Marine Link
Wednesday, July 18, 2018

Western European News

MSC transfers activities in port of Antwerp to Deurganck dock

Port of Antwerp

The MSC shipping company is to consolidate all its activities in the port of Antwerp in the Deurganck dock, on the left bank of the Scheldt. The Port Authority board of directors gave the go-ahead for the move on Monday evening. The transfer is necessary in order to permit further expansion by MSC in Antwerp. The shipping company announced at the end of last year that it wished to have a new location below the locks, not only because its present site in the Delwaide dock had reached saturation point but also because of the increasing size of the ships being introduced.

US Oil Exports to India Soar Ahead of Iran Sanctions

© Anatoly Menzhiliy / Adobe Stock

U.S. crude oil exports to India hit a record in June and so far this year are almost double last year's total as the Asian nation's refiners move to replace supplies from Iran and Venezuela in a win for the Trump administration.U.S. President Donald Trump's administration has been pressuring its allies to cut imports of Iranian goods to zero by November and India's shift advances the U.S. administration efforts to use energy to further its political goals.The United States has become a major crude exporter…

North Sea – Hope for Declining Production?

Western Europe will continue to rely on imported Russian gas into the 2020s as mature offshore provinces struggle for growth, while large-scale shale gas extraction looks increasingly unlikely in the medium term, according to Douglas Westwood. Following Moscow’s intervention in Ukraine and the resulting strained diplomatic ties with the West, it remains to be seen if North Sea production can rally to support any drop in gas flow from Russia. With many IOCs planning investment into UK offshore fields through enhanced oil recovery (EOR)…

Damen’s China Yard Expands Build Portfolio

Photo: Damen

The Damen Yichang Shipyard in China, commencing operations in 1999 as a joint venture between Damen Shipyards Group and Sinotrans CSC, has delivered cargo vessels from the Damen portfolio. Now, Damen announces the yard is rolling out an increased portfolio of vessels to a wider market audience. “Over the years we have achieved a good reputation for delivery time, reliability and quality,” said Executive Director at Damen Shipyards Group Hans Voorneveld about the yard on the Yangtze River.

Greek Fleet (Still) Rules

Maran Gas Asclepius

Since ancient times, maritime trade has been a backbone of Greece’s economy with shipping playing the dominant role. Today, it is the second largest contributor to the national economy after tourism. It is the country’s geography with a coastline almost that of the U.S. (including Alaska) in length together with the mountainous nature of the landmass with 85% of Greek population living within 30 miles of the sea, that has been responsible in creating a strong influence on this industry.

PSSA Interactive Display Launched at IMO

Mr. Sekimizu addressed the audience before the official opening saying: "I hope that it will galvanise further efforts to identify and protect more of these special areas throughout the world.” (Photo: IMO)

A new interactive display on Particularly Sensitive Sea Areas (PSSA) has been launched at IMO Headquarters and online at www.pssa.imo.org. A PSSA is an area that needs special protection through action by IMO because of its significance for recognized ecological or socio-economic or scientific reasons and which may be vulnerable to damage by international maritime activities. To date, IMO has designated 14 PSSAs. The new display and website include videos, pictures, maps, and graphic displays…

Europe SECA SOx Emissions Compliance: 'Musketeer Agreement'

Exhaust gas emission offender: File photo

The Danish Mariime Authority (DMA) informs that a number of North Western European countries have made a commitment in Copenhagen to cooperate on making the control of ships’ sulphur emissions more efficient. The DMA describes the various countries' commitment as being an 'international musketeer' agreement [readers will call to mind Alexander Dumas's three musketeers and their "All for One and One for All" vow]. The background for the meeting was the new, stricter sulphur requirements that take effect on 1 January 2015.

Boatbuilding in China

Xin Yue Feng Shipyard’s Chairman Luo Chaoneng with a pair of AHTs.

While much of the focus on coverage of the Chinese shipbuilding industry is on big shipbuilding, Maritime Reporter switches gears this month to explore activities in select boatbuilding sectors. The Damen boatbuilding name is ubiquitous around the world, and China is certainly no exeception. The Damen Yichang Shipyard in China started ops in 1999 as a JV between Damen Shipyards Group and Sinotrans CSC, focused on building cargo vessels from the Dutch company’s portfolio. Recently Damen said it intends to broaden the market audience courtesy of an increased portfolio of vessels from the yard…

Euronext Says Working on Black Sea Wheat Futures

The rising influence of Black Sea markets on world prices prompted Euronext to start working on developing futures contract that would allow price hedging in one of the world's largest export zones for the grain, it said on Friday. Production swings in the Black Sea and European Union have become the main drivers of world wheat prices to the detriment of Chicago futures as U.S. farmers increasingly turned to corn and soybean crops, analysts and traders said. "Having assessed the long-standing need for a proper price-setting mechanism in that production zone, we are now engaged in a serious reflection about a careful design," Euronext head of commodities Olivier Raevel told Reuters at the Cereals Europe conference in Geneva.

Spending On Transport Infrastructure

Transport infrastructure is a vital social and economic asset. Its construction and maintenance absorb significant resources while decisions on infrastructure have impacts that last for decades. The report Spending on Transport Infrastructure 1995-2011: Trends, Policies, Data and a related database have been released by the International Transport Forum at the OECD. The 2013 edition of the Forum’s annual statistics update presents aggregate trends in inland transport infrastructure investment and maintenance since 1995 and provides data on road, rail, inland waterway, sea port and airport spending for the International Transport Forum member countries for the period 1995-2011. Investment as a percentage of GDP has remained at around 1% since 1995 in the OECD.

AIDAprima Makes Maiden Call at Southampton

AIDAprima (Photo: AIDA Cruises)

AIDA Cruises’ new flagship AIDAprima docked in Britain’s Southampton port for the first time on the morning of April 27, 2016, as part of a four-day short cruise. AIDAprima will become the first cruise ship to depart from a German port all year round, from May 3 onwards visiting Southampton on Mondays as part of seven-day cruises to Western European cities from Hamburg. From April 30, 2016 Hamburg will be the departure and arrival port for seven-day round trips to cities such as London, Paris, Brussels and Amsterdam.

LNG Capital Expenditure

Michelle Gomez joined DW’s Singapore Office as a researcher, undertaking research and analysis for publications and projects. As the lead author of the ‘The World LNG Market Forecast 2013-2017’, Michelle has drawn on her project experience covering the international gas markets and LNG Capex trend analysis.

A strong continuation in the recovery of LNG expenditure is underway worldwide, driven by a growing demand for natural gas. The new eighth edition of Douglas-Westwood’s (DW) World LNG Market Forecast expects that global capital expenditure (Capex) will total nearly $228B during the 2013-2017 period. The surge includes capital expenditure on base-load onshore and offshore fixed LNG liquefaction, LNG carriers and LNG regasification, via both onshore and offshore fixed import terminals.

Severe Weather Expected to Delay Voyages in Western Europe

A very intense low is moving northeastwards over British Isles on October 28 and causing severe weather conditions in the area between Cape Finisterre and Ireland. Expect Storm (perhaps Violent Storm) and sign sea 7-10 meters, maximum wave height around 15 meters October 27-28. In English Channel and in North Sea also risk Storm and high sea. Be prepared for some delayed voyages in western European waters

Hamburg Cruise Port Marks 500,000 Passengers

f.l.t.r.: Nadine Palatz (Hamburg Cruise Center e.V.), Anja Tabarelli (Cunard Line), Ivar Hammerbeck (500.001st guest), Senator Frank Horch (Senator of the Ministry for Economic, Transport and Innovation Affairs) und Dr. Stefan Behn (Hamburg Cruise Center e.V.).

The Hamburg Cruise Port said it reached the 500,000 passenger mark in a single season. The port anticipates further growth forecast for 2014, with the 200th ship in sight. “The visit by the Queen Mary 2 to Hamburg on November6, 2013 will go down in the annals of Hamburg’s cruise industry and become an unforgettable ship’s call for everyone concerned,” said Frank Horch, Senator of the Ministry for Economic, Transport and Innovation Affairs. The visit was not only the 168th call of the current season but also marked the arrival of the 500,000th cruise guest in the city.

Carnival to Update Entire Fleet's Internet Service

Photo courtesy of Carnival

WiFi@Sea high-speed network will combine land-based systems and advanced satellite connectivity designed to give passengers faster, more stable and powerful internet service at sea. With connectivity speeds that can be roughly 10 times faster than ever before, passengers will be able to share their cruise experience via Internet, email and social media in real time. Carnival Corporation & plc has unveiled a hybrid wireless network – a high-speed service to eventually be rolled out to all 101 of its ships on all nine of its brands.

Modern Technology’s Answer to the Ghost Ship

A Russian cruise ship, the Lyubov Orlova, allegedly adrift on the Atlantic Ocean since last year, is a haunting reminder of the present dangers that can afflict our shores. The 328-ft, 1,565-ton cruise liner was being towed down to the Dominican Republic to be sold for scrap metal from Canada when a storm caused the line to break, sending the floating catastrophe on an unplanned, perilous journey into the unknown waters. The Lyubov Orlova, it is believed now by Western European authorities to have sunk to the bottom of the Atlantic, but earlier last week reports surfaced that this boat was on a crash course to the British Isles with cannibalistic, diseased rats on board. This spooky phenomenon is hardly the first account of a “Ghost Ship” being reported.

Middle East Grain Buyers Avoid Ukraine, Import Bills Could Rise

Turmoil in Ukraine is driving Middle Eastern grain buyers to shy away from striking new deals there and to consider rival suppliers, a shift that is likely to push up import bills. The Black Sea region, mostly Ukraine and Russia, has become the major source of wheat and barley for Middle East importers from Libya, Egypt and Syria to Saudi Arabia and Yemen, dislodging U.S., Canadian and European suppliers who once dominated the market. Middle Eastern commodities traders and officials said fears that tensions between Russia and Ukraine could come to a head, however, are discouraging most buyers from striking deals with Ukraine suppliers for the new season, which starts in July. "At this time of the year, end of March, people are selling forward contracts for the new crop.

Middle East Grain Buyers Avoid Ukraine, Import Bills Could Rise

Turmoil in Ukraine is driving Middle Eastern grain buyers to shy away from striking new deals there and to consider rival suppliers, a shift that is likely to push up import bills. The Black Sea region, mostly Ukraine and Russia, has become the major source of wheat and barley for Middle East importers from Libya, Egypt and Syria to Saudi Arabia and Yemen, dislodging U.S., Canadian and European suppliers who once dominated the market. Middle Eastern commodities traders and officials said fears that tensions between Russia and Ukraine could come to a head, however, are discouraging most buyers from striking deals with Ukraine suppliers for the new season, which starts in July. "At this time of the year, end of March, people are selling forward contracts for the new crop.

Nordic Tankers joins forces with Borealis Maritime

NordicMarianne. Photo: Nordic Tankers A/S

Nordic Tankers and Borealis Maritime Ltd has announced the intention to form a jointly held company, Crystal Nordic A/S – a strong player in the short-sea, ice class chemical tanker trade in the Baltic and North-Western European market. Crystal Nordic A/S will be owned on a 50/50 basis by Nordic Tankers and Embarcadero Maritime (Borealis Maritime). The new company will take over the respective ice classed stainless chemical tankers businesses from its owners, which currently operate under the Nordic Tankers and Crystal Pool trade names.

Stolt-Nielsen Reports "Disappointing" Q1 Results

Photo: Stolt-Nielsen

Stolt-Nielsen Limited today reported unaudited results for the first quarter ended February 28, 2014, which included lower cargo volumes and down profits in most markets. Net profit attributable to shareholders in the first quarter was $18.6 million, with revenue of $516.7 million, compared with $36.7 million, with revenue of $524.5 million, respectively, in the fourth quarter of 2013, the company said. Commenting on the company's results, Niels G. Stolt-Nielsen, Chief Executive Officer of Stolt-Nielsen Limited…

Wood Group Expands into Slovakia

Wood Group Mustang provides award-winning services to the global energy industry Photo Wood Group

Wood Group has expanded into Slovakia, opening an office in Bratislava that The Automated Technology Group, a Wood Group Mustang company, will use to support automation projects in Slovakia and the surrounding region. "Proximity to Western European markets, a skilled labour force and a high number of university research facilities have resulted in an influx of high-tech and automotive multinational corporations to Slovakia in recent years," explained Mark House, president, Wood Group Mustang Automation and Control.

31st Edition of Cruise Shipping Miami

Cruise Industry

Cruise Shipping Miami 2015 is gearing up to offer the most comprehensive and robust roster of panel discussions featuring the industry's most knowledgeable and experienced executives. The panels will be grouped under several broad themes based on industry trends during the four-day conference. The 31st edition of Cruise Shipping Miami is scheduled for March 16-19 at the Miami Beach Convention Center. Organized by UBM Connect, thematic topics include The Geography of Cruise Tourism, Safety and Ship Operations, Market Segments and Cruise Product Development.

Norway: Seeking Lead on Battery Powered Vessels

Viking Lady

The Norwegian shipping industry is teaming up and has taken a leading role in developing battery-powered ships. The first four hybrid vessels will start to sail in 2013/14. In 2015, they will be followed by the world largest fully electric ferry, which will regularly cross Norway’s largest fjord. Some 120 managers representing the entire maritime cluster were gathered at a DNV seminar last week. “15 years ago, the Norwegian cluster was looking into opportunities for gas-fuelled ships. Today, Norway is the front-runner when it comes to LNG-fuelled ships.

Maritime Reporter Magazine Cover Jul 2018 - Marine Communications Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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