AET Grows in Brazil
With the ongoing development of deepwater pre-salt plays and a decreased demand on local content in tankers and other vessels, Brazilian national operator Petrobras and other super-majors have been looking abroad for better rates and reliable operators of shuttle tankers. Claudio Paschoa, Maritime Reporter’s correspondent in Brazil spoke to Peter Liew, Global Director – Mid Size Tankers, Crude Shipping, about AET Tankers’ history and its operations in Brazil.AET (formerly American Eagle Tankers) was founded in Houston in 1994 primarily to conduct lightering operations in the Gulf of Mexico.
Call for Development of Holistic Corridor in Baltic
Development of transport corridors ensures smart and innovative cross-border transport and logistics services on the core transport network of the Baltic Sea Region. The ways to develop the smart North Sea–Baltic, Baltic–Adriatic and Scandinavian–Mediterranean Core Network Corridors in the new Multiannual Financial Framework 2021-2027 were discussed in Tallinn earlier this week. The seminar “Delivering Smart and Innovative Strategic Transport Projects: post-2020 perspective” was organized as a part of the 9th Annual Forum of the EU Strategy for the Baltic Sea Region (EUSBSR).
Flex LNG Charters New LNG Carrier to Enel
Flex LNG , a global shipping company specializing in the ownership of LNG carriers, announced that through a separate wholly-owned subsidiary, it has entered into a time-charter agreement with Enel Trade, a company of the Enel Group, a multinational power company and one of the world's leading integrated electricity and gas operators. The time charter period of 12 months will commence during the second half of 2019. Enel also has the option to extend the contract by an additional 12 months subsequent to the firm period.
Wärtsilä, Hidrovias Group Ink Maintenance Deal
Wärtsilä and Hidrovias do Brasil signed a five-year Optimized Maintenance agreement on the fleet of eight pusher tugs operating in the rivers of South America. The agreement enables flexible maintenance planning and execution according to the real condition of the equipment, thus ensuring better lifecycle value for the vessels. Hidrovias pusher tugs offer high-quality logistic solutions for the transportation of agricultural commodities, ores, steel products and other loads, with customized long-term projects in the rivers of Paraguay, Brazil, Argentina and Uruguay.
UniCarriers Corporation becomes Mitsubishi Logisnext
Mitsubishi Nichiyu Forklift announced that it will conduct the operational integration with its consolidated subsidiary UniCarriers Corporation and change its company name to "Mitsubishi Logisnext. Mitsubishi Nichiyu already announced its intention to perform the operational integration, on May 12, 2017, and, as of today, would like to announce that it will conclude the agreement between Mitsubishi Nichiyu and UniCarriers (Absorption-type Company Split Agreement) for which October 1, 2017 (planned) is set as the effective date, and will change its company name.
GoodFuels Launches Sustainable Drop-in Marine Fuels Pilot
Heineken Netherlands, Nedcargo and sustainable fuel market-leader GoodFuels have launched a pilot to demonstrate a sustainable drop-in marine fuel on-board of the ‘For Ever’ – an inland barge dedicated to transport Heineken export beer, from the Heineken brewery in Zoeterwoude to the deep-sea terminals in Rotterdam. The advanced marine fuel supplied by GoodFuels contains 30% biofuel and thereby reduces CO2-emissions by more than 25%, whilst also sharply reducing local emissions as nitrogen and particulate matter.
Maersk Line, RUSAL Partner Long-term
Container shipper Maersk Line has signed an agreement of intent with global aluminum producer RUSAL to cooperate within cargo transportation for the long term. Under the agreement, RUSAL and Maersk Line will cooperate with regards to transport of RUSAL’s products, particularly aluminum and alloys. The estimated cargo volume of the agreement may reach 10,000 containers (TEU) per year. The agreement is valid for three years and includes options for further extension. “The signing of this agreement is a confirmation of the mutual intentions to build a long-term strategic partnership between RUSAL and Maersk Line. The aim of the agreement is the joint search for the most optimal logistic solutions aimed at optimizing costs for both parties,” said Vladislav Soloviev, RUSAL CEO.
Global Marine Port and Service Industry to Grow at a CAGR of 4.7%
According to a new industry report published by Lucintel, the future of the global marine port and service industry looks good, with opportunities in the marine freight transportation industry. As per a Lucintel study, the global marine port and service industry is forecast to grow at a CAGR of 4.7% from 2015 to 2020. The major drivers of growth for this industry are high growth of the marine freight transportation industry and surging demand of containerized and bulk cargo. Increasing global exports…
TransAtlantic Divests Container, Ship Management Operation
TransAtlantic AB has reached an agreement to divest the Container Operation to X-Press Feeders and, in a separate transaction, to divest Ship Management operations to AtoB@C. The container operations to be sold consist of TransFeeder North Line, TransBothnia Container Line and TransFeeder South Line, including the forwarding business and 15 onshore employees. The annual turnover is approximately 420 MSEK and 105 000 TEUs. The purchase price is 3.1 MEUR on a debt free basis, payable in cash on closing. The transaction is expected to close in the beginning of December 2015.
USCG Updates Prohibited Cargo Carriers List
The U.S. Coast Guard (USCG) Port State Control (PSC) updated its list of vessels and ship management companies that are prohibited from carrying U.S. government impelled cargos. Americas Marine Management Services, Inc. Caribbean Ship Services, Inc. Elicla Maritime Advisor & Broker Inc. Enterprises Shipping & Trading S.A. Fusion Holdings International S.A. Held Bereederungs Gmbh & Co. Jutha Maritime Public Co. Ltd. Labris Co Ltd. Norbulk Shipping UK, Ltd. Nordana Line (Singapore) Inc. Nordica Schifahrts GmbH & Co. Northway Marine Corp. Sea Trader International Co., Inc. Seatrade Groningen B.V. V Ships (UK) Ltd. Valencia Shipping Corp. Wavecrest Shipmanagement, Inc.
Wilhelmsen Holdings Felt the Draught in Q2 2013
Operating profit in the second quarter of 2013 was down compared with the second quarter of 2012 when the shipping industry was in less troubled circumstances. Operating profit for the second quarter totalled USD 106 million (USD 139 million) based on a total income of USD 903 million (USD 972 million). Compared with the previous quarter, the operating profit was up 37% while the revenue increased 4%. The figures were down 23% and 7% respectively, when comparing with a historically strong period in the shipping segment in the second quarter of 2012. “We have seen higher activity levels in our main business segments. The major driver is a 13% increase in volumes transported deep sea.
Hutton’s Adjusts to Meet Customer Demand
Customer service and meeting fast-moving international deadlines are at the heart of a head office reorganization by Hutton’s, the U.K.’s leading ship supplier. Hutton’s has developed a centralized Customer Services department at its headquarters in Hull. Bringing together staff skilled in sales, accounts and client liaison, Hutton’s highly trained and knowledgeable Customer Services team will assist all its customers with any sales or technical enquiries they may have. They are able to respond to enquiries relating to any U.K.
LauritzenCool and NYK Reefers in New Cooperation
next year. and NYK Reefers taking a 50% share of LauritzenCool Logistics. solutions at competitive prices. LauritzenCool AB and NYK Reefers Ltd. tonnage sharing agreement with effect from January 1st 2004. service to the customers. vessels between 375f-760f cubic feet. maintaining an independent reefer operation. LauritzenCool AB and NYK Reefers Ltd. wholly owned subsidiary of LauritzenCool AB. to growers and exporters as well as importers and retailers. cool chain. enhance the return to our ship owning partners. LauritzenCool Logistics as a company. Mr. efficient and flexible service to our valued customers. NYKLs strategy being a logistics mega carrier. partner in this area. Mr. that this marks an important step in the development of the company. our customers.
Stolt Offshore Signs Global Contract
SeaSupplier Ltd, the marine e-procurement subsidiary of Stolt-Nielsen S.A, announced today it has signed a multi-year SeaManager ™, e-procurement contract with Stolt Offshore S.A., the world's largest operator of specialty sub sea construction and maintenance ships, pipe laying and heavy lift barges. Together with Stolt Offshore’s annual expenditure of $600 million on products and services and with SNTG, Seabulk International, RCCL, Teekay Shipping and NYK LINE, more than a $1billion of expenditure is anticipated to be transacted through the SeaSupplier Value Added Network™. SeaSupplier will provide Stolt Offshore S.A with its complete procurement solution, SeaManager™, as well as consulting services for database rationalization and business process re-engineering.
SOCOTU New Agents for LCL in Tunis
The building of the global LCL network now continues with the opening of LauritzenCool Logistics activities in Tunis. SOCOTU (Societe Commerciale Tunisienne) will offer integrated logistic services for the export of Tunisian fruit, fresh produce and frozen foods, as well as the import of perishable foodstuffs to the area from producing countries worldwide. With the opening of new offices in Morocco, Spain and Portugal during 2005 the LCL office network covers more and more countries in the Americas, Europe, Africa and Asia with a strong focus on the main producing and receiving areas of fresh fruit and produce.Due to the strong position of road haulage in the distribution of fruit and produce in particular from Tunisia to its main European markets…
Reefership Within A Containership
Embodying a multi-tweendeck section for fresh farm produce in a hull otherwise given over to containers, a new generation of vessels for the Israeli fruit and vegetable trade could help shape the future of the palletized reefer sector. Highlighting the propensity for innovation and technological advance in Israel's export-minded agricultural industry, two 15,000-dwt newbuilds will combine the requisite capacity and quality control for premium, perishable goods with a broader cargo carrying capability. While refrigerated cargo transportation by sea is increasingly gravitating to the containerized mode, Tel Aviv-based marketeer and exporter…
MISC to Acquire NOL’s American Eagle Tankers
Malaysia International Shipping Corporation Berhad (MISC) will acquire Neptune Orient Lines’s American Eagle Tankers (AET). The acquisition will provide MISC with an additional fleet of 29 Aframax tankers (22 owned and 7 chartered-in) and 2 Very Large Crude Carriers (VLCC). This will effectively increase MISC’s fleet to 37 Aframax tankers and 3 VLCCs (MISC presently has 8 Aframax tankers and 1 VLCC). In addition, AET has contracted for 3 Aframax and 3 VLCC new-builds and plans to charter-in 1 Aframax newbuild, while MISC has contracted for 4 additional Aframax and 1 VLCC newbuilds. Including newbuilds and charter-ins, the combined fleet totals 53 crude oil carriers.With the acquisition, MISC will be the second largest combined Aframax fleet in the world.