After Brexit, Ireland and France cut Out the Middleman: Britain
From his office overlooking Cherbourg docks, general manager Yannick Millet points to trailers destined for Ireland that belong to Amazon and FedEx, new customers and a signal of a potential big shift in post-Brexit trade.Confronted by red tape and delays after Britain’s messy exit from the European Union, Irish traders are shipping goods directly to and from European ports, shunning the once-speedier route through Britain.“You see the shift in supply chains right here,” he said.All five operators connecting Ireland to mainland Europe have increased ferry services in the past nine months…
Ports of Indiana-Burns Harbor Searches for New Port Director
Ports of Indiana announced that Ian Hirt has resigned after four years as port director of Ports of Indiana-Burns Harbor, effective May 3, 2021. The Ports of Indiana executive leadership team has commenced plans to hire a new port director.During Hirt’s tenure, the northwest Indiana port achieved the following:Implemented numerous environmental initiatives including the adoption of its own stormwater management program authorized by the Indiana Department of Environmental Management…
Swift COVID-19 Vaccines Urged for Largest US Ports Amid Cargo Backlogs
Members of Congress have joined state and local leaders in urging California officials to hasten COVID-19 vaccinations for workers at the ports of Los Angeles and Long Beach, the nation's two busiest, hit hard by pandemic workforce disruptions and surging imports.As of Wednesday, 27 arriving container ships stood anchored off the twin ports complex waiting for berths to clear at terminals piled high with cargo from previous shipments, according to the Marine Exchange of Southern…
Port Milwaukee Cargo Volumes Rise in 2020
Port Milwaukee finished 2020 with its highest annual cargo volume in the past seven years.Despite the unusual year's historic and unprecedented difficulties, including pandemic- and flooding-related challenges, overall tonnage for the municipal port and the adjacent private docks in Milwaukee Harbor rose more than 5%, led by agricultural exports and handling of cement.“Port Milwaukee’s resilience was on full display in 2020. We overcame flooding resulting from unusually high water levels on Lake Michigan at the start of the year.
DP World Antwerp Gateway Orders Fleet of Automated Stacking Cranes
DP World Antwerp Gateway has ordered a fleet of 34 Automated Stacking Cranes for its container terminal in Antwerp, Belgium. The Konecranes Gottwald ARMGs will be an expansion to the current fleet of 20 currently in operation. The first batch will be delivered in Q2 2022, the last batch by 2026. This order was booked in December 2020.DP World Antwerp Gateway was very motivated to continue their current operating concept, using their current ASC system delivered by Gottwald in 2006.
Singapore Prioritizes Vaccinations to Frontline Maritime Workers
More than 10,000 frontline maritime personnel to receive COVID-19 vaccinations by end of January.In the global seafarer crisis created by COVID-19, Sinagapore has emerged as a world leader in the treatment of seafarers and frontline maritime personnel. That streak continues as Singapore became one of the first countries to prioritize COVID-19 vaccinations for frontline maritime workers. The vaccination exercise is part of the national COVID-19 vaccination strategy to protect frontline personnel and their family members…
UK's Portland Port Freezes Tariffs for 2021
Portland Port has frozen its fees for customers in 2021 after the country has been heavily impacted by the coronavirus pandemic.There had been high hopes that the start of 2021 would see the country starting to return to normal business, however, even with the roll out of a vaccine, the whole country is back in national lockdown.Ian McQuade, Commercial General Manager at Portland Port, said, “Portland Port acknowledges the significant challenges faced by all industries during this pandemic., s to help, we have decided to keep our tariff prices the same as last year.
Egypt Reopens Red Sea Ports Shut Due to Bad Weather
Egypt has reopened three Red Sea commercial ports and one fishing port which were shut earlier on Wednesday because of high winds and rough seas the Red Sea Ports Authority and two sources said.The reopened ports are Suez, Zeitiyat, Adabiya and the fishing port of al-Ataka, they added.Two other ports, Nuweiba and Ain al-Sokhna, remained closed, the authority and sources said.(Additional reporting by Youssry Mohamed; Writing by Mahmoud Mourad; Editing by Barbara Lewis and Alistair Bell)
Equinor Selected for US' Largest Offshore Wind Award
Norwegian energy company Equinor said it has been selected to provide New York State with offshore wind power in one of the United States' largest renewable energy procurements to date.Under the award, Equinor and partner BP will provide 1,260 megawatts (MW) of renewable offshore wind power from Empire Wind 2, and another 1,230 MW of power from Beacon Wind 1, each calling for more than 90 turbines off the coast of Long Island—adding to the existing commitment to provide New York…
Ship Insurers Primed to Raise Rates After Red Sea Attacks
Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said.The possibility of more attacks on commercial shipping carrying oil and commodities through these waterways is growing after the outgoing U.S. administration’s move to designate Yemen’s Iran-aligned Houthi movement as a foreign terrorist organization.“We are seeing increased rates for vessels making port calls in the Red Sea due to concerns over risk of attack by militia groups…
Interpol Issues Red Notices for Ship Captain, Owner Over Beirut Blast
Interpol has issued red notices for the captain and owner of the ship that carried the chemicals which devastated Beirut in an explosion in August, killing 200 people, Lebanon’s state media said.Five months since one of the biggest non-nuclear blasts on record, big questions remain about the ammonium nitrate that detonated after being stored at the port for years.The Interpol notices, which are not international arrest warrants, ask authorities worldwide to provisionally detain people pending possible extradition or other legal actions.
North Carolina Ports Aims to Grow Its Agricultural Opportunities
The North Carolina State Ports Authority announced it is expanding capabilities to better support the North Carolina agriculture industry through a partnership with Scoular.North Carolina Ports on Tuesday received approval from the North Carolina Council of State for a land lease to develop an agricultural transload facility on the Port of Wilmington. Council of State approved the long-term lease for Scoular to develop an at-port facility that will receive, store and load agricultural…
Oil Rises to 11-month High
Oil hit an 11-month high just below $57 a barrel on Tuesday, bolstered by Saudi Arabia's plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand.Brent crude settled up 92 cents, or 1.7%, at $56.58 a barrel by after touching its highest level since last February at $56.75. U.S. West Texas Intermediate (WTI) gained 96 cents, or 1.8%, to $53.28.Saudi Arabia plans to cut output by an extra 1 million barrels per day (bpd) in February…
China Energy Terminals on Alert as Sea Ice Slows Ships
Chinese ports and marine safety authorities are on high alert as an expansion of sea ice makes it tougher for ships to berth and discharge at key energy product import terminals along the coast of northern Bohai Bay.A cold wave sweeping the northern hemisphere has plunged temperatures across China to their lowest in decades, boosting demand for power and fuel to historic highs in the world's largest energy consumer."The sea ice situation is more severe this year than the same period in previous years," said Wang Jun, a professor specializing in transport issues at Dalian Maritime University."I
Scotland's Seafood Exporters Dealt New Post-Brexit Blow
The post-Brexit woes facing Scotland’s fishing industry deepened on Saturday as its biggest logistics provider, DFDS Scotland, said it would halt exports to the European Union through one of its main services until at least Wednesday.Previously, the company had said it would take until Monday to resume its “groupage” export service - which allows exporters to ship multiple products in a single consignment - while it tries to fix IT issues, paperwork errors and a backlog of goods.The…
Tech Files: Breathing New Life into Old Port Cranes
Retrofits of new features into existing ports cranes can produce operational efficiency and safety gains not included on cranes delivered 15-20 years ago, including Ship-to-Shore (STS) Rubber Tyred Gantry (RTG) and Rail Mounted Gantry (RMG) types. Here, Dmitry Lapin, Knowledge and Development Manager, Port Services, Konecranes, looks at retrofit options proven in applications internationally.Sooner or later, the owners of ports cargo handling equipment are going to face a number of technical and organizational questions about the future.
UK Ports Tap Geospatial Data to Help Solve Transport Challenges
The SpacePort project, funded by the Geospatial Commission and Innovate UK, will explore how novel geospatial systems can streamline port operations, improving efficiency and tackling societal disbenefits.SpacePort brings together marine sector specialist Marine South East, Connected Places Catapult who have deep experience in supply chain logistics and Portsmouth International Port, the UK’s largest and most successful municipal port.Portsmouth International Port has ambitious plans to boost both passenger numbers and freight volumes in the next decade…
Ireland: Large Fire at Port of Cork Under Control
Firefighters have brought a large fire at the southern Irish port of Cork under control and no casualties were reported, the port authority, which recently started offering more "Brexit-proof" direct sailings to mainland Europe, said on Saturday.The blaze began in a grain store at a deepwater berth used for freight services, the port authority said shortly after 0930 GMT, urging local residents to keep all doors and windows shut and remain indoors.It said just over an hour later that the fire was under control."Emergency services remain on site to monitor the area.
Abu Dhabi Ports Halts Rent Increases for 2021
Abu Dhabi Ports today announced a freeze on rent escalation during 2021 for all businesses in its Industrial Cities and Free Zone cluster, in a move aimed at providing further relief to its customers in KIZAD and ZonesCorp and boosting the Abu Dhabi economy in these challenging times.The effective freeze on rent increase for the entire year is in line with Abu Dhabi Ports’ core philosophy of enabling businesses to remain competitive within their target markets, and follows several measures taken throughout 2020 to provide relief to customers.
Port Everglades Receives 'Marine Highway' Designation
Port Everglades received approval from the U.S. Maritime Administration (MARAD) for “Marine Highway” designation for a new route connecting Port Everglades with Port Houston, Puerto Rico and the U.S. Virgin Islands (USVI). National Shipping of America (NSA) will be the first company to offer service on this new route. Port Everglades is the first port to receive this designation in South Florida and is among only 45 others nationwide.“We are honored to be part of MARAD’s Marine Highway program,” said Jonathan Daniels, Port Everglades Chief Executive and Port Director.
Roberts Named President of Foss Maritime
Seattle-based tug and towing company Foss Maritime said its chief operating officer Will Roberts has been promoted to president.“It was evident to our leadership team that Will’s ability to perform at the highest level along with his business acumen continues to align very well with our organization,” said Jason Childs CEO of Foss' parent company Saltchuk Marine. “As we look to the future, we’re confident that Will is the right person to lead Foss and carry on the long legacy of providing the highest level of service and support to our team and customers in the maritime sector.”Roberts said…
Ireland Eases Customs Rules as Low Demand Stops Ferry Sailings
Ireland's tax authority temporarily eased post-Brexit customs arrangements after some trucks were unable to deliver goods from Britain, difficulties that prompted the largest Irish Sea ferry operator to cancel some sailings from Friday.Britain's departure from the EU's orbit introduces reams of paperwork and costs that must be completed to move goods across the new customs border. For Irish firms, it means a 12-fold rise in the number of import and export declarations, the tax…
Iron Ore Shipments from Australia's Port Hedland to China Rise 16%
Iron ore shipments to China from Australia's Port Hedland rose by 16% in December from a month earlier, despite a short weather-related shutdown, the Pilbara Ports Authority said on Friday. Iron ore exports to China rose to 40.0 million tonnes from 34.44 million tonnes in November, data from the authority showed. Total iron ore exports from Port Hedland rose to 46.5 million tonnes from 41.61 million tonnes in November. Strong shipments from the world's largest iron ore export…
Argentine Grain Inspector Strike Ends, Exports to Flow
The union representing Argentine port-side grain inspectors said on Thursday it had ended a month-long wage strike after reaching a contract deal with export companies that will allow international soy, corn and wheat shipments to return to normal.The deal was struck after a marathon negotiation session with Argentina's private ports chamber on Wednesday. The work stoppage by the union, known by its Spanish acronym Urgara, started on Dec. 9 and had hit operations in key ports throughout Argentina…
Crowley Forms 'New Energy' Division to Focus on Offshore Wind, LNG
Crowley Shipping announced Wednesday it has formed a New Energy division to focus on offshore wind and liquefied natural gas (LNG) services in the U.S. and adjacent regions.The Jacksonville, Fla.-based maritime transportation and services firm, a longtime supporter of the oil and gas industry, said many of its U.S.-flag vessel assets, engineering and logistics services could quickly and easily pivot to support the emerging energy sectors.“At Crowley, we have a strong company culture of environmental stewardship and sustainability in not only our own operations…
Libya's Hariga Oil Port Loading Blocked by Sit-in Guards
Petroleum facilities guards at Libya's eastern Hariga oil terminal have delayed the loading of a one million-barrel cargo as they press salary demands, the port's manager said on Wednesday.The guards at Hariga, where Mesla and Sarir grades are loaded, have been staging a sit-in, which continued on Wednesday morning, according to one of the guards and port manager Rajab Sahnoun.They say they will block crude exports until their demands over unpaid salaries are met.Trader Unipec's Olympic Fighter was due to load the one million barrel cargo, according to a local shipping agent.There was no immed
Evergreen Takes Delivery of Two 12,000 TEU Ships
Evergreen Line took delivery of its sixth and seventh new 12,000 TEU class F-type containerships on December 15. Ever Forever was built at the Geoje Shipyard of South Korea's Samsung Heavy Industries, and Ever Far was delivered by Imabari Shipbuilding in Japan.The two new large containerships set sail in good order after the delivery procedures were completed. The ships’ 58,000-horsepower main engines are powering the technically advanced vessels to their allocated loading ports on Evergreen’s trans-Pacific services. Ever Forever will be put into service on the Asia-U.S.
GAC Opens Hamburg Office
The GAC Group said Monday it has opened a new office just north of Hamburg to provide support for some of the 14,000+ vessels that call at German ports every year.Headed by Thies Holm, GAC Germany will offer ship agency, husbandry, bunker fuels, dry dock and other services, working alongside the group’s ship spares logistics specialist, GAC Marine Logistics GmbH, which has been operating at the port since 2014.Group Vice President, Europe & Africa, Thomas Okbo said, “With the establishment of GAC Germany…
S. Korea's Daewoo Nets $2.6 Bln Iraqi Port Deal
Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction on Wednesday to build the first phase at its planned Faw commodities port in the south of the country.Under the contract, signed in Baghdad by representatives of Iraq’s transportation ministry and the South Korean company, Daewoo E&C will handle construction work including building five berths to unload ships and a yard for containers.Daweoo will also carry out dredging and drilling works to create an access navigation channel, Farhan al-Fartousi, Iraq’s director general at the General Company for Ports, tol
Mammoth Cranes enroute to Port of Oakland
A set of three towering new cranes are coming to the Port of Oakland to handle the ever larger ships calling the seaport, an investment by Stevedoring Services of America (SSA) for its marine terminal at Oakland (Oakland International Container Terminal - OICT). SSA ordered the cranes from Shanghai-based ZPMC, and they are expected to arrive at the end of this month.According to SSA, its new cranes would have a lift height of 174 feet above the dock, able to reach 225 feet across a ship’s deck. When the crane booms are in the raised position, they will rise more than 400 feet above the wharf.
Sen. Schumer Calls for Offshore Wind Turbine Assembly Site to be Built in Brooklyn
U.S. Senator Charles Schumer on Monday joined Public Advocate Jumaane Williams, calling for a creation of a local offshore wind turbine assembly center at Sunset Park, Brooklyn, New York, and calling for the New York State Energy Research and Development Authority (NYSERDA) funding.According to a statement released by the Senator's office, the assembly site would position New York to play a significant role in the offshore wind supply chain, "which could create thousands of jobs…
Khalifa Port’s South Quay Now Operational
The first shipment, carrying bauxite, destined for Emirates Global Aluminium (EGA)’s Al Taweelah alumina refinery, called at Khalifa Port’s South Quay, marking the commencement of operations at the newly launched facility.The bulk carrier, Alfred Oldendorff, the first in several shipments to the South Quay for EGA, was swiftly followed by two large general cargo consignments, making use of the recently completed first phase of South Quay, offering a total of 650 meters of quay wall comprising two berths and 37…
Centerline Logistics Acquires Saltchuk Marine Services’ California Ship Refueling Ops
Centerline Logistics acquired Saltchuk Marine Services’ California ship refueling business, currently operated by subsidiary Foss Maritime Company. According to a press release from Centerline, this "major acquisition" brings together the combined capabilities of two of the nation’s leaders in petroleum transportation, strengthening Centerline’s position as a provider of around the clock bunkering (ship refueling) services.Through this expansion, Centerline will "substantially…
Strike Stymies more than 140 Grains Ships in Argentina
Loading of more than 140 agricultural export ships in Argentina has been stalled by a port-side oilseed workers' strike that started on Dec. 9, the head of the local chamber of soymeal manufacturers said on Monday, on the eve of talks on a new contract.The CIARA-CEC chamber of soy byproduct manufacturers will meet on Tuesday with the two main unions representing oilseed workers to try and hammer out a 2021 compensation package."We seek an agreement with the unions that allows the efficient…
Argentina Agro-export Firms Improve Offer to End Grains Port Strike
Argentina's influential chamber of soyoil manufacturers and exporters on Sunday spiced up an offer to striking workers, seeking to end a more than two-week standoff that has bogged down exports from one of the world's main breadbaskets.The CIARA-CEC chamber said it would top up salaries by 35% in 2020, a central demand of the striking workers, many of whom stayed on the job through the height of the coronavirus pandemic. The group also offered a 70,000 peso (about $840) bonus…
Port of Oakland Extends Project Labor Agreement
The Oakland Board of Port Commissioners have extended the Port's landmark project labor agreement (PLA) that increases East Bay hiring on Port-related capital projects. Negotiated in 2016, the PLA serves as a model for increasing the number of disadvantaged workers in the construction trades especially the highly competitive list trades. The five-year contract will continue to increase local hiring on Port construction projects, increase the number of disadvantaged workers entering the trades and boost earnings for local workers. The Port’s PLA contributes greatly to the East Bay economy.
No UK Port Problems So Far for Jaguar Land Rover
Luxury carmaker Jaguar Land Rover has not seen any impact so far from issues at UK ports, its parent Tata Motors said on Thursday, even as many countries cut transport ties with Britain due to a fast-spreading new variant of the coronavirus.Tokyo-listed Honda Motor Co Ltd had to stop output at its British factory earlier this month because of transport-related delays that caused a shortage of parts.
Argentina Port Workers to Spend Christmas on Strike
Argentine oilseed workers and grains inspectors said on Wednesday they will spend Christmas on strike, further bogging down agricultural exports by extending a work stoppage that started on Dec. 9.The latest offer from the CIARA-CEC chamber of soyoil manufacturers and exporters was issued late on Tuesday. It was rejected by the SOEA union of oilseed workers and the Argentine federation of oilseed workers."We and our families will spend Christmas on strike," said the two unions…
Jiasheng Gas to Build $380M LNG Terminal in Jiangsu, China
China's Jiasheng Gas Co Ltd, an independent gas distributor, has agreed an engineering and construction deal to build a 2.5 billion yuan ($380 million) liquefied natural gas (LNG) storage and receiving facility in east China, the Shanghai Oil and Gas Exchange and a company executive said.The little-known firm is among a group of companies outside the dominant state oil and gas giants that are expected to lead new investment in LNG import terminals over the next decade as China opens up the sector to more private participation.The first phase of the project, to be built at Jiangyin port in Jian
Iraq to Sign $2.625 Bln Port Contract with S.Korea's Daewoo
Iraq's government has agreed to sign a $2.625 billion contract with South Korea's Daewoo Engineering & Construction to build the first phase of a giant cargo port in the south of the country, a port manager said on Wednesday.The long-planned and repeatedly delayed Grand Faw port is one of several projects that Iraq hopes will create a shorter transportation corridor between the Middle East and Europe, bypassing the Suez Canal.Under the contract, expected to be signed on Sunday, Daewoo E&C will handle construction works that include building five berths to unload ships and a yard for containers
Global Cargo Logjam Deepens
Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe.A surge in demand for furniture, exercise equipment and other goods for shoppers sheltering at home in a worsening COVID-19 pandemic has upended normal trade flows.That has stranded empty cargo containers in the wrong places, spawning bottlenecks that now stretch from factories to seaports.
DP World to Build $1.1B Deep-water Port in Senegal
Global port operator DP World has signed agreements with the government of Senegal to develop a deep-water port at Ndayane worth a total of $1.127 billion, its biggest investment in Africa to date, the company said on Wednesday.DP World Dakar, a joint venture between the Dubai-based logistics provider and the Port Authority of Dakar (PAD), will finance, design and develop land and maritime infrastructure for the new 600-hectare (1483 acres) port about 50 km from the existing port.The agreement to build the port was reached after talks between President Mack Sall and DP World Chairman Sultan bi
European Commission to Co-Finance Port of Algeciras LNG-Bunkering Vessel
The European Commission will co-finance the construction of the first vessel to be fully dedicated to liquefied natural gas (LNG) bunkering at the Port of Algeciras, Spain.The grant agreement was signed with Enagás and the Port Authority of Algeciras Bay on Tuesday.Enagás said the project is "boosted" by the Enagás start-up that specializes in small-scale LNG supply infrastructure, Scale Gas, and the Port Authority of Algeciras Bay (APBA).The initiative, coordinated by Enagás…
Port of Oakland Set to Receive New Cranes
Towering new container gantry cranes currently en route to the Port of Oakland will be the tallest ever at the California seaport, and rank among the largest in the U.S.Stevedoring Services of America (SSA) is investing in the three giant cranes for its marine terminal at Oakland (Oakland International Container Terminal - OICT).“These cranes will keep the Port of Oakland competitive so that we can continue to attract the largest vessels calling North America,” said Port of Oakland Executive Director Danny Wan.
Argentina: More than 100 Grains Cargo Ships Delayed by Port Workers Strike
More than 100 cargo ships were kept from loading agricultural goods in Argentina on Monday, as a wage strike by grains inspectors and oilseed workers stretched into its second week, paralyzing exports from one of the world's breadbaskets.Argentina is the No. 1 international exporter of soymeal livestock feed used to fatten hogs and poultry from Europe to Southeast Asia. Contract talks between workers and export companies have broken down over compensation packages, with both sides…
What Vaccine Distribution Planners Can Learn from Amazon and Walmart
The initial rollout of Pfizer’s COVID-19 vaccine has begun, and vaccines are shipping across the U.S. Demand for COVID-19 vaccines will outpace supply for the foreseeable future. Yet experts have warned that a substantial proportion of these highly perishable vaccines could go to waste if they are not being used before they expire.With such short supplies and high demand, worrying about waste may sound paradoxical, but is actually a predictable result of two well-known medical…
Maersk Plans Distribution Center in Duisburg
Shipping and logistics giant A.P. Moller - Maersk and duisport are working together to build and operate a new sales and logistics center in Duisburg, Germany. The new hall is expected to be designed and completed in a short period of time. In total, Maersk will take over an area of over 100,000 square meters on Logport VI. The contract negotiation is currently in the final phase. The project will entail the creation of over 350 new jobs.A trimodal logistics facility of the Logport family…
As the Seafarer Crisis Continues, MSC Calls for Bulk Carrier Anastasia Resolution
The bulk carrier Anastasia, stuck off the coast of China with crew change request unheeded since mid-2020, has become a rallying point for MSC in urging governments to work together to find a solution.MSC Mediterranean Shipping Company is calling for an urgent crew change solution for the bulk carrier Anastasia, which is stuck off the coast of northern China, and is among dozens of ships in a waiting line near the port of Caofeidian.According to the company, MSC has repeatedly requested that the seafarers onboard should be relieved to return home to their families.
Indonesia Inaugurates $3B 'Strategic' Port
Indonesian President Joko Widodo inaugurated the Patimban sea port in West Java on Sunday, saying the new gateway would have a "strategic" role in boosting the nation's pandemic-hit economy.The 43.2 trillion rupiah ($3.07 billion) port in the town of Subang, 140 km (90 miles) east of the capital Jakarta, is one of the government’s priority infrastructure projects, designed to boost Southeast Asia's largest economy and relieve pressure on Jakarta’s congested Tanjung Priok port.Speaking via link from the state palace…
Taiwan Tells Shipping Firms Not to Lift Prices amid Container Shortage
Taiwan's government has urged shipping companies not to unfairly push up their prices amid a global squeeze on shipping containers and a shortage of space on cargo ships, the transport ministry said on Friday.Trade-dependent Taiwan, a tech powerhouse, has benefited from demand for telecommuting products like tablet computers amid the COVID-19 pandemic, which has forced millions to work and study from home.The finance ministry said last week it saw 2020 exports hitting a record high.The transport ministry's Maritime and Port Bureau said the shipping container shortage was most severe on U.S.
KVH Partners with ioCurrents for KVH Watch Maritime IoT Solution
Data analytics firm ioCurrents will offer KVH Watch connectivity as part of its vessel maintenance and optimization servicesKVH Industries, Inc., announced today that ioCurrents, a provider of real-time, remote vessel analytics, has joined the KVH Watch Solution Partner program and will offer KVH Watch connectivity as part of its maritime services. The company is the creator of the MarineInsight platform, which uses machine-learning algorithms to support maritime maintenance and fuel optimization and has thus far relied on vessels’ existing communications systems for data transfer.
Maersk Partners with Novo Nordisk on Cold Chain Logistics
Shipping giant A.P. Moller - Maersk announced Thursday it has signed a three-year cold chain logistics agreement with pharmaceutical company Novo Nordisk that covers transportation including ocean services and inland logistics.The global agreement will enter effect from April 2021."Transporting pharmaceuticals on a global level is a demanding task with various complexities that require flexible and resilient supply chains as well as digital and eco-friendly solutions. This achievement showcases the rapid transformation of A.P.
Britain's Retail Industry Demands Probe of Disruption at Ports
Britain’s retailers and food manufacturers have called on lawmakers to urgently investigate ongoing disruption at UK ports, warning that delays were hurting their plans to build stocks ahead of Christmas and the December 31 end of the Brexit transition period.The British Retail Consortium (BRC) and the Food and Drink Federation (FDF) said on Thursday they had written to Lilian Greenwood, chair of parliament’s Commons Transport Select Committee, and Angus Brendan MacNeil, chair of the International Trade Committee…
COVID Vaccine is Bonanza for Digital Supply Chain Tracking Industry
More than half of vaccines go to waste globally every year because of temperature control, logistics and shipment-related issues.Logistical hurdles are a significant risk for efforts to rapidly distribute COVID-19 vaccines, but they have resulted in booming business for companies such as private California-based Cloudleaf, Germany’s SAP SE and others that sell technology for monitoring shipments from factory freezer to shot in the arm.Cloudleaf, backed by Intel Capital, the venture arm of chipmaker Intel Corp…
BIMCO Number of the Week: Europe-bound Container spot rates Exceed $6,000
As spot container freight rates entered December, they also entered record-braking territory, climbing from $3,076 per FEU on the last day of November to $4,858 per FEU on first day of December. This was a milestone in its own way.Since then, all stars aligned for a continued climb that has seen spot rates break through the $6,000 per FEU mark on 15 December, now quoted at $6,102 per FEU (on December 16, 2020). (source: Xeneta).Massive BREXIT frontloading imports and so much moreThe…
Busiest US Seaport, Buried in Imports, Plucks out Toys to Load Santa's Sleigh
Workers at the busiest U.S. seaport are plucking containers of toys off ships and out of massive stacks of cargo swamping docks at the Southern California trade gateway to get holiday gifts under trees in time for Christmas.“We’ve never had this much cargo,” Gene Seroka, executive director of the Port of Los Angeles, said on Tuesday, when the port announced that imports spiked 25% during the month of November.With so much cargo flooding in ahead of Christmas, “we’re essentially in a triage situation…
Ship Finance Lenders Fall Short of Sector's Carbon Targets
Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting targets last year in the first analysis of CO2 goals for the sector by financiers, a report showed on Wednesday.Global shipping accounts for nearly 3% of the world’s CO2 emissions and the industry is under pressure to reduce those emissions and other pollution. About 90% of world trade is transported by sea.Last year, a group of leading banks signed up to environmental commitments known as the Poseidon Principles…
PSC Acquires Fryoux Tankerman Service
Petroleum Service Corporation (PSC), a provider of tankerman services, product handling and site logistics for the petrochemical and refining industries, announced Tuesday that it signed an agreement to acquire certain assets from shoreside tankerman company Fryoux Tankerman Service.As part of the transaction, PSC will absorb Fryoux’s tankerman operations along the Gulf Coast. Jimmy Fryoux, President of the third-generation, family-owned company built by his grandfather and father…
Port of Oakland: Imports Rise, Exports Fall in November
Full import containers at the Port of Oakland were up just under 1% in November 2020 compared to November of last year. Loaded export boxes at the Oakland seaport dipped 2.6% in November 2020 compared to the same month in 2019.Full import containers in November 2020 totaled 78,045 TEUs (one TEU is the equivalent of a 20-foot container). This figure was 0.9 percent higher than November 2019 loaded imports which totaled 77,367 TEUs.Although strong import demand continues in the U.S., November import cargo volume was not as high as anticipated at Oakland.
CMA CGM Ramps Up Asia-Europe Capacity Amid 'Unprecedented Demand'
One of the world's top container shipping companies said it is ramping up its capacity between Asia and Europe in response to unprecedented demand.The French-based CMA CGM Group said Monday it has accelerated the redeployment of its capacity, increasing tonnage assigned to lines between Asia and Europe by 6% for the fourth quarter of 2020 compared to the same period of 2019. It will also make further additions in the first quarter of 2021, when capacity will be 10% higher than in the current quarter.The Asia-Europe trade will be serviced by CMA CGM's new class of nine 9 23…