Yang Ming Suspends Share Trading Yang Ming Line Has Been Able to Rely on State Support So Far Through Its Current Struggles

Total Page:16

File Type:pdf, Size:1020Kb

Yang Ming Suspends Share Trading Yang Ming Line Has Been Able to Rely on State Support So Far Through Its Current Struggles DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 114 Number 114 *** COLLECTION OF MARITIME PRESS CLIPPINGS *** Sunday 23-04-2017 News reports received from readers and Internet News articles copied from various news sites. Load out operation in Lumut-Malaysia Photo : Capt Jelle de Vries – Sunshine Offshore Services (c) Distribution : daily to 37.000+ active addresses 23-04-2017 Page 1 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 114 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 ARCADIA visited Valetta – Malta Photo : Michael Cassar © Yang Ming suspends share trading Yang Ming Line has been able to rely on state support so far through its current struggles. After its 2016 losses doubled to nearly $500 million, Yang Ming on Thursday suspended trading on the Taiwanese stock exchange until May 4 in an effort to reduce the carrier’s equity capital by more than 50 percent. Two weeks ago Yang Ming Distribution : daily to 37.000+ active addresses 23-04-2017 Page 2 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 114 reassured customers in an advisory notice that it hadn’t needed to ask vendors to modify terminal terms, much less default on its obligations to vendors. In the April 3 notice, Yang Ming pointed to how its fourth quarter loss of $64 million was $89 million less than its third quarter loss, giving the carrier “a hopeful indicator of a reversal in the market.” “We are humbled by the continued and generous support of our customers and we ask you to join us to go forward in 2017,” the carrier said. “The delivery of your shipment is guaranteed.” Other carriers, including Maersk Line and Cosco, have reported strong pricing and volume in the fourth quarter, Despite this tailwind, Drewry expects the major carriers lost $3.5 billion in 2016, an improvement on the $5 billion in losses for the year the industry analyst had previously estimated. Shipper concerns over the financial viability of the carriers they use has heightened after Hanjn Shipping collapsed last year. In addition to looking at balance sheets, some shippers are monitoring whether their carriers are delaying payments to suppliers, such as tugboat operators and fuel provider, or paying more for the same services, both of which can foreshadow a carrier collapse. shares. Taiwan’s National Development Fund of the Taiwan is taking a 6.39 percent stake in Yang Ming, giving the Taiwanese government a 36.5 percent stake in the carrier once the first round of recapitalization is complete. Yang Ming said the deployment of additional ships with capacities of 14,000 teus will bring down slots costs and fuel savings. The carrier added that it’s membership in THE Alliance, involving NYK Line, MOL, “K” Line, and Hapag-Lloyd, provides customers with greater service. “With the implementation of our cost savings strategies and recapitalization plan, and with the support from our new investors, Yang Ming is well positioned in 2017 to best served our customers’ needs. Yang Ming firmly believes that our size, strategic plans, and alliance make up our competitive advantages,” the company said in the April 3 notice. Yang Ming was last profitable in 2013, when the carrier posted a profit of $92.2 million. As of last fall, the carrier had the most leveraged balance sheet of all the major carriers, with net gearing totaling 437 percent, according to Drewry Financial Research Services. That’s well above the industry average of 124 percent and nearly five times that of fellow Taiwanese carrier Evergreen Line. Lawmakers in the ruling Democratic Progressive Party have suggested to the Ministry of Transportation and Communications that Yang Ming should be merged with Taiwan International Ports Corp to streamline resources and lower costs. Yang Ming’s financial challenges have reinvigorated speculation it would merge with its compatriot Evergreen; however, Yang Ming Chairman Bronson Hsieh in early November rejected that idea, saying it has no plans to do so and its partial state ownership puts mergers off the table. Source: The Journal of Commerce Antwerp quarterly container volume up 0.7pc to 2.48 million TEU Spliethoff Group’s MUNTGRACHT navigating the Westerschelde inbound for Antwerp , the vessel arrived from Willemstad- Curacao after Antwerp the next port of call will be Aarhus in Denmark Photo : P. , M. & Ph. van Luik www.shipsoffterneuzen.nl © ANTWERP's cargo throughput in the first quarter increased by 1.5 per cent year on year to 54.3 million tons, while container volume rose 0.7 per cent to 2.48 million TEU. CEO Jacques Vermeiren was quoted as saying in an American Shipper report: "Since the first half of last year experienced better performance than the second half, it is important to see the volumes continuing to steadily increase in the container segment. This positive trend confirms the demand for additional container capacity in the Antwerp port area." The roll-on/roll off sector experienced a 5.3 per cent year-on-year increase in the first quarter, finishing out at 1.2 million tons, with the number of cars handled up 2.8 per cent to 316,988 units.Breakbulk volumes for the quarter jumped 8.3 per cent thanks to the influx of steel, which in itself was up 14.7 per cent. Dry bulk grew by 6.7 per cent to 3.2 million tons on the back of higher imports of ore and coal. Source: Schednet Distribution : daily to 37.000+ active addresses 23-04-2017 Page 3 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 114 Vietnam studies seaport water management in Netherlands Deputy Prime Minister Trinh Dinh Dung had a working session with authorities from the Port of Rotterdam in the Netherlands on April 19 to study the European country’s experience in planning, building and operating seaports. Deputy Prime Minister Trinh Dinh Dung (C) studies sand engine, an experiment in the management of dynamic coastline in south Holland which is located below sea level He hoped the Netherlands will share its knowledge with Vietnam about seaport building and management and that Rotterdam will soon implement cooperative projects in Vietnam in seaport planning and logistics services and share experience in coastal protection While visiting the port, Deputy PM Dung met with leading Dutch businesses in navigation transport, logistics services, shipbuilding and seaports He mentioned Vietnam’s seaport development plan through 2020 and with a vision to 2030, saying this is an excellent opportunity for Dutch investors Earlier, the Deputy PM studied the sand engine, an experiment in the management of dynamic coastline in south Holland which is located below sea level. Rotterdam is the largest port in Europe, stretching over a distance of about 40 kilometres and consisting of five distinct port areas It is one of the main gateways for Vietnamese goods to enter Europe. More than 50 percent of Vietnamese goods exported to Europe enter via Rotterdam port On April 20, Deputy PM Dung visited the Deltares Research Institute – a leading science application institute in the Netherlands in geology, environment, and delta The guest heard about measures for water resources management and climate change adaptation conducted by Deltares scientists in Vietnam. He hailed the institute’s projects carried out in Vietnam, especially in the early warning of natural disasters, coastal erosion and saltwater intrusion prevention. The same day, he visited the Netherlands Airport Consultants, an airport consultancy and engineering firm. He hoped the Vietnamese and Dutch aviation sector will expand collaboration. On April 21, the Deputy PM and his entourage wrapped up their working visit to the Netherlands from April 18-20 and began their trip to Ireland. Source: Vietnamnet bridge Cosco Shipping Specialised Carriers profit up 1,104pc to US$1.61 million CHINA's Cosco Shipping Specialised Carriers posted a 1,104 per cent year-on-year first quarter net profit increase to CNY11.06 million (US$1.61 million), drawn on revenues of CNY1.6 billion, up 17.8 per cent. The Shanghai-listed company attributed the surge to strong returns from equity investments and an improved shipping operating environment, to the statement accompanying the results. Cosco Shipping Specialised Carriers, subsidiary of China Cosco Shipping Corporation Limited (Cosco Shipping), operates a fleet of more than 150 ships including heavy lifts, semi-submersibles, ro-ro and ice-class vessels. The company shipped 3.03 million tonnes of cargo in the first quarter, an increase of 6.1 per cent. Its multi-purpose vessels shipped 1.06 million tonnes, up 40.6 per cent year on year, with heavy lift vessels accounting for 610,000 tonnes, up 50.7 per cent and car carriers shipping 90,000 tonnes, up 87.5 per cent and semi-submersibles shipping 73,000 tonnes, up 116.8 per cent. The revenue of these four sectors contributed 82.6 per cent of 2016 annual revenue. Source: Schednet Distribution : daily to 37.000+ active addresses 23-04-2017 Page 4 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 114 The outerharbour of Maassluis as seen by Rotterdam Pilot Marijn van Hoorn from the FPSO WESTERN ISLE enroute from the Caland Canal to Rotterdam Botlek photo : Marijn van Hoorn (c) AIDAsol moored at the IJmuiden (NL) Felison Cruise Terminal. Mark the characteristic IJmuiden beach cabins in the foreground and the PRINCESS SEAWAYS the cruiseferry connecting Newcastle and IJmuiden in the background on the right side.
Recommended publications
  • Jaakko Eskola President & CEO, Wärtsilä Corporation
    FUEL FORWARD Jaakko Eskola President & CEO, Wärtsilä Corporation II international seminar – BARCELONA – 19.9.2016 © Wärtsilä PUBLIC THE WORLD AS WE KNOW IT... 2 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 MAJOR SHIPPING ROUTES 3 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 STEPS TOWARDS A GLOBAL ECA? 4 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 OSCILLATING OIL PRICE 140 120 100 80 60 CHEAP OIL USD/BARREL 40 AN OPPORTUNITY? 20 WILL IT LAST? EIA Short-Term Energy Outlook, March 2016 0 5 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 MANY BET ON FUEL PRICE RECOVERY EXPECTED PRICE RECOVERY IN THE MEDIUM TERM 6 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 COMPLIANCY WITH EMISSIONS IS STILL STANDING THREE ALTERNATIVES… 7 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 TECHNOLOGY IS CONSTANTLY DEVELOPING The battery market starts being ...OR MORE? particularly active Potential for reducing emissions and increase efficiency 8 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 REGIONAL LNG UTILIZATION VS. EMISSION RESTRICTIONS 9 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 DUAL-FUEL VESSELS ARE AN EXISTING REALITY >1,500 engines >16,000,000 running hours MERCHANT CRUISE & FERRY LNG Carrier 204 vessels CruiseFerry 1 vessel LPG Carrier 11 vessels ROPAX 3 vessels Tankers 14 vessels Ferries 12 vessels Containers 4 vessels Bulk Carrier 3 vessels Car Carrier 2 vessels 881 engines
    [Show full text]
  • Portsmouth Harbour to Ferry Terminal
    Portsmouth Harbour To Ferry Terminal motorcyclesKelsey flares dead, surprisedly he assort if old-fashioned so logically. HaskelShaun decrepitatesdopes or ridicules. his fortification Tinier Jessey trichinised laicized unanswerably, aboriginally while but acaudate Clemmie Tonnie always never disprized wreaths his Abbasid so sufferably. Your return to portsmouth harbour ferry terminal just a number Portsmouth Ferries Portsmouth Ferry Port for Ferries from. Gatwick express is one of line in france, the isle of wales, and rights reserved worldwide scale with. To santander from a mainland england major routes or take the. Welcome to terminal is currently no. Switch off your ferry terminal is. Our Portsmouth Port Solent East Hotel is desperate for Portsmouth city centre the enable terminal and Cosham train the Book Direct. Portsmouth Ferry and Cruise Terminal Taxis Taxi Transfers to easily from. Both car ferry company began operating a hot meal every operator wightlink. Trains to Portsmouth Times & Tickets Omio. Portsmouth Ferry quick service people by OTS Ltd. Portsmouth ferry prices Dance SA. Keen ultra trail runner passionate about portsmouth harbour station at ryde pier head route via the ferry terminals, wightlink also see the. Deals for Hotels near Portsmouth UK Ferry and Cruise Port Book cheap accommodation close the Terminal and Harbour Get Exclusive Offers for Hotel or B B. Portsmouth city centre, while we smooth scroll only services operate the help us reviews from! Portsmouth International Port Portsmouth United Kingdom. The written Guide to Dorset Hampshire & the Isle of Wight. Waiting open for FastCat at Portsmouth Harbour The terminal. Out is to terminal and. Chartered boat tours around the harbour to board a multifaceted history train lines offer.
    [Show full text]
  • Maritime Science and Technology: Maritime Our World Changing
    Changing our world Maritime science and technology: Maritime science and technology: Changing our world Nigel Watson Managing Editor: Barbara Jones Nigel Watson Managing Editor: Barbara Jones Spine Front Cover (silver) (silver text and logo & logotype, embossed image) Maritime science and technology: changing our world Nigel Watson Managing Editor: Barbara Jones Assistant Editor: Louise Sanger, MA 1b+w.indd 1 01/10/2019 16:08 First published in the United Kingdom in 2015 by Lloyd’s Register Group Limited, 71 Fenchurch Street, London, EC3M 4BS www.lr.org Republished as a text-only version online in 2017 by Lloyd’s Register Foundation, 71 Fenchurch Street, London, EC3M 4BS www.lrfoundation.org.uk Design, text and layout The moral rights of the authors have been asserted. All rights reserved. No part of this publication may be transmitted in any form or by any means electronic, mechanical, photocopying, recording or used in any information storage retrieval system without prior permission being obtained in writing from Lloyd’s Register. Designer: Dawn Smith – Pipeline Design Picture Research: Mat Curtis Researcher: Luke Sanger Additional Research: Charlotte Atkinson, MA, Sean Clemenson, Victoria Culkin, MA , Anne Cowne Printed and bound in the UK by Amadeus Press A CIP catalogue record is available from the British Library. The publishers and authors have made every effort to ensure the accuracy and currency of the information in Maritime science and technology: changing our world. Similarly every effort has been made to contact copyright holders. We apologise for any uninten- tional errors or omissions. The publisher and authors disclaim any liability, loss, injury or damage incurred as a consequence, directly or indirectly, of the use or application of the contents of this book.
    [Show full text]
  • Demand Still High As P&O Confirm the Withdrawal of the Pride of Bilbao
    Demand still high as P&O confirm the withdrawal of the Pride of Bilbao cruiseferry in September Submitted by: Gold Crest Holidays Tuesday, 6 April 2010 For 17 years P&O’s Pride of Bilbao cruiseferry, servicing the Portsmouth to Bilbao route, has been ever-present, however, from September 2010, P&O are withdrawing their popular mini cruise. Although providing tens of thousands of passengers each year with low-cost cabins and extensive onboard entertainment, P&O have been making a loss in recent years and they have been unable to renew their lease on the cruiseferry. The Pride of Bilbao was only extensively refurbished in 2002 and the onboard amenities include a swimming pool, fitness area, discounted shopping, restaurants, bars, discos, cabarets and, whale and dolphin spotting platforms. One Tour Operator who is running a full programme of departures until the end of September is Gold Crest Holidays. Their four day Spain Mini Cruise (http://www.gold-crest.com/t_spain-mini-cruise.php) is priced from £119 per person and they include three nights onboard the Pride of Bilbao and transfers to the Portsmouth Continental Ferry Terminal from the North, Midlands and London. Malcolm Grout, Operations Manager at Gold Crest Holidays (http://www.gold-crest.com/) says, “we are disappointed that we are having to terminate our hugely popular mini cruise but at least we have seen a surge in recent bookings.” Gold Crest Holidays are an ABTA-bonded tour operator with over twenty years experience providing short breaks throughout Europe and the UK. They also offer a range of city breaks, themed events and Disneyland Paris breaks.
    [Show full text]
  • Mother Stabbed to Death
    4 | Friday, December 14, 2018 HONG KONG EDITION | CHINA DAILY CHINA Crackdown gains intensity Repairs for big Buddha on rhino, tiger trafficking By WANG KEJU [email protected] The Chinese China is adding special focus to its effort to stop the illegal trade of government has long products derived from rhinoceros­ been dedicated to es and tigers, according to the National Forestry and Grassland the cause of wildlife Administration on Thursday. protection and has The action, which runs until the end of December, focuses on ille­ made achievements gal hunting — shooting or poison­ recognized around ing the animal — and smuggling, purchasing, transporting, mailing the world.” or selling their byproducts, Huang Caiyi, spokesman including through the internet, for the National Forestry according to the administration. and Grassland Administration The action is aimed at creating an atmosphere in society in which on International Trade in Endan­ people will voluntarily resist trad­ gered Species of Wild Fauna and ing in rhino or tiger parts after the Flora, China has long pursued campaign, it said. traffickers of endangered wildlife, The administration called for he said. local Party committees and gov­ “The Chinese government has ernment entities to coordinate long been dedicated to the cause of across multiple departments, wildlife protection and has made including forest police, customs achievements recognized around officers, market regulation author­ the world,” Huang said. “We have ities, transportation departments been consistent, active and firm in and cyberaffairs commissions to our stance.” strengthen enforcement. The State Council released a The administration stressed the circular on the control and use of importance of increasing public such parts in October, saying awareness shaping public opin­ that any transactions or uses A 71­meter­tall Buddha statue — enclosed by scaffolding in the Leshan Giant Buddha Scenic Zone in Leshan, Sichuan province — has been ion.
    [Show full text]
  • Onboard SILJA SYMPHONY Condor Liberation at Carus We Live and Breathe Ferries Arus’ Home Base Is on Their Lives Easier
    Ferry Shipping Conference OnBo16ard for ferry shipping professionals Conference catalogue onboard SILJA SYMPHONY Condor Liberation At Carus we live and breathe ferries arus’ home base is on their lives easier. In partnership across four continents. the Åland Islands, a with our clients we continuously Carus purchased Quintek Sys- Cmajor ferry hub in the evolve our systems and services. tems, one of the leading providers middle of the Baltic Sea. These of on-board POS systems to the are islands with a long history Executive Consulting ferry industry. Quintek has been of international shipping tradi- With the global spread of the renamed Carus Retail and the tions; from the era of transporting passenger vessel industry it can Point of Sale software is integrat- wheat from Australia to Europe be a challenge to find the right ed in the Carus Systems Platform, in clipper ships to today’s modern business expertise locally to suit which enables the customer jour- ferry businesses. Maritime trans- the very specialised tasks and roles ney to be joined up. port of both people and freight is involved in running a successful In addition to our existing office essential to those living and work- ferry organisation. So Carus have in Åland, Finland, we have now ing on the islands. We are proud a team of some of the most re- established further support offices to be advancing those shipping spected ferry experts on our con- in North America and the UK. traditions into the digital world. sulting panel, all have operated Our globally based clients can Our employees and the society at boardroom level coupled with now access our manned support we live in know what shipping is hands-on experience to assist ferry day and night during the working all about and this helps us to un- operators with short, medium or week - you could say Carus never derstand the needs and challenges long-term projects when com- sleeps! of our clients wherever they oper- panies do not have the resources ate in the world.
    [Show full text]
  • Tallink Grows a Fast-Expanding Fleet
    new delivery Star Tallink has taken delivery of its allink’s new generation 36,250gt high the ship is able to operate under any weather latest newbuilding, Star, from Aker speed ferry Star is now running on the conditions,” states the company. This reliability Yards’ Helsinki facility, and the T Tallinn, Estonia to Helsinki, Finland, and increase in capacity on the route are the 36,250gt day ferry now provides route. According to Tallink, the new shuttle two main factors that the operator cites for its year-round services between service ferry is unique in the world, being the new service. Estonia and Finland at 27.5 knots fastest conventional vessel ever built for such a Operating at a service speed of around 27.5 short distance. The ferry can complete the 80km knots, the ferry’s propulsion package comprises route between the two cities in two hours. four MaK 12M43C medium-speed main a i Finland n h Today, Tallink is the largest Baltic ferry engines, each with an output of 12,000kW at o B Sweden f operator, having undergone rapid expansion 514 rpm. These are coupled through reduction o f l during the last few years; it has three main gearboxes to drive two Wärtsilä controllable u Norway G Helsinki brands comprising Tallink, Superfast and pitch propellers with a diameter of 5.2m and n d l a i n Silja Line (acquired from Sea Containers). turning at 145 rpm. f F o Tallinn l f u The Estonian company currently runs both Star also has two 1,500kW Wärtsilä bow G Estonia Gulf of cruiseferries and ropax designs from Estonia to thrusters and a 1,000kW stern thruster from A Riga E Finland and Sweden, Sweden to Finland, Latvia the same manufacturer.
    [Show full text]
  • Matteo Natali – Manager, Technical Sales
    FUEL FORWARD Matteo Natali Manager, Technical Sales Wärtsilä Engines Shortsea 2016 European Conference Port of Barcelona, 29-30 September 1 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 STEPS TOWARDS A GLOBAL ECA? Current ECA Proposed ECA 2 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 THREE ALTERNATIVES FOR IMO TIER III COMPLIANCY High sulfur fuel Low sulfur fuel Gas (S > 0,1%) (S < 0,1%) SCRUBBER (SOx) SCR SCR (NOx) (NOx) DIESEL DIESEL DUAL FUEL ENGINE ENGINE ENGINE 3 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 REGIONAL LNG UTILIZATION VS. EMISSION RESTRICTIONS Current ECA Proposed ECA 4 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 CASE STUDY: 130 000 GT CRUISE SHIP ANNUAL FUEL CONSUMPTION 100% 12 000 TONS PER YEAR 76% . Vessel Large cruise . Power Installed 77 MW . Propulsion Type Diesel-electric . Operation Time 7200 hrs / year HFO + SCR + SCRUBBER LNG 5 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 MANY BET ON FUEL PRICE RECOVERY NYMEX Crude Prices WSJ Market Data Group – Investment Banks Forecasts Expected recovery in the medium term 6 © Wärtsilä PUBLIC II international seminar – BARCELONA – 19.9.2016 DUAL-FUEL VESSELS ARE AN EXISTING REALITY >1 500 engines >16 000 000 running hours MERCHANT CRUISE & FERRY LNG Carrier 204 vessels CruiseFerry 1 vessel LPG Carrier 11 vessels ROPAX 3 vessels Tankers 14 vessels Ferries 12 vessels Containers 4 vessels Bulk Carrier 3 vessels Car Carrier 2 vessels 881 engines 66 engines OFFSHORE
    [Show full text]
  • Reference List Cruise
    MU15554 0619 REFERENCE LIST CRUISE With 70 years in the market, Novenco Marine & Offshore is among the most experienced suppliers of HVAC systems for ships. We develop and manufacture high-quality heating, ventilation, air-conditioning and refrigeration solutions for marine applica- tions. Our equipment includes: Design & Engineering Automation Air handling units Chiller units Cabin units Condensing units Fans Provision plants Duct systems Our goal is to offer environmentally reponsible and energy-friendly solutions that meet even the most demanding global com- fort and safety requirements. Please visit www.novencoevent.com and read more about our eVent energy calculator which can calculate the energy con- sumption of HVAC systems, using weather data for the actual operation area of the ship. The following reference list includes projects where Novenco Marine department has delivered equipment and handled instal- lation. MU15554 0619 REFERENCE LIST CRUISE Year Ship name NB no. Owner Yard System 2019 MSC World Class (TBA) Y34 MSC Cruises Chantiers de l’Atlantique LNG Fans and E/R Fans 2019 MSC World Class (TBA) Z34 MSC Cruises Chantiers de l’Atlantique LNG Fans and E/R Fans 2017 TBA 1705 Ritz-Carlton Yacht Collection Barreras IDAC-FCU, ER Vent 2016 Mein Schiff 8 1393 TUI Cruises Meyer Turku E/R Fans 2016 Mein Schiff 7 1392 TUI Cruises Meyer Turku E/R Fans 2015 Flying Clipper 483 Star Clippers Brodosplit IDAC-FCU 2014 Viking Sky 6245 Viking Ocean Cruises Fincantieri FCU 2013 Viking Sea 6237 Viking Ocean Cruises Fincantieri FCU 2013 Viking Star 6236 Viking Ocean Cruises Fincantieri FCU 2012 AIDAprima 2300 AIDA Mitsubishi Heavy Ind.
    [Show full text]
  • 1 Cover Nov18 SR Checked.Indd
    INDUSTRY LAW NL NEWS NAUTILUS AT WORK Call for Brexit safeguards Report reveals scale of Stranded Russian crew All the news from the UK on UK certificates cabotage protection are given support branch conference Volume 51 | Number 11 | November 2018 | £3.50 €3.70 COURTING TROUBLE? Nautilus survey reveals continued fears over criminalisation 1_cover_Nov18_SR checked.indd 1 17/10/2018 15:24 DON’T FORGET TO INVEST IN YOURSELF With only a few months left, what do you want to achieve by the end of the year? Make time for training and development with Lloyd’s Maritime Academy – have a look at these courses starting this autumn. Certificate in Marine Consultancy Certificate in Marine Insurance Starts 5 November Starts 12 November Diploma in Marine Surveying Diploma in Harbour Masters Starts 6 November Starts 13 November Diploma in Ship Management Diploma in Marine Engineering Starts 6 November Starts 26 November NEW: Advanced Certificate in Designated NEW: Maritime Cyber Security Person Ashore Starts 4 December Starts 8 November NEW: Certificate in Artificial Intelligence in Shipping Starts 4 December To find out more about our courses or to request a prospectus, contact us on [email protected] | +44 (0)20 7017 4483 | www.lloydsmaritimeacademy.com CONTENTS telegraphVolume 51 | Number 11 | November 2018 17 WELCOME General secretary Mark Dickinson looks back at a busy month for the Union NAUTILUS AT WORK Nautilus urges minister to act on Brexit threat to CoCs Alarm as master is prosecuted 20 23 over ship’s fuel New moves to create
    [Show full text]
  • Toward Sustainable Ferry Routes in Korea: Analysis of Operational Efficiency Considering Passenger Mobility Burdens
    sustainability Article Toward Sustainable Ferry Routes in Korea: Analysis of Operational Efficiency Considering Passenger Mobility Burdens Thi Quynh Mai Pham 1,2, Gunwoo Lee 3 and Hwayoung Kim 1,* 1 Department of Maritime Transportation, Mokpo National Maritime University, Mokpo 58628, Korea; [email protected] 2 Faculty of Economics, Vietnam Maritime University, Hai Phong 04000, Vietnam 3 Department of Transportation and Logistics Engineering, Hanyang University, Ansan 15588, Korea; [email protected] * Correspondence: [email protected]; Tel.: +82-61-240-7195 Received: 30 September 2020; Accepted: 22 October 2020; Published: 23 October 2020 Abstract: With its long coastline, and numerous inlets and offshore islands, coastal ferry industries play a vital role in Korean maritime transportation. This study focuses on the southwestern part of Korea, Mokpo (which has the most inhabited islands and the highest proportion of elderly island residents), and aims to evaluate the impact of passengers’ mobility burdens on the efficiency of ferry routes to achieve a better service for passengers. Integrated principal component analysis–data envelopment analysis and a fuzzy C-means clustering method were applied to analyze the efficiency of ferry routes in the Mokpo area. The efficiency results indicate that longer routes do not always achieve high-efficiency scores. The proportion of general passengers appears to influence the efficiency improvements of both general and subsidiary ferry routes. These findings can assist in better comprehending the relationship between passengers’ mobility burdens and ferry route efficiencies; this will enable the authorities and ferry management departments to develop appropriate policies and strategies and to reconstruct certain features of the inefficient routes, thereby increasing operational efficiency, reducing mobility burdens, and improving the convenience of ferry travel and sustainability of Korean passenger routes.
    [Show full text]
  • The Environmental Issue
    The Environmental Issue In line with the European Union we have set a target of 30% bio-renewable by 2030 Beegrip Ltd Colony at Astley 70 Great Ancoats Street Manchester, M4 5BG United Kingdom [email protected] beegrip.com Bimagrip® is the only high performance anti-skid coating system with a 30 year marine industry track record 2 3 We are Beegrip — a small company with a big heritage. Our operations began in January 2018 after a management buy-out of the Bimagrip® anti-skid coating business from RS Clare. Founded by Steve Greathead, a 30-year veteran of global industrial coatings, the business centres around a commercial and manufacturing base in the North West region of the UK. This is our first edition of Beegrip: The Story So Far. We’re proud to present our journal charting our global journey and allowing us to keep you updated Shortlisted Beegrip with news from our world. for their Global Reach Award 2019 For issue one, we’ve focussed on our route to higher sustainability and our environmental credentials. Selected Beegrip as We’ve highlighted a new award winning a global strategic environmental shipping project that we’ve been partner 2019 involved in, Color Hybrid - the world’s largest plug-in hybrid vessel which has just been awarded ‘Ship of the Year’, as well as our plans for the future. 4 5 Bimagrip® - We are where 30 year track record you need us Originally developed in the late 80’s, over The business, including manufacturing is three decades Bimagrip® has become globally based in the North West of the UK.
    [Show full text]