Marine Link
Tuesday, January 23, 2018

Holiday News

BIMCO Holiday Calendar 2002 Now Available

The 2002 edition of the BIMCO Holiday Calendar has now been released. First published in 1913, the BIMCO Holiday Calendar provides specific information on general holidays in 157 countries. In addition, the publication includes local holidays and working hours in more than 630 ports worldwide. and weekdays working hours are also included in the country-by-country listing. definition". It is indispensable to those negotiating charter parties, planning voyages or computing laytime. BIMCO Members receive one complimentary copy of the BIMCO Holiday Calendar as a part of their membership. Additional copies are available from BIMCO Publications A/S at a cost of $62.00 for BIMCO members and $93.00 for non-members, including airmail postage. improve decision-making and fixture negotiations.

Coast Guard Seizes 12,000 Pounds of Cocaine

Photo: USCG

The crew of the U.S. Coast Guard Cutter Steadfast returned home to Astoria, Oregon in late December after making several drug busts while on patrol in international waters off the coasts of Mexico and Central America. Over the course of a 50-day counterdrug patrol in the Eastern Pacific, Steadfast crewmembers interdicted five separate vessels engaged in suspected illegal drug smuggling. During the patrol crewmembers detected and boarded a low profile vessel, a custom fabricated boat specifically built to evade law enforcement.

Star Bulk to Repay Debt Principal

Photo: Star Bulk Carriers Corp

Star Bulk Carriers announced that, in light of the improved performance of the Company and the dry bulk market in general, it is planning to make debt principal repayments that are in total at least equivalent to the amortization payments scheduled prior to the commencement of debt amortization holidays. The repayment will start from January 1st 2018, under the “cash sweep” mechanism incorporated in its loan agreements. Star Bulk had previously agreed with its Lenders debt amortization holidays that commenced on June 1st 2016 and were due to end on June 30th, 2018.

Merwede Shipyard to Build Holiday Ship

The National Association the Zonnebloem has chosen the Merwede Shipyard to build the new holiday ship for the sick and handicapped. The contract was signed on November 4 at the shipyard in Hardinxveld-Giessendam. The plan is to start work at the yard in spring 2005 on building the new holiday ship of the Zonnebloem. The first holiday makers will be able to board the ship in March 2006. Ton Rietdijk, director of Merwede Shipyard, is enthusiastic about the new commission. "It is an honor to be able to build such a special ship. The specially adapted sailing holidays of the Zonnebloem are extremely important for the serious ill and handicapped.

USCG Recruits Enjoy Christmas with Host Families

Recruits stand ready to be taken by their host family during the annual Operation Fireside pick up process at Coast Guard Training Center Cape May, N.J., Dec. 25, 2014. Nearly 300 recruits were assigned host families to spe

The Coast Guard and American Red Cross placed nearly 300 Coast Guard recruits with several dozen South Jersey families for Christmas as part of Operation Fireside. Operation Fireside has placed recruits with South Jersey families during the holiday season since 1981. It allows recruits to celebrate the holiday with a host family while they’re separated from their loved ones during the rigorous basic training program. “This holiday season, our recruits are here preparing for their futures in the Coast Guard,” said Capt. Todd Prestidge, commanding officer of Training Center Cape May.

Holland America Line Offers Diverse Options in Premium Cruising

Half Moon Cay Aerial photo

Travelers looking for an intimate, mid-sized cruise experience in the Caribbean have 126 itineraries to choose from during Holland America Line’s 2014-15 Caribbean season. well as partial transits of the Panama Canal. The diverse itineraries visit 30 ports and give discerning guests more options than any other premium line exploring the region. From October 2014 through April 2015, ms Eurodam, ms Maasdam, ms Nieuw Amsterdam, ms Noordam, ms Ryndam, ms Westerdam and ms Zuiderdam sail regular Caribbean voyages…

Transatlantic Panamax Rates Hit Six-Week Lows

Panamaxes for transatlantic round voyages fell to six-week lows on Wednesday as trade was limited by a series of European holidays in the month of May, brokers said. "It's not looking good, every region is down. To say it's a disaster for owners would not be an understatement," a broker said. Transatlantic round voyage returns are edging closer to the $11,000-a-day mark. Brokers said that commodities trading house Cargill booked a 1997-built panamax at $11,500 a day, which underlined the weaker Atlantic market. Another broker said the panamax market would remain under pressure in the short-term unless charterers had some surprise cargoes to cover.

Maersk Line’s Chinese New Year 2015

Image by Maersk Line

Eastbound Blank Sailings:  The 4713 Chinese New Year (CNY) begins on February 19th, 2015, and will run for 15 days as the people around the world reunite to celebrate the holiday. Maersk Line has advised customers of nine blanked sailings over the CNY holiday period between Asia and Europe in its 2M vessel sharing alliance with MSC. "Manufacturing plants typically shut down during this time, with many workers in the world's supply chain taking this time off to celebrate the festivities.

Panama Institutions to Close for Independence Day

From the evening of Friday, November 29 until Monday, December 2, inclusive, all banks and public institutions in Panama will be closed for the Independence Day Holidays. It will therefore not be possible to arrange cash to masters, receipt of courier mails and processing of crew visas/OK-to-Boards during this period. Clearance of ship spares via airfreight may also be intermittent. Affected parties are urged to make necessary arrangements prior to the holidays.

Warning: Holiday Lights on Vessels

The U.S. Coast Guard issued a safety alert reminding mariners, particularly during the holiday season, to not activate display lights that obscure the required navigational lights, unless operating in a holiday boat parade or when the vessel is secured dockside. Alert 09-09 (12/18/09). (Source: USCG Historian’s Office)

Eye on the Navy - Holiday Lights

The guided-missile destroyer USS Russell (DDG 59) displays a spectacle of holiday lights during the 2008 Afloat Holiday Lighting Contest on board Naval Station Pearl Harbor Dec. 18, 2008. Hawaii area commanders toured the harbor and judged ships based on best lighting scheme, most creative display and energy conservation. U.S. Navy photo by Mass Communication Specialist 1st Class Michael Hight.

Cruise Ships to be Renovated Following U.S. Government Charters

Sensation and Holiday, currently on charter to the U.S. refurbishment prior to re-entering service this spring. Orleans Oct. program it previously operated prior to Hurricane Katrina. The 1,452-passenger Holiday will resume its previously operated program. other programming. more space for sunning and relaxing. include an entirely new decor and remodeled bathrooms. will be refurbished as well. restaurant and public area, along with the creation of several new crew areas. greets guests as they enter the vessel. seating, and new carpeting and tile work throughout.

Ingalls Shipbuilding: Gulf Coast Santa to Needy

Christmas Food Donations: Photo credit HII

Ingalls Shipbuilding brings holiday cheer to communities through employee donations and $15,000 to local food banks. Huntington Ingalls Industries' Ingalls Shipbuilding division and its employees have participated in holiday giving throughout all of the communities on the Gulf Coast. Hundreds of employees worked together to donate money, food, toys and other special items to several different organizations. The company donated $5,000 and 560 pounds of food to Our Daily Bread food pantry in Pascagoula…

Asian Panamax Rates Up Slightly

Asian Panamax freight rates for dry bulk cargo edged up slightly this week in slow trade due to New Year holidays, Reuters reported. But the outlook for the Panamax sector remained healthy as activity would pick up momentum after the holiday period and the arrival of new ships was unlikely to affect Panamax rates before April, brokers said. The freight rates for the heavy grain Panamax benchmark route, U.S. Gulf to Japan, were quoted higher at $22.493 a ton compared with $22.208 two weeks earlier, brokers said. Panamax rates for the U.S. Pacific route were indicated at $16.543 per ton, up from $16.325 two weeks ago. Brokers said reported fixtures had been slightly quieter as Christmas and New Year holidays kept chartering businesses slow.

Holiday Demand Drives Increased Container Traffic

Retail Container Imports to Increase 9.9 Percent in October as Stores Stock Up for Holiday Season. Import cargo volume at the nation’s major retail container ports is expected to increase 9.9 percent in October as merchants wrap up the annual shipping cycle for holiday merchandise, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “NRF’s annual forecast says retailers should see solid growth during the holiday season this year and these cargo numbers back it up…

Holidays Retail Imports Up Despite Government Shutdown

Despite concerns over the government shutdown, import volume at the nation’s major retail container ports is expected to grow 9.1% in October over the same month last year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. The numbers reflect merchandise ordered months before the shutdown as retailers planned for the holiday season. “With the holidays nearly here, retailers are making sure their shelves are well-stocked,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. U.S. Customs and Border Protection has furloughed 6,000 workers because of the government shutdown that began last week…

Asia Dry Bulk-Capesize Rates Impacted by China Holidays

Weak holiday demand to pressure rates lower. Rebound seen after China returns to market on Oct 8. Freight rates for capesize bulk carriers could come under pressure next week as lower cargo volumes due to holidays in China thwart shipowners efforts to push rates higher, ship brokers said. "There was a bit of a rush to fix earlier this week ahead of the holidays ... but it has been very quiet in the last couple of days," a Singapore-based capesize broker said on Thursday. "We are seeing resistance. Owners are holding off fixing their vessels. Ships are stopping in South Africa on owners' expectations freight rates will rise," he added.

Tanker Trends: Markets Lose Steam During Asian Holidays

Tanker markets cooled as Asian holidays took the steam out of recent strength, but some brokers saw it starting to simmer again last week. Holidays in Japan and Korea this week coincided with the end of most charterers' May programs, brokers said May 5. Approximately 18 VLCC fixtures of five million tons were reported in the Middle East Gulf, down from 22 of six million tons the week before, according to broker E.A. Gibsons. "However, there was sufficient momentum in the market to maintain rates at their previous levels," Gibsons said. With modern tonnage remaining in tight supply it was reasonable to expect rates to stay at current levels or even improve over the next few weeks, it added.

Coast Guard Halts Carnival’s Holiday for Investigation

Coast Guard investigators, a law enforcement boarding team, and the Coast Guard Investigative Service are investigating the cruise ship, Holiday, after three separate breaches of security occurred Monday during the passenger embarkation process. The Coast Guard Captain of the Port New Orleans, Capt. Ron Branch, has ordered the Holiday to remain at the Julia Street Terminal until all passengers and luggage are screened again. Approximately 3 p.m. Monday, Coast Guard personnel aboard Holiday received a report from a passenger, also a policeman, that he left his handgun in his luggage. After locating and searching the luggage, the weapon, a .38-caliber handgun, was found and placed in a secure location. About an hour later, Holiday crewmembers discovered four bullets on a passageway floor.

Dangerous Goods Restriction in South China Outports

In view of the forthcoming China National Day Holiday from October 1 - 7, 2014 please be informed that operation restrictions will be in place for import shipments to South China (including Guangdong, Guangxi, Hainan and Yunnan Province). Import operations remain unchanged for Shenzhen ports including Yantian, Shekou, Chiwan and Da Chan Bay. Please note that should any demurrage and/or detention charges be incurred at the transshipment port due to the restrictions during the China National Day Holiday period, the applicable fees will be on the account of the cargo.

Cruise Season Kicks Off in Portland, UK

Eurodam (Photo: Portland Port)

Portland Port celebrated the launch of its 2015 cruise program receiving more than 4,000 passengers over the early May Bank Holiday weekend. Royal Caribbean Cruise Lines’ Serenade of the Seas made her inaugural call on the Saturday and Holland America Lines’ Eurodam returned to the port for a second consecutive year on the Bank Holiday Monday. The port expects some 26,500 passengers to call at Portland throughout 2015. Another three cruise ships are due to call throughout May with return visits from the Serenissima, Prinsendam and Costa’s neoRomantica.

Good Friday Container Gate Operations at Charleston

Truck gates at Charleston's container terminals will be open on Friday, April 18th, 2014 with modified holiday work hours.   The interchange lanes and yard will be open from 0800 to 1200 and from 1300 to 1700. Empties, Dry Loads, and Chassis must be    Interchanged in by 1630. If the Ocean Carriers are providing Reefer Service, the Reefers must be Interchanged in by 1600.   In addition, drivers and dispatchers are encouraged to schedule and spread out work to avoid queues around the noon to 1300    gate closure.   HOLIDAY WORK DAY: OPEN 8:00 AM - noon, 1:00 PM - 5:00PM   South Carolina Ports

SS&Y Capesize Indices

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 243 points to 5,259 in the week ending May 8. "The Pacific Capesize index fell after the holidays in the Far East, with early vessels becoming the victims of a lack of inquiry," SS&Y said. "A $1 fall on the Queensland/Rotterdam route (120/150,000 ton cargo) was certainly not going to help the index, which witnessed its first serious decline since January," SS&Y added. Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index fell 131 points to 4,786 in the week ending May 8. "The Atlantic Capesize index dived on the back of weaker demand, which softened rates for early tonnage. However, iron ore demand in the Atlantic remained steady and limited the fall in rates to more moderate levels," SS&Y said.

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

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