Capesize Values Drag but Earnings Set to Rebound
Dry bulk asset values dropped sharply in November and have reached 16-year lows, partly driven by very weak sentiment over the near-term future for vessel earnings…
CMMI Backs New Container Weight Safety Measures
The Company of Master Mariners of India (CMMI) is backing new ‘container weight’ safety measures coming into force in 2016 to drive national exports of contained goods. It comes as the Mumbai based shipping association, which has more than 3,000 master mariners and captains within its membership ,prepares to present a whitepaper to the Indian Government’s Ministry of Shipping on December 21. The report…
GCT Deltaport is ‘Big Ship Ready’
Following breaking ground on its CAD$280 million GCT Deltaport Intermodal Yard Reconfiguration project in Port Metro Vancouver, GCT Canada has confirmed the order of two high-efficiency “megamax” ship-to-shore (STS) cranes from crane manufacturer Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC). Boasting a 23+ container wide outreach, the STS cranes will be capable of handling the largest vessels in service worldwide.
SENER Celebrates 50 Years of FORAN
The SENER Group division in Shanghai held a 50th anniversary celebration of FORAN system where it also presented its new version V80. More than 100 attendees from 40 companies including shipyards, design offices, classification societies, universities and partners attended the event. The event received endorsement from Embassy of Spain and CDTI (Spain’s Centre for the Development of Industrial Technology) with participation of representatives.
Treatment Standards Needed for Oily Galley Water
Marine regulators have been urged to introduce performance standards for the separation of fats from galley water before the oily mix enters the onboard treatment process and causes system failure.
Van Oord’s New Dredger Named
A naming ceremony was held at Damen Dredging Equipment in Nijkerk on November 16 for the second of Van Oord’s Damen Cutter Suction Dredgers (CSD) 650, the Mangystau, due to be delivered in the first week of January. The ceremony was attended by members of the Van Oord and Damen families. Damen received the first order for a CSD650 from dredging and marine contractor Van Oord at the end of 2014; the Ural River.
Canada, China Port Cities Reach Collaboration Pact
The Mayor of the Cape Breton Regional Municipality (CBRM) and the City of Dalian, Liaoning Province in the People’s Republic of China have signed a Memorandum of Understanding (MOU) laying the ground work for an official sister city relationship between the two regions and port cities. Like Sydney, Dalian is a port city. It boasts the largest ice free harbor in northern China and is one of the most modern in the world.
FPSO Turritella Financing Completed
The Turritella joint venture led by SBM Offshore has completed the project financing of FPSO Turritella for a total of $800 million. Project financing was secured…
Producers, Shippers in North American Food Fight
The North American spat pitting Canada and Mexico against the United States over meat labels has sown confusion among producers and shippers in all three countries…
Nordsee One Wind Farm Construction Kicks Off
DEME Group’s offshore marine engineering company GeoSea announced the start of the construction works for the offshore wind farm Nordsee One in the German North Sea. The Nordsee One offshore wind farm (85 percent Northland Power – 15 percent RWE) is situated approximately 40 kilometers north of the island of Juist and consists of 54 wind turbines which will be installed in water depths ranging between 25 and 29 meters.
South Carolina Sees Box Volume Jump
November container traffic drove a seven percent increase in South Carolina Ports Authority (SCPA) fiscal year-to-date volumes, with 831,627 twenty foot equivalent units (TEUs) handled since the fiscal year began in July. SCPA moved 153,594 TEUs last month, an increase of 6.5 percent over 144,218 TEUs handled in November 2014. As measured in pier containers, or total boxes handled, fiscal year-to-date volumes were up 5.7 percent with 468,776 boxes moving across SCPA docks since July.
US Seaports Eye Increased Funding
In reviewing the $1.15 trillion amount in the U.S. House-Senate conference agreement released last night for the fiscal 2016 omnibus appropriations bill (HR 2029), the American Association of Port Authorities (AAPA)—the unified and recognized voice of seaports in America—noted that there are significant funds to enhance U.S. port infrastructure. The largest increases are for the U.S. Army Corps of…
Crowley Selects Fuel Supplier for LNG Containerships
Crowley Puerto Rico Services, Inc. has selected Eagle LNG Partners as the liquefied natural gas (LNG)-supplier for the company’s new LNG-powered, Commitment Class ships, which will be delivered in 2017 for use in the U.S. mainland to Puerto Rico trade. To support Crowley’s LNG needs, Eagle LNG will build a natural gas liquefaction plant (LNG plant) offering a capacity of 200,000 gallons per day (87,000 gallons per day initially) in Jacksonville.
Marseille Fos Speeds Ship Call Procedures
The Marseille Fos port authority has introduced a new fully automated information system, Neptune Port, to simplify and harmonize administrative procedures for vessels…
Maritime Worries Over Ship Inspections
The Maritime Union of New Zealand is concerned about the reduction in monitoring of international shipping by Maritime New Zealand, the Government agency responsible for ensuring a “safe, secure and clean” maritime environment. Less than half of “Priority 1” vessels (49%) coming into New Zealand were inspected in the 2014/2015 year, according to Maritime New Zealand’s annual report. That is well beneath the target of 70% inspections for the year…
Marin Teknikk Design for Ultra Deep Offshore’s DSCV Newbuilds
Marin Teknikk has entered into a contract with Wuchang Shipbuilding Industry Group for delivery of Design & Engineering of two Diving & Construction vessels for Ultra Deep Offshore Ltd. in Singapore. The vessels are a newly developed MT6023 DSCV design, and will be equipped with an 18 men diving system for operations down to 300 m water depth. MT6023 DSCV is an advanced Diving- and Construction vessel developed for demanding operations worldwide.
ABP Port of Southampton Welcomes its Latest Record-Breaker
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. As well as being the biggest, the vessel, which is named after Maya Aponte the four-year-old daughter of MSC President and CEO Diego Aponte, uses cutting-edge technology to make it one of the greenest vessels on the sea.
UASC Loads a Record 18,601 TEUs on Board M.V. Al Muraykh
United Arab Shipping Company (UASC) announced a record breaking load of 18,601 TEUs on board M.V. Al Muraykh, one of the world’s three greenest vessels currently operated by UASC. The ultra-large container vessel departed Port Klang in Malaysia bound for Felixstowe - UK as part of AEC1 service carrying 18,601 TEUs. The vessel will be sailing for two weeks. This unprecedented westbound shipment is also UASC’s highest utilization to date of this very eco-efficient class…
New Incentive for Ships that Bunker LNG in Rotterdam
Rotterdam is introducing an additional incentive to bunker LNG, liquefied natural gas. The Port of Rotterdam Authority has reserved a total of EUR 1.5 million for this incentive. The scheme will apply until 2020. Up until this time, seagoing vessels that bunker LNG in Rotterdam can benefit from a 10% discount on gross seaport dues thanks to the new scheme. Allard Castelein – CEO of the Port of Rotterdam…
Drewry: Container Reliability Stable in November
Containership reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2%, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. Six of the 10 trades covered recorded month-on-month on-time improvements in November, but worse performances…