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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


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


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.


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).


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


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


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.


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


Negative Outlook for Global Shipping Industry: Moody’s

Photo: Global Shippers Association (GSA)

 Moody's Japan K.K. says that its outlook for the global shipping industry over the next 12-18 months is negative.   "The negative outlook reflects our expectation that earnings will worsen, with freight rates likely to remain depressed amid ample supply," says Mariko Semetko


Demand for Helm CONNECT Software Soars ahead of Subchapter M

Subchapter M can impacts your business Courtesy Helm CONNECT.

Helm Operations  signed on more than 50 commercial maritime companies to its  maritime software, Helm CONNECT, many of whom are trying to prepare for the publication of Subchapter M.   Helm CONNECT’s customers come from a variety of commercial maritime industries


Asia Dry Bulk-Capesize Rates Could Rise in Short Term

File Image: a so-called ValeMax bulk carrier, commonly used in th Brazil-Asian trades (credit: Vale)

Shipowners seeking $10 per tonne from Brazil-China; dry cargo demand to remain subdued this year. Freight rates for large capesize dry cargo ships on key Asian routes may firm up next week on increased chartering activity, tighter tonnage supply and possible port disruption caused by bad


Asia Tankers-VLCC Rates to Climb Slowly

File image: a so-called SuezMax oil tanker (Suez Canal Authority)

Around 47 MidEast charters fixed for July loading so far; older tonnage and new vessels a drag on freight rates. Freight rates for very large crude carriers (VLCCs) are set to nudge higher next week after moving above nine-month lows on increased charters this week, ship brokers said on Friday


Asia Dry Bulk-Capesize Rates Firming on Cargo Volumes

File Image: a so-called ValeMax bulk vessel (Vale)

Tough measures needed to achieve profitability -BIMCO. Freight rates for large capesize dry cargo ships on key Asian routes are likely to hold around current levels or nudge slightly higher next week on buoyant cargo volumes, likely supported by a raft of off-market charters, ship brokers said


Asia-N.Europe Box Rates Rise 6 pct

File Image: a containership works cargo in the port of Hamburg (credit: port of Hamburg)

Freight rates for transporting containers from ports in Asia to Northern Europe rose 5.7 percent to $761 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.


Asia Tankers-VLCC Rates Strengthen on June Charters

30-40 Mid-East VLCC cargoes still to be contracted for June; Posidonia shipping event next week in Greece may dampen activity. Freight rates for very large crude carriers (VLCCs) could rise next week as charterers complete their June loading programme


East-West Shippers see Acceleration in Container Contract Rate Cuts - Drewry

Photo AFP

Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18% between February and May, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates


East-West Shippers See Acceleration in Container Contract Rate Cuts

Image: Drewry

 Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18% between February and May, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight


Maersk Line Seeks to Raise Asia-Europe Freight Rate

Photo: Maersk Line

Maersk Line, the world's largest container shipping company, told its clients on Tuesday it will set the freight rate from Far East Asia to Europe at $1,450 per 20-foot container (TEU) as of July 1.   The announced increase, which applies to all kinds of freight


Asia Dry Bulk, Capesize Rates Set to Diverge

File Image: a so-called ValeMax bulk vessel, commonly used to move bulk from Brazil to Asian markets (Vale)

Rates from Australia to fall, Brazil rates to nudge higher. Freight rates for large capesize dry cargo ships on key Asian routes could diverge next week with rates from Australia to China trending lower on weaker sentiment while prices from Brazil to China could rise on tight vessel supply


Asia-N.Europe Box Rates Plunge

File Image: Trelleborg

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17.8 percent to $540 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.


Baltic Index Down on Weak Capesize Demand

 The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Friday due to lower rates for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 11 points


Seaspan Rejects Hanjin’s Proposal on Charter Rate

Photo: Hanjin Shipping

 The container ship-leasing company Seaspan Corp declined Hanjin Shipping Co.’s request for a cut in charter rates by about 30 percent, dealing a blow to efforts by South Korea’s biggest liner to revamp debt amid a prolonged trade slump, reports Bloomberg.  


Recovering Freight Rates Pose Risks for Shippers

File photo: Chamendra Wimalasena

According to Xeneta’s global database of over 12 million contracted ocean freight rates, the containership market is staging a small recovery, with short-term rates rising, suggesting long-term costs could soon follow suit. This may be positive news for carriers






 
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