14 September 2014

USS Saratoga arrives in Texas for scrapping:

In this photo released by the U.S. Navy, a tug works alongside the decommissioned aircraft carrier USS Saratoga at Naval Station Newport Thursday, Aug. 21, 2014 in Newport, R.I. The ship departed port Thursday for it's final journey to the Esco Marine ship recycling plant in Brownsville, Texas, where it will be scrapped.  (AP Photo/U.S. Navy)
In this photo released by the U.S. Navy, a tug works alongside the decommissioned aircraft carrier USS Saratoga at Naval Station Newport Thursday, Aug. 21, 2014 in Newport, R.I. The ship departed port Thursday for its final journey to the Esco Marine ship recycling plant in Brownsville, Texas, where it will be scrapped. (AP Photo/U.S. Navy)

BROWNSVILLE, Texas (AP) — The decommissioned aircraft carrier USS Saratoga has arrived at its final destination in South Texas, where it will be scrapped.

The Saratoga on Friday reached the Esco Marine ship recycling plant in Brownsville. The Navy is paying Esco Marine a penny to dispose of the Saratoga. It plans to make money by selling what it recovers from the ship.

The Saratoga had departed Rhode Island on Aug. 21.

It was named for the decisive battle of the American Revolution fought in upstate New York. The vessel was commissioned in 1956 and completed 22 deployments before it was decommissioned in 1994.

It was off the coast of Cuba during the Cuban Missile Crisis, off Vietnam during the Vietnam War and in the Persian Gulf during the first Iraq War.

Source:  14 September 2014

11 September 2014

Nigeria: Group Unveils Survey for Ship Owners, Managers, Others

BIMCO has launched a survey to find out the real picture on the methods ship owners and operators are using for the treatment of biofouling, and the performance of the various methods on different ships and over varying time periods.

A press statement issued by BIMCO quoted Aron Sørensen, Chief Marine Technical Officer as saying:"We believe there is a lack of collective knowledge on biofouling management and treatment practices in the shipping industry.

"BIMCO would like to build a clearer picture of practice and performance for biofouling management, and how current antifouling technologies are performing on various ship types.

"We will use and share the outcome to work on the industry's behalf to highlight any issues of concern. Once analysed, the survey result could form the basis for a BIMCO submission to the International Maritime Organization."

BIMCO is a shipping association providing a wide range of services to its global membership of stakeholders who have vested interests in the shipping industry, including shipowners, operators, managers, brokers and agents.

65% of the world's commercial fleet belong to BIMCO members

The association's main objective is to facilitate the commercial operations of its membership by means of developing standard contracts and clauses, and providing quality information, advice, and education.

BIMCO promotes fair business practices, free trade and open access to markets and is a strong advocate for the harmonisation and standardisation of all shipping related activity.

Accredited as a Non-Governmental Organisation (NGO) with all relevant United Nations agencies and other regulatory entities, BIMCO actively promotes the application of international agreed regulatory instruments.

It could be recalled that the ship breaking and recycling industry in Gujarat, Indian is rejoicing following the Centre's decision to reduce the import duty on ships imported for breaking from 5% to 2.5% in the recently announced Union Budget for 2014 to 2015. The industry expects rise in number of ships imported to India for recycling.

Quoting industry sources, Business Standard explained that high import duty and a weak rupee against dollar had diverted business to neighbouring countries like Pakistan and Bangladesh in the last two years.

However, ship breakers now believe that the reduction in customs duty will bring business back to India.

Vice President of Ship Recycling Industries Association of India, Ramesh Mendapara said:"We had been demanding reduction in import duty for quite a long time.

"Finally, the government has heard our voices and reduced the duty. This will surely make our industry strong and help us compete with other countries, said Mendapara, adding that "We wanted balanced duty on both scrap and ship import. Due to high import duty, selling of domestic scrap had decreased and direct import of scrap has gone up and consequently, ship import had declined in the last two years."

An industry source at Sosiya Alang ship recycling yard in Bhavnagar said that "Depreciation of rupee against US dollar had a negative impact on ship breaking industry. The rupee is stable now and the government's decision will boost import of ships for recycling."

The International Maritime Organization (IMO) and the Government of the People's Republic of Bangladesh recently signed an agreement to work together to improve safety and environmental standards in the country's ship-recycling industry.

A Memorandum of Understanding formalizing the cooperation between the two was signed by Nicolaos Charalambous, Director, Technical Cooperation Division, IMO and Ashadul Islam, Additional Secretary, Economic Relations Division of the Ministry of Finance of the Government of Bangladesh.

IMO and Bangladesh are expected to jointly implement a project entitled "Safe and Environmentally Sound Ship Recycling in Bangladesh - Phase I".

With an annual gross tonnage capacity of more than 8.8 million, the Bangladesh ship recycling industry is one of the world's most important, second only to neighbouring India in terms of volume.

The project which also aimed at improving standards and sustainability within the industry will consist of five work packages, covering studies on economic and environmental impacts coupled with the management of hazardous materials and wastes, recommendations on strengthening the Government's One-Stop Service.

Source: all Africa. 10 SEPTEMBER 2014
http://allafrica.com/stories/201409100929.html

09 September 2014

GMS weekly report on China ship breaking industry for WEEK 36 of 2014:

With October moon cake holidays on the horizon, activity in China even for the plethora of local state subsidized tonnage has started to somewhat stall.

Many of the private owners remain content to bring their vessels to the Indian sub continent shores, to enjoy the significant premium of almost USD 200/LT LDT higher or failing that, to sell ‘as is where is’ in the Far East at prices well above local Chinese demo yards.

A slide in steel prices had seen levels fall below USD 300 per LT LDT recently Turkish yards and even those in Vietnam and Indonesia are even offering above China at present.

Source: steel guru. 9 September 2014

GMS weekly report on Turkey ship breaking industry for WEEK 36 of 2014:

Despite a relatively steady Turkish Lira and steady local prices for ships, the dithering availability (perhaps willingness of owners to consider Tureky) due to the firmer prices on offer from the Indian sub-continent, have ensured that most market vessels have sailed on for the shores of West Coast India / Pakistan.

As a result, small LDT regionally available scrap vessels have been the local flavor of late albeit in limited numbers.

With Turkey nearing the upper crux of what levels have historically been at, it seems the domestic recycling market will have no other choice than to wait until sub continent markets retreat to more competitive levels.

Source: steel guru. 9 September 2014

GMS weekly report on Pakistan ship breaking industry for WEEK 36 of 2014:

The recent impressive showing in the Pakistan market continued for another week with some eye opening (or should that be eye watering?!) local purchases of larger aframax and suezmax tankers gas free for man entry only.

The aframax tanker OVERSEAS ELAINE (16,810 LDT) was sold for an incredible USD 510 per LT LDT ‘as is’ Singapore with approximately 350 T bunkers ROB for the voyage.

With many of the hot buyers swiftly booking their plots with incoming units, demand and prices is expected to cool in the coming weeks and months, as a second tier of less aggressive buyers emerge onto the bidding scene.

With Bangladesh improving and India at least competing for now, that may see Gadani buyers miss out on their share of the market tonnage in the coming quarter.

Source: steel guru. 9 September 2014