CMA CGM Buys Stake in CSP Zeebrugge Terminal
French container carrier CMA CGM announced Friday it has acquired from CHINA SHIPPING Ports Development Co. Limited, a wholly-owned subsidiary of COSCO Group, a 10 percent equity interest in CSP Zeebrugge Terminal NV, through its wholly-owned subsidiary CMA Terminals.CMA CGM is currently the major client of the Belgian container terminal and accounted for one third of CSP Zeebrugge's total throughput in 2017.COSCO SHIPPING Ports completed the acquisition of the remaining 76 percent…
Shanghai Lingang Invests in Zeebrugge Port
Chinese investment by the Shanghai Lingang Overseas Development in the port of Zeebrugge was officially signed in Brussels by Liu Jiaping, Chairman of Lingang, and Coens Joachim, CEO of Port of Zeebrugge.The agreement was signed in the presence of the prime minister of the People’s Republic of China, Ki Keqiang, and the prime minister of Belgium, Charles Michel.Port of Zeebrugge already announced the investment by the Chinese group Lingang in the Maritime Logistic Zone to establish a service and distribution park.
Cudós Tapped to Lead Engineering and Construction for SENER
SENER appointed Jorge Sendagorta Cudós to be head of the Engineering and Construction area. He was, until now, the country manager of SENER in Mexico. SENER's Engineering and Construction area, which will be managed by Cudós, comprises three Business Units: Infrastructure and Transport; Renewables, Power, Oil & Gas; and Marine. It has branches in Algeria, Argentina, Brazil, Canada, Colombia, South Korea, Chile, China, United Arab Emirates, Spain, USA, Morocco, Mexico, Portugal, UK, and South Africa.Cudós joined SENER in October 2012 in the energy sector.
Cosco Shipping Ports Net Profit Soars by 70.1% for H1 2018
Cosco Shipping Ports (CSP), one of the world’s largest container terminal operators, said despite the the US-China trade war, as it posted a 70.1 percent jump in adjusted profit for the first six months ended 30 June 2018."2018 is a year full of challenges. Sino-US trade frictions, the rise of trade protectionism, geopolitical uncertainties and the upward trend of interest rates have the potential to place serious pressure on the development of global trade. Despite all these uncertainties…
New Tug Named ‘Southampton’
On September 13, 2018, a Damen-built tug for Kotug Smit Towage was named ‘Southampton’ at a ceremony in the Port of Zeebrugge.Kotug Smit Towage has taken four newly-built Damen tugs into service for its European harbour towage activities, in 2017 and 2018. One of this quartet, the ‘Southampton’ is currently operating in the Port of Zeebrugge.‘Southampton’ is an ASD Tug 2913 and has a bollard pull in excess of 80 tonnes. The naming ceremony of the tug ‘Southampton’ was performed by Lady Sponsor Mrs. Ariane Labargue, the spouse of Mr. Rik Goetinck, Vice President of the Port of Zeebrugge (MBZ).
Kotug Smit Towage Takes Four Damen Tugs into Service
Kotug Smit Towage has taken four newly-built Damen tugs into service for its European harbour towage activities, in 2017 and 2018. One of this quartet, the Southampton is currently operating in the Port of Zeebrugge.The Southampton is an ASD Tug 2913 and has a bollard pull in excess of 80 tonnes. The tug is renowned for its manoeuvrability and environmentally efficient performance. The naming ceremony of the tug Southampton was performed by Lady Sponsor Mrs. Ariane Labargue, the spouse of Mr.
New Fuel Rules Push Shipowners to Go Green with LNG
Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refueling facilities in the shipping industry's biggest shake-up in decades.From 2020, International Maritime Organization rules will ban ships from using fuels with a sulphur content above 0.5 percent, compared with 3.5 percent now, unless they are equipped to clean up sulphur emissions. This will be enforced…
UK's PD Ports Rolls-out Second Teesport Rail Link to Scotland
Middlesbrough, UK headquartered PD Ports has launched a second rail service connecting Teesport direct with Scotland opening up further opportunities to connect global importers and exporters with the north of the UK.The new service, operated by DB Cargo, will run five days a week from the quayside at Teesport to PD Stirling Terminal at Mossend in Glasgow. The timings of the service operate in direct connection with the P&O Ferries service calling daily at Teesport from Zeebrugge and Rotterdam…
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.
ECSA, UK Chamber Urge Speedy Brexit Trade Negotiations
The European Community Shipowners’ Associations (ECSA), of which the UK Chamber is a member, have sent a letter to the EU’s chief negotiator Michel Barnier, urging the EU for “rapid and positive” progress in trade talks with the UK. The European Council is currently engaged in a key vote on whether the next stage of negotiations will commence. ECSA represents shipowners from both sides of the Channel – organisations that facilitate a sizeable chunk of the €639 billion of trade that flows between the UK and EU annually.
The Top 10 Ships of 2017
Maritime Reporter & Engineering News, published since 1939, annually prints details on the world’s “Great Ships of the Year.” Here we rank from those selected in the December 2017 edition the top 10 ships of the year, according to the editors. Builder: Shanghai Zhenhua Heavy Industries Co. Builder: Hanjin Heavy Industries & Construction Co. USS Gerald R. Ford: first-of-class aircraft carrier for the U.S. Owner: U.S. Christoph de Margerie: the world’s first icebreaking LNG carrier. Builder: Daewoo Shipbuilding & Marine Engineering Co.
Ocean Alliance Launches Day Two Product
The Ocean Alliance has launched its new Day Two Product with an estimated 3.6 million TEU carrying capacity provided by approximately 340 containerships deployed on 41 services. The new offering will commence in April 2018. Alliance partners CMA CGM, COSCO, Evergreen and OOCL will offer 20 Transpacific services, six Asia-Europe services, four Asia-Mediterranean services, four Transatlantic services, five Asia-Middle East services and two Asia-Red Sea services. “Ocean Alliance…
COSCO Shipping Ports, CMA CGM Ink Concession Deal with Zeebrugge Port
COSCO Shipping Ports , the world’s leading port operator, announced a signing ceremony was held today with Port of Zeebrugge in Brussels of Belgium for the concession terms of CSP Zeebrugge Terminal. The event also witnessed the signing of a Memorandum of Understanding (MoU) between the Company and CMA CGM Group, the Marseille based world’s leading shipping company and member of Ocean Alliance, for CMA’s initial investment of 10% in CSP Zeebrugge. Kris Peeters, Vice Prime Minister and Minister for Work…
EDF Offers Long-term LNG Regas Capacity at Dunkirk Terminal
Electricite de France (EDF) has offered up to three billion cubic metres of annual regasification capacity at the Dunkirk liquefied natural gas (LNG) import terminal for 18 years from Jan. 1, 2019, it said in a market notice. The terminal's remaining 10 bcm/year capacity has already been booked by shippers, EDF said. Long-term capacity is offered on a ship-or-pay basis. Subscribers will acquire firm rights to slots, LNG storage and send-out capacity, as well as the ability to re-load imported LNG for onward export.
Port of Antwerp Looking for Full-Time Representative in the UK
The port of Antwerp has decided to appoint a full-time representative in the UK, based in London, in order to keep in closer touch with the economic situation there now that Brexit is looming closer. "Antwerp Port Authority is now in search of a full-time representative to further raise Antwerp’s profile on the British market," said a press statement from the company. Attracting additional sources of trade and cargo will also form part of the new port representative’s job. With an annual freight volume of nearly 14 million tonnes (2017)…
Wallenius Wilhelmsen Logistics Doubles Footprint in Port of Zeebrugge
Wallenius Wilhelmsen Logistics has signed a concession agreement with the Port of Zeebrugge to develop 49 hectares of land known as the Bastenaken West property located in the inner port. With this concession, in place until 2043, the company will nearly double its terminal footprint. WWL will invest about USD 20 million during the next two to three years. “The agreement marks the next step in WWL’s long-term commitment to the Port of Zeebrugge, the largest RoRo port in the world…
Rotterdam Cruise Season Opens with Arrival of AIDAperla
Rotterdam’s cruise season starts on 15 March. AIDAperla will arrive for the first time at the Cruiseport Holland Amerikakade at 08.00 hours on that day. The vessel replaces the AIDAprima. AIDAperia was taken into operation in 2017 and is a sister vessel of AIDAprima. Only the interior differs from the Prima. The vessel will also sail weekly between Hamburg, Southampton, Le Havre, Zeebrugge (Brussels) and Rotterdam. Until November, AIDAperla can be admired on the Wilhelminapier every Thursday.
Port of Gothenburg: Sustained Growth in Ro-Ro Operations
Ro-ro operations at the Port of Gothenburg are looking bright, with sustained growth three years in succession. There has been an increase of 10 per cent over the past year alone, with the number of units currently standing at 593,000. But there is still potential to raise the bar even further by switching a higher proportion of freight from Norway to Gothenburg from land to sea. It is hoped that closer collaboration between the ports in Hirtshals, Kristiansand, Larvik, Grenland…
British Ports Association Calls for ‘Frictionless’ Brexit
The British Ports Association has published a new strategic report - ‘A Brexit Dividend’, which calls on the UK Government to deliver on the Prime Minister’s pledge of ‘frictionless’ trade after Brexit. Following Monday's (March 19) agreement between UK and EU negotiators on the terms of a transition deal and ahead of the EU Council meeting later this week, the British Ports Association has published ‘A Brexit Dividend’. Ports are calling for a pragmatic deal with the EU on both…
COSCO Shipping Ports More than Doubled Profit in 2017
Hong Kong-based port operator COSCO Shipping Ports said that it 2017 profits have more than doubled from a year earlier, partly due to a one-off disposal gain and higher operating profits. The subsidiary and listed company of China COSCO owned by COSCO Group said that its profit reached USD 512.4 million in 2017, representing an increase of 107.4 pct compared with 2016 when the profit stood at USD 247 million. The firm's full year revenue rose 14% to US$634.7 million. Benefitting from the economic recovery and with growth fueled by its acquisitions…
World's Largest Short Sea Ro-Ro Vessel Named in Dublin
MV Celine, the world’s largest short sea Ro-Ro ship, will today be christened in a ceremony at Dublin Port with guest of honour, An Taoiseach, Leo Varadkar TD, Godmother to the new ship, Geraldine O’Reilly, and the port’s chaplains. The formal ceremony is a long-held tradition intended to bring good fortune to the ship and involves breaking a champagne bottle against the hull as the ship is christened. To mark today’s occasion, new Irish music commissioned by Dublin Port and performed by John Sheahan of the Dubliners and Colm Mac Con Iomaire of the Frames will premiere at the ceremony…
Fluxys to Add a Permanent LNG Bunkering Facility in Antwerp
Fluxys has taken over the concession in the port of Antwerp at quay 526-528 to make liquefied natural gas (LNG) available as an alternative fuel for ships and barges, in one of the Port Authority's key initiatives to make the port's activities more sustainable. Fluxys will add a permanent LNG bunkering facility by the end of next year to complement the existing mobile (truck-to-ship) bunkering service. For ships and heavy duty trucks LNG is the ideal alternative in the transition to lower greenhouse gas emissions and better air quality.
First LNG Transhipment at Zeebrugge Terminal
For the first time liquefied natural gas from Sabetta on the Siberian peninsula Yamal, was transhipped simultaneously in Zeebrugge from an ice class vessel (ARC7) into a conventional LNG carrier for further transport to Asia on May 01 Tuesday. The Russian ice class vessel ms Eduard Toll transfered simutaneously LNG into the ms Pskov via shore pipes. The operation takes place at quays 615 and 616 of the Fluxys terminal in the outer port. In 2015 the terminal of Fluxys was selected as transhipment hub for liquefied Siberian natural gas from the Yamal gasfield.