DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 107

Number 107 *** COLLECTION OF MARITIME PRESS CLIPPINGS *** Sunday 16-04-2017 News reports received from readers and Internet News articles copied from various news sites.

Dockwise BLACK MARLIN with crane Barge onboard at Umm Qasr Photo : Capt Alexander Belousov Master Black Marlin (c)

Make Time For Safety. It Is Better To Be 5 Minutes Late In This Life Than Many Years Early In The Next.

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The sheerlegs MATADOR under tow of the PIETER L and ithe MATADOR 3 under tow of the JAN LEENHEER followed by the Russian flagged general cargo vessel BARENTS in the port of Rotterdam Photo : Warner Leijenaar (c) At least 11 dead in Indonesian boat accidents At least 11 people were killed on Thursday (Apr 13) in two separate boat accidents on Indonesia's main island of Java, officials said. Five others were reported missing in the waters of a vast archipelago that relies heavily on boat transport but has a poor safety record. In the first incident, a wooden boat in Majalengka district flipped over on a river as it carried 22 people who were mostly farmers heading to harvest their crops. Nine people died and 13 survived, local police spokesman Yusri Yunus told AFP. Authorities were still investigating what caused the accident, he said. In the second accident, two people died and rescuers were searching for five others missing after a passenger boat capsized in the sea off the coast of Sidoarjo district. Six others survived the accident, which happened when the vessel ran into rough waters, said local disaster agency chief Abu Hasan. Boat accidents are common in Indonesia. In January, 23 Indonesian tourists were killed when a massive fire erupted in a boat carrying hundreds of people to an island north of Jakarta to celebrate the New Year. Source : Channelnewsasia

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New Shore-Side LNG Storage Tanks Ready To Work At JAXPORT

Contractors at JAXPORT have securely fastened two, 260-ton cryogenic liquefied natural gas (LNG) storage tanks onto their foundations at Crowley Maritime Corporation’s new shore-side fueling facility on Talleyrand Marine Terminal. The tanks arrived at Talleyrand aboard the BBC Chartering vessel, BBC MOONSTONE, from Hamburg, Germany. Highly trained stevedores from port partner Seaonus loaded the tanks onto a specialty 26-axle trailer for transport to their permanent location on the terminal.Jacksonville is leading the clean fuel revolution with JAXPORT tenants investing millions in ships and equipment as pioneers in the use of LNG as a preferred fuel source for the maritime industry.

Photo’s : JAXPORT

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High-tech VTS System to Guide Iron Ore Giants

Birdseye view of Port Hedland Photo’s : Piet Sinke (c) CLICK at the photo’s & hyperlinks in the text ! One of Australia’s most important economic gateways will soon house a state-of-the-art shipping management control system to be installed at Port Hedland, the world’s largest bulk export port. The system includes a command and control system integrated with advanced radar, long-range closed circuit TV and voice radio technology to safely manage and guide thousands of ship movements in and out of the tidally constrained port with pinpoint precision. The Vessel Traffic Service (VTS) will be designed and installed by Australian port management and navigation technology integration company Australian Maritime Systems Group (AMSG). The VTS is part of a $70.7 million investment by Pilbara Ports Authority in a new Integrated Marine Operations Center. AMSG Managing Director John Sugarman said the system would help drive improvements in safety, productivity and efficiency. “The incredible volumes being exported through Port Hedland, combined with its unusual geography and tidal conditions, presents a massive challenge to Pilbara Ports Authority and one which AMSG is proud to deliver a technical solution for,” Sugarman said. “Vessels up to 340m in length have to be guided through a narrow channel to reach Port Hedland – a vessel leaves the port every 30 minutes during a tidal sailing window of four to five hours. Right : John Sugarman (Photo: Australian Maritime Systems Group)

“The safe and efficient movement of ships is absolutely critical to ensure Port Hedland can operate 24 hours a day, 365 days of the year – while ensuring maximum export opportunities.” A record 460.4 million metric tons of total throughput was exported through the Port of Port Hedland in the last financial year – or around $100 million worth of commodities every day. Pilbara Ports Authority’s General Manager Operations Captain John Finch said the new VTS is an example of the organization’s commitment to industry leading practices and technologies that optimise performance and enhance safety across its ports. “Pilbara Ports Authority has a strong focus on continuous improvement and looks forward to commissioning the world-class VTS system to help manage thousands of vessel movements at the port each year,” said Captain Finch. The new system will be commissioned following construction of the Integrated Marine Operations Centre in late 2018. The core of the system has been developed using the premier Saab V3000 Command and Control VTS Software, which has been implemented at many of the world’s largest and busiest ports, including international giants such as Shanghai, Hong Kong and Rotterdam, and Darwin and Fremantle in Australia. The VTS will also integrate systems and products from global providers such as Kelvin Hughes (radar), Silent Sentinel (CCTV) and Zetron Australia (Voice Switch). The system will be fully designed, built and tested at the AMSG Brisbane factory, then transported to Western Australia for installation and on-site testing and commissioning.

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CLICk at the above photo’s to view the high resolution photo ! The new contract further strengthens the partnership between AMSG and the port authority, after AMSG designed and commissioned the VTS at the Port of Dampier – the world’s second-largest bulk export port source : Marinelink Sovcomflot’s Board of Directors is satisfied with the company’s robust performance in 2016

Sovcomflot’s MOSCOW KREMLIN anchored off Singapore last Wednesday – Photo Piet Sinke (c) CLICK at photo & hyperlink in text ! At a meeting held on 11 April 2017, the Board of Directors of PAO Sovcomflot reviewed the results of SCF Group’s operations in 2016. According to the company’s press release, the Board gave provisional approval to the company’s 2016 Annual report and accounts. The Board of Directors noted that SCF Group had achieved good operational and financial results for the reporting period despite a significant downturn in the tanker market, where spot freight rates had fallen by more than 40% compared to 2015 and time-charter rates had declined by up to 25%. Gross revenue for 2016 reached USD 1.388 billion (2015: USD 1.483 billion). EBITDA amounted to USD 706.5 million (2015: USD 780.1 million). Net profit was USD 206.8 million (2015: USD 354.5 million).Ilya Klebanov, Chairman of the Board of Directors, said: “The Board of Directors is satisfied with the performance of Sovcomflot in 2016. The company is systematically implementing its Development strategy focused on expanding participation in long-term oil and gas projects with a fixed return, which enables the company to successfully overcome high volatility in the tanker market and consistently achieve positive operating results. During the reporting period Sovcomflot actively developed mutually beneficial cooperation with Russian and foreign charterers, and domestic shipbuilders aimed at developing and implementing effective technical solutions that make seaborne energy transportation safer for the environment. These measures will no doubt allow Sovcomflot to strengthen its position as a technological leader in the energy shipping.” Alexey

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Klyavin, Chairman of the Strategy Committee of the Board, noted: “The Strategy Committee of the Board of Directors believes that the company has successfully accomplished the tasks set for 2016 in its Development Strategy. Worthy of mention, among the most significant projects implemented in the reporting period, are the start of year-round seagoing transportation of crude oil from the Gulf of Ob by SCF’s high-tech vessels of the Shturman Albanov series under the Novy Port Project, as well as the completion of preparations for ice trials and the commissioning into the fleet of the world’s first ice-breaking tanker, Christophe de Margerie, designed to serve the Yamal LNG Project.” David Moorhouse, a member of the Board of Directors, added: “In 2016, the company completed the development of а project, designed to improve the environment for all, through the substitution of gas for heavy fuel oil. The new technology will be used to power the next generation of Aframax tankers and will signal the start of a global transformation of maritime transport towards more efficient and environmentally friendly technologies. The use of LNG fuel will significantly improve vessels’ environmental performance, and meet the growing desire of SCF Group’s customers to see their shipping requirements provided with the minimal adverse impact on the environment” In accordance with the current dividend policy of the company, the Board of Directors proposed to allocate RUB 6,141 billion for dividends. PAO Sovcomflot (SCF Group) is one of the world's leading shipping companies, specialising in the transportation of crude oil, petroleum products, and liquefied gas, as well as servicing offshore upstream oil and gas installations and equipment. The Group’s fleet comprises 147 vessels with a total deadweight of over 13.1 million tonnes. The company is registered in St. Petersburg with offices in Moscow, Novorossiysk, Murmansk, Vladivostok, Yuzhno-Sakhalinsk, London, Limassol, and Dubai. The Group offers a wide range of vessels in the market segments most demanded by major Russian oil and gas companies. With its own technical development and unique approach to advanced technologies, Sovcomflot can meet the most demanding customer requirements, providing effective transportation for oil & gas companies. Source : Portnews / Sovcomflot

BUNUN INFINITY arriving Wellington in a stiff northerly wind. Photo : Chris Rabey (c)

Port of Rotterdam Authority and National LNG Platform will conduct research into use of bio LNG in transport sector

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The Port of Rotterdam Authority and the National LNG Platform will be starting a joint study that focuses on opportunities to develop LNG from renewable sources as a transport fuel in the port of Rotterdam. LNG is considerably cleaner than other fuels, and engines that run on LNG also generate less noise. According to the port’s press release, relying on bio LNG rather than regular LNG allows users to drastically reduce CO emission levels. Electric transport options are expected to form a major means to cut back CO emissions in passenger transport over the next few years. But for the moment, electric propulsion systems are not a viable alternative for inland shipping,₂ maritime shipping and heavy road transport. Compared to diesel fuel and fuel oil, LNG (liquid₂ natural gas) is a far cleaner option, with a significantly smaller footprint: up to 15% lower CO emissions, 85% less nitrogen oxides, zero sulfur and particulates and far quieter engines. On top of this, bio LNG offers another advantage: the emitted CO is part of a so-called short cycle: CO emissions are actually neutralised by the associated CO₂ uptake. In other words, bio LNG is a sustainable option that can be both used as a stand-alone fuel or mixed with fossil-based LNG. ₂ ₂ ₂ LNG is already supplied as a transport fuel to shipping and heavy road transport from the Gate Terminal (operated by Gasunie and Vopak) in the port of Rotterdam. The Port Authority and the National LNG Platform will now be jointly examining the opportunities there are to develop bio LNG as a transport fuel in the port of Rotterdam. In the view of the LNG Platform, this partnership aligns very well with the current LNG Covenant. The study can be broken down into three key elements. In the first place, the existing and expected availability of production technologies and processes in the period until 2030. Secondly, a market study that includes scenarios that go into the availability of sustainable feedstock and the future development of demand. And finally, business cases for the production, transport and transhipment of bio LNG in Rotterdam’s port area. A total of eight companies that are members of the National LNG Platform will be supporting the study with their technical, legal and financial expertise and knowledge of the market. The partners aim to round off the study by the second half of 2017. Based on the research findings, it will be decided whether – and if so, in which form – Rotterdam will be developing a bio LNG programme. Allseas Pioneering Spirit one of three vessels to lay Baltic Sea gas pipeline Allseas is to use three pipelaying vessels, including the world’s largest the PIONEERING SPIRIT, for a contract with Nordstream 2 to lay a natural gas pipeline in the Baltic Sea. Nordstream 2 said it had signed the contract with Allseas for the pipeline on 6 April. The contract follows a Letter of Intent signed in December. Allseas will use three pipelaying vessels: PIONEERING SPIRIT – the world’s largest construction vessel of, as well as the SOLITAIRE and the AUDACIA. Pipelay works are to be undertaken in 2018 and 2019. Photo: Hans van der Linden www.facebook.com/aerolinphoto. (c) “The utilisation of the dynamically-positioned pipelay vessels, which are able to carry out precise maneuvering without anchors, should ensure additional environmental protection and safety in the congested Baltic Sea,” Nordstream 2said. Nordstream 2 will be one of the world’s longest offshore gas pipelines at some 1,200 km running under the Baltic Sea, starting from the coast of Russia and reaching landfall near Greifswald in Germany. Source: Seatrade Maritime Ultra Petroleum Exits Bankruptcy With $3 Billion New Financings

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Ultra Petroleum Corp. said April 12 it successfully emerged from Chapter 11 bankruptcy following a $2.98 billion exit financing which paid the Houston-based company's creditors in full. As part of its reorganization process, which the company entered April 2016, Ultra issued 195 million shares of new common stock to its existing stockholders, canceling out the existing stock. The company said its newly-issued common stock was approved to list on The NASDAQ Global Select Market and will begin trading under the ticker symbol "UPL" on April 13. "Today is an exciting day for Ultra Petroleum. We achieved the goals we have diligently pursued throughout our Chapter 11 proceedings: maximizing the value of the company for the benefit of all of our stakeholders," Michael D. Watford, Ultra's chairman, president and CEO, said in a statement. "We are extremely appreciative of the investors and institutions that supported our plan with the substantial equity and debt capital investments reflected in the nearly $3 billion of new financings we closed today." In support of its restructuring, Ultra closed the following financing transactions:

$580 million equity rights offering for common stock; $800 million senior secured term loan agreement with Barclays Bank Plc as administrative agent; $700 million of 6.875% senior notes due 2022; $500 million of 7.125% senior notes due 2025; and $400 million senior secured revolving credit agreement with Bank of Montreal as administrative agent. Ultra is an independent energy company with about 149,000 net acres in Wyoming's Green River Basin, Utah's Uinta Basin and the Marcellus Shale in Pennsylvania. Source : Reuters New Zealand’s First Passenger Ferry To Be Certified Under MLC Cook Strait passenger ferry the STRAITSMAN is the first New Zealand ship to be certified under the international Maritime Labour Convention (MLC). Maritime New Zealand congratulated Strait Shipping earlier this week for being the first commercial operator of vessels of 200 gross tonnage or more to comply with MLC, which came into force in New Zealand on March 9 this year. The certificate was presented by Bureau Veritas, the first classification society to issue such a certificate under delegation from Maritime NZ.

Bluebridge_STRAITSMAN

Photo : Jan Simons (c)

The International Labour Organization convention aims to protect international and domestic seafarers and improve their safety and wellbeing onboard foreign-flagged and New Zealand vessels. “We’re very pleased to see the first New Zealand ship certified under this convention,” says Keith Manch, Director of Maritime NZ. “Today is the culmination of a significant amount of work for Maritime NZ and the commercial maritime sector – in working through changes to the Maritime Rules to reflect the convention and liaising with the commercial sector about what is required to comply.” Source: maritimenz.govt.nz Very Large Crude Carrier Aground in Java Sea A very large crude carrier belonging to Belgian tanker company Euronav ran aground Wednesday while carrying a cargo of crude oil through the Java Sea, but the ship manager says the vessel is in good condition even as it remains stuck in the mud.

Euronav Ship Management confirmed Thursday that their 299,446 dwt VLCC ALEX was involved in a grounding incident on Wednesday, April 12 at approximately 10:15 UTC. The Belgium-flagged MT ALEX, which is laden with oil, was sailing in the waters between the Borneo and Sumatra on its way to China, when she apparently ran aground on a “soft mud bottom”, Euronav said in a statement. No injuries or pollution have been reported, and the vessel is said to be “safely aground” in good weather. “No breach of hull, water ingress or mechanical failure are apparent in the assessment made by the crew, while the Class surveyor is expected to board as soon as possible,” the statement said. With a fleet of 47 vessels comprising mostly

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VLCCs and Suezmaxes, NYSE-listed Euronav is the world’s largest independent crude oil tanker company. Built in 2016 by South Korea’s Hyundai Heavy Industries, the MT ALEX one of its newest and largest ships. “The emergency team is assessing the options for refloating the vessel,” Euronav said, adding that it has activated an emergency response plan and notified all relevant authorities. AIS data shows the MT ALEX was underway from Ras Tanura in Saudi Arabia to Ningbo, China.The MT ALEX measures 333 meters in length and has a draft of 21.6 meters. The vessel is 100% owned by Eurnav and operates on the SPOT market. Euronav actually owns the world’s biggest crude oil tanker, the TI-Europe, which has a deadweight of 441,561 tonnes. Source: gCaptain

Fethard RNLI Seeks Help of Local Community to Name their New Lifeboat

Following a hugely successful fundraising appeal which saw the community of Fethard raise the €65,000 needed to fund a new lifeboat, Fethard RNLI is asking the local community to choose the name of their new lifesaving vessel. The naming of an RNLI lifeboat is a special honour given to the donor of the boat and in this case, that is the people of the Hook peninsula. This new lifeboat represents the first time in the station’s history that Fethard RNLI have raised the funds locally that have been needed to purchase it. It was a huge appeal and the people of the Hook peninsula rose to the challenge. Since 1885 Fethard RNLI’s lifeboats were provided centrally by the charity from donors across Ireland and the UK. The current Fethard lifeboat Tradewinds was funded through the generosity of Mrs. Bríd Mulhern of Dunmore, a gift that Fethard RNLI was extremely honoured to benefit from and for which they owe a great debt of gratitude. Incredibly the funds needed to replace this lifeboat were raised

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in under twelve months.Commenting on the appeal for a name for Fethard’s new lifeboat Oonagh Hearne from Fethard RNLI said, ‘Our community generously gave the money for our very own lifeboat. Now we need a name that represents our community and their generosity. It needs to reflect the seafarers that our lifeboat serves, be respectful of the work the volunteer lifeboat crew carry out and echo our community’s long history and tradition of saving lives at sea. We’re looking for more than just a name; we are looking for an identity that conveys the importance of the work that this lifeboat will be carrying out.’Submissions should be submitted to the Fethard RNLI Lifeboat Operations Manager, Walter Foley by email to [email protected] by Sunday 30 April. A small committee representing Fethard RNLI Lifeboat Management Group will consider all suggestions and put that name forward to the RNLI. The new lifeboat is scheduled to arrive in December 2017 with the official naming ceremony to follow in summer of 2018. An announcement on the name will be made shortly after Easter. Source: coast monkey Cruise ship season kicks off in Vancouver, with a boost from Panama By : Glen Schaefer, Postmedia News The cruise ships and the crowds they bring to Vancouver are getting bigger, and you can thank (or blame) the newly expanded Panama Canal for that. Vancouver’s 2017 cruise season kicked off Tuesday with the arrival of the STAR PRINCESS at Canada Place cruise terminal. That ship’s up to 3,100 passengers are the first of an expected 840,000 cruise passengers on 237 vessel visits expected in Vancouver this year, a two-per-cent increase over 2016. “Were getting more calls, but also the calls we’re getting are bigger ships. They’re carrying more passengers,” said Carmen Ortega, the Port Authority’s manager of cruise services. “That’s the biggest change.” The largest of the 33 vessels that will be making regular stops in Vancouver this year are the RUBY PRINCESS and the EMERALD PRINCESS, each of which carry a maximum of 3,850 passengers.

The ASUKA II moored in Vancouver – Photo : Willem Kappert Ch.Electrician HAL (c) “If you go back to when Canada Place was opened up, in 1986, the average ship size was 600 passengers,” said Greg Wirtz, president of the Canada Cruise Lines International Association, a trade group. A decade ago, ships in the 2,000-passenger range were sailing out of Vancouver, Wirtz said. “Those ships were all what we would call Panamax or smaller, meaning a ship that fits through the Panama Canal. The cruise industry started building even bigger about 10 years ago, in anticipation of the expansion of the canal, a $5-billion US construction project that was completed in June of 2016. “The cruise lines were building 4,000-passenger ships, but most of them stayed in the Atlantic,” Wirtz said. Some of those ships came around South America to operate out of Vancouver over the years, Wirtz said, but with the bigger canal, “the floodgates have opened. … In the Caribbean, the biggest ships are 6,000 passengers.” Meanwhile, Vancouver has seen cruise passenger numbers rise from just over 805,000 in 2015 to nearly 827,000 in 2016, to this year’s expected 840,000, the highest number since 2010. The Port Authority’s Ortega said as many as 16,000 passengers per day will be getting on and off cruise ships at Canada Place during the busiest days this season. They expect 14,000 people coming and going on May 6, the first day that three ships will dock at once. The trade association’s Wirtz said capacity has dropped since the port decommissioned Ballantyne Pier as a cruise ship dock after the 2014 season, but Ortega said passenger movement has since been upgraded at Canada Place. “This is a much better facility in terms of access to ground transportation,” she said. On Tuesday morning, the STAR PRINCESS unloaded passengers who had sailed up from Los Angeles, and before noon,

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boarding had started for a cruise down the California coast. The Alaska cruise season starts at month’s end. Downtown merchants are bracing for the traffic that will bring, said Charles Gauthier, president of the Downtown Vancouver Business Improvement Association. “That’s a big one for us, the one that will generate some complaints,” Gauthier said, adding that the areas hardest-hit by cruise passenger traffic are also the ones that benefit from the business the tourists bring. “People aren’t going to walk a huge distance.” The port authority estimates that each vessel visit at Canada Place generates nearly $3 million for the local economy. Source : nationalpost

The CENTAURUS arrived with the barge CC ATLANTIQUE in Rotterdam (note the new logo in the funnel of the CENTAURUS ) Photo’s : Nico Ouwehand (c) MOL Triumph Toppled as Largest Containership by Maersk Distribution : daily to 37.000+ active addresses 16-04-2017 Page 11 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 107

Maersk Line has reportedly taken delivery of a record-breaking containership, the world’s largest by capacity, according to gCaptain. Maersk took delivery of 20,568 TEU MADRID MAERSK from Korean shipyard Daewoo Shipbuilding & Marine Engineering on April 11, 2017. AIS data revealed MADRID MAERSK was underway on April 12, 2017 as it continued towards Russia, reportedly to take on fuel. Madrid Maersk, one of 11 such vessels ordered in 2015, boasts a capacity of 20,568 TEUs and is now the world’s largest ship.It has been an eventful few weeks with respect to megaship deliveries. Mitsui O.S.K. Lines on March 15, 2017 named MOL TRIUMPH, the first containership to surpass 20,000 TEU with a capacity of 20,170 TEU before taking delivery of the vessel. source: porttechnology

The NORMAND OCEANIC berthed at Port of Tyne Photo : Capt Alex (c) Siemens Gamesa Renewable Energy expands contract with Peterson for aviation fuel and tank supply Peterson Chemicals has secured a second logistics contract with leading original equipment manufacturer Siemens. The new contract for the Veja Mate wind farm in Germany, includes the supply of Jet A1 aviation fuel in offshore transport fuel tanks which is similar to the first contract awarded in August 2016. Siemens Gamesa Renewable Energy has also extended the original one-year frame agreement for the Netherlands Gemini wind farm to three years. The transport department based at Peterson’s supply base in Den Helder, will arrange for the tanks to be transported to the Siemens service base facility in Eemshaven. From here the tanks will then be shipped to both the new Veja Mate wind farm and the existing Gemini wind farm. This new contract commenced March 1st 2017 and will continue for three years for both Gemini and Veja Mate. Rob van Duivenvoorde, Deputy Director of Peterson Chemicals said: “We are proud to have built an excellent working relationship with Siemens which is demonstrated by their decision, to not only extend the current one year contract to three years, but also to expand the scope of work to include the Veja Mate wind farm”. In addition to the supply of aviation fuel, Peterson will provide and maintain six new aviation fuel tanks ready for transit with a capacity of 1200 and 2000 litres which are specially designed for the Veja Mate wind farm. Peterson will continue to cover the refilling of the tanks and follow all safety and environmental procedures to correctly handle the disposal of waste fuel.

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The 2005 built GRC flag chemical/oil products tanker EVIAPETROL IV berthed at Ras Hanzir Dolphins at Valletta, Malta on Friday 14th April , 2017. Photo: Capt. Lawrence Dalli - www.maltashipphotos.com © TOTE Maritime, owner of lost El Faro container ship, settles all 33 wrongful death suits The El Faro sank in October 2015. It is not clear how much the families received. The final of 33 families have settled wrongful death suits with the company that owned the doomed container ship that went down in the Caribbean in October 2015, court documents show. TOTE Maritime Puerto Rico has settled suits with the families of every sailor lost on the EL FARO for an undisclosed sum, documents filed in the Middle District of Florida Thursday say. Since the ship went down, TOTE has been slowly settling with each family of the victims, including many First Coast residents. EL FARO went down about 100 miles northeast of the Crooked Islands in the Bahamas after sailing into the path of Hurricane Joaquin. Since the ship went down, the Coast Guard and National Transportation and Safety Board have held three hearings in Jacksonville working to find out what went wrong and what led to the crash. source: firstcoastnews. Another PDZ-owned container ship arrested BY M. HAFIDZ MAHPAR Another container ship owned by PDZ Holdings Bhd, PDZ MAJU, has been detained under judicial order and the dispute is set to be taken to court. This follows the arrest of PDZ MEWAH in January following a writ in admiralty action in rem and an arrest warrant served by Dan-Bunkering (Singapore) Pte Ltd for alleged non-payment of marine fuel/gas oil supplied to the vessel. (Three more writs for action against PDZ MEWAH were later served.) In a statement to Bursa Malaysia on Wednesday, the shipping firm said PDZ Maju had been arrested after Continental Platform (M) Sdn Bhd (CPSB) filed a writ for admiralty proceedings in February. Among others, CPSB is claiming for RM563,312 as payment for the supply of bunkers to PDZ Mewah in December 2016, costs and any further or other relief that the High Court may deem fit and just. PDZ, whose biggest shareholder is Pelaburan Mara Bhd (with a 23.3% stake), had been in negotiation with CPSB since the arrest of the vessel with a view of settling the dispute out of court. “However, the board is of the opinion that negotiations with CPSB have since fallen through and, upon obtaining legal advice, has resolved to take steps to defend the arrest of vessel and any claims that may subsequently be filed and set it aside,” it said in its latest announcement.PDZ said the expected losses to the group would be RM45,000 to RM50,000 per month, as a result of the additional costs arising from purchasing slots from third party vessels. “The financial and operational impact to the group is expected to be minimal as the group has made the necessary arrangements to secure slots from third party vessels as an interim measure to continue providing customers with the same services as currently provided by the vessel,” it said. The net book value of PDZ Maju based on the latest audited financial statements of PDZ for the financial year ended Dec 31, 2016, is RM5.554mil. “Following the arrest of vessel, the board is in the midst of revisiting the utilisation of proceeds to be raised from the proposed rights issue with warrants which was announced

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on March 6, 2017. An announcement will be made in due course on any changes to the utilisation of proceeds, if any,” the company said.The total amnount claimed for/under the writs in relation to its other vessel, PDZ Mewah. was higher, at about RM3.8mil. PDZ Mewah had a net book value of RM4.682mil, based on the audited financial statements of PDZ for the financial year ended June 30, 2015. PDZ previously said the expected losses from PDZ Mewah’s arrest would be in the range of RM90,000 to RM100,000 per month, due to the additional costs from buying slots from third party vessels. Together with the arrest of PDZ Maju, the combined monthly losses would therefore range from RM135,000 to RM150,000. PDZ recently reported an unaudited loss attributable to equity holders of RM2.2mil for the 18-month financial period ended Dec 31, 2016. Source: the star WÄRTSILÄ PROPULSION PACKAGE ORDERED FOR DEME VESSEL Written by Lesley Bankes-Hughes The SPARTACUS , under construction at the Royal IHC yard, will be the first LNG-fuelled cutter suction dredger vessel. Under the terms of the €20 million deal, Wärtsilä will supply four 9-cylinder Wärtsilä 46DF dual-fuel engines, two 8-cylinder Wärtsilä 20DF dual-fuel engines, and a Wärtsilä LNGPac fuel gas storage and supply system with a newly designed bilobe tank arrangement. Wärtsilä will also supply two fixed pitch propellers with shaft assemblies and HP nozzles, and two tunnel thrusters, as well as commissioning, site supervision, and extended project management services. The equipment is scheduled for delivery to the Dutch shipyard during the fourth quarter of 2017. Delivery of the SPARTACUS is slated for 2019. Source: bunkerspot

EN AVANT 27 leaving the Krabbersgat (The Netherlands) Photo : Rob Boesveld © Walk-to-work offshore support vessel Ocean Zephyr sold by David Foxwell Broker GRS has developed and arranged the sale of OCEAN ZEPHYR (including an Ampelmann A-type offshore access system fitted to the vessel) from Emden, Germany-based OWS Off-Shore Wind Solutions to A1 Offshore Solutions in Denmark. Delivery took place on 24 March 2017 in Emden. The vessel will continue a charter on an unspecified German offshore windfarm under its existing name. OCEAN ZEPHYR is the first dynamic positioning class 2 walk-to-work vessel in A1 Offshore Solutions’ fleet.

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Although the vessel has a long-term charter in the summer season, over the next five years it will also be made available to other interested charterers. In the winter, spring and autumn the vessel will be based in Emden, fully mobilised and available for any short or long-term walk-to-work enquiries. source: offshore support journal

Iskes Towage & Salvage owned and Fairplay operated MERCURIUS operating in a misty Rotterdam-Europoort Photo : Barry van der Meijden © Hansa delivers Jangkrik subsea equipment, reels to Indonesia Hansa Heavy Lift has transported two dozen reels as well as subsea equipment for the Jangkrik Complex project offshore Indonesia. Hansa Heavy Lift has transported two dozen reels as well as subsea equipment for the Jangkrik Complex project offshore Indonesia. The HHL RICHARDS BAY picked up the cargo at three different ports: Rosyth, UK; Le Trait, France; and Tanjung Langsat, Malaysia. The company discharged the reels and subsea equipment in Balikpapan, Indonesia, onto the offshore vessel VIKING NEPTUN, in five mobilizations. Two more vessels, the Seismic Supporter and the Deep Orient, were used to load and offload some of the equipment from the HHL RICHARDS BAY . Henry Woo, Head of Asia Pacific, Hansa Heavy Lift, said: “This was a complex project which required a very careful planning process as well as continuous communication with all parties

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involved from the start. Our P2-1400 vessel type was the ideal ship for this project, as she provided enough space to stow and handle the cargo and enough crane capacity for discharging.” Before starting the project, the stowage plan had to be prepared in accordance with the different loading ports and a pre-defined discharge sequence to follow the offshore installation procedure, without shifting any cargo unit. During the final move, Hansa Heavy Lift transferred 19 empty reels to the Viking Neptun and loaded all the subsea equipment, while the remaining reels and equipment were discharged in Tanjung Langsat. The seafastening calculation was prepared taking into account the sensitivity of the cargo, the strength of the reel structure, and the special requirements from the product manufacturer.Other engineering analyses performed during the planning stage included a finite element analysis to assess the strength of the vessel’s deck, as well as regular rigging, seafastening, and stability calculations. source : offshore-mag

The STADT CHIEF spotted at the breakers in Stokksund- Norway – Photo : Henk de Winde (c) Major ports of India register 6.79% traffic growth in FY2017 The twelve major ports under the Ministry of Shipping handled a record 647.43 million tonnes (mt) of traffic in 2016-17, registering an annual growth rate of 6.79%, as against 4.32% last year. With this, these ports have out- performed private ports for the second consecutive year. The private ports have registered a traffic growth rate of 4% this year. The top position in cargo handling was retained by Kandla Port that handled 105.44 mt of cargo, registering a growth of 5.39% over last year. This was followed by Paradip Port with 88.95 mt of cargo handled, and an impressive growth rate of 16.45%. Mumbai Port holds the third position with 63.05 mt of cargo handled and growth rate of 3.17%. JNPT recorded highest ever handling of 4.50 million TEUs during 2016-17. The port owned terminal, JNPCT, achieved highest ever handling of 1.53 million TEUs during the year, registering a growth rate of 7.33%. Iron-ore traffic attained the highest growth rate of 163.67%. Other miscellaneous and general cargo grew by 18.53% and POL products by 8.16%. n terms of Operating Surplus too, the Major Ports have shown highest ever achievement in 2016-17. JNPT net surplus has crossed Rs. 1300 crore as against Rs. 1091 crore of 2015-16. Kandla Port posted its highest ever net surplus of Rs. 651 crore during 2016-17, an increase of 54.4% over last year’s profit of Rs 422 crore. For the first time ever, JNPT raised Foreign Denominated Loan of US $400 million. It became the first major port to raise foreign currency loans. Kamarajar Port Limited (Ennore) is also in the process of raising USD $100 million foreign currency loan. This mode of financing at low interest rates and natural hedging has been followed in the Major ports for their infrastructure development for the first time. The major ports have also recorded the highest ever capacity addition of 100.37 mt during 2016-17. The capacity of major ports during 2015-16 was 965.36 MTPA. This crossed 1065 MTPA during 2016-17. In respect of development of port infrastructure, 56 projects have been awarded with a capacity of 103.52 MTPA against a target of 102 MTPA with an investment of Rs. 9490.51 crore during 2016-17. The efficiency indicators in major ports are also improving steadily. During 2016-17, total turn-around time came down to 3.44 days as against 3.64 days during last year. Likewise, Average Output Per Ship Berthday has gone up to 14583

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tonnes as against 13748 tonnes during last year. Major Ports have been benchmarked to international standards. 116 initiatives were identified. Out of these, 70 initiatives have been implemented and remaining will be implemented by 2019. This has resulted in unlocking 80 MTPA capacity. Implementation of these initiatives would further improve the efficiency & productivity of the Major Ports. Mumbai Port has become Home Port for cruise tourism. Asia’s largest passenger ship ‘Genting Dream’ with a capacity of 3,400 guests anchored at Mumbai Port on 29th October, 2016. The ship also ferried 1,900 passengers from Mumbai to Singapore via Colombo. 51 cruise vessels have called at Mumbai Port during 2016-17. A total number of 158 Cruise vessels anchored at 5 Major Ports during 2016-17, registering an increase of 23% over 2015-16.In addition to the outstanding performance of the ports, the Ministry has taken several initiatives. The dredging of Mumbai Channel and JNPT Channel phase – II has been awarded to increase draft upto 15 meters at an estimated cost of Rs. 1963.17 crore. Smart Port Industrial Cities are being developed at Paradip and Kandla, Master Plans for which have been finalised. Multi Modal Logistic Park is being set up in Paradip. The Ministry of Shipping has initiated several Policy during the year. The New Captive Policy guidelines were issued in July, 2016 to ensure uniformity and transparency in the procedure for awarding captive facilities in the ports. This will allow concessionaire to handle non captive cargo upto 30% of the designed capacity of the berth.The New Berthing Policy came into effect from August, 2016. This policy provides standardized framework for calculation of norms, specific to the commodity handled and infrastructure available on the berth. This will improve the efficiency at ports and productivity norms across ports. The New Stevedoring Policy has been implemented since July, 2016. This will improve productivity, efficiency and safety in the ports.The existing Model Concession Agreement of 2008 is under process of revision which will address the concerns of PPP projects and prevent them from getting stressed. The Major Port Authorities Bill has been introduced in the Lok Sabha in December, 2016 to modernize the institutional structure of the ports to usher in professional governance in the ports. Source: Business Standard

FINAL PREPARATIONS UNDER WAY TO BRING DREDGER TO THE MALDIVES Final preparations are underway to bring Maldives Transport and Contracting Company’s Easy dredge 3700 MAHAA JARRAAFU to the Maldives by the end of April 2017. Speaking to the media, MTCC’s Chief Executive Officer, Ibrahim Ziyath, said the dredger is undergoing final evaluations and he expects it to arrive in Maldives sometime later this month, as soon as the consultants give the go-ahead. The dredger, which cost approximately US$36 million, was constructed by IHC at Nantong Rainbow Marine shipyard in China. The hopper suction dredger will be able to dredge sand from a depth of 50m. Source: dredging news online Leonhardt & Blumberg and Buss Shipping merge ship management activities The Hamburg based Leonhardt & Blumberg Reederei GmbH & Co. KG and Buss Shipping GmbH & Co. KG have agreed to merge their ship management activities. The joint managed fleet will consist of 55 ships with a focus on the container feeder segment and an average ship age of 8 years. The management board of the new venture will consist of Christian Rychly, Torben Kölln and Mathias Gaethje. It is the objective of the partners to achieve greater synergies by the integration of the two firms. The

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new joint venture will be called Leonhardt & Blumberg Shipmanagement GmbH Co. KG. Until the completion of the merger Leonhardt & Blumberg Reederei and Buss Shipping will continue to operate as separate entities. Leonhardt & Blumberg is the largest independent charter owner of handysize containerships. Since 1903 Leonhardt & Blumberg has managed more than 180 vessels, which were in the past mostly general cargo vessels and bulk carriers. Today L&B operates containerships ranging from about 1,500 TEU to 3,600 TEU capacity. A long track record of safety, reliability and environmental responsibility has helped L&B forge lasting relationships with many of the leading shipping liner companies. With a staff of over 1000 employees, Leonhardt & Blumberg follows a conservative and disciplined approach to fleet growth, while a strong set of values governs the integrity of the everyday decisions. Buss Shipping was founded 2009 to expand Buss Groups business areas to ship owning and ship management. From its inception, the company was recognized as being young, dynamic and open minded to new challenges in today´s shipping world. Next to reliable and sustainable daily operations, Buss Shipping concentrated constantly to improve the green footprint of its fleet. The company got delivered the first so called Eco-1.700 TEU Feeders ex Wenchong Shipyard in 2012, converted the bulbous bows of their 2.800 TEU ships in 2015 to reduce consumption and installed Scrubbers to two 1.000 TEU-vessel in 2016. Today the fleet consists of 17 vessels in the water and two newbuildings to be delivered later 2017. source : portnews

Holland America line’s' ROTTERDAM & AMSTERDAM moored in Barcelona in the morning of 13th April 2017 Photo : Dieter Jaenicke Viking Recruitment © First quarter is best ever for Rotterdam TEU growth by: Barnard, Special Correspondent Container traffic at the port of Rotterdam grew 8.8 percent in the first three months of the year, the biggest ever quarterly increase, driven mainly by surging transshipment volumes. Left : The MSC OLIVER inbound for Rotterdam Photo : Xander van Holk © Europe’s largest container port handled 3.3 million teus, up from 3 million teus in the same period in 2016 when traffic shrank almost 4 percent year-over-year. “For containers, this was the best quarter ever, and March was a record month. The Rotterdam container companies have performed strongly in a market experiencing only limited growth,” said Allard Castelein, CEO of the Port of Rotterdam Authority. “We shouldn’t rejoice too soon, but with the new [alliance] sailing schedules, which are favorable to Rotterdam, taking off this month, this looks set to be a good container year for us.” The figures represent a major boost for the Dutch port, which experienced container traffic growth of a slim 1.2 percent in 2016, handling 12.4 million teus, narrowing its lead over second-ranked Antwerp, which increased volume 4 percent to top 10 million teus for the first time. Rotterdam attributed the strong growth in the first quarter to improving productivity at the two Distribution : daily to 37.000+ active addresses 16-04-2017 Page 18 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 107

new automated container terminals on the Maasvlakte 2 site and the return of transshipment cargo that had moved to rival ports in late 2015 and early 2016. With rising feeder services connecting with deep-sea intercontinental services, “Rotterdam is thus increasingly becoming a hub for containers,” the port authority said. “To an extent, the shipping companies also seem to be anticipating the new shipping schedules introduced in April, which are especially favorable to Rotterdam for the important connection to the Far East. “It is expected to take another few months before the effect of this is really clear,” the authority said.Rotterdam’s total throughput was 2 percent higher at 119.3 million metric tons, compared with 116.9 million metric tons in the first quarter of 2016. Roll-on, roll off (ro-ro) traffic increased 6.5 percent to 5.7 million metric tons, mainly due to the launch of new services in late 2016, and general cargo traffic was up almost 50 percent at 1.8 million metric tons, driven by additional shipments of steel slabs. This increased the total throughput of the breakbulk sector — ro-ro and other cargo — by 14.5 percent to 7.6 million metric tons.Dry bulk traffic — including iron ore, scrap metal, and coal — was 3.6 percent higher at 21.7 million metric tons, but liquid bulk, dominated by crude oil and mineral oil products, dipped 4.7 percent to 5.6 million metric tons. source: The Journal of Commerce

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NAVY NEWS USS Providence Returns Ahead of Schedule

Portsmouth Naval Shipyard delivered USS PROVIDENCE (SSN 719) back to the Fleet 23 days ahead of schedule and on budget April 7 USS PROVIDENCE arrived at Portsmouth Naval Shipyard December 4, 2015, for a Pre-Inactivation Restricted Availability (PIRA). The project team and ship's crew worked seamlessly throughout the maintenance availability to meet the Naval Sea Systems Command's mission priority of the on-time delivery of ships and submarines. "As a team, the shipyard with the captain and crew of Providence, focused on the positive plan forward," said project superintendent, Mark Ayotte. "Together we reached our goal of getting the warfighter underway to do what they do best for the Navy and our country."The project team and crew thrived in an environment that promotes increased levels of collaboration, innovation and high velocity learning. Their teamwork coupled with the shipyard's collective commitment to excellence ensured nonstop execution of work. "Portsmouth is committed to safely delivering first-time quality work, on time and on budget," said shipyard commander, Navy Capt. Dave Hunt. "It is our commitment to safety and quality that enables us to deliver these submarines on or ahead of schedule and provide the combatant commanders with the assets they need, when they are needed." Providence's PIRA was approximately 200,000 mandays of work scheduled for a 15.7 month time frame. The project team and crew completed the complex work package more than three weeks ahead of schedule. The on-time completion of submarine availabilities is critical

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in the maintenance of today's fleet and is essential to maintaining maritime superiority and expanding the advantage. PNSY, a field activity of NAVSEA, is the Navy's center of excellence for attack submarine overhaul, repair and modernization.source : Marinelink India plans to buy three more Scorpenes Will push for several upgrades in the new vessels. India and France will step up negotiations to expand the Scorpene submarine contract after the presidential elections in France in May. India will push for incorporating several upgrades in the proposed three new submarines that the two sides would be discussing, a senior defence official told The Hindu. “We will look at the cost of the upgrades based on which we will take a call whether to go for the additional ones or carry on with the acquisition of the next line of submarines as planned,” the official said. Mazgaon Docks Ltd. (MDL), Mumbai, is manufacturing six Scorpene conventional submarines with technology transfer from DCNS under a $3.75-billion deal signed in October 2005. After a series of delays, the first submarine Kalvari is now in advanced stages of sea trials and expected to be commissioned in a few months. The second submarine Khanderi was launched in January and is undergoing sea trials. Another official said that detailed discussions would be held at the India- France strategic dialogue, which is expected to take place around December. As per plan, all submarines are expected to be launched from MDL by 2020 and both sides are on to firm up a deal before that to keep the production line running and preserve the expertise The upgrades will help address concerns of any compromise in the submarine’s capability following the leak of its technical specifications running into several thousands of pages in Australia last year. Source : The Hindu North Korea displays submarine-based missiles for first time at military parade North Korea displayed its submarine-launched ballistic missiles (SLBM) for the first time on Saturday ahead of a massive military parade in the capital, Pyongyang. North Korea warned the United States on Saturday to end its "military hysteria" or face retaliation as a U.S. aircraft carrier group steamed towards the region and the reclusive state marked the 105th birth anniversary of its founding father. State TV showed images of the Pukkuksong-2 SLBMs on trucks waiting to be paraded in front of leader Kim Jong Un. Source : Reuters SHIPYARD NEWS

DaeWoo Shipbuilding Employees Returning Salary to Save Company In the wake of growing concerns over the future of one of South Korea’s biggest shipbuilding companies, DaeWoo Shipbuilding & Marine Engineering (DSME), more than 90 percent of employees have agreed to return some of their salary as part of a collective effort to cut spending and save the company.The shipbuilding company began taking voluntary salary returns from its employees on Tuesday after management officials and the labor union agreed to share the economic burden by returning salary last week. Since then, 10,037 employees have been reported to have paid 10 to 15 percent of their hard-earned money back in an attempt to salvage the company, showing a high level of loyalty and commitment to their employer. When broken down by each department, all 36 executive members participated, while over 97 percent of office workers agreed to volunteer in the company’s all-out efforts to avoid following in the footsteps of Hanjin, another South Korean shipping company that went bankrupt recently after the government refused a bailout. Over 98 percent of production workers agreed to make sacrifices to

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get the company back on track, the highest number of volunteers recorded since the company was found. DSME was able to slash spending on wages drastically with the same initiative in the past, saving nearly 300 billion won in 2015 alone. As the company’s appeal to its employees for economic assistance is set to continue until business improves, DSME officials expressed gratitude, saying, “Though for a short period of time, we thank every one of our employees who contributed some of their salary back to the company.” Source : Korea Bizwire WILSON SONS TO BUILT 2 NEW TUGS FOR SAAM SMIT

Wilson Sons Limited announces to its shareholders that the shipyard subsidiary Wilson Sons Estaleiros Ltda, has signed a contract to construct two azimuth tugboats for Saam Smit Towage do Brasil S.A. (“Saam Smit”), to be delivered within twenty months of payment of the first instalment of each vessel.The vessels have a length of 24 metres and a beam of 11 metres with bollard pull of 70 tonnes. Damen Gorinchem Shipyards, who designed the projects, have been working with Wilson Sons in Brazil for more than 20 years. The Director of Wilson Sons Shipyards, Adalberto Souza confirmed "the signature of this contract reinforces the competitive offering that Wilson Sons has for the execution and delivery of quality of vessels, against a backdrop of the notably difficult moment for the Brazilian naval industry".A firm order book of the shipyard increases to 6 tugboat, being 4 for Saam Smit and another 2 for Wilson Sons towage. Wilson Sons, through its subsidiaries, is one of Brazil’s largest providers of integrated port and maritime logistics and supply chain solutions. With a business track record of over 180 years, the Company has developed an extensive national network and provides a comprehensive set of services related to domestic and international trade, as well as to the oil and gas industry. Its principal operating activities are divided into the following lines of business: Port Terminals, Towage, Offshore Support Vessels, Logistics, Shipping Agency, and Shipyards. Fincantieri signs the Heads of Terms with the French State Fincantieri S.p.A. has signed with the French State, represented by the Agence des Participations del'Etat (APE), the Heads of Terms announced on April 6, 2017, the company said in its press release. The agreement, which is a key element for the finalization of the final agreements among future shareholders, also includes the guidelines of the business plan, shared with APE, prepared by Fincantieri for STX France. Fincantieri is working with the Court of Seoul in order to finalize the acquisition of STX France as soon as possible. Fincantieri is one of the world’s largest shipbuilding groups and number one by diversification and innovation. It is leader in cruise ship design and construction and a reference player in all high - tech shipbuilding industry’s sectors, from naval to offshore vessels, from high - complexity special vessels and ferries to mega - yachts, ship repairs and conversions, systems and components production and after - sales services. Headquartered in Trieste (Italy), the Group has built more than 7,000 vessels in over 230 years of maritime history. With almost 19,200 employees, of whom more than 7,900 in Italy, 20 shipyards in 4 continents, Fincantieri is the leading Western shipbuilder. It has among its clients the major cruise operators, the Italian and the U.S. Navy, in addition to several foreign navies, and it is partner of some of the main European defense companies within supranational programmes. Source : portnews

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Daewoo Shipbuilding chief confident of turnaround in Q1 Troubled Daewoo Shipbuilding & Marine Engineering Co. is surely to have logged a profit in the first quarter of the year, and will also report good business results during the remainder of the year, its chief said Thursday, urging bondholders to approve a debt rescheduling scheme for the world’s largest shipyard by order backlog. Jung Sung-leep, president of Daewoo Shipbuilding, also said the shipbuilder’s liquidity crisis would not happen again if the latest debt rescheduling is implemented as proposed. “We have secured deals valued at $1.5 billion so far this year, already exceeding the estimate of $2 billion set by an external auditor,” Jung told Yonhap News Agency. Daewoo Shipbuilding suffered a net loss of 2.79 trillion won last year and an operating loss of 1.53 trillion won. Late last month, creditors announced a fresh rescue package worth 6.7 trillion won for Daewoo Shipbuilding but only if all stakeholders agree to a debt-for-equity swap plan. The huge assistance measures represent the second round of bailouts for the shipbuilder that has been suffering from severe liquidity problems over heavy losses in its offshore projects. Under the rescue package, Daewoo Shipbuilding will receive new loans worth 2.9 trillion won if lenders and bondholders agree to swap 2.9 trillion won of debt for new shares in the shipbuilder. Bondholders are also required to give a three-year grace period to the repayment of the remaining debt. But the National Pension Services (NPS), a major bondholder, is demanding more accurate due diligence on Daewoo Shipbuilding, which is largely rejected by the main creditors. Daewoo Shipbuilding should pay off 440 billion won in corporate debts that mature next week, some 200 billion won of which are held by the NPS. “The NPS doesn’t need to worry about whether Daewoo Shipbuilding is able to repay debts in three years or not,” said Jung, adding that the shipyard is sure to swing back to the black and market conditions will improve down the road. Creditors have made it clear that Daewoo Shipbuilding would be put under a new form of court receivership, called a prepackaged plan, unless bondholders of the shipbuilder agree on a debt-for-equity swap plan. The NPS held a meeting earlier this week over whether to accept the debt-for-equity swap plan, but it made no decision, citing “doubts” over Daewoo Shipbuilding’s financial situation. Policymakers here are increasingly nervous about the possibility of Daewoo Shipbuilding facing the prepackaged plan, which will undermine 50,000 jobs and trigger massive cancellation of ships under construction. Next week, bondholders of Daewoo Shipbuilding will gather on April 17-18. If they don’t accept the debt rescheduling, the shipbuilder will be placed under the prepackaged plan. “Our clients would be tempted to cancel deals with us, if we are placed under a prepackaged plan,” said Jung, adding that huge losses on banks and the shipbuilder would be inevitable.Meanwhile, Daewoo Shipbuilding’s subcontracted firms called for bondholders to accept the latest debt rescheduling plan, saying that they would be forced to carry out massive layoffs and suffer huge losses if the shipyard is put under the prepackaged rescue scheme. “Some 1,300 companies which supply parts to Daewoo Shipbuilding will face bankruptcy should the latest bailout plan for Daewoo Shipbuulding is not implemented,” they said.They urged Daewoo Shipbuilding’s bondholders to approve the debt rescheduling plan. Source: Yonhap\ ROUTE, PORTS & SERVICES

Port of Los Angeles Reports Overall Gains Of 10 Percent In First Quarter, With March Cargo Volumes Up 29 Percent March cargo volumes jumped 29 percent at the Port of Los Angeles compared to the previous year. The robust numbers came through a combination of strong export volumes (up 20 percent), a post Lunar New Year surge of cargo from Asia, and U.S.

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retailers shipping merchandise ahead of the new vessel alliance deployments that began this month. For the first quarter of 2017, cargo has increased 10 percent compared to 2016. “We are pleased to end the first quarter of 2017 with strong volumes and continually efficient cargo handling operations,” said Port of Los Angeles Executive Director Gene Seroka. “We continue to earn the confidence of shippers and are encouraged by the strength of our supply chain partners. In the coming months, we will remain laser focused on infrastructure improvements, technology solutions, and a strategic use of resources to ensure that we meet the needs of our marine terminal customers and the carriers they serve.” March 2017 container volumes of 788,524 Twenty-Foot Equivalent Units (TEUs) increased 29 percent compared to the March 2016 volumes of 612,863 TEUs. The Port’s most recent five-year average of March container volumes is 646,724, and this year’s volumes represent a 22 percent increase over the five-year average. March 2017 imports jumped 30 percent to 373,549 TEUs compared to the previous year. Exports increased 20 percent to 191,772 TEUs. Total loaded volumes of 565,321 TEUs increased 27 percent compared to the previous year. Empty containers grew 34 percent to 223,203 TEUs. The Port of Los Angeles is America’s premier port and has a strong commitment to developing innovatively strategic and sustainable operations that benefit Southern California’s economy and quality of life. North America’s leading seaport by container volume and cargo value, the Port of Los Angeles facilitated $272 billion in trade during 2016. San Pedro Bay port complex operations and commerce facilitate one in nine jobs in the five-county Southern California region. source : Port of Los Angeles

PLEASE MAINTAIN YOUR MAILBOX, DUE TO NEW POLICY OF THE PROVIDER, YOUR ADDRESS WILL BE “DEACTIVATED” AUTOMATICALLY IF THE MAIL IS BOUNCED BACK TO OUR SERVER If this happens to you please send me a mail at [email protected] to reactivate your address again You can also read the latest newsletter daily online via the link : http://newsletter.maasmondmaritime.com/ShippingNewsPdf/magazine.pdf Tug Crewmember Loses Arm in Linehandling Accident On Thursday night, a crewmember of the tugboat MISTER T lost his arm in a linehandling accident.

AIS records and a police report indicate that at the time of the incident, the MISTER T – a 145 gt twin-screw tug built in 2001 – was helping to move a vessel just off GCT Bayonne Terminal in New York Harbor. First responders told media that at about 2120 hours, the unnamed 27-year-old crewmember adjusted a line, and his arm got caught and severed when the tug moved. They indicated that the crewmember may not have informed the captain before making the adjustment. NYPD Harbor Unit officers Jeff Meagher, Paul Hessian and John Kane responded to the scene, and Hessian applied a tourniquet to stop the bleeding. They brought the victim to shore at Brooklyn Army Terminal, where he was transferred to an ambulance and taken to NYU Lutheran Medical Center in Sunset Park. NYPD reported that the crewmember was awake and alert throughout the incident response. The arm went over the side at the time of the accident, and it has not been found. Coast Guard records show that line handling accidents are the second most common cause of significant injuries in the towing industry, with 51 U.S. seafarers seriously injured over the nine-year period ending in 2014. Falls accounted for 115 serious injuries, and crushing and impact injuries accounted for 43 incidents each. Source : MAREX Seaspan boosts capacity to get goods to Island By : CARLA WILSON / TIMES COLONIST The next apple you eat or the next new car you drive may well have arrived on Vancouver Island on a new dual-fuel ferry built in Turkey for Seaspan Ferry Corp. More than half the cargo delivered to the Island arrives here on one of Seaspan’s six ferries sailing out of terminals in Delta and Surrey, the company said. “We are a pretty significant player in providing goods and services to the Island,” Steve Roth, president of Seaspan Ferry Corp., said Thursday. The new SEASPAN SWIFT and SEASPAN RELIANT, each 488 feet long, will help meet demand for more capacity, Roth said. “It ramps up our capacity. That’s really been our challenge. We have been limited by our vessels because of their age and size.” Seaspan ferries carrying drop-trailers filled with cargo and new vehicles make 11 round trips per day, each one-way trip taking three hours, he said. “They are full over and full back,” Roth said. Ferries leave the Lower Mainland to arrive at either Swartz Bay or Nanaimo. Seaspan prides itself on its reliable service. On April 7, for example, when B.C. Ferries cancelled sailings to and from the Lower Mainland because of rough weather, Seaspan ferries did not miss a run, Roth said. Trucks haul trailers to the terminals. The trailers hold everything from groceries and electronics to lumber and automobiles. In a drop-trailer service, trucks leave their

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trailers at the terminals and do not ride over on the ferries. Trailers are collected on the other side by trucks. The two new ferries were commissioned on April 9 at the Tilbury Terminal off River Road in Delta. Ferries were formally christened by Premier Christy Clark and by Anisa White, who is married to Doug White III, a councillor and chief negotiator for the Snuneymuxw First Nation at Nanaimo.

Seaspan's newest cargo ferry, the SEASPAN SWIFT, carries drop trailers full of goods to Vancouver Island.

CLICK at the above photo for a VIRTUAL TOUR created by ELKON the company who installed the electrical components / installation onboard the new ferries ELKON was established in 1980 and since then it has been producing electric panels/switchboards in Tuzla-İstanbul. So far, it has designed, manufactured and installed switchboard for more than 350, automation system for more than 450 ships all of which are now sailing all around the world. Seaspan Ferry Corp. is part of North Vancouver-based Seaspan, a company that is building new non-combat vessels for Canada. Seaspan also owns Victoria Shipyards, along with Vancouver Shipyards and Vancouver Drydock. Seaspan calls its new vessels “eco-ferries.” They were built to run on liquefied natural gas or diesel fuel, with a battery as a backup if needed. Roth said they will mainly use LNG. B.C. Ferry Services has also turned to dual-fuel vessels, which significantly reduce the amount of carbon dioxide released into the environment. Its three Salish-class ships built in Poland run on natural gas, and LNG is planned for the two Spirit-class vessels Built in the Sedef Shipyard in Istanbul, Turkey, the SEASPAN SWIFT arrived in B.C. in December and started work in January, delivering to Swartz Bay. The SEASPAN RELIANT arrived in late February and begins service in the coming week. Seaspan Ferries has a fleet of six vessels. Seaspan Ferry Corp. is closing its Wellcox terminal in downtown Nanaimo to move operations to Duke Point. Upgrading and expanding the Duke Point terminal will allow the new ferries to use that facility once work is completed in May, Roth said. The SEASPAN RELIANT will run between Tilbury and Duke Point, but the new ferries are interchangeable, Roth said. The new vessels are the first additions to Seaspan’s ferry fleet in 15 years. Source : times colonist Click HERE for the LIVE STREAM WEBCAM in Hoek van Holland

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…. PHOTO OF THE DAY …..

The Gibraltar pilot tender EUROPA operating off Gibraltar Photo : Nicolas Millot Barge Master 7 Antares ©

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