COVID-19 Slams Vehicle Carrier Market
COVID-19 has hit the vehicle carrier market hard. The world vehicle demand has dropped by c.35%. Consequently, shipping these vehicles has fallen considerably.The only order to take place earlier this year is one from NYK line for a large LCTC for $95 million.No deals have taken place since the beginning of the year, this is a figure we have not seen historically. A break of five months on the S&P side of things in the Vehicle carrier market. One of the main reasons for this low period and a fall in the values is the drop in rates for the 6…
Port Canaveral Launches RO/RO Division
The official grand opening of the Port Canaveral vehicle processing facility was marked with a ribbon-cutting ceremony and the arrival of 730 new vehicles aboard the 653-foot-long vessel Wisteria Ace, the first vehicle carrier to call at the Port’s facility. The new automobiles were discharged at the Port’s 16-acre auto processing facility located alongside South Cargo Pier 4. Another carrier is scheduled to arrive next week with more than 850 new autos aboard.“A port-operated…
Panama Canal Reports Record FY 2019 Tonnage
The Panama Canal has closed the 2019 fiscal year (FY19) with a record tonnage of 469 million Panama Canal tons (PC/UMS), a 6.2 percent increase compared to FY2018.With this figure, the waterway exceeds the 450.7 million PC/UMS tons projection for FY2019, as well as the record tonnage of 442 million PC/UMS tons registered in the previous fiscal year. These record-setting results reflect the Canal workforce's commitment to efficiency and ongoing investments in infrastructure, which will allow the waterway to meet the growing demand and offer a reliable and safe service to customers.
Video: RoRo Vessel Overturns Off US East Coast
Four crew members are missing from a roll-on/roll-off cargo vessel that is disabled, overturned and has caught fire near Brunswick, Georgia, the U.S. Coast Guard said on Sunday.Twenty people have been safely removed from the ship, and the Coast Guard said it is working with local partners to locate the four crew still missing from the 656-foot vehicle carrier, MV Golden Ray, which began listing heavily and capsized with 23 crew and one pilot on board in St. Simons Sound early on Sunday morning.The Coast Guard said it was notified of the capsizing by a 911 call around 2 a.m.There were 4…
Panama Canal Hearing on Tolls Structure
The Panama Canal Authority (ACP) held Tuesday a public hearing on the proposed modifications of its toll structure which culminated the period for receiving inquiries from the industry.The agency of the government of Panama responsible for the operation and management of the Panama Canal recently published a proposal to modify its current tolls structure for the dry bulk, passenger, containership, vehicle carrier and RoRo segments, as well as tankers, chemical tankers, LPG and LNG vessels…
Shipping Firms Drop UK Flag as Brexit Looms
Companies are leaving Britain's shipping registry due to uncertainty over Britain's departure from the European Union and future commercial arrangements with the bloc, industry officials say.All commercial ships have to be registered, or flagged, with a particular country partly to comply with safety and environmental regulations. Shipping companies in many so-called "flag states" pay corporation tax based on vessel tonnage rather than profit.Britain's ship registry forms part…
Panama Canal to Modify Tolls Structure
The Panama Canal published a proposal to modify its current tolls structure for the dry bulk, passenger, containership and vehicle carrier and RoRo segments, as well as tankers, chemical tankers, LPG and LNG vessels, the intra-maritime cluster (local tourism segment) and minimum tolls (small vessels).According toa press release from the Panama Canal Authority (ACP), the announcement marks the beginning of a 30-day formal consultation period for industry feedback, which will close on July 15…
Stink Bugs Drive Car Carrier from Port
Biosecurity New Zealand has directed a vehicle carrier to leave New Zealand waters following the discovery of stink bugs and other regulated pests.Biosecurity officers intercepted 3 live and 39 dead brown marmorated stink bugs and 69 other dead regulated stink bugs after the Carmen arrived in Auckland from Europe on Wednesday morning.The vessel was carrying a range of vehicles from Europe and the United States."The interceptions indicated the cargo was likely to be infested with stink bugs.
RO/RO Vessels Put Port Canaveral in High Gear
Vehicle imports and exports at Port Canaveral revved up this week with the arrival and departure of the post-Panamax (PPX) shipping vessel Höegh Trotter and another RO/RO vessel, the NYK Auriga Leader. In a first for the port, one vessel discharged new autos while another exported vehicles.Höegh Autoliners’ massive Höegh Trotter, the third PPX vessel to visit the Port, discharged new autos at the 16-acre AutoPort Canaveral, LLC facility as the nearby Auriga Leader loaded vehicles…
Post-Panamax Ro/Ro Makes First US Voyage
A new class of post-Panamax (PPX) vessel made its first visit to Port Canaveral, marking the second time this year a vehicle carrier megaship of this size has called on the port. Launched in 2017, the MV Donington PPX roll-on/roll-off (Ro/Ro) vessel arrived at Port Canaveral as part of its inaugural U.S. itinerary. With its 125-foot beam and capacity to transport over 7,400 vehicles, the Donington is Hoegh Autoliners’ largest Post-Panamax vessel to call on the port. The ship arrived at Port Canaveral, its second U.S. port of call after delivering vehicles to Port Freeport in Texas last week.
Port Canaveral Welcomes First Post-Panamax Vehicle Carrier
The new class of post-Panamax (PPX) shipping vessels made an inaugural visit to Florida's Port Canaveral recently. The PPX Ro/Ro vessel MOL’s Brooklands, is the first of its kind to call on Port Canaveral. With a 125-foot beam and capacity to transport over 7,400 vehicles, MOL’s Brooklands is the largest Post-Panamax vessel to call on the Port. The ship arrived at Port Canaveral, its first U.S. port of call, following transit through the expanded locks of the Panama Canal. “The arrival of MOL’s Brooklands here marks a new chapter for our cargo operations.
Port Canaveral Welcomes Höegh Sydney
Port Canaveral staff were on hand to welcome the captain and crew of the Höegh Sydney roll-on/roll-off (RO/RO) vessel on her inaugural visit to the Port. The Sydney’s arrival at Port Canaveral is the first U.S. port call for the vessel on a transit that originated in East Asia. The Höegh Autoliners vessel represents the fourth vehicle carrier to call on Port Canaveral and the first auto imports to arrive direct from Asia. More than 800 cars destined for Florida, Georgia, Tennessee…
Grand Bahama Shipyard Reports Commercial Success
Caribbean shipyard Grand Bahama Shipyard (GBS) said it has completed work on 30 commercial vessels within first half of 2017, predominantly comprised of companies returning to the yard with repeat business including tankers, bulk carriers, containerships, tugs, dive support vessels and drilling support vessels. In what is considered a volatile market, GBS said 2017 has been a great year for repeat customers, solidifying its position as a supporter of the major U.S. East Coast…
FMC Commissioner Doyle Rejects Blanket Authorities for Foreign Ro/Ro Carriers
Commissioner William P. Doyle Votes to reject joint contracting authority for Ro/Ro foreign carriers to negotiate collectively for U.S.-Flag tug services. Doyle's Statement, shown below, says new rules go beyond the scope of the Shipping Act and shipping practices harmful to U.S. Today, I voted to disapprove the roll-on roll-off (Ro/Ro) WLL/Eukor/ARC/Glovis Cooperative Working Agreement amendment involving Wallenius Wilhelmsen Logistics AS (WWL), Eukor Car Carriers Inc. (Eukor), American Roll-on Roll-off Carrier LLC (ARC), and Hyundai Glovis Co. Ltd. (Glovis) (collectively Parties).
Spanish Maritime Industry Prospects
With a coastline of 4,964 km and a vast majority of the country’s population living along the coast, Spain’s economy has a direct bearing on its ocean related activities. The importance of sun and sand tourism, of the energy sector – for which oil and gas are supplied by sea – and the ever-increasing role of sea trade are the key economic factors. Being largely surrounded by water, Spain is heavily dependent on maritime transport and international trade as was evidenced in the…
Ill Merchant Seamen Dies at Sea
A multiagency rescue operation to help a seriously ill merchant sailor aboard a cargo ship in the Pacific Ocean was cancelled Wednesday morning after the man was declared deceased, the U.S. Coast guard announced. Tuesday, at approximately 9:50 a.m., the 11th Coast Guard District Command Center received a report of a sick U.S. citizen aboard the Green Ridge, a 600-foot vehicle carrier, approximately 1,000 miles west of San Diego. The command center requested assistance from the…
Shippers Prosecuted for Garbage Dumping
Two shipping companies and their masters have been prosecuted by the Australian Maritime Safety Authority (AMSA) for two separate marine pollution incidents within the Great Barrier Reef. Tokyo based Perses Maritima Ltd and the master of its Japan registered vehicle carrier Asteria Leader were found guilty on May 18 in the Brisbane Magistrates Court on one charge each of illegally discharging garbage under the Protection of the Sea (Prevention of Pollution from Ships) Act 1983.
AMSA Prosecutes Shipping Cos, Masters for Pollution
The Australian Maritime Safety Authority (AMSA) has prosecuted two shipping companies and their masters for two separate marine pollution incidents within the Great Barrier Reef. Tokyo based Perses Maritima Ltd and the master of its Japan registered vehicle carrier Asteria Leader were found guilty on May 18 in the Brisbane Magistrates Court on one charge each of illegally discharging garbage under the Protection of the Sea (Prevention of Pollution from Ships) Act 1983. A routine…
Shipping Company To Pay $800K For Dumping Oil
AML Ship Management GMBH, a German company, was sentenced in federal court today to pay a total of $800,000 in fines and community service payments for violating the Clean Water Act and the Act to Prevent Pollution from Ships by intentionally discharging 4,500 gallons of oily bilge water into the ocean off the coast of Alaska and then presenting false records to the U.S. Coast Guard. AML was also ordered to implement a comprehensive Environmental Compliance Plan and was placed on probation for three years.
Shipping Company, Chief Engineer Charged for Dumping Oil
U.S. Attorney Karen L. Loeffler announced that AML Ship Management GMBH, a German company, and Nicolas Sassin, Chief Engineer of a vehicle carrier ship it operated, the M/V City of Tokyo, were both charged with knowingly dumping oil into United States’ waters off the coast of Alaska in August 2014 in violation of the Clean Water Act. AML and Chief Engineer Nicolas Sassin have also been charged in separate cases filed in the District of Oregon with violating the Act to Prevent Pollution from Ships (APPS) for knowingly creating and presenting false records to the U.S.
Panama Canal Discusses Tolls, Expansion with Car Carrier Segment
The Panama Canal Authority (ACP) met with the Japanese Shipowners Association (JSA) and several car manufacturers in Japan as part of the ongoing discussions with the vehicle carrier segment on the Expansion Program’s progress and future toll structure upon its completion. During the meetings, the Panama Canal provided an update on the Expansion Program and presented the analysis of the results for the potential pricing structure for the car carrier segment taking into account the feedback received recently from this group.
IMO MEPC Implements Further Energy Efficiency
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) met for its 65th session from May 13-17 2013, at IMO Headquarters in London. The committee made significant progress in its work on further developing energy-efficiency regulations; adopted an MEPC resolution on rromotion of technical cooperation and transfer of technology relating to the improvement of energy efficiency of ships; and gave the go-ahead to carry out an update to the greenhouse gas (GHG) emissions’ estimate for international shipping.
Panama Canal Transit Fees Up
Government of Panama approves canal tolls increases effective Ocober 2012. The Government of Panama has approved the proposal to restructure and apply selective increases in the Panama Canal pricing system, effective from 1 October 2012 to 1 October 2013. There will also be changes to tolls applicable to small vessels, based on vessels' length, to incorporate adjustments not previously considered. The remaining segments will not be adjusted at this time, nor will the price per TEU for containers carried onboard a vessel.
ACP to Modify Pricing Structure
Panama Canal proposes tolls adjustments and creates new market segments to reflect real value of the route and better serve its customers.New market segments by vessel type are created and consultation period with interested parties begins. The Panama Canal Authority (ACP) Board of Directors approved a proposal to modify the Panama Canal pricing structure to align Canal toll charges with the value the route provides. The proposal increases the number of segments from eight to eleven by Panama Canal vessel type.
Somalia, Pirates Use Hijacked Ro-Ro
The NATO Shipping Centre reported that on Jan. 30 the vehicle carrier Asian Glory (Blue hull and white superstructure), previously hijacked and still under pirates control, was in position 04:19N - 052:13E CO:005 SPEED 14. It is assessed pirates are using Asian Glory for their pirate activities. All vessels navigating in the Indian Ocean to consider keeping east of 60E when routing north/south and to consider routing east of 60E and south of 10S when proceeding to and from ports in South Africa, Tanzania and Kenya.
Hijacked Asian Glory Arrives Off Somalia
In the late afternoon of 1 January, UK Flagged M/V Asian Glory (a vehicle carrier) owned by Zodiac Maritime Agency, was hijacked in the Somali Basin approximately 900 nautical miles north of the Seychelles and 600 miles from the coast of Somalia. EU NAVFOR in monitoring the situation can confirm that the M/V Asian Glory has now arrived off the coast of Somalia and is north east of Hobyo.