Djibouti Opens New Port
Djibouti has formally opened one of four new ports designed to cement the tiny Horn of Africa nation's position as a continental hub, a statement from the ports authority said on Wednesday. Doraleh Multipurpose Port has been substantially upgraded as part of a Chinese-backed plan to establish Africa's largest free-trade zone that can handle $7 billion of goods a year. "The port of Djibouti is a gateway to one of the fastest growing regions of the world with 30,000 ships transiting the port each year," the statement said.
WSS Seeks Improved Position in Asian Offshore
Wilhelmsen Ships Service (WSS) announced that Frank Liang has been named Regional Offshore Manager Asia, tasked with building the company’s business with rig contractors. According to Sean Neilan, Sales & Marketing Director in Asia Pacific, Liang will play an important role in WSS's strategic initiative toward the offshore market. In his almost three-decade career working as an ITC specialist within the marine, offshore and energy industries, Liang brings a wealth of experience and a vast network to WSS operations in Asia.
DP World London Now Handles Far East Calls
MOL Triumph, the first of the world’s largest and newest vessels to call in the UK, arrives in Southampton on THE Alliance's FE2 service as new third deep-water berth opened at London Gateway in April, ahead of first regular Asia-Europe service starting. DP World's UK terminals will welcome the first services from the Far East following a global shake-up of the world’s shipping lines. Inaugural calls of Asia/Europe services by THE Alliance, a shipping consortium made up of Mitsui O.S.K Line…
Wall Named MD of RichLand-LSP
RichLand-LSP strengthens chemical logistics business unit with appointment of Graham Wall as Managing Director; Singapore-based logistics solutions provider looks to expand in South-East Asia region under new leadership. Leading chemical logistics solutions provider RichLand-LSP has appointed Graham Wall as Managing Director as it looks to expand its bulk liquid chemical transport operations throughout South-East Asia. Mr Wall brings 25 years of chemical logistics experience…
Geodis Wilson Appoints New Cluster MD
Geodis Wilson announced the appointment of Rene Bach-Larsen as Cluster Managing Director of Singapore and Southeast Asia. Looking forward to his new role of developing Geodis Wilson’s business in one of Asia’s most dynamic economical hubs, Rene said, “The Southeast Asia market—Singapore, Indonesia, Malaysia, Thailand and Vietnam—is certainly often overlooked as a growth area because of its modest size compared to the biggest players China and India. However, from a global perspective, it is actually a key area. It has weathered the global recession well and is experiencing rapid growth.
Hapag-Lloyd Celebrates 125 Years in Montreal
125 years ago, the steamship “Cremon” set sail from Europe to Canada for the first time under the Hapag flag. Hapag-Lloyd will be celebrating this anniversary in Montreal today with the shipping company’s customers and other partners. “As an important connection between Atlantic and Pacific, as well as between the United States, Asia and Europe, Canada has been and continues to be an important and special partner for us,” said Rolf Habben Jansen, the CEO of Hapag-Lloyd AG. At the end of the 19th century…
APM Terminals Zeebrugge Regains Asian Service
The weekly Ocean Alliance NEU4 service, operated by French-based CMA-CGM, will link the port of Zeebrugge with the Asian ports of Tianjin, Qingdao, Shanghai, Ningbo, and Yantian, China as well as Busan, Korea, beginning with the first call of the 13,380 TEU capacity APL Changi on May 16th. The NEU4 service is one of six Asia/North Europe services offered by the Ocean Alliance, which began operations on April 1st with CMA CGM, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line as members.
Global Shipbuilding to Turn Around in 2017: Castrol
Despite a marginal deterioration in the growth outlook for the global shipbuilding industry, annualized five-year growth rates for the sector are still forecast to reach a healthy 3 to 5%, before picking up substantially after 2017, says Castrol Marine Trade Barometer. The Barometer predicts that growth will be driven largely by the Asia-Pacific region, but also Latin America and the Middle East. All European nations but the Netherlands face a downward trend until 2017. Mandhir Singh, COO at Castrol, says, “The main growth in shipbuilding will come from AsiaPacific countries to 2019.
Greece Tops World's Worst Shipping Nation
NGO Shipbreaking Platform Annual Report 2016 listed Greece as number one in World's Worst Shipping Nation followed by China. It may be surprising for a country whose industry is proud of green technology and engineering solutions, but in 2016 Germany was responsible for the worst shipbreaking practices amongst all shipping nations when one compares the size of its fleet to the number of ships broken irresponsibly. German owners, banks and ship funds had a staggering 97 ships rammed up on the beaches of South Asia out of a total of 99 vessels sold for demolition.
CMA CGM Services to Asia and Mexico, Central America & WCSA
In a continued effort to provide our customers with reliable and efficient services from Asia to Latin America, CMA CGM wishes to inform about the improvement of ACSA services linking Asia to Mexico, Central America and West Coast South America. Port coverage will increase and will be improved with: Pusan EB call, Balboa EB and Coronel on ACSA 2. CMA CGM will keep providing the most efficient services to link Asia to West Coast Latin America and Caribbean: 4 unique direct services from Asia to Mexico…
American Welding Society Opens Asian Offices
The American Welding Society (AWS), a nonprofit organization dedicated to advancing the science of welding, has announced the opening of AWS Asia. Based in Hong Kong, China, with a second office in Beijing, AWS Asia will help serve AWS’s growing Asian market. In early May, AWS purchased the World Engineering Xchange International Limited (WEX Asia) office in Hong Kong. The office, located at Technology Park, Unit 2508, 25/F, 18 On Lai Street, Shatin, N.T., Hong Kong, will now serve as AWS Asia’s headquarters and Yoanne Lau will lead as Managing Director of AWS Asia.
THE Alliance Sets Out Service Plans
The members of THE Alliance announced the details of the plan for their product starting from April 2017. THE Alliance plans to deploy a fleet of more than 240 modern ships in the Asia /Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea. The start of THE Alliance as the most integrated liner shipping consortia is scheduled for April 2017 (subject to completion of all relevant regulatory requirements). “The product of THE…
G6 Alliance Modifies Asia-Europe
The G6 Alliance has strengthened its Asia-Europe service by adding additional ports. The G6 alliance, consisting of APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Orient Overseas Container Line, will be upgrading its Loop 7 service to include calls at Gothenburg and Antwerp. One of the G6 Alliance operators Hapag-Lloyd, said that in response to market demand, members of the Alliance announced the following Asia – Europe service enhancement to improve the connection between Asia and Scandinavia.
CMA CGM Reshuffles Asia–USEC Services
CMA CGM announces the reshuffling of its services on the Asia – US East Coast trade. A service operated by CMA CGM with 11 vessels of 5 500 teus. A service operated by China Shipping, Evergreen and UASC with 9 vessels of 4 000 teus. The Columbus Suez service operated by CMA CGM and Maersk Line with 16 vessels of 8 100 teus remains unchanged. “The strengthening of our Asia / USEC loops means 3 departures a week and a wider geographical coverage.
FSL Trust Appoints New CFO
The Board of FSL Trust Management Pte Ltd has announced the appointment of Philip Tan Eng Lay as the company’s Chief Financial Officer, effective July 1, 2014. Philip most recently served as Regional Head of Finance at AET Tankers Pte Ltd. Previously, he held various executive positions including Finance Director for Asia region at World Fuel Services, a Fortune 500 company. Prior to this, he served as Managing Director and Regional Financial Controller in Asia at Celanese Pte Ltd and as Director of Finance & Administration for Asia region for Kemet Electronics Asia Pacific (S) Pte Ltd.
Ferguson Names Groombridge APAC Manager
Ferguson, specialist provider of DNV certified containers, tanks, refrigeration, accommodation and workspace modules to the offshore energy industry, has appointed Sonnie Groombridge to the new role of APAC Business Unit Manager. Based in Perth Australia, Groombridge joined the business in 2011 as the Australian Operations Manager and was then appointed to the position of Australian Business Unit Manager in 2013. In his new role he will be responsible for the company’s activities in the Asia Pacific region, spanning East Asia, South Asia, Southeast Asia and Oceania.
Increased Transhipments Predicted
"The increased demand for point-to-point service requires the use of transshipment hubs to coordinate feeder services to and from countries and ports with low-volume throughput," said Mike Lee, Consultant, Transportation & Logistics, Asia Pacific at Frost & Sullivan. He added that there has been a universal shift from transporting bulk or loose goods to transportation by containers due to the benefits offered by containerization such as safety, cost, speed, and convenience. "This is expected to drive growth in the container ports market in the short to medium term…
Asia Key to Recovery of Containerized Trade
Asian economies are leading the recovery of international container trade volumes, but strong growth across the region could see pre-recession pressure on freight infrastructure re-emerge, a senior executive of container shipping line APL told a conference in Ho Chi Minh City on May 20. “Intra-Asia is already the world’s single largest container trade,” Jason Wong, Vice President of APL’s Intra Asia trade, told the 8th ASEAN Ports & Shipping Conference. By 2015, Intra Asia will contribute 32% of global containerised trade, with the Asia-U.S.
Asia Cruise Cooperation Launched
Five Asia cruise destinations – Hainan, Hong Kong, The Philippines, Taiwan and Xiamen–jointly announced the launch of Asia Cruise Cooperation (ACC), a committed and resourceful alliance with a strong commitment to maximize the growth of cruise tourism in Asia. Launched at a cocktail reception at Seatrade Cruise Global in Ft. Lauderdale, Florida, the members of ACC vowed to provide full support to cruise lines to develop Asian cruise products. Riding on the success of Asia Cruise Fund founded in 2014 and the participation of Xiamen since January…
ESRG Partners with Jason Marine Group
ESRG has partnered with Jason Marine Group to expand ESRG’s presence in Southeast Asia. Jason Marine, based in Singapore, will distribute the OstiaEdge platform throughout Southeast Asia. Jason Marine will also provide customer support, ship installation and maintenance services for vessels throughout Asia. We are very excited to be partnering with Jason Marine,” said Ken Krooner, President of ESRG, “Jason Marine brings tremendous experience, both to help expand the marketing…
Bleak Outlook for Asia-Europe Ocean Container Sector
Maersk Line cuts further capacity on the Asia-Europe trade on low demand, cuts AE5 service permanently & suspends the AE9 service. “We do not expect volume growth on the Asia-Europe trades this year so there is currently no need for the number of ships sailing”, says Vincent Clerc, Chief Trade & Marketing Officer for Maersk Line. “We expect a 3% slump on the Asia-Europe container trades for 2012 and are taking steps to adjust to this without reducing our market position”. “Further to the 9% capacity reductions we made earlier this year…
Ryder, Cargo Services Partnership
Ryder System, Inc. (NYSE: R) has signed a joint venture (JV) partnership with Cargo Services Far East Limited (CSFE), an Asia-based logistics solutions provider specializing in export consolidation services. The combined capabilities of the companies will create a comprehensive, end-to-end service offering, with full geographic coverage throughout Asia, for North American retailers and other companies importing from Asia. Operating as Ryder Supply Chain Solutions Asia, the solution will provide Vendor and Purchase Order Management…