Scrap Metal News

16 Oct 2019

Antwerp Port Freight Volume Up

Image: Port of Antwerp

The total freight volume handled by Port of Antwerp rose from January through September 2019 by 1.1% compared with the same period last year. The container volume (in TEU) was up by as much as 6.4%.However the slowdown in the world economy reduced the growth rate of more volatile trade flows such as conventional break-bulk, liquid bulk and vehicles. On the other hand the volume of dry bulk such as scrap metal, minerals and coal soared by 9.5%, further propelling the overall freight…

09 Oct 2019

Baltic Index Rises on Uptick in Capesize Demand

© Zdenar Adamsen / Adobe Stock

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, jumped on Wednesday, on stronger demand for capesize vessels driven by a seasonal uptick in Brazilian iron ore exports.* The Baltic index, which reflects rates for capesize, panamax and supramax vessels, rose 72 points, or 4%, to 1,873, its biggest daily percentage gain since Aug. 30.* The capesize index jumped 177 points, or 5.8%, to 3,208, recording its steepest percentage rise in over five weeks.* The average daily earnings for capesizes…

08 Oct 2019

Turku Completes Ship Recycling Project

Blue White Eagle was the first vessel dismantled in the ship recycling project. It was towed to Naantali from Lake Saimaa. Photo:  Meriaura.

The Ship Recycling project at the Turku Repair Yard in Naantali in Finland has been completed.In the three-year project, funded by Tekes, six vessels were dismantled and recycled on an experimental basis. The background of the project is the EU Ship Recycling Regulation, which states that after 2018, EU-flagged or European-owned vessels can only be recycled on shipyards approved for that purpose.In the past, majority of the world’s fleet has ended up being scrapped in Asia under conditions that do not meet European safety and environmental standards.

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…

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…

16 May 2019

INSIGHTS: Dennis Wilmsmeyer, Executive Director, America's Central Port

Dennis Wilmsmeyer, Executive Director, America's Central Port

Dennis Wilmsmeyer was appointed Executive Director at America’s Central Port on July 1, 2010, prior to which he served 11 years with the Port District, six as General Manager.With over 30 years of experience, Dennis brings a wealth of knowledge and expertise to the table in the areas of transportation, planning, and economic development. His responsibilities include developing the Port’s 1,200-acre industrial park and business campus, redeveloping a former military logistics center…

10 May 2019

'ReCAAPing' April's Asian Piracy, Sea Robbery SITREP

File Image: a thwarted pirate attack (CREDIT: IMB)

Appended are highlights of the piracy and sea robbery situation in Asia in April 2019.

25 Apr 2019

'ReCaaping' Singapore Strait Q1 2019 Activity

Approximate location of incidents in Singapore Strait (January-April 2019) Photo courtesy of ReCAAP ISC

During January-April 2019, four incidents of unauthorized boarding of ships in locations of close proximity to each other were reported in the western sector of Singapore Strait.All four incidents occurred to tug boats towing barges and dredger while underway in the westbound lane of the Traffic Separation Scheme (TSS). Of the four incidents, two incidents reported loss of scrap metal, and nothing was reported stolen in the other two incidents. The crew was not injured in all four incidents.With the occurrence of four incidents in close proximity to each other within a period of three months…

17 Apr 2019

“It’s the steel production, stupid!”

Peter Sand, BIMCO

BIMCO's Peter Sand, in a new report, weighs in on the implications for the Dry Bulk sectors.Chinese imports of iron ore keep falling, while its crude steel production keeps growing. China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry. Mostly Capesize ships are impacted by this, way beyond the temporary iron ore export disruptions in Brazil and Australia.Chinese steel production grew by a massive 12.6 million tonnes (+9.2%) in the first two months on 2019 as estimated by China Iron and Steel Association (CISA).

16 Apr 2019

Asia: Robbery Reduced by 52% in Q1

Map: ReCAAP ISC

A total of 10 incidents of armed robbery against ships (comprising nine actual incidents and one attempted incident) were reported in Asia during January-March 2019 compared to 21 incidents (comprising 15 actual incidents and six attempted incidents) during January-March 2018.This accounts for a 52% decrease in the total number of incidents reported during January-March 2019 compared to the same period in 2018, said ReCAAP ISC's Piracy and Armed Robbery against Ships in Asia for the 1st Quarter Report…

16 Apr 2019

Piracy, Sea Robbery Situation in Asia in Q1 2019

Photo courtesy of ReCAPP

Piracy and Armed Robbery against Ships in Asia 1st Quarter Report January to March 2019Overall SituationA total of 10 incidents of armed robbery against ships (comprising nine actual incidents and one attempted incident) were reported in Asia during January-March 2019 compared to 21 incidents (comprising 15 actual incidents and six attempted incidents) during January-March 2018This accounts for a 52% decrease in the total number of incidents reported during January-March 2019 compared to the same period in 2018The number of actual incidents has also decreased by 40% during January-March 2019 c

14 Sep 2018

APH Pushes Container on Vessel Service for St. Louis Region

The concept Container on Barge vessel underway on left.

Innovative waterway concept vessel could deliver transportation savings for shippers on the Mississippi River. Plans to transport freight via innovative waterway vessels that backers say will revolutionize the inland waterway system and provide significant transportation cost savings for shippers, especially those accessing the Midwest by utilizing the Mississippi River and its tributaries, are underway, according to Sal Litrico, CEO for American Patriot Container Transport, a…

19 Jun 2018

Libya Coastguard Commander Says He Hits Migrants to Protect Them

(File photo: United Nations)

A Libyan coastguard commander sanctioned by the United Nations for alleged human trafficking and migrant smuggling said he hits migrants but does so for their own safety to prevent them from capsizing.Abdalrahman al-Milad, who heads a coastguard unit in Zawiya, just west of Tripoli, was one of six people sanctioned for involvement in people trafficking or smuggling in Libya on June 7, in the first move of its kind.The sanctions freeze bank accounts of those listed and ban them from travelling internationally…

07 May 2018

Barges Catch Fire in Alabama

The U.S. Coast Guard said it is working with local agencies to respond to a barge fire on the Mobile River near Mobile, Ala.Coast Guard Sector Mobile received a report from Mobile County Fire Department that a barge carrying scrap metal caught fire at mile marker three on the Mobile River at approximately 10 a.m. on Sunday.According to Mobile Fire-Rescue, two linked barges carrying demolished/crushed cars are ablaze.No crewmembers were reported to be aboard the barges when they went up in flames, and there have been no reports of injuries or pollution.The barges are aground on the riverbank.Mobile County Fire Department is on scene conducting…

04 May 2018

South Asian Shipbreaking Workers Assert Rights

Photo: NGO Shipbreaking Platform

In Chittagong, Bangladesh, on the International Labour Day of 1 May, the Platform member organisation YPSA brought together shipbreaking workers for a demonstration to claim their right for a healthy and safe workplace. OSHE, another Platform member, and YPSA also organised demonstrations on the World Day for Health at Work, on 28 April. Concerns related to especially the vulnerability of young workers in hazardous occupations such as shipbreaking were raised, and the call for safe working conditions was joined by prominent trade union representatives.

16 Jan 2017

Dunkirk's Volumes Rise

Container Terminal Photo Port of Dunkirk

Annual traffic for 2016 was over 46.7 MT, an increase of 0.3% compared with 2015. However, the port of Dunkirk did not escape the effects of the economic climate in 2016, which included the technical shutdowns, for maintenance, of the ArcelorMittal steel works blast furnace No. 4 and the Versalis petrochemicals plant, the permanent closure of SRD (Société de la Raffinerie de Dunkerque) and the delayed opening of the LNG terminal. In addition, grain exports have been penalised by a poor harvest since the summer of 2016.

25 Oct 2016

Rotterdam Port Throughput Slips

Courtesy Port of Rotterdam Authority

Compared to the excellent first three quarters of 2015 (+5.4%), cargo throughput in the same period this year fell by 1.9%. The decrease was particularly strong in coal and iron ore. Allard Castelein, CEO of the Port of Rotterdam Authority: “Each of the different sectors in the port has its own dynamic. The 1.9% decrease is consequently the sum of a number of different developments. Last year, throughput in the port increased by 4.9%, to 466 million tonnes. Castelein: “Throughput figures only tell part of the story. Throughput in liquid bulk fell by 0.4%, to 160.0 million tonnes.

21 Sep 2016

Little Rock Port Authority Reports August Shipping

Total barge tonnage through the Port of Little Rock in August was 57,000 net tons. Dock activities continue to compare favorably to calendar year 2015 as Logistic Services, Inc. has handled 347 barges during the first half of 2016 year and 560,000 net tons of various commodities have moved across the docks at the Port of Little Rock. Break bulk commodities accounted for just over 50% of the total river tonnage for August. Cargoes handled across the docks included potash, rock, wetcake, bauxite, granite fines, wire rod coils, scrap metal, pipe and steel coils. The US Army Corps of Engineers reports that 921,119 tons of commodities moved through the McClellan-Kerr Navigation System in August 2016.

29 Aug 2016

MN100: SENNEBOGEN LLC

Photo: SENNEBOGEN LLC

SENNEBOGEN has been a leading name in global material handling for over 60 years. Stanley, North Carolina-based SENNEBOGEN LLC offers a complete range of purpose-built machines to suit virtually any material handling application. Since 2000, SENNEBOGEN LLC has became a leader in specialized equipment solutions for recycling and scrap metal yards, demolition, barges, port operations, and log-handling. A network of SENNEBOGEN distributors throughout North America includes more than 50 service locations on the Ohio and Mississippi River systems.

24 Aug 2016

The Economics of Ship Breaking & Scrapping

Photo Credit iStock rajami2

Sometimes being an industry supplier offers interesting insights – your business is touched by the ups and downs of the charter market, but you are never so involved in it that you lose sight of the big picture. Some of our clients have been hit hard by the market’s general downturn; one client I visited last month began 2008 with 41 maritime software licenses for their vessels – just seven remain today. “We just sold another ship yesterday,” he said, and then after a pause: “Please spare me the update costs for this one, it won’t receive any.” Of course, I nodded.

16 Aug 2016

Shipping Industry Slumps, but Ship Scrapping Looks Up

Alang, Gujarat: World's biggest ship breaking yard. Photo from Youtube video

While the shipping industry struggles through a historic downturn, ship scrapping business is seeing accelerating demand, reports WSJ. The global economic slowdown is putting shipping through its most bruising period since the 2008 financial crisis. With the capacity running some 30% ahead of shipping demand, orders for new vessels have fallen to a record low this year and companies can’t get rid of ships fast enough. In the five years to last year, owners ordered an average of 1450 ships annually.

19 Jul 2016

U.S. Ports See Slower Beginning to Shipping Season

Image: FedNav

While U.S. ports have been busy, overall the beginning of the shipping season has been slower than anticipated. “Although the overall cargo numbers remain down when compared to the same time frame last year, in June we were above the five-year average,” said Betty Sutton, Administrator of the Saint Lawrence Seaway Development Corporation. “Imports arriving in the Great Lakes Seaway System kept longshoremen busy during the month of June. About 45 ships arrived from 19 different countries with high value cargo like windmill components, machinery, aluminum ingots, steel, sugar, and general cargo.

29 Jun 2016

FMC's Doyle Addresses VGM Rules

William P. Doyle (Photo: FMC)

U.S. Federal Maritime Commission (FMC) Commissioner William P. On Friday, June 24, 2016, I voted to allow the Port Operations and Safety Discussion Agreement to go into effect pursuant to an expedited review process. The agreement was filed by OCEMA and on behalf of the ports of Boston, Virginia, North Carolina, South Carolina, Georgia and Houston. The initial filing of this agreement by OCEMA contained language that was overly broad, sweeping in nature and indefinite in time.

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