Panama News

22 Apr 2019

Latin American Ports Cargo Throughput Rose 7.7%

 Pic: ECLAC - United Nations

Container throughput in ports of Latin America and the Caribbean increased by 7.7% in 2018 in comparison with the previous year.According to the Economic Commission for Latin America and the Caribbean (ECLAC), this analysis is based on the performance of a sampling of 31 countries and 118 ports and port areas in the region.According to the annual report unveiled by the United Nations organization – which was called  â€śport ranking” in prior years – the data largely maintained the heterogeneity seen in throughput behavior in previous periods, both in reference to ports and countries.

22 Apr 2019

Petrobras Extends BassDrill Beta Contract

BassDrill Beta. Image: Atlantica Tender Drilling Ltd

Atlantica Tender Drilling, a provider of management and contract drilling services for oil and gas wells for the offshore tender assist market worldwide, announced that Petrobras has extended the rig BassDrill Beta by 180 days."Petrobras exercised its right to extend the Beta contract by 180 days commencing in September 2019 through March of 2020," said a press release from theAtlantica has two semi tender units are secured on long-term development contracts. Atlantica's “BassDrill Beta” is a semi-submersible tender assist vessel built by Dalian Shipbuilding Industry.

15 Apr 2019

Houston Widens Ship Channel

Image: Port of Houston Authority

The Port Commission of the Port of Houston Authority has decided to accelerate widening of the Houston Ship Channel, the nation’s busiest waterway.The Port Authority is working with the U.S. Army Corps of Engineers (USACE) and other representatives of the federal government, as well as Port of Houston and Houston Ship Channel stakeholders, to obtain authorization and accelerated funding and completion, of a deepened and widened ship channel.“The Houston Ship Channel is open for business for all and will continue to be…

09 Apr 2019

MSC Boxship Spills Oil at Port of Sines

Pic: MSC

Work is ongoing to contain a “large oil spill” that contaminated waters in Port of Sines, Portugal late on Thursday night during a routine refuelling operation.MSC Sandra Panama-flagged container ship, operated by Swiss Mediterranean Shipping Company (MSC) has reported leakage of marine fuel oil while bunkering in the Sines harbour late on 4 April."The authorities were immediately informed and action was swiftly taken to minimize the environmental impact of the incident. We understand that removal of the oil from the water has progressed at a good pace…

05 Apr 2019

Master of Panama-Flagged Bulker Prosecuted

Spinnaker SW Photo: Maritime NZ ©2019

Maritime NZ brought charges against Jianxi Chen, Captain of the Panama-flagged bulk carrier Spinnaker SW on Friday, March 29, 2019.Captain Chen was charged with permitting dangerous activity involving ships or maritime products under section 65(2) of the Maritime Transport Act 1994.Captain Chen permitted crew to load a cargo of logs onto the Spinnaker SW, without the use of personal protective equipment or systems to prevent falls from height, which caused unnecessary danger or…

04 Apr 2019

W&O Wins USCG OPC Valve Deal

W&O won a subcontract from Eastern Shipbuilding Group (ESG) for the United States Coast Guard Offshore Patrol Cutters (OPC), Coast Guard Cutter ARGUS (WMSM-915), and the long lead time materials for Coast Guard Cutter CHASE (WMSM-916). W&O was selected as the major supplier of valves on board this new ship class.The Offshore Patrol Cutter is the U.S. Coast Guard’s largest shipbuilding program. The U.S. Coast Guard’s current contract calls for Eastern Shipbuilding Group to build up to 9 OPC’s to replace the medium endurance cutters.The new Offshore Patrol Cutters will be built at Eastern Shipbuilding Group’s facility in Panama City, Florida. Construction activities began in 2018.

02 Apr 2019

Algoma Tankers Add Algoterra to its Fleet

Image: Algoma Central Corporation

Algoma Tankers, an operating unit of Algoma Central Corporation,  announced that it has taken delivery of the 16,500 DWT Algoterra, a 2010-built product tanker in Amsterdam, Netherlands and the vessel has begun her delivery voyage to Canada.The provider of marine transportation services said in a press release that the vessel departed Amsterdam on March 30, 2019 and will travel through the English Channel before crossing the Atlantic Ocean destined for Halifax. The Algoterra is expected to begin trading in Canada mid-April.“I am pleased to say that our fleet is fully booked for the season…

29 Mar 2019

Port of New Orleans to buy New Gantry Cranes

Photo Credit/Port NOLA: Container vessel being worked by current gantry cranes at Napoleon Avenue Container Terminal site.

New Cranes Allow Port NOLA to Accommodate Larger Ships and Meet Growing Needs. The Board of Commissioners of the Port of New Orleans (Port NOLA) have voted to approve the purchase of two new 100-foot gauge container gantry cranes to be used at the Napoleon Avenue Container Terminal. “These new cranes are vital to our success and growth here at Port NOLA,” said President and CEO Brandy D. Christian. “They will increase our efficiency so we can accommodate larger and wider ships…

29 Mar 2019

KHI Delivers LPG Carrier Maple Gas

Image: Kawasaki Heavy Industries

Kawasaki Heavy Industries delivered the Maple Gas, a 82,200 m3 capacity liquefied petroleum gas (LPG) carrier, for Astomos Energy.The shipbuilder said that this is the 57th LPG carrier and the eighth LPG vessel of the same type to be built by the company.Maple Gas (length: 229.9 m, gross tonnage: 46,851) adopts Kawasaki's uniquely developed bow shape called SEA-Arrow, which significantly improves propulsion performance by minimizing bow wave resistance.The main engine powering the vessel is an energy-efficient, electronically-controlled, ultra-long-stroke, two-stroke low-speed diesel engine.

28 Mar 2019

Trafigura Sends More Asian Gasoline to Americas

File Image (CREDIT: AdobeStock / © Jose Gill)

Commodity trader Trafigura is shipping this month a second newly built crude tanker with Asian gasoline onboard to South America amid strong demand in the West, four industry sources who closely monitor petrol trade flows said on Thursday.Although it is not uncommon for traders to use a brand new crude tanker of 150,000 deadweight tonnage (dwt) to ship clean fuels such as diesel, it is rare to use them for gasoline because of the sheer size."South America likely needs gasoline more than gasoil now.

27 Mar 2019

Japan Ratifies to Ship Recycling

Pic: International Maritime Organization (IMO)

International Maritime Organization (IMO)'s treaty for safe and environmentally-sound ship recycling has received another boost. Japan has become the 10th country to become a Party to the Hong Kong Convention.According to the UN body, the Convention covers the design, construction, operation and maintenance of ships, and preparation for ship recycling in order to facilitate safe and environmentally sound recycling, without compromising the safety and operational efficiency of ships.Under the treaty, ships are required to carry an Inventory of Hazardous Materials, specific to each ship.

20 Mar 2019

JAXPORT Receives Largest Ever Box Ship

Image: Jacksonville Port Authority

The Jacksonville Port Authority (JAXPORT) and terminal operator SSA Atlantic on Monday afternoon welcomed the largest container ship to ever visit Jacksonville.JAXPORT set a new port record today with the arrival of the ZIM vessel Cape Sounio, the largest container ship to ever call Jacksonville, claimed a press release.The 11,000-TEU (container) vessel is operated by ZIM on a service offered by the 2M alliance. The 2M alliance is comprised of Maersk, MSC, Hamburg Süd and strategic partners HMM and ZIM.The vessel, which transited the Panama Canal from Asia before reaching the U.S.

18 Mar 2019

GIA Expands Membership

Pic: International Maritime Organization (IMO)

The Panama Canal Authority and A.P. Moller – Maersk A/S are the latest entities to join the International Maritime Organization (IMO)-supported Global Industry Alliance to Support Low Carbon Shipping (GIA).According to the UN body, the GIA now has 18 members, including leading shipowners and operators, classification societies, engine and technology builders and suppliers, big data providers, oil companies and ports.The new members signed up to the GIA during the fifth meeting of the GIA Taskforce at IMO Headquarters in London…

13 Mar 2019

Christening Ceremony for LPG Carrier

Future Ace (Photo: Mitsubishi Shipbuilding)

Mitsubishi Shipbuilding Co., Ltd., a group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, held a christening ceremony on March 12th for a liquefied petroleum gas (LPG) carrier currently under construction for JX Ocean Co., Ltd. The new ship, named Future Ace, will be the twelfth of Mitsubishi Shipbuilding's latest third-generation, 83,000m3-class LPG carriers. In addition to increased energy-efficiency, the ship will have the capability to adapt flexibly to major LPG terminals worldwide, as well as specifications compatible with the new expanded Panama Canal.

13 Mar 2019

Iran's Oil Tanker Fleet Being Squeezed as Sanctions Bite

© alexyz3d / Adobe Stock

Iran is running short of options to replace its ageing fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.Since U.S. President Donald Trump reimposed sanctions in November, exploratory talks with South Korea for up to 10 new supertankers have stalled and Panama has also removed at least 21 Iranian tankers from its registry forcing Tehran to put the vessels under its own flag…

12 Mar 2019

Moody's Upgrades Panama Canal Rating

Photo credit: ACP

Moody’s Investors Service upgraded the 20-year $450 million Senior Unsecured Bonds issued by the Panama Canal Authority (ACP) to A1 from A2, with a stable outlook, based on the waterway's strong performance since the expansion's inauguration.Moody's noted that the Expanded Canal has increased overall tonnage and attracted new market segments, contributing to the waterway's strong performance. According to Moody's, "stronger cash flow generation coupled with a relatively low leverage…

11 Mar 2019

Blackstone Invests in Terminal Operator Carrix

File image: credit OPDR

U.S. investment firm Blackstone Group LP said on Sunday that funds affiliated with Blackstone Infrastructure Partners invested in Carrix Inc, the largest marine terminal operator in the United States and the Americas.The company did not disclose the terms of the transaction.Carrix is the parent of SSA Marine and its related affiliates with operations at over 250 port and rail locations worldwide, including 16 container terminals in Long Beach and Oakland in California, Seattle and Tacoma in Washington…

08 Mar 2019

Workshop on Maritime Admin in C. America

Pic: International Maritime Organization (IMO)

A regional workshop has provided senior maritime administration officials in Central America with the latest information on current and future developments at International Maritime Organization (IMO).The training was organized by IMO and the Central American Commission on Maritime Transport (COCATRAM) in Medellin, Colombia (4-6 March), said a press note from the UN Body.The 24 participants received detailed information about the activities within the IMO’s Integrated Technical…

07 Mar 2019

Lankhorst Appoints Commercial Director

Mark Pieter Frölich (Photo:  Lankhorst Ropes)

Maritime and heavy lift ropes company, Lankhorst Ropes, has appointed Mark Pieter Frölich as commercial director for Lankhorst Ropes USA. Based in Philadelphia, Frölich will head the development of Lankhorst Ropes’ sales in the maritime and offshore markets in the United States and Canada.Lankhorst Ropes is part of Kansas based WireCo WorldGroup, a steel wire and synthetic ropes maker. Previously regional manager for Lankhorst Ropes in the Middle East, Frölich has spent the past seven years successfully founding and growing the WireCo WorldGroup branch office in Dubai.

06 Mar 2019

$1B Container Terminal for Costa Rica

Photo:Van Oord

A consortium of Van Oord and BAM International completed the construction of the APM Terminals Moín in Costa Rica. Last week’s inauguration of the container terminal will enable products to be shipped on transatlantic routes to European and Asian markets without transshipment.The project represents a total investment of $1 billion and is built on a 40-hectare artificial island. The terminal has a 650-m long quay wall and a container yard with the capacity to hold 26,000 TEUs (Twenty-foot Equivalent Units), including power connection capacity for 3,800 refrigerated containers.

06 Mar 2019

Taiwanese Vessel Detained in New Zealand over Withheld Wages

Maritime NZ ©2019

Maritime NZ detained the Panama-flagged bulk carrier Daiwan Justice on Saturday, March 2, 2019, at Lyttelton after a complaint the crews’ wages had not been paid for almost four months.Maritime NZ Southern Regional Compliance Manager Michael Vredenburg said, the detention was lifted later on Saturday after the ship’s operator, Taiwanese company, Wisdom Marine International Limited, paid the crew.Last year Daiwan Fortune, another Wisdom Marine International ship, was also detained.

04 Mar 2019

Mexico Conducts Port Security Workshop

Pic: International Maritime Organization (IMO)

The second in a planned series of interactive workshops to prepare countries for a wide range of potential threats and security situations has been held, in Veracruz, Mexico (26-27 February).The interactive Port Facility Security/Port Security Officer Tabletop Exercise was run by International Maritime Organization (IMO) in collaboration with the Organization of American States Inter American Committee Against Terrorism (OAS-CICTE), following a successful pilot in Panama 2018.According to a press note from the UN body…

01 Mar 2019

Insuring the Marine Industry’s Risky Work Environment

File Image / CREDIT: AdobeStock / © Currahee Shutter

From high-traffic ports to bustling boatyards, and busy shipyards to expanding marinas, marine professionals operate in a challenging environment. They work on land, on or around water, and are exposed to all kinds of weather. And the challenges won’t ease up any time soon. Our nation’s ports continue to expand as trade surges. Add in increased commercial vessel traffic and recreational boating, and it’s clear that marine businesses have to be in shipshape condition. It means that the marine insurance industry has to stay on its toes too…

Maritime Reporter Magazine Cover Apr 2019 - Navies of the World

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