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Saturday, August 8, 2020

Central America News

(Photo: Crowley)

Crowley Adds 222 Reefer Containers

Crowley Logistics has added 222 new refrigerated (reefer) cargo containers to its industry-leading equipment fleet to ensure equipment availability at origin for perishables moving through the cold chain. These units are in addition to 300 new reefers received in January of this year.The new units, which are all 40-foot-long high cubes, have wireless asset monitoring (WAM) technology, which provides continuous monitoring as the reefers transit from origin to destination, both…

Left to right: Cole Merritt, Sales Manager, OEM Sales, Americas & Peter Gonzalez, Aftermarket Sales and Training Manager, Americas (Photo: MJP)

Marine Jet Power Adds to Growing Team in the Americas

Marine Jet Power (MJP) announced Cole Merritt and Peter Gonzalez have joined its business development team in the Americas.“Peter and Cole are a welcome addition to the MJP team in the Americas. As we continue to expand our footprint in the region their experience and expertise will be invaluable as we strive to offer an unmatched customer experience for shipyards, boat builders and operators,” said MJP President and Regional Director, Michael Rickey.Both Peter and Cole started…

© S J Lievano / Adobe Stock

Coffee Importers Stockpiling on Fears over Coronavirus Lockdowns

Coffee importers in some of the largest consuming countries are stockpiling, bringing forward orders by up to a month to avoid shortages if supply chains are disrupted by coronavirus lockdowns.The global pandemic has prompted governments around the world to impose severe restrictions on movement in a bid to stem the spread of the virus. Supply chains are backing up as air freight capacity plunges and companies struggle to find enough truck drivers and shipping crews.In contrast to sharp price declines in many commodities…

Trevor Whitworth (Photo: Pentonet)

Whitworth Joins Maritime IoT Firm Pentonet

Experienced satellite communications executive will help shipowners apply open standards and cloud connectivity for better visibility of operational dataMaritime IoT start-up Pentonet has appointed Trevor Whitworth as Commercial Director, tasked with expanding the company’s presence globally.The shipping industry is adopting Internet of Things (IoT) technologies at an increasingly fast pace, enabling remote monitoring of systems and machinery. The potential benefits range from increased asset utilization…

Image: Sociedad Matriz SAAM S.A

SAAM Acquires Intertug

Chilean logistics company SAAM has struck a deal to buy Intertug Investment Holding, a towage services company with operations in Colombia, Mexico and Honduras.SAAM will spend $54.5 million for 70% of Intertug, based on an enterprise value of $98 million, and carry out the acquisition through a capital increase and a share purchase, it said in a stock market exchange announcement.Intertug's 25-vessel fleet logs more than 18,000 maneuvers a year, generating around US$44 million in towage service revenue annually.The partnership with Intertug allows us to enter Colombia…

Image Credit: SAAM

SAAM Towage to Enter El Salvador Market

Latest move to Enter El Salvador with Energía del Pacífico will Reinforce SAAM Towage's Presence in Central America.The Managing Director of SAAM Towage, Felipe Rioja, celebrated the company’s upcoming launch in the new market: El Salvador. “We will provide services for the Energía del Pacífico (EDP) project at the Port of Acajutla, which reinforces our presence in Central America and our commitment to the region,” he commented.The long-term agreement with EDP calls for allocating three tugs, two of which are new, to power plant operations.

Pic: APM Terminals

AEO Status for APM Terminals Quetzal

Guatemala’s Superintendence of Tax Administration (SAT), customs entity, has recognized APM Terminals Quetzal’s transparency and security through its accreditation as an Authorized Economic Operator (AEO). The terminals achieved a 100% compliance rating.The terminal uses a state-of-the-art terminal operating system to optimize security, control and cargo management. It also enables customs and customers to work together as efficiently as possible.Authorized Economic Operator (AEO) recognized the terminal’s compliance with international and local security standards…

Photo: BIMCO

IMO2020: Market Uncertainty Brings More Fuel Oil Price Volatility

The oil market has recently been shaken up by geopolitical events, but volatility in the price difference between low and high sulphur fuel cannot be explained by that alone – the uncertainty is the chaos factor.The uncertainty of the upcoming IMO 2020 Sulphur cap regulation (IMO2020) is having a big impact on the bunker market. Whereas, the price for Marine Gas Oil Low Sulphur (MGO LS) has largely remained stable, the price for High Sulphur Fuel oil (HSFO) has been become increasingly more volatile in recent months.

File Image: Panama Canal (Credit AdobeStock / © evenfh

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.

Photo:  ICTSI

ICTSI in Talks with Honduran Govt

The global port management company, International Container Terminal Services, Inc. (ICTSI) said that its Honduran unit  Operadora Portuaria Centroamericana (OPC) is in talks with the government of Honduras to improve the facilities at Puerto Cortes, Central America 4’s (CA-4).Puerto Cortes, Central America 4’s (CA-4) largest port operated by OPC, can expect faster cargo movement in and around the terminal with OPC beefing up its partnership with Honduran authorities for improved and more efficient port services…

Photo: BIMCO

BIMCO: US Soya Bean Exports - Up or Down?

The trade war has brought increased attention to the soya bean trade between the US and China with 2019 offering conflicting narratives. On one hand, soya bean exports to China in the first six months of 2019 are up 10.9% compared with the first half of 2018, while on the other, exports to China in the 2018/2019 marketing year are down 68.7%.With the 2019/2020 marketing year now just round the corner, this trade is unlikely to return to pre-trade war levels. The combined effects of a worsening relationship between the nations as well as a smaller US soya bean crop…

Zim boxship cargo operations. CREDIT: ZIM

ZIM’s starts Central America-Caribbean Service (CCX)

ZIM has announced a new service between Mexico, Caribbean and Central America, commencing on the second half of August, with the following rotation:Veracruz-Altamira-P. Cortes-Santo Tomas-Kingston-Rio Haina-San Juan-Kingston-Veracruz  ZIM will operate 3 vessels in a weekly, fixed-day service offering the fastest transit time and best product in the region:From Mexico to Dominican Republic;From Mexico to Puerto Rico;Connecting USEC & Canada to Mexico, Guatemala (and El Salvador) & Honduras…

Chief Executive Officer – Tony Capasso (third from left) and Chief Technology and Marketing Officer – Oliver Ferguson (right) of Sea Ready Marine Petroleum met with American Refining Group (ARG) leadership recently at its Bradford, Pa., refinery. Representing ARG were (from left) Vice President – Sales & Marketing John Malone, Vice President – Research and Development David Krantz and President and Chief Operating Officer Jon Giberson.

ARG, Sea Ready Enter Marine Lube Deal

American Refining Group Inc. (ARG) announced its new partnership with veteran-owned small business Sea Ready Marine Petroleum, as ARG has designated Sea Ready as its global distributor of its refinery’s marine lubricants.Already the largest zinc-free (ZF) railroad-engine oil supplier east of the Mississippi River, ARG is taking its marine line of Specialty Lubricants to sea. The full line includes formulations customers have relied upon and trusted for decades, particularly its…

Photo: © HHM / Dietmar Hasenpusch

Hamburg Süd, Maersk Strengthen Portfolio

Hamburg Süd has strengthened its product portfolio on the Europe with new stand-alone service offered in collaboration with Maersk.The trade between Europe and Central America, Caribbean and South America West Coast has always been a key element in Hamburg Süd’s global network of liner services. In cooperation with Maersk, Hamburg Süd will be expanding and enhancing the services it offers on this core trade beginning in June 2019.According to a press release, the serice will have maximum flexibility for tailor-made solutions…

Pic: Hamburg Süd

Hamburg Süd Expands Service

The trade between Europe and Central America, Caribbean and South America West Coast has always been a key element in the container liner shipping line Hamburg Süd’s global network of liner services.In cooperation with Maersk, Hamburg Süd will be expanding and enhancing the services it offers on this core trade beginning in June 2019.“Combining the strengths of Hamburg Süd and Maersk, we can offer our customers a best in class stand-alone service configuration without having to depend on vessel sharing agreements with other shipping companies…

(Georgia Ports Authority/Stephen B. Morton)

New Savannah-Central America Route

The Port of Savannah welcomed its first Seaboard Marine vessel Wednesday. The new shipping line customer supports Savannah's cold chain logistics system with one new service to Central America, and a second to Latin America and the Caribbean.The ocean carrier's first service to Savannah links the Southeastern U.S. to northern Central America, with Georgia exports centered on frozen poultry and imports composed largely of perishables and apparel produced in Guatemala, El Salvador…

Pic: Hapag-Lloyd Cruises

Hapag-Lloyd Names "Hanseatic nature" in Hamburg

Hapag-Lloyd Cruises presented the Hanseatic nature for the first time in Hamburg on Saturday (May 04, 2019).The provider of adventure and classic cruising with luxury voyages to Polar Regions, Caribbean, Central America, Europe & more said that Hanseatic nature is the first of three, structurally- identical ships in the cruise line’s new expedition class. The ship left Hamburg on May 5, 2019 for its inaugural cruise, which will take it to the Hebrides, Orkney Islands and Shetland Islands, finishing in Bergen.

 Pic: ECLAC - United Nations

Latin American Ports Cargo Throughput Rose 7.7%

Container throughput in ports of Latin America and the Caribbean increased by 7.7% in 2018 in comparison with the previous year.According to the Economic Commission for Latin America and the Caribbean (ECLAC), this analysis is based on the performance of a sampling of 31 countries and 118 ports and port areas in the region.According to the annual report unveiled by the United Nations organization – which was called  “port ranking” in prior years – the data largely maintained the heterogeneity seen in throughput behavior in previous periods, both in reference to ports and countries.

Pic: APM Terminals

New Container Port Opens in Costa Rica

The inauguration of APM Terminals Moín, Costa Rica yesterday will enable products to be shipped on transatlantic routes to European and Asian markets without transshipment.The new terminal will also move Costa Rica to number one for connectivity, out of 139 countries ranked by the World Economic Forum, said a press release from the international container terminal operating company headquartered in The Hague, Netherlands."At APM Terminals we partner with governments to become the best port operator in the world and Moín is a great example.

Ricaurte Vasquez. Pic: Florida State University

Panama Canal Appoints New Administrator

The Panama Canal Board of Directors announced the appointment of Ricaurte Vasquez as the next Panama Canal Administrator.According to a press note from the artificial 82 km waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean, Vasquez will take office on September 4, 2019, succeeding current Administrator Jorge L. Quijano, who concludes his seven-year term at the helm of the waterway.The decision was made by the Board of Directors in accordance to an independent…

Photo: Crowley Logistics

Crowley Logistics Announces Organizational Changes

To continue providing customers with industry-leading integrated supply chain solutions, Crowley Logistics has announced several personnel moves that further position the company for exceptional customer service and growth.Patrick Collins has been promoted to vice president of terminal operations; Jose “Pache” Ayala has been named vice president of Caribbean logistics, and Claudia Kattán de Jordán has been appointed vice president of Central America logistics. All three executives report to Steve Collar…

Photo: Crowley

Crowley Starts 2019 with Arrival of 1,500 New Containers

To better serve its diverse customer base, Crowley Logistics has invested almost $30 million in new cargo carrying equipment over the last year.The latest arrivals under this acquisition include 1,500, 45-foot (102-inch wide) dry container units, which are being delivered to multiple port locations where they will be assimilated into Crowley’s equipment fleet.These containers follow the company’s December 2018 receipt of 400 new 40-foot, high-cube refrigerated (reefer) cargo containers for use by perishables customers between the U.S., Central America and the Caribbean.

Image Credit: Crowley

Crowley Adds Capacity to North Atlantic Puerto Rico Service

Crowley Logistics announced today that it has expanded its North Atlantic network of vessels, adding velocity to customer supply chains operating between the Northeastern U.S., Puerto Rico, the Dominican Republic and the islands of the Caribbean Basin. Specifically, by adding additional capacity with the flat deck barge 455-4 to its rotation, Crowley will further stabilize its North Atlantic-Puerto Rico sailing schedule while increasing cargo capacity. “Earlier this year, we surveyed our customers…

Pic: Crowley Maritime Corporation

Crowley Logistics Adds 400 New Reefer to its Fleet

Florida-based Crowley Logistics has added 400 new refrigerated (reefer) cargo containers to its industry-leading equipment fleet just in time for the peak perishables shipping season beginning in Central America.The additional units, all 40-foot-long, high cubes built to Crowley’s exacting standards, further demonstrates the company’s focus on offering customers the most reliable and efficient equipment in the market. These units have wireless asset monitoring technology, which will provide continuous monitoring of the equipment as it transits from origin to destination…

Photo: Crowley

Crowley Adds 400 Reefer Boxes to Fleet

Crowley Logistics has added 400 new refrigerated (reefer) cargo containers to its industry-leading equipment fleet just in time for the peak perishables shipping season beginning in Central America.The additional units, all 40-foot-long, high cubes built to Crowley’s exacting standards, further demonstrates the company’s focus on offering customers the most reliable and efficient equipment in the market. These units have wireless asset monitoring technology, which will provide continuous monitoring of the equipment as it transits from origin to destination…

© Igor Groshev / Adobe Stock

US Crude Oil Exports to China Stalled

The development that saw no U.S. seaborne exports of crude oil to China in August has continued into September, according to BIMCO. This is despite crude oil not being a part of the ‘official trade war’.“The trade war between the U.S. and China is now impacting trade in both tariffed and some un-tariffed goods with both countries looking elsewhere for alternative buyers and sellers,” said Peter Sand, BIMCO’s Chief Shipping Analyst.“Ton mile demand generated by total U.S. crude oil exports has risen 17 percent from August to September…