Marine Link
Friday, October 20, 2017

Ports World

Dubai Finishes Buying P&O

Reports indicate that Dubai Ports World, a state-owned international port operator, cleared its last major hurdle yesterday in acquiring a British company that helps run several U.S. terminals the companies said yesterday. The acquisition of Peninsular & Oriental Steam Navigation Co., whose shareholders agreed yesterday to accept Dubai Ports World's offer of 3.9 billion pounds, or $6.8 billion, in cash, would create the world's third-largest port operator, with 51 terminals in 30 countries. It will also give the aggressive Dubai a larger foothold in the booming trade between Asia and the United States. P&O officials have said they expect the company to be run separately out of London and do not expect changes in U.S. operations in New York, New Jersey, New Orleans, Philadelphia and Baltimore. P&O is the terminal operator and stevedore for container cargo at the Seagirt and Dundalk marine terminals, where it has about 65 employees. The Dubai Ports World's purchase of P&O has not drawn opposition from world regulators or U.S. Homeland Security officials, who have labeled ports as potential terrorist targets. Dubai Ports World, formerly Dubai Ports International, began as the port authority in Dubai. In 1999, it began aggressively buying up other port operations in the Middle East and around the world, Shaerf said.

Another Tanker Explosion Kills One

A January 5 report from Port World stated that an explosion on an oil tanker docked in the eastern Chinese province of Shandong has killed one person and left two others missing.valve-replacement works on the deck. (Source: Port World)

Briefing on DPW acquisition of P&O

The Senate Committee on Homeland Security and Governmental Affairs received a Briefing from Administration personnel on the Dubai Ports World (DPW) acquisition of the Peninsular & Oriental (P&O) company. Committee Chair Susan Collins (R-ME) issued a Press Release stating that she introduced a resolution calling for a thorough review and Congressional consultation before the transaction could proceed. Source: HK Law

Hearing on National Security and DPW Acquisition

On March 2, the House Armed Services Committee will conduct a Hearing on the national security implications of the Dubai Ports World acquisition of P&O Ports. source: HK Law

Bill Introduced Investigation of Port Facility Acquisition

Representative King (R-NY) introduced the Foreign Investment Security Improvement Act of 2006 (H.R. 4807) to require an investigation under the Defense Production Act of 1950 of the acquisition by Dubai Ports World of the Peninsular and Oriental Steam Navigation Company, and for other purposes. This is a companion bill to S. 2333, introduced earlier by Senator Schumer. source: HK Law

New Marina for Luxury Yachts at DP World's Rashid Port

Image: DP World

 DP World has announced plans to build a new marina for luxury yachts at Port Rashid in Dubai.   The project comes in response to an increased demand for luxury yachts. Tenders for construction will be invited soon.   The first phase of the project is scheduled to open by 2018, with a capacity of more than 400 boats and sailing yachts with lengths in the range of 15 to 35 metres. The second phase will be for luxury yachts berth with length of more than 100 metres. 

$1B Sought for Port Security

Sen. Robert Menendez, D-N.J., called on Congress on March 10 to fund technology that would scan 100 percent of the cargo containers entering America. Menendez wants Congress to add $1 billion to the 2006-07 federal budget to improve scanning technology, help developing countries improve their ability to inspect containers and provide for additional inspectors at U.S. ports. President Bush said Friday that he was troubled by the political storm that forced the reversal of a deal allowing

Mermaid Marine to Merge with P&O Maritime Services

Mermaid Marine Australia Ltd will merge with Dubai Ports World subsidiary P&O Maritime Services Pty Ltd through a share-trading arrangement. Mermaid will issue 221.9 million shares to DP World in return for 100 per cent of the shares in P&O Maritime Services Ltd and P&O Polar Australia Pty Ltd, subject to shareholder approval. The deal will result in DP World owning 60.4 per cent of Mermaid, with existing shareholders holding the remaining 39.4 per cent.

Ship Stowaways Expensive & Inconvenient Passengers

Rudder recess stoways: Photo courtesy of West of England P&I Club

The issue of stowaways is one which has existed ever since vessels began to trade. Although the number of people attempting to gain free passage to another country has varied significantly over the years, the problem still remains, says the West P&I Club in a recent loss prevention bulletin, extracted as follows:   In the twelve month period to the end of 2012 the Club handled 51 stowaway cases involving 125 persons

Antwerp Port Gears Up for Indian Trade Mission

Photo Port of Antwerp

True to its annual tradition the port of Antwerp is organizing a trade mission to India in February this year. Port Authority chairman Marc Van Peel will be accompanied on his visit to Delhi and Mumbai by Pieter De Crem, the Belgian secretary of state for Foreign Trade. The agenda includes among other things the annual Port of Antwerp reception, the presentation of an award to the Indian forwarders’ association and the opening of a new course offered by JNPT APEC Port Training Centre

Bahri Reinforces Americas Commitment

(Photo: Bahri)

Reinforcing its three-decade-long presence in North America, transportation and logistics firm Bahri took part in Breakbulk Americas, being held from October 17-19, in Houston.   The Bahri booth at Breakbulk Americas was opened by Mr. Sultan bin Abdullah Al-Angari, Consul General of Saudi Arabia in Houston, during a ribbon-cutting ceremony on the first day of the annual event in the presence of Amal Al-Ruwaii, Director for Trade and Investment

Canadian Legislation Will Interfere with International Maritime Trade, Says ICS

Photo:  International Chamber of Shipping

 The International Chamber of Shipping (ICS), representing the world’s national shipowners’ associations and 80% of the world merchant fleet, has voiced deep concern about a proposed legislation in Canada which it says will interfere with international maritime trade.         The Canadian Parliament is giving consideration to legislation that would have the effect of establishing a moratorium on the shipment of crude oil in the waters of Northern

Port of Amsterdam Signs Pact with Port of Fujairah

Photo: Port of Amsterdam

 Port of Amsterdam, STC-Group Holding and Iskes Towage & Salvage signed a Memorandum of Understanding (MoU) in Amsterdam with Port of Fujairah (PoF), one of the largest oil storage and bunkering hubs in the world. The agreement focuses on further strategic cooperation.   Located on the east coast of the United Arab Emirates, the port of Fujairah has seen tremendous growth in the past decades, turning from a regional multi-purpose Port into an important part of the global oil

Antwerp Port in Full Sustainable Transition

File Image: The Port of Antwerp

 The first Sustainability Congress was held on Tuesday 10 October with the launch of the fourth Sustainability Report which fully incorporates the 17 Sustainability Development Goals of the United Nations.   On this occasion the Port of Antwerp community also presented its revamped website www.sustainableportofantwerp.com with case studies and the latest information on the sustainable transition currently being implemented by companies in the port.   

San Diego Expecting Larger Cruise Season

Photo: Port of San Diego

 The Port of San Diego is preparing to welcome 83 cruise calls during the 2017-2018 cruise season, with a wide variety of itineraries visiting this inspiring destination. This season Holland America Line remains a strong presence on San Diego Bay along with continued growth from Disney Cruise Line. On Thursday, October 5, the Disney Wonder will be in port, along with Holland America Line’s Nieuw Amsterdam.  

Universal Energy Faces Millions in Claims

Universal Energy entered voluntary liquidation on Oct 3, tightening credit in Singapore's bunker fuel market.   Shipping fuel suppliers are filing millions of dollars in claims over unpaid marine fuel bills against now defunct Singapore-based peer Universal Energy, formerly one of the city state's largest bunker suppliers but which has now entered liquidation.   Universal Energy, ranked as Singapore's third-largest bunker fuel supplier by volume in 2016

Corpus Christi: Energy Port of the Americas

(Image Courtesy Port of Corpus Christi)

The Port of Corpus Christi lives up to its moniker ‘Energy Port of the Americas,’ as the movement of energy in and out dominates the port’s history and future. John P. LaRue, Executive Director, Port Corpus Christi recently visited Maritime Reporter’s headquarters in New York to discuss the nearly $50 billion in investment projects driving the port forward.   “Let’s just start with what we are and what we are not,” said LaRue

Antwerp to Implement “Zero Pellet Loss”

Photo: Port of Antwerp

 Unique collaboration between industry, logistics and transport to keep plastic out of the environment.   Plastics are found everywhere in modern life. The raw materials of which plastic products are made are polymers, usually delivered in the form of small pellets. Antwerp is the main polymer hub in Europe for production, handling and distribution of plastic pellets.    Every year, millions of pellets find their way via Antwerp to other hubs in Europe

Saab's Maritime Solution Protecting Great Barrier Reef

Photo: Saab AB

 As one of the wonders of the natural world, many consider the Great Barrier Reef one of the Earth’s most beautiful places.    The marine environment in the area is extremely sensitive and with around 4000 commercial vessels passing every year, it is important for the vessel services operators working onshore to keep track of the traffic at all times. That’s where Saab comes in.   Comprising nearly 3000 individual reefs and almost 100 islands

Gothenburg Port Extends Discount Period for Vessels

The Port of Gothenburg has opted for the third year in succession not to increase the charges set out in the Port Tariff. Photo: Gothenburg Port Authority

 Gothenburg Port Authority has opted to keep the Port Tariff unchanged for the third year in succession. The charges for 2018 will thus be on the same level as 2015.   Port charges are levied on all vessels that call at the Port of Gothenburg. The charges are based on vessel type and gross tonnage, and are used to finance a range of activities, including fairway maintenance, traffic information and port safety.  

JNPT's Cargo Traffic Grows by 6.26%

Photo: Jawaharlal Nehru Port Trust

 The Jawaharlal Nehru Port Trust (JNPT), India's largest container port, further improved its performance in the first six months of the current financial year by recording a 6.26 per cent growth in container cargo in terms of TEUs (5.57% in terms of tonnage) by handling 2.4 million TEUs as compared to 2.26 million TUEs in the corresponding period of the previous year.   Among the four terminals under JNPT, APM Terminal handled 9.90 lakh TEUSs, up 11

MOL's PBCF Reduces 3-5% in Fuel Consumption

New type of PBCF equipped on a ships propeller (red circled part in the image). Photo: Mitsui O.S.K. Lines

 Mitsui O.S.K. Lines (MOL) announced that its jointly developed Propeller Boss Cap Fins (PBCF) received the 2017 Nikkei Global Environmental Technology Award, which is presented by Nikkei Inc.   The PBCF, which is a device that improves propeller efficiency by breaking up the hub vortex generated behind the rotating propeller and offers an energy savings of around 3-5% compared to similar vessels not equipped with the PBCF, was co-developed by MOL

Contanda Secures Prime Waterfront Acreage on the Houston Ship Channel

Photo: Port Houston

 Contanda Terminals LLC,  a  provider of bulk liquid storage and logistics services in North America, has announced a multi-year commercial agreement with the Port of Houston Authority for 339 acres of prime deep-water access property located on the Houston Ship Channel.   The land acquisition enables Contanda to continue to develop its key strategic business objective of doubling its terminal storage capability over the next five years

BigRoll to Continue as Part of Roll Group

Photo: Roll Group

BigRoll will continue  services as part of Roll Group. With the merger of the BigRoll organization, Roll Group will expand its fleet with of two module carriers in combination with the five existing multifunctional heavy lift, semi-submersible Ro-Ro vessels. The combination of BigRoll and RollDock allows for greater flexibility and enables Roll Group to provide improved Ro-Ro solutions to clients. Roll Group can benefit from the many years of engineering and project execution experience

Maritime Professionals See the Future Coming Fast

NEXT GEN Presenters Collage Oct 2017 v6.jpg

Maritime professionals from all sectors operating sub IMO / sub 80 feet vessels are invited to participate in three one-day NEXT GENERATION Workshops. The dynamic program is being held at the Grand Harbour conference venue, overlooking the port of Southampton U.K., on October 24, 25 and 26, 2017.    The NEXT GEN Workshops each address aspects of operational safety for vessels, along with the safety and welfare of their crew and passengers

Maritime Reporter Magazine Cover Oct 2017 - The Marine Design Annual

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