Norway Sets the Bar High With Green Orders
As the shipping world prepares to descend on Oslo for Nor’ Shipping 2025, we take a look at the Norwegian fleet which is currently valued at USD 66.2 bn using VesselsValue data. The following charts highlight the Norwegian fleet breakdown by vessel type, top Norwegian companies, S&P transactions, and the breakdown of dual fuel orders by sector. Thanks to government-backed initiatives such as Enova, who offer financial support to facilitate the green transition, Norway is ahead of the game in sustainability when compared to the rest of the world.
Offshore Charging Station Tested on Hybrid Construction Vessel
Norwegian lifting and handling specialist Seaonics has tested its Ocean Charger solution on an electric service operation vessel (SOV).High-voltage charging tests were conducted to charge the batteries on Rem Offshore’s diesel-electric hybrid construction SOV, REM Power, in port as well offshore from a charging point (cable reel, winch and control system) mounted on a wind turbine."At 10 years old, the turbine is one of the smallest offshore but the prototype proved it is possible to install the Ocean Charger on an existing turbine and charge an SOV from day one…
Maersk Sells Remaining Share Holding in Hoegh Autoliners
Danish shipping firm Maersk has sold 20,000,000 shares in Norway's Hoegh Autoliners, cutting its holding to zero, according to a stock exchange filing.The sale at a price of 90.00 Norwegian crowns ($8.34) per share represented approximately 10.48% of the share capital and votes in Hoegh Autoliners, the Norwegian firm said.(Reuters - Reporting by Nora Buli, Editing by Franklin Paul)
Höegh Autoliners Exercises Option to Buy Höegh Tracer
Höegh Autoliners through its subsidiary Höegh Autoliners Shipping AS, declared an option pursuant to a certain bareboat charter party to purchase the vessel Höegh Tracer for a purchase price of $53.2 million from Ocean Yield. The average market value of the vessel estimated by three different brokers was $82 million by the end of Q2 and different financing options for the vessel are being evaluated.Höegh Tracer was built in 2016 with a capacity of 8,500 CEU. The vessel has been…
Höegh Breaks New Record in Ennore
Höegh Autoliners’s RoRo services team in India handled transportation of the 28 meters long windmill blade from Ennore, India to Shanghai, China."Sensitive cargo such as windmill blades require white-glove treatment and experienced personnel to perform the operations. This customer chose Höegh’s RoRo services before conventional Lift On Lift Off operations because of its clear benefits for sensitive breakbulk cargo," international shipping company said in a press release.Atuldutt Sharma, Breakbulk Sales Manager, Hoegh Autoliners India said: "This can be compared to the cargo operations performed with a Lift On Lift Off vessel, where…
Chevron Readying IMO-Compliant Fuel
Chevron plans to bring an IMO-compliant 0.5% sulphur shipping fuel blend to the market by the end of the third quarter, a company representative said on Wednesday.Ships will be required to use fuels with a sulphur content of no more than 0.5% from the start of 2020, down from 3.5% currently, under International Maritime Organization (IMO) rules aimed at cutting air pollution."If the shipping company is willing to try it out now we can make it available, but not for continuous purchase," Chevron Fuels Technologist Monique Vermeire told Reuters at an industry conference."I think it will be avail
Post-Panamax Ro/Ro Makes First US Voyage
A new class of post-Panamax (PPX) vessel made its first visit to Port Canaveral, marking the second time this year a vehicle carrier megaship of this size has called on the port. Launched in 2017, the MV Donington PPX roll-on/roll-off (Ro/Ro) vessel arrived at Port Canaveral as part of its inaugural U.S. itinerary. With its 125-foot beam and capacity to transport over 7,400 vehicles, the Donington is Hoegh Autoliners’ largest Post-Panamax vessel to call on the port. The ship arrived at Port Canaveral, its second U.S. port of call after delivering vehicles to Port Freeport in Texas last week.
Fiat Chrysler Sues Shippers over Alleged Price Fixing
The automaker wants the Federal Maritime Commission to order payments from Wallenius Wilhelmsen Logistics AS and its sister company EUKOR Car Carriers Inc, Nippon Yusen Kabushiki Kaisha, Mitsui O.S.K. Lines Ltd, Compania Sud Americana de Vapores, Hoegh Autoliners AS and affiliated companies. Fiat Chrysler filed its complaint on Oct. 17. All but one of the shippers sued by Fiat Chrysler pleaded guilty and admitted to price fixing as part of a Justice Department investigation. The remaining firm, Hoegh, agreed last month to plead guilty and pay a $21 million criminal fine.
Hoegh Autoliners Denies Price-fixing Allegations
Norwegian shipping firm Hoegh Autoliners denied on Tuesday allegations made by South Africa that it and Japanese rival Mitsui O.S.K Lines had colluded to fix transport tariffs to and from South Africa. Hoegh Autoliners specializes in transporting cars, controlling 50 specialized vessels or 6-7 percent of the global fleet in this market. South Africa's Competition Commission said on Tuesday Hoegh Autoliners had been referred for prosecution on seven charges relating to collusive tendering, price fixing and market division.
FTC Fines Global Car Shipping Firms USD 37.8mln
South Korea's antitrust watchdog Fair Trade Commission (FTC) has imposed a combined 43 billion won (US$37.8 million) in fines on nine global auto shipping companies for bid rigging and price fixing, reported Yonhap. According to the FTC, the nine car shipping companies colluded between August 2002 and September 2012 in global biddings offered by car manufacturers that they should “respect” existing contracts of one another so as not to compete. The nine car shipping companies are Japan’s Nippon Yusen Kabushiki Kaisha, Mitsui O.S.K. Lines, Kawasaki Kisen Kaisha, Nissan Motor Car Carrier and Eastern Car Liner, Norway’s Wallenius Wilhelmsen Logistics and Hoegh Autoliners, Chile’s Compania Sudamericana de Vapores S.A. and Korea’s Eukor Car Carriers.
APM Terminals Pipavav Receives Maiden RoRo Vessel
APM Terminals Pipavav (Gujarat Pipavav Port Ltd), one of western India’s gateway ports, announced having hosted the maiden call by leading RORO operator Höegh Autoliners vessel – m.v. HOEGH ANTWERP at Pipavav Port. HOEGH ANTWERP berthed at Pipavav Port in late January, 2016, to load Ford’s small and midsized cars, being exported from its Sanand plant in Gujarat. Officials of APM Terminals Pipavav, and the senior management of Hoegh Autoliners, India, were present to welcome the vessel, when it berthed. The Master of the vessel, Capt.
Kenya Releases Ship Carrying Weapons
A Norwegian-flagged ship that was held in Kenya for more than a week over undeclared weapons belonging to the United Nations has been released, the owners of the vessel said. Kenyan authorities boarded the ship at the port of Mombasa on Sept. 17 and uncovered undeclared weapons in a U.N. shipment destined for peacekeepers in the Democratic Republic of Congo. The U.N. defended the shipment. "Höegh Transporter has finally been released from detention in Mombasa, Kenya, and has continued her ocean voyage," Hoegh Autoliners, the Norwegian owner of the ship, said in a statement issued on Saturday. The U.N. said the arms were inside armoured personnel carriers destined for its Indian peacekeeping force in the Democratic Republic of Congo.
UN Defends Arms Shipment in Kenya, Calls Drug Claim Disturbing
Weapons discovered by Kenyan authorities aboard a Norwegian ship were part of a legitimate cargo for United Nations peacekeepers and the vessel should not have been inspected without a U.N. presence, a U.N. spokesman said on Thursday. Kenyan authorities said they uncovered weapons and a drug-like substance stashed inside a shipment of U.N. vehicles when they boarded the Norwegian-flagged Hoegh Transporter at the port of Mombasa last week. "It is unfortunate that the Kenyan authorities inspected the cargo without a U.N. presence, which runs contrary to established protocol and provisions surrounding privileges and immunities," the U.N. said in a statement signed by its spokesman in Nairobi, Nasser Ega-Musa.
Kenya: Weapons, Drugs on Norway-flagged Ship
Kenyan security agents have found an unspecified amount of weapons and drugs on a Norwegian-flagged ship they intercepted last week, a senior police officer said. East Africa has become a key export route for Afghan heroin destined for Europe. Coastguards and navies from the region, short of funds and anti-trafficking expertise, have struggled to stem the flow of drugs through their waters. Kenyan authorities boarded the Hoegh Transporter, owned and operated by Norway's Hoegh Autoliners, last Thursday saying it was suspected of carrying drugs and firearms. "We cannot tell how many weapons have been recovered because the exercise is still ongoing and we don't want to jeopardise it by giving incomplete information…
Maersk May Reward Shareholders as Oil Unit Suffers
Danish conglomerate A.P. Moller-Maersk may announce a second share buyback scheme in its 110-year history as early as Wednesday, analysts said, allowing it to reward shareholders as its oil unit takes a battering from a slump in prices. Further divestments from its large portfolio of companies may also be on the radar, funding any buybacks or at least increased dividends, with the world's largest container shipping company focusing more closely on the shipping and oil industries. Maersk's will present its fourth quarter results at 0700 GMT on Wednesday. Net profit is expected to rise 9.8 percent to $1.0 billion, boosted by a 59 percent rise in container shipping but hit by a 50 percent drop in its oil business.
Stricken Hoegh Osaka Ready for Transport
Hoegh Osaka’s list is now at 5 degrees, enabling salvors to turn the vessel in the correct direction and transport it from Alpha Anchorage to Southampton Port. The ship is scheduled to arrive at Berth 101 at approximately 7 p.m. local time, the U.K Maritime and Coastguard Agency (MCA) estimates. During the towing operation, a temporary restricted airspace will be placed 1 mile either side of the navigation route and up to 2,000 ft. There will also be an exclusion zone around the vessel of 1,000 meters ahead and behind and 100m either side. Officials will hold a press conference later tonight. Speaking will be Hugh Shaw, SOSREP, Bram Sperling from Svitzer…
Salvors Delay Hoegh Osaka Refloat
The salvage team has decided to delay the refloat of grounded car carrier vessel Hoegh Osaka. The refloat was initially scheduled for Thursday, January 8, but salvors’ calculations revealed that more water has entered the vessel than was previously predicted, according to the U.K. Maritime and Coastguard Agency. Thus, the preparation for the refloat will take longer than the weather window would allow, forcing the refloat to be postponed. Hoegh Autoliners said the ship’s crew intentionally ran the 51…
Jaguar Land Rover Awaits News of Cars Aboard Beached Ship
Jaguar Land Rover said on Tuesday it was awaiting word on the fate of 1,200 luxury vehicles aboard a 51,000-tonne car transporter ship that has run aground in the English Channel. Salvage experts are working around the clock to right the Hoegh Osaka, which has been stuck on a sandbank off the south coast of England since Saturday. Range Rovers and other Jaguar Land Rover models accounting for most of the 1,400 vehicles aboard are covered by insurance, said a spokesman for the British carmaker, owned by India's Tata Motors Ltd. "We're still evaluating what has happened," the spokesman said.
Cargo Vessel Grounded off South of England
A cargo vessel is grounded in the Solent, a major shipping route off the south coast of England, Britain's Maritime and Coastguard Agency said on Sunday. The Hoegh Osaka car carrier began listing after leaving Southampton port on Saturday evening and the 25 crew were rescued by helicopter and lifeboat, the coastguard said. There were no life-threatening injuries. The ship's owner, Hoegh Autoliners, said they were assessing the damage. "The crew have confirmed that the vessel is not taking in any water and they are presently in a stable position with current list," Hoegh said in a statement. "Höegh Autoliners are fully co-operating with all the authorities at this time to ensure the vessel remains safe.
Latest Ocean-going Shipbuilding Orders
A relatively quiet week in the shipbuilding sector according to the latest report Clarkson Hellas S&P Weekly Bulletin. Henghou Industries have contracted two further vessels in a series of 250,000 dwt ore carriers at Guangzhou Longxue. Pricing remains undisclosed, however delivery of these latest vessels is planned for 2016 and takes the total series to four firm. Knightsbridge Tankers are reported to have placed an order for two firm 180,000 dwt Capesize at Daehan Shipbuilding, with delivery of both vessels planned for 2015.
Maiden Call of "Glovis Condor" at the Haropa Ro-Ro Terminal
GLOVIS, a Korean company and a newcomer as a shipping line, was at first expert in global automotive logistics. As a result of a tonnage agreement with Hoegh Autoliners, the latter market this shipping service on the Middle East trade with one vessel per month and GLOVIS manages the operations, with Marmedsa as Agents. The Glovis Condor calls for the first time at Le Havre as part of the service. “Glovis Condor, built in 2011, arrived early this morning to be handled at the Le Havre ro-ro terminal.
Latest Ocean-going Vessel Newbuildings
A quiet week in the dry newbuilding market, but more active in the tankship & gas carrier shipbuilding sectors notes the latest Clarkson Hellas S&P Weekly Bulletin. Understood to have been concluded towards the middle of this year, clients of Capital Maritime have placed an order for two firm plus two option 180,000 DWT Capesize at Jinhai Heavy. Pricing for the deal remains undisclosed however delivery of the firm vessels is understood to be planned for 2015. Similarly understood by Clarkson Hellas to have been concluded some months ago and only coming to light this week…
Calif. Fines Shippers $440K for Violating Fuel Regulation
The California Air Resources Board has fined three international shipping companies a combined $440,250 for failure to switch from dirty bunker fuel to cleaner, low-sulfur marine distillate fuel upon entering Regulated California Waters, as required by state law. “Ships en route to California ports emit thousands of tons of diesel exhaust each year,” said ARB Enforcement Chief Jim Ryden. An ARB investigation showed that on 17 visits to California ports between November 6, 2009 and July 18, 2011, the vessel Hoegh Inchon operated its main engines within Regulated California Waters on bunker fuel, a dirtier fuel oil that contributes to onshore pollution levels of diesel particulate matter, sulfur oxides and nitrogen oxides. The parent company, Hoegh Autoliners Shipping AS Co.