Industry cancels orders worth Rs 3,750 crore for new ship
NEW DELHI: India’s shipbuilding industry may suffer cancellations of about 15% of their total orders, worth at least Rs 3,750 crore, as a slump
in international trade in the wake of the global economic crisis has taken a toll on the sector, industry experts say. Orders for about 35 ships that were to be built [...]
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 [...]
“Go to sea!” campaign launched at IMO to attract entrants to the shipping industry
imo
A campaign to address the global shortage of seafarers, especially officers, which threatens the very future of the international shipping industry, has been launched by the International Maritime Organization (IMO) in association with the International Labour Organization, the “Round Table” of shipping [...]
Crew shortage — a distress signal for shipping
crew-shortage
Reports have it that Gateway Terminals India Pvt Ltd (GTI), the APM Terminals-Concor joint venture that owns and operates a modern container terminal at Jawaharlal Nehru port, recently announced the launching of its Talent Development Centre on its campus.
Equipped with state-of-the-art training facility, the training centre, the reports suggest, is to provide hands-on experience of [...]
Scheme for Deck Ratings to appear for Second Mate (Foreign-going) Examination having educational qualification of 10th Standard.
1. Preamble:
1.1. This Directorate, being aware of the cyclic nature of the shipping trade and industry, has initiated proactive and pragmatic measures to deal with the [...]
Concern over Haldia dock crisis due to poor navigability of Hooghly
Kolkata, Oct. 1 The crisis facing Haldia dock due to the declining navigability of the Hooghly River near the dock was discussed threadbare at a seminar organised by the Hillary Institute of Kolkata Port Trust here.
Participants at the event included the port Chairman, Dr A.K. Chanda; the CPI(M)’s Lok Sabha Member from Haldia, Mr Laxman [...]
Crew crunch may compromise shipping safety standards
Safety standards within the shipping industry risk being compromised further as the world grapples with an increasing shortage of skilled ship crew, believe senior industry players.
Specialist shipping sectors such as LNG (liquefied natural gas), oil and chemical shipping that require highly skilled and experienced seafarers are some of the worst hit sectors in the industry.
Besides [...]
Extension of maximum age limit for admission in pre-sea courses
The maximum age limit restrictions for all the pre-sea training courses were imposed under DGS Circular No.7 of 2005 dated 17.06.2005. Vide Training Circular No.6 of 2007 dated 11.09.2007, maximum age limit [...]
Permission to foreign seafarers to be employed on Indian flag vessels.
Background:
1. Shipping industry is one of the most globalized industries operating in a highly competitive business environment that is far more liberalized than most of the other industries and is, thus, intricately [...]
LNG Carriers Feel Pinch Of Officer Shortage.
LNG Carrier
The current ‘credit crunch’ has affected all industrial sectors and shipping is no exception to this. However, in the industry, one of the prevailing concerns in recent years has been the existing and anticipated significant shortfall in seafarers and qualified officers capable of fulfilling roles on vessels, and this one is likely to persist [...]
