Marine link
 

Far East

Sweeney Promoted to VP of Far East Operations at Crowley

Effective March 1, 2004, Alex Sweeney will assume the position of Vice President of Russian Far East Operations. In his new position, Sweeney is responsible for the management of the BETS Sealift to Lunskoye, Sakhalin Island and the tow of the Orlan from Sov Govan, Russia to Ulsan, Korea. He will report directly to Steve Peterson, Senior Vice President and General Manager, Energy and Marine Services and will work closely with Chris Peterson, General Manager, Contract Services, who has commercial responsibility for those contracts. Sweeney joined Crowley in 1980 and has over 20 years experience in marine operations for Crowley on the east and west coasts. In 1995 he was promoted to the Director of Atlantic Operations and in 1999 was relocated to Valdez and promoted to the position of General Manager, Valdez Services in 2000, he was named Vice President of the Valdez business unit. In 1997, he Sweeney was presented with the Thomas Crowley Trophy, Crowley Maritime Corporation’s highest honor. He earned his undergraduate degree from City University in Seattle and completed his MBA in 1995.


Dry Bulk Trends

Change Of Sentiment Seen In Atlantic Sector The dry cargo freight market saw a 15 point decline in the Baltic Panamax Index to 1,595, which was largely caused by a change of sentiment in the Atlantic, brokers said. March tonnage in the U.S. Gulf was struggling to obtain previously fixed levels and rates to the Far East in particular were lower, they added. Capesize rates remained steady but handy sizes were in stronger demand world-wide and there were signs that the hitherto depressed


Braemar Appoints New Director

Graeme Temple, Regional Director

Braemar Technical Services (Incorporating The Salvage Association) announced the appointment of Graeme Temple to the role of Regional Director for its Far East region.   Graeme will take responsibility for strengthening the company’s surveyor network in this important region and further developing relationships with the London and International Insurance markets as well as the local Singapore and other Far East Insurance markets


UMM Salal First Call in Port of Hamburg

On 7 June 2011 the UMM SALAL, the biggest containership to date belonging to United Arab Shipping Company (UASC), tied up in the Port of Hamburg on her maiden voyage. The giant container ship, with a capacity of 13,100 TEU (20 foot standard containers) was handled at Eurogate Container Terminal Hamburg (CTH).   The UMM SALAL is 365.5 metres long, 48.40 metres wide and is equipped with over 1,000 reefer slots, making it the first of nine ships of this size to be completed in 2011 and 2012


Hamburg Port's Liner Network

Hamburg has one of the most comprehensive liner networks in Europe, which in turn means that it plays an important role as a transport hub for global cargo flows. Specialized liner traffic connects Hamburg to six continents. Over 100 container liner services travelling to destinations all over the world are based in Hamburg. One of the main markets for the Port of Hamburg are liner services from and to the Far East


Shipping Majors Expand Cooperative Setup

CMA CGM Jules Verne (Photo courtesy CMA CGM)

The CMA CGM Group announced a new cooperation setup with current partner Maersk Line, APL and OOCL on three existing Far East to Indian Subcontinent services (CIMEX 2/FM3, CIX, CIX3), starting in February 2014. In a Slot Sharing Agreement that also includes partners as Emirates Shipping Line, Hamburg Süd and Regional Container Lines, 18 vessels with a total capacity of about 17,500 TEU’s will be deployed on the three Far East-Indian Subcontinent services.


Westbound Tanker Markets Strengthening

Westbound tanker markets from the Middle East are strengthening while eastern charterers take a break, brokers said. Mideast-U.S. Gulf rates are running at about W80-85 ($17.50 per ton) for VLCC liftings and from West Africa about W90 ($9.25) - up a couple of Worldscale points on last week. But rates to Far East have eased back to the mid W90s ($10.75 to Japan) after climbing past W100 last week.


SembCorp Gets BP Shipping Deal

Singapore's Sembawang Shipyard Pte Ltd., a subsidiary of SembCorp Marine, has entered an agreement to repair the Far East fleet of BP Shipping Ltd. for an indeterminate amount of time. Sembawang Shipyard managing director Heng Chiang Gnee said the company expects to refit and drydock about 12 of BP Shipping's fleet of 30 in a typical year. He said he expected a typical contract value of about $1.2 to $1.7 million to repair each of the vessels


Russian Naval Base Uses Nuclear Subs For Electricity

Frequent power cuts on the remote Kamchatka peninsula have forced Russia's military to fire up reactors on nuclear submarines to provide electricity to bases there, an admiral said. Admiral Valery Drogin told the official Rossiiskaya Gazeta government newspaper that even the strategic nuclear missile bases on the Pacific Ocean peninsula were now being powered by reactors on board the submarines. Power stations in Russia's Far East suffer from chronic fuel shortages because of the high cost


Product Tanker Stays Strong In Mideast

The New Year started much as the old left off with product tanker markets strong Mideast-Far East and Tran-Atlantic but weak elsewhere. LR2 tanker rates for Mideast-Japan jumped five and ten Worldscale points on successive days, according to brokers.


Naming Ceremony of Evergreen's EVER LYRIC

Naming Ceremony for EVER LYRIC

  Evergreen Group today held the naming ceremony for EVER LYRIC, the eighth of its L-type vessels built by CSBC Corporation in Taiwan. The ceremony took place at CSBC's Kaohsiung shipyard and was officiated by Mr. Raymond Lin, Evergreen Group's Vice Group Chairman


Evergreen Line Names New Box Ship

CSBC Chairman Sun-Quae Lai (third from the left); Jarijanti Buana, the wife of the Chairman of Evergreen Shipping Agency Indonesia (fifth from the left); and Raymond Lin, Evergreen Groups Vice Group Chairman (sixth from left).

Evergreen Group today held the naming ceremony for Ever Lyric, the eighth of its L-type vessels built by CSBC Corporation in Taiwan. The ceremony took place at CSBC's Kaohsiung shipyard and was officiated by Raymond Lin, Evergreen Group's Vice Group Chairman


Container Rates Fall on Declining Chinese Exports

bimco containership.jpg

Since February, freight rates on the three key container shipping lanes has left the erratic up and down movements behind only to slide week after week. On Friday April 10, 2015 the freight rate including ocean freight and surcharges, i.e


Box Ship Freight Rates Fall on Declining Chinese Exports

Container freight index

  Since February, freight rates on the three key container shipping lanes has left the erratic up and down movements behind only to slide week after week. On Friday April 10, 2015 the freight rate including ocean freight and surcharges, i.e


Intermarine Opens Istanbul Office

  Intermarine, LLC, a transporter of project, breakbulk and heavy lift cargo, has established a physical presence in Turkey with the opening of an office in Istanbul.    The new branch will operate as part of the company’s Worldwide division, offering identical breakbulk


Russian Trawler Sinks with 54 Dead

Map: Tass news agency

 At least 54 people died when a Russian trawler sank off the Kamchatka Peninsula in Russia’s Far East, media reports say.    The Dalniy Vostok sank in the Sea of Okhotsk, 330 km (205 miles) west of Krutogorovsky settlement in the Kamchatka region and 250 km south of the city


Largest Vessel to Call ICTSI, Rijeka

Maiden call of Gerda Maersk, the largest vessel to call in Croatia.

Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia, recently serviced the largest vessel to call in the country, the 10,000 TEU-capacity Gerda Maersk.


Ocean 3 launched at the AGCT, Rijeka

Ocean Three service

  China Shipping Container Line’s (CSCL) Xin Qin Huang Dao recently made its maiden call at the Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia


Royal Caribbean Sets to Sail to Tianjin

Ovation of the Seas, the third Quantum-class ship (Royal Caribbean International)

 Royal Caribbean International will deploy yet another big ship in China, with the 4,180-passenger Ovation of the Seas joining Quantum of the Seas in the Far East.   The Miami-based cruise company takes delivery of Ovation in April 2016 and it will head straight to China rather than


No More State Funds, Russia Warns its Ship Builders

Pic by Russian Maritime Register of Shipping

 Russian Deputy Prime Minister Dmitry Rogozin came down heavily on country's shipbuilders criticizing them for doing a poor job to implement instructions from the president and prime minister regarding wider production of civilian ships at domestic shipyards.  


Three in Four Cruise Passengers in the World Will Soon be Chinese

Berth two at the Kai Tak Cruise Terminal in Hong Kong. Credit Hong Kong Tourism Board (HKTB)

 Almost three-quarters of all cruise passengers in the future could be Chinese, according to research by the Hong Kong Tourism Board (HKTB).   The study reveals a potential 83 million cruise passengers in seven source markets within Greater China


Damen’s China Yard Expands Build Portfolio

Photo: Damen

The Damen Yichang Shipyard in China, commencing operations in 1999 as a joint venture between Damen Shipyards Group and Sinotrans CSC, has delivered cargo vessels from the Damen portfolio. Now, Damen announces the yard is rolling out an increased portfolio of vessels to a wider market audience


Shortage in Supramax

Supramax bulk carrier (Pic: United Seven GmbH & Co)

 As tonnage in the East Coast South America (ECSA) region continued to outnumber fresh grain requirements, Supramax front-haul freight rates fell this week, reports Platts, quoting shipping sources.   The rate for carrying a 50,000 mt grain stem from ECSA to the Far East continued at


Russia's Pacific Coast to Become Free Port

Pic by Port Vladivostok

 Pacific city of Vladivostok has been chosen to become Russia’s first ‘free port’ in move that could boost trade and bolster the economy in the far east of the country.    Russian president Vladimir Putin announced the Pacific port would benefit from the new


Piracy Still a Big Threat in the Indian Ocean

Photo: Alex Sergienko

Underestimating the security risk in the Indian Ocean could put ships in danger once again, says maritime security company MAST Ltd.   “Whilst recent reports and incidents seem to be pointing to the Far East as the next piracy hotspot






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright