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Tuesday, May 26, 2020

Turkey News

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Ukraine Wheat Exports Jump Despite Government Warning

Ukrainian wheat exports jumped nearly 50 percent in the week of April 11-17 despite a government warning that it could ban shipments if export rates are too high.Preliminary data from the APK-Inform consultancy on Sunday showed that Ukraine exported 319,000 tonnes of wheat last week, up from 217,000 tonnes a week earlier.Taras Vysotskiy, deputy economy minister in charge of agriculture, told Reuters last week that Ukraine, one of world's top grain exporters, was ready to ban wheat exports if sales exceed limits agreed with traders.APK-Inform said that the 2019/20 season's wheat exports had rea

MSC Federica (Photo courtesy of Peel Ports)

Peel Ports Marks Record Container Volume From Single Vessel

The Port of Liverpool’s deep-water container terminal has broken a new terminal record after the MSC Federica docked and exchanged 5,452 TEUs.The vessel is part of MSC’s Turkey Canada service which has seen remarkable success and includes calls at Montreal, Liverpool, Sines, Valencia, Barcelona and Tekirdağ amongst other terminals. This service directly links Liverpool to the Far East.Its arrival signifies the current strength of Liverpool on the global trading stage. In 2016 owner Peel Ports invested $494m into the container terminal…

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Outlook for India's Ship-breaking Turns Negative

The outlook for India's ship-breaking industry has turned negative amid volatile scrap prices and a falling rupee, says ICRA.The country's ship-breaking activity, while tepid during CY2019 due to subdued demand and depressed scrap prices, gathered momentum at the start of CY2020 following the implementation of the International Maritime Organization (IMO) sulphur cap regulations from January 2020. But weakness in the international shipping markets further aggravated by the coronavirus has since dampened sentiments.

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Cape Town Ships Cleared After Negative COVID-19 Tests

Test results from the individuals suspected to be the first cases of COVID-19 in any South African seaport have all come back negative, Transnet National Ports Authority has confirmed.Earlier this week two vessels, the general cargo vessel MV Corona and the cruise ship AIDAmira, were held off port limits outside the Port of Cape Town. The cruise liner was later allowed to dock but its roughly 1,700 passengers and crew remained onboard pending test results from one suspected COVID-19 case and seven others who had possible contact with him.Captain Dennis Mqadi…

Image: Belships ASA

Belships Sells Bulker to Marti Shipping

Belships ASA, a bulk carrier operator and ship management company, has confirmed that it  entered into an agreement with Marti Shipping & Ship Management of Turkey for a bareboat charter and subsequent sale of BELEAST.The 50 000 dwt bulk carrier was built in 2006 and was the oldest ship in Belships fleet. BELEAST was delivered in December as planned and Belships realized a gain of USD 4.4m.The Charterer has an obligation to purchase the vessel within 24 months and the net cash flow during the period will be approximately USD 3.5m after repayment of outstanding loans.In October…

Arun Sharma, Executive Chairman. Photo: IRClass

IRClass Foreign Flag Fleet Reg. Up 16%

The Indian Register of Shipping (IRClass) said that the classed fleet registered approx. 3% growth in the past year.The ship classification society said that its foreign flag fleet continued to grow at a robust pace with 16% more vessels added during 2019 demonstrating strong global acceptance of IRClass services.IRClass received several flag authorizations in 2019 including key flags like Cyprus and Denmark and is now recognized by 45 flag states worldwide. It opened a new office in the Netherlands to add to its other European offices in the UK…

(Photo: Dachser)

Can the New Silk Road Compete with the Maritime Silk Road?

China’s president Xi Jinping refers the Belt and Road Initiative, aka the New Silk Road, as the “Project of the Century” and according to a recent Bloomberg article, Morgan Stanley anticipates Chinese investments will total $1.3 trillion by 2027. In addition, more than 150 countries and international organizations have committed to invest in the project as well with infrastructure enhancements, such as roadways and power plants. But will this New Silk Road ever really compete with the firmly established Maritime Silk Road?Bernhard Simon…

Image: P&O Ferrymasters

P&O Ferrymasters Expands in Turkey

European providers of transportation and logistics services P&O Ferrymasters has announced plans to open five new offices across Turkey over the next two years as it continues the expansion of its pan-European logistics services into Asia.In addition to its existing base in Istanbul, P&O Ferrymasters will develop a comprehensive network across the strategically vital country by opening offices in Izmir on the Aegean coast, the capital city Ankara, Mersin on the south coast, Bursa in the Marmara region and Gaziantep near the border with Syria.Murat Bog…

Containership Grounds in the Bosphorus Strait

A foreign cargo ship ran aground in Istanbul's Bosphorus strait on Friday, requiring a rescue operation and prompting authorities to temporarily close the picturesque and crowded waterway running through Turkey's largest city.There were no injuries or casualties, the governor's office said, adding that the ship had reported engine failure shortly before its grounding near the shore.There was no damage to the concrete walkway running along the shore, Reuters witnesses said.The Bosphorus…

Hundreds Petition Against Erdogan's Canal Project

Hundreds of people in Istanbul have signed petitions in the past two days opposing a massive canal project championed by Turkish President Tayyip Erdogan, which they say will wreak environmental havoc in the city.The proposed 45-km (28-mile) Kanal Istanbul on the western fringes of Turkey's largest city would connect the Black Sea to the north and the Marmara Sea to the south.Erdogan says it will ease traffic and prevent accidents on the natural Bosphorus strait, one of the world's busiest waterways…

File Image of the Bosphorus strait . Image Credit: © AdobeStock / Artur

Cargo Ship Aground in Bosphorus Straight

A cargo ship collided with the shore in Istanbul's Bosphorus strait on Friday, according to the governor's office and a witness, prompting authorities to close the picturesque and crowded waterway running through Turkey's largest city.There were no injuries or casualties, the governor's office said, adding that the ship reported engine failure shortly before the collision.

Image: WiseTech Global

WiseTech Global Acquires Ready Korea

Global logistics software group, WiseTech Global has announced the acquisition of Ready Korea, a customs, bonded warehouse and trade compliance solutions provider in South Korea.Headquartered in Seoul, Ready Korea offers a cross-border compliance solution, which facilitates the lodgement of electronic transactions to the Korean Customs Service, including customs brokerage and refunds and Free Trade Agreement verification, along with bonded warehouse management.Ready Korea also…

Gopal Krishna, Secretary to the Government of India, Ministry of Shipping and Amitabh Kumar, India's Director General of Shipping, deposited the instrument of accession to the Hong Kong Convention with IMO Secretary-General Kitack Lim yesterday (28 November) during the thirty-first session of the IMO Assembly. Photo: IMO

India Accedes to Ship Recycling Convention

India, one of the world's five major ship recycling countries, has acceded to the IMO Hong Kong Convention, the treaty that will set global standards for safe and environmentally-sound ship recycling.India's accession brings this important convention a significant step closer to entering into force, with the required 15 States now party to it and with India's ship recycling volume considerably contributing to the required recycling capacity.The Hong Kong Convention1 covers the design…

Photo: Port of Baku

Baku Port Signs Major Asia-Europe Freight MoU

The Port of Baku,  Austrian ÖBB Rail Cargo Group and Cabooter Group (NL) signed an agreement to strengthen and expand the freight traffic from Europe to Central Asia and China via the Trans-Caspian International Transport Route (Middle Corridor). The Federal Minister of Transport, Innovation and Technology of Austria, Mr. Andreas Reichhardt, and Ambassador of the Republic of Azerbaijan to Austria, Mr. Galib Israfilov were also present at the signing ceremony.The parties have decided…

Image: ERBD

EBRD Backs Mersin Port's $600Mln Bond

The European Bank for Reconstruction and Development (EBRD) said that it is backing the new US$ 600 million five-year bond issued by Mersin International Port, the operator of Turkey’s largest port.The Bank has invested US$ 90million in the issuance, helping attract a host of investors, despite a challenging market environment in Turkey.The proceeds of the bond will help refinance Mersin International Port’s 2013 bond, which matures in August 2020, will support ongoing operations…

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Venezuelan State Imports Surge Despite Sanctions

Venezuela's public-sector imports, which include subsidized food for the poor, surged in the first quarter of this year despite U.S. sanctions that President Nicolas Maduro describes as a full blockade, a recent release of central bank data shows.Government-linked entities handle the bulk of international trade in the crisis-stricken socialist country, and both imports and exports have declined dramatically since 2014, when a drop in oil prices sent the OPEC nation's economy into a tailspin marked by hyperinflation and shortages of food and medicine.But in the first three months of 2019…

Pic: Kalmar

Asyaport Selects Kalmar Zero Emission RTG

Kalmar, the provider of cargo-handling solutions and services to ports, said that it has been awarded a contract to supply Asyaport Liman A.S. (Asyaport) with a total of six Kalmar Zero Emission rubber-tired gantry (RTG) cranes.According to the Cargotec group company, the order, which also includes Kalmar SmartPort solutions that are part of the recently launched Kalmar One automation system, was booked in Cargotec's 2019 Q4 order intake, with delivery scheduled for Q4 of 2020.Asyaport is a joint venture between the Turkish Soyuer family and Global Terminal Limited…

Pic: Hapag-Lloyd

Hapag-Lloyd Opens New South Europe HQ

German cargo container shipping line, Hapag-Lloyd AG, officially opened its headquarter for the new region.CEO Rolf Habben Jansen presented the keys of the office complex in Genoa (Italy) to the new Senior Managing Director Juan Pablo Richards.During the opening event, Habben Jansen explained the motivation to create a new region: “After our merger with UASC in 2017 the Mediterranean region has gained more importance for us. That's why we are eager to bolster our competitive position…

Image: Belships Management (Singapore) Pte Ltd

Belships Offloads Supramax Bulk Carrier

Norwegian shipping company Belships has entered into an agreement for a bareboat charter and subsequent sale of its 50,000 dwt Supramax bulk carrier Beleast.According to an agreement with Marti Shipping & Ship Management of Turkey Belships' 2006-built vessel will enter the bareboat charter during the fourth quarter of 2019. It is the oldest ship in Belships’ fleet of 22 Supramax and Ultramax vessels, including newbuildings.Beleast will enter the bareboat charter during the fourth…

Photo: Cummins

Turkey/Norway Diesel-Electric-Battery Ferry

With a rugged coastline and many fjords to cross, Norway has become a world leader in progressive ferry design. Turkey, with a skilled work force and broad marine experience has become a leader in ferry construction. Put the two together and you have the teamwork that results in the Basto series of RO-RO ferries.The latest in the class, Basto VII, to be launched in December of 2019, will have at its heart, four Cummins QSK50 IMO Tier III diesel-powered generator sets, two in each end and each producing 1290 kWm.

Hapag-Lloyd CEO Rolf Habben Jansen: developing the organization and ensuring proximity to markets and customers.

(Photo: Hapag-Lloyd)

Hapag-Lloyd Splits EU Ops into Two Regions

Cargo container shipping line Hapag-Lloyd has is to split its European operations into northern and southern regions. The company said the move was part of its strategy to remain closely connected with international clients. After the reorganization, Hapag-Lloyd will serve its customers from a total of six regions.The new Region South Europe will be headquartered in Genoa, Italy to reinforce the company’s activities in the Mediterranean region. Juan Pablo Richards, previously manager of the company’s operations in Area Brazil…

Credit: Port of Cleveland

BREAKBULK SHIPPING: Breakbulk Breaks the Mold

In the cargo shipping world, there’s the bulk sector, the container segment, and then, there is “everything else.”When it comes to ‘everything else,’ breakbulk is the cargo that resides in between, comprising much of that remainder, including forest products (lumber, baled pulp) and steel. Breakbulk may, at times, share space on multipurpose vessels that also handle heavylift and project cargo, but can also be transported on vessels that handle drybulk. Prior to the advent of containerization, bales, barrels and pallets dominated.

Map: Hapag-Lloyd

Hapag-Lloyd Splits European Services

German-based  cargo container shipping line Hapag-Lloyd AG is splitting its Region Europe into northern and southern parts. In doing so, the world’s fifth-largest liner shipping company will remain close to global markets and serve customers from a total of six regions effective immediately.The new Region South Europe, which will have its headquarters in the Italian port city of Genoa, aims to bolster Hapag-Lloyd’s competitive position in the Mediterranean region. It will include Area Italy…

From left: TOSYALI Chairman Fuat Tosyali, Turkish Ambassador to Japan, H.E. Dr. Hasan Murat Mercan, MOL President & CEO, Junichiro Ikeda. Photo: MOL

Turkish Steel Giant in Logistics Pact with MOL

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has signed a memorandum of agreement with Turkish steel producer Tosyali Holding A.S.A joint press release said that the agreement is to begin the research toward a strategic partnership, and in this respect signed a memorandum of agreement in the presence of Dr. Hasan Murat Mercan, Turkish Ambassador to Japan, at the Turkish Embassy in Tokyo on August 30.The companies will study the possibility of a partnership in the transport of raw materials and steel products in Tosyalı's production networks in Turkey and overseas…

File Image: the former Grace 1 underway (MarineTraffic.com)

Iranian Tanker Deviates from Turkish Destination

Iranian tanker Adrian Darya, at the centre of a dispute between Washington and Tehran, has changed course away from the Turkish coast, Refinitiv ship tracking data showed on Thursday.The tanker, formerly called Grace 1, was released from detention off Gibraltar in mid-August after a five-week standoff over whether it was carrying Iranian oil to Syria in violation of European Union sanctions.A Turkish official told Reuters earlier on Thursday that the Iranian tanker had not entered Turkish waters.

File Image: the former M/T Grace 1 at sea (CREDIT: MarineTraffic.com)

Iran: Oil Sold from Tanker Released by Gibraltar

Iran has sold the oil from a tanker released by Gibraltar after weeks in the custody of British Royal Marines and the vessel's owner will decide on its next destination, IRIB news agency quoted an Iranian government spokesman as saying on Monday.Separately, Tehran - embroiled in a spiralling confrontation with Washington over U.S. sanctions meant to strangle Iranian oil exports - announced that it had deployed a naval destroyer with cruise missiles to help secure Iranian ships.The Iranian government spokesman did not identify the recipient of the oil carried by the Adrian Darya tanker.