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Campbell Shipping Company yesterday signed a $30 million contract for a Japanese built vessel. The contract was signed with Imabari Shipbuilding Co. Ltd. of Japan.
The contract is for a 38,000 Ton Dry Bulk Carrier and delivery is expected in 2013. The new vessel will be registered on the Bahamian Ship Registry and will increase the Campbell fleet of ships to 16.
The ceremony took place at the Balmoral Club.
Present were executives of Imabari Shipbuilding Company, the Clipper Group, Galbraith's Ltd. and Campbell Shipping Company.
The Imabari Shipbuilding Group is the fourth largest shipbuilding company in the world.
Kiyoshi Higaki, managing director and a third generation owner of the shipyard, was present for the signing of the contract.
While the maritime industry accounts for 20 percent of the country's economy, it still lacks highly qualified and experienced local mariners, according to a leading shipping company.
The maritime sector is currently the third-largest economic contributor to The Bahamas.
Marketing Officer at Campbell Shipping Norman Lightbourne told Guardian Business that despite having 40 Bahamians working onboard its 15-ship fleet, there is still a shortage of qualified Bahamians in the industry.
Lightbourne noted that three of the workers have achieved high ranks. Two of them, Jamaal Johnson and Garnett Rolle, have become second officers, and another, Howard Bastian, has become a third engineer.
Salaries in the maritime industry can range anywhere from a cadet earning $1,000 to a chief officer earning over $7,000 per month.
"Cadets are paid to learn or undergo onboard training to become deck officers. They have to complete a cadet training manual to prepare them to assume 3rd officer duties after they would have passed the necessary examinations and received their officer of the watch license," according to Lightbourne.
This appeal for more Bahamian involvement in the industry comes after Campbell Shipping announced its involvement in the $20 million Bahamas Maritime Institute. The initiative hopes to strengthen the sector and create hundreds of jobs.
Chandler Sands, the managing director of Campbell Shipping, told Guardian Business in January that far more education is needed for Bahamians to excel in this area.
"What we plan on doing is bringing that training home in an affordable way," Lightbourne said. According to him it is a 36-month program that has to be completed before a cadet is eligible to do license exams.
After completing these exams and receiving an officer of the watch license, cadets can sail as third officers and earn approximately $4,000 per month.
"The third officer works closely with the chief officer onboard and is responsible for day-to-day maintenance of life saving and fire-fighting equipment onboard. As a third officer you also do two to four hour watches per day," he said.
Usually after serving about 12 months onboard, Lightbourne revealed that a third officer is in the position to be directly promoted to second officer, which earns over $4,000 monthly.
"The second officer is responsible for the safe navigation of the vessel. His duties include planning the safe voyages for the vessel to travel from port to ports all around the world, and ensuring all navigational charts and nautical publications are kept updated. The second officer is also responsible for maintaining the medicine/medical logs onboard and has to keep a good inventory of all medical supplies," he added.
The next step for the second officer is to become a chief officer after 36 months of sea time as a deck officer. Second officers can complete a three-month maritime management course and then sit an extensive examination for a chief mate/master license.
The chief officer rank is more of a managerial position, as opposed to second and third officers who work more on an operational level. The chief officer is responsible for the overall safety and security of the vessel," said Lightbourne.
"One of his main responsibilities is also to develop loading and discharging plans for the cargo to be loaded and discharged when the ship arrives in port, and to ensure the ship is loaded properly, efficiently and safely," Lightbourne added.
"He is the person that is responsible for all the deck "ratings" on board the vessel and issues different tasks on a daily basis for the upkeep and maintenance of the ship."
BRIDGETOWN, Barbados -- Plans are well underway for the Caribbean
Shipping Association's (CSA) 41st Annual General Meeting (AGM) next
month, October 10 -12 at the Hilton Barbados.
The CSA is
the voice of the region's shipping industry and a major regional forum
in which matters relevant to the growth and development of Caribbean
shipping are discussed.
Officials of the
Association, which is headquartered in Jamaica, were in Barbados
recently finalizing the plans for the event with local partners,
Barbados Port Inc. and the Shipping Association of Barbados (SAB).
Immediate Past President of CSA, Fernando Rivera said that he was
pleased with the headway that Barbados...
The Gladstone Freight Terminal (GFT) was officially launched yesterday, ushering in greater efficiency and a quicker turn around time for customers, according to Operations and Facility Manager Rudy Levarity. The new 100,000 square foot facility just off Fire Trail Road, west, has
The long-awaited transformation of historic Nassau moved a step closer to reality this week with a single newspaper ad: a job opening for a managing director for the Arawak Port Development Company.
By NEIL HARTNELL
Tribune Business Editor
The Bahamas shipping registry has "every good reason" to be growing at a rate of 8-10 per cent per annum, in line with the global shipping industry's expansion, a government minister said yesterday, adding that the Bahamas Maritime Authority (BMA) had "achieved all of our goals for last year".
Earl Deveaux, minister of the environment, who has responsibility for the Government's relations with the BMA and the Bahamian maritime industry in general, told Tribune Business that key reforms adopted over the past year were essential to ensuring the global shipping and yachting industries saw the Bahamas as "the best option" f ...
Freeport Grand Bahama Island - More than 200
of the region's most prominent shipping executives will converge on
Grand Bahama Island next month, for the 12th annual Caribbean Shipping
Association Conference. The event is slated for May 12th- 15th at the
Grand Lucayan Resort, and is expected to attract decision makers from
some of the biggest names in the industry, from Europe, North America,
Latin America and the Caribbean region.
year's event is hosted by the Caribbean Shipping Association (CSA) in
partnership with the Freeport Harbour Company (FHC) and The Grand Bahama
Port Authority, Limited (GBPA). According to the organizing sponsors,
its timing could not be...
Nassau, Bahamas - The long-awaited
transformation of historic Nassau
moved a step closer to reality this week with a single newspaper ad: a job
opening for a managing director for the Arawak Port Development Company.
search for a managing director for the new shipping facility means the
long-awaited move of container shipping out of downtown Nassau is becoming
reality," said Vaughn Roberts, managing director of the Downtown Nassau
Partnership, the interim public-private sector organisation charged with
steering the revitalization of the nation's busy capital. "Moving
container shipping off Bay Street
has the capacity to swiftly alter the landscape of historic Nassau...