Mitsui O.S.K. Lines, Ltd. (MOL) released a statement updating the status of the containership MOL Comfort as of 11 p.m. JST on June 19, 2013. The vessel could not continue sailing under its own power from June 17 because the hull fractured in two parts while under way on the Indian Ocean, the company said. Mol Comfort', the 316-m-long vessel was carrying 4,500 containers from Saudi Arabia when it split into two roughly 840 nautical miles off the coast of India. The Indian Coast Guard coordinated the rescue of all 26 of the ship's crew (12 Russians and 14 Filipinos). Currently, the aft part is drifting near 13’00”N 61’29”E in an east-northeast direction. The status of the fore part is to be confirmed while the visibility is limited due to adverse weather. The patrol boat which has departed Port of Jebel Ali, U.A.E. on June 19, as mentioned in the Update (No.3), is expected to arrive at the ocean site on June 24. Some of the containers might be lost or damaged during the incident, but majority of the cargo are confirmed to be aboard the aft part. The status of the fore part is to be confirmed. MOL has contracted a salvage company and is proceeding to rescue the cargo and hulls. There have been no confirmed large volume of oil leakage. Sources: MOL, Staff
The United States Transportation Command recently deployed a container security system which detects tampering and helps protect military container shipments moving from to . USTRANSCOM introduced the CommerceGuard container security system, provided by GE Security, Inc., a business of GE Enterprise Solutions, to better protect its container shipments. Based at Scott Air Force Base, , USTRANSCOM directs and supervises execution of the military supply chain for the Department of
The Port Authority unveiled a Web site that provides real-time information on ship arrivals at the Port of New York and New Jersey, as well as the status of cargo and activity at terminal gates. Under a $1.9 million contract with the Port Authority, the new system known as Freight Information Real-time System for Transport or FIRST is being developed by Americas Systems Inc. (ASI) of Murray Hill, N.J. Representatives of the shipping industry and other public and private sector organizations
Iridium Satellite and Impeva Labs will expand their current collaboration in the implementation of a real-time container monitoring, tracking and security system on behalf of the Port Authority of New York and New Jersey (PANYNJ). PANYNJ recently awarded a contract to Impeva Labs as part of the federal Operation Safe Commerce (OSC) Phase III. Iridium and Impeva Labs have collaborated during the past four years in several platforms and products
The law firm of Finkelstein, Thompson & Loughran announces that a lawsuit seeking class action status has been filed in the United States District Court for Southern District of New York against Sea Containers Ltd. and certain of its officers and directors on behalf of purchasers of Sea Containers securities between March 15, 2004 and March 24, 2006, inclusive, Finkelstein, Thompson & Loughran is investigating similar claims at this time and welcomes inquiries from
The Strategic Council on Security Technology announced the global rollout of Phase Two of the Smart and Secure Tradelanes (SST) initiative. In the last year, SST has become the largest cargo security program in operation, helping global shippers to automatically track the location and status of containers while creating a system to detect and report container tampering. The second phase of SST focuses on further expansion of the global network, extending operations, shipments
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued a monthly fleet update summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 60 days or more since our quarterly fleet status report dated April 14, 2011. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report
Hercules Offshore, Inc. published the November Fleet Status Report. The report includes the Hercules Offshore Rig Fleet Status (as of November 21, 2013), which contains detailed contract information for each of the company's drilling rigs. The report also includes the Hercules Offshore Liftboat Fleet Status Report, which contains information by liftboat class for October 2013, including revenue per day and operating days.
Kalmar, part of Cargotec, has announced the launch of its new Gloria reachstacker specifically designed for empty and semi-laden container handling. With the ability to handle all types of containers, flat racks and single loads of up to 10 tonnes, the DRG100 is the latest addition to Kalmar's highly successful Gloria range of reachstackers. Available in two models, the DRG100-S6 stacks 6 containers high in the first row and theDRG100-S8
The CMA CGM Group have contributed to the capital increase of French startup TRAXENS, adding to two other investment funds, CAAP Création (Crédit Agricole Group) and S.C.R. Provençale et Corse (BPPC Group), that are also part of the initiative. TRAXENS develops container monitoring, geolocation and multimodal coordination systems. CMA CGM said the capital increase will be dedicated to financing new research and development programs
Mitsui O.S.K. Lines, Ltd. today announced the signing of a Joint Venture Agreement with SahaThai Terminal Co.,Ltd., a container terminal operation company in Thailand, to establish a new barge terminal operation company in Bangkok. The new company, called Bangkok Barge Terminal Co., Ltd
Khalifa Port Container Terminal, KPCT, set a new productivity record by handling 2615 moves in just under 13 hours on the 9,365 TEU CMA CGM Thames which called into Khalifa Port on Tuesday 21st July. This is the first time Abu Dhabi Terminals (ADT) manager and operator of Khalifa
Ocean cargo shipper Matson, Inc. said it is moving quickly to fund improvements in its new Alaska operations following its May 29 acquisition of Horizon Lines' Alaska services. The company expects to invest more than $30 million in new equipment planned by Horizon prior to its acquisition.
Less congestion and efficient cargo movement helped international container volumes through the Puget Sound gateway improve 14 percent in June compared to June 2014, the port reported. Cargo has been rerouted through the ports of Seattle and Tacoma as other U.S
Two Chinese shipping giants are likely to sign agreements with Cambodia's Sihanoukville Autonomous Port (SAP), paving the way for exporters to move cargo directly from Cambodia to China, Xinhua reported. Both Cosco and China Shipping are expected to sign with Sihanoukville Autonomous
The Port of Shanghai is aiming to reduce energy consumption per handling capacity unit by 7 percent in 2017 compared to 2010, the city’s transport commission said. It is aiming to cut carbon dioxide emissions by 9 percent compared with 2010
Government of Canada and Port Metro Vancouver announce funding for shore power for container vessels; installation of facilities at two Port Metro Vancouver container terminals will reduce emissions and noise Funding for the installation of shore power facilities for container vessels at two
KKR & Co LP's Embarcadero Maritime unit will pay $254.5 million to buy 18 dry bulk and container ships from Commerzbank AG's Hanseatic Ship Asset Management GmbH, the companies said on Thursday. U.S. private equity firm KKR and London-based independent ship operator Borealis Maritime
Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) saw a 2.1% dip in total container shipping volumes in the second quarter of 2015 when compared to the same period last year. Total revenues decreased by 9.3% to USD 1,362.4 million
The Marseille-based French company CMA CGM S.A has announced readiness to start operation in Iran on August 6. CMA CGM, the world’s third-largest shipping line in terms of container vessel capacity, will add Shahid Rajaei port in Iran to its Asia-Europe loop
Brazil’s newest and most modern container terminal hits a series of major efficiency milestones Brasil Terminal Portuário (BTP), Brazil’s newest and most modern container terminal, has reached a number of important milestones:
Shipping freight rates for transporting containers from ports in Asia to Northern Europe dropped 22.8 percent to $400 per 20-foot container (TEU) in the week ended last Friday, data from the Shanghai Containerized Freight Index showed.
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
The Georgia Ports Authority moved a record 3.66 million twenty-foot equivalent container units in Fiscal Year 2015, an increase of more than half a million TEUs. "The deepwater ports of Savannah and Brunswick are cornerstones of Georgia's success
Brazil’s newest container terminal hits a series of efficiency milestones Brasil Terminal Portuário (BTP), Brazil’s newest container terminal in the Port of Santos, has reached a number of important milestones.