Marine link
 

Sea Containers

Sea Containers Sells Remaining Properties in Newhaven Port

Sea Containers Ltd. has completed the sale of Newhaven Marina, West Quay and Railway Quay in Newhaven, East Sussex, England to Oakdene Homes PLC for $20.7 million (GBP11.25 million) in cash. Sea Containers will report a profit on the transaction of $10.4 million in the fourth quarter of 2005 and proceeds from the sale will be used to reduce company debt. Sea Containers has now sold almost all of its port property interests in the UK and the sale forms part of Sea Containers' ongoing strategy to focus on its core businesses.


Sea Containers Posts Loss

Marine transport company Sea Containers Ltd. posted a fourth-quarter loss, versus a profit a year earlier, citing a bigger fuel bill and a drop in demand for container rentals. The company posted a net loss of $15.8 million, or 85 cents per share, compared with a profit of $8.0 million, or 43 cents per share, a year earlier. Shares of Sea Containers closed on Tuesday at $19.90 on the New York stock Exchange, above a 52-week low of $18.50 and off a year high of $29.69. - (Reuters)


Sea Containers Sells Isle of Man Steam Packet

Sea Containers has sold the Isle of Man Steam Packet Company to Montagu Private Equity Limited for $233 million, with effect on June 30, 2003. The profit on this transaction will be $100 million, however, the company has decided to establish provisions for the restructuring of its fast ferry business and to reduce the carrying value of certain assets to current market value. Total provisions will be approx. $40 million.


Sea Containers Introduce New Fast Craft

Sea Containers introduced the Ancona, Italy to Split, Croatia route operated by its joint venture with SNAV, a subsidiary of the Mediterranean Shipping Company. The seasonal service, which started in 2000 and has carried nearly 75,000 passengers and 15,000 vehicles to date, has proved so popular that a larger craft is needed. The high speed catamaran Felix which was built in 1996 and previously operated between Spain and Morocco, will appear in the now familiar Croazia Jet livery


Giant Photo Dominates Jubilee River Thames

Photo credit Dearbrook Group

Sea Containers celebrates the Diamond Jubilee by displaying the largest ever photograph of the Royal Family Sea Containers, by Blackfriars Bridge, was covered with the giant picture measuring 100m by 70m and weighing in at nearly two tons. The image was erected by a team of eight people over 45 hours. It is due to remain in place until the end of June. The 'Sea Containers' building was originally built as a hotel in the mid 1970's but opened instead as offices


New Automated Container Loading System

Finland's Actiw Oy contracted to supply 14 automated container loading systems that speed up containerization of palletised goods The contrat is with Tecnimont SpA, main EPC subsidiary of the Maire Tecnimont Group, Italy, for delivery to an end customer in the petrochemical industry in the United Arab Emirates. The system is the first of its kind where product pallets coming from palletizing lines are fully automatically transferred and loaded into standard sea containers


U.S. Customs Publishes Regulations

U.S. Customs Commissioner Robert C. Bonner announced the publication of final Customs regulations requiring sea carriers to provide cargo manifests 24 hours prior to the lading of cargo at foreign ports for shipment to the United States. This information is required in advance to enable U.S. Customs to evaluate the terrorist risk of cargo containers. "Terrorist organizations pose an immediate and substantial threat to the global trading system


SeaStreak For Sale and Closes South Amboy Route

According to an Asbury Park Press report, the parent company of SeaStreak is putting the ferry business up for sale and closing its route between South Amboy and Manhattan. SeaStreak's Monmouth County routes between Highlands and Manhattan and Atlantic Highlands and Manhattan will continue. High fuel costs have hit SeaStreak hard, according to the report. The company is expected to lose $2.7 million this year, including a $1.3 million loss on the South Amboy route.


Former U.K. MCA Chief is Hatsu’s New Head

Maurice Storey, the former Chief Executive of the U.K. Maritime & Coastguard Agency (MCA), is to become Chairman of Evergreen Group’s U.K. affiliate Hatsu Marine Ltd., effective December 1, 2003, while Jason Lin continues as president of Hatsu Marine Ltd. Established in January 2002, Hatsu has its headquarters in London and currently owns a fleet of seven new U.K.-flag container vessels including five 6,332-teu ships currently operating in the transpacific trades


Pentalver Opens London Container Facility

Pentalver’s new site located next to London Gateway’s port gates (Photo: London Port Authority)

U.K. inland container service operator Pentalver opened a new five-acre site at the U.K.’s newest deep sea container port, DP World London Gateway, the London Port Authority announced.   Plans for the site – which will be built in two phases – were revealed in January and position Pentalver as the largest container service operator at the port. The new yard, located adjacent to the port’s main gate, can be expanded to nine acres over the coming years.  


Hot Month at Marseille Fos

In contrast to an international downturn, French port Marseille Fos has reported exceptional results for July with 7.8 million metric tons of cargo and 387,000 passengers – up by 18.6 percent and 13 percent respectively on the same month last year.  


BG Freight Line Orders Four Containerships

Image: BG Freight Line

BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made short sea container feeder vessels optimized for the company’s Irish Sea Hub services.    The new class of ‘green’ vessels has been developed by BG Freight Line operation with


44 Hanjin Ships Denied Access to Ports

Photo: Hanjin Shipping Co Ltd

 Some 44 of Hanjin Shipping Co Ltd's ships have been so far denied access to ports while 1 ship has been seized, Reuters reports quoting a company spokeswoman.   The 44 ships include instances where port service providers such as lashing firms have denied service


Salalah Port's Volume Surges

Salalah container berth

Container throughput at the Port of Salalah, part of the APM Terminals Global Terminal Network, reached 1.584 million TEU* in the first half of 2016, representing a 29% increase over volume handled during the same period the year prior. The completion of a new deep-water General Cargo and


Containers Overboard; Response Continues

Barge container ship, Columbia Elizabeth, is towed to Port of Palm Beach, Dec. 6, 2015. While enroute to Puerto Rico, several cargo containers fell overboard off the coast of Port Canaveral, Fla. (U.S. Coast Guard photo)

The U.S. Coast Guard said it continues to respond to the loss of containers from the barge Columbia Elizabeth, which reported losing multiple containers into the sea between Cape Canaveral and Palm Beach, Florida, Sunday. Marine prevention teams from Coast Guard Sector Miami and Marine Safety


ABP Port of Southampton Welcomes its Latest Record-Breaker

Photo: ABP Port of Southampton

 The biggest container ship in the world, the MSC Maya, made its maiden call at Southampton on Tuesday 15 December.    The 395.4m vessel, which can carry a world-leading 19,224 containers, is just the latest giant container vessel to call at the port in recent weeks.  


DP World London Gateway Hires Head of Commercial Port

James Leeson (Photo: DP World London Gateway)

James Leeson starts in role at the UK’s newest deep-sea container port, with Tabare Dominguez promoted to role in Vancouver   DP World London Gateway Port has appointed James Leeson to the role of Head of Port Commercial following the announcement that Tabare Dominguez is to become


UK Shipping Minister Visits Liverpool2 Site

L-R: Gary Hodgson, Chief Operating Officer, Peel Ports with Shipping Minister Robert Goodwill MP at Liverpool2 (Photo: Peel Ports)

U.K. Shipping Minister Robert Goodwill MP has welcomed the investment being made by Peel Ports during a March 10 visit to the company’s Liverpool2 container terminal.    Upon opening later this year, Liverpool2 will become one of Europe’s most modern and advanced


UK Opens Maritime Knowledge Hub in Birkenhead

Construction at the new USD 500 million container terminal Port of Liverpool. Photo: Port of Liverpool

 UK Shipping Minister Robert Goodwill MP has formally opened a new ‘Maritime Knowledge Hub’ in Wirral, UK, jointly operated by Mersey Maritime and Liverpool John Moores University.   Operated jointly by sector development organisation Mersey Maritime and Liverpool John


Peel Ports Wins Carmen Award

L - R The Master Carman, Mr Mark Griffiths; The Rt. Hon The Lord Mayor of London, Alderman the Lord Mountevans; Patrick Walters, Group Commercial Director, Peel Ports; Mark Whitworth, Chief Executive, Peel Ports

Peel Ports has been recognised for its commitment to environmental stewardship in the delivery of its Manchester Ship Canal project by the prestigious and historic Carmen Awards.   The awards, which honour exceptional achievement in industry and individual enterprise


DP World Chairman meets French President at Investment Summit

The President of France, Francois Hollande, HE Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World and senior government and business leaders at the investment summit. Photo DP World

DP World Group Chairman and CEO HE Sultan Ahmed bin Sulayem recently met the President of France, Francois Hollande and senior government and business leaders at a major investment summit at the Élysée Palace in Paris. France’s attractiveness as an investment location and DP


DP World Eyes France

Image: Générale de Manutention Portuaire (GMP)

 France is an attractive investment location for DP World’s projects related to infrastructure development, port centric development, distribution and export hubs, rail freight, customs, and other logistics topics, said DP World Group Chairman and CEO Sultan Ahmed bin Sulayem.  


Guidelines for Determining Containers Weight - DMA

Courtesy Danish Maritime Authortity

The Danish Maritime Authority has – in cooperation with a number of business organisations – drawn up three short guidelines on the regulations on the determination of the weight of packed sea containers. In February, the Danish Maritime Authority informed about future regulations


Ruscon Integrates Terminal Operations in Novorossiysk

File photo: RUSCON

RUSCON, a multimodal operator in Russia, is integrating its terminal operations close to the Black Sea port of Novorossiysk.   RUSCON’s Novorossiysk and Yug terminals have been cooperating and using shared software since 2014 but this move will ensure that total throughput will


DNV GL Commissions OVRT Test Unit for Wind Turbines

Photo: DNV GL

 DNV GL adds to its service offering  offers in the field of electrical measurement for renewable energy producers with a mobile test laboratory for carrying out “Over Voltage Ride Through” (OVRT) tests.   The first measurements have now been successfully started for a






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