The first vessel, ‘INS Saryu’ was launched on March 30 at the port town of Vasco. Attending the launching ceremony was Chief of Naval Staff, Admiral Sureesh Mehta. Built by Goa Shipyards, ‘INS Saryu’ measures 105 metres in length, 12.9 metres at the beam, and has a displacement of 2,215 tonnes and a maximum speed of 25 knots. The vessel is capable of both coastal and offshore patrolling, and can even be used for ocean surveillance. The vessel can also perform fleet support operations or escort duties. Indian Navy officials said that the vessel would be primarily used for surface ware fare operations to prevent infiltration and transgression of maritime sovereignty.
Saturday, April 18, 2009
Indian Navy launches first of four naval offshore patrol vessels
The Indian Navy has recently launched the first of four new 105-metre naval offshore patrol vessels (NOPV).
The first vessel, ‘INS Saryu’ was launched on March 30 at the port town of Vasco. Attending the launching ceremony was Chief of Naval Staff, Admiral Sureesh Mehta. Built by Goa Shipyards, ‘INS Saryu’ measures 105 metres in length, 12.9 metres at the beam, and has a displacement of 2,215 tonnes and a maximum speed of 25 knots. The vessel is capable of both coastal and offshore patrolling, and can even be used for ocean surveillance. The vessel can also perform fleet support operations or escort duties. Indian Navy officials said that the vessel would be primarily used for surface ware fare operations to prevent infiltration and transgression of maritime sovereignty.Read More
The first vessel, ‘INS Saryu’ was launched on March 30 at the port town of Vasco. Attending the launching ceremony was Chief of Naval Staff, Admiral Sureesh Mehta. Built by Goa Shipyards, ‘INS Saryu’ measures 105 metres in length, 12.9 metres at the beam, and has a displacement of 2,215 tonnes and a maximum speed of 25 knots. The vessel is capable of both coastal and offshore patrolling, and can even be used for ocean surveillance. The vessel can also perform fleet support operations or escort duties. Indian Navy officials said that the vessel would be primarily used for surface ware fare operations to prevent infiltration and transgression of maritime sovereignty.
€2.8bn port planned for Iraq
Baghdad: Transport Minister Amer Abduljabbar Ismail said on Thursday that Iraq has signed an agreement with an Italian consortium to construct a 2.8-billion-euro port on the Gulf.
"The Iraqi cabinet has approved an Italian study to establish the Great Faw Port" near the southern city of Basra, Ismail told reporters in Baghdad."The proposed project, which will cost 2.8 billion euros, has been awarded to Italian companies which will implement it with the participation of our ministry's projects department."The site of the project is a small harbour currently being used by fishing boats. Ismail said the project would take three years to complete and that work would begin soon, without setting a precise date.Iraq has four ports, the largest being Umm Qasr.Iraqi security forces launched a major operation in Basra in the spring of 2008 to drive out Shiite militias who had overrun the port in the years following the 2003 US-led invasion to topple Saddam Hussein.The news follows on from statements made by Greek shipowner Restis earlier this month that it would form a jv shipping line to funnel cargoes to Iraq.
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Ningbo-Zhoushan Port got approval for development plan
Ningbo: Ningbo-Zhoushan Port has just obtained regulatory approval for its overall development plan.
By 2010, its cargo throughput is predicted to reach 610 million tons, including containers of 14.5 million TEUs, coal of 80 million tons, iron ore of 150 million tons, petroleum and petroleum products of 133 million tons. The throughput is estimated to rise to 890 million tons by 2020, with containers of 30 million TEUs included.Notably, the Port of Shanghai, nearby to the north, dealt with 610 million tons of cargos in 2008, including containers of 28 million TEUs.The new port will be composed of 11 port areas, including Yongjiang, Zhenhai, Beilun, Chuanshan, and Daxie port areas, and each of them will have specific functions.
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Friday, April 17, 2009
Mullen Promises Review of Antipiracy Ops
The U.S. military has initiated a review to look "broadly and widely and deeply" at the overall strategy on piracy off the coast of Somalia, the chairman of the Joint Chiefs of Staff said April 14. Navy Adm.
Mike Mullen, speaking on ABC's "Good Morning America," complimented those who carried out the mission that freed Merchant Marine Capt. Kevin Phillips. Somali pirates had held Phillips hostage since his ship, the Maersk-Alabama, was attacked April 8. The Maersk-Alabama's crew managed to regain control of the cargo vessel, but pirates took Phillips hostage and sought shelter in an 18-foot lifeboat. Navy SEAL snipers aboard the USS Bainbridge (DDG 96) killed three of the pirates aboard the lifeboat when it appeared that Phillips' life was in imminent danger. Piracy has been a problem for America since the founding of the republic, Mullen said.
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Norden increase its announced expectations
SHIPPING: Norden has agreed to sell 2 Handymax bulkcarriers with a total profit of 13 million dollar.
The vessels of approximately 52,400 DWT were built in 2002 and 2003, respectively. Both vessels are expected to be delivered to the new owners during the second quarter of 2009.Hereafter Norden expects total profits from the sale of vessels in 2009 of approximately 40 million dollar. Taking into account the continued great uncertainty in relation to Norden's markets and contractual counterparties, the Company finds it most prudent to increase only the lower part of the previously announced expectations.
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The vessels of approximately 52,400 DWT were built in 2002 and 2003, respectively. Both vessels are expected to be delivered to the new owners during the second quarter of 2009.Hereafter Norden expects total profits from the sale of vessels in 2009 of approximately 40 million dollar. Taking into account the continued great uncertainty in relation to Norden's markets and contractual counterparties, the Company finds it most prudent to increase only the lower part of the previously announced expectations.
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East Aframaxes get active as fuel oil, crude cargoes enter market
The East of Suez Aframax market, which has seen scant activity for a prolonged period, got busier Thursday with the sudden influx of fuel oil and crude cargoes out of the Persian Gulf and Indonesia, shipping sources said.
"Suddenly a lot of cargoes have been rushing in [from the] Indonesia area this week," a charterer with a Far Eastern refiner said.The charterer said Aframax owners were currently looking at a freight rate of 60 Worldscale points for the Indonesia-Japan, South Korea voyages. "The owners' ideas are very high.Currently, the sentiment is bullish among owners," the charterer said.The key Indonesia-Japan, South Korea voyage was assessed by Platts at w57 on Wednesday.An Aframax owner said that market was getting active partly because of the availability of fuel oil cargoes."We saw Shell fixing to South China. There are inquiries from Chinese charterers, too, for moving fuel oil cargoes," another owner said, adding that Mercuria and Petrobras were looking for Aframax boats to move their fuel oil cargoes to China.Read More
"Suddenly a lot of cargoes have been rushing in [from the] Indonesia area this week," a charterer with a Far Eastern refiner said.The charterer said Aframax owners were currently looking at a freight rate of 60 Worldscale points for the Indonesia-Japan, South Korea voyages. "The owners' ideas are very high.Currently, the sentiment is bullish among owners," the charterer said.The key Indonesia-Japan, South Korea voyage was assessed by Platts at w57 on Wednesday.An Aframax owner said that market was getting active partly because of the availability of fuel oil cargoes."We saw Shell fixing to South China. There are inquiries from Chinese charterers, too, for moving fuel oil cargoes," another owner said, adding that Mercuria and Petrobras were looking for Aframax boats to move their fuel oil cargoes to China.
Panama Canal’s track and turntable system updated
The Panama Canal Authority (ACP) has updated its track and turntable system located in the Canal’s Gatun Locks.
The system continuously transports locomotives through the locks to assist transiting vessels. Previously, vessels stopped midway through the locks to exchange locomotives, increasing the average time taken for a vessel to navigate the canal. The new system enables two additional Panamax vessels to transit the waterway everyday.
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The system continuously transports locomotives through the locks to assist transiting vessels. Previously, vessels stopped midway through the locks to exchange locomotives, increasing the average time taken for a vessel to navigate the canal. The new system enables two additional Panamax vessels to transit the waterway everyday.
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