IMO On Board
Lifeboat inspection, fire drills, emergency generator training, keeping watch, new friendships, ports, building professional networks, and working far away from home and family. These, and many more, are all part of life at sea, and International Maritime Organization (IMO)'s own Sascha Pristrom is experiencing these during a voyage on the Monaco Maersk ultra large container ship. As 2nd Officer, he is gaining a direct insight into the practical implementation, on a ship, of IMO regulations and guidelines.
Liverpool2 to Receive New Container Services
Peel Ports’ flagship deep-water container terminal, Liverpool2, will welcome its largest regular caller to date when 2M (Maersk and MSC alliance) introduce a new transatlantic container service to the port beginning July 22, 2018.2M is switching its TA2 service from Felixstowe to Liverpool on a temporary basis. At the same time, Maersk Line’s South American service, Colombia Express, will also start calling at the port of Liverpool, exporting UK goods to Newark.Liverpool will be the final port of call for both weekly services as they head westbound across the Atlantic.
DCA's Doyle: President Trump Supports Strong Infrastructure Projects
In an address to Western Dredging Association (WEDA) stakeholders, William P. Doyle, CEO & Executive Director Dredging Contractors of America told his audience: It all starts with dredging. Good Morning, and thank you for inviting me here today to open-up the conference. This is my first time addressing the Western Dredging Association (WEDA), and I am honored to be here. It all starts with dredging, and President Donald J. Trump is backing it up with critical legislative measures. As I will address later in my remarks– the U.S.
Digital Transformation of Maritime Freight to Reach USD 205bln by 2023
New digitization solutions, such as big data, blockchain, automation, drones, and robotics, are enabling the maritime freight industry to introduce game-changing approaches that will significantly reduce or eliminate non-value-added activities. Over the next five years, maritime suppliers across the value chain will increasingly adopt solutions to address security, overcapacity and accurate cost models, according to new research from ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies.
ZIM, Maersk Line and MSC Partner on Asia-US Trade
ZIM Integrated Shipping Services and the members of the 2M Alliance, Maersk Line and Mediterranean Shipping Company (MSC), announced a new strategic cooperation on the Asia – U.S. East Coast trade.At present, MSC and Maersk Line operate five loops and ZIM operates two loops on the trade.Starting early September 2018, the parties will operate together five loops between Asia and the U.S. East Coast. ZIM will operate one loop while the other four are operated by 2M. The parties will swap slots on all loops.Eli Glickman…
North Carolina Ports Hires Chief Information Officer
North Carolina Ports announced it has hired Bill Corcoran as Chief Information Officer to grow the Authority’s Information Technology department and Business Process area.Corcoran enters his new role as CIO with nearly 30 years of experience in both the IT and maritime industries. Before joining the North Carolina Ports team, Corcoran served as the Senior Vice President of Strategy and Service Management and Vice President of Business Process and Information Technology with Mitsui OSK Lines.
Southern Ports are Getting with The Program…
The In-transit cold treatment program, that is! The dimensions of The Program are remarkable. The Reefer Shipping Market and Forecast 2017/18 produced by Drewry calculated that 79 percent of perishable cargo moved in refrigerated containers in 2016 and only 21 percent on reefer ships. By 2021, reefer containers will carry 85 percent of perishable products, while reefer cargo will reach 134 million tons, Drewry study predicts. One reason for the growth of reefer cargo in containers is the remarkable expansion of the USDA sponsored In-Transit Cold Treatment Pilot program.
Hapag Lloyd: Set for Worst Day Ever After Outlook Cut
Shares in German container shipping company Hapag Lloyd plunged 19 pct, hitting 1-year low, after the company cut its 2018 outlook. Hapg-Lloyd says that these developments cannot be fully offset by already initiated cost saving measures. The firm now sees an EBIT in a range between EUR 200 mln and EUR 450 mln and EBITDA of between EUR 900 mln and EUR 1,150 mln (previous forecast: both clearly increasing). Additionally, FY 2017 EBIT came in at EUR 411mln, and EBITDA at 1,055 mln.
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…
Maersk Rolls Out Digital Freight Forwarding Platform in India
DAMCO, part of A.P. Moller – Maersk, and a provider of end-to-end supply chain management services, announced the launch of its new digital freight forwarding service into India.The new online platform, Twill, provides greater control of shipments by offering instant price quotes and booking, transparency and tracking services, simplified paperwork and proactive customer care.“The shipping and logistics industry today is filled with emails, phone calls and document-heavy processes which can lead to huge delays in getting quotes…
Container Shipping a 'Mixed Bag' - Drewry
South Asia container trade with Europe continues to outpace the Middle East, says Drewry in its Container Insight Weekly report.Container shipments in the combined eastbound Europe to the Middle East and South Asia trade performed well in the first quarter, rising by 5.2 percent year-on-year according to Container Trade Statistics. However, that aggregate rate hides two very different performances by the two destinations. CTS reports that inbound traffic to South Asia soared by 18 percent in 1Q18 to reach approximately 410…
Hyundai Merchant Marine Launches China-Australia Express Service
Hyundai Merchant Marine (HMM) announced that it is launching a new China-Australia express service, under the name ‘A1X (Australia No.1 Express) with carriers Evergreen and APL. The A1X service covers the ports of Ningbo-Shanghai-Yantian-Sydney-Melbourne-Brisbane from August 17 starting its first service at Ningbo on the vessel Hyundai Supreme.Previously, HMM provided the service through a slot purchase from Maersk, MSC, ONE and Hamburg Süd.For the new service, a total of five Panamax (4,600TEU) vessels will be deployed.
Puerto Valparaiso and AAPA Launch the 107th Annual Convention
The event will take place in Valparaiso, Chile, from October 7 to 10, with the presence of AAPA’s Continental leadership.With a postal card of Valparaiso hills as a background, the Empresa Portuaria Valparaiso (EPV) and the American Association of Port Authorities (AAPA) officially launched the 107th AAPA Annual Convention.The event gathered public authorities, executives and clients of EPV at the deck of Muelle Barón, in Valparaiso, Chile. In the occasion, the host of the 2018…
World Shipping Council Says SAR is Shared Responsibility
The containership Alexander Maersk picked up 113 migrants after a request by the Maritime Rescue Coordination Centre in Rome to change the vessel’s course and assist in a Search andRescue operation in international waters on last Friday. The commercial vessel is still awaiting instructions from government authorities to bring those rescued at sea to a place of safety. Ships travelling in international waters are obligated to assist persons in distress under the Safety of Life at Sea (SOLAS) convention.
DAMCO Names Dixit CEO for India, Bangladesh and Sri Lanka
Supply chain management and freight forwarding services provider DAMCO, part of A.P. Moller – Maersk, has announced the appointment of Ashutosh Dixit as CEO for India, Bangladesh and Sri Lanka (IBS) effective from June 15, 2018.A seasoned executive with over two decades of experience in Supply Chain, Ashutosh will lead the next phase of growth for Damco across IBS with a key focus on offering innovative and seamless solutions to customers shipping from and to the IBS markets.Ashutosh comes to Damco from DHL Global Forwarding where he held different leadership positions across functions.
Migrants Rescued by Boxship Land in Sicily
More than 100 rescued migrants from private cargo ship Alexander Maersk, picked up off the coast of southern Italy on Friday, arrived in the southern port of Pozzallo in Sicily on Tuesday. The new Italian government has closed its ports to ships operated by charities in the Mediterranean, saying the European Union must share the burden of disembarking migrants rescued at sea, mostly off the Libyan coast. The Alexander Maersk is a container ship owned by Maersk Line, part of Danish transport and logistics A. P. Moller-Maersk Group, and is not operated by a non-governmental organisation.
Maersk Line to Comply with U.S Sanctions on Iran
Maersk Line, a part of A. P. Moller-Maersk, acknowledged that the United states has announced it will cease its participation in the joint comprehensive plan of action (JCPOA), and re-impose Sanctions on Iran following a wind down period. Maersk will respect U.S. regulation on Iran, and has initiated preparations to ensure compliance before the wind-down period expires. Regarding imports into Iran, acceptance from origins will cease from 1 July 2018. Exports from Iran and loadings from Iran ports are to cease from end-august 2018. Compiled by Reuters Copenhagen Newsroom.
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...
Cosco Shipping Gets US 'Go-Ahead' for OOCL Deal
China’s Cosco Shipping Holdings Co received the clearance of a U.S. national-security review body, removing a major overhang of the USD 6.3 billion deal of taking over Orient Overseas International Ltd (OOCL). According to a Reuters' report, the U.S. Committee on Foreign Investment in the United States had notified it that it does not have any outstanding security issues following an agreement with the U.S. government to divest the Long Beach container terminal business to a third party. Cosco said the U.S.
Haas Named COO at CMA CGM America
CMA CGM America has appointed Tim Haas as its new Chief Operations Officer.Haas leads CMA CGM’s U.S. Operations team from its headquarters in Norfolk, Va. He began on June 25, 2018, and he reports to the Ludovic Renou, President of CMA CGM America.Haas has more than 27 years of experience in shipping, terminal operations and executive management. For 21 years, Haas worked at Maersk, including APMT and Sea-Land, taking on a variety of roles in the U.S. and abroad. Among his assignments…
Rio Tinto Hires CFO Stausholm from Maersk
Major miner Rio Tinto named Jacob Stausholm, formerly CFO of Danish shipping company A.P.
Maersk Taps ABS to Help Improve Cargo Safety
Ocean carrier Maersk Line has selected classification society ABS to help identify and evaluate potential hazards posed from dangerous cargoes stowage on containerships.In order to better understand key risks associated with cargo, ABS lead a workshop that assembled industry stakeholders to conduct a Hazard Identification (HAZID) study to identify hazards associated with dangerous goods stowage on a range of containership designs, many which are not fully addressed by the International Maritime Dangerous Goods (IMDG) Code.
Oldendorff Joins Sustainable Shipping Initiative
Dry bulk ship owner and operator Oldendorff Carriers has become a member of the Sustainable Shipping Initiative (SSI), a coalition of global shipping industry companies working toward a more environmentally sustainable maritime industry.Oldendorff joins other SSI members, including ABN-Amro, AkzoNobel, Bunge, China Navigation, IMC Shipping, Lloyd’s Register, Louis Dreyfus, Maersk, Priya Blue, Rightship and Wartsila, who are working together with NGOs Forum for the Future and WWF…
Oetker Considering Acquisitions to Grow Business
Germany's family-owned Oetker Group has acquisition targets in its sights after selling the Hamburg Süd shipping line to Danish giant Maersk for 3.7 billion euros ($4.28 billion) last year, the company's finance chief said on Tuesday.The deal has created "options for action," Heino Schmidt said, adding that the firm already has its eyes on "desired candidates" for takeovers.Oetker, a diversified group with interests in food, beverages, hotels and other sectors, is confident of matching 2017's sales volume in the foreseeable future via organic and acquisition-based growth, Schmidt told reporter
Maersk Poaches New CFO from Assa Abloy
Denmark's A.P. Moller-Maersk has chosen Carolina Dybeck Happe as its new Chief Finance Officer, it said on Wednesday.Happe will take the position at a time where Maersk is undergoing a strategic transformation from a broader conglomerate including an oil business to a more focused shipping company.The 45-year Swede, who comes from a CFO position at the world's biggest lock group Assa Abloy, will start on Jan. 1 2019 at the latest, Maersk said in a statement.The move comes after…
Hapag-Lloyd Scaling Back Iran Business
German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed sanctions on Tehran.Hamburg-based Hapag-Lloyd, the world's fifth largest container company, said it had initiated a process to stop handling products included in the list of commodities hit by U.S. sanctions, within the required wind down timeline.The group said it did not have any direct services handling Iran volumes of its own…