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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


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.


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 Port Tariff to Rise

A Port Tariff increase will come into effect for New South Wales ports covering Sydney (Gore Bay, Port Botany and Kurnell) from August 1, 2014, GAC reported in its daily Hot Port News report. Sydney Ports has determined that an increase in Statutory Charges of 9.64% is required for all commercial ships and related cargo arriving in the port to help cover navigation services, pilotage and site occupation for non-passenger vessels. Source: GAC


Le Havre Utilizes Transas Simulator

Pilotage Maritimes du Havre, the famous French pilot station, has chosen a Transas bridge simulator to be used for training professional seafarers at their premises. The contract for supplying and installing the simulator, as well as for dedicated Instructor training, has been secured by Transas Europe GmbH, the official representative of the Transas Group in Western Europe, in close cooperation with Electronic Equipment S.A., their local partner in France.


Conn. Marine Pilot License Solicitation

As authorized by the Connecticut General Statute Sec 15-13, the Commissioner of the Connecticut Department of Transportation is soliciting applications from qualified mariners interested in receiving a marine pilot license from the State of Connecticut to work on the Connecticut side of the Joint Rotation of Pilots.  Application packages are to include the following information with documented proof: Name Social Security Number Date of birth


Maersk to Raise Freight Rates from Asia to Europe

Photo: Maersk

The world's biggest container shipping company Maersk Line, a unit of A.P. Moller-Maersk , said it plans to raise freight rates on routes from Asia to northern Europe by $400 per 20-foot container (TEU). The new rates will take effect from Sep


SCI Resorts to Rate Restoration

SCI Container vessel

  To meet increasing operational costs and maintain high level of reliability and proficiency to our Customers, The Shipping Corporation of India (SCI) has announced hike in rates on ISE and IPAK Service (Indian Subcontinent to Europe) w.e.f


Transpacific Container Shippers Aim for Rate Rise

Photo: Maersk

A container shipping organisation urged companies on Monday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU), corresponding to an increase of 14.2 percent from current levels, from Sept. 1. TSA (Transpacific Stabilization Agreement) said the planned increase follows


BIMCO: Bulk Market Awaits Freight Rates Lift

Photo courtesy of BIMCO

Dry Bulk Shipping: All eyes on Brazilian iron ore exports, as we await the long-anticipated lift in freight rates. Demand The freight market, which performed so well in Q1, has certainly not delivered in the past four months. BDI has dropped from 1,621 on March 20 to hit 747 on July 29


Asia-Europe Container Rates Fall Almost 11 pct

Containership_Marad.jpg

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 10.7 percent to $1,198 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.


Newport Shipping Upbeat on Dry Bulk Segment

newport shipping logo.png

Freight rates are set to rise across all dry bulk carrier segments as the global economic recovery gains momentum, ending the sector’s most bearish run since the start of the economic crisis in 2008/2009. According to the latest edition of Newport Shipping’s Dry Bulk Market Outlook


Mideast Crude Tanker Rates Struggle in Ship Glut

Crude oil tanker earnings on the major Middle East route were steady this week, helped by light bookings although rates have yet to rebound after a recent surge late last month. The world's benchmark VLCC export route from the Middle East Gulf (MEG) to Japan <DFRT-ME-JAP> on Thursday


Asia-N.Europe Container Freight Rates Jump 21%

Photo: Maersk

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 21 percent to $1,455 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 Dry Bulk Capesize Rates Stay Flat

Bulk carrier anon: File photo

Rates for capesize bulk carriers on key Asian routes are set to remain in the doldrums next week, staying flat or gaining just a few cents as an oversupply of ships weighs on cargo availability, ship brokers said. But there could be brighter prospects in the coming weeks on rates for voyages from


Mercator Lines Profit Hit by Low Bulk Freight Rate

Bulk carrier fore-deck: Image courtesy of Mercator Lines

Mercator Lines (Singapore) reported a revenue of US$ 16.5 million for Q1 2015, an increase of 19% as compared to correspoding period in the previous previous year, however a net loss of US$ 7.1 million for the quarter as against a loss of USD 6


Asia VLCC Rates Could Nudge Higher on Activity

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel chartering programme for the first 20 days of August, brokers said on Friday. The pause would come after charter rates from the Middle East to


Maersk Aims to Raise Aisia-Europe Freight Rates

Photo: Maersk

The world's biggest container shipping company Maersk Line, a unit of A.P. Moller-Maersk, said it planned to raise freight rates on routes from Asia to northern Europe by $450 per 20-foot container (TEU). The new rates will take effect from Aug. 1, the company told Reuters in an email on Friday


Asia-Europe Container Shipping Rate Falls 5.5%

Container ships bow: Photo courtesy of APL

Reportedly, shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 5.5 percent to $1,230 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.


UK Club Rating Upgraded by S&P to A (Stable)

Financial rating image credit UK Club

Leading P&I club, the UK Club informs it has received the full report from Standard and Poor (“S&P”) explaining its reasons for upgrading the Club's financial rating. Extracts follow: The report explains that, in assessing the Club’s business and financial risk profiles


Asia-Pacific Container Shipping Rate Hike on the Cards

Container ship: Photo APL

Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their organisation TSA said on Wednesday. Members of the TSA (Transpacific Stabilization Agreement) include 15 of the world's biggest container shipping






 
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