent of the global end-of-life ships are broken in Bangladesh, Pakistan and India on tidal beaches whose soft sands cannot support safety measures such as heavy lifting or emergency response equipment and which allow pollution to seep directly into the delicate coastal zone environment.
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CMA CGM and Maersk to launch North Asia-Black Sea joint service

Marseilles: CMA CGM announces the launching of a new joint service with Maersk Line linking North Asia and Black Sea, dubbed the New Bosphorous Express.

The service will be with 10 containerships of 6,500teu, each line supplying five. The first vessel to be deployed will be the CMA CGM Baudelaire leaving Dalian on May 20.Rotation will be: Dalian, Tianjin, Busan, Shanghai, Ningbo, Taipei, Chiwan, Yantian, Tanjung Pelepas, Port Kelang, Aqaba, Port Said, Damietta, Istanbul Evyap, Istanbul Ambarli, Constanza, Illichivsk, Odessa, Damietta, Port Said, Port Kelang, Tanjung Pelepas, Dalian. After some difficult months of economic recession in the countries bordering the Black Sea, we are starting to see some signs of recovery in the exchanged flows to and from Asia," says Christine Cabau, CMA CGM's svp Asia/Mediterranean, Red Sea, Black Sea & Adriatic Lines. "CMA CGM wishes to accompany its clients in the area with reshuffled direct coverage whilst ensuring stability of the capacity on offer. This new product will reinforce our port coverage as well as overall service quality and reliability.
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Bisso Marine Adds New Lay Barge

Bisso Marine, a premier provider of energy and maritime support services, has expanded its growing fleet by purchasing a third pipelay barge .

The former G/P 37 was purchased from Global Industries and will be renamed the L/B Warrior Chief. The L/B Warrior Chief adds depth and capacity to our experienced fleet, allowing us to provide an even greater level of quality and service,” said W.A. “Beau” Bisso IV, president and chief executive officer of the company. The 188 by 60 by 14-foot L/B Warrior Chief can accommodate 65 people and features a 40 ft diameter helideck. The multi-purpose pipelay platform also will serve as a dive support platform and saturation diving platform. Built in 1981, the L/B Warrior Chief is classified ABS A-1 and has a Coast Guard COI. The vessel is a conventional S-lay barge with four work stations and a 40-kip tensioner. It is outfitted with a 525-psi Patterson jet pumping system and an eight-point mooring system. It is configured to lay up to a 20-inch single pipeline.
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Ensco gives Petrosucre termination notice over ENSCO 69

CARACAS: Ensco International Inc. (NYSE: ESV) has submitted a notice of termination to PDVSA subsidiary Petrosucre, regarding the contract for jackup ENSCO 69.

Since May 2007, ENSCO 69 has been contracted to Petrosucre. In January 2009, Ensco suspended drilling operations after Petrosucre failed to meet commitments regarding the payment of past due invoices. Petrosucre subsequently resumed ENSCO 69 drilling operations with its employees and a portion of the Venezuelan crews utilized by Ensco, under observation by Ensco's supervisory rig personnel. Petrosucre advised Ensco at the time that it was temporarily taking over operations on the rig. Since January 2009, Ensco said it has engaged in discussions and exchanges of correspondence with Petrosucre regarding each party's contractual rights and obligations, but a resolution has not been reached. In prior disclosure, Ensco noted that should a satisfactory resolution not be reached, Ensco may submit a notice of termination as outlined in the provisions of the contract giving Ensco a right to terminate in the event of non-payment.
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Middle East Tanker Glut Little Changed as Owners Pay to Ship

A surplus of supertankers competing to ship Middle East oil around the world was little changed as rental income on some voyages fell so low that owners were prepared to contribute to fuel costs to leave the region.

There are 28 percent more vessels for hire over the next 30 days than there are cargoes, according to the median estimate of four shipbrokers, two owners, one derivatives broker and one trader surveyed by Bloomberg News yesterday. A week ago, there were 30 percent more ships than cargoes. Owners are contributing $6,023 a day toward fuel and port costs to ship cargoes of Middle East crude oil to the U.S., according to prices from the London-based Baltic Exchange. For Japanese shipments, the industry benchmark voyages, cargoes are earning $4,859 a day, still not enough to pay for the crew, repairs and other daily running costs. For owners who want to move their ships west to seek more profitable employment, getting some of the fuel paid for may be a better option than sailing empty, which works out at almost $30,000 a day.
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