British Laser sailor Paul Goodison finished 18 points ahead of his second placed Swedish rival Rasmus Myrgren and 20 points ahead of his third placed competitor, Gustavo Lima from Portugal.
Goodison's two solid performances, a 4th and a 6th, were sufficient to ensure that the man who came 4th in Athens was assured of a medal this time around. Bronze is already Goodison's, but the news could be much better in 24 hours. In a worst case, bronze is guaranteed in the medal race which sees a fleet of just 10. Here, last would earn him silver if Lima won and a 9th would get him gold. "It's definitely not over until we're finished and the results are on the board," said Goodison after today's races. "I thought I had a great day on the water, I nailed all the starts and held my nerve on the shifts. But the job's not over until we're finished and hopefully it will be a gold medal. "Iain Percy and Andrew 'Bart' Simpson were similarly cautiously optimistic after their best day's racing, although for them the path to success is a little longer with three more races to go until their medal competition. An 8th, a 2nd and a first places the British Star team in second overall. Swedish sailors Fredrik Loof and Anders Ekstrom hold the overnight lead with a margin of just 3 points. Meanwhile in the RSX fleet, Nick Dempsey was enjoying some consistently good results and posted a 5th and a 3rd today to place him in second overall by three points. There is just one more race before the medal race today. As the count down continues there is an air of nervousness around the venue.
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Wednesday, August 20, 2008
London's top shipbrokers back conservation of world famous ship
London’s top shipbrokers have backed a project to secure the future of the world’s most famous sailing ship, ‘Cutty Sark’, by donating a cheque for £50,000 to aid conservation work following last year’s fire.
Keith Amato, Director of ACM; Denis Petropoulos, Joint Managing Director of Braemar Seascope; Robert Knight, Managing Director of tankers at Clarksons; Martyn Burst from Galbraith’s; Kevin Rose, Director at Gibson; and Michael Brown, Managing Director of SSY presented the cheque to Richard Doughty, CEO of the Cutty Sark Trust. Although only two percent of the ‘Cutty Sark’s’ original structure was damaged by the fire, the scope of this landmark project, designed to safeguard the future of this international maritime icon, has been significantly increased. Mr Petropoulos said the ‘Cutty Sark’ was an important part of London’s heritage and all six companies believed it was a very good cause. Mr Amato said that a lot of work has been undertaken on the project and that they all felt it was right to contribute to the conservation project. When the project is completed in March 2010, ‘Cutty Sark’ will “float” once more, suspended three metres above the bottom of her dry berth. This space will become a magnificent gallery and will also give visitors a unique opportunity to see the wonderful shape of the ship’s hull.
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Keith Amato, Director of ACM; Denis Petropoulos, Joint Managing Director of Braemar Seascope; Robert Knight, Managing Director of tankers at Clarksons; Martyn Burst from Galbraith’s; Kevin Rose, Director at Gibson; and Michael Brown, Managing Director of SSY presented the cheque to Richard Doughty, CEO of the Cutty Sark Trust. Although only two percent of the ‘Cutty Sark’s’ original structure was damaged by the fire, the scope of this landmark project, designed to safeguard the future of this international maritime icon, has been significantly increased. Mr Petropoulos said the ‘Cutty Sark’ was an important part of London’s heritage and all six companies believed it was a very good cause. Mr Amato said that a lot of work has been undertaken on the project and that they all felt it was right to contribute to the conservation project. When the project is completed in March 2010, ‘Cutty Sark’ will “float” once more, suspended three metres above the bottom of her dry berth. This space will become a magnificent gallery and will also give visitors a unique opportunity to see the wonderful shape of the ship’s hull.
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Tuesday, August 19, 2008
Maersk Convincer' named at Jurong Shipyard
Maersk Contractors has named its latest newbuilding drilling rig from Jurong Shipyard, Singapore.
Mrs Beth Allen, accompanied by her husband, Mr William S Allen, Senior Vice President, AP Moller-Maersk, named the rig ‘Maersk Convincer’ at a ceremony at the yard yesterday. The rig is the second of two identical jack-up rigs acquired by the AP Moller–Maersk Group in July 2006. The rig is capable of operating in water depths up to 375 feet (115 metres) in most parts of the world including the harsh environment of the central and southern parts of the North Sea. The new rig is of the Baker Marine Pacific Class 375 design and distances itself from conventional jack-ups in several areas, not least on the drill floor where the highly mechanized equipment leads to increased safety of the crew. The sophisticated drilling equipment will also make the rigs well qualified for drilling deep and difficult wells, including high temperature/high pressure wells. The first assignment for the ‘Maersk Convincer’ is a one-year drilling contract with an option to extend the contract, with Brunei Shell Petroleum offshore Brunei.
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Mrs Beth Allen, accompanied by her husband, Mr William S Allen, Senior Vice President, AP Moller-Maersk, named the rig ‘Maersk Convincer’ at a ceremony at the yard yesterday. The rig is the second of two identical jack-up rigs acquired by the AP Moller–Maersk Group in July 2006. The rig is capable of operating in water depths up to 375 feet (115 metres) in most parts of the world including the harsh environment of the central and southern parts of the North Sea. The new rig is of the Baker Marine Pacific Class 375 design and distances itself from conventional jack-ups in several areas, not least on the drill floor where the highly mechanized equipment leads to increased safety of the crew. The sophisticated drilling equipment will also make the rigs well qualified for drilling deep and difficult wells, including high temperature/high pressure wells. The first assignment for the ‘Maersk Convincer’ is a one-year drilling contract with an option to extend the contract, with Brunei Shell Petroleum offshore Brunei.
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Grimaldi Group to increase capacity to Israel
The new single hull vessel "Eurocargo Salerno" will replace M/V Spes on August 22 which has been on service for several years.
Grimaldi Group announced a decision to place larger capacity vessels on its Israel service. The company said that the ro-ro / container carrier Eurocargo Salerno will call the port of Ashdod. Grimaldi Group offers a direct ro/ro and container service every 7 days from/ to Ravenna, Koper, Monfalcone, Piraeus, Haifa, Ashdod and Izmir, Carrying containers, cars, vans, commercial vehicles, trucks and general cargo between the Adriatic ports and the Eastern Mediterranean. At present two vessels are deployed on this service: the Fides and Spes with speed of 18 knots, and a total cargo capacity of 800 lane meters, 350 TEUS and 1300 cars. on August 22 the new single hull vessel "Eurocargo Salerno" will replace M/V Spes which has been on service for several years. Ephraim Alter, General Manager Allalouf & Co. Shipping Ltd, which represents Grimaldi Group in Israel, noted that during the first half of 2008 the Adriatic ro-ro service experienced an outstanding increase in demand making it necessary to replace the vessels with larger capacity ships.
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Grimaldi Group announced a decision to place larger capacity vessels on its Israel service. The company said that the ro-ro / container carrier Eurocargo Salerno will call the port of Ashdod. Grimaldi Group offers a direct ro/ro and container service every 7 days from/ to Ravenna, Koper, Monfalcone, Piraeus, Haifa, Ashdod and Izmir, Carrying containers, cars, vans, commercial vehicles, trucks and general cargo between the Adriatic ports and the Eastern Mediterranean. At present two vessels are deployed on this service: the Fides and Spes with speed of 18 knots, and a total cargo capacity of 800 lane meters, 350 TEUS and 1300 cars. on August 22 the new single hull vessel "Eurocargo Salerno" will replace M/V Spes which has been on service for several years. Ephraim Alter, General Manager Allalouf & Co. Shipping Ltd, which represents Grimaldi Group in Israel, noted that during the first half of 2008 the Adriatic ro-ro service experienced an outstanding increase in demand making it necessary to replace the vessels with larger capacity ships.
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Doosan backs away from DSME bid
South Korea’s Doosan Group has revealed that it does not intend to participate for a 50.4% stake in Daewoo Shipbuilding and Marine Engineering, the world’s third largest shipbuilder.
The decision, the result of a negative shareholder reaction to the financial burden of the purchase, comes as DSME stakeholder Korea Development Bank opens the bidding process for the yard. Steel producer POSCO is expected to emerge as the leader of the pack of other companies bidding for the DSME stake which carries an estimated value of $4bn.
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The decision, the result of a negative shareholder reaction to the financial burden of the purchase, comes as DSME stakeholder Korea Development Bank opens the bidding process for the yard. Steel producer POSCO is expected to emerge as the leader of the pack of other companies bidding for the DSME stake which carries an estimated value of $4bn.
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Monday, August 18, 2008
DP World also provides new cash deposit payment method
As part of its continuous drive towards upgrading products and services, Dubai Trade, Dubai World's trade facilitation department and provider of online trade eServices, announced the successful deployment of additional DP World eServices.
DP World eServices use the Rosoom platform to enable online payments for port charges. This release will facilitate easier and faster container movements at DP World's flagship Jebel Ali Port. Dubai Trade, which brings together a vast majority of companies that interact with Dubai's ports, customs and the free zone for the purpose of trade into a single community, had launched Rosoom in May 2008. The Rosoom platform has already proved to be a huge success with the trading community with over 14,000 successful payment transactions to date amounting to over Dhs11.7m. Mr. Mahmood Al Bastaki, Director of Dubai Trade, said that the deployment of the new payment services from DP World is the result of a concerted effort by a team of experts to aid customers. The newly launched eServices from DP World will facilitate the trading community to make online payment of port charges for Less than Container Load (LCL) cargo un-stuffed at the Jebel Ali Port Container Freight Station (CFS) and private CFS locations. It will also enable the payment of Document Processing Charges (DPC) for containerized and non-containerized export cargo against Customs bills generated through the new declaration platform, Mirsal II. In addition, DP World has created an additional payment method that will enable its customers to open a deposit account. Customers can top-up this cash deposit account through the Rosoom platform and utilize the balance for DP World online fees. DP World initiated the deposit scheme in response to demand from customers for a convenient mechanism to make payments promptly. Rosoom marks the latest in a series of trade facilitating services that Dubai Trade has launched recently. Covering the entire supply chain, the online service provider has become a vital link between the trading community and key sectors like the ports, free zone and customs.
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DP World eServices use the Rosoom platform to enable online payments for port charges. This release will facilitate easier and faster container movements at DP World's flagship Jebel Ali Port. Dubai Trade, which brings together a vast majority of companies that interact with Dubai's ports, customs and the free zone for the purpose of trade into a single community, had launched Rosoom in May 2008. The Rosoom platform has already proved to be a huge success with the trading community with over 14,000 successful payment transactions to date amounting to over Dhs11.7m. Mr. Mahmood Al Bastaki, Director of Dubai Trade, said that the deployment of the new payment services from DP World is the result of a concerted effort by a team of experts to aid customers. The newly launched eServices from DP World will facilitate the trading community to make online payment of port charges for Less than Container Load (LCL) cargo un-stuffed at the Jebel Ali Port Container Freight Station (CFS) and private CFS locations. It will also enable the payment of Document Processing Charges (DPC) for containerized and non-containerized export cargo against Customs bills generated through the new declaration platform, Mirsal II. In addition, DP World has created an additional payment method that will enable its customers to open a deposit account. Customers can top-up this cash deposit account through the Rosoom platform and utilize the balance for DP World online fees. DP World initiated the deposit scheme in response to demand from customers for a convenient mechanism to make payments promptly. Rosoom marks the latest in a series of trade facilitating services that Dubai Trade has launched recently. Covering the entire supply chain, the online service provider has become a vital link between the trading community and key sectors like the ports, free zone and customs.
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Swire Oilfield Services expands in Australia
Swire Oilfield Services Director and General Manager, Rupert Bray and Finance Director, Lyall Dochard, aim to capitalise on buoyant market conditions in Australia and beyond following the acquisition of Maritime Products and Services.
Swire Oilfield Services, Norway, has acquired Australia-based Maritime Products & Services (MPS). Swire is a specialist offshore cargo carrying unit supplier based in Stravagner. MPS is the latest acquisition in Swire Oilfield Services’ international growth plan. Over the past nine months, the company has acquired businesses in Norway, Angola, Nigeria, the USA and now Australia for a total of £35 million (US$86.62 million). In addition to the acquisitions, US$33.59 million have been invested to improve the company’s fleet across its global locations. As Australia enjoys buoyant market conditions and high levels of earnings and profits, operators in the region now have access to Swire Oilfield Services’ products and services, which includes chemical tank, basket and container rental, chemical handling and aviation fuel services. Employing eight people, MPS was founded in 2001 and quickly established itself as Australia’s leading supplier of chemical tanks, pump and filtration equipment. “Demand for MPS’ service offering in Australia and the Asia-Pacific region has increased significantly over the past few years and the acquisition allows us a smooth entry to the market,” said Director and General Manager of Swire Oilfiled Services. “We have already committed over £2 million (US$3.73 million) to expand our fleet and expect to spend twice that in the coming year.”
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Swire Oilfield Services, Norway, has acquired Australia-based Maritime Products & Services (MPS). Swire is a specialist offshore cargo carrying unit supplier based in Stravagner. MPS is the latest acquisition in Swire Oilfield Services’ international growth plan. Over the past nine months, the company has acquired businesses in Norway, Angola, Nigeria, the USA and now Australia for a total of £35 million (US$86.62 million). In addition to the acquisitions, US$33.59 million have been invested to improve the company’s fleet across its global locations. As Australia enjoys buoyant market conditions and high levels of earnings and profits, operators in the region now have access to Swire Oilfield Services’ products and services, which includes chemical tank, basket and container rental, chemical handling and aviation fuel services. Employing eight people, MPS was founded in 2001 and quickly established itself as Australia’s leading supplier of chemical tanks, pump and filtration equipment. “Demand for MPS’ service offering in Australia and the Asia-Pacific region has increased significantly over the past few years and the acquisition allows us a smooth entry to the market,” said Director and General Manager of Swire Oilfiled Services. “We have already committed over £2 million (US$3.73 million) to expand our fleet and expect to spend twice that in the coming year.”
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