Eastland Port Posts Strong 2018
The commercial shipping port in New Zealand, Eastland Port achieved an annual tonnage throughput of just under 2.9 million tonnes of cargo in the year to March 2019, slightly down on last year’s record-breaking result.“The 12-month period was another very strong year for throughput at Eastland Port with vessels taking this district’s export product to South Korea, Japan, China, and Singapore,” says general manager Andrew Gaddum.In the year to 31 March 2019, 140 ships handled 2,956,071 tonnes of cargo at Eastland Port.
ESPO Hails EU's Call for $38bln Transport Budget
The European Seaports Organisation (ESPO) said it strongly supports the European Parliament’s call for an increased transport budget of EUR33.5 bn ($38bln).The budget proposed by the European Commission is insufficient to complete the TEN-T network and to invest in a safe, modern and sustainable transport network. Moreover, ESPO believes the proposed EUR10 bn transfer from the Cohesion Fund to Council on the future Connecting Europe Facility (CEF II) should be safeguarded. ESPO…
Polaris Refuels in Finland
World’s first liquefied natural gas (LNG) icebreaker Polaris refueled for the first time at the Nordic countries’ largest LNG terminal in Tornio in the icy Röyttä Harbour.As of yet, LNG is the world’s most environmentally friendly ship fuel. It does not contain sulphur, and its combustion generates approximately 87% less nitrogen oxides in comparison to regularly used Marine Diesel Oil (MDO). Furthermore, LNG’s particulate matter emissions are nearly non-existent.From the outset…
UNCTAD Calls on Ports to Address Climate Change
About 80% of world trade is carried by sea, but the maritime industry handling these goods is on the frontline of climate woes, unless it adapts - fast.United Nations Conference on Trade and Development (UNCTAD) said that the transformation is needed if the world trade system is to cope with the projected impacts of climate change.“The hardest hit areas, coastlines, will affect us all since the lion’s share of trade itself is managed through international shipping and ports,” said UNCTAD’s chief of policy and legislation…
HyperloopTT, Hamburg Port Operator in Shipping JV
Port of Hamburg terminal operator Hamburger Hafen und Logistik Aktiengesellschaft (HHLA) joined force with Hyperloop Transportation Technologies (HyperloopTT/HTT) to form a new company.According to a press release from HTT, the company will focus on integrating the latest container movement innovations with hyperloop technology into the largest rail port in Europe. Additionally, the new company will bring this new technology to ports, shipping, and logistics companies around the…
Finnish Transport Agency Issues Winter Navigation Guidelines
The Finnish Transport Agency (FTA), which will become the Finnish Transport Infrastructure Agency (FTIA) on 1 January 2019, has issued updated instructions for winter navigation.The instructions for winter navigation have been created in collaboration with the industry, shipping companies, charterers, vessels, icebreakers, pilots and vessel traffic services.In accordance with Finland’s maritime strategy 2014–2022, the objective of these instructions is to ensure smooth, economically…
MTCC Expands Tech Centres to Address Maritime Emissions
The global network of Maritime Technology Cooperation Centres (MTCC ) is expanding with a number of branch offices and becoming an integral player in implementing International Maritime Organization (IMO)’s initial strategy on the reduction of GHG emissions from ships. This is especially true when it comes to capacity building, technical cooperation and R&D, said a press release form the United Nations agency.A 250-strong crowd attended the MTCC-Africa side-event on Capacity Building for Climate Mitigation in the Maritime Shipping Industry (27 November)…
BMT Introduces New Water Taxi Designs
BMT has introduced new vessel designs in response to a tender issued by Hong Kong’s Transport Department.Addressing a need to support the development of domestic passenger ferry services in Hong Kong, the new hybrid Eco Ferry and a smaller, nimble 14 passenger harbor craft have been designed for on-demand and ad-hoc trips, both of which could enable passengers to experience faster, smoother, and more fuel-efficient transits across Hong Kong’s Victoria Harbor.Richard Colwill, Regional Managing Director at BMT…
Kitack Lim Calls for Safe Ship Navigation
International Maritime Organization (IMO) Secretary-General Kitack Lim has highlighted the important link between safe ship navigation and sustainability. Speaking at the International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA) Conference in Incheon, Republic of Korea (27 May), Lim addressed the theme: 'Successful voyages, Sustainable planet – A New Era for Marine Aids to Navigation in a Connected World'. He emphasized that safe shipping is essential to the world – that by providing improved access to basic materials…
Kenya Hosts National Maritime Transport Policy Training
The National Maritime Transport Policy concept is being promoted by International Maritime Organization (IMO) as a good governance practice to guide planning, decision making and legislation in the maritime sector. It can also be a key driver for a country's sustainable development, particularly when it comes to the “blue economy”. Officials in Kenya are participating in a workshop in Kilifi, Kenya (9-11 May), to gain knowledge and understanding of the development and content of a National Maritime Transport Policy.
European Sea Ports Organisation Seeks Support for Connecting Europe Facility
The European Commission (EC) proposal for the Multi Annual Financial Framework 2021-2027 adopted on Wednesday 2 May reserves a similar budget for the Connecting Europe Facility (CEF), the financial instrument for Transport, in the current financial period. The proposal foresees 12,8 billion EUR under the general envelope, 11,3 billion EUR for transport projects in Cohesion countries and a new envelope of 6,5 billion EUR for investments in transport infrastructure for dual civilian-military use.
Caledonian Maritime Assets Buys Three Ferries
A deal has been agreed for the three passenger ferries serving the Northern Isles to be purchased outright by Caledonian Maritime Assets Ltd (CMAL) with loan funding from the Scottish Government. The MV Hamnavoe, MV Hrossey and MV Hjaltland, which have previously been leased from Royal Bank of Scotland, will be taken into CMAL ownership. An 18 month extension to the current Northern Isles Ferry Services contract has also been agreed to allow further progress to be made with the ongoing review of procurement policy.
Africa’s Ports Can Accelerate Growth: PWC
Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are gateways for 80% of merchandise trade by volume and 70% by value. Investment in ports and their related transport infrastructure to advance trade and promote overall economic development and growth is therefore vital – particularly in emerging economies that are currently under-served by modern transportation facilities. However, port investment must be channelled appropriately to ensure financial sustainability and economic growth.
British Ports Association Sets Priorities for 2018
The Chief Executive of the British Ports Association (BPA), Richard Ballantyne, has outlined the Association’s key priorities for 2018. These include continued interaction and influencing on the Brexit discussions, promotion of planning and freight policy reform, calls for increased transport connectivity investment and the rectification of the ‘definition of a ship’ legal anomaly. Discussions with the various parts of Westminster and the Devolved Governments on Brexit will continue to be a major feature for the ports industry this year.
European Ports Welcome a Stronger CEF Budget
The Transport Committee (TRAN) of the European Parliament voted its opinion on the Multi-Annual financial Framework after 2020 (Marinescu report). The Transport MEPs voted in favour of an updated and more effective Connecting Europe Facility (CEF). They have asked for an increased financing to cover all transport modes. They have further stressed that the investment in Transport infrastructure is an investment in long-term growth and jobs. When it comes to ports, the European Parliament’s transport committee recalls that ports function as gateways to trade…
LNG Bunkering to Grow at CAGR of 62.5% to reach USD 24.684 bln in 2023
The global LNG bunkering market is expected to witness a CAGR of 62.5%, and is projected to reach USD 24684.7 million by 2023, said a report by Energias Market Research. The key factors driving the growth of LNG bunkering market are increase in LNG demand in order to reduce the carbon footprint in the shipping industry stringent international emission policy, the best cost-effective alternative fuel and significant rise in government initiatives supporting LNG adoption. LNG Bunkering is the practice of providing liquefied natural gas fuel to a ship for its own consumption.
Investment Plans for Europe Transport
To complete the Trans European (TEN-T) Network, 750 billion euros is still needed. 30 European transport associations, representing infrastructure managers, operators, local authorities, users and equipment suppliers in the maritime, inland waterways, railways, road, cycling, aviation and intermodal sectors, call for strong financial support for the completion of the network. European citizens and customers require safer, ever more secure, reliable, efficient, green, multimodal and smart mobility but also better connectivity between nodes and modes of transport.
IUMI: Offshore Energy Insurance Market “Sinking”
At annual IUMI (International Union of Marine Insurance) conference in Tokyo, James McDonald, chairman of IUMI’s Offshore Energy Committee warned that the sector was “sinking”. His warning was based on declining total premium income set alongside upstream energy large losses for 2015-16 of USD 4.8 billion. McDonald explained: “In recent years it would appear that claims have exceeded the global premium base and the last two underwriting years have seen significant losses. The…
Jamaica, Malta Accede to BWMC
Jamaica and Malta have become the latest States to sign up to International Maritime Organization (IMO)'s Ballast Water Management Convention – the international treaty requiring ships to manage their ballast water to help stop the spread of invasive aquatic species across the globe. The Convention entered into force earlier this month (8 September) and a total of 65 signatories now represent 73.92% of the world's merchant fleet tonnage. Jamaica's Minister of Foreign Affairs and Trade…
Wight Shipyard Delivers Ferries for London
Sydney has its Harbour Ferries, Hong Kong its Star Ferries and New York the instantly recognizable Staten Island Ferries. Add to that list London, for increasingly the fleet of MBNA Thames Clippers is becoming as identifiable with the British capital as its famous red double decker buses. Wight Shipyard Company has delivered to MBNA Thames Clippers the latest, most technically advanced and energy efficient fast ferries in the expanding London fleet; the 35 meter low wash catamarans Mercury Clipper and Jupiter Clipper.
DP World to Develop SEZ om Aktau, Kazakhstan
Global trade enabler DP World has signed a Memorandum of Understanding (MoU) with the Government of Kazakhstan for the development of a special economic zone in Aktau further boosting trade and logistics in the country. The MoU was signed by DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem and Governor of Mangistau, Akim Alik Aidarbayev in the presence of First Deputy Prime Minister, Askar Mamin. It builds on DP World’s present management advisory services contract with the Port of Aktau, Kazakhstan’s main cargo and bulk terminal on the Caspian Sea.
DP World Reaffirms Commitment to India's Growth
DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem met with the Honourable Prime Minister of India Shri. Narendra Modi at the 8th edition of the Vibrant Gujarat Global Summit held in Ahmedabad, India. Discussions highlighted the immense potential of India’s growing economy and the nation’s maritime and inland trade. New opportunities resulting from the Prime Minister’s programmes such as Invest India, Digital India, Skill India and Made in India were also on the agenda, evidence of the new economic direction of the country. Mr.
UNCTAD: Seaborne Shipments Reach Record
Seaborne shipments passed 10 billion tons for the first time ever in 2015, up 2.1 per cent from 9.8 billion tons the year before, the UNCTAD Review of Maritime Transport 2016 says, noting that this is the slowest pace of growth in the industry since 2009 and that future growth looks uncertain. Shipping carried more than 80 per cent of the world's goods by volume in 2015, and its slow growth reflects sluggish global trade, albeit with variations in the different sectors. Shipping of oil recorded its best performance since 2008, thanks to low oil prices, ample supply and stable demand.