IMO on Women in Port Management
International Maritime Organization (IMO) is continuing its ongoing efforts to ensure women can reach top ranks in the maritime sector, through its Women in Maritime programme. The latest event was a two-week training course for female officials from maritime and port authorities of developing countries, in Le Havre, France (11-22 June). At the Institut Portuaire d'Enseignement et de Recherche (IPER), 23 female officials from 14 developing countries (Burkina Faso, Cameroon, Chad…
Oil Tight on Libyan Port Struggles
Libyan oil production could face protracted disruption as factions in the east seek to seize control of crude exports, adding pressure to a tight global market. Eastern factions have tried to take over oil exports in the past but have struggled to find buyers because Western nations insist they will deal only with the internationally recognised National Oil Corporation (NOC) based in the Libyan capital of Tripoli. But this has not stopped eastern forces from seeking control of the ports, accusing Libya's western-based government of failing to share revenues fairly.
Barge Frequency to Rise at Marseille Fos
Frequency on the three-per-week container barge service between Fos and Lyon is to be increased to five departures each way, five days per week, from October 1 to meet growing demand for pre- and post-forwarding river links between the French Mediterranean and the Rhone-Saone hinterland. Backed by container lines CMA CGM, MSC and Hapag-Lloyd, the enhancement follows collaboration between the Marseille Fos and Lyon Terminal port authorities, Fos container terminal operators Port Synergy-Eurofos and Seayard…
EnBW: No Impact on Coal Generation from Low Rhine Water
German utility EnBW said on Friday it had enough stocks and rail transport options for the time being to secure coal deliveries from the Amsterdam-Rotterdam-Antwerp port areas while the river Rhine had low water levels. "There are currently no important limitations on our coal receipts via the Rhine," a spokeswoman said in a written response to questions. She said EnBW’s coal plants had rail network connections as well as access to barge ports. On-site coal stocks were well filled, she said.
CMA CGM Founder Jacques Saade Dies at 81
Mr. Jacques R. Saade, founding president of the CMA CGM Group, died on June 24, 2018 at the age of 81, according to the company. Jacques R. Saadé dedicated his life to CMA CGM. An extraordinary visionary and entrepreneur, he made the group into a world leader in the maritime transport of containers, developing the company in more than 160 countries, while maintaining the family dimension with its values. After having left Lebanon to protect his family for Civil War, Jacques R Saadé founded the Compagnie Maritime d’Affretement (CMA) 40 years ago…
Monjasa Expands into Northern Europe and France
Monjasa expands its reach to Northern France and goes from two to three supply vessels in Northwest Europe. Providing a niche market alternative to the Amsterdam-Rotterdam-Antwerp (ARA) bunker hub has proven relevant for a growing number of customers and volumes are increasing. Steadily growing demand in the English Channel allows Monjasa to expand its services to cover Northern France as well. Monjasa is able to cover port areas from Dunkerque, Calais, Dieppe, Le Havre and all the way to Brest.
Several Injured in Grain Silo Blast on the Rhine
An explosion at a grain storage facility in the eastern French city of Strasbourg seriously injured three people on Wednesday morning, emergency services said.It was not immediately clear what caused the blast, which set ablaze the silo located on the banks of the river Rhine, on the border with Germany.The site is owned by agricultural cooperative Comptoir agricole. Local grain brokers said it had a storage capacity of 40,000 tonnes.Comptoir agricole declined to comment.France is the European Union's largest grains producer and exporter.
India Cuts Iranian Oil Imports Ahead of Sanctions
Indian refiners cut imports of Iranian oil last month as they started weaning their plants off crude from the country to avoid sanctions by the United States that are set to take effect in November.India's monthly oil imports from Iran declined to 592,800 barrels per day (bpd) in June, down 16 percent from May, according to data from industry and shipping sources.The United States in May said it would reimpose the sanctions after withdrawing from a 2015 agreement with Iran, Russia…
ICTSI Wins Sudan Port Contract
Philippines-based International Container Terminal Services Inc. (ICTSI) said it has been chosen by the government of Sudan to handle the operations and management of the South Port Container Terminal (SPCT). In a disclosure to the Philippine Stock Exchange yesterday, ICTSI said the state-run Sea Ports Corp. of Sudan (SPC) has confirmed it as the preferred bidder to operate and manage the SPCT under a 20-year concession. ICTSI, controlled by gaming and ports tycoon Enrique Razon Jr.…
Port of Dunkerque Obtains EcoPorts’ Environmental Standard (PERS)
ESPO congratulates Port of Dunkerque (France) for obtaining for the first time EcoPorts’ environmental management standard (PERS). Isabelle Ryckbost, ESPO’s Secretary General, handed over the PERS certificate to Stéphane Raison, CEO of Port Dunkerque, during a special ceremony which took place at the port. “I welcome the PERS certification of Port of Dunkerque which has become the ninth port certified with PERS from France. The Port of Dunkerque is clearly a port that puts environmental sustainability on the forefront.
Germany Maintains Large Trade Surplus with US
Germany's exports to the United States in the first half of this year were worth 24.4 billion euros ($28.3 billion) more than its imports of U.S. goods, data from the Federal Statistics Office showed on Friday.The trade surplus was 100 million euros less than last year, but still meant Germany has the largest trade surplus with the United States than any other country, something U.S. President Donald Trump has vowed to reverse.Germany's trade surplus has also come under attack from the International Monetary Fund…
After Soybeans, EU Touts US LNG Imports to Woo Trump on Trade
The European Union said it was delivering on a deal with U.S. President Donald Trump to buy more U.S. liquefied natural gas (LNG) on Thursday but called on Washington to do more to make its prices competitive.In talks to urge Trump to drop hefty new tariffs last month, the EU's chief executive Jean-Claude Juncker agreed to work to increase imports of U.S. soybeans and LNG to the bloc.The EU has long worked to diversify away from relying on Russia for almost 40 percent of its gas needs by developing LNG infrastructure to access other suppliers like the United States.Whether U.S.
Brazil Police Cracking Down on Cargo Theft
Brazil's federal police sought to arrest some 64 people on Tuesday as part of a cargo theft investigation, police said in a statement, as Latin America's largest economy seeks to gain control over its increasingly insecure highways.The operation, code-named "Transbordo," uncovered a cargo theft scheme involving truck drivers in six Brazilian states, ranging from Ceará in the impoverished Northeast to Sao Paulo in the populous Southeast.
French Union Calls for June 28 Port Action
France's CGT union says it is calling on port workers across the country to down tools on June 28 and join a protest against the policies of the government. Thursday's action coincides with the end of three months of rolling train strikes against the planned overhaul of public rail operator SNCF. Stoppages by port workers can slow the handling of commodities such as oil and grain at French shipping terminals. Reporting by Valerie Parent
CMA CGM Made Merger Approach to Hapag Lloyd
The world's no. 3 container shipping line CMA CGM of France has made an exploratory approach to German rival Hapag-Lloyd over a possible merger as players in the sector hunt for tie-ups to beat depressed conditions, finance sources say.Three finance sources with knowledge of the matter, who declined to be named due to market sensitivity, said CMA CGM had initiated discussions in recent months with Hapag-Lloyd, which is ranked fifth globally, to look into some form of share merger of the two groups."The idea which has been proposed...
Redzic Joins Caterpillar as Digital Enabled Solutions VP
The board of directors of Caterpillar Inc. has appointed Ogi Redzic as a vice president to lead the company’s Digital Enabled Solutions Division (DESD), effective July 30, 2018. He will be based in Caterpillar's Chicago office and report to Group President of Customer & Dealer Support Bob De Lange.DESD is comprised of the company's data analytics group, the enterprise data hub, equipment management tools, Cat Connect technologies and customer experience portals.Redzic takes over for Caterpillar Vice President Julie Lagacy, who has led DESD on an interim basis.
Novatek Ships First LNG Cargo to China via Arctic
Russian natural gas producer Novatek delivered on Thursday the first ever liquefied natural gas (LNG) cargo to China via the Northern Sea Route (NSR) alongside the Arctic coast, which drastically cuts delivery time to Asian consumers.The shipments of LNG from Yamal LNG project via the NSR to China cuts transportation time and costs in comparison to other routes such as Suez Canal.Novatek said a ceremony was held to commemorate the arrival of LNG tankers Vladimir Rusanov and Eduard Toll with cargo capacity over 170…
Diana Shipping Appoints Directors and Executive Officers
Diana Shipping announced that, effective August 1, 2018, the Company increased the size of its Board of Directors from nine to eleven members.The global shipping company specializing in the ownership of dry bulk vessels appointed Christos Glavanis to serve as a Class I Director and appointed Mr. Andreas Michalopoulos, the Company’s Chief Financial Officer and Treasurer, to serve as a Class III director, in each case effective August 1, 2018.The Board has determined that Glavanis is an “independent director” as such term is defined under the Securities Exchange Act of 1934…
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…
US Hits EU, Canada and Mexico with Steel, Aluminum Tariffs
The United States on Thursday said it will impose tariffs on aluminum and steel imports from Canada, Mexico and the European Union, reigniting investor fears of a global trade war as Washington's allies took steps to retaliate against U.S. goods.The move, announced by U.S. Commerce Secretary Wilbur Ross in a telephone briefing on Thursday, ended months of uncertainty about potential tariff exemptions and suggested a hardening of the Trump administration's approach to trade negotiations.It also sent a chill through financial markets…
EIB Backs Marseille Fos projects in €50 Mln Deal
European Union institution the European Investment Bank (EIB) has renewed its partnership with French port Marseille Fos under a €50 million funding agreement to support five key development projects.The projects, which require a total investment of €136 million, include connecting the two existing Fos 2XL deepsea container terminals via a mid-section to provide a continuous quay length of 2.6km. Due to start this summer, the extension will increase capacity by 15-20 percent and…
Ports of Rotterdam, Le Havre, Piraeus Renew Environmental Standard
The European Sea Ports Organisation (ESPO) congratulates Port of Rotterdam (Netherlands), Port of Le Havre (France) and Port of Piraeus (Greece) for renewing EcoPorts’ environmental management standard (PERS). Isabelle Ryckbost, ESPO’s Secretary General, Eamonn O’Reilly, ESPO’s Chairman, and Sotiris Raptis, EcoPorts coordinator, handed over the PERS certificates to the ports’ representatives during the annual ESPO Conference in Rotterdam. “I would like to congratulate the three ports for obtaining once more the environmental standard of EcoPorts (PERS).
Portugal PM Wants Sines Port to Expand, Handle More U.S. LNG
Portugal is seeking to expand its deep-water port of Sines to handle greater liquefied natural gas (LNG) shipments from the United States and elsewhere to offset Europe's shrinking domestic output, Prime Minister Antonio Costa said on Monday.Costa, who spoke at a conference on Portugal-U.S. ties, said the port of Sines, which already has an LNG terminal, could be expanded into a larger hub capable of receiving LNG transhipments, with regasification and underground storage facilities and pipeline connections to the rest of Europe.Portugal and Spain…
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…
DFDS Completes Acquisition of U.N. Ro-Ro
Danish shipping and logistics group DFDS has completed the acquisition of Turkey’s largest operator of Ro-Ro freight ships and will be a major player in the strong and continuously growing trade between the EU and Turkey. In April, DFDS signed an agreement with the owners of U.N. Ro-Ro to acquire the shares in the company, said a press release from the company. “All relevant authorities have now approved the transaction and I am very pleased to announce that on 7 June we completed the deal. U.N.
LNG Trade Grew 10% in 2017 -EIA
Global liquefied natural gas (LNG) trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information Administration (EIA) said on Monday.LNG trade reached 38.2 billion cubic feet per day (bcfd) in 2017, up 3.5 bcfd from 2016 and the largest annual volume increase on record, the EIA said, citing the Annual Report on LNG trade by the International Association of Liquefied Natural Gas Importers (GIIGNL).New liquefaction export capacity commissioned in Australia…