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IMC Maritime Newsletter April 20, 2010

(Full Newsletter can be downloaded here: http://imcbrokers.files.wordpress.com/2010/04/imc_maritime_newsletter_04202010.pdf)

Status of seized vessels and crew in Somalia and the Indian Ocean
At least 19 foreign vessels plus one barge are kept in Somali hands against the will of their owners, while at least 304 seafarers - including an elderly British yachting couple - plus the lorry drivers from Somaliland suffer to be released.

Wreck Salvage Efforts Run into Trouble
Efforts to salvage the bow of the Navy corvette Cheonan have run into difficulties with one of the giant chains being used to hoist the structure snapping on Sunday as worsening weather compounded problems.
Record breaking offshore drill
ExxonMobil has successfully drilled six miles down completing the world’s longest extended-reach oil well from an offshore rig.
Strike threat to SAfrica's ports, rail, pipelines
Some 50,000 workers could go on strike at South Africa's port, rail and pipeline operations after wage talks with logistics group Transnet failed, a transport union said on Tuesday.
New tugboat download pack available for Ship Simulator 2008!
Continuing the weekly releases of download packs for Ship Simulator 2008, game developer VSTEP announces a new free download pack for Ship Simulator 2008 is now available at “The Shipyard”, the online vessel & environment shop for Ship Simulator 2008. The Tugboat Super Pack is already download pack number 23(!) created for the game and is now available for free download.
China Shipbuilding First-Quarter Net Income Increases 7.3%
China Shipbuilding Industry Co. said first-quarter net income rose 7.3 percent to 315.9 million yuan, according to a filing to Shanghai’s stock exchange. Sales gained 11 percent to 4 billion yuan, according to the statement.



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