Suez Canal Temporarily Blocked
A statement by Admiral Mohab Mamish, Chairman of the Suez Canal Authority, explains reactions to the grounding of a Korean tankship. Suez Canal Authority Chairman, Amiral Mohab Mamish, stated that Suez Canal pilots and salvage teams supported by tugboats succeeded in refloating the Korean tanker Volga, 82,000 tons that grounded in the main channel at Km. 42 and blocked the Canal at 05:15 pm on 14, February 2013. Volga ran aground due to loss of power which led to engine and rudder failure.
MV Suez Hijacked in the Gulf of Aden
In the early hours of 2 August, the MV Suez reported being under small arms fire from a pirate attack and minutes later she reported pirates on board. After notification of the attack, attempts were made to make contact with the MV Suez but to no avail. MV Suez was travelling in the Internationally Recommended Transit Corridor (IRTC) when attacked. Immediately after the first report a helicopter was directed to the ship but pirates had already taken over the command of the vessel.
Maersk Asia/US E.Coast Service to Transit Suez, Not Panama
Maersk Line, will stop using the Panama Canal to transport goods from Asia to the U.S. East Coast as bigger ships make Suez more profitable. Maersk Line will send through Suez Canal a vessel that can carry as many as 9,000 20-foot boxes at a time, instead of using two 4,500-box-vessels through Panama Canal, Soeren Skou, Maersk Line chief executive officer, informed Bloomberg in Singapore. The last sailing through Panama will be on April 7 and the first service through Suez will be a week later. The company considers it more cost-effective to send larger ships in this trade via the Suez Canal even though they need to sail a longer distance. Source: Bloomberg
Egypt on a War Footing to Expand Suez Canal
The Suez Canal Authority is in a race to quickly expand the vital waterway for two-way traffic by August 2015, says an Associate Press report. Workers dig round the clock on Suez Canal expansion, hoping for surge in East-West trade. President Abdel-Fattah el-Sissi has made the project a point of nationalist glory, not to mention a cornerstone of plans to revive the economy. But while shippers say more ships may be drawn by shorter waiting times, ambitions to nearly triple revenues depend mainly on growth in the world economy.
Suez Canal Sees $60M Turnover Increase In '99
The Suez Canal Authority (SCA) achieved an increase in turnover of $60 million in 1999 to a total of $1.8 billion, due mainly to toll discounts for long-distance ships. Chairman Ahmed Fadel said projects to transfer oil through pipelines, such as those in Russia, and also the SUMED oil pipeline, linking the Red Sea and the Mediterranean, "have definitely affected the amount of oil traveling through the Suez Canal". Fadel said the Suez Canal would increase its depth to between 70 and 72 feet by 2010 to accommodate modern ships with a loading capacity of 300,000 to 350,000 tons of cargo. The Suez Canal Authority (SCA) also announced that it will keep its transit fees unchanged in 2000 for the seventh year in a row, an SCA official said.
Shippers Avoid Panama and Suez Canals Due to Charges
Container lines are adopting alternative routes to the Panama and Suez Canals to avoid charges say the Copenhagen-based SeaIntel Maritime Analysis. SeaIntel state that since October 2015 115 vessels deployed on Asia-USEC and Asia-north Europe services made the trip back to Asia by sailing south of Africa rather than through the Suez and Panama canals. The Suez Canal Authority state that the number of laden container vessels passing through the Suez Canal in 2015 dropped 2.8% from 2014.
Bulk Carrier Runs Aground in the Suez Canal
A capsize bulk carrier ship has run aground in the Suez Canal at 69 kilometers at about 10:30 a.m. local time February 25, and is still grounded on same position, GAC reported, as per information available from the Suez Canal Authority. According to GAC, the Suez Canal has not closed, but there are some delays on the convoys’ movements and the starting time of the convoys has been amended accordingly, as follows: Northbound convoy started today at 9:45 a.m. local time (first vessel). Southbound convoy started today at 2 a.m. local time and waiting in Great Bitter lakes. Further traffic delays are expected until the vessel is refloated by Suez Canal Authority tugs.
GDF Suez Ships First LNG Delivery to Dubai
GDF Suez has delivered its first cargo in the LNG carrier 'BW GDF Suez Boston' to the Dubai Supply Authority's Jebel Ali Terminal . According to the compamy GDF SUEZ has enlarged its footprint in the Middle East as a major global LNG supplier with the delivery of its first LNG cargo to Dubai. The BW GDF Suez Boston unloaded its 138,000 cu.m capacity cargo to the United Arab Emirates’ sole LNG import terminal, offshore Dubai. Between 2010 and 2016, GDF Suez says it is planning to deliver about 10.8 million tons of LNG to major energy players in Asia (KOGAS, CNOOC, Petronas, Petronet, PTT and GAIL). GDF Suez is one of the few European utilities with the flexibility in its natural gas portfolio to direct volumes to these markets.
Current Convoy Information Ahead of New Suez Canal Opening
Inchcape Shipping Services (ISS), is advising on current Suez convoy information ahead of the new Suez Canal’s inauguration on 6 August 2015. The new Suez canal measures from 60 kilometres in length to 95 kilometres in length, while the project also involves deepening and widening the Great Bitter Lakes and Ballah bypass to a total length of 37 kilometres. On completion, the new Suez Canal will create a new parallel waterway to the existing one, increasing the doubled parts of the Suez Canal by 50 per cent.
Suez Canal, the Fastest Maritime Corridor
Egypt's Suez Canal has maintained its classification as the most important and fastest maritime shipping corridor despite the economic challenges faced by the world in 2015 and 2016, reported Xinhua quoting head of the Egyptian Suez Canal Authority Mohab Mamish as saying. A statement from the canal's authority said on Sunday that its revenues stood at $2.938 billion from January to July. Its revenues jumped to $446.3 million in July from $427.2 million in June, according to Reuters' calculations. In July last year, revenues stood at $429 million.
Trial Operation for New Suez Canal to Begin This Week
The CEO of the New Suez Canal’s dredging works Wagdy Zaki has said that all preparations have been made to start the trial operation for the New Suez Canal next Saturday. He also said that the head of Suez Canal Authority Gen Mohab Mamesh is following up the trial operation’s measures. The new Suez Canal shipping-route project will be completed before Saturday, according to Mohab Mamesh, head of the Canal Authority. On Sunday, 97.2 percent of the project was completed, Mamesh said. Up to 254.740 million cubic meters of water-saturated sand have been dredged so far, the report said.
New Suez Canal Ready for Business
Suez Canal Authority (SCA) chairman Mohab Mamish officially called on international maritime navigation lines to use the New Suez Canal, scheduled to be inaugurated August 6. Dubbed the Suez Canal Axis, the new 72-kilometre (45-mile) section built by the Egyptian army is aimed at speeding up traffic along the existing waterway by reducing the waiting period, as well as boosting revenues. Mamish assured the new canal is safe and well-prepared to receive the crossing ships. He added that with the new Suez Canal project inaugurated in August 6, vessels traffic in the waterway will be the fastest all over the world. Preparations for the inaugural ceremony were in full swing in Ismailiya amid a widespread campaign to clean the city, an AFP correspondent reported.
CMA CGM Ships Lead Procession in the Suez Canal
Worldwide shipping group CMA CGM informs that two of its containerships are leading a vessel procession that celebrates the inauguration of the newly expanded Suez Canal on Thursday, August 6. The two vessels at the head of the procession, CMA CGM Laperouse and CMA CGM Titan, sail as part of 11 of CMACGM’s main shipping lines transiting by the Suez Canal. Eight percent of the world’s commercial maritime traffic goes through the Suez Canal, which represents an average of one CMA CGM vessel transiting in each direction daily, the shipper said.
Maersk Welcomes Suez Canal Expansion
As the largest customer of the Suez Canal with more than 1,400 transits in 2014, the Maersk Group welcomes the expansion of the Suez Canal and the advantages it entails. Egypt has all through the 20th and 21st century acted as the bridge between Europe and Asia thereby enabling global trade and growth. From 2004 to 2014, container volumes transported via the Suez Canal has grown around 70 percent and the expansion confirms the Suez Canal Authority’s continuous commitment to accommodating growth in trade. Maersk Group representative and CEO of Maersk Drilling, Claus V.
SUEZ Announces Agreement With MarAd
SUEZ Energy North America's subsidiary, SUEZ LNG NA LLC announced an agreement with the U.S. Maritime Administration designed to begin generating employment opportunities for U.S. mariners onboard liquefied natural gas (LNG) vessels. The transport of LNG between countries to meet natural gas needs is a burgeoning international industry, with the international (privately owned) LNG shipping fleet growing at a rate of 15-20% a year. Today, all LNG ships worldwide are flagged under non-U.S. countries. SUEZ' ships, for example, are flagged primarily under Norway and Spain. As a result, there are no U.S.-licensed mariners on these vessels, and the U.S. shipping industry does not currently share in this growing job market.
Ocean Alliance Launches Day Two Product
The Ocean Alliance has launched its new Day Two Product with an estimated 3.6 million TEU carrying capacity provided by approximately 340 containerships deployed on 41 services. The new offering will commence in April 2018. Alliance partners CMA CGM, COSCO, Evergreen and OOCL will offer 20 Transpacific services, six Asia-Europe services, four Asia-Mediterranean services, four Transatlantic services, five Asia-Middle East services and two Asia-Red Sea services. “Ocean Alliance…
Louisiana LNG Project Gets Important Non-FTA Export Approval
Cameron LNG, one of the most advanced US LNG export projects, (promoted by GDF SUEZ as a shareholder and a capacity holder), has been granted conditional non-Free Trade Agreement (FTA) approval from the US Department of Energy (DOE). The Non-FTA agreement will enable GDF SUEZ to export LNG from the Cameron LNG project, in Louisiana, into countries that have not signed a FTA with the USA. GDF Suez inform that the project received FTA approval in January 2012. The Non-FTA approval will enable them to sell the LNG produced by the Cameron plant, to a much wider range of partners around the world.
Suez, Petrobras Sign LNG Supply Deal
French energy company Suez and Brazil's federal energy company Petrobras (NYSE: PBR) have signed an LNG supply deal, a Suez spokesperson reportedly told BNamericas. Suez's Suez Global LNG division signed the deal, in which the volume and price Petrobras will pay for the LNG will vary, the spokesperson reportedly said. The LNG will come from different parts of the world. Petrobras will start operating its two floating LNG regasification units in Rio de Janeiro and Ceará states in May 2008. The first LNG supply vessel is due to arrive in Brazil in April 2008 and the second in April 2009. The two terminals have combined capacity of 21Mm3/d. [Source: http://www.bnamericas.com]
Delivery GDF Suez Neptune
The first shuttle and regasification vessel (SRV) co-owned by Höegh LNG and Mitsui O.S.K. Lines, Ltd. (MOL) was completed at Samsung Heavy Industries in South Korea, and was delivered to the GDF Suez group on November 30, 2009. It will serve on a long-term charter contract between the parties. GDF Suez Neptune is the first of two SRVs which was constructed in order to provide LNG transportation services to the Neptune LNG Deep Water Port off the coast of Gloucester, Massachusetts, U.S. – to be commissioned in early 2010 – as well as other GDF Suez’s projects around the world.
OCEAN ALLIANCE Sets Out Network
Members of the OCEAN ALLIANCE, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line, signed a document entitled the Day One Product, which sets out the proposed OCEAN ALLIANCE’s network, including port rotation for each service loop. The Day One network intends to deploy around 350 container vessels with an estimated total carrying capacity of 3.5 million TEUs to provide one of the most comprehensive service coverage in the market on the following trade lanes. The vessel deployment details for each service loop, will be released around end of this November.
88 Qatari Ships Carrying LNG Passed Suez Canal Last Year
Eighty-eight vessels from Qatar bearing cargoes of liquefied natural gas (LNG) used the Suez Canal in 2006. Of these, 74 were bound for Spain, six to France, five to Belgium and three to other destinations, according to Ahmed El Manakhly, Director of the Planning and Research Department at the Suez Canal Authority. With these vessels having a draft of around 40 feet, the Suez Canal would have more than adequate depth to allow them to pass through. Draft refers to a ship's minimum depth of water to float. The Suez Canal's draft is at 62 feet. In 2006, there were 287 LNG carrier trips via the Suez Canal, a number that will reportedly rise to 366, a combined capacity of 52.6m cubic metres by 2010. Tolls are collected on the basis of the size of the vessel.
State of Emergency Declared in Suez Canal Zone
Due to political unrest & public demonstrations a State of Emergency & curfew declared in Port Said, Ismailia and Suez. According to GAC, navigation in the Suez Canal is running normally, unaffected by the curfew. Transit registration formalities are being coordinated between the Suez Canal Authority and agents. All husbandry services in Port Said are suspended until the security situation in the city permits safe and secure handling. Husbandry services in Suez City can be arranged as usual, but will be partially affected by the curfew as movements within the city will not be permitted between the curfew hours of 2100 and 0600. Source: GAC
DP World to Develop Egypt Port Terminal
A Memorandum of Understanding (MoU) agreed by DP World, Egypt’s Holding Company for Maritime and Land Transport and the Suez Canal Authority is aiming to develop a new Inland Container Depot (ICD) in Egypt’s 6th of October City, a satellite town in the Giza Governorate and part of the urban area of Cairo. The three partners will bid for the government contract for the project later this year. The proposed ICD will increase the flow of cargo between ships and major land transportation networks in the country, creating a central distribution point.