Shipping Corporation of India Receives New Supramax Bulk Carrier

The Shipping Corporation of India (SCI) accepted delivery of a Supramax bulk carrier, m.v. Vishva Prerna, on November 1, Exim News Service reports. The vessel has gross tonnage of 33,185 tonnes and deadweight of 57,161 tonnes. It has been classed … Continue reading

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Port of Liverpool tools up for future growth

MUMBAI: Peel Port Mersey, the most centrally located UK Port has turned out to be one of the most important key international trade hub for the UK throughout history. Mentioning about the trade with India, Mr. Stephen Carr, Head of … Continue reading

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Steamship Mutual P & I Club Sets 5% Premium Increase for 2012

The Directors of the London-based Steamship Mutual P&I Club “recently reviewed the Club’s open policy years, as well as claims in earlier years, and considered the premium ratings required for the 2012 policy year,” said  an announcement from the Club. … Continue reading

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Ship Value: New Container Ships Fall 31% in Value as Rents, Economies Cool

New container ships’ value dropped as much as 31 percent since April because of falling hire costs and cooling economies, according to Seasure Shipping Ltd.Post-panamax vessels that are too large to navigate the Panama Canal are worth $73.2 million, below … Continue reading

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Rena officers face new charges

container19Two senior officers from the Rena, the cargo ship grounded on a New Zealand reef for almost a month, are to face further charges, the country’s shipping

authority has announced, ifw-net reports.
The Rena caused New Zealand’s worst environmental crisis after it ran aground on Astrolabe Reef, off Tauranga, nearly three weeks ago, leaking hundreds of tonnes of oil.
The master of the Liberian-flagged Rena and its second officer have already been charged with operating a vessel in a manner causing unnecessary danger or risk. They were remanded on bail by the Tauranga District Court.
The charge carries a maximum fine of NZ$10,000 (US$8,000) or a jail term of up to 12 months.
Yesterday Maritime New Zealand (MNZ) said it was laying a further charge against the two men relating to the “discharge of harmful substances from ships or offshore installations”.
Conviction could mean a fine of $300,000 or two years in prison, as well as a fine of $10,000 for every day the offending continued, said an MNZ statement.
The court ordered the identities of the master and second officer to be suppressed and there have been reports that 19 of the Rena’s 25 Filipino crew had been hurried out of Tauranga amid fears for their safety, as local frustration grew.
Source: Port News

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Piracy: Sailors freed from hijacked Algerian ship

somalia-piracySomali pirates holding an Algerian bulk carrier since January 1 freed the 25 crewmen being held hostage on Thursday, the foreign ministry said.”It is with

great joy and profound relief that we announce the release this morning of the 25 crew of the MV Blida,” ministry spokesman Amar Belani said in a statement sent to AFP.
The Blida was captured on its way from Salalah in Oman to Dar es Salaam in Tanzania with a crew of 17 Algerians, six Ukrainians including the captain, two Filipinos, an Indonesian and a Jordanian.
Belani said on October 12 that an Algerian and a Ukrainian had been released on humanitarian grounds, adding, “Negotiations are very difficult but are making progress.”
Relatives of the Algerian hostages organised regular protests to demand more effective government action to secure the crew’s release.
Algeria has an official policy of not paying ransoms and has asked the UN General Assembly to criminalise ransom payments to pirates.
According to Ecoterra International, an environmental and human rights NGO monitoring maritime activity in the region, Somali pirates still hold at least 46 vessels and some 500 seamen.
Source: AFP


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The World’s 25 Best Multinational Workplaces

usnews
Ben Baden, On Saturday 29 October 2011, 2:49 NZDT

Employees have spoken, and three technology companies took the top spots in a new survey of the best multinational workplaces: Microsoft, software-maker SAS, and data-storage company NetApp.

The Great Place to Work Institute, the same company that created the original 100 Best Companies to Work for in America list 15 years ago, has released its first ranking of the world’s 25 best multinational workplaces.

[See The 50 Best Careers of 2011.]

To be eligible for the list, companies must have appeared on at least five national Great Places to Work lists, have at least 5,000 employees worldwide, and at least 40 percent of their global workforce must work outside of the company’s home country. The 25 companies were chosen from a pool of more than 350 multinationals from 45 countries that participated in the survey.

“What we found in great workplaces is that they don’t just do business as usual, and they try to be innovative, creative, and they really care about their people,” says Jose Tolovi, global CEO of the Great Place to Work Institute.

To determine the best workplaces, the Great Place to Work Institute, a global research firm based in San Francisco, surveys employees about what it’s like working at their company.

Tolovi says each company has three characteristics that make a great workplace: trust, pride, and camaraderie. “Trust is the essential trait,” he says. In the questionnaire given to employers, 60 percent of the questions are related to trust. “The best companies listen a lot to their people and then according to that, they keep changing and innovating,” Tolovi says.

Of the 25 multinational companies on the list, 18 are based in the United States. The other seven companies are domiciled in Europe.

Companies received extra points for the number of countries in which employees participated in the survey, as well as the percentage of its employees that participated. For instance, Microsoft employees from 26 countries participated (the most of any country), and 86 percent of its total workforce was represented in the survey. SAS and Google each included 70 percent of their global workforce in the survey, and NetApp included 78 percent.

Lisa Brummel, chief people officer at Microsoft, says Microsoft strives to be very “employee-centric.” “The thing that makes us most unique at Microsoft is the investment that we actually make in our employees–whether it’s benefits or whether it’s training or whether it’s getting top talent to come and work with our employees here,” Brummel says. “We really do invest a lot in the work experience–both the physical work experience, our buildings are great, people get great hardware to work with–as well as the intangible things whether it’s being able to go outside and play cricket, soccer, or baseball in the middle of the day, or whether it’s being able to get to and from work in an easy way.” Brummel says the company aims to give employees in every location a chance to make their voice heard about their workplace environment.

[See In Pictures: 6 Ways the Work World is Changing.]

To put the size and scope of the companies into perspective, the top 25 companies have a combined total of 724,047 employees globally, and over the past 12 months, they have together created more than 30,000 jobs. In addition, these companies are highly competitive–each receive, on average, seven job applications per employee.

Here is the Great Place to Work Institute’s full list of the World’s Best Multinational Workplaces:

1. Microsoft (TSXV: US.V)

2. SAS (TSXV: US.V)

3. NetApp (TSXV: US.V)

4. Google (TSXV: US.V)

5. Fedex (TSXV: US.V)

6. Cisco (TSXV: US.V)

7. Marriot (TSXV: US.V)

8. McDonald’s (TSXV: US.V)

9. Kimberly Clark (TSXV: US.V)

10. SC Johnson (TSXV: US.V)

11. Diageo (UK)

12. American Express (TSXV: US.V)

13. Medtronic (TSXV: US.V)

14. Intel (TSXV: US.V)

15. Hilti (Germany)

16. 3M (TSXV: US.V)

17. Telefonica (Spain)

18. National Instruments (TSXV: US.V)

19. Mars (TSXV: US.V)

20. Accenture (Ireland)

21. Roche (Switzerland)

22. Novo Nordisk (Denmark)

23. Coca Cola (TSXV: US.V)

24. Atento (Spain)

25. Quintiles (TSXV: US.V)

Twitter: @benbaden

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Salman Butt, Mohammad Asif, Mohammad Aamer sentenced to jail for spot-fixing

Former Pakistan captain Salman Butt was sentenced to 30 months of imprisonment for spot-fixing. Mohammad Asif was sentenced to one year concurrent jail term.

Mohammad Aamer got six months in jail, while bookie Mazhar Majeed was sentenced to 2 years and eight months of imprisonment.

Whuile delivering the sentence, Judge Cooke said that image and integrity of cricket has been damaged and the offences were so serious only imprisonment can suffice.

Source TOI

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ICC launch new probe

3/11/2011 2:01 PM Sportal The ICC’s anti-corruption unit is set to launch an investigation into Pakistan’s 2010 Test matches against Australia in England. The investigation has been prompted by the emergence of incriminating text messages between player agent Mazhar Majeed … Continue reading

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Cricket: Butt, Asif found guilty

Former Pakistan Test captain Salman Butt and pace bowler Mohammad Asif face jail time after being found guilty of corruption. Butt was found guilty after standing trial at London’s Southwark Crown court on two charges of conspiracy to cheat and … Continue reading

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