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Tuesday, March 26, 2019

Vietnam News

APL Enhances China Southeast Asia Service

APL added Ho Chi Minh City as a port of call by its China Southeast Asia Service (CSE). This will extend the market coverage of the weekly service which currently connects Central China to the Southeast Asian markets of Thailand and the Philippines. The refined CSE will open up a route from Ho Chi Minh City to Manila with a direct sailing. Primed to be an express service from Central China to Southern Vietnam, the enhanced CSE will offer shippers an alternative ocean freight from Shanghai and Ningbo to Ho Chi Minh City.

Pic: Wan Hai Lines

Wan Hai Lines Enhances Japan Services

Taiwanese shipping company Wan Hai Lines announced the enhancement of its Japan service coverage.With effect from early April 2019, the company shall upgrade its existing New Super 1 service and also extend one of its existing Japan Kanto service to cover Malaysia, the provider of full-containerized shipping service said in a press note.Upgrade existing New Super 1 service(NS1) to Panamax vessel size: The service will maintain 4 vessel deployment with WHL deploying 2 x 4250Teu vessels, while IAL and OOCL deploys 1 vessel each.

File Image: EU NavFor

ReCAAP Asia Piracy, Sea Robbery Report

Piracy and Sea Robbery Situation in Asia in February 2019A total of three incidents of armed robbery against ships were reported in Asia in February 2019There was no report of abduction of crew in the Sulu-Celebes Seas and waters off Eastern SabahThere was no report of hijacking of ships for theft of oil cargoHowever, the abduction of crew for ransom in the Sulu-Celebes Seas and waters off Eastern Sabah remains a serious concernOf the three incidents reported in February 2019, one incident occurred on board ship anchored at Caofeidian anchorage in China, one incident on board ship anchored at

File image: credit OPDR

Blackstone Invests in Terminal Operator Carrix

U.S. investment firm Blackstone Group LP said on Sunday that funds affiliated with Blackstone Infrastructure Partners invested in Carrix Inc, the largest marine terminal operator in the United States and the Americas.The company did not disclose the terms of the transaction.Carrix is the parent of SSA Marine and its related affiliates with operations at over 250 port and rail locations worldwide, including 16 container terminals in Long Beach and Oakland in California, Seattle and Tacoma in Washington…

Photo: APL

APL: New Asia Australia Express 2

APL launched a new weekly Asia Australia Express 2 (AAX2) service that will connect the key Southeast Asian ports of Vietnam, Malaysia, Singapore and Indonesia to the two major eastern Australian cities of Brisbane and Sydney.The AAX2 service is poised to be the only service in the market with a direct call from Ho Chi Minh to Australia. Promising the industry’s fastest transit time, an AAX2 shipment from Ho Chi Minh to Brisbane and Sydney will take just 16 days and 18 days respectively.

File Pic: Yang Ming Marine Transport Corporation

Yang Ming Announces New Intra-Asia Service

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation announced a new Intra-Asia service KVM(Korea–Vietnam–Malaysia Service) jointly operated by YM and APL Co. Pte Ltd through its CNC brand with effect on February 21st, 2019.The service will be operated with three 1,800-TEU container vessels, one by YM and two by APL Co. Ptd Ltd via its CNC brand.The full port rotation will be Kwangyang, Pusan, Kaohsiung, Ho Chi Minh, Port Kelang, Singapore, Haiphong, Kaohsiung, Kwangyang.

Photo: Oldendorff

Self-Unloaders in CSL Pool Sold to Algoma

Oldendorff has sold the three remaining self-unloaders still operating in the CSL Pool: Sophie Oldendorff (70,037 tdw built 2000), Harmen Oldendorff (66,188 tdw built 2005) & Alice Oldendorff (50,259 tdw built 2000) for US$100.5 million to Algoma Central Corporation who is the third partner in the CSL Pool. The vessels are expected to deliver to Algoma around the middle of 2019. All three vessels have been trading in the CSL Pool on the East Coast of North and South America since…

Image: APM Terminals

Vietnam Welcomes World's Largest Container Ship

CMA CGM Marco Polo, the largest container ship in the world, docked at the major international seaport Cai Mep International Terminal (CMIT) in the southern Vietnamese province of Ba Ria-Vung Tau, commencing a new weekly service to transfer cargo directly from Vietnam to Northern Europe.Important guests, including senior government officials will attended the vessel maiden call’s celebrations jointly organised by CMIT and CMA CGM at the Cai Mep terminal in Ba Ria Vung Tau Province.CMIT…

Pic: ZIM Integrated Shipping Services

ZIM Launches Blockchain-based Bills of Lading

Israel’s largest cargo shipping company ZIM Integrated Shipping Services has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades.Over the last year, following ZIM’s November 2017 announcement regarding the first-ever pilot of paperless Bills-of-Lading based on blockchain technology, ZIM and selected leading customers have been testing the new Platform as a solution for trade activities on multiple shipping lanes.Following the successful pilot, accomplished with the cooperation of Wave Ltd.

File Image: CREDIT Zim

ZIM's Blockchain-based B/L Initiative

Over the last year, following ZIM’s November 2017 announcement regarding the first-ever pilot of paperless Bills-of-Lading based on blockchain technology, ZIM and selected leading customers have been testing the new Platform as a solution for trade activities on multiple shipping lanes.Following the successful pilot, accomplished with the cooperation of Wave Ltd. and Sparx Logistics, ZIM continued to evaluate the platform in different trade lanes with more customers. The exploratory…

Pic: Port of Newcastle

Newcastle Bulk Terminal Reaches Key Milestone

Australia’s new east coast supply chain alternative Port of Newcastle has marked an important milestone in the development of the Newcastle Bulk Terminal.A press release from the company said that the dismantling of the old ship unloaders is now complete, with bulk cargo hoppers now in place to provide continuity of trade while the new ship unloader and conveyor system is constructed.The old ship unloaders at the Kooragang 2 berth have been a feature of the Walsh Point precinct since 1968.

Pic: Yang Ming Marine Transport Corporation

Yang Ming Cuts Losses, Optimizes Fleet

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation  said that its 3rd quarter net loss after tax for Q3 was USD 30 million, a reduction of 76.16% compared to last quarter, and USD 220 million for the nine-month period.However, in Q3 2018, Yang Ming posted consolidated revenues of USD $1.3 billion, a growth of 15.2% compared to the second quarter of the year.According to a press statement Yang Ming, one of the main reasons for the loss was an “unfavourable supply-demand balance”…

Image: Port of Oakland

Port of Oakland Cargo Volume Up Despite Tariff Battle

A U.S.-China tit-for-tat over tariffs hasn’t dampened cargo volume growth at the Port of Oakland. In fact, the Port is on track for its third straight year of record container volume in 2018, stated the Port authorities.But can it last? That’s the question supply chain experts pondered this week at the quarterly meeting of the Port’s Efficiency Task Force. Forty trade and transportation executives ranging from longshore labor representatives to cargo owners gathered to discuss trade dynamics.

Photo: Port of Oakland

Port of Oakland Cargo Volume Up in Trade War, But Can It Last?

A U.S.-China tit-for-tat over tariffs hasn’t dampened cargo volume growth at the Port of Oakland. In fact, the Port is on track for its third straight year of record container volume in 2018.But can it last? That’s the question supply chain experts pondered this week at the quarterly meeting of the Port’s Efficiency Task Force. Forty trade and transportation executives ranging from longshore labor representatives to cargo owners gathered to discuss trade dynamics. Their consensus: cargo volume is spiking right now but could drop by January.“We’re peaking,” said a major U.S.

File Image / AdobeStock / © Lidian Neeleman

U.S. Soybean Cargo Diverts from China Destination

A vessel carrying soybeans from the United States to China changed its destination to South Korea on Thursday, shipping data showed, amid a trade war that has decimated U.S. shipments of the commodity to the world's top oilseed importer.The Star Laura, carrying 36,000 tonnes of American soybeans loaded in Seattle in late September, was due to arrive in the eastern Chinese port of Qingdao on Wednesday, according to shipping data on Refinitiv Eikon.The U.S. Department of Agriculture said in mid-October that the size of the cargo was 69…

© Igor Strukov / Adobe Stock

Vietnam May Recall Wheat Re-exports

Vietnam could recall an order that goes into effect on Nov. 1 that requires companies to re-export wheat cargoes containing cirsium arvense seeds, known as Canada thistle, the government said on Wednesday.Vietnam, whose main wheat suppliers include Russia, Australia and Canada, has been battling with imports contaminated with thistle seed since May. The government is concerned that the contaminated cargoes could cause the Canada thistle weed to spread across the country and potentially harm domestic crop yields.Last month…

Pic: APM Terminals

Adidas Partners with APM Terminals

APM Terminals opened the most advanced container terminal in Mexico. Adidas has since moved the bulk of its inbound goods flow to the terminal in Lazaro Cardenas, where automated gates, an efficient on-dock rail facility and a secure gateway to Mexico City support faster cargo delivery.Adidas Mexico imports about 90% of its products from Asia, mainly Vietnam, Indonesia, China, Cambodia, and Pakistan. With plans to deliver 50% of its products to store shelves within 45 days of being manufactured by 2020…

Yevheniia Karyndzha  (Photo: Dan-Bunkering)

Dan-Bunkering Hires Five in Denamrk

A/S Dan-Bunkering Ltd. has announced the employment of below five Bunker Traders in the office in Middelfart, Denmark, as of September 2018.Matea Jelicic was born and raised in Croatia and holds a double degree in Petroleum Engineering and Supply Chain Management. Additionally, she brings along a vast amount of experience from different parts of the industry.Yevheniia Karyndzha is of Ukranian origin and has been living and working in Turkey for a period, providing her with great…

© Alexey Lesik / Adobe Stock

Vietnam Could Halt Certain 'Dangerous' Wheat Imports

Vietnam might halt imports of wheat cargoes containing cirsium arvense, or thistle seed, while suggesting local importers should seek supplies from Kazakhstan, Australia and Argentina, local media reported on Thursday.Wheat importer Vietnam, whose main suppliers include Russia, Australia and Canada, has been battling with imported wheat contaminated with thistle seed since May and has sought measures to stop the issue.From Nov. 1, cargoes containing cirsium arvense will be re-exported…

Haiphong Port JSC, a subsidiary of Vinalines, is northern Vietnam’s biggest port company. Photo: Vinalines

Vietnam to Build Two Terminals in Lach Huyen Port

Vietnam National Shipping Lines (Vinalines), the state-owned marine transporter, won approval recently to build two large container terminals at Lach Huyen Port in northern Hai Phong City in a 7 trillion dong ($302 million) project.According to Nguyen Canh Tinh, director of the state-run Vietnam National Shipping Lines (Vinalines), said its subsidiary, Haiphong Port JSC, would build terminals No.3 and No.4 at the port.He said the Haiphong Port JSC used to work mainly at Hoang Dieu terminal…

© kolidzei / Adobe Stock

Russian Grain Exports Slowed

Russia's grain exports are slowing due to tougher quality controls at ports following complaints from major buyers, along with a stronger rouble currency, analysts, traders and an industry lobby said.Russia's food safety watchdog beefed up quality controls on grain exports after complaints from major buyers about falling crop standards in mid-September, adding that the more stringent checks were not aimed at limiting grain exports."Exports are naturally declining due to the rouble strengthening.

(Image: Oldendorff Carriers)

Oldendorff Inks Transhipment Deal in Vietnam

Oldendorff Carriers said it has signed an integrated coal transport and transhipment agreement for a new power station project to be built in the North of Vietnam at Nghi Son. The customer is a consortium between Marubeni Corp of Japan and Korea Electric Power Corporation (Kepco) named Nghi Son 2 Power Limited Liability Company (NS2PC).The agreement is expected to include the transportation of about 100 million metric tons of coal over 25 years. Oldendorff Carriers signed the 25-year agreement with NS2PC…

India to Probe Subsidized Stainless Steel Imports from China

India has launched an investigation into subsidized production and export of welded stainless steel pipes and tubes from China and Vietnam, an official notification said.The Directorate General of Trade Remedies, which falls under the trade ministry, said there was "prima facie" evidence of subsidies that were hurting the domestic industry."The authority finds that there is prima facie evidence of existence of countervailable subsidies on production and export of the subject goods in People's Republic of China and Vietnam, and such subsidized imports are causing material injury to the domestic

Steven Matthew (Photo: BIO-UV Group)

Matthew to Head BIO-UV Group's New Asia Office

BIO-UV Group, the France-headquartered manufacturer of the fully type-approved BIO-SEA ballast water management system, has appointed Steven Matthew to head up the company’s new sales office in Hong Kong.While Matthew’s focus initially will be on increasing sales of the UV-based BIO-SEA ballast water treatment system in China, Hong Kong, Taiwan, and Vietnam, BIO-UV Group ASIA, established on August 4, 2018, will target the Asia-Pacific market as a whole.With fewer components and welded parts…

Logo: Maersk

Twill Replaces Damco with Maersk

Twill, a digital freight forwarder designed to make shipping simple, has announced a change in its brand affiliation from Damco to Maersk.Launched in April 2017, Twill was created as a ‘Damco innovation’ and operated as a partner with the freight forwarder and supply chain management company, which is part of A.P. Moller - Maersk.The realigning of the brand will make it possible to offer Twill to all Maersk customers, in line with the A.P. Moller - Maersk strategy to become a…

(Photo: Eric Haun)

Port of Hamburg Throughput Dips

The Port of Hamburg achieved total throughput of 66.5 million tons in the first half of 2018, representing a moderate downturn of 4.9 percent, with the downward trend slowing in the second quarter.General cargo throughput at 45.5 million tons (down 2.2 percent) and bulk cargo throughput at 21.1 million tons (down 10.4 percent) contributed to the total in Hamburg. Bulk cargo represents one-third of the total. This segment caused 71 percent of the total downturn, with reductions in suction and liquid cargoes being market-driven.