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Monday, September 23, 2019

New Zealand News

Image: Port Nelson

Port Nelson Reports Continued Steady Growth

New Zealand Port Nelson said that continued growth in cargo volume has contributed to the port's delivering an operating profit of $30.5 million for the 2018/2019 financial year.This is an increase of $3.4 million compared to the $27.1 million reported in 2018. Net Profit After Tax, including a $2.6 million increase in the valuation of investment property, was $15.3 million.In consideration of the steady growth of the region’s exports through the port and the promising returns on investments…

Photo: Damen

Port Napie Orders Damen Tug

Napier Port, the third largest port on New Zealand’s North Island, has placed an order with Damen Shipyards Group for an Azimuth Tractor Drive (ATD) Tug 2412 Twin Fin for delivery later this year.The contract was signed by Sjoerd de Bruin, sales manager Pacific for Damen and Napier Port CEO Todd Dawson at Napier Port main office.Napier Port is currently developing a sixth wharf which, at 350 meters long, will be capable of handling the larger vessels that are expected to access the port in the near future.

Pic: Port of Tauranga

Port of Tauranga Posts Record $100mln Profit

The Port of Tauranga,  the largest port in New Zealand, reported profit after tax of more than $100 million for the first time.Group net profit was 6.7 per cent up on the previous year at $100.6 million, fulfilling previous earnings guidance of delivering at the upper end of $96 million to $101 million.The port handled close to 27 million tonnes of cargo, an increase of 10.2 per cent in volume, with container cargo growing 4.3 per cent to more than 1.1 million TEUs, or twenty…

Image: Napier Port

Napier Port Lists on NZX

New Zealand's Napier Port successfully completed its $234 million initial public offer (IPO) with a listing ceremony at the Port’s Breakwater Road site in Napier.After ringing the bell to welcome in trading of the Port’s shares on New Zealand Exchange (NZX) under the ticker ‘NPH’ on August 20, Chairman Alasdair MacLeod said the success of the IPO would allow investment in the infrastructure necessary for the Port to extend its 150-year record of supporting economic growth in the region.“Today is the culmination of a 5-year journey that has seen the Port…

Photo: David Vargas/Lindblad Expeditions

MTR100: #3 Sven Lindblad, Lindblad Expeditions

The editors of Marine Technology Reporter are pleased to share that Sven Lindblad, Lindblad Expeditions, is #3 in the 14th Annual "MTR100". The full  electronic edition of Marine Technology Reporter is available at https://magazines.marinelink.com/nwm/MarineTechnology/201907/.Intrepid explorer and wildlife photographer Sven Lindblad blazed the trail for environmentally sensitive travelers to Antarctica on Lindblad Expedition’s fleet of cruise ships with National Geographic.You can tell a lot about a man by whom his heroes are…

AdobeStock / © Redindie

China Trade Data Calms Jittery Investors

Stronger-than-expected Chinese export data helped push global stock markets higher on Thursday following a volatile week that had investors scrambling for safety on fears of a worldwide economic pullback.Investors were encouraged by data showing Chinese exports rose 3.3% in July from a year earlier, beating an expected decline of 2%. Chinese imports fell less than forecast, despite the U.S.-China trade war.Markets reacted sharply on Monday after China let its currency weaken beyond 7 yuan per dollar, a surprise move that investors took as retaliation for U.S.

Richard Cornah  (Photo: Association of Average Adjusters)

New Chairman for Average Adjusters Group

Willum Richards hands over chairmanship of the Association of Average Adjusters on its 150th anniversary to Richard Cornah.The Association of Average Adjusters, set for a memorable 150th anniversary after launching the celebrations at its annual general meeting on May 9, 2019, has chosen a new chairman.Willum Richards announced that on the expiry of his two years in office he was handing over the chairmanship to Richard Cornah, one of the profession’s most authoritative personalities.Liverpool…

Image: PSA International

PSA, SATS Mull Multimodal Transport Hub in Singapore

Port and terminal operator PSA International and ground handler and in-flight caterer  SATS have signed a Memorandum of Understanding (MoU) to collaborate in seamlessly connecting their sea and air transport services, with the goal of improving supply chain efficiency and boosting Singapore’s status as a multimodal transport hub.Under the MoU, PSA and SATS will work together on initiatives such as “yard-to-port” data linkages, network extensions between both companies, and enhanced track-and-trace capabilities.

Photo: copyrighted “Hamburg Süd”

Hamburg Süd History is Museum Bound

Hamburg Süd and the International Maritime Museum Hamburg (IMMH) have signed an agreement to catalog and display the historical collection of the shipping company, which was founded in 1871. Using images, ship models, documents and other artefacts from Hamburg Süd’s archive, the project aims to make the history of Hamburg Süd accessible to the general public in the form of a permanent exhibition. There are also plans to organize a special exhibition for 2021 to mark the company’s 150th anniversary.

Pic: Eastland Group

Eastland Port Posts Strong 2018

The commercial shipping port in New Zealand, Eastland Port achieved an annual tonnage throughput of just under 2.9 million tonnes of cargo in the year to March 2019, slightly down on last year’s record-breaking result.“The 12-month period was another very strong year for throughput at Eastland Port with vessels taking this district’s export product to South Korea, Japan, China, and Singapore,” says general manager Andrew Gaddum.In the year to 31 March 2019, 140 ships handled 2,956,071 tonnes of cargo at Eastland Port.

Pic: Dream Cruises

Dream Cruises Welcomes Third Ship

Dream Cruises, a luxury cruise line owned by Genting and based in China welcome “Explorer Dream” in Shanghai as the third ship in its Dream Cruises fleet.Dream Cruises held the christening ceremony for the former SuperStar Virgo at Shanghai Wusongkou International Cruise Terminal. Chinese designer Grace Chen served as the godmother and presented a fashion show with 18 models showcasing her 'Voyage' collection, walking a runway on the Palace Pool Deck."Formerly the “SuperStar Virgo” of sister brand Star Cruises…

Pic: Seabourn

Seabourn Names First Expedition Ship

Cruise line Seabourn has announced that it will name its first new ultra-luxury purpose-built expedition ship Seabourn Venture. The newbuilding is scheduled to be launched at Mariotti Damen Cruise yard in Italy in June 2021.The cruise line said the name is paying tribute to the remote destinations visited by the brand’s expeditions and Ventures by Seabourn excursion programs and the places yet to be explored in the future.Seabourn began offering expedition experiences during its first sailing to Antarctica in 2013 led by a highly qualified…

Now 68 and living in New York City’s West Village, Sven Lindblad hails from Sweden. Early adulthood was in Kenya where he lived until from 1969 to 1977. Nature, wild places and people who understood real survival challenges in Africa shaped his formative years. Photo: David Vargas/Lindblad Expeditions

Explorer Profile: Sven Lindblad

Profiled in the March 2019 "cruise" edition of Maritime Reporter & Engineering News is Sven Lindblad, intrepid explorer and wildlife photographer Sven Lindblad blazed the trail for environmentally sensitive travelers to Antarctica on Lindblad Expedition’s fleet of cruise ships with National Geographic.You can tell a lot about a man by whom his heroes are, whether famous athletes, virtuoso musicians, brave warriors or movie stars. As we age, we choose our heroes by their moral compass…

Image Courtesy US Coast Guard

Fire Breaks out on USCG's Polar Star

It seems the U.S. cannot do enough to fast-track the construction of its new icebreaking fleet, as the USCG announce last night that the 150-member crew of the U.S. Coast Guard Cutter Polar Star fought a fire at approximately 9 p.m. PST Feb. 10 that broke out in the ship's incinerator room about 650 miles north of McMurdo Sound, Antarctica.After initial response efforts using four fire extinguishers failed, fire crews spent almost two hours extinguishing the fire. Fire damage was contained inside the incinerator housing…

Martin Byrne, CEO. Pic: Port Nelson

Port Nelson CEO Martin Byrne to Stand Down

New Zealand's Port Nelson chief executive Martin Byrne has announced he will stand down from his position at the end of September.Byrne commenced the role in January 2004 and has led the organisation through the last 15 years.Over that period cargo volumes have grown from 2.45 million Revenue Tonnes (RT) in 2003 to 3.6 million RT in 2018, container volumes from 44,632 to 121,483 TEU and revenue from $25.4 million to $67.2 million.During the period from 2004-2018 total funds returned to shareholders by way of annual dividends…

Pic: Port of Newcastle

Newcastle Port Becomes First EcoPort in Australasia

Port of Newcastle has become the first port in Australia or New Zealand to commit to meeting global environmental and sustainability standards as set by EcoPorts.The port was this month granted membership of the International EcoPorts network, having completed rigorous assessments to benchmark its environmental and sustainability practices against 120 major ports across Europe, Asia, North America and South America.Developed in 1997, EcoPorts remains the only Environmental Management…

Pics: COSCO Shipping

Cosco Opens New International Hainan-ASEAN Liner Route

The New International Land-Sea Trade Corridor (ILSTC) and COSCO Shipping  'Hainan-ASEAN (Singapore)' Liner Route, co-hosted by Hainan Provincial People’s Government and COSCO Shipping, was launched at Hainan Yangpu Xiaochantan Terminal owned by Hainan Harbor & Shipping Holding.Hainan Governor Shen Xiaoming announced the launch of the maiden voyage.The “Hainan-ASEAN (Singapore)” Liner Route opens a direct passage through which goods from China’s western regions can be shipped southward to Singapore via Yangpu Port…

© victor217 / Adobe Stock

Asian Shares, Oil Fall as US-China Trade Spat Escalates

Asian shares fell to a 2-1/2 week low on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.Fears of a global trade war added to pressure on oil prices, which extended Friday's big fall, while the dollar retreated from near 3-week highs against the safe haven yen.Spreadbetters suggested a subdued start for European shares, with FTSE futures off about 0.1 percent. U.S.

John R. Ballard, Ph.D., is the new Academic Dean and Provost of the U.S. Merchant Marine Academy (Photo: USMMA)

USMMA Names Academic Dean and Provost

The U.S. Merchant Marine Academy at Kings Point (USMMA) announced today that John R. Ballard, Ph.D., has been named the new Academic Dean and Provost at the federal service academy. In this position, Dr. Ballard will serve as the chief academic officer and principal advisor to the Superintendent in all matters relating to the academic program and faculty. He will also co-chair the educational priority working group for the recently released USMMA strategic plan.Dr. Ballard served as a Marine Infantry officer immediately following graduation from the U.S. Naval Academy.

CNCo Vancouver opening ceremony. From left: Graham Clarke, Founding Chairman, VIMC;  Bruce Ralston, Minister of Jobs, Trade & Technology, British Columbia; Chris Daniells, Commercial Director, CNCo; Bernard Huizenga, General Manager, Corporate Business Development, CNCo Americas. Photo: CNCo

China Navigation Company Opens Vancouver Branch

China Navigation Company (CNCo), part of the Swire Group, has expanded its presence in North America by establishing a branch office in Vancouver, Canada.The opening ceremony was graced by Bruce Ralston, Minister of Jobs, Trade & Technology, British Columbia, who unveiled a plaque in the CNCo office located at W Hastings Street.Minister Bruce Ralston said, “The Province recognises the significant contribution that The China Navigation Company makes to the shipping industry worldwide.

Image: Napier Port

New Zealand's Napier Port to Build Additional Wharf

Napier Port’s resource consent applications to build an additional wharf on its container terminal and carry out further dredging have been approved.According to the New Zealand port operator, it is a vital regional asset which supports local business to employ an estimated 27,000 people in Hawke’s Bay.Building 6 Wharf will allow more ships to visit, larger ships to berth and alleviate the growing congestion caused by increasing cargo volumes coming out of our thriving region.Napier…

Image: China Navigation Company

China Navigation Company Opens Shanghai HQ

Swire Group’s shipping arm China Navigation Company establishes presence in Shanghai where it was founded 147 years ago!The China Navigation Company (CNCo) opened its China headquarters officially in Shanghai on 05 November 2018, marking a significant return to its birthplace 147 years ago, and a significant milestone in its history, said a press release from the company.CNCo started operations on the Yangtze River in 1872, operating a modest fleet of Mississippi-style paddle steamers.CNCo is a major global player in the shipping scene today…

Image:  Lyttelton Port Company Limited

NZ Harbour Welcomes its Largest Container Ship

The largest Port in the South Island of New Zealand, Lyttelton Port, has welcomed its largest ever container ship.The Singapore–flagged Rio de Janeiro, which can carry nearly 6000 containers and is the length of about three rugby fields, arrived early Saturday.Lyttelton Port Company (LPC) Chief Executive, Peter Davie said, “The Rio de Janeiro is a new class of ship to call at Lyttelton. She can carry 5,905 twenty-foot equivalent containers (TEUs), while the largest container vessels currently visiting Lyttelton commonly carry 4…

Photo: Damen

Damen Signs with Port Nelson for ASD Tug

On December 10th, Damen sales manager Sjoerd de Bruin signed a contract with Port Nelson CEO Martin Byrne in New Zealand. Damen will deliver an ASD Tug 2411 to Port Nelson in support of the port’s expansion strategy.As part of the expansion, Damen’s client will increase its wharf in order to accommodate vessels up to 280 meters in length. For this, the port requires additional bollard pull. The ASD Tug 2411, with its 70 tonnes bollard pull, will replace two tugs from Port Nelson’s…

Pic: International Maritime Organization (IMO)

Seoul Connects Maritime Capacity-building Activities with IMO

The first regional donor/recipient workshop on maritime Technical Cooperation activities held in Seoul, the Republic of Korea (26-30 November). The workshop built on the long-term resource mobilization strategy for International Maritime Organization (IMO)'s Technical Cooperation activities, approved at the sixty-eighth session of the IMO Technical Cooperation Committee (TCC).According to a release from IMO, this strategy identified a more proactive and methodical approach with regard to generating new resources by encouraging the development of partnerships with Member States…

© Ezume Images/Adobe Stock

Stink Bugs Drive Car Carrier from Port

Biosecurity New Zealand has directed a vehicle carrier to leave New Zealand waters following the discovery of stink bugs and other regulated pests.Biosecurity officers intercepted 3 live and 39 dead brown marmorated stink bugs and 69 other dead regulated stink bugs after the Carmen arrived in Auckland from Europe on Wednesday morning.The vessel was carrying a range of vehicles from Europe and the United States."The interceptions indicated the cargo was likely to be infested with stink bugs.