Marine Link
Friday, October 19, 2018

Taiwan News

How Refiners Plan to Grapple With Fuel Oil Output After 2020

© christian42 / Adobe Stock

High-sulphur fuel oil (HSFO), essentially the leftovers of an oil refiner's output, will still flow from refineries around the world even after new rules start up in 2020 curtailing its use in the global shipping fleet, a Reuters survey showed.Sixty percent of the 33 refineries contacted by Reuters in a global survey will still produce HSFO in 2020 although the supply will tighten as 70 percent of these refiners plan to reduce their output.Starting that year, ships will have to use marine fuel…

CMA CGM Founder Jacques Saade Dies at 81

Jacques Saade, founder, CMA CGM. Copyright REA

Mr. Jacques R. Saade, founding president of the CMA CGM Group, died on June 24, 2018 at the age of 81, according to the company. Jacques R. Saadé dedicated his life to CMA CGM. An extraordinary visionary and entrepreneur, he made the group into a world leader in the maritime transport of containers, developing the company in more than 160 countries, while maintaining the family dimension with its values. After having left Lebanon to protect his family for Civil War, Jacques R Saadé founded the Compagnie Maritime d’Affretement (CMA) 40 years ago…

Turi Fiorito to Become New EFIP Director

Turi Fiorito. Photo: ESPO

Turi Fiorito has been appointed as new Director of the European Federation of Inland Ports (EFIP). He will take up his function on 20 August, 2018. Turi Fiorito comes with a solid background in EU policy making and transport, having worked as Transport Policy Advisor for a Dutch Member of the European Parliament, Wim van de Camp. In that capacity, Turi has been working on different port (Port Services Regulation), rail (4th railway package) and inland waterway issues for a number of years.

Kumera AS acquires Helseth AS

Kumera AS  signed an acquisition agreement with Helseth Invest AS. The agreement will integrate CP propeller manufacturer Helseth AS into Kumera AS marine gearbox operations. Kumera AS is a subsidiary of the international gearbox manufacturer Kumera Corporation.According to the company's press release on the matter, the acquisition is seen as an important step in Kumera’s strategy for growth in the marine sector –  enabling Kumera to deliver complete and integrated propulsion packages consisting of propellers, gearboxes and control systems. Kumera and Helseth have also previously worked closely together on various projects. In March 2018 the companies supplied a complete propulsion solution for two SWATHs under construction in Taiwan.

EnBW, Trident Winds JV for Offshore Wind Project in California

Photo: Trident Winds Inc

EnBW Energie Baden-Württemberg AG is continuing its strategy of capturing growth in new international markets in the renewable energy sector. Following its recent entry into Taiwan, EnBW has now expanded its activities to the United States of America by establishing a regional subsidiary, EnBW North America, and forming a joint venture with Trident Winds Inc. to develop an offshore wind project off the coast of in Central California. This represents the EnBW Groups first step toward tapping into the high potential of the American market.

Yang Ming Orders Ten 2,800 TEU Containerships

File Image: Yang Ming Marine Trans

Yang Ming Marine Transport Corp. (Yang Ming) signed a contract with CSBC CORPORATION, TAIWAN (CSBC) for the construction of a total of ten 2,800 TEU class full container vessels. The contract was signed by Yang Ming’s Chairman Bronson Hsieh and CSBC’s Chairman Cheng Wen-Lon.The new ships are due for delivery starting in the second quarter of 2020 and will help to meet the future demand for medium and long-term vessel deployments, and improve competitiveness, Yang Ming said.In the meantime…

Wan Hai Lines Joins INTTRA’s Network

Pic:  Wan Hai Lines

Taiwan shipping company Wan Hai Lines has joined INTTRA, the neutral network, software and information provider at the center of the ocean industry. This addition means INTTRA is now working with the top 12 carriers, said the company.Wan Hai is one of the top intra-Asia carriers based on market share, with that segment representing the largest containerized trade in the world. In addition to offering extensive service network in Asia, Wan Hai has expanded to the U.S., South America, Africa and the Middle East in recent years.

What Can Beijing Do if China-US Trade Row Worsens?

© Dmitry V. Petrenko / Adobe Stock

China and the United States sank into a deepening trade conflict that roiled financial markets Tuesday after U.S. President Donald Trump threatened to impose tariffs on an additional $200 billion of Chinese products, prompting Beijing to accuse Washington of starting a trade war.Trump said Monday his threat was retaliation for China's decision to raise tariffs on $50 billion of U.S. goods over the weekend, a move that itself was in response to additional U.S. tariffs on Chinese…

Chinese Exports Accelerate Even as Trade War Escalates

© krunja / Adobe Stock

China's exports surged more than expected in July despite U.S. duties and its closely watched surplus with the United States remained near record highs, as the world's two major economic powers ramp up a bitter dispute that some fear could derail global growth.In the latest move by President Donald Trump to put pressure on Beijing to negotiate trade concessions, Washington is set to begin collecting 25 percent tariffs on another $16 billion in Chinese goods on Aug. 23.In a statement on its official website late on Wednesday, China's commerce ministry criticised the U.S.

Yang Ming Marine Transport Upgrade China-Indonesia Service

Photo by DNV GL

Taiwanese ocean shipping company  Yang Ming Marine Transport Corp. (YM) will upgrade its China to Indonesia Service (CTI service).Four container vessels of nominal 4,250TEU will be deployed for the service effective on 7th August 2018.They will serve customers not only from Central & South China to/from Jakarta & Surabaya but also provide direct service from Davao to Kaohsiung & China.The CTI service will make a round voyage in 28 days. The rotation of ports of call are: Shanghai–Ningbo–Shekou–Jakarta–Surabaya–Davao–Kaohsiung– Shanghai.

ZIM Annouces New Asia - America Network with 2M

File Photo: ZIM Integrated Shipping Services Ltd

Zim Integrated Shipping Services (ZIM) has announced the new Strategic Partnership Agreement with the 2M alliance, details of the new improved Asia - U.S. East Coast – Asia network that are now available.Nissim Yochai, ZIM EVP Trans Pacific Trade, said: "The new alignment will enable ZIM customers to enjoy the best of both worlds: ZIM’s highly reputed personalized service, along with the best-in-market infrastructure and product.”The new upgraded network includes 5 services under the ZIM+2M cooperation…

Eolfi Appoints Vincent Fromont as New CEO

Image: Eolfi

Eolfi , a French developer specialised in floating wind projects, has appointed Vincent Fromont as Chief Executive Officer. Vincent Fromont, 47, is a senior onshore/offshore oil and gas executive with more than 20 years of experience in the industry.Vincent has various business and operational senior leadership roles, working for market’s leaders such as JGC, Subsea 7 and TechnipFMC, both in France and abroad. Vincent holds a Master’s degree of Technologies and Management from Ecole Centrale de Paris…

Chartwell Unveils New Crew Transfer Vessel Design

(Image: Chartwell Marine)

Chartwell Marine announced the launch of the Chartwell 24, a brand-new crew transfer vessel (CTV) design for the international offshore wind markets. The catamaran design has been developed in conjunction with CTV operators, wind farm owners and turbine manufacturers, responding directly to lessons learnt in the construction and long-term operations & maintenance (O&M) phases of European projects.CTVs continue to play a critical role throughout development and operations. This role has evolved in line with the increasing demands of supporting large-scale deep-water wind farms…

China Navigation Company Opens Vancouver Branch

CNCo Vancouver opening ceremony. From left: Graham Clarke, Founding Chairman, VIMC;  Bruce Ralston, Minister of Jobs, Trade & Technology, British Columbia; Chris Daniells, Commercial Director, CNCo; Bernard Huizenga, General Manager, Corporate Business Development, CNCo Americas. Photo: CNCo

China Navigation Company (CNCo), part of the Swire Group, has expanded its presence in North America by establishing a branch office in Vancouver, Canada.The opening ceremony was graced by Bruce Ralston, Minister of Jobs, Trade & Technology, British Columbia, who unveiled a plaque in the CNCo office located at W Hastings Street.Minister Bruce Ralston said, “The Province recognises the significant contribution that The China Navigation Company makes to the shipping industry worldwide.

New Scholarship Established at SUNY Maritime

(Photo: SUNY Maritime)

Rear Adm. Michael Alfultis, president of SUNY Maritime College, today announced the establishment of the Ruth Mulan Chu Chao and James Si-Cheng Chao Endowed Scholarship Fund as a permanent, need-based scholarship. The scholarship has been funded by Dr. James S.C. Chao, Founder and Honorary Chairman of Foremost Group, and his daughter, Ms. Angela A. Chao, Chairman and CEO of Foremost Group in honor of Dr. Chao and his late wife, Mrs. Ruth Mulan Chu Chao.“The Chao Scholarship will benefit generations of students who are interested in pursuing maritime and engineering studies…

Stena Blue Sky Bags Safety Achievement Award

Photo: Stena Bulk AB

The award was recently given for the professional seamanship and conduct when Stena Blue Sky effected a rescue operation after spotting a fisherman and recovering him from wreckage between the waters of North Korea and Japan 26th October 2017.“Events of this nature are subject to international laws and for us, acting in accordance with these laws is a matter of course. Nevertheless, it is important that attention is drawn to them – in this case, by the Chamber of Shipping of America.

Evergreen Group Celebrates 50th Anniversary

Evergreen Group’s 50th anniversary celebration on September 01 commenced with a performance by the choir of the Yihsing branch of Jiahsing Elementary School, presenting best wishes with their sublime singing.  The choir is a gold medal winner at the 31st Franz Schubert Choir Competition in Vienna. Photo: Evergreen

Evergreen Group celebrated its 50th Anniversary at the Chang Yung-Fa Foundation, home of the charity set-up by Evergreen Group Founder and Chairman Dr. Y.F. Chang, said a press release from the company.In addition to senior executives and employees of the Group’s businesses, the event was also attended by public officials, customers and business agents from both the shipping and airline industries as well as representatives of supply chain partners from more than fifty countries.The…

Twill Replaces Damco with Maersk

Logo: Maersk

Twill, a digital freight forwarder designed to make shipping simple, has announced a change in its brand affiliation from Damco to Maersk.Launched in April 2017, Twill was created as a ‘Damco innovation’ and operated as a partner with the freight forwarder and supply chain management company, which is part of A.P. Moller - Maersk.The realigning of the brand will make it possible to offer Twill to all Maersk customers, in line with the A.P. Moller - Maersk strategy to become a…

OOCL Expands GHG Reporting and Verification Scope

Stephen Ng, Director of Trades of OOCL received the verification certificates from  Piet Mast , Senior Vice President, Regional Marine and Offshore Manager, South Asia, Middle East and Africa of Lloyd‘s Register. Photo: Orient Overseas Container Line

Hong Kong-based container shipping and logistics service company Orient Overseas Container Line (OOCL) said that it has been taking concrete, meaningful and progressive steps in our long-term commitment to protecting the environment and reducing emissions in the communities where it operates by meeting our Greenhouse Gas (GHG) verification targets spanning from Scopes 1 to 3.A press release from OOCL stated: "We are pleased to announce that our GHG Scope 3 reporting and verification…

Hong Kong Grants Licence to Steamship Mutual

Image: Steamship Mutual

Protection and indemnity club Steamship Mutual P&I Club has been given a licence in Hong Kong by Hong Kong Insurance Authority , its third in the Far East after Singapore and Tokyo."Hong Kong Insurance Authority has formally authorised the Club to establish a Branch in Hong Kong from 17 August 2018," said a press statement.Steamship Mutual is the first P&I Club to gain authorisation from the independent statutory authority, which commenced operation in 2017.The Club has maintained a presence in Hong Kong for almost 30 years…

Cargo Ship Loses 83 Containers off Australia

© Graham Flett / MarineTraffic.com

A cargo ship lost 83 containers over-board during heavy seas off Australia and items including nappies and sanitary pads are washing up on beaches while there are fears the ill-fated containers will pose a hazard for shipping and whales.The YM Efficiency, operated by Taiwan shipping company Yang Ming Marine Transport Corporation, was sailing from Taiwan to Sydney when it encountered 5-metre swells in the Tasman Sea, about 30 km off Australia's east coast late on Thursday."They're 40-foot containers, they sit about a foot or two off the water ...

YM Efficiency Docks in Sydney after Losing 83 Containers at Sea

© V. Tonic / MarineTraffic.com

A Taiwan-owned cargo ship docked safely in Sydney on Wednesday after losing 83 containers off the coast of Australia during a massive storm which saw the ship battered by five metre (15 feet) swells.The YM Efficiency limped into Sydney with a container hanging halfway off its side. It had arrived off Sydney four days earlier but was kept out at sea because the city's main port was closed due to bad weather.The challenge for port operators is to unload the remaining 26 damaged…

LNG Trade Grew 10% in 2017 -EIA

© Wojciech Wrzesien / Adobe Stock

Global liquefied natural gas (LNG) trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information Administration (EIA) said on Monday.LNG trade reached 38.2 billion cubic feet per day (bcfd) in 2017, up 3.5 bcfd from 2016 and the largest annual volume increase on record, the EIA said, citing the Annual Report on LNG trade by the International Association of Liquefied Natural Gas Importers (GIIGNL).New liquefaction export capacity commissioned in Australia…

Maritime Reporter Magazine Cover Oct 2018 - Marine Design Annual

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