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Monday, November 12, 2018

Photo: PepsiCo

Inland Containerized Shipping Comes to India

Marking India’s first containerized movement on inland waterways, PepsiCo India became the first company to use containerized vessel movement for transporting products from its plant in Kolkata to the port in Varanasi. The first containerized vessel was received by Hon’ble Prime Minister of India, Shri Narendra Modi at the newly developed multi-modal terminal in Varanasi. Also, present on the momentous occasion was PepsiCo India’s President and CEO, Mr. Ahmed El-Sheikh.Speaking about this historic moment in the development of inland waterways, Mr.

Photo: GAC

GAC Inaugurates Dubai Logistics Facility

A quarter of a century after opening the first distribution center in the Middle East, GAC Dubai officially unveiled its new purpose-built contract logistics facility, at Dubai South.The inauguration ceremony was held under the patronage of His Excellency Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation (DACC) & Dubai South, and attended by GAC Group President Bengt Ekstrand, GAC Group Vice President for the Middle East Fredrik Nyström, GAC Dubai Managing Director Ronald Lichtenecker…

Contship gateway terminal in La Spezia. Photo: Contship

Contship Expands Intermodal Service

Contship Italia Group has been pulling all the stops to increase its intermodal offering during the past months.Italy’s leading service provider for integrated global supply chains said that its Rail Hub Milano (RHM) and its gateway ports La Spezia and Ravenna serve as backbone of the Group’s growing intermodal network.La Spezia is geographically located within a range of 320 km from the key economic regions in Italy, accounting for over 47% of the total Italian GDP. RHM is located in Melzo, just outside the city of Milan at the heart of consumer and industrial regions.

Photo: Abu Dhabi National Oil Company

Total Wins 40% Stake in Unconventional Gas Concession

Abu Dhabi National Oil Company (Adnoc) has awarded a 40 per cent stake in the Ruwais Diyab gas concession to French energy major Total.Adnoc group, for which the award is an important milestone to reach the target of 1 Bcfd of unconventional gas production before 2030, said in a press release that it will retain a 60% stake in the concession.Under the terms of the agreement, Total will explore, appraise and develop the concession area’s unconventional gas resources.The agreement…

Pic: TORM

TORM, ME Production and GSI JV for Production for Scrubbers

Danish shipping company TORM has established a joint venture with scrubber manufacturer ME Production and Guangzhou Shipyard International (GSI).The joint venture, ME Production China, will manufacture and install scrubbers in China and deliver them to a range of maritime industry customers for both newbuildings and retrofitted vessels, said a press release from the carriers of refined oil products. TORM holds an ownership stake of 27.5% in the new joint venture. GSI is part of…

Paolo d'Amico. Photo: d'Amico International Shipping

Paolo d'Amico Takes Over as d'Amico International Shipping CEO

Product tanker carrier d’Amico International Shipping (DIS) has appointed current D'Amico group chairman Paolo d'Amico as new CEO.The D'Amico group's listed product tanker subsidiary said in a press statement that following the resignation of Marco Fiori, its Board of Directors resolved to grant to Mr. Paolo d’Amico all the powers of the resigning Chief Executive Officer of DIS starting from the 1st day of January 2019.Paolo d’Amico stated: “My personal involvement and dedication is to confirm…

BAM starts joint venture contract for terminal in Kitimat, BC, Canada. Pic: Royal BAM Group

BAM International Begins Kitimat Wharf Contract

The Hague-based BAM International, together with JJM Construction (Canada) and Manson Construction (USA), has received the full order to build the new Rio Tinto BC Works Terminal A on behalf of LNG Canada.The mobilisation and construction works being carried out by BAM and its partners for the Rio Tinto Terminal A expansion have started. BAM expects to complete this project in Autumn 2020.The project is valued at CAD 135 million, with BAM’s share amounting to 50% and JJM and Manson covering the other 50%.

North Carolina Ports Chief Operating Officer Brian Clark

North Carolina Ports Hosts Second Annual Cold Chain Summit

North Carolina Ports hosted the Cold Chain Summit 2018: Cold Gateways Expansion – Farm to Table and Beyond in historic downtown Wilmington on Wednesday.This is the second year NC Ports has organized and hosted the event focusing on current markets, shipping patterns, consumer behavior and environmental impacts of the global cold chain industry.“This year’s summit comes at a time of significant growth for NC Ports’ perishables portfolio,” said NC Ports Executive Director Paul J. Cozza.

Image: China Navigation Company

China Navigation Company Opens Shanghai HQ

Swire Group’s shipping arm China Navigation Company establishes presence in Shanghai where it was founded 147 years ago!The China Navigation Company (CNCo) opened its China headquarters officially in Shanghai on 05 November 2018, marking a significant return to its birthplace 147 years ago, and a significant milestone in its history, said a press release from the company.CNCo started operations on the Yangtze River in 1872, operating a modest fleet of Mississippi-style paddle steamers.CNCo is a major global player in the shipping scene today…

Image: TOP Ships

TOP Ships Signs New TC with BP

Greece-based ship-owning company TOP Ships announced that it has agreed a new time charter employment contract for 2 years with BP Shipping Ltd for its product/chemical tanker M/T Eco Revolution.The international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of crude oil and petroleum products, said in a press release that the new time charter will commence in January 2019 immediately after the expiry of the present…

Photo: Ardmore Shipping

Ardmore Shipping Partners With SEDNA

Product and chemical tanker operator Ardmore Shipping has chosen SEDNA as its new email management and team collaboration platform for their global commercial desks, including operations, chartering and commercial finance teams.According to Ha Eun Ruppelt, Ardmore Shipping’s Commercial Project Manager, the decision to choose SEDNA began with the organization’s commitment to achieving the same high standards of efficiency and operational performance in its commercial activities…

ZIM and MSC Continue Black Sea Service

Container carriers ZIM and MSC  announced that the joint Black Sea Service, to meet agricultural season demand, will continue during 2018-19. The service will commence in Ashdod on week 46, November 15, 2018, operating on the following rotation: Alexandria – Ashdod – Novorossiysk – Alexandria.The weekly service, operating two vessels, will have a fixed Ashdod Friday departure.

Image: Port of Hamburg

Fitch Warns: Shippers' Costs and Capex may Increase

More stringent fuel regulations regarding sulphur content could significantly increase global shipping companies' operating costs and capex needs, says Fitch Ratings in a new report."This may negatively affect their credit quality unless they manage to pass these costs to customers. Many shipping companies have started implementing fuel surcharges to recover costs associated with the new sulphur cap regulation, but their ability to sustain these will depend on market fundamentals…

Pic: The Bellingham Shipping Terminal (BST)

Port of Bellingham Announces Shipping Terminal Contract

International cargo vessels are expected to arrive at the Bellingham Shipping Terminal on a regular basis as the result of a new service contract between the Port of Bellingham and Ports America.Ports America entered negotiations with the port after several of its shipping customers requested use of the Bellingham Shipping Terminal. Ports America is the largest terminal operator and stevedore in the United States.“This is a major turning point for the Bellingham Shipping Terminal,” said Port Commission President Ken Bell.

Gulfport as it appears today.

Gulfport’s Long Road Back From Hurricane Katrina

When Jonathan Daniels, executive director of the Mississippi State Port Authority at Gulfport spoke to the audience at the annual state of the port luncheon July 27, 2018 at the newly rebuilt Island View Casino, he had a lot to offer in terms of jobs. And he had two aces in the hole: SeaOne, an untested compressed liquefied gas company and Yilport, a terminal company operated by an ambitious Turkish port developer. Both had letters of intent dating back two years with much to do.As has been the case since before Daniels took over from Don Allee in 2013…

File Image: A VLCC loads crude oil in the port of Corpus Christi, Texas (Credit: the Port of corpus Christi)

Magellan Bids to Build U.S. GoM Oil Export Terminal

Magellan Midstream Partners LP on Thursday became the latest company to join a crowded group looking to build an oil export terminal on the U.S. Gulf Coast designed to load supertankers.U.S. oil exports are expanding rapidly, but volumes are constrained because the country's shores have limited capability to load giant vessels that can carry about 2 million barrels of crude oil.Numerous companies - including private equity firm Carlyle Group and commodities merchant Trafigura…

File Image (CREDIT AdobeStock / © bvigaro

Big Oil Set to Cash in on IMO 2020 Rules

The world's biggest oil traders are gearing up to cash in on big disruptions that could hit the shipping fuel market in just over a year due to new U.N.-mandated environmental rules.International Maritime Organization (IMO) regulations will cut the limit for sulphur in marine fuels globally from 3.5 percent to 0.5 percent from the start of 2020."We're going to hopefully facilitate the new rules in 2020 by helping out the industry and the participants in general to have a reasonably smooth transition…

Pic: Matson

First Aloha-Class Ship Delivered to Matson

Matson, Inc. took delivery of the first of two new Aloha Class containerships built for Matson's Hawaii service at Philly Shipyard.Christened 'Daniel K. Inouye' in honor of Hawaii's late senior U.S. Senator, the vessel is the largest containership ever built in the United States. Weighing in at over 51,400 metric tons, the 850-foot long and 3,600 TEU capacity Daniel K. Inouye is Matson's largest ship and also its fastest, with a top speed in excess of 23 knots."This new ship, our fifth delivered by Philly Shipyard…

Welcome to Lineage Cool Port Oakland, one of the world’s most advanced food storage and transportation hubs. Photo: Business Wire

Port Oakland Opens Cold Storage Facility

Lineage Logistics  and Dreisbach Enterprises announced the official opening of Lineage Cool Port Oakland, the world’s latest next-generation cold storage and logistics facility.Set on 25 acres at the Port of Oakland’s waterfront, Cool Port will serve as the newest hub for temperature-controlled cargo transitioning through Northern California.Cool Port is a collaboration between warehousing and logistics industry leaders Lineage and Dreisbach, with additional funding and support from the Port of Oakland and the State of California.

Pic: Wärtsilä

Wärtsilä Sells Pumps Business to Solix Group

Finnish technology group Wärtsilä has divested its pumps business to Solix Group, a Scandinavian investment company with offices in Copenhagen, Denmark and Malmö, Sweden.According to a press release from the marine technology giant, Wärtsilä Pumps has belonged to the Wärtsilä Marine Solutions organisation and became part of the company along with the acquisition of Hamworthy in 2012. The Wärtsilä Pumps business recorded sales of approximately 50 MEUR in 2017.The divestment will enable Wärtsilä to devote greater focus to its Smart Marine vision.

Shortsea Container Shipping (File image / CREDIT Samskip)

U.S. Soybean Growers Mull Box Shipping as Trade War, Record Harvest Loom

Illinois Soybean Association Rallies U.S. Growers to Consider Shipping Via Container to Find New Markets for Anticipated Record Harvest.The anticipated bumper harvest of U.S. soybeans this fall amid a trade dispute with China presents an opportunity for growers to reach new international markets with containerized shipping. Farmers this spring sowed more soybeans than corn for the first time in 35 years. But prices have dropped since China, the world’s biggest market for soybeans, placed a 25 percent tax on imported U.S. soybeans, in response to U.S. tariffs on a swath of Chinese goods.

Victoria Freeman (Photo: KPI Bridge Oil)

KPI Bridge Oil Promotes Freeman to CFO

KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has announced the promotion of Victoria Freeman to Chief Financial Officer.Freeman, 34, joined KPI Bridge Oil as Accountant in 2009 and was promoted to Group Financial Controller in 2013 when she took overall responsibility for the accounting and finance functions across the Group’s 9 offices worldwide. Coincidentally, she also celebrates her 9th anniversary with the Group on November 1…

Image:  Lyttelton Port Company Limited

NZ Harbour Welcomes its Largest Container Ship

The largest Port in the South Island of New Zealand, Lyttelton Port, has welcomed its largest ever container ship.The Singapore–flagged Rio de Janeiro, which can carry nearly 6000 containers and is the length of about three rugby fields, arrived early Saturday.Lyttelton Port Company (LPC) Chief Executive, Peter Davie said, “The Rio de Janeiro is a new class of ship to call at Lyttelton. She can carry 5,905 twenty-foot equivalent containers (TEUs), while the largest container vessels currently visiting Lyttelton commonly carry 4…

Image: Port of Helsinki

Port of Helsinki Launches Separate Company for Ship Services

Finland's main port Port of Helsinki Ltd is preparing for the implementation of the requirements of the EU’s Port Services Regulation by transferring ship services covered by the regulation to a subsidiary company.From 1 January 2019 onwards, the new company South Finland Port Service Ltd, owned by the Port of Helsinki Ltd, will be responsible for vessel mooring and unmooring. Some sixty employees will be transferred to the new company.Kari Noroviita, technical director at Port of Helsinki Ltd…

Photo: Gothenburg Port Authority.

Gothenburg Port Container Traffic Up by 20%

Freight volumes passing through the Port of Gothenburg during the year to date are as follows. Container traffic is up 20% compared with the preceding year, and energy product flows remain consistently strong.A press release from the deep-water port in the Scandinavian region said that new car figures rose by 4% but now appear to be levelling off, albeit at a high level.During the first nine months of the year, container traffic increased by 20% and rail traffic by 7%, said Sweden-based Port of Gothenburg.Energy products totalled 17.7 million tonnes…

Kalmar T2e Terminal Tractor. Image: Kalmar

Kalmar Supports Port of Long Beach Electrification

Kalmar, part of Cargotec, has signed a contract to supply a fully electric Kalmar Ottawa T2e electric terminal tractor to Long Beach Container Terminal (LBCT) for a six-month demonstration period. The order was booked in Cargotec's 2018 third-quarter order intake with delivery scheduled for Q1 of 2019. A press release from the cargo handling solutions and services provider the Port of Long Beach, California, is the second-busiest container seaport in the U.S. and handles trade…

Image: Port of Rotterdam Authority

Port of Rotterdam Throughput Edges Down

Total throughput in the port of Rotterdam in the first three quarters of 2018 was 0.4% lower than in the same period the previous year.According to a release from the port, container volumes continued to grow at a markedly higher pace than the first nine months of 2017 – even recording a new all-time high in August.Wet and dry bulk, however, showed a decline in volume – although LNG and biomass were two positive outliers within these product segments. All in all, 350 million tonnes of cargo was handled in the port of Rotterdam…

Pic: Seaboard Marine

BBC Chartering Joins Seaboard to Create “Andino Service”

As part of their mission to improve services for shippers moving cargo between the US Gulf Coast, Jamaica, and ports in Ecuador, Peru and Chile, Seaboard Marine and BBC Chartering are pleased to announce a new strategic cooperation which will be marketed as “Andino Service.”A press release from the international shipping company based in Leer, Germany said that beginning as early as November 2018, BBC and the ocean transportation service provider in North America Seaboard Marine…

© velbort / Adobe Stock

Bulk Sector Prospects Perking Up

The bulk sector is navigating its way out of the doldrums but market correction has come at a price, delegates attending Bulk Terminals 2018 learned last week.Speaking in Hamburg at the annual conference of the Association of Bulk Terminal Operators, Frachtcontor Director Frank Grone said that while the bulk segment is slowly but steadily working its way out of the doldrums with a positive cash flow, he reminded delegates that 60mdwt was scrapped in 2015 and 2016 at “ridiculous prices”…

File Image: a recent Matson newbuild vessel (CREDIT Matson)

Matson Launches New U.S. Flag Marshall Islands Service

Matson has launched its new direct U.S. flag service between Honolulu and the Republic of the Marshall Islands ("RMI"), reducing cargo transit times to the RMI from the U.S. mainland by as many as eight days. The new service will call at three ports in the RMI - Kwajalein, Ebeye and Majuro every 17 days. Matson purchased a 700-TEU, U.S.-flagged containership to operate the new service. Christened Kamokuiki, or 'small island or vessel' in the Hawaiian language,  the vessel is well suited to serving island communities with two 45 ton cranes onboard…

Pic:  Eagle Marine Services

Eagle Marine Services Announces Rebrand to Fenix

Eagle Marine Services (EMS), an EQT Infrastructure III-owned container terminal which is one of the largest in the Twin Ports of Los Angeles and Long Beach, today announced the launch of a new corporate brand identity and name.Effective immediately, the organization will be known as Fenix Marine Services. The Fenix name represents the reinvention of what was once the most technologically advanced facility in North America.The rebranding also marks an important milestone in the company’s execution of its value creation plan…

Automated RTG (ARTG). Pic: Konecranes

Konecranes Wins New Order for RTG System from Indonesia

The smart terminal solutions provider Konecranes has received another order for the delivery of an Automated RTG (ARTG) System to PT Prima Terminal Petikemas, a subsidiary of state-owned port operator PT Pelabuhan Indonesia I (Persero).The ARTG system on order includes 12 ARTG cranes with associated software, interfaces and services, said a press release from the company.The 12 ARTGs will be delivered in January 2020 to Belawan Container Terminal, Phase 2 in Medan, North Sumatra.

‘Pink Lady’ (Photo: Port of Hamburg)

‘Pink Lady’ in the Port of Hamburg

ONE container shipping group’s first containership in novel magenta livery calls in HamburgWith her striking magenta color design, she’s a real eye-catcher in the Port of Hamburg. With a length of 320 meters and slot capacity of 8,102 TEU (20-ft standard Containers) Ocean Network Express – ONE shipping group’s ONE Continuity may not be among the biggest containerships ever seen in the Port of Hamburg, but her unorthodox color scheme has everybody staring and cameras clicking.Jan Holst…

Singapore Petroleum Builds New Oil Storage, Distribution Center

Singapore Petroleum Company, a subsidiary of PetroChina International, said in a statement on Friday it completed a new oil products storage and distribution terminal on Jurong Island, an artificial island off Singapore's southwest coast.The terminal "will allow us to develop our marketing network and to serve the growing needs of our customers in Singapore," Xia Hongwei, managing director of PetroChina International (Singapore) said in the statement.The terminal comprises 10 storage tanks with a total capacity of 50,000 cubic meters for gasoline and gasoil.The terminal is connected via pipeli

Pic: Global Navigation Solutions (GNS)

GNS, SIRM Join to Povide Cloud-based Services for Ship Managers

The  maritime technology company Global Navigation Solutions (GNS) and the supplier of navigation and telecommunications equipment and services SIRM have announced a new strategic partnership.The new partnership will combine GNS’s expertise in data intelligence, back of bridge software and navigation with SIRM’s cloud-based services and telecommunications capability to deliver a new generation of ship-shore technology solutions and enhance office-based situational awareness."Agreement…

Nat Bishop (image courtesy IMTRA)

IMTRA Mourns the Loss of Nat Bishop

IMTRA Corporation and its employees are saddened by the passing of former CEO and long-time member of the IMTRA family, Nat Bishop, after a 15-year battle with melanoma.Bishop joined IMTRA, the leading manufacturer, supplier and importer of quality marine products, in May 1974 and worked there until his retirement at the end of 2013. He spearheaded the company’s expansion effort by opening its southeast operation in Clearwater, Florida, which proved to be pivotal for the company’s growth and profitability.

Georgia Ports Authority Executive Director Griff Lynch gives his Brunswick State of the Port address, Thursday, Oct. 25, 2018, at the Jekyll Island Convention Center.

Georgia Moves 630K Cars, Trucks and Tractors in FY18

GPA details plan to double Brunswick capacity to 1.5 million units.At the Brunswick State of the Port today, Georgia Ports Authority (GPA) Executive Director Griff Lynch detailed Fiscal Year 2018 successes, including 630,000 units of cars, trucks and tractors handled through Georgia terminals. "The Port of Brunswick achieved a solid performance across all cargo categories over the last fiscal year," Lynch said. "As GPA adds new terminal space, we will expand our service area in the Southeast and beyond." During the event hosted by the Brunswick Golden Isles Chamber of Commerce…

E2open to Acquire INTTRA

E2open announced the acquisition of ocean shipping network, software and information provider INTTRA. The combination of INTTRA’s ocean carrier and shipper network with E2open’s business network will create a unified global logistics and supply chain network. E2open and INTTRA will join efforts to strengthen the connections and streamline the information flow between manufacturers, suppliers, shipping service providers, ocean carriers and all the participants in global trade.E2open is the largest cloud-based provider of networked supply chain solutions…

© Wojciech Wrzesien / Adobe Stock

US Downplays Impact on LNG Exports from China Trade Spat

Growing demand from other countries for U.S. liquefied natural gas (LNG) means that the United States is not concerned about a decline in exports to China amid the trade dispute between the countries, a U.S. government official said on Monday.U.S. Department of Energy Deputy Secretary Dan Brouillette downplayed China's lower imports of American LNG and other energy products following the imposition of tariffs on imports by both sides."I am not quite sure if it is going to have any impacts at least in the near term," he told reporters in Tokyo at a media briefing held by the U.S.

Pic: Port Corpus Christi

POTAC Signs Dock Usage Pact with Port of Corpus Christi

POTAC (Pin Oak) announced the execution of a ten year exclusive use agreement for Suezmax vessels at Public Oil Dock 14 with the Port of Corpus Christi, including extension options, exercisable by the Company, which could extend the agreement for up to an additional ten years.In addition to Suezmax vessels, Pin Oak will be able to efficiently load / unload Aframax, Panamax, and other smaller vessels and barges. This agreement follows the commencement of construction on Pin Oak's nine pipelines crossing under the Corpus Christi Ship Channel…

Image: Port of Amsterdam

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…

Photo: Samskip Multimodal B.V

Samskip Launches Netherlands-Italy Rail Service

European multimodal company Samskip Multimodal has launched Netherlands-Italy rail service that would bring multimodal benefits to Amsterdam.Officially launched on October 17, the connection sees trains depart from Melzo east of Milan three times a week, to be ready for unloading along 750m intermodal rail tracks inside TMA Logistics' Holland Cargo Terminal (HCT), Amsterdam 24 hours later.As well as avoiding the driver delays increasingly affecting European road transport, arrivals in Amsterdam coincide with Samskip shortsea departures to Hull…

Marco Ryan, Chief Digital Officer & EVP, Wärtsilä. Photo: Wärtsilä

Marco Ryan Plots a Digital, Connected Course for Wärtsilä

When talk turns to the digital revolution sweeping through the maritime industry, one need look no further than Wärtsilä, which has evolved from a shipbuilding company to an engine manufacturer, and is now embarked on a historic digital transformation led by Marco Ryan, Chief Digital Officer & EVP. We met with Ryan recently in Hamburg, Germany, to discuss the path and pace forward.To start, please lay out the scope of your responsibilities.At a high-level my job is to architect and deliver the transformation (of Wärtsilä) to a smart technology company.

SNAME: Plotting the Path Ahead

As the Society of Naval Architects and Marine Engineers (SNAME) celebrates its 125th Anniversary, the new executive director shares his thoughts on the path forward for a successful future.I’m Gene Sanders, and I have been given the enviable opportunity to take SNAME into its next phase in one the most important industries in the world! In my first few months as SNAME’s new Executive Director, I’ve been working with the Board and various committees on new ventures and directives…

© Markus Mohr / Adobe Stock

Record Low Rhine Levels Hampers Barge Trade

Water levels on the Rhine River fell to a record low on Thursday and were forecast to fall even further, hampering oil product barge trading in northwest Europe.Water levels at the Kaub point of the river fell to 31 cm, according to Refinitiv Eikon data, the lowest level in data available since September 1995.Shallow water on the Rhine in Germany means freight vessels cannot sail fully loaded.The river is an important shipping route for commodities including grains, minerals, coal and oil products including heating oil.

(Image: ChartCo)

ChartCo and MeteoGroup Partner

Global supplier of maritime digital data and compliance services ChartCo has selected MeteoGroup to deliver its weather routing technology services (SPOS) through its OneOcean platform.OneOcean is ChartCo’s software platform for e-navigation, route and passage planning, environmental compliance, data management and a broad range of other services. The MeteoGroup services enable ships to safely navigate the globe with minimal fuel consumption and emissions, by calculating and recalculating…

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…

Pic: APM Terminals

Adidas Partners with APM Terminals

APM Terminals opened the most advanced container terminal in Mexico. Adidas has since moved the bulk of its inbound goods flow to the terminal in Lazaro Cardenas, where automated gates, an efficient on-dock rail facility and a secure gateway to Mexico City support faster cargo delivery.Adidas Mexico imports about 90% of its products from Asia, mainly Vietnam, Indonesia, China, Cambodia, and Pakistan. With plans to deliver 50% of its products to store shelves within 45 days of being manufactured by 2020…

(Photo: Port of Corpus Christi )

Port of Corpus Christi Reports Tonnage Record

The Port of Corpus Christi set a new tonnage record of 79.3 million tons in the first nine months of 2018, surpassing the previous record of 77.9 million tons set in the first nine months of 2015. The number also eclipsed the same period in 2017 by 4 million tons, an increase of 5 percent year-over-year.The port’s volume growth in 2018 was driven by increases of crude oil (+11 percent), other petroleum products (+8 percent), and breakbulk shipments (+3 percent).“This tonnage record is one of many set by the Port of Corpus Christi in 2018…

(Photo: Hapag-Lloyd)

ONE, Hapag-Lloyd Partner for Feeder Services

Japan's Ocean Network Express (ONE) and Germany's Hapag-Lloyd have agreed to share space on their feeder services.As the first step, the cooperation will cover specific Intra-Europe (BAX, NBS, NPX, REX, SDX, ADX, LEX) and Intra-Asia (BHX, HAS, PID) feeder trade lanes. The carriers have already ushered in a new Intra-Asia service, the Bohai Feeder (BHX) in August and will further introduce a new Intra-Europe service, the North Sea Poland Express (NPX), in mid-October to further…

© chungking / Adobe Stock

US Tariffs Loom at China's Biggest Trade Fair

Amid gathering gloom over the state of the Chinese economy, exporters of motorcycles, tractors, photocopiers and Christmas tree lighting will join thousands of other companies peddling their wares at China's largest trade fair Monday.Many of those exporters will have something in common - uncertainty over future U.S. orders as a trade war with the United States rages. The turmoil has added to concerns over the health of the Chinese economy, already under pressure from a cooling property market…

Pic: MSC Mediterranean Shipping Company,

MSC Adds New Rail Service in Spain

MSC Mediterranean Shipping Company is launching a new rail service to bring agricultural cargoes from Spain closer to the international markets.The transportation and logistics company said that the new service runs will improve links between Seville and Cordoba (Spain) and destinations in the Mediterranean, the Middle East and the Far East, beginning in October 2018. It is expected to run at least twice a week from both Seville’s inland maritime port – Puerto de Sevilla – and Cordoba’s cargo rail terminal and the port of Valencia…

GSW Frontier (Photo: Stena Bulk)

Stena Bulk Forms Chemical Tanker JV with Bay Crest Management

Golden-Agri Stena, a joint venture between Sweden based tanker shipping company Stena Bulk and Indonesia’s largest palm oil producer Golden Agri-Resources, has started a new joint venture with Japan's Bay Crest Management for the the operation and commercial management of chemical tankers.The new joint venture, GSB Tankers, will commence operation on January 1, 2019, managing 18 chemical tankers to start, with the aim of managing 30 vessels within the next two years.The joint venture will operate out of the existing premises of Golden-Agri Stena.

(File photo: Maersk Line)

Maersk Leases Singapore Oil Storage Ahead of IMO 2020

Maersk Oil Trading has leased oil storage space in Singapore, signalling a push by one of the world's biggest ship fuel buyers into the Asian bunkering hub ahead of changes to global fuel standards from 2020, trade sources said.Maersk Oil has taken storage at the Tankstore oil terminal in Singapore, a spokesman for parent A.P. Moller-Maersk told Reuters, without giving further details.The firm has leased 120,000 cubic meters of space for fuel oil for six months, said three trade sources with direct knowledge of the matter.

File Photo: Star Bulk

Star Bulk Carriers Announces $310mln Loan for Vessels, 50 Scrubbers

Star Bulk Carriers announced that it has entered into a $310 million loan agreement, which includes a $70 million tranche (Green Loan Tranche) that will exclusively finance the procurement and retrofitting of scrubbers for up to approx. 50 vessels in Star Bulk’s fleet. According to a press release from the global shipping company focusing on the transportation of dry bulk cargoes, DNB Bank, acted as the Mandated Lead Arranger, Facility Agent and Coordinator, along with ABN AMRO Bank…

Photo:  Port of Rotterdam

Rotterdam Polymer Hub Pact with Port for Logistics Node

The Port of Rotterdam Authority and Rotterdam Polymer Hub (RPH) signed an allocation agreement regarding a site for two halls for the storage and distribution of polymers.RPH will be the first logistics node in the Rotterdam port area to focus exclusively on the storage of polymers. The project is a joint initiative of the Port of Rotterdam Authority, Euro-Rhine Group and entrepreneur Geert Van De Ven.The two halls, with a combined floor area of 35,000 m² (storage capacity 550,000 tonnes) will be erected at Maasvlakte.

(Image: ClearLynx)

ClearLynx to Launch Lite Version

ClearLynx, LLC said it will launch a brand new ‘Lite’ version of its platform in mid-October 2018. Aimed at all parties in the marine fuel industry interested in accessing bunker data for their businesses, ClearLynx Lite focuses on data information to provide up-to-date visibility into a new supply environment.“Our platform is more than just a toolbox for bunker buyers,” said Tammi Ingannamorte, VP of ClearLynx. “Our products are already used by a diversified group of clients, in a variety of ways.

Photo: Stena Line

Stena Nordica Enters Service on Karlskrona-Gdynia

Stena Nordica entered service as the fourth ship between Karlskrona and Gdynia on Saturday, further increasing capacity on the route to meet growing capacity demand for freight and passengers.Previously, the route was operated with three RoPax vessels and one cargo vessel. With Stena Nordica, the route is now operating with four RoPax vessels, which will provide freight and passengers with a choice of up to four departures a day from each port. The number of departures per week is now 46 which is a record on this route."We have had strong growth in recent years…

(Photo: Hapag-Lloyd)

Hapag-Lloyd to Introduce Cleaner Fuel Charges from 2019

German container shipping giant Hapag-Lloyd said on Monday it is preparing customers for a mechanism to charge more for cleaner fuel starting next year to comply with tighter environmental rules.The Hamburg-based firm said on Monday that it has developed what it will call a marine fuel recovery mechanism (MFR), which it will gradually introduce from Jan.

Photo: Damen Shipyards Group

Damen Takes Second in Maritime & Aviation Sector in MT500 Rankings

Damen Shipyards Group has achieved second place in the maritime & aviation sector in this year’s MT500 rankings of the top 500 companies and institutions in the Netherlands. It also came twentieth out of 500 in the overall ranking, its best ever result.In the ratings breakdown, Damen achieved the full five stars for product leadership and employment practises. The winner in the maritime & aviation category was national airline KLM, with the Port of Rotterdam coming third.The MT500…