Job Search
  CV Search
Carnival Cruise ship has technical issue causing ship to tilt to one side It was pure chaos Screams Cries Panic
The 2020 Global Sulphur cap
Demand Keeps Momentum in the VLCC market
Tankers: New refining capacity in India to trigger crude demand
New emission regulations in shipping – Maritime Jobs

Families of Indian sailors abducted

Families of Indian sailors abducted by Somali pirate`s camp outside shipping ministry


With just three days to go for the deadline set by Somali pirates to end, families of Indian sailors in their custody camped outside the office of the Shipping Ministry and implored the government to secure their release. The pirates, who hijacked the United Arab Emirates (UAE)-owned MT ROYAL GRACE  in March, have set November 30 as the

deadline for their demands to be met, failing which they have threatened to kill the 17 Indian sailors on board the ship.


The relatives of the sailors said that the government had only `empty` assurances to offer. "We have come here twice, and the government has given us nothing but empty promises. The Somali pirates have threatened to kill our children if the government does not give in to their demands by November 30. That is why we have all gathered here," said Chandran, the father of an abducted sailor. "We get no news of our children, and are unable to talk to them on the phone either. My son has two children, aged six and three," added Mahtab, the mother of a sailor, Sahid, aboard the same ship. Shipping Minister G. K. Vasan said that efforts were continuing to secure the sailors` release. 


"This is a process which we are continuously doing. Around 200 of our sailors have been abducted by Somali pirates in the past five years. Because of the discreet and strategic functioning of the government, we have been able to release around 160 of them. Another 42 sailors are still there in captivity. Their lives are very important. We are very concerned about manifest in 2Q13 as the most challenging quarter in terms of tonnage delivery, beyond easy year-on-year rate comparisons in 1Q13,” it said. Maersk itself is due to take delivery of 10 vessels next year, including the first four of its Triple-E class.  In fact, the introduction of the 18,000teu vessels will be crucial to the line`s future profitability because of their potential to significantly reduce Maersk`s operating costs.


The MAERSK BRANI  anchored in the Panama Canal – Photo : Anko Staas © The line says that the vessels  – which by 2016 will represent 10-15% of its total fleet capacity – are 19% more fuel efficient than the Emma Maersk class; 35% more fuel efficient than a 13,100 teu vessel and 50% more fuel efficient  than the average-sized vessel deployed on the Asia-Europe trade. 


“This suggests the potential for a 3% unit cost saving over a three-to-four year period, assuming fuel is broadly 30% of operating expenses. Were  Maersk Line  to prove successful in keeping a potential $800m saving in costs, by limiting rate discounting on a larger gauge fleet, this alone could contribute to around 30% of the total structural cost base reduction requirement suggested by 2012E earnings,” the research note said. Attacking its cost base is its one recourse to profitability, given how weak trading conditions are. But as the slew of articles about the company noted last week, predicting a diversification away from liner shipping, Maersk Line continues to represent the bulk of the group`s revenues and investment in 2012, according to Credit Suisse estimates, but not its pre-tax earnings – the line accounted for 46% of revenues, 39% of invested capital and 17% of ebitda. “As such, in the short term, Maersk Line`s fortunes will likely be dictated by management`s ability to insulate the company from rate downswings and capitalise on opportunities as rates rebound with the push and pull of global capacity management—we model  Maersk Line  rates down 1% in 2013 reflecting declines from 2Q13 [onwards],” it concluded.


Date: November 29, 2012


Read More


Source: The Load Star


09413871947 pandit kanya lal.

  Basic Anchor Handling Simulator Course
  Offshore Vessel Handling and Maneuvering Course
  High Voltage Course
  DP Simulator Advanced Course
  DP Basic Induction Course
  DP Maintenance Technical Course
  Families of Indian sailors abducted
  Ship,Women and Superstition
  Under Keel Clearance
  Cargo Ship Construction and Survey
  Classification Surveys
  Cargo Ship Safety Equipment Survey
  Preparation For A Load Line Survey
  Steering Gear and Automatic Pilot Steering Procedures
  Navigating in a Tropical Storm
  Rules of Berthing
  Safety Conventions
  How would u know vessel is dragging anchor
  Sailor and Ship quotes
  Seafarer Jobs
  Jobs at ship
  10 Worst Accidents : Human error
  History of Somalia

 Featured Company
BAMS MARINE SERVICES PVT LTD,India Accord Marine Management Pvt Ltd,India Sea Wealth Marine Solutions,India
Yak Marine Pvt Ltd. ,India Jude Enterprises & Marine Services Pvt. Ltd.,India Mehdi Bros Ship Services Pvt. Ltd.,India
West Zone Marine Pvt Ltd,India Admiral Marine Services Pvt. Ltd.,India Udya Shipping Services Pvt. Ltd. ,India
CCrescent,India Nimbus Maritime Services Private Limited,India S K ENGINEERING SHIPPING I PVT LTD,India
Vrinda Global Pvt. Ltd.,India AUBURN SHIPMANAGEMENT DMCC,India Trycon Marine Services Private Limited,India
ASIA MARITIME SERVICES PVT.LTD.,India ASP Ship Management (India) Pvt Ltd,India Aark Shipping And Manning Pvt. Ltd.,India
Euro Crewing Service LLC,India Ocean Offshore Marine India,India AMAZE MARITIME SERVICES PVT. LTD. ,India
HOLY ANGEL MARINE SERVICES PVT LTD,India BD Shipping,India Global Jobs Pool. ,India
CORPORATE MARITIME SER PVT LTD,India Arctic Offshore & Manning Company Pvt. Ltd.,India Vigil Marine Services Private Limited,India
NAAVEX MARINE SERVICES,India World Ships Management Pvt Ltd,India Sea Wealth Maine Solutions,India
DS MARINE,India Trinitas Ship Management Private Limited,India OLIVE CREW MANAGEMENT,India
Nams Ship Management Pvt.Ltd,India IMS SHIP MANAGEMENT Pvt Ltd,India vencen marine solution,India
SS Maritime Services,India Seastrom Marine Pvt. Ltd.,India Malawat Ship Management Pvt.Ltd.,India
Mariners Community Ship Management Private Limited,India Primanav ship management pvt. ltd,India Oceanic Star Shipping Pvt. Ltd. ,India
SEASON SHIP MANAGEMENT & MARITIME SERVICES,India Tapti Waterways Private Limited,India Naz Maritime Services Pvt.Ltd.,India
Swar India Shipping Services Pvt. Ltd,India Quadrant Maritime Pvt Ltd,India Tangar Ship Management Pvt Ltd,India
Glance One Ship Management Pvt. Ltd.,India Oath Marine Services Pvt Ltd,India MARVIN INTERNATIONAL SHIP MANAGEMENT,India
Rassiya Shipping Services Pvt Ltd,India AUBURN SHIPMANAGEMENT DMCC,India Mr.Sushant,India
Summai Shipping Pvt.Ltd.,India MMS Maritime (India) Pvt.Ltd,India AMSWAY SHIP MANAGEMENT PRIVATE LIMITED,India
Seashell Marine Service Pvt. Ltd,India East India Shipping Agency,India Campbell Shipping Pvt. Ltd.,India
Phelix Shipping Ventures Pvt. Ltd,India I-Marine Infratech (India) Pvt. Ltd,India SHODEN MARITIME & SHIPPING VENTURES PVT LTD,India
Coastal Shipping Links(India) Pvt.Ltd,India DMC SHIP MANAGMENT PVT LTD ,India Unimar Marine Services Pvt. Ltd.,India
Three Bees Shipping Pvt. Ltd,India Ocean Glaxy Marine Pvt. Ltd.,India VR MARITIME SERVICES PVT LTD,India
Seaprime Marine Mgmt Pvt.Ltd,India sarwamangla Marine Pvt Ltd,India Twilight Shipping,India
Indocean Maritime Services Pvt Ltd,India Valaf DMCC,India Lilly Maritime Pvt. Ltd.,India
Neptune Ship Management ,India Nimbusmaritime Service,India MMS Americas LLC,India
Amag Ships Pvt. Ltd.,India gwl maritime services india pvt ltd ,India Blue Whale Maritime,India
Join Hands Marine Services Private Limited,India DEMENTUS SHIP MANAGEMENT INDIA PVT LTD,India Meridian Marine Management Private Limited,India
Penta Crystal Ship Management,India Oceanic Shipping Services Private Limited,India Synergy Maritime Recruitment Services Pvt Ltd,India
MAERSK ,India Oceans Pride Marine Services Pvt. Ltd.,India RAMAN MARITIME ACADEMY PVT. LTD.,India
SeaJobhunt,India APAC Marine Services Pvt. Ltd,India Angel Maritime (India) Services ,India
Albatross  Marine Services  ,India AET Shipmanagement (India) Pvt. Ltd,India Helm Shipping Management Private Limited,India
SHRI MAHAVIR MARINE SERVICES PVT LTD,India Ind-Aust Maritime Pvt. Ltd,India Bridgeview Maritime Pvt.Ltd,India
Calm Seas Shipping and Maritime Services,India Ad Ship Management pvt. Ltd,India Tristarr Maritime And Shipping Private Limited,India

Copyrights © 2012
Terms and Conditions  -   Sitemap  -   Private Policy  -   FAQ  -   Contact Us
Site By : Pheunix