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Monday, May 20, 2019

E Commerce News

Propeller Club Names Cullather as EVP

The Board of Directors of the International Propeller Club of the United States has selected Mr. John M. Cullather as its new Executive Vice President.In the role of Executive Vice President, he will be responsible for the day-to-day operations of the International Propeller Club, will oversee all activities and functions of the International Propeller Club of the United States, and will serve as the primary liaison to the Club’s 70 port chapters worldwide. Along with the Board of Directors…

The El Coqui, a U.S. flag ConRo carrier, recently built specifically for the Jones Act Caribbean trades and powered by environmentally friendly LNG. CREDIT: Crowley Maritime

Trump to Meet with GOP Senators on Jones Act

President Donald Trump is set to meet with Republican senators on Wednesday over a proposal to waive rules that only U.S.-flagged ships can move natural gas from American ports to Puerto Rico and the U.S. Northeast.The nearly 100-year-old Jones Act mandates the use of U.S.-flagged vessels to transport merchandise between U.S. coasts. Bloomberg News reported last week the administration was seriously considering waiving the requirements for some energy shipments and that Trump…

CPA Opens New Round of SHIPP Grants

The Connecticut Port Authority (CPA) issued a Request for Applications (RFA) for project funding under the Small Harbor Improvement Projects Program (SHIPP), a competitive grant program managed by the CPA. Under SHIPP, Connecticut municipalities and other properties, in or adjacent to waters of the state, may apply for matching funds to conduct a project that improves the infrastructure or management of their local waterway.The actual selection of grant recipients will take place…

VT Halter in Pascagoula, MS, won a $746m contract to build the U.S. Coast Guard's lead Polar Security Cutter. Photo: VT Halter.

VT Halter Wins Historic $746m CG Contract

VT Halter Marine of Pascagoula, MS has emerged the victor in one of the most prized and coveted shipbuilding contracts in recent memory, a $746m deal to build the Coast Guard's lead Polar Security Cutter. If two additional ship options are exercised, the total deal could approach $2B.The U.S. Coast Guard and U.S. Navy, through an Integrated Program Office (IPO), awarded VT Halter Marine Inc., of Pascagoula, Mississippi, a fixed price incentive (firm) contract for the Detail Design and Construction (DD&C) of the Coast Guard’s lead Polar Security Cutter (PSC).

Pic:  DNV GL

Singapore Remains Top Maritime Capital

Singapore has been ranked the world's top maritime capital for the fourth consecutive time in the Leading Maritime Capitals of the World (LMC) report. The Leading Maritime Capitals report for 2019 is with fresh insight on which maritime metropolises provide the best support for companies in shipping and related services.Criteria include soft and hard infrastructure and access to world-class talent and services – all key components that maritime businesses need to thrive in their chosen locations.Singapore maintained its top position at the head of the 15 leading maritime capitals.

Image: Maersk

Maersk Mulls Trade Financing Growth in India

Shipping major AP Moller-Maersk Group's export-import (exim)-focused trade finance arm Maersk Trade Finance is targeting a 33 percent loan disbursal growth at $200 million in 2019 in India.The trade financing solution arm of Danish business conglomerate said that it disbursed a total of USD 0.7 billion globally till date since its inception in 2015, with over 150 million in India in the year 2018, a 53% Y-o-Y increase as compared to 2017.Vipul Sardana, Global Head of Maersk Trade Finance said “Indian SME sector continues to play a significant role in India's economic development.

L to R -  Matt Heider, Chief Executive Officer of Nautilus, and Greg Trauthwein, Editor of Marinelink (Photo: Marinelink)

Nautilus Secures $11M in 'AI' Funding

Nautilus, the company building artificial intelligence for the maritime shipping industry, has announced $11M in Series A funding led by M12, Microsoft’s venture fund, along with Root Ventures. Existing and new investors including Quiet Capital, Trail Mix, and Amplifier Lab participated in the round, which brings Nautilus’ total funding raised to $14.5M.Nautilus was founded in 2016 to advance the efficiency of maritime shipping and build a more sustainable future for ocean commerce. Responsible for 90% of the world’s trade, ocean shipping consumes more than $100 billion in fuel every year.

Trump: U.S-China Trade Pact Possible in 4 Weeks

U.S. President Donald Trump said on Thursday the United States and China were close to a trade deal that could be announced within four weeks, while warning Beijing that it would be difficult to allow trade to continue without a pact.The two countries are engaged in intense negotiations to end a months-long trade war that has rattled global markets, but hopes of a resolution soared after both sides expressed optimism following talks in Beijing last week.Speaking to reporters at the White House at the start of a meeting with Chinese Vice Premier Liu He…

Photo:Cosco Shipping Ports

Cosco Intros Guangzhou Supply Chain Platform

The global ports operator Cosco Shipping Ports signed investment agreement of Cosco Shipping Ports Supply Chain Project with Guangzhou Nansha Economic and Technology Development Zone Commercial Bureau.The Cosco Group company said that it plans to develop phase I of terminal extended business in the land near Nansha Stevedoring Corporation Limited of Port of Guangzhou and Guangzhou South China Oceangate Container Terminal Company Limited, in order to develop port supply chain platform…

Image: Orient Overseas (International) Limited

OOIL, JD, Cosco JV for Logistics

Gold Talent, Cosco Shipping Logistics and JD Logistics  entered into a cooperation agreement to jointly invest in online logistics platform EShipping through a joint venture (JV) formation.Gold Talent is a wholly-owned subsidiary of Hong Kong-based logistics major Orient Overseas (International) Limited (OOIL). Cosco Shipping Logistics is an affiliate of Chinese state-owned Shipping and logistics services supplier company China Cosco Shipping Corporation Limited. JD Logistics…

File Image: CREDIT AdobeStock /  © Nightman1965

China: U.S. Trade Officials to visit Beijing

China's commerce ministry said on Thursday that a U.S. trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit Beijing on March 28-29 for another round of negotiations.Chinese Vice Premier Liu He will travel to the U.S. in early April for more talks, Gao Feng, the commerce ministry spokesman told reporters in a regular briefing.Reporting by Yawen Chen

Pic: CN

CN Invests $245mln in Expansion

Canadian National Railway (CN) said it plans to invest more than $245 million in Saskatchewan in 2019 to expand and strengthen the company’s rail network across the province.“Following a record capital program in 2018, CN brought on 25% more qualified train conductors in Western Canada and added over 10% more active high horse power locomotives to its network. This year, CN is investing $35M more than last year to bring greater capacity to CN’s mainline to benefit all commodities…

Tom Allegretti, President & CEO

AWO Testifies Before Congress

Today, the American Waterways Operators testified before two congressional committees on the state of the American maritime industry.Tom Allegretti, President & CEO, testified before the Senate Commerce, Science and Transportation Committee while across the Capitol, Jennifer Carpenter, Executive Vice President & COO, appeared before the House Transportation and Infrastructure Subcommittee on Coast Guard and Maritime Transportation. In written testimonies submitted to the Committee and Subcommittee, both Mr. Allegretti and Mrs.

Securing, Enhancing America’s Ports & Supply Chain

The American Association of Port Authorities and its membership recently looked ahead at the challenges and opportunities facing the Port Security Grant Program.In its annual “State of Freight” series, AAPA has highlighted the transportation infrastructure needs of U.S. ports, state transportation agencies and multimodal projects. In this final report in the State of Freight series, AAPA turns to the vital role that security infrastructure plays in moving goods.In 2002, Congress…

Inland Port Development: Take the train

The intermodal equation for any deep draft port is incomplete without its inland component.It’s definitely a work in progress.There are inland ports in the truest sense: major lakefront and riverfront cities such as Chicago and St. Louis, including even Duluth and Tulsa, with vast distribution areas, wildly varying cargo, roads, trains and waterways to serve them.And, then, there are inland ports, dry ports that have vast distribution areas, containerized cargo delivered from true oceanfront ports…

Pic: ZIM

Israeli Shipping Giant Invests in Tech Firm

Israeli container line ZIM Integrated Shipping Services (Zim) has announced an investment in technology start-up Ladingo, a solution provider connecting ocean freight to global e-commerce.According to a press release, ZIM’s decision to invest in the company is a strategic move, as Ladingo is tipped to lead a “global consumer revolution” by enabling the personal importation of large items to online shoppers.Ladingo's technological platform offers a transparent digital integration of the entire process…

Kristen DeMarco, JAXPORT Chief Commercial Officer

INSIGHTS: Kristen DeMarco, JAXPORT Chief Commercial Officer

Kristen DeMarco is JAXPORT’s Chief Commercial Officer. She is responsible for leading JAXPORT’s international cargo sales and marketing initiatives as well as tracking trends and issues related to maximizing the port’s business potential. DeMarco has nearly two decades of business development experience in the logistics industry, with a track record of successfully negotiating multi-million dollar deals and building relationships with decision-makers from some of the world’s largest companies.

The ship, crew, terminal team and Crowley.

Crowley Christens LNG-Powered M/V Taíno

Event heralds new era of world-class supply chain service. Crowley Maritime Corp. christened the U.S.-flag combination container/roll on-roll off (ConRo) ship MV Taíno today in San Juan, where the company’s investments have ushered in a new era of world-class supply chain services in the U.S. mainland-Puerto Rico trade. Clara Crowley, daughter of Chairman and CEO Tom Crowley and board member Christine Crowley, served as the ship’s sponsor and broke the ceremonial bottle of champagne on the bow of MV Taíno at the company’s Isla Grande Terminal before several hundred employees…

© windy Li/AdobeStock

Mnuchin: China Talks "So far, so good"

U.S. Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world's two largest economies try to iron out an agreement to resolve their trade dispute."So far, so good," he said when asked by reporters on how the meetings in Beijing went. He did not say who he met.Mnuchin said earlier he hoped for "productive" trade meetings as the two countries seek to end a festering dispute that has seen both sides level tariffs at one other.U.S. tariffs on $200…

Statement on New Measures to Protect North Atlantic Right Whales

The Chamber of Marine Commerce is issuing the following statement in response to the announcement by Transport Canada and Fisheries and Oceans Canada on shipping mitigation measures in the Gulf of St. Lawrence to help protect North Atlantic Right Whales.Bruce Burrows, President to the Chamber of Marine Commerce, said: “We are pleased that the government has made some refinements to this year’s mitigation measures that will continue to protect the endangered right whales and at…

Image from SAL Heavy Lift Video

SAL Heavy Lift Bridges Beitstadsundbrua

The heavy lift sea transport provider SAL Heavy Lift has delivered 12 bridge sections for the Beitstadsundbrua bridge from China to Norway.The final bridge is part of the largest road construction project in northern Trøndelag, will measure 580 m in length and will connect the municipalities of Steinkjer and Malm, crossing the Beitstadfjorden.The bridge will make travelling between northern parts of Trøndelag county considerably safer, as well as reduce travelling time significantly.In a mountainous country like Norway…

CTO Raimon Strunck congratulates the apprentices for the successful completion (Photo: MV WERFTEN)

Apprentices Complete Training at MV WERFTEN

Celebrations in Wismar: Twelve apprentices – six construction mechanics, four plant mechanics and two manufacturing mechanics – from Wismar, Rostock and Stralsund received their certificates of completion today. The young men have just completed three and a half years of vocational training.The ceremony was attended by representatives of the MV WERFTEN management team, training supervisors from each of the three locations, the works councils as well as representatives of the vocational schools and chambers of industry and commerce in Schwerin and Rostock.

Pic: Namibian Ports Authority

TransNamib, Botswana Railways MoU on Gobabis Container Terminal

TransNamib Holdings Ltd, and Botswana Railways (BR) recently signed a Memorandum of Understanding (MoU) in Gaborone, Botswana, which will culminate in the development and operation of a container terminal in Gobabis.The MoU, signed by TransNamib CEO, Johny Smith, and his Motswana counterpart, Leonard Musa Makwinja, signals the beginning of a fruitful and beneficial relationship to develop and enhance trade between the two countries. The MoU was .“The future of railways offers many opportunities”, said.

Photo courtesy of Chamber of Marine Commerce

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.

Pic:  International Maritime Bureau’s (IMB)

Global Piracy Up in 2018, Gulf of Guinea Leads

Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber of Commerce’s International Maritime Bureau’s (IMB) latest annual piracy report reveals.Worldwide, the IMB Piracy Reporting Centre (PRC) recorded 201 incidents of maritime piracy and armed robbery in 2018, up from 180 in 2017.The Gulf of Guinea remains increasingly dangerous for seafarers. Reports of attacks in waters between the Ivory Coast and the Democratic Republic of Congo more than doubled in 2018…

Photo courtesy Jan De Nul Group

Jan De Nul wins Bangladesh Dredging Concession

Jan De Nul Group’s subsidiary Payra Dredging Company Limited (PDCL) entered into a concession agreement with Payra Port Authority (PPA) for the capital and maintenance dredging of the Rabnabad Channel at Payra Port. This Public-Private Partnership (PPP) contract was awarded end 2017. The official signing ceremony took place today at the Ministry of Shipping of the People’s Republic of Bangladesh in Dhaka.Under this agreement, Jan De Nul Group will be responsible for the development…