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Pilotage Rates

Dredging Permits for Bayport & Barbours Cut Expected Soon

Port of Houston logo

Following the recent meeting of the Port Commission of the Port of Houston Authority, the following news items  of note were released. Dredging The Port Commission approved a $68 million construction contract with Orion Construction L.P. for Bayport and Barbours Cut channel improvements. These significant dredging projects will begin, following issuance of U.S. Army Corps of Engineers permits and approval of its assumption of maintenance of the channels, Executive Director Roger Guenther reported. Pilotage rates agreement In her role as Chairman of the Board of Pilot Commissioners, Chairman Longoria commended the Houston Pilots and maritime industry representatives for working cooperatively, with goodwill, and on behalf of the best interests of port stakeholders as they reached an agreement for 2014, 2015 and 2016 pilot rates. The Pilot Board went on to approve the agreement at today's meeting. Port's monthy financial & cargo report The Port Authority's monthly financial and cargo report for February 2014 shows solid results, and Guenther added that facility operations showed strong results during the first two months of the year. Year-to-date operating revenue is up $2 million, net operating income is up $2 million, and cash flow is up $2.2 million, after setting aside two non-recurring revenue events from early 2013, which caused an overall decrease in those categories.


Shipping Associations, Danish Maritime Authorities Join Forces

In the wake of IMO resolution MSC.138(76) recommending the use of pilot for ships navigating through the entrances to the Baltic Sea, international shipping associations and Danish maritime authorities have joined forces to find ways to further enhance the safety of navigation through the entrances to the Baltic Sea. This will be accomplished by an open transparent dialogue between pilotage service providers and users


Louisiana Revises Pilotage Oversight

The Louisiana legislature has adopted and forwarded to the Governor a bill that will create a single Pilotage Fee Commission and the Board of Louisiana River Pilot Review and Oversight. Fees for pilotage in Louisiana waters will, under this bill, be established by the Pilotage Fee Commission, rather than by the various pilot associations. Meetings of the Commission will be open. House Bill 1708 (HK Law).


Intertanko/Intercargo, DMA Join Forces on Pilotage

As a result of mutual discussions, Intertanko and Intercargo and the Danish Maritime Authority (DMA) agree to set up a Joint Pilotage User Group. The group will also be joined by the Royal Danish Administration of Navigation and Hydrography (RDANH). Intertanko will also be seeking support from its industry partners to support this initiative and participate in the group. The background of this industry-government initiative relates to the concerns expressed by the Danish Maritime regarding the


Bureau Veritas Issues ISPO Certificate to Port of Cork

Cork Pilot disembarking  (Photo: Bureau Veritas)

Classification society Bureau Veritas has issued its first certificate under the ISPO (International Standard for Maritime Pilot Organizations) standard of best practice for pilots and pilot organizations to the Pilotage Authority, Port of Cork, Ireland. The ISPO certification covers the Pilotage services and Vessel Traffic Management System. The ISPO is an accessible industry specific standard, managed by a group of users


Ships Collide Causing Damage at Lagos Port

A container ship, the MSC Pillar, which was on its way to Tin Can Island Port, has run into another ship on anchorage, inflicting severe damage on the vessel at the Lagos Port Complex, Apapa. Josco Suzhou, a 35,000 metric tonne vessel laden with 6,524 metric tonnes of bulk gypsum, was discharging at Berth 19 of the port complex at the weekend inside the terminal owned by Greenview Development Nigeria Ltd. when the MSC Pilar came on it.


Sydney Ports Closed

Sydney Harbour is Australias premier cruise ship destination and the only port in Australia with two dedicated cruise passenger terminals

  Sydney Ports advises that all pilotage services have been suspended at Port Botany from 0630 hours local time September 23, and at Sydney (Port Jackson) from 0730, due strong winds and high swells of up to 7 meters. Sydney Ports advises that all pilotage services have been suspended at Port Botany from 0630 September 23 , and at Sydney (Port Jackson) from 0730  September 23 due to strong winds and high swells, up to 7 meters.


Increase of Pilot use into Baltic Sea

On the September 6, the members of the Joint Pilotage User Group (JPUG) INTERTANKO, INTERCARGO, ICS, OCIMF, BIMCO, Danish Maritime Authority and Danish Royal Administration of Navigation and Hydrography expressed their satisfaction with the increase in ships that are using pilots to navigate through the entrance to the Baltic Sea, route-T. Current statistics indicate a continuing increase in the number of ships that take a pilot in this area and also an increase in the use of a Pilot


Shetland Cadets To Receive Advanced Simulator Complex From Transas

Transas UK has won a competitive tender for the design, supply and installation of a new simulation complex at the North Atlantic Fisheries College, Scalloway, Shetland. According to this contract, in early 2002, Transas will replace the customer’s existing Norcontrol simulation facilities. The new complex will comprise a full mission bridge simulator, with 180 degree visual system, including two ARPA radars /ECDIS /conning and ship controls


PCA Announce New Booking & Service Tariff

Panama Canal Photo PCA

New booking tariff for neopanamax locks & changes to other service tariffs Friday, March 11, 2016, Panama Canal, Panama  The Panama Canal Authority (PCA) announced the following new booking and PCSOPEP tariffs for the neopanamax vessels and modifications to other pilot related tariffs, in preparation for the upcoming opening of the neopanamax locks. NEW BOOKING TARIFFS FOR  NEOPANAMAX AND PANAMAX PLUS VESSELS


Moody's: Challenges Ahead for Asian Port Operators

Mundra Port. Photo: Adani Group

 Moody's Investors Service says lackluster global growth, weak commodity prices, high capital expenditure commitments and a liner industry struggling with overcapacity is testing the resilience of Asian port operators.   "While the rated port operators in Asia have scope for cost


Asia Tankers-VLCC Rates Falter on Oil, Tanker Supplies

File Image: A VLCC at sea (EuroNav)

MidEast, West Africa rates hit 11-month low. Freight rates for very large crude carriers (VLCCs), which hit an 11-month low this week, could slide further next week amid a seasonal slowdown exacerbated by strong vessel supply, shipping executives said.


Asia-N.Europe Box Rates Jump 58 pct

File Image: A CMA CGM Containership (Marad)

Freight rates for shipping containers from ports in Asia to Northern Europe jumped 58 percent to $1,125 per 20-foot container (TEU) in the week ending Friday, a person with access to data from the Shanghai Containerized Freight Index told Reuters.


Asia Dry Bulk-Capesize Steady as Owners Spurn Low Rates

Owners anchoring ships rather than fix at low rates. W. Australia-China capesize rates hit over two-month low. Freight rates for large capesize dry cargo ships on key Asian routes are likely to hold steady as ship owners resist charterers' attempts to push rates lower amid a dearth of cargo


Baltic Index Down as Rates for Large Vessels Stay Weak

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday on weaker rates for larger vessels and supramaxes.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Broad Declines drag Baltic Index down

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday on lower rates for capesize, panamax and supramax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Falls on Weak Freight Rates

Freight rates across most bulk sectors fell on Monday. File Image (Credit BSM)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday due to weaker rates across all segments, except handysizes. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Asia-N.Europe Box Rates Fall 8.1 pct

File Image (Credit: GPA)

Freight rates for transporting containers from ports in Asia to Northern Europe fell 8.1 percent to $713 per 20-foot container (TEU) in the week ended on Friday, the Shanghai Containerized Freight Index showed according to a source with access to the data.


Asia Tankers-VLCC Rates to Hold, Ample Tonnage Weighs

file image: a VLCC transits the Suez Canal (Suez Canal Authority)

"Pure" chartering market with little disruption. Rates to hold around W45 for Middle East; W48 for West Africa. Freight rates for very large crude carriers (VLCCs) are likely to hold steady around existing levels as new vessel deliveries and a reduction in port delays weigh on a ample


Baltic Index Falls for Third Straight Day

File Image: A FedNav Bulk Vessel (FedNav)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the third straight day on Thursday due to weaker rates for larger vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Asia Dry Bulk-Capesize Owners Remain Confident

File Image: typical bulk carrier underway (BSM)

Number of idle ships down to around 15, from 70 in early 2016 - broker. Freight rates for large capesize dry cargo ships on key Asian routes could nudge lower next week although they are generally expected to remain around the current levels, ship brokers said.


Capesize, Panamax Vessels Drag down Baltic Index

file image: a so-called ValeMax Bulk Carrier (Vale)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday due to weaker rates for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Fitch Affirms Adani Ports and SEZ at ‘BBB-‘

Photo Courtesy Adani & SEZ

Adani Ports and Special Economic Zone Limited (APSEZ) today informed the Stock Exchanges that Fitch Ratings, Singapore has affirmed India-based APSEZ’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘.  


Saab's KleinPort Contracted for Curacao Ports Authority

Photo courtesy of Curacao Ports Authority

Defence and security company Saab has been awarded a contract from the Curacao Ports Authority to install the latest version of Saab’s KleinPort for the Authority’s new Harbor Management System. Curacao Ports will be using KleinPort to manage its multi-harbor operations


Maersk Line Lowers Asia-Europe Freight Rates

Photo courtesy of Maersk

Maersk Line, the world's largest container shipping company, told its clients on Tuesday it will set the maximum freight rate from Far East Asia to Europe at $1,250 per 20-foot container (TEU) as of August 1, down by $200 from the previous month's comparable rate.  






 
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