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Wednesday, January 17, 2018

Ss Chain News

Cross Keys Implements Quality Control for Russian Bunker Supply Chain

Cross Keys Group, a business consulting firm dedicated to providing services and solutions across the maritime and energy sectors announced the implementation of Quality Management System for the Bunker Supply Chain in Nayada and Nakhodka Port Bunker, Russia. The implementation of quality standard is a vision of RN-Bunker, a marine fuel arm of Russian state owned oil giant Rosneft, to further strengthen their commitment towards offering consistent quality products and services to ship owners and operators in the region. Cross Keys Group acted as an advisory partner to introduce Quality Management System for the Bunker Supply Chain in 2012 that was broadly based on the best practices as set in Singapore’s SS 524 to ensure that Rosneft’s Quality Management System is accurately drafted…

Socgen Joins SEA\LNG

Photo: SEA\LNG

French multinational banking and financial services company Societe Generale (Socgen) has joined SEA\LNG, the industry coalition promoting the use of liquefied natural gas (LNG) as a marine fuel. The bank is the first financial institution to join SEA\LNG. Joining a growing band of industry leaders from across the LNG value chain, Societe Generale brings an essential financial perspective to the group which aims to accelerate the uptake of LNG as a marine fuel. Paul Taylor, Global Head of Shipping Finance…

Singapore Establishes New Bunker Standards

Singapore’s bunkering industry will receive a boost with the implementation of a new national standard. As of June 1, 2007, all bunker suppliers in Singapore are required to be certified in accordance with the new Singapore Standard on Quality Management for Bunker Supply Chain (SS 524:2006), in order to renew their bunkering licenses. This was announced by Lim Hwee Hua, Minister of State for Finance and Transport at the opening of the 14th Singapore International Bunkering Conference (SIBCON 2006).

Port of LA Sets New Record with 2017 Container Throughput

Photo: Port of Los Angeles

The Port of Los Angeles moved more cargo in 2017 than in any time in the Port’s 110-year history, racking up 9,343,192 Twenty-Foot Equivalent Units (TEUs), a 5.5 percent increase over 2016’s record-breaking year. It’s the most cargo moved annually by a Western Hemisphere port. “We are powering Los Angeles’ economy to new heights every year, because we know that lasting prosperity means investing boldly in jobs, opportunity, and growth,” said Los Angeles Mayor Eric Garcetti. “The…

Hospital Ship Sunk in Bristol Channel a Century Ago

HMHS Rewa (CREDIT Sailors society / Wikimedia)

One hundred years ago tomorrow (January 4) the sinking of a hospital ship by an infamous German U-boat commander caused outrage across Britain. Wilhelm Werner broke international law when he fired on HMHS Rewa, killing four seafarers and causing the vessel to sink into the Bristol Channel, 19 miles off Hartland Point. The Rewa - which had served in the Gallipoli campaign - was transporting walking wounded from Malta to Wales when it was torpedoed. The ship took two hours to sink, which gave those on board time to get into lifeboats.

Cargotec Defines Sustainability Targets for 2018

Photo: Cargotec Corporation

Cargotec Corporation's Extended Executive Board has set the company sustainability targets for 2018. The targets support Cargotec's strategic must-win battles - services, digitalisation and people leadership - with which the company aims to become the global leader in intelligent cargo handling. Cargotec's focus in 2018 will be on increasing safety awareness, setting a new sustainability standard for the supply chain, increasing the usage of renewable electricity, and ensuring that human rights-related company practices and processes are at the correct level.

Historic Steamship Towed to Buffalo for Restoration

Photo: Great Lakes Towing Company

A 113-year-old “Boblo Boat” SS Columbia is being towed from Toledo, Ohio to Buffalo, N.Y., where the historic vessel will be docked for the next year for restoration. A towing contract was awarded to The Great Lakes Towing Company from nonprofit organization The SS Columbia Project, whose mission is to restore and enable the SS Columbia to serve as a cultural flagship reconnecting New York City to the waterfront cities and towns along the Hudson Valley where excursion steamboats were long a familiar sight.

SS&Y Capesize Indices Rise

Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 53 points to 4,420 in the week ending Nov. 29. "Increasing pressure on fronthaul rates, particularly for modern tonnage, has brought a firm tone to routes to the Far East, and demand for end December in to the start of 2000 will keep owners optimistic that rates will climb further," SS&Y reported. SS&Y's Pacific Capesize Index rose 173 points to 4,455 in the same week. "The Pacific Capesize Index has risen to its highest level since its inception in January 1997 as Chinese inquiry, which has been the prime mover of the recent firmer tone, remained a key feature," SS&Y reported. "It seems quite possible that the firm tone will continue in to the New Year as demand remains healthy," SS&Y added.

SS&Y Capesize Indices

SS&Y Pacific And Atlantic Capesize Indices Drop Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 45 points to 5,284 in the week ending March 27. "The Pacific sector remains tight, with owners gaining firm rates in a positional market," SS&Y said. "Tonnage is scarce for early positions, allowing owners to play a stronger hand," SS&Y added. SS&Y's Atlantic Capesize Index fell 85 points to 5,179 in the same week. "The fall in this week's index was due to rates obtainable for Richards Bay/Rotterdam and Bolivar/Rotterdam, down to around $10 and the mid $7 respectively," SS&Y said. "However, there is a firm belief that the market will remain strong, with South Korea in particular still an area of heavy demand for capers from the Atlantic," SS&Y added.

SS&Y Capesize Indices

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 243 points to 5,259 in the week ending May 8. "The Pacific Capesize index fell after the holidays in the Far East, with early vessels becoming the victims of a lack of inquiry," SS&Y said. "A $1 fall on the Queensland/Rotterdam route (120/150,000 ton cargo) was certainly not going to help the index, which witnessed its first serious decline since January," SS&Y added. Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index fell 131 points to 4,786 in the week ending May 8. "The Atlantic Capesize index dived on the back of weaker demand, which softened rates for early tonnage. However, iron ore demand in the Atlantic remained steady and limited the fall in rates to more moderate levels," SS&Y said.

Algoma Purchases Four U.S. Flag 'Lakers'

The Adam E Cornelius, one of four ASC vessels involved in a sale to Algoma. CREDIT: ASC

Algoma Central Corporation, a provider of marine transportation services, today announced it has reached an agreement with American Steamship Company to acquire four vessels. The Company has acquired the M.V. Buffalo, the M.V. Adam E. Cornelius, the S.S. American Valor and the S.S. American Victory. The availability of these vessels presented an opportunity to expand Algoma’s vessel fleet and capacity at extremely attractive values. Both the M.V. Buffalo and the M.V. Adam E. Cornelius…

Singapore’s New Standards in Bunkering

SPRING and the Maritime and Port Authority of Singapore launch the first standard in the world for both bunker suppliers and surveyors. SPRING Singapore and the Maritime and Port Authority of Singapore (MPA) have launched a new standard, the Singapore Standard SS 600: 2008 – Code of Practice for Bunkering, to further enhance consistency in practices in the delivery of bunkers for ships calling at Singapore’s port. The launch of this national standard for bunker suppliers and surveyors – a first in the world – was announced by Mr. Raymond Lim, Minister for Transport and Second Minister for Foreign Affairs, at the Singapore International Bunkering Conference (SIBCON 2008).

Singapore’s New Standards in Bunkering

SPRING and the Maritime and Port Authority of Singapore launch the first standard in the world for both bunker suppliers and surveyors. SPRING Singapore and the Maritime and Port Authority of Singapore (MPA) have launched a new standard, the Singapore Standard SS 600: 2008 – Code of Practice for Bunkering, to further enhance consistency in practices in the delivery of bunkers for ships calling at Singapore’s port. The launch of this national standard for bunker suppliers and surveyors – a first in the world – was announced by Mr. Raymond Lim, Minister for Transport and Second Minister for Foreign Affairs, at the Singapore International Bunkering Conference (SIBCON 2008).

This Day in Coast Guard History – Dec. 8

1904-An Executive Order extended the jurisdiction of the Lighthouse Service to the noncontiguous territory of the Midway Islands. 1941-Coast Guardsmen seized all nine Finnish vessels that were currently in U.S. ports and placed them in "protective custody" to "prevent the commission of any acts of sabotage" on orders from the Navy Department. Twenty-four hours later the Coast Guard removed the crews from each of the vessels. This action was ordered soon after the break in diplomatic relations between Great Britain and Finland. The following Finish vessels were seized: SS Olivia, at Boston, Massachusetts; SS Kurikka, SS Jourtanes, and SS Saimaa at New York…

This Day in U.S. Coast Guard History – December 8

1904-An Executive Order extended the jurisdiction of the Lighthouse Service to the noncontiguous territory of the Midway Islands. 1941-Coast Guardsmen seized all nine Finnish vessels that were currently in U.S. ports and placed them in "protective custody" to "prevent the commission of any acts of sabotage" on orders from the Navy Department. Twenty-four hours later the Coast Guard removed the crews from each of the vessels. This action was ordered soon after the break in diplomatic relations between Great Britain and Finland. The following Finish vessels were seized: SS Olivia, at Boston, Massachusetts; SS Kurikka, SS Jourtanes, and SS Saimaa at New York…

SS United States Supporters Push for NY Return

SS United States: Photo CCL

The 'SS United States' - America's Flagship - is making her final push to return home to New York with a DAY OF ACTION on Thursday, 4, September in Manhattan that will also feature an announcement by a developer interested in re-purposing the historic ship into a major waterfront destination, says the SS United States Conservancy organization. The SS United States redevelopment will create more than 2000 jobs and generate significant revenue for the city. Volunteers will be handing…

IBIA Supports Port of Singapore Bunker Initiative

negative interest and uncertainty in the market. contradictory clarifications. react to such incidents. issues. effectiveness. transparency and integrity," says Gregory. CP60:2004), and various other schemes. all in the bunker supply chain. considerations beyond rules and regulations. factors and technology have a role to play. the image of the bunker industry. Gregory. the bunker supply chain in Singapore. suppliers and major fuel testing companies. taken to segregate and remove non-conforming product from the supply chain. incidents cause problems. eliminating unacceptable practices. BQAP. chain. and continuous improvements to serve them better.

Bunkering in Singapore - an Alternate View

SSA rtespondes to allegations of bunkering irregularities in Singapore. Bunkering is an important industry for Singapore. Consequently, the bunker supplying industry in Singapore is therefore also highly regulated by the Maritime and Port Authority of Singapore (MPA) - all Singapore bunker suppliers, bunker tankers and bunker surveyors involved in the bunkering business are required to be licensed by MPA. The Singapore Shipping Association (SSA) therefore takes a very serious view of recent allegations of malpractices by the bunkering industry in Singapore. As a major port of call, Singapore supplies more than 43 million tonnes of bunkers. This is based on more than 37,000 vessel calls at Singapore for bunkers annually.

Crowley-Managed MARAD Ship Headed to New Orleans

support ship SS Wright has been activated by the U.S. brought about by Hurricane Katrina. aviation logistics ships that supports U.S. aircraft. ready to deploy to a contingency operation worldwide. Maritime Officers (AMO) and the Seafarer's International Union (SIU).

SS&Y Indices Push Higher

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index rose 123 points in the week ending Monday to 5,726. "A major resurgence from Japanese interests heated the spot market in the Pacific with rates rising accordingly. Because of the tightened supply situation any new interest will boost the market," SS&Y said. "Several charterers have already covered early November positions, but enquiries are still relatively plentiful leading to a conclusion of continued strength in the Pacific for this week," SS&Y added. Meanwhile, SS&Y's Atlantic Capesize Index rose 44 points to 5,896 in the week ending Monday October 23. "Demand remains strong but has slackened somewhat over the past week," SS&Y said.

SSY Indices Fall

Shipbrokers Simpson, Spence and Young's Pacific Capsize Index fell 401 points in the week ending Monday to 5,618. "The Index is higher than it was a month ago and yet there appears to be a shift from optimism to pessimism by capsize owners," SS&Y said. "Underlying demand has not altered markedly and the supply situation has not altered since spring and while inquiry has generally been light, we feel that owners are slipping into sackcloth and ashes far too soon," SS&Y added. SS&Y's Atlantic Capsize Index fell 138 points in the week ending Monday to 5,699. "Charterers have recently been booking early to avoid the Christmas rush, which has lead to a quiet period," SS&Y said. "Much is now being made of the outlook for the steel market in 2001.

SS&Y's Capesize Indices Drop

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 45 points to 4,060 in the week ending Jan. 24. "A fresh decline in the Pacific Capesize Index this week indicated that the market has turned in the charterers' favor. Although we feel that this is only a temporary change in direction," SS&Y reported. "The demand forecasts from Asia and Japan in particular remain bullish towards the back end of the first quarter," SS&Y added. SS&Y's Atlantic Capesize Index fell 71 points to 4,248 in the same week. "The Atlantic Capesize index lost another 71 points this week and has dropped 213 points since the start of the year, but we feel that this is line with our predictions of some months ago…

This Day In Naval History - January 04

USS Michigan (Photo: U.S. Navy)

1910 - USS Michigan, the first U.S. dreadnought battleship, is commissioned. 1943 - USS Shad (SS 235) sinks German minesweeper M 4242 (ex-French trawler Odet II) in the Bay of Biscay. 1944 - USS Bluefish (SS 222) and USS Rasher (SS 269) attack a Japanese convoy off French Indochina; Bluefish sinks a merchant tanker while Rasher damages another tanker. Also on this date USS Cabrilla (SS 288) sinks a Japanese freighter off Cape Padran, French Indochina while USS Tautog (SS 109) sinks a Japanese freighter off southern Honshu. 1945 - During attacks against the U.S.

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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