Monday, 16 November 2015

Vocational Education and Training 16th November 2015


Commercial Overseas and Awareness of Shipping and Trade - COAST





































Delivery options:

1. On line learning via our WebEx system which requires students to attend one hour weekly lectures/discussions via both Internet and freephone conference.

2. Felixstowe Trade College E-Learning campus. The campus facilities include, audio visual lectures, self test, support material and assignment upload and tutor on line assistance.

3. Delivered in the workplace over a twelve week period with campus support for self test, assignment upload.


This qualification is for anyone involved in the supply train for  export, import, shipping, forwarding and transport.

Shipping Trade and Transport News 16th November 2015

 

Ships in distress during the last 24 hours

 

M.V. Makra - engine trouble in Bosphorus
M.V. Ji  Xin 9 - collission in Taiwan Strair
M.V. Guang Yun - collission in Taiwan Strait
M.V. Viking emerald  - grounding near Woodland  (Washington)
M.V. Mapleglen - beached
M.V. Falkland Cement - beached
M.V. Costa Favolosa and MSC Fantasia 6000, passengers affected by terrorist attacks in Paris
M.V. Kvaloy - technical trouble (Norway)
M.V. Norwegian Pearl - seach for young monthers suspended who went overboard during a cruise 22 nautical miles  off the coast of Cuba





Saturday, 14 November 2015

Shipping Trade and Transport News 14th November 2015

 

Incidents at Sea

 

Vessel Collision M.V Svyatoy Petr

















The vessel was in a collision with a tanker M.V. Svatoy Pavel in the Laptev Sea at 4pm on Friday with damage to of 20 metres long at the portside,  The vessel was taken under tow to Tem Bay

M.V. Oksøy Ferry suffered bow thrust damage 12th November 2015

M.V. Finnkraft a fire broke out on the RoRo ferry  at the port of Vuosaari (Helskinki)  The bow area and stairwell were on fire.

M.V. Kamparzand damaged by power lines

The incident occurred yesterday on route to a power station carrying a cargo of coal. The power line was over the Rhine-Herne Canal.

M.V Solarte - Lithuanian seafers taken hostage in Nigeria.

Lithuanian Government Rimantas Vaitkus has announced that Lithuanian seafarers taken hostage from the ship Solarte off the coast of Nigeria have been freed.

M.V. Insignia - Maldives state of emergency causes ship to skip port

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The country's president has declared a 30 day state of emergency which stated on the 4th November 2015

 

Vessel News

 

M.V MSC Lirica

 
















The newly refurbished NSC Lirica is expected to become their second vessel for their Cuba service from the winter of 2016.

The human cost of cheap bananas

New report shows how increasing market power and Unfair Trading Practices of European supermarkets affect banana small farmers and plantation workers

Banana workers and small farmers in developing countries are exposed to toxic agro-chemicals, earn poverty level wages and work in a climate of fear, reveals the report "Banana value chains in Europe and the consequences of Unfair Trading Practices" published today by Banana Link and the Fair Trade Advocacy Office FTAO. The report also shows how European supermarkets contribute to this situation by engaging in Unfair Trading Practices (UTPs).

United Kingdom Balance of Trade the gap has narrowed to £1.353 billion according to figures recently published.

This has been partly achieved by an increase in the export of goods  and a decline of imports.

  • GDP Growth  August  = 2.3% 
  • GDP from Agriculture = 2923 GBP Million 
  • GPD from Construction  =24280 GBP Million
  • GDP from Transport = 17462 GBP Million
 
The Gross Domestic Product per capita in the United Kingdom  is equivalent to 324 percent of the world's average

  • Unemployment has fallen from October 2014at 6% to August 2015 at a rate of  5.3% 
  •  Consumer confidence recorded from  7 recorded in July 2015 to 2 in October.
  •  Inflation rate is currently at -0.1%  (September) from 0.1 in July 2015 (food inflation is currently at -2.3%)
  • Export prices have increased to 88.10 Index Points in September from 86.9 Index Points in August 2015
  • Import prices increased to 89.90 Index Points in September from 89.7 Index Points in August 2015 
  • UK Personal Income Tax Rage us currently 45% 
  • Bank Lending  Rate October 2015 1.5%
  • Government debt is currently -8628 GBP million  in September 2015  which dropped slightly from -10793 GDP million in October 
  • Government spending has risen to 90111 GBP million in the second quarter of 2015 from 89753 GBP in the first quarter 
  • UK's Credit Rating is AA+ (94 Negative) against USA showing AAA (97 Stable) based on Moody's statistics


Friday, 13 November 2015

Shipping Trade and Transport News 13th November 2015

 

Vessel News

 

Searose Fpso


A 51-year-old man from Nova Scotia is facing drug charges after his arrest on board the SeaRose FPSO late last week. Bruce Giles of Nova Scotia was arrested by the Combined Forces Special Enforcement Unit






















Falcon Explorer


The "Falcon Explorer has been selected for recycling, and bought by Smedegaarden. It berthed in Esbjerg on Oct 29, 2015. The vessel still contained a lager amount of good equipment


Felixstowe 

MV Svitzer Deben  

The Damen Shipyard group built ASD 3212 tugs SVITZER DEBEN and SVITZER KENT which were delivered by the Happy Star in Rotterdam to sail to their homeports London and Felixstowe however due to the stormy conditions at the Notrthsea the tugs were waiting for weather improvement in the 4th Petroleum harbor Svitzer.
















Supreme Court upholds life sentence for captain

 

South Korea’s supreme court on Nov 11 upheld a life sentence for the captain of the "Sewol". The Supreme Court upheld a lower court that sentenced Lee Joon-seok, 70, to life imprisonment for charges that included homicide. The court ruled that Lee committed homicide by willful negligence, concluding he fled his ship without giving an evacuation order, although, as captain, he is required by law to take measures to save his passengers. The court also upheld prison terms of 18 months to 12 years for 14 other crew members who faced similar charges of negligence and passenger abandonment, but weren’t found guilty of homicide because they were subject to Lee’s orders. 

















Thursday, 12 November 2015

Shipping Trade and Transport News 12th November 2015

 

Hapag Lloyd

 

Shares in Hapag-Lloyd hovered around their issue price in their stock market  as investors gave the German shipping group a lukewarm reception over uncertainty and resilience of stock market/ shipping industry


CMA-CGM  

 

CMA CGM SA is in talks to acquire Singapore container shipping company Neptune Orient Lines Ltd.

 

EU News


EU - Near new EU trade offer to Paraguay

Four south American countries hope to relaunch stalled negotiations on a free trade deal with the European Union next month, Paraguay's President Horacio Cartes told AFP.

Israeli fury over EU settlement product labels

The European Union on Wednesday backed the labelling of products from Israeli settlements, sparking fresh tensions with a furious Israel, which said the move could harm the peace process with the Palestinians.

HMRC UCC/AEO

With effect from the 1st January 2016 the new UCC codes will be introduced  be in stages with eventual link by HMRC to EU customs.  Additional information will be requied in box 44 of the entry to confirm the HS code has a BTI.  Organisations that hold AEO(C) will start to see the benefits of their due diligence.

Felixsowe Trade and Enterprise College Education Committee operates a free help line for information 01394 458554.


Monday, 9 November 2015

Shipping Trade and Transport News 9th November 2015

 

Company News

 

Hapag- Lloyd

Shares in Hapag-LLoyd received a lukewarm reception confirming uncertainty of the stock markets and the industry iteself. Hapag-Lloyd have postponed the initial public offering  and have trimmed the shares on offer and lowered the price range.to attract better trading.

CMA-CGM

The company has announced that it is in talks to buy Neptune Orient (Singapore)  It would seem a preliminary offer has been made to NOL which is currently valued at $2.7 billion.
















Maersk 

The worlds largest container ship operator is slashing jobs and cancelling and or delaying orders. The container operator is expecting to cut 4000 jobs from its current staff of 23,000. It has also stated it is cancelling the purchase of six Triple-E vessels..

Trade News

 

"Britain can survive outside EU, says Cameron"

Britain can survive outside the European Union, Prime Minister David Cameron said on Monday as he denied he was planning to campaign for Britain to stay in the EU regardless of the outcome of reform talks.



















Customs UCC 

 

Details have been released concerning the implementation of the codes starting 1st January 2016. AEO will also  be amended to fall in line with the EU agreements and its operation alongside UCC.

Felixstowe Trade College has made available a free help line to assist traders with information and  advice The help line number is 01394 458554























Saturday, 7 November 2015

 Shipping Trade and Transport News 7th November 2015


Vessel News

 

'watch the video'

A MAN has fallen from a cruise ship in the Caribbean despite the frantic efforts by other passengers to save him Dramatic video of the man plunging into the water was shot by a passenger. It shows the desperate effort to pull him to safety — and then screams of horror as he slips and falls.

 

MV  Wes Amelie

The worlds first Duel-Fuel Ship Conversion .

Wessels Reederei, the German shipping company, has signed a contract with MAN Diesel & Turbo at the Europort exhibition for maritime technology to retrofit the 8L48/60B main engine of its 1,000-teu container ship ‘Wes Amelie’ to dual-fuel operation. The vessel will be the first of its kind worldwide to be converted to an LNG-capable propulsion system.















Port News

New terminal set up to serve east India 'Kakinada Container Terminal

KCT is situated in the Kakinada Deep Water Port (KDWP), an all-weather port in Andhra Pradesh, and is sheltered by a natural breakwater. The port is well positioned to serve east India’s agricultural, seafood and commodity hinterland, which exports products like rice, sugar, maize, shrimps and paper products.

















Transport News

Connecting Europe Facility

The European Commission has launched the second call for proposals of the Connecting Europe Facility, with more than EUR 7.6 billion of investment to finance transport projects. EUR 6.5 billion is earmarked for countries with Cohesion Fund eligibility.

How much funding is available?
Under the current call for proposals €7.56 billion are being made available to improve European transport infrastructure, promote innovation and new technologies, develop intelligent transport systems and mitigate the safety and environmental impact of the sector. Out of the total amount available, €1.09 billion are earmarked for projects in all Member States while €6.47 billion are foreseen exclusively for projects in Member States eligible for funding from the EU's Cohesion Fund.

Which Member States are eligible to the Cohesion envelope?
The eligible Member States are: Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia and Slovenia.

RHA

The Road Haulage Association is calling on government to tackle the growing 'off-payrol' drivers

Hauliers who may have inadvertently be paying drivers off-payroll may face heavy claim for back tax and penalties of up to 70% of the tax and NI.

The Road Haulage Association is calling on the government to tackle the growing problem of ‘off-payroll’ drivers. - See more at: http://www.transportengineer.org.uk/transport-engineer-news/off-payroll-drivers-a-serious-concern-for-industry-says-rha/109477/#sthash.JPCLaQlz.dpuf
The Road Haulage Association is calling on the government to tackle the growing problem of ‘off-payroll’ drivers. - See more at: http://www.transportengineer.org.uk/transport-engineer-news/off-payroll-drivers-a-serious-concern-for-industry-says-rha/109477/#sthash.JPCLaQlz.dpuf
The problem is most prevalent among Eastern European drivers, says the RHA, although it is not limited to them.
“Hauliers who may inadvertently be paying drivers off-payroll may face a heavy claim for back tax and penalties of up to 70% of the tax and NI arising,” warns Burnett. “Also, individual drivers could face bankruptcy if they evade tax payments and then HMRC enforces its rules.”
- See more at: http://www.transportengineer.org.uk/transport-engineer-news/off-payroll-drivers-a-serious-concern-for-industry-says-rha/109477/#sthash.JPCLaQlz.dpuf
The Road Haulage Association is calling on the government to tackle the growing problem of ‘off-payroll’ drivers. - See more at: http://www.transportengineer.org.uk/transport-engineer-news/off-payroll-drivers-a-serious-concern-for-industry-says-rha/109477/#sthash.JPCLaQlz.dpuf
The problem is most prevalent among Eastern European drivers, says the RHA, although it is not limited to them.
“Hauliers who may inadvertently be paying drivers off-payroll may face a heavy claim for back tax and penalties of up to 70% of the tax and NI arising,” warns Burnett. “Also, individual drivers could face bankruptcy if they evade tax payments and then HMRC enforces its rules.”
- See more at: http://www.transportengineer.org.uk/transport-engineer-news/off-payroll-drivers-a-serious-concern-for-industry-says-rha/109477/#sthash.JPCLaQlz.dpuf