The award was presented by Marine Biz TV and was won in competition with prominent figures of the maritime community in the Middle East and South East Asia. Mr. Fazelbhoy was given the maritime excellence award in recognition of his pioneering spirit, demonstrated inventiveness and outstanding contribution to the maritime industry. In his acceptance speech, Mr. Fazelbhoy quoted the words of John Donne: “No man is an island” and expressed his appreciation while accepting the award on behalf of his colleagues and the Topaz Board of Directors. He also expressed a great debt of gratitude to all employees of Topaz who continually strive to demonstrate innovation and excellence to the entire enterprise. The awards ceremony took place at the Raffles Ballroom, Swissôtel, Singapore and was attended by over 600 senior executives of the maritime community. The awards dinner was held in connection with the Shiptek 2009 Conference and Exhibition.
Saturday, May 16, 2009
Topaz CEO receives maritime excellence award
The CEO of UAE’s Topaz Energy and Marine, Fazel A Fazelbhoy, has received an award for the Maritime Personality of the Year.
The award was presented by Marine Biz TV and was won in competition with prominent figures of the maritime community in the Middle East and South East Asia. Mr. Fazelbhoy was given the maritime excellence award in recognition of his pioneering spirit, demonstrated inventiveness and outstanding contribution to the maritime industry. In his acceptance speech, Mr. Fazelbhoy quoted the words of John Donne: “No man is an island” and expressed his appreciation while accepting the award on behalf of his colleagues and the Topaz Board of Directors. He also expressed a great debt of gratitude to all employees of Topaz who continually strive to demonstrate innovation and excellence to the entire enterprise. The awards ceremony took place at the Raffles Ballroom, Swissôtel, Singapore and was attended by over 600 senior executives of the maritime community. The awards dinner was held in connection with the Shiptek 2009 Conference and Exhibition.Read More
The award was presented by Marine Biz TV and was won in competition with prominent figures of the maritime community in the Middle East and South East Asia. Mr. Fazelbhoy was given the maritime excellence award in recognition of his pioneering spirit, demonstrated inventiveness and outstanding contribution to the maritime industry. In his acceptance speech, Mr. Fazelbhoy quoted the words of John Donne: “No man is an island” and expressed his appreciation while accepting the award on behalf of his colleagues and the Topaz Board of Directors. He also expressed a great debt of gratitude to all employees of Topaz who continually strive to demonstrate innovation and excellence to the entire enterprise. The awards ceremony took place at the Raffles Ballroom, Swissôtel, Singapore and was attended by over 600 senior executives of the maritime community. The awards dinner was held in connection with the Shiptek 2009 Conference and Exhibition.
MISC Bhd pulls out of Grand Alliance Asia-Europe routes
Kuala Lumpur: MISC Bhd has issued a notice to its partners of the Grand Alliance, over the intention to withdraw from the group, effective Jan 1, 2010, writes Malaysian News service Bernama.
With the notice, MISC is effectively withdrawing its participation from the European and Mediterranean trade lanes, covered by the memorandum of understanding (MoU) 2007, it said in an announcement on Bursa Malaysia. This would leave other members Hapag-Lloyd, NYK and OOCL to pick up the slack. MISC also said the present global economic downturn had severely impacted the global liner industry, with many leading operators having to react radically to manage the downturn. The withdrawal of MISC’s Liner Division from Asia-Europe trade is part of a portfolio restructuring to reposition its business on a firmer footing to drive future expansion. As a result of this, the MISC Liner Division’s future focus would be to become a leading Intra-Asia operator, with the Middle-East/Indian subcontinent and Asian trade being one of its core trade services, it explained.Read More
With the notice, MISC is effectively withdrawing its participation from the European and Mediterranean trade lanes, covered by the memorandum of understanding (MoU) 2007, it said in an announcement on Bursa Malaysia. This would leave other members Hapag-Lloyd, NYK and OOCL to pick up the slack. MISC also said the present global economic downturn had severely impacted the global liner industry, with many leading operators having to react radically to manage the downturn. The withdrawal of MISC’s Liner Division from Asia-Europe trade is part of a portfolio restructuring to reposition its business on a firmer footing to drive future expansion. As a result of this, the MISC Liner Division’s future focus would be to become a leading Intra-Asia operator, with the Middle-East/Indian subcontinent and Asian trade being one of its core trade services, it explained.
CTF 151, First Suspected Pirate Capture
Ships from Combined Task Force (CTF) 151 prevented a piracy attack in the Gulf of Aden, which resulted in the apprehension of more than a dozen suspected pirates aboard an alleged mothership May 13.
At approximately 3:30 p.m., the Republic of Korea Destroyer, ROKS Munmu the Great (DDG 976) and guided missile cruiser USS Gettysburg (CG 64) responded to a distress call from the Egyptian-flagged Motor Vessel Amira, which reported being attacked approximately 75 nautical miles south of Al Mukalla, Yemen. Several assault rifle rounds and one rocket propelled grenade round struck M/V Amira resulting in little to no damage to the ship. A rope was thrown from the skiff in an attempt to board, but the attempt failed and the suspected pirates abandoned their attack. Gettysburg and Munmu the Great launched their embarked helicopters which flew immediately to Amira's location. During its flight, the SH-60B helicopter assigned to Helicopter Anti-submarine Squadron Light (HSL) 46 located a dhow suspected of serving as a pirate "mothership" with approximately 17 people on board.Read More
At approximately 3:30 p.m., the Republic of Korea Destroyer, ROKS Munmu the Great (DDG 976) and guided missile cruiser USS Gettysburg (CG 64) responded to a distress call from the Egyptian-flagged Motor Vessel Amira, which reported being attacked approximately 75 nautical miles south of Al Mukalla, Yemen. Several assault rifle rounds and one rocket propelled grenade round struck M/V Amira resulting in little to no damage to the ship. A rope was thrown from the skiff in an attempt to board, but the attempt failed and the suspected pirates abandoned their attack. Gettysburg and Munmu the Great launched their embarked helicopters which flew immediately to Amira's location. During its flight, the SH-60B helicopter assigned to Helicopter Anti-submarine Squadron Light (HSL) 46 located a dhow suspected of serving as a pirate "mothership" with approximately 17 people on board.
Lloyd's Register: World Financial Crisis an update on the effects on Shipping and Shipbuilding
Speaking at Mare Forum’s Maritime Italy 2009 in Sorrento, Apostolos Poulovassilis, Regional Marine Manager, Europe, Middle East & Africa, gave an outline of the effects of the world financial crisis on the shipping industry and specifically in the context of the world order book, and how the market conditions have changed things dramatically over the last six months with practically no new orders having been placed
He proceeded to analyse the resulting over-supply of new ships between 2009-2012 due to the phenomenal growth in new building activity in the preceding 3-year period in the main dry bulk, container and tanker sectors, even with possible heavy levels of order cancellations and delays and scrapping of existing ageing tonnage, and the challenge in terms of significant supply-demand imbalance. He emphasised the importance of the availability of liquidity which is already putting the maritime industry supply-chain under extreme cost pressure but stressed that this is the time to invest in maintenance and human resources to ensure greater quality and safer work environments, and more efficient operations.Read More
He proceeded to analyse the resulting over-supply of new ships between 2009-2012 due to the phenomenal growth in new building activity in the preceding 3-year period in the main dry bulk, container and tanker sectors, even with possible heavy levels of order cancellations and delays and scrapping of existing ageing tonnage, and the challenge in terms of significant supply-demand imbalance. He emphasised the importance of the availability of liquidity which is already putting the maritime industry supply-chain under extreme cost pressure but stressed that this is the time to invest in maintenance and human resources to ensure greater quality and safer work environments, and more efficient operations.
Third Ormen Lange template ready
OSLO: Grenland Group today loaded out the 1,150 tonne (1,267 ton) Ormen Lange template on a barge at Grenland Group's construction yard in Tønsberg
The 44 meter by 33 meter by 15 meter (144 ft by 108 ft by 49 ft) subsea station will soon be towed out for installation at 850 meters (2,788 ft) depth in the southern part of the Ormen Lange field in the Norwegian Sea, 120 kilometers (74 miles) northwest of Kristiansund. The Ormen Lange field, which came on stream in 2007, was initially developed by Hydro with two subsea well templates, with eight well slots each. The subsea template from Grenland Group is a sub-contracted delivery to FMC's contract with Shell for Ormen Lange's subsea production systems. StatoilHydro is performing the installation of the template, on behalf of the operator Shell.Read More
The 44 meter by 33 meter by 15 meter (144 ft by 108 ft by 49 ft) subsea station will soon be towed out for installation at 850 meters (2,788 ft) depth in the southern part of the Ormen Lange field in the Norwegian Sea, 120 kilometers (74 miles) northwest of Kristiansund. The Ormen Lange field, which came on stream in 2007, was initially developed by Hydro with two subsea well templates, with eight well slots each. The subsea template from Grenland Group is a sub-contracted delivery to FMC's contract with Shell for Ormen Lange's subsea production systems. StatoilHydro is performing the installation of the template, on behalf of the operator Shell.
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