Archive for November, 2009

Navy releases Somali pirates caught red-handed

piracy
Somalian pirates who are terrorising yachts and cargo ships in the Indian Ocean are being routinely allowed to go free by international naval forces despite being captured with their weapons and even holding hostages. Pirates who are seized from the skiffs by the Royal Navy and other maritime forces are pleasantly surprised to find themselves [...]


U.N. anti-piracy resolution set to be renewed

cargo
The United States wants to renew a U.N. counterpiracy resolution that has not been used since it was passed almost a year ago, while people in the shipping industry worry about what could happen if it were ever invoked. U.N. Resolution 1851 authorizes the use of force against pirates on land before they hit the [...]


Somali pirates say Hellenic owners wrecking deals to free ship

piracy
Somali pirates holding a Hellenic cargo ship Friday accused its owners of constantly changing their minds on deals reached to free the vessel captured more than six months ago. On Thursday, the pirates said they had freed the ship with its 24 Ukranian sailors after receiving 3.7 million dollars, but the director of the Athens-based [...]


GREEK NAVY RELEASES SUSPECTED PIRATES

The Greek frigate HS Adrias, operating as part of the EU Naval Force (EUNAVFOR) captured and released nine suspected pirates on Wednesday (25 November).
An EU NAVFOR statement said that its units had “neutralised a suspected pirate attack group approximately 260 nautical miles North-East of Seychelles”.
On Tuesday a skiff had approached French-flagged cargo ro-ro Eclipse. The [...]


Warships can “raise tension”

russian-warship
The master of the Svitzer tug hijacked last year has highlighted the dangers of warships becoming involved in piracy incidents once vessels have been hijacked and crews held hostage. He also said that fitting razor wire around his vessel’s stern could have prevented the pirates getting onboard. Colin Darch, addressing the International Shipping Federation (ISF) [...]


Enforce onboard cadet training, urges Thome

cargo
The global officer shortage could be solved if legislators enforced owners to take a minimum number of cadets onboard, say senior executives at Singapore’s Thome Ship Management. ‘There would be no more officer shortage worldwide,’ maintained Capt Michael Elwert, Thome’s head of group HR and crewing, ‘if every ship took two cadets onboard like Thome [...]


British shipping safety awareness award winners announced

cargoship
The winners have been announced for the 2009 British Shipping Safety Awareness Awards.  A ceremony was held at The Chamber of Shipping in London on Friday 20 November 2009, and the prizes were presented to the winners by Rear Admiral Sir Jeremy de Halpert, Deputy Master of Trinity House. The competition asked students to suggest [...]


Shipbuilders search for new growth drivers

shipbuilding
Korea undoubtedly is the world’s top shipbuilding nation, with seven local shipyards ranked among the world’s top 10, including the first three spots. The Korean companies, faced with financial crisis touched off by the collapse of Lehman Brothers last fall, are now diversifying their business portfolios, as the global shipbuilding market is expected to remain [...]


Nippon Yusen in 20-year ore-shipping deal with China steelmaker

Nippon Yusen KK (TSE:9101) has inked a 20-year iron ore transport agreement with Shagang Shipping Co., a unit of major Chinese steelmaker Jiangsu Shagang Group Co. Running through 2032, the new contract is reportedly among the longest signed with Chinese steelmakers. It calls for Nippon Yusen to utilize Cape-size vessels, which can carry around 250,000 [...]


New premium finance vehicle launched

cargo
A new venture aimed at easing premium flow for the often hard-pressed international marine market and its clients has been launched in London. Major insurers are reported to have confirmed that they will support what is said to be the first premium finance scheme in the sector. It is managed by a new independent company, [...]