United Product Tankers Names Schoeller Co-managing Director
German shipping company UPT United Product Tankers GmbH & Co. KG said Matthias A. Schoeller has been named co-managing director, succeeding Stefan Ciegelski who will retire by the end of June.Schoeller, having worked as the company's chartering manager for the last 10 years, will serve as co-managing director alongside Christos Matarangas, who has been at the helm of UPT for over a decade already.Ciegelski departs UPT after nearly 45 years in shipping, including 17 as one of the…
Hesse Takes the Engineering Lead at FSG Shipyard
Flensburger Schiffbau-Gesellschaft (FSG) has a new Head of Engineering as of March 1, 2021, when Volker Hesse takes over the job. Hesse (47) is a mechanical engineer who began his career around 20 years ago at Blohm & Voss shipyard in Hamburg. Since then, he has held various positions in project management up to and including Head of Product Management at thyssenkrupp Marine Systems’ surface vessel unit. Since 2018, Hesse has been involved in the development and orientation of a consulting company as co-founder and managing partner.
Brunswick Appoints Arbuckle as Marine Autonomy Technology Lead
Brunswick Corporation, in a move to to build on its ACES (Autonomy, Connectivity, Electrification & Shared Access) strategy to develop solutions to further improve boater experiences, named Jason Arbuckle to a newly formed role of Marine Autonomy Technology Lead. Arbuckle joined Mercury Marine in 1997 and has since advanced through the company, working to lead some of the company’s many award-winning innovative technology solutions. Throughout his career, Arbuckle has been instrumental…
Product Focus: Combat COVID-19 with Walk-Through Sanitizer
Tetranet is offering a solution to the maritime, offshore, ports and logistics markets an industrial walkthrough Covid19/virus and spores sanitizer as business seeks to return to normal. Designed for both inside and outside use, the company says it is ideal for ports/harbors, terminals, onboard cruise ships, as well as on offshore rigs. Features touted by the company include: Walkthrough all body automatic harmless mist sterilization using HOCL (Hypochlorous) independently tested to kill 99.9999% of bacteria…
Future Prospects of Shipping COVID-19 Vaccines by Sea
The lucrative prospect of transporting COVID-19 vaccines by sea has intensified the spotlight on the maritime industry’s cold supply chain and its ability to carry high-value pharmaceuticals.At present, speed to market is critical to stemming the spread of the pandemic, so the vaccines are being shipped by air to international destinations. Delivering them by sea is a longer-term strategy; certainly, the present urgency would have to calm considerably before enough confidence could be built to support delivery times in weeks…
Importers Battle Surging Cargo, Commodity Costs
As Home Depot heads into its busy spring project season—when shoppers build backyard decks and buy patio furniture—it is tangling with surging costs for goods and transportation, on top of tariffs that cost it and other U.S. importers billions of dollars.Across the United States, major retailers and makers of everything from Peloton spin bikes and La-Z-Boy recliners to Kia Sorrento SUVs are battling the same profit-squeezing pressures. They pass those costs along to home-bound consumers…
Hempel's "Futureproof" at the Heart of its Plan to Double its Revenues
Hempel A/S has launched its new sustainability framework dubbed Futureproof, an initiative that lies at the heart of the companies strategy to double its revenue by 2025 while dramatically cutting its carbon footprint and that of its clients across industrial sectors.“We believe that placing sustainability at the heart of how we do business is essential for our ambition to double the company. Our customers expect more sustainable solutions and today's and tomorrow's employees want to work for companies that have a clear and progressive position on sustainability.
SES Networks to Power Guest Connectivity on Scarlet Lady
SES Networks is working with Virgin Voyages to provide its fleet with high-speed, low-latency connectivity. Significantly, the Wi-Fi service will be free for every sailor. Virgin Voyages’ Lady Ships will tap into SES Networks’ satellite-enabled Signature Cruise Solution. SES Networks’ Signature Cruise Solution is an end-to-end service that combines SES’s low-latency O3b satellite constellation, its upcoming next-generation O3b mPOWER system and its highly reliable geostationary (GEO) fleet to ensure seamless connectivity across the globe.
Cargill, Maersk Tankers Launch Bunker Procurement Service
Cargill and Maersk Tankers are aiming to unlock more competitive and transparent bunker pricing and improved customer service through a new strategic partnership combining their bunker volumes, offering a new bunker procurement service to tramp shipping companies and trading houses. The initial goal is to procure bunker fuel for Cargill and Maersk Tankers’ combined fleet, while aiming to attract additional customers in the coming months. The service will leverage Cargill’s in-house bunker expertise and Maersk Tankers’ commercial and operational capabilities and will launch on April 1…
LR Announces Maritime Executive Leadership Appointments
Among his first key appointments since taking the helm of Lloyd’s Register (LR) in January, Chief Executive Nick Brown has named three new members of LR’s executive leadership team: Mark Darley as Business Director, Marine and Offshore, Andy McKeran as Business Director, Maritime Performance Services and Philippa Charlton as Chief Marketing Officer.“LR recognizes that maritime stakeholders must rise to the demands of changing technology and the drive to decarbonize our industry.
NAVTOR Acquires Tres Solutions
NAVTOR continues to evolve its eNavigation solutions with the acquisition announced today of Tres Solutions, a 5-year-old Houston-based tech start up that specializes maritime software and analytics, a natural fit for NAVTOR as it pushes to expand its role in the global fleet’s vessel analytics and performance optimization. Financial specifics of the acquisition were not made available.“We (explored) the market and we ended up with Tres Solutions, the very best in the market,” said Tor Svanes…
'Every Ship That is Available is Sailing,' Says Hapag-Lloyd CEO
With historically high freight rates, fleet utilization and demand, there is no end in sight for the red-hot containership market.Container shipping giant Hapag-Lloyd CEO Rolf Habben Jansen candidly said “nobody saw this coming” as “we’ve seen a spending shift from services to goods”, with consumer spending for household products and goods soaring during the pandemic, as funds usually targeted to travel, eating out and events has been diverted to home improvements, medical supplied and fitness equipment…
Port of Rotterdam Freight Volumes See Biggest Drop in Decade, But Smaller Than Expected
Freight volumes in the Port of Rotterdam fell 6.9% in 2020 because of the coronavirus crisis, the biggest drop in about a decade but smaller than had been expected, Europe’s largest sea port said on Friday.The port's Chief Executive Allard Castelein told reporters he expected a recovery that began in the second half of 2020 to continue this year but said throughput was not expected to reach pre-crisis levels in 2021.The fall in traffic in 2020 was the largest since 2009, taking throughput down to levels last seen in 2011, he said.Traffic took a big hit in the first phase of the pandemic, as tr
Port of Baltimore Bests Its Container Moves Record
The Helen Delich Bentley Port of Baltimore reports it has again topped its record for most container moves from a single ship.The 6,000 container moves conducted by longshore workers from the Maersk Edinburgh at the Seagirt Marine Terminal this week are the most ever in the port's the 315-year history. Maersk Edinburgh arrived at the port on Monday, February 8, and left early Thursday, February 11. The final container move was completed at 9:40 p.m. Wednesday.The new high mark—which counts the number of times an imported container is unloaded from a ship…
Op/Ed: China's Import Bans Are a Diplomacy Fail
As Australian producers scramble to find markets for goods hit by Chinese import restrictions, it might look as though China is winning the diplomatic war.But the current situation is a diplomacy fail for China as much as for Australia.What products have been banned?In recent months, China has imposed restrictions on an array of Australian imports including lobsters, beef and timber as part of a deteriorating relationship summarized in a list of grievances against Australia.This has hurt some Australian products, such as wine and barley, which have struggled to find equally lucrative markets.
Bawat's BWTS Being Offered for Portside Applications
Pittsburgh, Pa.-based venture builder Green Swan Partners said it has teamed up with Bawat to deploy the Danish firm’s ballast water treatment technology in portside applications.The two companies have formed joint venture Ballast Technology Services (BTS), which will finance and operate these mobile systems in ports globally. It will offer contingency treatment services to vessels arriving at these ports and provide vessel owners that opt not to install BWMS on their vessels with a ballast treatment service.The Bawat ballast water treatment system is a filter-less…
Navico Hires Norton as Chief Sustainability Officer
Navico, parent company to the Lowrance, Simrad Yachting, B&G and C-MAP brands, said it has hired Tara Norton as its first-ever Chief Sustainability Officer, as the company has made sustainability one of its core strategic pillars globally across its brands, products, operations and production. Norton joins the marine electronics company from French multinational Engie Impact, where she worked with its corporate and government clients to accelerate their energy transition to cleaner energies.“We are dedicated to being an environmentally-responsible company…
RightShip Unveils New Safety Score
Maritime risk management and environmental assessment organization RightShip announced its new Safety Score and Platform has gone live, aiming to provide a clear and transparent pathway to improved safety standards for shipping.RightShip said it spent two years building and refining the Safety Score, a metric that enables the maritime industry to improve the safety of vessel operations. The Safety Score ensures there are minimum standards that all vessels must meet, as well as clear actions to take to improve a vessel’s score.
Geollect Wins ADMIRALTY Maritime Insurance Innovation Challenge
The UK Hydrographic Office (UKHO) announced geospatial intelligence technology provider Geollect as the winner of the second ADMIRALTY Marine Innovation Program challenge.Launched last year in collaboration with RE_SET, the program aims to help start-ups and innovators develop new solutions that support safe, secure and thriving oceans. The program’s second innovation challenge focused on ‘Transforming Maritime Risk & Insurance’, with entrants tasked with identifying, trialing and proving how marine geospatial data can be used to enhance maritime insurance products.For this challenge…
Greensteam Acquires Assets of Enerforce
GreenSteam Vessel Optimization Ltd., developers of vessel performance optimisation solutions for a sustainable shipping industry, has acquired the assets of Greece-based maritime software specialist Enerforce Solutions and Consulting Ltd to diversify and enhance its product offering driven by Liberty, the most advanced noon reporting validation system. The current office of Enerforce will become GreenSteam’s offices in Piraeus, Greece.The Liberty platform acts as a central repository…
N.Ireland Suspends Some Port Checks Over Staff Safety Concerns
Northern Ireland temporarily suspended some post-Brexit checks at two ports on Monday after a local council withdrew staff over concerns for their safety and police said they planned to increase patrols at points of entry.Many pro-British unionists fiercely oppose the new trade barriers introduced between Northern Ireland and the rest of the United Kingdom as part of the Northern Ireland protocol, a standalone deal for the region after Britain left the EU.The council whose staff…
Sea Machines Promotes Bourque
Sea Machines Robotics, a developer of autonomous command and remote-helm control systems, has promoted Phil Bourque to the role of business development and sales director, U.S. Government, effective immediately.In his new position, Bourque will primarily focus on advancing the company’s government contracts and related special projects. Bourque has relocated to the Norfolk, Va. area for the role, a move that enables Sea Machines to establish a new company foothold closer to key…
Port of Kiel: Near Normal Cargo Transhipment Volume; Investment in Shore Power
A total of 6.92 million tons of cargo has been transhipped in the seaport of Kiel in 2020, representing only a slight decrease of 1.2 % compared to the previous-year period. In contrast to a decrease of volumes in the Scheerhafen and at the Norwegenkai Terminal, there has been growth in the Ostuferhafen and at the Schwedenkai. “The economic impact of the Covid pandemic has posed major challenges to the maritime industry," said Dr Dirk Claus, Managing Director at the PORT OF KIEL.
BIMCO: Tanker Market Hangover Continues
Tanker shipping was in many ways the odd one out of the shipping sectors in 2020; at the start of the pandemic, the market was strong, only to finish off the year in the doldrums, while the other sectors stayed profitable. Even a demand boost in December only managed to lift earnings slightly, raising the question, what will it take for tankers to return to profitability?In the immediate aftermath of the pandemic being declared, tanker shipping appeared immune, but it too has suffered from lockdowns and travel restrictions.
ORE Catapult taps Oceanspace Communication for PR Services
The UK’s Offshore Renewable Energy Catapult Selects Oceanspace Communications for Public Relations & Campaign SupportSpecialist maritime and offshore PR firm joins new team tasked with elevating the British businesses, people and technologies leading the charge against global warmingThe Offshore Renewable Energy (ORE) Catapult has appointed Oceanspace Communications to its new Public Relations, Graphic Design and Filmography Framework Agreement to provide Public Relations & Campaign Support services.
Inmarsat Milestones: 10k Ships with Fleet Express Installed, 'Fleet Data Academy' Launched
Ship data consumption is booming, and as digitalization and data trends increasingly drive the maritime world, Inmarsat celebrated a pair of milestones, hitting the 10,000 vessel mark on Fleet Xpress installations and launching its "Fleet Data Academy."Traffic DoublesAccording to Inmarsat, the growth in Fleet Xpress now includes the world’s leading container ship and tanker owners, such as MOL, K-Line and Hapag-Lloyd, offshore support giants like Bourbon, Tidewater and Maersk Supply, as well as growing numbers of yachts, passenger ships and fishing boats.
Swift COVID-19 Vaccines Urged for Largest US Ports Amid Cargo Backlogs
Members of Congress have joined state and local leaders in urging California officials to hasten COVID-19 vaccinations for workers at the ports of Los Angeles and Long Beach, the nation's two busiest, hit hard by pandemic workforce disruptions and surging imports.As of Wednesday, 27 arriving container ships stood anchored off the twin ports complex waiting for berths to clear at terminals piled high with cargo from previous shipments, according to the Marine Exchange of Southern…
RSC Bio Solutions Grows Its Team and Distribution
RSC Bio Solutions announced team expansions in several key geographic areas, as well as expanded distribution coverage. Hideki Tominga and Alhareth Shahen are joining as business development managers, Thomas TO is joining as a Technical Business Consultant, and Miranda Lo and Cherl Minot are coming on board in customer support functions. David Simpson has been promoted to lead global business development activities for the marine and offshore division.“We are proud to be playing…
Arklow Chooses Satcom Global Aura VSAT
Ireland headquartered ship owner and charterer Arklow Shipping has contracted communications solutions provider Satcom Global to install Aura VSAT across 17 newbuild vessels due for delivery from 2021 onward.The new vessels will be activated on a range of Aura service packages, all with Committed Information Rate for guaranteed service quality, and companion options to suit their different sailing patterns. Ten new C-Class vessels will benefit from unlimited Ku-band connectivity with 4G back-up to complement their short sea shipping requirements and operations close to shore.
Drew Marine Begins Distribution Deal with ExxonMobil
Drew Marine said it has signed an agreement with ExxonMobil Marine Lubricants to expand the availability of ExxonMobil’s range of high performance lubricants. Drew Marine’s global supply chain will help ensure the availability of Flagship grades, including Mobil SHC Aware, to international vessel operators.The agreement covers a range of ExxonMobil’s synthetic marine industry lubricants. These include specific grades for compressors, hydraulic systems, gears, auxiliary engines and refrigeration plants.
GreenSteam Signs On to Offer KVH Watch Service
KVH Industries, Inc. announced Tuesday that GreenSteam, developers of vessel performance optimization solutions for a sustainable shipping industry, has joined the KVH Watch Solution Partner program and will offer the KVH Watch service as part of its enhanced performance platform for improved data mobility. KVH Watch’s dedicated connectivity will support GreenSteam’s core services, facilitating the movement of data from vessels to shore-based analysts more frequently and reliably in real-time.“The lifeblood of GreenSteam is data volume…
Valmet Tech Enhances Scrubber, Exhaust Gas Recirculation Systems
Valmet is enhancing emission control with its patented and fully automatic water treatment solution for the marine scrubber system and exhaust gas recirculation system. Valmet Marine Water Treatment system consists of four different modules that are designed to be easily fit in different vessel layouts. Due to the layout flexibility, the water treatment system can be installed both in new building vessels as well as retrofits.Valmet has designed its marine water treatment systems with the environment and ease-of-use in mind…
LNG Carrier Bottleneck at Panama Canal Could Last Until March
Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand winter months, traders close to the situation said, although the canal's regulator said it had made changes to speed up transit.The price of liquefied natural gas (LNG) and shipping rates have hit record highs because of the bottleneck, supply constraints and heavy demand from Asia, where freezing weather has placed the energy supply system under strain.Ships carrying LNG from the United States to meet the Asian demand waited for up to two weeks in December to navigate the canal.
World First: Activation of Commercial Iridium GMDSS onboard Norwegian Trawler
The town of Haugesund, Norway, home to busy waterways dotted with fishing and shipping vessels, was home to a maritime 'world first', with the announcement of the world’s first commercial Iridium GMDSS installation.The Norwegian trawler Trygvason has put to sea following installation of two Lars Thrane LT-3100S GMDSS terminals by local marine services company Brommeland Elektronikk A/S, with Iridium GMDSS service provided by remote communications solutions provider, Applied Satellite Technology (AST).
Kilo Marine Joins KVH Watch Solution Partner Program
KVH Industries, Inc. announced that marine technical services firm Kilo Marine has joined the KVH Watch Solution Partner program and will offer KVH Watch connectivity as part of a wide range of marine services. In particular, the digital services that Kilo Marine offers via its V-Node platform will use KVH Watch to provide dedicated connectivity and on-demand Remote Expert Intervention, allowing Kilo Marine technicians to support their customer base anywhere around the world.
North Carolina Ports Aims to Grow Its Agricultural Opportunities
The North Carolina State Ports Authority announced it is expanding capabilities to better support the North Carolina agriculture industry through a partnership with Scoular.North Carolina Ports on Tuesday received approval from the North Carolina Council of State for a land lease to develop an agricultural transload facility on the Port of Wilmington. Council of State approved the long-term lease for Scoular to develop an at-port facility that will receive, store and load agricultural…
Fluechem Develops New Onboard Urea Generator
Fluechem launched what it is calling "a revolutionary new system" that allows shipping owners to create their own Urea solution onboard.Launched at the end of 2020, the Urea Generator by Fluechem was born out of a deep understanding of the challenges faced by the shipping industry and in particular the challenges related to abating SOx, CO2 & NOx exhaust gas emissions through scrubber, additive and SCR based technology.The Urea Generator is a fully automated onboard Urea blending system…
With "Sustainability at the Heart", Hempel Aims to Double Revenue by 2025
Hempel announced an ambitious strategy to double its revenue by 2025, with a strong focus on innovation and digitalization.Hempel has faced its fair number of challenges over its 105 year history, with COVID-19 and the year 2020 presenting historic challenges in the global supply of coatings. Hempel is taking the opportunity to devise and enact a new strategy on how to focus the company over the next five years, aiming to double revenue through refocused geographical priorities…
China Energy Terminals on Alert as Sea Ice Slows Ships
Chinese ports and marine safety authorities are on high alert as an expansion of sea ice makes it tougher for ships to berth and discharge at key energy product import terminals along the coast of northern Bohai Bay.A cold wave sweeping the northern hemisphere has plunged temperatures across China to their lowest in decades, boosting demand for power and fuel to historic highs in the world's largest energy consumer."The sea ice situation is more severe this year than the same period in previous years," said Wang Jun, a professor specializing in transport issues at Dalian Maritime University."I
Scotland's Seafood Exporters Dealt New Post-Brexit Blow
The post-Brexit woes facing Scotland’s fishing industry deepened on Saturday as its biggest logistics provider, DFDS Scotland, said it would halt exports to the European Union through one of its main services until at least Wednesday.Previously, the company had said it would take until Monday to resume its “groupage” export service - which allows exporters to ship multiple products in a single consignment - while it tries to fix IT issues, paperwork errors and a backlog of goods.The…
Tech Files: Breathing New Life into Old Port Cranes
Retrofits of new features into existing ports cranes can produce operational efficiency and safety gains not included on cranes delivered 15-20 years ago, including Ship-to-Shore (STS) Rubber Tyred Gantry (RTG) and Rail Mounted Gantry (RMG) types. Here, Dmitry Lapin, Knowledge and Development Manager, Port Services, Konecranes, looks at retrofit options proven in applications internationally.Sooner or later, the owners of ports cargo handling equipment are going to face a number of technical and organizational questions about the future.
Ireland: Large Fire at Port of Cork Under Control
Firefighters have brought a large fire at the southern Irish port of Cork under control and no casualties were reported, the port authority, which recently started offering more "Brexit-proof" direct sailings to mainland Europe, said on Saturday.The blaze began in a grain store at a deepwater berth used for freight services, the port authority said shortly after 0930 GMT, urging local residents to keep all doors and windows shut and remain indoors.It said just over an hour later that the fire was under control."Emergency services remain on site to monitor the area.
EU Imposes Duties on Some Turkish Iron, Steel Imports
The European Union will impose tariffs from Friday on hot-rolled iron and steel products from Turkey based on an ongoing investigation into dumping.The duties will range from 4.8% to 7.6% and affect Turkish companies Erdemir, Isdemir, Colakoglu Metalurji and Habas, according to the text of the EU official journal published on Thursday.The complaint shows that EU steel consumption was 4% lower in 2019 than 2016, while Turkish exporters increased their market share to 8.1% from 2.8%…
Crowley Forms 'New Energy' Division to Focus on Offshore Wind, LNG
Crowley Shipping announced Wednesday it has formed a New Energy division to focus on offshore wind and liquefied natural gas (LNG) services in the U.S. and adjacent regions.The Jacksonville, Fla.-based maritime transportation and services firm, a longtime supporter of the oil and gas industry, said many of its U.S.-flag vessel assets, engineering and logistics services could quickly and easily pivot to support the emerging energy sectors.“At Crowley, we have a strong company culture of environmental stewardship and sustainability in not only our own operations…
Evergreen Takes Delivery of Two 12,000 TEU Ships
Evergreen Line took delivery of its sixth and seventh new 12,000 TEU class F-type containerships on December 15. Ever Forever was built at the Geoje Shipyard of South Korea's Samsung Heavy Industries, and Ever Far was delivered by Imabari Shipbuilding in Japan.The two new large containerships set sail in good order after the delivery procedures were completed. The ships’ 58,000-horsepower main engines are powering the technically advanced vessels to their allocated loading ports on Evergreen’s trans-Pacific services. Ever Forever will be put into service on the Asia-U.S.
Centerline Logistics Acquires Saltchuk Marine Services’ California Ship Refueling Ops
Centerline Logistics acquired Saltchuk Marine Services’ California ship refueling business, currently operated by subsidiary Foss Maritime Company. According to a press release from Centerline, this "major acquisition" brings together the combined capabilities of two of the nation’s leaders in petroleum transportation, strengthening Centerline’s position as a provider of around the clock bunkering (ship refueling) services.Through this expansion, Centerline will "substantially…
Argentina Agro-export Firms Improve Offer to End Grains Port Strike
Argentina's influential chamber of soyoil manufacturers and exporters on Sunday spiced up an offer to striking workers, seeking to end a more than two-week standoff that has bogged down exports from one of the world's main breadbaskets.The CIARA-CEC chamber said it would top up salaries by 35% in 2020, a central demand of the striking workers, many of whom stayed on the job through the height of the coronavirus pandemic. The group also offered a 70,000 peso (about $840) bonus…
Global Cargo Logjam Deepens
Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe.A surge in demand for furniture, exercise equipment and other goods for shoppers sheltering at home in a worsening COVID-19 pandemic has upended normal trade flows.That has stranded empty cargo containers in the wrong places, spawning bottlenecks that now stretch from factories to seaports.
Argentina: More than 100 Grains Cargo Ships Delayed by Port Workers Strike
More than 100 cargo ships were kept from loading agricultural goods in Argentina on Monday, as a wage strike by grains inspectors and oilseed workers stretched into its second week, paralyzing exports from one of the world's breadbaskets.Argentina is the No. 1 international exporter of soymeal livestock feed used to fatten hogs and poultry from Europe to Southeast Asia. Contract talks between workers and export companies have broken down over compensation packages, with both sides…
Drew Marine Launches Cargo Hold Solutions Lineup
Maritime servies firm Drew Marine announced it will launch a new cargo hold solution product segment, and that Alexandros Strigkos has been named as the Global Market Manager of the product segment.With its recent acquisition of CHEMO Hellas, a Greece-based company, Drew Marine added a number of products, including notably its cargo hold cleaning chemistry and related equipment.Strigkos had long been an important part of CHEMO’s cargo hold business. He has expertise in the technology…
Stena Line Considering Doubling Ireland-France Freight Services
Ferry firm Stena Line has brought forward a planned doubling of its direct Ireland to France freight service in response to “huge demand” from Irish hauliers hit by the closure of the French border to arrivals from Britain.While freight services were exempt from Ireland’s ban on Sunday on travel to Britain over fears of a new coronavirus strain, around 3,000 lorries take the shorter route to mainland Europe via the so-called British “land-bridge” each week.Stena had planned to add a second ship to its service from Ireland’s Rosslare harbor to the French port of Cherbourg from Jan.
Taiwan Tells Shipping Firms Not to Lift Prices amid Container Shortage
Taiwan's government has urged shipping companies not to unfairly push up their prices amid a global squeeze on shipping containers and a shortage of space on cargo ships, the transport ministry said on Friday.Trade-dependent Taiwan, a tech powerhouse, has benefited from demand for telecommuting products like tablet computers amid the COVID-19 pandemic, which has forced millions to work and study from home.The finance ministry said last week it saw 2020 exports hitting a record high.The transport ministry's Maritime and Port Bureau said the shipping container shortage was most severe on U.S.
Britain's Retail Industry Demands Probe of Disruption at Ports
Britain’s retailers and food manufacturers have called on lawmakers to urgently investigate ongoing disruption at UK ports, warning that delays were hurting their plans to build stocks ahead of Christmas and the December 31 end of the Brexit transition period.The British Retail Consortium (BRC) and the Food and Drink Federation (FDF) said on Thursday they had written to Lilian Greenwood, chair of parliament’s Commons Transport Select Committee, and Angus Brendan MacNeil, chair of the International Trade Committee…
COVID Vaccine is Bonanza for Digital Supply Chain Tracking Industry
More than half of vaccines go to waste globally every year because of temperature control, logistics and shipment-related issues.Logistical hurdles are a significant risk for efforts to rapidly distribute COVID-19 vaccines, but they have resulted in booming business for companies such as private California-based Cloudleaf, Germany’s SAP SE and others that sell technology for monitoring shipments from factory freezer to shot in the arm.Cloudleaf, backed by Intel Capital, the venture arm of chipmaker Intel Corp…
US Blacklists Chinese, UAE Companies Over Sale of Iranian Petrochemicals
The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian petrochemicals as Washington increases pressure on Tehran in the closing days of President Donald Trump's term.The U.S. Treasury Department said in a statement it had blacklisted the four entities for facilitating the export of Iranian petrochemical products by Triliance Petrochemical Co. Ltd, which was hit with sanctions by…
Baltic Exchange Launches New Service for Ship Investors
Publisher of maritime market benchmarks, the Baltic Exchange, has launched a new service for shipping investors which provides a snapshot five-year view of the financial prospects of dry bulk carriers.The Baltic Exchange Investor Indices are an easy to use online dashboard displaying data relevant to vessel investment decisions, residual value, health of earnings, spot and five-year timecharter earnings; purchase & recycling values; and running costs. It offers a high level of clarity and transparency for investors in capesize, panamax, supramax and handysize vessel types.
PSC Acquires Fryoux Tankerman Service
Petroleum Service Corporation (PSC), a provider of tankerman services, product handling and site logistics for the petrochemical and refining industries, announced Tuesday that it signed an agreement to acquire certain assets from shoreside tankerman company Fryoux Tankerman Service.As part of the transaction, PSC will absorb Fryoux’s tankerman operations along the Gulf Coast. Jimmy Fryoux, President of the third-generation, family-owned company built by his grandfather and father…
Port of Oakland: Imports Rise, Exports Fall in November
Full import containers at the Port of Oakland were up just under 1% in November 2020 compared to November of last year. Loaded export boxes at the Oakland seaport dipped 2.6% in November 2020 compared to the same month in 2019.Full import containers in November 2020 totaled 78,045 TEUs (one TEU is the equivalent of a 20-foot container). This figure was 0.9 percent higher than November 2019 loaded imports which totaled 77,367 TEUs.Although strong import demand continues in the U.S., November import cargo volume was not as high as anticipated at Oakland.
Iridium's GMDSS Service Goes Live
Satellite communications provider Iridium Communications Inc. announced Tuesday that its Global Maritime Distress and Safety System (GMDSS) service officially went live on Friday, December 11, ending a monopoly held by rival Inmarsat and enhancing the integrity of global safety communications for seafarers globally.GMDSS is an internationally regulated service, governed by the International Maritime Organization's (IMO) Safety of Life at Sea (SOLAS) convention. It provides life-saving assistance to seafarers in distress and has required equipment on board more than 60…
CMA CGM Ramps Up Asia-Europe Capacity Amid 'Unprecedented Demand'
One of the world's top container shipping companies said it is ramping up its capacity between Asia and Europe in response to unprecedented demand.The French-based CMA CGM Group said Monday it has accelerated the redeployment of its capacity, increasing tonnage assigned to lines between Asia and Europe by 6% for the fourth quarter of 2020 compared to the same period of 2019. It will also make further additions in the first quarter of 2021, when capacity will be 10% higher than in the current quarter.The Asia-Europe trade will be serviced by CMA CGM's new class of nine 9 23…