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Tuesday, May 29, 2012

Got injured onboard on Cruise Ship? Know What to do

Think of yourself on a holiday vacation on a cruise ship. You are enthusiastic about the voyage and leisure.  But what if you see someone seriously injured in the beginning of your trip on cruise ship? Or what if you were the one who got hurt? On cruise ships many people are injured each year. Many of these people are unaware of how to take proper legal action. Do not let yourself to be the part of those unaware people. Cruise lines and their ships are regulated by maritime law; it’s not same as law on land. So here are some things you need to keep in your mind when you see someone got hurt or you got injured onboard on Cruise Ship to be fit to file a suit: 
·         Reporting the incident to the ship authorities i.e. to the Security department. Immediately repot the occurrence by writing down the details of the incident that where it took place, time and date, plus a brief description of what and how happened.
·         Take pictures of the incident and the injuries. It will document your injuries and incident.
·         Witness the incident. Get the witness of the accident. As many witnesses you have better the case you can prove. Get the phone no, name and address.
·         Get treatment of your injuries whenever possible by a licensed physician.
·         Hire a Maritime lawyer to handle your case. He/she must be experienced enough so that he/she can able to provide you compensation.
Never falsify your injuries. Possibility is more for you o win if the jury found you genuine and truthful.

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Thursday, May 17, 2012

ITF: Comment on EU Navfor attack on pirate equipment

Commenting on yesterday’s EU Navfor attack on pirate equipment on the Somali shore, Dave Heindel, chair of the ITF (International Transport Workers’ Federation) seafarers’ section, said:

“This appears to have been a timely, considered and professional operation. We hope that it will be followed by many more disruptive actions.”

He continued: “Limited though the effects of any one single operation can be, it sets a precedent for future actions. It is particularly welcome in a week that has seen increased use of weapons and violence by pirates.”

Source: ITF

Navios announces delivery of newbuild Kamsarmax

Navios Maritime Holdings Inc., a large, global, vertically integrated seaborne shipping and logistics company, announced that the Navios Avior, a new building Kamsarmax vessel of 81,355 dwt,

was delivered from a South Korean shipyard to Navios Holdings' owned fleet.

The vessel is chartered-out for 2 years at a net rate of $12,716 per day.

It is anticipated that the Navios Avior will generate annual EBITDA of $3.0 million and aggregate EBITDA of $6.0 million over the life of the charter contract.

Source: Navios Maritime Holdings Inc.

Dry bulk market still looking for new direction

The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s benchmark, the Baltic Dry Index (BDI) was down by 0.18% to 1,130 points, down by just two points. The Capesize market was practically unchanged on the day, with a marginal increase of just 0.06% to 1,613 points. The smallest ship size, the Handysize market has kept on rising with the relative Baltic index, being up by 1.12% to 630 points. By contrast, the Panamax market was down by 1.23%, while the Supramax was once again on the downside, retreating by 0.36% to 1,105 points.
In a relative note, Commodore Research & Consultancy said that Chinese coal imports have set another record as the company’s analysts had predicted. “Preliminary data from the National Bureau of Statistics shows that China imported 23.9 million tons of coal in April. This is 2.5mt (12%) more than was imported in March and 12.8mt (115%) more than was imported in April 2011. China's previous monthly coal import record was 22.4mt imported in November 2011. Going forward, we continue to anticipate that Chinese coal imports will set additional records this year. For July, we expect coal exports will exceed 25mt. Overall, we remain very bullish regarding upcoming prospects for Chinese coal imports because regional thermal coal export prices remain very low and Chinese electricity demand continues to surge. The 411 billion kwh of electricity that China produced in March 2012 was only slightly below the record 426 billion kwh produced in August 2011. Chinese electricity production normally peaks by August of every year due to peak season summer demand. In the summer months ahead, we expect electricity production will continue to increase rapidly and will set several new records. Thermal coal will remain in great demand, and we continue to anticipate that coal imports will set a record by July” concluded Commodore Research & Consultancy.
Meanwhile, in the Handy side, “the market remained variable. Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get over USD 20k/day, whilst USG/FE was worth above USD 25k/day. Average of TC routes closed at USD 11502 today and was still USD 1500 higher than similar index for the Panamax tonnage. Pacific market has been weak and falling. For Indo-India, large eco Supra can fetch close to USD 10k + BB USD 150k bss APS Indo. Nickel ore cargoes are not seen in market anymore due to on-going Indonesian ban which has again taken away cargoes and putting pressure on market. Nopac also fixed under USD 10k dop Japan. Indian iron ore market remains quiet with less activity. WCI-China rates around USD 10k and ECI-China around USD 7k.
Finally, on the Panamax front, it noted that “intoxicated by some areas being tight for tonnage, Owners predict an Atlantic market on the rise despite falling indices. Transatlantic rounds from 12-14k depending on position and direction. Some Chrtrs have had a fair challenge to cover fronthaul buiz where levels are around 18k via COGH. Overall the Western hemisphere seems fine tuned with a few fresh mineral requirements and so far limited volumes of June grain cargoes out of ECSA. Fair activity in the Pacific where Owners have been eager to cover a growing list of positions in a sliding 8000 dollar market mid-week. With reduced hopes for a recovery in European economy and a slowly falling forward curve, period interest is limited. Only Owners willing to give wide spreads or options could find period takers for efficient tonnage in the 10k area” concluded Fearnleys.
Nikos Roussanoglou, Hellenic Shipping News Worldwide

Wednesday, May 16, 2012

Fire on board of passenger cargo vessel Harsha Vardhana

Fire erupted on board of passenger cargo vessel Harsha Vardhana on 1250 LT May 15 2012 in a cabin on passenger deck. Vessel is undergoing repairs at Kidderpore, India, there were some 60 workers, nobody was injured. Some 4 firefighting teams and a fire boat were engaged in fire fighting, fire was brought under control by 1330. Harsha Vardhana is one of the three vessels operating between Calcutta, Chennai and Visakhapatnam, and Port Blair of Andaman Islands. Passenger cargo vessel Harsha Vardhana IMO 7219026, dwt 5269, built 1974, flag Indian, owner SCI.

General cargo vessel Parnassos II ran aground, Greece

General cargo vessel Parnassos II ran aground early in the morning May 15 2012 shortly after leaving port of Saint Nicolas, Greece, due to engine failure. Vessel was refloated and towed to Bay of Itea same day, where she was anchored for inspection. General cargo vessel Parnassos II IMO 8901016, dwt 4470, built 1992, flag Greece, manager TRANSOCEAN AGENCIES LTD.

Somali pirates threaten to kill hostages after helicopter raid

European helicopter gunships attacked a pirate base on the Somali coast yesterday, destroying five speedboats, in the first such airborne strike by the anti-piracy force.
The Somali-based pirates responded by threatening to kill crew being held on more than a dozen hijacked vessels.
The EU Naval Force (EU Navfor) said it had carried out the overnight raid on pirate targets using helicopters and surveillance aircraft with the agreement of the Western-backed Somali government.
It was the first time EU Navfor had taken its fight against the pirates to Somali territory since its mandate was expanded to allow such strikes.
But over 300 hostages of various nationalities held by the pirates are now at risk.
A Somali pirate said: "If we are attacked while with hostages, we shall take any necessary step to save ourselves, we may also kill the hostages if we miss other options to survive."