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Number 301 *** COLLECTION of MARITIME PRESS CLIPPINGS *** Tuesday 25-12-2007

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Number 301 *** COLLECTION of MARITIME PRESS CLIPPINGS *** Tuesday 25-12-2007 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2010 – 311 Number 311 *** COLLECTION OF MARITIME PRESS CLIPPINGS *** Sunday 07-11-2010 News reports received from readers and Internet News articles copied from various news sites. Above seen the 1994 IHC (The Netherlands) built TDC/CHEC owned TSHD “TONG LI “ operating at the approach channel of Yingkou Port in Bayuquan. Photo : Tim Nijk © Distribution : daily 14725+ copies worldwide 07-11-2010 Page 1 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2010 – 311 IN MEMORIAM As we all have learned from the news about the crash of the ATR-72 of AeroCaribbean (Flight 883) airplane over Cuba. The plane was en route from the eastern city of Santiago de Cuba to the capital when it reported an emergency at 5:42 p.m. local time Thursday, then lost contact with air traffic controllers. It went down near Guasimal, a village in Sancti Spiritus province, carrying 61 passengers and a crew of seven. The Dutch ministry of Foreign Affairs has confirmed that none of the passengers survived this disaster From Damen we have received the very sad message that onboard this plane 3 Dutch Damen Group employees were travelling: BEN VAN DAM (General Manager DAMEX) HANS VAN SCHUPPEN (Sales manager Americas) WALTER VAN DEN BERG (Trainee) Our hearts go out to the families, relatives and friends and wish them a lot of strength to cope with this sudden, unexpected loss Ben , Hans and Walter ***** REST IN PEACE ***** Distribution : daily 14725+ copies worldwide 07-11-2010 Page 2 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2010 – 311 Your feedback is important to me so please drop me an email if you have any photos or articles that may be of interest to the maritime interested people at sea and ashore PLEASE SEND ALL PHOTOS / ARTICLES TO : [email protected] If you don't like to receive this bulletin anymore : To unsubscribe click here (English version) or visit the subscription page on our website. http://www.maasmondmaritime.com/uitschrijven.aspx?lan=en-US EVENTS, INCIDENTS & OPERATIONS The PINTA seen outward from St.Petersburg – Photo : Dirk van Uitert © Working at the port of Rotterdam: you can’t explain it, just experience it! Jong Havenvereniging Rotterdam, the association of young professionals working at the port of Rotterdam, requested companies to open their gates for students. During this ‘Mainport Meewerkdagen’ (Mainport Contribute- day) students from all educational institutions in and around Rotterdam experience the diversity of the port. Dozens of enthusiastic professionals from 36 different companies joined the ‘Meewerkdagen’. Distribution : daily 14725+ copies worldwide 07-11-2010 Page 3 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2010 – 311 Pilots, oil and chemical plants, the port authority, maritime lawyers, shipping agents, container terminals and shipping companies: a varied mix of port-related companies. Photo: Daniëlla Vermeer © “These students are all looking for their future job. Many of them have no idea they can find that specific job at the port”, Gerrit Peekstok, chairman of Jong Havenverening, says. “We can explain it or write about it, but there is only one way to find out: you have to experience it. Working one day as a pilot, as a tug- captain or as a CEO of a large shipping agent or the port authority: you will never forget that!” Over 70 students already enlisted Mainport Meewerkdagen. Enlisting is still possible by e-mail: [email protected] For more information, please check www.jonghavenvereniging.com Mainport Meewerkdagen 2010 will be closed with an informal reception, on November the 18th starting at 18h00. Jeannette Baljeu, Rotterdam alderman for port, traffic and regional economics, is one of the speakers at this reception. The TAURUS seen arriving in Willemstad (Curacao) Photo : Kees Bustraan – http://community.webshots.com/user/cornelis224 (c) Danish shipper mulls listing offshore unit Danish privately held shipper J. Lauritzen is looking to sell part of its rapidly growing offshore shipping unit to share investment costs and mulling a listing of the unit, a newspaper reported on Friday. The unit's vessels, including shuttle tankers, serve the offshore oil and gas industry. It is part of the 125-year-old J. Lauritzen group. "We consider Distribution : daily 14725+ copies worldwide 07-11-2010 Page 4 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2010 – 311 establishing a partnership with potential investors ... We are interested in finding a partner that can help carry the large investments that are necessary to develop Lauritzen Offshore further," J. Lauritzen Chief Executive Torben Janholt told daily Berlingske Tidende. "Further ahead, it is a possibility that Lauritzen Offshore could get an independent stock market listing," he said during a visit to Japan to meet potential investors. In the first half of 2010, Lauritzen Offshore Services made a pretax profit of $12 million on sales of $52 million, the company said on its website. A year earlier, the unit, which was established in 2008, made a $5 million loss with $5 million in sales. Source: Reuters Seen last week Tuesday in the Port of Kotka (Finland) the training ship "Katarina" IMO 6604121 Photo : Theo Willem Kanders – o/b Tideway Rollingstone © Smaller dry bulk vessels the weapon of choice among Hellenic ship owners With the Handymax sector now emerging as one of the most attractive among its piers, when it comes to looking for an added value n terms of supply/demand balance is shaping in the years to come, it’s no surprise that Hellenic ship owners are actively on the lookout for more investments towards that direction. According to a recent report from N.Cotzias Shipping Group, which looks to the current ‘competition’ between the Hellenic and the Chinese maritime communities for the global lead in terms of fleet sizees, ‘Chinese buyers prefer larger ships possibly with focus that these ships can server their own cargoes. The Greeks on the other hand buy dry cargo vessels with an average age of only 8 years, an average size of 60,000 tonnes at an average price of $35.6 US dollars. The Chinese buy older bigger and cheaper, with average age being 16.7 years, the average size 81,000 tonnes and average price paid $20 mil US dollars’ said the shipbroker. He went on to mention that it is an observed trend that Greeks have been buying more Handymax and Handysize units during the past months. We should note here that Handymax and the smaller Handysize ships apart from having the smallest Newbuilding Orderbook, may perhaps represent the size sector that may be exposed to less threat from China as Chinese concentrate on the larger units. The added advantage of these acquisitions is that it can present the best solution for the next years, as countries like India and Indonesia which have not yet developed satisfactory port infrastructure suitable for accommodating Capes will need a great deal of raw materials, cement, iron, coal, iron ore to achieve the development of basic infrastructure facilities that will enable their further’ said the report. Meanwhile, the newbuilding market has remained active this week, with continual reports of new business being concluded. According to Clarksons, ‘as we now firmly enter the final quarter of the year, yards with outstanding 2011/2012 capacity still remain aggressive for new business - and with such outstanding capacity mainly existing in China - it is the Chinese yards that have superseded their Korean counterparts and are leading the charge in terms of new business in this final portion of the year. This week we have also seen many of the yards Distribution : daily 14725+ copies worldwide 07-11-2010 Page 5 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2010 – 311 announce strong 3Q results to the market - and we can also note that this further surge in profits has been triggered not only by continual ordering in both Dry and Wet - but an increased focus and yield from the offshore and container sectors. Going forward - there certainly remains a healthy enough volume of enquiry to suggest that the 4Q will also deliver similarly positive results - and culminate in 2010 ultimately being a strong year for the yards. Certainly in the short term, the market remains robust and it will now be a case of yards formulating strategy as we move into 2011 and trying to find a way of maintaining momentum in what holds the potential to be tighter market on the chartering side and a steady influx of new orders delivering onto the market’ Clarksons’ report said. In terms of reported business: In Dry, Akmar Shipping have signed with Sungdong to build 2 x 82,000dwt Kamsarmaxes for deliveries in 2012 at circa USD 37 Mill per vessel. Meanwhile First Steamship have ordered 1 option 1 x 82,000dwt Kamsarmax for deliveries from Sep 2012 at Beihai Shipbuilding. Ray Shipping are reported to have signed 4 x 56,000dwt Supramax bulkers at Hyundai Mipo with these due to deliver in 2H 2012 and early 2013. In Wet, Central Mare are reported to have ordered 2 option 2 x 157,000dwt Suezmax tankers at Jiangsu Rongsheng with these vessels due to deliver in 2013 and 2014. In Other Sectors, COSCO are reported to have ordered 4 x 28,000dwt MPPs at Nantong Cosco KHI for USD 15.6 Mill per vessel with these to deliver from mid 2013 onwards. Viking lines have ordered a 57,000GT Pass/Car Ferry at STX Finland (Turku) for delivery in 2013. Norwegian Cruise line have ordered 2 x 143,500 GT Cruise ships at Meyer Werft for deliveries in 2013 and 2014. Finally, Torghatten Trafikkselskap have ordered 4 x 4,200 GT LNG powered Pass/Car Ferries at Gdanska Remontowa for delivery in 2013.
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