Maersk Broker Buys Stake in NAODAN Chartering
Maersk Broker Bulk Chartering has bought a stake in a US-based dry bulk broker NAODAN Chartering and become a major shareholder.The dry cargo brokerage of NAODAN Chartering will continue to focus on the well-established and successful business out of the West Coast of the USA, West Coast Canada and Alaska, and the trading activities will continue to be carried out under the name of NAODAN Chartering, said a press note from the provider of shipbroking services worldwide."Maersk Broker Bulk Chartering are very pleased to welcome Mr.
Georgia Announces New Inland Terminal
Northeast Georgia Inland Port to serve fast-growing Gainesville region. Gov. Nathan Deal speaks during the announcement for the Georgia Ports Authority's new inland terminal, Monday, Dec. 3, 2018, in Gainesville, Ga. Cargo moved via the Northeast Georgia Inland Port near Gainesville will reduce Atlanta truck traffic by shifting containers to rail. Set to open in 2021, the new inland port will be operated by the Georgia Ports Authority and served by Norfolk Southern.Gov. Nathan Deal…
Port of Vancouver USA Approves Budget
The Port of Vancouver USA Board of Commissioners unanimously approved the port’s tax levy and 2019 budget during its regularly scheduled board meeting.The U.S. West Coast port's commission voted to hold the port levy steady for the seventh year in a row, meaning annual taxes on a $350,000 home – the median price in Clark County – will be approximately $85 in 2019.At $58.4 million, the port’s 2019 budget is $10.1 million less than its 2018 budget. The decrease is primarily due…
ATB Push Tug Island Raider Enters Service
Canada-based provider of oil cargo transportation services Island Tug and Barge Ltd informed that s new ATB push tug the Island Raider has entered service pushing the double hulled refined petroleum products barge, ITB Resolution.The Island Raider is the first of two, twin Z-drive, ATB push tugs for service on the West Coast of North America. Constructed at Island Tug’s Annacis Island Shipyard on the Fraser River, the Island Raider is connected by an articulating pin system to…
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.
FMC: Updates to PierPass Will Go Into Effect
The Federal Maritime Commission voted to take no action to prevent amendments to the West Coast MTO Agreement (WCMTOA) related to "PierPass" from becoming effective.Under the terms of the updated agreement (FMC Agreement No. 201143), WCMTOA will replace the current two-tier PierPass fee structure with a uniform flat fee applicable to certain container moves on all shifts. It will also establish appointment systems for dray truckers serving marine terminal facilities at the Port of Los Angeles and the Port of Long Beach.As part of its vote…
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.
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.
NRF: Retail Imports Slowing but Remain Strong For Now
Imports at the nation’s major retail container ports have slowed down from their pre-holiday peak but remain at unusually high levels as retailers continue bringing in merchandise before tariffs increase in January, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“Imports have usually dropped off significantly by this time of year but we’re still seeing numbers that could have set records in the past,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.
Norwegian Oil, Gas Plants Restart after Ship Collision
An oil tanker and a Norwegian navy frigate collided off Norway's west coast on Thursday, injuring eight people and triggering the temporary shutdown of a North Sea crude export terminal, Norway's top gas processing plant and several offshore fields.The frigate, which recently took part in a major NATO military exercise, was aground and tilting on one side, live television pictures showed. The Norwegian military was attempting to save the ship."We are working on stabilizing the vessel…
Sempra Energy Signs New Mexican LNG Terminal
Sempra Energy, the US group that aims to build a liquefied natural gas (LNG) export facility near Ensenada, Mexico, to serve customers in Asia moved closer to becoming reality as the natural gas utilities holding company announced agreements with three international firms.The San Diego-based company announced in a press release that that its subsidiaries Infraestructura Energetica Nova (IEnova) and Sempra LNG & Midstream have signed three Heads of Agreements (HOAs) with affiliates of Total, Mitsui & Co. and Tokyo Gas Co.
BBC Chartering Joins Seaboard to Create “Andino Service”
As part of their mission to improve services for shippers moving cargo between the US Gulf Coast, Jamaica, and ports in Ecuador, Peru and Chile, Seaboard Marine and BBC Chartering are pleased to announce a new strategic cooperation which will be marketed as “Andino Service.”A press release from the international shipping company based in Leer, Germany said that beginning as early as November 2018, BBC and the ocean transportation service provider in North America Seaboard Marine…
Matson Launches New U.S. Flag Marshall Islands Service
Matson has launched its new direct U.S. flag service between Honolulu and the Republic of the Marshall Islands ("RMI"), reducing cargo transit times to the RMI from the U.S. mainland by as many as eight days. The new service will call at three ports in the RMI - Kwajalein, Ebeye and Majuro every 17 days. Matson purchased a 700-TEU, U.S.-flagged containership to operate the new service. Christened Kamokuiki, or 'small island or vessel' in the Hawaiian language, the vessel is well suited to serving island communities with two 45 ton cranes onboard…
Port of Hueneme Breaks Cargo Record
Cargo imports and exports hit an all-time high at the Port of Hueneme with 1.6 million tons of cargo moving through the Port. This represents an 8.1% increase over last year’s performance of 1.48 million cargo tons. The previous cargo record was set in FY2015 with 1.56 million cargo tons.This new cargo record resulted from increases in nearly all areas of cargo imports and exports. Pineapples and melons rose a staggering 50%. Banana imports increased by 5%. “A 5% increase in banana imports may not sound like a big deal…
Yanbu Oil Terminal Boosts Export Capacity
State oil giant Saudi Aramco said on Wednesday that the Yanbu South Terminal has added 3 million barrels per day of crude oil to the company's west coast export capacity after a rehabilitation and upgrade programme."The terminal, located south of Yanbu along the west coast of Saudi Arabia, consists of a tank farm and offshore facilities to receive, store, and load Arabian Light and Arabian Super Light crude oil," Aramco said on its website.(Writing by Rania El Gamal; Editing by Dale Hudson)
Video: CMA CGM Box Ship Smashes Into Dock
A CMA CGM containership plowed head-on into a pier at India's largest container port on Saturday, causing visible damage to the dock.The 336-meter, 10,000 TEU CMA CGM Mumbai reportedly lost steering while attempting to berth at the Jawaharlal Nehru Port,on the west coast of India. Officials said damage to the pier is only minor, and the damage to the ship is unkonwn. No injuries were reported.The Hong-Kong flagged vessel, owned by CMA CGM and operated by Seaspan, was delivered in May this year from Chinese yard Yangzijiang Shipbuilding.
Panama Canal Sets Record Annual Cargo Tonnage
The Panama Canal closed its 2018 fiscal year with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5 percent increase from the previous year, the Panama Canal Authority reports.With this tonnage, the Panama Canal surpasses the cargo projections of 429.4 million PC/UMS tons for FY 2018, as well as the 403.8 million PC/UMS tons registered in FY 2017."The Panama Canal continues to exceed our expectations, reinforcing every day the importance of the waterway's expansion and its impact on global maritime trade," said Panama Canal Administrator Jorge L. Quijano.
Japanese Firms Sign Deals to Buy from LNG Canada
Two Japanese companies have signed agreements to buy liquefied natural gas (LNG) cargoes from the LNG Canada project, Reuters reported.Toho Gas Co signed a basic agreement with a wholly-owned subsidiary of Mitsubishi Corp to buy up to four cargoes or about 0.3 million tonnes per annum (mtpa) of LNG from the project over 15 years starting 2024/25.Tokyo Gas Co signed a heads of agreement with a wholly-owned subsidiary of Mitsubishi Corp to buy up to eight cargoes or about 0.6 million…
Build It and They Will Buy: The New World of LNG Canada
The first major liquefied natural gas (LNG) project to be approved globally in five years will be built in Canada, but its underlying philosophy appears to be more closely allied to the Australian concept of "she'll be right, mate."The LNG Canada project was given the green light on Tuesday by Royal Dutch Shell, which is leading the $31 billion venture along with partners Petronas, Mitsubishi, PetroChina and Korea Gas.What makes the first export plant on Canada's west coast different…
Foreship Eyes US West Coast Cruise Business
Naval architecture, design and marine engineering specialist Foreship has transferred a senior member of its management team in Finland to head its Seattle operation, in a move aiming to expand West Coast activities and provide a new focus for its U.S. cruise ship customer base.Marcus Höglund, Foreship Senior Vice President Engineering Services, will take up a position as Head of Operations North America, Foreship LLC with effect from October 8 to lead a team including existing staff in Seattle and in the company’s Fort Lauderdale, Fla.
Port of Long Beach Awarded $50 Mln for Zero Emissions Project
The drive toward cleaner goods movement continues on the U.S. West Coast. The Port of Long Beach announced Tuesday it has received preliminary approval for a $50 million grant from the California Air Resources Board (CARB) to demonstrate a near-zero and zero-emissions supply chain at the nation’s second-busiest seaport.CARB has preliminarily awarded the grant for the Sustainable Terminals Accelerating Regional Transformation (START) Project, which will demonstrate nearly 100 pieces of zero-emissions terminal equipment and trucks at three California seaports…
BIMCO: Shipping in the Line of Trade War Crossfire
BIMCO, the world’s largest international shipping association, issued a stern warning today as once again, the already long list of tariffed goods has been made even longer.Many more commodities were hit on 23 August, but September is likely to dwarf it all, as the US has proposed tariffs on goods worth USD 200 billion. According to BIMCO, The tariffed goods’ share of global trade is largely underestimating the overall negative impact of this trade war on globalisation and international shipping.BIMCO’s chief shipping analyst Peter Sand remarked…
In Wake of 'Olivia', Pasha Hawaii Resumes Cargo Ops
Honolulu-based ocean carrier Pasha Hawaii resumed operations last night at Pier 1 and Pier 51 at Honolulu Harbor, after receiving an all clear from the U.S. Coast Guard and Hawaii Department of Transportation Harbors, following the passage of Tropical Storm Olivia over the Hawaiian Islands and the re-opening of all ports.Two Pasha Hawaii vessels — specialty RoRo vessel M/V Jean Anne and containership Horizon Enterprise — which had been positioned nearby in order to quickly return to port, commenced offload operations Wednesday evening as anticipated.
ZIM Improves Cross-Atlantic Services
ZIM has announced changes and improvements of the services between the Mediterranean and the US East Coast & Canada, ZCA and ZCI. The upgrades are planned to start in December (subject to regulatory approval), as follows: • ZIM’s flagship ZIM Container Service Atlantic (ZCA), connecting main Mediterranean ports, US East Coast & Canada, will have the following rotation:Mersin – Ashdod – Haifa – Aliaga – Piraeus – Livorno – Barcelona - Valencia – Halifax – New York – Norfolk – Savannah – Valencia – Tarragona – Mersin • ZIM Container Service Italy (ZCI)…
ZIM Improves its Cross-Atlantic Services
ZIM Integrated Shipping Services (ZIM) has announced changes and improvements of the services between the Mediterranean and the US East Coast & Canada, ZCA and ZCI.The upgrades are planned to start in December (subject to regulatory approval), as follows:ZIM’s flagship ZIM Container Service Atlantic (ZCA), connecting main Mediterranean ports, US East Coast & Canada, will have the following rotation: Mersin – Ashdod – Haifa – Aliaga – Piraeus – Livorno – Barcelona - Valencia – Halifax – New York – Norfolk – Savannah – Valencia – Tarragona – Mersin ZIM Container Service Italy (ZCI), in cooperat
DeNike Presented with Connie Award
Edward Anthony DeNike, president of SSA Containers, a division of Carrix, received the 2018 Connie Award presented by the Containerization & Intermodal Institute (CII) in Long Beach, Calif., on Tuesday. DeNike was honored for his contributions to containerization and international trade and transportation industry over the course of the last five decades.The dinner event honoring DeNike was held in conjunction with the IANA Intermodal EXPO and attracted more than 250 people."It is no surprise that our recipient, Ed DeNike – an industry legend – has attracted a record-breaking crowd.