INDIA:_ Shipping body asks govt to ratify global convention

Bussiness Satandar

 
 
 
 
Read more on:    Parliament | National News
 
Jobs of about one lakh Indian seafarers, who contribute annually about USD 2 billion to national exchequer, would come under threat post August 19 following delays in ratifying a global convention, according to leading shipping body MASSA. "The Indian overseas trade is USD 1,000 billion. About 1 per cent of it - USD 10 billion, is carried on Indian ships. Non-ratification of Maritime Labour Convention (MLC) 2006 by has adversely put Indian flag ships to a commercial disadvantage, hurting industry's growth," Maritime Association of Shipowners, Shipmanagers and Agents (MASSA) said. Currently about 1-1.2 lakh Indian seafarers work with 3,500 cargo ships across the globe

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A High Seas Comeback for Sails? Shipping Industry Sees Potential

Asian Business News

 

Some Think Wind Power Could Be Key to Cutting Costs and Pollution

Wall Street Journal

 
July 25, 2014 2:40 a.m. ET

              Ships are loaded and unloaded at the Port of Los Angeles. With fuel costs soaring and concerns over pollution rising, some shipping innovators are looking to revive an old technology to cut costs: sails.               Associated Press

SINGAPORE—As the shipping industry struggles with high fuel costs and tepid demand, some innovators say that high-tech sails may hold the secret to cheaper and cleaner fuel.

Chief among them is a

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Hull-Sail Ship Readying for Tank Tests

 

June 23, 2014

       Marine Executive       

 
 
 
 

Terje Lade, creator of Project Vindskip, speaks about the drivers behind the development of his avant-garde car carrier design that could save up to 60 percent on fuel costs:

What were the drivers behind the development of Project Vindskip?

Much of the industry’s desire in the past had been associated with what I call ‘greed for speed’. In particular, I had been working on the design of speed sailing vessels in my spare time for many years where the objective was very much centered upon maximum speed for a given sail area. Over time, this ‘greed for speed’ was gradually being replaced by a growing concern for the environment and the possible impacts the maritime industry was having

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China rejects A Huge Vessel-Sharing Pact, And Carriers Move On

Even more remarkable than the proposed P3 space-sharing agreement among three of the biggest container lines was the speed at which they abandoned it, following its rejection by Chinese regulators.

In ruling against the P3 Network of Maersk Line, Mediterranean Shipping Co. and CMA CGM, China’s Ministry of Commerce (MOFCOM) said last week that the mega-alliance “may have the impact of competition elimination and restriction.” The agency found that it might command a market share of nearly 47% in the container trades from Asia to Europe.

The thumbs-down came as a shock to all involved, but responses from the lines amounted to a shrug, at least publicly. “The P3 partners take note of and respect MOFCOM’s decision,” said all three lines in separate statements. “Subsequently, the

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Maersk begins shipping revolution with new tech

June 2nd, 2014

Reefer manufacturing company Maersk Container Industry (MCI) has developed a new technology to modernize the transportation of fresh produce around the world, by improving air condition and significantly reducing energy consumption.

MCI, part of the Maersk Group, has created an automatic ventilation device called AV+ that monitors the carbon dioxide (CO2) levels given off by fruit and vegetables in transit, and adjusts the amount of fresh air entering the shipping container accordingly.

Conventional fixed open air exchange vents (AirEx) often allow far more fresh air to enter than necessary. All this air must then be cooled by a separate system.

MCI sales and marketing general manager Anders G. Holm told www.freshfruitportal.com the main benefit of this technology was that since

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