8- How long have you been a marine engineer? Answer: 8 years 9-How much time do you spend on ships? Answer: That depends on the company or the type of work. Generally‚ as an officer‚ you get one day off the ship for everyday worked. Right now i work 14 weeks away working on a ship‚ then I go home for 14 weeks. 10- Do you design new equipment for ships? Answer: Currently no. I work on a cruise ship on the operational side of things‚ so just maintaining the machine is a big enough job. We always
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increased to 12 days per year for ships operating for more than 5 years. • For ships operating for more than 10 years the repair and maintenance days increased to 16 day per year. Operating Policies • Ocean Carriers didn’t operate ships which were more than 15 years old. • As per international maritime regulations they underwent special surveys every 5 years for seaworthiness of the carriers. • As per the norms maintenance costs of ships older than 15 years was too high.
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Contents |Question No. | |Page | | | | | |1 |Critically assess the key drivers of the Shipping Industry. |1 | | |
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to the International Chamber of Commerce’s International Maritime Bureau as “an act of boarding or attempting to board any ship with the intent to commit theft or any other crime and with the intent or capability to use force in furtherance of that act". (Young & Valencia‚ 269.) Maritime Terrorism is defined as “political piracy” which is “any illegal act directed against ships‚ their passengers‚ cargo‚ crew or against sea ports with the intent of directly or indirectly influencing a government or
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Working with a company called Ocean Rig there was very few issues with Pirates. However most recently on October 5th‚ seven Tanzanian pirates attempted to board a ship that Ocean Rig owns and has currently on its maiden voyage (first voyage out at sea) named‚ the Ocean Rig Poseidon. Tanzanian pirates fired on the ship with automatic rifles but they were soon thwarted by the Tanzanian navy and armed guards on the Ocean Rig Poseidon. How has the strategy of pirates changed over time? With
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History of Piracy Across the World Circa. 69 -- 1730 C.E. Prepared by: Franz Q. Dunsworth Prepared for: Mr. Evans World Civilization 10/31/2014 Webster defines the word pirate‚ as someone who engages in robbery‚ particularly the robbery of ships at sea. However‚ pirates were also known for occasionally attacking coastal towns. Some pirates were referred to as corsairs or buccaneers‚ determined by their time period and area of operation. During the 15th through 18th centuries‚ pirates who
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organization‚ Noauthor provided] b-If the Vessel comes into collision with another ship as a result of the negligence of the other ship and any act‚ neglect or default of the Master‚ Mariner‚ Pilot or the servants of the Carrier in the navigation or in the management of the Vessel‚ the owners of the cargo carried hereunder will indemnify the Carrier against all loss or liability to the other or non- carrying ship or her Owners in so far as such loss or liability represents loss of‚ or damage to‚
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rather stable – perhaps not as successful as in the years before‚ but still doing quite good. According to a Lloyd’s List article from October 2012‚ the LNG market has been doing much better than the other shipping sectors‚ with only around 5% idle ships. This of course is mainly due to the high demand for energy from Japan‚ where the same figure was twice as large prior to the Fukushima disaster (Lloyd’s list‚ 2012c). The situation in the spot and in the time charter markets has been different in
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hire rates are determined according to supply and demand of the shipping capacity. According to the article‚ the supply of ships available equals the number of ships currently in the fleet plus any new ships added‚ minus any scrapings and sinking. According to Exhibit 2‚ there are a limited number of ships older than 24 years which are likely to be scraped. For those ships under the age group from 15 to 19‚ they will continue to provide supply and are not likely to be scrapped because a lot of them
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3 Shipping Market Cycles The four most expensive words in the English language are‚ ‘This time it’s different’. (Sir John Templeton‚ quoted in Devil Take the Hindmost‚ Chancellor 1999‚ p. 191) 3.1 INTRODUCING THE SHIPPING CYCLE Market cycles pervade the shipping industry. As one shipowner put it: ‘When I wake up in the morning and freight rates are high I feel good. When they are low I feel bad’.1 Just as the weather dominates the lives of seafarers‚ so the waves of shipping cycles
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