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Tuesday, August 11, 2020

East Asia News

© nordroden / Adobe Stock

Beirut Blast a Wake-up Call on Dangers of Ammonium Nitrate

The devastating explosion in Beirut should be a wake-up call for countries on the dangers of ammonium nitrate, which caused the blast, experts say.Lebanese authorities said 2,750 tonnes of the industrial chemical had been stored for six years at Beirut port without safety measures. That stockpile exploded on Tuesday, killing more than 150 people, injuring thousands and leaving about a quarter of a million people homeless.Commonly used in fertilizers and as an industrial explosive…

(Photo: DP World)

DP World Acquires Majority Stake in UNICO Logistics

Dubai-based DP World said it has agreed to acquire a 60% stake in South Korea's UNICO Logistics Co. Ltd. as the firm continues its expansion across the worldwide end-to-end logistics supply chain. The transaction, subject to regulatory clearances, is expected to close in the fourth quarter of 2020.Established in 2002 by H.J. Park and headquartered in South Korea, UNICO is one of the largest independent NVOCC (Non-Vessel Operating Common Carrier) in South Korea, with a global footprint of 25 subsidiaries in 20 countries.

Explorer Dream under the Dream Cruises brand is the first cruise vessel undergoing DNV GL's new certification in prefection prevention. (Photo: Genting Cruise Lines)

DNV GL Launches Infection Prevention Certification for Maritime

Classification society DNV GL launched a custom infection prevention certification aiming to help the maritime industry resume operations better prepared for COVID-19 or other emerging pathogens. Genting Cruise Lines is the first customer working toward the CIP-M certification for its cruise ship Explorer Dream under the Dream Cruises brand.As the coronavirus crisis begins to recede and the world begins moving to return to business, the cruise industry is sharpening its already strong focus on passenger health and safety.

© miraswonderland / Adobe Stock

ONE, Maersk, MSC Suspend China-Australia Service

Container shipping companies Ocean Network Express (ONE), Maersk and MSC will suspend their jointly operated China Australia service (CAE) until at least the second quarter of 2020 due to the COVID-19 pandemic.The last CAE sailing before the suspension will be scheduled to depart Xiamen April 22. The CAE port rotation is as follows: Xiamen – Nansha - Hong Kong – Yantian – Melbourne – Sydney – Brisbane – Xiamen.Alternate coverage will be provided by the North East Asia Australia (AUN) Service…

Pernille Lind Olsen becomes new Group Vice President for Hempel Europe & Africa starting on 1 July 2020. Photo: Hempel

Hempel Makes Executive Changes

Current Group Vice President for Hempel South & East Asia, Pernille Lind Olsen, becomes new Group Vice President for Hempel Europe & Africa starting on 1 July 2020. At the same time, current Finance Director for Hempel Middle East Jonathan Mercer will take over Pernille Lind Olsen’s position as Group Vice Presi-dent for Hempel South & East Asia.Olsen has been with Hempel since November 2013. Since then, she has held positions as Group Product Director, Group Product & Portfolio Director and…

Swire Shipping’s first 2,400 TEU newbuild, MV Changsha. (Photo: Swire Shipping)

Swire Adds Newbuild MV Changsha

As COVID-19 coverage dominates the world’s news cycle, it’s a pleasure to report on a new ship delivery, Swire Shipping’s first 2400TEU newbuild vessel, MV Changsha. The vessel was built at CSSC Huangpu Wenchong Shipbuilding Co. Ltd., in China, and will be deployed on Swire Shipping’s South East Asia to Papua New Guinea and Solomon Islands service.MV Changsha is part of a wider order book of eight feeder container vessels (four 2,400 TEU vessels and four 2,750 TEU vessels) scheduled for delivery in 2020…

Alfonso Castillero, LISCR’s COO, and our Oslo GM, Hege Solstad (Photo: Liberian Registry)

Liberian Registry Opens Oslo Office

The Liberian Registry announced it has opened a new full-service office in Oslo, its fourth new office opened since 2019, as the Registry continues to grow its global network.The Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian Registry, said Hege Solstad has been named General Manager of the Norwegian office.Hege Solstad brings to maritime experience to the role, both in Norway and internationally, after a career with Wilhelmsen Ships Service as Regional Director in Norway…

Image: Jawaharlal Nehru Port Container Terminal (JNPCT)

COVID-19 Could Impact Indian Shipping

India’s shipping and ports industry is likely to be negatively impacted by the outbreak of coronavirus (COVID-19) across China and South-East Asia, according to credit rating agency ICRA.China has been a major driver of global shipping trade in tanker, dry bulk and container segments. The tanker rates had witnessed a spike in Q4 CY2019 due to several factors, including supply correction arising from sanctions on a major Chinese company and Iranian vessels, prospects of US-China…

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: Austal

Austal to Support USN Ships in Australia

Austal signed an agreement with the United States Navy which will see its Henderson shipyard conduct repairs and sustainment activities on USN and Military Sealift Command (MSC) ships.With the Agreement of Boat Repair (ABR) now in place, Austal’s Australian operations may now bid to provide emergent repair services to deployed USN ships, including the Austal designed and constructed Independence-class Littoral Combat Ships (LCS).The ABR also allows Austal to bid for maintenance and repair of MSC ships deployed to the region…

Image: Hyundai Merchant Marine

THE Alliance Welcomes HMM

The members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming have welcomed Hyundai Merchant Marine (HMM) as a new core member of THE Alliance.With the US Federal Maritime Commission (FMC) acceptance of HMM membership, THE Alliance offers an attractive upgraded product package and it will be launched around April 1st, 2020.Based on the existing comprehensive network of THE Alliance, the newly en-hanced product package will offer increasing frequency particularly from South East Asia…

(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…

Photo: Maersk

Maersk India Trade Report Q3 2019

India’s import and export container trade in Q3 2019 (July-September) remained flat as compared to global growth of 1.5%. The slowdown is aligned closely with the weaker domestic demand, as well as a reflection of the broad-based cyclical weakening of the economic environment in all the main global economies. The negative effects from escalating trade restrictions also weighed on trade growth in the quarter. The trade restrictions have reduced bilateral trade between the United States of America and China…

Photo: RORO Company

RORO Company Launches New Platform

The Roll On Roll Off (RORO) Company, a digital freight forwarder, recently launched its new platform, RORO.com, to accelerate global trade of large assets. With access to instant quotes, schedules and bookings, users can save time and money on shipping machinery, automobiles, boats and more. Global trade of large assets moves too slowly. Online auctions, such as Ritchie Bros., make it easy to purchase items worldwide, but delivering these items across the world is slow. The current model relies on a subset of shipping companies called freight forwarders.

Mikhail Belkin, State Policy Director, Rosatom; Dr. Torsten Sevecke, Under-Secretary in the Ministry of Economics, Transport and Innovation; Ekaterina Demicheva, Director of Development Rusatom Greenway; Ingo Egloff, Joint CEO of Port of Hamburg Marketing, and Alexander Neklyudov, CEO, Rusatom Cargo. Photo: © HHM

Russia Presses for Northern Sea Route

Russia is advocating expansion of ports and shipping along the Northern Sea Route (NSR).The  existing excellent contacts between Port of Hamburg Marketing and Russian ports as well as the Hamburg maritime industry’s second most important trading partner in seaborne freight traffic provided the occasion for an expert session on the use of the Northern Sea Route – NSR - and development of transit freight traffic between Europe and Asia.At a meeting in Hamburg, members of a delegation…

file image (credit: AdobeStock / © dbvirago

U.S. Sanctions Deal Blow to LSFO for 'IMO 2020'

Highly sought after types of oil best suited to making cleaner shipping fuel are suddenly finding they are a tougher sell for thirsty East Asian markets, traders say, in an unintended consequence of U.S. sanctions on a Chinese shipping fleet.With just over two months until environmental rules are set to mandate the biggest changes to ship power in over a century, certain rare types of West African oil have soared in value but have had to be marked down due to the higher costs of transport.The United States imposed sanctions on units of China's COSCO on Sept.

Photo: Svanehøj Group A/S

Svanehøj Opens Office in Japan

Pump manufacturer Svanehøj is moving closer to a growing customer base in East Asia.The growth of LNG as a fuel opens the door to a huge market for pump manufacturer Svanehøj Group, which is behind the brands Svanehøj, Hamworthy Pumps, Eureka and Dolphin. This year, the company, headquartered in Aalborg, Denmark, expects to quadruple sales of its Svanehøj ECA Fuel Pump for LNG, Ethane and Methanol – and sets goal for a further doubling in 2020.Svanehøj supplies several of the largest shipyards in the region…

Captain Andrew Kinsey, Senior Risk Marine Consultant with Allianz Risk Consultant (ARC)

Shipping Losses Lowest This Century as New Dangers Emerge

The Allianz Global Corporate & Specialty AGCS) Safety & Shipping Review 2019 provides a unique and in-depth look at the emerging risks facing international shipping stakeholders.Large shipping losses are now at their lowest level this century having declined by over 50% year-on-year, according to Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2019. The annual study analyzes reported shipping losses over 100 gross tons (GT). AGCS provides global marine and shipping insurance for all types of marine risk…

Image: Government of Dubai

DP World to Build $1.2B Port in Indonesia

DP World and Indonesia’s leading conglomerate Maspion Group have signed two preliminary agreements to create a $1.2 billion container port and industrial logistics park in East Java.It is the first joint venture of its kind in the Indonesian transportation sector involving a private sector partnership between an FDI partner and a private sector Indonesian company in Maspion, within the context of cooperation in maritime services with the state-owned maritime services operator Pelindo III.

Representatives from SunStone (Owner), CMHI (yard), Tillberg (interior designer), Ulstein Design & Solutions (Ship designer and Equipment package Supplier), and Makinen (Interior Supplier). Photo: Ulstein Group ASA

Ulstein Bags SunStone Ship Order

Norwegian ship designer Ulstein has received a contract to design the fourth expedition cruise vessel for Miami-based SunStone Ships, in their Infinity series.The vessel, which will be constructed at the China Merchants Heavy Industries (CMHI)  yard in China, is a CX103 design featuring the X-BOW and designed by Ulstein Design & Solutions.The SunStone ship design contracts were the first cruise contracts for Ulstein, a ship design company with long experience from the offshore industry.

Image: Milaha

Milaha Launches BSX

Middle East's maritime and logistics company Milaha (Qatar Navigation) will start a direct container shipping service connecting the Black Sea and the Mediterranean in its first foray into Europe.According to a press release from the Qatar-based maritime transport and logistics conglomerate the new feeder service marks Milaha’s first European service linking the Mediterranean and Black Sea. The BSX demonstrates Milaha’s commitment to deliver reliable and agile services to its customers and partners globally.The BSX rotation is Piraeus (Greece)…

Photo: Hapag-Lloyd

Hapag-Lloyd Launches SE Asia-Australia Routes

Hapag-Lloyd launches new South East Asia to Australia Services // SEA and S2A to start in October.Hapag-Lloyd expands its Oceania product portfolio. During the month of October 2019 (week 43), two new services which will offer weekly direct sailings between Thailand, Malaysia, Singapore and Australia on top of our existing South East Asia Australia Loop 1 (SAL) will be launched.“Connecting via Singapore on our global mainline network, we will be able to offer increased sailing frequency to and from Australian ports…

Pic: GAC

GAC Mulls Expansion

The shipping & logistics company GAC is tapping into the growing contract logistics business potential of the Asia Pacific, Indian Subcontinent and Middle East, with plans to further develop and expand in its operations in the regions.That was the message Lars Bergström, GAC’s Group Vice President for Asia Pacific & Indian Subcontinent, had for the Group’s Contract Logistics Solutions experts who gathered in Colombo, Sri Lanka, to chart GAC’s strategy to increase its share of the business in their regions.

Pic: Yang Ming Anatolia

Yang Ming Enhances Network

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has announced new China-Thailand direct service and Thailand - Indonesia express service.Under the impact of rising global trade tensions, a relocation and adjustment of cargo flow and supply chains is expected. To cope with this trend, Yang Ming Marine Transport Corp. continuously strengthens its Asian service network as well as the quality of Asian routes.Yang Ming has announced the launch of a new Intra-Asia service, China-Thailand Service (CTX service).

Image: © Höegh Autoliners

Höegh Breaks New Record in Ennore

Höegh Autoliners’s RoRo services team in India handled transportation of the 28 meters long windmill blade from Ennore, India to Shanghai, China."Sensitive cargo such as windmill blades require white-glove treatment and experienced personnel to perform the operations. This customer chose Höegh’s RoRo services before conventional Lift On Lift Off operations because of its clear benefits for sensitive breakbulk cargo," international shipping company said in a press release.Atuldutt Sharma…

© Ralf Gosch/Adobe Stock

Containershipping: Restoring Balance

The repositioning of empty containers costs the liner industry an estimated $15-20billion every year according to Boston Consulting Group (BCG), as containers sit idle at a depot or are repositioned to a different loading point while empty. This is time spent not earning revenue, whil incurring additional costs, and is estimated by BCG to account for 5-8% of total operating costs for an average container liner. These expenses can include inland repositioning by rail or road onto a different port or terminal…