Polish Fairway Dredging Contract Awarded
A major modernization contract for the deepening and widening of a 62 km section of the Świnoujście – Szczecin fairway in Poland has been awarded to Van Oord and DEME Group subsidiary Dredging International.The investment by the Maritime Office in Szczecin will improve access to the Szczecin seaport and increase the port capacity to handle a growing volume of cargo.The project is a design and build contract to deepen and widen the fairway along a section of approximately 62 km from -10.5 to -12.5 m. The dredged materials will be used to build two artificial islands in the Szczecin lagoon.
Glander International Bunkering Goes to Spain
The marine fuel and lubricant trading firm Glander International Bunkering has opened its seventh office globally and third service point in Europe in Valencia, Spain, to service clients in the Mediterranean and Spanish-speaking regions.As the new Managing Director of the Spain office, Hernan B. Ortiz has officially moved to Valencia from Dubai to assume this new important role.With more than 28 years of industry experience and 9 years within the company, Hernan will leverage…
Bahri Highlights Growing US Presence
Highlighting its growing presence in the U.S., global logistics and transportation company Bahri, represented by its Bahri Logistics business unit, participated at Breakbulk Americas 2018 exhibition for the project cargo and breakbulk industry, held October 2-4 in Houston.The three-day event attracted a number of visitors and exhibitors, including specialized ocean carriers, freight forwarders, ports and terminals, logistics providers, export packers, and road, rail, barge and air transportation companies, among many others.
Record Low Rhine Levels Hampers Barge Trade
Water levels on the Rhine River fell to a record low on Thursday and were forecast to fall even further, hampering oil product barge trading in northwest Europe.Water levels at the Kaub point of the river fell to 31 cm, according to Refinitiv Eikon data, the lowest level in data available since September 1995.Shallow water on the Rhine in Germany means freight vessels cannot sail fully loaded.The river is an important shipping route for commodities including grains, minerals, coal and oil products including heating oil.
Antwerp Port on Track to Record Sixth Year
Belgian port Antwerp said that throughput continues to register growth in the port. After record semi-annual figures, the total throughput after nine months stands at 177,026,550 tonnes – a sharp 6% increase compared with the same period last year.With these results, the port seems to be on track for the sixth record year in a row. The recent wave of investments moreover confirms the port’s appeal and reaffirms its role as a world player.Maritime throughput continues to grow.
Hyundai Merchant Marine to Spend $2.8 Bln on 20 Containerships
South Korea's largest shipping line Hyundai Merchant Marine (HMM) said it will invest 3.153 trillion won ($2.84 billion) for 20 new large containerships to be delivered by June 2021.In June this year, the company signed letters of intent for ship orders with South Korea's top three shipbuilders Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries.DSME and Samsung will build seven and five 23,000 TEU vessels respectively, which are expected to deliver in the second quarter of 2020.
Shippers Cut Ghana Cocoa Export Freight Charges
Shippers ferrying Ghana's cocoa exports to Europe will cut their freight charges by 9.4 percent for the October-September season to compensate the country for recent global bean price falls, the head of the Ghana shippers authority said on Friday.Benonita Bismarck said that from Monday, shippers will charge 35 pounds per tonne for cocoa shipments to Europe, compared with the 39 pounds its members received in the previous season."The reduction in the tariffs was mainly due to recent price volatilities in global cocoa prices.
Borealis to Invest in Port of Antwerp
The Austrian petrochemical company Borealis has announced that it is to build a new production plant on its existing site in Kallo, in the Antwerp port area.According to a press release, the propane dehydrogenation (PDH) plant will use the very latest technology in terms of sustainable production and energy efficiency. With this initiative the port of Antwerp confirms and reinforces its role as the largest chemical cluster in Europe.The intention to build a new PDH plant to convert propane into propylene has been known for some time.
Good start for CETA Agreement
New calculations indicate that last year's trade agreement between the EU and Canada, the CETA agreement, has had a positive impact on trade between the continents and significantly increased exports from the EU to Canada. Shipping companies feel the effect of this.Last year's abolition of virtually all tariffs has improved the business climate between Canada and the EU and led to significantly increased EU-Atlantic exports to Canada. Canada is Denmark's 13th largest trading partner…
Polish Maritime Industry Gathers for Annual Maritime Economy Forum
More than 600 maritime professionals have gathered for the 18th annual Maritime Economy Forum, in the port city of Gdynia in Poland.The forum held at the Pomeranian Science and Technology conference center is now one of the biggest and most influential maritime events in Poland. The event saw representatives from Poland’s ship-building, ports, shipping, manufacturing and small business sectors attend. The forum hosted 30 speakers and witnessed a number of hard-hitting speeches…
Mammoet, PortXL Join to Support Entrepreneurs
Mammoet signed an agreement to join the world’s first port and maritime industry start-up accelerator, PortXL, said a press release.This partnership enables Mammoet to collaborate with established businesses and start-ups active in the maritime sector – working in energy, ports, refineries, shipping and logistics – in an atmosphere of creativity, collaboration and a shared determination to make positive change within the industry.According to the release, experts from Mammoet will provide specialist support to entrepreneurs and innovative thinkers.
Video: CMA CGM Box Ship Smashes Into Dock
A CMA CGM containership plowed head-on into a pier at India's largest container port on Saturday, causing visible damage to the dock.The 336-meter, 10,000 TEU CMA CGM Mumbai reportedly lost steering while attempting to berth at the Jawaharlal Nehru Port,on the west coast of India. Officials said damage to the pier is only minor, and the damage to the ship is unkonwn. No injuries were reported.The Hong-Kong flagged vessel, owned by CMA CGM and operated by Seaspan, was delivered in May this year from Chinese yard Yangzijiang Shipbuilding.
The Ostseekai Welcomes Viking Sky
Cruise ship Viking Sky sailed into the Kiel Fiord on her maiden visit to Kiel early on Tuesday morning, escorted by a water fountain display from a local tug. The ship’s arrival also marks the ninth and final occasion this season on which a cruise ship has visited the port for the first time. Nicole Claus, Cruise Shipping Director of the Port of Kiel, said, “The high number of maiden calls underscores the fact that Kiel, in addition to its function as a base port for cruise shipping, is also being utilized more and more as a jumping-off point for day trips ashore.
Egypt Cuts Fees for Ships Arriving at East Port Said
Egypt will reduce the tariffs on container ships and ferries coming from foreign ports to East Port Said for a period of one year, the Suez Canal Authority said in a statement on Thursday.A 30 percent discount on port, docking and guiding fees will apply for vessels carrying less than 80,000 tonnes while those carrying more than that will receive a 40 percent discount, the statement said.Vessels carrying more than 50 containers will be eligible for a discount of up to 60 percent, but both rates cannot be applied at the same time, it said.The Suez Canal is the fastest shipping route between Eur
Antwerp Port-Europe Traffic Up
Traffic flows between the Belgian port of Antwerp and the hinterland market in Hungary and Austria are increasing continuously. In order to meet the growing demand, the Antwerp Port Authority is promoting the expansion of hinterland connections, especially by rail.Two regular rail connections to Hungary have been established since 2015 and rail services to Austria have been expanded from one to currently three.At a port event held near Vienna on 27 September, leading representatives…
Build It and They Will Buy: The New World of LNG Canada
The first major liquefied natural gas (LNG) project to be approved globally in five years will be built in Canada, but its underlying philosophy appears to be more closely allied to the Australian concept of "she'll be right, mate."The LNG Canada project was given the green light on Tuesday by Royal Dutch Shell, which is leading the $31 billion venture along with partners Petronas, Mitsubishi, PetroChina and Korea Gas.What makes the first export plant on Canada's west coast different…
Singapore Bunkering Hub Ready for IMO 2020
Singapore authorities are taking measures to ensure the availability of low-sulphur marine fuels ahead of upcoming emissions regulations in 2020, Singapore's Senior Minister of State for Transport and Health Lam Pin Min said on Wednesday."(The) MPA is working closely with the industry to ensure that Singapore is ready to supply low-sulphur compliant fuels ahead of 1 January, 2020," said Lam at the Singapore International Bunkering Conference and Exhibition.The Maritime and Port Authority of Singapore (MPA) will make available a list of licensed bunker suppliers of low-sulphur fuels by mid-2019
Piraeus Port Urges Greece to Speed Up Investment Plan Approval
Piraeus Port Authority (PPA), operator of Greece's largest port, wants the Greek government to speed up the approval of an investment plan that aims to attract more business to one of Europe's largest harbours, executives said on Friday.PPA, majority owned by China's COSCO Shipping , is awaiting the green light from Greece's shipping ministry to proceed with mandatory investments based on its concession agreement with the Greek state.Approval of PPA's so-called master investment plan…
Port of Amsterdam to Build Europe’s Biggest Hydrogen Cluster
Nouryon (formerly AkzoNobel Specialty Chemicals), Tata Steel and the Port of Amsterdam have joined together to study the feasibility of a large green hydrogen cluster in the Amsterdam region.According to a press release, the three parties consider green hydrogen as vital for reaching climate targets and building a more circular economy, for example by combining it with emissions from steel manufacture to make new products.As a first step, the parties will study the feasibility of a 100 megawatt water electrolysis facility to produce up to 15…
Optimism in Multipurpose Shipping: Drewry
Surging growth in renewable energy generation around the world and a construction boom in South East Asia that is expected to run for the next 10 years bode well for the once ailing multipurpose shipping fleet.In the latest edition of Drewry’s Multipurpose Shipping Forecaster report we declare that we remain cautiously optimistic on the outlook for the sector. There are some caveats to this optimism as global general cargo demand is forecast to grow at a rate of just 2% per year to 2022…
Milestone LNG Bunkering for Shell and Sovcomflot in Rotterdam
Shell delivered its first ship-to-ship bunkering of liquefied natural gas (LNG) from specialized LNG bunker vessel Cardissa in the Port of Rotterdam on Tuesday, marking a number of key milestones as the maritime sector increasingly turns toward cleaner burning LNG fuel.The bunkering of the Sovcomflot's Aframax tanker Gagarin Prospect with LNG is the first operation under a fuel supply agreement between Shell and Sovcomflot signed in 2017, which helped pioneer the expansion of LNG fuel into the tanker industry and…
Panama Canal Sets Record Annual Cargo Tonnage
The Panama Canal closed its 2018 fiscal year with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5 percent increase from the previous year, the Panama Canal Authority reports.With this tonnage, the Panama Canal surpasses the cargo projections of 429.4 million PC/UMS tons for FY 2018, as well as the 403.8 million PC/UMS tons registered in FY 2017."The Panama Canal continues to exceed our expectations, reinforcing every day the importance of the waterway's expansion and its impact on global maritime trade," said Panama Canal Administrator Jorge L. Quijano.
Maersk Tests Russian Arctic Route
The Danish-flagged cargo ship Venta Maersk, owned by the world's biggest shipping group A.P. Moller-Maersk, has successfully passed through the Russian Arctic, in a trial voyage showing that melting sea ice could potentially open a new trade route from Europe to east Asia.Palle Laursen, the chief technical officer of A.P. Moller-Maersk saying that the cargo vessel has made the journey as a one-off trial. “The trial allowed us to gain exceptional operational experience, test vessel systems…
US Oil Exports to Asia May Slide Further
Rising shipping rates have increased the costs of shipping oil from the United States to Asia and may further the restrict the flow of U.S. oil to the region later this year, multiple trade and shipping sources said on Thursday.Freight rates for tankers that carry crude oil have soared globally, buoyed by peak seasonal demand, weather disruptions and higher bunker fuel costs, the sources said.The cost of chartering a Very Large Crude Carrier (VLCC) capable of carrying 2 million barrels of crude from the U.S.
ONE, Hapag-Lloyd Partner for Feeder Services
Japan's Ocean Network Express (ONE) and Germany's Hapag-Lloyd have agreed to share space on their feeder services.As the first step, the cooperation will cover specific Intra-Europe (BAX, NBS, NPX, REX, SDX, ADX, LEX) and Intra-Asia (BHX, HAS, PID) feeder trade lanes. The carriers have already ushered in a new Intra-Asia service, the Bohai Feeder (BHX) in August and will further introduce a new Intra-Europe service, the North Sea Poland Express (NPX), in mid-October to further…
Novatek, Fluxys to Build German LNG Terminal
Russian gas producer Novatek and Belgium's Fluxys joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a view to building and operating a mid-scale liquefied natural gas (LNG) storage terminal in the port.The envisaged facility is to unlock LNG as a low emission alternative for heavy fuel oil, diesel and LPG in North and Central Europe and the Baltic Sea area.The joint venture (Novatek 49% - Fluxys 51%) intends to build and operate a terminal for receiving and unloading mid-scale LNG carriers…