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.
MOL Launches Rope Status Monitoring System
Japanese shipping major Mitsui O.S.K. Lines (MOL) announced that, in partnership with MOL Coastal Shipping, and MOL Information Systems, it will start a demonstration test of a mooring rope with a built-in sensor, along with a rope status monitoring system.The project focuses on the mooring ropes that connect vessels to piers and other port facilities, said a press release from the international shipping company based in Tokyo, Japan.In general, the tension on mooring ropes is hardly determined in accurate, except at certain ports equipped with tension monitors.
Great Lakes-St. Lawrence Shipping Sets 2019 Priorities
Chamber of Marine Commerce President Bruce Burrows has unveiled a 2019 wish list for legislative and policymakers designed to make Great Lakes-St. Lawrence and coastal shipping more competitive and build on the remarkable growth of the 2018 season.St. Lawrence Seaway cargo volumes increased almost 7 per cent in 2018, reaching 40.9 million metric tons for the first time since 2007.“Despite an unpredictable business environment of tariff wars and trade negotiations, many of our Canadian and U.S.
DNV GL, Washington State Partner for Sustainable Maritime Growth
Washington State partnered with DNV GL in late 2017 to develop the “Washington Maritime Blue” strategy for the sustainable development of the state’s $38 billion maritime industry. With that strategy now complete, the State unveils how it plans to achieve the vision of being home to a world-class, thriving, and sustainable maritime industry by 2050.At an event in Seattle, Washington State Governor Jay Inslee’s Maritime Innovation Advisory Council unveiled the results of their…
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.
India Endorses the Growth of Blue Economy
Indian Minister for Shipping Nitin Gadkari has said that Blue Economy is very crucial for India’s economic development. said India has a strategic location in the Indian Ocean region, and on this basis, it endorses the growth of the Blue Economy in a sustainable, inclusive and people centred manner through the framework of the Indian Ocean Rim Association (IORA).He said, India is developing its maritime infrastructure as well as its inland waterways and coastal shipping through…
British Ports Association to Push Coastal Shipping
The British Ports Association (BPA) will be holding a short targeted seminar on Thursday 29 November to discuss coastal shipping in the UK with ports and operators. In comparison with other transport modes, shipping is an efficient and environmentally sustainable option.Utilising the UK’s hundreds of ports in supporting more coastal shipping has the potential to improve connectivity between regions.Commenting on the importance of coastal shipping (moving freight within the UK by sea) and what will be discussed at the seminar…
Cepsa, GP Global to Produce Marine Lubricants in India
Cepsa and Global Energy Private Limited (GPGEPL), part of UAE-based global conglomerate GP Global, have announced an exclusive partnership to manufacture and market Cepsa branded marine and power generation lubricants in India.As per the agreement, GP Global will manufacture, package and even import Cepsa branded lubricant products in India.“India is a huge market for port modernization and coastal shipping development. Major initiatives have been taken in this direction by our government.
Japan: An LNG Bunkering Hub?
New study examines Japanese government strategy for creating infrastructure for environmentally-friendly ship fuel.A new report by the Intrernational Transport Forum at the OECD assesses Japan’s ambition to become an international bunkering hub for liquefied natural gas (LNG).The Japanese government is working to position the nation as a LNG bunkering hub as it expects the fuel's significance in shipping to grow.Japan is already the world’s largest importer of LNG by a large margin.
DP World Australia Extends Partnership with CMA CGM
DP World Australia announced the signing of a long-term partnership extension regarding service of CMA CGM Group vessels by DP World Australia at its terminals in Brisbane, Sydney, Melbourne and Fremantle. This partnership extension brings two market leaders of the Australian port logistics sector closer together. CMA CGM Group’s high-quality shipping services, which include ANL and APL, will leverage DP World Australia’s container terminal and intermodal footprint. DP World Australia’s CEO and Managing Director…
India to Augment Capacity Along Inland Waterways
The Government of India proposes to augment capacity to develop eco-friendly and economic mode of transportation along inland waterways and coastal shipping routes under the Sagarmala Programme. Sagarmala is the flagship programme of the Ministry of Shipping to promote port-led development in the country by harnessing India’s 7,500 km long coastline, 14,500 km of potentially navigable waterways. It aims to reduce the logistics costs by doubling the share of domestic waterways in the modal mix from current 6 per cent.
OSM Looks to Boost Mozambique Maritime Education
OSM Maritime Group says it is aiming to make the shipping industry accessible to all as part of its involvement in the UN Global Compact (UNGC) initiative. The ship management company,has signed a MOU to re-launch the Mozambican Higher School of Nautical Sciences. It is also actively working to increase the number of females in its global pool of 11,000 qualified seafarers. OSM is one of the first companies in the ship management segment to join the UNGC. The Norwegian-headquartered business has now submitted an initial report detailing its desire to set new industry standards…
Seaway Shipping Unveils 2018 Government Wish List
Chamber of Marine Commerce President Bruce Burrows today unveiled a 2018 wish list for legislative and policy makers to build on the economic momentum of Great Lakes-St. Lawrence and coastal shipping in Canada and the U.S. “2017 was a year of significant cargo increases fueled by global economic recovery and new business wins by our members. But the difficult season closing as ships struggled to move through ice after an Arctic-like cold snap reminded us that challenges can arise even in the good years,” said Mr. Burrows.
British Ports Association Sets Priorities for 2018
The Chief Executive of the British Ports Association (BPA), Richard Ballantyne, has outlined the Association’s key priorities for 2018. These include continued interaction and influencing on the Brexit discussions, promotion of planning and freight policy reform, calls for increased transport connectivity investment and the rectification of the ‘definition of a ship’ legal anomaly. Discussions with the various parts of Westminster and the Devolved Governments on Brexit will continue to be a major feature for the ports industry this year.
Indian Minister Flags Off RORO from Chennai To Mongla
Indian Minister of Shipping Nitin Gadkari today digitally flagged off a RoRo cum general cargo vessel M.V. IDM DOODLE carrying a consignment of 185 trucks from Chennai Port to Mongla port in Bangladesh. Shri Gadkari informed that these trucks, which are being exported by M/s.Ashok Leyland Ltd, were being sent to Bangladesh through the land route till now, travelling a distance of about 1500 km. Transport through the sea route will save about 15-20 days of travel time. For this trip alone that involves transport of 185 trucks…
St. Lawrence Seaway Cargo Volumes Buoyant
As marine shipping continues to support the growth of the Canadian and U.S. economies, St. Lawrence Seaway cargo shipments to-date for 2917 are 14 percent ahead of 2016 volumes. Total cargo tonnage from March 20 to September 30 reached 24.3 million metric tons – 3 million metric tons more compared to the same period in 2016, according to The St. Lawrence Seaway Management Corporation. “Our results point to the strength of the Canadian and U.S. economies. Export shipments of mined products such as iron ore and dry bulk via the Seaway have grown dramatically this year…
Prolonged Dip in Coal Imports Could Hurt Port Players: ICRA
The volume growth at major ports was low at 3 percent during the first five months of current fiscal, FY2018 as coal volumes recorded 12 percent decline during the period, even as iron ore volumes grew 29 percent. According to K. Ravichandran, Senior Vice-President and Group Head, Corporate Ratings, ICRA, “The continuing decline in coal volumes, at a more rapid rate, as compared to the previous periods, is a concern over the long term for the port sector since many ports and terminals have significant dependence on coal imports.
India to Push Shipping Sector
Under the Government of India’s Sagarmala Program to promote port-led development, a master plan has been formulated for the 12 Major Ports. 142 port capacity expansion projects with an estimated cost of INR 91,434 Crore (USD 14.3 billion) and capacity creation of 884 MMTPA have been identified in this master plan for implementation over the next 20 years. Out of these, 58 projects with project cost of approximately INR 28,767 Crore (USD 4.5 billion) have been approved. In 2015…
Indian Ports Buoy by Healthy Growth in Cargo
Indian port sector players will continue to experience healthy growth in cargo in the near term, PTI reported quoting rating agency Icra. Traction in Inland Waterway projects will open up several business opportunities for the port sector players. "Over the medium to long term, cargo growth is expected to gain further traction driven by domestic requirements of coal for power and other sectors, crude oil, for meeting domestic petroleum requirements and containers, given the cost and logistical advantages associated with containerisation." Icra said in a statement.
India Organizes Workshop on Coastal Shipping and Inland Navigation
The Ministry of Shipping in India is organizing a workshop titled ‘Promoting Coastal Shipping and Inland Navigation in India’ in Bhubaneswar, Odisha state today. This is the second in a series of workshops the Ministry plans to hold over the next 6-8 months to create awareness about the Sagarmala programme amongst the stake holders and to engage with them. India’s 7500 kms of coastline and almost 14,000 kms of navigable rivers provide the perfect platform for the development of integrated water based transport system for domestic and EXIM freight as well as passenger transport.
India's Sagarmala Program: 415 Projects, $120 Bln Investment
Under India's prestigious Sagarmala Programme, 415 projects, at an estimated investment of approximately INR 8 Lac Crore (USD 120 Bln) , have been identified across port modernization & new port development, port connectivity enhancement, port-linked industrialization and coastal community development for phase wise implementation over the period 2015 to 2035. As per the approved implementation plan of Sagarmala Programme, these projects are to be taken up by the relevant Central Ministries/Agencies and State Governments preferably through private or public-private partnership (PPP) mode.
India to Push Coastal Shipping
Coastal shipping provides benefit in the form of less environmental pollution due to lower per km consumption of fuel. However, unavailability of consolidated cargo, return cargo and general lack of awareness among shipper community make coastal shipping unviable. On the contrary, the high penetration level of road followed by rail coupled with the ability to effect door-to-door movement of cargo makes the field tougher for coastal shipping. In order to increase the share of coastal…
Status Report: Major Port and Merchant Shipping Legislation in India
With a view to promote the expansion of port infrastructure and facilitate trade and commerce, the proposed bill aims at decentralizing decision making and to infuse professionalism in governance of ports. The new Major Ports Authority Bill, 2016 would help to impart faster and transparent decision making benefiting the stakeholders and better project execution capability. The Bill is aimed at reorienting the governance model in central Ports to landlord port model in line with the successful global practice. This will also help in bringing transparency in operations of Major Ports.
Indian Shipping Industry Focus
India has one of the largest merchant shipping fleet and ranked 17th among the developing countries with average age of the fleet being 18.03 years. 95% of the country’s trade by volume (68% in terms of value) is moved by sea. India has a total of 1299 ships comprising of 11.24 MGT as on 31.10.2016. Out of the total tonnage, 900 vessels of about 1.52 million GT are engaged in Coastal trade and remaining 399 vessels are plying in overseas trade. Despite growth in tonnage, the percentage…
Sagarmala: Revolutionizing Logistics Through Port Led Development
Sagarmala, the ambitious program for ‘Port-led development’ in the country is all set to change the logistics sector performance by optimizing India’s logistics modal mix. The flagship program by the Ministry of Shipping will help in reducing the logistics cost for both domestic and EXIM cargo with optimized infrastructure investment. An overall cost savings of approximately $6 billion per annum by 2025 is estimated from the same. According to a study conducted under the Sagarmala programme…
India Plans First LNG Facility in Haldia
The Haldia Dock Complex under Kolkata Port Trust has recently earmarked about 10 acres of land in the vicinity of Haldia Oil Jetty No. 1 for a period of 30 years for setting up of LNG storage facilities, with permission to lay pipelines and install unloading arms through tender cum auction. The project will be undertaken on land lease model by granting lease of land by middle of December, 2016. LNG facilities are expected to be developed within 24 months from date of allotment of land.