Not Logged In, Login,

Monday, December 11, 2017

No. 47/2001

Published

Article

23.11.2001

CHANGES TO THE COW MANUAL

It would appear that not all oil companies are aware of the changes to the COW Manual as revised in 2000, particularly with regard to the fact that this revision does not contain a list of unsuitable crude oils for COW. INTERTANKO had brought this issue to IMO and demonstrated that the list in the previous COW Manual appeared to be inadequate guidance for COW suitability determination. Whilst w...... More

23.11.2001

PREVENTING STATIC ELECTRICITY FROM AIR DRIVEN PORTABLE PUMPS

Members should note the need for the bonding of air driven portable pumps in order to prevent static electricity discharges. Wilden (a major pump manufacturer) in the UK has given their permission for us to reproduce an extract from Section 14. of their Pump Users Guide, available on the web at Web Link: http://www.wildenpump.com/pugs/eng_pug.pdf (QUOTE) CAUTION: 1.7 ELECTRICAL HAZARDS a. Stati...... More

23.11.2001

IMO ASSEMBLY APPROVE TWO YEARS OF REGULATIONS

This week IMO's Secretary-General, Mr William O'Neil, presented his plans for IMO for the next two years whilst State Diplomats representing the 160 Parties to IMO gathered to approve the last biennium's work of the IMO. In a focused and strong presentation to the Assembly, Mr O'Neil expressed his concern for the shipping industry and the potentially lean times ahead, noting that the IMO should...... More

23.11.2001

INTERTANKO MEETS DIPLOMATIC COMMUNITY IN OSLO

On Tuesday INTERTANKO hosted a luncheon for Ambassadors and other members of the diplomatic community in Oslo. The event was well attended by a total of 30 diplomats and 14 INTERTANKO members and representatives. ... More

23.11.2001

TURKEY RATIFIES CLC AND FUND CONVENTIONS!

This was confirmed by the Turkish Ministry of State for Maritime Affairs, Prof. Ramazan Mirzaoglu, during a meeting with the INTERTANKO Chairman, Lars Carlsson, Managing Director Peter Swift and Dragos Rauta from the INTERTANKO Secretariat, on 21 November in London. ... More

23.11.2001

U.S. PRESIDENT AUTHORISES INCREASE IN STRATEGIC PETROLEUM RESERVE

Citing the need to “strengthen the long-term energy security of the United States, President Bush last week ordered the topping off of the US strategic petroleum reserve to its maximum capacity of 700 million barrels. This represents an increase of approximately 155 million barrels over present levels. Since its establishment in 1975, the Reserve has never been maintained at maximum levels. To...... More

23.11.2001

PORT NEWS

Iraq/Mina al Bakr - the going gets tougher Some charterers involved in the transport of Iraqi crude who have nominated vessels for loading at this terminal have recently encountered difficulties in obtaining approval of their vessels. One source relates the refusal to owners' persistent non-payment of port disbursements, in accordance with U.N. sanctions. We would appreciate hearing whether oth...... More

23.11.2001

PORT COSTS

Brazil/ São Sebastiao - high pilotage charges encountered Owners have encountered high pilotage charges for manoeuvres at São Sebastiao (SSEB). At least three different pilotage agreements have been signed by the services acting at São Sebastiao, but the most important information owners should note is the following: The Brazilian Maritime Authority has published a regulation which establishes...... More

23.11.2001

INTERTANKO IN THE NEWS

Fairplay Daily News, 21 November 2001 – DNV issues Singapore bunkers alert ... More

23.11.2001

EXTENSION OF STATUTORY TIME LIMIT FOR APPLYING TO THE COURT UNDER SECTIONS 67/8/9 OF THE ARBITRATION ACT 1996

We wish to advise members of this recent decision of Mr Justice Colman. The case concerned a contract governed by English law which provided for disputes to be submitted to arbitration in London under the English Arbitration Act. The claimant disputed the arbitrator's jurisdiction, submitting that it was not bound by the English courts or the arbitration clause because the contract was invalid...... More

23.11.2001

MARKET INFORMATION

Synchronised recession - OECD Economic Outlook OECD forecast growth to "remain very weak" in the first half of next year. However, it was more positive about future prospects. The OECD estimates overall economic growth among its member countries to be 1% this year and next, accelerating in 2003 to a more normal rate of 3%. The US will grow by 1.1% in 2001 and 0.7% in 2002, with Euro-zone growth...... More

23.11.2001

PORT ISSUES

Restrictions due to growing concern for international terrorism and piracy Due to the growing concern over international terrorism and piracy, in addition to the safety precautions previously taken by the U.S. Government, amongst others, the Indian authorities have announced that small, unauthorised craft must not approach vessels. The Cochin port authority has added a new clause to their port...... More