Bynum Elected Harbor Commission President
Egoscue named Vice President of Port's governing Board. The Long Beach Board of Harbor Commissioners elected Lou Anne Bynum as its new Board President and Tracy Egoscue as Vice President on Monday, July 24, in the annual selection of Board Officers. The Board also voted Lori Ann Guzmán as Secretary of the Board. Composed of Long Beach residents, the Board oversees the Port of Long Beach. Guzmán has served as Board President, and Bynum as Vice President, for the past two years. “It’s an honor to be chosen as President,” Bynum said.
U.S. DoD Awards Crowley $2.3 Billion Transport Deal
Following a series of protests and subsequent legal challenges, the U.S. Transportation Command (TRANSCOM), a command of the U.S. Department of Defense (DOD), this week confirmed a large, multi-year contract award to Crowley Logistics, Inc., to provide transportation and related services supporting DOD activities in the U.S. and Canada. The Department of Defense Freight Transportation Services (DFTS) contract is one of the largest logistics contracts awarded by the U.S. government.
Japanese, US Coast Guard Train at Resolve Maritime Academy
Last Friday, Resolve Maritime Academy hosted over 30 Japanese Maritime Self-Defense Force (JMSDF) sailors and members of the U.S. Coast Guard, at their training facility in Port Everglades for an international fire safety and damage control training. This was the first time Japanese sailors and warships have been in Port Everglades since the US and Japanese formed their alliance over 60 years ago. The JMSDF sailors participated in three intensive maritime training events, including shipboard firefighting…
ABIS Seals Agreement to Support Spanish Port Development
ABIS Holdings Energy Services Ltd has signed an agency agreement to support the development and operation of an offshore supply base on the Spanish island of Gran Canaria. The UK-based energy services provider will act as the agent for Gran Canaria Subsea and Offshore Base (GCSB), an organization that operates in the Port of Arinaga, in attracting and negotiating with clients looking to use the strategic maritime port. An ideal location for operators requiring port facilities ahead of work in West Africa and across the mid-Atlantic Ocean…
Abu Dhabi Ports: No Immediate Plans for a Listing
Abu Dhabi Ports has no plans to launch a public sale of shares in the short term, the chief executive of the state-owned company told Reuters on Tuesday. "There are no immediate plans to go public," Mohamed Juma al Shamisi said when asked if the company planned to sell shares and a subsequent listing. His comments came after Bloomberg News reported that Abu Dhabi Ports is considering an initial public offering, joining a growing list of state entities in the United Arab Emirates seeking to sell shares, citing people familiar with the matter.
A Location Strategy for Funding Port Infrastructure
“When you've been to one port, you've been to one port.” So goes a saying exemplifying the understanding among the maritime community that every port is inherently unique. Each port has an exceptional identity and, likewise, an exceptional way in which its problems must be presented, addressed and solved. Each port's challenges are location-specific, from the range of tide levels and other environmental conditions to governance by political jurisdictions. There are also economic drivers determined by location. One of the most critical factors in U.S.
Samskip Scoops up Nor Lines
European multimodal transport provider Samskip said it will acquire activities associated with Nor Lines AS, marking a major expansion of its shipping, transport and logistics businesses in Norway. Subject to approval by Norway’s competition authorities, Samskip has agreed with the DSD Group to acquire the activities of Nor Lines, which generate an average annual turnover of €110 million ($128.2 million). With its head office in Stavanger, Nor Lines is a diversified logistics business offering domestic and international services.
DP World Q2 TEU Count Soars 10%
State-owned ports operator DP World on Tuesday reported second-quarter gross container volumes up 10.4 percent on a like-for-like basis and 10.7 percent on a reported basis. DP World handled 17.6 million twenty-foot equivalent units (TEUs) in the three months to June 30, the company said in a statement. Volumes in the second quarter were driven by improved trading conditions and market share gain from new shipping alliances, said DP World Chairman Sultan Ahmed bin Sulayem. Half-year gross container volumes rose 7.7 percent on a like-for-like basis and 8.2 percent on a reported basis.
Crowley Names Vargas VP, Business Development
Veteran sales executive in ocean transportation and logistics Daniel Vargas has been appointed vice president of international business development to support the Crowley Maritime Corp. liner and logistics services groups. He will work closely with Crowley's new director of logistics in St. Maarten, Jeffrey de la Combe, to bring supply chain solutions for customers and their cargoes originating outside the U.S. In the newly created role, Vargas will spearhead the development of both full- and less-than-container load cargo (FCL/LCL) originating from international locations…
Houston Pilots Train for Post-Panamax Vessels
Members of the Houston Pilots recently participated in two custom-built simulation courses vital to their Pilotage duties in the Houston Ship Channel and the Port of Houston, the largest landlocked Port in America. Each course was two days long, and was provided by the Maritime Simulation Resource Center (MSRC), at their Quebec City, Canada-based facility. The Houston Pilots face a multitude of factors when piloting ships in their waterways, including weather and wind, particularly with large ships, a very small turning basin, as well as intricate 24/7 traffic management.
French and Filipino Firms Bid to Operate Bissau Port
French firm Necotrans and the Philippines' International Container Terminal Services submitted bids on Monday to operate Guinea Bissau's main port, the transport minister said, as the government looks to cede control to a private operator. The main port in the capital Bissau, which is small and can only be serviced at high tide by some cargoes, has been operated by a state agency ever since the government stripped Portugal-based operator Tertir of the concession rights in 1999.
CMA CGM Honors Al Sharqi Shipping
Al Sharqi Shipping said it has once again received the Top Customer Award from French container carrier CMA CGM, marking the fourth straight year the Dubai based logistics firm has been given the accolade. The 2016 Top Customer Award was handed over from CMA CGM representatives Santosh Devasper, CMA CGM Commercial Manager; Manoj Kumar, CMA CGM Export Trade Manager; and Pradeep Vallath, Deputy Manager VIP Desk to Kash Rafiq, Director Al Sharqi Group & Shipping, along with the presence of Atif Rafiq, Director Al Sharqi Shipping, as well as other key members of Al Sharqi Shipping.
First Ship with IMO Tier III EIAPP Engines Launched
The launch of the L’Astrolabe, a 72 metre polar logistics vessel fitted with a complete Wärtsilä propulsion machinery package and Wärtsilä NOR (NOx Reducer) SCR (Selective Catalytic Reduction) exhaust gas cleaning systems for all the main engines, took place on July 12. This is the first vessel operating with the International Maritime Organisation’s IMO Tier III EIAPP (Engine International Air Pollution Prevention) certified Wärtsilä diesel engines. The ship was built by PIRIOU (France) for the French Southern and Antarctic Lands Administration.
Tanker with Disputed Kurdish Oil Reappears off Malta
The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30, when it was chartered by oil trader Vitol carrying Iraqi Kurdish crude oil, Reuters ship-tracking showed on Friday. The tanker had been heading to eastern Canada to discharge the cargo at the end of June when the Federal Court of Canada issued a seizure order for the cargo at the request of Iraq's oil ministry. Iraq alleges the cargo was unlawfully misappropriated by the Kurdistan Regional Government (KRG) and sold to Vitol.
Port Canaveral Reports RO/RO Imports Milestone
Port Canaveral staff recently boarded the MOL Mermaid Ace to welcome the captain and crew on her inaugural visit to the port. The vessel is the 13th roll-on/roll-off (RO/RO) vessel to visit the port in recent months. Earlier this year, MOL began new carrier service to Port Canaveral for vehicle imports from the west coast of Mexico, nearly doubling the port’s RO/RO operations. On May 30, the RO/RO vessel MOL Lavender Ace made its inaugural visit into Port Canaveral carrying the 10,000th automobile to enter the port.
Liverpool2 Expansion Enters Phase 2
Port of Liverpool owner Peel Ports Group said it has commenced the second phase of its expansion program at the Liverpool2 terminal. Already one of the world’s most modern shipping terminals, Liverpool2 will receive further investment for equipment and port infrastructure works to expand the terminal and introduce further leading-edge port technology solutions. Now, in addition to the previous five ship to shore (STS) cranes and 12 cantilever rail mounted gantry (CRMG) cranes installed as part of Phase 1 which was opened in November last year…
India Government Sops for Ship-Repairing Facilities
In order to promote ship building and ship-repair industry in India, the government has formulated a policy of financial assistance for shipbuilding for a period of ten years for contracts signed between 1st April, 2016 and 31st March, 2026. The Financial assistance at the rate of 20% of the contractual price of a vessel, fair price, or actual payments received by the shipyard is payable after delivery of the vessel and as per the guidelines issued by the Ministry of Shipping. There are 18 major ship-repairing facilities on western coast and seven on eastern coast at present in the country.
Malta Maritime Forum Targets Professional Education
The Institute of Chartered Shipbrokers and the Malta Maritime Forum have signed an MoU which will support the education of shipping professionals in Malta as part of the island’s maritime growth strategy. The MoU formalizes informal co-operation between the MMF and the Institute which goes back 40 years and will serve as a vehicle to jointly formulate and develop activities. The MMF will build upon this link to provide the local maritime industry with formal education which is recognized internationally.
Intermodal Rail Service Returns to North Carolina Ports
The official return of intermodal rail to North Carolina Ports will begin July 28, 2017, when North Carolina Ports and CSX will commence a daily, intermodal rail service, dubbed the Queen City Express,between Wilmington and Charlotte. “The Queen City Express provides premier rail service over competing ports for existing and future container customers in one of the most significant economic centers in the Southeastern United States,” said North Carolina Ports executive director, Paul J. Cozza.
Maersk Temporarily Exempt from Service Contract Filings
I voted in favor of Maersk Line A/S’ petition for Temporary Exemption Service Contract Filings as a result of the so-called Petya virus which severely disrupted Maersk’s information systems, including the system that stores service contract data. Due to this cyber attack, Maersk Line had been unable to determine which shippers to contact in order to extend or renegotiate certain service contract rates. Further, even if Maersk was able to identify which contracts needed attention, the company was not be able to electronically file the documents because of the damage caused by the virus.
Antwerp Port Container Freight Up by 2.5%
The port of Antwerp handled 111,385,518 tonnes of freight during the first six months of this year, 2.8% more than in the same period last year. Container freight once more performed well after a number of exceptional years, with an increase of 2.5% in terms of tonnage and 1.9% in TEU. Liquid bulk, a regular climber, finished 1.8% up at the end of June. After the previous record years these figures inspire further confidence. “We have achieved them against a background of already good performance,” declared Port Authority CEO Jacques Vandermeiren.
UK Ship Register Modernization Begins
The UK’s Maritime & Coastguard Agency (MCA) is modernising the way the UK Ship Register operates and a number of new initiatives are in the works that could help the red ensign become more commercial and internationally competitive, says a report from UK Chamber of Shipping. The MCA is considering increasing the fee structure for the UK Ship Register to above 2016 levels, attendees heard at the All-Party Parliamentary Group for Maritime and Ports on Monday. The registry is working to improve the response time for enquiries to one working day…
New Long Beach Harbor Commissions Confirmed
The Long Beach City Council on Tuesday voted unanimously to confirm Mayor Robert Garcia’s appointments of Frank Colonna and Bonnie Lowenthal to the Board of Harbor Commissioners. Colonna and Lowenthal are both former City Council members; Lowenthal is also a former state Assembly member and Long Beach Unified School District Board Member. Colonna will fill the seat of Commissioner Doug Drummond, who was appointed to a partial term of four years in 2011 and was reappointed in 2015, with the intent to retire in August 2017. Colonna’s term runs into 2021.
Shipping Perks up at Port of Little Rock
June saw a return to strong activity at the Port of Little Rock. Logistic Services Inc. (LSI), the Port’s stevedore, handled 42 barges with over 64,000 net tons of cargo during the month. The main dock was busier as LSI worked 25 barges with over 37,000 net tons. The slackwater harbor dock handled 27,000 tons from 17 barges. Bulk commodities including nepheline syenite, potash, rock, sand, urea and wetcake accounted for 59 percent of the handled tonnage as break-bulk commodities including aluminum ingots and tee bars, steel coils and wire rod coils.
US Iron Ore Boosts St. Lawrence Seaway Shipping
With strong increases in iron ore and other cargo, total tonnage shipped via the St. Lawrence Seaway is up 20 percent over last year. The St. Lawrence Seaway Management Corporation reports that cargo shipments from March 20 to June 30 totaled more than 12 million metric tons – up two million metric tons over the same period in 2016. “St. Lawrence Seaway shipping is a bellwether for the health of the overall U.S. and Canadian economies and reflects strong demand for raw materials to support the automotive…
Boskalis Bags Stockholm Norvik Port Contract
Royal Boskalis Westminster N.V. said it has been awarded a contract by Ports of Stockholm to construct the quay wall for the new Stockholm Norvik Port in Sweden. The contract value amounts to approximately €60 million ($69 million). The project will commence in the autumn of 2017 and is expected to complete in the spring of 2020. Stockholm Norvik Port, the new freight port for rolling goods and containers, will be constructed in Norvikudden located 60 km south of Stockholm. The port will have seven berths for container ships and RoRo ferries.
ClassNK Singapore Celebrates 50 Years
ClassNK hosted an anniversary party on July to commemorate 50 years of its Singapore Office, established in 1967 to broaden the classification society’s service network in Southeast Asia. Held at the Mandarin Oriental Hotel, the evening commenced with an opening address by Chairman and President of ClassNK, Koichi Fujiwara. Among guests in attendance, the Ambassador of Japan to Singapore, His Excellency Kenji Shinoda gave an honorary address followed by a congratulatory address by Assistant Chief Executive of Maritime and Port Authority of Singapore, Tan Beng Tee.
New Bulk Terminal Opens at Port of Indiana
Executives from the Ports of Indiana and Metro Ports celebrated the grand opening of a new bulk terminal facility at the Port of Indiana-Burns Harbor. Metro Ports is now managing the loading and unloading of shipments along the port's East Harbor for port tenants and outside companies shipping bulk cargoes, including products for the steelmaking, agricultural, manufacturing, energy and construction industries. Metro Ports, the country's oldest stevedoring company, is the brand used to collectively identify stevedoring affiliates of Metropolitan Stevedore Co.
DMCA Shares Maritime Experience with Abu Dhabi
The Dubai Maritime City Authority (DMCA) shared its renowned experience in implementing world-class maritime registration and licensing services with the Department of Municipal Affairs and Transport in Abu Dhabi (DMAT) during their recently held meeting. Both parties also exchanged expertise to achieve their common goals of further improving the marine licensing system according to the highest international standards and reinforcing the UAE’s position as one of the most important maritime and logistics capitals in the world.
India Approves Major Port Authorities Bill
The government of India has approved a draft bill to empower 12 major ports in India by providing them full autonomy in decision-making for greater efficiency. According to Union Minister of State for Shipping Mansukh Lal Mandaviya, the Major Port Authorities Bill, 2016 once enacted, would replace the Major Port Trusts Act, 1963. "With the growth and development of private ports, the major ports are facing severe competition and difficulties in implementing the changes which may help them compete in the evolving market conditions.
Port of LA Sets FY Cargo Volume Record
The Port of Los Angeles reports it has closed its 12-month fiscal year with total cargo volumes of 9.2 million twenty-foot units (TEUs), a new annual record for most container throughput for a Western Hemisphere port. Volumes increased 8.1 percent in June compared to the same period last year, marking the second busiest June in the port’s 110-year history. “As we mark the midpoint of 2017, we are grateful to our terminal operators, shipping lines, labor force and land-side supply chain stakeholders for their focus on teamwork and efficiency…
Port and Environmental Regulations: Charting the Best Route
Trade, federal preemption and states’ rights have been the subject of debate, legal cases and jurisdictional battles for more than 200 years. During my time in the Coast Guard and serving as Captain of the Port, Puget Sound, we dealt with a preemption case involving tankers that went to the Supreme Court. Earlier in my career, it was the role of the federal pilotage in a state pilotage system, again decided at the Supreme Court. And, in my current role as Vice President of the Pacific Merchant Shipping Association…
Total: Congo Crude Exports Unaffected by Port Strike
French oil and gas company Total said on Monday that crude exports from its Djeno terminal in Congo Republic was ongoing and unaffected following a strike last week and the sinking of a loading buoy in an unrelated accident. Traders said on Friday that the company had declared a force majeure on exports of Djeno crude following the incident. A spokeswoman for Total said: "exports from Djeno remain unaffected and safely continue with the second available loading buoy," adding that the tanker that was loading at the time of the buoy incident was safely disconnected.
China Acquires Global Ports: FT
With the aim to dominate maritime industry China has been acquiring overseas ports with huge investments which crossed USD 20 bln last year, Financial Times reported. Beijing has spent billions expanding its ports network to secure sea lanes and establish itself as a maritime power, says the report. China is aggressively pushing its “One Belt One Road”, a grand scheme to win diplomatic allies and open markets in around 65 countries between Asia and Europe. It is pushing ahead with plans to open new shipping routes through the Arctic circle, the report said.
Can Greece Become Global Maritime Capital ?
The Greek shipping community is confident that Greece can be a maritime center in near term, said a research report. A study -‘repositioning Greece as a global maritime capital' - conducted by Ernest & Young in cooperation with Aegean University professor Thanos Pallis said that Greece, especially the port of Piraeus, is viewed as future competitors of Asia’s aggressive shipping hubs in the coming decade. The study gauging the views and forecasts of 779 Greek shipping executives revealed that the most attractive and comprehensive framework among shipping hubs or “clusters” today is Piraeus…
Majorcan Delegation Visits AIDAperla
On July 8, 2017, AIDAperla, the youngest member of the AIDA Cruises fleet, returned to the port of Palma de Mallorca after its christening and maiden voyage. In addition to Barcelona, Germany’s favorite island is one of the departure and destination ports for the seven-day cruises around the western Mediterranean with AIDAperla in its premiere season. During the stay at port, Captain Boris Becker welcomed a Majorcan delegation of port and tourism representatives, along with professors from the University of the Balearic Islands.
First Floating Mega Island Tested
MARIN (Maritime Research Institute) tested an innovative concept for a floating mega island. The island comprises 87 large floating triangles that are flexibility connected to one another. Together they form a flexible floating island that can be as large as 1 to 5 km in cross-section. Olaf Waals, project manager and the concept developer: “As sea level rises, cities become overcrowded and more activities are carried out at sea, raising the dikes and reclaiming land from the seas are perhaps no longer an effective solution. • Building houses and recreation close to the water.
TCM Gearing Up for Panamax Ships
The recent dredging to the Port of Maputo, Mozambique, access channel, early this year, from -11 to 14.3 meters served as an enabler to other infrastructure projects, some already taking place at the Port. According to a press release, Terminal de Carvão da Matola (TCM) will be the port’s first terminal to take full advantage of the dredging initiative with its Berth Deepening and Expansion project has inaugurated last week. The works include, on the marine side, the deepening of its existing berth, refurbishment work and the extension of the quay by an 8.5 meter offset.
Algorithm Developed to Optimize Waterway Transit Schedules
An algorithm has been developed to schedule transit vessel traffic in two-way waterways where safe distances between transiting vessels must be maintained and passage restrictions may hold. It limits the negative effects of the safety constrains on cargo volume throughput by finding schedules which increase the utilization of these waterways. The potential of this algorithm has been demonstrated on a plausible model of the Strait of Istanbul, and also the Suez Canal has been identified as a waterway where the algorithm could increase the volume of goods transported.
Dredging Seminar Held in Bangladesh
On Tuesday, July 11, Damen hosted a dredging seminar in Dhaka, Bangladesh attended by more than 100 representatives from the Dutch Embassy in Bangladesh, experts from the Bangladesh Government, the Bangladesh Navy, local financing institutions, various customers of Damen and other industry stakeholders. Damen said it has enjoyed great successes all over the world in the sale of its dredging equipment, including Trailing Suction Hopper Dredgers, Cutter Suction Dredgers and renowned DOP pumps.
SC Ports Reports Record Volume in FY2017
South Carolina Ports Authority moved a record 2.14 million twenty-foot equivalent units in fiscal year 2017, an increase of 10 percent over the previous year’s container volumes. Highest-ever June volumes of 183,237 TEUs gave SCPA a strong finish to its fiscal year, which runs July through June. The Port’s previous record was 1.98 million TEUs, achieved in FY2006. “We had a very strong fiscal year, reflective of a capable and hard-working SCPA team and entire maritime community,” said SCPA president and CEO Jim Newsome.
India Organizes Workshop on Coastal Shipping and Inland Navigation
The Ministry of Shipping in India is organizing a workshop titled ‘Promoting Coastal Shipping and Inland Navigation in India’ in Bhubaneswar, Odisha state today. This is the second in a series of workshops the Ministry plans to hold over the next 6-8 months to create awareness about the Sagarmala programme amongst the stake holders and to engage with them. India’s 7500 kms of coastline and almost 14,000 kms of navigable rivers provide the perfect platform for the development of integrated water based transport system for domestic and EXIM freight as well as passenger transport.
Fleet Cleaner Goes to Work
After recently launching its ship hull cleaning installation in all Dutch ports, Fleet Cleaner has cleaned various container vessels measuring more than 350 meters long. All these cleanings were conducted during loading and unloading at the terminals, without causing any downtime for the shipping companies, even when combined with bunkering activities. “The costs of fouling are often underestimated,” said Lodewijk Middelburg, commercial manager at Fleet Cleaner. “From our experience with shipping companies we see that these container vessels of over 350 m can save around 14 MT fuel per day.
Transnet Second State Company to Flag Accounting Irregularities
South African state-run transport and logistics company Transnet said on Wednesday it had suspended senior officials after external auditors flagged "reportable irregularities" to their regulatory body. Transnet's admission comes a day after power utility Eskom said its auditors had raised similar issues with the Independent Regulatory Boards of Auditors, highlighting growing governance concerns in South Africa's state-run companies. "The reportable irregularities relate to non…
APM Terminals Mumbai Adds New Arabian Gulf/Mediterranean Direct Service
French based CMA-CGM, a member of the Ocean Alliance, began the new INDIAMED service to Mumbai with the arrival of the 5,009 TEU capacity CMA CGM Virginia at APM Terminals Mumbai. The service, linking South Asia with ports in the Arabian Gulf and Mediterranean, was officially introduced on July 2nd, operating with vessels provided by CMA-CGM, its APL subsidiary, and Chinese-based Alliance partner COSCO. The weekly INDIAMED service provides the fastest transit times between India and CMA CGM hub ports in the Mediterranean and Arabian Gulf…
JNPT Registers 5.11% Growth in Container Traffic
India's largest container port Jawaharlal Nehru Port Trust (JNPT)registered a growth of 5.11 per cent in container traffic in the first quarter of 2017-18. According to a press statement, the JNPT handled 1.20 million TEUs in the first quarter of the current financial year as compared to 1.14 million TEUs in the corresponding quarter of the last financial year. Meanwhile, Jawaharlal Nehru Port Container Terminal (JNPCT) handled 4.01 lakh TEUs during this period as against 3.99 lakh TEUs in the corresponding quarter of the last year, showing 0.5% growth.
New Lantern Features Integrated AIS Monitoring
Sealite, a manufacturer of marine aids to navigation, has introduced a mid-range lantern with a fully integrated automatic identification system (AIS) inside its body. Sealite's SL-155 series are high intensity 6-13NM medium range marine lanterns. The compact single tier lantern features extremely low power consumption, minimal maintenance and now comes available in 2.5, 5 or 10 degree vertical distributions with an integrated Type 1 or Type 3 AIS. When fitted, the AIS is encapsulated within the body of the SL-155 so no additional mounting or cables are required for a separate AIS unit.
A Full Agenda for the International Container Trades
The past couple of months have been chock-a-block full of maritime activity in the international container trades. As the Big-3 Japanese Lines remain still on track to spin-off their container business units into a single standalone container carrier company, some delayed merger and acquisition activity is finally moving ahead. Separately, Congress has taken a keen interest in the Shipping Act. On May 2, 2017, the U.S. Federal Maritime Commission (FMC), unanimously voted to reject the Tripartite Agreement proposed by Kawasaki Kisen Kaisha, Ltd. (K Line); Mitsui O.S.K. Lines Ltd.
Ports Firm YKIP Joins SEA/LNG Coalition
SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, has announced Yokohama-Kawasaki International Port Corporation (YKIP) as its latest member. Representing the Japanese ports of Yokohama and Kawasaki, YKIP brings essential knowledge from a port’s perspective to SEA\LNG, which is working collaboratively with key players across the entire LNG value chain. SEA\LNG and its member organizations continue to advocate for the need to collaborate…
India Unveils Reforms to Boost Cruise Tourism
In order to promote cruise tourism, the Indian government on has announced a slew of reforms to revolutionise the industry which has a high employment generation potential, by simplifying the rules and procedures for cruise port operations. "The Ministry of Shipping, in conjunction with the Ministry of Tourism, has announced reforms to the regulatory processes governing the cruise tourism industry in the country," an official statement said. The objective is to revolutionize this industry which has a high employment generation potential…
OOCL is 'The Perfect Bride' -Drewry
Orient Overseas International (OOIL) and its container unit OOCL have a good track record for above-average profits in a challenging market and a reputation for being a very well-run company, earning the moniker “The Perfect Bride” by Drewry Maritime Financial Research. Retaining the management team, processes and systems is a wise move and could be of enormous value to Cosco Shipping Holdings (Cosco), Drewry said. OOCL has an owned-fleet of 66 containerships aggregating approximately 440,000 teu.
ABP Humber and RBT Join ABTO Membership
ABP Humber has joined the Association of Bulk Terminal Operators (ABTO) as a full member, in what marks a significant milestone for the newly formed trade association. Associated British Ports’ terminals in Hull, Grimsby, Goole and Immingham, which together handle more than 65 million tonnes of cargo annually, contributing over £2.2 billion ($2.8bln) to the UK economy, join a growing ABTO membership-base that includes operators in the Americas, Europe and Asia. ABP Humber’s membership to ABTO follows that of another operator located on the UK’s east coast: Redcar Bulk Terminal…
Port Autonome de Papeete Orders Tug for Tahiti
Damen Shipyards said it has won an open tender for the supply of a tug to Port Autonome de Papeete on the Pacific island of Tahiti. Tahiti is part of French Polynesia, an overseas territory of the French Republic. The tug will be Damen’s popular ASD 2810 model, a rugged, versatile vessel capable of delivering 60 tonnes of bollard pull. Pape’ete is the capital of French Polynesia and the economic hub of the archipelago. Port Autonome de Papeete serves a wide range of vessels including local ferries…
COSCO to Buy OOCL for USD 6.3 bln
Chinese Shipping Major Cosco Group has agreed in principle to buy its shipping rival and Hong Kong’s No. 1 box mover, Orient Overseas Container Line (OOCL), in deal that could be valued around USD 6.3 billion. The takeover will catapult Cosco the world’s third-biggest container carrier after Denmark’s Maersk Line and Swiss-based Mediterranean Shipping Co. In a press release, the State-owned Cosco said that it will pay shareholders of OOCL,, HK$78.67 a share in cash, a 31 percent premium over the stock’s last closing price.
Egypt Bans Qatari Ships Docking in Suez Canal
The Suez Canal Authority is committed to a ban on allowing Qatari ships to dock in ports within the Suez Canal’s economic zone, Ahram reported as chairman Mohab Mamish saying. In press statements on Friday, Mamish said that Egyptian ban on the ships is being imposed on all ports within the zone based on Egyptian sovereignty over its territorial waters. The decision, however, does not include a ban on passing through the canal, as under the Constantinople 1869 agreement it is illegal to ban ships coming from any country from passing through.
Alexandria is Bahri’s New Direct Port Call in Egypt
Bahri Logistics, one of the top 10 breakbulk carriers in the world and one of the six business units within Bahri, has added Alexandria to its portfolio of ports in Egypt. The addition of Alexandria will enable Bahri to offer breakbulk and ro/ro transportation service on its North American itinerary from key US ports to Alexandria and from Alexandria to the Middle East and India. “Alexandria is our third direct port call in Egypt after Suez and Port Said. Our decision to operate at this port comes after an increasing demand for logistics services to and from this destination…
Greece, Bulgaria to Create Multimodal Corridor Between Ports
Bulgaria and Greece agreed to expand Multimodal Freight Corridor Between Black Sea, Aegen Sea and Dunabe. Bulgarian Minister of Transport, Information Technology and Communications Ivaylo Moskovski and Greek Minister for Infrastructure, Transport and Networks Christos Spirtzis have agreed to extend the multimodal transport corridor between the two countries connecting the ports of Varna, Burgas, Kavala and Alexandroupoli. The Greek part accepted Bulgaria’s proposal to include a connection with the port of Ruse in the joint project.
Pilbara Ports Breaks Cargo Handling Record
Pilbara Ports Authority (PPA) has delivered a record annual throughput of 668.5 million tonnes (Mt) for the 2016/17 financial year. This is an increase of 35Mt or 6% from last year’s annual throughput. In June 2017, PPA achieved a total monthly throughput of 55.8Mt, a slight decrease of 53,000 tonnes from the previous year. The Port of Port Hedland achieved a record annual throughput of 500.9Mt, an increase of 40.5Mt or 9% from the previous year. Iron ore exports for the year totalled 494.6Mt, an increase of 40.3Mt or 9% from the previous year.
Port Security: Indonesian Ports Select Radar Solution
The second largest port in Indonesia, Surabaya has opted for the SBS-800-2. The center of cargo distribution for East Java and a gateway to Eastern Indonesia, Surabaya is accessed from the North through the Madura strait, a 25-mile-long, 100m wide and 9.5m deep channel between East Java and Madura Island. The port has multi-purpose terminals, handling general cargo, bulk carriers, gas carriers, tankers, container vessels, Ro-Ro and passenger vessels. The port of Bitung is being developed as an international hub and currently handles general bulk cargo, tankers, containers and cruise vessels.
Maersk: Too Early to Predict Financial Impact of Cyber Attack
Asia CEO said ports have resumed releasing cargo; will discuss settlement, liability issues with customers. Maersk said it was too early to predict the financial impact of last month's global Petya cyber attack that hit the shipping giant's computers and delayed cargoes, but added that normal operations had resumed at its ports. A.P. Moller-Maersk, Danish owner of the world's biggest container shipping line, operates 76 ports via its APM Terminal division and was one of the many firms hit by the ransomware virus along with Russia's Rosneft and advertising agency WPP.