CLIA: 28.5 Million Cruised in 2018
The global cruise passenger continues at a paced growth around the world with an almost seven percent increase from 2017 to 2018, totaling 28.5 million passengers.According to Cruise Lines International Association (CLIA)'s latest global cruise passenger statistics, the average age for a cruise passenger is 47 years.Research also shows North American travelers continue to embrace cruising with an annual passenger increase of nine percent (14.2 million passengers) in 2018.While the cruise sector represents two percent of the overall global travel industry…
Statement on New Measures to Protect North Atlantic Right Whales
The Chamber of Marine Commerce is issuing the following statement in response to the announcement by Transport Canada and Fisheries and Oceans Canada on shipping mitigation measures in the Gulf of St. Lawrence to help protect North Atlantic Right Whales.Bruce Burrows, President to the Chamber of Marine Commerce, said: “We are pleased that the government has made some refinements to this year’s mitigation measures that will continue to protect the endangered right whales and at…
Crowley Adds Capacity to North Atlantic Puerto Rico Service
Crowley Logistics announced today that it has expanded its North Atlantic network of vessels, adding velocity to customer supply chains operating between the Northeastern U.S., Puerto Rico, the Dominican Republic and the islands of the Caribbean Basin. Specifically, by adding additional capacity with the flat deck barge 455-4 to its rotation, Crowley will further stabilize its North Atlantic-Puerto Rico sailing schedule while increasing cargo capacity. “Earlier this year, we surveyed our customers…
Doubling Down on Domestic Dredging
U.S. Dredgers Weigh in on Infrastructure, U.S. Capabilities and the road ahead.Domestic dredging firms face many challenges in the coming months and years. At the same time, opportunities abound in a market and political climate that seems to beg for infrastructure upgrades, especially when it comes to harbors and inland waterways. Weighing in this edition on all of that – and more – are three U.S.-based dredging firms; Callan Marine, Cashman Dredging, and Weeks Marine.Cranford, NJ-based Weeks Marine, Inc.
Doubling Down on Domestic Dredging
U.S. dredgers weigh in on infrastructure, U.S. capabilities and the road ahead.Domestic dredging firms face many challenges in the coming months and years. At the same time, opportunities abound in a market and political climate that seems to beg for infrastructure upgrades, especially when it comes to harbors and inland waterways. Weighing in this edition on all of that – and more – are three U.S.-based dredging firms; Callan Marine, Cashman Dredging, and Weeks Marine.Cranford, N.J.-based Weeks Marine, Inc.
ZIM Annouces New Asia - America Network with 2M
Zim Integrated Shipping Services (ZIM) has announced the new Strategic Partnership Agreement with the 2M alliance, details of the new improved Asia - U.S. East Coast – Asia network that are now available.Nissim Yochai, ZIM EVP Trans Pacific Trade, said: "The new alignment will enable ZIM customers to enjoy the best of both worlds: ZIM’s highly reputed personalized service, along with the best-in-market infrastructure and product.”The new upgraded network includes 5 services under the ZIM+2M cooperation…
Shipping Losses Continue to Fall
Large shipping losses have declined by 38 percent overall in the past decade, according to the Safety & Shipping Review 2018 by Allianz Global Corporate & Specialty (AGCS).Further, the number of total losses declined by 4 percent to 94 last year, the second lowest number in a decade.“Insurance claims have been relatively benign, reflecting improved ship design and the positive effects of risk management policy and safety regulation over time,” says Baptiste Ossena, Global Product Leader Hull & Marine Liabilities…
Montgomery Named CEO of Ports America
New Jersey-headquartered marine terminal operator and stevedore Ports America Group, Inc. has appointed Mark Montgomery as president and CEO. He replaces former president and CEO, Michael Hassing.Montgomery was previously president and CEO of Ports America Chesapeake (PAC) from 2010 to 2014, and currently serves as a senior advisor and operating partner to the Infrastructure Investing strategy of Oaktree Capital Management, L.P. (Oaktree), where he brings more than 30 years of…
Floating Docks Arrive at Damen's Curaçao Yard
Two floating docks have completed their 26-day voyage across the North Atlantic to Damen Shiprepair Curaçao (DSCu) in the southern Caribbean.The larger of the two is a Panamax-class dock measuring 230 meters by 45 meters for tankers, containerships and other large vessels, while the smaller dock measures 108 meters by 23 meters for all kinds of tugs, workboats and offshore support and anchor handling vessels.The two docks were delivered by the heavy-lift carrier Xin Guang Hua to the Port of Willemstad, Curaçao on April 26, following a trip with more than its share of bad weather.
Port Tampa Bay selected as Port Executive Management Center
The International Association of Maritime and Port Professionals (IAMPE) stated that Port Tampa Bay has been selected as the Port Executive Management Center for the State of Florida. The Port will host advanced educational and training for port executives at the State’s seaports as well as from other ports throughout the Gulf of Mexico. The new center joins centers at the Loeb-Sullivan School at Maine Maritime Academy and the Maine Port Authority (Port of Portland) for providing programs for advanced executive management education and certification.
APL Extends Eagle GO. Guaranteed to Trans-Atlantic and Oceania Network
APL has announced the extension of Eagle GO. Guaranteed to its Trans-Atlantic and Oceania services networks. Shippers who opt for the premium offering will be guaranteed equipment and vessel space on board six US-bound services from 17 European ports, and seven services destined for Australia and New Zealand from 15 Asian ports. Calvin Leong, Chief Trade Officer of APL, said, “In our continued drive to address our customers’ expanding needs, I am pleased to announce the extension of our warmly received Eagle GO.
APL's Eagle GO Service Extended
APL today announced the extension of Eagle GO. Guaranteed to its Trans-Atlantic and Oceania services networks. Shippers who opt for the premium offering will be guaranteed equipment and vessel space on board six US-bound services from 17 European ports, and seven services destined for Australia and New Zealand from 15 Asian ports. Calvin Leong, Chief Trade Officer of APL, said, “In our continued drive to address our customers’ expanding needs, I am pleased to announce the extension of our warmly received Eagle GO.
Proposed NATO Logistics Command Will Be Based in Ulm
A proposed new NATO logistics command aimed at deterring Russia would be based in the southern German city of Ulm, the German Defence Ministry told lawmakers on Tuesday. It said a broad plan for the new Joint Support and Enabling Command (JSEC) would be completed by mid-April, with a formal decision by NATO expected at a meeting of alliance defense ministers from June 7-8. “As a framework nation for the JSEC, we can make a significant contribution to burden-sharing in the alliance,” state secretary in the Defence Ministry Peter Tauber told lawmakers in a letter.
Liverpool’s Battle of the Atlantic Memorial Campaign Plans American Tour
The campaign to build a £2.5m ($3.5m) memorial to the Battle of the Atlantic on Liverpool’s iconic waterfront is planning an awareness raising tour of America after receiving the backing of the British Ambassador to the USA Sir Kim Darroch. The Battle of the Atlantic Memorial (BOAM) campaign wrote to Sir Kim asking for his support and in response the Ambassador has suggested the campaign holds events at the British Embassy in Washington as well as consulates including Chicago, New York, Boston and Atlanta.
Sembcorp Marine to Sell West Rigel
Sembcorp Marine announced that its wholly-owned subsidiary Jurong Shipyard Pte Ltd (JSPL) has signed an agreement for the sale of the semi-submersible rig West Rigel (Rig) to a buyer at a price of US$500 million. Under the terms of the agreement, the Sale is subject to conditions precedent being met by both parties before the delivery of the Rig and the payment of the price. Once the conditions precedent are fulfilled, the buyer will take delivery of the Rig but the Rig will remain in the Company’s yard for certain works to be undertaken for reactivation.
THE Alliance Goes Strengthened Into 2018
After its first year of cooperation, the members of THE Alliance announced the details for their enhanced product effective from April 2018. THE Alliance plans to deploy a fleet of more than 250 modern ships in the Asia /Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea. “After one year of cooperation we are proud to say that our services and the network improved significantly“, said the member carriers Hapag-Lloyd, Ocean Network Express and Yang Ming in a statement.
Algoma Adds Algoma Innovator
Algoma Central Corporation, a leading provider of marine transportation services, today announced that it has taken ownership of the Algoma Innovator from the Uljanik d.d. shipyard in Croatia. The vessel is part of the Company’s Equinox 650’ class of self-unloading dry-bulk lake freighters and is the first new forward mounted boom ship to be built in 45 years. The vessel has been engineered to be a leader in the river class business; it’s forward mounted boom will permit cargo to be delivered into niche spaces allowing greater access and flexibility to customers.
DNV GL Grants AiP for DSIC Shuttle Tanker, Crane Designs
Dalian Shipbuilding Industry Co. Ltd. (DSIC) has received Approval in Principle (AiP) certificates from classification society DNV GL for a new shuttle tanker and a column stabilized crane unit designs. The certificates were handed over at the Marintec China trade fair in Shanghai. Lu Xiao Hui, Vice President and Chief Technical Officer of DSIC, said, “DSIC and DNV GL have successfully collaborated on joint design development and classification for various ship types and offshore units since the 1980s.
Baltic Index Hits Near 5-month High On Improving Vessel Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, touched a near 5-month high on Thursday, driven by stronger demand across vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 46 points to 1,296 points, a level last touched on April 13. The 3.68 percent jump was its biggest in a single day since Aug. 11. The capesize index climbed 176 points, or 7.22 percent, to 2,614 points, a peak not hit since late March.
AVCS Users Urged to Check ECDIS Compliance
Ahead of the IHO’s compliance deadline of August 31, 2017, the United Kingdom Hydrographic Office (UKHO) has urged owners and operators to ensure their ECDIS systems are using S-52 Presentation Library Edition 4.0. Vital to navigational safety, the presentation library in S-52 governs how ENC data is portrayed on ECDIS screens and supports consistent display of navigational information across type-approved ECDIS. The UKHO emphasised that the compliance deadline coincides with…
Canada Orders Ships to Reduce Speed to Prevent Whale Deaths
Certain ships are being ordered to reduce speed because of the deaths of at least 10 North Atlantic right whales in Canada's Gulf of St Lawrence during the past two months, the government said on Friday. The deaths have made 2017 the deadliest year for the endangered marine mammal since scientists began tracking their numbers in the 1980s, researchers said. The ministries of transport and fisheries issued a temporary order for vessels 20 meters or longer to slow to a maximum of 10 knots in the western portion of the Gulf, which stretches from Quebec to north of Prince Edward Island.
Baltic Index Surges on Strong Demand for Larger Vessels
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, notched its biggest one-day percentage gain in five months on Thursday, buoyed by soaring demand for larger vessels. The index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 42 points, or 4 percent, at 1,092 points – the highest since April 28. "We are seeing a seasonal uptick ... This time of the year you basically see the rates improve," said Herman Hildan, analyst at Clarksons Platou Securities.
Eimskip Shifts Sweden Container Route
Eimskip said it will begin calling Helsingborg, Sweden as of May 4 and at the same time cease calling Halmstad. The company’s office in Sweden will also move to the harbor area to be closer to the container terminal and the vessel arrivals. A warehouse will be opened close to the terminal where loading and unloading of containers take place. The last service call in Halmstad is planned for April 27. Additionally, the Helsingborg port, home to the fourth largest container port in Scandinavia…
Samskip Logistics Expands Reefer Portfolio
Samskip is to expand its global refrigerated foods transportation interests once more, announcing plans for Samskip Logistics USA to acquire the activities of New Jersey-based freight forwarder Rimar Consultants Inc. Rimar Consultants is responsible for container business equivalent to between 10,000-12,000 TEU per year, and has developed a customer base over a 35-year company history, largely focused on U.S. seafood and meat exports. Subject to agreement with current owner Richie Maddalena…
Eimskip Gets Finance Deal for New Container Vessels
Eimskip has secured 80% financing of the contract price of the vessels with a 15 year tenor in Euros taken upon delivery. The lender is the German bank KfW IPEX-Bank GmbH. The loan is secured by China Export & Credit Insurance Corporation (Sinosure). On 25 January, Eimskip signed a contract with China Shipbuilding Trading Company Limited and Guangzhou Wenchong Shipyard Co. Ltd. to build two 2,150 TEU container vessels. The contract price of each vessel is approximately USD 32 million and the vessels are expected to be delivered in 2019.
Baltic Index Rises on Improved Capesize Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the second straight day on Tuesday, supported by higher demand for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 19 points, or 2.01 percent, at 965 points. The capesize index gained 106 points, or 8.65 percent, to 1,331 points. Capesize rates are on the rise with average earnings increasing up to about $10…