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Maritime News for Filipino Seafarers

J.P. Morgan Global Alternatives Raises Distressed Shipping Fund

J.P. Morgan Global Alternatives Raises Distressed Shipping Fund
19 June 2017 http://www.institutionalinvestor.com/article/3726116/asset-management-he...

J.P. Morgan Global Alternatives has closed a $480 million fund to invest in distressed shipping assets, attracting capital from pensions, endowments and insurance companies.

Malaysia: ‘Maritime industry needs clearer picture of cabotage policy’

‘Maritime industry needs clearer picture of cabotage policy’
June 20, 2017 http://www.theborneopost.com/2017/06/20/maritime-industry-needs-clearer-...

KUALA LUMPUR: There is a need to make clear the uncertainties surrounding implementation of exemption of the cabotage policy for Sabah, Sarawak and Labuan, the Malaysia Shipowners’ Association (MASA) said.

Prime Minister Datuk Seri Najib Tun Razak had announced the exemption of the cabotage policy from June 1, 2017.

Kidnapped Vietnamese Seaman Hoang Vo of MV Royal 16 kept in Basilan for 7 months rescued

Military rescues kidnapped Vietnamese sailor in Basilan
AL JACINTO, June 17, 2017 http://www.manilatimes.net/military-rescues-kidnapped-vietnamese-sailor-...

ZAMBOANGA CITY: The Joint Task Force Basilan rescued on Friday a Vietnamese seaman kidnapped by the Abu Sayyaf Group (ASG) seven months ago.

Hoang Vo, 28, a member of the crew of cargo ship MV Royal 16, was recovered by soldiers during an operation in Sumisip-Ungkaya Pukan Complex. His five other co-sailors were reportedly being held in captivity by the bandits.

Marianamax containership class introduced

Marianamax containership class introduced
june 19th 2017 http://splash247.com/marianamax-containership-class-introduced/

Jean-Paul Rodrigue, a professor at Hofstra University has this tongue in cheek look at the future of container shipping.

Dry cargo ship runs ashore in Turkey’s Çanakkale

Dry cargo ship runs ashore in Turkey’s Çanakkale
June/18/2017 http://www.hurriyetdailynews.com/dry-cargo-ship-runs-ashore-in-turkeys-c...

A Turkish dry cargo ship ran ashore on a beach in the northwestern Turkish province of Çanakakle on June 18, Doğan News Agency has reported.

The ship reportedly set out from the port of Nemrut in the Aegean city of İzmir and was heading to the northwestern town of İzmit in Kocaeli province, when it ran ashore on the Sokakağzı Bay at around 1 a.m. on June 18.

Philippine Register of Shipping: Safety drive

Philippine Register of Shipping: Safety drive
6th June 2017 http://splash247.com/philippine-register-shipping-safety-drive/

Philippine Register of Shipping, the country’s first and largest classification society, has embarked on a rebranding while expanding its services to support its aim of safer shipping and increase its client base in the growing domestic fleet.

Fatal collision: Number of sailors found dead as US destroyer reaches port

Fatal collision: Number of sailors found dead as US destroyer reaches port
Anna Fifield June 18 2017 http://www.smh.com.au/world/fatal-collision-number-of-sailors-found-dead...

The damaged bow of the ACX Crystal, a Philippines-registered cargo ship which collided with the USS Fitzgerald. Photo: Japan Coast Guard/New York Times

Philippine Coast Guard Takes Control of Ports

Philippine Coast Guard Takes Control of Ports
Noel Tarrazona 2017-06-15 http://www.maritime-executive.com/article/philippine-coast-guard-takes-c...

Seafarers and passengers of commercial ships approaching seaports in the Philippines should not be surprised when they see armed government personnel.

The Philippine government through the Department of Transportation has ordered the Philippine Coast Guard to take over security operations in all 1,600 public and private ports throughout the country.

National Maritime Polytechnic , Masters and Mates Association of the Philippines sign Memorandum of Agreement for resources sharing

NMP, MMAP sign MOA for resources sharing
Restituto A. Cayubit June 13, 2017 http://news.mb.com.ph/2017/06/13/nmp-mmap-sign-moa-for-resources-sharing/

Tacloban City – The National Maritime Polytechnic (NMP) and the Masters and Mates Association of the Philippines, Inc. (MMAP) signed a Memorandum of Agreement (MOA) to strengthen cooperation to enhance the quality of training for Filipino seafarers in compliance with the international requirements, according to a report from NMP, which is based in Barangay Cabalawan here.

Conrado Banal: Port of crawl

Port of crawl
Conrado Banal June 15, 2017 http://business.inquirer.net/231375/port-of-crawl

This time, the administration of the motorbiking, martial law-declaring Duterte Harley must tackle a different kind of terror at the Port of Manila.

Besieging one of the cargo handling operators there is his own administration, courtesy of the Philippine Ports Authority (PPA).

From what I gathered, PPA already threatened to close down the 15-hectare terminal of the beleaguered operator.

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