Chembulk Tankers Announces Leadership Changes
Chembulk Tankers announced on Wednseday that Bart B. Kelleher has taken over as Chief Executive Officer for David Ellis, who has resigned for personal reasons. Ellis will be available to the company through January 31, 2020.Kelleher has held senior executive roles within Chembulk since joining the company in early 2016, initially as Chief Strategy Officer and then Chief Financial Officer in early 2019. Prior to joining Chembulk, Kelleher was the Chief Operating Officer for Principal Maritime Management and held roles in investment banking…
Brittany Ferries Consortium Buys Condor
Condor Ferries, an operator of passenger and freight ferry services between UK and France, has been sold to a consortium including the French shipping company Brittany Ferries.Brittany Ferries, in consortium with the Columbia Threadneedle European Sustainable Infrastructure Fund (ESIF), has reached an agreement to acquire 100 percent of Condor Ferries from Macquarie Infrastructure and Real Assets (MIRA).Contracts have been signed and the deal is expected to be executed following scrutiny by relevant regulatory authorities.
BAM Bags 2nd JV Contract in Canada
JGC-Fluor joint venture has awarded BJM the contract for the construction of the LNG Canada MOF, a material offloading facility to support the realization of a LNG export facility in Kitimat on the west coast of Canada, British Columbia (approximately 600 km north-west of Vancouver).BJM is a joint venture between BAM International (the operating company of Royal BAM Group active outside Europe), JJM Construction (Canada) and Manson Construction (USA).The project is part of the overall LNG Canada project.
B.C. Backs LNG Bunkering
The British Columbia Government has joined Vancouver Fraser Port Authority and FortisBC to establish the first ship-to-ship LNG marine refueling – or bunkering – facility on the west coast of North America.The use of LNG to power the world’s ocean-going vessels is forecast to expand and B.C. is well positioned to benefit from this growth.According to industry standards, replacing diesel fuel with LNG has the potential to reduce greenhouse gas (GHG) emissions by approximately 20%. Because FortisBC’s Tilbury facility runs on clean B.C.
CMHI Lays Keel for Ocean Victory
China Merchant Heavy Industries (CMHI) held in Haimen a keel-laying ceremony for the Miami-based SunStone Ship's third Infinity-class ship, Ocean Victory.European aesthetic and design, and Chinese ship-building efficiency combine to produce the intimate expedition ship Ocean Victory that deliver on refinement, along with cutting-edge design and operations, claimed a press release from the company.Representatives from the owner, the charterers - American Queen Steamboat Company…
Baltic Exchange Rolls-out Opex Index
The Baltic Exchange, the a membership organisation for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts, has launched a new assessment to track the cost of operating vessels.Initially covering a range of dry bulk vessels, the service will also be expanded to tankers and other sectors.The Baltic Operating Expense Index (BOI) will be published quarterly and based on assessments from three leading independent third-party ship management companies: Anglo-Eastern…
BREAKBULK SHIPPING: Breakbulk Breaks the Mold
In the cargo shipping world, there’s the bulk sector, the container segment, and then, there is “everything else.”When it comes to ‘everything else,’ breakbulk is the cargo that resides in between, comprising much of that remainder, including forest products (lumber, baled pulp) and steel. Breakbulk may, at times, share space on multipurpose vessels that also handle heavylift and project cargo, but can also be transported on vessels that handle drybulk. Prior to the advent of containerization, bales, barrels and pallets dominated.
PSA International Acquires Penn Terminals
Marking its first foray into the US, Singapore-based port operator PSA International has completed the acquisition of Penn Terminals located on the Delaware River in the U.S. from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets.Penn is a privately owned multipurpose marine terminal on the Eastern Coast of the USA. Penn’s terminal, warehousing and stevedoring services have enabled it to handle its clients’ cargo since 1986.“This acquisition represents PSA’s very first foray into the USA.
BC Ferries Endorses BC Safety Charter
British Columbia Ferry Services (BC Ferries) informed that its President & CEO Mark Collins is the latest executive to join the BC Safety Charter, a move that highlights the company’s commitment to improving and promoting workplace safety.The signing ceremony took place this morning at BC Ferries’ head office in Victoria, British Columbia, said a press release from the provides all major passenger and vehicle ferry services for coastal and island communities in the Canadian province of British Columbia.“Safety is our highest value.
Haisla Nation, Seaspan ink LNG Canada Tug Deal
HaiSea Marine, a joint venture partnership between the Haisla First Nation and Seaspan ULC, today announced the signing of a contract award with LNG Canada to design, build and operate escort tugs and harbor tugs required for LNG Canada’s LNG export facility in Kitimat, British Columbia.The value of the contract award is approximately $500 million over 12 years and will result in employment for approximately 70 mariners and six onshore staff, plus other roles for employees of the partner organizations.“HaiSea Marine is majority-owned by the Haisla…
Cruise Ships Dump 90% of Grey Water in BC
1.54 billion liters of grey water were generated by ships off the British Columbia coast in 2017 - the equivalent of more than 600 Olympic-size swimming pools, said a study.World Wildlife Fund Canada says cruise ships traveling between Washington state and Alaska are responsible for dumping "the vast majority" of the potentially toxic grey water that ends up off the B.C. coast each year.Cruise ships accounted for 1.37 billion (almost 90%) of the 1.54 billion liters of grey water generated off the B.C.
PSA International Buys Canada's Halterm
Singapore-based port operator PSA International has completed the acquisition of Halterm Container Terminal in the Port of Halifax, Canada, from Macquarie Infrastructure Partners."PSA International Pte Ltd concluded the purchase of the terminal from Macquarie Infrastructure Partners after formal approval by regulatory authorities, " said a PSA news release issued on Wednesday night.Halterm is the only container terminal in Eastern Canada that can serve mega container vessels.
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.
Kadow tapped to head AGCS Marine
Allianz Global Corporate & Specialty SE (AGCS) said that, effective July 1, 2019, Ulrich Kadow will be appointed as AGCS Global Head of Marine. Currently Chief Agent of AGCS Canada, Kadow will take over from current Global Head of Marine and Energy Simon Buxton, who is leaving Allianz. Until a successor in Canada is confirmed, Kadow will maintain a dual leadership role for both the country and Marine Line of Business responsibilities.Kadow has led AGCS’ Canadian business since May 2015, after originally joining AGCS in 2006.
Labor Spat at Vancouver Ends as Deal Reached
Longshore workers at Canada's biggest port, the Port of Vancouver, were locked out on Thursday in a labor dispute over technology changes, temporarily grinding most shipping there to a halt. The lockout ended in a deal on Thursday with their employer after a few hours, the workers' union said.A tentative agreement on a new contract was reached with the BC Maritime Employers Association, the International Longshore and Warehouse Union Canada said in a statement. Jim Thompson, a spokesman for the International Longshore and Warehouse Union Canada…
Tolley to Join Intelsat as EVP & CFO
Intelsat has announced the appointment of David M. Tolley as Executive Vice President and Chief Financial Officer, effective June 3, 2019.Tolley will report to Intelsat’s Chief Executive Officer, Stephen Spengler, and oversee Intelsat’s global finance organization. He will serve on Intelsat’s Management Committee and be based in the company’s U.S. administrative headquarters in McLean, Virginia.Tolley brings over 20 years of financial experience to Intelsat. He most recently served…
Bulk Shipping Comes Back to Oakland Port
Bulk shipping operations could soon return to the San Francisco Bay's Port of Oakland for the first time in 20 years. The Port said it’s negotiating with a Canadian building materials shipper to transport sand and gravel here.The Port’s governing Board yesterday authorized talks with Vancouver-based Eagle Rock Aggregates. The firm seeks a vessel berth along with 20 acres of adjacent land at the Port’s Outer Harbor Terminal.Eagle Rock would use the property as a base for distributing sand and gravel for Bay Area construction sites.
ShipMoney Crew Payment Solutions for Tsakos
Seafarers employed on Tsakos-owned vessels operated under its management arrangement with Columbia Shipmanagement will now be paid electronically as opposed to by ‘Cash-by-Master’, under an agreement signed with ShipMoney.The deal means crew members will have control and access to their wages while onboard ship, including the timing and currency of remittances sent home. It will reduce the need for large amounts of cash to be delivered to ships and eliminate the need for Tsakos to administer individual crew wire payments sent to home bank accounts.
ShipMoney Rolls Out Crew Payment Solutions
Seafarers employed on Tsakos-owned vessels operated under its management arrangement with Columbia Shipmanagement will now be paid electronically as opposed to by ‘Cash-by-Master’, under an agreement signed with global maritime payments provider ShipMoney.The deal means crewmembers will have complete control and access to their wages while onboard ship, including the timing and currency of remittances sent home. It will also dramatically reduce the need for large amounts of cash…
More Newbuilds for American Cruise Lines
U.S. coastal and river cruise operator American Cruise Lines continues to accelerate its newbuild program across its diverse fleet, adding new ships to its new Modern Riverboat Series as well as its fleet of new coastal ships and Victorian-style paddlewheelers. American, which introduced a new ship in 2017 and two new ships in 2018, will put its latest new vessel into service this summer, with two more newbuilds coming in both 2020 and 2021.In August 2019, American Harmony, the second of five ships in American’s Modern Riverboat Series…
CN to Invest $345mln in British Columbia
Canadian National Railway (CN) said it plans to invest approximately $345 million across British Columbia in 2019 to expand and strengthen the Company’s rail network throughout the province.“Following a record capital program in 2018, CN has been able to take on more traffic from different commodity sectors based on contracts with our customers. This year, CN is planning to invest even more than last year to continue boosting capacity and network resiliency and to meet growing traffic on our corridors across B.C.,” said Doug Ryhorchuk, Vice-President of CN’s Western Region.The B.C.
B.C. Ferries Going on Building Spree
Canadian ferry owner and operator British Columbia Ferry Services Inc (BC Ferries) will be building up to five new ferries to replace four existing vessels.The provider of all major passenger and vehicle ferry services for coastal and island communities in the Canadian province of British Columbia said in a press release that it invites customers and communities to join conversations about the new vessels and to provide input that will help shape their future onboard experience."The…
SEA\LNG Welcomes Vancouver Fraser Port
The Vancouver Fraser Port Authority has joined SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. Vancouver Fraser Port is the first North America port member to join the industry group.The Vancouver Fraser Port Authority is the federal agency of the Port of Vancouver, Canada’s largest port, and the fourth port member to join the coalition, alongside Port of Rotterdam, Yokohama-Kawasaki International Port Corporation (YKIP), and most recently the Maritime and Port Authority of Singapore (MPA).
Canadian Legislation Concerns ICS
The Canadian Senate is giving consideration to legislation that would have the effect of establishing a moratorium on the shipment of crude oil in the waters of Northern British Columbia (Bill C-48: An Act respecting the regulation of vessels that transport crude oil or persistent oil to or from ports or marine installations located along British Columbia’s north coast).“Such a dramatic step could lead to serious concerns being raised by Canada’s international trading partners” said ICS Deputy Secretary General, Simon Bennett.
Jensen Maritime Provides Design for Shaver's New Tugboat
Jensen Maritime, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company, has provided the detailed design for Shaver Transportation Company’s new, Z-drive tug – Samantha S. The multi-purpose tug was built at Diversified Marine Inc., in Portland, Ore., and is operating along the West Coast. The tug is ABS-classed and carries a FFV1 firefighting notation.The 112-foot by 44-foot tug has a 22-foot draft, was built for escort, ocean towing and ship assist, and has firefighting capabilities if needed. The tug features a raised pilot house and a squared forward end.
Fairview Terminal Reaches 1 Million TEU Milestone
The British Columbia’s Port of Prince Rupert and DP World have marked a historic milestone as Fairview Container Terminal handled its millionth container (TEU) for the first time in a calendar year.The 40-foot TEU was loaded with dimensional lumber in Prince George before being shipped to Prince Rupert by train and loaded onto the COSCO Africa container ship to be sent to market.“DP World is proud to have achieved the million TEU milestone,” said Maksim Mihic, General Manager DP World (Canada) Inc.