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SEA TRANS

U.S., India to Increase Maritime Security

The U.S. and India agreed to beef up maritime security to prevent the use of shipping containers for smuggling weapons of mass destruction and other trans-national crimes, the Times of India reported. Reaffirming their commitment to the free flow of commerce and to the safety of navigation at sea, the two countries agreed to conclude a Maritime Cooperation Framework to enhance security on the high seas. This will allow the two sides to prevent piracy and other trans-national crimes at sea, carry out search and rescue operations, combat marine pollution, respond to natural disasters, address emergent threats and enhance cooperative capabilities, including through logistics support. (Source: Times of India)


This Day in Naval History – May 25 & 26

May 26 1944 - USS England sinks fifth Japanese submarine in one week 1952 - Tests from 26-29 May demonstrate feasibility of the angled-deck concept conducted on simulated angled deck on USS Midway 1990 - USS Beaufort rescues 24 Vietnamese refugees in South China Sea May 27 1813 - American joint operations against Fort George, Canada 1919 - Navy NC-4 completes trans-Atlantic flight from Newfoundland to Lisbon, Portugal


Spain Ousts Stricken Tanker From Its Waters

Spain's refusal to allow the stricken tanker Castor into sheltered waters is hampering the trans-shipment of gasoline from its damaged holds, its owner Athenian Sea Carriers said on Tuesday. "All we're asking for is to come four to five kilometers (2/3 miles) off the coast where it is more sheltered for a safer trans-shipment," a company official said. Since the Castor, carrying 29,500 tons of gasoline, developed a 20-m crack in its deck 16 days ago it has approached Spain


Evergreen, CKYH Alliance Rationalization Plan

Evergreen Line has announced a rationalization plan with the CKYH Alliance (Coscon, "K"LINE, Yang Ming, Hanjin Shipping) for the U.S. East Coast / Northwest Europe Service. The new service combines their Evergreen Line's Trans Atlantic string of North Asia-U.S. East Coast-Europe pendulum service (NUE) and the Alliance's existing Trans Atlantic service - loop1 (TAS1) into a new Trans Atlantic Express service (TAE) commencing September 2009.


Arctic Sea Routes of Limited Use to China

Photo: The Arctic Institute

As China’s international trade remains seemingly ever-growing, the country continues to seek diversified options for expanding its global trade. The prospect of Arctic shipping passages have generated much discussion throughout the industry, especially as weather trends seem to implicate a potentially vast opening of passable routes, most specifically for China in the Northern Sea Route. Executive Director of The Arctic Institute, Malte Humpert, conducted a study


NOIA Welcomes BOEM Shell's Plan Conditional Approval

NOIA President  Randall Luthi

  NOIA President Randall Luthi issued the following statement on BOEM's conditional approval of Shell's revised Chukchi Sea exploration plan: The BOEM's (Bureau of Ocean Energy Management) decision to conditionally allow Shell to proceed with the carefully planned and coordinated drilling effort in Alaska is good news.  The potential for energy development in the Chukchi Sea would allow Alaskans to benefit from well-paying jobs and resources to safeguard the environment


GA Reduces Trans Pacific Capacity

Following a meeting in Singapore, the CEOs of the Grand Alliance (GA) member lines engaged in the Trans Pacific trade, Hapag-Lloyd (HL), Nippon Yusen Kaisha (NYK), and Orient Overseas Container Line (OOCL), have announced that the GA will lay up vessels during the traditional slack season, effective 20 November 2006 (week 47). MISC Berhad, the fourth member of the Grand Alliance, is not engaged in this trade. The lay up will amount to approximately 3


Sappino Leaves APL After 29 Yrs

APL said today that 29-year veteran Bob Sappio, head of the shipping line’s PanAmerican Trades, will leave the company August 1 to remain in the San Francisco Bay Area.    Sappio has been the head of APL’s Trans-Pacific Trade since 2003.  He played a key role in establishing APL as the leader in the Trans-Pacific and in building its brand reputation for high-quality service in the industry, said Ron Widdows, CEO of parent company NOL Group.   


Tschudi Shipping Considers Alaska Port Possibilities

Lieutenant Governor Mead Treadwell

Tschudi Shipping Co., one of Norway's oldest shipping firms, will begin exploring the possibility of establishing a transshipment port in western Alaska, Lt. Governor Mead Treadwell said today. Treadwell, who leads the state's work with the eight-nation Arctic Council, applauded Tschudi's decision, saying it is a tremendous step toward developing Alaska's economic opportunities related to Arctic shipping. Tschudi Shipping Co


China Shipbuilders may Merge to Stay Afloat

Picture by China COSCO Container Shipping

 The China's four state-run shipping-related companies  are reportedly in the initial phases of combining units in order to beef up the national shipbuilding industry, says local media.   The chances of mergers between China Ocean Shipping, China Shipping Container Lines, Sino Trans & CSC Holdings and China Merchants Group  has improved as they now suffer in a lackluster business climate, the Chinese-language Securities Daily reports.  


Port of Long Beach Awarded FEMA Security Grants

Security at Port of Long Beach

The Port of Long Beach’s Security Division has been awarded $3.4 million in Federal Emergency Management Agency (FEMA) grants to fund ongoing projects that protect the port. The grants will enhance port security systems such as physical security equipment and monitoring and detection


Oil Soars in Biggest One-day Rally in Years

File photo

Oil rocketed as much as 10 percent higher on Thursday, posting its biggest one-day rally since 2009 as recovering equity markets and news of diminished crude supplies set off a short-covering surge by bearish traders.   Snapping back from a deep two-month slump that reached 6-1/2 year lows


Swire Upgrades Asia-Pac Coverage

Image: The China Navigation Co. Pte Ltd

Singapore-based liner trade division of The China Navigation Company (CNC) Swire Shipping has upgraded its multipurpose liner service coverage in the Asia Pacific region.   The company’s dedicated Trans-Tasman service operating between New Zealand and Australia will be enhanced to


Rapid Oil Spill Response Vessel Launched

George Penman (Photo: WCMRC)

Western Canada Marine Response Corporation (WCMRC) launched their newest oil spill response vessel in Burrard Inlet. The boat, named after former employee George Penman, was christened at a private ceremony in Coal Harbour. The $4.5 million G.M


Long Beach Port to Set-up Peak Relief Chassis Fleet

The Port of Long Beach will seek bids on the creation of a new fleet of truck chassis for peak periods of the year

  The Port of Long Beach will seek bids on the creation of a new fleet of truck chassis for peak periods of the year, complementing the existing equipment used to haul cargo containers to and from terminals. “It’s not enough for us to be a passive landlord; the industry needs


CMA CGM Launches New TransAtlantic Service

Photo coutesy of CMA CGM

The CMA CGM Group announced that it will launch a new container shipping offering between North America and North Europe at the end of May 2015. The group will expand its existing transatlantic services with the launch of the NEW VESPUCCI service and the addition of a new port of call in


India Okays Deal on Indo-Bangla Coastal Shipping

Photo:  Shipping Corporation of India.

 The Indian government has approved an agreement on coastal shipping between India and Bangladesh for cheaper cargo movements between them.     “The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to the agreement on coastal shipping between


Long Beach Harbor Commissioners Adopt Budget

Photo: Port of Long Beach

Long Beach forges on with modernization, green programs   The Long Beach Board of Harbor Commissioners has approved an $829 million budget for the Harbor Department’s next fiscal year, including more than a half a billion dollars for capital improvements at the Port of Long Beach.


The Hour of the Wolf for Panamaxes - Platts Report

Shipowners operating in the trans-Atlantic dry bulk

Shipowners operating in the trans-Atlantic dry bulk market, where prices have been plumbing two-year lows on the back of acute vessel oversupply and shifting patterns in minerals demand, could be facing brighter days, according to the latest special report released by Platts


setec, Royal HaskoningDHV to Manage Canal Seine-Nord Europe

  Engineering and consulting firms setec and Royal HaskoningDHV have been selected by VNF – the French navigable waterways authority – to jointly provide programme management assistance over 12 years for a canal link extending from France to Belgium.  


AAPA Praises Senate for Passing TPA - 2015

KURT J. NAGLE, President and Chief Executive Officer

  “The prosperity of the United States is inextricably entwined with that of the rest of the world and international trade agreements provide stability and equity enabling increased trade,” said American Association of Port Authorities (AAPA) President and CEO Kurt Nagle in


New European Inland Waterway Project Underway

Photo courtesy of VNF

Engineering and consulting firms setec and Royal HaskoningDHV have been selected by VNF – the French navigable waterways authority – to jointly provide program management assistance over 12 years for a canal link extending from France to Belgium.  


ICS: U.S. Approach to LNG 'Protectionist'

The International Chamber of Shipping Represents the Worlds shipowners at IMO Photo ICS

According to the Internatinal Chamber of Shipping, the United States Congress signaled last week its intention to approve major free trade deals with Asia and Europe. ICS voices serious concern about the potentially protectionist approach being taken by the U.S


Korea Plans Big for Busan Port

Photo: Busan Port Authority

Port of Busan aims to handle 13 million TEU of trans-shipment cargo by 2020 ranking it number two in the world.    A long-term vision and strategy to develop the Port of Busan into a global transshipment hub port has been announced by the Korean Ministry of Ocean and Fisheries together


OOIL's Profit Up

Image: Orient Overseas (International) (OOIL)

 Orient Overseas (International) (OOIL), the parent company of Orient Overseas Container Line (OOCL), said its profit had risen 32 percent year on year (y/y) to $238.6 million in the first six months of 2015, due cheaper fuel costs helped it tide over a slump in freight rates.  






 
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