Ship Owners in Japan, NE Asia Sign Up with Wilhelmsen Agency
Wilhelmsen Ships Service (WSS) has reported strong growth in the number of owners in Japan and North East Asia signing up for its Ships' Agency Re-Defined (SARD) offer. Neal De Roche, Area Director WSS North East Asia said: “Since launching SARD globally at the end of 2010 we have seen high levels of uptake from the North East Asian shipping community, with growth levels of around 15% throughout 2011. Japanese vessel operators and owners are extremely positive about the fact that SARD provides a unique ‘one point of contact’ system. In fact, SARD can save up to three hours per port call for our Japanese customers. This is crucial to guarantee efficient operations and fast turnaround”.
Container Shippers Enhance Asia-Australia Network
In order to offer shippers a more comprehensive service on Asia-Australia trade, Evergreen Line, OOCL, MOL, "K" Line and YML are teaming up to offer a new joint North East Asia - Australia Express (NEAX). This weekly service will utilize six ships of between 3,500 and 3,700 TEU capacity, one each provided by Evergreen, MOL, K-LINE, YML and the remaining two by OOCL. The first sailing is planned to depart from Yokohama on October 23, with the following port rotation: Yokohama - Osaka - Pusan - Qingdao - Shanghai - Ningbo - Melbourne - Sydney - Brisbane, then returning to Yokohama.
New Rotation of CMA CGM Joint Service Unveiled
CMA CGM S.A. (CMA CGM) announced the rotation of its new service in cooperation with China Shipping Container Lines (CSCL), Orient Overseas Container Lines (OOCL) and Pacific International Lines (PIL), in the North East Asia, Australia and New Zealand Trade, commencing from Shanghai in early November 2014. The weekly service will turn around in 49 days offering extensive port coverage in Asia and New Zealand and including a call in Australia on her way from Asia. The new service will be operated with seven vessels of 4…
Maersk Upgrades 'Triple Star' Service
Maersk Line is upgrading its ‘Triple Star’ service by launching direct, weekly northbound connections between New Zealand and North East Asian ports. "We are optimising our ‘Triple Star’ service with the launch of direct, weekly connections between New Zealand and North East Asian ports. Starting from late September 2016, Kiwi exporters can enjoy all the benefits of direct access to Taiwan, China, Korea and Japan," says a statement from Maersk Line. With unmatched transit times to a number of strategic ports…
Northern Offshore Sells Semi-Sub
Northern Offshore announces it has sold its semisubmersible Energy Driller to an unnamed party for conversion to alternative use. The unit had previously been cold stacked at a shipyard in Bahrain following completion of a term drilling contract in India. Northern Offshore previously sold the drillship Energy Searcher in late 2016. Chairman and (Interim) CEO Dr. Northern Offshore is a global offshore drilling company historically operating in the North Sea, West Africa, South Asia, Near East and Southeast Asia.
High Uptakes on Ships Agency in Japan and Asia: WSS
As it prepares for Sea Japan, Wilhelmsen Ships Service (WSS) has reported strong growth in the number of owners in Japan and North East Asia signing up for its’ Ships Agency Re-Defined (SARD) offer. “Since launching SARD globally at the end of 2010,” we have seen high levels of uptake from the North East Asian shipping community, with growth levels of around 15 percent throughout 2011,” said Neal De Roche, Area Director WSS North East Asia. “Japanese vessel operators and owners are extremely positive about the fact that SARD provides a ‘one point of contact’ system. In fact, SARD can save up to three hours per port call for our Japanese customers.
Mundra Port, Port of Montreal Sign Cooperative Agreement
On a trade mission to India, the Montreal Port Authority (MPA) has signed a Cooperative Agreement with Mundra Port, Gujarat State, north of Mumbai. This agreement aims to develop cooperation in marketing and business development while sharing information on marine operations and industry best practices. Mundra Port is India’s largest commercial port. A diversified port, it handles liquid and dry bulk and more than three million TEUs in annual container traffic. It is operated by Adani Ports and Special Economic Zone Limited (APSEZ).
Pacific International Lines Start Service in Far East - Red Sea Routes
Pacific International Lines (PIL), Singapore’s leading containership operator, announces two upgraded weekly services on the Far East – Red Sea service route. Done in collaboration with Ocean Alliance, the routes named RSS and RES will commence operations in March 2018, superseding the current three services RSS, RS3 and RS5. The route will be operated with a series of 17 x 11,000 to 14,000TEU vessels including its latest newbuilds, the 11,923TEU P Class in the service. The highly efficient and versatile P Class were purpose-built for Red Sea…
CMA CGM Joint Service Between NE Asia, Australia & N. Zealand
CMA CGM S.A. (CMA CGM), has announced the co-operation with China Shipping Container Lines (CSCL), Orient Overseas Container Lines (OOCL) and Pacific International Lines (PIL), in the North East Asia, Australia and New Zealand Trade commencing from Shanghai in early of November. The new service will be operated with 7 vessels of 4,250 TEU nominal capacity, of which three (3) vessels will be provided by CMA CGM, two (2) vessels by OOCL, one (1) vessel each by CSCL and PIL, and 1 ship for CSCL and PIL, while ANL will remain slot charterer.
CMA CGM to Launch New Joint Liner Service
CMA CGM S.A. announced it act in cooperation with China Shipping Container Lines (CSCL), Orient Overseas Container Lines (OOCL) and Pacific International Lines (PIL), to offer a new joint service in the North East Asia, Australia and New Zealand Trade, commencing from Shanghai in early of November. The new service will be operated with seven vessels of 4,250 TEU nominal capacity, of which three vessels will be provided by CMA CGM, two vessels by OOCL and one vessel each by CSCL and PIL. It will replace the current ANZEX/NZN service operated by CMA CGM and OOCL. The weekly service will turn around in 49 days, offering port coverage in Asia and New Zealand, also including a stop in an Australian port on the way from Asia.
MSC Rolls out New VSA
Mediterranean Shipping Company (MSC) has announces a new vessel sharing agreement (VSA), effective on the Wallaby and Panda services between Australia and Asia. The VSA will come into force in May 2017, between MSC, Maersk Line, Mitsui O.S.K Lines and Hamburg Sud. The Wallaby Service to and from North East Asia will continue to operate the following rotation, while maintaining the same transit times: Yokohama-Osaka-Busan-Qingdao-Shanghai (Yangshan)-Ningbo-Brisbane-Sydney-Melbourne-Sydney-Brisbane-Yokohama.
WSS Opens Distribution Hub in Korea
Overlooking Busan New Port in South Korea, Wilhelmsen Ships Service’s (WSS) newly opened 3,000+ square meter warehouse sits on a 6,000m2 site and will now take over from Singapore as the company’s distribution hub in North East Asia (NEA). Jensen continued, “The new distribution centre is good news for our local NEA customers. But, it also increases our operational efficiency which will positively impact the whole region.
Container Fleets & Demand Growing in Step -BIMCO
For 2018, the world containership fleet is expected to grow in step with global demand, according to BIMCO’s latest container shipping market outlook. Having experienced falling freight rates from August to year-end in 2017, most liner companies were successful in pushing rates higher in early January 2018. Most of them managed to hold onto most of the gains they achieved, considering October and November were challenging in terms of very low demand growth. The weak demand came from the Far East to Europe trade, and on the Intra-Asian transport.
Long-Haul Seaborne Chemical Shipping Undermined
Growing Paraxylene (PX) exports from North East Asia to China are contributing to the fast growth of intra-Asia coastal trade, but they are undermining long-haul seaborne trade, according to Drewry's recently published 'Chemical Forecaster' report. Chinas consumption of PX has emerged as a key driver of global Chemical shipping demand. Its annual PX import requirements tripled from 2.9 million tonnes in 2007 to 9.0 million tonnes in 2013, representing 21% annual growth over this period.
Hamburg Süd, Reduction in Capacity
Due to deteriorating market conditions, the AAS Consortium partners APL, Hamburg Süd, Hapag-Lloyd, Hyundai Merchant Marine and Evergreen have decided to reduce capacity in the trade between North East Asia and Australia with immediate effect. The total nominal AAS capacity will be reduced by 3,200 TEU per week in the period from 1st February through to June 2009. This will be achieved by idling the AAS Southern loop during this period. The AAS Northern loop will be adjusted in scope to cover the Taiwan, South China and Hong Kong markets. The Japanese market will continue to be served through separate individual arrangements. The revised service will be operated with six modern vessels of 3,600 TEU nominal capacity. The AAS Consortium partners will review the trade prospects in June 2009.
Corvus Energy Names Bjørkeli CEO
Corvus Energy has appointed Geir Bjørkeli as its new Chief Executive Officer (CEO). Bjørkeli was previously Director of Norway for the Dutch company Huisman, and established the company’s Norwegian presence for offshore construction equipment solutions. Bjørkeli will remain based in Bergen, Norway. Prior to joining Huisman, Bjørkeli was a design engineer with the ship designer and shipbuilder Ulstein. He held several positions with Rolls-Royce, including VP Sales for North East Asia and Managing Director of Rolls-Royce Marine Japan…
Asia's Soaring Gas Demand Beckons New LNG Projects
Global LNG imports rose by 20 percent in 2017; new demand emerges across South, Southeast Asia. Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years, opening opportunity for new production from East Africa to North America that had been deemed part of the overhang. Trade flows in Eikon show global liquefied natural gas (LNG) imports have risen 40 percent since 2015, to almost 40 billion cubic metres (bcm) a month.
Australian Warship to South Korea for Joint Exercises
The ANZAC-class Guided Missile Frigate, HMAS Ballarat, continues its North East Asian deployment after completing a successful exercise with the Chinese Navy it will conduct a port visit and exercise with the Republic of Korea. The ANZAC-class Guided Missile Frigate, HMAS Ballarat, continues its North East Asian deployment after completing a successful exercise with the Chinese Navy conduct a port visit and exercise with the Republic of Korea. The exercise is aimed to improve interoperability and mutual understanding between the ADF and ROKN in selected facets of maritime operations through the conduct of training activities including communications and Anti Submarine Warfare.
Rolls Royce Factory to Serve Equipment to Yards
Rolls Royce has opened a new factory in Shanghai, China, to serve the world’s largest commercial shipbuilding market. Together with an existing facility in Korea, the factory forms a new production hub for north-east Asia enabling the company to supply shipyards with marine equipment at the point of manufacture – and open up new markets in the process. The Asian shipbuilding market is currently worth £19 billion annually and accounts for around 80 percent of all global construction. In 2004 new orders and deliveries reached record levels. Marine President Saul Lanyado, who officially opened the site yesterday, said: “This is a very exciting development for us and it opens up real opportunities to expand our business in Asia.
U.S. Worries about Russian Ships near Critical Undersea Cables
Russian submarines and spy ships are aggressively operating near the vital undersea cables that carry almost all global internet communications, raising concerns in America, reports Reuters. The US intelligence officials feel that the Russians might be planning to attack those lines in times of tension or conflict, says the report. From the North Sea to Northeast Asia and even in waters closer to U.S. shores, there is increased Russian activity along the known routes of cables that carry the lifeblood of global electronic communications and commerce.
New WSS Asia VP Talks of Challenging Market at Marintec
Regional Vice President Asia Pacific, Neal De Roche says Wilhelmsen Ships Service (WSS) remains focussed on providing innovative solutions to client needs. Speaking as he takes up his new role in Singapore, following five years in Shanghai, De Roche says the recent recovery of some shipping segments should not be taken as a sign of a return to a simple ‘business as usual’ scenario. “It has been struggle over the last few years. We are still in a challenging market and Asia is no exception. Despite perceptions to the contrary, China is a quality not a quantity market,” he says.
NYK Buys Stake in NY/NJ's Largest Terminal
NYK subsidiary NYK Ports, together with Macquarie Infrastructure Partners III (MIP III), has invested in Maher Terminals, which operates a terminal in the U.S. port of New York and New Jersey. On November 16, 2016, NYK Ports acquired a 20 percent share of Maher. The port of New York and New Jersey handles the most containers of any port on the East Coast of North America, and Maher is the largest terminal in the port with a handling capacity of 3 million TEUs annually. After construction to raise the Bayonne Bridge’s clearance is completed in late 2017…
THE Alliance Sets Out Service Plans
The members of THE Alliance announced the details of the plan for their product starting from April 2017. THE Alliance plans to deploy a fleet of more than 240 modern ships in the Asia /Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea. The start of THE Alliance as the most integrated liner shipping consortia is scheduled for April 2017 (subject to completion of all relevant regulatory requirements). “The product of THE…