Oil Price Drop Benefits Time Charter Market: A Newslink Service For Dole Chile
Oil Price Drop Benefits Time Charter Market: A Newslink Service For Dole Chile
Oil Price Drop Benefits Time Charter Market: A Newslink Service For Dole Chile
SAFETY
USCG RELEASES REVISED INLAND
NAVIGATION RULES
The revised 'Inland Navigation Rules',
published by the US Coast Guard in July 2014
include amending Rule 30 'Vessels anchored,
aground, and moored barges' to incorporate
barge lighting requirements previously located
in other regulations, including requirements for
an unobstructed white light of sufficient
intensity to be visible for at least one nautical
mile. The Coast Guard would like to take this
opportunity to remind barge operators of their
obligation to meet current barge lighting
regulations. The USCG also strongly
recommends that owners and operators of all
vessels, including recreational vessels, remain
extravigilant when operating boats during
nighttime hours, times of reduced visibility, or
when strong currents exist and when other
navigational challenges posed by barge fleets
are present.
The USCG urges owners and operators of
barge fleets to complete the following actions:
1. Review fleet lighting procedures to ensure
that barges are sufficiently lit and operated in
accordance with the Inland Navigation Rules1,
including technical requirements as prescribed
in Annex I, as well as any applicable
area-specific regulations in 33 CFR Parts 162
and 165.
2. Ensure that barge fleets remain in
compliance with permits issued by US Army
Corps of Engineers pursuant to 33 CFR Parts
320 through 332, and/or regional issuing
authorities. The changes in the rules
concerned were made after finding that in the
US Coast Guard Eighth District alone 44
recreational vessels have struck (allided)
moored barges within barge fleets, resulting in
26 fatalities and 44 injuries over the past 12
years. Source: USCG
SHIPPING DATA
BALTIC EXCHANGE
Market snapshot: (October 13)
Dry Index
BDI
954
Capesize Index
BCI
1521
Panamax Index
BPI
868
Supramax Index
BSI
959
Handysize Index
BHSI
513
-9
-23
+3
-11
-3
EXCHANGE RATES
New York (Mon Cls)
Fgn Currency
in USD
Britain (Pound)
1.6061
Canada (Dollar)
0.8925
China (Yuan)
0.1633
Euro
1.2679
India (Rupee)
0.0164
Indonesia (Rupiah) 0.000082
Japan (Yen)
0.009317
Norway (Krone)
0.1539
Philippines (Peso)
0.0223
Poland (Zloty)
0.3026
Russia (Ruble)
0.0247
Singapore (Dollar)
0.7855
Ukraine (Hryvnia)
0.0772
USD in Fgn
Currency
0.6226
1.1204
6.1255
0.7887
61.0200
12265.00
107.3300
6.4967
44.7700
3.3100
40.5081
1.2731
12.9578
PORTS
INCIDENTS
ENVIRONMENT
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MARITIME INSTITUTION
INTERNATIONAL ASSOCIATION OF
PORTS AND HARBORS
The International Association of Ports and
Harbors (IAPH) was established on 7th
November 1955, when some 100
delegates from 38 ports and maritime
organisations in 14 countries gathered in
Los Angeles, California to announce its
creation.
Over the next five decades, IAPH would
develop into a global alliance of ports,
representing today some 200 ports in 85
countries. The member ports together
handle well over 60% of the world's
sea-borne trade and nearly 80% of the
world container traffic.
It is a non-profit-making and
non-governmental organisation (NGO)
presently headquartered in Tokyo, Japan.
The IAPH is governed by a biennial
conference attended by its general
membership.
In between the biennial sessions, an
Executive Committee composed of six
members representing the African and
European region, four from the American
region and eight from Asia and Oceania
undertake the administration of the
institution.
The elected leadership of the IAPH is
composed of a President, three
Vice-Presidents representing
Euriope/Africa, Americas and
Asia/Oceania, respectively, an Immediate
Past President and a Conference
President.
The Association has technical
committees responsible for
communications and training; port safety,
security and environment; and one for port
operations, development and facilitation.
A secretary-general is made in charge of
the major secretariat offices in Europe and
Japan.
Some of the key concerns of the IAPH
are those relevant to
- Places of Refuge
- Overweight containers or incorrectly
declared container weights
- World Ports Climate Initiative