Missing General Cargo Ship over 25 years of age in Black Sea.
A General Cargo vessel, flag - foreign, GRT- 3009t, built in 1982, owned and managed by foreign shipping company completed loading of steel billets on 16.02. 2008 in one of the foreign ports in [...]
EU initiative for the Gulf of Aden
cumberland
The European Union (EUNAVFOR ATALANTA) is initiating a ‘Close Support Protection’ system for vessels transiting the Gulf of Aden.
EUNAVFOR had requested all owners / operators requiring the close protection to register on the Maritime Security Centre - Horn of Africa (MSC-HOA) website: www.mschoa.org
Please see below the initial guidlines aa released by EUNAVFOR
[QUOTE]
INITIAL GUIDANCE TO THE [...]
Somali pirates release Greek ship
capt-stefanos
The East Africa Seafarers Assistance Program (SAP) issued a statement today confirming that the bulk carrier CAPT. STEFANOS (sometimes spelled CAPT STEPHANOS) was released by its hijackers yesterday.
The vessel was captured by Somali pirates in September along with her crew of 19 in the Gulf of Aden.
“The Greek ship-owner’s company Chartworld Shipping Corporation (Athens) finally [...]
India: Dry bulk cargo shipowners lay up vessels, sell older ships
capesize-bulk-carrier
Bangalore: Indian shipping firms engaged in carrying dry bulk cargo such as coal or steel have started laying up vessels and even selling older ones as freight rates plunge to record lows amid the global economic downturn and credit crunch. A lay-up happens when a ship is withdrawn from trading operations.
“The market for dry bulk [...]
Piracy scourge affecting India’s merchandise trade
piracy
Twenty seven-year-old Jasmeet Singh, third officer with a Norwegian merchant vessel cruising along the Horn of Africa en route to the Mediterranean sea, is a worried man. Satellite phone usage on-board is limited to senior officers like the captain and chief engineer.
But these are exceptional times. Besides his family, Singh has repeatedly called four of [...]
The latest must-have for commercial shipowners: a piracy insurance policy
cargo
A risk consultancy with close ties to the Lloyd’s insurance market is offering the world’s first insurance policy for shipowners covering potential ransom payouts on crew members who have been kidnapped.
Kidnap and ransom insurance is well-established but has traditionally been offered only in respect of individual executives working in commercially sensitive [...]
Piracy at ‘Intolerable’ Level, Says Maritime Executive
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The massive deployment of foreign navies to the vital shipping lane off the Horn of Africa and the Gulf of Aden has so far failed to slow the rate of pirate attacks, with new ships taken almost daily, according to maritime executive Christopher Hayman. He said most commentators agreed that piracy was merely the symptom [...]
Suez traffic not affected
suez_canal
Egypt denied that international shippers were avoiding the country’s Suez Canal, the waterway that carried a tenth of the global seaborne trade in 2007, after an escalation in piracy off east Africa. ‘We have not been notified by any shipping company that they are re-routing away from the Suez Canal because of the Somali piracy,’ [...]
Regional shipping industry jobs still safe
operations-of-shipping-firms
Despite the current slowdown in the global shipping industry, which has impacted operations, regional shipping companies will continue to retain their staff, said senior industry players.
Major international shipping companies have already announced more than 3,000 job cuts in an effort to reduce costs in the wake of the increasing financial crisis that continues to adversely [...]
Legal Hurdles in West Slow Pursuit of Pirates
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Somali pirates firing automatic weapons and rocket-propelled grenades hijacked yet another ship in the Gulf of Aden on Friday, this time seizing a chemical tanker. A German military helicopter from a nearby warship arrived in time to pull three security guards out of the water, but not soon enough to prevent the hijacking of the [...]
