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Thursday, November 26, 2020

Red Sea News

The new 65-ton twin-lift capacity STS cranes can accommodate the latest generation of Ultra-Large Container Ships (ULCS) of 24,000+ TEU capacity, with a 70-meter reach and a 52-meter height. Photo Courtesy: Red Sea Gateway Terminal (RSGT) / ZPMC.

New ZPMC Cranes Power Container Expansion at Saudi Arabia's RSGT Terminal

Red Sea Gateway Terminal (RSGT) has taken delivery of two remote-controlled Ship-to-Shore (STS) cranes, and 10 hybrid-Rubber-Tyred Gantry Cranes (RTGs), as part of its expansion of Jeddah Port's premier facility to double annual container throughput capacity to 5.2 million TEUs by 2023."This is another key milestone in RSGT's commitment and continuous investment to enhance our world-class terminal services. As well as increase the efficiency and capability to meet the different levels of customer needs for next-generation vessels…

The Royal Bahrain Naval Force coalition ship, RBNS Al Muharraq, operates in the Arabian Gulf during a sentry patrol as part of the International Maritime Security Construct (IMSC). The IMSC maintains the freedom of navigation, international law, and free flow of commerce to support regional stability and security of the maritime commons. (Royal Bahrain Naval Force Courtesy Photo).

On Watch: International Coalition Monitors, Protects Middle East Shipping Lanes

The International Maritime Security Construct (IMSC) was created July 2019 as a way to deter unprofessional behavior in the waters of the Middle East region through its operational arm, Coalition Task Force (CTF) Sentinel.The IMSC comprises eight nations – Albania, Australia, Bahrain, Saudi Arabia, Lithuania, United Arab Emirates, United Kingdom and United States – who deploy personnel, ships and aircraft throughout the region as part of the international surveillance and detection effort.Since establishing CTF Sentinel…

© LevT / Adobe Stock

DP World to Partner with Israeli Firm in Bid for Haifa Port

Dubai's DP World is partnering with an Israeli group to bid for one of Israel's two main ports and to examine opening a direct shipping line between the two Middle East states, it said on Wednesday.The announcement came a day after Israel and the United Arab Emirates signed an historic agreement to normalize ties, and marks a big development in trade and economic collaboration.Dubai state-owned DP World, which operates ports from Hong Kong to Buenos Aires, signed a series of agreements with Israel's DoverTower including a joint bid in the privatization of Haifa Port on the Mediterranean…

SAFEEN FEEDERS’ vessels will operate a pendulum loop of transhipment services to mainline operators at ports across the upper Arabian Gulf and Indian Sub-Continent, on weekly 21-day rotations from Khalifa Port in Abu Dhabi. (Image: Abu Dhabi Ports)

Abu Dhabi Ports Launches Feeder Service

Abu Dhabi Ports has established a new feeder services company, SAFEEN FEEDERS, to serve the group’s mainliner shipping clients in the Gulf region.SAFEEN FEEDERS will introduce a new feeder service linking Abu Dhabi to ports serving the UAE, the broader Gulf region and Indian Sub-Continent. The service will be executed in partnership with feeder service operator Bengal Tiger Line (BTL) through a vessel sharing agreement.The service will allow for exchange of container cargo between mainliner vessels and the vessels within the rotation calling at nine regional ports located across the UAE…

© momentscatcher  / Adobe Stock

Saudi-led Coalition Thwarts Red Sea Attack

Naval forces from the Saudi-led coalition fighting in Yemen on Sunday foiled an "imminent terrorist" attack by the Iran-aligned Houthi movement in the southern Red Sea, a major commercial shipping channel, the coalition said.The forces destroyed an unmanned boat laden with explosives that was launched from Hodeidah province in western Yemen, coalition spokesman Colonel Turki al-Malki said in a statement on Saudi state news agency SPA, without identifying the targets.There was no immediate confirmation from the Houthi movement…

PIL Exits Transpacific Market

Singapore shipping company Pacific International Lines (PIL) has announced that it is quitting the Transpacific market as part of an optimization strategy. The shipping line has been participating in a half-dozen trans-Pacific services, mostly in slot-charter arrangements.PIL’s last Transpacific sailing will be in March 2020.The company said it has taken the decision as part of a wider strategic review of its business. Henceforth, PIL will focus on further strengthening its position in the North-South Trade such as Africa…

Photo: Red Sea Gateway Terminal

RSGT Welcomes Advanced Terminal Equipment

Red Sea Gateway Terminal (RSGT) announced the arrival of the first consignment of new advanced terminal equipment, which includes terminal trucks and trailers that will accelerate and speed up port and quay operations at the Northern Part of Jeddah Islamic Port (JIP), the biggest and busiest port in Saudi Arabia.Jeddah Islamic Port is the primary port of call and trade conduit for trade and shipping in and out of the Kingdom via the Suez Canal.The delivery of the new advanced…

DP World to Invest $500 in Jeddah Port Upgrade

The global port operator DP World has been awarded a 30-year Build-Operate-Transfer (BOT) concession by the Saudi Ports Authority (Mawani), for the management and development of the Jeddah South Container Terminal at the multi-purpose Jeddah Islamic Port.According to a press release from the UAE-based world leader in global supply chain solutions, under the agreement, DP World will invest up to $500 million to improve and modernize the Jeddah Islamic Port, including major infrastructure development to enable the Port to serve the ultra-large container carriers (ULCC’s)…

Boskalis Completes Horizon Acquisition

Dutch dredging and heavylift company Royal Boskalis Westminster has acquired the remaining 37.5% in the United Arab Emirates’s Horizon Group, a company specializing in the provision of marine geophysical surveys and geotechnical services.Earlier this year, Boskalis already acquired 62.5% of the shares. The 2019 revenue is expected to exceed USD 100 million and the activities will be consolidated as of 2020.Following this transaction, Boskalis will be able to optimize its successful…

Source: BIMCO, WTO

BIMCO: Tanker Shipping and Macroeconomics Outlook

World growth and trade volumes under pressure, but still positive. A continued slowdown in global growth, as well as a lower trade multiplier will reduce overall demand for shipping for the rest of this year and through 2020.Expectations for global trade growth have also been lowered for 2020; this is now forecast at 2.7%, down from 3%. The WTO cautions that risks to these forecasts are weighted to the downside, with these risks including a potential deepening of trade tensions…

Houthis Release South Korean, Saudi vessels

Yemen's Iran-aligned Houthi movement released three vessels and 16 people it had seized, South Korea's Foreign Ministry and a Houthi military source in Yemen said on Wednesday.The seizure on Sunday was the latest incident at sea around Yemen, where Saudi Arabia is leading a Western-backed coalition of Arab states against the Houthis, who control the capital and most population centres and have been accused of attacking shipping.Of the vessels freed on Tuesday, two were South Korean and one was Saudi Arabia-flagged…

Virgin Hyperloop to Add $4Bln to S. Arabia

Virgin Hyperloop One (VHO) is anticipated to pile in a potential US$4 billion into Saudi Arabia as it strives to make hyperloop transportation a reality.A 35-kilometer test and certification track will be built 100 kilometers north of the Red Sea port of Jeddah, in King Abdullah Economic City (KAEC) by US tech transport company VHO, which commissioned the study.The study said that a Center of Excellence, if approved, would drive domestic growth by adding to the creation of more than 124…

RECSO Hosts First Global Oil Spill conference

The Regional Clean Sea Organization (RECSO), an oil industry co-operative organisation in the Middle East, has hosted First RECSO Enviro Spill Conference and Exhibition.In delivering the keynote speech at the opening ceremony, Abdulhakim A. Al-Gouhi, vice president of Industrial Services with Saudi Aramco, called on members to collaborate to protect the pristine Gulf environment through prevention, preparedness, and response.“We come together to demonstrate our unlimited commitment toward protecting the marine environment from any harmful effects of pollution…

Iranian Tanker Hit by Missiles, Oil Rises

Oil prices jumped more than 2% on Friday, October 11, 2019, after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants.The Suezmax crude tanker Sabiti was ablaze and suffered heavy damage after being hit by two missiles, Iranian media reported.Both oil benchmarks recorded their biggest daily rise since Sept. 16, the first trading day after the…

Grace 1 remains impounded, not because of its flag but because it was suspected of taking oil to Syria in breach of EU sanctions, an allegation that Iran denies. Image Credit: © MarineTraffic.com

INSIGHTS: Noose Tightens Around Iranian Shipping

Somewhere on its journey from the waters off Iran, around Africa's southern tip and into the Mediterranean, the Grace 1 oil tanker lost the flag under which it sailed and ceased to be registered to Panama. Iran later claimed it as its own.The ship carrying 2 million barrels of Iranian crude was seized by British Royal Marines off Gibraltar, raising tensions in the Gulf where Iran detained a UK-flagged ship in retaliation.Grace 1 remains impounded, not because of its flag but because it was suspected of taking oil to Syria in breach of EU sanctions…

USN File photo: flight operations underway on the USS Boxer, the warship credited this week with downing an Iranian drone.

Stakeholders Ignore U.S. Middle East Coalition Proposals

The United States is struggling to win its allies' support for an initiative to heighten surveillance of vital Middle East oil shipping lanes because of fears it will increase tension with Iran, six sources familiar with the matter said.Washington proposed on July 9 stepping up efforts to safeguard strategic waters off Iran and Yemen where it blames Iran and its proxies for tanker attacks. Iran denies the charges.But with Washington's allies reluctant to commit new weaponry or fighting forces…

file image of US Navy assets underway (CREDIT: USN)

US to Work "aggressively" for Free Gulf Passage

U.S. Central Command chief General Kenneth McKenzie said on Thursday it was talking to other countries about freedom of navigation in the Gulf and would work "aggressively" to find a solution to enable free passage.The United States has beefed up its military presence in the Middle East over a perceived Iranian threat and is asking allies to help protect strategic waters off Iran and Yemen, following attacks on oil tankers in Gulf waters in recent months."We are currently talking…

File Image: AdobeStock / © Taras

Unarmed Guards Deployed to Navigate Gulf

Shipping companies are hiring unarmed security guards for voyages through the Middle East Gulf as an extra safeguard after a wave of attacks in the region, security companies involved said.Relations between Iran and the West are increasingly strained after Britain seized an Iranian tanker in Gibraltar this month. Britain also said last week that one of its warships had to fend off Iranian vessels seeking to block a UK-owned tanker from passing through the Strait of Hormuz.As the risk of escalation grows…

Logo: MARAD

MSCI Advisory: Regional Conflict and Piracy

2019-007-Red Sea, Gulf of Aden, Arabian Sea, Gulf of Oman, and Indian Ocean-Violence Due to Regional Conflict and PiracyDescription:This revised advisory cancels U.S. Maritime Advisory 2018-0151. References: (a) U.S. Maritime Alerts 2018-001A, 2018-002A, 2018-002B, 2018-005A, and 2018-007A2. Issues: Regional conflict and piracy threats continue to pose potential risks to commercial vessels operating in the above listed geographic areas.3. Conflict in Yemen continues to pose potential risk to U.S.

© bleung / Adobe Stock

Egypt Shuts Three Ports Due to Bad Weather

Egypt closed the Red Sea port of Sharm al-Sheikh and the Mediterranean ports of Alexandria and Dekheila on Saturday due to bad weather, the Red Sea Port Authority and a spokesman for the Alexandria Port Authority said.The Alexandria and Dekheila ports were shut due to "high waves and wind speed", spokesman Reda Ghandour said.

(Photo courtesy CMA CGM)

Partners Extend Ocean Alliance to 2027

Partners in the world’s largest operational agreement between shipping companies have agreed to extend their alliance until 2027.The Ocean Alliance, consisting of CMA CGM Group, COSO SHIPPING, Evergreen and OOCL, was launched in 2017 for an initial period of five years with an option for a five-year renewal.The partners confirmed they will extend to the alliance's full 10-year duration, during a signing ceremony in Hainan, China on Thursday.Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group…

© Eugene Sergeev / Adobe Stock

Egyptian Ports Reopen After Sandstorm Clears

Egypt reopened five ports on Thursday that it had shut due to bad weather as conditions improved and winds stabilized, the Red Sea Ports Authority said.Several Egyptian port cities and the capital Cairo were hit by a severe sandstorm on Wednesday, which prompted the closure of several ports.The ports of Alexandria and Dekheila on the Mediterranean in the Alexandria governorate, which had been shut since Sunday, reopened at 1330 local (1130 GMT), Reda Ghandour, a spokesman for the Alexandria Port Authority, said.He said the decision to reopen the ports was made after wind speed, wave height and

Ocean Alliance Unveils Day 3 Product

The world’s largest operational agreement between shipping companies Ocean Alliance -CMA CGM, COSCO SHIPPING, Evergreen and OOCL - has announced the launch of their Ocean Alliance Day 3 Product starting April 2019."Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, signs with his partners the launch of Ocean Alliance Day 3 Product, which will start in April 2019," said a press release from the shipping group.On the occasion of this announcement, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group…

File Image: a boxship transits the suez Canal in better weather (CREDIT: © Andriy Kovach / AdobeStock)

UPDATE: Egypt Egypt Reopens Four of Six Ports Shut Due to Bad Weather

Egypt had previously closed four ports on the Red Sea and two on the Mediterranean due to bad weather, officials said on Sunday.Over the weekend, the ports of Suez and Zeitiyat were shut in Suez governorate, the Red Sea Ports Authority said. Adabiya and Ain Sokhna ports, in the same governorate, also closed, a source at the General Authority for the Suez Canal Economic Zone said.Today, Egypt reopened four ports on the Red Sea on Monday, a day after they were closed due to bad weather conditions, authorities said.

African Sprinter (Courtesy of Monjasa)

Monjasa: New Bunker Location on the Suez

Monjasa expects a 200,000mts volume increase from its new supply location Djibouti. The objective is to challenge status quo and provide a valid alternative to the traditional Suez and Jeddah bunker markets.Strategically located at the mouth of the Red Sea, Djibouti is fast developing into an attractive bunker destination on the busy Suez waterway. Improved maritime infrastructure and heavy investments in port developments are expected to further advance trade going in and out…

Aqaba Container Terminal Positions as a Logistics Hub in Jordan

Jordan's Aqaba Container Terminal (ACT), operated by APM Terminals,  is making strong progress in its transformation into a transport and logistics hub for the Levant region.The port operating company in Jordan said that this is being driven by improvements in infrastructure, capacity and digital systems spearheaded by the container port.“The port´s new platform and systems enhance Aqaba's competitiveness in the fields of industry and logistics and is transforming it into a logistical gateway for various modes of transportation across the Middle East…