Good day Mariners

The latest official report released by the China Association of National Shipbuilding Industry (CANSI) dated August 20 showed that a total of 172 vessels were cancelled between October 2008 and July 2009.
Of this 5.95 million DWT figure, 3.8 million DWT, or 75 ships, were cancelled this year.
The CANSI reported that the real number of cancellations could be higher than the figure that was announced. The association added that the rate of cancellations was slowing. In July, only six ships (342,000DWT) were cancelled.

More Iranian warships are to be sent to the Gulf of Aden, to protect the fifth-largest crude exporter’s oil tankers from pirate attacks. 

The naval units are to be sent to the waterway linking the Red and the Arabian Seas 8:00am local time (12:40 GMT), Monday, the semiofficial Iranian Students News Agency reported on Sunday. 
The warships are to join the existing two unites stationed at the Gulf where international forces from a number of countries including the United States, India, Britain, China, Russia, Saudi Arabia and South Korea have been fighting pirates preying on commercial vessels.

“Indian Maritime University launches its new centre in Kochi”

The Indian Maritime University (IMU) is expanding its horizons to meet the growing demand for trained professionals in the maritime sector. Headquartered in Chennai, Mumbai, Kolkata and Visakhapatnam. As part of its ambitious plans to set up its centre in Kochi on Saturday.
Established on November 14,2008 IMU is set to play a key role in the development of human resource for the maritime sector, Mr. Vijayan, Vice- Chancellor Of IMU said. The University offers graduate, post-graduate and doctoral programmes with future plans to start a two-year MBA in shipping and port management and a one-year executive MBA in maritime management.

“Cochin Port Trust” – Vice Admiral KN Sushil will take over as the Flag Officer Commanding-in-chiek of the Southern Naval Command from the Vice Admiral SK Damle on 31st August 2009. A ceremonial parade will be held at the Naval base for the change of command.

“Handing over of the fisheries research vessel- Matsyakumari-II built for Central Institute of Fisheries Technology (CIFT) by KSINC”

Kerala Shipping and Inland Navigation Corporation Ltd (KSINC) has completed delivery of its first sea going fisheries research vessel designed and constructed in its yard at Thoppumpady. The formal handing over of the vessel was solemnized by handing over the key of the fishery vessel to Dr B. Meenakumari, Director, CIFT. The Vessel named “Matsyakumari-II” is a fishery research vessel constructed under IRS and to international sea going standards

The vessel can remain in the sea for nine days with 12 people on board (10 crew and 2 scientists). The vessel has facilities for stern trawling, gill netting, long line fishing and also can be used for fishery survey and coastal studies in tropical waters.

Drydocks World – Dubai, the region’s premier ship repair, conversion and new building company under the Drydocks World group, announced that it has successfully carried out its first operation on the advanced 6000-tonne ship lift at the Industrial Precinct in Dubai Maritime City. The Industrial precinct at DMC also has another ship lift with a capacity of 3000 tonnes, which is operational already.

The operation involved the lifting of M.Y. Bart Roberts, a mega pleasure yacht weighing 2,310 tonnes, and transporting it safely to one of the 11 dry berths in the 6000 tonne Ship Lift facility. The operation was carried out by the Drydocks World – Dubai Ship Lift Operation Team in the presence of a number of officials from the company, including Mr. Hamed Bin Lahej, CEO – Middle East Region and Nawal Saigal, Managing Director of Drydocks World -Dubai. The event was hosted by Hamad Al Maghrabi, Director of the Jadaf facility and DMC – Ship lift, a part of Drydocks World – Dubai

“This is a milestone event that will significantly enhance our current vessel handling capabilities,” said Hamad Al Maghrabi of the first operation on the 6000-tonne ship lift. He added: “The Middle East’s largest computerised ship lift is now operational and we are very proud of this achievement. This new development will further support and reinforce Drydocks World – Dubai’s position as one of the most prolific shipyards in operation. The 6000 tonne ship lift will now enable the yard to handle larger vessels, workboats and yachts which will tremendously sharpen our competitive edge. I congratulate the Operations team on a job well done.”

Ali Al Dabood, the Deputy Executive Director of Dubai Maritime City Authority, and Chief Operations Officer at DMC said: “One of our priorities as a maritime authority in Dubai is to support the existence of a strong ship maintenance and support infrastructure in Dubai. The successful operation and testing of the 6000 ton ship lift in DMC will certainly help position Dubai and the UAE as a main player in the global shipping repair and servicing industry. And we are very confident that our colleagues at Drydocks World – Dubai will do an excellent job in running the industrial precinct at DMC.”

The ship lift is 130 metres long, 35 metres wide and has the capacity to lift vessels weighing up to 6,000 tonnes. The newly operational ship lift is the larger of the two ship lifts, built recently to boost vessel handling capabilities of the ship repair yard. The first ship lift, 90 metres long, 25 meters wide and 14 metres in depth, is already operational with the capacity to lift vessels weighing up to 3,000 tonnes with 33 dry berths.

Manufactured by world-renowned shiplift specialist company Hydraudyne Rexroth, both the shiplifts are capable of 14m vertical travel with platforms and vessels.

Last year, Dubai Maritime City signed a contract with Drydocks World – Dubai giving the latter exclusive rights to run and manage all components of Dubai Maritime City’s Industrial Precinct, including wet berths, dry berths, workshops, warehouses, the 3,000-tonne and 6,000-tonne ship lifts, the ship lift control building, central administration building and covered yacht repair area, among other areas.

The initial public offering of India’s Pipavav Shipyard (artists’s impression pictured) is likely to open for subscription either Sept. 16 or Sept. 17, writes the Wall Street Journal quoting a banker directly involved in the issue.

The company wants to launch the IPO before regulatory approval, received in September last year, expires on Sept. 17, the investment banker told Dow Jones Newswires.”The founders have decided to go ahead with the issue now. We’re just waiting for the final nod from the Securities and Exchange Board of India,” the banker added.
He said that as some time has passed since the initial approval, the company is updating data in the initial prospectus such as financials, legal and other information, which SEBI will need to approve.According to the preliminary prospectus filed with SEBI, Pipavav Shipyard was to offer 86.9 million shares via the sale.
The banker said the company is planning to raise 4 billion rupees to 5 billion rupees via the issue by diluting about 13% of the post-issue equity.He added that the company would begin pre-marketing the maiden share sale in Hong Kong and Singapore towards the end of this week.
Pipavav, a shipbuilding and repair facility, is co-owned by SKIL Infrastructure Ltd. and Punj Lloyd Ltd. and also counts Singapore’s Sembcorp Marine Ltd. among its stakeholders.Other stakeholders include Infrastructure Leasing and Financial Services Ltd. and the Indian government-controlled Exim Bank, Industrial Development Bank of India and UTI Mutual Fund. Merrill Lynch International and Deutsche Bank AG also hold stakes.
Citigroup Global Markets India Pvt. Ltd., Enam Financial Consultants Pvt. Ltd. and JM Financial Consultants Pvt. Ltd. are the joint global coordinators and book runners for the issue.

“A global fresh water crisis is imminent”
Without free-flowing fresh water, we lose power, sanitation and essential ecosystem services. Demand for fresh water is outpacing supply and climate change poses a formidable threat to our existing freshwater resources.

How does fresh water affect you?

*13 gallons—amount of water in a human body
*15 gallons—amount of water a person drinks each month
*50 gallons—amount of water used indoors by one American every day
* 2-3 days—the amount of time the average human can live without water

What is fresh water worth to you?

The impacts of climate change on freshwater resources pose an enormous challenge for sustaining life everywhere on Earth.

What is lost there is truly felt here.

In many places—such as those where glaciers are melting quickly and rainfall patterns are changing—water may no longer be available when it is needed, worsening existing problems of water scarcity and decreased agricultural productivity.

In other places, there will be too much water, increasing incidences of water-borne diseases and floods.

Shipyard delivers vessel to U.S firm

Cochin Shipyard Limited delivered a platform supply vessel on Wednesday to Gold Fleet Limited an affiliate of Tide Water Marine International, USA. This is the 12th platform supply vessel being built as CSL.
The Platform supply vessel are designed to meet the demands of transport of deck cargo, pipes, liquid cargo and cement as well as unloading to rigs, production platforms and pipe laying barges.
the shipyard is at present constructing 14 platform supply vessel and four tugs. The yard is also entrusted with the construction of aircraft project.

The U.S. Navy on Friday took delivery of a Louisiana-made warship built, in part, with some very special materials.

The USS New York — a $1 billion amphibious assault vessel — was constructed at the New Orleans “Avondale” shipyard of Northrop Grumman Corp.Built into the vessel’s bow: 7 1/2 tons of steel salvaged from the rubble of the World Trade Center. Workers inscribed the words “Never Forget” on their project.First responders and family members of some of the victims of the Sept. 11 attack attended a christening back in 2008.”It just shows the legacy and the strength of the country — moving on past 9-11, past Hurricane Katrina,” New York City firefighter Thomas Fee said at that event. “(It shows) the legacy and fortitude of the country to move on.”The New York is two football fields long and more than 100 feet across. It will sail down the Mississippi River on Oct. 13 and will make its way to its namesake state by November.It is the fifth ship of a new class of military vessel. The New York will carry a complement of 360 sailors and up to 800 Marines.

“Kuber ready to sail again”

Nine months after the November 26 Mumbai terror attacks, the ill-fated fishing boat Kuber is ready to set sail into the Arabian Sea from Porbandar.
With six crew members on board, boat owner Vinod Masani offered prayers on Saturday for the smooth sailing of Kuber.
Despite repeated efforts, Masani did not agree to speak in this regard. However, according to sources close to him, Kuber, which was to sail on Saturday, will now begin its journey from Porbandar coast on Sunday.
Post 26/11, Kuber was in the custody of security agencies investigating the terror attacks. After getting a clean cheat from them, Kuber was brought back to Porbandar on March 9 and since then it has remained anchored in the Porbandar jetty.
“In the last five months, more than Rs 5 lakh have been spent on the boat’s repair. All the preparations for sailing and fishing have been made and food-stuff, ice and fuel stock have been kept ready,” said sources.

The global economic downturn, combined with a drop in global trade, impacted Danish shipping and oil concern AP Moller Maerk’s profits in the first half of 2009, the group said. Turnover for the six month period of Jan to June, measured in dollars, declined by 25 per cent year on year to 22.7billion daollars while the congolomerate reported a net loss of 540 million dollars.

In the corresponding 2008 business period, the group posted a net profit of 2.4 billion dollars. The group that operates Maersk Line, the world’s biggest container shipper, said ship transports fell 7 per cent during the half year, while average freight rates were 30 per cent lower year-on-year. The group’s container fleet comprised 501 vessels, of which 247 were chartered. The outlook said there was “considerable uncertainty” relating to changes in the global economy and its possible effects on container freight rates, the exchange rate for the dollar and oil prices. For the entire year of 2009, the group expected a result in line with the first half-year.

The group was “financially strong” and had carried out cost-saving measures, chief executive Nils S Andersen said in a statement. AP Moller-Maersk Group operations include sea transport, offshore oil and gas activities and retail and shipyard operations. It recently said it would phase out its shipyard in Odense by 2012. Year-on-year, the oil price was 52 per cent lower, but production increased 8 per cent. The group has production facilities in Qatar, the Danish section of the North Sea, Britain and Algeria.

Indian seafarers are protesting against plans by state-owned Shipping Corporation of India (SCI) to outsource vessels and crew management, writes Anderimar Shipping News.
More than 200 workers, represented by the International Transport Workers’ Federation (ITF)-affiliated National Union of Seafarers of India (NUSI), demonstrated outside the offices of the publicly-run Shipping Corporation of India (SCI) on 18 August. According to the SCI seafarers – many of whom have worked for the company for more than 20 years – fear the proposals will lead to widespread unemployment among the seafarers.
NUSI general secretary Abdulgani Serang, said: “The seafarers perform their duties under volatile conditions in the high seas. But it seems that SCI does not care about them. If the SCI insists on continuing with its decision to outsource work, seafarers and NUSI will stand up and agitate on a larger scale in the interests of the seafarers and their families”.
Last week, ITF says, a high court in Mumbai rejected the SCI’s attempt to prevent NUSI from mobilising against the plans; the court ruled that it was the right of the trade union to take action in opposition to the proposals.

Malaysian rescuers recovered the charred remains of nine Chinese sailors who went missing after an oil tanker caught fire after colliding with another vessel, a marine official said Sunday.

The bodies of two crew members trapped in the Liberian-registered Formasaproduct Brick were found Friday and another seven on Saturday, First Adm. Tan Kok Kwee of the Malaysian Maritime Enforcement Agency said.
The tanker was carrying more than 50,000 tons of naphtha from the United Arab Emirates to South Korea when a Britain-registered bulk carrier rammed into its rear late Tuesday in the Malacca Strait, one of the world’s busiest shipping lanes.
Firefighters took more than 30 hours to put out the blaze.
Rescue efforts were hindered by rough sea conditions and salvage work to stabilize the ship, officials said.
Tan said there was no spillage and marine authorities would assess the damage before releasing the vessel.
Accidents in the Malacca Strait, which separates peninsular Malaysia from Indonesia’s Sumatra island, are rare even though some 70,000 vessels use the waterway annually. Traffic was not affected by the collision and fire.

“Asia’s largest and most technically advanced Oceanarium to come in New Vypeen, Vypeen Island Cochin”
The Governement of Kerala is planning to develop an oceanarium spread over 44acres at New Vypeen in Kochi, South West India on a Public Private Partnership model with an investment of 300 crores. The proposed Oceanarium which will be launched by 2010 is expected to be the largest in South East Asia. The Government of Kerala, Ministry of Earth Science and Government of India will hold 49% stake and the remeaining 51% will be allocated to private parties.
The Oceanarium will have a 250 meters glass tunnel passing through the sea. A Dolphinarium and a general aquarium will showcase dolphins and different variety of fish from all over the world. The project aims to construct Asia’s largest and most technically advanced Oceanarium at Putuvype Island, off Kochi. The government of kerala hs decided to allot 50 acres of land to Kerala state fisheries department for this project, of which 10 acres will be allocated to the centre for marine living resources and ecology centre

The future is bright for kochi port with projects lined up for commissioning and the organisers of the volvo ocean race expressing their interest to have a stopover in the city for their 2011 race., the chairman of the cochin port trust, N. Ramachandran said.
” The projects are nearing completion as per schedule and we hope to record a steep rise in revenue once they are over. Apart, from the Vallarpadam container transhipment project, the prominent cash- generating projects include the LNG terminal and bunkering terminal. This has thrown open opportunities in areas like tourism, bulk-handling of cargo and the opening of cultural and commercial establishments in Willingdon Island,”said the Cochin Port Trust Chairman, while apeaking at panel discussion on Cochin Port Trust-the way ahead, organisede jointly by the Kerala Management Association and the Cochin Chamber of Commerce and Industry

Malaysia first submarine, which is in its maiden voyage home to the naval base in Sepanggar bay in the east Malaysian state of Sabah, has made a port call at the Indian Naval Dockyard.
The Scorpene-claa KD Tunka Abdul Rahman, which began its voyage from Toulon in France on July 9, transited at Jeddah and Djibouti, before reaching Cochin in the south east Indian state of Kerala on Tuesday
After three days in Cochin, the diesel powered submarine will depart for Lumutr and Port Klang on peninsular Malaysia’s west coast before heading for Sepanggar in september
The submarine commanded by commander Zulhelmy Ithnain, is sailing with 35 crew, It is named after Malaysia’s first prime minister, Tunku Abdul Rahman

Nine crew members are missing from a Taiwaneese-owned oil tanker, which collided with another ship in the Malacca Strait off Malayasia.
The Formosa Product Brick was involved in a collision with a Greek-managed cargo ship and caught fire.Search efforts are continuing for the missing crew members, although it is possible the men were unable to abandon ship.The fire has been put out and Malaysian authorities say none of the 58,000 tonnes of naphtha being transported has spilt into the sea.
Sixteen crew members were rescued from the vessel travelling from the UAE to South Korea and have been taken to hospital.Both ships were heading in the direction of Singapore when the accident happened.The tanker is listing but officials say there is no immediate danger of it sinking.
At least 94,000 ships sail through the Malacca Straight each year, although accidents are rare.
In July, a Japanese foundation urged operators to give money to the Malacca Strait navigation safety fund to maintain navigational aids.
Yohei Sasakawa, chairman of the Nippon Foundation, predicted: “There is potential for an accident to happen. If it involves crude oil tankers there will be a major oil spill.”

“Small Shipyards receive stimulus cash”

A number of small shipyards in the U.S. have been granted a total of US$98 million in American Recovery and Reinvestment Act of 2009 (ARRA) funds. The 70 grants, awarded through the Maritime Administration’s Assistance to Small Shipyards program, will be used to improve shipyards and pay for training programs.

Under the terms of ARRA, the Maritime Administration received US$100 million for the Small Shipyards Grant Program, which had been funded at US$10 million in 2008. The program provides 75 percent federal funds with 25 percent matching funds from the shipyard for capital improvements and related infrastructure improvements. A total of US$2 million was designated for use in administering the program.

The Small Shipyards Grant program provides up to 75 percent in ARRA funds for a project and requires the remainder be matched by the shipyard.

Nine crew members onboard Liberia registered MT Formosa Product Brick are still reported to be missing after the Taiwanese tanker collided with Greek bulk carrier MV Ostende Max in the Malacca Strait last night (Tuesday, August 18). Local authorities have confirmed that 16 of the tanker’s crew have successfully been rescued and rescue efforts continue for the missing men.
The Tall Ships were just a memory as Belfast got back to normal following last week’s successful maritime festival. The vessels are currently making their way back across the seas to their home ports – some as far away as Brazil and Argentina.Belfast Lord Mayor Naomi Long said visitor numbers at the festival amounted to 800,000 – more than double that which had been expected and equal to half the population of the country

The canal is projected to reach the significant mark of one million transits next year. “Over the past 95 years, the canal has been a part of the evolution of transportation as a vehicle for bringing together nations around the world,” said Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta

The World Water Week in Stockholm is not just a forum for discussion of solutions to the world’s pressing water and related problems. It is also a place to celebrate the accomplishments of those whose outstanding efforts are already improving the water environment, bringing water and basic sanitation to those in need, and increasing our knowledge of water through groundbreaking research.
China Shipping’s containership CSCL Jakarta has become the first vessel to call at the Port of Seattle’s new Terminal 30 where it discharged and loaded containers from the Terminal’s North Berth on August 8. The Port of Seattle invested nearly US$50 million in the 70-acre, two-berth facility. China Shipping and SSA Terminals will operate the terminal in a joint venture under a long-term agreement.
China Shipping has called at the Port of Seattle since 1999. The carrier’s previous home in Seattle was at the port’s Terminal 18.
For more info visit http://www.news.marinebiztv.com

The Kochi port has ventured into the new and promising area of project cargo handling with it handling the biggest ever consignment weighing 725 tonnes.

The consignment is a reactor imported by BPCL-Kochi Refinery for its “vacuum gas oil hydro de-sulphurisation” unit. It is intended to ensure Euro III norms mandatory in the production of petroleum products at the refinery situated at Ambalamugal on the city’s outskirts.
Capacity augmentation

The 40-metre-long reactor, with a diameter of 5.3 metres, was built by China Forging Heavy Industries under the supervision of China Petroleum Technical Development Corporation Limited. BPCL-Kochi Refinery will augment its refining capacity by April 2010, which has important implications for the Kochi port too. It would mean more crude oil imports through the port.

The reactor was brought to the port in a general heavy lift carrier type vessel, m.v. Maria, which loaded the consignment from the Chinese port of Dalian. The vessel is equipped with three heavy lift cranes and is the first of its kind to call at the Kochi port. The vessel was berthed at Q3 berth at the Mattancherry wharf and the reactor has been unloaded directly on to a specialised barge for transportation through inland waterways up to Irumpanam and from there by road to the refinery at Ambalamugal.

The Mumbai-based firm MHTC Logistics has been awarded the work of transporting the reactor to the refinery.

Engineers India Ltd., New Delhi, specialising in refinery installations, is supervising the operation. The refinery would need to import 30 to 35 large units of heavy machinery for capacity augmentation. The Kochi port has promised to provide facilities for smooth unloading and transportation of such specialised and delicate project machinery. This new venture has put the Kochi port in the category of harbours specialised in handling such sensitive cargo.

The World Water Week in Stockholm is the annual meeting place for the planet’s most urgent water-related issues. Organised by the Stockholm International Water Institute, it brings together experts, practitioners, decision makers and leaders from around the globe to exchange ideas, foster new thinking and develop solutions. The theme for 2009 is Responding to Global Changes: Accessing Water for the Common Good

Chennai-based Good Earth Maritime has taken delivery of a 30,000DWT bulker, the Good Pilgrim, built by Hindustan Shipyard.The vessel was the 150th vessel built by Hindustan and the fourth of the series delivered to Good Earth. Australian Navy clearance divers continue the search for sunken ferry Princess Ashika.
India’s federal government has approved an increase in mining royalties for various minerals including iron ore, copper, zinc and lead, government officials said Wednesday. Two mining ministry officials, who didn’t want to be named, told Dow Jones Newswires that India’s cabinet committee on economic affairs has approved the proposal for changes in royalties on minerals other than coal, and a formal notification with immediate effect is expected this week.

Showcasing the latest in power and sail boats, scuba diving and watersports – for aquafantics everywhere – just add water!

Africa’s Leading Boat & Leisure Show. Don’t miss this great weekend of stunning boats and watercraft, wakeboarding, kitesurfing, Jetskis and a whole lot more – not forgetting the DIVE Expo – all about SCUBA diving and destinations.Get out and meet the people in the industry. Find out for yourself how great this Lifestyle REALLY is, where and how you can get involved (if you are not already). See the “Best-of-the-best’, all under one roof. Taking place from 14-16 august 2009, the coca cola dome, johannesburg.

Ship casualties in wake because of typhoon marakot in china. keep yourself updated on marine industry.

Cochin Shipyard a public limited company had gaines a record net profit of 160 crores rupees last academic year. Shipyard had manufactured quite a good numer of vessels. It performed the dock service of ” Sagar Kiran” and “Sagar Bhooshan” of ONGC and “INS Veerat” of Indian Navy

Exclusive interaction about Aries Marine the largest ship design company in middle east. Also sharing some facts and figures about Swine Flu.the virus has infected 27,737 people in 74 countries and led to 141 deaths. However, WHO believes that actual infections are far higher. The organization fears that the virus could infect one-third of the world’s population within a year.

A exclusive article focusing on global warming, melting of ice and extinction of species throwing light on sudden increase in sea level, water level which can unexpectedly create Tsunami or deadly giant waves.
On this basis it has been analysed that Cochin will be the first place to got under water in Kerala,considering the altitude of the place from sea level.
Also catch the latest and up to date information regarding maritime industry such operations continue to rescue “Princess Ashika”, Mighty servant -3 back after sinking, E- Sierra Starts up solar sun tower plant and many more……

On August 7,2009 at 12 hr 34min & 56 sec the time and date will be 12:34:56 07/08/09 i.e 123456789. This will never happen in our life again

The Japanese city Hiroshima marks 64th Anniversary of the worlds first atomic bombing. 50000 people along with PM Taro Aso and representatives from over 50 nations, gathered at a memorial to the dead.

Keep yourself updated on latest maritime happening
Also whats the status of the major players in the industry such as GE, Sungdong and many others……………

Despite the economic downturn, the Lion republic’s maritime community is stepping up efforts to attract bright young talent to the sector. The Maritime and Port Authority of Singapore (MPA) and a number of key maritime industry players awarded 40 outstanding students with scholarships and sponsorships at the MPA and MaritimeONE Scholarship Awards Ceremony yesterday. Of these students, 24 will be pursuing their bachelor degrees and 16 will be pursuing diploma studies at the Singapore Maritime Academy in Singapore Polytechnic.

Mr. R.S. Sharma, Chairman and Managing Director, ONGC, Mr. D. K. Pande, Director Exploration and Mr. U. N. Bose, Director Technical and Field Services on August 2nd press meet inaugurated “Spudding”, the beginning of the drilling in the Cochin basin. They announced to the press the deployment of another floater rig DDKG-1in the area of drilling a well KKD023NAAA in deep water for probing fan prospects. ONGC has been proudly engaged in exploratory activities in Kerala – Konkan offshore since 1977. Over this period ONGC has successfully drilled twelve wells in this basin. The DDKG-1 rig is supposed to be deployed in the Cochin offshore 70 nautical miles from the Cochin coast. The estimated duration for the completion of the project is 101 days. New and very advanced technologies are being used to get a breakthrough in this project. It is considered that there is a moderate probability of presence of commercial hydrocarbon. ONGC plans to drill the well to a depth of 6,500 meters. This is the first time that such ultra – deep exploration were being carried out in this region.

The flame of friendship is high on, its International Friendship Day and Ash is back with yet another exclusive episode of Maritime Updates. The updates started off with the significant first riser-drilling in earthquake zone. Creating history in scientific ocean drilling, the deep-sea drilling vessel Chikyu, surviving diverse weather and ocean conditions drilled successfully down to a depth of 1,603.7 meters beneath the seafloor. The second update concerned one of Jumbo Offshore’s heavy lift & installation vessels, the DP2-ship Jumbo Javelin which is all ready to provide installation services for offshore wind farms. Further the updates took pace with Korean Register of Shipping announcing the third Regional Head Quarter in Singapore which will supplement its existing regional headquarters in Greece and China. The Marine Updates sailed off by sharing with us the reports on deepwater wells coming soon for Pemex and the Shipping Corporation of India announcing its net profit fall 57% in its first fiscal quarter compared with a year ago.

Stay tuned to watch the Marine Updates anchor with vital maritime topics just for you!!!