Panama News

18 Jul 2019

IMO Condemns Tanker Attacks in Gulf

Pic: International Maritime Organization (IMO)

The Council of the International Maritime Organization (IMO) has condemned recent attacks on commercial shipping in the Strait of Hormuz and Sea of Oman.The Council  of the UN body expressed its concern over the grave danger to life and the serious risks to navigational safety and the environment to which such incidents may give rise.The Council also emphasized the need for flag States and shipowners and operators to review the maritime security plans for their ships and implement…

17 Jul 2019

Incat Tasmania Exports 111m Ferry to Spain

Incat Tasmania’s newest 111-meter ferry has been handed over to her new Spanish operator  Naviera Armas and departed Hobart late last night (16 July) for Spain.The ship, named Volcan de Tagoro (Incat Hull 091) is impressive in her distinctive red Naviera Armas livery. 091 completed sea trials over the past few days, loaded fuel and supplies yesterday for the delivery voyage to Spain, and has now left Australia.The delivery will be via Auckland, across the Pacific Ocean to Tahiti and the Panama Canal before crossing the Atlantic on her way to Spain.

05 Jul 2019

Panama: Seized Iranian Tanker Removed from Registry

The Grace 1. Credit: MarineTraffic.com

Panama's Maritime Authority said on Thursday that Grace 1, a giant Iranian oil tanker seized by British Royal Marines in Gibraltar, was no longer listed in Panama's international boat registry as of May 29.The Panamanian authority added that Grace 1 had been de-listed after receiving an alert indicating that the ship had participated in or was linked to terrorism financing. Although the tanker flies a Panama flag, Iran claimed ownership and objected to the seizure of its ship. (Reporting by Elida Moreno; Writing by Daina Beth Solomon; Editing by Anthony Esposito)

03 Jul 2019

Zim Begins Asia-Gulf Services with 2M

Pic: ZIM

The global container shipping line Zim Integrated Shipping Services Ltd (Zim) announced a further expansion of its strategic cooperation with the members of the 2M Alliance, Maersk & MSC, to the Asia - US Gulf Trade."The new services, catering for both Central and South China and South Korea, offer significant advantages for customers, including direct connections to major ports in Asia and the US Gulf; best-in-market transit time with reliable dedicated service; Two weekly cutoffs in Houston & Mobile to better serve growing US exports requirements…

03 Jul 2019

U.N. Approves Release of Impounded Vessels

The United Nations has approved the release of two ships impounded by South Korea on suspicion of transferring oil to North Korea as there was no deliberate breach of sanctions, Seoul's foreign ministry said on Tuesday.South Korea seized four vessels to check whether they violated U.N. sanctions by making illegal ship-to-ship transfers of oil or coal products to North Korean ships.A U.N. panel monitoring the enforcement of sanctions approved the release of the Hong Kong-flagged Lighthouse Winmore and the South Korean P-Pioneer based on the result of a South Korean investigation that found they had not intended to breach sanctions, South Korean officials said."There was evidence of ship-to-ship transfers but we concluded that it was not deliberate…

02 Jul 2019

Shipping Firms Drop UK Flag as Brexit Looms

Photo: CMA CGM

Companies are leaving Britain's shipping registry due to uncertainty over Britain's departure from the European Union and future commercial arrangements with the bloc, industry officials say.All commercial ships have to be registered, or flagged, with a particular country partly to comply with safety and environmental regulations. Shipping companies in many so-called "flag states" pay corporation tax based on vessel tonnage rather than profit.Britain's ship registry forms part…

02 Jul 2019

South Korea Releases Ships in UN 'sanctions' Case

South Korea has released two ships it had seized on suspicion of transferring oil to North Korea as there was no deliberate breach of U.N. sanctions, Seoul's foreign ministry said on Tuesday.South Korea seized four vessels to check whether they violated U.N. sanctions by making illegal ship-to-ship transfers of oil or coal products to North Korean ships.A U.N. panel approved the release of the Hong Kong-flagged Lighthouse Winmore and the South Korean P-Pioneer based on South Korean probe results that they had not intended to breach sanctions, Seoul officials said."There was evidence of ship-to-ship transfers but we concluded that it was not deliberate…

24 Jun 2019

17.5 Tons of Cocaine found on Containership

Photo: U.S. Customs and Border Protection

A U.S. Customs and Border Protection (CBP) and Immigration and Customs Enforcement Homeland Security Investigations (HSI)-led multi-agency examination of shipping containers at the Philadelphia seaport netted a historic load of cocaine, the largest cocaine seizure in the 230-year history of U.S. Customs and CBP, with an estimated weight of over 17.5 tons and a street value of about $1.1 billion.During a midstream joint boarding Sunday night, CBP, HSI, and U.S. Coast Guard authorities detected anomalies while examining seven shipping containers aboard the MSC Gayane…

18 Jun 2019

CMA CGM Breaks Tampa Port Vessel Record

Port Tampa Bay welcomed its largest container ship ever, the CMA-CGM DALILA. Photo: Port Tampa Bay

Florida's largest port,  Port Tampa Bay has marking a major milestone and partnership with CMA CGM as Port customers, local officials, and business leaders gather to celebrate the inaugural call of the CMA CGM DALILA at The Ports America Terminal.CMA CGM Group, a world leader in shipping and logistics, begin their weekly direct ocean carrier service between Asia and Port Tampa Bay today. CMA CGM's excellent transit times will significantly improve the competitiveness of the region's importers and exporters…

19 Jun 2019

Cocaine Seized in Philadelphia Port

Federal officials in Philadelphia seized more than 15,000 kilos of cocaine with a street value of more than $1 billion at the Philadelphia Port, making it the largest seizure ever for the eastern district of Pennsylvania area and one of the biggest in U.S. history.According to various media report, quoting law enforcement officials, more than 15,500 kilos of cocaine were found in seven containers, which were found aboard a cargo ship, the MSC Gayane, that previously stopped in Colombia, Chile, Panama and the Bahamas.A press release from the MSC Mediterranean Shipping Company said that it is aware of reports of an incident at the Port of Philadelphia in which U.S. authorities made a seizure of illicit cargo.MSC noted it has a longstanding history of cooperating with U.S.

17 Jun 2019

MarAd Grants Fuel U.S. Shipyard Growth

Detyens Shipyards, Inc., of Charleston, SC, will be awarded $781,315. (Photo: Eric Haun)

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $19.6 million in grants to support capital improvements at 28 U.S. small shipyards as a part of its Small Shipyard Grant program. The grants enable small shipyards to modernize equipment and processes to fuel future growth. “These grants help create jobs in America’s small shipyards, which play a significant role in our country’s maritime sector,” said U.S. Transportation Secretary Elaine L. Chao.In 2013, U.S. shipbuilders produced $37.3 billion in gross domestic product.

16 Jun 2019

Panama Canal to Modify Tolls Structure

Pic: Panama Canal Authority

The Panama Canal published a proposal to modify its current tolls structure for the dry bulk, passenger, containership and vehicle carrier and RoRo segments, as well as tankers, chemical tankers, LPG and LNG vessels, the intra-maritime cluster (local tourism segment) and minimum tolls (small vessels).According toa press release from the Panama Canal Authority (ACP), the announcement marks the beginning of a 30-day formal consultation period for industry feedback, which will close on July 15…

14 Jun 2019

Greece Hosts Shortsea Shipping Day

Photo: Palau International Ship Registry

Panos Kirnidis, CEO of Palau International Ship Registry (PISR) was one of the first speakers to welcome shortsea shipping experts, owners, charters and sector professionals to the 2019 Shortsea Shipping Day at the Piraeus Yacht Club in Greece on Thursday 14 June.As the lead sponsor for the event, organised with among others the European Shortsea Network and the Hellenic Short Sea Shipowners Association (HSSA), Panos Kirnidis stressed the importance of short sea shipping to the…

13 Jun 2019

ICS Concerns About Tanker Attacks

Guy Platten, Secretary General. Photo: International Chamber of Shipping

International Chamber of Shipping (ICS), the world's principal shipping organisation, stated that its Board has expressed concern at the serious incidents involving the Marshall Islands flagged ship Front Altair and the Panama flagged Kokuka Courageous, in the Gulf of Oman.Addressing the issue at the ICS Annual General Meeting in the Faroe Islands the Board has expressed the international shipping industry’s alarm at recent incidents in the region affecting ships and their crews.“This suspected attack is a deeply worrying and intolerable situation.

10 Jun 2019

Workboat Report: The U.S. Workboat ($33.8B) Market

Inland pushboat and barge. Source Kirby Corporation

The U.S. towing and tug business is 5,500 boats, more than 31,000 barges with an estimated total impact on U.S. GDP of $33.8 billion.“At a macro level, the bigger ships are causing downward pressure on the ship assist business because there are fewer ship calls given the increased capacity of these vessels. However, certain ports have seen tremendous growth, based on strategic location and infrastructure investments that have attracted these larger ships and been a net plus for these areas.”Kate Fuhrman…

04 Jun 2019

HullWiper Opens Panama Base for Americas

Image: HullWiper Ltd

Dubai-headquartered hull-cleaning company has announced it is opening its first operations base in the Americas, in partnership with subsea services in Panama, Talleres Industriales, to offer its hull cleaning solution to the vessels transiting the Panama Canal.The agreement forms part of HullWiper’s global leasing programme introduced in 2017, which works with partners around the world to offer ship owners and operators an affordable, brush- and diver-free alternative to traditional…

29 May 2019

Hutchison Ports, CN Rail to Build Terminal in Canada

Pic: Port de Québec

Canadian Québec Port Authority (QPA) has signed a long-term commercial agreement with Hong Kong's Hutchison Ports and Canadian National Railway (CN) to build and operate a new container terminal, known as project Laurentia.The agreement increases Hutchison Ports' global network to 52 ports spanning 27 countries including the United Kingdom, Spain, Poland, Sweden, Germany, the Netherlands, Belgium, Australia, China, Pakistan, Egypt, Argentina, Mexico and Panama, said a press release.Hutchison…

21 May 2019

Panama Canal Closer to a Carbon Neutral Future

Image: Panama Canal Authority

The Panama Canal Authority announced enhancements to its industry-leading Green Connection Environmental Recognition Program.The award-winning initiative encourages the shipping industry to mitigate the environmental impact of their operations through an incentive-based system that includes the Green Connection Award, the Environmental Premium Ranking and the Emissions Calculator.The announcement took place on the heels of the IMO's Marine Environment Protection Committee (MEPC74) in London…

16 May 2019

Largest Boxship Ever Transits Panama Canal

Photo courtesy of ACP

Today, the Panama Canal completed a trial transit of Evergreen’s Triton, the largest vessel in dimension and container cargo capacity to pass through the Expanded Canal since it opened in June 2016.The Neopanamax containership Triton, which has a Total TEU Allowance (TTA) of 15,313, a 20-row beam of 51.2 meters and a length of 369 meters, transited northbound from the Pacific to the Atlantic Ocean.Similar to the milestone Q-Flex transit completed on May 12, today’s achievement was made possible by an increase to the maximum allowable beam for vessels transiting the Neopanamax Locks.

16 May 2019

Triton Makes Record Transit Through Panama

Evergreen's Triton Transiting the Expanded Canal on May 15. Photo: Panama Canal Authority

The Panama Canal completed a trial transit of Evergreen’s Triton, the largest vessel in dimension and container cargo capacity to pass through the Expanded Canal since it opened in June 2016.The Neopanamax containership Triton, which has a Total TEU Allowance (TTA) of 15,313, a 20-row beam of 51.2 meters and a length of 369 meters, transited northbound from the Pacific to the Atlantic Ocean.“We are excited about the opportunities enabled by the Triton’s trial transit,” said Panama Canal Administrator Jorge L.

10 May 2019

Ship Recycling Needs Hong Kong Convention

Pic: International Maritime Organization (IMO)

Ten years after the adoption of International Maritime Organization (IMO)’s Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships, in May 2009, there has been progress with voluntary application of its requirements, but the treaty needs to enter into force for it to be widely implemented.“I urge Member States who have not yet done so to ratify the Convention at the earliest opportunity, in order to bring it into force as soon as possible,” said IMO Secretary-General Kitack Lim…

10 May 2019

U.S. Imposes Venezuela Sanctions on shippers, tankers

File Image: AdobeStock / © Renaschild

The United States has imposed sanctions on two shipping companies and two tankers involved in trade with Venezuela, the U.S. Treasury Department said on Friday.The two companies are based in Marshall Islands and Liberia, and both tankers have Panama flags, the Treasury said in a statement on its website.Reporting by Makini Brice

08 May 2019

Furuno USA Hires Toma

George Toma (Photo: Furuno USA)

Furuno USA has hired a new commercial business development manager. Based in Houston, Texas, Mr. George Toma will play a key role in establishing and developing business relationships with commercial ship owners, operators, and builders around the country to promote the Furuno product line.Toma comes to Furuno with forty years of experience in the maritime industry. He has served on the Board of Directors for RTCM (Radio Technical Commission for Maritimes), and received the Outstanding Professional Achievement Award in 2013 from the U.S. Merchant Marine Academy Alumni Association.

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