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Thursday, May 6, 2021

East Coast News

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China is Paying a High Price for Its Ban on Australian Coal

China is paying a high price for its unofficial ban on coal imports from Australia, with the cost of domestic and alternative foreign supplies rising for both thermal and coking grades of the fuel.China, the world’s biggest importer, producer and consumer of coal, has effectively ended imports from Australia, the biggest shipper of coking coal used to make steel and number two in thermal coal used to produce electricity, as part of an ongoing political dispute between the two nations.The restrictions on imports from Australia came into effect in the second half of last year…

(Photo: Port of Rotterdam)

Global Supply Lines Struggle to Clear Container Backlog After Suez Chaos

A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing disruptions to global trade, industry sources say.Dozens of container ships were stuck when the 400-metre-long (430-yard) Ever Given ran aground in the canal on March 23, with specialist rescue teams taking almost a week to free the vessel.The suspension of sailings through the waterway left shipping companies - including container lines - with millions of dollars in extra costs…

SC Ports reported an all-time container record for March. (Photo/SC Ports/English Purcell)

SC Ports Records Its Strongest Ever Monthly Volumes

South Carolina Ports handled the most cargo in its history in March, with the Port of Charleston handling record volumes as the Hugh K. Leatherman Terminal begins operations.SC Ports reported an all-time container record for March, moving 248,796 twenty-foot equivalent units (TEUs) across the Port of Charleston’s Wando Welch and North Charleston container terminals. This is up 34% year-over-year — a significant increase from last March.The previous container record was set in August 2019, with 233,110 TEUs handled at the port.

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Australian Coal Exports Disrupted as Deluge Slows Port

Coal deliveries to Australia’s Port of Newcastle, the world’s biggest coal export port, have been halted because flooding in the Hunter Valley region has shut rail lines, with heavy rains also slowing ship movements at the port.Heavy rains along Australia’s east coast over several days have caused the worst flooding in half a century, with thousands of people being forced to evacuate their homes.

(Photo: MDOT MPA)

Comment Period Open for Baltimore Tunnel Project

The Maryland Department of Transportation Maryland Port Administration (MDOT MPA) announced release of the federally approved Environmental Assessment for the project to reconstruct the CSX-owned, 126-year-old Howard Street Tunnel in Baltimore to allow for double-stacked intermodal container trains to and from the Helen Delich Bentley Port of Baltimore. Double stacking allows two shipping containers stacked on top of each other, and this project will increase container capacity…

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Importers Battle Surging Cargo, Commodity Costs

As Home Depot heads into its busy spring project season—when shoppers build backyard decks and buy patio furniture—it is tangling with surging costs for goods and transportation, on top of tariffs that cost it and other U.S. importers billions of dollars.Across the United States, major retailers and makers of everything from Peloton spin bikes and La-Z-Boy recliners to Kia Sorrento SUVs are battling the same profit-squeezing pressures. They pass those costs along to home-bound consumers…

One of a total of more than 1.6 million Hapag-Lloyd containers (TEU). Image courtesy Hapag-Lloyd

Container Shipping Looks Strong in 2021 - BIMCO

In the full year of 2020, global container shipping volumes fell by 1.2% compared with 2019, much less than feared even before the pandemic was first declared, and much recovered compared with the 6.8% drop recorded in the first six months of the year. Volumes in the second half of the year were up 4.2% from 2019. Much of this growth was concentrated on just a few trade lanes, with congestion and imbalances on these spilling out and causing disruption on other trades.BIMCO expects that 2021 will be even better for container shipping than 2020…

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Seaspan Orders 10 Dual-fuel LNG Containerships

Seaspan Corporation announced Friday that it has entered into an agreement to order up to 10 dual-fuel liquefied natural gas (LNG) containerships from South Korean shipbuilder Samsung Heavy Industries.Seaspan, a wholly owned subsidiary of Atlas Corp., said the deal is for five ultra-modern 15,000 TEU newbuilds, with an option for an additional five. The containerships are scheduled for delivery from first half of 2023 onward, and upon completion will enter 12-year charters with Israel-based shipping company ZIM for its Asia - US East Coast trade."This is a milestone agreement for ZIM…

(Photo: Cashman Dredging)

Boston Harbor Phase II Dredging Wraps Up Ahead of Schedule

New England’s busiest port moves closer to welcoming larger containerships and growing the regional economy with the completion of the second phase of a three-part dredging program last month, nearly one year ahead of schedule.Cashman Dredging and JV partner The Dutra Group began Phase II of the U.S. Army Corps’ Boston Harbor Navigation Improvement Project in July of 2018. The recently completed phase, focused on deepening the main ship channels (the Outer Harbor Channel from 40 to 51 feet…

Photo courtesy Valenciaport

Asian Market, Fuel Prices Drive Freight Rates in Valenciaport

The Valencia Containerized Freight Index (VCFI) of December experienced a growth of 4.19% with respect to the previous month, confirming the trend of the last five months of the year of increased freight rates. The high demand for traffic with China and the rise in fuel prices have played a major role in this increase. Thus, the VCFI as a thermometer of the evolution of maritime transport prices is demonstrating the recovery of economic activity. Thus, freight rates end 2020 with a new all-time high of 1…

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Equinor Selected for US' Largest Offshore Wind Award

Norwegian energy company Equinor said it has been selected to provide New York State with offshore wind power in one of the United States' largest renewable energy procurements to date.Under the award, Equinor and partner BP will provide 1,260 megawatts (MW) of renewable offshore wind power from Empire Wind 2, and another 1,230 MW of power from Beacon Wind 1, each calling for more than 90 turbines off the coast of Long Island—adding to the existing commitment to provide New York…

Ever Forever is the sixth containership of Evergreen Line’s F-type series. Built at the Geoje Shipyard of Samsung Heavy Industries, its twin-island hull design broadens the view from the navigation bridge and increases cargo loading capacity. (Photo: Evergreen Line)

Evergreen Takes Delivery of Two 12,000 TEU Ships

Evergreen Line took delivery of its sixth and seventh new 12,000 TEU class F-type containerships on December 15. Ever Forever was built at the Geoje Shipyard of South Korea's Samsung Heavy Industries, and Ever Far was delivered by Imabari Shipbuilding in Japan.The two new large containerships set sail in good order after the delivery procedures were completed. The ships’ 58,000-horsepower main engines are powering the technically advanced vessels to their allocated loading ports on Evergreen’s trans-Pacific services. Ever Forever will be put into service on the Asia-U.S.

(Photo: Interlake Holding Company)

Interlake Acquires Two Great Lakes Vessels

Interlake Holding Company announced today the purchase of the assets of Pere Marquette Shipping Company and Lake Michigan Car Ferry Company in an acquisition that includes two working Great Lakes vessels, the articulated tug-barge Undaunted-Pere Marquette 41 and the historic passenger-and-car ferry S.S. Badger.The acquisition signals the creation of a new business entity, Interlake Maritime Services, which will manage the new businesses along with The Interlake Steamship Company…

"As one of the largest bunkering operators in the United States, we are excited about the synergies this acquisition will deliver to our customers," said Matt Godden, President and CEO of Centerline  Logistics. Photo courtesy Centerline Logistics

Centerline Logistics Acquires Saltchuk Marine Services’ California Ship Refueling Ops

Centerline Logistics acquired Saltchuk Marine Services’ California ship refueling business, currently operated by subsidiary Foss Maritime Company. According to a press release from Centerline, this "major acquisition" brings together the combined capabilities of two of the nation’s leaders in petroleum transportation, strengthening Centerline’s position as a provider of around the clock bunkering (ship refueling) services.Through this expansion, Centerline will "substantially…

(Photo: SCPA/English Purcell)

SC Ports’ Leatherman Terminal Welcomes 15 Hybrid Cranes

South Carolina Ports has taken delivery of 15 hybrid rubber-tired gantry cranes to the Hugh K. Leatherman Terminal as SC Ports prepares to welcome the first cargo ship to the Leatherman Terminal in March.“It is always an exciting day when new cranes come through Charleston Harbor,” SC Ports CEO Jim Newsome said. “The Leatherman Terminal’s impressive new equipment will provide reliable service to our customers and environmental benefits to the region.”The 15 hybrid rubber-tired gantry (RTG) cranes arrived in North Charleston, S.C., on the Zhen Hua 15.

Illustration. Credit:MAGNIFIER/AdobeStock

China's Exports Pinched by Global Shortage of Shipping Containers

China's world-beating economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers, sending cargo costs to record highs and hampering manufacturers in filling fast-recovering global goods orders.Exports from China surged 21% in November from a year ago as the country's mammoth industrial engine cranked out mountains of appliances, toys, clothes, personal protective equipment, and other items currently in high demand around the world.But…

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Container Freight Rates Soar

Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the coronavirus pandemic, shipping sources said.The Freightos Baltic Global Container Index (FBX), a weighted average of 12 major global container routes, rose to $2,359 per forty-foot equivalent (FEU) container this week, the highest on record and up 30% since July 1."The spike is driven by very high demand for container freight since July…

Credit: Equinor

"Hundreds of Jobs" - Equinor Picks Port of Albany for Offshore Wind Tower Making Facility

Norwegian energy company Equinor has proposed the Port of Albany, in upstate New York, as the first offshore wind tower manufacturing facility in the  U.S."Developed jointly with leading wind industry manufacturers Marmen and Welcon, Equinor stands ready to transform the port for manufacturing offshore wind towers and transition pieces (TPs), creating up to 350 direct jobs in the region," Equinor said.The Port of Albany extension initiative is part of the bid Equinor submitted…

LNG Bunkering Barge currently under construction at Fincantieri Bay Shipbuilding. Image: MacGregor/Fincantieri Bay Shipbuilding

MacGregor Inks Deal to Supply LNG Bunker Barge Hose Handling Cranes

MacGregor received an order from Fincantieri Bay Shipbuilding to supply two fixed boom cranes that will handle the hoses on a new 5,400 cubic meter capacity liquefied natural gas (LNG) bunker barge currently under construction and estimated to be delivered by the end of 2021.The MacGregor Rapp HP63-13F cranes will handle the hoses that transfer LNG from the barge to the LNG-powered vessel during bunkering operations. The hoses will be 63 feet long and designed to handle 6,500 pounds at 42 feet and 1…

The 14,220-TEU Yang Ming Warranty Docks at the Port of Wilmington (Photo: North Carolina State Ports Authority)

Port of Wilmington Welcomes Its Largest Containership to Date

The Yang Ming Warranty sailed into the Port of Wilmington on Monday with a carrying capacity of 14,220 TEUs (twenty-foot equivalent unit), setting a new record for the North Carolina State Ports Authority.“North Carolina Ports continues to prove it is an attractive global gateway for shippers. The arrival of the Yang Ming Warranty further solidifies our position as a big ship ready port. We are capable of working the largest container vessels calling on the East Coast,” said Brian E. Clark, Chief Operating Officer, North Carolina Ports.

The Zhen Hua 36 arrived in Charleston carrying two SC Ports’ ship-to-shore cranes for the Hugh K. Leatherman Terminal. (Photo: Walter Lagarenne / SCPA)

New Ship-to-shore Cranes Arrive in Charleston

SC Ports received two new ship-to-shore cranes today, marking the first cargo-handling equipment to arrive for the Hugh K. Leatherman Terminal, which is under construction in North Charleston, S.C.When the terminal opens in March, it will be outfitted with some of the tallest cranes on the East Coast. The cranes will have 169 feet of lift height above the wharf deck and an outreach of 228 feet, enabling them to work the biggest container ships calling on the East Coast.The cranes, fabricated by Shanghai-based ZPMC, arrived at Columbus Street Terminal on the Zhen Hua 36 this afternoon.

(Photo: Port of Halifax)

Port of Halifax's Extended Deepwater Berth Fully Operational

The extended South End Container Terminal in the Port of Halifax is now complete and is fully operational, having welcomed its first vessel, Zim Tarragona, on Friday.With the extension project finished, the South End Container Terminal operated by PSA Halifax now has the longest and deepest container berth in Eastern Canada with 800 meters continuous length and 16 meters depth. The recent installation of a new Super Post-Panamax (SPPX) crane, the largest in Eastern Canada, brings the total compliment of SPPX quay cranes at PSA Halifax to five.

Sam Ruda, Director, Port NY/NJ. Image courtesy Port NY/NJ

Interview: Sam Ruda, Director, Port of NY/NJ

Ports are economic engines for the regions they serve, and the impact from business activities at the Port of New York/New Jersey runs as big as the area it serves: 46 million consumers in a four-hour radius. The port is an economic giant in and of itself, providing for nearly a half a million jobs, a cumulative $35 billion in personal income and a cumulative $98 billion in business income. Sam Ruda, Director, Port NY/NJ, discusses a record 2019, continued investment in infrastructure…

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Container Shortage Delays Shipments of Brazil's Record Coffee Crop

Coffee traders are struggling to ship cargos out of Brazilian ports because of a shortage of available containers or space in vessels to hold them, according to traders and analysts.Brazil's economy is suffering due to the coronavirus pandemic, causing a 40% slide in its currency, the real. That spurred a flood of exports of now-cheaper goods, but imports have dropped sharply, causing the imbalance in containers that has led to delays.That's a direct hit to Brazil, which with…

(Photo: Halifax Port Authority)

Saab PIMS to Streamline Halifax Port Operations

Saab said it has been awarded a contract from the Halifax Port Authority to supply a Port Management Information System (PMIS) to further streamline the Canadian East Coast port's operations by allowing port departments, 80 service providers, customers and other members of the port community to improve collaboration.The Port of Halifax is a full-service, deepwater port on the eastern seaboard of Canada and the only east coast Canadian port that can receive containerships carrying over 10,000 TEU.

The CMA CGM Brazil, a 15,000 TEU container vessel spanning 1,200 feet in length, sailed into Charleston's harbor Sept. 20. The ship - the largest to ever visit the East Coast, and Charleston harbor - was able to enter Charleston's harbor due to its maintained and deepened channels. (Photo: Dennis Franklin)

Charleston Will be the Deepest Harbor on the US East Coast

This September, the U.S. Army Corps of Engineers, Charleston District awarded the final two dredging contracts on its harbor deepening project, which will make Charleston’s harbor the deepest on the East Coast.The contract awards also coincided with the arrival September 20 of the CMA CGM Brazil, a 15,072-TEU containership stretching 1,200 feet long, and the largest containership to ever call on the East Coast and Charleston harbor.Charleston was the last stop on its East Coast itinerary…