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Thursday, October 18, 2018

Panama News

The latest storm track for Michael. (CREDIT NHC)

Hurricane Michael Races Northeast, Leaving Devastation in Florida

Hurricane Michael, the third most powerful storm ever to strike the U.S. mainland, headed northeast on Thursday, weakened but still set to soak Georgia and the Carolinas after devastating the Florida Panhandle.By 6 AM on Thursday, heavy rain and wind had reached as far north as Charlotte, North Carolina and the Western North Carolina mountains. The center of the storm was located over Augusta, Georgia, moving north rapidly at more than 20 MPH in a north / northeast heading. Charlotte…

File Image: CREDIT CMA CGM

Boxships Buffeted by Competing Calamities

Overcapacity, Fleet Supply, Weakened Earnings, Consolidation – and now – fears of trade wars fuel further uncertainties for an already unsteady boxship climate. MLPro’s Barry Parker digs in to get to the bottom of all of it.The report season for 2018 Q1 corporate results saw an “earnings miss” (reported earnings below consensus forecasts of analysts) for the bellwether of listed container equities, A.P. Moller (APM), with its largest portfolio holding being Maersk Line. In a media telephone interview…

LNG tanker Maria Energy completed the milestone transit traveling from the Atlantic to the Pacific Ocean on July 29. (Photo: Panama Canal Authority)

4,000th Neopanamax Vessel Transits the Panama Canal

The Panama Canal registered the transit of its 4,000th Neopanamax vessel through the Expanded Canal, underscoring the steady growth of the burgeoning liquefied natural gas (LNG) segment – which began transiting the waterway for the first time following the inauguration of the Expanded Canal.The LNG tanker Maria Energy completed the milestone transit traveling southbound from the Atlantic to the Pacific Ocean on July 29."The steady increase in Neopanamax transits reflect our customers’ confidence in the Expanded Canal…

(Photo: GAC)

GAC Opens New Office in Panama

A GAC Group-owned office is now operational in Panama, providing a wide range of shipping services to vessels calling at Panamanian ports or transiting the Panama Canal.Bob Bandos, GAC’s Group Vice President – Americas, said, “As a global ship agency, GAC has a growing base of customers and prospects utilizing the Panama Canal, so it was imperative to set up our own office here. Our expansion into Panama reaffirms the Group’s long-term commitment and investment in the Americas region.

Photo: Georgia Ports Authority

Busy July boosts GPA Container Trade 12.7%

The Georgia Ports Authority moved 378,767 twenty-foot equivalent container units (TEUS) in July, an increase of 12.7 percent, or 42,668 TEUs, compared to the same month last year. It was the second busiest month on record for the Port of Savannah. "July was an incredible start to our fiscal year, with double-digit growth across our container, breakbulk and dry bulk operations," said GPA Executive Director Griff Lynch. In Fiscal Year 2018 (July 2017-June 2018), rail cargo at Garden City Terminal increased by 16 percent (60,000 containers) for a total of 435,000 intermodal rail lifts.

Photo: Port Manatee

Port Manatee, Carver Maritime Ink Long-term Terminal Deal

Port Manatee and Carver Maritime LLC have entered a long-term marine terminal operating agreement for a 10-acre aggregate offloading facility at the Florida Gulf Coast port.The agreement, for as many as 20 years including options, was approved Thursday by the Manatee County Port Authority and ensures property lease payments totaling $1.8 million for the initial five-year term, in addition to wharfage payments for annual cargo throughputs.Carver Laraway, president of Altamont,…

Containerships docked at the Port of New Orleans which is located along the Lower Mississippi River and supports deepening the channel’s depth to 50 feet. (Photo: Port of New Orleans)

Mississippi River Ship Channel Deepening Project Moves Forward

The Mississippi River Ship Channel could be the first port complex on the Gulf Coast to reach a depth of 50 feet now that the Director’s Report has been signed by the U.S. Army Corps of Engineers. Elected officials and industry leaders have long worked to increase the channel’s depth to 50 feet, which is the same depth of the expanded Panama Canal.In signing the Report, Corps of Engineers Director of Civil Works James C. Dalton stated the project is “economically justified and…

Image: International Maritime Organization

IMO Training for Reducing Emissions in Ports

International Maritime Organization (IMO)'s work to promote better understanding of - and steps to reduce - emissions in ports has reached Georgia, at a workshop for regional participants from Georgia, Ukraine and Turkey.The event, in Batumi (10-12 September) focused on how to undertake emissions inventories and calculate emissions, including  GHGs and air pollutants. Participants were also introduced to strategies to address emissions from different sources – such as from seagoing vessels…

Challenger software main menu, taken on board the Hapag-Lloyd vessel Callao Express (Photo: Poseidon Navigation Services)

Poseidon Navigation Services Inks Deal with Hapag-Lloyd

Global container carrier Hapag-Lloyd has appointed Poseidon Navigation Services Ltd as the supplier of all Chart Management Services for the fleet managed by Hapag-Lloyd Hamburg.The appointment, announced after an in-depth evaluation process, starts immediately and will include Poseidon Navigation Services’ ‘Challenger’ software platform which will provide weekly updates for all Admiralty products, both paper and digital.Thomas Gunn, Managing Director at Poseidon Navigation Services…

Juan Kuryla (Photo: Florida Ports Council)

PortMiami's Kuryla Elected Chairman of the Florida Ports Council

At the Florida Ports Council Annual Board Meeting last week in St. Petersburg, PortMiami Director and CEO Juan Kuryla was elected chairman.Kuryla replaces Port Everglades Chief Executive/Port Director Steve Cernak. Port of Palm Beach Executive Director Manuel Almira was elected as vice chairman and Port Panama City Executive Director Wayne Stubbs was elected secretary/treasurer. All positions serve one-year terms.The Florida Ports Council is the professional association of Florida’s 14 public seaports…

© F. Ybancos / MarineTraffic.com

Missing Tanker Docks in Togo after Suspected Hijacking

A tanker with 19 crew members on board has docked at a port in Togo after going missing for over a week in a suspected hijacking off the West African coast, the crew's agency said on Friday.The Ialkani agency and the ship's managers lost communication with the Panama-registered Pantelena on August 14, when it was about 17 miles (27 km) from the port of Libreville, in Gabon.Two Russian nationals and 17 Georgians were aboard the vessel, a dual purpose oil or chemicals tanker managed by Athens-based Lotus Shipping.

Callen Marine's CSD General Eisenhower in action in the port of Galveston, Texas (CREDIT: Callen Marine)

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.

(Photo: Höegh LNG)

LNG Shipping Rates Spike with No Respite Seen Through 2019

The price of shipping liquefied natural gas (LNG) has spiked in September and is likely to remain high next year, buoyed by rising production from new plants and concerns that demand for LNG vessels will outpace supply.The rate for vessels shipping LNG from the Atlantic Basin to Asia has jumped to $90,000 to $95,000 a day this week from $75,000 a day at the end of August, brokers and traders said.Rates, which broadly hovered around $30,000 to $40,000 a day from 2015 to 2017, have risen due to longer distances covered to transport LNG from new terminals in the United States and Arctic Russia…

The Panama Canal transited four LNG vessels in one day, marking a first for the waterway. (Photo: Panama Canal Authority)

Four LNG Carriers Transit Panama Canal in One Day

The transit of four liquefied natural gas (LNG) carriers through the Panama Canal’s Neopanamax Locks in a single day marks a new milestone for the canal and reinforces its capacity to handle growing demand from the U.S., where several new LNG export terminals are scheduled to begin operating.On Monday, the vessels Ribera del Duero Knutsen with a cargo capacity of 173,000 m3 and Maran Gas Pericles with cargo capacity of 174,000 m3 transited northbound, while Torben Spirit with a cargo capacity of 174…

 Image: NAPA

NAPA Brings Digital Logbooks Within Reach of More Ships

NAPA, the maritime software, services and data analysis provider announced that its industry-benchmark electronic logbook, NAPA Logbook, is now available as a monthly service solution.According to media release, this reduced barrier to entry will bring the connectivity and job automation benefits of digital logbooks to more of the maritime market. NAPA Logbook will also be one of the first integrations with NAPA Mobile, enabling support for smartphone logbook entries wherever the crew are onboard.As the world’s leading provider of electronic logbooks…

© Bits and Splits/AdobeStock

Maritime Ports Pushed to Up Cyber Security

Resilience planning, Info Sharing Take Spotlight“Oh what a tangled web we weave, when first we practice to deceive.” That old chestnut gets turned on its head when it comes to port cyber security. It’s more like “Oh what a tangled web we’ve woven, so much harder to stop data stolen.”Ports today have the physical aspect of security pretty well nailed shut - gates, locks, fencing, alarms, cameras, drones, etc. As Chris Mason, Rajant Corp.’s director of sales for EMEA, notes, “Every…

Image: Panama Canal Administration

Panama Canal Modifies Reservation System

The Panama Canal will implement, from October 1, changes in the transit reservation system for the new neopanamax locks, which includes a restructuring of payment fees for the natural gas segment liquefied (LNG), in order to optimize the use of the interoceanic route.A press release from Panama Canal Administration (ACP) said that the modifications "are a positive step for the neopanamax locks", and take into account the lifting of certain rules of navigation to LNG ships, as well as the comments of customers.In order to maximize the benefits of these new navigation rules…

Photo: Port of Manatee

Port Manatee Announces Record Fiscal Year

Port Manatee reports it continues to break cargo records, including handling an all-time-high of more than 9.3 million tons in the fiscal year ended Sept. 30, up 19.1 percent from the immediately preceding 12-month period. That comes on the heels of a 13.4 percent tonnage rise in fiscal 2017 from fiscal 2016.Across-the-board increases were enjoyed by the diverse Southwest Florida port in the just-ended fiscal year, besting numerous prior records, according to figures reported.Due largely to a more-than-tripling of phosphate rock handled…

Image:  Liberian Registry

Liberia Becomes Fastest Growing Flag in Shipping

Liberia is the fastest growing major open registry in 2018 in both the shipping and offshore sectors, according to shipping services provider Clarksons in its Clarksons World Fleet Monitor June 2018.Alfonso Castillero, CCO of the Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian Registry, said: “I am delighted to see that Liberia continues to be the leading flag in 2018. It has grown by 2.2 percent in terms of gross tonnage overall so far this year…

Image: International Maritime Organization

Port Management and Efficiency Training in France

High-level officials and decision-makers from maritime and port authorities around the world are undergoing intense training in port management and operational efficiency at the annual Advanced Course on Port Operations and Management based in Le Havre, France (10 September to 12 October).The opening of the course coincided with Le Havre's celebration of World Maritime Day and its theme: International Maritime Organization (IMO) 70 Our heritage – better shipping for a better future.IMO's Chris Trelawny delivered the opening address and lectured on the role of IMO…

The container segment continued to serve as the leading market segment for tonnage through the Canal, accounting for 159 million tons of the total cargo received, of which 112.6 million PC/UMS tons transited the Expanded Canal. (Photo: Panama Canal Authority)

Panama Canal Sets Record Annual Cargo Tonnage

The Panama Canal closed its 2018 fiscal year with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5 percent increase from the previous year, the Panama Canal Authority reports.With this tonnage, the Panama Canal surpasses the cargo projections of 429.4 million PC/UMS tons for FY 2018, as well as the 403.8 million PC/UMS tons registered in FY 2017."The Panama Canal continues to exceed our expectations, reinforcing every day the importance of the waterway's expansion and its impact on global maritime trade," said Panama Canal Administrator Jorge L. Quijano.

© biiker3 / Adobe Stock

UAE Bunker Inquiries Spike on Worries over Singapore Tainted Fuels

Inquiries for marine fuel supplies in the United Arab Emirates' (UAE) Fujairah oil hub have spiked as shippers try to avoid loading tainted fuel oil that has clogged and damaged ship engines in Singapore recently, three trade sources said.Tainted marine fuel has been found in Singapore, the world's largest ship refuelling hub, following reports of more than 100 vessels that loaded similarly contaminated fuel in the U.S.

file Image: CREDIT EXXON

The Global 0.50% Sulfur Cap: 30 months and counting down …

Industry frets about the coming deadline. Shipping desperately wants to be ready, but will global shore-based infrastructure and refining capacity match the demand that is sure to come? And … are regulators listening to industry’s concerns?In early June, the U.S. Coast Guard (USCG) and U.S. Environmental Protection Agency (EPA) held a public workshop in Washington to help the agencies prepare for the January 1, 2020 deadline for worldwide implementation of very low sulfur marine…

Photo: Almarin

Panamá Maritime Authority Improves Navigation Safety

Panamá Maritime Authority has installed three new sector lights and towers to improve the navigation safety of ships coming into Bays of Manzanillo and Las Minas on Panama’s Atlantic coast. The beacons, specifically constructed as marine aids to navigation, consist of a sector light on a 40-meter tower in Manzanillo and two sector lights on 15-meter and 35-meter towers in Las Minas. Two of the towers were installed on land and one of them on a piled structure over water. The tender issued by Panamá Maritime Authority was awarded to Delta 9…

The newly built containership ONE Aquila was delivered in Hiroshima, Japan (Photo: ONE)

14,000-TEU ONE Aquila Delivered

Ocean Network Express Pte. Ltd. (ONE) announced it has taken delivery of the 14,00 TEU capacity ONE Aquila at Japan Marine United Corporation’s Kure Shipyard in Hiroshima.

(Credit: Callan Marine)

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.