Supply Chain News

19 Feb 2020

Maersk to Buy U.S. Warehousing and Distribution Firm

Danish shipping group A.P. Moller-Maersk said on Wednesday it had agreed to buy U.S. warehousing and distribution firm Performance Team as part of plans to deliver more customized logistics solutions.Maersk said the the value of the deal is $545 million, including lease liabilities of around $225 million.The world's largest container shipping firm aims to boost its earnings from its inland logistics operations, or non-ocean business. In 2018, the ocean transport business accounted for almost 80% of core earnings."This will strengthen our ability to deliver products and solutions that meet our customers' end-to-end supply chain needs…

18 Feb 2020

Coronavirus Slows China's Belt and Road Push

© Jub / Adobe Stock

When President Xi Jinping made his first state visit this year to Myanmar and signed new infrastructure contracts, there was no indication of the obstacle about to trip up China's plan for railways, ports and highways around the world: the coronavirus.Travel restrictions to prevent the spread of the disease, which has now killed more than 1,800 people, have idled much of the world's second-largest economy and choked key elements of Xi's signature Belt and Road Initiative (BRI).Chinese workers cannot get to overseas projects…

14 Feb 2020

Tech File: Grain Monitoring System for Loaded Barges

© Merek / Adobe Stock

Purpose-built for storage challenges brought on by climate change and geopolitical tensions, TeleSense has introduced its cellular SensorSpear Monitors to protect post-harvest grain.TeleSense, a post-harvest grain monitoring innovator, recently introduced a Cellular SensorSpear intended to give grain managers and barge operators an easy and reliable way to accurately monitor stored grain, ensuring grain quality while reducing spoilage and safety concerns.Inserted into piles of stored grain…

13 Feb 2020

DP World Acquires Ukraine's TIS Terminal

Sultan Ahmed Bin Sulayem. Photo: DP World

Marine cargo handling company DP World has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including regulatory approval."Bringing the TIS Container Terminal into DP World's global network of ports, economic zones, warehousing, and inland logistics solutions will strengthen its position as the market-leading terminal of Ukraine," said a press release from the global supply chain…

11 Feb 2020

Offshore Wind: Half Empty or Half Full?

© faithie/AdobeStock

As a new decade starts, offshore wind development continues to progress. Actually, it’s probably more accurate to write that the development of the development of offshore wind (OFW) continues to, uh, well, develop.Apologies for that mild sarcasm. But even a quick look-back at OFW always raises the same familiar question: is the glass half empty or half full?Consider developments in the east coast leader in offshore wind: New York.In a webinar in December New York’s NYSERDA –…

09 Feb 2020

Total in 10-Year LNG Bunkering Pact with Pavilion

Image: Total Marine Fuels Global Solutions (TMFGS)

Temasek-owned Pavilion Energy has signed a 10-year fully-termed agreement to jointly develop an LNG bunker supply chain in the port of Singapore with Total Marine Fuels Global Solutions (TMFGS),  a subsidiary of French energy conglomerate Total SA.Global law firm Norton Rose Fulbright has advised  on signing the contract.The agreement includes the shared long-term use of 12,000 cu m LNG bunker vessel (LNGBV). In February this year Pavilion chartered an LNGBV newbuilding from Mitsui…

06 Feb 2020

Risk Management with a Mouse Click

Risk Intelligence provides security data, information, analysis and assessment to enable safe navigation in areas of risk in an increasingly uncertain world.Since its founding in 2001, Denmark-headquartered security information specialist Risk Intelligence has developed a fully integrated risk assessment and planning tool that provides valid, actionable intelligence to any fleet, on land, in port or at sea, 24/7/365. The company has three information and intelligence products that together assess security risks at sea…

05 Feb 2020

Hapag-Lloyd Launches Reefer Monitoring Tool

Image: Hapag-Lloyd

The German company Hapag-Lloyd announced the adoption of a new real-time remote monitoring system for its reefer containers -  Hapag-Lloyd LIVE.The tool increases the transparency of the cold chain by offering customers a number of data sets about the condition and location of their reefer containers.The product will initially be launched to a selected group of customers and will gradually be made available as the reefer fleet of some 100,000 containers is being outfitted with…

05 Feb 2020

Philippines Ports Open to All Ships Despite Virus Fears

© yooranpark / Adobe Stock

The Philippines said on Wednesday its ports remain open to all ships, even those from China, in order not to disrupt the cargo supply chain, but the crew of vessels arriving from the coronavirus-hit nation will be barred from disembarking.All foreigners traveling from China and its two special administrative regions - Hong Kong and Macau - are currently barred from entering the Philippines amid a fast-spreading coronavirus outbreak that has killed nearly 500 people in China.A Chinese man who arrived from China's Wuhan city, where the virus emerged last year, has also died in the Philippines.Co

04 Feb 2020

Loggers, Food Exporters Impacted From China's Virus

© SHUTTER DIN / Adobe Stock

The economic impact of China's coronavirus lockdown is being felt across the globe, with exporters, miners and manufacturers of everything from coal and timber to meat and fruit facing delays and potential shipment cancellations.As the most populous nation and factory floor for most of the world's manufactured goods, China is normally the largest and most voracious consumer of a slew of global raw materials, fuels and foods.But the combination of an extended Lunar New Year holiday…

02 Feb 2020

Gasum to Bunker Equinor's Tankers

Image: Gasum

Finnish utility Gasum has signed an agreement with Norwegian energy giant Equinor for the delivery of liquefied natural gas (LNG) to the latter’s crude shuttle tankers.The Nordic energy company said in a press release that the supply will commence when the shuttle tankers start operating during 2020.The LNG bunkering deliveries will mainly take place off Skagen, the most northern part of Denmark, and at Mongstad, close to Bergen, Norway. Gasum will utilize its Coralius LNG bunker vessel to perform this service.“We’re happy to support Equinor in its ambition towards cleaner shipping…

29 Jan 2020

EIB Fund Greek LNG Bunkering Vessel Construction

 Financing agreement for the construction of the first LNG bunkering vessel for maritime use in Eastern Mediterranean. Photo: ©EIB

European Investment Bank (EIB) and Public Gas Corporation of Greece (DEPA) have signed an agreement to finance with up to 20 million euros the construction of a new liquid natural gas (LNG) bunkering vessel for maritime use in Greece which will be based in Piraeus. EIB said that the first vessel of its kind in Greece and the Eastern Mediterranean will have a capacity of 3,000 cubic meters and will be supplied with LNG at Revithoussa LNG terminal.The bunker tanker will refuel its LNG at Revithoussa LNG terminal and will carry out bunkering both in Piraeus and other Greek ports…

29 Jan 2020

DCSA Sets Track and Trace Standards

Image: DCSA

The Digital Container Shipping Association (DCSA), a non-profit group of nine major ocean freight carriers, published track and trace standards in an effort to unify information sharing and further digitalization goals."This is the first of many initiatives to be put forth by DCSA to transform inefficient practices and accelerate digitization through a unified industry effort," said the Container line group.Carriers, shippers and third parties can use track and trace standards to "enable cross-carrier shipment tracking" and can download the standards from the DCSA website…

29 Jan 2020

MAN to Open New Propeller Facility in China

(from left): Poul Knudsgaard, Head of Four Stroke Denmark, Jan Zebitz, Head of Aft Ship & Propeller, Stjepan Kucifer, Managing Director MAN ES China Production, and Kui Xi, CFO MAN ES Shanghai China (Photo: MAN Energy Solutions)_

Intercompany agreement signed between MAN Energy Solutions’ China Production and Four-Stroke Denmark’s Aft Ship & Propeller Department will establish a local CPP Assembly & Test facility with the aim to expand the propeller business further into the Chinese market.The target is to double the market share, and the plan is to start assembling the first systems in the middle of 2020, the company said.Jan Zebitz, Head of Aft Ship & Propeller, said: “There are several reasons for us to move closer to the Chinese market.

27 Jan 2020

Red and White and Green All Over

Enhydra is Red and White Fleet’s first step toward its goal of reaching a zero emissions fleet by 2025. (Photo: Red and White Fleet)

INSIGHTS: Thomas C. Escher, Chairman, Red and White FleetIn 1960, Tom Escher, the grandson of the founder and now the current owner, started working as a sweeper and a mechanics helper on the Red and White vessels. In 1997, Escher purchased the Red and White Fleet, becoming the third generation of the family to own and operate the business. In September 2018, Red and White Fleet welcomed Enhydra, the newest and largest addition to the fleet. Enhydra is the first 600-passenger hybrid-drive vessel operating in the United States.

23 Jan 2020

DP World Acquires 44% Stake in Swissterminal

Image: DP World

Dubai-based global ports operator DP World has taken a 44% stake in Frenkendorf-headquartered Swissterminal Holding, the container terminal operator in Switzerland.The parties have agreed not to disclose financial details of the transaction.Swissterminal, which is headquartered in Frenkendorf close to Basel, operates additional locations in Zurich-Niederglatt, Basel-Birsfelden, Basel-Kleinhueningen and Liestal. The terminals are well connected to Europe’s leading container ports in Rotterdam and Antwerp as well as the ports of La Spezia…

22 Jan 2020

IMO Calls for Green Shipping at Davos

Image: International Maritime Organization (IMO)

International Maritime Organization (IMO) Secretary-General Kitack Lim is calling for renewed cooperation from all stakeholders to tackle the urgent issues of air pollution and greenhouse gas emissions from shipping at the World Economic Forum in Davos.Lim said: "When temperature records are routinely broken, icecaps are melting and some parts of the world are flooding while others are burning, there can be little doubt that addressing climate change must be humankind's major priority."  IMO's strategy is to reduce sector-wide emissions by at least 50% by 2050.

20 Jan 2020

Brasco, APM Terminal Pact for Offshore Support

Image: APM Terminals

Brasco, a part of the Brazil's provider of integrated port and maritime logistics and supply chain solutions Wilson Sons Group company, has partnered with APM Terminals Pecém to set up a temporary logistics base at the Pecém Industrial and Port Complex.It will be the first offshore port support operation to take place in Ceará, said a press note from APM Terminals, an international container terminal operating company headquartered in The Hague, Netherlands.Scheduled to start in the first half of 2020…

16 Jan 2020

Keel Laid for Canadian Navy Joint Support Ship

Vice Admiral Art McDonald, Commander of the Royal Canadian Navy (left), along with Royal Canadian Navy Command Chief Petty Officer First Class David Steeves (right) laying the ceremonial coin on the future HMCS Protecteur’s keel. (Photo: Seaspan Shipyards)

North Vancouver shipbuilder Seaspan Shipyards on Thursday held a keel laying ceremony for the Royal Canadian Navy’s future joint support ship HMCS Protecteur.Scheduled for 2023 delivery, the newbuild is the first of two joint support ships to be constructed by Seaspan as part Canada's National Shipbuilding Strategy (NSS). With a length of 173.7 meters and a breath of 24 meters, the vessel will be the largest naval ship by length ever built in Canada.“Today’s keel-laying ceremony represents another milestone in our commitment to provide modern…

15 Jan 2020

MOL Intros Lighthouse Information Platform

Image: MOL

Japanese shipping company Mitsui O.S.K. Lines (MOL) has begun operation of a new data platform called ‘Lighthouse’, to provide real time transport information to dry bulk shipping customers and stakeholders.The platform is a service that allows those involved in the transport process, such as shippers and vessel operators, to safely, unitarily, and in real time, share and monitor various kinds of information related to ocean transport, such as vessel schedules ,weather, ocean conditions…

08 Jan 2020

NY to Create Offshore Wind Training Institute

Andrew M. Cuomo. Photo: Governor's office

New York Governor Andrew Cuomo has announced plans to create Offshore Wind Training Institute to offer offshore wind training programs.The institute will provide benefits to workers across New York State through new job training programs, tailored college curriculum, and enhanced academic research opportunities.Atlantic Offshore Terminals (AOT), New York-based developer of offshore wind port and supply chain facilities, has applauded Gov's initiative."The creation of the Offshore Wind Training Institute is a critical step in developing the next generation of workers here in New York…

06 Jan 2020

P&O Ferrymasters Expands in Turkey

Image: P&O Ferrymasters

European providers of transportation and logistics services P&O Ferrymasters has announced plans to open five new offices across Turkey over the next two years as it continues the expansion of its pan-European logistics services into Asia.In addition to its existing base in Istanbul, P&O Ferrymasters will develop a comprehensive network across the strategically vital country by opening offices in Izmir on the Aegean coast, the capital city Ankara, Mersin on the south coast, Bursa in the Marmara region and Gaziantep near the border with Syria.Murat Bog…

30 Dec 2019

DP World to Invest $500 in Jeddah Port Upgrade

Photo: DP World

The global port operator DP World has been awarded a 30-year Build-Operate-Transfer (BOT) concession by the Saudi Ports Authority (Mawani), for the management and development of the Jeddah South Container Terminal at the multi-purpose Jeddah Islamic Port.According to a press release from the UAE-based world leader in global supply chain solutions, under the agreement, DP World will invest up to $500 million to improve and modernize the Jeddah Islamic Port, including major infrastructure development to enable the Port to serve the ultra-large container carriers (ULCC’s)…

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