announced the results of the
first month inspections
under the requirements of
the Maritime Labour
Convention (MLC). Eight
ships have been detained for
As of August 20, 2013 the Maritime Labour Convention (MLC), 2006 entered into force and became a
relevant instrument for the Paris MoU inspection regime. On October 3, 2013 the Paris MoU announced
the first month results on MLC inspections. More specifically 8 ships out of the 68 have been detained
with MLC-related deficiencies.
As per the Paris MoU press release:
a total of 4,260 deficiencies have been recorded;
494 deficiencies out of the 4,260 records (11,5%) were related to any of the ILO Conventions
listed as relevant instruments;
of these 494, 30 (6,1%) were considered to be serious enough to be a ground for detention;
23 of those 30 (76,7%) were related to breaches of the MLC and resulted in the detention of
8 individual ships;
The total number of detention was 68 during 1,532 inspection which resulted in a detention
rate of 4,4%.
Coal Minister, Sriprakash Jaiswal, on Friday said the Cabinet Committee on Economic Affairs (CCEA) would decide on the disinvestment of Coal India.
“If the Cabinet decides to sell shares, disinvestment would happen,” Jaiswal told media persons at the CII Clean Coal India 2013 conference.
However, the Minister said that the decision on buyback of shares or offering special dividend would be decided by Coal India board and the Government has no role to play.
Coal India shares are trading at Rs 292.90 down 0.37 per cent on the Bombay Stock Exchange at around 12.19 p.m. on Friday.
There has been ambiguity over the Government’s move to sell its stake in the public sector miner. As on September 30, Government owns 90 per cent stake in Coal India, while FIIs hold 5.51 per cent, DIIs have 2.34 per cent and remaining 2.15 per cent is with other shareholders.
The labour unions of Coal India have opposed the Centre’s move to dilute the Government’s stake in the miner.
“In September, coal production has increased 15.6 per cent, offtake by 9.2 per cent and coal supply to power sector by 9 per cent as compared to September, 2012,” said Jaiswal.
In the quarter of the current financial year, coal production has shown a growth of 9.6 per cent, coal dispatches grew 7.2 per cent and coal supplies to the power sector increases 7 per cent when compared to the similar months previous year.
“This has led to a growth of 7 per cent in coal based power generation,” the Coal Minister reiterated.
Selling pressure dissolves sugar
The very severe cyclonic storm, PHAILIN over east central Bay of Bengal moved west-northwestwards with a speed of 15 kmph and lay centred at 0530 hrs IST of 11th October
2013 near latitude 16.00N and longitude 88.50E, about 520km south-southeast of Paradip, 530km southeast of Gopalpur, and 530km east-southeast of Kalingapatnam. It would move
northwestwards and cross north Andhra Pradesh and Odisha coast between Kalingapatnam and Paradip, close to Gopalpur (Odisha) by evening of 12th October, 2013 as a very severe cyclonic storm with a maximum sustained wind speed of 205-215 kmp
GLOBAL MODEL DATA TIME 12UTC 10.10.2013
SEVERE CYCLONIC STORM PHAILIN ANALYSED POSITION : 15.1N 89.8E
VERIFYING TIME POSITION STRENGTH TENDENCY
-------------- -------- -------- --------
12UTC 10.10.2013 15.1N 89.8E MODERATE
00UTC 11.10.2013 15.4N 88.6E MODERATE LITTLE CHANGE
12UTC 11.10.2013 16.3N 87.3E MODERATE LITTLE CHANGE
00UTC 12.10.2013 16.9N 86.7E STRONG INTENSIFYING SLIGHTLY
12UTC 12.10.2013 18.7N 85.6E INTENSE INTENSIFYING RAPIDLY
00UTC 13.10.2013 20.1N 84.9E STRONG WEAKENING SLIGHTLY
12UTC 13.10.2013 21.7N 84.8E MODERATE WEAKENING RAPIDLY
00UTC 14.10.2013 23.6N 85.0E WEAK WEAKENING SLIGHTLY
12UTC 14.10.2013 23.9N 84.7E WEAK WEAKENING SLIGHTLY
00UTC 15.10.2013 23.9N 84.8E WEAK LITTLE CHANGE
12UTC 15.10.2013 BELOW TROPICAL STORM STRENGTH
BDI 1985 (DOWN 26)
BCI 3527 (DOWN 94)
BPI 2024 (DOWN 3)
BSI 1182 (UP 7)
BHSI 632 (UP 2)
Last published BDTI 591 (DOWN 4) BCTI 523 (DOWN 4)
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