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.
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.
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
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
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
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
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
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.
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
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
Xeneta, a global benchmarking and market intelligence platform for containerized ocean freight, believes that the UK’s decision to leave the European Union will impact negatively on all parties involved in the container shipping segment – from shippers
The Global Wind Energy Council (GWEC) launched a new report: “Supply Chain, Port Infrastructure and Logistics Study” for offshore wind development in the states of Gujarat and Tamil Nadu in India. This study is a significant step forward in preparing a roadmap for
The 127,500dwt Solitaire has completed some of the most challenging projects in which heavy pipe has been laid in very deep waters. Originally built in Japan as a mini-Capesize bulk carrier, the Lloyd’s Register-classed vessel was converted to lay pipe in 1998
Ocean carriers achieved a six-month high for liner service reliability in May, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The on-time average of 76.0% for the 10 trades covered was a 4
Chemical shipping company Navig8 Chemical Tankers Inc. has taken delivery of its first stainless steel chemical tanker, the Navig8 Sirius, from Japanese shipbuilder Kitanihon Shipbuilding Co. Ltd. Navig8 Sirius is a 25,000 DWT stainless steel chemical tanker.
The OW saga - UAE Federal Supreme Court decides that physical suppliers of bunkers have no right to recourse against Owners/Charterers. In the first decision on the issue from the most senior court in the country, the UAE Federal Supreme Court has decided that physical suppliers of bunkers have
Chinese iron ore imports account for around two thirds of global seaborne iron ore shipments, making it the key driver of Capesize employment. Clarksons Research Report. While the hike in Chinese iron ore imports in the year to date has supported Capesize demand
Starting July 1, Crowley Maritime Corporation will offer weekly, fixed-day, less-than-container-load (LCL) shipping services from Houston to 33 port destinations throughout the Caribbean Basin, the shipper announced today. The new logistics service is designed to enhance supply chain
One of Maersk Line's innovations turns the reefer container into a digitally connected device! "At Maersk Line, we’re always looking for ways to improve cargo care on behalf of our customers. As the world’s biggest container shipping company
The Indonesian president will travel to the Natuna Islands for the first time on Thursday to assert Indonesia's sovereignty, a senior official said, after China said earlier this week it had an "overlapping claim" over nearby waters.
U.S.-flag Great Lakes freighters (lakers) moved 9.5 million tons of cargo in May, a decrease of 12.5 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. The May float was also 5 percent below the month’s five-year average.
The second of two Damen Shoalbuster 3009 multi-purpose workboats for SMIT Amandla Marine has been named in a ceremony at Damen Shipyards Cape Town, South Africa. With De Beers Group Services the end client, the Lady Sponsor for the occasion was Mrs Adri Nelson
Polarcus Limited announced the award of share options to two Primary Insiders. 500,000 share options were granted to the Company's newly appointed General Counsel, Mr. Caleb Raywood, and 500,000 share options were granted to Mrs. Tamzin Steel in the newly created position of Senior Vice President
MacGregor, part of Cargotec, has launched a fiber-rope retrofit option for its subsea cranes; the modular upgrade replaces the crane's original steel wire rope with synthetic fiber rope, using the same technology as MacGregor’s fiber-rope crane, the FiberTrac 1500
Overall cargo volumes at the Port of Los Angeles increased nearly 11 percent in May compared to the same period last year, marking the busiest May in the Port’s 109-year history. Total volumes registered at 770,409 Twenty-Foot Equivalents (TEUs), with container growth of 8