Hapag-Lloyd: Expedition Fleet to Cruise Without Heavy Oil
Together with the introduction of new expedition cruise catalogues for the 2020-2021 season. Hapag-Lloyd Cruises has also announced that low-pollutant marine gas oil (MGO) will be used exclusively on all routes sailed by its expedition ships in the fleet - the HANSEATIC nature, the HANSEATIC inspiration and the BREMEN from July 2020. Joining the fleet in 2021, the HANSEATIC spirit will also use this fuel.The use of low-sulphur fuels in the Antarctic has been mandatory for several years and already Hapag-Lloyd Cruises uses marine gas oil voluntarily in other sensitive regions, such as the Arctic or Kamchatka. This low-pollutant fuel has a sulphur content of just 0.1 per cent.
First U.S. Crude Cargoes Head to China Since Trade Breakthrough
Three cargoes of U.S. crude are heading to China from the U.S. Gulf Coast, trade sources said on Monday, the first departures since late September and a 90-day pause in the two countries' trade war that began last month.The vessels left Galveston, Texas, last month and are scheduled to arrive at Chinese ports between late January and early March, according to shipbrokers and vessel tracking data. The shipments mark a change since Chinese buyers largely began avoiding U.S. oil during the trade dispute that flared last summer."It looks like China has resumed purchasing U.S.
IJmuiden Sea Lock Getting Ready
The construction activities on the site of the new sea lock in IJmuiden are in full swing, said Port of Amsterdam.More than 200,000 m3 of concrete have now been poured and still more will be poured in January and February, including concrete for the inner lock head (number 1 in the picture) and for the lock chamber (number 3 in the picture).Also in January and February, work will continue on the completion of the lock gates and on the local control buildings - which are now taking shape (numbers 4 in the picture).After a 44-day voyage from South Korea via Cape of Good Hope…
Semi-sub Rig Undergoes Long Distance Tow
Maersk Supply Service has completed the tow of a semi-submersible from Las Palmas to North-Western Australia. The tow was carried out by newbuild anchor handling tug supply vessel Maersk Master of the Starfish series, whose energy efficient design minimized fuel costs during transit.The first leg of the tow of the semi-submersible MODU rig was direct from Las Palmas to Cape Town. Maersk Master and the rig then rounded the Cape of Good Hope for a final port call in Port Louis,…
Brazilian Grain Producers Explore Increased Use of Panama Canal
Brazilian farmers in top soy state Mato Grosso signed a memorandum of understanding with the Panama Canal Authority to evaluate ways to cut transportation costs and boost Brazilian grain volumes using the waterway, the authority's chief administrator said. The canal's administration is looking to increase its participation in rising Brazilian grain exports, since a large part of grain trade expansion in Brazil is via new terminals in the northern part of the country, which are closer to the canal.
Panama Canal Welcomes Largest Capacity Containership To-date
The Panama Canal today welcomed the largest capacity vessel to ever transit the Expanded Locks, the Neopanamax containership CMA CGM Theodore Roosevelt, which began its voyage from Asia, will be making stops along the U.S. East Coast. The ship has a total TEU allowance (TTA) of 14,855 and measures 365.9 meters in length and 48.2 meters in beam. “Today’s transit not only represents the growing success and adoption of the Expanded Canal, but also its impact on reshaping world trade,” said Panama Canal Administrator Jorge L. Quijano.
LPG Shipping Faces Rough Weather
After reaching record levels during the first four months of 2017, U.S. LPG export cargoes have seen a number of cancellations or deferments in June and July, said Dorian LPG in a press statement. Steady domestic demand has kept U.S. propane prices firm and, therefore, priced above levels conducive to the arbitrage trade. U.S. propane inventories have continued to build in recent weeks and could reach levels of 75 million barrels by the end of September 2017. The overall U.S.
Damen Repeats Multiple Vessel Transport Strategy
Just down river from Damen Song Cam Shipyard, SAL Heavy Lift’s MV Svenja departed from Halong Bay loaded with 14 vessels. The shipment consists primarily of built-for-stock vessels – Stan Pontoons and Tugs – which will be available for immediate purchase on arrival in Rotterdam in October. MV Svenja’s voyage began in Shanghai on August 30th when she started loading eight Stan Pontoons that were built at Damen Yichang Shipyard, China. This first load includes Stan Pontoons 4113, 4111, 4512, 5211 and 6316.
Bomin Launches Physical Operation in Mauritius
Physical supplier and trader of marine fuel oil the Bomin Group is launching a physical operation in Port Louis, Mauritius, effective from July 12, 2016. Bomin (Mauritius) Ltd. will utilize the 2008-build, double-hulled bunker barge MT Hakkasan to provide customers with products, including IFO 180cst, as well as MGO. All deliveries will be provided under a Bomin specific Bunker Delivery Note (BDN). “Port Louis is the only official port of entry and exit for sea vessels in Mauritius, and it is critical that we have a strong physical presence here to support our customers and our global network,” said Jan Christensen, Global Head of Bunker Operations, Bomin Group.
Widened Panama Canal to Affect Trade Patterns
It was another lacklustre month for the shipping industry as freight rates in almost all sectors softened further. Drewry’s Earnings Index declined by 0.5% during the month to 52.4. The new locks of the Panama Canal finally became operational in June, enabling vessels of up to 49-metre beam, 366-metre LOA and 15-metre draught to pass through, which in turn will affect trade patterns in various sectors. The canal can now accommodate containerships of up to 12,500 teu. As more ULCVs are being delivered each month…
Giant Cranes Delivered for UK’s New Logistics Hub
Enormous quay cranes, which arrived at DP World London Gateway on Wednesday morning, will enhance U.K. Two more of the U.K.’s most technically advanced quay cranes were brought up the River Thames on Wednesday, completing the sea voyage from China on vessel Zhen Hua 10 via the Cape of Good Hope to arrive at DP World London Gateway Port, just 25 miles from Central London. The new cranes are for the third Berth at the DP World London Gateway container terminal, providing additional trade infrastructure for the U.K. when the berth opens later this year.
CMA CGM Shuffles Container Services
CMA CGM announced changes to come on its shipping services connecting North Europe with Asia. New rotation on FAL 1: Starting in Hamburg on May 26, 2016 with m/v CMA CGM VASCO DE GAMA voy. Southampton - Dunkerque - Hamburg - Rotterdam - Zeebrugge - Le Havre - Malta - Khor Fakkan - Jebel Ali - Shanghai - Tianjin Xingang - Dalian - Busan - Qingdao - Shanghai - Ningbo - Yantian - Port Kelang - Algeciras - Southampton. New rotation on FAL 23: Starting in Hamburg on May 25, 2016 with m/v SALAHUDDIN voy.
Container Shipping Demand Weakens
The demand for container shipping is really not going anywhere at the moment. Indicators for growth in the first months of 2016 point to limited overall demand and huge variations from trade to trade. In addition, all numbers are impacted by Chinese New Year, which disrupts most trade figures for the first months of any year. BIMCO’s own data for the United States (US) imports on the east coast shows an increase of 6.5%, a significant rise even above the strong level seen in 2015.
Largest-ever Diesel Cargo Heads to Europe
Europe is expected to receive its largest-ever diesel cargo after French refiner Total booked a super tanker to sail to the region even as it faces brimming storage tanks and wilting demand. Total has chartered the newly-built very large crude carrier (VLCC) tanker Alice to ship 270,000 tonnes of diesel, three times the typical cargo size on the route, from Asia to the port of Antwerp in Belgium, according to shipping data and Reuters ship tracking. A cargo of this size is bound to put more pressure on Europe's diesel prices in a market already facing an influx of imports in the coming weeks from all corners of the world. Euronav-owned…
Shell Bringing First US Import of Malaysian Condensate
A cargo of Malaysian Bintulu condensate bought by Royal Dutch Shell is sailing to New Orleans, Louisiana, a trade source in Asia familiar with the matter said on Tuesday, in what appears to be the first U.S. import of that grade of offshore oil according to Thomson Reuters Trade Flows data. The Polaris, a medium-range vessel, loaded 200,000 barrels of the condensate at Malaysia's Bintulu terminal in early February, before stopping at Singapore's Jurong Port to pick up another parcel, the source said. It sailed west from Jurong in late February toward the United States, around Africa's Cape of Good Hope, Reuters' vessel tracking data show. A Shell spokesperson was not immediately available for comment. U.S. oil imports from Malaysia are rare.
STS Young Endeavour Completes Circumnavigation
The Royal Australian Navy operated Sail Training Ship (STS) Young Endeavour sailed into Fremantle today, completing a year-long circumnavigation of the world. Assistant Minister for Defence Darren Chester was in Western Australia to welcome the seafarers back to Australian soil and personally congratulate members of the Royal Australian Navy crew and the 24 young Australians who sailed the ship on the last leg across the Indian Ocean from Cape Town, in South Africa. “A circumnavigation of the world is a remarkable achievement for all involved…
STS Cranes For Liverpool2 Arrive
A giant vessel bearing five ‘megamax’ quayside cranes sailed up the River Mersey yesterday destined for the new Liverpool2 container terminal, completing the final stage of its voyage from China. The cranes originally set off from Shanghai in August passing south-east Asia, India, the Arabian Peninsula and Africa via the Cape of Good Hope en route to Liverpool in a journey of over 30,000km (18,000m, 16,400nm). The super-structures were produced by Chinese company, Zhenhua Heavy Industries Co (ZPMC)…
Unwanted Diesel, Jet Ships Could Sink Oil Prices
Backlog of vessels at port threaten loading delays; ships with half a million tonnes taking the long route to Europe. Unwanted diesel and jet fuel cargoes are backing up outside Europe's ports and taking longer, slower routes around the southern tip of Africa, traders say. A symptom of the world's excess of oil, it also paints a gloomy picture of the chance of an oil price rebound. The abundance of crude that roiled commodity markets and turned the balance sheets of oil majors on their head also encouraged under-pressure European oil refineries to run at full clip. Refineries from Rotterdam to India to Louisiana, drunk on cheap crude, ran regardless of whether the world wanted what they were making. Meteoric demand growth earlier this year for products such as gasoline masked the surplus.
Mega Maritime: Heavy Lift for FPSOs
When the Dockwise Vanguard was conceived, Dockwise, part of the Boskalis Group, had a vision for a new market - transporting the world’s largest cargoes, including FPSOs (floating production storage and offloading vessels). It hasn’t taken the vessel, the largest heavy transport vessel in the world, long to prove its worth, as well as the feasibility of such a feat. The vessel has currently transported its first ship-shaped FPSO cargo, Bumi Armada’s Armada Intrepid, to South East Asia which also happens to be one of the three largest cargoes ever transported.
Largest Chinese-built Containership Delivered
Shipping group CMA CGM has taken delivery of the newbuild box ship CMA CGM Vasco de Gama [sic] on July 27. Built by China State Shipbuilding Corporation (CSSC), the 18,000 TEUs vessel is, with its 399 meters length and 54 meters width, is the largest ship in the CMA CGM fleet and the largest containership ever built in a Chinese shipyard. Calling 11 different countries, the U.K.-flagged CMA CGM Vasco de Gama is positioned on the CMA CGM Group’s French Asia Line (FAL) joining Europe to Asia.
Port of Durban to Triple Capacity, Compete with Suez Canal
Durban, South Africa's busiest port, has started a project to triple capacity and encourage vessels to skip the Suez Canal and sail around the Cape of Good Hope, Bloomberg reported today. The excavation project, which will increase the port's capacity from 2.7 million TEUs in 2014 to 9.5 million in 2040, began in 2012 and the first phase is scheduled for completion in 2025. "It's more cost effective to sail modern, large container vessel around the Cape than through the Suez Canal," Mark Gregg-MacDonald, an executive at state transport company Transnet OSC Ltd., told Bloomberg Friday.
BHM Penlaw, Tactique Unite to Offer Arctic Solutions
BHM Penlaw and Tactique Ltd have now joined forces to support their clients in exploiting an alternative sea route which reduces sailing distance by 4,300 nm and 10 days on transits between Europe and Asia. The Northern Sea Route, also known as the NSR, or Northeast Passage, is a burgeoning waterway between Europe and Asia cutting through roughly 3,500 nm of frigid waters off Russia’s northern coast. As sea-ice recedes and Arctic technology improves, traffic along the NSR will increase, making this region one of chief economic and strategic importance.
Fairmount Delivers Cargo Barge to Allseas
Large cargo barge Iron Lady 1 has been delivered to Allseas in Rotterdam by oceangoing tug Fairmount Alpine. Barge Iron Lady 1, which measures 200 meters long and 58 meters wide, was delivered after a voyage of 14,800 nautical miles at an average speed of 6.5 knots. Fairmount Alpine departed from Shanghai mid-August with Iron Lady 1 on tow and sailed via Cape of Good Hope to Rotterdam. During the voyage, bunkers were taken at Singapore, Mauritius and along the African coast.