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Saturday, May 26, 2018

Rolf Habben Jansen. Photo: Hapag-Lloyd AG

Hapag-LLoyd Extends Contract of CEO Rolf Habben Jansen

The supervisory board of Hapag-Lloyd AG has unanimously approved to extend the contract of Chief Executive Officer Rolf Habben Jansen for a further five years until 31 March 2024. “With Rolf Habben Jansen at the head, Hapag-Lloyd has further improved its position as a leading global liner shipping company in a challenging market environment and as an active driver of industry consolidation. The extension of his contract ensures continuity in the corporate management,” said Michael Behrendt, chairman of the supervisory board of Hapag-Lloyd AG.

Photo: Cargotec

Cargotec, JCE Invest AB Form Joint Bulk Business

Cargotec has signed an agreement with JCE Invest AB to establish a joint venture, Bruks Siwertell Group, specialised in dry bulk handling. The new joint venture will own Siwertell AB (previously part of Kalmar Business Area within Cargotec) and BRUKS Holding AB (previously part of JCE Group). Both companies are world-leading suppliers of bulk materials handling solutions. Cargotec will own 48% of the shares in Bruks Siwertell Group, and JCE Invest AB will own the rest, 52%. The ownerships are included to venturers' consolidated financial statements in accordance with the applicable regulation.

U.S., China Closer on Trade Pact

The United States and China agreed to take measures to reduce the U.S. trade deficit in goods by having China purchase more American goods - particularly agriculture and energy products, according to a joint statement the two nations released on Saturday. "There was a consensus on taking effective measures to substantially reduce the United States trade deficit in goods with China," the joint statement reads. "To meet the growing consumption needs of the Chinese people and the need for high-quality economic development…

© Wojciech Wrzesien / Adobe Stock

Croatia Acts to Cut Red Tape for FSRU Terminal Project

The Croatian government proposed a special law on Thursday to facilitate the construction of an EU-backed liquefied natural gas (LNG) terminal in the northern Adriatic.The floating terminal is expected to start operations in 2020.The European Union wants the facility to help diversify sources of supply and reduce dependence on Russian gas, most notably for countries in central Europe.Brussels will invest 101.4 million euros ($121 million), or 28 percent of the project's assessed value.The law…

(File photo: Chevron)

Gorgon LNG Faces Scrutiny on Delayed Carbon Capture Project

The state of Western Australia has ordered an inquiry into a delay in burying carbon dioxide emissions at Chevron Corp's Gorgon liquefied natural gas (LNG) project, which could lead to a change in conditions on the project.The state approved the $54-billion Gorgon project in 2009 on the condition that at least 80 percent of carbon dioxide released in its gas processing operations over a five-year rolling average period would be buried."It has become apparent there needs to be a clearly defined start point for the commencement of the five-year rolling average…

Esben Poulsson (Photo: ICS)

Ship Owners See Sulfur Cap Chaos in 2020 -ICS

The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the UN International Maritime Organization (IMO) resolves some serious issues concerning the implementation of the 0.5 percent sulfur in marine fuel cap, which is scheduled to come into effect globally on January 1, 2020.Such chaos would have serious consequences for the movement of the world’s energy, raw materials and manufactured products – about 90 percent of global trade being carried by sea, ICS…

© compuinfoto / Adobe Stock

Iran's Oil Customers in Europe Might Reduce Imports

European oil companies are not ruling out reducing Iranian oil imports after the threat of new U.S. sanctions, with some expecting banking issues to hinder trade, but there was no rush to immediately cut volumes.U.S. President Donald Trump said on Tuesday the United States was exiting an international nuclear deal with Iran and would impose new sanctions that seek to reduce oil exports from OPEC's third-largest producer.But as of Friday, companies in Europe said they were still taking Iranian oil.

D.V. Abeysinghe, Managing Director/ CEO of Colombo Dockyard PLC and Hiroki Namikawa, General Manager Energy Infrastructure Project Department of Toyota Tsusho Corporation exchanging the Contracts witnessed by Dr Toru Takehara Chairman of Colombo Dockyard PLC. Photo: Colombo Dockyard PLC

Colombo Dockyard to Build Two Vessels for Iraq

The leader of Shipbuilding Industry in Sri Lanka Colombo Dockyard PLC (CDPLC) has successfully secured a contract with Toyota Tsusho Corporation (TTC) of Japan to build two vessels; Pilot Station Vessel and Buoy Tender Vessel, for General Company for Port of Iraq (GCPI). TTC and GCPI signed the Prime Contract on 27th April 2018 in Dubai. Subsequent to the signing of the Prime Contract, TTC signed the Sub Contract Agreement with CDPLC as TTC’s preferred Shipyard for the construction of these vessels on 2nd May 2018 in Japan.

From left, Andy Abbott CEO of ACL, Karen Oldfield and Costantino Baldissara. Photo:  Hafen Hamburg Marketing

The 'Grande Halifax' Christened in Halifax

The Pure Car & Truck Carrier Grande Halifax, owned and operated by the Grimaldi Group, has been christened yesterday in Halifax, New Scotia. Godmother of the new vessel was Ms. Karen Oldfield, President and CEO of the Halifax Port Authority. A ceremony took place at Halterm/Autoport with the presence of a distinguished delegation composed of representatives of civil and maritime authorities, among which the mayor of Halifax Michael Savage, Members of Parliament, the honorary consul of Italy in Halifax Marilisa Benigno…

© joey333 / Adobe Stock

Australia Wants to Recycle Trash from Ships

The Port of Hay Point in Queensland, Australia has kicked off a pilot program to investigate the feasibility of recycling garbage from international ships.Currently, ships' crews separate recyclable garbage on board, but have limited opportunity to offload these materials at Australian ports for recycling. Any garbage that is separated on board is combined when offloaded in Australian ports and has to undergo treatment by autoclave or deep-burial to meet Australia’s biosecurity requirements.

(Photo: Hapag-Lloyd)

Hapag-Lloyd Delays Recovery Hopes

German container shipping line Hapag-Lloyd reported a higher net profit and operating result in the first quarter of 2018 on Monday, citing better transport volumes, but said earnings improvements would mostly be made in the second half."We have had a solid start into the current year, but the market environment is challenging," Chief Executive Rolf Habben Jansen said."Freight rates have been under pressure, bunker costs and trucking costs in some important markets were up and we faced a weaker U.S.

© donvictori0 / Adobe Stock

US Exports to China to Rise amid Trade Talks, but Volumes are Capped

China has pledged to buy more U.S. goods to reduce America's huge trade deficit and help avoid exacerbating a trade war between the world's two biggest economies, with energy and commodities high on Washington's list of products for sale.The U.S. trade war with China is "on hold" after the governments agreed to drop tariff threats and work on a wider agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday. Washington is especially keen to sell more of the United States'…

Photo: Hapag-Lloyd

Hapag-Lloyd CEO Says Market Is Still Challenging

Hapag-Lloyd has completed the first quarter 2018 with earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR 219.4 million, which is an increase compared to the first quarter of the previous year (EUR 135.3 million). The operating result before interest and taxes (EBIT) stood at EUR 53.7 million after three months (first quarter 2017: EUR 7.5 million). The group net result amounted to EUR -34.3 million and thereby EUR 23.8 million over the quarterly result of the previous year (EUR -58.1 million).

Bomin Takes the Lead Supplying IMO-compliant Marine Fuel

Germany-based Bomin Group has started delivering ultra-low sulphur fuel oil (ULSFO) as a marine fuel to ships calling in the Amsterdam-Rotterdam-Antwerp region, the company said. The ULSFO marine fuel has a maximum 0.1 sulphur content and complies with regulations on designated Emissions Control Areas (ECAs)as well as the International Maritime Organization's (IMO) global sulphur cap in 2020. Coming IMO rules will slash the amount of sulphur emissions that ships worldwide are allowed to burn from 3.5 to 0.5 percent by 2020.

Photo: Danish Maritime Authority

DMA: Third Party Liability Insurance Mandatory for Small Vessels

After new regulation, all speedboats with a hull length below 15 m, personal watercrafts/jet skis and similar vessels must now be covered by a 3. part liability insurance. Danish Maritime Authority informed that if the vessel does not have insurance coverage, you are not allowed to operate it. The new requirements regarding mandatory third party liability insurance, strict liability in case of personal injury and loss of pendant as well as wider options for confiscation of vessels have come to into force yesterday (May 15).

Photo:  International Maritime Organization (IMO)

Spotlight on Women in Maritime Security

"The bottom line is that doubling your talent pool just makes sense", said Chris Trelawny,  International Maritime Organization (IMO)'s special Adviser on Maritime Security, as he opened the Women in Maritime Security conference held at IMO Headquarters (24 May). Women are increasingly present at sea, as they defy traditional expectations. Their full and meaningful participation in the economy, political decision-making, and society is key to addressing maritime challenges, but gender equity in the maritime space is too often overlooked.

Image: Kalmar Global

Kalmar Plans to Offer Fully Electric Lineup by 2021

Kalmar, part of Cargotec, announces its commitment to reduce emissions in cargo and material handling operations by fostering eco-efficient technologies. According to the commitment Kalmar's full offering will be available as electrically powered versions by 2021. The target is in line with Cargotec's sustainability roadmap announced in 2016. Innovation has always been at the heart of Kalmar's business. The very first electrically powered machine developed by Kalmar, an electric forklift truck for smaller capacity ranges…

Electric Ferries on Rise: DNV GL

The environmental ambitions of the politicians in Hordaland were very high when it came to cutting emissions from ferry operations. A tender for new ferries, supported by DNV GL, resulted in a record investment of 140 million euros in zero-emission technology. When ferries pass the stunning scenery of Norway’s Hordaland County today they leave a sizeable pollution and CO2 footprint behind. Hordaland’s 20-vessel ferry fleet has an average age of 29 years and emits as many noxious fumes as all the buses of the county combined.

(Photo: SCPA)

South Carolina Ports Achieve Record April

South Carolina Ports Authority announced the highest April container volumes in its history, with growth of 4 percent over the same month last year.SCPA handled 196,439 twenty-foot equivalent container units (TEU) in April. The Port has moved 1.8 million TEUs across the docks of its Wando Welch and North Charleston container terminals since the fiscal year began in July, an increase of nearly 2 percent over the same period last year."Our strong April volumes were driven in part by significant growth of loaded export containers…

© Roy Ledford / MarineTraffic.com

US Fines Shipping Company $1 Mln for Pollution Crimes

A Japanese shipping company will have to pay $1 million after being convicted and sentenced for obstruction of justice and falsification of an Oil Record Book to cover-up intentional pollution from bulk carrier M/V Atlantic Oasis.The company Nitta Kisen Kaisha Ltd., owner and operater of the Atlantic Oasis, admitted that its engineers failed to document the illegal discharge of oily wastes from the vessel’s fuel and lubrication oil purifier systems, as well as discharges of oily bilge waste from the bilge holding tank and from the vessel’s bilges when delivering steel products to Wilmington…

(Image: Ecochlor)

Angelicoussis Shipping to Retrofit BWTS on 36 Ships

U.S.-based ballast water treatment system (BWTS) manufacturer Ecochlor, Inc. said it has been awarded a contract to retrofit 36 vessels, including Suezmaxes, Aframaxes, VLCCs, Minicapes and Capes for Angelicoussis Shipping Group Limited (ASGL). Installations are expected to take place between 2018 and 2020 in Singapore, Dubai, Qatar and China.Ecochlor CEO Steve Candito remarked, “Having both IMO and USCG Type Approval were very important factors in the selection process by ASGL.

Photo: Lloyd's Register

New Online Tool Aids 2020 Sulfur Compliance

The new ‘Sulfur 2020 – Options Evaluator’ from Lloyd’s Register (LR) aims to help the industry identify the best strategy for compliance with the global sulfur in fuel oil limit of 0.50 percent m/m, which comes into effect on January 1, 2020.According to LR, the ‘Options Evaluator’ aims to bring clarity to what the potential cost and investment implications could be for the various compliance strategies, such as transition from fuel oil to marine gasoil (MGO), use of scrubbers…

File Image (CREDIT: AdobeStock / © Nightman1965)

China Denounces Trade Unilateralism

China's foreign minister on Wednesday took a swipe at the United States' trade policy and defended international free trade on the basis of World Trade Organisation regulations.   "Trade unilateralism goes against the current of history," Wang-Yi said alongside his French counterpart Jean-Yves Le Drian speaking through an interpreter. "We must preserve international free trade on the basis of WTO rules."   The two foreign ministers also agreed to the need to maintain the Iran nuclear deal.   Reporting by John Irish 

I-Tech CEO Philip Chaabane  (Photo: I-Tech)

I-Tech AB Becomes Clean Shipping Index Member

The developer of the barnacle-repelling antifouling ingredient Selektope have become members of the non-profit organization Clean Shipping Index (CSI). Through its membership, I-Tech AB will encourage environmentally responsible decisions around antifouling coating procurement to users of CSI’s holistic labeling system which ranks the environmental performance of ships. I-Tech will seek to promote the benefits of choosing less environmentally impactful antifoulings and educate CSI users on the impact of coating types…

Terry Makewell  (Photo: UKHO)

UK Hydrographic Office Appoints Makewell CTO

The UK Hydrographic Office (UKHO) appointed Terry Makewell to the position of Chief Technology Officer. Makewell has more than 20 years’ experience in leadership positions in government, academia and the creative industries, and will be instrumental in further developing the UKHO as a world-leading center in the marine domain. This will support the UKHO in delivering its vision of becoming the world-leading marine geospatial information agency and hydrographic office by 2020. Makewell  joins the UKHO from the Office for National Statistics, where he held the role of Chief Digital Officer.

Photo: Kalmar

Meet the Digital, Zero Emission Cargo Solution

Kalmar, part of Cargotec, and Yara entered into an agreement in which Kalmar will deliver fully autonomous equipment, software and services for a unique, fully digitalized container handling solution at Yara's Porsgrunn facility in Norway. This means that all the necessary operations related to the world's first autonomous and electric container vessel Yara Birkeland will be conducted in a fully autonomous and cost efficient manner, with zero emissions. The order was booked in…

© Rafael Ramirez / Adobe Stock

Allianz Expands, Improves Project Cargo Coverage

With an increased demand for large-scale production facility and infrastructure projects worldwide, the transport of high-value, critical equipment to these project sites has become more intricate and complex. To meet this growing need, Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has announced an expanded Project Cargo offering formed by a direct partnership with its Engineering division. Specifically, this new collaborative approach allows AGCS to provide continuous end-to-end coverage for companies managing unique and complicated risks…

Photo: CMA CGM

CMA CGM Sets Surcharge to Offset Fuel Price Surge

French shipping group CMA CGM said on Friday it would introduce an exceptional surcharge after its first quarter earnings were hit by a sharp rise in bunker fuel prices.The move comes after Maersk Line, the world's largest container shipping company, announced a similar "emergency bunker surcharge" earlier on Friday.CMA CGM, one of the world's biggest container lines, did not detail the amount of the surcharge, nor the date of its implementation.Oil prices hit their highest since late 2014 at $80.50 a barrel this month…

Photo: AET Tankers Pte Ltd

Shell, AET Deal for LNG Aframaxes

Malaysian-owned global shipping company specialising in the ocean transport of crude oil and refined products  AET Tankers and Shell International Trading and Shipping Company  formalised arrangements for the long-term charter of AET’s two newbuild liquefied natural gas (LNG) dual-fuelled Aframax tankers. AET’s two 113,000 dwt vessels are currently being built by Samsung Heavy Industries in South Korea and are due for delivery from Q3 of 2018. The arrangements will see Shell take both vessels on a long-term charter commencing in Q4 of this year.

Photo: Monjasa Group

Monjasa Group Improves Results

Danish bunker and tanker group Monjasa Group improved profitability in our operations and we continued making progress in optimising operational expenditures in 2017. Together, this led to a financial turnaround compared to an unsatisfactory 2016. Monjasa Group's annual report for 2017 displays growth in revenue to USD 1.4bn (USD 1.2bn) primarily caused by a 19% increase in oil prices. The Group delivered EBIT of USD 7m (-17m) and a net profit of USD 7m (USD -26m), which is in line with management expectations.

© Kara  / Adobe Stock

IMO Reaches Deal to Cut CO2 Emissions

The United Nations shipping agency reached an agreement on Friday to cut carbon emissions, following years of slow progress. The compromise plan, which will cut emissions by at least 50 percent by 2050 compared with 2008 levels, fell short of more ambitious targets. Kitack Lim, Secretary-General of the International Maritime Organization (IMO), said the adoption of the strategy "would allow future IMO work on climate change to be rooted in a solid basis". The IMO said it would also be pursuing efforts towards phasing out CO2 emissions entirely.

The world's 1st driverless container truck developed by westwell was unveiled in China's Zhuhai Port early this year. Photo: Westwell

Autonomous Container Truck Makes a Debut in Zhuhai Port, China

Westwell recently developed a driverless container truck, introduced in China's Zhuhai Port, in January. Adopting the latest artificial intelligence applications, it is a self-driving vehicle in a port environment. Artificial intelligence is changing the world of container shipping. It is estimated that there are over a thousand overseas container terminals and that many of these call for cutting-edge technology, such as driverless vehicles, more than automation. Westwell's driverless…

Stena Carron is the first drillship to receive the notation Drill(MPD) from DNV GL. Photo: DNV GL

Stena Drillship First to Receive DNV GL MPD Class Notation

DNV GL has revised its classification rules for Managed Pressure Drilling (MPD) systems and introduced two new class notations DRILL(MPD) and DRILL(MPD READY). Stena Drilling Ltd. (SDL) is the first drilling contractor to receive the notation Drill(MPD) for their harsh environment drillship Stena Carron. Managed Pressure Drilling (MPD) is an adaptive drilling process that allows greater control of the annular pressure profile throughout the wellbore. This can help operators drill new wells safely and more efficiently and in some cases to drill previously undrillable wells.

Lars Robert Pedersen, BIMCO Deputy Secretary General ​

BIMCO applauds IMO for setting emission target

"The IMO has done something no one has done before: set an absolute target for emission reductions for an entire industry. It is a landmark achievement in the effort to reduce emissions, and something that every other industry should look to for inspiration," says Lars Robert Pedersen, BIMCO Deputy Secretary General and delegate at the IMO meeting. BIMCO is very satisfied with the Green House Gas (GHG) strategy adopted by the International Maritime Organization (IMO) at the Marine Environment Protection Committee on April 13.

Appointment of Dorothy Thompson CBE as non-executive Chair of Tullow Oil plc Photo Tullow Oil

Thompson takes over from Founder Heavey, Tullow Oil

Tullow Oil plc (Tullow) announced the appointment of Dorothy Thompson as independent non-executive Director and Chair-designate of Tullow with effect from the conclusion of the Group’s Annual General Meeting (AGM) on 25 April 2018. It is anticipated Thompson will succeed Aidan Heavey, Tullow’s current Chairman and Founder, as Chair at the conclusion of the Board meeting scheduled for 20 July 2018. Aidan will retire from the Board at the same time. Thompson (57) brings extensive experience to Tullow having served for 12 years as CEO of Drax Group plc…

Roadmap for Environmentally Friendly Vessel Technologies Image NYK

NYK Green Bonds Issue a Global Shipping First

NYK will publicly offer Green Bonds (Unsecured Corporate Bonds No.40) within the Japanese domestic market in May, becoming the world’s first company to issue labelled Green Bonds in global shipping business sector. A green bond is one in which the proceeds are used solely for the purpose of funding environment-friendly projects. NYK’s new medium-term management plan “Staying Ahead 2022 with Digitalization and Green” positions the company to integrate environmental, social, and…

Photo: Concordia Maritime

Concordia Maritime, Swedish Institute to Measure Microplastics in the Oceans

Together with the Swedish Institute for the Marine Environment, Concordia Maritime initiated a preliminary study to determine the feasibility of gathering important information on the volume of micoplastics in the oceans. By installing a collection device on a tanker, water samples can be collected while it is under way for subsequent analysis by researchers. The aim is to draw conclusions as to the extent, distribution of microplastics and potential consequences for living organisms.

Knut Ørbeck-Nilssen’s commitment to quality, modernisation and transparency widely reflected in IACS work and future vision. Photo: DNV GL

IACS Chairman Unveils Future Vision

Quality, modernisation and transparency have been the three fundamental themes of the International Association of Classification Societies (IACS) during DNV GL’s Chairmanship, and this approach is widely reflected in IACS’ 2017 Annual Review which was presented in London today by IACS Chairman Knut Ørbeck-Nilssen. Looking back at IACS’ development and successes over the past year, Mr Ørbeck-Nilssen said that during these dynamic times, both IACS and its twelve Member societies need to act as a guide for the shipping industry, identifying the path for others to follow.

 Grant Johnson, Foss Maritime's Vice President for Health, Safety, Quality and Environment Photo Foss Maritime

U.S. Coast Guard Honors Foss Exec Johnson

The U.S. Coast Guard awarded Grant Johnson, Foss Maritime's Vice President for Health, Safety, Quality and Environment (HSQE), with a Meritorious Public Service Award in recognition of his achievements as a member and Vice Chair of the National Offshore Safety Advisory Committee. The award is the Coast Guard’s second highest service award, and was presented at a meeting of the National Offshore Safety Advisory Committee on March 28, in New Orleans. Johnson joined the committee in 2011 and has served as Vice Chair for the last five years.

David Loosley - Chief Executive of the Institute of Marine Engineering, Science and Technology - has been appointed to a maritime panel by Transport Secretary, Rt Hon Chris Grayling. Photo: The Institute of Marine Engineering, Science and Technology

IMarEST CEO David Loosley Appointed to Government Maritime Panel

Working in partnership with industry, the government aims to challenge the sector to think about what it will look like in 2050. This vision will reinforce the development of Maritime 2050, a long-term strategy by the end of 2018 that emphasises the opportunities for the UK maritime sector. The expert panel will offer advice and look strategically at the issues that will be of critical importance to the maritime industry, and all the industries it sustains, up to 2050. David leads the Institute…

Image: Artist impression: Vopak

Vopak to Invest in Rotterdam Terminal

Vopak Rotterdam Botlek is investing in 63.000 cbm state-of-the-art stainless steel capacity (15 tanks) for the storage of Styrene and other hazardous chemicals. Styrene is a vital product used in manufacturing of a wide variety of consumer goods serving markets such as packaging, construction (for example isolation) and automotive. The new infrastructure will be fully insulated to allow for product temperature control and is designed to prevent any emissions to the environment.

Photo: ExxonMobil

ExxonMobil Rolls Out New Hydraulic Oils

ExxonMobil said its new Mobil SHC Aware HS (Hydraulic System) Series hydraulic oils are specially formulated to offer excellent protection, even in marine operating environments. The oils meet the U.S. Vessel General Permit (VGP) requirements for Environmentally Acceptable Lubricants, making them suited for operators in U.S. inland and coastal waters.According to ExxonMobil , the new oils’ balanced formulation helps to offer a range of performance benefits, including protection across a wide temperature range…

Photo: Grimaldi Group

Grimaldi Christens Grande New York

The Grande New York, part of the new fleet of the Grimaldi Group, was christened in the Port of NY-NJ at Port Newark Auto Marine Terminal (FAPS). Godmother was Amanda Matilda Cuomo Cole, granddaughter of former late NY Governor, Mario Cuomo and niece of current NY Governor Andrew Cuomo. Father Peter Haldás of St. John Paul II blessed the ship during a short ceremony to a distinguished delegation composed of maritime authorities, customers, port operators and managers of Grimaldi Group and daughter company Atlantic Container Line.

Photo: The Baltic Index

Baltic Exchange Sets Out New Code of Conduct

The Baltic Exchange said it will introduce a new code of conduct for shipowners, charterers and shipbrokers using the physical shipping and freight derivatives markets.Following a detailed review of the current arrangements led by law firm Norton Rose Fulbright with oversight by the Baltic Exchange Council and the Baltic Membership Council, the New Baltic Code has been drafted to bring together a set of principles and business practices which will be applicable to not only Baltic Exchange members, but also the wider market.

(Image: Bureau Veritas)

New App Helps Ship Owners Comply with Fuel Regs

Bureau Veritas has introduced the first phase of My Fuel Consumption, a cloud-based and secure web application for desktop, mobile and tablet that aims to make compliance easy, with a digitized process throughout the various steps of IMO-DCS (declaration of fuel consumption) and EU MRV regulations (CO2 emissions).All ships of 5,000 GT and above must submit IMO-DCS plan to receive a confirmation of compliance, from their flag states or delegated Recognized Organizations (ROs) before January 1, 2019.

(File photo: DP World)

DP World Post 7.3% Volume Growth

Dubai state-owned port operator DP World Limited said it handled 17.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2018, with gross container volumes growing by 7.3 percent year-on-year on a reported basis, and 8.4 percent on a like-for-like basis."Following a strong year for the global container market in 2017 with peak levels since 2011, our portfolio has had an encouraging start to 2018 delivering ahead-of-market growth.

(Photo courtesy Intrernational Transport Forum)

Japan: An LNG Bunkering Hub?

New study examines Japanese government strategy for creating infrastructure for environmentally-friendly ship fuel.A new report by the Intrernational Transport Forum at the OECD assesses Japan’s ambition to become an international bunkering hub for liquefied natural gas (LNG).The Japanese government is working to position the nation as a LNG bunkering hub as it expects the fuel's significance in shipping to grow.Japan is already the world’s largest importer of LNG by a large margin.

Templar Executives MoU  (Photo: Wärtsilä)

Shipping Cyber Academy Established in Singapore

Wärtsilä is partnering with the cyber security company Templar Executives to establish a cyber academy in Singapore. The academy will offer courses designed to support and enhance the collective cyber maturity of the wider shipping community, notably operators and owners.“We believe this is a first for the maritime industry; a center of excellence including a cyber academy, combining threat intelligence and cyber education designed to support collaboration for our customers and the wider maritime community…

Photo: International Maritime Organization (IMO)

IMO Urges Governments to Implement HNS Convention

The IMO treaty covering compensation for damage caused by Hazardous and Noxious Substances (HNS) transported by sea is the subject of a workshop underway at International Maritime Organization (IMO) Headquarters, London (26-27 April). The event  is focused on helping governments to understand and implement the HNS Convention, and follows excellent progress made earlier this week, when Canada and Turkey signed up to the treaty. This brings the total contributing cargo to 28.7 million tonns – 72% of that needed for the treaty to enter into force.

(Image: Interlake Steamship Company)

Interlake Charters Barge for Great Lakes Service

Ohio-based shipping firm the Interlake Steamship Company announced it will time charter a 418-foot, 14,400-short-ton capacity dry cargo barge from the U.S. East Coast to operate on the Great Lakes starting this spring.The single-hold covered hopper barge Montville, owned and operated by Connecticut-based towing services provider Moran Towing Corp, will be under charter through 2019 with options to extend.The time charter deal marks a first for Great Lakes carrier Interlake, whose owned fleet includes nine self-unloading vessels ranging in carrying capacity from 24,000 to 68,000 gross tons.

MISC's Fifth MOSS-Type LNG Carrier, the Seri Cemara Photo MISC

LNG Carrier Seri Camar Delivered to MISC

Malaysian shipping firm MISC Group has taken delivery of Seri Cemara, the final vessel in a series of five MOSS-Type liquefied natural gas (LNG) carriers built for long-term charter to Petronas.The 150,200 CBM LNG carrier has been built for MISC by South Korean shipbuilder Hyundai Heavy Industries Co., Ltd. (HHI). Upon its delivery, Seri Cemara joins her sister MOSS-Type carriers Seri Camellia, Seri Cenderawasih, Seri Cempaka and Seri Camar on long-term charter to Petronas.The…

Wynne Edwards (Photo: MarineMTS)

MarineMTS Launches Silverbox

MarineMTS has launched to market Silverbox, a new piece of technology that is set to provide secure chart and data updates to mariners across the globe. Silverbox will help vessel owners and operators improve voyage planning, enhance safety and prepare for a future of automation.Silverbox, which has undergone rigorous testing on client vessels around the world, will enable the delivery of live, secure, automatic updates to navigational charts on vessels that use an Electronic Chart Display and Information System (ECDIS) - mandatory for all sizes of commercial craft by July 2018.

© Shaun Robertson / Adobe Stock

Kenyan Fishermen Win Millions for Loss of Rights to New Port

Activists hailed a Kenyan court for ordering that almost 5,000 fishermen at a 14th century World Heritage Site receive millions in compensation for the loss of traditional fishing rights due to the construction of a major port.The fishermen in Lamu, the oldest Swahili settlement in East Africa, won 1.76 billion shillings ($18 million) in compensation this week from a court in the nearby town of Malindi, which also said their rights to culture and information had been violated."We were happy with the judgment…

Photo: Port of Amsterdam

Amsterdam Port Becoming a Smart Global Hub

The growing number of construction projects in the Greater Amsterdam Area has created a need for a smart and efficient method for transporting materials to building sites. In an effort to meet this demand, the City of Amsterdam, Port of Amsterdam, Waternet and TNO (the Netherlands Organisation for Applied Scientific Research) have launched a partnership project in Amsterdam focussing on building logistics. As part of the project, commissioned by the Ministry of Infrastructure and the Environment…

Photo: Carnival

Carnival Maritime, ENSM Partner for Cadet Training

Carnival Maritime GmbH of Hamburg, Germany, and the ENSM French Maritime Academy of Le Havre and Marseille, France, have agreed on cooperation to ensure future high standards in nautical and technical training of cadets.The aim of the collaboration is to train the next generation of qualified officers for the cruise industry and their future responsibilities, based on both the nautical and the technical IMO curriculum at the ENSM. Moreover, the collaboration aims to provide cadets…

Photo: Navios Maritime Containers Inc.

Navios Maritime Containers Acquires Three Containerships

Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced  that it agreed to acquire three containerships for a total purchase price of $117.25 million. Navios Containers agreed to acquire two 8,204 TEU containerships, the YM Utmost and the YM Unity, for $67.0 million from Navios Maritime Partners. The two vessels are chartered out at a net daily charter rate of $34,266 until August 2018 and October 2018, respectively. The acquisition of the YM…

Sea ice along the east coast of Banks Island in the western Canadian Arctic. Photo credit: UVic researcher William Halliday, a co-author of the new study led by UVic marine biologist Lauren McWhinnie.

Study Calls to Reduce Ship Speed for Arctic

In the Arctic, marine mammals such as belugas and bowhead whales rely on a quiet environment to communicate and forage. But as Arctic sea ice shrinks and shipping traffic increases, vessel disturbance could very likely impact their social behaviours, distribution and long-term survival, warns a new study led by University of Victoria marine biologist Lauren McWhinnie. Published in the peer-reviewed journal Ocean and Coastal Management, the study calls for precautionary measures…

File Image (CREDIT: AdobeStock / © Nightman1965)

Tightening CA Environmental Regs Could Impact West Coast Supply Chains

In a similar fashion to Gulf coast offshore energy producers who, in some instances, must document and count the environmental impact of their third party standby boats, offshore service vessels and other assets, the ports of Long Beach and Los Angeles could soon be burdened with yet another layer of environmental rules. In Southern California, beneficial cargo owners (BCOs) are bracing for yet another set of regulations; this time as a function of cargo transported to and from warehouses and even off-site intermodal rail yards.

(Photo: Galileo Maritime Academy)

Thailand Emerges as an International Maritime Training Center

Since mid 2015 when MCA first approved a Thailand based seafarer training facility, that destination has experienced growth as a popular focus for both advanced seafarers and also entry level crew to complete STCW 2010 and the new updating STCW courses.Anthony Gould, CEO and major investor in Galileo Maritime Academy, said at the recent launch of their Survival Craft and Fast Rescue Boats training facility in Phuket, “Over the last three years international professional seafarers coming to Phuket…

Record-Breaking Year for the Port of Baltimore

38.4 million tons of cargo handled in 2017; the most since 1979 and the third-highest tonnage in its history.With such a busy port environmental factors have to be considered. The Maryland Department of Transportation, Maryland Port Administration has made significant environmental progress to reduce emissions at the port’s public marine terminals in the last several years, including upgrades of older equipment to newer and more efficient tools.The 2018 GreenPort Congress Conference…