Marine Link
Friday, January 19, 2018

Freight Carriers News

MacGregor To Supply For RoRo Carrier

MacGregor is scheduled to retrofit three sets of flood control doors to a RoPax freight carrier constructed in 1990. The flood control barrier system from MacGregor includes the retrofit of three sets of single-section top-hinged flood control doors. MacGregor's specialists will perform this work during the vessel's docking from September - November of this year.

Hapag-Lloyd Gets Four of the 'Best'

Staff from four leading international forwarders have voted Hapag-Lloyd the best shipping line for 2012. Kühne + Nagel (“Best Carrier Award”) and DB Schenker (“Ocean Carrier of the Year”), now Hellmann Worldwide Logistics (“Global Carrier Award”) and Panalpina (“Global Ocean Freight Carrier Survey”) have awarded Hapag-Lloyd highest grades for quality and customer service. “These awards make us especially proud as they come from our customers’ staff, the people who work daily with Hapag-Lloyd worldwide: Those who can really judge and value the high quality of our services,” says Michael Behrendt, Chairman of the Executive Board of Hapag-Lloyd. More and more major shippers are having staff evaluate their most important suppliers using satisfaction questionnaires.

Ingram Barge to Participate in EPA’s SmartWay

Ingram Barge Company announced its participation in the new Barge Freight component of the SmartWay Transport Partnership, a public-private partnership between the U.S. Government’s Environmental Protection Agency (EPA) and the country’s leading private industry freight carriers and freight users aimed at reducing carbon, oxides of nitrogen and particulate matter emissions. Ingram has been involved with the EPA in helping to develop, test and pilot the tool since 2010 and Ingram hopes that others will follow its lead in committing to improve efficiency and reduce pollution. SmartWay, currently composed of more than 3,000 truck and rail carriers and the shippers that hire them, is adding a new Barge Freight component this year.

Hamburg Süd Receives Panalpina Award

Photo courtesy of Hamburg SĂĽd

Hamburg Süd has been recognized for the first time with the “Carrier of the Year” Award by the internationally operating transport and logistics group, Panalpina, based in Basle/Switzerland. Peter Frederiksen, Member of the Executive Board of Hamburg Süd, accepted the award at the shipping company’s headquarters in Hamburg in mid-January. The Panalpina Award is the result of the “Panalpina Ocean Freight Carrier Survey 2014”, for which the company asks around 1,700 employees worldwide to evaluate their daily dealings with various shipping lines according to different criteria.

Temasek to Sell Neptune Orient Lines

Singapore state investment company Temasek Holdings has put up its struggling $1.7 billion shipping company for sale, the Wall Street Journal reported, citing people familiar with the matter. Neptune Orient Lines Ltd (NOL), 65 percent-owned by Temasek, announced in February the sale of its logistics business to Japanese freight carrier Kintetsu World Express Inc for $1.2 billion. NOL's move to sell its logistics business had renewed market speculation of a sale of the entire company. An NOL spokeswoman declined to comment, while Temasek Holdings was not immediately available after office hours. Reporting by Shubhankar Chakravorty and Anshuman Daga  

French to get EC Funds to Upgrade Fleet

The European Commission authorized a French aid scheme to promote inland waterway transport. The Commission agreed to a French aid scheme for inland waterway transport. This scheme will be in force during the period 2004-2007 with a budget of between €14.5 and €15 million per annum. The aim of this new scheme is to encourage the development of inland waterway transport in France through fleet modernisation and by promoting the occupation of inland waterway carrier. Any inland waterway freight carrier operating in France is potentially eligible for this aid. The scheme takes over the inland waterway transport aid plan for the period 2001-2003.[1] The new scheme also proposes new aid designed to take better account of current market conditions. The aid plan is in two main parts.

$1.7 billion NOL Up for Sale. Will Hapag-Lloyd Buy?

Photo: NOL Group

Singapore Sovereign Wealth Fund Temasek Holdings has put Neptune Orient Lines (NOL) up for sale, says a Wall Street Journal (WSJ) report. The WSJ reported that Temasek was in talks with one buyer in recent months but the two sides could not agree on a price for the loss-making company. The WSJ put NOL's market capitalization at 2.3 billion Singapore dollars ($1.7 billion). The report, citing unnamed sources, said the liner company has been "shopped to prospective buyers" in recent months. NOL is about 67 per cent owned by Temasek, going by Bloomberg data.

MSC Acquires Portugal Intermodel CP Carga

Photo: CP Carga

Swiss  Mediterranean Shipping Co. (MSC) has finalized the acquisition of CP Carga, the freight and logistics unit of Portugal’s state-owned railway. MSC Rail, railway company of MSC, has completed the acquisition of the CP Carga - Logística e Transportes Ferroviários de Mercadorias SA, railway company established in 2009 and formerly owned by the group's entire public rail Portuguese Combois de Portugal (CP). The acquisition plan for of 95 percent of the rail freight carrier was formalized  and announced last year, but the Portuguese authorities gave their consent in December 2015.

Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard

File image CCL3

Clarkson Hellas understand that Golden Union have declared options for three further 81,200 DWT Kamsarmax at AVIC Weihai Shipyard for deliveries throughout 2016 and 2017 to add to their existing two units currently under construction. Clients of Sealink Navigation have contracted two firm 63,000 DWT Ultramax with Imabari Shipbuilding in Japan for deliveries in 2016 for the first unit and in 2017 for the second. Also, although understood to have been signed last month, it came to light this week that they have also placed an order for two firm 34…

Kintetsu Pays $1.2bln for APL Logistics

Image: Kintetsu World Express

Japanese freight carrier Kintetsu World Express Inc is buying Singapore's APL Logistics for US$1.2 billion, paying a higher than anticipated price for an overseas deal at a time of slow domestic growth. Tokyo-headquartered Kintetsu Express said on Tuesday that it agreed to pay S$1.6 billion to buy all of APL's shares from its parent, Neptune Orient Lines (NOL). Its own capital and bank loans will be used to fund the deal, it said. The sale of APL Logistics to the Japanese company will enable NOL to concentrate on its core but troubled container-shipping business.

American Maritime Industry Praises Obama, Foxx for Port Visit

The American maritime industry today praised President Barack Obama and Transportation Secretary Anthony Foxx for visiting the Port of Jacksonville, Florida to talk about jobs and economic growth. Thomas Allegretti, the Chairman of the American Maritime Partnership, noted that the Port of Jacksonville alone is homeport to four American-owned freight carriers. “It is good to see the President recognizes that the American maritime industry continues to play an important role in the nation’s economic future and wants to make investments in infrastructure to support that industry,” Mr. Allegretti stated. The domestic American maritime industry in Florida supports more than 27…

TTS Worldwide is OL USA

Cargo ships entering one busiest ports in world Singapore Photo OL International Holdings

OL International Holdings LLC (OL International) today announced the renaming and rebranding of TTS Worldwide as OL USA. Effective February 1st, 2017, the change is the latest and most symbolic development in an aggressive, multi-year strategic expansion plan for OL International’s businesses – now with representatives on the ground in over 140 countries. The announcement follows quickly on the heels of the launch of OL South Africa and OL Dubai in recent months. The far-reaching NVOCC network now encompasses 14 offices and more than 210 agents worldwide…

Biden Champions Maritime at Port of Virginia

VP Biden speaks at the Port of Virginia (DOT photo)

Carrying 95 percent of U.S. foreign trade, our maritime transportation system, which includes America’s ports, is a crucial component of our nation’s economy. And with our growing population—and the associated need to increase the amount of freight our transportation network carries—maritime’s value will only grow in the future. This point is not lost on the Obama Administration, and it’s the reason why Vice President Joe Biden joined U.S. Senator Mark Warner (D-Va.), U.S. Rep.

Business Briefs

Hvide Marine Incorporated (HMI) and subsidiary Sun State Marine Services, Inc., recently christened the first in a series of new cargo ships at its U.S. shipyard facility in Green Cove Springs, Florida. Constructed entirely on-site by Sun State Marine Services, Inc., the 190-foot 'landing craft' type freight vessel is specially designed and ideally suited for conducting trade with Bahamian and Caribbean markets that have minimal or unimproved facilities. "The landing craft has a reinforced hull that allows use of unimproved landing sites such as beaches or boat ramps by actually grounding the forward part of the vessel," noted Robert J. Coppedge, vice president of Sun State Marine Services, Inc.

Canadian Pacific Hires Marsh as Sales VP

Picture Courtesy: Canadian Pacific Railway

The appointment of Tim Marsh as senior vice president sales and marketing by Canadian Pacific Railway Ltd is aimed at bolstering its battered intermodal business, says a report from Globe and Mail. Marsh, who brings 25 years of international shipping industry sales and marketing experience, most recently served as executive VP North America Trade Division for Cosco Container Lines (COCSO), the global shipping giant. CP has lost some big intermodal customers to Canadian National Railway Co.…

U.S. DOJ: Pollution Settlement Nets $1 Million

$1 Million Settlement Enhances Land and Sea in the Eastern District of Texas. BEAUMONT, Texas — U.S. Attorney John M. Bales announced a settlement reached with a European shipping corporation has resulted in significant enhancements to nature conservation groups in the Eastern District of Texas. The $1 million settlement was announced at a press conference on the banks of Village Creek in Hardin County, Texas today. CIMPSHIP Transportes Maritimos, S.A., a Portuguese corporation headquartered in Funchal, Portugal, was initially indicted in 2010 and charged with conspiring to violate environmental laws causing willful pollution of waterways within the Eastern District of Texas.

NOL in Acquisition Talks with CMA CGM, Maersk

Photo: Neptune Orient Lines Ltd

Neptune Orient Lines Ltd (NOL)  has officially confirmed that it is a takeover target of two separate companies: French shipping company CMA CGM and Danish conglomerate AP Moeller-Maersk. As per a report in the Business Times, NOL said in an announcement on Saturday evening that it was in preliminary talks with the two "with respect to a potential acquisition of NOL". "There is no assurance that any such discussions will result in any definitive agreement or transaction, or that any offer for NOL will be made or as to the terms on which any such offer might be made," it said.

Vigor’s Tacoma Yard Delivers Breasting Barges to Foss

Photo courtesy of Vigor Industrial

Fabrication teams at Vigor Industrial’s Tacoma, Wash. shipyard have delivered three 60’ x 24’ x 15.5’ breasting barges to Foss Maritime. The barge system will be used to moor Shell’s drill rigs at Terminal 5 in Seattle, Wash. where the company is scheduled to ready its fleet for Arctic drilling this summer. The project was completed in less than two months and created 60 family wage jobs for the Tacoma yard and its subcontractors. “We are so pleased that our Tacoma shipyard is now building new vessels,” said Bryan Nichols, Vigor Fab sales manager.

Tests on New Technology To Secure Cargo Movement

U.S. Transportation Secretary Norman Y. Mineta announced the successful completion of a test of new technology that will help to secure cargo containers entering ports and border crossings throughout the United States. The test, carried out through the U.S. Department of Transportation’s Intelligent Transportation Systems (ITS) program, involved the use of electronic seals (E-Seals), a radio frequency device that transmits shipment information as it passes reader devices and indicates if a container has been compromised. “This new technology will help to enhance the security of our nation’s transportation system by enabling us to track cargo shipments into the United States,” Secretary Mineta said.

Interferry Seeks Ro-Ro Recruits to boost IMO Voice

Trade association Interferry is mounting a membership drive with ro-ro operators among key targets in a further move to strengthen its representation at the International Maritime Organization. Interferry, which has had IMO consultative status since 2003, recently became an associate member of the influential International Chamber of Shipping (ICS) and has just set up a regulatory committee to direct safety and environmental submissions by its newly expanded delegation. Now the association – formed 35 years ago by passenger sector interests - is aiming for more ro-ro members after becoming increasingly involved in issues that also affect freight-only ferries.

Baltic Exchange to Develop LNG Freight Index

(File photo: Teekay Corporation)

The Baltic Exchange is looking into launching a freight index for liquefied natural gas (LNG) and is working with leading ship brokers to explore potential shipping routes that might be used as the LNG market grows, the company said on Thursday. Founded in 1744 as a forum for chartering vessels, the Baltic Exchange now produces benchmark indexes for global shipping rates, including ones used by the multi-billion dollar freight derivatives market. Singapore Exchange acquired the exchange in 2016 and since then the Baltic has been looking for new markets to develop.

GasLog: New Shipbuilding Order with SHI

Image: GasLog Ltd

GasLog , an international owner, operator and manager of liquefied natural gas (LNG) carriers, has announces that it has ordered a newbuild 180,000 cubic meter vessel with XDF propulsion from Samsung Heavy Industries (SHI) that is scheduled to  deliver in the third quarter  of 2019. This vessel is currently unchartered but its early delivery means that it is expected to deliver into a strong LNG shipping market. Paul Wogan, Chief Executive Officer of GasLog Ltd., commented, "I am very pleased to announce this expansion in our fleet.

Sause Brothers Towing Repowers Ocean Tug

Based in Coos Bay Oregon, Sause Brothers Towing has been towing between Pacific Northwest and Southern Californian ports for over 50 years. A new double-hulled 105,000-barrel oil barge, Sunset Bay, is currently alongside at the company shipyard in Coos Bay. With the hull built at the Gunderson yard in Portland it is being outfitted by Sause. Also at the yard, the ocean going tug Powhatan is undergoing an extensive repower that will see a pair of 850 HP engines replaced with a pair of Cummins KTA50 M2 mains each rated for 1500 HP at 1800 RPM. A new pair of Reintjes WAF772 marine gears with 7.45:1 ratios have also been installed in the 105x30-foot tug.

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News