Australia and the Republic of Korea participated in Exercise Haedoli-Wallaby, a bilateral anti-submarine warfare exercise, from November 1-3. The biennial exercise demonstrates a shared commitment by Australia and the Republic of Korea to regional security and security of the Korean peninsula. Royal Australian Navy frigates HMA Ships Parramatta and Melbourne and a Royal Australian Air Force P-8 maritime patrol aircraft participated with six Republic of Korea ships…
APM Terminals Vado Aims to be Gateway to Central Europe
APM Terminals Vado, Italy Managing Director Paolo Cornetto highlighted the future role of the deepwater APM Terminals Vado facility, now under construction, as a new southern gateway to Central Europe. “We designed our new port around liner customers - and our landside customers – the importers, exporters and truckers - to help them do more business by tapping into the 70 million-member consumer market of northern Italy…
USS Coronado Departs Singapore
The littoral combat ship USS Coronado (LCS 4) departed Singapore Nov. 4 after completing a 14-month rotational deployment to Southeast Asia. During the deployment, the ship and crew operated with navies of 16 partner nations, participated in 11 multilateral and bilateral exercises, and made 10 strategic port visits across the region. "The rotational deployment of USS Coronado demonstrated the relevance of LCS as a platform tailor made for the dynamic and congested sea lanes…
Algoma Niagara Arrives Sept Iles Port
Algoma Central Corporation, a leading provider of marine transportation services, announced that the first Equinox Class self-unloader, the seaway-max size Algoma Niagara, arrived at the Canadian port of Sept Iles, Quebec on November 1st. The Algoma Niagara is the fifth Equinox Class vessel in Canada and she joins her four gearless sister ships in the Algoma fleet. The vessel is currently undergoing inspections and re-flagging as a Canadian vessel before beginning commercial operations.
Record-Low Volume Figures Continue Gothenburg Port
Container volumes at the Port of Gothenburg remain at historically low levels. Q3 figures show a fall of 28 per cent compared with the same period last year, even though the port has been free of industrial action and labour disputes. In contrast, other freight categories are doing well. Earlier this year, volume statistics for the first six months of 2017 clearly showed how the conflict between the Dockworkers’ Union and APM Terminals Gothenburg impacted negatively on container trade.
Craig Group Sells Shipping Business
Family-owned Craig Group, of Aberdeen, has sold its core North Star Shipping business to international investors Basalt Infrastructure Partners in a move described as “restructuring for a new era”. "North Star Shipping has been acquired by Basalt Infrastructure Partners. The existing senior management team, staff and crew of North Star will remain with North Star, under the new owners," said a press release from the company.
Cosco Shipping Ports to Build Freight Station at Khalifa Port
Abu Dhabi Ports and Cosco Shipping Ports Limited (CSP) and Abu Dhabi Ports broke ground for the construction of a new container terminal at Khalifa Port during a high-profile event on Sunday, reported WAM. The ports also signed an agreement with Abu Dhabi Ports Company for a container freight station, which is expected to be the largest in the region. The new container freight station will provide…
China Unveils Huge Island Building Vessel
China has has unveiled a massive island-building vessel, which has been called “a magic island-maker” by its designer and is considered the most powerful vessel of its type in Asia, the state media reported. Named Tian Kun Hao, the ship is reported to have a deck the size of nine basketball courts and be capable of dredging up to 6,000 cubic meters an hour and digging as deep as 35 meters under the sea floor.