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Monday, October 22, 2018

Maersk News

Maersk Leases Singapore Oil Storage Ahead of IMO 2020

(File photo: Maersk Line)

Maersk Oil Trading has leased oil storage space in Singapore, signalling a push by one of the world's biggest ship fuel buyers into the Asian bunkering hub ahead of changes to global fuel standards from 2020, trade sources said.Maersk Oil has taken storage at the Tankstore oil terminal in Singapore, a spokesman for parent A.P. Moller-Maersk told Reuters, without giving further details.The firm has leased 120,000 cubic meters of space for fuel oil for six months, said three trade sources with direct knowledge of the matter.

UOS Completes Acquisition of UOS Support and Hartmann Offshore

Image: UOS

German offshore industry service provider United Offshore Support (UOS) announced that it has completed its acquisition of the commercial and technical-nautical management businesses of both UOS United Offshore Support and Hartmann Offshore.Since the acquisition was announced in July 2018, the management and staff of both companies have been working to bring the two organisations under the UOS brand, which is based in Leer, Germany.UOS is led by Chief Executive Howard Woodcock, who joined the company in August 2018.

The Ocean Cleanup Kicks Off

(Photo: The Ocean Cleanup)

A first-of-its-kind floating ocean cleanup system is undergoing a final round of testing before it begins removing plastic pollution from the Great Pacific Garbage Patch halfway between Hawaii and California.The system developed by the Dutch nonprofit The Ocean Cleanup was launched from San Francisco Bay on September 8 and towed 350 nautical miles by the vessel Maersk Launcher to an offshore test site. System 001 will now undergo two weeks of trials before continuing its journey to start collecting debris at the world’s largest accumulation of ocean plastic some 1…

Maersk: New Cargo Guidelines After Containership Fire

The Indian Coast Guard battles flames aboard the Maersk Honan (File photo: Indian Coast Guard)

Maersk has implemented new guidelines on dangerous goods stowage that aim to improve safety practices across its fleet in the wake of the fire aboard containership Maersk Honam that killed five crewmembers earlier this year.Following the deadly fire, Maersk evaluated more than 3,000 United Nations (UN) numbers of hazardous materials in order to further understand and improve dangerous cargo stowage on board container vessels and developed a new set of principles called Risk Based Dangerous Goods Stowage.Together with the American Bureau of Shipping (ABS)…

ESC Disapproves Shipping Surcharges

Pic: European Shippers' Council

The European Shippers’ Council (ESC) disapproves of the mechanism of surcharges that shipping liners launch to cover the higher rate of lower sulphur fuel. Shippers call for a dialogue with container liners to find the best mechanism to share the costs.A new bunker adjustment factor launched by Maersk aims at covering additional costs that will arise from the upcoming global sulphur regulations. Carriers impose it unilaterally without any negotiation with shippers and ignore a market approach to the global problem.MSC and CMA CGM have recently announced plans that follow the same direction.

Good start for CETA Agreement

Pic: Danish Shipping

New calculations indicate that last year's trade agreement between the EU and Canada, the CETA agreement, has had a positive impact on trade between the continents and significantly increased exports from the EU to Canada. Shipping companies feel the effect of this.Last year's abolition of virtually all tariffs has improved the business climate between Canada and the EU and led to significantly increased EU-Atlantic exports to Canada. Canada is Denmark's 13th largest trading partner…

Maersk Launches Startup Accelerator

(Photo: Maersk)

AP Moller - Maersk has launched India-focused OceanPro, a 120-day accelerator program to give shipping and logistics startups an opportunity to partner with Maersk to bring innovative technology solutions to ease the global supply chain for customers and further accelerate global digital transformation.“We recognize the immense potential of India’s technology and digital talent and are looking to capitalize on these capabilities to help the logistics industry worldwide, to reinvent itself,” said Søren Skou, CEO, A.P.

No Delays to Implementing 2020 Sulphur Cap -IMO Official

© Fokussiert / Adobe Stock

The International Maritime Organization (IMO) will not delay implementing a reduction in the amount of sulphur in marine fuel in 2020, an IMO official said on Tuesday."I can categorically say there will not be a delay," said Edmund Hughes, the head of air pollution and energy efficiency at the IMO, during the Asia Pacific Petroleum Conference (APPEC) in Singapore.IMO, the United Nations' shipping agency, will require that vessels start in 2020 using fuel oil with 0.5 percent sulphur…

World Shipping Council Names Tim Wickmann as New MD, Asia

Pic: World Shipping Council

The World Shipping Council (WSC) is pleased to announce that Tim Wickmann is joining WSC as its new Managing Director, Asia.Wickmann served most recently as CEO of MCC Transport and has worked in various leadership positions in international liner shipping for the last three decades.“The liner shipping industry is a global network and therefore needs consistent regulatory treatment across the globe. That requires the industry to have a coordinated voice on regulatory matters.

British International Freight Association Fumes Over Sulphur Surcharge

Robert Keen. Photo: Official Twitter page

The British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies, has described the container shipping industry’s recent imposition of a ‘sulphur surcharge’ as unjustified and blatant profiteering.It follows an announcement by Danish giant AP Moller Maersk that it is introducing a new bunker adjustment factor (BAF) surcharge on 1 January 2019, a full year ahead of the global sulphur cap on marine emissions which enters into force on 1 January 2020.According to the shipowner…

Maersk to Merge Damco, Ocean Product Units

(Photo: Eric Haun)

A.P. Moller-Maersk will merge Damco Supply Chain Services and Maersk Line's Ocean Product, the Danish shipping giant announced on Wednesday, as it seeks to offer customers the chance to deal with one firm when shipping goods across the world.The operator of Maersk Line, the world's largest container shipping company, kicked off a restructuring drive in 2016 that saw it sell its oil and gas business last year to focus on transport and logistics business.Maersk said its latest change would take effect on January 1…

GSF Condemns Maersk's Sulphur Surcharge

Image: Global Shippers Forum

The Global Shippers Forum has reacted with suspicion to the announcement by the Maersk container shipping line of new fuel surcharge arrangements from 1 January 2019 to recover presumed costs from the introduction of low-sulphur marine fuel from 1 January 2020.Based on the information released by Maersk, the new charges, which are additional to agreed contract rates, are based on two factors - an average cost of fuel and a ‘trade factor’ that upscales the costs on head trades and discounts the fuel cost on reverse trades.

Total Buys out Chevron Denmark

Image: Chevron Corporation

French oil and gas major Total has agreed to take all of Chevron’s share capital in the Danish Underground Consortium (DUC), which will increase its stake in the project and expand its North Sea presence."Total has agreed to purchase from Chevron all the share capital of Chevron Denmark Inc. which holds a 12% interest in the Danish Underground Consortium (DUC), a 12% interest in Licence 8/06, and a 7.5% interest in the Tyra West pipeline. The transaction remains subject to approval of partners and the relevant authorities…

Maritime Ports Pushed to Up Cyber Security

© Bits and Splits/AdobeStock

Resilience planning, Info Sharing Take Spotlight“Oh what a tangled web we weave, when first we practice to deceive.” That old chestnut gets turned on its head when it comes to port cyber security. It’s more like “Oh what a tangled web we’ve woven, so much harder to stop data stolen.”Ports today have the physical aspect of security pretty well nailed shut - gates, locks, fencing, alarms, cameras, drones, etc. As Chris Mason, Rajant Corp.’s director of sales for EMEA, notes, “Every…

Maersk to Spend $2 Bln to Meet 2020 Sulphur Cap

(Photo: Eric Haun)

Maersk Line said it will introduce a new Bunker Adjustment Factor (BAF) surcharge designed to recover costs of compliance with the global 0.5 percent sulphur cap set to enter into force on January 1, 2020. The Danish container carrier said it expects its extra fuel costs could exceed $2 billion.The BAF surcharge will be introduced on January 1, 2019, replacing Maersk Line's current Standard Bunker Adjustment Factor (SBF) surcharge. The new surcharge considers the average fuel…

Maersk Amends Dangerous Goods Stowage Rules

Photo: Maersk Group

Aiming to further improve safety practices in stowage of dangerous cargo aboard container vessels, Maersk has completed implementation of new guidelines on dangerous goods stowage.After a thorough review of current safety practices and policies in the stowage of dangerous cargo, Maersk has now completed implementation of new guidelines to improve safety across its container vessel fleet, said a press release from the company.Following the tragic fire aboard Maersk Honam in March this year, Maersk took measures and implemented additional preliminary guidelines for stowage of dangerous goods.

Maersk Drilling Wins Semi-Submersible Rig Contract Offshore Timor-Leste

Image: Maersk Drilling

Maersk Drilling signed on semi-submersible rig Mærsk Deliverer with Eni for exploration well offshore Timor-Leste.Maersk Drilling and Eni JDPA 11-106 B.V. (Eni) as operator of the JPDA 11-106 Joint Venture have signed a one-well contract for the semi-submersible rig Mærsk Deliverer for exploration drilling in the Timor Sea.The estimated duration of the firm contract is two months, expected to commence in March 2019. The contract contains an option for an additional well with an expected duration of an additional two months.The Mærsk Deliverer is currently warm-stacked in Labuan…

Decarbonization: 34 Maritime CEOs Call for Action

© xy / Adobe Stock

A who’s who list of maritime industry executives have signed on to voice their support for a zero-carbon future in shipping.The not-for-profit foundation the Global Maritime Forum brought together a group of 34 CEOs and industry leaders from across the global maritime sector to sign a call for action and lead the industry in a transition toward decarbonization.To achieve this, these leaders believe the maritime industry needs to accelerate both technological and business model innovation…

Maersk Tests Russian Arctic Route

Venta Maersk. Photo: The Maersk Group

The Danish-flagged cargo ship Venta Maersk, owned by the world's biggest shipping group A.P. Moller-Maersk, has successfully passed through the Russian Arctic, in a trial voyage showing that melting sea ice could potentially open a new trade route from Europe to east Asia.Palle Laursen, the chief technical officer of A.P. Moller-Maersk saying that the cargo vessel has made the journey as a one-off trial. “The trial allowed us to gain exceptional operational experience, test vessel systems…

FSO Installed in Culzean Field

Photo: Maersk Supply Service

Last week the Ailsa Floating Storage and Offloading unit (FSO) was successfully hooked up and completed, the final step of the FSO transportation and installation for the Culzean field, under the project management of Maersk Supply Service.The project has been delivered to Total E&P UK as an integrated solution, including project management, engineering, procurement and execution of offshore work scopes. Eight Maersk Supply Service vessels and crew carried out the marine operations.A…

Global Ship Lease Bags New Time Charter with Maersk Line

File Image: Global Ship Lease

Global Ship Lease announced a new time charter with Maersk Line for the 2004-built, 8,063 TEU containership OOCL Ningbo, which has been renamed GSL Ningbo, following her redelivery by OOCL on September 17, 2018.The containership charter owner said in a press release that the vessel will be chartered, commencing on or around September 21, 2018, for a period of between two and 12 months, with a subsequent option for an additional 12-month extension (at charterer’s option).During the first three months…

APM Terminals Gothenburg Performs Well

Image: APM Terminals

This year has seen record-breaking performance at APM Terminals Gothenburg and the return of major shippers and consignees to the terminal. Progress is set to continue as efficiency increases through automation, including self-service gates and Optical Character Recognition (OCR) for rail and truck gates due later this year.Over the last year, APM Terminals Gothenburg has implemented a number of concrete initiatives to improve the customer experience. These include maintaining satisfactory and stable production…

Hapag-Lloyd to Introduce Cleaner Fuel Charges from 2019

(Photo: Hapag-Lloyd)

German container shipping giant Hapag-Lloyd said on Monday it is preparing customers for a mechanism to charge more for cleaner fuel starting next year to comply with tighter environmental rules.The Hamburg-based firm said on Monday that it has developed what it will call a marine fuel recovery mechanism (MFR), which it will gradually introduce from Jan.

Maritime Reporter Magazine Cover Oct 2018 - Marine Design Annual

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