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Steel Chain

Cavotec Wins Major Container Terminal Cable Reel Order

Cavotec wins major cable reel order for Sri Lanka container port. Cavotec has won a substantial order for power and spreader cable reels for ship-to shore (STS) container cranes from the world’s largest port equipment manufacturer ZPMC. This project will see Cavotec electrical power and spreader cable reels fitted to 12 STS cranes for the China Merchant container terminal in the Port of Colombo, Sri Lanka. The cranes form an important element of the Colombo South Harbour Development Project, a $500-million initiative that is set to considerably enhance the capacity of Sri Lanka's main port. According to a report by the Xinhua news agency, the programme is the largest foreign direct investment project in Sri Lanka to date. The first 600m quay of the container terminal is scheduled to become operational in 2014, while the remaining two stages of the programme are to be completed in 2016. “This project reinforces our position as a trusted supplier to leading OEMs such as ZPMC. The considerable size of this order is also strongly positive for Cavotec,” says Gustavo Miller, Managing Director of Cavotec Shanghai. Cavotec products include automated mooring systems, shore power technologies, Panzerbelt cable protection systems, crane controllers, marine propulsion slip rings, power chains and connectors, radio remote controls, motorised cable reels and steel chains.


Tata Steel is crowning glory of HMS Queen Elizabeth

HMS Queen Elizabet

  Today’s naming ceremony of the aircraft carrier HMS Queen Elizabeth marks a major milestone in Tata Steel’s 12-year involvement in the project. In that time the company has supplied 40,000 tonnes of steel and developed three entirely new grades of lighter and stronger steel specifically for the future flagship of the Royal Navy. Tata Steel will also supply steel for the second carrier, HMS Prince of Wales.


APL Outlines Supply Chain Security Plan

On July 7, a supply chain security expert from global container carrier APL outlined practical steps that would help achieve an improvement in the safety of international trade at the Asia Pacific Economic Cooperation (APEC) Symposium. Focusing on the topic of Total Supply Chain Security, Earl Agron, Vice President of Security for APL, told the high-level audience of government, military and industry leaders in Singapore that the five key steps that would help improve supply chain security


Del Monte Reefer Headed in for Fix

Philippines-based Keppel Cebu Shipyard, part of Singapore’s Keppel Offshore & Marine, has secured the drydocking and repair contract for Del Monte’s 7,079 dwt reefer Lerida Carrier. This vessel is managed by Cyprus-based Dobson Fleet Management. The reefer arrived at the shipyard at the beginning of this week after unloading a cargo from Japan. Repairs are expected to take eight days to complete Work on the NK-classed vessels includes propeller and tailshaft survey


Signal Yard Upgrades Secure Drilling Rig Project

A subsidiary of Diamond Offshore Drilling, Inc. has awarded dockside shipyard work on the Ocean Baroness semisubmersible-drilling rig to Signal International, LLC. The rig is currently docked at Signal’s Pascagoula Mississippi East Yard undergoing mooring chain inspection and chain locker repairs, general steel renewals, piping upgrades and ABS survey work. Ongoing enhancements at the East Yard have enabled Signal to accommodate large semisubmersibles, such as the Baroness


GSL, Moran Iron Works Ink Deal

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In a deal that on the surface proves promising for vessel construction in the United States, Green Shipping Line (GSL) and Moran Iron Works (MIW) signed a teaming agreement to pursue marine construction projects in the United States.   GSL is headquartered in New York, NY and is in the process of facilitating the construction of a fleet of modern, fuel efficient Jones Act feeder vessels that offer shippers reliable


Port of Tacoma Submits Application for C-TPAT

The Port of Tacoma has submitted its application to become a member of the U.S. Customs' C-TPAT (Customs Trade Partnership Against Terrorism) program. C-TPAT is a joint government-business initiative designed to strengthen supply chain security and border security through cooperative relationships with members, which include air, rail and ocean carriers, brokers and manufacturers. Program membership was recently extended to terminal operators and port authorities.


Global Supply Chain Security

JimG Cover web.jpg

In this timely work, James Giermanski describes the advent and subsequent development of security operations in the global supply chain, outlining the respective contributions of governmental and nongovernmental stakeholders to this worldwide concern.   Global Supply Chain Security explores the potential impact of port-related catastrophic events in the United States and their effects worldwide, concentrating, in particular


CEVA Opens European Center of Logistics Excellence

CEVA logo with tagline

  CEVA Logistics, a leading global supply chain management company, today announced the opening of its first Center of Logistics Excellence in Europe. Situated in Ashby de la Zouch, United Kingdom, the opening marks CEVA’s third Center following the launch of Centers in Jacksonville and Singapore. The Centers demonstrate ‘real world’ logistics innovation through supply chain optimization and enhanced visibility


Hoover, First Reserve Announce Partnership

Hoover Container Solutions.jpg

Hoover Container Solutions has entered into an agreement to partner with First Reserve, the largest global private equity firm exclusively focused on energy. Financial terms of the transaction were not disclosed.   One of the global industry leaders in oilfield fluids container solutions, Hoover operates worldwide through 15 facilities in North and South America, Europe, Australia, the Middle East and Southeast Asia


First Ocean Ship of 2016 Docks into Indiana Port

Indiana Port Courtesy Port of Indiana

The Port of Indiana-Burns Harbor opened the 2016 international shipping season today with the arrival of the M.V. Lubie , a 623-foot bulk carrier from Europe. To commemorate the first ocean vessel of the year, the captain was presented with the Port of Indiana 'Steel Stein.'  


Nauta Yard Cuts First Steel for Trawler Newbuild

Photo: Nauta Shipyard

Newbuilding Department of Nauta Shipyard has begun construction of fully equipped fishing vessel - Ocean Star with a steel cutting ceremony held on April 26. The ceremony was attended by representatives of shipowner, DnV and Warthill Design .


SPS Deck Reinstatement for Canadian Fishing Vessel

Photo: IE

IE has repaired the deck of a Ueushuk Fisheries Ltd owned fixed gear vessel, the Atlantic Optimist.  The existing steelwork on board the vessel was badly corroded, access tight and a crop-and-replace repair was an unattractive option.  


POSCO Production at Indiana Ports to start in 2017

The fifth largest steel producer in the world, South Korea’s POSCO, announced it will build a wire rod processing center at the Port of Indiana-Jeffersonville. Left to right Woon Hyun Yeo, Sales Director, POSCO; Kyu Tae Kim, Finance Director, POSCO; Kenny Hwang (sitting), President, POSCO-AAPC; Rob Waiz, Economic and Re-development Director, City of Jeffersonville; Mike Moore, Mayor, City of Jeffersonville; Scott Stewart, Port Director, Port of Indiana-Jeffersonville; Wendy Dant Chesser, CEO, On

Officials from POSCO, the Ports of Indiana and community leaders gathered to break ground today on POSCO's new wire rod processing center at the Port of Indiana-Jeffersonville. POSCO is a multinational company headquartered in Pohang, South Korea


Total, KOGAS Extend Cooperation on LNG

Image: Korea Gas Corp

 Korea Gas Corp, the world’s biggest importer of LNG, has struck deals with French giant Total to extend its reach into the liquefaction sector, reports Reuters.   Total has pledged to press forward with investment in LNG despite the downturn in oil and gas prices and has signed


India Defense Minister to Aid Shipping Growth

Manohar Parrikar (DoD file Photo by Glenn Fawcett)

As India’s shipping sector eyes continued growth in years to come, the country’s ministry of defense will ensure that the shipping sector receives the necessary assistance for growth, said Union Minister for Defense Manohar Parrikar.   


US Says China to Scrap Some Export Subsidies

China has agreed to scrap export subsidies on a range of products from metals to agriculture and textiles, the United States said on Thursday, in a step by Beijing to reduce trade frictions with Washington.   China is to end a program known as its "demonstration bases-common service


Essar Ports Handles Record Volume

Courtesy Essar Ports

On the back of increased production by its anchor customers, Essar Ports Limited (EPL) has registered significant growth in cargo handling over the last three months. In March 2016 alone, EPL’s four operational ports handled total cargoes of 6


Stars Still Shining for Seaborne Trade?

Graph: Clarksons Research

 As the pace of growth in Chinese seaborne imports has slowed, and prospects for a return to stronger rates of expansion appear to have diminished, focus on the potential for other countries to help provide impetus to global seaborne trade growth has increased, says Clarksons Research report


Austal Lines up Long-term Patrol Boat Work

Austal Pacific Patrol Boat Replacement Design (Image: Austal)

Australia based shipbuilder Austal Limited has been awarded preferred tenderer status by the Commonwealth of Australia for the Pacific Patrol Boats Replacement (PPBR) Project involving the construction of up to 21 steel-hulled patrol vessels and through life sustainment over 30 years in a total


Capesize ‘Uptick’ Not Strong Enough for an Upsurge

A rise in iron ore trade, higher steel prices and increased scrapping have all contributed to recent improvements but the outlook is fragile April 19, 2016. The latest Dry Bulk Freight Forecaster from Maritime Strategies International* analyses the recent uptick in the Capesize market and


POSCO Plans Port Plant at Indiana-Jeffersonville

Courtesy Port of Indiana

POSCO, a multinational company headquartered in Pohang, South Korea, and the fifth-largest steel producer in the world, has announced plans to build a wire rod processing center at the Port of Indiana-Jeffersonville, creating up to 60 high-wage jobs by 2018


Liner Reliability Bucks Downward Trend - Drewry

Drewry containership reliability by trade, March 2016.

Ocean carriers bucked a five-month downwards trend by improving container service reliability in March, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The average on-time performance in March gained 5


Liner Reliability Bucks Downward Trend

Graph: Drewry Shipping Consultants Limited

 Ocean carriers bucked a five-month downwards trend by improving container service reliability in March, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.   The average on-time performance in March gained 5


Agreement on Wreck Removal MV Flinterstar

Photos courtesy of SCALDIS

Flinterstar III BV, the owner of the Dutch freighter MV Flinterstar, has entered into a contract with a consortium of Belgian marine contractors to remove the wreck of the vessel which sank in the North Sea off the coast of Zeebrugge following a collision last October.  






 
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