Port Hueneme & Port Bolivar Sign Twinning Agreement
The Port of Hueneme, California, and the Port of Bolivar, Ecuador, have formalized their friendship by entering into a Memorandum of Understanding declaring their affirmation of a “Sister Port” relationship. The Port of Hueneme is the west coast’s number one hub for the banana trade, moving over 650,000 tons of bananas annually. The Port of Bolivar serves as one of the Port of Hueneme’s largest trading partners in the transport of bananas, fruits, and produce. As part of the agreement…
Workboats: Three Damen Stan Tugs for Corpetrolsa Group
Damen Shipyards Group signed a contract with Corpetrolsa Group of Guayaquil, Ecuador, for the supply of three tugs; one Stan Tug 1205 and two Stan Tugs 1606. The tugs will be operated by Corpetrolsa subsidiary DLEN S.A. to support its bunkering operation. Corpetrolsa Group operates its own fleet of tankers in the 2,000 to 7,000 DWT range and the three new tugs will be used to assist them in the Ecuadorean ports of Esmeraldas and La Libertad. The vessels were already in stock at Damen Shipyards Gorinchem and will be supplied in their standard format without modifications.
Galapagos Spill Poses New Problems
Ecuadorean naval officers struggled on Tuesday to right a wrecked ship half a mile (800 m) off the shore of Ecuador's famed Galapagos islands after nearly all the fuel it was carrying spilled into the ocean, threatening some of the world's rarest species. Ecuador's navy said officers were attempting to pull the "Jessica," an 835-ton ship that ran aground near the archipelago's capital, Puerto Baquerizo Moreno, a week ago, back to an upright position from its 45-degree list in order to get the remaining 15,000 gallons of diesel and bunker fuel off the craft. Some 160,000 gallons of the 240,000 gallons of diesel and bunker fuel -- a heavy…
Ecuador Banana Exports Plummet
Ecuador's banana exports dropped 10.6 percent in 2000 compared with 1999, due to an oversupply of the fruit in international markets, the Corporation for the Promotion of Exports and Imports (CORPEI) said in a report. Ecuador exported 180.7 million boxes of bananas in 2000 compared with 202.1 million boxes exported in 1999, according to figures provided by CORPEI. The nation took in $707.9 million from banana sales in 2000, compared with $923.1 million a year earlier. The oversupply of the fruit in international markets led the Ecuadorean government to slash banana prices in April to $2.18 per box from $2.45. The nation's Agricultural and Foreign Trade Ministers set the 2001 price at $2.90 per box on December 29.
Ecuador's Shrimp Exports Are, Well, Shrimpy
Ecuador's shrimp exports will suffer big losses this year due to low world prices and attacks of white spot virus, industry officials said. A hit to the country's shrimping industry is no small matter, as shrimp are Ecuador's third biggest source of export income, after oil and bananas. Producers and exporters say that their $900 million shrimp export target set for 1999 will not be reached and forecast only $580 million in sales. Sandro Coglitore, head of the National Shrimp Chamber, said white spot virus had frightened producers who prefer to stop breeding rather than risk major losses. "White spot virus has thrown us into chaos," he said.
Maersk’s New Latin American Service Calls on Port of Savannah
Georgia Ports Authority’s (GPA) Executive Director Curtis J. Foltz announced that Maersk has added the Port of Savannah to its newest all-water service, Spondylus. Named for the seashell that once was used as currency for trade by Andeans in Ecuador, the new service will call on Savannah weekly. “We appreciate Maersk’s confidence in our ability to handle its container volume now and in the future,” said Foltz. The service first called on Garden City Terminal on February 23, 2011.
Major Containership Drugs Bust in the Mediterranean
Customs inspectors in Malta have seized more than 300 kg (660 lb) of cocaine worth millions of euros on a container ship heading from Ecuador to Spain, Maltese officials said on Thursday. Prime Minister Joseph Muscat hailed the find as the biggest drugs seizure in the history of the Mediterranean island. "Well done to Customs and law enforcement authorities," he said in a tweet. The customs department said it had discovered the cocaine stuffed in black hold-all bags in a container that was meant to be holding canned pineapple. The unnamed ship had sailed from Ecuador and had docked at Malta Freeport. It was due to double back to Spain. "It is estimated that the haul has a street value of tens of millions of euro," the customs department said, without giving a precise figure.
FMC Technologies Receives Order For CALM Buoys
FMC Technologies, Inc. announced that it has received an order from Ramseyer & Miller International Inc., an affiliate of Techint International Construction Corporation, for the supply of two SOFEC™ CALM (catenary anchor leg mooring) buoy marine export terminals, for installation offshore Ecuador, South America. FMC SOFEC Floating Systems is the designer of the buoys. One of the buoys is planned to be delivered new from inventory, and an essentially identical second buoy is anticipated to be constructed for the project. Each buoy is planned to be equipped for mooring and loading various size export tankers with heavy crude oil received from a new, 300-mile (500-kilometer) pipeline being constructed by Techint. Installation of the buoys is scheduled for early 2003.
COMSAT Responds To Distress Call Off Ecuador
On January 6, 2002 at approximately 3:46 a.m., COMSAT Mobile Communications' Southbury, Conn. earth station received an Inmarsat-C "Man Overboard" distress call from Akademikis Zavarickis operating in the Pacific Ocean off the coast of Equador. Responding to the call was COMSAT operator Joe Wheelahan, who contacted the ship on via an Inmarsat satellite voice call and connected them with the U.S. Coast Guard's Rescue Coordination Center in Norfolk, VA. Norfolk subsequently passed the information onto RCC Ecuador. A little more than three hours later, the man overboard was located and was returned safely to the vessel. COMSAT mid shift operator Wheelahan's quick response contacting Akademikis Zavarickis via voice communications and then connecting the ship with coast guard's RCC in Norfolk…
Ecuador Order Elastec/American Marine Oil Spill Equipment
Elastec/American Marine say that quality and dependability made all the difference when the state oil company of Ecuador decided recently to purchase its oil spill response equipment. PetroEcuador recently acquired two ELASTEC TDS136G grooved drum skimmers, two ELASTEC SeaSkater weir skimmers, a PACS1000-770, two ELASTEC BoomVane™ units, 60 sections of oil containment boom and ten QuickTanks. The oil spill response equipment will be used at PetroEcuador’s Esmeraldas facility, the country’s largest and most important refinery.
Siem Renews Contract for Seven Reefers
Norwegian liner Siem Shipping Inc. has won a one-year contract renewal for a regular weekly service from Ecuador to St. Petersburg, Russia. The contract extension for the service covers seven reefer vessels. The service, which employs seven vessel, is largely for banana trades and has been renewed for an additional year. The company did not, however, disclose any further details on the value of the contracts or expected start date. Star Reefers has been operating between Ecuador and Saint Petersburg for years and recently introduced an interim stop in Vlissingen, Netherlands.
DP World Wins $1bn Port Project in Ecuador
DP World has won a 50 year concession for the development of a greenfield multi-purpose port project at Posorja, Ecuador, 65 kilometers from the country’s main business city of Guayaquil. The $500 million initial investment (Phase 1) will include the purchase of land, dredging of a new access channel, a 20 kilometer access road and a 400 metre berth equipped to handle containers and other cargo. Construction is expected to start within the next six to nine months and take around 24 months to complete, resulting in 750,000 TEU (twenty-foot container equivalent) of capacity.
DP World Wins New $1bln Port Project in Ecuador
DP World has won a 50 year concession for the development of a greenfield multi-purpose port project at Posorja, Ecuador, 65 kilometres from the country’s main business city of Guayaquil. The $500 million initial investment (Phase 1) will include the purchase of land, dredging of a new access channel, a 20 kilometre access road and a 400 metre berth equipped to handle containers and other cargo. Construction is expected to start within the next six to nine months and take around 24 months to complete, resulting in 750,000 TEU (twenty-foot container equivalent) of capacity.
First Damen Fast Crew Supplier Built in Ecuador
For the first time, a Damen Fast Crew Supplier 1605 will be built in Ecuador by Astilleros Navales Ecuatorianos (ASTINAVE) Shipyard. Damen is supplying the complete, prefabricated Shipbuilding Material Package Kit to ASTINAVE. The yard’s technical staff are responsible for the construction, together with Damen Technical Cooperation (DTC). The DTC concept enables customers to build Damen vessels of their choice locally, according to specific requirements. The Fast Crew Supplier will be delivered to Petro Ecuador in September this year.
Ecuador, DP World Begin USD 1bln Port Construction
The President of Ecuador Lenín Moreno and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem today performed a ground-breaking ceremony to mark the start of construction of the greenfield multi-purpose port project at Posorja, Ecuador. The ceremony follows the 50-year concession the company won last year from the Government of Ecuador to build a facility with 750,000 TEU (twenty-foot container equivalent) of capacity to fuel the country’s economic growth and connect it with international markets.
Ecuador Pays $112 mln Award to Chevron
Ecuador has paid $112 million to energy company Chevron Corp over a four-decade-old contract dispute, even though it remains in disagreement, the head of the central bank has said. A Hague arbitration court awarded the U.S. company $96 million in 2011 in a dispute stemming from a 1973 deal that called for Texaco, later acquired by Chevron, to develop fields in exchange for selling oil to Ecuador at below-market rates. Various appeals by Ecuador against the ruling failed. "We have today paid around $112 million," the central bank head Diego Martinez told a local radio station late on Friday.
Venezuela, Ecuador to Defend Oil Prices
Venezuela and Ecuador are working on a joint proposal to defend oil prices that the two countries will present at the next OPEC meeting, Venezuelan President Nicolas Maduro said on Friday. Venezuela was the first country to request an extraordinary meeting of Organization of the Petroleum Exporting Countries to discuss the sharp drop in crude prices that began in October, but the idea got little support. "Our Foreign Minister Rafael Ramirez was in Ecuador today coordinating with the government of President (Rafael) Correa…
Intermarine Opens Office in Ecuador
Intermarine, LLC, a transporter of project, breakbulk and heavylift cargo, announced it has opened an office in Quito, Ecuador. The new office will operate in partnership with agent Tradinter as part of the company’s Americas division to provide pricing, customer and documentation services to regional clients. The office is positioned to service clients on the northern portion of Ecuador, including, but not limited to the provinces of: Pichincha, Esmeraldas, Imbabura, Carchi and Santo Domingo. Intermarine said the location was specifically established to align the service requirements and objectives of the West Coast South America line to those of the customers, resulting in better and quicker assistance, pricing and service.
Ecuador Places New Import Restrictions
Ecuador's Foreign Trade Committee (COMEX) has issued a resolution which establishes new quality control measures for the importation of particular products into the country. The resolution covers items, including cosmetics (shampoo, soap, makeup and deodorants), ceramics, perfumes, toothpaste, processed fries, meat and cereals, among others. Compliance with these new requirements must be certified by accredited verification agencies at the country of origin. The importer has then to obtain a Certificate of Recognition from the National Institute of Standards (INEN) before the goods can be shipped. This procedure can become cumbersome or take very long to be completed which is expected to function as a barrier for a number of items to enter the country.
Perenco Negotiates with Ecuador Government
Perenco Ecuador Limited has called on the Government of Ecuador to cease efforts to sell oil seized from Blocks 7 and 21 in defiance of orders by international arbitration tribunals, and instead to seek a negotiated solution to the dispute concerning the applicability of Law 42. Perenco Ecuador is the Operator of the two blocks in question. On February 19, 2009, the Republic of Ecuador and its oil company, Empresa Estatal Petroleos del Ecuador ("Petroecuador"), commenced a coercive process to collect from Perenco approximately $327 million they claimed were due under a 2006 Ecuadorian law ("Law 42") by which the government asserts a right to 99% of the oil revenues above an arbitrary "reference price." In March 2009…
Port Extension Work Begins at Guayaquil
Terminal Portuario Guayaquil (TPG), port operated by SAAM since 2006, began one of its most important projects in recent years: the extension of its dock by 120 meters. The works will imply increasing the dock from its current 360 meters to 480 meters, project that should be completed by the end of the first quarter of 2017. "The beginning of these extension works is a milestone for TPG. This, together with other initiatives, will allow us to continue positioning the terminal as an efficient alternative in the export of products…
Ecuador to Lift 21% Duty on Colombian Imports
Ecuador will cancel a 21-percent tariff on imports from Colombia by the end of the month, the Colombian trade ministry said late on Wednesday, reversing an effort to shield its economy from an influx of cheap goods. Ecuador, which has been hit by the steep drop in the price of oil, its biggest export, imposed tariffs on imports from Colombia and Peru in January as a result of depreciating currencies in those two nations that made their products cheaper. "In accordance with the commitment made by the Ecuadorian government, the measure will cease to be valid on February 27 at the latest," the Colombian Ministry of Trade, Industry and Tourism said in a statement. Ecuador, the smallest member of OPEC, had also levied a 7 percent duty on imports from Peru. Ecuador, which uses the U.S.
MSC Regulus Collides with Ecuadorian Fishing Boat - 5 Dead
Five people died and six have been reported missing following a collision between MSC Regulus, a box ship operated by Mediterranean Shipping Company (MSC), and the Ecuadorian fishing vessel Don Gerardo II on the border between Ecuador and Peru on December 17, 2016. The victims were all crew members of the fishing vessel. According to reports the two vessels collided just after 5 a.m. Saturday approximately 216 nautical miles southwest of Puntilla de Santa Elena, Ecuador. "At the time of the collision…