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Wednesday, July 17, 2019

E Commerce News

John F. Reinhart, CEO and executive director of the Virginia Port Authority (VPA).

INSIGHTS: John F. Reinhart, CEO, Virginia Port Authority (VPA)

John F. Reinhart is the CEO and executive director of the Virginia Port Authority (VPA). He is responsible for the broad programmatic areas of business development and growth, strategic marketing, finance, and operations of Virginia’s marine terminal facilities: Virginia International Gateway, Newport News Marine Terminal, Norfolk International Terminals, Portsmouth Marine Terminal, Richmond Marine Terminal and the Virginia Inland Port.Under his leadership, the goal has been to…

Civilian Mariner Kevin Sauls, Ship's master aboard the Henry J. Kaiser-class fleet replenishment oiler USNS Guadalupe (T-AO 200), observes the Royal Navy Duke-class frigate HMS Montrose (F 236) during a replenishment-at-sea drill. Guadalupe is conducting operations, providing logistical support to U.S. Navy and allied forces operating in the U.S. 7th Fleet area of responsibility. (U.S. Navy photo by Mass Communication Specialist 2nd Class Tristin Barth)

Iran Attempts UK Tanker Block, Fails

Britain says it fended off Iranian attempt to block its oil tankerThree Iranian vessels tried to block a British-owned tanker passing through the strait that controls the flow of Middle East oil to the world, but backed off when confronted by a Royal Navy warship, Britain said on Thursday.A week after Britain seized an Iranian tanker accused of violating sanctions on Syria, London said the British Heritage, operated by oil company BP, had been approached in the Strait of Hormuz…

The author, By Curt Cultice, U.S. Commercial Service, U.S. Department of Commerce.

Export Licensing: Tips U.S. Exporters Shouldn’t Overlook

Export Control Lists Include Key Marine Tech Categories  Each year, the U.S. Department of Commerce receives thousands of inquiries from businesses looking to export, many of which involve licensing questions. The Commerce Department’s Bureau of Industry and Security (BIS), together with other USG agencies, is responsible for export licensing and controls. BIS export licenses may be required for items (commodities, software, or technology) with proliferation, military, or terrorist uses, or which warrant control for other reasons.

Flying into New Orleans with Admiral Karl Schultz, Commandant, USCG, provides a ‘birds eye view’ on the robust and diverse business in and around the lower Mississippi River.  Photo: Greg Trauthwein

Admiral Schultz Emphasizes Maritime as a Driver of U.S. Commerce

Last month Maritime Reporter & Engineering News was invited to join Admiral Karl Schultz, the Commandant of the United States Coast Guard, on a trek to New Orleans for an underway tour on board a mid-stream transfer operation in the Mississippi River. As the U.S. inland waterway system has endured historic water levels for more than six months, the destination provided a perfect backdrop to discuss several key messages coming from USCG leadership: the maritime industry’s critical role in facilitating U.S.

Evan Matthews, CPA’s Executive Director

Connecticut Port Authority: the future is now

2019 brings new missions, strategies and new optimism for this three-port Northeast gateway.The Connecticut Port Authority began operations in 2016. The quasi-public agency’s mission is to grow Connecticut’s economy and create jobs by strategically investing in the state’s three deepwater ports and small harbors. In a nutshell, the Connecticut legislature teamed up with the governor to create the Connecticut Port Authority by statute in 2014.When it fully stood up, CPA’s first full time employee was none other than Evan Matthews, CPA’s Executive Director. He got right to work.

Photo: Massport

Massport Board Appoints New CEO

The Massachusetts Port Authority (Massport) picked its port director, Lisa Wieland, to be its next Chief Executive Officer(CEO), bypassing the other finalist, a member of the city's power elite, for one of the most influential public-sector jobs in the state.Board of Directors voted to offer Wieland the position of CEO and Executive Director for a five-year term. Contract negotiations will occur at a later date.The search firm Isaacson, Miller sought a diverse candidate pool for the position and more than 100 applications were received.

© Chris Titze Imaging/Adobe Stock

Shipping Executives Indicted in the U.S.

An indictment of two Norwegian shipping executives was unsealed in the U.S. District Court in Baltimore, the Department of Justice announced.Ingar Skiaker and Øyvind Ervik have been charged with participating in a long-running conspiracy to allocate certain customers and routes, rig bids, and fix prices for the sale of international ocean shipments of roll-on, roll-off cargo to and from the United States and elsewhere, including the Port of Baltimore. A federal grand jury returned the indictment in February 2018.Skiaker and Ervik…

Descartes Acquires STEPcom

Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), a leader in uniting logistics-intensive businesses in commerce, announced that it has acquired STEPcom, a leading Business-to-Business (“B2B”) supply chain integration network based in Switzerland.STEPcom has connected trading partners to its B2B network for more than 15 years, helping supply chain participants connect, collaborate and seamlessly exchange electronic data. A community of more than 600 customers leverage the STEPcom suite of solutions to automate supply chain processes and streamline a wide array of complex…

Photo courtesy of Chamber of Marine Commerce

Water Outflow on Seaway Now Above 10,400 CMS

The Chamber of Marine Commerce supports the International Lake Ontario-St. Lawrence River Board’s decision Friday to continue flow rates from the Moses-Saunders dam at 10,400 cubic meters per second (CMS).Maintaining the 10,400 CMS outflow still results in a significant cost to the economy, with an estimated $2.3 million to $3 million in business revenues lost for every day it’s in place due to delays for all ship transits through the Seaway.The Chamber’s ship operators are following…

© Rawf8 / Adobe Stock

U.S. Wants 'Reasonable' Trade Deal with China

The United States "is not looking for victory" with China over trade but wants "a sensible deal that addresses the legitimate issues that we have," U.S. Commerce Secretary Wilbur Ross said on Wednesday."There are some inappropriate activities underway by the Chinese. They must cease. If they do, if we make some redressing of the trade imbalance, then that's a reasonable deal for both parties," Ross told Fox Business Network in an interview.Reporting by Susan Heavey

A Hong Kong Container Terminal works cargo. CREDIT: AdobeStock / © Marco

China, U.S. Trade Officials Talk Shead of Trump-Xi Meeting

Senior Chinese and U.S. trade officials spoke by telephone on Monday ahead of talks between Chinese President Xi Jinping and U.S. President Donald Trump set for later this week, as the world's two largest economies remain locked in a tariff war.Trump and Xi are expected to meet on the second day of the Friday-Saturday Group of 20 summit in Japan, the first face-to-face meeting for the leaders since trade talks broke off in May.Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S.

Chris Connor, AAPA's incoming CEO

AAPA Selects Christopher Connor as its New CEO

Former ocean carrier executive is association’s unanimous choice.The American Association of Port Authorities (AAPA), the unified and recognized voice of seaports in the Americas, announced today that it has unanimously chosen Christopher J. Connor as the association’s next president and chief executive officer.Mr. Connor, the former Global CEO of Wallenius Wilhemsen Logistics (WWL) will begin transitioning into his new role on September 23, eventually succeeding Kurt Nagle, AAPA’s president and CEO since 1995.Mr.

Pic: GAC

GAC Mulls Expansion

The shipping & logistics company GAC is tapping into the growing contract logistics business potential of the Asia Pacific, Indian Subcontinent and Middle East, with plans to further develop and expand in its operations in the regions.That was the message Lars Bergström, GAC’s Group Vice President for Asia Pacific & Indian Subcontinent, had for the Group’s Contract Logistics Solutions experts who gathered in Colombo, Sri Lanka, to chart GAC’s strategy to increase its share of the business in their regions.

Photo Credit: International Propeller Club of the U.S.

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…

Photo: Chamber of Marine Commerce

Great Lakes-St. Lawrence Shipping: We need Icebreakers

The Great Lakes-St. Lawrence shipping industry is calling for at least five new icebreakers to be part of the federal government’s recent announcement of $15.7 billion for Canadian Coast Guard fleet renewal.Chamber of Marine Commerce President Bruce Burrows will be in attendance as the Coast Guard dedicates the Captain Molly Kool into service at its home port of St. John’s, Newfoundland and Labrador. The Captain Molly Kool was recently retrofitted to provide services along the East Coast.

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…

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…

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…

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…

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…

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.

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).

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.

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.

AdobeStock / © Nightman 1965

China Urges Dialogue, Negotiations to Solve US Trade Row

China's commerce ministry on Tuesday urged dialogue and negotiation to solve trade differences with the United States.It is common to make revisions, suggestions and adjustments in trade negotiations, it said in a statement in response to U.S. government comments that China was pursuing a "blame game".Reporting by Reuters Hong Kong and Beijing newsrooms

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…