Austal Launches 109m Ferry
Austal Philippines launched Hull 419, a 109 meter high-speed catamaran ferry being built for Fjord Line or Norway at Austal's Balamban shipyard in Cebu.The vehicle-passenger ferry, to be known as FSTR, is the largest aluminium vessel ever launched in the Philippines – and the largest by volume ever built by Austal. It is scheduled to be delivered in the 2nd quarter of CY2020.“This new ship for Fjord Line of Norway is the first of many large, high-speed commercial ferries to be constructed at our newly expanded shipyard in the Philippines," said Austal CEO David Singleton.
Cruise Ship Stranded by Coronavirus Fears to Dock in Cambodia
Cambodia has agreed to let a cruise ship, that has been turned away by five countries over fears that someone aboard may have the coronavirus, to dock and disembark its passengers, the Holland America Line said on Wednesday.The MS Westerdam, which has 1,455 passengers and 802 crew on board, will dock at the Cambodian sea port of Sihanoukville on Thursday, the company said.The ship - which says it has no sick passengers - has been turned away from Thailand, Japan, Taiwan, Guam and the Philippines. (Writing by Kay Johnson; Editing by Andrew Heavens)
Austal Australia Launches Bajamar Express
Australian-based global ship building company Austal Limited announced that its Henderson, Western Australia, shipyard has successfully launched Bajamar Express, the first of two 118-meter, high-speed trimaran ferries under construction for Fred. Olsen Express of the Canary Islands.The ferry is now in the final stages of fit-out. She is scheduled for delivery in spring 2020, said a press note from the shipbuilder.“With the launch of Bajamar Express, our internationally competitive Australian team has again demonstrated an inherent capability to design and construct advanced…
Philippines Ports Open to All Ships Despite Virus Fears
The Philippines said on Wednesday its ports remain open to all ships, even those from China, in order not to disrupt the cargo supply chain, but the crew of vessels arriving from the coronavirus-hit nation will be barred from disembarking.All foreigners traveling from China and its two special administrative regions - Hong Kong and Macau - are currently barred from entering the Philippines amid a fast-spreading coronavirus outbreak that has killed nearly 500 people in China.A Chinese man who arrived from China's Wuhan city, where the virus emerged last year, has also died in the Philippines.Co
Asia Boosts IMO Technical Cooperation
The International Maritime Organization (IMO), Thailand’s Ministry of Transport and the United Nations Economic and Social Commission for Asia (UNESCAP) have recently organized the second regional Knowledge Partnership Workshop in Asia in Bangkok,The workshop was designed to support maritime technical cooperation activities in the region.The workshop brought together officials from transport ministries, responsible for maritime affairs, and finance ministries, responsible for official development assistance.
E-money Platform MarCoPay Accredited by Bank
On December 10, MarCoPay Inc. has obtained a certificate of registration from Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, allowing the company to operate as an electronic money issuer.In July 2019, NYK and Philippine-owned business group Transnational Diversified Group (TDG) announced the development of the new fintech platform MarCoPay. Now certified by BSP, it is well on its way to meet its target launch date for NYK operated vessels in early 2020.
Austal Australia Rolls Out 118m Trimaran
Austal Australia has rolled out the hull (No. 394) and attached the superstructure for the first of two 118 meter trimarans under construction for Fred. Olsen Express of the Canary Islands.Bajamar Express was rolled out onto the hardstand at Austal Australia’s Henderson shipyard in Western Australia on December 14, in preparation for final fit out before launch in February 2020.Austal Chief Executive Officer David Singleton highlighted the vessel’s significance as one of nine trimarans currently under construction by Austal…
Pirates Release Kidnapped Tanker Crew off Togo
Pirates have released three crew taken hostage from a Greek oil tanker off the coast of the West African country of Togo in November, the vessel's manager said on Friday.A fourth hostage, a Filipino, died from illness during captivity, European Products Carriers Ltd added.It did not give details of the release.The tanker, Elka Aristotle, was attacked on Nov. 4 about 18 km (11 miles) from the port of Lome.
Asia Reports 8 Piracy Incidents in November
A total of eight incidents of armed robbery were reported against ships in Asia in November 2019, according to ReCAAP ISC monthly piracy report.ReCAAP said of the eight incidents reported in November 2019, five incidents, comprising four actual incidents and one attempted incident, occurred in the Singapore Strait.The total number of incidents of piracy and armed robbery against ships reported during January-November 2019 has decreased by 4%, but the number of actual incidents…
Boskalis Bags Pasay Reclamation Project
Dutch dredging and heavylift company Royal Boskalis Westminster N.V. (Boskalis) has received the Provisional Letter of Acceptance for the Design and Construction contract for the Pasay Reclamation Development Project in Manila Bay, Philippines in cooperation with CHEC from China.The award was made by the publicly listed company SM Prime Holdings Inc. (SMPHI), one of the largest property developers in Southeast Asia. The development will create a new commercial and residential area in a densely populated part of Manila.
Port Operator ICTSI to Double Capacity at Congo Terminal
Philippines-based port operator International Container Terminal Services Inc. (ICTSI) will more than double the capacity of its container terminal in Congo as part of a $100 million expansion, the company said on Thursday.Located on the Congo River, the port city of Matadi, where ICTSI operates the Matadi Gateway Terminal (MGT) under a joint venture with Congolese property management company SIMOBILE, is the Democratic Republic of Congo's primary shipping hub.The planned expansion will bring MGT's throughput capacity up to 400…
ShipMoney, ISWAN Partner for 'ShipMoney Cares'
ShipMoney, an international maritime payment solution provider, launched a new initiative: ShipMoney Cares. “As a company, it’s very important that we give back to the community that supports us," said Stuart Ostrow, President, ShipMoney. "Together with ISWAN, we will be able to make a real difference in the lives of seafarers who need a helping hand.”The initiative will officially launch on November 18th at the Crew Connect conference in Manila and will be available to seafarers and their families -- including parents…
GloFouling Crosses 12 Lead Partnerships
The GloFouling Partnerships project, is a joint initiative between the Global Environment Facility (GEF), the United Nations Development Programme (UNDP) and International Maritime Organization (IMO) , has 12 Lead Partnering Countries.Indonesia and Mexico have recently joined Fiji, Tonga, Brazil, Madagascar, Mauritius and Philippines as those which have already established their national task forces. Jordan, Sri Lanka, Peru and Ecuador will join in the coming months.The project…
Iraq's Umm Qasr Ready for Bigger Ships
Philippines-based International Terminal Container Services Inc. (ICTSI) formally inaugurated two new berths in the port of Umm Qasr, Iraq’s main dry cargo port.The inauguration marked both the opening for business of the two new berths 25 and 26 with a depth of 14 meters, and the completion of ICTSI’s overall $250m investment program at its Basra Gateway Terminal (BGT) making the port capable of receiving box ships of up 14,000 teu.Located in Umm Qasr’s North Port, BGT operates a high capacity container terminal together with specialized facilities for the handling of general cargo…
ShipMoney Expands in the Far East
Specialized global maritime payments provider ShipMoney continues to expand its presence in the Far East with a new appointment in The Philippines.The company has hired Kimberly Oropesa to join its team in Manila. Kimberly has worked in sales and marketing since graduating in 2013. For the past three years she has worked in the maritime sector and was the Soroptimist International Women’s Opportunity Awardee in 2013 for being an inspiration to her fellow women. Kimberly will be…
CMA CGM Launches Trade Finance Service
French shipping line CMA CGM has launched Shipfin Trade Finance (STF) , its new range of financing services dedicated to importing and exporting, in partnership with invoice finance platform Incomlend.The STF portfolio of products is, according to the carrier, “simple, reliable and rapid,” offering importers and exporters tailored financial solutions ranging from extended payment terms to financing advances.CMA CGM Group further explained that it wants to support its customers’ business through financing solutions tailored to their needs.
Tankers Unable to Offload in Malaysian Port
Refineries at Port Dickson on Peninsular Malaysia's west coast are unable to receive crude oil after a port facility that carries crude from the ships to the plants broke down.A system known as a single point mooring (SPM) unit, a loading buoy anchored offshore that allows tankers to offload their crude via pipeline to the refineries, has been out of service, the refinery operators said.The SPM connects to a refinery operated by Hengyuan Refining Company Bhd (HRC), a subsidiary of China's Shandong Hengyuan Petrochemical Co…
CMA CGM Launches SHIPFIN Trade Finance
CMA CGM launches SHIPFIN Trade Finance, its new range of import and export financing solutions.An innovative offering of simple, reliable and rapid financial services;Two complementary solutions for importers and exporters: Supply Chain Financing and Cargo Financing;CMA CGM is accelerating its Customer Centricity strategy to offer its customers tailor-made solutions supporting the development of their business.Discover SHIPFIN Trade Finance…
France Conducts Training on Port Management
An intensive training on port management and operational efficiency was delivered to high-level officials and decision-makers from maritime and port authorities around the world.The annual five-week course, delivered by the Institut Portuaire d’Enseignement et de Recherche (IPER), concluded on 11 October in le Havre, France.The 33rd Advanced Course on Port Operations and Management welcomed 19 participants from 19 countries. Seven of these participants were women. The participating countries were Algeria…
Tsuneishi Philippines Delivers First Boxship
Tsuneishi Shipbuilding has delivered its first containership newbuilding from its yard in the Cebu, the Philippines.The Philippines yard’s first container vessel, a 1,944 teu Bangkok Max sized ship was delivered on 10 September. The Bangkok Max is the largest size of vessel that can call the port of Bangkok, and the Tsuneishi design is larger than the standard 1,800 teu capacity."Standard Bangkok Max carriers can generally be loaded with about 1,800 20-FT containers, but our new carrier can be loaded with 1…
ICTSI Posts Strong H1
Philippines-based international container terminal operator ICTSI has reported a massive increase in profit and a substantial increase in revenues for the first half of 2019.First half throughput rose 7% to 5.04 million teu and came on good revenues, leading to a 42% jump in net profit to $128.5 million, said a press release from the global port management company.ICTSI attributed its profit growth during the six-month period to volume growth, tariff adjustments for certain services at multiple terminals…
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.
ICTSI Manila Adds More Equipments
The port and terminal operator International Container Terminal Services (ICTSI) said that its flagship Manila International Container Terminal (MICT) recently took delivery of another new quay crane (QC) and eight new hybrid rubber tired gantries (RTGs).According to a press release, the terminal has the largest fleet of modern container-handling equipment in the Philippines today with 18 QCs and 58 RTGs.Manufactured by Shanghai Zhenhua Heavy Industry Co. Ltd. (ZPMC), the QC is part of the five from ICTSI’s 2018 USD80-million capacity improvement program package.
MOL’s LNG Pioneer Rescues 4 Castaways
Japanese shipping giant Mitsui O.S.K. Lines, Ltd (MOL) said that its liquefied natural gas (LNG)carrier LNG Pioneer safely rescued four castaways in the Pacific Ocean about 270km off Davao in the Island of Mindanao, the Philippines.The Bahamas-flagged LNG Pioneer was sailing off the coast of Davao Oriental province in the southern Philippines when it came across the distressed crew floating in the water aboard what was left of their fishing boat.The sequence of events was as follows:At 11:28 (all times in local time) on July 5…
Interferry Charts a Course for Growth
Interferry CEO Mike Corrigan explains why the global trade association is poised to take its work to the next level.While I respect the mantra of cautious optimism, I can’t help feeling genuinely excited that 2019 could prove to be a milestone year in the continuing growth of Interferry’s influence as the global voice of the ferry industry. We’ve come a long way since our US origins in 1976 as what was essentially a networking movement, but developments in recent months already suggest we are on course for yet more enhancement of our present-day worldwide networking and lobbying relationships.
NYK-Fil Celebrates Its 30th Anniversary
NYK-Fil Ship Management, the provider of qualified Filipino seafarers to international-going vessels of NYK Line, held a ceremony in Manila to celebrate the 30th anniversary of the company’s establishment and the completion of a renovation of the head office.The NYK Group company said in a press release that The ceremony was attended by Yasumi Kudo, NYK senior adviser; J. Roberto C. Delgado, chairman of the Philippine-owned business group Transnational Diversified Group (TDG); Josephine J.