Supply Chain News

17 Jul 2019

Decommissioning in Shetland Expands

Image: Veolia

Two installations from Spirit Energy’s ST-1 in the North Sea have arrived at the Dales Voe decommissioning facility in Shetland, Scotland, with works set to be carried out by partners Veolia and Peterson.The 45-metre high 1,300 tonne steel jacket and 1,200 tonne topsides structure arrived into Dales Voe in Lerwick.The structures will be dismantled and disposed of by partners Veolia and Peterson. Now at the end of their working life recovering these platforms is important to maximize the value of the materials and assets they contain…

16 Jul 2019

BHP to Order LNG-Fueled Bulker

Image: BHP

International mining company BHP BHP floated a bulk carrier tender for LNG-fueled transport for up to 27 million tonnes of its iron ore.The Melbourne-based resource company said in a release that this is the world’s first bulk carrier tender for LNG-fueled  iron ore vessel.The mining giant is considering LNG as a way to eliminate nitrogen oxide and sulfur oxide emissions by launching the world’s first tender for the ships.Rashpal Bhatti, Vice President, Maritime and Supply Chain…

16 Jul 2019

Setting the Course for Low Carbon Shipping

© Herbert-ABS

In a collective call to action for the decarbonization of shipping last year, 34 signatory CEOs from the industry made clear that efforts to significantly lower the carbon footprint of shipping presented “biggest technology challenge in the past 100 years”.This statement was not an exaggeration. In fact, the transition to a low-carbon future will take more than an unprecedented commitment to the research and development that traditionally underpins technological advance. Finding complex solutions that are at once commercially viable…

15 Jul 2019

OP/ED: Stronger Together

Image CREDIT: AdobeStock / ©_Ian Dyball

In 1941, geologist Orval Lester Brace stated “it may be tentatively assumed that the Gulf of Mexico is a potential source of salt-dome oil. Whether or not it will be economically feasible to explore these waters for the domes that must exist is a question for the future to answer.”  The future hypothesized by Mr. Brace was not nearly as far off as it seemed. Less than six years after his proclamation, Kerr-McGee Oil Industries, along with Phillips Petroleum, Stanolind Oil and Gas Co…

15 Jul 2019

SPARK Joins OSC for $450mln Biz Incubator

Photo: Saudi Arabian Oil Co.

Saudi Aramco's King Salman Energy Park (SPARK) and Dubai-based Oilfields Supply Center Ltd. (OSC) signed an agreement to establish OSC as an anchor tenant at SPARK.OSC will develop a business incubator called the Common User Supply Base (CUSB) in collaboration with Saudi Aramco, to support the oil and gas industry in the Kingdom and the region, as well as help accelerate the growth of small and medium-sized enterprises (SMEs) in the energy sector.OSC plans to invest around USD 450 million over the next two years…

12 Jul 2019

Shipping Majors Join CargoSmart Digital Initiative

Pic: CargoSmart

The provider of software-as-a-service based shipping and logistics solutions, CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with shipping majors.According to a statement from the shipment management software company, CMA CGM, COSCO Shipping, COSCO Shipping Ports (CSP), Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group have signed up with it.As per the agreement…

12 Jul 2019

Scottish Offshore Wind Supply Chain Readies

Scott Hamilton. Photo: Xodus

International energy consultancy Xodus Group is working with Scottish Enterprise and Scottish Development International (SDI) to showcase the expertise of Scottish supply chain companies in the global offshore wind sector.The aim of the collaboration is to create a directory and gap analysis which helps Scotland-based suppliers capture a greater share of the burgeoning offshore wind market — forecast to be worth an estimated GBP 30 billion per annum by 2030 — by advertising their experience and capabilities on the new Scottish Industries Directories platform.Due to launch later in 2019…

11 Jul 2019

Shipping Losses Lowest This Century as New Dangers Emerge

Captain Andrew Kinsey, Senior Risk Marine Consultant with Allianz Risk Consultant (ARC)

The Allianz Global Corporate & Specialty AGCS) Safety & Shipping Review 2019 provides a unique and in-depth look at the emerging risks facing international shipping stakeholders.Large shipping losses are now at their lowest level this century having declined by over 50% year-on-year, according to Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2019. The annual study analyzes reported shipping losses over 100 gross tons (GT). AGCS provides global marine and shipping insurance for all types of marine risk…

16 Jul 2019

Atlantic Offshore Wind: Favorable Winds for Maritime

© 3plusx/Adobe Stock

Now that the United States finally can envision steady winds blowing from the Atlantic Seaboard due to a pipeline of offshore wind farms on the horizon, the maritime industry can finally step up and earn some of the benefits. This includes shipbuilding, port construction, and worker training. This article reviews the key developments and forecasts the growth in maritime jobs.The federal and state governments share responsibility for developing offshore wind farms and bringing the wind into the power grid and…

08 Jul 2019

Bahri Intros ‘ISupplier’ Platform

Eng. Abdullah Aldubaikhi, CEO. Photo: Bahri

The Saudi Arabian logistics and transportation giant Bahri has announced the launch of its ‘iSupplier’ portal, as part of further strengthening its commitment to enhancing the quality of its services and deepening business relationship with key partners.The online platform will serve as a dedicated communication channel between Bahri’s Corporate Procurement and suppliers and contractors, it said.A fast and convenient platform, ‘iSupplier’ will enable Bahri to have easy access to a larger segment of suppliers and contractors in Saudi Arabia’s private sector.

04 Jul 2019

Singapore Starts Tuas Terminal Phase 2

Installation of the first casisson for Tuas Port Phase 2. Photo: Maritime and Port Authority of Singapore

The Maritime and Port Authority of Singapore (MPA) has announced that reclamation work for Tuas Terminal Phase 2 began ysterday (4 July), with the installation of the first caisson.Singapore’s next-generation trade hub has commenced at a ceremony attended by Dr. Lam Pin Min, Singapore’s Senior Minister of State for Transport and Health.MPA awarded the Tuas Terminal Phase 2 reclamation project to Penta-Ocean Construction Co. Ltd/Hyundai Engineering & Construction Co. Ltd/Boskalis International BV (PHB) Joint Venture in 2018.

03 Jul 2019

Hapag-Lloyd, ONE Join TradeLens Platform

Pic: TradeLens

Maritime shipping companies Ocean Network Express (ONE) and Hapag-Lloyd have joined blockchain-enabled digital shipping platform TradeLens, which was jointly developed by their container shipping rival Maersk and tech giant IBM.Hapag-Lloyd and ONE, the world’s fifth and sixth largest carriers by capacity, respectively, will join CMA CGM and MSC Mediterranean Shipping Company, the world’s second and fourth largest carriers, who recently signed up for the TradeLens platform in May.Maersk says with the addition the carriers…

02 Jul 2019

NOIA: VA Offshore Wind is a Win for Americans

NOIA President Randall Luthi issued the following statement after Dominion Energy and its partner Ørsted began construction of the Coastal Virginia Offshore Wind (CVOW) Project:“NOIA congratulates Dominion Energy for starting construction on the Coastal Virginia Offshore Wind Project (CVOW) — the first federal and second overall U.S. offshore wind project. This demonstration project is an important stepping-stone towards commercial-scale offshore wind development in the U.S. Dominion’s partnership with leading offshore wind developer…

01 Jul 2019

Blockchain Container Completes Maiden Voyage

Pic: Port of Rotterdam

The Port of Rotterdam has announced that the first paperless and fully door-to-door tracked container, based on blockchain technology, has arrived at the warehouse of Samsung SDS in Tilburg.Last year Dutch bank ABN AMRO collaborated with the Port of Rotterdam and Samsung SDS on a blockchain trade initiative, DELIVER. The DELIVER concept fuels process automation and provides value for all actors in the supply chain.Yesterday, they have successfully tracked and instantly financed a shipping container and the Proof of Concept (PoC) phase is complete.

01 Jul 2019

Austal Christens USS Oakland

Photo: Austal

Austal USA hosted the christening of the future USS Oakland (LCS 24). This is the first of three U.S. Navy ships to be christened at Austal’s state-of-the-art ship manufacturing facility in 2019.Oakland is the 12th of 19 Independence-variant littoral combat ships (LCSs) Austal USA has under contract with the U.S. Navy. The ship’s sponsor, Kate Brandt, a recipient of the Distinguished Public Service Award, the highest award the U.S. Navy can give to a civilian, headlined the group of officials…

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…

28 Jun 2019

Seaspan Delivers Canada's First OFSV

CEO Mark Lamarre and CPO John McCarthy of Seaspan Shipyards with Canadian Coast Guard officials. Photo: Seaspan

Seaspan Shipyards has delivered Canada's first new Offshore Fisheries Science Vessels (OFSV), the CCGS Sir John Franklin, to the Canadian Coast Guard (Coast Guard).An official handover ceremony took place aboard the vessel attended by the Minister of Fisheries, Oceans and the Canadian Coast Guard, senior officials from the Coast Guard, Seaspan and supply chain partners.The delivery of the first OFSV is the culmination of years of work by hundreds of dedicated Seaspan employees…

28 Jun 2019

Bahri Orders First VLCCs from IMI

Photo: Bahri

Bahri, the world's largest owner and operator of very large crude carriers, has signed a Memorandum of Understanding (MoU) to build its first very large crude carrier (VLCC) at the International Maritime Industries (IMI) yard in Saudi Arabia.The agreement signed with IMI and Hyundai Heavy Industries (HHI), one of the partners in IMI, sees Bahri committing the new mega-shipyard its first order before the end of July 2019.Following the placing of the order, IMI will engage HHI as a sub-contractor to build the vessel in South Korea.

27 Jun 2019

SSA Appoints First-Ever Female President

Ms. Caroline Yang, Chief Executive of Hong Lam Marine, is the first female President in SSA’s 34 years’ history. Photo: SSA

Caroline Yang, chief executive of bunker tanker company Hong Lam Marine, has been appointed as the first-ever female president of the Singapore Shipping Association (SSA) since its founding in 1985.The industry voice of Singapore’s maritime community elected Ms. Caroline Yang, Chief Executive of Hong Lam Marine, as the association’s President at SSA’s 23rd Annual General Meeting (AGM) held on 26 June 2019.Ms. Yang started her career with Hong Lam Marine as their in-house counsel in 1991, and has more than 25 years’ experience in the shipping industry.As President of SSA, Ms.

26 Jun 2019

Oman Shipping Orders 3 VLCCs at DSME

Photo: Oman Shipping Company

Oman Shipping Company (OSC), a member of the ASYAD Group, has signed an agreement for the construction of three very large crude carriers (VLCCs) with South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME).The triple 300,000 dwt vessels are expected for delivery during the first quarter of 2020. OSC will charter out the vessels to oil majors under long-term contracts.OSC said the three 300,000 dwt VLCCs were part of OSC’s fleet renewal plan and long term contracts with…

26 Jun 2019

New Profile for The Shipbuilding Sector in Liguria

Pursuant to the agreement signed last year between Fincantieri, the Liguria Region and the trade unions Cgil, Cisl and Uil, aimed at carrying out a series of initiatives to encourage job placement processes, the offer of the courses of the technical institutes of higher education for next autumn is to be extended.In fact, a new educational pathway meeting the employment needs of the shipbuilding sector will start in Liguria at the Accademia della Marina Mercantile (the Merchant Navy Academy). The Regional Council, following the proposal of the Councilor Cavo, has approved the scheduling of the post-high school diploma specialization course “Foreman for production and maintenance of ships and/or related infrastructures”…

26 Jun 2019

Shipping Giants May Miss Climate Targets


© Kalyakan/Adobe Stock

A new report says shipping companies failing to push for the critical technologies required to reduce their carbon footprint, such as emission-free ships.CDP, an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, said that the world’s shipping heavyweights are not investing in key technologies to reduce their carbon footprint, with the sector at risk of not meeting the International Maritime Organization’s (IMO) targets to…

25 Jun 2019

Over 1,650 Cadets Graduate from American Maritime Academies

One of seven U.S. maritime academies, the Massachusetts Maritime Academy’s picturesque campus in Buzzards Bay has sent thousands of mariners into the global maritime workplace since its inception in 1891. CREDIT: MMA

The American Maritime Partnership (AMP) — the voice of the domestic maritime industry — congratulates the more than 1,650 young men and women who have graduated from the seven U.S. maritime academies this Spring. Applauding them for their dedication and commitment to pursuing a career that supports our nation  in times of both peace and war, AMP is proud to welcome a new generation to the workforce. Generations of retirement have created a shortage of mariners, making this and future classes of cadets all the more important.“A strong U.

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