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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.


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


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


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


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


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


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

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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


GMATS Announces New Curriculum

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GMATS to expand global supply chain and maritime security curriculum. The Global Maritime and Transportation School is introducing two additional courses, as follows:   Fundamentals of Importing and Exporting   As a foundation of the Global Maritime and Transportation School's expanding Global Supply Chain and Cargo Security curriculum, the Fundamentals of Importing and Exporting is an essential two-day course that will give the student a basic understanding of importing


Fednav (Belgium) N.V. Celebrates its 50th Anniversary

Screenshot from FALLine video https://vimeo.com/165333562

Shortly after the inauguration of the Saint Lawrence Seaway in 1959, and the growth of grain exports that followed, bulk shipper Fednav realized that incoming steel products offered ideal repositioning from Belgium, and thus was launched regular service FALLine


ClassNK Updates Steel Ships Survey/Construction Guide

Classification society ClassNK has released printed versions of its 2016 Rules and Guidance for the Survey and Construction of Steel Ships.   ClassNK regularly reviews and revises its technical rules and guidance in order to ensure that they are relevant and up-to-date.  


Technip Bags Statoil's Umbilical Supply Contract

Courtesy Technip

Technip’s wholly-owned subsidiary Technip Umbilicals Ltd.(1) has been awarded a contract by Statoil ASA to supply the umbilical(2) to the Oseberg Vestflanken 2 field offshore Norway. This field is located approximately 8 kilometers North West of the Oseberg field center at block 30/9-30/6 on


HCI Group Takes Over 13 Feeder Containerships

Courtesy HCI Capital

The HCI Group and two other investors have taken over a total of thirteen ships from the loan portfolio of HSH Nordbank. The HCI Group structured the portfolio acquisition and is investing a substantial amount itself. The portfolio consists of thirteen feeder ships of between 800 and 1,800 TEU


DP World at China’s Belt & Road Summit

DP World Group Chairman and CEO, Sultan  			          Ahmed Bin Sulayem, with Chief Secretary for Administration of the Hong Kong Government, Ms Carrie Lam and UAE Minister of Economy, HE Sultan Bin Saeed Al Mansouri at the Belt and Road Summit in Hong Kong. Photo DP World

Global trade enabler DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem spoke at China’s Belt and Road Summit in Hong Kong this week highlighting the need for better international cross-sector connectivity in order to realise the significant trade potential.  


Turnbull Tours Austal’s Western Australia Yard

Prime Minister Malcolm Turnbull was joined by Senator Linda Reynolds and Senator Chris Back for the tour of Austal’s Henderson shipyard, hosted by Austal CEO David Singleton and Chairman John Rothwell. (Image: Rod Taylor/Austal)

 Austal Limited welcomed Australian Prime Minister Malcolm Turnbull to the company’s Henderson, Western Australia shipyard, demonstrating the facility’s naval shipbuilding capabilities, innovation and export success.  


ALP's Long-range Oceangoing Tug Named ALP Striker

ALP Striker (Photo: ALP)

ALP Striker, named at a ceremony held named on May 13, 2016, is the first of four ultra-long distance towing and anchor handling vessels for ALP Maritime Services, each with a bollard pull of approximately 300 metric tons.   The vessels of the SX157 design are a part of the ALP


US, Malaysia Bolster Port Security Partnership

Lt. Cmdr. Carlos Gavilanes (Far Right/Light Blue Shirt), Lt. Cmdr. Kevin Beaudoin (Brown Shirt), Lt. Alejandro Collazo (Light Blue Shirt/Hand Gesture) and Mr. Tivo Romero (Aloha Shirt). (Photo courtesy Penang Port Sdn Bhd.)

A U.S. Coast Guard International Port Security team completed a bilateral engagement with Malaysian officials in April.   This engagement involved sharing best practices and visiting with the Ministry of Infrastructure Marine and Ports Division to observe the implementation of the


Matson Launches China to New York LCL Service

 Matson Logistics Supply Chain Services is expanding its less-than-container-load (LCL) capabilities by offering direct fast transit from China to the New York and New Jersey markets.    The service is based on Matson’s China-Long Beach Express (CLX) service


EMR Invests £3m in Port of Tilbury

EMR signs 25 year deal & invests in Port of Tilbury

EMR, one of the world’s largest metal recycling companies has made a significant commitment to remaining in its existing Tilbury Dock facility. Not only has it just signed a new 25 year lease with the Port of Tilbury, it will be upgrading its facilities and investing around £3m in


Tracking Chinese Seaborne Trade

Graph: Clarksons Research

 One of the major drivers behind the challenges currently facing many of the shipping markets has been slower demand growth.    World seaborne trade grew by less than 2% in 2015, the slowest pace since 2009, with trends in China pivotal


Kim Heng Offshore Inks Pact with Iran Marine

Image: Kim Heng Offshore & Marine

 The Singapore-based  offshore services provider Kim Heng Offshore & Marine has signed a memorandum of understanding with the Iran Marine Fund (IMF)to provide its technical expertise and financing to Iranian offshore marine and oil & gas projects.  


Conrad Declares Dividend

Photo Conrad Industries, Inc.

Conrad Industries, Inc. which provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas, announced today that its Board of Directors has declared a quarterly dividend of $0.10 per share of common stock


China Steel, Iron Ore Slip Deeper into Bear Territory

Chinese steel and iron ore futures fell deeper into bear market territory on Thursday, as the country's exchanges unveiled more measures aimed at dampening the type of speculative trading behind a powerful rally last month.   The aggressive steps to limit speculative buying have helped fuel


US-flag Lakers Cargo Movements Up in April

U.S.-flag Great Lakes freighters (lakers) moved 7.3 million tons of cargo in April, an increase of 9.7 percent compared to a year ago and 7 percent above the month’s five-year average, according to the Lake Carriers’ Association (LCA).  






 
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