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Arctic States signed agreement on cooperation in Maritime Search in the Arctic

It will strengthen cooperation between states in response to accidents On 12 May 2011, in Nuuk, Greenland, Foreign Ministers and leaders of the indigenous peoples of the Arctic Council met to set out future policy for the Arctic Council.Lene Espersen, Foreign Minister of Denmark and outgoing chair of the Arctic Council states- Denmark is very satisfied with the result of the ministerial meeting in Nuuk. The Search and Rescue Agreement is ground-breaking, as it is the first legally binding agreement negotiated under the auspices of the Arctic Council and an important step towards safe shipping in the Arctic.The Swedish Foreign Minister Carl Bildt, incoming chair of the Arctic Council states- Arctic Countries need enhanced cooperation on many future challenges in the Arctic, not least prevention, preparedness and response to oil spills. As incoming chair we will press forward with this agenda.The Arctic Councilreleased a major study on environment that shows that climate change is having a more profound impact on the Arctic environment than previously understood. Substantial cuts in CO2 emissions and other greenhouse gases are the backbone of global climate change efforts.Another Arctic Council study shows that soot (black carbon), ground level ozone and methane may account for up ...

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Torm will slice annual spending by $10m

By cutting its count of seafarers and reducing vessels flying its home flag Jacob Meldgaard tells TradeWinds the plan, which will kick in from 2012, comes on the back of a $50m saving each year since the onset of the financial crisis.Speaking after the Danish owner wheeled out a fisrt quarter loss Meldgaard said: We have seafarers from Indian, the Filipinos and various EU countries including Denmark. Up to 50 or 60 Danes will be substituted over time by predominantly Filipino and Indian crew.We have very good crews on all of our ships and we will do this over time in order to get the benefit on the cost.Torm, which today revealed it has delayed two newbuildings to make it "more resilient" in the present weak market, has around 75% of its fleet registered in Denmark.We will be looking to see if we can get it more in line with the other major shipping companies in Denmark where it is more 50/50 on average, Meldgaard said.Further costs will be stripped out by a review of how much Torm pays for various services and goods, the CEO adds.Copenhagen-listed Torm plunged $45m into the red in the first three months of the ...

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Danes offer alternative ro-ro energy calculation

New model for ro-ro sector energy efficiance A new model for ro-ro sector energy efficience is to be sent to the International Maritime Organization as a replacement to its current design and operational indexes.Hans Otto Kristensen of the Technical University of Denmark has created a methodology that could replace the flawed and inaccurate indexes, which the IMO is struggling to adapt for the sector.The IMO has devised three tools that it will present to member states for approval this year. These are the energy efficiency design index, the energy efficiency operational indicator and the ship energy efficiency management plan.Source: Safety4Sea

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