OT Africa Line (OTAL) announced some changes to its North Europe – West Africa services. These take into account various factors including a slight downturn in overall trade volumes, civil unrest in certain countries and improved availability of roll-on, roll-off multi-purpose tonnage. OTAL’s RoRo service is resuming its nine day frequency utilising six vessels on a 45-day round-trip schedule. This has been made possible by the return to the service of Rokia Delmas and Rosa Delmas. Both ships have recently been employed in support of the military action in Iraq and during their absence, the service was reduced to an eleven-day frequency utilizing three RoRo vessels. The company’s Express Container Service has switched to a fixed day fortnightly schedule utilizing three modern 900 TEU vessels. Previously four ships were employed to offer sailings every eleven days. Unchanged though is the Weekly Container Service (HEB) which continues to employ five ships, each of around 1600TEU. OTAL’s Marketing Manager Rachel Bennett says it is hard to remember a time when there has been a greater need for flexibility: “The West African trades have never been easy. There always seems to be political or economic instability in one or more of the countries we serve. However, 2003 has already seen civil unrest to some degree in five of these nations. Not all impact significantly on cargo volumes but inevitably, some do.
Strengthening its position as a leading player in West African shipping and logistics, OT Africa Line (OTAL) has expanded its agency network in China. United Transportation Limited (UTL), OTAL's general agents covering Hong Kong and China, will now co-ordinate all Chinese commercial and operational activities via a sub agency network managed by Chiao Feng Shipping Ltd. With headquarters in Hong Kong, Chiao Feng has strategically located offices (highlighted below) based at important
OT Africa Line (OTAL) has announced a number of developments to its West African Ro-Ro and container services designed to give customers access to a greater number of ports. The changes will also provide improved transit times and more frequent sailings to ensure even more extensive transport coverage of the trade to and from this region. OTAL continues to operate its established multipurpose Ro-Ro service but with the addition of a restructured improved all-round schedule called the
Maersk Line aims to cement its position as undisputed leader in the West African market with delivery of new vessels 28 March 2011 - A.P. Moller - Maersk is pleased to announce the naming of the first of a series of 22 WAFMAX container vessels currently being built by Hyundai Heavy Industries in Korea. Named after the capital of Guinea, Maersk Conakry and the 21 other West Africa MAX ("WAFMAX") vessels on order from Hyundai will be the largest container ships able to call West
CMA CGM announced the reshuffling of its services on the ASIA-South Africa and Mozambique trades in partnership with Maersk Line (ML). Beginning April 24, the new CMA CGM ASIA-SOUTH AFRICA service network will be covered by the following loop: • New SHAKA2: A service jointly operated by CMA CGM and Maersk Line with 8 vessels of 6,500Teus. The rotation includes: Shanghai, Ningbo, Fuzhou, Yantian, Tanjung Pelepas, Port Louis, Durban, Port Elizabeth, Ngqura, Port Louis
Coatings specialist says it draws on local production network and highly experienced team to deliver high specification products for local utility project. PPG Protective and Marine Coatings announced completion of a major project for Africa Pipe Industries, supplying internal and external coatings on a 46km, 2.1m diameter pipeline installed for South African utility Rand Water. PPG supplied SIGMALINE 523 as an internal lining and SIGMALINE 855 as an external coating on the
South Africa's Safmarine Container Lines reported that its Managing Director and Safren Chief Executive Tony Farr had stepped down. Moeller, which owns the world's leading container shipping company Maersk, acquired Safmarine's container shipping assets in February for $240 million cash plus the assumption of $115 million debts.
Maersk Line announced that unsustainable rates and continued improved demand led to rate increases effective 1 May 2009. The filed increases are as follows on eastbound services from Northern Europe, North Africa and Mediterranean to the Middle East and South Asia: - USD 100 per 20' dry container - USD 200 per 40' dry container The increase applies equally to all cargo and commodities, excluding reefers.
The general rate increase on the North America to Mediterranean and North Africa trade which Maersk Line previously announced for 15 June 2009 will now be effective 1 July 2009. Maersk Line has delayed the increase to coincide with the change in Bunker Adjustment Factor (BAF), also scheduled for 1 July 2009. By combining the rate increase and the BAF into a single event, Maersk Line will simplify tariff and contract maintenance, reducing complexity for customers
The CMA CGM Group announced the reshuffling of its services from Europe and Med to West Africa which will allow the Group to adapt to the market and serve the heart of Africa by Through Bill of lading (TBL) to land lock countries. Starting mid December 2013, the CMA CGM Group will deploy five services: • PC Weekly Service: CMA CGM is pleased to announce the PC Weekly service improvement with the insertion of UK and Nigeria call in the rotation.
Hurricane Fred strengthened early Monday in the eastern Atlantic as it approached the Cape Verde Islands, while the remnants of Tropical Storm Erika brought flooding to parts of South Carolina, according to U.S. forecasters. The center of Fred is expected to pass near or over the
French shipping giant CMA CGM, reported a 66.7% jump in net profit to $156m in the second quarter of 2015. The result compared to a $94m net profit in the same period a year earlier. The world’s third largest container line says that its unit costs fell 10
Hans Nagtegaal (49) has been appointed the new Head of Containers at the Port of Rotterdam Authority. He is a highly experienced manager from the world of shipping and logistics, who enjoyed a successful career at P&O NedLloyd (in China, among other places)
VLCC market to be "hot" in Q4 -VLCC broker. Freight rates for very large crude carriers (VLCCs) face a roller-coaster ride on uncertain cargo volumes and vessel supply ahead of a fourth-quarter boom, brokers said. Charter rates, which have rebounded sharply
South Africa could deploy power barges using gas to generate electricity to help overcome chronic supply shortages, a senior government official said on Tuesday. Under the proposal, one of 170 submissions sent to the government after it requested ideas for a gas-to-power programme
India and Mozambique on Wednesday discussed ways to intensify cooperation in maritime security, ocean economy and defence as Prime Minister Narendra Modi held talks with Mozambique President Filipe Jacinto Nyusi in New Delhi. "Africa and the Indian Ocean are among the highest
Worldwide shipping firm the CMA CGM Group announced plans to upgrade its services joining Europe to Africa, altering its EURAF 1, EURAF 2 and EURAF 4 services with the goal of providing a more complete service offering to Africa, North Europe and the Mediterranean.
Low bunker prices buoy owners' spot charter earnings. Freight rates for very large crude carriers (VLCCs), which have fallen to their lowest level in 10 months, are set to slide further next week as the volume of available tonnage outpaces cargo demand.
China’s demand for coal continues to diminish, so much so that India is expected to surpass China as the world’s largest coal importer later this year. According to international shipping association BIMCO, China’s consumption of coal accounts for just over 50 percent of global
Shipping activity at Kenya's port of Mombasa, East Africa's biggest, rose by 11 percent in the first half of 2015 as vessel wait times fell, the national port authority said on Wednesday. Gichiri Ndua, Kenya Ports Authority managing director
Tonnage list grows in Pacific, Atlantic oceans; lack of coal cargoes weigh on freight rates. Freight rates for capesize bulk carriers are set to slide further next week, after falling to their lowest level in five weeks, due to a mounting supply of tonnage and uncertain cargo demand
Nigeria's state oil company has cancelled its contract for the delivery of crude to the country's refineries in Warri, Port Harcourt and Kaduna, it said on Wednesday. Oil sales account for about 70 percent of government revenue in Nigeria, Africa's top crude producer
Shipbroker Charles R. Weber is quite optimistic on the future prospects of the VLCC market for 2016 onwards. The demand is expected to remain elevated with spot voyages generating around 940 bln ton-miles per quarter, on average, during 2016 – around 1
The consortium formed by CMA CGM, Bolloré and CHEC won the bid process initiated by the Cameroonian government Following the bidding procedure initiated by the Cameroonian government, the consortium formed by the French companies - CMA CGM and Bolloré - and the Chinese CHEC (China
A delay in private repairs to the hospital ship Africa Mercy has caused a two-and-a-half week adjustment of timelines for Transnet National Ports Authority’s R30 million repair project at the Prince Edward Graving Dry Dock in Durban.