At the 110th session of the IMO Council, the 2014-2015 budget was subject to intensive debate. A crucial issue was the prioritisation and effectivisation of the IMO tasks, including the restructuring of the Sub-Committees. The IMO Council intensively debated Secretary-General Koji Sekimizu’s proposal for the 2014-2015 budget. There was general support of the initiatives
Read moreWärtsilä’s axial waterjets power the Francisco, claimed to be the world’s fastest high-speed ferry and the first fast ferry to utilize liquefied natural gas (LNG) as fuel. The vessel has successfully passed its sea trials and is now ready to commence commercial operations. Wärtsilä has provided the waterjets for what is claimed to be
Read moreVice Finance Minister Mahendra Siregar said that without a “breakthrough” it would be difficult to ease container traffic at Tanjung Priok, Indonesia’s largest port. Despite recently signed agreements that aim to push down yard occupancy to 85 percent from a current level of around 100 percent, he said that if Indonesia’s economy continued to
Read morePirates have released an oil products tanker and its 24 Indian crew after it was hijacked off the Gabon coast last week, the vessel’s operator said on Monday, in the most southerly attack yet off the coast of West Africa. A surge in piracy in the Gulf of Guinea region including waters off Nigeria,
Read moreThe IMO Council has endorsed a proposal by IMO Secretary-General Koji Sekimizu to adopt “IMO Conventions: Effective Implementation” as the World Maritime Day theme for 2014. Addressing the IMO Council, meeting for its 110th session in London, Mr. Sekimizu said that IMO has, over the years, built up an enviable track record for developing
Read moreThe IMO Council has unanimously agreed to award the prestigious International Maritime Prize for 2012 to Dr. Thomas A. Mensah of Ghana, former President of the International Tribunal for the Law of the Sea and Assistant Secretary-General and Director of the Legal Affairs and External Relations Division at the International Maritime Organization (IMO), for
Read moreThe dwelling time issue has not even finished yet but Tanjung Priok Port is now experiencing another fundamental problem that sparked high economic cost and severe inefficiency. The main problem this time is a severe congestion in distribution line. As the result, freight operators from and to major ports in Indonesia suffered financial loss
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