28497 members and growing – the largest networking group in the maritime industry!

LoginJoin

Wednesday, June 20, 2018

Photo: TNPA

Port of Cape Town to Open Training Center in September

Transnet National Ports Authority (TNPA) has completed the construction of its Maritime Training Center at the Port of Cape Town and the institution will run its first courses in September 2018.TNPA refurbished an underutilized building at the port to house the center, which will offer marine skills development programs and apprenticeships to youth from previously disadvantaged communities and employees within Transnet.The project is part of TNPA’s role as a lead implementer of Government’s Operation Phakisa program which aims to unlock the economic potential of the country’s Oceans Economy.

© Lidian Neeleman / Adobe Stock

Cargill Aims to Cut Ship Emissions 15% by 2020

Cargill Inc aims to cut carbon emissions from its international shipping unit by as much as 15 percent by 2020, to meet U.N. regulations to reduce pollution and demands from some of its food manufacturer customers for more environmentally-friendly operations.The global commodities trader, which was scheduled to announce the emissions goal late on Monday, told Reuters the reduction of CO2 per cargo-ton-mile was targeted at its time-chartered fleet. But overall, Cargill plans to cut total greenhouse gas emissions on an absolute basis across all company operations by 10 percent by 2025.Cargill…

Photo: Carnival

The Bellona Foundation, Carnival Partner in Sustainable Cruising

The Bellona Foundation and Carnival Corporation & plc have signed an agreement to work together to continue improving environmental and sustainability impact. The newly formed cooperation is based on the two parties’ shared vision of an even more sustainable cruise industry in a future zero emission society.The agreement's overall purpose is to contribute to and promote sustainable operations in the shipping industry. The arrangement will focus on solutions, regulations and legislation favoring the use of environmentally friendly vessels for the benefit of the environment…

Chofu Works. Photo: Kobe Steel

NYK Line, Asahi Shipping Sign Contract with Kobe Steel

Nippon Yusen Kabushiki Kaisha (NYK Line)  together with Asahi Shipping, has concluded a long-term contract with Kobe Steel for the transport of coal for up to 20 years aboard a newly built ship. After delivery of the new vessel from Oshima Shipbuilding in 2021, the ship will transport coal from locations outside Japan to mainly the city of Kobe. This ship will be equipped with a diesel engine compliant with a more stringent environmental regulation limiting nitrogen oxide (NOx) emissions — i.e.…

Photo: Bolidt

Bolidt Eyes Polar Cruise Sector

Bolidt Synthetic Products & Systems' position for decking and flooring in mainstream cruise ship and superyacht markets has been quickly converted into a series of business wins in the fast-emerging polar expedition cruise ship sector.The most recent contract for the Dutch manufacturer’s hardwearing, environmentally friendly and visually attractive products covers the Hurtigruten newbuildings, Roald Amundsen and Fridtjof Nansens, two hybrid propulsion expedition cruise ships under construction at Kleven shipyard in Norway.

Logo: FEPORT and PEMA

Terminal Industry Committee 4.0 Established

Recognizing the need for the container terminal industry to prepare for the 4th industrial revolution and to further advance digitalization, an open group of 15 global private container terminal operators and some port equipment manufacturers has recently met in Brussels on 30thMay 2018 at FEPORT (The Federation of European Private Port Companies and Terminals) premises to discuss the current challenges for the cargo handling industry. A press release from Port Equipment Manufacturers…

Photo courtesy of North Adriatic Port System Authority

Venice, A New Generation Port

The port of Venice has been chosen as the Italian case study in the “Next Generation” international conference, which is promoted by AIVP, the International Association of Port Cities, which is meeting from June 11th to 14th in Quebec City, Canada.To celebrate its 30 years of research and in-depth work on the issue of the relationship between the spirit of a port and that of a city in harbor cities, the worldwide network has focused its 2018 conference on “new generation ports”…

SkyRouter (Photo: Blue Sky Network)

Rock Seven and Blue Sky Network Partner

Communications technology and services developer Rock Seven said it has partnered with Blue Sky Network, a provider of mission-critical, satellite-based fleet management, tracking and operational analytics solutions serving private, commercial and government customers worldwide.This long-term cooperation will support growth in Blue Sky Network’s maritime strategy, but additionally has ramifications for clients in the aviation and land sectors.Headquartered in San Diego with a wholly-owned subsidiary in Brazil…

Photo: Navios Maritime Holdings, Inc.

Navios Maritime Partners Adds One Panamax Vessel

Navios Maritime Partners, an international owner and operator of container and dry bulk vessels, announced today that it took delivery of the Navios Altair I, a 2006-built, 74,475 dwt Panamax vessel on June 7, 2018. As previously announced, the vessel was acquired for a price of $11.0 million. The vessel is chartered out at a net rate of $9,844 per day until November 2018. Based on the existing charter and the current rate environment (Clarksons’ 1-year time charter rate for Panamax vessels as of June 1…

Photo: European Union

EU Commission Proposes New Fund for Maritime Economy

For the next long-term EU budget 2021-2027, the Commission is proposing EUR 6.14 billion under a simpler, more flexible fund for European fisheries and the maritime economy. The new European Maritime and Fisheries Fund will continue to support the European fisheries sector towards more sustainable fishing practices, with a particular focus on supporting small-scale fishermen. It will also help unleash the growth potential of a sustainable blue economy towards a more prosperous future for coastal communities.

GAC UK Unveils Sustainability Steps at Volvo Ocean Race

Shipping and logistics services provider GAC UK  announced progress in its efforts to reduce plastic and other waste. As the yachts competing in the Volvo Ocean Race set off on Leg 10 from Cardiff yesterday, Managing Director Herman Jorgensen unveiled practical steps already taken to reduce the company’s impact on the environment. GAC is the official logistics provider for the round-the-world sailing race due to finish in The Hague later this month. Jorgensen had been inspired by the Volvo Ocean Race’s first Ocean Summit in Alicante…

Photo: Port of Dunkerque

Dunkerque-Port Gets “PERS” Certification From Ecoports Network

In line with the commitments of the PA2D (Sustainable Development and Action Plan), Dunkerque-Port has just received the EcoPorts network's PERS certification (Port Environmental Review System), granted by the ESPO (European Sea Ports Organisation). This environmental management certification, specific to the port sector, attests to correct compliance with current rules and standards, and rewards involvement in projects and initiatives for better environmental performance in ports.

© Stockninja / Adobe Stock

Record US Retail Imports Expected this Summer

Imports at the United States’ major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“Consumers are buying more and that means retailers are importing more,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Imports continue to be the primary source of high-quality, mass-produced necessities at affordable prices and will be for the foreseeable future.

Photo: Adriatic LNG

Adriatic LNG Receives 600th Cargo

Adriatic LNG, the company which operates the regasification terminal located off the Veneto coastline, announces the arrival of the 600th carrier, the Al Jassasiya. The carrier left Ras Laffan Port in Qatar, delivering a cargo of about 140,000 cubic meters of liquefied natural gas (LNG), equivalent to nearly 85 million cubic meters of gas. The event was celebrated on the terminal with a brief ceremony that involved the vessel's personnel and Adriatic LNG's staff, including the Operations Manager Fabian Erle, who delivered a recognition to Georgios Pissaris, the Captain of the Al Jassasiya.

Algirdas Šakalys (left) and Thomas Erlandson. Photo: Port of Hamburg Marketing: Project EMMA

Call for Development of Holistic Corridor in Baltic

Development of transport corridors ensures smart and innovative cross-border transport and logistics services on the core transport network of the Baltic Sea Region. The ways to develop the smart North Sea–Baltic, Baltic–Adriatic and Scandinavian–Mediterranean Core Network Corridors in the new Multiannual Financial Framework 2021-2027 were discussed in Tallinn earlier this week. The seminar “Delivering Smart and Innovative Strategic Transport Projects: post-2020 perspective” was organized as a part of the 9th Annual Forum of the EU Strategy for the Baltic Sea Region (EUSBSR).

IACS Chairman Knut Ørbeck-Nilssen (left) and Robert Ashdown, IACS Secretary General. Photo: DNV GL

Chairman of IACS Commends Association’s Achievements

Knut Ørbeck-Nilssen, who will hand over the reins of  International Association of Classification Societies (IACS) in July, examined how the association had evolved during his time as Chairman, while speaking at the Posidonia trade fair in Athens. In an industry undergoing rapid change, the IACS Chairman identified the need for classification societies and IACS itself to be adaptable and prepared for change, while staying true to the core purpose of classification. Ørbeck-Nilssen…

(Photo: Port of Long Beach)

Long Beach Publishes Study on Toyota Terminal Renovation

The Port of Long Beach has released its draft study examining 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 is 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.The public can comment on the draft IS/MND through Tuesday, July 10.Toyota has proposed a plan to streamline its operations at a marine terminal where new automobiles are off-loaded from ships…

Image: Verifavia Shipping

Panama Maritime Authority Authorises Verifavia

Verifavia, the world’s leading emissions verification company for the transport sector (aviation and shipping), announced that it has become the first independent verifier authorised by the Panama Maritime Authority to conduct the International Maritime Organisation’s (IMO) Data Collection System (DCS) verification services for vessels registered in Panama. Through this authorisation granted by Panama, Verifavia will offer its IMO DCS and EU MRV verification services to the world’s largest ship registry – with over 8…

Photo: APM Terminals

APM Terminals Uruguay Inches to Zero Carbon Emissions

APM Terminals Inland Services Uruguay (also known as Montevideo Port Services SA) switched on 648 solar panels this month, capable of producing 228.6 MWh per year, enough to meet up to 90 percent of the facilities entire annual consumption.By switching to their own renewable energy source, Inland Services Uruguay, the largest equipment maintenance and repair provider in the country, will reduce its CO2 emissions by almost 50 tonnes per year. To put this in perspective, according to the United States Environmental Protection Agency it would take around 1…

Wong Kam-sing, Secretary for the Environment of the Hong Kong Special Administrative Region (third from the left) presenting the Gold Award to Ms. Carrie Lee, Group Treasurer of OOCL (first from the left) at the awards ceremony. Photo: OOCL

OOCL Wins Corporate Environmental Leadership Gold Award

Orient Overseas Container Line is very honored to be the first carrier in the international transportation and logistics industry to receive the Gold Award at the 2017 BOCHK Corporate Environmental Leadership Awards ceremony held at the Kowloonbay International Trade & Exhibition Centre on 31 May, 2018. This distinguished awards program aims to acknowledge outstanding participating organizations for their efforts in promoting environmental and low-carbon best practices in the…

© Graham Flett / MarineTraffic.com

Cargo Ship Loses 83 Containers off Australia

A cargo ship lost 83 containers over-board during heavy seas off Australia and items including nappies and sanitary pads are washing up on beaches while there are fears the ill-fated containers will pose a hazard for shipping and whales.The YM Efficiency, operated by Taiwan shipping company Yang Ming Marine Transport Corporation, was sailing from Taiwan to Sydney when it encountered 5-metre swells in the Tasman Sea, about 30 km off Australia's east coast late on Thursday."They're 40-foot containers, they sit about a foot or two off the water ...

(Photo: Eric Haun)

CMA CGM Looks to Leverage Artificial Intelligence

French shipping group CMA CGM said it has been working with a San Francisco-based startup on a project to embed artificial intelligence and advanced digital technologies aboard its containerships.The collaboration kicked off in the beginning of 2018 and includes the maritime focused tech startup Shone, which was founded by three French engineers in 2017 to introduce artificial intelligence such as is already found in cars on board ships.Through the partnership, Shone has gained…

© Evren Kalinbacak / Adobe Stock

Oil Tanker Scrapping to Hit Multi-year High

The shipping industry will this year scrap the largest number of oil tankers in over half-a-decade, driven by weak earnings, firm prices for scrap steel and the need to prepare fleets for strict new environmental regulations.The surge in scrapping underscores how the sector is grappling with one of its worst-ever crises, hit hard after rates for transporting oil plunged to multi-year lows in the wake of excess tanker supply and tepid demand as OPEC production cuts bite."The tanker markets are definitely in a trough at the moment…

© tunach17 / Adobe Stock

Singapore Awards Grant to Build LNG Bunker Vessels

Jack Gallagher (Photo: Gallagher Marine Systems)

Obituary: Maritime Industry Icon Jack Gallagher

John “Jack” J. Gallagher, a maritime industry veteran and environmental services pioneer, passed away on Monday at the age of 89.Jack’s greatest professional passion was his work as a Spill Manager/Qualified Individual, a role in which he had few peers. Jack was known to be fiercely committed to doing everything morally possible to protect his clients, while at the same time doing all within his power to protect the environment. He attended and helped shape the outcome of more maritime casualties and oil spills than can be remembered.Over the course of his long and fruitful career…

(Photo: d’Amico Group)

d’Amico Group to Open Fleet Operations Center in Rome

d’Amico Group will build a new fleet digital operating center in Rome, Italy that will help the dry cargo and tanker shipping company to boost efficiency and safety across its fleet through increased collection of performance details and data from its ships.The new center, which is being created through a partnership with RINA and Telemar, is part of the trend toward increasing digitalization within the maritime industry. In addition to providing d’Amico Group with intelligence about operations on which to base strategic business decisions and operational improvements…

(Photo: Eric Haun)

Seaspan Recognized for Environmental Stewardship

Seaspan was recognized as a recipient of the Blue Circle Award at an Awards Ceremony in Vancouver last night, presented by the Vancouver Fraser Port Authority (VFPA). The Blue Circle Award recognizes marine carriers that excel in environmental stewardship and attain the highest participation rates in the Vancouver Port Authority’s EcoAction Program.“We’re very proud to be recognized by the VFPA for our efforts. As a leader in the marine industry, we firmly stand behind our commitment to care for the environment…

President Trump and President Macron in April 2018 (Official White House Photo by Shealah Craighead)

France's Macron Calls for Global Trade Reform

French President Emmanuel Macron on Wednesday said it was time for the world's biggest economic powers to start talks on reshaping World Trade Organization rules to prevent current tensions spiraling into trade wars.Macron's comments before the Paris-based Organization for Economic Cooperation and Development (OECD) came as the European Union faced less than 48 hours to win an exemption from U.S. tariffs on European aluminium and steel."This is about a complete update of global competition rules…

(Photo: Airobotics)

Video: Autonomous Drones Aid Port Construction

An Israeli startup has partnered with Shapir-Ashtrom to survey the construction of Haifa’s new $1 billion seaport, Gulf Port, intended to further develop Israel’s coastline areas and increase maritime traffic and international commerce.With this collaboration, Airobotics, which claims to have built the world’s first fully automated drone, is implementing the first technology of its kind for industrial spaces and is working closely with Israel’s top construction and civil engineering companies…

Photo:  International Maritime Organization (IMO)

Spotlight on Women in Maritime Security

"The bottom line is that doubling your talent pool just makes sense", said Chris Trelawny,  International Maritime Organization (IMO)'s special Adviser on Maritime Security, as he opened the Women in Maritime Security conference held at IMO Headquarters (24 May). Women are increasingly present at sea, as they defy traditional expectations. Their full and meaningful participation in the economy, political decision-making, and society is key to addressing maritime challenges, but gender equity in the maritime space is too often overlooked.

Photo: CMA CGM

CMA CGM Sets Surcharge to Offset Fuel Price Surge

French shipping group CMA CGM said on Friday it would introduce an exceptional surcharge after its first quarter earnings were hit by a sharp rise in bunker fuel prices.The move comes after Maersk Line, the world's largest container shipping company, announced a similar "emergency bunker surcharge" earlier on Friday.CMA CGM, one of the world's biggest container lines, did not detail the amount of the surcharge, nor the date of its implementation.Oil prices hit their highest since late 2014 at $80.50 a barrel this month…

© Rafael Ramirez / Adobe Stock

Allianz Expands, Improves Project Cargo Coverage

With an increased demand for large-scale production facility and infrastructure projects worldwide, the transport of high-value, critical equipment to these project sites has become more intricate and complex. To meet this growing need, Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has announced an expanded Project Cargo offering formed by a direct partnership with its Engineering division. Specifically, this new collaborative approach allows AGCS to provide continuous end-to-end coverage for companies managing unique and complicated risks…

Photo: Kalmar

Meet the Digital, Zero Emission Cargo Solution

Kalmar, part of Cargotec, and Yara entered into an agreement in which Kalmar will deliver fully autonomous equipment, software and services for a unique, fully digitalized container handling solution at Yara's Porsgrunn facility in Norway. This means that all the necessary operations related to the world's first autonomous and electric container vessel Yara Birkeland will be conducted in a fully autonomous and cost efficient manner, with zero emissions. The order was booked in…

Terry Makewell  (Photo: UKHO)

UK Hydrographic Office Appoints Makewell CTO

The UK Hydrographic Office (UKHO) appointed Terry Makewell to the position of Chief Technology Officer. Makewell has more than 20 years’ experience in leadership positions in government, academia and the creative industries, and will be instrumental in further developing the UKHO as a world-leading center in the marine domain. This will support the UKHO in delivering its vision of becoming the world-leading marine geospatial information agency and hydrographic office by 2020. Makewell  joins the UKHO from the Office for National Statistics, where he held the role of Chief Digital Officer.

I-Tech CEO Philip Chaabane  (Photo: I-Tech)

I-Tech AB Becomes Clean Shipping Index Member

The developer of the barnacle-repelling antifouling ingredient Selektope have become members of the non-profit organization Clean Shipping Index (CSI). Through its membership, I-Tech AB will encourage environmentally responsible decisions around antifouling coating procurement to users of CSI’s holistic labeling system which ranks the environmental performance of ships. I-Tech will seek to promote the benefits of choosing less environmentally impactful antifoulings and educate CSI users on the impact of coating types…

Bomin Takes the Lead Supplying IMO-compliant Marine Fuel

Germany-based Bomin Group has started delivering ultra-low sulphur fuel oil (ULSFO) as a marine fuel to ships calling in the Amsterdam-Rotterdam-Antwerp region, the company said. The ULSFO marine fuel has a maximum 0.1 sulphur content and complies with regulations on designated Emissions Control Areas (ECAs)as well as the International Maritime Organization's (IMO) global sulphur cap in 2020. Coming IMO rules will slash the amount of sulphur emissions that ships worldwide are allowed to burn from 3.5 to 0.5 percent by 2020.

Electric Ferries on Rise: DNV GL

The environmental ambitions of the politicians in Hordaland were very high when it came to cutting emissions from ferry operations. A tender for new ferries, supported by DNV GL, resulted in a record investment of 140 million euros in zero-emission technology. When ferries pass the stunning scenery of Norway’s Hordaland County today they leave a sizeable pollution and CO2 footprint behind. Hordaland’s 20-vessel ferry fleet has an average age of 29 years and emits as many noxious fumes as all the buses of the county combined.

Esben Poulsson (Photo: ICS)

Ship Owners See Sulfur Cap Chaos in 2020 -ICS

The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the UN International Maritime Organization (IMO) resolves some serious issues concerning the implementation of the 0.5 percent sulfur in marine fuel cap, which is scheduled to come into effect globally on January 1, 2020.Such chaos would have serious consequences for the movement of the world’s energy, raw materials and manufactured products – about 90 percent of global trade being carried by sea, ICS…

© donvictori0 / Adobe Stock

US Exports to China to Rise amid Trade Talks, but Volumes are Capped

China has pledged to buy more U.S. goods to reduce America's huge trade deficit and help avoid exacerbating a trade war between the world's two biggest economies, with energy and commodities high on Washington's list of products for sale.The U.S. trade war with China is "on hold" after the governments agreed to drop tariff threats and work on a wider agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday. Washington is especially keen to sell more of the United States'…

D.V. Abeysinghe, Managing Director/ CEO of Colombo Dockyard PLC and Hiroki Namikawa, General Manager Energy Infrastructure Project Department of Toyota Tsusho Corporation exchanging the Contracts witnessed by Dr Toru Takehara Chairman of Colombo Dockyard PLC. Photo: Colombo Dockyard PLC

Colombo Dockyard to Build Two Vessels for Iraq

The leader of Shipbuilding Industry in Sri Lanka Colombo Dockyard PLC (CDPLC) has successfully secured a contract with Toyota Tsusho Corporation (TTC) of Japan to build two vessels; Pilot Station Vessel and Buoy Tender Vessel, for General Company for Port of Iraq (GCPI). TTC and GCPI signed the Prime Contract on 27th April 2018 in Dubai. Subsequent to the signing of the Prime Contract, TTC signed the Sub Contract Agreement with CDPLC as TTC’s preferred Shipyard for the construction of these vessels on 2nd May 2018 in Japan.

U.S., China Closer on Trade Pact

The United States and China agreed to take measures to reduce the U.S. trade deficit in goods by having China purchase more American goods - particularly agriculture and energy products, according to a joint statement the two nations released on Saturday. "There was a consensus on taking effective measures to substantially reduce the United States trade deficit in goods with China," the joint statement reads. "To meet the growing consumption needs of the Chinese people and the need for high-quality economic development…

From left, Andy Abbott CEO of ACL, Karen Oldfield and Costantino Baldissara. Photo:  Hafen Hamburg Marketing

The 'Grande Halifax' Christened in Halifax

The Pure Car & Truck Carrier Grande Halifax, owned and operated by the Grimaldi Group, has been christened yesterday in Halifax, New Scotia. Godmother of the new vessel was Ms. Karen Oldfield, President and CEO of the Halifax Port Authority. A ceremony took place at Halterm/Autoport with the presence of a distinguished delegation composed of representatives of civil and maritime authorities, among which the mayor of Halifax Michael Savage, Members of Parliament, the honorary consul of Italy in Halifax Marilisa Benigno…

Image: Kalmar Global

Kalmar Plans to Offer Fully Electric Lineup by 2021

Kalmar, part of Cargotec, announces its commitment to reduce emissions in cargo and material handling operations by fostering eco-efficient technologies. According to the commitment Kalmar's full offering will be available as electrically powered versions by 2021. The target is in line with Cargotec's sustainability roadmap announced in 2016. Innovation has always been at the heart of Kalmar's business. The very first electrically powered machine developed by Kalmar, an electric forklift truck for smaller capacity ranges…

(Photo: SCPA)

South Carolina Ports Achieve Record April

South Carolina Ports Authority announced the highest April container volumes in its history, with growth of 4 percent over the same month last year.SCPA handled 196,439 twenty-foot equivalent container units (TEU) in April. The Port has moved 1.8 million TEUs across the docks of its Wando Welch and North Charleston container terminals since the fiscal year began in July, an increase of nearly 2 percent over the same period last year."Our strong April volumes were driven in part by significant growth of loaded export containers…

File Image (CREDIT: AdobeStock / © Nightman1965)

China Denounces Trade Unilateralism

China's foreign minister on Wednesday took a swipe at the United States' trade policy and defended international free trade on the basis of World Trade Organisation regulations.   "Trade unilateralism goes against the current of history," Wang-Yi said alongside his French counterpart Jean-Yves Le Drian speaking through an interpreter. "We must preserve international free trade on the basis of WTO rules."   The two foreign ministers also agreed to the need to maintain the Iran nuclear deal.   Reporting by John Irish 

Photo: Danish Maritime Authority

DMA: Third Party Liability Insurance Mandatory for Small Vessels

After new regulation, all speedboats with a hull length below 15 m, personal watercrafts/jet skis and similar vessels must now be covered by a 3. part liability insurance. Danish Maritime Authority informed that if the vessel does not have insurance coverage, you are not allowed to operate it. The new requirements regarding mandatory third party liability insurance, strict liability in case of personal injury and loss of pendant as well as wider options for confiscation of vessels have come to into force yesterday (May 15).

Photo: Lloyd's Register

New Online Tool Aids 2020 Sulfur Compliance

The new ‘Sulfur 2020 – Options Evaluator’ from Lloyd’s Register (LR) aims to help the industry identify the best strategy for compliance with the global sulfur in fuel oil limit of 0.50 percent m/m, which comes into effect on January 1, 2020.According to LR, the ‘Options Evaluator’ aims to bring clarity to what the potential cost and investment implications could be for the various compliance strategies, such as transition from fuel oil to marine gasoil (MGO), use of scrubbers…

Photo: Hapag-Lloyd

Hapag-Lloyd CEO Says Market Is Still Challenging

Hapag-Lloyd has completed the first quarter 2018 with earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR 219.4 million, which is an increase compared to the first quarter of the previous year (EUR 135.3 million). The operating result before interest and taxes (EBIT) stood at EUR 53.7 million after three months (first quarter 2017: EUR 7.5 million). The group net result amounted to EUR -34.3 million and thereby EUR 23.8 million over the quarterly result of the previous year (EUR -58.1 million).

(Image: Ecochlor)

Angelicoussis Shipping to Retrofit BWTS on 36 Ships

U.S.-based ballast water treatment system (BWTS) manufacturer Ecochlor, Inc. said it has been awarded a contract to retrofit 36 vessels, including Suezmaxes, Aframaxes, VLCCs, Minicapes and Capes for Angelicoussis Shipping Group Limited (ASGL). Installations are expected to take place between 2018 and 2020 in Singapore, Dubai, Qatar and China.Ecochlor CEO Steve Candito remarked, “Having both IMO and USCG Type Approval were very important factors in the selection process by ASGL.

(Photo: Hapag-Lloyd)

Hapag-Lloyd Delays Recovery Hopes

German container shipping line Hapag-Lloyd reported a higher net profit and operating result in the first quarter of 2018 on Monday, citing better transport volumes, but said earnings improvements would mostly be made in the second half."We have had a solid start into the current year, but the market environment is challenging," Chief Executive Rolf Habben Jansen said."Freight rates have been under pressure, bunker costs and trucking costs in some important markets were up and we faced a weaker U.S.

© Roy Ledford / MarineTraffic.com

US Fines Shipping Company $1 Mln for Pollution Crimes

A Japanese shipping company will have to pay $1 million after being convicted and sentenced for obstruction of justice and falsification of an Oil Record Book to cover-up intentional pollution from bulk carrier M/V Atlantic Oasis.The company Nitta Kisen Kaisha Ltd., owner and operater of the Atlantic Oasis, admitted that its engineers failed to document the illegal discharge of oily wastes from the vessel’s fuel and lubrication oil purifier systems, as well as discharges of oily bilge waste from the bilge holding tank and from the vessel’s bilges when delivering steel products to Wilmington…

© compuinfoto / Adobe Stock

Iran's Oil Customers in Europe Might Reduce Imports

European oil companies are not ruling out reducing Iranian oil imports after the threat of new U.S. sanctions, with some expecting banking issues to hinder trade, but there was no rush to immediately cut volumes.U.S. President Donald Trump said on Tuesday the United States was exiting an international nuclear deal with Iran and would impose new sanctions that seek to reduce oil exports from OPEC's third-largest producer.But as of Friday, companies in Europe said they were still taking Iranian oil.

© joey333 / Adobe Stock

Australia Wants to Recycle Trash from Ships

The Port of Hay Point in Queensland, Australia has kicked off a pilot program to investigate the feasibility of recycling garbage from international ships.Currently, ships' crews separate recyclable garbage on board, but have limited opportunity to offload these materials at Australian ports for recycling. Any garbage that is separated on board is combined when offloaded in Australian ports and has to undergo treatment by autoclave or deep-burial to meet Australia’s biosecurity requirements.

(File photo: Chevron)

Gorgon LNG Faces Scrutiny on Delayed Carbon Capture Project

The state of Western Australia has ordered an inquiry into a delay in burying carbon dioxide emissions at Chevron Corp's Gorgon liquefied natural gas (LNG) project, which could lead to a change in conditions on the project.The state approved the $54-billion Gorgon project in 2009 on the condition that at least 80 percent of carbon dioxide released in its gas processing operations over a five-year rolling average period would be buried."It has become apparent there needs to be a clearly defined start point for the commencement of the five-year rolling average…

© Wojciech Wrzesien / Adobe Stock

Croatia Acts to Cut Red Tape for FSRU Terminal Project

The Croatian government proposed a special law on Thursday to facilitate the construction of an EU-backed liquefied natural gas (LNG) terminal in the northern Adriatic.The floating terminal is expected to start operations in 2020.The European Union wants the facility to help diversify sources of supply and reduce dependence on Russian gas, most notably for countries in central Europe.Brussels will invest 101.4 million euros ($121 million), or 28 percent of the project's assessed value.The law…

Photo: Cargotec

Cargotec, JCE Invest AB Form Joint Bulk Business

Cargotec has signed an agreement with JCE Invest AB to establish a joint venture, Bruks Siwertell Group, specialised in dry bulk handling. The new joint venture will own Siwertell AB (previously part of Kalmar Business Area within Cargotec) and BRUKS Holding AB (previously part of JCE Group). Both companies are world-leading suppliers of bulk materials handling solutions. Cargotec will own 48% of the shares in Bruks Siwertell Group, and JCE Invest AB will own the rest, 52%. The ownerships are included to venturers' consolidated financial statements in accordance with the applicable regulation.

Rolf Habben Jansen. Photo: Hapag-Lloyd AG

Hapag-LLoyd Extends Contract of CEO Rolf Habben Jansen

The supervisory board of Hapag-Lloyd AG has unanimously approved to extend the contract of Chief Executive Officer Rolf Habben Jansen for a further five years until 31 March 2024. “With Rolf Habben Jansen at the head, Hapag-Lloyd has further improved its position as a leading global liner shipping company in a challenging market environment and as an active driver of industry consolidation. The extension of his contract ensures continuity in the corporate management,” said Michael Behrendt, chairman of the supervisory board of Hapag-Lloyd AG.

Record-Breaking Year for the Port of Baltimore

38.4 million tons of cargo handled in 2017; the most since 1979 and the third-highest tonnage in its history.With such a busy port environmental factors have to be considered. The Maryland Department of Transportation, Maryland Port Administration has made significant environmental progress to reduce emissions at the port’s public marine terminals in the last several years, including upgrades of older equipment to newer and more efficient tools.The 2018 GreenPort Congress Conference…

(Photo: Galileo Maritime Academy)

Thailand Emerges as an International Maritime Training Center

Since mid 2015 when MCA first approved a Thailand based seafarer training facility, that destination has experienced growth as a popular focus for both advanced seafarers and also entry level crew to complete STCW 2010 and the new updating STCW courses.Anthony Gould, CEO and major investor in Galileo Maritime Academy, said at the recent launch of their Survival Craft and Fast Rescue Boats training facility in Phuket, “Over the last three years international professional seafarers coming to Phuket…

File Image (CREDIT: AdobeStock / © Nightman1965)

Tightening CA Environmental Regs Could Impact West Coast Supply Chains

In a similar fashion to Gulf coast offshore energy producers who, in some instances, must document and count the environmental impact of their third party standby boats, offshore service vessels and other assets, the ports of Long Beach and Los Angeles could soon be burdened with yet another layer of environmental rules. In Southern California, beneficial cargo owners (BCOs) are bracing for yet another set of regulations; this time as a function of cargo transported to and from warehouses and even off-site intermodal rail yards.