World's Largest Containership in Shanghai
MOL Triumph, the world's largest containership with a carrying capacity of 20,170 TEU, successfully arrived at Yangshan Port in Shanghai on April 10, 2017, said Mitsui O.S.K. Lines, Ltd. MOL took delivery of MOL Triumph, the first of six 20,000 TEU-class containerships from Samsung Heavy Industries on March 27, 2017. At 400 meters in length and 58.8 meters in width, MOL Triumph is longer than the Oriental Pearl Radio and TV Tower of Shanghai is tall. MOL established MOL (China) in Shanghai in 1995.
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.
OCEAN Alliance Launch Announced
CMA CGM, a leading worldwide shipping group, launches Saturday April 1st the 40 new maritime services of its new operational alliance OCEAN Alliance. Combining this new offer of maritime services with a global intermodal and logistics offer, CMA CGM Group and its subsidiaries supply its customers with tailored solutions, even more competitive on the routes Asia-Europe, Asia-Mediterranean, Asia-Red Sea, Asia–Middle East, Trans-Pacific, Asia-East Coast of North America trades and Transatlantic.
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.
MPA Trains Global Maritime Leaders
The MPA Academy – the training arm of the Maritime and Port Authority of Singapore (MPA) – in partnership with the Singapore Management University (SMU) and Human Capital Leadership Institute, has officially launched its 2nd Advanced Maritime Leaders’ Programme (AMLP). Taking place from 20 to 25 April 2017, the six-day programme will gather 19 senior maritime and port officials from all regions including, Africa, Asia, Caribbean, Europe, Latin America, Middle East and Oceania.
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.
Why Attend the Ferry Safety & Technology Conference?
The Worldwide Ferry Safety Association (WFSA) will host its upcoming Ferry Safety and Technology Conference May 11 and 12 in downtown New York. Besides the awards to winners of the Ferry Design Competition, there are many reasons to attend the conference. Below are a dozen. 1 - Learn about innovative new ferry systems in Africa, Asia and North America – ferry systems from which we can learn and that will need safety, communications, IT, training – equipment and services. 2- Listen to ferry operators from Bangkok, Manila and Abidjan as they speak about their challenges and successes.
DP World, Egypt on Expansion of Sokhna Port
DP World and Egypt's General Authority for Investment and Free Zones (GAFI) have is planning to increase the capacity of Egypt’s Sokhna port located south of Suez Canal, off the Red Sea coast, Egypt’s official State Information Service reported. DP World’s chief executive Sultan Ahmed bin Sulayem and GAFI CEO Mohamed Khodair have discussed the next phase of development in Ain Sokhna. The development will increase the capacity of Sokhna port, which sits south of the Suez Canal on the Red Sea on a maritime trade route from Asia to the Middle East and beyond.
Fleet Growth: Private Trends And Public Developments
According to Clarksons Research, the world fleet has experienced a sustained period of growth during the last decade, with owners based in the Asia/Pacific region responsible for the largest share of this expansion. However, since the start of 2014, European owners have regained market share. Whilst European fleet growth has traditionally been driven by private owners, recently it has been public companies growing at the fastest rate. Since the start of 2014, the European owned fleet has grown by 49.4m GT, accounting for 51.6% of global fleet growth.
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.