Trade War All About the Eastbound Transpacific -BIMCO
When two of the world’s top trading partners get entangled in a stand-off, where the outbreak of a trade war could become the extended tool of intense negotiations, BIMCO says we’d better prepare for what may come while hoping that it will never take place.The U.S. is China’s largest trading partner measured by value – and China is the largest one-country trading partner that the U.S. has.“The global shipping industry naturally gets concerned when two nations of huge importance to most shipping sectors get in the ring to fight a trade war – gloves off…
Estonian Port Passenger Number Up in June, Cargo Volume Down
The ports of the Estonian state-owned port operator Tallinna Sadam (Port of Tallinn) handled in June 1.68 million tonnes of cargo and serviced 1,045,461 passengers. Compared to the same period last year, the cargo volume dropped by 25% while the number of passengers was by 1.3% higher than last year. In six months, the ports handled 4.4 million passengers which is 0.6 percent below last year’s level. The most popular route was Tallinn-Helsinki with 0.82 million passengers, followed by Tallinn-Stockholm line with 90,369 thousand people and Tallinn-St Petersburh line with 11,773 people. In June traditionally the biggest number of passengers travelled on the Tallinn-Helsinki route…
Solid Bulk Cargos Safety Guide Now in Chinese
International Maritime Solid Bulk Cargos (IMSBC) Code pocket checklist will be available at Marintec 2013 next week. Lloyd’s Register, UK P&I Club, and Intercargo produced a pocket guide and checklist earlier this year for ships’ officers and agents who arrange cargos for loading. When bulk cargos shift, liquefy, catch fire or explode due to poor loading procedures, the consequences can be critical – ships could capsize, lose stability or sustain severe structural damage. Now the pocket checklist…
Port of Rotterdam Throughput is Up
In the first six months of 2001, throughput in the port of Rotterdam increased to 161.8 million tons, 2.3% more than in the first half of 2000. The transshipment of coal (+26%), petrochemical products and petcokes(+%), crude oil (+7.5%) and agribulk (+16%) in particular contributed to the good result. Other liquid bulk (chemicals, oil and fats, -2%), other dry bulk (including sand, phosphates, minerals, -%), ores and scrap (-10.2%) and the three general cargo groups (roll on/roll off, containers and other general cargo) showed a decrease. Total incoming trade increased by 5%, while outgoing trade was down 6%. During the first six months, growth gradually slackened off again.
