Saravanan's Blog

Source: http://www.oceannavigator.com/Web-Exclusives-2014/El-Nino-on-the-way/ BY KEN MCKINLEY There have been many stories in the news recently concerning the El Nino phenomena. This is mainly because it appears quite likely that a significant El Nino event will take shape in the coming months and persist for up to a year. With this in mind, it is worth taking a look at what this might mean for those planning ocean voyages during this period of time. First, though, it’s worth running through a very basic review of what El Nino is. The phenomena has been present for centuries, but received its name in the late 19th century because it was noticed that along the northern portion of the west coast of South America sea surface temperatures turned noticeably warmer periodically and that when this warming occurred, it tended to occur late in the year . The name “El Nino” means “the child” and since the phenomena occurred around Christmas time, the name was connected with the celebr...

Source: Maerskline The P3 Network will not be implemented following decision by the Ministry of Commerce (MOFCOM) in China Virtually stalling the new proposal of major shipping liners mainly aimed at increasing efficiency,  the Chinese Ministry of Commerce (MOFCOM) on June 17 announced that they have not approved the P3 Network (P3). P3 was a long-term operational vessel sharing agreement proposed by MSC, CMA CGM, and Maersk Line. The MOFCOM’s decision follows a review under China's merger control rules. With the new ruling,  the partners have agreed to stop the preparatory work on the P3 Network and the P3 Network as initially planned will not come into existence, a media statement from Maersk Line, one of the three partners, explained. Commenting on the development, Mr Vincent Clerc, Chief Trade and Marketing Officer, Maersk Line, said, " In Maersk Line we have worked hard to address the Chinese questions and concerns. So of course it is a disappointment. P3 ...

Chennai: With a view to give new opportunities to Indian businesses, Hamriyah Free Zone Authority (HFZA) has organized a roadshow in Chennai on June 11 and welcomed them to invest in Sharjah. Addressing the potential investors during the “Interactive Roadshow” on Hamriyah Free Zone, organised by the Confederation of Indian Industry (CII), Mr Saud Salim Al Mazrouei Director, Hamriyah Free Zone Authority (HFZA), said, “ We make it practical for our investors in our industry-integrated zone. We always believe that red tape is not required. We want to offer the best practice from the government side.” The United Arab Emirates (UAE) is India’s top export market in the Middle East and North Africa (MENA) region, and also a prime gateway to other markets, observed Mr Mazrouei. “India is expected to replace the US as the UAE’s top export destination by 2030. Rising demand from India’s emerging economy and growing middle class opens myriad opportunities for all MENA,” Mr M...

Source: MPHRP media release Picture courtsy Robyn Kriel ‏@robynleekriel in Twitter The Maritime Piracy Humanitarian Response Programme ( MPHRP ) has welcomed the release and safe return of the remaining crew from the MV Albedo. Commenting on their arrival into Kenya on 7 June 20124 MPHRP chair Peter Swift said: “ After 1288 days in captivity we are delighted for them and their families after the terrible ordeal and hardship that they have suffered. At the same time our thoughts are also with the family of the Indian seafarer who died in captivity and the families of the four Sri Lankan seafarers who are reported as missing after the vessel sank in July 2013.” “The generous support of MPHRP’s partners and friends, together with the extensive groundwork and cooperation of the UNODC and others, helped to facilitate the release of the 7 Bangladeshi, 2 Sri Lankan, 1 Indian and I Iranian crew members after they had been abandoned by the owner and with no direct support forth...

Chennai: Pic courtesy www.alibaba.com With the inventory of imported reefer boxes growing day-by-day at its yard, Chennai International Terminals Pvt Ltd (CITPL) , one of the two private terminals operating inside the Chennai Port and operated by PSA Singapore , has announced certain restrictions on export reefer boxes. According to trade sources, CITPL in a communication to the EXIM fraternity has said that the average dwell days of reefer has gone up from 4 days to over 12 days in the recent weeks, hence, the terminal decided to accept Export Reefers for direct loading only. In a discreet direction to the exporters of perishable goods like sea-foods and other agricultural commodities, CITPL said that all Export Reefer Containers will be on Hook Point Loading only.  Besides, the communication also said that “It will be only a t emporary arrangement and shall be in force with immediate effect for next few weeks or until the normalization of reefer inventory...