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1) Ship owners are looking to finalise newbuilding deals at the upcoming osidonia exhibition in Athens, with orders relatively low recently.
2) Several companies have declared new orders, including options, for bulk carriers, LNG carriers, and cruise ships.
3) osidonia 2014, one of the biggest shipping events, will take place in Athens from June 2-5.
1) Ship owners are looking to finalise newbuilding deals at the upcoming osidonia exhibition in Athens, with orders relatively low recently.
2) Several companies have declared new orders, including options, for bulk carriers, LNG carriers, and cruise ships.
3) osidonia 2014, one of the biggest shipping events, will take place in Athens from June 2-5.
1) Ship owners are looking to finalise newbuilding deals at the upcoming osidonia exhibition in Athens, with orders relatively low recently.
2) Several companies have declared new orders, including options, for bulk carriers, LNG carriers, and cruise ships.
3) osidonia 2014, one of the biggest shipping events, will take place in Athens from June 2-5.
International maritime news for seafarers Ship owners looking to finalise a series of new deals With just a week to go before the opening of osidonia 2014 !"hibition, many ship owners are looking to meet with #sian shipyards and their e"e$uti%es in #thens, &ree$e to finalise a series of new deals' (he newbuilding orders in the market has been relati%ely low o%er the last $ouple of weeks with just one order to report in the dry bulk segment, a$$ording to the latest weekly reports from shipbroker )larkson *ellas' +,antoku ,enpaku are understood to ha%e de$lared two further options for 81,-00 .W( /amsarma" at (suneishi 0houshan, taking the total series to fi%e firm %essels' .eli%ery of the latest orders is planned for the later part of 2011 and into early 2012' 3o orders to report this week in tankers, howe%er in gas /nutsen 4in a -05-0 joint %enture with 36/7 ha%e $ontra$ted two firm 121,000 )8M 93& $arriers at **I' 8oth are understood to be for $harter to &as 3atural :enosa when deli%ered in 2011 and 2012,+ )larkson *ellas said in a statement' +#dditionally, West #fri$a 9& ha%e ordered a single ;8,000 )8M 9& $arrier at *M., with deli%ery in the later part of 2011' In other se$tors, #nji #utomoti%e 9ogisti$s ha%e de$lared an option for a se$ond 2,000 )!< )) at =inling, due to deli%er within 2011' 9astly, :in$antieri ha%e announ$ed an order for two firm plus one option 1-4,000 &( )ruise ,hips for M,) )ro$iere' (he firm %essels are due to deli%er in later 2012 and early 2018 and option also in 2018 if de$lared,+ read the statement' (his year>s biggest shipping e%ent osidonia 2014 will take pla$e in #thens from =une 2?1' SAFETY STUDY UNCONTROLLABLE PITCH PROPELLER # repair on a %essel>s propeller pit$h $ontrol system remained un%alidated until a manoeu%ring a$$ident o$$urred' NARRATIE # general $argo %essel suffered an a$$ident when its ) malfun$tioned' While manoeu%ring in port, her ) $ontrol system misinterpreted a demand for half astern pit$h and set the propeller pit$h well in e"$ess of full astern' (he pit$h indi$ation needle rea$hed the e"treme of its s$ale and appeared to be stu$k at 100@ astern' (he ) $ontrol o%erride button $ould ha%e resol%ed the situation if a$ti%ated, but the master was unfamiliar with its use' In an attempt to +$at$h the needle and pull it ba$k+, he put the pit$h demand handle to full astern' (his resulted in the pit$h in$reasing to nearly 110@ astern and the ship pi$ked up speed' 8y the time he used the emergen$y stop on the main engine, it was too late' (he %essel made hea%y $onta$t with a berthed tug and her stern was brea$hed abo%e the waterline' (he tug suffered minor damage' (here were no injuries' #fter an engine room fire a few months before, most of the ele$troni$ $omponents of the ) system were either repla$ed or repaired' .uring the post?fire sea trial, the te$hni$ian for the ) eAuipment had made an error in adjusting the astern pit$h $alibration settings' #stern mo%ements were not tested e"$ept during a $rash stop test' When the %essel $ommen$ed normal ser%i$e, the problem with the astern pit$h appeared a few times' (he root $ause of the problem remained unknown' It was only when an astern mo%ement in e"$ess of -0@ was demanded that the defe$t manifested itself, resulting in the a$$ident' LESSONS ? #lways $arry out a full set of ) tests, both ahead and astern' #stern mo%ements are not used as often as ahead mo%ements' *owe%er, they are eAually important' If the ) system malfun$tions in restri$ted waters, it is highly likely that it will result in an a$$ident' 8efore e%ery operation in restri$ted waters, $arry out a $omplete set of engine tests in both ahead and stern dire$tions' ? :amiliarise yourself with the eAuipment you operate ? in parti$ular, understand what to do when it fails' In an emergen$y situation, you will ha%e %ery little time to think and reason' If you are not fully $on%ersant with the failure modes of $riti$al eAuipment, you may not be able to rea$t Aui$kly enough' .rills and e"er$ises for main propulsion system failure should be regularly $arried out' ,our$eB </ M#I8 !reenpea"e a"ti#ists $oard rigs to protest oil drills &reenpea$e a$ti%ists boarded two oil rigs in northern !urope on (uesday to protest against +re$kless+ plans by multinational $ompanies to drill for oil and gas in the #r$ti$' In the .ut$h port of I=muiden, members of the en%ironmental group s$aled the giant &, ,aturn platform whi$h they say was on its way to the lu$rati%e .olginskoye oil field in Cussia>s northern e$hora ,ea' (hey $hained the rig to a do$k before si" of them were briefly detained' +(he a$ti%ists were later released with a warning to appear before a judge soon,+ .ut$h poli$e spokesman /oos Denema told #:' In 3orway, 1- &reenpea$e a$ti%ists boarded the (ranso$ean ,pitsbergen oil rig, whi$h is due to drill the ,$andina%ian $ountry>s northernmost well in the 8arents ,ea, a spokesman said' (he a$ti%ists were still on board the ,pitsbergen, with &reenpea$e>s =uha #romaa telling #: they had food and supplies +to stay on board for se%eral days'+ Denema said the a$ti%ists in I=muiden were detained after refusing a poli$e order to abandon the &, ,aturn platform whi$h the a$ti%ists say is on its way to the lu$rati%e .olginskoye oil field in Cussia>s northern e$hora ,ea' S %orea "ons&'er "onfiden"e falls to eight('onth low )onfiden$e among ,outh /orean $onsumers fell to the lowest in eight months, as one of the $ountry>s worst maritime disasters dampened willingness to $onsume, )entral 8ank data showed on (uesday' )onsumer sentiment inde", whi$h gauges $onsumer $onfiden$e on e$onomi$ situation, shrank to 10- in May from 108 a month earlier, a$$ording to the 8ank of /orea' (he figure was based on a sur%ey response from 2,200 households nationwide' (he May number was the lowest sin$e 102 was re$orded in ,eptember last year when $on$erns spread about the <, :ederal Ceser%e>s tapering of Auantitati%e easing' #fter peaking at 10E in =anuary, the $onsumer sentiment stayed at 108 for three straight months due to growing e"pe$tations for e$onomi$ re$o%ery, Finhua reported' (he figure, howe%er, de$lined last month, as $onsumers be$ame relu$tant to spend money after the ferry ,ewol $apsiGed and sank off the $ountry>s southwestern $oast on #pril 11' (he ferry tragedy left more than ;00 people, mostly high s$hool students, dead or missing' )*A to fo"&s on 'andator+ weighing of "ontainers :ew days after IMH appro%ed international regulations ensuring the weighing of $ontainers, the .anish Maritime #uthority 4.M#7 said that this is a milestone, as these regulations will now in$rease safety, $ontribute to pre%enting a$$idents and pre%ent loss of $ontainers o%er board' It added that the regulations now ensure that a $ontainer is not loaded without %erifi$ation of its weight in a$$ordan$e with spe$ifi$ regulations and only after informing the ship and the loading terminal about this' .enmark, whi$h was one of the promoters of the new, stri$ter regulations, has worked for se%eral years to a$Auire better weight data about $ontainers $arried at sea' Meanwhile, the International #sso$iation of orts and *arbours has applauded the IMH for its adoption at the Maritime ,afety )ommittee E;rd session last week of the #mendment of ,H9#, Cegulation DI?2 regarding Mandatory Weighing of &ross Mass of )ontainers before loading onto ships' #$$ording to a press release, the $ommittee also adopted rele%ant &uidelines regarding the %erified gross mass of a $ontainer $arrying $argo' *edCr&ise general asse'$l+ held in Spain (he latest de%elopments in the sea $ruise industry and its prospe$ts were dis$ussed during the 44th Med)ruise 4#sso$iation of Mediterranean )ruise orts7 &eneral #ssembly in )astellon, ,pain' #mong the issues dis$ussed were sustainable de%elopment, $reation of +green ports,+ implementation of inno%ati%e solutions and pra$ti$es and the strengthening of international $o? operation' Med)ruise resident I iraeus ort #uthority ,# 4# ,#7 &eneral .ire$tor ,ta%ros *atGakos said that +$o?operation $ouldbe more effe$ti%e when the ports of the Mediterranean and neighbouring adjoining seas a$t $olle$ti%ely+' Med)ruise represents o%er 100 ports in the Mediterranean and adjoining seas, namely, the 8la$k ,ea and Ced ,ea' *atGakos was ele$ted Med)ruise president in 2012 and the asso$iation>s *J was mo%ed from 8ar$elona to iraeus, #3# reported' (he Med)ruise &eneral #ssembly laun$hed on May 21 wel$omed three new members, the ports of Istanbul, (aranto and (rabGon, as well as two new asso$iate members, the port of #llegra, Montenegro and the #sso$iation of .anish orts' COMMERCE New$&ilding ordering a"ti#it+ rises 3ew orders in$reased during the first four months of the year, as o%erall newbuilding business ended --@ higher in terms of number of units and 28@ higher in terms of deadweight between =anuary?#pril in 2014, a$$ording to figures $ompiled by shipbroker &olden .estiny' It is estimated that the total number of new orders is 10-4 %essels with an in%ested $apital of o%er <,. 40'- billion' In 201;, the number of new orders was 181' +&reek shipping players follow the o%erall in%estment strategy towards the $onstru$tion of newbuilding %essels and had lobbied aggressi%ely during the first four months of 201;' (hey pla$ed 148 new orders against -1 in a similar period last year 4up by 114@ year?on?year, in terms of new orders and up by 181@ in terms of deadweight7' (he in%ested $apital of &reek owners in the se$ond?hand market has in$reased to region <,. -,1bn from <,. 2,;bn last year and they hold, during the year to date, 14@ share of the total number of new orders reported,+ &olden .estiny said' AWARD ,ASNAOE award goes to *OL Mitsui H,/ 9ines 4MH97 has re$ei%ed the 2014 =apan ,o$iety of 3a%al #r$hite$ts and H$ean !ngineers 4=#,3#H!7 #ward for de%eloping a waste heat energy re$o%ery system for marine diesel engine, used to generate ele$tri$ power and assist ship propulsion' (he system, whi$h was jointly de%eloped by MH9, 3amura ,hipbuilding and Mitsubishi *ea%y Industry Marine Ma$hinery I !ngine, was installed on a MH9?operated large?s$ale iron ore $arrier' (he award, gi%en for e"$ellent papers and resear$h on shipbuilding, marine engineering, and other general maritime affairs, was presented in $eremonies held in ,endai International )entre, ,endai )ity, Miyagi refe$ture, =apan, on May 21, 2014' ALERT A'anda $riefl+ strengthens *urri$ane #manda une"pe$tedly regained strength briefly on (uesday, before resuming a predi$ted weakening far offMe"i$o>s a$ifi$ $oast where it posed no threat to land' (he hurri$ane>s ma"imum sustained winds were about 10- mph 411- kph7 (uesday afternoon, after rising to 120 mph 41E- kph7 (uesday morning' (he <, 3ational *urri$ane )entre said weakening should $ontinue and #manda was likely to be$ome a tropi$al storm by (hursday' (he hurri$ane was $entred about E20km south?southwest of the southern tip of Me"i$o>s 8aja )alifornia peninsula and was mo%ing north?northwest near -mph 42 kph7' 4#7 HI-TECH - new fishing #essels to $e fitted with .artsila NO/ Red&"er (he new Wartsila 3H" Cedu$er will be fitted to two new fishing %essels under $onstru$tion at the )eliktrans yard in (urkey' (he ships are owned by *8 &randi, one of I$eland>s fishing %essel operators' (he order was re$ei%ed during the fourth Auarter of 201; and Wartsila>s eAuipment is s$heduled for deli%ery in the se$ond and fourth Auarter of 2014' (he upgraded %ersion of Wartsila 3H" Cedu$er features a fle"ible and more $ompa$t design to enable easier and faster onboard installation' It is also $ompatible for both marine diesel fuel and hea%y fuel oil engine operation' (he au"iliary units ha%e also been impro%ed, for e"ample, $entralised units for multiple installations with built?in redundan$y are now a%ailable' +(he new %ersion of the Wartsila 3H" Cedu$er is designed for installation onboard newbuild %essels, as well as for retrofitting to e"isting ships' It not only enables $omplian$e with e"isting and future legislation, but ma"imises the o%erall en%ironmental performan$e and profile of the %essel, gi%ing the $hange to profit from possible subsidising bodies supporti%e emission redu$tion s$hemes,+ &iulio (irelli, .ire$tor, 4?stroke ortfolio I #ppli$ations, Wartsila ,hip ower, said in a press release' SHIPPING DATA BALTIC E0CHAN!E Market snapshot: 11:30 GMT Dry Index BDI 973 +9 Capesize Index BCI 147 +99 !ana"ax Index B!I 971 #30 $%pra"ax Index B$I & #11 'andysize Index B'$I 4&1 +1 E0CHAN!E RATES (e) *ork +T%e C,s- ./n C%rren0y 1$D in ./n in 1$D C%rren0y Britain +!o%nd- 123&14 0294& Canada +Do,,ar- 029410 120&7 China +*%an- 021301 32447 5%ro 123337 027333 India +6%pee- 020139 92040 Indonesia +6%piah- 020000&3 11&0200 7apan +*en- 02009&07 10129700 (or)ay +8rone- 0213&0 2939 !hi,ippines +!eso- 02044& 432&00 !o,and +9,oty- 023473 32000 6%ssia +6%:,e- 020491 342401 $in/apore +Do,,ar- 027930 12433 1kraine +'ry;nia- 020&1 112731