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Tuesday, September 17, 2019

Cement News

The Sahibganj multi-modal terminal on the River Ganges is now open for business. Indian Prime Minister Shri Narendra Modi inaugurated the new terminal yesterday (September 12, 2019). Also pictured are the Governor of Jharkhand State,Smt. Draupadi Murmu; the Union Minister for Tribal Affairs, Shri Arjun Munda; the Chief Minister of Jharkhand State, Shri Raghubar Das; and the Ministers of State for Agriculture and Farmers Welfare, Shri Parshottam Rupala and Shri Kailash Choudhary, plus other digni

India Opens Second Multi-Modal Terminal

The Government of India opened its second multi-modal terminal (MMT) yesterday, September 12, 2019. Located on the River Ganges at Sahibganj in Jharkhand State, the new terminal is now ready for business following the completion of a two-year construction project managed by the Inland Waterways Authority of India (IWAI). India’s Prime Minister Narendra Modi laid the foundation stone for the $40.32 million project in April 2017.Phase one of the terminal was inaugurated by Prime Minister Modi via a two-way digital communication system during an event held in Ranchi…

Image: Napier Port

Napier Port Lists on NZX

New Zealand's Napier Port successfully completed its $234 million initial public offer (IPO) with a listing ceremony at the Port’s Breakwater Road site in Napier.After ringing the bell to welcome in trading of the Port’s shares on New Zealand Exchange (NZX) under the ticker ‘NPH’ on August 20, Chairman Alasdair MacLeod said the success of the IPO would allow investment in the infrastructure necessary for the Port to extend its 150-year record of supporting economic growth in the region.“Today is the culmination of a 5-year journey that has seen the Port…

the Baton Rouge-NOLA container on barge service / CREDIT: Port of New Orleans

SHORTSEA SHIPPING: All the Right Moves (Finally)

Marine Highways Gain Traction in the Intermodal Supply Chain.In the United States, landside infrastructure is at a crisis point. Congestion at the big hub ports, exacerbated by imperfect intermodal interfaces with surface transport serving cargo hinterlands is at the heart of the matter. As politicians bicker over a possible infrastructure package, the Highway Trust Fund, funded by taxes on gasoline and diesel fuel, has continued its downward journey towards further deficits (now $144 billion). And, where countless U.S.

Jae-hoon Bae, President & CEO of HMM. Photo: HMM

HMM to Enhance Global On-site Management

The new head of South Korean flag carrier Hyundai Merchant Marine (HMM) Jae-hoon Bae is on a charm-offensive trip to Europe to cement the shipping line's relations with global majors.HMM said Bae, who became HMM's president and chief executive last month, will meet this week with executives at A.P. Moller-Maersk A/S and Mediterranean Shipping Co.First of all, Bae plans to visit the European headquarter of HMM, located in London, to encourage its employees and make sales strategies based on the character of each region after gathering the various opinions from the site.Furthermore…

Photo courtesy of Port Manatee

Port Manatee Shatters H1 Cargo Records

Port Manatee has enjoyed the busiest first fiscal half in its nearly 50-year history, shattering several key cargo records for the six-month period ended March 31.The Central-Southwest Florida Gulf Coast port has achieved new first-half highs for total tonnage throughput and containerized and bulk cargo activity, according to figures released on Thursday, April 18, at the regular monthly meeting of the Manatee County Port Authority.Record accomplishments of Port Manatee in its first fiscal half…

Photo: Bahri

Bahri Expands Footprint in Asia-Pac

The National Shipping Company of Saudi Arabia (Bahri) has announced the expansion of its market presence in the Asia-Pacific (APAC) region’s maritime industry.The stronger presence will help the company gain deeper insights into market trends as well as customer needs in chemicals and logistics sectors in Singapore and the wider APAC region, said a press release from the logistics and transportation company.The expansion will also enable Bahri Logistics and Bahri Chemicals, two of five business units of the company…

Pic: International Chamber of Shipping (ICS)

Key Shipping Bodies Strengthen Ties

The International Chamber of Shipping (ICS), the Asian Shipowners’ Association (ASA) and the European Community Shipowners’ Associations (ECSA) signed a joint memorandum of understanding in Singapore.The new MOU codifies the extensive level of co-operation that already exists between these important international trade associations and provides a framework for their closer co-operation, said a press release. The three associations collectively represent over 90 percent of the world merchant fleet.

File Image: AdobeStock / © Eremeychuk

India's Thermal Coal Imports Could Rise 10 pct in 2019

India's thermal coal imports could rise by about 10 percent in 2019 due to rail transport problems and other logistical bottlenecks, an executive at the country's largest coal trader Adani Enterprises said on Tuesday.Thermal coal imports rose in 2018 after two years of decline, despite moves by Prime Minister Narendra Modi’s government to cut the country's imports in a bid to reduce the trade deficit.Rajendra Singh, chief operating officer for coal trading at Adani Enterprises…

Photo: Ceva Logistics

CMA CGM Aims for Ceva Logistics Breakeven in 2019

CMA CGM is aiming for Ceva Logistics to break even this year, its finance chief said on Tuesday, as the French shipping group opened a share offer to cement its control of the Swiss freight specialist.CMA CGM's public tender will offer other shareholders 30 Swiss francs ($29.75) per share, valuing Ceva at 1.67 billion francs, a price agreed after Ceva rejected a takeover bid in October from Danish freight firm DSV.Marseille-based CMA CGM, one of the world's largest container shipping lines, became Ceva's core shareholder when the Swiss company floated on the Zurich stock market last year, as p

File Image (CREDIT: CMA CGM)

CMA CGM in Effort to Buy rest of CEVA Logistics Shares

CMA CGM launches 30 Sfr/shr tender offer for CEVA shares; CEVA recommends shareholders decline the offer.ZURICH, Jan 28 (Reuters) - French shipping company CMA CGM on Monday formally launched a cash offer to buy out other shareholders of Ceva Logistics, valuing the Swiss freight forwarder at $1.67 billion as the companies pursue closer ties aimed at fueling growth and savings.CMA CGM, which already controls 50.6 percent of CEVA, and the Swiss company last year began developing a business plan to boost commercial cooperation and complementary services.At the time…

Pic: Dept of Transport, UK

UK Launches Maritime 2050 Strategy

Britain’s marine industry launched of Maritime 2050, the UK Government’s first ever long-term strategy to support and grow the sector.Described as both visionary and aspirational, Maritime 2050 highlights the Government’s recognition of the importance of maritime – worth over GBP40bn to the UK economy, more than aerospace or car manufacturing – and focuses on the desire to cement the UK’s place as the world's leading maritime nation into the second half of the 21st century.Maritime 2050 is published at a time when the UK faces intense competition from maritime nations in the Far East…

Photo credit: Interlake Steamship

"Lakers" up 17.5% in December 2018

U.S.-flag Great Lakes freighters carried 8.5 million tons of cargo in December, an increase of 17.5 percent compared to a year ago. Driving the surge was a 16-percent increase in iron ore cargos. Limestone and coal cargos also registered increases, 31 and 19.5 percent, respectively.For the year, U.S.-flag lakers carried 83.7 million tons of cargo, a decrease of 2.3 percent compared to 2017. Iron ore cargos totaled 45.8 million tons, a decrease of 0.4 percent. That the iron ore total essentially pulled even with 2017 is noteworthy…

Seaway Activity Exceeds 40 Million Tonnes in 2018

The St. Lawrence Seaway Management Corporation (SLSMC) has announced that tonnage on the waterway during the 2018 navigation season totaled 40.9 million tonnes. The highest result since 2007, much of the credit for the increase in tonnage can be given to healthy movements of grain, the best on record since the turn of the century. Marketing efforts under the “Highway H2O” initiative served as a catalyst to spur increased movements of a broad range of cargoes including grain, road salt…

Piyush Goyal, Union Minister for Railways and Nitin Gadkari, Union Minister for Shipping. Photo: PIB, Govt of India.

Concor Begins Maiden Coastal Voyage

India has huge potential for enhancing modal share of coastal shipping and inland water navigation. The current share is only 7% unlike countries like China with 24%  and Germany 11%. India looks to tap this segment in a big way.The maiden coastal voyage of a vessel of Container Corporation of India (Concor) was flagged off by Nitin Gadkari, Union Minister for Shipping and  Piyush Goyal, Union Minister for Railways.CONCOR is a public sector unit (PSU) under Ministry of railways. The vessel SSL Mumbai is sailing from Kandla Port to Tuticorin via Mangalore and Cochin.

File Image (AdobeStock / © Taras)

Coast Guard Proposes Annual Great Lakes Pilotage Increase

“When somebody says it’s not about the money, it’s about the money.” – H.L. Mencken, American journalist and essayist, 1880-1956.This report is about Great Lakes pilotage rates. It’s all about the money. In fact, it’s hard to find someone who even suggests that it’s not about the money.For fifty or so Great Lakes pilots, it’s about cold hard cash: now. For others, say, vessel owners, it’s about wasted resources, about lost chances for a more efficient and sustainable system; “opportunity costs,” as economists like to say.

Pic: Ocean Network Express

PSA, ONE Launch Container Terminal in Singapore

The global transport company Ocean Network Express (ONE) and PSA Singapore (PSA),the flagship terminal of the global port group PSA International, will join hands to form a joint venture  company  based at Pasir  Panjang Terminal in Singapore.Subject to regulatory approvals, the joint venture terminal is scheduled to commence operations in the first half of 2019 and operate four mega container berths with a combined annual handling  capacity of 4 million TEUs, said a press release from the global container shipping company headquartered in Singapore.Pasir Panjang Terminal…

Photo: Chamber of Marine Commerce

St. Lawrence Seaway Traffic: A Busy October

St. Lawrence Seaway shipping had its second busiest month of the season in October, fueled by increases in shipments of grain, salt and construction materials.Overall cargo shipments via the St. Lawrence Seaway (from March 29 to October 31) totaled 30.5 million metric tons, up four per cent over the same period in 2017.The increase in construction materials, like cement and clinker shipments which are up 20 per cent, can partly be attributed to cement moving into terminals in Ste.

McInnis Cement plants a maple tree with officials and members of community organizations to celebrate the opening of the company’s new terminal. From left to right: Ramon Cabral, Deputy District Director; Nick Madio, Bronx Community Board 2; Maria Torres, President & COO, The Point; Laurent Beaudoin, Chairman, McInnis Cement; Jean Moreau, President and CEO, McInnis Cement; Rafael Salamanca, Councilman & Chair of the Land Use Committee; Ralph Acevedo, District Manager, Bronx Community Board 2; an

New Cement Terminal Opens in the Bronx

McInnis Cement’s new terminal in the Bronx, N.Y. is the first new industrial maritime project built on the South Bronx waterfront in more than half a century.The newly constructed 100,000-square-foot, 24/7 operational terminal has been built for storing and distributing cement in New York City and beyond. With large ocean vessels sailing from the company’s plant in Port-Daniel—Gascons, Canada to the Bronx, the warehouse on site can store up to 44,000 metric tons of cement, which is the equivalent of 1,500 truckloads.

The EMAC delegation with His Excellency Saqr Nasser Al Raisi, UAE Ambassador to Italy during the IBA Conference in Rome (Photo: EMAC)

EMAC Attends the IBA Annual Conference in Rome

As the Emirates Maritime Center (EMAC) is establishing roots within the maritime industry as a pivotal service provider for specialized arbitration and mediation within the Middle East region, the institute continues its obligation to ensure that legal professionals worldwide are aware of the Center’s services, vision and mission.As gold sponsors at this year’s IBA conference in Rome, EMAC’s objective is to showcase how the Center has applied lessons learnt from other like associations…

NACC Alicudi. Image courtesy Van Aalst.

Cement Carrier Sports Innovative, 'Green' Cargo System

NACC Alicudi is reported to be the world’s first cement carrier equipped with IMO Tier III compliant diesel engines driving the bulk handling system. Converted in 2017 with a Van Aalst dry bulk handling system, the vessel became a unique and state-of-the-art 120m self-discharging cement carrier, with a cement handling system is based on compressors and vacuum pumps, driven by Tier III Scania engines. Together they form the heart of the unique vacuum-pressure system for pneumatic conveyance of cement…

Photo: Duluth Seaway Port Authority

Port of Duluth-Superior Generates $1.4 bln and 8,000 Jobs

The Port of Duluth-Superior generated $1.4 billion in economic activity and supported 7,881 jobs last year. Handling 35 million short tons of cargo generated over $504 million in total wages, salaries and purchases of goods and services in the regional economy. Cargo movement and vessel activity at the port also generated a total of nearly $240 million in federal/state tax revenues.The full report for the Port of Duluth-Superior, released by the Duluth Seaway Port Authority, spotlights…

Olmsted Locks in action (CREDIT USACE)

Olmsted Online

In 1921, Thomas Edison told Forbes magazine, “I have not failed. I’ve just found 10,000 ways that won’t work.” He could have been talking about Olmsted. That’s because, after more than 30 years of frustratingly slow progress, cost overruns and more than a few mistakes, Olmsted is finally poised for success. That’s something to celebrate.It is official: The U.S. Army Corp of Engineers (USACE) wants Olmsted operational by October. And, not a moment too soon. After more than 30 years, the ribbon cutting to officially open the Olmsted Locks and Dam will take place on August 29.

Two Royal Fleet Auxiliary vessels docked at the Outer Coaling Pier and the Deep Water Berth, with Queen’s Pier in the background.

Intermarine UK Investment Boosts Portland Port Activities

UK-based Portland Port leverages new fabrication and welding facility to win a bigger share of ship repair, refit, conversion and shipbuilding markets.Polish-owned maritime engineering company Intermarine UK has unveiled major growth plans after investing a six-figure sum in a new 2,400 square meter (26,000 sq ft) fabrication and welding facility at Portland Port in Dorset, UK. The move will create up to 60 new jobs in the area over the next two years. Along the way, the company has signed a 20-year lease and moved its UK head office from Bridgend to Portland Port…

CNCo Vancouver opening ceremony. From left: Graham Clarke, Founding Chairman, VIMC;  Bruce Ralston, Minister of Jobs, Trade & Technology, British Columbia; Chris Daniells, Commercial Director, CNCo; Bernard Huizenga, General Manager, Corporate Business Development, CNCo Americas. Photo: CNCo

China Navigation Company Opens Vancouver Branch

China Navigation Company (CNCo), part of the Swire Group, has expanded its presence in North America by establishing a branch office in Vancouver, Canada.The opening ceremony was graced by Bruce Ralston, Minister of Jobs, Trade & Technology, British Columbia, who unveiled a plaque in the CNCo office located at W Hastings Street.Minister Bruce Ralston said, “The Province recognises the significant contribution that The China Navigation Company makes to the shipping industry worldwide.

The GTT USA Terminal at Port Canaveral. FL

From Desert to Delaware

Gulftainer strives for top six in terminals.Sharjah is a glimmering city-state carved from the desert, the third largest emirate in the United Arab Emirates and the only one to have land on both the Persian Gulf and the Gulf of Oman. And soon, within weeks, a company based in Sharjah could control one of the most strategically located marine ports in the United States. Gulftainer through its subsidiary GT USA, Wilmington has inked a deal with the State of Delaware, USA, which would grant GT USA…

Photo: Port of Indiana

CGB Expands Soybean Processing Plant

The Consolidated Grain and Barge Co. (CGB)  announced the completion of its $32 million expansion at its soybean processing facility at the Port of Indiana-Mount Vernon.CGB President and CEO Kevin Adams and CGB Senior Vice President Steve O'Nan joined Port of Indiana-Mount Vernon Port Director Phil Wilzbacher to welcome the expansion that will increase servicing opportunities for Indiana's soybean farmers and increase product supply for agribusiness customers.CGB originates and markets grain and oilseeds for domestic and international markets.