The Indian government is about to consider a subsidy scheme intended for the domestic shipbuilding industry prepared by the Union Ministry for Shipping.
The subsidy scheme is set to be reviewed by the government this week and underlies a 10-year program aimed at helping boost the competitiveness of local shipyards and facilitate their debt restructuring activities.
If approved, the scheme would pave the way for shipyards to attain infrastructure status. Additionally, it would seek to introduce a special dispensation for repeat restructuring of ailing shipyards such as Bharati Shipyard, ABG Shipyard and Pipavav Defence and Offshore Engineering up to 2020, Live Mint reports.
The proposed subsidy would cover for the 30% of extra costs Indian shipbuilders have to pay stemming from "higher bank rates on working capital loans for purchasing raw materials and other inputs," M. Jitendran, former Chairman of Cochin Shipyard Ltd, is reported as saying by the newspaper.
The move aimed at introducing the subsidy comes eight years after the expiration of the previous subsidy scheme.
The strength and corrosion resistance of composite materials makes them widely used in fields such as aerospace, automobiles, and wind power generation, and their scope of application has been further expanded due to their usefulness.
The substitute composite material carbon fiber reinforced plastic (CFRP) weighs in at around just 1/5 of aluminum-bronze. Despite its ultra-light weight composition, CFRP exhibits the same or more strength compared to the aluminum-bronze composite materials used in conventional propellers. Due to its lightweight, CFRP propeller shafts can be manufactured with smaller diameters, reducing costs. In addition, by taking advantage of CFRP's strength, it is possible to produce thinner propellers with smaller blade areas, potentially increasing the propeller's efficiency.
In order to apply a composite propeller to ships, the material must have the required performance at least equal to existing aluminum-bronze composite materials, and it is necessary to confirm in advance that the composite propeller as an industrial product can be manufactured with uniform quality.
In May 2014, ClassNK granted approval for the design and manufacturing process of the CFRP propeller. The propeller was developed with support from the ClassNK Joint R&D for Industry Program and marked the world's first installation of a CFRP propeller on a merchant vessel.
Based on the knowledge obtained through this joint R&D project, ClassNK comprehensively summarized the requirements for the approval of the manufacturing process for composite propellers and the testing/inspection of the product in the form of guidelines to assist in the effective use of composite material propellers on ships.
Lloyd's Register (LR) is classing the world's largest-ever container vessels – led by a recent contract to oversee the building of six ultra-large container ships (ULCS) of more than 20,000teu.
Technical teams at LR have investigated the rising heights and weights of the container stacks that today's ULCSs can carry and produced new guidelines to help designers, owners and masters handle the ever-growing cargos.
One of the teams' key findings is based on vessel speed. LR research demonstrates that the speed at which a ship is sailing has a significant and predictable effect on the rolling motions; this is a crucial factor in cargo-carrying. So instead of designing container stows as if a ship is sailing at full speed in the harshest seas of the Atlantic or Pacific oceans, LR has produced a methodology based on a combination of ship speed and stability and the height and direction of the prevailing waves.
Another crucial factor to managing the cargoes is the development of lashing twistlocks. Operators who use the latest fully automatic twistlocks will have the advantage of securing their cargos safely and effectively with minimum intervention from the stevedores. Combined with the introduction of high lashing bridges, they will be able to safely carry stacks of 10 or more tiers of containers on deck.
LR is currently classing four ULCS vessels of 20,150teu for the Japanese company Mitsui O.S.K. Lines which are being built by Samsung Heavy Industries. A further two 20,050teu ships are being built for Shoei Kisen Kaisha on long charter to MOL at Shoei's affiliate company Imabari Shipbuilding at Saijo shipyard, Japan.
The new vessels are due to be delivered in 2017 and have been earmarked to operate on the Asia-to-Europe service.
The US government last Friday opened the door for the country's oil firms to have some limited right to trade crude oil with Mexico in what is essentially a swap deal.
The move marks the latest small step towards the US ending its four-decade-long ban on exporting crude.
Oil firms and politicians in the US, have been pointing to the glut of production domestically as justification for relaxing the restrictions on crude exports and the Obama administration has been edging in that direction. Once in effect the new rules could see around 100,000 barrels imported per day.
It is especially timely coming at a point when Mexico, too, is moving in a more liberal direction by opening up its previously heavily state regulated oil sector to overseas competition.
Permits should be issued by the US Commerce Department before the end of August and be good for a year. Under their terms Mexico will be able to receive oil but it must ship a similar quantity to the US.
Such a swap makes sense because of the differing qualities of the oil; Mexico's being of a lower quality heavy crude that is in demand at some US refineries.
Previously, only Canada was exempt from the ban on US exports.
The Singapore government, in collaboration with maritime businesses and local seafarer unions, on Aug. 13 awarded SG$2.6m (US$1.86m) in maritime scholarships for students taking up maritime studies.
Fifty-eight students received the funding at an awards ceremony held at the Conrad Contennial Singapore Hotel.
The scholarships were distributed under two maritime programmes - Maritime Outreach Network (MaritimeOne) and Tripartite Maritime Scholarships (TMSS) - which aim to nurture young talents in the shipping industry.
"The maritime industry in Singapore has so much to offer in career opportunities and development for our young people. It is a key pillar of our economy, contributing 7% to our nation's GDP," said MaritimeOne chairman Michael Chia.
The state-driven initiatives in promoting maritime industry to young students are well-received by the shipping community, as several new shipping companies have pledged sponsorship for 2015.
Foreign car carrier operators can now operate in Indian waters, according to local media source, Livemint. New Delhi has changed the laws recognizing that moving the cars by sea is far cheaper than by rail or road.
"The shipping ministry has issued an order relaxing cabotage for specialised ships such as roll-on-roll-off, pure car carriers, pure car and truck carriers, liquefied natural gas vessels, over-dimensional cargo and project cargo carriers which are in short supply in the country but which have potential to shift cargo away from the roads and railways to coastal shipping in order to increase coastal traffic movement, for a period of three years," said a spokesman for the shipping ministry.
China's Ministry of Transport and National Development and Reform Commission (NDRC) has announced a reduction in port charges.
The authorities released the Notice Aug. 4 to Adjust Port Charges and Port Security Charges, which prohibits port operators from imposing fees for services other than pilotage, towage, berthing, oil boom, feeders, special trimming, waste disposal, water, bunker, and power supply.
Pilotage charge units for international services will be increased from 500 net tonnage to 2,000 net tonnage, and pilotage fees (within 10 miles) for ships ranging from 40,001-80,000 net tonnage and ships over 80,000 net tonnage will be reduced to CNY0.45(US$0.07)/net tonnage and CNY0.425/net tonnage, respectively.
Extra charges levied for night time and national holiday pilotage and towage services will see a further reduction of 45% discount, while port security charges for 20ft and 40ft containers will be reduced to CNY10 and CNY15 each box, respectively, the notice added.
The new measure is expected to cut costs incurred by shipping companies, according to Ship.sh analyst Wang Hai.
Although the move may reduce port operators' revenue and profit in the initial stages, reduced charges should spur growth in shipping and gradually bring in more revenue for ports, he said.
The Government of Canada undisclosed plans to invest US$22.7m over five years on a cash basis to improve the safety of marine transportation in the Arctic.
As part of these investments, Fisheries and Oceans Canada's Canadian Hydrographic Service will acquire and install four multibeam sonar systems aboard Canadian Coast Guard icebreakers in order to increase the amount of seafloor surveying in the Arctic.
The Canadian Coast Guard also plans to enhance emergency response and search and rescue capacity in the Arctic by increasing the current Coast Guard Auxiliary presence in remote locations. The Canadian Coast Guard will also conduct reviews to identify ways to enhance Arctic marine navigation services and infrastructure, including aids to navigation.
Transport Canada said it would work closely with Aboriginal groups and local communities on ways to improve marine transportation in the North.
Moving forward, the Canadian Coast Guard, the Canadian Hydrographic Service and Transport Canada are working together on the Northern Marine Transportation Corridors Initiative to determine what the appropriate mix of navigational services, infrastructure, and emergency response services could be across Canada's Arctic waterways.
"By improving the charting of Arctic waterways and developing options to improve navigation systems and infrastructure, our Government is taking the necessary steps to support incident prevention and marine safety in the Arctic, " Gail Shea, Canad's Minister of Fisheries and Oceans said.
Nearly 95 perent of goods transported in the Arctic are shipped by sea, making the Canadian Coast Guard an integral part of the Arctic way of life.
Leading classification society ClassNK has released its Guidelines for Compressed Natural Gas Carriers.
In its press release, ClassNK says, "Global economic and population growth is bringing about increased energy production and consumption. In its latest forecast, CEDIGAZ, an international not for profit association dedicated to natural gas information, predicts that global natural gas demand will grow by 1.8% a year from 2013 to 2035 with the largest portion of this growth coming from Asia-Oceania and the Middle East. Natural gas share in world primary energy supply is projected to increase from 21.3% to 23.6% over the same period. As the demand and supply of natural gas increases, the volume of transportation of natural gas will also expand."
Currently, the International Code for the Construction and Equipment of Ships Carrying Liquefied Gases in Bulk (IGC Code) outlines safety requirements for LNG carriers. However, there are no applicable international rules for CNG carriers that take into account the hazards associated with the handling and transport of CNG. Utilizing its wealth of technical expertise and extensive experience in gas carrier R&D and ship classification, ClassNK has developed its Guidelines for Compressed Natural Gas Carriers which provide safety requirements for the design and construction of CNG carriers. The guidelines consist of safety requirements applicable to CNG carriers based on the IGC Code as well as additional requirements taking specific hazards arising from the handling of CNG into consideration.
Dhaka is taking steps to regulate its sprawling shipbreaking industry, including dishing out fines and prison sentences for companies found not to be following the correct procedures.
The Bangladesh Ship Recycling Bill, 2015 is being discussed at the moment in the capital. The prime minister has approved the bill in principle. It will soon go before parliament.
Cabinet secretary Musharraf Hossain Bhuiyan said that the law's aim was to address occupational health hazards of the industry's huge workforce, ensure safe working conditions, better waste management, and protect the coastal environment.
Bangladesh is the world's second largest ship breaking nation – the industry employs tens of thousands of people along its southern coast, often working in appalling conditions.