APL England Detained After Dropping Containers off Australia
A Singapore-flagged containership that lost at least 40 containers overboard off the coast of Sydney has been detained by authorities in the Port of Brisbane after Australian inspectors found inadequate lashing arrangements for cargo and heavily corroded securing points for containers on deck.APL England had been en route from Ningbo, China to Melbourne on Sunday when it rerouted to Brisbane after a temporary propulsion loss left the 277-meter vessel rolling in heavy seas and caused several container stacks to topple over about 73 kilometers south east of Sydney.
Propeller Club Promotes Relationship with Congress
In his role as the new Executive Vice President of the International Propeller Club of the United States (IPCUS), John Cullather, is setting a course for the 50 American-based clubs, specifically, that involve streamlining and improving communication between ports and maritime policy issues and members of Congress.“Congress has played a vital role in U.S. ports since the founding of our nation,” says Cullather. “From the dredging of our harbors to the construction of lighthouses and the installation of aids-to-navigation…
Tuthill Named COO of SeaCube Container Leasing
Greg Tuthill has been named Chief Commercial Officer of SeaCube Container Leasing Ltd., one of the largest global container leasing companies in the world.Brought on board to drive strategic global growth, Tuthill will lead SeaCube’s global sales, marketing and trading teams. He is responsible for the development and implementation of evolving business strategies designed to further SeaCube’s vision of being the customer’s first choice for refrigerated intermodal equipment while also driving company growth.Most recently serving as Senior Vice President and Chief Operating Officer…
Montgomery Named CEO of Ports America
New Jersey-headquartered marine terminal operator and stevedore Ports America Group, Inc. has appointed Mark Montgomery as president and CEO. He replaces former president and CEO, Michael Hassing.Montgomery was previously president and CEO of Ports America Chesapeake (PAC) from 2010 to 2014, and currently serves as a senior advisor and operating partner to the Infrastructure Investing strategy of Oaktree Capital Management, L.P. (Oaktree), where he brings more than 30 years of…
Patriot: 20 Years in Ship Management
Patriot Contract Services, LLC (PCS) is celebrating the 20th anniversary of its operations as a completely U.S.-owned ship management company. During the past 20 years PCS and its affiliate American Ship Management, LLC have provided ship management and other maritime services to valued customers such as the Military Sealift Command (MSC), the U.S. Maritime Administration (MARAD), American President Lines (APL) and Schuyler Lines Navigation Company, while Patriot Maritime Compliance, LLC has provided expert regulatory guidance to both U.S. flag and international clients.
APL Renews Terminal Lease at Port of Kaohsiung
An agreement has been signed between American President Lines LLC, Taiwan Branch and Taiwan International Ports Corporation Ltd, to renew APL’s terminal lease at the Port of Kaohsiung, Taiwan. The signed deal retains APL’s current terminal plot in the Kaohsiung port for another 10 years from January 1, 2018 to December 31, 2027. Nicolas Sartini, APL Chief Executive Officer said, “Today, Intra-Asia container volume accounts for one-sixth of all containers moved globally. We see further growth prospects in this trade where APL is seeking to be a major player.
Better Times for Box Carriers Ahead?
In the choppy wake of the liner alliance reshuffle, industry consolidation and the (long awaited) boost from expanded Panama Canal traffic, a glimmer of hope appears. The situation for the liner carriers has clearly improved since the doldrums of 2016. Consultants Drewry were estimating that container carriers could book profits of $5 billion in 2017 – coming on the heels of half a decade of losses. In early 2017, improvements were seen in the market compared to the previous two years…
Cyber Attacks Threaten Shipping & Dominate Maritime News
The maritime industry must redouble its efforts to secure IT systems and data. In June, Maersk Line A/S’s information systems were severely disrupted by the so-called Petya virus. FMC provided Maersk with relief to help them get through the difficult situation. In Mid-July, a researcher penetrated a ship’s internet system through its very small aperture system (VSAT). The ship was operating in the South America trade. An internet security researcher identified as “x0rz” discovered that many shipboard VSAT systems can be penetrated through the public internet…
Management Appointments at Modern Terminals
Modern Terminals Limited (MTL), Hong Kong’s longest established container terminal operator, today announced the appointment of Mr. Keith Saunders as its new Managing Director – Hong Kong, effective from 1st February 2016. Mr. Saunders will lead Modern Terminals’ Brand Promises initiatives in Hong Kong, especially in the areas of operational excellence, innovation and infrastructure development. Mr. Saunders brings three decades of container terminal and operating systems experience to Modern Terminals. Prior to joining the company, Mr.
CMA CGM Vice-Chairman on NOL Takeover
CMA CGM vice-chairman Rodolphe Saade said that his company was the first ones to initiate the discussions with NOL and Temasek and it made sense to them, that is why they carried on with the discussions, according to a report in The Straits Times. France's CMA CGM proposed a $3.38 billion cash buyout of Temasek Holdings-controlled NOL. "Of course they were talking to others... I don't know about the offers of the others, but what I will say is that we are the third-largest container carrier in the world," he added.
Temasek to Sell Entire NOL Stake for $1.61 Billion
Singapore sovereign wealth fund Temasek Holdings has agreed to sell its entire 67 percent stake in Neptune Orient Lines (NOL) to France’s CMA CGM, the world’s third-largest container shipper. CMA CGM will pay S$1.30 a share in cash for the 2.6 billion shares in NOL, 6 per cent above the last closing price on the Singapore Exchange, and a 33 per cent premium to the three-month volume-weighted average price to July 16. Temasek has accepted the offer. Tan Chong Lee, Head of Portfolio…
CMA CGM Seeking Funds for NOL Takeover
France’s CMA CGM has approached banks to finance its potential takeover bid for Singapore’s Neptune Orient Lines Ltd (NOL), reports Bloomberg. The world’s No. 3 container shipping company is in talks with banks including BNP Paribas SA, HSBC Holdings Plc and JPMorgan Chase & Co. for loans to back an offer for NOL. CMA CGM is the third largest container company in the world and has 8.8 per cent of market share according to container analyst Alphaliner. NOL was started as Singapore’s national shipping line…
Top US Shipping Execs to Receive USS Awards
Anthony Chiarello, Matthew J. Cox and James C. The United Seamen's Service (USS) 2015 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Anthony Chiarello, President and CEO of TOTE; Matthew J. Cox, President/CEO of Matson Inc.; and James C. McKenna, President and CEO of Pacific Maritime Association. The maritime industry awards are to be presented at the 46th annual gala industry dinner and dance in New York on November 13, 2015. Recognition will also be given to American seafarers for specific acts of bravery and heroism while at sea.
Parson Brinckerhoff names new Dir. of Ports & Marine Western Div.
Robert Johansen has been named Director of the Ports & Marine Western Division at Parsons Brinckerhoff, a global engineering and design firm. Johansen will be responsible for business development and the management of design and construction projects for port and marine facilities in California, Oregon, Washington, Alaska, Hawaii, and Guam. He will be based in Parsons Brinckerhoff’s Oakland office. Johansen, who has over 50 years of port and marine terminal experience, has held similar positions with other international engineering companies as well as American President Lines…
New CEO for Rickmers Maritime
Singapore-listed Rickmers Maritime Trust (RTM) will have a new ceo at the helm in June this year. Its CEO Thomas Preben Hansen has resigned from his post. Soren Andersen, a shipping executive with 17 years of experience at AP Moller-Maersk Group and American President Lines, will take over the helm. Hansen has held the role of ceo at RTM since its listing on the Singapore Exchange in May 2007. Andersen is currently head of global network and alliance, following a 15 years at AP Moller – Maersk.
ISS Appoints Schollaert
Inchcape Shipping Services (ISS), the world's leading maritime, cargo and supply chain solutions provider has announced a key hire to its senior management team with the appointment of Steve Schollaert as Executive Vice President for North America region. Steve joins ISS with extensive experience at American President Lines (APL) where he held senior positions with responsibility both domestically and internationally in the areas of operations and commercial. In addition to APL…
ISS Names Schollaert as Executive VP
Steve Schollaert has been appointed as Executive Vice President for North America region at Inchcape Shipping Services (ISS), the company announced. Schollaert joins ISS with experience at American President Lines (APL) where he held senior positions with responsibility both domestically and internationally in the areas of operations and commercial. In addition to APL, he has worked with Kansas City Southern Railroad, responsible for sales and marketing and as a business consultant to private equity firms.
Craig Named President and CEO of MOL America
MOL Liner Ltd. has announced that Richard “Dick” Craig has been promoted to President and CEO of MOL (America) Inc. effective June 24, 2014. He has 34 years of experience in the container shipping industry including over 11 years with MOL. MOL Liner Ltd.’s President & Chief Executive Officer Toshiya Konishi said, “Dick was instrumental in bringing MOL (America) Inc. up to one of the most efficient and productive organizations within MOL Liner in the last 10-plus years. Craig, currently the executive vice president, sales and operations of MOL (America) Inc., joined MOL (America) Inc.
FMC Commissioner Approves Amended G6 Alliance Agreement
Commissioner William P. Doyle of the U.S. Federal Maritime Commission has voted in favor of the amended G6 Alliance Agreement. Commissioner Doyle highlighted the U.S.-Flag international trade, U.S. mariner jobs and environmental benefits. He also pointed out concerns on some language in the amendment on how the G6 Parties may handle discussions and agreements with tug operators. "I am in favor of not taking any further action to delay the implementation of the amended G6 Alliance Agreement that was filed with the Federal Maritime Commission (FMC or Commission) on December 2, 2013.
Doyle Votes for Additional Information from G6 Parties
Citing consumer interests, U.S.-flag international fleet, small businesses, suppliers and third parties such as terminals, vendors and bunker operators, Doyle submits additional questions to the G6 parties. Federal Maritime Commissioner William P. Doyle voted to approve a request for additional information from the filing parties to the G6 Alliance Agreement. Now approved by a vote of the Commission, this request has stopped the 45-day regulatory waiting period. A new 45-day period will begin after the parties have submitted responses to the request for additional information.
MOL America Announces Corporate Sales Changes
MOL (America) Inc. issued a release announcing several changes to its North American sales management, including the promotion of Richard Craig to the position of executive vice president, sales and operations. Additionally, Richard Jung, who currently assistant vice president of sales, central region, has been appointed to assume the duties of vice president of sales in replacing Dennis Sheehan, vice president of sales, who has decided to leave MOL (America) Inc. to pursue other opportunities.
Transpacific Trade Organizational Changes
MOL has announced the following organizational changes which will take effect in August 2013. These changes will further build the MOL organization as one that customers and employees can continue to count on. Calvin Duffaut, assistant vice president, yield management and corporate communications for MOL (America) Inc. has been promoted to vice president, yield management of MOL Liner and will relocate to Hong Kong. Duffaut joined MOL in 2007 after many years of management experience in trade management…
John McLaurin to Receive 2013 Connie Award
John McLaurin, President of the Pacific Merchant Shipping Association (PMSA), a West Coast maritime trade association representing ocean carriers and marine terminal operators on a variety of local, state and federal issues, has been selected to receive the 2013 Connie Award to be presented on the West Coast by the Containerization and Intermodal Institute. The industry-wide dinner event honoring Mr. McLaurin will be held on Thursday, September 26, at the Renaissance Hotel in Long Beach, Calif.
MOL Announces Launch of New China Service
MOL Liner Ltd. (MOL) has announced its new China – Middle East Express, departing Ningbo on 11th March 2013. MOL will offer an additional weekly service by joining the existing service operated by APL (American President Lines). The service will be operated by 6 vessels and MOL will provide one (1) Post Panamax ship (Mv. “MOL Tyne”). In addition to the present services, MOL will be able to enrich service coverage as well as frequency between China and Middle East. MOL is committed to meet the customer needs by providing high-quality services and variety of port coverage.
Guerzon Joins Global Diving & Salvage
Global Diving & Salvage, Inc. hired Stephanie Guerzon as the Senior Safety Specialist, based out of the corporate headquarters in Seattle. As part of the Health, Safety, and Environmental (HSE) Compliance Group, Mrs. Guerzon will assist project managers with safety planning for projects company-wide, manage, develop, and maintain training schedules to ensure consistency with internal and external regulations and policies. “Stephanie’s education and experience in environmental…
U.S. Transport Command Issues Multiple Awards
- Maersk Line, Ltd., Norfolk, Va., is being awarded a $2,100,000,000 indefinite-delivery/indefinite-quantity fixed-price contract for international ocean and intermodal distribution services. Work will be performed worldwide as specified on each individual order, and is expected to be completed Aug. 31, 2013. Contract funds will expire at the end of the current fiscal year. There were 22 proposals received. U.S. Transportation Command, Directorate of Acquisition, Scott Air Force Base, Ill., is the contracting activity (HTC711-12-D-W013).