Port Manatee, Carver Maritime Ink Long-term Terminal Deal
Port Manatee and Carver Maritime LLC have entered a long-term marine terminal operating agreement for a 10-acre aggregate offloading facility at the Florida Gulf Coast port.The agreement, for as many as 20 years including options, was approved Thursday by the Manatee County Port Authority and ensures property lease payments totaling $1.8 million for the initial five-year term, in addition to wharfage payments for annual cargo throughputs.Carver Laraway, president of Altamont,…
Emissions monitoring and reporting means ECA’s, EPA VGP, EU MRV’s, IMO-DCS, RO’s, SEEMP – and you. Fear not: the daunting acronyms can all be managed by employing the right technology.In the past decade, shipowners have faced a raft of new regulations aimed at reducing the pollution from their ships, whether in new environmentally sensitive emissions control areas (ECA) or on the open seas that serve as the primary conduit for 90% of global trade. Limits on sulphur emissions within ECAs such as the Baltic and North seas have been in effect since 2005…
DP World Gross Volume Up 4.8% for 1H 2018
Dubai-based port and terminal operator DP World said that its gross volumes rose 4.8 percent to USD 35.6 billion s for the six months to 30 June 2018, despite uncertainties in the container market. On a reported basis, revenue grew 14.4%.Revenue growth is supported by the volume growth across all three regions and the impact of new acquisitions including Drydocks World LLC (Drydocks), Dubai Maritime City (DMC) and Cosmos Agencia Marítima (CAM).Profit attributable to owners of…
British Ports Association Launches Sustainable Development Resolution
The British Ports Association has published a sustainable development resolution, which commits to supporting the dual aims of a strong and healthy environment and a thriving economy.The BPA represents 350 ports, terminals and port facilities across the UK. UK Ports handle 95% of the UK’s international trade, keeping goods moving in an efficient manner that underpins the UK’s economy. The industry is also highly productive and employs over 101,000 people.Ports are often hubs of regional economic activity and support a wide range of industries including energy…
Yang Ming Orders Ten 2,800 TEU Containerships
Yang Ming Marine Transport Corp. (Yang Ming) signed a contract with CSBC CORPORATION, TAIWAN (CSBC) for the construction of a total of ten 2,800 TEU class full container vessels. The contract was signed by Yang Ming’s Chairman Bronson Hsieh and CSBC’s Chairman Cheng Wen-Lon.The new ships are due for delivery starting in the second quarter of 2020 and will help to meet the future demand for medium and long-term vessel deployments, and improve competitiveness, Yang Ming said.In the meantime…
Ampelmann Wins North Sea Contracts
Ampelmann has strengthened its position in the North Sea this year after being awarded four new contracts and two extended scopes of work in the basin.The projects will see six E-type gangway systems deployed for planned shutdown campaigns and ongoing fabric maintenance support by different major operators across the UKCS.Utilising motion compensation technology, Ampelmann’s E-type is the largest system in the company’s portfolio and is ideally suited for the harsh environment of the North Sea…
More Ships Adding Scrubbers ahead of 2020
An increase in the number of ships adding cleaning systems to their smokestacks will mean vessels will continue to burn a sizable amount of fuel oil once new sulphur regulations for the fuel go into effect, Vienna-based consultancy JBC Energy said on Tuesday.Ships installed with exhaust gas cleaning systems, known as scrubbers, are expected to burn 600,000 barrels per day (bpd) of high-sulphur fuel oil (HSFO) in 2020 when the new rules from the International Maritime Organization (IMO) start…
Target Corporation Honors Yang Ming
Yang Ming Marine Transport Corp. was named “Provider of the Year” on 18th July, 2018 by Target Corporation, the second-largest department store retailer and importer of containerized freight in the United States.Yang Ming was also accredited with the “Environmental Ship Index Award 2017” by Marseille Fos Port Authority, said a company statement.The “Provider of the Year” award distinguishes the provider who has demonstrated exceptional operational performance in cooperation with Target Corporation.Yang Ming achieved a score of 99.9% against stated performance goals.
Samsung Heavy Industries Builds Smart Ship On AWS Platform
Amazon Web Services (AWS), an Amazon.com company, announced that Samsung Heavy Industries (SHI) selected AWS as its preferred cloud provider to support its digital transformation.Samsung Heavy Industries is turning to AWS’s expansive infrastructure, unmatched performance, scalability, and industry-leading services to gain competitive advantage in the smart shipping industry.Samsung Heavy Industries leaves the heavy lifting of its infrastructure to AWS, the world’s leading cloud…
Hapag-Lloyd to Accelerate Digitalization as it Doubles 1H 2018 Loss
The the first half year 2018 net loss of Germany's Hapag-Lloyd is more than doubled to UER 100.9 million ($116 million) from EUR 42.7 million (USD 49 million) a year ago.The shipper attributed this loss to rising fuel costs and the slow recovery in freight rates diluted the synergies from the German ocean carrier’s merger with United Arab Shipping Company."The first half of 2018 was shaped by clearly increasing fuel costs, higher charter rates and a slower than expected recovery of freight rates.
Yang Ming Sinks into Red
Taiwanese ocean carrier Yang Ming Marine Transport Corporation (Yang Ming) registered a net loss of NTD3.81 billion (USD 129.1 million) for Q2.However, the Q2 consolidated revenues total NTD33.6 billion (USD1.14 billion) was up 1.12% from the same period in the previous year. The business volume of 1.29 million TEUs rose 11.84% year-on-year.In the meantime, for the first half of 2018, Yang Ming’s consolidated revenues totaled NTD64.6 billion (USD2.19 billion), up 1.81% compared with the same period in the previous year.
China Ministry Seeks Feedback on LNG as Marine Fuel
China's Ministry of Transport said on Friday it is soliciting feedback from oil companies, shipowners' and port associations, and marine authorities for a plan to use liquefied natural gas (LNG) as a marine bunker fuel.China will expedite the planning and siting of key berths for LNG tankers in the Bohai Bay area of northern China, as well as along its main rivers, the ministry said.The ministry has asked companies and agencies to give feedback by Aug.
Star Bulk Carriers Back in Black
Star Bulk Carriers has announced a net income of US$10.73 million for the second quarter of 2018, a significant improvement over the company’s net loss of US$10.28 million for the same period last year.The global shipping company focusing on the transportation of dry bulk cargoes said that voyage revenues for the quarter totalled US$132.6 million, almost double the US$78.6 million generated in the second quarter of 2017.Petros Pappas, Chief Executive Officer of Star Bulk, said…
Singapore, Wilhelmsen Ships Service Pact for Maritime Drone
Wilhelmsen Ships Service has been selected to help develop the future Unmanned Aircraft Systems (UAS) regulatory framework for Singapore and will receive dedicated funding for their shore-to-ship delivery project.Wilhelmsen Ships Service is one of only four companies to have received the funding, following a Call-For-Proposal (CFP) by CAAS and the Ministry of Transport. The CFP aims to support the development of systems and technologies to enable innovations within the wide-ranging use of UAS.
MOL Blue Ocean Environmental Bonds will be Japan's 1st Green Bonds
Mitsui O.S.K. Lines (MOL) announced a plan to issue green bonds (its 20th and 21st series unsecured corporate bonds) through a public offering in Japan's domestic market. It also announced the acquisition of a second opinion from a third-party institute.Japan's 1st Green Bonds are aimed at individual investors. Green bonds are used to raise funds for businesses aimed at protecting and improving the environment.MOL established the MOL Group Environmental Vision 2030 in April 2017…
Kalmar Fleet Solution for Australian Container Freight Services
Kalmar, part of Cargotec, has won an order to provide Kalmar Fleet Solution of mobile equipment to Australian Container Freight Services (ACFS) operations in Adelaide, Fremantle and Melbourne.This order, comprising a total of three units of DCG100 Empty Container Handlers and two units of DRG450- Reachstackers, has been booked into Cargotec 2018 Q2 order intake.ACFS is the largest privately owned Container Logistics operator in Australia. With extensive knowledge and experience across the warehousing, transport and freight logistic sectors.
California Port to Vote on Hydrogen Fuelling
The Long Beach Board of Harbor Commissioners is scheduled to vote Monday, Aug. 13, on a proposal by Toyota Logistics Services to reconfigure its facility at Pier B and build a renewable fuel-cell power plant and hydrogen fueling station.The study being released by the Port is called an Initial Study/Mitigated Negative Declaration (IS/MND), meaning that no substantial evidence was found that the project would have a significant effect on the environment.Public comment on the proposal…
Subsea 7 Signs on for FutureOn Planning Software
Norway-based digital technology innovator FutureOn announced a multi-license contract for its Field Activity Planner (FieldAP) software with Subsea 7, a leading global contractor providing engineering, construction and services to the offshore energy industry.“FieldAP brings all the data about the field into one centralized digital environment to help our customers see more about their assets from every vantage point and collaborate meaningfully, which makes it possible for them to make economically prudent planning decisions…
Long Beach to Vote on Toyota Terminal Renovation
The Long Beach Board of Harbor Commissioners is scheduled to vote Monday, August 13, on a proposal by Toyota Logistics Services to reconfigure its facility at Pier B and build a renewable fuel-cell power plant and hydrogen fueling station.The study being released by the Port is called an Initial Study/Mitigated Negative Declaration (IS/MND), meaning that no substantial evidence was found that the project would have a significant effect on the environment. Public comment on the…
GAC Dubai Steps Up in Pharma Logistics
GAC Dubai has been awarded the ISO 13485:2016 Medical Devices Management System certification, demonstrating its ability to provide quality warehousing, distribution and value-added services of medical devices that meet the high standards of the sector and the regulations that govern it. Certification comes after a stringent independent audit which confirmed the company’s compliance with the internationally recognized standard.The company has also been awarded the ‘Certificate…
China's New Shenzhen Terminal Receives First LNG Cargo
China National Offshore Oil Company (CNOOC) started operating a new import facility in southern China for liquefied natural gas (LNG), state media reported on Wednesday.The terminal in the city of Shenzhen, near Hong Kong, on Wednesday received a 93,000-tonne LNG cargo from Qatar, Securities Daily reported, making it the state firm's ninth LNG terminal in operation.The new facility has four tanks each sized 160,000 cubic meters and a berth able to dock 266,000 cubic-meter tankers, with annual handling capacity of 4 million tonnes, according China Environment News.CNOOC's press office was not a
Navios Maritime Containers Acquires a Containership
Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced that it agreed to acquire a 2009-built, 4,563 TEU containership for $13.9 million from an unrelated third party.The vessel is expected to be delivered in Q3/Q4 2018.Based on the current rate environment (Clarksons Research 6-12 month time charter rate for 4,400 TEU vessels of $12,800 per day for July 2018) the vessel is expected to generate approximately $2.1 million of EBITDA over the next twelve months…
ITC Global Extends Contract with Medical Ship Nonprofit
ITC Global, a provider of satellite communications to remote and harsh environments, has announced its three-year contract extension with Youth With A Mission Medical Ships Australia, Ltd (YWAM MSA). Under terms of the agreement, ITC Global will provide critical connectivity services to the nonprofit’s medical ship serving the Papua New Guinea (PNG) region, along with new crew welfare services for staff leisure use not previously available to the YWAM team. The all-volunteer-operated vessel based in Townsville…
Cruise Industry Embraces Transcritical CO2 Technology
International technology group GEA signed a contract for its new transcritical CO2 industrial refrigeration technology, with P&O Cruises, part of Carnival Corporation & PLC.The green refrigeration technology has already been installed on board P&O Cruises 2,000-passenger ship Arcadia, where it will deliver the energy-efficient cooling supply for all of the ship’s food and beverage refrigeration units. Discussions between GEA and P&O Cruises are ongoing with a view to rolling out the state-of-the-art transcritical CO2 refrigeration plants to additional cruise ships in the existing fleet…
Container-Shipping Firms Focus on Asset Optimisation
Asset quality, size and diversification will determine the success of shipping companies in the next 18 months as higher costs, tighter environmental rules and worsening global trade relations risk offsetting buoyant demand and capacity reductions.Only container-shipping companies with the biggest fleets and most efficient vessels are likely to turn a profit this year and meet longer-term challenges, says Scope Ratings in a short report out today. Container shipping is a capital-intensive business. A.P. Møller-Mærsk, the industry leader, spends around USD 1bn a year on new ships.
Liberia Becomes Fastest Growing Flag in Shipping
Liberia is the fastest growing major open registry in 2018 in both the shipping and offshore sectors, according to shipping services provider Clarksons in its Clarksons World Fleet Monitor June 2018.Alfonso Castillero, CCO of the Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian Registry, said: “I am delighted to see that Liberia continues to be the leading flag in 2018. It has grown by 2.2 percent in terms of gross tonnage overall so far this year…
Norwegian Joy is US Bound
Norwegian Cruise Line’s first ship custom-designed specifically for the Chinese cruise market will be repositioned to sail from the United States starting in 2019.The nearly 4,000 passenger cruise ship Norwegian Joy is slated to sail seasonally from Seattle to Alaska in summer 2019 before making voyages to the Mexican Riviera and Panama Canal from Los Angeles in winter 2019/2020.Built by German shipbuilder Meyer Werft in 2017, the 1,094-foot-long, 167,725 gt Norwegian Joy was designed with finishes and amenities tailored specifically to the tastes of Chinese guests.
APM Terminals Pipavav Hosts Trade Meet for CHAs
APM Terminals Pipavav recently hosted a trade meet for Custom House Agents (CHAs) and service providers at the Port and at Diu, Gujarat.The event was attended by members from Ahmedabad Customs House Agents Association (ACHAA), Pipavav Customs Brokers Association (PCBA), Ahmedabad Steamship Agents Associations (ASAA), Shipping Lines, ICD Operators, Global Freight Forwarders and Transporters etc.The objective of the event was to bring together the key stakeholders on a common platform…
China's Stricter Ship Emissions Rules a Boon for IMO 2020 Compliance
Tighter rules on shipping emissions around China's coastlines from the start of next year is a clear sign the world's No.
Caspian Littoral States Sign Environment Protocol for the Sea
Littoral countries to the Caspian Sea have made a groundbreaking commitment to evaluate the likely impact that development projects will have on the environment in each other’s states.High-level representatives from Azerbaijan, Iran, Kazakhstan, the Russian Federation and Turkmenistan today signed the Environment Impact Assessment Protocol under the Tehran Convention.Under the Protocol, countries must follow a set of harmonized practical procedures for assessing the impact that a project will have on the environment in another state.Impacts on human health…
Carnival Corp Meets CO2 Reduction Goal
Carnival Corporation, the world's largest leisure travel company, released its eighth annual sustainability report, announcing that in 2017 the company achieved its 25 percent carbon reduction goal three years ahead of schedule and is on track with its nine other 2020 sustainability goals.Looking to the future, the company continues to chart its sustainability journey, using the United Nation's 17 Sustainable Development Goals as a framework to identify new environmental management…
Seadrill Gets ABS-Managed Pressure Drilling Notation
ABS has announced it has issued the managed pressure drilling notation ABS MPD to Seadrill for the ABS-classed West Capricorn, a 6th generation ultra-deep water semi-submersible operating in the Gulf of Mexico.This notation demonstrates system compliance with the ABS Guide for Classification and Certification of Managed Pressure Drilling Systems (MPD Guide).Seadrill’s West Capricorn is the first Column Stabilized Drilling Unit to receive the ABS MPD notation complete with the Maltese Cross…
IMO Supports Spill Preparedness in Northwest Pacific
International Maritime Organization (IMO) is supporting regional cooperation on oil and hazardous and noxious substances (HNS) spills in the Northwest Pacific region.IMO’s Roel Hoenders is taking part in meetings of the Marine Environmental Emergency Preparedness and Response Regional Activity Centre (MERRAC) taking place in Incheon, Republic of Korea (17-20 July).The Centre was originally established by IMO and UNEP to create effective cooperative measures to spill response under…
New Rule Creates Flexibilities for NVOCC Agreements
A Final Rule published today by the U.S. Federal Maritime Commission (FMC) offering deregulatory flexibilities for non-vessel-operating common carrier (NVOCC) negotiated rate arrangements (NRAs) and NVOCC service arrangements (NSAs) will go into force on August 22, 2018.The key changes to NRAs allow them to be amended at any time; allow the inclusion of non-rate economic terms; and, allow an NVOCC to provide for shipper’s acceptance of the NRA by booking a shipment. NSAs will…
Port of Oakland Unveils Clean Air Vision
The Port of Oakland has announced that it has embarked on a path to emissions-free cargo operations. The ambitious target is at the heart of a draft air quality improvement plan sent out for public review June 29. It calls for reducing criteria pollutants and greenhouse gases at Oakland’s seaport – technology, feasibility and budget willing.“This is a bold and ambitious plan. Achieving a zero-emissions seaport will take years, requiring substantial investments in transformative technology…
Shipping Losses Continue to Fall
Large shipping losses have declined by 38 percent overall in the past decade, according to the Safety & Shipping Review 2018 by Allianz Global Corporate & Specialty (AGCS).Further, the number of total losses declined by 4 percent to 94 last year, the second lowest number in a decade.“Insurance claims have been relatively benign, reflecting improved ship design and the positive effects of risk management policy and safety regulation over time,” says Baptiste Ossena, Global Product Leader Hull & Marine Liabilities…
NYK Auto Logistics Pact with Adani Logistics
NYK Auto Logistics India (NALI), an NYK Group company, signed an agreement with Adani Logistics(ALL) to form a joint venture that specializes in the transportation of finished vehicles using automobile freight trains.The automotive production volume is expected to further increase in India, and there is increasing demand for transporting vehicles by rail, which places less of a load on the environment.NALI currently provides an integrated transport service for finished cars in India…
Dubai Maritime City Authority to Develop UAE’s Maritime Sector
The Department of Transport in Abu Dhabi signed a Memorandum of Cooperation (MoC) with the Dubai Maritime City Authority (DMCA) with an aim to promote the development, consolidation and regulation of the maritime sector based on competitiveness, sustainability, excellence and innovation.The MOC is a result of relentless efforts by both parties to establish effective strategic partnerships to elevate the UAE’s position as one of the world’s best maritime centers.The agreement was signed by Sultan Ahmed bin Sulayem…
McAllister Christens Tug Pair in NYC
There's nothing like New York City for a maritime event, and McAllister Towing and Transportation Co., Inc., one of the historic family-run companies serving the industry for more than 150 years, held a signature ceremony and party last night at Pier 16 in Manhattan with the christening of two tugboats, the Rosemary McAllister and the Capt. Brian A. McAllister, both ABS classed FiFi 1 with propulsion systems meeting EPA Tier 4 emission regulations: 3516E Tier IV Caterpillar engines…
Jamaica Passes Bill to Manage Ballast Water Carried By Ships
The House of Representatives passed the Ballast Water Management Bill, which is aimed at protecting Jamaica’s marine environment, said Jamaica Information Service, a government agency. The legislation seeks to implement measures to prevent ships entering Jamaica’s waters from introducing foreign aquatic species and diseases into the country. The Minister of Transport and Mining, Robert Montague, said the Bill is in keeping with commitments under the Ballast Water Management Convention, of which Jamaica is a signatory.
Singapore Tops World's Shipping Centre Rankings in 2018
Singapore has emerged as the world's top maritime center for the fourth consecutive time in the Xinhua-Baltic International Shipping Center Development Index. "Singapore remains unmoved at the top of the International Shipping Centre Development (ISCD) Index for the fifth successive year, following a benchmark report published today (10 July 2018) by the Baltic Exchange and Xinhua, China’s news agency," said a press release. The index covers 43 of the world’s largest ports and…
LA, Antwerp Partner to Advance Port Technologies
In an effort to spur technology-based innovation in the port and maritime environment, the Port of Los Angeles and Port of Antwerp in Belgium are hosting an international “Hackathon.” The technology competition will take place October 11-13, 2018 simultaneously in the two cities and involve participants from around the world.The Hackathon has been organized under the chainPORT initiative, a collaboration of 12 ports launched in 2015 to digitally connect ports worldwide, share…
Shipping’s Half Year Report: Extra Classes Needed?
With the industry hoping for better “grades” after the “effort” of recent years, this week’s Analysis updates our half year shipping report showing a ClarkSea Index up 9% y-o-y but still below trend since the financial crisis (see Graph of the Week). After comments of “must do better” and “showing potential” in recent years, do the statistics suggest “extra classes” will again be needed over the summer holidays?Progress But No Time To Relax!Our ClarkSea Index (comprising tankers…
Port of Long Beach Receives Zero-emissions Equipment Grant
Cap-and-trade funds electric vehicle demonstrationAs part of its transition to zero-emissions operations, the Port of Long Beach will use a $5.3 million grant from the California Air Resources Board (CARB) to deploy hydrogen- and electric-powered cargo-handling equipment at two shipping terminals.The funds for the Commercialization of POLB Off-Road Technology Demonstration Project (C-PORT) leverage Long Beach’s place as the nation’s second-busiest seaport to test the viability of zero-emissions vehicles that are used on the docks.
Newbuild Spending Dropped Sharply in Q2
Enthusiasm for newbuild orders across most shipping markets has started to wane after more than $10 billion dollars were committed in the first quarter of 2018, according to VesselsValue. The total committed to new deliveries is now the lowest since the start of 2016.Ordering trends in the start of the year were highest in the markets that were seeing the highest returns. This includes the dry bulk and liquefied natural gas (LNG) carrier markets, while interest in the low earnings environment tanker markets was softer.
World Maritime Day Theme 2019: Empowering Women
"Empowering Women in the Maritime Community" has been selected as the World Maritime Day theme for 2019. This will provide an opportunity to raise awareness of the importance of gender equality, in line with the United Nations' Sustainable Development Goals (SDGs), and to highlight the important contribution of women all over the world to the maritime sector. The Council of the International Maritime Organization (IMO), meeting for its 120th session at IMO Headquarters in London, endorsed the theme, following a proposal by IMO Secretary-General Kitack Lim.
HoogTij to Build Deep-sea Quay
The construction of a 900-metre-deep deep-sea quay near the HoogTij business park along the North Sea Canal is set to begin this summer. HoogTij is divided into two parts: a site reserved for port-related companies (the maritime section) and a site intended for land-based companies (the land section). The total area can accommodate 130 hectares of business activity. HoogTij is a project initiated by the Municipality of Zaanstad, Port of Amsterdam and Ontwikkelingsbedrijf Haventerrein Westzaan (the Haventerrein Westzaan Development Company).
Chinese Rescue Diver to Receive IMO Bravery Award
A rescue diver from China who made a series of underwater dives to rescue three people from a sunken cargo ship will receive the 2018 IMO Award for Exceptional Bravery At Sea.A Panel of Judges decided that the rescue merited the highest award. The decision was endorsed by the IMO Council at its 120th session in London (2-5 July).Following a collision with another ship, in Guangzhou Port, China, in the early morning of November 27, 2017, the bulk carrier M.V.Jin Ze Lun sank. Of the 14 crew on board, two were immediately rescued by local maritime authorities but 12 remained missing.
Total Acquires Direct Energie
Total and Direct Energie announce the completion of the acquisition today by Total of 73.04% of the share capital of Direct Energie, for 42 euros per share, representing approximately 1.4 billion euros. This acquisition, which is subsequent to the satisfaction of all conditions precedent referred to in the agreements executed on April 17, 2018 with Direct Energie’s main shareholders, was followed today by the filing by Total of a mandatory tender offer for the shares in Direct Energie which are not yet held by Total, at the same price of 42 euros per share.
OP/ED: How Growth Can Benefit the Environment
You might call 2017 a banner year for California ports. San Pedro Bay, home to the nation's leading twin ports of Los Angeles and Long Beach exceeded their pre-recession peaks. Collectively, San Pedro Bay was up 7.2% from its 2006 peak. It took a decade to get there and while you wouldn't want that sort of annualized growth going forward, it did arguably mark the end of San Pedro Bay's recession dip. More importantly, growth looks to continue in 2018. As of the end of May, year to date container volumes are 3.7% higher over the same period in 2017.
The World Maritime University Celebrates 35 Years
Alongside the 70th anniversary of the International Maritime Organization (IMO), in 2018, the World Maritime University (WMU) is celebrating 35 years. WMU has made a major contribution to global maritime education, research and capacity building. In this respect its legacy has been transformative with its extensive network of leaders in the maritime and ocean sectors, with 4,654 WMU alumni from 167 countries to date. In the early 1980s, the IMO identified a shortage of well-qualified, highly educated maritime experts, particularly in developing countries.
Turi Fiorito to Become New EFIP Director
Turi Fiorito has been appointed as new Director of the European Federation of Inland Ports (EFIP). He will take up his function on 20 August, 2018. Turi Fiorito comes with a solid background in EU policy making and transport, having worked as Transport Policy Advisor for a Dutch Member of the European Parliament, Wim van de Camp. In that capacity, Turi has been working on different port (Port Services Regulation), rail (4th railway package) and inland waterway issues for a number of years.
Kalmar Sells Rough Terrain Handling Business
Kalmar, part of Cargotec, has signed an agreement to sell its rough terrain handling business, Kalmar Rough Terrain Center (KRTC), to the management and a Texas-based investment group, led by Independent Bankers Capital Funds (IBCF) and Congruent Investment Partners, LLC (Congruent). The contract was signed and is effective as of 29 June 2018. Kalmar Rough Terrain Center is a specialised manufacturer of rough terrain material handling equipment for both the defense and commercial markets. It is also a manufacturer and distributor of parts and a service provider to existing equipment.
Gothenburg Port Extends and Renews Green Discount
The Port of Gothenburg has extended and renewed the port tariff discounts for vessels running on liquefied natural gas (LNG). In 2015, the Port of Gothenburg introduced an environmental discount on the port tariff in an effort to increase the number of calls by ships running on LNG. Several major LNG investments have been made since then, including initiatives by a number of Swedish shipping companies. This has had a positive impact on the environment, including reduced emissions of sulphur dioxide, particles and nitric oxide into the air in western Sweden.
HII Appoints Brady as Chief Operating Officer for SN3
Huntington Ingalls Industries (HII) (NYSE:HII) has appointed Sharon Brady chief operating officer of SN3, part of Huntington Ingalls Industries’ Technical Solutions division, effective June 4. In this new position, she plays a leading role in supporting SN3’s current portfolio and developing strategies for growth. Brady has been with SN3 since 2001, serving in various corporate and government contract positions. She most recently served as director of business services for the Savannah River National Laboratory (SRNL)…
Scandinavian Shipping & Logistics Acquires Unitrans
Scandinavian Shipping & Logistics acquires the forwarding company Unitrans. “By this takeover we strengthen our position as a logistics company, both in Sweden and on the global market”, says Björn Eklund, owner of Scandinavian Shipping & Logistics. By the acquisition Scandinavian Shipping & Logistics expands its’ capacity mainly within road transports and at the same time, growing with a visible presence in the south of Europe. The acquisition is part of the company’s investment in strategical growth, which includes plans for more business acquisitions.
Gothenburg Port Renews Port Tariff Discounts for LNG Vessels
As part of the Gothenburg Port Authority environmental discount scheme, vessels that report good environmental performance receive a 10 per cent discount on the port tariff, assuming they achieve a certain level according to the globally recognised environmental indexes ESI and CSI. Vessels that run on LNG receive an extra discount of 20 per cent each time they call. The LNG discount is subject to a time limit and is due to run to the end of this year, although the Port Authority is considering extending the discount period.
Hapag-Lloyd Slashes 2018 Profit Outlook
German container carrier Hapag-Lloyd has cut its profit outlook for the year 2018 amid a challenging and volatile environment for ocean carriers. A Reuters report quoted the shipper saying that freight rates had recovered more slowly than expected while fuel and charter costs had ballooned. The report said that these developments cannot be fully offset by cost saving measures that have already been initiated. Hapag-Lloyd also referred to the uncertainty regarding the development of freight rates in the upcoming peak season as one of the factors for the outlook revision.
IMO On Board
Lifeboat inspection, fire drills, emergency generator training, keeping watch, new friendships, ports, building professional networks, and working far away from home and family. These, and many more, are all part of life at sea, and International Maritime Organization (IMO)'s own Sascha Pristrom is experiencing these during a voyage on the Monaco Maersk ultra large container ship. As 2nd Officer, he is gaining a direct insight into the practical implementation, on a ship, of IMO regulations and guidelines.
Long Beach, Oakland Port Bosses Seek Help
Mario Cordero, Chris Lytle want policy and funding for clean air, infrastructure. Two of this nation’s highest-ranking port executives want continued government support for maritime industry clean air efforts and infrastructure development. They made that pitch this week in Oakland to an audience of 100 at the Pacific Transportation Association. Port of Long Beach Executive Director Mario Cordero and Oakland counterpart Chris Lytle called for government aid and policy direction.