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 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
APM Terminals Mumbai became the first Indian container terminal to go paperless by providing shipping lines electronically with the required Export Form 13 for export containers entering the terminal by truck. Building upon the success of the Export e-Form 13, APM Terminals Mumbai has also introduced an ‘Online Import Delivery Process’ to simplify and streamline the import cycle of terminal operations to reduce gate waiting time and congestion
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 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
ZIM Integrated Shipping Services has announced the expansion of its refrigerated container fleet in order to answer the demand for its innovative ZIMonitor service. Launched in early 2015, ZIMonitor allows customers to track, monitor and remotely control sensitive, high-value cargo stowed in refrigerated, or reefer, containers. Customers can opt to receive alerts regarding their shipment via text message or email
German navigation system manufacturer Raytheon Anschütz reports that its NautoScan NX (NSX) network radar transceivers have exceeded 100 installations. With the launch of Raytheon Anschütz’s new NSX radar transceivers, state-of-the-art network radar technology has replaced the analog data transmission alternative. Now, radar status and video are generated in the transceiver, shared by a digital interface and distributed through a redundant Dual Gigabit LAN to an
The recent rally in Asia to Europe spot market rates has improved carriers’ chances of securing higher 2017 contract rates. How much extra will shippers have to fork out? It has been another typically volatile year as far as the spot freight rate market (i.e
APM Terminals has announced orders for 12 remote-controlled Ship-to-Shore (STS) cranes and 32 Automated Rail-Mounted Gantry Cranes (ARMGs) to equip the new five million TEU* APM Terminals MedPort Tangier facility now under construction at the Tanger-Med II port complex.
Egypt is in talks with global shipping firms to change the way it charges vessels to pass through the Suez Canal, offering discounts for advance payments as it seeks to raise much-needed hard currency from a struggling industry. Denmark's A.P
U.S. Transportation Secretary Anthony Foxx today announced $4.85 million in grants to six Marine Highway projects along the waterways of 17 states and the District of Columbia. The goal of the Maritime Administration’s Marine Highway Program is to expand the use of U.S
Liebherr Maritime Crane has delivered the largest mobile harbor crane of the Caribbean to Kingston Wharves Limited in Jamaica. The LHM 600 is equipped with an elongated tower extension and eases the handling of big container vessels up to Super-Post-Panamax size.
Container volumes at the Port of Long Beach declined 16.6 percent year-over-year in September as the effects of the Hanjin bankruptcy reached the U.S. West Coast. According to the port, its longshore workers moved 546,805 twenty-foot equivalent units last month
China’s COSCO Shipping Development Co Ltd announced a proposed nonpublic issuance of about 3.28 billion shares to specific investors, including its parent company, to raise up to 12 billion yuan ($1.79 billion), reports China Daily.
Hanjin’s receivership represents the trough of the container shipping market and despite continuing concerns of weak trade growth and fleet oversupply a gradual market recovery is now expected, according to the latest annual Container Forecaster and Review 2016/17 report published by global
International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average of 2.4% in 2015. This compares with the 0.8% average fall in costs recorded for 2014, and is the fourth successive overall year-on-year reduction
Guinea opened a new container terminal on Wednesday, part of a bauxite complex being developed in the West African country by Abu Dhabi investment fund Mubadala. Mubadala signed a $5 billion agreement with Guinea in 2013 to develop a bauxite mine
CMA CGM and ENGIE signed a Memorandum of Understanding to promote LNG as the marine fuel for tomorrow’s container vessels. Farid Salem, Executive Officer of the CMA CGM Group, and Isabelle Kocher, CEO of ENGIE, signed the agreement today at the Marseille headquarters of CMA CGM.
South Carolina Ports Authority reported year-over-year growth during the first quarter of its 2017 fiscal year. SCPA handled 162,858 twenty-foot equivalent units (TEUs) in September. First quarter TEU volumes were up 1.4 percent over the same period last year, with 520
Members of BSR’s Clean Cargo Working Group (CCWG) have agreed on a climate action statement and call to action for the container shipping sector and its value chain to support private-sector contributions for the global goals on climate change.
The port of Antwerp continues its excellent performance, handling 161,671,573 tonnes of freight in the first nine months of this year, up 3.3% on the same period last year. The container volume in the first three quarters came to more than 7.5 million TEU. This represents growth of 4
Hoover Container Solutions (“Hoover”), Ferguson Group (“Ferguson”) and CHEP Catalyst & Chemical Containers (“CCC”), three leading global providers of container solutions products in the energy, petrochemical and general industrial markets