first_imgUPDATED: A second lifeboat has been forced to go to the aid of a stricken fishing vessel off the coast of Co Donegal this evening.The lifeboat was dispatched to waters off FanadThe vessel, the Mary Ellen, with a crew of five on board, lost power off Fanad Head.Its crew made an emergency call to which was picked up by the Malin Head coastguard radio station. Members of the Lough Swilly Lifeboat, who were taking part in an annual commemoration service for the stricken Saldanha off Portsalon, were dispatched to the ailing vessel.However a call had to be made to the Portrush All Weather lifeboat after the tow-rope from the Lough Swilly All Weather lifeboat continued to snap in heavy seas.Both boats are now trying to escort the fishing vessel back to the shelter of Lough Swilly as force 6 gales are forecast for this evening.A spokesman for Malin Head coastguard radio told Donegal Daily that no injuries have been reported. “There are no reports of any injuries at this time. Sea conditions were quite treacherous this afternoon.“The tow-rope continued to snap and the assistance of the Portrush lifeboat was called for. The forecast is for force 6 gales so we are trying to get the fishing boat back to the shelter of Lough Swilly,” said a spokesman.The rescue 118 helicopter has also been dispatched to the scene from Sligo in case the crewmen need to be lifted of the boat. RESCUE OPERATION UNDERWAY AFTER FISHING VESSEL LOSES POWER was last modified: December 3rd, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:fishing vesselLough Swilly LIfeboatMary EllenPortsalonlast_img read more

Japans Trio Sets Up Container Shipping JV

first_imgzoom Japan’s three major container shipping companies established a holding and operating company on July 7 as they move toward the integration of their container shipping businesses.Nippon Yusen Kabushiki Kaisha (NYK), Mitsui O.S.K. Lines (MOL), and Kawasaki Kisen Kaisha (K Line) was planning to set up the joint venture company at the strt of July, however, they pushed the establishment date despite claiming to have received all necessary approvals for compliance with local competition laws.The JV company, which includes worldwide terminal operation businesses outside Japan, received the approvals in regions and countries where compliance is required for the establishment of Ocean Network Express (ONE).In late June, the Republic of South Africa’s competition commission decided to block the trio’s proposed merger saying that the structure of the container liner shipping market “is conducive to coordination based on previous collusive conduct in the container liner market in other parts of the world.”The companies earlier said they expect to complete the approval process for compliance with competition law before the service commencement date of April 1, 2018.“Overall, there is no impact on the three companies’ integration plans for the new container shipping business, and the service commencement date for the new company is likewise unchanged from April 1, 2018,” MOL informed.last_img read more