MV Stolt Valor hijacked - 18 Indians on board

As a families of 18 Indians aboard hijacked vessel MV Stolt Valor wait with fingers crossed, the ships Mumbai based manning agent said the ship's master had sent email on Thursday informing that " the crew had been confined to the ship's wheelhouse but were being allowed to attend to their daily needs. But, only under the close supervision of the hijackers.

According to the family of the Dehradun-based master, P k Goyal he had also called his residence on Thursday.

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Castrol Competition takes centre stage at MERI

The country' only Competition extravaganza in the maritimes sector took centre stage at the Marine Engineering & Research Institute, Mumbai on September 16, 2008. Keenly contest by cadets from leading marine engineering institutes the contest was organised by the MERI, Mumbai in collaboration with M/s. Castrol India Ltd. Over the years the annual event has seen the competition gaining in popularity drawing in larger numbers of participants and spectators.

The chief guest and chief judge for the occasion Mr. M.V.Ramamurthy, president of Reliance Shipping lauded the participants who made excellent presentations of Technical Papers.

All the judges noted the high standard of the presentation and expressed happiness over the quality of the papers. The contest has seen a marked improvement over the previous years besides greater participation. However they insisted that the cadets should put in more efforts to keep improving the presentations further.

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Curbing Greenhouse gas emission from ships

India has no intention of agreeing with anything that is made mandatory by the Indian Maritime Organisation(IMO) with regard to curtailing carbon dioxide emissions. This was revealed by India's IMO representatives during an 'Awareness Seminar on Greenhouses Gas (GHG) emissions from ship's on September 06, 2008 at the Maritime Training Institute of the Shipping Cooperation of India, Mumbai.

The net effect of shipping as a result of emission is actually that it has a cooling effect on the earth since shipping emits sulphur dioxide, methane and other flue gases which help to reflect the sunlight back instead of allowing it to reach the earth, informed I.N. Bose, general manager of Great Eastern. Thus shipping is said to cool the earth.

Greenhouse gases are those that absorb infra-red radiation present in the atmosphere. The gases responsible for this are water vapour, carbon dioxide, nitrous oxide, halogenated fluorocarbons, ozone, perfluorinated carbons and hydrofluorocarbons.

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Meeting new standards in oil and Gas - IORS 2008

As the scramble for crude oil gets more spirited companies have begun leveraging a diverse set of capabilities involving people, processes and technologies that stretch beyond the frontiers of known sciences. The will to succeed has served as the driver for technological growth in this spectrum. The past few years have seen several attempts begin made to showcase the Indian Oil and Review Symposium, an annual event since the past 15 years that has done justice bringing to fore every aspect of this highly volatile sector.

The growing reputation of this event continues to draw ever large numbers of visitors and participants each year. However this, IORS 2008 held at the Hotel Taj lands End, Mumbai on Septembers 01 and 02, 2008 saw the biggest number yet with another 700 participants from 200 plus international companies spanning over 16 countries making the most of the event. nearly 100 stalls were set up in the Hotel and in the hotel's sprawling grounds.

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ONGC takes the eLearning route towards upgradation

Concerned by growing attrition rate and the need to be strategically well placed for maintaining its competitive edge, the Oil & Natural Gas Corporation India Ltd launched eAcademy to provide its employee with opportunities for self development and a range of oil & gas related e-learning products. Christened Gyandhara , it has been built and is being implemented and managed by 24X7 Learning .

Ms. Priti Mathur, Head-ONGC Academy , ONGC informed that the corporation spends Rs 30 crore on training alone. Gyandhara the new venture which earmarked Rs 2 crore initially will be able to reach its employee in the remotest places and they can undertake training and get re-trained from their own place of work at their own convenient place and time and within their own time frame.

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