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Brokers complete merger - TradeWinds

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Brokers complete merger
TradeWinds

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19

Baltic Dry Index rises to 739 points - UkrAgroConsult

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Baltic Dry Index rises to 739 points
UkrAgroConsult

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12

Baltic Dry Index rises to 739 points - UkrAgroConsult

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Baltic Dry Index rises to 739 points
UkrAgroConsult

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17

Panama Flag Chaos

http://www.shiptalk.com

The head of Panama’s shipping flag has stepped down and will take a job at one of its major rivals.

Merchant Marine Director General Alfonso Castillero is understood to be taking a job as vice president at the Liberian International Ship and Corporate Registry, the US-based company that runs the second-largest open flag. His departure from a government job to the private sector comes amid sweeping personnel changes at the top levels of the Panama Maritime Authority (AMP).

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14

Ink costs are key to high-speed inkjet - printweek.com

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printweek.com

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12

10 lessons from Wale Tinubu - Nigerian Tribune

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Nigerian Tribune

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13

Work to start on enlarging the Suez Canal

http://www.asiacruisenews.com

Cairo: A giant construction project is set to kick off this week along the Suez Canal. A 34 km slice of the canal will be widened and deepened over a number of years to shorten the waiting period for vessels in the lakes area of the canal, the local Al-Ahram reported.

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18

Gulf Navigation looks to add more chemical tankers

http://www.gulfshipnews.com

Dubai: Fresh from posting its second consecutive quarter in the black, the once imperilled Gulf Navigation has announced it is looking to raise $130m to buy more chemical tankers. The Dubai tanker owner came close to folding a year ago, but is now on a firmer footing with a Dh3.6m interim net profit announced yesterday, a big improvement over the Dh29.6m net loss for the same period in 2013.

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16

Suez Canal set for major engineering works

http://www.gulfshipnews.com

Cairo: A giant construction project is set to kick off this week along the Suez Canal. A 34 km slice of the canal will be widened and deepened over a number of years to shorten the waiting period for vessels in the lakes area of the canal, the local Al-Ahram reported.

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17

Four firms vie for port concessions

http://www.gulfshipnews.com

Cairo: Four firms have been approved to tender for a pair of new ports in Israel. Tenders for the 25-year concessions are now expected in November. The four companies in the mix are MSC, Eurogate, ICTSI and Shanghai International Port Group.

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14

Fuel robbery to continue: ReCAAP

http://www.seashipnews.com

Singapore: The regional piracy watchdog, ReCAAP has issued a report on the growing trend of maritime fuel theft. Figures for the first seven months show that incidents of fuel syphoning has leapt over the recent past.
“Attributing to the surge in the number of incidents are various factors, including the market price of fuel/oil, the demand for fuel/oil in underground markets, the absence of authorities in locations where the siphoning occurred which in most instances, were outside areas of jurisdiction,” ReCAAP noted.

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13

Bomek: Firing on all cylinders

http://www.maritime-ceo.com

Bodø: Norway’s Bomek Group, which was taken over by private equity in 2012, has invested big in the last year to hike its production capabilities. The fire door specialist has spent millions recently on a new production facility in Norway as well moving its Chinese subsidiary into new premises in Shenyang.

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15

Vietnamese PM approves 2020 transport goals

http://www.seashipnews.com

Hanoi: Vietnamese prime minister Nguyen Tan Dung has approved a transport plan for the nation that sets ambitious goals for every facet of transport between now and 2020.

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PIRACY TAKES A LEAP

http://www.shiptalk.com

Singapore-based anti-piracy organisation, ReCAAP Information Sharing Centre (ReCAAP ISC), has highlighted an increase of 16% year-on-year (y/y) in the numbers of reported sea robbery and piracy incidents for 1H14. From January to June 2014, ReCAAP ISC recorded a total of 73 incidents, compared to 61 incidents for the first half of 2013. Of the 73 incidents, 69 of them were actual cases of robbery and piracy against ships, while the remaining four were attempted incidents.

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16

Taking a View on Maritime Security

http://www.shiptalk.com

There is a general consensus in the global maritime industry that the rate of unlawful acts against vessels in the Gulf of Guinea (GoG) has been on the increase in recent years. However, information on unlawful acts in the region is distorted and unreliable with confusing statistics – hampering efforts to suppress the menace.  There are confusing definitions of piracy and armed robbery at sea, coupled with weak legal mechanisms for dealing with and prosecuting apprehended offenders.

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21

Asylum Seekers Trapped in Legal Limbo

http://www.shiptalk.com

Lawyers for 153 Sri Lankan asylum seekers on a ship intercepted by the Australian government applied for a full bench of the High Court to hear its case. Whereas normally such asylum seekers are taken ashore to be processed, these people have been detained on a customs vessel in what are reportedly prison-like conditions. The government’s lawyers told the High Court today the asylum seekers will remain on the vessel until the case is resolved. ACV Ocean Protector intercepted the vessel outside Australian territorial waters west of the Cocos Islands.

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