Friday, 12 October 2018 12:57

ONE and Hapag-Lloyd offering feeder service

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Japanese container line joint venture Ocean Network Express (ONE) and Hapag-Lloyd concluded a bi-lateral feeder agreement that will initially cover trades in intra-Asia and intra-Europe. Under the terms of a “bilateral strategic feeder network cooperation agreement,” the lines will share space on their respective feeder vessels.  Since the reorganization of the alliance structure, Mr Habben Jansen, Hapag-Lloyd CEO has repeatedly said that lines would likely deepen their cooperation beyond the deep-sea trades into feeder, and even possibly in-land haulage, operations. ONE and Hapag-Lloyd are both members of THE Alliance on the long haul trades.

Friday, 12 October 2018 12:54

Panama Canal set record volume

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The Panama Canal closed its 2018 fiscal year with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), representing a 9.5 percent increase from the previous year. With this number, the Panama Canal surpasses the cargo projections of 429.4 million PC/UMS tons for FY 2018, as well as the 403.8 million PC/UMS tons registered in FY 2017.   The increase was driven by the transit of liquefied petroleum gas (LPG) and liquefied natural gas (LNG) carriers, containerships, chemical tankers and vehicle carriers.  Panama Canal said that the main users during the period were the US, China, Mexico, Chile and Japan, while some 62.8 percent of the total cargo transiting the canal had its origin or destination in the United States.

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Tim Wickmann has been appointed as the new Managing Director for the World Shipping Council’s new Asian office to be located in Singapore.  Mr. Wickmann served most recently as CEO of MCC Transport, the Intra Asian arm of Maersk Line, and has worked in various leadership positions in international liner shipping for the last three decades.

Friday, 05 October 2018 14:43

UN sees 4% growth in maritime trade

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The United Nations Conference on Trade and Development’s (UNCTAD) annual Review of Maritime Transport indicates that total maritime trade volumes reached 10.7 billion tons in 2017, an increase of 411 million tons or 4 percent, half of which was dry bulk commodities. A similar 4 percent growth is anticipated this year. Global containerized trade increased by 6.4 percent in 2017. While the liner shipping industry saw further consolidation through mergers and acquisitions and global alliance restructuring. The three global liner shipping alliances that dominate capacity deployed on the three major east–west container routes (the 2M, Ocean Alliance and THE Alliance) collectively account for 93 percent of deployed capacity.

Friday, 05 October 2018 14:38

PIL partners with IBM on blockchain

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Pacific International Lines [PIL], a Singapore-based shipping company announced its collaboration with multinational information technology giant, IBM (Singapore). The partnership is aimed at improving the process of documentation in supply chain management through blockchain trials designed to create an electronic bill of lading (e-BL).  Additionally, it has garnered support from the Maritime and Port Authority of Singapore. The e-BL would mean that shipping companies would no longer have to depend on hard copies of the document and effectively diminishing unnecessary handling costs, potentially making the supply chain more organized and efficient.

Friday, 28 September 2018 15:06

Maersk bolsters rules on dangerous goods

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Following the fatal Maersk Honam fire that claimed the lives of five seafarers, Maersk has implemented new guidelines on stowage of dangerous goods to improve safety across its containership fleet of over 750 ships. The principles behind their risk-based dangerous goods stowage plan includes a review of over 3,000 UN classed hazardous materials, the different ship containership designs, and six different risk zones. In the coming months, a review aimed at creating best management practices for dangerous goods stowage will be undertaken with participation from ABS, Lloyds Register, the International Group of P and I Clubs, National Cargo Bureau, the TT Club and Exis Technologies. Once the project is completed the best management practices will be published and presented to the IMO.

Friday, 28 September 2018 15:04

HMM shares plan for 20 new ships

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Hyundai Merchant Marine (HMM) has released details of its plans to build 20 new container ships, including 12 vessels of 23,000 TEU each. All of the orders will go to Korean yards, in keeping with the goals of South Korea's state-backed shipbuilding program. Five of the 23,000 TEU class ships will be built by Samsung Heavy Industries, and the remaining seven will be built at Daewoo Shipbuilding and Marine Engineering (DSME). The eight smaller ships - 14,000 TEU each - will be contracted to Hyundai Heavy Industries, and will be delivered in 2021. 

Friday, 28 September 2018 15:03

NYK introduces new design for ship's bridge

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NYK has completed a new concept for a ship's bridge and employed it on a large containership currently being managed by the NYK Group. The new bridge concept has been given the name “Integrated information and bridge system,” and the space and nautical instruments on this new bridge have been optimally, ergonomically arranged and designed to take advantage of IoT aspects of instruments and to improve the safety and efficiency of vessel operation. The shape of the bridge has been optimized to ensure clear sight from a sitting position. The layout has also been enhanced to improve the work environment and reduce weariness during navigational watches.

Friday, 21 September 2018 14:17

IMO progresses on Methanol-fuelled vessels

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The International Maritime Organization’s sub-Committee on Carriage of Cargoes and Containers (CCC5) has developed draft interim guidelines covering the safety of ships using methyl/ethyl alcohol as fuel. The draft guidelines completes the work undertaken by the Correspondence Group on Development of Technical Provisions for the Safety of Ships using Low-flashpoint Fuels and are designed to provide for the safe design and operation of ships. 

Friday, 21 September 2018 14:13

Sinotrans moves to privatization

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Hong Kong-incorporated shipping company Sinotrans Shipping, part of Sinotrans & CSC Holdings, has unveiled the possibility of privatization. An announcement regarding the possible privatization of the company will follow a short-term trading halt in line with the Hong Kong Code on Takeovers and Mergers.  Sinotrans & CSC Holdings and China Merchants Group finalized a merger last April. Operating through three shipping segments, Sinotrans Shipping currently has a fleet of more than 50 bulkers, containerships and tankers, according to VesselsValue’s data.

Friday, 14 September 2018 11:23

ICS offers advice on global sulphur cap

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To assist shipping companies prepare for implementation of the IMO global sulphur cap for ships’ fuel oil on 1 January 2020, the International Chamber of Shipping’s Marine Committee has developed some comprehensive guidance on implementation planning, to help ensure compliance across the shipping industry with this regulatory game changer. New Provisional Guidance to Shipping Companies and Crews on Preparing for Compliance with the 2020 Global Sulphur Cap’ can now be accessed via the ICS website at https://bit.ly/2x7B7tC.

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The Ocean Cleanup, a Dutch non-profit initiative aiming to rid the seas of plastic litter, launched its System 001 equipment on 8 September 2018 in San Francisco. The Maersk Launcher will tow a 2,000-foot-long (600-metre), U-shaped floating barrier with a 10-foot (three-metre) "skirt" below the water's surface to collect the waste. Debris will be funnelled to the centre of the system and the system will skim the surface of the ocean to collect the plastics. Initially the Maersk Launcher will tow the system 240 nautical miles from shore for 14 days of trials. If the trials are successful, the Ocean Cleanup will proceed a further 1,200 nautical miles to the Great Pacific Garbage Patch located halfway between California and Hawaii. The patch reportedly contains 1.8 trillion pieces of plastic and covers an area twice the size of Texas. The organization anticipates that the first batches of plastic will be returned to land in six months, when the waste will be recycled into products that can be sold to help fund future operations.

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