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Saturday, April 17, 2021

Manufacturing News

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BIMCO: U.S. Economic Stimulus Have Worked Magic for Container Shipping

North American import of containerized goods from the Far East soared to a noteworthy high of 1.62m TEU during February 2021, a 100% increase from the low point of the same month last year. Fueled by US stimulus, volumes moving on the trans-pacific trade lane to consumers and businesses in North America thereby defied all obstacles during a month usually characterized by slow activity.In particular, the US economic stimulus packages have worked magic for the container shipping industry…

(Photo: Suez Canal Authority)

Suez Canal Blockage Adds Strain to Global Supply Chains

A stuck container vessel in the Suez Canal, which has blocked the flow of goods through the narrow channel, will add strain to global supply chains already stretched by rebounding economic activity and tight shipping container supplies, analysts said on Friday.The 400-metres long Ever Given container vessel has been stuck in the canal since Tuesday, suspending traffic of containers transporting goods, parts and equipment through the shortest sea link between Europe and Asia.The…

Cheong Tsang becomes the new operations director at Balmoral Tanks’ Thurnscoe, South Yorkshire, facility. Photo courtesy Balmoral Tanks

Balmoral Tanks Appoints Lockwood, Tsang

Balmoral Tanks, a wholly owned subsidiary of Aberdeen-based engineering and manufacturing business, Balmoral Group, announced two senior appointments: Gary Lockwood becomes the new operations director at Balmoral Tanks’ Llantrisant facility in South Wales while Cheong Tsang moves into a similar role in Thurnscoe, South Yorkshire.Lockwood has enjoyed a career across the defence, aerospace and electronic contract manufacturing sectors where he has held responsibility for engineering, operations, program management and business development.

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JAXPORT Bringing More Jobs to Florida

The Jacksonville Port Authority (JAXPORT) in Northeast Florida and Volusia County in Central Florida have signed a Memorandum of Understanding (MOU) that establishes a working relationship to promote each other’s geographical and business advantages. The goal of the partnership is to attract more global businesses to Volusia County, bring more Florida-bound cargo through JAXPORT and create high-wage jobs for Florida.Under the agreement, JAXPORT and Volusia County will work together to attract new distribution…

Microgrid Concept for Inland Port: In the MethanGrid research group DVGW, Rolls-Royce Power Systems and other partners have developed a complete locally coupled energy supply system for the Karlsruhe inland port facility. Electricity, gas, heating, industry and transport - all the current sectors - are coupled by means of this microgrid so that the available energy, including renewables, can be optimally exploited. Image courtesy Rolls-Royce Power System/MethanQuest

MethanQuest: Test Results In for Renewable Hydrogen, Methane as a Fuel

As the maritime industry embarks on 'the path to zero', it is widely acknowledged that there is currently not a 'silver bullet' solution, nor is it likely that a solution will emerge from a vaccum. Collaboration is the path forward, and efforts such as MethanQuest offer promise.The project MethanQuest was launched in September 2018 with 29 partners from research, industry and the energy sector to work on processes for producing hydrogen and methane from renewables and for using them to achieve climate-neutral mobility and power generation.

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China’s One-sided Recovery Drives Iron Ore Market Back Up -BIMCO

In the first two months of 2021, Brazilian iron ore exports have risen by 9.1% to 53 million tonnes, driven by China. So far this year, 35.2 million tonnes of iron ore has been exported to China, representing a 15.2% increase from the same period last year and standing in contrast to slightly declining exports to all other countries: down 1.2% to 17.8 million tonnes, continuing the trend from 2020.Despite the strong growth rates in the first months of this year, total exports of iron ore have failed to recover to 2019 levels following the 21.8% drop in volumes in 2020.

(Photo: Port Houston)

Winter Storm Takes a Toll on Port Houston Volumes

Port Houston reported a dip in container volumes for the month of February after a severe winter storm shut port facilities for nearly a week, bringing cargo movements to a virtual standstill.The lethal storm and impact of sub-freezing temperatures on both commerce and activity at Port Houston resulted in a tough month as vessel calls and terminal activities were suspended. Port Houston—the dominant container port on the Gulf Coast and sixth largest in the U.S.—handled 198,763 twenty-foot equivalent units (TEUs) in February of 2021, compared to 255,474 TEUs in February 2020.

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Strong Offshore Wind Lifts U.S. Maritime, Port, and Logistics Companies

After several false starts, 2021 is the year when the U.S. offshore wind industry begins to realize its potential. This is according to Philip Lewis, Director of Research, World Energy Reports (WER).In an interview with Maritime Reporter TV's Greg Trauthwein, Lewis, whose WER is set to release an intelligence pack that presents a roadmap to the opportunities in the U.S. offshore wind space, says that at least 30 major offshore wind projects are forecast to be developed within this decade.

One of a total of more than 1.6 million Hapag-Lloyd containers (TEU). Image courtesy Hapag-Lloyd

Container Shipping Looks Strong in 2021 - BIMCO

In the full year of 2020, global container shipping volumes fell by 1.2% compared with 2019, much less than feared even before the pandemic was first declared, and much recovered compared with the 6.8% drop recorded in the first six months of the year. Volumes in the second half of the year were up 4.2% from 2019. Much of this growth was concentrated on just a few trade lanes, with congestion and imbalances on these spilling out and causing disruption on other trades.BIMCO expects that 2021 will be even better for container shipping than 2020…

Credit: GEG

GEG to Power Port of Nigg Facilities with Green Hydrogen

In an eventful week in which its Port of Nigg was selected as a turbine foundation marshaling port for the giant Seagreen offshore wind farm, UK-based Global Energy Group said Thursday it had struck a deal to power its Port of Nigg facilities using green hydrogen, to significantly reduce emissions at the site.The company has teamed up with ScottishPower to identify processes and plant at the facility on Cromarty Firth that could be powered by green hydrogen.Green hydrogen will be generated at the Nigg site and used to power heavy plant…

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Far East Container Spot Rates to Brazil Rise 230.5% -BIMCO

What started as a red-hot container market for Far East to U.S. trades has now spread to other routes, with rates from the Far East to Brazil seeing particularly high spot rates, BIMCO says. On January 24, 2021, the base freight rate for a forty-foot container from the Far East to the Port of Santos reached $9,299. Average rates for January are now 230.5% higher than they were in January 2020.Santos is the largest container port in South America, handling 4.2 million TEU in 2019 alone.The red-hot spot market is a result of the imbalance of trade over the past year…

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Equinor Selected for US' Largest Offshore Wind Award

Norwegian energy company Equinor said it has been selected to provide New York State with offshore wind power in one of the United States' largest renewable energy procurements to date.Under the award, Equinor and partner BP will provide 1,260 megawatts (MW) of renewable offshore wind power from Empire Wind 2, and another 1,230 MW of power from Beacon Wind 1, each calling for more than 90 turbines off the coast of Long Island—adding to the existing commitment to provide New York…

Offshore wind farm (Illustration) Credit: magann/AdobeStock

Sen. Schumer Calls for Offshore Wind Turbine Assembly Site to be Built in Brooklyn

U.S. Senator Charles Schumer on Monday joined Public Advocate Jumaane Williams, calling for a creation of a local offshore wind turbine assembly center at Sunset Park, Brooklyn, New York, and calling for the New York State Energy Research and Development Authority (NYSERDA) funding.According to a statement released by the Senator's office, the assembly site would position New York to play a significant role in the offshore wind supply chain, "which could create thousands of jobs…

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Global Cargo Logjam Deepens

Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe.A surge in demand for furniture, exercise equipment and other goods for shoppers sheltering at home in a worsening COVID-19 pandemic has upended normal trade flows.That has stranded empty cargo containers in the wrong places, spawning bottlenecks that now stretch from factories to seaports.

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BIMCO’s Shipping Number of the Week: US imports Christmas Tree Lighting Sets Imports Up 3%

During the first 10 months of the year, the US has imported a total of 151.4 million sets of Christmas tree lights to decorate their homes this holiday season. Although that represents a 3% rise compared with the same period last year, the figure fails to match the record 189.9 million Christmas tree lighting sets that were imported during the first ten months of 2018.BIMCO has closely followed US imports of Christmas tree lights since tariffs were imposed on imports of these from China in September 2018…

Alexandros Strigkos (Photo: Drew Marine)

Drew Marine Launches Cargo Hold Solutions Lineup

Maritime servies firm Drew Marine announced it will launch a new cargo hold solution product segment, and that Alexandros Strigkos has been named as the Global Market Manager of the product segment.With its recent acquisition of CHEMO Hellas, a Greece-based company, Drew Marine added a number of products, including notably its cargo hold cleaning chemistry and related equipment.Strigkos had long been an important part of CHEMO’s cargo hold business. He has expertise in the technology…

Indonesian President Joko Widodo - (File Photo: Indonesian Presidency)

Indonesia Inaugurates $3B 'Strategic' Port

Indonesian President Joko Widodo inaugurated the Patimban sea port in West Java on Sunday, saying the new gateway would have a "strategic" role in boosting the nation's pandemic-hit economy.The 43.2 trillion rupiah ($3.07 billion) port in the town of Subang, 140 km (90 miles) east of the capital Jakarta, is one of the government’s priority infrastructure projects, designed to boost Southeast Asia's largest economy and relieve pressure on Jakarta’s congested Tanjung Priok port.Speaking via link from the state palace…

Victaulic appointed Rick Bucher as Chief Executive Officer.

Bucher Named CEO at Victaulic

Victaulic appointed Rick Bucher as Chief Executive Officer, succeeding John F. Malloy, effective January 31, 2021. Dr. Bucher was named President of Victaulic in April of 2020, following a June 2019 appointment as Chief Operating Officer. Prior to joining Victaulic in 2009 as Vice President of Engineering, Dr. Bucher worked for 15 years for W.L. Gore, a manufacturer of technologically advanced composite materials. Dr. Bucher received a B.S. and M.S. in engineering from Rice University and a Ph.D. in material science from Virginia Tech.Dr.

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Baltic Index Rises to Highest in Six Weeks

The Baltic Exchange's main sea freight index rose to its highest since early November on Tuesday, helped by stronger rates across vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up by 38 points, or about 3%, at 1,273, its highest level since Nov. 2.The capesize index rose 102 points, or 6.9%, to 1,583, its highest since Nov.

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Partners Developing Electric, Hydrogen and Automation-ready Terminal Tractors

Working to address growing demand for environmentally sustainable terminal tractor solutions in port, terminal and distribution center markets, Hyster-Yale Group and Capacity Trucks are joining forces to codevelop electric and hydrogen-powered terminal tractors with automation-ready capabilities. Having signed a memorandum of understanding, the partners say initial prototypes are targeted to be available in 2021 for market testing.The collaboration leverages each company’s product expertise in the global material handling solutions market…

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China's Exports Pinched by Global Shortage of Shipping Containers

China's world-beating economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers, sending cargo costs to record highs and hampering manufacturers in filling fast-recovering global goods orders.Exports from China surged 21% in November from a year ago as the country's mammoth industrial engine cranked out mountains of appliances, toys, clothes, personal protective equipment, and other items currently in high demand around the world.But…

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US Maritime Industry Seeks $3.5 Billion in COVID-19 Relief

In a joint plea to Congressional leadership and Treasury Secretary Steven Munchin this week a host of maritime transportation entities asked that $3.5 billion in COVID-19 relief funding be made available for the U.S. maritime transportation sector, citing “significant hardships” and “unique and unexpected challenges” posed by the COVID-19 pandemic.The letters ask Congress and the Administration to take immediate action to provide the whole of the maritime transportation system…

Nick “Nicky” Giarratano (Photo: DSC Dredge)

Giarratano Named VP of Manufacturing for DSC Dredge

Nick “Nicky” Giarratano was promoted to Vice President of Manufacturing of DSC Dredge, LLC.Giarratano has severed  more than 24 years in various roles in both engineering and manufacturing. He started his career at DSC drafting and designing dredging equipment but quickly moved up the ranks to Project Manager and his latter post of Production Manager, to most recent Director of Production.In his new role Giarratano will oversee the manufacturing operations and logistics for all DSC properties, including both the overall facilities and teams in Reserve, La.; Poplarville, Miss.

Jonas Tegström (Photo: MJP)

Marine Jet Power Hires Tegström as CEO

Swedish-based waterjet propulsion systems supplier Marine Jet Power (MJP) said it has appointed Jonas Tegström as chief executive officer to succeed interim CEO Claes Rudling, who will resume his position on the board of directors.Tegström brings more than 20 years of senior management experience, including strategic development, plan execution and manufacturing expertise. Most recently Tegström served as the CEO of Orio AB, the former after sales company of SAAB Automobile, where he led a major restructuring.“I am honored and excited to join the MJP team,” Tegström said.

Credit: Equinor

"Hundreds of Jobs" - Equinor Picks Port of Albany for Offshore Wind Tower Making Facility

Norwegian energy company Equinor has proposed the Port of Albany, in upstate New York, as the first offshore wind tower manufacturing facility in the  U.S."Developed jointly with leading wind industry manufacturers Marmen and Welcon, Equinor stands ready to transform the port for manufacturing offshore wind towers and transition pieces (TPs), creating up to 350 direct jobs in the region," Equinor said.The Port of Albany extension initiative is part of the bid Equinor submitted…

(Photo: Port of Portland)

Port of Portland Aims to Add Jobs

Oregon's Port of Portland has set out to develop a thriving jobs center.The Port of Portland Commission unanimously approved a Master Development Agreement (MDA) with Specht Development Inc. and Colas Development Group (CDG) to manage land in Gresham for marketing and development services. As part of this MDA, the port is implementing a new framework focused on diversity, equity and inclusion (DEI) by leveraging its real estate assets to create a more equitable and prosperous region.This DEI framework will be implemented at the Gresham Vista Business Park…