Azerbaijan Caspian Shipping Company Supports Environment
Environmental protection is one of the main criteria of sustainable development o Azerbaijan Caspian Shipping Company (ACSC). ACSC keeps in the center of constant attention the minimization of environmental impacts of sludges, waste oil, fuel, other liquid and solid wastes obtained during the operation of vessels and the functioning of onshore facilities, on water basins, ground and air. Preventive measures within the framework of existing opportunities are taken against the damage of the environment in the course of operations.
Repercussions of EU-Japan Pact for Hamburg Port
The European Union (EU) has signed its largest-ever free trade agreement. This aims to boost the economies of the EU and Japan. For instance, the deal will reduce Customs duties and other trade obstacles, stimulate growth and create new jobs.After checking the legal formulation of the text and translation, the agreement will be submitted to the European Parliament and EU member states for approval. Ideally, the pact, which has been in preparation since 2013, can come into force before the European elections in 2019. How could it make itself felt in the Port of Hamburg?
LSC Shipmanagement Receives 3 New Ships
In the first half of this year, JSC “Latvijas kugnieciba” subsidiary “LSC Shipmanagement” Ltd (LSCSM) will add three newly built oil and chemical tankers under technical management. The first of the three ships was delivered on January 11 – the 183 meters long tanker “Elandra Spruce”. The next addition to the fleet is expected in April – the tanker “Elandra Palm”, and in May “Elandra Oak” will be added to the fleet. “We are delighted that the tanker “Elandra Spruce” has been handed over for LSCSM to manage – that attests to the professionalism and skills of our crews and ship management team.
Twelve Cranes Unload Mega Box Ship
The 398-meter-long containership CMA CGM Kerguelen made its first call at the Port Klang Port Terminal in Malaysia, arriving to a very unique arrangement, the CMA CGM Group announced. No less than 12 cranes were used simultaneously to match the vessel's exceptional length and capacity (17,722 TEU), setting a new record for CMA CGM. Delivered in March, U.K.-flagged CMA CGM Kerguelen is the first of six new vessels of its type to enter the CMA CGM fleet in 2015. The ship’s unique castle is located at the front of the vessel…
S. Korean Shipyards Order Books Empty?
The global slump in the shipbuilding industry means that South Korea's ship yards have to look far and wide for new orders. Combined, the three major yards have only received one order in the first quarter of the year. Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries (SHI) have received zero new shipbuilding orders, according to sources quoted by local media Yonhap. Hyundai Heavy Industries (HHI) is the only one among the three to have landed a KRW150 billion ($130.6 million) order in March to build two petrochemical tankers.
VTS Radar Systems Chosen for Port of Marseille Fos
A world leader in the design and supply of navigation and security surveillance systems, Kelvin Hughes has been contracted by French company AVON Communications to supply five of its SBS-700 radar systems for integration with the Marseille Fos Port Vessel Traffic Management System (VTMS). The port is made up of two harbours, the ‘Eastern harbour’ with 1,000 hectares, located in the city of Marseille itself, and the ‘Western harbour’ with 12,000 hectares which is located in Fos, 70 km from the town.
Crowley to Christen 3rd LNG-ready Product Tanker
Crowley Maritime Corp. announced it will hold a christening ceremony Thursday, May 5 in New Orleans for the newly built Louisiana, the company’s third of four new Jones Act product tankers. The 600-foot-long, 50,000-dead-weight-ton (dwt), 330,000-barrel-capacity tanker will operate in the U.S. Gulf and is capable of carrying crude oil or refined petroleum products, as well as various other chemical products. Crowley has the option to convert the new tanker to liquefied natural gas (LNG) propulsion in the future…
Crowley Christens Third LNG-ready Product Tanker
Crowley Maritime Corporation christened the third of four new LNG-ready Jones Act product tankers at a May 5 ceremony at the Julia Street Cruise Terminal in New Orleans. The 600-foot-long, 50,000-dead-weight-ton (dwt), 330,000-barrel-capacity MT Louisiana is capable of carrying crude oil or refined petroleum products, as well as other chemical products for U.S. Coastwise trade. The new vessel joins Crowley sister ships, Ohio and Texas, to be the first tankers ever to receive the American Bureau of Shipping’s LNG-Ready Level 1 approval…
Chemical Shipping Freight Rates to Remain Firm
Chemical tanker shipping freight rates are expected to remain firm over the medium term, thanks to rising production capacity in key exporting countries, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry. Since 2015, the US has started to export more and import less volume of liquid chemical products. US methanol capacity surged 77% in 2015 with the addition of around 3.5 million tonnes per year of new capacity. As a result, US methanol exports are starting to change the pattern of the long-haul chemical shipping trade.
Fincantieri, Mapei Enter R&D Partnership
Shipbuilder Fincantieri said it has partnered with Mapei, a producer of adhesives and chemical products for the construction sector with a business line of shipbuilding industry products, in the field of research and innovation. According to Fincantieri, the strategic cooperation agreement will help it to optimize installation times, reduce the weight of certain materials, improve acoustic insulation by using specific products, develop and extend the use of adhesives products in some shipbuilding applications. Mapei will aim to carry out projects, leading to exploitable solutions in its operational field. The cross-joint research issues will mainly concern the development of innovative products in a wide range…
STX Bags Orders for Six Tankers
South Korea’s STX Offshore & Shipbuilding won contracts to build six tankers from Greece and local shippers, reports Korea JoongAng Daily. STX announced that Greek shipper OceanGold Tankers placed an order for four medium-range tankers of 50,000 DWT capacity. Two were order on an option contract, which gives the buyer a right to pay for the ship at a pre-determined price in case ship prices rise. The deal was worth $140 million in total. According to STX, the ships will be constructed in its Jinhae shipyard in Changwon, South Gyeongsan, and delivered by the first quarter of 2019.
American Maritime Safety Award Recipients Announced
American Maritime Safety, Inc., (AMS), announced today that Bouchard Transportation Company, Inc., Circle Line Sightseeing Cruises, General Dynamics/American Overseas Marine Corporation, Patriot Contract Services and U.S. Shipping Corporation would be the recipients of the 2014 AMS Maritime Safety Awards. AMS is a nonprofit maritime trade association, which facilitates the maritime industry's compliance with international shipping protocols and U.S. Coast Guard regulations. The AMS consortium is comprised of more than 400 vessel owners and operators.
Chemical Shipping Faces Oversupply: Drewry
The shipping fleet trading in chemical and vegoil markets is expected to accelerate at a much faster pace than demand, weakening earning prospects, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry. Drewry estimates that tonne-mile demand will grow at 2.9% in 2017, and the fleet trading in chemicals/vegoils will expand by 9.5% by the end of this year, the highest fleet growth observed in recent years. The chemical shipping…
Keel Laid for Crowley Jones Act Tanker
The first of four Crowley Maritime Corp. product tankers was celebrated today in a keel laying ceremony held at Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA. The 330,000-barrel, Jones Act tankers are being built through a joint venture between Crowley and Aker. Keeping with the long-held shipbuilding tradition, several coins were placed by representatives from Crowley, APSI and others on one of the keel blocks before the unit was lowered into place in the dry dock. The coins are a ceremonial sign of good fortune and safe travels.
Kelvin Hughes bags Marseille VTS Radar Contract
Kelvin Hughes has been awarded the contract for the second phase of a radar system installation by the Port of Marseille Fos in Southern France. The Enfield-based company supplied five SBS-700 radar systems earlier this year that were integrated with the port's Vessel Traffic Management System (VTMS). The second phase has seen two more, identical models installed and commissioned at the port in July. Kelvin Hughes' SBS-700 radar system is specifically designed to meet the requirements of a Vessel Traffic Services (VTS) system as defined in IALA recommendation V-128.
MN100: Kirby Inland Marine
Kirby Corporation is a premier tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii. Kirby’s service includes the transporting of petrochemicals, black oil products, refined petroleum products and agricultural chemical products by tank barge. Kirby’s diesel engine services segment is a leading after-market service provider for medium-speed and high-speed diesel engines…
Crowley Acquires Jones Act Tankers
Crowley Maritime Corp. took delivery of Ohio, the first of four new, Jones Act, product tankers this week from Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA. The delivery is momentous not only for Crowley, but also for the industry because it signifies the first time a product tanker has been constructed with consideration for the future use of LNG for propulsion. The remaining three product tankers being built by APSI for Crowley are currently under construction and have planned deliveries through 2016.
Azerbaijan Caspian Shipping to Prevent Environmental Pollution
Environmental protection is one of the main criteria of sustainable development, says Azerbaijan Caspian Shipping Company (ACSC). ACSC keeps in the center of constant attention the minimization of environmental impacts of sludges, waste oil, fuel, other liquid and solid wastes obtained during the operation of vessels and the functioning of onshore facilities, on water basins, ground and air. Preventive measures within the framework of existing opportunities are taken against the damage of the environment in the course of operations.
Ellicott Tallies Three Custom Dredger Contracts
Ellicott Dredges, LLC announced contracts for three new custom-designed dredges, all scheduled to be delivered before the end of 2017. In the first instance a major international chemical company selected Ellicott to build a custom electric bucketwheel dredge to mine salt in a very hard digging application. The new dredge, which will increase the mine’s output per operating hour and reduce its cost per ton of salt produced, will become the mine’s primary dredge. The salt will be used as feedstock for various chemical products such as chlorine based PVC.
World’s Largest Containership Arrives in Hamburg
The Port of Hamburg will handle a 19,100-TEU vessel for the first time, as CSCL Globe, currently the world’s largest containership operating in a liner service, is ported in Hamburg from January 13-15 on its maiden voyage deployed in the Europe-East Asia trade. This year, China is due to again further expand its position as Hamburg’s leading trading partner for container traffic, the port noted. On the basis of the first evaluation of 2014 throughput figures for container traffic with China, Port of Hamburg Marketing assumes that the three-million-TEU mark will be reached.
Oversupply Dampens Chemical Tanker Market
Softening seaborne trade and rising fleet growth are expected to depress chemical shipping freight rates over the next few years, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry. Spot rates collapsed in the third quarter as some charterers who usually fix their cargoes on contract took advantage of low spot rates. This situation also weighed on time charter rates and asset values, especially for the larger chemical tankers.
Hamburg Achieves Record Throughput in 2014
The Port of Hamburg achieved its best-ever result in 2014, reporting total throughput of 145.7 million tons, representing growth of 4.8 percent. Up by 6.1 percent at 102.7 million tons, general cargo throughput was outstanding. A 1.7 percent increase in bulk cargo throughput to 43 million tons also contributed to the new record for Germany’s largest universal port. In 2014 the Port of Hamburg set a new record for seaborne cargo handling. Never before had such cargo volumes been loaded and discharged in the Port of Hamburg.
Gulf Navigation, Mena Energy Sign Strategic Deal
GulfNav has marked another milestone by entering into strategic alliances with MENA ENERGY. The strategic alliances for mutual co-operation in ship acquisition, chartering and commercial management aims to set out a platform for the parties to have an enhanced commercial relationship and to further strengthen their existing business ties. The parties have agreed that Gulf Navigation would acquire vessels that would be time-chartered to MENA Energy for carrying Crude and the petroleum products.