Military to Maritime Digital Career Platform Launched
The American Maritime Partnership today announced the launch of the Military to Maritime digital career platform (www.militarytomaritime.org), which is dedicated to helping veterans find meaningful, family-wage jobs in the maritime industry while supporting America’s national and economic security. Building on the numerous Military to Maritime career fairs across the country, the enhanced digital platform connects veterans with career opportunities in the U.S. shipbuilding and…
Aegean to Acquire H.E.C. Europe
Aegean Marine Petroleum Network Inc. announced today that it has entered into a definitive agreement to acquire all of the outstanding share capital of H.E.C. Europe Limited (H.E.C.), the parent company of Hellenic Environmental Center S.A. and a group of companies that together provide global port reception facilities services, from the shareholders of H.E.C., for aggregate consideration of approximately $367 million, including the assumption of certain indebtedness, which consideration is payable in the form of a combination of debt…
Subsea 7 to Invest in Xodus Group
Leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry Subsea 7 S.A. and Chiyoda Corporation announced that Subsea 7 has agreed to acquire a 60% holding in Xodus Group, a leading energy consultancy, from Chiyoda. Yokohama-based Chiyoda, which provides services in the fields of engineering, procurement and construction on a global basis for gas processing, will retain a 40% holding as a joint venture partner. This investment…
Matson Reports Q4 Earnings Per Share $3.90
Honolulu-based Matson Inc reported fourth-quarter net income of $166.9 million. On a per-share basis it has profit of $3.90. The ocean transportation and logistics services company posted revenue of $516.1 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $503.2 million. The U.S. carrier in the Pacific reported profit of $232 million, or $5.37 per share for the year. Revenue was reported as $2.05 billion. Matt Cox, Matson's Chairman and Chief Executive Officer…
iContainers to Represent Spain at 4YFN
iContainers, a 100% online freight forwarder, has been chosen as one of the 32 most innovative and disruptive companies to represent Spain at the Spanish pavilion at this year’s 4YFN (4 Years From Now), a business platform for startups that’s being held in conjunction with the Mobile World Capital in Barcelona from February 26 to 28 this year. The Spanish pavilion is organized by Spain’s Ministry of Industry, Energy and Tourism’s Red.es entity and ICEX Spain Trade and Investment.
SSG, MPA and Maritime Union to Inject $12.6 mln in Training
The Singapore maritime industry looks well-positioned for the future, with strong support from SkillsFuture Singapore (SSG), the Maritime and Port Authority of Singapore (MPA), and Singapore Maritime Officers’ Union (SMOU) in the form of continued funding for the Tripartite Nautical and Engineering Training Award (TNTA & TETA) Programs worth S$12.6 million. The TNTA and TETA programs will receive funding support from SSG, MPA and SMOU. The two cadet training programs are recognized…
Britannia Appoints Exclusive Correspondent in Taiwan
In a move to maintain the highest possible service levels to its Members in Asia, Britannia P&I has recently made two important changes. In April last year, Britannia’s Managers, Tindall Riley, acquired the club’s Exclusive Correspondent in Japan, Cornes P&I. Renamed Tindall Riley (Britannia) Japan, the acquisition demonstrated the importance of Japanese shipowners to Britannia. “The renaming of the Tokyo office was the immediate change, with the office continuing to provide Britannia’s Japanese Members with outstanding levels of service” said Andrew Cutler, CEO Britannia.
Transnet Concludes Agreement for New Helicopters
Transnet National Ports Authority (TNPA) has concluded negotiations and signed an agreement for the manufacture, supply and delivery of two new helicopters to service the Ports of Durban and Richards Bay. The AgustaWestland (AW 109) helicopters, valued at around R250 million, are being procured from Leonardo S.p.A., formerly Leonardo-Finmeccanica, Finmeccanica and AgustaWestland. They are expected to be delivered by June 2019. This Italian global high-tech company is headquartered in Rome and is one of the key players in aerospace, defence and security.
Maersk to Compete with UPS, Fedex
A.P. Moller-Maersk plans to expand its transport and logistics business to compete directly with package delivery companies UPS and Fedex as part of a major restructuring, its chief executive said Tuesday. Maersk, the world's largest container shipping company, has sold off the majority of its energy assets to focus entirely on transport and logistics. "We're building this company that is a global integrated container business, a company very similar to UPS and Fedex," CEO Soren Skou told investors at a capital markets day in Copenhagen on Tuesday.
Morch Elected to J. Lauritzen BoD
Danish shipping company J. Lauritzen adds CEO of Norwegian Odfjell, Kristian V. Mørch, and CFO of the cleaning company ISS, Barbara Plucnar Jensen, into its board of directors. "J. Lauritzen A/S in March 2018, Kristian V. Morch, CEO at Odfjell SE, Norway and Barbara Plucnar Jensen, CFO at ISS UK and Ireland will be elected as new members of the Board of Directors of J. Lauritzen," said a press release from the company. In connection with the upcoming annual general meeting, Marianne Wiinholt, CFO & EVP at Ørsted will resign from the Board of Directors of J. Lauritzen. Kristian V.
Two Damen ASD Tugs 2810 for Iskes Towing & Salvage
Iskes Towage & Salvage, the leading maritime service provider based in the port of IJmuiden, Amsterdam, has taken delivery of two Damen ASD Tugs 2810. The vessels were built at Damen Song Cam Shipyards, Vietnam, and delivered last year to Damen Shipyards Gorinchem, the Netherlands, as part of the group’s strategy to position stock vessels for rapid availability in Europe. This on-demand availability was a significant factor in Damen winning the contract, with both tugs being delivered within two weeks of the contract being signed.
Indian PM Narendra Modi Lays Foundation Stone For JNPT Fourth Countainer Terminal
India's biggest container traffic handler Jawaharlal Nehru Port (JNPT) has achieved yet another milestone in its ambitious journey to become a world class maritime hub when the Prime Minister Narendra Modi laid the foundation stone for the fourth container terminal, proposed to be developed at an estimated cost of Rs. 7915 Crores (USD 1.23 bln) on DBFOT basis. Modi arrived at the JNPT Helipad- accompanied by the Maharashtra Governor Ch. Vidyasagar Rao, Union Minister of Shipping, Road Transport & Highways Nitin Gadkari, the state Chief Minister Devendra Fadanvis and other dignitaries.
Ocean Yield Acquires Two Handysize Dry Bulkers
Norwegian shipowner Ocean Yield announced that 100% owned subsidiaries of the Company has agreed to acquire two 2018 built handysize dry bulk vessels with 12-year bareboat charters to companies owned and guaranteed by Louis Dreyfus Armateurs Group (LDA). The net cash purchase price is USD 18 million per vessel after a seller's credit. Both vessels are expected to be delivered to the Company during March 2018. LDA has options to acquire the vessels during the charter period, with…
Transocean Amends Drilling Contract
Transocean announced that an agreement has been reached with the incumbent customer to amend the drilling contract on the harsh environment semisubmersible Transocean Leader. The rig experienced equipment breakdown that could not be repaired timely, providing the customer with the right to cancel the contract. However, given the otherwise efficient performance of the rig, the customer elected to complete its program with the Leader and Transocean agreed to amend the drilling contract, signed today and effective January 13, 2018, whereby the dayrate and contract duration were modified.
Philly Shipyard Order Backlog Touches USD 187.7 mln
As of 31 December 2017, Philly Shipyard had an order backlog of USD 187.7 million. The contract with Matson (Hulls 029-030) provides for shipbuilding activity with delivery dates through Q1 2019. On 20 November 2017, Philly Shipyard delivered Hull 028, the final product tanker in the four-ship order for Philly Tankers, a Jones Act shipping company that is majority-owned (but not controlled) by Philly Shipyard. This vessel was delivered to Kinder Morgan, as assignee of Philly Tankers, ten days before its contract delivery date.
Goldman Sachs, Macquarie Front Runners in HES Terminal Sale
A consortium of infrastructure funds at Goldman Sachs and Macquarie is seen as the front runner in the sale of European bulk port terminal operator HES International, worth around 2 billion euros ($2.5 billion), industry sources said. Morgan Stanley is mandated to sell the asset, two sources, whose organisations had considered bidding for it, said. They added that the expectation Goldman Sachs and Macquarie would win put off some prospective bidders. The sources, both in the infrastructure investing industry, said the growth projections provided by the company were too aggressive.
Rotterdam Port CEO "preparing for the worst" with Brexit
The Port of Rotterdam is bracing for a British exit from the European Union without any deal on customs, and looking at measures such as hiring 100 extra customs agents and dozens of fresh produce inspectors. CEO Allard Castelein said he had had two meetings in the past week with "policy makers, the cabinet, the government and supporting officials about the consequences" of a so-called "hard" Brexit, which would move Britain away from EU rules. "If you have 407 days left, then you don't have time to embrace hypotheses that it will turn out pretty good in the end," he told reporters.
Wallenius Wilhelmsen Logistics Doubles Footprint in Port of Zeebrugge
Wallenius Wilhelmsen Logistics has signed a concession agreement with the Port of Zeebrugge to develop 49 hectares of land known as the Bastenaken West property located in the inner port. With this concession, in place until 2043, the company will nearly double its terminal footprint. WWL will invest about USD 20 million during the next two to three years. “The agreement marks the next step in WWL’s long-term commitment to the Port of Zeebrugge, the largest RoRo port in the world…
Data Integration is Powering the Future of Shipping
Seamless real-time flow of 100 percent accurate data provides organizations the ability to analyze and optimize all their supply chain processes. Data is at the heart of today’s business processes and operations. Exploiting the insights derived from the data holds unparalleled opportunities for the global ocean shipping industry to overcome its significant inefficiencies. One firm, Youredi helps industry stakeholders to digitalize and automate processes with modern cloud-based integrations.
Crowley Rolls Out First Freight Under $2.3 Billion DFTS Contract
Crowley Logistics reports that it has successfully executed the first cargo move under its new $2.3 billion Defense Freight Transportation Services (DFTS) contract, one of the U.S. Department of Defense’s (DoD) largest transportation services contracts. The military cargo was transported by truck Monday from the U.S. Tobyhanna Army Depot in Pennsylvania, which provides logistics support for the communications sector to defense personnel with services such as fabrication and manufacturing, overhaul and repair, engineering design and development, systems integration, and global field support.
Hoppe Singapore is Operational
As per January 1, 2018, Hoppe Singapore Pte. Ltd., a wholly owned subsidiary of the Hoppe Group headquartered in Hamburg, Germany, has opened. “The decision to set up Hoppe Singapore, enhancing the already existing Hoppe network in China and South Korea, proves Hoppe’s commitment in ensuring a reliable and timely response on service and spares support to customers in the region,” said Marc Rohde, Managing Director of Hoppe Marine GmbH, Germany. Hoppe Singapore is headed by Dr. Wilfred Rachan as Managing Director with his team of Service Engineers and Administration Staff.
Port of Oakland Exports Jump 2.1 Percent
The Port of Oakland reported that containerized export volume in January increased 2.1 percent from the same month a year ago. It was the second consecutive month of export growth at the port. The increase follows a 1.8 percent decline in Oakland exports during 2017. The port said a weakening dollar contributed to the January increase, as American products are more affordable overseas when the dollar’s value declines. The port said exports of refrigerated commodities climbed in January. Pork exports jumped 20 percent last month when compared to January 2017. Beef shipments were up 18 percent.
India's Oil Imports Reach Record High in January
India imported a record 4.93 million barrels of oil per day (bpd) in January to feed its expanded refining capacity and meet rising demand, ship tracking data obtained from sources and data compiled by Thomson Reuters Oil Research & Forecasts showed. The world's third-biggest oil importer shipped in 13.6 percent more oil in January than a year earlier and about 12.5 percent more than the previous month, the data showed. Imports in January were high as state-run refiners, which operate two-third of India's nearly 5 million bpd capacity…
LR Appoints Butcher as Managing Director
Lloyd’s Register (LR) has announced the appointment of Paul Butcher as Managing Director, LR Management Systems & Inspection Services. Based in Birmingham, U.K., Butcher brings with him over 30 years of leadership experience in global professional services businesses. After graduating from Southampton University, Butcher held a number of leadership roles in the assurance, IT services and telecommunications sectors, including positions with SAI Global, Marconi, Ericsson and Damovo.
TEN Gets Charter Extension for Seven Panamaxes
Greece-based Tsakos Energy Navigation (TEN) has announced the charter extension for seven panamax tankers, for an average of 24 months, to a state oil concern. The charters which all incorporate profit sharing provisions are expected to generate minimum gross revenues of over $70 million. “These charters, in terms of duration, security, flexibility and quality, enhance the industrial nature of our business, further solidify our fleet’s cash generating ability, strengthen our balance sheet and provide visibility of earnings and dividends,” George Saroglou, COO of TEN commented.
Principle Logistics Group Names Xeros as President
Principle Logistics Group, a Fort Worth-based, strategic planning and transportation logistics and management company, has announced the hiring of Dean Xeros as their new president. In his role, Xeros will be responsible for leading an aggressive re-launch of the former Principle Transport Group, which will include the offering of a wider range and more technologically sophisticated range of logistics tools and efficiencies. Bringing more than 30 years of proven logistics, sales…
Body Armor for Mariners
Maritime security poses a serious issue for governments, international bodies and organizations, legal advisors, risk management firms, shipping and security companies. The global scale of the operations of the maritime industry puts a lot of essential goods and services at risk as they are being transported through some of the busiest routes in the world. These routes are vital for trade and humanitarian purposes and have measurable benefits for all but there are many threats to the maritime personnel in using them.
Valentine's Day in Full Bloom at CrowleyFresh
Crowley Maritime Corp.’s cold storage warehouse and logistics services company in Miami prepared more than 35,000 floral arrangements for this year's Valentine's Day. For the past six weeks, CrowleyFresh employees have been hard at work receiving, assembling and preparing more than 20,000 flower orders, 2,500 of which also contained specialty chocolates. Additionally, the warehouse handled more than 11,000 buckets of fresh cut flowers equating to more than 100,000 bouquets for distribution throughout the U.S. for buyers who prefer to handpick individual flowers from local retail stores.
Intellian, Inmarsat Embark On FleetBroadband Development
Inmarsat and Intellian have signed an outline agreement that will support enhancements to Inmarsat’s FleetBroadband service for the next decade and beyond. The new agreement will see Intellian design and manufacture a new generation of FleetBroadband terminals that will support the existing I-4 network alongside the major advances coming with Inmarsat’s sixth generation satellite constellation, the first of which is scheduled for launch in 2020. The next generation terminals will be significantly lower cost and feature a host of new capabilities, including much faster throughput speeds.
THE Alliance Announces Further 2018 Network Enhancements
Following the announcement of the 2018 service network in December the members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming have worked to refine the product offerings. Several services will see additional enhancements to improve transit times, boost reliability, and deliver more choice to the marketplace. “The fine tuning of the 2018 product package will further strengthen our already robust portfolio and allow THE Alliance members to provide enhanced value tailored to exceed the need of the marketplace” the members said in a statement.
MOL Allies with NCC
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a capital and business alliance agreement with chemical tank specialist logistics provider Nippon Concept Corporation (NCC). "MOL and NCC concluded the agreement with the objective of developing a comprehensive two-way strategic partnership including both partners' group companies, and steadily enhancing their businesses," said a statement from the company. The agreement gives NCC the opportunity to globally increase…
Dry Bulk, Container Markets Strengthened in 2017: Torvald Klaveness
The tanker market remained subdued, while the dry bulk and container markets strengthened during 2017, said Norwegian shipping company Torvald Klaveness. Torvald Klaveness managed to improve its financial results in 2017, but they “were still not at a satisfactory level”, Torvald Klaveness said. Earnings before tax (EBT) for 2017 ended at a loss of USD -2 million. Torvald Klaveness maintained a high solidity and good liquidity in 2017. Stronger markets resulted in improved results for the container segment and the dry bulk segment compared to 2016.
RollDock, SAL Heavy Lift Form Dock Vessels Pool
RollDock and SAL Heavy Lift announced plans to join forces for roll-on/roll-off and float-in/float-out heavy lift cargoes, saying they will launch a “world’s first” pool for dock vessels from April 1, 2018. The pool will consist of the combined fleet of six vessels and will be managed by RollDock with SAL providing specialized heavy break bulk cargo support. Five of the vessels comes from the existing RollDock fleet (S and ST class vessels) and one from SAL (Combi Dock I). Both companies will also continue independently and operate vessels outside the pool.
Several Car Shippers Face Fines for Rigging Bids
EU antitrust regulators are set to fine Nippon Yusen KK (NYK) and several other Japanese shippers as well as Norwegian Wallenius Wilhelmsen Logistics ASA (WWL) in the coming weeks for rigging bids for shipping cars, according to people with knowledge of the matter. The EU sanctions follow a near six-year investigation which started with dawn raids by the European Commission in September 2012 in coordination with Japanese and U.S. antitrust authorities. Competition regulators around…
Interventek Appoints Stuart as Business Development Director
Interventek Subsea Engineering has announced the appointment of Bruce Stuart to the role of Sales and Business Development Director. Stuart brings with him over 30 years of commercial leadership experience and in-depth operational knowledge of the oil and gas industry. Stuart joins Interventek from Proserv where he was VP Business Development Subsea, having previously held a seven year tenure at FMC Technologies, responsible for U.K. and Canada sales and marketing for their subsea products and systems.
Schulte's PRONAV Acquisition Greenlighted
The Hamburg-based Schulte Group said it has received clearance by the German Federal Cartel Office for the acquisition of the LNG specialist PRONAV. With this strategic move, the family-owned ship owner and manager continues to increase its capabilities and capacity in the growing liquefied natural gas (LNG) market. Through the acquisition of PRONAV, the Schulte Group has increased the number of vessels under full management in its third-party management fleet by six additional LNG carriers (LNGC).
Encik Rezza Resigns as ED of Bumi Armada Berhad
Malaysia-based international offshore energy facilities and services provider Bumi Armada Berhad has announced the resignation of Encik Shaharul Rezza bin Hassan, Executive Director and Head of Offshore Marine Services (OMS) of Bumi Armada Berhad. Encik Rezza will officially relinquish his roles at the Group on the 28 of February 2018. He has requested an early release from the Group to pursue other interests outside the Group. Rezza joined Bumi Armada in September 2005 and prior to his current role as Head of the OMS business, he was the CFO.
Hyundai Merchant Marine Forms Consortium with MSC, Hapag-Lloyd and ONE
Hyundai Merchant Marine (HMM) announced that it has established a consortium with global liners, MSC, Hapag-Lloyd, and ONE to launch joint services between Asia and west coast of South America. Previously, HMM operated three Asia-west coast of South America services with MSC, CMA-CGM, Hamburg Süd, Hapag-Lloyd, APL, and CSCL. The newly reorganized ‘Asia-west coast of South America’ joint services will connect Korea, China, Japan, Taiwan with the west coast of Mexico, Peru, Chile, Columbia through three loops starting at the beginning of April.
Meidel Joins Crowley Fuels in Alaska
Rick Meidel has joined Crowley Fuels as vice president and general manager, responsible for the performance and day-to-day operations of Crowley’s Alaska division. Meidel previously spent 32 years with ExxonMobil in downstream lubricants, retail fuels marketing, refinery optimization and natural gas and co-generation power commercialization. He earned a bachelor’s degree in electrical engineering from Washington University in St. Louis. In his new role, Meidel will be based in Anchorage and report to Rocky Smith, senior vice president and general manager.
Pharma-Safe Expands into West Texas
Health and safety services provider Pharma-Safe Industrial Services said it has expanded into the West Texas market through the addition of a new office in Midland. In conjunction with Pharma-Safe’s new office, the company announced that Tony McWilliams will join as the West Texas Area Manager. With more than 20 years of experience, McWilliams will lead business development strategies for health, safety and environmental services and deliver exceptional results to clients. “Tony’s experience will help drive our company’s sales strategy and continued growth across the Gulf Coast…
Carisbrooke, Marlink Extend Partnership
Marlink Group company Telemar has been chosen to provide bridge system repair and maintenance services to Carisbrooke Shipping. The new contract further combines Marlink Group capabilities to enhance Carisbrooke Shipping’s operational efficiency and continuity, which is already widely supported by Marlink’s position as the U.K. headquartered ship management company’s preferred supplier of maritime satcom services. The new service and maintenance contract will be fulfilled by the U.K.
Pacific International Lines Start Service in Far East - Red Sea Routes
Pacific International Lines (PIL), Singapore’s leading containership operator, announces two upgraded weekly services on the Far East – Red Sea service route. Done in collaboration with Ocean Alliance, the routes named RSS and RES will commence operations in March 2018, superseding the current three services RSS, RS3 and RS5. The route will be operated with a series of 17 x 11,000 to 14,000TEU vessels including its latest newbuilds, the 11,923TEU P Class in the service. The highly efficient and versatile P Class were purpose-built for Red Sea…
CMA CGM Introduces REEFLEX for Transportation of Liquids
CMA CGM has launched the most advanced solution for the transportation of liquids by controlled temperature: REEFLEX - an ideal alternative to break bulk for the transportation of liquids which optimally preserves the product’s properties. Developed in partnership with Teconja, a German expert in juices, and Liqua, an expert in packaging solutions for the transportation of liquids, REEFLEX greatly enhances the transportation of liquids thanks to its design and unique technology, which guarantees a healthy and safe way of transportation.
Hyundai Merchant Marine, AAL Shipping Join for MPV Service
South Korea's Hyundai Merchant Marine (HMM) announced it is beginning its cooperation with Singapore based carrier, AAL Shipping, for Multi-Purpose Vessel (MPV) service. Specialist multipurpose carriers and long-standing collaborators, AAL and Hyundai Merchant Marine (HMM), are entering a global cooperation that will see both carriers expand their trade route coverage, sailings frequency, and MPV fleet capacity. The cooperation will create a joint Far East – Middle East MPV Liner Service, served by five MPV vessels and a scheduled bi-monthly rotation.
CMA CGM Adjusts EURAF 5 Service
The CMA CGM Group announced it is reinforcing its service from Europe to West Africa through a new call at Kribi (Cameroon) and shortened transit times from North Europe on its EURAF 5 service. The new service started in January 2018. As a result, its EURAF 5 (Europe-West Africa) will benefit from a new port coverage on the following route: Antwerp, Le Havre, Lisbon, Algeciras, Pointe Noire, Luanda, Kribi, Douala, Abidjan, Algeciras, Antwerp. Transit times will also be shortened up to 10 days from Northern Europe to Douala with a weekly direct service.
Hapag-Lloyd Opens Ghana Office
German-based Hapag-Lloyd opened a new office in the Ghana port city Tema, on February 1, 2018. Effective immediately, the company will be represented at the local level by its own customer service staff. “Africa is strongly developing just now. To benefit from this growth, it’s important for us to strengthen our presence in Ghana with our own office – and to get even closer to our local customers,” said Lars Christiansen, Senior Managing Director of Hapag-Lloyd’s Region Middle East.
Campbell Shipping Migrates to Inmarsat Fleet Xpress
Inmarsat said it has reached an agreement with Campbell Shipping, a ship management company headquartered in Nassau, The Bahamas, to migrate its fleet of dry bulk carriers to Fleet Xpress. The commitment will involve a migration and upgrade from Inmarsat’s XpressLink services to Fleet Xpress, in a move to ensure ships managed by Campbell ships will continue to have the best satellite connectivity service available on the market, according to Capt. Anindya Dasgupta, VP Human Capital, Campbell Shipping.
Cargo Security Goes High Tech
Cargo security goes high tech in its quest to account for cargo damage. Two different firms bring the same goals to the supply chain. The need for vessel and cargo tracking has always been necessary. But, the methods and equipment to accomplish those tasks haven’t always been available. Before the mid-1990’s, for example, without AIS transmitters, a vessel that missed its ‘LayCan’ at a particular port by just a few hours could credibly misrepresent its position at sea, absent any corroborating evidence by its prospective charterers. And, there usually wasn’t any.
New 3D Virtual Application for K-Sim Cargo Simulator
Kongsberg Digital has launched a new 3D virtual application for its state-of-the-art K-Sim Cargo simulator. The system generates high-fidelity visualization for operational training on important areas of the cargo deck, enabling training centers equipped with K-Sim Cargo to deliver even more value to their customers while meeting the industry need to secure the safety and efficiency of cargo transfer operations. The new 3D virtual solution is a direct response to customer requests…
Zeaborn Takes Over E.R. Schiffahrt
Hamburg entrepreneur Erck Rickmers has sold his ship management and ship brokerage activities. Effective January 1, 2018, Bremen-based Zeaborn Group acquired all shares in E.R. Schiffahrt GmbH & Cie. KG and shipbroker Harper Petersen & Co. With the takeover, Zeaborn’s shipping fleet under commercial and technical management has been expanded by 61 container vessels and 20 bulk carriers to more than 165 vessels. All staff, approximately 200 employees ashore and 2,800 at sea, will transfer to the Zeaborn Group. Nils Aden, currently chief executive officer of E.R.
Döhle, Costamare JV ‘Blue Net Chartering’ Operational
Germany's Peter Döhle and Greece's Costamare are merging operations of their container ships in a new joint venture (JV) named dubbed Blue Net Chartering headquartered in Hamburg. Blue Net Chartering will serve the container fleets operated by both as well as third-party vessels. It will provide brokerage services for 220 box ships with an aggregate capacity of 1.1M TEU. The official launch took place on 1 February. According to Costamare, the Blue Net Chartering aims to provide “best-in-class employment opportunities for containership owners.
NileDutch Implements Transmetrics Predictive Optimisation Software
In order to streamline our empty container flows and increase efficiency, NileDutch has started working with Transmetrics of Bulgaria, a tech startup that provides predictive logistics solutions. Transmetrics already has extensive experience in demand forecasting and predictive optimisation for the cargo transport industry, and as a result of this collaboration with NileDutch, it will also launch its new product, AssetMetrics. “With machine learning and intelligent algorithms we want to revolutionise how empty container handling and relocation is organised.
GC Rieber Bags 3 Year TC for Polar Onyx
Norwegian offshore shipowner GC Rieber Shipping has entered into a time charter agreement with Deepocean BV for the SURF vessel Polar Onyx for a fixed period of three years with options to extend by up to two years. The Polar Onyx will be used in Ghana to support Deepocean's contract with Tullow Oil. Commencement is immediately and mobilization has begun. "We are very pleased to have secured a long-term charter agreement with Deepocean where we maintain a position to benefit from improving market conditions.
Hamburg Port Authority Tests 5G with Deutsche Telekom, Nokia
Hamburg Port Authority has joined forces with Deutsche Telekom and Nokia to test 5G applications at the Port of Hamburg. "Testing of 5G is to commence in an industrial environment in the Port of Hamburg, with the Hamburg Port Authority, Deutsche Telekom and Nokia commissioning an 8000-hectare area with which to carry out key tests of various aspects of 5G functionality, including network slicing," said a press release. 5G will be tested with use cases like traffic lights management, data processing from mobile sensors and virtual reality.
Navig8 Chemical Tankers Still in Red
Despite a shift in demand in the chemical shipping sector, Navig8 Chemical Tankers ended the fourth quarter ended 31st December, 2017 with a widened net loss of USD 3.7mln. Revenue for 4Q17 was $43.3 mill, compared to $33.9 mill for 4Q16. “The chemical tanker market began to show signs of improvement in the fourth quarter led by stronger demand in the chemical sector and tightening in the MR product tanker market,” said CEO Nicolas Busch. “With our fleet fully delivered, we are…
RightShip Appoints New CEO
RightShip, the world’s leading maritime risk management and environmental assessment organisation, has appointed its new CEO. Martin Crawford-Brunt will replace outgoing CEO Warwick Norman who announced his decision to step down from the position in 2017. Crawford-Brunt takes up his new post on 12 March 2018 and brings more than 20 years of maritime sector experience to RightShip. For the past decade he has held senior positions around the world, with a track record of successfully building businesses and delivering increased value to ship owners.
Houlder Recruits Walker for Marine Assurance Business
Marine consultancy and engineering provider, Houlder has announced the recruitment of Neil Walker to develop a Marine Assurance Services business. Walker was previously Europe Regional Manager for Global Maritime Consultancy Ltd. His experience covers key areas such as Marine Installation and Warranty Services, Expert Witness, Naval Architecture and Design Consultancy. His expertise includes platform installation and decommissioning, mooring and riser analyzes and tanker-based systems.
New Shell Plant Highlights Strength of Rotterdam’s Breakbulk Cluster
Shell has an ambitious investment agenda for its refinery in Pernis. The construction of a new Solvent Deasphalter (SDA) will enable the plant to separate heavier fractions from crude oil, so that a larger share of the petroleum can be processed into lighter, high-grade products. However, before this innovative unit can enter into full service later on in the year, its massive components first have to be moved to their new site. A perfect job for Rotterdam’s heavy lift and breakbulk cluster.
Oil Shipments From Georgia's Batumi Port Down 34%
Oil and related shipments from Georgia's Black Sea port of Batumi in January were down 34 percent from a year earlier, an official at the terminal, operated by Kazakh KazMunaiGas , said on Thursday. The official gave no reason for the fall, but state company KazMunaiGas continued to reroute some shipments to the Baku-Tbilisi-Ceyhan pipeline this year. January shipments of crude oil and refined oil products from Batumi totalled 108,464 million tonnes, down from 164,218 tonnes a year earlier and 221,210 tonnes in December, said the official, who asked not to be identified.
Capital Product Partners Adds Two Vessels, Sells One
Greece-based international diversified shipping partnership Capital Product Partners announced the completed acquisition of the M/T ‘Aristaios’, as well as the sale of the M/T ‘Aristotelis’ and the acquisition of the M/T ‘Anikitos’. On January 17, 2018, the Partnership acquired the eco-type crude tanker ‘Aristaios’ (113,689 dwt, Ice Class 1C, built 2017, Daehan Shipbuilding Co. Ltd., South Korea) for a total consideration of $52.5 million from the Partnership’s sponsor, Capital Maritime & Trading.