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Sunday, July 5, 2020

G E Shipping News

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Will Container Shipping Woes of the 2010s Repeat?

Reduced volumes are currently posing a major challenge to container shipping due to the COVID-19 crisis. So far, freight rates have been held up by the massive blanking of sailings that carriers have put in place.However, even before this crisis, the container shipping industry was saddled with overcapacity carried over from the previous decade, a problem that will rise again due to the demand fallout from the COVID-19 pandemic.To understand the challenges that the container shipping market will face in the coming years…

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Spring Oil Flood Causes Summer Queues in Chinese Ports

Chinese ports are struggling to unload record volumes of crude with storage tanks full after the country rushed to buy extra barrels during April's oil price crash, according to traders and shipping data seen by Reuters.More than 80 million barrels of crude oil are currently waiting to be discharged from tankers in Chinese ports, Refinitiv Eikon data showed.Half of those are at the Qingdao port area in Shandong province, where the waiting time is two-three weeks or sometimes even longer…

Inchcape Shipping Services CEO Frank Olsen  (Photo: ISS)

Frank About the Future

Inchcape Shipping Services (ISS) CEO Frank Olsen opens up on the challenges of COVID-19, the benefits of a global network, and a fundamental shift in the established ships agency marketplace. Change, he says, is coming.“I haven’t spent this much time in Norway, without international travel, since I was at school,” laughs ISS CEO Frank Olsen over a call on Microsoft Teams.With a career that’s taken in seven years at sea, mostly on RoRos with Wallenius Wilhelmsen, living in Costa Rica (where he briefly captained a dive vessel)…

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Brazil on a Grain Exporting Spree

Brazil is expected to export 11.9 million tonnes of soybeans in June, a 37% rise from the same month last year, as Chinese demand remains strong and ports operate normally amid the COVID-19 pandemic, industry group Anec said on Tuesday.Exports of corn from Brazil are seen at 774,850 tonnes in the month based on shipping data, Anec said in a report.Anec also raised its annual export projection for 2020 to 78 million tonnes of soybeans, up from a prediction of 73 million tonnes in April.Brazil’s July soy exports are predicted to be 7.25 million tonnes while corn sales abroad are estimated at 3.9

(Image: Kongsberg Digital)

Kongsberg Digital Acquires COACH Solutions

Kongsberg announced Wednesday it has acquired Danish software company COACH Solutions, expanding the Norwegian maritime technology company's range of solutions for vessel performance and monitoring.The newly rebranded KONGSBERG COACH Solutions will be integrated within Kongsberg Digital’s Maritime Digital Solutions portfolio, supplying vessel operators, owners, pool managers and technical managers with a suite of software tools for vessel performance, weather routing and noon…

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CMA CGM to Impose Emergency Surcharge at Cape Town Port

CMA CGM, the world's fourth-largest container shipping line, will impose emergency congestion surcharges at Cape Town port in July due to disruptions caused by the coronavirus, it has told customers.From July 1 until further notice, it will impose a surcharge of $550 for 20-foot containers and reefers and a $1,100 surcharge for 40-foot containers and reefers, CMA said in the letter dated June 17 that was seen by Reuters.Western Cape province, which includes Cape Town, is the epicenter of South Africa's coronavirus outbreak…

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SeaMar Awarded Agency Contract from CMA CGM

Frensh shipping company CMA CGM Group has awarded SeaMar with a contract to act as its agent in Port of Amsterdam during the maintenance and repair project of their container ships CC Cayenne, CC Marseille and CC St. Laurent at Damen Shiprepair & Conversion starting end of June 2020.SeaMar said its team will support the containerships during their stay in Amsterdam with full agency and logistic services for both vessel and crew.The CMA CGM Group is a world leader in shipping and logistics. Its 502 vessels serve more than 420 ports on five continents around the world.

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New Zealand Biofouling Study Includes Random Hull Checks

As many as 40 cargo vessels arriving in New Zealand will be subject to random hull checks as part of a study aiming to build a profile of vessels that are most likely to be contaminated with foreign marine species. The ships randomly selected to take part in the survey will be required to undergo a dive inspection and answer questions about biofouling.“Biofouling poses a grave biosecurity risk to New Zealand’s marine environment. We know that nearly 90% of marine pests arrive in this country as biofouling on the submerged surfaces of international vessels…

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Hapag-Lloyd to Halt Waste Shipments to China

German container shipping line Hapag-Lloyd said it had notified customers it will stop accepting cargoes of solid waste, including scrap metal, bound for China that arrive from September 1 onward to comply with new legislation.China in April passed a law, taking effect in September, that holds carriers and importers responsible for the return and disposal of solid waste that fails to meet import requirements.It plans a blanket ban on solid waste imports by end-2020 for environmental reasons."This legislation is applicable to all solid waste cargo such as waste paper, waste plastics, waste meta

Photo: Interferry

Ferry Operators Start to See the Light at the End of the Tunnel

Interferry CEO Mike Corrigan reflects on the crushing impact of COVID-19…but suggests that the gradual easing of travel restrictions offers a turning point on the road to recovery.Last year the ferry industry was riding the crest of a wave. In an end-of-year review, I went so far as to express my belief that the industry had rarely if ever been in such good health. Throughout the developed world, most operators were reporting year-on-year traffic growth and many had set new records for passenger and vehicle volumes.

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Technology Enhances Crew Well-being -Report

A new report published by satellite communications provider Inmarsat examines the ways technology can benefit crew safety, health and wellbeing at sea, at a moment when COVID-19 has exposed the welfare of seafarers to global scrutiny.The report, "Welfare 2.0: How can the next generation of technology enable better crew safety, health and wellbeing at sea?", has been prepared by consultancy Thetius and follows an earlier "Trade 2.0" report focusing on the impact new technologies…

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UK Plans Summit to Address Crew Change Crisis

The U.K. government announced Thursday it will host an international summit next month to address crew change challenges caused by the COVID-19 health crisis.Led by U.K. Maritime Minister Kelly Tolhurst, the virtual event will bring together UN, political and business leaders from across the globe to reflect on the impact of the pandemic on the global shipping industry, and what governments and industry must do to protect the welfare of crew workers around the world. Secretary…

ABS Chairman, President and CEO, Christopher J. Wiernicki (Photo: ABS)

Do Not Set Seafarers Up to Fail, Cautions ABS CEO Wiernicki

“Shipping’s digital revolution must have its roots in the human factor. Expecting today’s shipboard crews to adopt a digital mindset without the right skills puts them in an untenable position and risks safety for everyone.”That is the message from ABS Chairman, President and CEO, Christopher J. Wiernicki, who is marking the 10th annual United Nations Day of the Seafarer with a call to give crews the support they need to succeed in the digital era.“As a whole, our industry still tends to view crews with a 20th-century mindset and to approach their challenges with 20th-century attitudes…

Future Propulsion & Setting the Course to Low-Carbon Shipping

The pace at which the maritime industry transitions to low- and zero-carbon fuels will have the single biggest impact on its global carbon footprint, more than predictable shifts in commodity demand, advances in ship technology and operating practices, or new designs.That is a key finding of a comprehensive new report, Setting the Course to Low-Carbon Shipping, from the American Bureau of ShippingThe report looks at the decarbonization of shipping via two distinct scenarios: a ‘standard’ scenario…

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Geopolitics Dominate the Oil Tanker Market -BIMCO

Developments in the oil tanker market in the past decade dominated by geopolitics, says shipping association BIMCO.Crude oil and product tanker markets alike have faced high volatility in recent weeks and months, largely due to geopolitics and the constantly evolving situation in the global oil markets. The first major disturbance since the fall in the oil price between the fourth quarter of 2104 and first quarter of 2016 came in the fourth quarter of 2019, after which freight rates have bounced back despite a collapse in demand.In these extraordinary times…

(Photo: Berge Bulk)

Berge Bulk Digitalizes Its Procurement

A dry bulk shipping company looking to enhance efficiency, cut costs and create complete procurement transparency has turned to digital procurement through Ligimatic's SERTICA fleet management system.Singapore-based Berge Bulk, which controls a fleet of 70 vessels, including some of the largest in the world, equating to over 10 million DWT, invested in SERTICA in 2014, but has recently added Moscord Marketplace digital procurement to its exiting solution.SERTICA allows Berge Bulk to optimize internal procurement processes…

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Tankers Carrying Venezuelan Oil Stuck at Sea

Tankers carrying nearly two months worth of Venezuelan oil output are stuck at sea as global refiners shun the nation’s crude to avoid falling foul of U.S. sanctions, according to industry sources, PDVSA documents and shipping data.Washington is tightening sanctions to cut Venezuela’s oil exports and deprive the government of socialist President Nicolas Maduro of its main source of revenue.The OPEC member’s exports are hovering near their lowest levels in more than 70 years and the economy has collapsed, but Maduro has held on - to the frustration of the administration of U.S.

MSC Isabella at APM Terminals’ Pier 400 in the Port of Los Angeles (Photo: Port of Los Angeles)

Video: New Container Moves World Record Set in Port of LA

The 18,465 containers moved from the ultra-large container vessel (ULVC) MSC Isabella at APM Terminals’ Pier 400 in the Port of Los Angeles last week set a new world record for most boxes moved during a single port call.The Port of Los Angeles, MSC Mediterranean Shipping Company, APM Terminals Los Angeles and International Longshore and Warehouse Union (ILWU) Locals 13, 63 and 94 set the new record total — equal to 34,263 20-foot equivalent units (TEU) — topping the previous world best by 1…

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Iranian Ship Reaches Venezuela with Cargo of Food

An Iranian ship was approaching the Venezuelan port of La Guaira on Sunday with a cargo of food that will supply the South American nation’s first Iranian supermarket, according to Refinitiv Eikon and Iran’s embassy in Venezuela.Iran supplied 1.5 million barrels of fuel to Venezuela last month amid a collapse of refinery operations and tightening sanctions by the United States that has made it more difficult for Venezuela to obtain fuel on international markets.The Iranian-flagged general cargo ship Golsan, owned by Mosakhar Darya Shipping Co, departed on May 15 from Bandar Abbas.

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China to Be Self-reliant in IMO-compliant Fuel

Chinese refiners have the capacity to produce 18.1 million tonnes of low-sulphur fuel oil (LSFO) this year, which would make the country self-sufficient in the new shipping fuel, an official with state major PetroChina said on Monday.China has been striving to reduce its reliance on bunker fuel imports and is aiming to create its own marine fuel hub to supply northern Asia.About 20 refineries, mostly under state-run Sinopec Corp, PetroChina, CNOOC and Sinochem, installed equipment to produce 0.5% sulfur fuel that meets International Maritime Organization (IMO) rules that came into force at the

(Photo: Stena Bulk)

Stena Bulk Offering Biofuel as an Option

Shipping company Stena Bulk said Monday it is offering low-carbon biofuel as an option for its customers following trials of the cleaner but costlier fuel on board one of its tankers in April.Customers will have options ranging from 20% to 100% biofuels based on an offsetting program where the biofuel is used within the Stena Bulk fleet, Stena Bulk said. This allows customers to make use of low-carbon shipping options regardless of fuel availability on the specific route and without operational disruptions…

(Image: Awake.AI)

'Smart Port as a Service'

A new maritime digitalization solution aims to enable real-time communication and collaboration between sea, port and land logistics operators while providing a capabilities overview that helps users to improve the utilization of their resources. The newly launched Smart Port as a Service from Awake.AI is a real-time collaboration and situational awareness tool that uses artificial intelligence (AI)-based predictions to unlock smarter operational optimization for all maritime actors.

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Singapore Rolls Out 'Maritime Digitalization Playbook'

The Maritime and Port Authority of Singapore (MPA), Singapore Shipping Association (SSA) and Infocomm Media Development Authority (IMDA) have launched the Maritime Digitalization Playbook (MDP), to support maritime companies in accelerating their digitalization plans as the economy reboots and enters a new normal post-COVID-19.Senior Minister of State for Transport and Health, Dr. Lam Pin Min, said, “This pandemic has accelerated digitalization, regardless whether you are a multinational company or a local SME.

Charles Hammond (Photo: Forth Ports)

Nationally Resilient Infrastructure

The coronavirus pandemic has brought the UK's vulnerabilities to the fore. However, breakdown presents an opportunity for breakthrough to create a more resilient UK through COVID-19 recovery, writes Charles Hammond, chief executive of the Forth Ports Group.With the end of the Brexit transition – or negotiating – period six months away, the need for purpose is clearer than ever.Having just completed the construction of a new £250 million Brexit-ready and COVID-19 compliant freight ferry terminal – Tilbury2 – at London’s major port…

(File photo: Wallenius Wilhelmsen)

Wallenius Wilhelmsen Pleads Guilty to Cartel Conduct in Australia

Norwegian shipping company Wallenius Wilhelmsen Ocean AS pleaded guilty to charges of criminal cartel conduct in Australia’s Federal Court on Thursday, following an investigation by the country’s competition regulator.The charges relate to the transportation of vehicles, including cars, trucks and buses, to Australia between June 2011 and July 2012, the Australian Competition and Consumer Commission (ACCC) said in a statement.Wallenius Wilhelmsen was charged with cartel conduct…

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Bunkering at UAE's Fujairah Plummets in May

Ship fuelling activity in Fujairah in the United Arab Emirates, a bunkering and fuel storage hub in the Middle East, fell in May as declining demand was made worse by slowing global trade because of the coronavirus pandemic, four trade sources said.Fujairah's ship refueling, or bunkering, volumes shrank to about 200,000-300,000 tonnes in May, down from average volumes of about 700,000-800,000 tonnes, said the sources with knowledge of the regional trade who declined to be identified."It's all things COVID…