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New Record

SMET Sets Record

Superior Midwest Energy Terminal (SMET) in Superior, Wis., loaded 2,548,173 net tons of coal in July, a new record for the most coal to be shipped by a single dock in one month in the entire history of Great Lakes shipping. The previous peak was 2,468,619 net tons loaded at the Chesapeake & Ohio dock in Toledo in October 1946. Before that, the record was held by Sandusky - 2,200,737 net tons in October 1944. For the season, coal loadings at SMET stand at 8,208,187 net tons, essentially the same level as a year ago.


APM Terminals Mumbai Hits Record Throughput

APM Terminals Mumbai

  APM Terminals Mumbai established a new record for Indian ports by handling a total of 2.01 million TEUs during the Fiscal Year of 2014-15, representing the period between April 1, 2014 to March 31, 2015.   APM Terminals Mumbai is one of three terminals currently operating at Jawaharlal Nehru Port (JNP), India’s largest container port, accounting for 45% of JNP’s throughput, and approximately 20% of India’s total container traffic.  


Maersk Containership Is Largest To Call U.S.

History was made by Maersk Lines last June when the Line's containership, Susan Maersk sailed into the Port of Long Beach, Calif. on its maiden voyage - establishing a new record as the largest ever to call a U.S. port. Measuring twice the length of the Washington Monument, wider than the Panama Canal and equal in length to about four football fields, the 6,600 TEU vessel was deployed into Maersk's Asia/U.S. West Coast TP6 Service.


Posidonia in Retrospect

The recent Posidonia 2012 went out with a bang, (not with a whimper) according to the expo organizers It seemed the whole world revolved around Posidonia 2012 which has closed with a bang, setting a new record in terms of visitor numbers and number of countries represented in a stellar week which also saw the signing of many deals and partnerships on the floor of the Metropolitan Expo. Αlmost 19,000 visitors from 92 countries attended Posidonia 2012


Petrobras Sets Record in Brazil

  Consolidated Oil and Gas Petrobras in Brazil and abroad, production amounted to 2 million 795 thousand barrels of oil equivalent per day (boe) in October. This volume was 0.5% higher than in September, which was 2 million 781 thousand boe. Oil production in Brazil grew by 0.4% compared to September, and reaches a new high. Oil production from Petrobras in Brazil reached in October average of 2 million 126 thousand barrels / day (bpd), 0


Baltimore Port Shipments Hit New Record

Pic: Helen Delich Bentley Port of Baltimore

 Helen Delich Bentley Port of Baltimore's public terminals shipped a record 9.74 million tons of general cargo in the 2015 fiscal year ending June 30, it said Monday. That was up about 1.5 percent from 9.6 million tons in 2014.   General cargo includes automobiles, forest products, farm equipment and construction machinery. It also includes containers, a key point of emphasis lately for port officials trying to grow traffic.  


Section of Costa Magica Arrives in Genoa

The fore end section of Costa Crociere’s second 105,000 gross tonnage new building, the Costa Magica, arrived in Genoa at Fincantieri’s yard in Sestri Ponente on December 7. Together with her sister ship Costa Fortuna, which is also currently under construction in Sestri Ponente, it will be the largest cruise ship ever to fly the Italian flag. The fore end section of the Costa Magica is 534 ft. long, 116.4 ft. in breadth and 25,000 gross tonnage


Port Metro Vancouver: Throughput Growth Builds Common Interest

Canada’s Port Metro continued its growth in 2012, setting new records in the container and bulk sectors. The 2012 year-end statistics report shows that Port Metro Vancouver handled 124 million tonnes of cargo 
through the end of December, an increase of one per cent over 2011. The 2012 throughput volumes reflect growth in Asian economies and continuing strength in the Canadian economy.  
 The year also marks the advancement of several capacity building infrastructure


Latest World Oil Market Recap

Global refinery capacity increases vastly; typhoons deplete Japan oil stocks; and Qatari marketing sends signals on price direction, reports PIRA Energy Group's latest 'Weekly Oil Market Recap'. Big Increase in 2014 (and 2015) Global Refinery Capacity The biggest capacity increase over the two years comes from new construction projects in China and the Middle East. Despite the fact that the world currently has a surplus of refining capacity, new additions are on the way


Record Freight Throughput Year at Port of Antwerp

Container Terminal: Photo credit Port of Antwerp

Freight volume was up by 3.5% to 190.6 million tonnes which represents an increase of 3.5% compared with 2012 when the volume came to 184.1 million tonnes, making 2013 a new record year for Belgium's principal port. The previous record dates from 2008, the last year before the global financial crisis. The main driving force behind the growth in volume was liquid bulk, with the container volume being slightly down as a result of the continuing recession.


NITC Claims World's Largest Supertanker Fleet

Photo: National Iranian Tanker Company

 According to the head of the National Iranian Tanker Company (NITC), Iran has 42 very large crude carriers or VLCCs, each able to carry 2 million barrels of oil, reports Press TV.   NITC has recently announced that after buying 20 oil tanker from China during the last two and half


Record Bulk Shipping Demolition Rates in 1H15

Graph: BIMCO

 Monthly demolition rates in the dry bulk shipping sector averaged 3.3 million DWT for 1H15, according to new figures from BIMCO, compared to 1.3 million DWT last year. This included a record 5.36 million DWT in April – the highest on record for a single month.   


Chief Mate Sentenced for Environmental Crimes

Valerii Georgiev, a Russian citizen and former chief mate of the ocean cargo vessel M/V Murcia Carrier, was sentenced to a term of three months prison for failing to maintain an accurate oil record book in violation of the Act to Prevent Pollution from Ships (APPS)


Platts Mulls Asia Crude Liquidity Boost

Platts also studies more ship transfer locations, faster trading. Oil pricing agency Platts is looking at approving more Middle East crude grades to boost liquidity in the daily assessment of Asia's Dubai benchmark, company executives said on Wednesday.


Lerwick Sees Cruise Season Boom

Lerwick Harbour gets set for the boom in cruising shipping

  Lerwick Harbour’s cruise season launches at the double this week, with the arrival of the first two vessels of the year on Wednesday (18 March), bringing 1,850 passengers to Shetland. En route from Andalnes, Norway, to Torshavn, Faroe


Swiber Gains $405.6 mi Contracts

Courtesy Swiber Holdings

  Business momentum is fast picking up at Swiber Holdings Limited despite the downturn in the oil and gas industry as the Group clinches a total of US$405.6 million for a series of contracts, including its latest US$333 million contract for Engineering, Procurement


APM Terminals Mumbai Welcomes China Shipping

APM Terminals Mumbai team commemorating HS Paris maiden call

  APM Terminals Mumbai welcomed China Shipping Container Line’s HS Paris on March 20th, on her maiden call as part of the Middle East-Indian Subcontinent-North America (MINA) Service, jointly operated by the United Arab Shipping Company, Hanjin Shipping, CMA CGM and China Shipping


Port Klang Ensures Faster Turnaround for CMA CGM KERGUELEN

The CMA CGM KERGUELEN welcomed with a unique arrangement at the Port Klang Terminal

  The CMA CGM Group reported that during the CMA CGM KERGUELEN first call at the Port Klang Port Terminal in Malaysia, the terminal set up a unique arrangement for the vessel: no less than 12 cranes were simultaneously used to match the vessel's exceptional length (398 meters) and capacity


Twelve Cranes Unload Mega Box Ship

Photo courtesy of CMA CGM

The 398-meter-long containership CMA CGM Kerguelen made its first call at the Port Klang Port Terminal in Malaysia, arriving to a very unique arrangement, the CMA CGM Group announced.   No less than 12 cranes were used simultaneously to match the vessel's exceptional length and capacity (17


Gulftainer’s Khorfakkan Terminal Sets Record Unloading

Image: Khorfakkan Container Terminal

 UAE based Gulftainer, a terminal operating and logistics company, set a new record for the handling of the largest unloading and loading of a single vessel call at its Khorfakkan Container Terminal (KCT), at 19,561 TEUs (Twenty-foot equivalent unit).  


Dry Bulk Shipping to Stay Low

Image by China COSCO Bulk Shipping (Group) Co., Ltd

 Goldman Sachs can't see an end to the dry cargo downturn until at least 2020 on a glut of vessels and stalling cargo growth, says a report in Bloomberg.   Overcapacity and low fuel prices are bound to keep low dry bulk shipping freight rates for the rest of the decade or even longer.


Arctic Sea Ice Decline

Photo: NASA

 Sea ice in the Arctic Ocean is at its lowest May level since records began in the 1980s, says Al Jazeera.    The lowest levels in the history of Arctic sea ice observation for this time of year and likely the lowest levels for hundreds, even thousands of years.  


UK Shipping Company Fined for Environmental Crimes

Norbulk Shipping UK Ltd, a company based in Glasgow, U.K., and operator of the reefer cargo ship M/V Murcia Carrier, pleaded guilty to failing to maintain an accurate oil record book in violation of the Act to Prevent Pollution from Ships (APPS) and providing false statements to the U.S


TransAtlantic Speed Record: Will it Ever be Broken Again?

The Incat built high speed catamaran Hoverspeed Great Britain, which broke the record winning  the Hales Trophy on 23 June 1990, held the record and the owners held the Trophy, until 1998 when another Incat built ship Catalonia took the record in June 1998, then just a month later in July 1998 yet another ship built by Incat, CatLink V broke the record.

Will the prestigious TransAtlantic speed and endurance record ever be broken? Should it? Twenty five years ago headlines around the world announced a new world record, the fastest crossing of the Atlantic Ocean, by a ship built in Australia.   


New Record Year in Dry Bulk Demolition Underway - BIMCO

Demolition activity in 2015

  The monthly average for the first six months in 2015 is 3.3m DWT. In 2014 the first half year averaged at 1.33m DWT per month.   April 2015 saw 5.36 million DWT being retired from active service, which was the highest on record ever for a single month






 
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