21/01/2018   

The World Has Never Seen an Oil Spill Like This

A tanker that sank off the Chinese coast was carrying “condensate,” a mix of molecules with radically different properties than crude.

https://www.theatlantic.com/technology/archive/2018/01/the-oil-spill-that-wasnt/550820/



Burning Oil Tanker Sanchi Sinks off China   January 14


​​8th January 2018

​Explosion Reported on board Stricken Iranian Tanker

​An explosion has been reported Wednesday on board the Iranian tanker Sanchi, which has been burning for four days off the eastern coast of China, CNN informed citing local authorities.

It is estimated that the fire could burn for a period ranging from two weeks to a month, Reuters reported earlier citing an official from South Korea’s Ministry of Oceans and Fisheries.

The ill-fated tanker, owned by Bright Shipping Ltd and managed by National Iranian Tanker Co. (NITC), is loaded with 136,000 tons of Iranian crude oil.


​30 feared dead in Iranian oil tanker blaze after collision with freighter off Shanghai

...  According to China’s Ministry of Transport the tanker, named Sanchi, hit the Chinese ship, CF Crystal, at around 8pm last night. The incident happened around 160 nautical miles east of the Yangtze River Delta. 


Huge oil tanker ablaze off China

gxer  --  This was no accident

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01/06/22017

El Salvador seizes 1,850 pounds of cocaine at sea  [17]

SAN SALVADOR, El Salvador (AP) — Police and sailors in El Salvador seized 1,850 pounds (840 kilograms) of cocaine

off the country's Pacific coast.

The National Police force said Wednesday the drugs were apparently headed for neighboring Guatemala.

It said the drugs were being transported by four Guatemalans and an Ecuadorean man.

The attorney general's office identified one of the suspects as the brother of a mayor of a small town in Guatemala.

All the suspects were held pending charges.

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 Royal Navy seizes huge cache of cannabis, heroin from Indian fishing boat   [16]

LONDON – A Royal Navy frigate foiled a major attempt to smuggle cannabis and heroin worth £65million through an Indian fishing boat.
Sailors and Royal Marines from Plymouth-based HMS Monmouth carried out action in Indian ocean and recovered 445 kilogramme of cannabis and 266kg of heroin concealed beneath tonnes of ice during 60-hour long search of the vessel.
The Daily Mail quoted HMS Monmouth’s commanding officer Commander Ian Feasey as saying,  "Such a substantial seizure of drugs will deal a significant blow to the international narcotics trade, which is known to provide funding for terrorist organisations”.


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1,800 pounds of cocaine found on Mexican ship  [15]


BAJA CALIFORNIA SUR, Mexico (KTRK) --
We're getting our first look at a major drug seizure aboard a fishing vessel in Mexico.
The Mexican Navy confiscated 822 kilos of cocaine in Baja California Sur.
Video shows the Navy officers pulling large quantities of the drug off the ship.
The fishing ship was docked at a maritime terminal and officials said they found the cocaine in its fuel tanks.
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50 Kg of Cocaine Seized Aboard Ship in Colombia

Colombian Navy and Police have seized 50 kilograms of cocaine hydrochloride transported on board a Panama-flagged general cargo ship which was en route to the Port of Colon, Panama.

The operation, conducted by the Coast Guard of Puerto Bolivar in coordination with the anti-narcotics division of police, was carried out at the Puerto Nuevo pier, La Guajira, on May 26.

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Posted here on   01/06/2017

400 Kg of Cocaine Seized aboard Boxship in Colombia   [14]  April 18,  2017

A cargo of 400 kilograms of cocaine has been seized aboard the Italy-flagged containership Cala Palma by the Colombian naval and police units, according to information provided by the country’s navy.

The illicit cargo was found in one of the containers on board the 2000-built reefer, managed by the Netherlands-based Seatrade Shipmanagement, during an inspection conducted on April 18 in the port of Turbo, Colombia.

The cocaine, which was packed in 400 rectangular packages in 16 bundles, was estimated to be worth around USD 13 million.

Seatrade informed that the 16,024 dwt Cala Palma was soon cleared by authorities and allowed to continue its voyage to the port of to Moin, Costa Rica.

According to AIS data provided by MarineTraffic, the ship’s final destination is Portugal’s port of Lisboa.
Seatrade said that it “is fully cooperating with the relevant authorities investigating this incident.”


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28/05/2017  --    NT$10 billion-worth of heroin seized near Kinmen   [13]

2017/05/26   17:33:28

Taipei, May 26 (CNA) Law enforcement authorities seized nearly 700 kilograms of heroin with a street value of around NT$10 billion (US$332.17 million) on a fishing boat off the outlying county of Kinmen on Friday, the largest maritime seizure of heroin in recent years.

Acting on a tip-off, prosecutors led investigators, police and Coast Guard officers to intercept the Pingtung-registered fishing boat 12.5 nautical miles southeast of Wuqiu Island at around 5 a.m. as it was trying to smuggle the drug into Taiwan, according to the Kaohsiung District Prosecutors Office.

A total of 1,800 bricks of heroin with a combined weight of 693 kg were found on the boat, the office said.


​-------------------------------------------------------------

Convicted June 2016  --

Two Greek Firms to Pay USD 1.3 Mn for Dumping Oily Waste

...  On October 16, 26 and 27, 2015, the defendants discharged overboard approximately 5,000 gallons of oily bilge water.  The companies were placed on five years of probation and required to have environmental compliance plans in place which will ensure they are abiding by anti-pollution policies and regulations.

In addition to the USD 1.3 million fine, the companies were ordered to make a USD 200,000 community service payment.

The ship operator, Panama-based company Angelakos Hellas S.A., the ship owner from Cyprus, Gallia Graeca Shipping LTD, the chief engineer, Konstantinos Chrysovergis and the second engineer, Tryfon Angelou were found guilty of violating the Act to Prevent Pollution from Ships, the falsification of records in a federal investigation and engaging in a scheme to defraud the United States.


German Firm Charged for Covering Up Oily Waste Dumping

​South Korean Shipping Firm Fined for Oil Dumping

Chandris Fined for Illegal Oil Dumping off Texas

​Owner Fined for Dumping Garbage in Great Barrier Reef

​Norbulk Shipping (UK) Fined for Illegal Oil Dumping

AML Ship Management Fined for Dumping Waste off Alaska

(Italian)  Senior Officers Admit Covering Up Oily Waste Dumping

Cargo Ship Fined for Marine Pollution in Haifa


World Maritime News


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Profits overboard
The shipping business is in crisis. The industry leader is not exempt

...

Hanjin is not alone. Of the biggest 12 shipping companies that have published results for the past quarter, 11 have announced huge losses. Several weaker outfits are teetering on the edge of bankruptcy. In Japan three firms, Mitsui OSK Lines, NYK Line and Kawasaki Kisen Kaisha, look vulnerable. Activist investors are now pressing for them to merge to avoid the same fate as the South Korean line.

​Even the strongest are suffering. France’s CMA CGM, the world’s third-largest carrier, announced a big first-half loss on September 2nd. Maersk Line, the industry leader, and the largest firm within A.P. Moller-Maersk, a family-controlled Danish conglomerate, will be in the red this year, having lost $107m in the six months to June. The industry could lose as much as $10 billion this year on revenues of $170 billion, reckons Drewry, a consultancy. ...

complete article   The Economist  10/09/2016

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Aug 31, 2016  --  excellent article overview

BREAKING NEWS - URGENT *** GLOBAL SUPPLY CHAINS CRIPPLED AS 7th LARGEST CONTAINER SHIPPING CO. on EARTH FILES BANKRUPTCY. ASSETS SEIZED   [11]

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​Shipping giant Hanjin, majority owner of biggest Long Beach terminal, files for bankruptcy protection

...  Hanjin also owns a majority stake in Total Terminals International, the operator of Long Beach’s largest terminal at Pier T. Port spokesman Michael Gold said he didn’t know if Hanjin ships would continue to call at the port.

The Total Terminals website says that “until further notice” the terminal will “discontinue delivery of all Hanjin import containers.” It also said it would no longer accept Hanjin containers for export. ...

continue article

gxer  --  This is the the hly fkkg sht moment

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Creditors to End Hanjin Shipping’s Financial Support   [4]

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Hanjin Shipping Moves Forward with Sale of London Office  [5]

South Korean shipping company Hanjin Shipping has agreed the sale of its office building in London as it fights to resolve its tough financial situation, the company said in a stock filing.

The assets are being sold for a price tag of KRW 66.7 billion (USD 57.2 million) to an undisclosed UK-based real estate investment company, as Hanjin aims to ensure financial liquidity. ...

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Hanjin Shipping to Sell Vietnamese Terminal Stake [8]

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Hanjin Shipping’s Restructuring Cleared

...  The restructuring is expected to facilitate the company’s push for normalization of operations along with discussions on charter rate reduction and alliance reorganization.

Namely, Hanjin is member of the CKYHE alliance between the Asian liners COSCON, ”K”Line, Yang Ming, and Evergreen Line, which is expected to be broken up in 2017 with the start of operation of the new container carrier alliance announced by CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line.  ...

continue article  [6]

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Hanjin Shipping Offloads Remaining Stake in H-Line

...  H-Line Shipping, an entity created in 2014 following Hanjin’s offloading of dry bulk and LNG shipping businesses for USD 298 million, operates a fleet of 50 vessels, 43 bulkers and 7 LNG tankers, based on the information on the company’s website. ...

[7]

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10 Largest Container Shipping Companies in the World  [10]

-----------------------------------

Posted on June 17, 2016

Hyundai Glovis Refuses to Use US-Registered Vessels

South Korean logistics company Hyundai Glovis, a unit of auto giant Hyundai Motor Group, has rejected the proposals offered by the US government to use US-registered vessels, The Korea Herald cited undisclosed company sources.  ... The reasons behind the request was that these vessels often set sail on a return trip empty after unloading their cargo in South Korea.  ... However, the US officials were once again turned down, as Hyundai Glovis said that using US-registered vessels would mean paying extra costs, according to The Korea Herald.

​continue article  [3]

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Anadarko Fined with USD 159.5 Million for Deepwater Horizon

The US 5th District Court of Appeals in New Orleans, Louisiana, overseeing the Deepwater Horizon litigation, has set a penalty of USD 159.5 million for the oil major Anadarko, the co-owner and co-lessee of the well.

The ruling was issued as part of the Clean Water Act penalty phase.

According to the ruling, the Court said that the company is not guilty, but that its 25 percent ownership stake in the well was the basis for the fine.

“We are pleased that this penalty is far less than the amount sought by the government. Today’s ruling clearly shows that the Court gave significant weight to its previous findings that as a non-operating investor in the Macondo Well, we had no role in the events that caused the tragic 2010 spill, and bear no fault,” Anadarko said.

 continue article  [1]  Posted on December 2, 2015  

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US PIRG: Majority of BP’s Deepwater Horizon Settlement Tax-Deductible

The recent announcement by the U.S. Department of Justice of a proposed USD 20.8 billion out-of-court settlement with BP to resolve charges related to the 2010 Deepwater Horizon oil spill allows the corporation to write off USD 15.3 billion of the total payment as an ordinary cost of doing business tax deduction, according to the U.S. Public Research Interest Group (U.S. PIRG)

continue article   Posted on October 9, 2015  [2]



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[1]  https://worldmaritimenews.com/archives/177838/anadarko-fined-with-usd-159-5-million-for-deepwater-horizon/

[2]  https://worldmaritimenews.com/archives/173626/us-pirg-majority-of-bps-deepwater-horizon-settlement-tax-deductible/

[3]  https://worldmaritimenews.com/archives/195175/hyundai-glovis-refuses-to-use-us-registered-vessels/

[4]  https://worldmaritimenews.com/archives/200768/creditors-to-end-hanjin-shippings-financial-support/

[5]  http://worldmaritimenews.com/archives/187046/hanjin-shipping-moves-forward-with-sale-of-london-office/

[6]  http://worldmaritimenews.com/archives/190743/hanjin-shippings-restructuring-cleared/

[7]  http://worldmaritimenews.com/archives/190195/hanjin-shipping-offloads-remaining-stake-in-h-line/

[8]  https://worldmaritimenews.com/archives/196920/hanjin-shipping-to-sell-vietnamese-terminal-stake/

[9]  http://www.latimes.com/business/la-fi-hanjin-bankruptcy-20160831-snap-story.html

[10]  http://www.marineinsight.com/know-more/10-largest-container-shipping-companies-in-the-world/

​[11]  https://www.superstation95.com/index.php/world/1923

​[12]  http://www.economist.com/news/business/21706556-shipping-business-crisis-industry-leader-not-exempt-profits-overboard?fsrc=scn/tw/te/pe/ed/profitsoverboard​

[13]  http://focustaiwan.tw/news/asoc/201705260017.aspx

[14]  http://worldmaritimenews.com/archives/218348/400-kg-of-cocaine-seized-aboard-boxship-in-colombia/

[15]  http://abc13.com/news/1800-pounds-of-cocaine-found-on-mexican-ship/2060459/

[16]  https://en.dailypakistan.com.pk/world/royal-navy-seizes-huge-cache-of-cannabis-heroin-recovered-from-indian-fishing-boat/

[17]  https://uk.news.yahoo.com/el-salvador-seizes-1-850-pounds-cocaine-sea-221341068.html

Huge oil tanker ablaze off China