Optimarin Offering 5-year Parts and Service Guarantee
Norwegian-headquartered ballast water treatment (BWT) specialist Optimarin said it has become the first manufacturer to offer a five-year parts and servicing guarantee. It’s a move that, according to CEO Tore Andersen, has the potential to redefine ship owners’ expectations from suppliers in this ultra-competitive sector. Optimarin said such long-term plans are enabled by its backing from a stable group of investors, together with its considerable order book. The Optimarin Ballast…
American Maritime for Puerto Rico Recovery
The American Maritime Partnership – the voice of the domestic maritime industry – today issued the following statement to set the record straight on the importance of American maritime for Puerto Rico recovery and the capacity and capability of Jones Act vessels to meet Puerto Rico’s present and future needs. “While the American Maritime industry was delivering cargo to the docks of Puerto Rico with relief supplies within hours of the hurricane passing, familiar opponents worked to fan debunked myths about our industry and the Jones Act…
Cruise Ships & Environmental Risk: ‘No Silver Bullet’
LONDON - “Sustainability is core to the cruise industry; but there is no silver bullet or one solution to fit all.” This was the key message that echoed across the panel of speakers at Thursday, November 16, 2017, IMMEDIASEA Shipping Debate Forum in London. The lively discussion between representatives of Carnival Corporation, Wartsila Marine Solutions, Bellona, DNV GL, Jotun and Hurtigruten highlighted a shared vision of a green and sustainable future for the industry. There are concerns with the rise in popularity of remote and environmentally delicate destinations such as Norway…
INTTRA Unveils New Applications Suite
INTTRA, the electronic transaction platform, software and information provider, announced two new cloud-based products and enhancements. The first is a new Container Forecasting and Allocation Solutions Tool (C-FAST) for Freight Forwarders and NVOCC's that matches the forecast of their customers' anticipated container volume to carrier capacity availability. The second is an enhanced version of its Ocean Schedules offering that optimizes the shipment planning experience for ocean supply chain professionals.
Crowley Carries Utility Poles for Puerto Rico’s Electrical Grid
Crowley Maritime is transporting the initial batch of what will total 32,000 utility poles from the U.S. mainland to Puerto Rico to help restore the island’s power grid in the aftermath of Hurricane Maria. The weekly shipments will consist of 35-, 40- and 70-foot wooden, concrete and galvanized steel poles, sailing aboard multiple flat deck barges. A second series of shipments is also in development and will eventually bring the project total to between 65,000-70,000 poles. This…
“K” Line Introduces Auto Logistics in Chile
KAR Logistics S.A. (hereinafter shown as KAR*), Joint Venture Company between “K” Line and Agencias Universales S.A.(AGUNSA), which handles Total Logistics Services in Chile and other South and Latin American, has started Auto-Logistics service in Santiago, Chile from Aug, 2017. Customer requirements for services related to automobiles in Chile and other South and Latin American that are showing continuous growth of vehicle sales and imports have been on the increase. With the combined know-how of the two joint venture companies…
Maersk Names New North American President
Veteran Maersk Leader, Omar Shamsie, becomes President of Maersk Line in North America. Maersk Line, the world’s largest container shipping company, announces the appointment of Omar Shamsie as the new president of Maersk Line in North America effective December 1st, 2017. His most recent position was president of Maersk Line Latin America & the Caribbean and before that president of Maersk Line Canada. Mr. Shamsie’s rich background also includes director and vice president positions throughout the globe with Maersk.
OOCL Introduces China Pakistan Express 3
Following its announcement of the China Pakistan Express 2 (CPX2) last week, Orient Overseas Container Line Limited (OOCL) is all set to introduce the China Pakistan Express 3 (CPX3), another new Intra-Asia service to expand its product portfolio by providing a more comprehensive service network connecting the markets of India and Pakistan. The CPX3 provides additional sailing frequency from Central China to Mundra and strategically expands its service coverage in Pakistan. "Together with the CPX2…
K-Line Adds 311,000 DWT-Type VLCC “Kisogawa”
Japan’s shipping major Kawasaki Kisen Kaisha (K-Line) has expanded its fleet as it took delivery of the 311,000 dwt very large crude carrier (VLCC) Kisogawa on November 15. Kisogawa, which was constructed by China’s Nantong Cosco KHI Ship Engineering (NACKS), features a length of 339 meters and a beam of 60 meters. "The vessel achieves low fuel consumption (about 20% reduction compared with our conventional VLCC) by removing Bulbus Bow, applying ultra-long stroke slow speed main diesel engine and highly-efficient large diameter propeller," said a press release.
Inmarsat Launches SafetyNET II
Inmarsat has launched a vital new service, SafetyNET II, for Maritime Safety Information Providers (MSIPs), marking a key stage in upgrading the Global Maritime Distress and Safety System (GMDSS), which helps to save thousands of lives at sea each year. Inmarsat’s new generation international broadcast and automatic reception service for Maritime Safety Information (MSI), enables MSIP’s to transition their communications to web-based messaging. As a web-based service, SafetyNET II introduces broadcast scheduling…
Former Maersk Boss Named Unifeeder Chairman
Nils Smedegaard Andersen has been appointed Chairman of the Board of Directors of Denmark based feeder and shortsea operator Unifeeder, taking up his first directorship within the logistics and shipping industry after stepping down from his position as Group Chief Executive Officer of A.P. Moller - Maersk A/S in 2016. Andersen, who is a board member and strategic adviser to Unifeeder’s largest investor, e.g. Nordic Capital Funds, also serves as Non-Executive Director at BP plc…
St. Lawrence Seaway Cargo Up 10%
St. Lawrence Seaway cargo volumes are up 10 percent as the shipping season enters its busiest final months. According to The St. Lawrence Seaway Management Corporation, total cargo tonnage from March 20 to October 31 reached 28.7 million metric tons – 2.5 million metric tons more compared to the same period in 2016. “The star performers this year have been North American mined products such as iron ore and salt and high-value goods such as specialty steel imported from Europe,” said Terence Bowles, President and CEO of The St. Lawrence Seaway Management Corporation.
APM Terminals Pier 400 Los Angeles Sets New Single Vessel Record
APM Terminals Pier 400 Los Angeles has established a new single vessel cargo operations record during the call of the 13,600 TEU capacity Maersk Evora, with a combined total of 24,846 TEUs loaded and discharged over a 128-hour period. This performance eclipsed the previous record of 18,500 TEUs handled during the call of a similarly-sized vessel at the Port of Rotterdam in 2015. The Maersk Evora arrived at APM Terminals Pier 400 Los Angeles on October 19th, on the Europe-Far East/Transpacific AE6/TP6 service operated by 2M partners Maersk Line and Mediterranean Shipping Company.
Eye-share Partners with Eiger Marine
Eye-share and Eiger Marine form a partnership to offer the best invoice automation system to maritime customers in Greece and Cyprus. Eye-share partners with Eiger Marine. This partnership forms part of our strategy to partner and co-operate with leading providers of business process improvement solutions for the maritime sector in order to reach new, important customer segments. The alliance will offer customers in the maritime sector a complete solution for invoice and document automation with Eye-share’s main product; eye-share Invoice.
Container Service Returns to Port of Portland
Hong-Kong based carrier Swire Shipping will offer general, non-containerized cargo and container service at Oregon’s sole international port from January 2018. A new call at Port of Portland's Terminal 6, which will likely be monthly and includes export shipments of Western Star trucks to Australia, export containers to Australia / New Zealand and import containers from Asia, is seen as a first step toward restoring container traffic that was driven out in part due to labor problems in recent years.
OSM Crew Management for Lauritzen Kosan Fleet
Global ship management company OSM Maritime Group said it has been awarded full crew management of Lauritzen Kosan’s entire fleet of liquefied gas tankers, including 26 refrigerated ethylene, semi-refrigerated and pressurised gas carriers. OSM’s focus on the provision of personal service and expert seafarers, combined with delivering business efficiencies and economies of scale, has seen the company grow considerably in 2017. This latest contract ranks as its largest individual win of the year, bringing the number of vessels OSM provides services to far beyond the 500 mark.
DNV GL, Chrysaor Pact for North Sea Operations
DNV GL has secured a combined engineering services agreement with Chrysaor Holdings Ltd. to deliver a unique range of services to the company in support of its North Sea Operations. Chrysaor recently completed the acquisition of a package of assets in the UK North Sea from Shell for a price of $3.0 billion. The transaction sees Chrysaor become the leading independent E&P company in the UK. It currently has more than 400 staff working in the UKCS. Hari Vamadevan, Regional Manager UK & West Africa…
Speedcast Launches CrewReach
Speedcast International Limited, provider of reliable, fully managed, remote communication and IT solutions, announced the release of CrewReach, a new global prepaid mobile SIM card designed with crew members in mind. Powered by a Multi-IMSI global network, CrewReach provides cost-effective access to 4G and 3G data. “Weeks and months at sea without being connected to family and friends can lead to feelings of isolation and depression for the thousands of Commercial Maritime sailors who are responsible for the transportation of goods around the globe…
Speedcast, SRH Marine Pact for Maritime Solutions
Speedcast International, provider of reliable, fully managed, remote communication and IT solutions, today announced a strategic alliance with SRH Marine. The strategic agreement redefines the management of navigation and communications across the Maritime industry by providing a fully integrated shipboard solution delivered by a single supplier. “The alliance between Speedcast and SRH Marine is a giant leap forward in addressing the fragmented nature of vessel technical management”, said Tim Bailey, Executive Vice President, Products, Marketing and Business Development, Speedcast.
Smit Lamnalco Orders Four Tugs
Rotterdam-baed towage and marine services company Smit Lamnalco ordered four Damen ASD 3212 tugs. Two of the new Damen ASD 3212 tugs will head for the mining town of Weipa in Queensland, Australia in the third quarter of 2018, where they will be deployed on a Rio Tinto project. In Oman, the two Damen ASD 3212 tugs will work at a terminal operated by the Oman India Fertilizer Company S.A.O.C (OMIFCO) in the Port of Sur. These tugs are due to be delivered in June 2018 and will be operated by the joint venture Bahwan Lamnalco Company (BLC).
Port Worker Crushed to Death in Jakarta
According to an announcement from the International Transport Workers’ Federation, an Indonesian worker who was killed on the job at the International Container Terminal Services Inc (ICTSI) facility in Jakarta overnight. According to the ITWF report, Local unions say the 40-year-old man was fatally crushed at 22.10 local time when a refrigerated container was dropped onto his truck, crushing the cabin and killing the driver, the second workplace fatality at the Port of Jakarta in three weeks.
U.S. Commerce Chief Ross Reportedly Divests Shipping Interests
According to a Reuters report, U.S. Commerce Secretary Wilbur Ross has divested his interests in oil tanker company Diamond S Shipping and is in the process of selling off his holdings in another shipping firm, Navigator Holdings, a Trump administration official said earlier this week. Ross had originally intended to retain his shipping interests following his confirmation in February. But the 79-year-old investor came under criticism after disclosures on Sunday that one of Navigator's major clients is the Russian gas company Sibur…
Dachser USA Expands in Dallas
Dachser USA Air & Sea Logistics announces the relocation and expansion of its Dallas, Texas office. The Dallas office originally opened in October of 2011, and has experienced strong growth over the last few years due to increased demand for access to Asian markets and import/export with Europe, especially Germany. The move to a larger space while remaining close to the DFW International airport will allow Dachser to best serve its customers and meet the increasing demand for air and sea freight services in the region.
The Impact of Decarbonization on Shipping Finance
“Many global financial institutions have committed to bringing their portfolios in line with the transition to a low-carbon economy. At a Global Maritime Forum roundtable in London yesterday, the Carbon Pricing Leadership Coalition and global NGO Carbon War Room, worked with shipping leads from major global financial institutions to explore the challenges of decarbonisation for ship financing. With the launch of the report Preparing shipping banks for climate change: How can internal carbon pricing help ship-financing banks in risk management?…
FIT Completes First Call by Sealand SAE Service
Florida International Terminal (FIT), the SAAM-operated terminal in Port Everglades-Fort Lauderdale (U.S.), welcomed the Maersk Winnipeg, marking the first call by the new Sealand SAE service. The service is a weekly route between South Florida, Honduras and Guatemala and also offers inland transfers from/to Nicaragua and El Salvador. FIT is one of eleven terminals where SAAM has an ownership interest in the Americas. It holds the operating concession until 2025 (with a 5+5 extension option) and in 2016 reported container port throughput of more than 202 thousand TEUs.
Survitec at Marintec China 2017
Safety solutions provider Survitec is continuing to show its commitment to the Asia-Pacific region by displaying its latest range of safety and survival solutions at Marintec China 2017, between December 5th-8th. The exhibition takes place at the Shanghai New International EXPO Centre and Survitec’s experts will be on hand to answer all technical enquiries. Survitec will not only display its lifejackets and life rafts, but also its range of fire and gas safety systems, including the latest N2 nitrogen generator.
Damen Inks Deal for Three Ferries
At the Europort 2017 exhibition in Rotterdam, Damen Shipyards Group and Belgian ferry operator Aqualiner signed a contract for the delivery of three more Damen Waterbus 2407 vessels, for operations on the Scheldt in Antwerp. At the signing were Gerbrand Schutten (CEO Aqualiner), Maurice Swets (CEO Aqualiner), Dimitri Romijn (CFO Aqualiner), Arnout Damen (CCO Damen) and Jelle Meindertsma (Sales Manager Damen). The Waterbus 2407 is a new composite design from Damen, first unveiled just over a year ago.
Contract Awarded for Hybrid Icebreaking Tug
Spain's Gondan was tapped to build a tug designed by Robert Allan Ltd for the Port of Luleå (Sweden). Gondan’s new contract with Port of Luleå (Sweden) specifies a new hybrid-powered icebreaking escort tug -- a RAL TundRA 3600-H class icebreaking design. The vessel is designed to perform icebreaking (it is designed to break 1 meter of ice at a speed of up to 3 knots), ice management, escort, ship-assist, coastal towing, fire-fighting and navigation aids service duties. This 36m…
Wilhelmsen Leverages Data on DNV GL’s Veracity Platform
Wilhelmsen is exploring concrete ways of leveraging their data on DNV GL’s Veracity industry platform. In one of the first data sharing pilot projects on the new open platform, Wilhelmsen is testing a system to share ship compliance and condition data with port state authorities to reduce paper work and physical inspections when entering ports. “As ships and their systems become more sophisticated, we have more equipment with sensors onboard that are generating and sharing data.
Exports Recovery Bearing Fruit -Drewry
The northbound East Coast South America to Europe trade is on the mend heading into the Brazilian fruit export season, says research and consulting firm Drewry. The latest container statistics for the Europe-East Coast South America trade shows that the southbound market continues to strengthen, while the long-time downwards trend for the northbound trade has bottomed out and starting to turn the corner. Figures from Datamar up to and including September reveal that southbound container volumes from Europe have performed very well…
Eniram Inks Service Deal with Corsica Linea
Eniram, a Wärtsilä company, has signed a five-year service agreement with Corsica Linea to take them to the forefront of digitalization and performance management. The agreement covers the fleet owned and operated by Corsica Linea between Marseilles and Corsica. These five vessels will be upgraded to the latest Eniram real-time performance management standards. With Eniram's solutions, Corsica Linea is able to reduce fuel costs and optimize its operations. In addition, Eniram's solutions take into account upcoming regulations concerning the monitoring…
OSMC Holds India Seafarers Conference
Oman Ship Management Company (OSMC) has staged a conference in India enabling seafarers to share best practices and expand industry knowledge.It comes as OSMC figures reveal growth in its managed fleet expanding from 27 to 38 in last two years, largely due to expansion in its chartering business. More than 100 delegates joined the Officer’s Conference at the JW Marriot in Juhu, Mumbai. The two-day event involved seafarers from OSMC fleet vessels, office staff, crewing agencies and industry experts such as from Shell, P&I Clubs and Lloyds Register.
APM Terminals Vado Aims to be Gateway to Central Europe
APM Terminals Vado, Italy Managing Director Paolo Cornetto highlighted the future role of the deepwater APM Terminals Vado facility, now under construction, as a new southern gateway to Central Europe. “We designed our new port around liner customers - and our landside customers – the importers, exporters and truckers - to help them do more business by tapping into the 70 million-member consumer market of northern Italy, southern Germany, Switzerland, Austria and eastern France within an eight hour proximity of our port," he said.
Smith Maritime Hauls Equipment to Puerto Rico
Smith Maritime recently hauled a barge load of equipment on behalf of CAT5 Resources to help rebuild cellular communication infrastructure in Puerto Rico following Hurricane Maria. Smith Maritime’s barge Marilyn Monroe was loaded at its terminal in Amelia, La. with vehicles, housing, bulk fuel, food and most importantly, self-powered cellular communication towers to reestablish communication on the island. Marilyn Monroe was towed by the tug Elsbeth 2, powered by fully mechanical Mitsubishi engines supplied by distributor Laborde Products and rated 1,675 HP at 1,600 RPM each.
Fitzgerald Named CEO of Maersk’s Container Unit
Sean S. Fitzgerald has been named Chief Executive Officer of Maersk Container Industry (MCI), effective January 1, 2018. MCI develops and manufactures refrigerated containers, dry containers and the Star Cool refrigeration machine for the global intermodal industry and is part of A.P. Moller – Maersk’s Transport & Logistics division. Fitzgerald will assume overall responsibility for the strategic direction and the entire operations of the company including its more than 5,000 employees in three container manufacturing plants in Chile and China and its R&D center in Denmark.
New Services for Tank Containers in Hamburg
Two Hamburg tank container experts have developed a new comprehensive service package. The Hamburger Container- und Chassis-Reparatur Gesellschaft (HCCR) and the container service provider CONDACO are combining their expertise and years of experience to offer all aspects of cleaning, repair and storage of tank containers to the depot at Altenwerder Damm. The service can be booked through either partner starting from 1 November 2017. “Right from the start, we want to attract customers who are looking for high-quality services for their tank containers at competitive prices.
Solstad Farstad Sells AHTS Nor Star
The vessel (5.500 BHP) was built in 2005 built at Pt. Jaya Asiatic Shipyard,Batam Indonesia. Delivery of the vessel to the new owner has taken place today, Thursday 2nd November, 2017. The sale of the vessel will result in an immaterial accounting effect for 4Q 2017. Solstad Farstad is a Norwegian offshore service and supply ship shipping company that operates 50 vessels and two newbuilding CSV, including 19 construction service vessels, 22 anchor handling tug supply vessels and 9 platform supply vessels.
Patriot: 20 Years in Ship Management
Patriot Contract Services, LLC (PCS) is celebrating the 20th anniversary of its operations as a completely U.S.-owned ship management company. During the past 20 years PCS and its affiliate American Ship Management, LLC have provided ship management and other maritime services to valued customers such as the Military Sealift Command (MSC), the U.S. Maritime Administration (MARAD), American President Lines (APL) and Schuyler Lines Navigation Company, while Patriot Maritime Compliance, LLC has provided expert regulatory guidance to both U.S. flag and international clients.
Crowley Adds New US, Central America Service
Crowley Maritime Corporation announced it will begin offering weekly, fixed-day, full and less-than-container-load (LCL) shipping and logistics services between Wilmington, N.C., Guatemala and Honduras, effective with the northbound sailings on Tuesday, Nov. 21 and Wednesday, Nov. 22, respectively. The new lift-on/lift-off (LO/LO) service is designed to give customers an additional, more northwardly Atlantic Coast destination for cargo entering the U.S. from Central America, ultimately adding flexibility to the supply chain while reducing total landed costs, Crowley said.
Ocean Signal Appoints Nieuwenhuis as Sales Manager
Ocean Signal has appointed Kris Nieuwenhuis as its new global Commercial Sales Manager. An experienced technical sales manager in the maritime industry with a strong background in AIS and marine safety, Nieuwenhuis will focus on launching upcoming Ocean Signal productsto the commercial sector. His new role will also involve increasing awareness of the Ocean Signal E101V float-free EPIRB with memory capsule for VDRs and growing sales of the established SafeSea range of GMDSS products.
Beagle Star to Use Inmarsat’s Fleet Xpress for Superyachts
Inmarsat has launched a new and flexible Fleet Xpress plan for superyachts to address the seasonal luxury market, and through its partner e3 Systems has signed up the first superyacht Beagle Star V, a luxury sail yacht, to the plan. The award-winning Fleet Xpress service has become the fastest growing VSAT service in the 2017 commercial shipping market. With additional flexibility being a key demand for the superyacht industry, where voice and video calls, entertainment and social media can vary widely during the season…
SC Ports Launches Supply Chain Consulting Service
Amid discussions of the world container shipping industry at the South Carolina International Trade Conference, SC Ports announced the Supply Chain Authority, an internal consulting service offering resources and expertise to assist customers in improving their supply chains. "South Carolina Ports Authority (SCPA) is already known for the customized service we offer shippers and cargo owners, who have extremely complex and constantly-changing global supply chains," said Jim Newsome, SCPA president and CEO.
TOTE Maritime Boosts Support for Puerto Rico Relief
TOTE Maritime is increasing its service offerings and customer support to meet a growing demand for services as part of the ongoing relief and rebuilding efforts in Puerto Rico. TOTE Maritime is adding two barges to its fleet. The first barge departed from Jacksonville yesterday with 375 FEUs of cargo. The second barge is scheduled to depart early next week and will carry 350 FEUs of cargo. “The addition of these barges to our service offering will allow us to better support the increasing and changing needs of Puerto Rico as relief…
KVH TracPhone V7-HTS System Delivers Maritime Broadband
An advanced, 60 cm marine satellite antenna system designed to consistently deliver the fastest data speeds globally to the maritime market will be unveiled tomorrow by KVH Industries, Inc., at the Fort Lauderdale International Boat Show, in Florida. The TracPhone V7-HTS achieves data download speeds of up to 10 Mbps, three times faster than current 60 cm models on the market, including KVH’s own system, and fast enough to enable the streaming of HD-quality content at sea. In addition…
Indiana Port Awarded $9.85 Mln FASTLANE Grant
The Port of Indiana-Burns Harbor will receive one of the nation's 10 FASTLANE small project grants for 2017, U.S. Secretary of Transportation Elaine L. Chao has confirmed. In August, Secretary Chao informed Congress the Department of Transportation was recommending approval of a $9.85 million discretionary grant for the port. After a 60-day review period, the House Committee on Transportation and Infrastructure and the Senate Committee on Environment and Public Works approved all the projects.
Star Bulk Rolls Out Logistics Venture
Star Bulk Carriers, a global shipping company focusing on the transportation of dry bulk cargoes, announced the expansion and diversification of the Company's commercial activity with the launch of the new subsidiary Star Logistics Management S.A. Star Logistics will focus on servicing the end user by connecting origination and destination of dry bulk commodities. The move is expected to further expand the commercial capability of Star Bulk through additional commercial expertise and advanced tools on the Kamsarmax and geared bulk carriers.
WFW Advises BPM on Navigazione Refinancing
International law firm Watson Farley & Williams (WFW) advised Banca Popolare di Milano S.p.A. (BPM) regarding a US$28.8m loan facility granted to L.G.R. di Navigazione and secured by, inter alia, mortgages over two medium range ice class tankers, the “Cenito” and “Posillipo”. Founded in 1865 by future Italian Prime Minister Luigi Luzzatti, BPM was Italy’s second co-operative bank. It merged with Banco Populare on 1 January 2017, to form Banco BPM, Italy’s third largest retail and corporate banking conglomerate. Naples-headquartered L.G.R.
Wison Inks LNG Tie-up with GTT
China’s Wison Offshore & Marine has signed a strategic cooperation agreement with GTT, a provider of design and engineering of containment systems for maritime transportation and storage of LNG. Pursuant to the agreement, both parties will conduct a cooperation work on various LNG projects, such as LNG Carrier, LNG FSRU (Floating Storage Regasification Units), FLNG (Floating LNG unit) or other LNG floating unit with GTT membrane tanks. The cooperation with GTT will help to strengthen Wison’s position in offering clients floating LNG products in full range of capacities.
Shore Power Helps Canadian Ports Cut Emissions
Cavotec shore power systems are helping ports in Canada make substantial reductions in cruise and container ship emissions, with the Montreal Port Authority (MPA) recently reporting that its shore power initiatives are expected to reduce greenhouse gas emissions by some 2,800 tonnes a year. Shore power technologies, also known as cold ironing and Alternative Maritime Power (AMP), enable the connection of ships in port to connect to shore side electricity to power on board services.
Spanish Port Operator Adds Another Mobile Harbor Crane
Noatum Terminal Castellon, part of Spanish port operator Noatum Maritime, has added another Konecranes Gottwald Mobile Harbor Crane to its fleet. The Model 6 machine was put into operation in May in Castellon, where it handles mainly bulk but also a number of other cargo types. The new 125 t diesel-electric machine will contribute to the further growth of the terminal, situated some 80 km north of Valencia. Joaquin Ramon Lestau, CEO, Noatum Terminal Castellon, said: “With this Model 6 crane, we aim to extend and optimize our bulk activities.
New Ferry Marks a Milestone for Incat Crowther
The latest passenger ferry constructed by Gladding-Hearn Shipbuilding for Massachusetts Bay Transit Authority signals a milestone delivery for marine design firm Incat Crowther. The 27-meter catamaran Champion marks the 500th vessel designed by Incat Crowther. “To have successfully designed 500 large commercial vessels is no accident,” said Incat Crowther CEO, Brett Crowther. Crowther added, “It’s apt that our 500th vessel is a Gladding-Hearn build. Peter Duclos, Director of Business Development at Gladding Hearn…
Vopak Launches Concurrent Bunkering Services in Singapore
Vopak, the world's largest independent storage tank operator, has launched a new service that allows tankers docking at its Singapore Sebarok oil terminal to refuel while simultaneously loading or discharging cargoes. "The new concurrent bunkering service is in line with Maritime and Port Authority of Singapore's directive to improve port efficiency," Vopak said in a statement on Tuesday. The service eliminates the time needed to move tankers calling at the Sebarok terminal to designated anchorages in Singapore's congested waters for refuelling, also known as bunkering.
MacGregor Named Operations VP at DPH/Patriot Rail
Diversified Port Holdings (DPH)/Patriot Rail, parent company to Seaonus and Portus, announced the promotion of Scott MacGregor to Vice President of Operations. He will have the primary responsibility of overseeing all DPH port operations in Florida. DPH and Patriot Rail is a combined port and rail logistics company serving international companies throughout the Southeast and Gulf ports and operates multiple short line railroads and rail service companies across the U.S. MacGregor…
RoadOne Appoints Chandler to Sales Leadership Team
Single source intermodal, distribution and logistics service company RoadOne IntermodaLogistics said Steve Chandler has joined the company as Vice President of Sales for the U.S. Southeast and Gulf regions. Chandler brings to the position more than 30 years of container shipping, intermodal drayage and logistics experience. Prior to RoadOne, Chandler held numerous business development and account management positions with top global ocean carriers including CMA-CGM, Hapag-Lloyd and NYK Line, as well as his most recent position at another leading intermodal trucking company.
Nakilat Net Profit Down for the Last Nine Month
Qatar Gas Transport Company (Nakilat), the largest LNG ship owner in the world, concluded its financial results for the nine-month period ended 30 September 2017, with a net profit of QR 607 million compared to QR 749 million of the same period last year in 2016. The lower profit was mainly attributed to the effect of changing the estimated scrap value of vessels in accordance with applicable International Accounting Standards and the lower number of charter hire days in the current period compared to the same period last year (2016 was a leap year).
Global Logistics to Reach $12 Trillion by 2025
The global logistics industry is expected to reach $12 trillion in value by 2025, recording a 6 percent CAGR over the period, says a research report. According to Wiseguyreports, 2015 was a difficult year for global logistics companies. However, accelerating Asia Pacific economies and recovering manufacturing in Western Europe are expected to have a positive effect on global logistics, which started to recover in 2016 and is expected to continue solid growth in the next 10 years.
India's Oil Imports Hit Record High in September
India imported a record 4.83 million barrels per day (bpd) of oil in September as several refiners resumed operations after extensive maintenance to meet rising local fuel demand. The world's third-biggest oil importer shipped in 10 percent more oil last month than a year earlier and about 19 percent more than in the previous month, ship-tracking data from industry sources and Thomson Reuters Analytics showed. "There was heavy maintenance at some refineries in July-August. All those refineries have come online…
APL Adds New Korea China Straits Service
APL has launched a new Korea China Straits (KCS) service to serve the Asian markets of China, Korea, Singapore, Malaysia, Indonesia and the Philippines. The weekly service will link Nansha in South China to the Straits of Singapore and Port Klang as well as Indonesia; offer transit between Indonesia and Manila; and call Lianyungang in Jiangsu where few carriers provide access to. APL said the KCS service will reinforce its footprint in Intra-Asia and injects new capacity that allows APL to transport shipments from North Asia to its network of ports across Southeast Asia.
CMA CGM Launches Mtwara Express Service
CMA CGM Group has announced the launch of Mtwara Express in complement to the six current direct East Africa services. The new service, to commence November 1, will serve the upcoming cashew season in Tanzania and meet rising demand, CMA CGM said in a statement. The Mtwara Express service will be fully operated by CMA CGM Group, who will deploy three vessels up to 2,700 TEU nominal capacity. Three departures from Mtwara are guaranteed: November 1, 15 and 29, 2017 Cochin is reached in 11 days, Mangalore in 14 days and Ho Chi Minh Cat Lai 24 days.
Subsea 7 Acquires Normand Oceanic
Subsea 7 S.A. has announced an agreement to acquire the remaining 50% shareholdings in its equity accounted joint ventures, Normand Oceanic AS and Normand Oceanic Chartering AS, from Solstad Farstad ASA for a nominal cash consideration. Effective from the date of the transaction, the Group will become the sole owner of Normand Oceanic, a flex-lay and heavy construction vessel that is being managed by Solstad Farstad while under long-term charter to a third party. The Group will assume all obligations related to an outstanding loan of approximately $100 million.