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Tuesday, November 20, 2018

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Image: United Nations Conference on Trade and Development

UNCTAD to Push Sustainability into Freight Transport Systems

The United Nations Conference on Trade and Development (UNCTAD) convenes meeting on ways to build sustainability into freight transport systems, including shipping, to boost trade with and between developing countries.According to UNCTAD, governments, shipping companies and trading industries will need to balance economic, social and environmental concerns to achieve sustainability in maritime transport, experts will say at an UNCTAD meeting in Geneva, Switzerland, on 21–23 November.Multi-year Expert Meeting on Transport…

UNCTAD to Push Sustainability into Freight Transport Systems

The United Nations Conference on Trade and Development (UNCTAD) convenes meeting on ways to build sustainability into freight transport systems, including shipping, to boost trade with and between developing countries.According to UNCTAD, governments, shipping companies and trading industries will need to balance economic, social and environmental concerns to achieve sustainability in maritime transport, experts will say at an UNCTAD meeting in Geneva, Switzerland, on 21–23 November.Multi-year Expert Meeting on Transport…

UNCTAD to Push Sustainability into Freight Transport Systems

The United Nations Conference on Trade and Development (UNCTAD) convenes meeting on ways to build sustainability into freight transport systems, including shipping, to boost trade with and between developing countries.According to UNCTAD, governments, shipping companies and trading industries will need to balance economic, social and environmental concerns to achieve sustainability in maritime transport, experts will say at an UNCTAD meeting in Geneva, Switzerland, on 21–23 November.Multi-year Expert Meeting on Transport…

Pic: Transport & Environment (T&E).

Shipping: No Progress on Climate Commitment, says T&E

The international shipping community has made little progress to advance the global  commitment made earlier this year to reduce the sector’s greenhouse gas emissions."This is despite impassioned pleas for action by climate scientists to the International Maritime Organisation’s (IMO) environment committee last month," said Transport & Environment (T&E).The leading NGO campaigning for cleaner transport in Europe said that some IMO delegates soon ‘would not have a country to land…

Shipping: No Progress on Climate Commitment, says T&E

The international shipping community has made little progress to advance the global  commitment made earlier this year to reduce the sector’s greenhouse gas emissions."This is despite impassioned pleas for action by climate scientists to the International Maritime Organisation’s (IMO) environment committee last month," said Transport & Environment (T&E).The leading NGO campaigning for cleaner transport in Europe said that some IMO delegates soon ‘would not have a country to land…

Shipping: No Progress on Climate Commitment, says T&E

The international shipping community has made little progress to advance the global  commitment made earlier this year to reduce the sector’s greenhouse gas emissions."This is despite impassioned pleas for action by climate scientists to the International Maritime Organisation’s (IMO) environment committee last month," said Transport & Environment (T&E).The leading NGO campaigning for cleaner transport in Europe said that some IMO delegates soon ‘would not have a country to land…

Shipping: No Progress on Climate Commitment, says T&E

The international shipping community has made little progress to advance the global  commitment made earlier this year to reduce the sector’s greenhouse gas emissions."This is despite impassioned pleas for action by climate scientists to the International Maritime Organisation’s (IMO) environment committee last month," said Transport & Environment (T&E).The leading NGO campaigning for cleaner transport in Europe said that some IMO delegates soon ‘would not have a country to land…

Image: Daewoo Shipping and Marine Engineering

Daewoo Shipping and Marine Engineering Posts Q3 Loss

The South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has posted a net loss in the third quarter from a year earlier due to one-off losses.According to a stock exchange announcement by the world’s second-largest shipbuilder by orders, the net loss reached 323.9 billion won (US$285.1 million) in the three months ending Sept. 30 from a net profit of 74.9 billion won during the same period last year.DSME's operating profit in the third quarter fell 9.6…

Photo: Jurong Port

Jurong Port Wins Green Port Certificate

Singapore-headquartered Jurong Port (JP) has been awarded the Green Port Certificate, a program under the Green Port Award System (GPAS) developed by the APEC Port Services Network (APSN)A press note from the international multipurpose port providing integrated solutions for the most complex of logistics operations said that the GPAS program is a green evaluation system for ports in the Asia-Pacific Economic Cooperation (APEC) region which assesses initiatives that improve environmental…

Image: Enagas

EC Selects Enagás Initiative to Boost LNG

The ‘LNGHIVE2: Infrastructure and Logistics Solutions’ project, coordinated by Enagás, has been selected by the European Commission ‘Connecting Europe Facility’ (CEF) for funding.The initiative aims to boost the use of liquefied natural gas (LNG) as a fuel for maritime and rail transport. The total investment in the project will be around EUR14 million, of which close to EUR3 million will be financed by European funds.The initiative, coordinated by Enagás and promoted by Puertos Del Eastado…

EC Selects Enagás Initiative to Boost LNG

The ‘LNGHIVE2: Infrastructure and Logistics Solutions’ project, coordinated by Enagás, has been selected by the European Commission ‘Connecting Europe Facility’ (CEF) for funding.The initiative aims to boost the use of liquefied natural gas (LNG) as a fuel for maritime and rail transport. The total investment in the project will be around EUR14 million, of which close to EUR3 million will be financed by European funds.The initiative, coordinated by Enagás and promoted by Puertos Del Eastado…

Expedition Vessel Magellan Explorer. Image: V.Group

V.Ships Wins Magellan Explorer Contract

The global marine and offshore vessel management and support services provider V.Group said that its V.Ships Leisure unit has been awarded a contract by Antarctica21 for the technical management of the expedition vessel, Magellan Explorer.The 100-guest Magellan Explorer is currently under construction at Asenav in Chile and due to be delivered in October 2019, the ship management company company said.The vessel, which is being built to the new polar code and is uniquely customised for fly-cruises in Antarctica…

© HHM / Annette Krüger

Port of Hamburg: Railborne transport up 4.3%

In the first nine months of the year, the Port of Hamburg transferred substantially more freight on to rail - Seaborne cargo handling was below the previous year’s level, owing to less bulk cargo and a slight downturn in container handling, while there was an increase for conventional general cargo.In the Port of Hamburg, railborne container transport achieved a distinct advance of 4.3 percent in the first nine months of the year. A total of 1.8 million TEU – 20-ft standard containers – were transported by rail between the port and inland inter-modal terminals.

Port of Hamburg: Railborne transport up 4.3%

In the first nine months of the year, the Port of Hamburg transferred substantially more freight on to rail - Seaborne cargo handling was below the previous year’s level, owing to less bulk cargo and a slight downturn in container handling, while there was an increase for conventional general cargo.In the Port of Hamburg, railborne container transport achieved a distinct advance of 4.3 percent in the first nine months of the year. A total of 1.8 million TEU – 20-ft standard containers – were transported by rail between the port and inland inter-modal terminals.

Port of Hamburg: Railborne transport up 4.3%

In the first nine months of the year, the Port of Hamburg transferred substantially more freight on to rail - Seaborne cargo handling was below the previous year’s level, owing to less bulk cargo and a slight downturn in container handling, while there was an increase for conventional general cargo.In the Port of Hamburg, railborne container transport achieved a distinct advance of 4.3 percent in the first nine months of the year. A total of 1.8 million TEU – 20-ft standard containers – were transported by rail between the port and inland inter-modal terminals.

Port of Hamburg: Railborne transport up 4.3%

In the first nine months of the year, the Port of Hamburg transferred substantially more freight on to rail - Seaborne cargo handling was below the previous year’s level, owing to less bulk cargo and a slight downturn in container handling, while there was an increase for conventional general cargo.In the Port of Hamburg, railborne container transport achieved a distinct advance of 4.3 percent in the first nine months of the year. A total of 1.8 million TEU – 20-ft standard containers – were transported by rail between the port and inland inter-modal terminals.

Peter Stephaich

Stephaich Elected Chairman of WCI

The Waterways Council, Inc. (WCI) named Peter H. Stephaich, Chairman and CEO of Campbell Transportation Company, Inc. (Pittsburgh, PA), as its Chairman of the Board. Stephaich succeeds Tim Parker, President, Parker Towing Company (Tuscaloosa, AL), who served as WCI Chairman from 2016-2018.Stephaich has served the barge industry for more than 30 years in a number of key roles, as Past Chairman and Past Treasurer of the American Waterways Operators; Past Chairman and Trustee of the National Waterways Foundation…

Debasish Mohapatra (Photo: OSC)

Oman Shipping: Strong Domestic Performance

Oman Shipping Company (OSC) is reporting strong performance in domestic markets following long-term deals with local refineries and traders including ORPIC and OTI.OSC’s growth in the region is being driven by a 20-year contract to transport condensate for ORPIC (Oman Oil Refineries and Petroleum Industries Company) and a 15-year deal transporting methanol for OTI (Oman Trading International) from Salalah Methanol plant.The company is further supporting the export of LPG from Sohar Refinery to Yemen, Sudan, India, Bangladesh and Sri Lanka.

Oman Shipping: Strong Domestic Performance

Oman Shipping Company (OSC) is reporting strong performance in domestic markets following long-term deals with local refineries and traders including ORPIC and OTI.OSC’s growth in the region is being driven by a 20-year contract to transport condensate for ORPIC (Oman Oil Refineries and Petroleum Industries Company) and a 15-year deal transporting methanol for OTI (Oman Trading International) from Salalah Methanol plant.The company is further supporting the export of LPG from Sohar Refinery to Yemen, Sudan, India, Bangladesh and Sri Lanka.

Oman Shipping: Strong Domestic Performance

Oman Shipping Company (OSC) is reporting strong performance in domestic markets following long-term deals with local refineries and traders including ORPIC and OTI.OSC’s growth in the region is being driven by a 20-year contract to transport condensate for ORPIC (Oman Oil Refineries and Petroleum Industries Company) and a 15-year deal transporting methanol for OTI (Oman Trading International) from Salalah Methanol plant.The company is further supporting the export of LPG from Sohar Refinery to Yemen, Sudan, India, Bangladesh and Sri Lanka.

Oman Shipping: Strong Domestic Performance

Oman Shipping Company (OSC) is reporting strong performance in domestic markets following long-term deals with local refineries and traders including ORPIC and OTI.OSC’s growth in the region is being driven by a 20-year contract to transport condensate for ORPIC (Oman Oil Refineries and Petroleum Industries Company) and a 15-year deal transporting methanol for OTI (Oman Trading International) from Salalah Methanol plant.The company is further supporting the export of LPG from Sohar Refinery to Yemen, Sudan, India, Bangladesh and Sri Lanka.

Pic: Costamare Inc

Costamare Acquires York Capital Interest in 5 Containerships

The owner and provider of containerships for charter Costamare announced the acquisition of the 60% equity interest of York Capital in five 2016 - built 14,000 TEU containerships.The acquisition brings the Company’s ownership interest in these five vessels to 100%. The five vessels were initially contracted as new buildings under the joint venture with York Capital in 2014. The vessels currently operate under long term charters to Evergreen expiring in 2026.The terms of the acquisition include the option to defer 75% of the purchase price for up to 18 months after closing…

Costamare Acquires York Capital Interest in 5 Containerships

The owner and provider of containerships for charter Costamare announced the acquisition of the 60% equity interest of York Capital in five 2016 - built 14,000 TEU containerships.The acquisition brings the Company’s ownership interest in these five vessels to 100%. The five vessels were initially contracted as new buildings under the joint venture with York Capital in 2014. The vessels currently operate under long term charters to Evergreen expiring in 2026.The terms of the acquisition include the option to defer 75% of the purchase price for up to 18 months after closing…

Damen ASD Tug 2411 (Photo: Damen Shipyards)

Rimorchiatori Spezzini Orders Two Damen ASD Tugs

Rimorchiatori Spezzini, a subsidiary of the Scafi Group, contracted Damen Shipyards Group for two new Damen ASD Tugs 2411. The order comes as part of Scafi’s plans to expand its fleet in response to the newly assigned harbor towage concession in the port of Safi, Morocco. The two new ASD Tugs will be based in the Port of La Spezia, an important maritime hub for commercial markets in North Italy, Austria, Switzerland and Germany. (Read more about the Port of La Spezia in the latest…

Image: Gasum

Posti to Use LNG Vehicles

Finland's leading postal and logistics service company Posti has taken into service two full trailer combinations powered by liquefied natural gas (LNG).Posti will be using the LNG vehicles for demanding transport operations. Posti's target is to reduce carbon dioxide emissions in proportion to net sales by 30% by 2020.Posti will be using the LNG-powered vehicle combinations for demanding transport operations on routes including Vantaa–Oulu, Vantaa–Lappeenranta and Vantaa–Turku.The vehicles will cover a daily distance of around 900 km…

India to Probe Alleged Antitrust Behavior by Maersk, DP World at Mumbai Port

India's antitrust regulator has ordered a probe into alleged anti-competitive practices by Denmark's A.P. Moller-Maersk and Dubai's DP World at the terminals they operate at the country's largest container port in Mumbai, five sources familiar with the matter told Reuters.The decision by the Competition Commission of India (CCI) to investigate follows a complaint by Singapore's PSA International Pte Ltd, which alleged that Maersk and DP World created entry barriers to hinder the…