Tuesday, May 26, 2009

ClassNK Environmental Awareness Notation

Nippon Kaiji Kyokai, also known as ClassNK, has introduced a new notation for ships that meet the standards described in the Society’s just recently published Environmental Guideline.

With awareness of the importance of Corporate Social Responsibility (CSR) becoming ever greater, more measures are being taken to prevent air and marine pollution, global warming, and the destruction of ecosystems. Such measures go beyond the minimum requirements set forth in international conventions and standards to include more advanced technologies as well as stricter criteria. As a means of evaluating these efforts especially as they effect shipboard operations, ClassNK has developed criteria for evaluating ships that have introduced environmental measures in areas where requirements based on international conventions or standards do not yet exist or have not yet been made mandatory. In conjunction with this, the Society began issuing Certificates of Environmental Awareness in June 2008. In order to make the above evaluation process easier to understand and implement, relevant requirements have been amended so that evaluations of environmental measures adopted onboard are indicated as a notation affixed to ship classification characters. In addition, the evaluation criteria have been revised and published as “Environmental Guideline.
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Yacht builder Riviera axes 157 staff

Australia: Deloitte, the receivers and managers of troubled luxury yacht builder Riviera yesterday announced the implementation of company restructure at the Coomera production facility.

Riviera will now be in better shape to weather the current economic conditions and to meet the ongoing demand for quality Riveria products,” said Deloitte partner, Chris Campbell. “Under the new structure, production and ongoing trade with suppliers will continue. Mr Campbell confirmed that the restructure is not expected to cause delays in boat production for Riviera clients. At the general employee meetings held by Receivers at the commencement of the receivership Mr Campbell advised staff that restructure planning would take at least a couple of weeks. He also informed staff that the receivers’ team and key management were working on the restructure and that the necessary change would result in head count reduction. As a result, of a total of 445 permanent full time staff, approximately one third of staff were made redundant. The latest cut follows a long-term decline in staff numbers. At its peak, Riviera had over 1,000 employees. While wages for these staff will be paid to date, Mr Campbell expressed his regret about not having the funds within the business to pay employee entitlements.
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OPEC meeting critical for tanker market

With reports surfacing almost from every member of the OPEC regarding the oil cartel’s intentions regarding the upcoming – once again crucial – meeting (28th May), tanker owners are anxiously awaiting for the producers’ decision.

Although the prevailing stance is to keep oil production unchanged, there are indications of yet another surprise cut, which could further dampen the tanker market’s revival. Freight rates for tankers have been on the down side from the beginning of the year, with some analysts and market specialists indicating that the recent rise in oil prices could turn things around. Still, these market fundamentals spell bad news for single-hull tanker trading after 2010. Although, it already makes little sense in keeping a single-hull tanker employed, some owners would be more than happy to be able to maintain their older fleet in the market. In fact, there are owners who are looking for loopholes in the IMO Marpol phase-out rules, which would enable them to continue to trade single-hull tankers beyond 2010. According to London-based Gibson, several flag states have indicated that they would continue to allow single-hull tankers to stay on their registries up until 2015, the absolute final ‘drop dead’ date for tankers. The provision for these so called loophole extensions has always existed within the framework of the regulation from the initial draft under the Condition Assessment Scheme (CAS).
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New box terminal in southeast of Korean peninsula

Seoul: Pohang International Container Terminal (PICT) in the southeast of Korea will start operations on August 8.

Pohang Mayor Park Seung-Ho told local press recently, "Pohang may grow to become a port that can squarely compete with the port of Pusan in the future. Exports from Gyeongsangbuk-do province (where Pohang is located), including those from its two industrial zones at Daegu and Gumi, account for 15% of Korea's total annual exports. Pohang, the gateway to these zones, has this much cargo volume behind it. Moreover, it has geographical advantages including its closeness to Japan. The new terminal has a water depth of 12 meters and four berths each measuring 250 meters long. Initially, two of the berths will be dedicated to container cargo, with the other two set aside for conventional cargo. Pohang is Korea's major steel city.
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China ups ship breaking volumes

Shipbreaking is accelerating in China, by common consent the world leader when it comes to recycling vessels in the most environmentally friendly way.

Jiangyin in the Yangtze river delta is the leading area for breaking in China. A spokesman from Changjiang Shipbreaking yard said recently, following the scrapping of 44 ships in the first quarter of this year, there are nine ships being scrapped now and another five ships will be dismantled before the end of this month.The person said from October last year most of the ships scrapped by their yard are large bulk ships, car carriers, container ships and oil tankers mainly from Europe and Japan, with quite a few below the mandatory retirement age. At present, there are 11 ship dismantling teams of Changjiang Ship-breaking yard are working overtime. The party secretary of Jiangyin Marine Board Xu Jiangsheng said the marine regulatory authorities are intensifying supervising on shipbreaking operations to ensure safety and non-pollution. Following the recent IMO meeting in Hong Kong on improving shipbreaking practices China is well set to be a ship recycling centre as it has a policy not to beach ships, but to take them apart bit by bit dockside. Many owners are hoping that some of the 200-odd greenfield shipbuilding yards in China will be converted into recycling yards.
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