Aqaba Container Terminal Positions as a Logistics Hub in Jordan
Jordan's Aqaba Container Terminal (ACT), operated by APM Terminals, is making strong progress in its transformation into a transport and logistics hub for the Levant region.The port operating company in Jordan said that this is being driven by improvements in infrastructure, capacity and digital systems spearheaded by the container port.“The port´s new platform and systems enhance Aqaba's competitiveness in the fields of industry and logistics and is transforming it into a logistical gateway for various modes of transportation across the Middle East…
CMA CGM Improves NC Levant Service
CMA CGM has announced the new upgraded service offer NC LEVANT, which directly links the Eastern Mediterranean Sea (Turkey, Egypt, Lebanon) and Northern Europe (Belgium, England, Germany), via Malta, Spain and Italy. The NC Levant service will now provide extended port coverage with a new export call in Tanger Med towards the Levant Sea, and a new import call in Algeciras towards Northern Europe. Transit times offered will be among the best on the market. The upgraded service will also cover the significant ports in the region…
Port Bronka Performed Operational Start-up Phase
Port Bronka, the new deepwater port in St. Petersburg, was opened by mid of December 2015. Regular services started by January 2016. Meanwhile, the port offers a wide range of maritime logistics services including container- , RoRo- and general cargo handling and after little more than half a year the operational start-up phase is successfully completed. Regular container services directly connect Bronka to all main hub ports in North range ports (Hamburg, Rotterdam and Antwerp).
Russia Launches Syria Submarine Strikes
Russian media reports that a Russian diesel-electric submarine operating submerged in the Mediterranean Sea on Tuesday launched Kalibr cruise missiles at Islamic State terrorists’ (ISIL) vital facilities for first time in Syria. Agence France-Presse, citing Russian news agencies, reported that Russian Defense Minister Sergei Shoigu said the military had launched strikes in Syria for the first time from a submarine stationed in the Mediterranean. The 3M-54 Kalibr missiles were launched from the Kilo-class diesel-electric submarine “Rostov-on-Don”…
BIMCO Outlines LIS Week Schedule
BIMCO’s breakfast brief, titled “The Future Of Maritime Security” is aimed at CEOs and Directors who will have an opportunity to hear more on the latest threats facing merchant vessels operating in risk prone areas, how this threat is calculated by the military, and what the industry should be doing to ensure their fleets are best equipped to face any future threats. Giles Noakes, Head of Security at BIMCO said; “With the probability of a reduced military force in the High Risk Area beyond 2016…
200th Anniversary Commemoration of Dual Victory
The crew of USS Constitution commemorated the bicentennial of Old Ironsides' final battle during the War of 1812, her unprecedented dual-victory over Royal Navy ships HMS Cyane and HMS Levant Feb. 20 in Charlestown Navy Yard. Constitution Sailors fired the ship's saluting battery at noon to commemorate the start of the battle, and visitors to the ship received dramatic accounts of the battle from Constitution crew members throughout the day. At sunset, the saluting gun was fired again in commemoration of the conclusion of both the battle and the War of 1812.
“Intra-Mediterranean Container Trades” Update
Dynamar has published “INTRA-MEDITERRANEAN CONTAINER TRADES”, the latest report in its Container Trades and Markets series. Salient details and interesting findings of the new report are discussed here below. Intra-Mediterranean (2014) Container Trades is all about the 170 services operated by 40 different shipping companies deploying 275 container, Ro/Ro and multipurpose ships with container capacities of 400 to 3,000 TEU that populate the intra and coastal all Mediterranean waters.
U.S. Carrier Group Ends 7-month Tour
The George H.W. Bush Carrier Strike Group (GHWB CSG) transited through the Suez Canal marking the end of more than seven months of Maritime Security Operations (MSO) in the U.S. 5th Fleet area of operations (AOO), Oct. 27. Commanded by Rear Adm. DeWolfe Miller, GHWB CSG comprises aircraft carrier George H.W. Bush (CVN 77), Carrier Air Wing 8 (CVW 8), Destroyer Squadron 22 (CDS 22), guided-missile cruiser USS Philippine Sea (CG 58), guided-missile destroyer USS Truxtun (DDG 103) and guided-missile destroyer USS Roosevelt (DDG 80). GHWB CSG deployed Feb.
Crude Falls Below $114 as Iraq Supply Fears Ease
U.S. Brent crude dipped below $114 a barrel on Monday as worries about disruptions to Iraqi crude supplies began to look overdone given that exports have so far been unaffected by a Sunni Islamist insurgency. Brent was down 90 cents at $113.91 by 1336 GMT, off an intraday high of $115.66. U.S. crude for August delivery was down 54 cents at $106.29, after touching $107.45 earlier in the session. The July contract expired on Friday. Traders and analysts said that the rally had faltered as the market was becoming desensitised to the news out of Iraq.
Panama Canal Cruise Season Starts Today
200 Plus Transits Expected. The Panama Canal cruise-line season officially starts today, Wednesday, October 5, and runs through the middle of next year. More than 200 transits of these passenger vessels are expected. The transit of Princess Cruises Island Princess will mark the beginning of the season, traveling for 14 days from Los Angeles, California, to Fort Lauderdale, Florida. According to Jaime Castillo, international trade specialist from the Panama Canal Research and Market Analysis office, at least 205 transits are expected this season.
Maersk New Service and General Rate Increase
Maersk announced a new service between East Med and Central Europe via the Adriatic Sea called Adriatic Levant Express or ALEX. Maersk is deploying two vessels on the new service to offer a solution to the East Mediterranean reefer market with departures from Alexandria (Egypt) and Ashdod (Israel) to Central Europe. ALEX will phase in from Ashdod, 18 November 2009. The rotation will be Alexandria (Egypt), Ashdod (Israel), Koper (Slovenia), Ravenna (Italy), Piraeus (Greece), Limassol (Cyprus), and Alexandria (Egypt).