Marine Link
Thursday, April 25, 2024
SUBSCRIBE

Cargo Operator News

21 Jul 2023

Romanian Port Can Ship More Ukraine Grain After Collapse of Black Sea Deal

© ely2000 / Adobe Stock

Romania's Constanta port, Ukraine's main alternative route for grain since Russia's withdrawal led to the collapse of the Black Sea shipment deal, has capacity to handle extra cargoes until mid-August, the head of the port's business association said.He added operators were also seeking to increase capacity.Even before Russia on Monday quit a safe passage grain corridor through Ukraine's own ports, Constanta had emerged as the biggest alternative shipping route. It has handled roughly a third of Ukraine's grain exports since the start of the war.Transit pressure will mount on Constanta…

07 Feb 2022

New Terminal Operator at Ports of Indiana-Jeffersonville

(Photo: Ports of Indiana-Jeffersonville)

Indiana Cargo Crossroads is a working partnership of Ports of Indiana and Superior River Terminals Indiana (SRTI). The new general cargo operator began work in Jeffersonville Jan. 1 providing stevedoring and distribution services to customers. It will grow and diversify cargoes, make investments into facility expansions and drive projects that create significant economic benefits for the regional economy.The port’s general cargo terminal consists of a 10-acre parcel of land adjacent to the Ohio River…

24 Feb 2020

DP World Buys North American Terminal

Dubai-based port operator DP World announced it has completed the acquisition of Fraser Surrey Docks in Canada from Macquarie Infrastructure Partners (MIP) alongside its partner Caisse de dépôt et placement du Québec (CDPQ).The enabler of global trade said in a press release that said the acquisition complements its footprint in Canada, which also includes terminal operations in Vancouver, Nanaimo, Prince Rupert and St John’s, without disclosing the value of the purchase.The integrated coast-to-coast platform provides customers with bulk, breakbulk and general cargo services.DP World's global strategy is to become a trade enabler and solutions provider as the company looks to participate across a wider part of the supply chain.

12 Feb 2020

Coronavirus Disrupts Global Ship Deliveries

© YuanGeng / Adobe Stock

Global ship deliveries have been hit as yards in China struggle to get fully back to work as a result of the coronavirus outbreak, with one shipbuilder saying it could not deliver two vessels.The coronavirus has caused chaos in Asia and beyond with flights suspended, businesses disrupted and entry restrictions imposed by governments trying to ward off its spread. The global shipping trade has also been hit.China's Jiangsu New Times Shipbuilding, which has an annual production capacity of 5 million deadweight tonnes (DWT)…

17 Sep 2019

First Hybrid Cruise Ship Sails Northwest Passage

Norwegian cruise, ferry and cargo operator Hurtigruten announced that its new expedition cruise ship MS Roald Amundsen became the first battery-hybrid powered ship to ever traverse the legendary Northwest Passage last week.As MS Roald Amundsen arrived in Nome, Alaska on September 10, 2019, Captain Kai Albrigtsen made a monumental entry in the ship’s logbook: The first complete crossing of the more than 3,000 nautical miles passage from the Atlantic to the Pacific, by hybrid propulsion.“Every expedition cruise with Hurtigruten is unique, yet this green milestone is literally making history with our guests. Only a few years ago, building cruise ships with battery packs was considered impossible…

08 Apr 2019

Havila Kystruten, Kongsberg Ink Long-term Service Deal

Photo courtesy of Kongsberg

Havila Kystruten and Kongsberg have signed a 10-year  â€śPower-by-the-Hour” service agreement for four new coastal cruise vessels that are currently under construction. The contract value is 150 million kroner ($17.5 million).Power-by-the-Hour was launched in 2017, and was first sold to the cargo operator NorLines the same year. The agreement means that the vessel owner is handing the responsibility for service planning and performance back to the equipment’s supplier, Kongsberg Maritime. The customer pays a fixed charge per hour of operation, per ship.

16 May 2018

Container Shipping Line MSC Stops New Iran Bookings

The world's No. 2 container shipping line MSC said on Wednesday it would stop taking new bookings for Iran due to the decision by the United States to re-impose sanctions on Tehran after withdrawing from the international nuclear deal. In a note to clients, privately held MSC said it was "ceasing to provide access to services to and from Iran", adding that they would "conclude this period with the minimum disruption" to their customers' business. "While MSC is not accepting bookings for shipments originating from Iran, or destined to Iran, we will continue to carry certain legally acceptable cargoes during the wind-down period, notably for importation of foodstuffs," Switzerland-based MSC said in its note.

11 May 2018

Top Container Shipping Lines Reviewing Iran Operations

(File photo: MSC)

The world's top two container shipping groups Maersk Line and MSC are reviewing their Iran operations after the United States withdrawal from the international nuclear agreement with Tehran.The 2015 agreement, worked out by the United States, five other world powers and Iran, lifted sanctions on Tehran in exchange for limits to its nuclear program.U.S. President Donald Trump also instructed his administration to re-impose U.S. sanctions after a winding down period."MSC is reviewing its services…

08 Sep 2017

Investors Give Kleven a Boost

Kleven Verft in Ulsteinvik, Norway. (Photo: Kleven)

A group of investors has pumped nearly $40 million into Norwegian shipbuilder Kleven. Norwegian cruise, ferry and cargo operator Hurtigruten and its owners, Petter A. Stordalen and TDR, will be the largest partner in the newly established company, with a 40 percent share. Current owners, John Kleven AS and H-Invest AS are bringing new funds to the company. Additional investors include Åge Remøy and Magnus Roth's InYard Invest, Lürssen-Group, and Per Lillebø. "It has been important for us to bring in new investors with an industrial…

21 Nov 2016

NORDEN Names New Head of Dry Cargo

Photo: NORDEN

Dampskibsselskabet NORDEN A/S has hired Christian Vinther Christensen as new head of the Dry Cargo Department.   Christian Vinther Christensen takes up his new position January 1, 2017 and becomes part of Senior Management reporting to CEO Jan Rindbo.   He brings with him 16 years of experience from the dry cargo operator Western Bulk. He is shipping educated at Maersk, where he, prior to his employment at Western Bulk, for 10 years held a number of positions in the group including management positions in Maersk Broker.

30 Nov 2015

Opportunities for Growth as Chinese Economy Evolves

China invested more than $89 billion in renewable energy projects in 2014 – a growth of 31% on the previous year. Beijing is aiming to generate 200 gigawatts (GW) of electricity from wind and 100 GW of solar by 2020.

The global breakbulk and heavy-lift markets have had to navigate choppy waters in recent years. Not necessarily due to a shortage of freight, but as a consequence of unsustainably low freight rates. The global economic recovery since 2009 has been slow, and competition for the multipurpose sector has intensified due to bulkers, container lines and RoRo’s making forays into the breakbulk and heavylift market, as they look to diversify their business and make up for the lack of demand in their respective core markets.

27 Jan 2015

Abu Dhabi Ports Invests in Management Software

Abu Dhabi Ports is implementing a brand new terminal operating system (TOS) which will enhance the general cargo operations at the emirate’s ports, significantly improving processing times and the full range of customer service offerings. The state-of-the-art port management software called “Master Terminal” will replace Abu Dhabi Ports’ existing systems and support the management of all aspects of the general cargo operations, including bulk, break bulk, project and Roll-On/Roll-Off (RORO) cargo. It will provide real-time information about cargo flows at any time of the day and improve the utilisation of Port facilities, while increasing the visibility and productivity with regards to operations, planning and reporting procedures.

14 Oct 2014

Moody’s Upgrades Port Canaveral’s Bond Rating

Moody’s Investors Service has upgraded Canaveral Port Authority’s $30.2 million in outstanding revenue bonds to A2 from A3 and rated its financial outlook stable. The upgrade was attributed to low leverage, cruise growth, stable finances and proactive capital plan management. Port Canaveral’s five-year capital plan totals nearly $600 million, which will be financed with a combination of grants, matching funds, cash flow and unrestricted cash balances. The major current project is a new cruise terminal for Royal Caribbean, which is paying half of the $105 million total cost.

25 Sep 2014

Containerships Orders Dual-fuel Container Vessels

Image: Containerships

Finnish end-to-end cargo operator, Containerships, has ordered two additional new, state-of-the-art, dual-fuel engine-technology containerships. This follows an order announced earlier this year for two similar vessels. With the announcement, Containerships informed it will be the first shortsea container operator in Europe to run ships on LNG. “Our new ships will not just meet, but exceed all environmental standards in the Sulphur Emission Control Area (SECA) where we operate,” noted the CEO of Containerships, Kari-Pekka Laaksonen.

03 Jun 2014

British Shipbuilder Lands Thames Barge Contract

Photo courtesy of McTays

McTays, the shipbuilding subsidiary of HS Ocean Group (HSOG), was awarded a contract to design and build four barges by waste management company Cory Environmental. The barges designed by McTays will be lighter and offer greater flexibility in order to meet Cory’s requirements. The 12 month contract will underpin 60 jobs within the company’s shipyard for 12 months and will benefit the local supply chain. McTays, which specializes in ship repairs, the design, build and delivery of ships and workboats as well as voyage repairs…

24 Apr 2012

Multi-stream Scrubber for Wilhelmsen ASA Vessel

Wilhelmsen Carrier: Photo courtesy of Wilhelmsen ASA

Wärtsilä Hamworthy,  announce an agreement with Wilh. Wilhelmsen ASA, the global rolling cargo operator, to retrofit their vessel MV Tamesis with a Krystallon Exhaust Gas Cleaning System (EGCS). The systems will remove sulphur and particulates from the exhaust gasses of the vessel's main and auxiliary engines. The multi-stream scrubber system will be the world's largest in order to manage the exhaust gasses produced by the 38,486dwt Mark IV RoRo vessel's combined engine power of 28,000kW.

16 Dec 2010

Crowley Expands at Port Everglades

Photo courtesy Port Everglades

Crowley Liner Services is expanding at Port Everglades with a new 10-year terminal lease that calls for additional acreage and increased container guarantees. "Crowley Liner Services is a success story for the Southport area, which was expanded in 1997 when Broward County purchased additional acreage for container handling," said Port Everglades Director Phil Allen. The terms of the new lease call for increasing Crowley's terminal from 68.2 to 80 acres. Guaranteed container moves will begin at 110…

21 Aug 2006

New Orleans Port Regaining Most of Pre-Katrina Cargo

The Port of New Orleans, which sustained heavy damage from Hurricane Katrina, had regained nearly 94 percent of its pre-storm cargo by the end of May, according to figures released by the port Friday. The port went through a dismal four-month stretch following Katrina's strike on Aug. 29 that included a 12-day shutdown, the loss of about one-third of its operating capacity and the rerouting of cargo to other ports by several shipping lines. But figures compiled for the first four months of 2006, the latest available, showed that the tonnage of general cargo handled at the port was only 3.8 percent lower than the first four months of 2005. General cargo includes goods shipped in containers and breakbulk cargo, such as steel and rubber, that is transported on pallets.