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Apl Panama

APL Panama Still Aground

APL Panama remains aground on soft sand some 1.5 nm south east of the entrance to the port of Ensenada, Mexico. Salvors have succeeded in maneuvering the bow of the vessel some 20 degrees towards deeper water over the past week, in order to assist the next re-floating effort. The APL Panama remains structurally intact and secure and it is hoped that another concerted effort to re-float her can be made toward the end of next week, when tide conditions are more favorable. This next stage of the operation will utilize powerful hydraulic pulling machines which will double the capacity of the strong tugs already standing by the vessel. In the meantime, the salvors have succeeded in transferring the fuel oil to a bunker barge at the port of Ensenada. Specialist anti-pollution contractors have been hired by the salvors, and are on permanent standby throughout the operation, where they will remain until the vessel is safely re-floated. The grounding occurred while the APL Panama awaited the Ensenada Pilot on December 26. The Master was not attempting to enter port without a pilot, nor was the vessel behind schedule and trying to make up time by deliberately approaching nearer the shore than she should have. An enquiry into the grounding is being conducted by the Mexican authorities, which the owners, MS ‘Mare Britannicum’ Schiffahrtsgesellschaft mbH & Co+ KG, are fully cooperating with.


Danaos Delivers Second Vessel to APL

Danaos Corporation announced that during the course of the last week it delivered the vessel APL Scotland back to its charterer, APL, for a total price of $44.5m. Further, Danaos Corporation also announced that APL has declared their purchase option regarding the APL Belgium according to their existing agreement with Danaos. This represents the last out of the four purchase options APL had with Danaos. Danaos now expects to sell this vessel back to APL at the end of its charter on or about


NOL Appoints Two Senior Managers

Neptune Orient Lines Ltd, (NOL) has hired two veteran officials at Sea-Land Service as senior executives in its container transportation arm, APL. Edward W. Aldridge, currently Senior Vice President for North America at Sea-Land will become President of APL's Americas Region. Daniel J. McHugh, currently Vice President of the Americas Division at Sea-Land, will become President of APL's Asia-Middle East Region. Tim Rhein, current President and CEO of APL Limited


APL Voted Best Trans-Pacific Shipping Line

Credit : APL

  APL today won the Best Trans-Pacific Shipping Line accolade at the 28th Asian Freight & Supply Chain Awards (AFSCAs). This is the third time in four years that APL has emerged as the preferred liner in this category, following wins in 2011 and 2012. Determined by votes cast by readers of Cargonews Asia, APL clinched the award for its leading performance in schedule integrity, customer service support and its comprehensive port calls in the Trans-Pacific trade.


NOL Announces Clean-air Milestone In Singapore

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Shipping line is first to use low-sulphur fuel at port; expects 90% emissions reduction SINGAPORE: 12 APRIL, 2011 - NOL Group today announced a maritime milestone: its vessels will become the first to use cleaner-burning, low-sulphur gas oil in Singapore. The decision is expected to curb sulphur oxides emissions from ships by almost 90%. Sulphur oxides are considered a key component of acid rain.  Ash and particulate matter emissions could be reduced by 80% to 90%.


New Container Ship Hull Design to Vastly Save Fuel

APL Container Ship: Photo credit Geo Swan CCL2

A collaboration between APL, Hyundai Heavy Industries and DNV will make APL's new ships more fuel-efficient. The new hull design will will make APL’s 10 new ultra large container ships some 20 per cent more fuel efficient per TEU compared with existing designs says DNV. The design has been optimized for an operating profile along the Far East to Europe trade route involving nine speed and draught combinations


APL: Highest Honor for Marine Enviro Protection

Global container carrier APL received the United States’ Coast Guard’s highest award for excellence in marine environmental protection here today. The world’s seventh largest container carrier took home the Osprey award - the highest level of recognition within the Rear Admiral William M. Benkert Award, considered the premier environmental award in the U.S. maritime industry, conferred biennially.


Diana Acquires Two Containerships

Diana Containerships Inc. (Nasdaq:DCIX), signed two Memoranda of Agreement with APL (Bermuda) Ltd. for the purchase of two Panamax container vessels, the m/v "APL Sardonyx" and the m/v "APL Spinel". The m/v "APL Sardonyx" is a 1995-built vessel of approximately 4,750 TEU capacity and the m/v "APL Spinel" is a 1996-built vessel of approximately 4,750 TEU capacity. The purchase price for each vessel is $30 million


APL Holds Full-scale Anti-terror Exercise

APL and law enforcement officials including the FBI successfully tested anti-terrorism capabilities at the shipping line’s Seattle, Washington marine terminal.  It was the seventh full-scale security exercise conducted by the global container carrier in the past six years. The day-long drill involved 200 people with representatives from the U.S. Coast Guard, Customs and Border Protection, port police and fire department


NOL Group Announces New Appointments

Move is part of APL and APL Logistics growth strategy in region , 2 April 2008: Global container shipping, terminals and logistics group Neptune Orient Lines (NOL) has announced a series of key appointments in the fast-growing region. The new Vice-President for the region is Gene Seroka. He is responsible for the overall management of NOL’s APL, APL Terminals and APL Logistics businesses throughout the Middle East from the Group’s regional HQ in .


Panama Canal Sets Sight on Another Expansion

Photo: Panama Canal Authority

As it enters the final stretch of a massive expansion, the Panama Canal Authority is setting its sights on an even more ambitious project worth up to $17 billion that would allow it to handle the world's biggest ships.   Workers are now installing giant


Expanded Panama Canal to be Operational by April 2016

Panama Canal Expansion (Photo credit: Canal de Panamá)

The widened Panama Canal is expected to finally be up and running in April 2016, after months of delays and cost overruns, AFP reports. The expansion project area will allow bigger ships to transit, with two new sets of locks, one on the Pacific side and one on the Atlantic side.  


JIT Transit Slots Reduced at Panama Canal

   The Panama Canal has experienced an unusual increase in the number of vessels awaiting transit during the past few weeks. Several measures have been implemented to reduce the backlog, such as the suspension of all maintenance work and the addition of locks personnel.  


Singapore Shipping Line NOL a Takeover Target?

Image: Neptune Orient Lines Limited

 Singapore's Neptune Orient Lines (NOL) may be shaping up as a takeover candidate, a report in Bloomberg said.   The appeal of the shipping company that helped cement Singapore's status as a global trade hub has increased after it agreed to sell its logistics unit last month for US$1


Palau Reports Increase in WRC Applications

Palau International Ship Registry (PISR) has received a high volume of applications from owners looking to have the correct documentation in place prior to the imminent entry into force of the Nairobi Wreck Removal Convention. Marisabel Arauz Park


Panama Canal Case Headed to Arbitration

Picture Credit: Panama Canal Authority.

 The Panama Canal Authority (PCA) and the consortium building a third set of locks for the inter-oceanic waterway said in separate statements that they will take a dispute over cement quality to international arbitration.   The PCA has asked for an international arbitration panel to


Boskalis Wins Panama Artificial Island Contract

Image: Royal Boskalis Westminster

 Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Compañía Insular Americana SA to construct a second artificial island off the coast near the residential area of Punta Pacifica in Panama City.  


Another Artificial Island in Panama by Boskalis

Punta Pacifica Island 1

  Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract from Compañía Insular Americana, S.A. to construct a second artificial island off the coast near the residential area of Punta Pacifica in Panama City


Panama Accredits Maritime Security Firm

Photo:  ESG Global Security

The Panama Maritime Authority has accredited ESC Global Security personnel to offer protection aboard Panamanian-registered vessels, in what is thought to mark the first Private Maritime Security Companies (PMSC) licence issued under the new Panama Administration.


Mitsubishi Bags Fourth LPG Carrier Order from Astomos

LPG carrier built by MHI

 Tokyo-based Astomos Energy Corp has placed an order today with Mitsubishi Heavy Industries (MHI) for a very large liquefied petroleum gas (LPG) carrier.     The 83,000 cu m vessel marks their fourth such order with MHI since 2013


Panama Canal Authority Holds Hearing on New Toll Structure

       Photo courtesy of the Panama Canal Authority

  The Panama Canal Authority (ACP) is holding a public hearing today on a proposed toll structure change. The proposed restructuring, which the ACP Board of Directors approved on December 24, calls for each ship segment to be priced based upon different units of measurement


Kintetsu Pays $1.2bln for APL Logistics

Image: Kintetsu World Express

 Japanese freight carrier Kintetsu World Express Inc is buying Singapore's APL Logistics for US$1.2 billion, paying a higher than anticipated price for an overseas deal at a time of slow domestic growth.  Tokyo-headquartered Kintetsu Express said on Tuesday that it agreed to pay S$1


NOL, KWE Ink APL Logistics Deal

SINGAPORE, TOKYO, 17 February 2015 – Neptune Orient Lines Limited (“NOL”) and Kintetsu World Express, Inc. (“KWE”), jointly announced today that they have entered into a sale and purchase agreement for NOL’s logistics business, APL Logistics, for US$1.2 billion


New CEO for Rickmers Maritime

Pic by Rickmers Maritime

Singapore-listed Rickmers Maritime Trust (RTM) will have a new ceo at the helm in June this year. Its CEO Thomas Preben Hansen has resigned from his post.  Soren Andersen, a shipping executive with 17 years of experience at AP Moller-Maersk Group and American President Lines


Adani Group Revamps Businesses

Adani Ports and Special Economic Zone Limited

  Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced a composite Scheme of Arrangement (“Scheme”) for the demerger of the ‘Port






 
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