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Deepwater Horizon Searchable Database Comes Online

By MarEx 2015-05-05 09:09:17 A new online tool developed by the National Oceanic and Atmospheric Administration (NOAA) to manage and integrate the massive amounts of data collected by different sources during the five years following the Deepwater Horizon oil spill, is now available to the public online. Called DIVER for Data Integration, Visualization, Exploration, and…

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May 4, 2015Maritime Executive

Corsica Ferries buys cruise ferry from Silja

French ferry operator Corsica Ferries has bought the 2,000-passenger cruise ferry, Silja Festival, from Silja Line operator, the Tallink Group of Estonia, for an undisclosed sum.
The French group, based in Bastia, Corsica, said that the acquisition marked a return to fleet investment after a

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May 4, 2015IHS Maritime 360

Newcastle coal exports back on track after record storm

Shipping has begun to return to normal at Australia’s largest coal port this week after wild weather battered the Hunter Valley in late April, forcing vessels out to sea and closing rail tracks feeding the Newcastle port.
Shipments slumped to an eight-year low, according to figures published by

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May 4, 2015IHS Maritime 360

Evergreen Holding’s shipbuilding segment profit shrinks

Evergreen Holding Group, the parent group of Sinopacific Shipbuilding, posted a 15% year-on-year (y/y) decline in the operating profit for its shipbuilding segment in 2014 amid depressed newbuilding market and financial pressures.
The operating profit for the segment, including the building of

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May 4, 2015IHS Maritime 360

Exmar helps breathe life to krone bond market

A tap issue of three-year notes by Exmar, the listed Belgian gas carrier owner, on the Norwegian bond market has breathed further life to the market after a slow start of the year.
Exmar Netherlands, a fully owned subsidiary company of Exmar in Antwerp, raised NOK300 million (USD40 million) with an

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May 4, 2015IHS Maritime 360

Ocean Yield plans further expansion after 1Q15

Ocean Yield, a listed Norwegian tonnage provider controlled by the Aker group, said it is prepared to continue its expansion after reporting a steady profit for the first quarter of 2015.
Group net profit amounted to USD28.1 million in the first quarter of 2015 compared with USD28.6 million in the

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May 4, 2015IHS Maritime 360

U-Ming Marine sees prospect in bulk shipping

Taiwanese bulk carrier U-Ming Marine stated on 5 May that the infrastructure construction in emerging markets such as China and India will bring opportunities for bulk shipping.
Asian Infrastructure Investment Bank, BRICS Development Bank, and Silk Road Fund will provide financial support for these

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May 4, 2015IHS Maritime 360

China Shipping Haisheng back to profit in Q1

China Shipping Haisheng, a Shanghai-listed unit of state conglomerate China Shipping Group, posted CNY140 million (USD22.5 million) in profit for the first quarter of 2015, returning to black from a CNY48 million loss in the first quarter of 2014.
The company recorded revenue of CNY201 million in

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May 4, 2015IHS Maritime 360

UOBKayhian recommends ‘buy’ for Yangzijiang

Singapore-based brokerage house UOBKayhian has recommended a ‘buy’ status for Yangzijiang Shipbuilding Holdings because of its resiliency amid the difficult shipping environment.
UOBKayhian highlighted that the Singapore-listed shipbuilding company has secured over USD4.6 billion for 114 vessels in

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May 4, 2015IHS Maritime 360

Taizhou Sanfu’s profit up 54% y/y in 2014

Private-run Chinese shipyard Taizhou Sanfu Ship Engineering’s profit increased 54% year on year (y/y) to CNY436.7 million (USD70.4 million) in 2014 because of business expansion into the manufacturing of steel structures.
Taizhou Sanfu’s revenue also rose 34% y/y to CNY5.6 billion in 2014, the

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May 4, 2015IHS Maritime 360

WORLD FISHERIES DAY – SRI speak at the FAO

December 5, 2016 5:58 pm

On World Fisheries Day (21st Nov 2016), Professor Hance Smith represented SRI at a special event hosted by the Food and Agriculture Organization of the United Nations (FAO) at the... Read more →
SRI launch new film to raise awareness of abandonment of seafarers

June 24, 2016 12:46 pm

In the run up to the International Day of the Seafarer on June 25, 2016, SRI has released a short hard-hitting film designed to raise awareness of the ever present... Read more →
How Apps Are Improving Seafarer Welfare Onboard Ships

May 16, 2016 3:28 pm

Since the launch of our app in December, 2014, we’ve been encouraged by others who are following suit to improve the access to information given to seafarers while at sea.... Read more →
SRI LAUNCHES GLOBAL STUDY INTO THE EFFECTIVENESS OF THE IMPLEMENTATION AND ENFORCEMENT OF THE MARITIME LABOUR CONVENTION

April 26, 2016 11:04 am

As the third anniversary of the entry into force of the Maritime Labour Convention 2006 (MLC) approaches, Seafarers’ Rights International (SRI) is embarking on a comprehensive study on the effectiveness of the Convention. The study has been commissioned by the International Transport Workers’ Federation. It will be an in-depth and... Read more →