European Commission Fines Four Car Carriers $486.5mln
The European Commission (EC) said Wednesday that it had fined four maritime car carriers 395 million euros (U.S. $486.5 million). Four shipping companies – CSAV, K Line, NYK and WWL-Eukor – have been fined by the EC for collusion in operating a cartel on the car carrier trades, in breach of EU antitrust rules. All companies acknowledged their involvement in the cartels and agreed to settle the cases. Commissioner Margrethe Vestager, in charge of competition policy said:"The Commission…
MOL Car Carrier Rescues Sailors in Distress
Mitsui O.S.K. Lines, Ltd. announced today that on February 9, 2018, the MOL-operated car carrier Progress Ace rescued three sailors form a yacht in distress in the North Atlantic Ocean. At 10:05 a.m. local time on February 9, the Progress Aace, sailing from Port of Brunswick in the U.S. to Port of Walvis Bay, Namibia, received a distress relay message from the French Maritime Rescue Coordination Centers and rushed to the scene. By 3:45 p.m. the same day, all three survivors were safely rescued from the yacht.
European Commission Exempts Mitsui O.S.K. Lines from Penalty
The DG Competition of European Commission (EC) announced that several companies including MOL breached European competition law with respect to car carrier services. Mitsui O.S.K. Lines (MOL) and other shipping companies have been investigated by the EC due to the suspicion of competition law violation. MOL has fully cooperated with the EC during the investigation. Though the EC announced that they found the violation of European competition law and imposed fines, MOL and its subsidiary companies were exempted from all penalty including the fine because EC granted MOL an immunity.
Several Car Shippers Face Fines for Rigging Bids
EU antitrust regulators are set to fine Nippon Yusen KK (NYK) and several other Japanese shippers as well as Norwegian Wallenius Wilhelmsen Logistics ASA (WWL) in the coming weeks for rigging bids for shipping cars, according to people with knowledge of the matter. The EU sanctions follow a near six-year investigation which started with dawn raids by the European Commission in September 2012 in coordination with Japanese and U.S. antitrust authorities. Competition regulators around…
NYK Cautions of Illegal Conducts in Chinese Subsidiary
Nippon Yusen Kabushiki Kaisha (NYK) said that it has discovered that there is a possibility that former locally hired management personnel in NYK Car Carrier (China), its consolidated subsidiary located in Shanghai. The China unit is engaged in finished car logistics business in China, had committed unlawful expenditure or embezzlement. The Company established an investigation committee (the Committee ) to investigat the aforementioned matter on February 5, 2018 (with Tadaaki Naito President Representative Director and President Corporate Officer as the Chairman of the Committee…
Norwegian Car Carrier Charter Fixed
Norwegian Car Carriers ASA announce a new time charter contract for their 'NOCC Caspian'. The company's 100% owned car carrier NOCC Caspian's charter is for a duration of about 12 months with commencement in early December 2012. The concluded time charter rate is higher than the rate on the current charter and will generate an EBITDA of about NOK 13.5 million during the twelve months charter period. Norwegian Car Carriers ASA has a fleet of 13 vessels for the transportation of cars and other rolling cargoes.
Contract For Three New Car Carriers
Wilh. Wilhelmsen ASA has entered into a contract with Ray Shipping regarding the charter of 3 car carriers on a 15 year timecharter with options. Wilh. Wilhelmsen ASA has entered into a contract with Ray Shipping regarding the charter of 3 car carriers on a 15 year timecharter with options.
ISS Drives Forward in South America with CSAV
Inchcape Shipping Services (ISS) is driving forward in South America with newly completed operations in Argentina and Panama as the car carriers agent for Compañía Sud Americana de Vapores (CSAV). As general and port agents for the car carriers division of CSAV Group, the largest shipping company in Latin America, ISS managed the arrival of CSAV Rio Maipo at Zarate port in Argentina, successfully handling 1,648 vehicles. Most recently, ISS managed the arrival of CSAV Rio Nevado in Panama, with this vessel also transiting the Panama Canal. CSAV appointed ISS at the end of 2014 to attend one of its car carrier vessels at Callao port, Peru, when it successfully discharged 1,825 vehicles.
Cochin Port Begins Coastal Shipping of Cars
Cochin Port, one of the top 12 major ports in the country, has begun coastal transportation of cars, with carrier ship M V Dresden carrying 500 vehicles reached with first consignment. The first call of a Car Carrier ship, M. V. Dresden wad scheduled at Cochin Port yesterday evening (September 26, 2016). The ship is a foreign carrier of Cyprus registration, which has obtained license for coastal run between the ports in India, and is of 177 m length and 7 m draft. The Car Carrier has the circuit of Ennore-Cochin-Kandla-Cochin-Ennore…
Korean Shipyard Wins Auto Marine Transport PCTC Orders
Auto Marine Transport contracts Samjin Shipbuilding Industries Korea (Samjin) to build a series of pure car & truck carriers (PCTC's). Auto Marine Transport, a tonnage provider created with the assistance of Siem Car Carriers, sign an intiial agreement with the shipyard to build eight energy efficient pure car and truck carrier (PCTC) vessels capable of carrying 6700 CEU (car equivalent units) and is made up of two firm orders and options for a further six vessels. Simon Stevens, Chairman of Siem Car Carriers, said “We are very pleased to have played a part in helping to establish Auto Marine Transport as the tonnage provider to access the energy-efficient PCTC market.
Norwegian Car Carriers to Buy Two from Hyundai Samho
Oslo-listed Norwegian Car Carriers (NOCC) has signed a contract with Hyundai Samho Heavy Industries for the construction of two 6500 ceu Pure Car Truck Carrier (OCTCs). Delivery from the South Korean shipyard is scheduled for between the fourth quarter 2016 and first quarter 2017, and there is an option included for two additional vessels. NOCC’s strategy is to grow its business as a tonnage provider serving the global car carrier operators, says a company statement. The company currently has 10 car carriers in its fleet ranging between 4,000-7,000 ceu.
Japan's First Post-Panamax PCC Delivered
NYK says it has taken delivery of the new high-tech pure car carrier (PCC), 'Aries Leader', built by Shin Kurushima Dockyard Co. Ltd. With a capacity of 7,000 units, the new carrier includes the latest energy-saving technology including a hull air-lubrication system and a hybrid turbocharger — both of which, says NYK have been installed on a car carrier for the first time — in addition to an electronically controlled engine and the use of water-emulsified boiler fuel. NYK adds that the hulls of its pure car carriers have traditionally been painted aurora blue…
MacGregor's RoRo Access Systems for Car Carriers in Japan
MacGregor has received orders from two Japanese yards to deliver comprehensive RoRo access equipment packages for four car carriers. The equipment will be delivered during Q3 in 2017. The orders are booked into the first quarter 2016 order intake. The car carriers are built at two shipyards; two 7,400 CEU pure car/truck carriers (PCTCs) at Shin Kurushima Dockyard and two 3,000 pure car carriers (PCC) at Nakai Zosen Corporation. "We have a proven record of reliable deliveries and excellent support and relationship with these Japanese shipyards…
TTS Wins Two Contracts
Sweden’s TTS Ships Equipment AB, Gothenburg, part of Norway’s TTS Marine ASA has landed two contracts for delivery of ships equipment for a total of four car carriers. This confirms TTS’ leading position in the supply of cargo access equipment to the car carrier newbuilding industry. The contract with South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) in Korea (Leif Hoegh A/S) and Croatia’s Uljanik Ship Yard, Pula (Ray Shipping) involves deliveries to two car carriers each. The deliveries include construction and supply of key components to the RoRo access systems including internal car decks and ramps, as well as stern ramps for the loading and discharge of vehicles. The delivery of the equipment is scheduled for the end of 2007.
Siem Car Carriers at Houston Texas Break Bulk Expo
Siem Car Carriers to exhibit at upcoming Breakbulk Americas Transportation Conference & Exhibition. Siem Car Carriers operates a transpacific liner service, specializing in the movement of cars, roll on roll off (RO-RO), high, wide and heavy (OHW), break bulk & project cargo to provide a North America Pacific Asia (NAPA) liner service between Mexico, the US West Coast, China, Japan, Korea and Russia. The company says Its fleet is modern and efficient and that they work closely…
MOL Orders Four Car Carriers
Mitsui O.S.K. Lines, Ltd. (MOL) has signed a contract covering construction of four next-generation "FLEXIE" car carriers at Minaminippon Shipbuilding Co., Ltd. To be delivered in 2017 and 2018, the ships will serve on on MOL's worldwide car carrier services and will offer increased capacity and a new deck design for more flexible loading. Deck construction of the newly-ordered car carriers will be substantially altered to change the number of decks from the current 12 to 14. Furthermore, the number of liftable decks will be increased from two to six.
MOL Concept for New-Generation Vessels
Mitsui O.S.K. Lines, Ltd. announced that the company has formed the concept for its next-generation vessels, which will be a technically practical in the near future, by building on and refining technologies it has already developed and adopted. The first is a next-generation, environment-friendly car carrier. MOL continues to work on concepts for other next-generation vessels such as ferries, bulkships, tankers, and containerships. The company will continue working to stay in the vanguard of technological developments in the global ocean shipping industry.
Car Carrier Runs Aground off Washington
The car carrier Viking Emerald got steering gear failure and ran aground off Woodland, Washington. The vessel, owned by Norway’s Gram Car Carriers and managed by OSM Ship Management in Singapore, was refloated several hours later with the help of tugs, and resumed voyage. No visible damages reported. The vessel was en route from Tacoma to Portland loaded with 4,000 vehicles on board. The hardly stuck vessel was refloated by three tugs and towed to safe depth, where will be inspected.
Höegh Autoliners Takes Delivery of New Vessels
Höegh Autolines took delivery of two new Pure Car Truck Carriers in January. Seven new vessels will add capacity to Höegh Autoliners' fleet in 2007. Höegh Delhi, a Pure Car Truck Carrier was delivered from Uljanik Shipyard in Croatia on January 25. The vessel will be chartered long term by Höegh Autoliners who also own 49.5 percent in the vessel. Höegh Delhi is one of the largest car carriers built with a deck area of 59.000 square meters that can accommodate up to 7,000 car units. Höegh Shanghai, the 7th Pure Car Truck Carrier in the series from Daewoo Shipbuilding and Marine Engineering (DSME) Shipyard was delivered on 16 January. The vessel has a car deck area of 54,000 m2, which can accommodate 6,100 standard car units.
WW and OW Acquire HMM’s Car Carrier Division
Representatives from Wilh. Wilhelmsen ASA (WW) and Wallenius Lines AB (OW) on August 10, 2002 signed the agreement with Korea’s Hyundai Merchant Marine Co., Ltd. (HMM) on the acquisition of HMM’s car carrier division. The terms of the agreement include long-term exclusive contracts with Hyundai Motor Company (HMC) and Kia Motor Corporation (KMC) on shipping their car exports for an initial five-year period, with provision for extensions. The newly-established company, which will acquire HMM’s car carrier division, will be incorporated in Korea, with WW and OW together holding 80 percent and with HMC and KMC together holding 20 percent. The price for the acquisition will be $1.3 billion plus the assumption of future vessel charter obligations.
Åsheim Takes Helm of HÖEGH Fleet
Yngvil Åsheim has been named fleet manager in HFS responsible for the management of Leif Höegh & Co and HUAL's car carrier fleet. She came to HFS from Det norske Veritas (DNV) in 2002, where she was manager of DNV's Machinery Ship in Operation division. Åsheim has a degree (Master of Science) in mechanical engineering from the Norwegian Institute of Technology, NTH (NTNU) and has further education from management programmes under DNV's direction and from IMD in Switzerland. She started as a trainee at DNV in 1993. HFS is a management company responsible for the technical management and crewing of vessels owned by Leif Höegh & Co (LHC), comprising 22 car carriers, four LNG carriers, 10 specialised open hatch carriers and two large bulk carriers.
Car Carrier Refloated off Norfolk
The UK Maritime and Coastguard Agency (MCA) said that a car carrier that grounded off Norfolk has been refloated with the assistance of two tugs. No injuries and no pollution have been reported. Source: HK Law
Southampton Welcomes Car Carriers
A&P Southampton is preparing for a busy period after successfully winning contracts to refit several car carriers in their dry dock this Summer. The first to arrive was the 28,070dwt Tristan, owned and operated by Sweden's Wallenius Lines which underwent a 15 day repair. Whilst in dry dock, the vessel underwent various work including hull blasting and painting, mechanical and electrical works, boiler and other general repairs. Following the Tristan, A&P Southampton has stemmed several other car carriers from worldwide companies including NYK Ship Management and the Grimaldi Group for dry dock and repairs during the Summer period. All of the visiting companies…