Indonesia Posts Biggest Trade Surplus Since 2011
Indonesia posted a larger-than-expected trade surplus in February with exports surging and imports contracting amid disruptions in global supply chains due to the coronavirus outbreak, data from the statistics bureau showed.Southeast Asia's largest economy had a $2.34 billion surplus in February, compared with the $90 million surplus expected in a Reuters poll.The surplus was the first in four months and the biggest since September 2011, according to data from Refinitiv. There was a deficit of around $870 million in January.Exports surged 11% from a year earlier to $13.94 billion…
Branson: Virgin Cruise Line Will Overcome Coronavirus Fears
British entrepreneur Richard Branson heralded his first cruise ship "Scarlet Lady" on Friday as targeting a younger generation of holidaymakers with a range of attractions that he believes will outweigh any fears around coronavirus.Despite the unfortunate timing, with passengers on one ship quarantined in Japan after hundreds caught the virus and another turned away by five countries over fears someone on board may be ill, Branson sees cruises as a growth area.In an event at Dover…
GE Appoints Grid Solutions Chief
GE Renewable Energy has announced that Heiner Markhoff has been named vice-president and CEO of Grid Solutions, effective March 20, 2020.According to a press release, Markhoff has a track record of growth, transformation and operational performance in diverse global businesses. He will be based in Paris, France. Markhoff replaces Reinaldo Garcia, who is retiring at the end of March after 35 years at GE.Jérôme Pécresse, President and CEO of GE Renewable Energy, said: “Building a strong Grid business is vital to our mission to make renewable energy affordable, reliable and accessible.
Maersk India Trade Report Q3 2019
India’s import and export container trade in Q3 2019 (July-September) remained flat as compared to global growth of 1.5%. The slowdown is aligned closely with the weaker domestic demand, as well as a reflection of the broad-based cyclical weakening of the economic environment in all the main global economies. The negative effects from escalating trade restrictions also weighed on trade growth in the quarter. The trade restrictions have reduced bilateral trade between the United States of America and China…
Port Everglades & Dominican Republic Port Authority Sign MOU
Broward County's Port Everglades Department and the Dominican Republic Port Authority have signed a Memorandum of Understanding (MOU) as part of a joint Sister Seaports agreement.The MOU will promote bilateral trade. The two parties want to establish an alliance of cooperation aimed at facilitating international trade and generating new business by promoting the sea trade routes between the two countries. The MOU outlines joint initiatives, including marketing activities and market studies…
Robotic Hull Cleaning Advances in Dutch Ports
Recent acceptance to operate in Rotterdam and proof of sustainability claims after more than 500 hull cleaning operations help propel ECOsubsea, the robotic hull cleaning system.The Dutch national regulatory body Rijkswaterstaat gave the Norwegian company the green light to start offering hull cleaning services to vessels at all Dutch Ports including Europe’s biggest port, the Port of Rotterdam, a move that is helping the firm solidify its position in Europe following similar permissions in Antwerp…
Seabulk Completes First Methanol Shipment
Seabulk Tankers, a subsidiary of SEACOR Holdings, has announced the successful delivery of its first methanol parcel chemical shipment aboard the articulated tug-barge (“ATB”) Sea-Power/Sea-Chem I.The Sea-Power/Sea-Chem I loaded a 10,500 metric ton methanol parcel in the U.S. Gulf of Mexico and discharged the parcel in Charleston, South Carolina and Chesapeake, Virginia. The vessel can load up to 30,000 metric tons of cargo into eleven segregations and is equipped with stainless steel cargo piping and MarineLINE 784 cargo tank coating.
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…
Cruise Ships Dump 90% of Grey Water in BC
1.54 billion liters of grey water were generated by ships off the British Columbia coast in 2017 - the equivalent of more than 600 Olympic-size swimming pools, said a study.World Wildlife Fund Canada says cruise ships traveling between Washington state and Alaska are responsible for dumping "the vast majority" of the potentially toxic grey water that ends up off the B.C. coast each year.Cruise ships accounted for 1.37 billion (almost 90%) of the 1.54 billion liters of grey water generated off the B.C.
UAE Presence Grows in the Maritime World
Over recent years the United Arab Emirates has emerged as an important maritime hub with grand ambitions. Mark Venables visited the region to discover what is driving that growth.When the UAE was elected to the IMO Council as a Category B member, it immediately raised its profile within the maritime community. The Emirates have taken a significant step forward in the maritime world.Despite this success, the region remains a challenging market for shipping and logistics. One of…
Fire Erupts at Exxon's Baytown complex; 37 Hurt
Exxon Mobil Corp said it was fighting a fire that erupted on Wednesday at its Baytown, Texas, refining and chemical plant complex injuring 37 people and sending nearby residents indoors.As many as 37 people were being treated for non-life threatening injuries amid efforts to put out the fire, according to Exxon spokeswoman Sarah Nordin. Available air monitoring information showed "no adverse impact at this time," she said.More than three dozen people were treated for minor burns, none requiring hospitalization, said plant manager Jason Duncan in an afternoon media briefing.
SC Ports Expands Transload Facility
South Carolina Ports Authority (SCPA) officials celebrated the expansion of the Frontier Logistics local operations, with the groundbreaking of an approximately 550,000 square-foot warehousing facility, which will support the handling of plastic and resin exports from the Port of Charleston.“Frontier plays an integral role in the handling of SCPA’s plastics and resin business,” said Jim Newsome, SCPA president and CEO. “Charleston is the emerging pivot point for both export and import U.S.
Wilhelmsen Reduces Plastic Usage Onboard
Wilhelmsen Ship Management (WSM), a global maritime industry group, headquartered in Lysaker, Norway, is taking measures to reduce plastic waste from its ships enforcing new criteria for its vendors in its selection process, as part of their commitment to make maritime trade sustainable."Vendors supplying spare parts, stores and consumables will be required to demonstrate that they have a viable plan to reduce plastic usage on the products delivered to us. This will apply to all existing and new vendors…
Amsterdam Port Post Record Profit
Port of Amsterdam realised net profit of EUR 68.5 million in 2018, which represents a 12.5% increase compared to 2017 (net profit of EUR 60.9 million).Revenue rose slightly in 2018, rising 5 percent to EUR 157.4 million, primarily due to a record amount of land allocations totalling 45.1 hectares (2017: 18 hectares) and an increase in harbour dues owing to a record level of transhipment totalling 82.3 million tonnes of cargo (2017: 81.3 million tonnes).The annual figures show a financially healthy position for Port of Amsterdam, which is benefitting from the favourable economic climate.
Air Quality Monitored as TX Tank Blaze Rages
Houston officials and environmental groups raced to expand air monitoring on Tuesday after a raging fire at a Mitsui & Co petrochemical storage site produced billowing acrid smoke that could be seen and smelled miles away.The blaze at Mitsui unit Intercontinental Terminals Co in Deer Park, Texas, burned for a third day after firefighting water pumps broke down for six hours on Monday evening, the company said.The fire began on Sunday when a leaking tank containing volatile naphtha ignited and flames quickly spread to nearby tanks…
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…
AAL Delivers Chinese Modules in Texas
Breakbulk and project heavy lift specialist AAL Shipping has shipped 22 petrochemical plant modules from Wison Heavy Industry’s facilities in China for the an ethylene-glycol plant expansion project in Point Comfort, Texas on behalf of Pacific Ocean Group.The shipment of 22 modules – 26,000 cbm in total and weighing 1,280 t – was loaded in Nantong and transported on a single sailing to Point Comfort aboard the mega-size MPV, the A-Class 31,000 dwt AAL Pusan.The project made good use of her 700 t max heavy lifting gear in loading and discharge operations…
AAL's Mega Size MPV Delivers 22 Modules
Specialist breakbulk and project heavy lift carrier AAL has successfully shipped 22 petrochemical plant modules from the Wilson Heavy Industry Company in Nantong, to the Ethylene Glycol II Expansion Project in Point Comfort, Texas on behalf of the Pacific Ocean Group Limited.The shipment of 22 modules – 26,000 cbm in total and weighing 1,280 t – was loaded in Nantong and transported on a single sailing to Point Comfort aboard the mega-size MPV, the A-Class 31,000 dwt AAL Pusan.
Cruising: Small is Beautiful
Cruise shipping, at the intersection of maritime and hospitality industries, continues to be vibrant. The Cruise Lines International Association (CLIA), the industry’s major trade association, forecasts that the ocean cruise segment will draw 30 million passengers in 2019, up from 28.2 million in 2018. At the start of the decade, in 2010, the comparable count was 19.1 million passengers. CLIA members will have 272 vessels operating in 2019- with 18 ocean going vessels set to begin service.
Amsterdam Port Builds Plastic Recycling Hub
The circular plastics hub in the Port of Amsterdam is expanding through the construction of a new plastics recycling plant. Plastic Recycling Amsterdam (PRA), a collaboration between Umincorp and Milieu Service Nederland, commenced construction of a plant this week.The Dutch port said that this plant, which can be expanded on a modular basis, will initially process 17,000 tonnes of plastics annually and prepare them to be reused.In the plant, the collected plastics are first washed, shredded and then routed through a magnetic bath.
ROVs to Investigate Lost Shipping Containers
Remotely operated underwater vehicles (ROV) will be deployed to investigate containers lost from a cargo ship in heavy seas off Australia.The YM Efficiency, operated by Taiwan shipping company Yang Ming Marine Transport Corporation, was sailing from Taiwan to Sydney in early June when it lost dozens of containers overboard amid five-meter swells in the Tasman Sea, about 30 kilometers off Australia's east coast.The Australian Maritime Safety Authority (AMSA), citing serious potential impacts to local fishing and the environment…
Roll Group Awarded Contract for Shipment of Three Boilers
Roll Group has been awarded a contract by Fagioli and Macchi for the transportation of three large boilers for the Gulf Coast Growth Ventures project. Presently the voyage from Porto Marghera (Italy) to Corpus Christi (USA) is scheduled to take place between August and September 2019. Each of the three boilers weigh in excess of 1000 metric tons.The dimensions of the boilers to be transported in 2019 are all identical with a length of 30.30m, a width of 16.40m and a height of 22.70m.
BIMCO: Shipping in the Line of Trade War Crossfire
BIMCO, the world’s largest international shipping association, issued a stern warning today as once again, the already long list of tariffed goods has been made even longer.Many more commodities were hit on 23 August, but September is likely to dwarf it all, as the US has proposed tariffs on goods worth USD 200 billion. According to BIMCO, The tariffed goods’ share of global trade is largely underestimating the overall negative impact of this trade war on globalisation and international shipping.BIMCO’s chief shipping analyst Peter Sand remarked…
Oman Shipping: Strong Domestic Performance
Oman Shipping Company (OSC) is reporting strong performance in domestic markets following long-term deals with local refineries and traders including ORPIC and OTI.OSC’s growth in the region is being driven by a 20-year contract to transport condensate for ORPIC (Oman Oil Refineries and Petroleum Industries Company) and a 15-year deal transporting methanol for OTI (Oman Trading International) from Salalah Methanol plant.The company is further supporting the export of LPG from Sohar Refinery to Yemen, Sudan, India, Bangladesh and Sri Lanka.
Port of Amsterdam to Build Europe’s Biggest Hydrogen Cluster
Nouryon (formerly AkzoNobel Specialty Chemicals), Tata Steel and the Port of Amsterdam have joined together to study the feasibility of a large green hydrogen cluster in the Amsterdam region.According to a press release, the three parties consider green hydrogen as vital for reaching climate targets and building a more circular economy, for example by combining it with emissions from steel manufacture to make new products.As a first step, the parties will study the feasibility of a 100 megawatt water electrolysis facility to produce up to 15…
A New Age for Norwegian Shipping
It’s about more than maritime. Harald Solberg, CEO of the Norwegian Shipping Association, sees a world of opportunity from his office overlooking Oslo. Here he talks markets, innovation, ocean developments, and even rubbish. Norway, he believes, has a leading role to play.Harald Solberg is 42, but looks younger. Hearing him outline a career that has so far taken in politics, media, the Norwegian Royal Palace, and, of course, shipping, is a little surreal. For a moment one wonders who he’s talking about – his boss…