Phase One News

14 Feb 2020

Baltic Index Inches Up Amid Virus Outbreak

© Unkas Photo / Adobe Stock

The Baltic Exchange's main sea freight index inched up on Friday and registered its first weekly gain in ten weeks as firm panamax vessel rates outweighed losses in the coronavirus-hit capesize segment.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, edged up 4 points, or 1.0%, to 425.For the week, the main index gained over 2.4%, breaking nine straight weeks of declines.The capesize index fell 10 points to negative 294…

12 Feb 2020

Mammoet Completes Mexican Terminal Expansion

Image: Mammoet

Mammoet, a Dutch company specialized in engineered heavy lifting and transport of over-sized and heavy objects, said that its  team has successfully completed the second phase of the relocation of several shipping container cranes for Hutchison Ports ICAVE as part of a planned port expansion in Veracruz, Mexico.Mammoet used 56 axle lines of SPMT to transport two ship-to-shore (STS) cranes and ten rubber-tired gantry cranes (RTGs). The completion of the crane relocations has increased the port’s capacity to more than 95 million tons.

03 Feb 2020

SC Ports Constructs New Container Terminal

Image: S.C. Ports Authority

South Carolina (SC) Ports has celebrated the structural completion of the operations building at Hugh K. Leatherman Sr. Terminal, a new container terminal along the Cooper River, which will open in March 2021.S.C. Ports celebrated today the structural completion of the terminal’s new operations building. More than 300 people — contractors, port employees, elected leaders and community members — cheered as a steel beam and tree were placed atop the steel structure as part of a traditional “topping out” ceremony.The 34…

02 Feb 2020

US Lifts Sanctions on COSCO's Dalian Unit

© Anatoly Menzhiliy / Adobe Stock

The United States on Friday lifted sanctions on one of two units of the Chinese tanker company COSCO, the U.S. Treasury said, partially reversing its punishment on the company for transporting Iranian oil after China complained about the measure in trade talks with Washington.President Donald Trump's administration on Sept. 25 blacklisted two units of COSCO, named after the northeastern Chinese port of Dalian. The move sent worldwide freight costs to record highs and disrupted the global shipping market.The U.S.

12 Dec 2019

U.S., China Reach Trade Deal 'in principle'

AdobeStock / © rawf8

The White House has reached a "deal in principle" with Beijing to resolve the 17-month U.S.-China trade war, according to a source briefed on the trade talks.The White House was expected to make an announcement later on Thursday, the source said."The written agreement is still being formulated, but they have reached an agreement in principle," the source said. No details were immediately available.In an attempt to secure a "phase one" trade deal, U.S. negotiators offered to cut…

14 Nov 2019

Hung Hua Construction of Taiwan Orders Third FCS

Damen FCS 2610 Falcon III  (Photo: Damen)

Hung Hua Construction of Taiwan has ordered a third Damen Fast Crew Supplier (FCS) to add to the two it ordered at the start of the year.This latest vessel will be a Damen FCS 2610. The contract was signed by the two parties at the start of September and, with the vessel already on stock at Damen Shipyards Singapore, it will be delivered this month following finishing and some customization. It will be the company’s first operational vessel.The FCS 2610 is a best-selling design…

29 Oct 2019

The ABC’s of DP 101

Image Credit: Beier

Dynamic Positioning has been around for a while, it is evolving and it is here to stay. Here to sort it all out are two of industry’s more familiar stakeholders who also explain what might come next.When it comes to critical offshore operations and vessel handling, this is not your grandfather’s marine industry, and it hasn’t been for some time. That’s because the bridge layout and equipment commonly found on any recently delivered offshore service vessel would be unfamiliar to the typical deck officer of just 20 years ago.

16 Sep 2019

India Opens Second Multi-Modal Terminal

The Sahibganj multi-modal terminal on the River Ganges is now open for business. Indian Prime Minister Shri Narendra Modi inaugurated the new terminal yesterday (September 12, 2019). Also pictured are the Governor of Jharkhand State,Smt. Draupadi Murmu; the Union Minister for Tribal Affairs, Shri Arjun Munda; the Chief Minister of Jharkhand State, Shri Raghubar Das; and the Ministers of State for Agriculture and Farmers Welfare, Shri Parshottam Rupala and Shri Kailash Choudhary, plus other digni

The Government of India opened its second multi-modal terminal (MMT) yesterday, September 12, 2019. Located on the River Ganges at Sahibganj in Jharkhand State, the new terminal is now ready for business following the completion of a two-year construction project managed by the Inland Waterways Authority of India (IWAI). India’s Prime Minister Narendra Modi laid the foundation stone for the $40.32 million project in April 2017.Phase one of the terminal was inaugurated by Prime Minister Modi via a two-way digital communication system during an event held in Ranchi…

15 Aug 2019

APM Terminals Poti Begins 24/7 Operations

Pic: APM Terminals

APM Terminals Poti, the largest port in Georgia, has commenced the implementation of uninterrupted 24/7 operations to maximize berth utilization, increase efficiency and speed up vessel handling.The implementation of a flexible workforce management solution will take place in two phases. Phase one will apply to single berth occupancy. The workforce currently allocated to the free berth will be assigned to the operational berth to cover break times and support a smooth and uninterrupted workflow.The second phase…

06 Aug 2019

Boost for Scrabster Harbor Project

 Image by Highlands and Islands Enterprise

The second phase in a major upgrade of Scrabster Harbor in Caithness, the North of Scotland, has secured up to GBP3 million investment from Highlands and Islands Enterprise (HIE).The funding will enable the redevelopment of the existing St. Ola pier to create further deep-water infrastructure and meet anticipated demand from cruise ships and offshore energy supply vessels. It will place the port in an ideal position to service activity in the West of Shetland basin.A new piled quay wall and pier deck will be installed to expand the existing pier.

30 Jun 2019

FIT Speeds-up Flow of Cargo

Pic: Advent Intermodal Solutions

Florida International Terminal (FIT) has successfully deployed the eModal Community Portal (eCP) PreGate appointment module to improve turn times and customer service.The port operator of a 41 acre marine terminal in the Southport area of Port Everglades is the first port terminal in South Florida to implement an appointment system.Advent Intermodal Solutions, provider of the eModal suite of applications that simplify and accelerate the flow of cargo across the landside supply chain…

30 May 2019

Gothenburg Port Reaches Major Milestone

Conceptual illustration. The terminal is expected to be completed by 2025. Image: Gothenburg Port Authority.

According to the Port of Gothenburg, an important milestone is reached in the largest development project at the Port of Gothenburg in 40 years.The first phase of the water-based work has now been completed and construction of the 220,000 square metre terminal is due to move on to the next phase. The terminal is expected to be completed by 2025.Construction of the brand-new terminal at the Port of Gothenburg got under way in autumn 2018. Phase one of the construction began with stabilisation work.

23 May 2019

Adani to Develop Container Port in Myanmar

Pic: Adani Ports

India’s largest private multi-port operator Adani Ports and Special Economic Zone (APSEZ) will set up its first container terminal outside India in Myanmar at an estimated cost of US$ 290 million.Adani Group said that all requisite permissions have been received in the form of Myanmar Investment Commission permit, to build and run a container terminal along the Yangon river for 50-years.APSEZ would be the first Indian company to set up a container terminal outside India, CEO Karan Adani said.Construction for phase one of the project will commence next month and will be completed by June 2021.

23 Apr 2019

Singapore Mega Port on Track for 2021

Singapore on Tuesday said its plans to build the world's biggest container terminal in a single location were on track, as it held a ceremony to mark a milestone in the initial construction phase of the mega-project.Tuas Terminal is set to open progressively from 2021, six years after work began, and it is expected to be capable of handling 65 million twenty-foot long shipping containers per annum when fully completed in 2040.Once completed, the terminal is slated to become the world's largest container terminal in a single location, said Quah Ley Hoon, chief executive of the Maritime and Port Authority of Singapore."This will strengthen our Global Hub Port status…

08 Apr 2019

EIC Made Compulsory in Ports

Pic: International Maritime Organization (IMO)

A new global rule mandated by the International Maritime Organisation (IMO) for national governments to introduce electronic information exchange (EIC) between ships and ports took effect from Monday (8 April 2019).The aim is to make cross-border trade simpler and the logistics chain more efficient, for the more than 10 billion tons of goods which are traded by sea annually across the globe, said a press note from the UN body.The requirement, mandatory under IMO's Convention on Facilitation of International Maritime Traffic (FAL Convention)…

05 Apr 2019

Progress in Brazil Repair Yard Project

Image: Brasil Basin Drydock Company (BBDC)

The Brasil Basin Drydock Company (BBDC), a joint venture of McQuilling Services and Promon Engenharia, is setting up an industrial facility that will drydock and repair seagoing merchant vessels up to the largest merchant ships in the world.McQuilling announced the signing of a Protocol of Intention with the government of the state of Paraíba, Brazil, along with Chinese ship repair yard IMC YY.David Saginaw, Commercial Director for McQuilling Services, signed the Protocol on behalf shareholders of the Brasil Basin Drydock Company (BBDC).

19 Mar 2019

Hapag-Lloyd Collaborates with XVELA

Pic: XVELA

German-based global cargo container shipping line, Hapag-Lloyd AG Hapag-Lloyd set to implement XVELA’s collaboration services to increase transparency throughout the transportation supply chain and more efficiently employ assets and resources.A press release from XVELA, the world’s first maritime business network for ocean carriers and terminal operators, said that both companies plan to initiate the global rollout on one of Hapag Lloyd’s premier Latin American services and will continue to broaden throughout its terminal partners.

10 Feb 2019

IMO Counter-Terrorism Workshop

Pic:  International Maritime Organization (IMO)

International Maritime Organization (IMO) maritime security and counter-terrorism treaties are key international instruments supporting countries to counter terrorism.The UN body said that to boost implementation of these treaties in South and South-East Asia, IMO and the United Nations Office on Drugs and Crime (UNODC) conducted a cross-regional workshop in Bali, Indonesia (5-8-February).The workshop was addressing the need to ratify the relevant international counter-terrorism…

24 Jan 2019

Cosco Shipping Buys 60% Stake Peru's Chancay Terminal

Pic: Cosco Shipping

Global ports operator Cosco Shipping Ports acquiring 60% stake in Terminales Portuarios Chancay (Chancay Terminal) from Volcan Compañía Minera for a total consideration of US$225million.Zhang Wei, Vice Chairman and Managing Director of Cosco Shipping Ports and  José Picasso, Chairman of Volcan signed the agreement on behalf of the two parties.The ceremony was witnessed by Mercedes Aráoz, Vice President of Peru,  Xiao Yaqing, Chairman of State-owned Asset Supervision and Administration Commission of the State Council…

07 Jan 2019

South Carolina Ports Authority Marks 6.4% Container Volume Growth

Image: South Carolina Ports Authority (SCPA)

The South Carolina Ports Authority (SCPA), which operates the Port of Charleston and other facilities, today reported 6.4 percent year-over-year container volume growth, with a record 2.3 million twenty-foot equivalent container units (TEUs) handled in 2018.Last year marked the third consecutive calendar year of record TEU volume for SCPA. The Port moved 199,701 TEUs in December alone, a 9.2 percent increase over December 2017 and the strongest December in SCPA history.As measured by the total number of boxes handled…

29 Oct 2018

SC Ports State of the Port Emphasizes Infrastructure to Support Growth

South Carolina Ports Authority (SCPA) president and CEO, Jim Newsome

Jim Newsome, president and CEO, highlights cooperation and collaboration.South Carolina Ports Authority (SCPA) president and CEO, Jim Newsome, presented the annual State of the Port to an audience of approximately 600 customers, elected officials and shipping industry representatives at the Charleston Area Convention Center. Jim’s presentation focused on the Port’s successes, strategic infrastructure investments to support continued container volume growth, new initiatives to increase Port productivity and overall industry trends that will impact the Port in the future.

19 Sep 2018

Kwispaa LNG Signs FEED Contract of Two At-Shore LNG Hulls

Representatives from Steelhead LNG, Huu-ay-aht First Nations, Hyundai Heavy Industries and the B.C. Provincial government at Gastech 2018 in Barcelona, Spain.  (Photo: Steelhead LNG)

The Kwispaa LNG Project achieved a significant milestone in its development this week as Kwispaa LNG signed a contract with Hyundai Heavy Industries for the Front-End Engineering and Design (FEED) of two At-Shore LNG hulls.This follows the recent Invitation to Tender to shortlisted EPC (engineering, procurement, and construction) contractors for the FEED work on the At-Shore LNG topsides, marine facilities, pre-treatment, and balance of onshore plant facilities. EPC contractor tenderers include Black & Veatch / Samsung Heavy Industries / PCL Industrial Management Inc.…

24 Aug 2018

All American Marine Launches Large Hybrid Tour Boat

(Photo: All American Marine)

The brand new 600-passenger vessel Enhydra is the largest lithium-ion battery electric hybrid-powered vessel in North America built under “USCG Subchapter K” certification.The recently launched 128-foot LOA aluminum monohull vessel was designed by Nic de Waal of Teknicraft Design in Auckland, New Zealand and built by All American Marine in Bellingham, Wash. for Red and White Fleet of San Francisco, who will use the vessel to provide harbor tours of San Francisco Bay and the Golden…

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