Worldwide Container Shipping news - Archive 2011, September

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30 Sep 2011

Piracy: criminal liability risks when using armed private security teams

Pirate attacks in the Gulf of Aden remain one of the major issues in the maritime industry. The combined measures taken so far by states – both multilaterally and unilaterally – to mitigate the risk of ships being captured have succeded onl ... »

30 Sep 2011

Transas Hellas: Two Bridge Simulators for CMI Inc.

Transas Hellas has installed a bridge simulator NTPRO 5000 with two desktop bridges at C.M.I. Maritime Services (Manila, Philippines) owned by Crew and Ships Management Hellas.Given the ever changing environment of shipping, C.M.I. is ta ... »

30 Sep 2011

Shipping finance took center stage in maritime conference; 2012 to be another challenging year

Shipowners are facing another challenging year in 2012 said Mr. Leonidas Polemis CEO of Remi Maritime Corporation, urging caution towards operating costs, limited investments and control over chartering orders. He was among the speakers of ... »

30 Sep 2011

Typhoon shuts down Hong Kong

A powerful typhoon brought Hong Kong to a shutdown, with financial markets and businesses forced to close as it swept past before slamming into the Chinese island of Hainan, AFP reports.Typhoon Nesat, which claimed 35 lives when it barrelled across t ... »

30 Sep 2011

Host of massive expansions to Queensland coal ports in planning stage

THE State Government has put the cost of the planned Dudgeon Point coal terminal, north of Mackay, at up to $10 billion. In a host of massive expansions for the state's ports,North Queensland Bulk Ports said in its annual report that the site, about ... »

30 Sep 2011

Nigeria: Onitsha Port Project Nears Completion

From all indications, there is every reason to hope that at last the river port facility at Onitsha will soon be completed and put to use. The Minister of Transport, Senator Idris Umar,while inspecting the level of work at the site recently, disclose ... »

30 Sep 2011

Port of Tauranga expects 180 more ship visits per year due to new services. File photo

Port of Tauranga expects a net 180 additional ship visits per year as a result of new services, said chief executive Mark Cairns in the annual report.As a result, container volumes through New Zealand's largest port by volume and second larges ... »

30 Sep 2011

Aquila considering Fortescur port JV again

Aquila Resources is again considering a joint venture with Fortescue Metals to develop a multi-billion dollar iron ore export port planned for Western Australia's Pilbara.The companies currently have rival proposals to develop the port at An ... »

30 Sep 2011

India: Ennore Port in Modernization Mode

Ennore Port Ltd (EPL) has awarded a concession to the Bay of Bengal Gateway Terminal Pvt Ltd for developing a world class container terminal which will be capable of handlingthree mainline vessels simultaneously. The terminal will be developed at an ... »

30 Sep 2011

Fujian port box volume grows 8.3 percent to 6.1 million TEU

Sea ports in Fujian province recorded an aggregate container throughput of 6.1 million TEU during the period from January to August, an increase of 8.3 per cent year on year,according to government statistics quoted by Xinhua. The Port of Xiamen hand ... »

30 Sep 2011

Torm Republican Deters Pirate Attack

TORM Republican yesterday afternoon succeeded in deterring an attack on the vessel by a group of pirates in the Southern Arabian sea.The Indian Master, his 21 man Indian crewand the four British armed guards are safe and suffered no injuries as they ... »

30 Sep 2011

Report Praises Maritime Industry’s Green Efforts

The Royal Bank of Canada and the Supply Chain & Logistics Association Canada have released a report yesterday that identifies environmental sustainability as a key issue facedby the country, but one that offers significant opportunit ... »

30 Sep 2011

Swiber Holdings order book soars past $1 billion mark

Singapore's Swiber Holdings Limited has secured recent contract wins amounting to approximately US$69.0 million including extension options, taking its order book to over US$1 billion,the highest by far in its corporate history. The co ... »

30 Sep 2011

Introducing the BBC Chartering Project Division

Leading German multipurpose & heavy lift operator BBC Chartering announces the establishment of a global project division aiming at the exclusive delivery of high profile heavy lift project tenders.Earlier this year the company reported about its ext ... »

30 Sep 2011

Lloyd's Register aims to double India revenue

Lloyd's Register, a global independent assurance provider to energy and transportation companies, aims to double its revenue from India over the next three years by doubling its staffstrength, its group chief executive said Friday. "Ou ... »

30 Sep 2011

$4bn LNG carrier bonanza needed to shift Shtokman gas

The OAO Gazprom-led Shtokman project to produce liquefied natural gas, or LNG, from a Barents Sea field almost 600 kilometers from shore may require a $4 billion fleet to transportthe fuel, a potential bonanza for Korean yards.The Shtokman p ... »

30 Sep 2011

Teekay Agrees to Acquire Three FPSO Units From Sevan Marine ASA and Invest in a Recapitalized Sevan

Teekay Corporation yesterday announced that it has reached an agreement in principle to acquire three floating production storage and offloading (FPSO) units from Sevan Marine ASA (Sevan),a Norway-based developer, owner and operator of FPSO units, an ... »

30 Sep 2011

Maritime Piracy Humanitarian Response Programme

A programme to help seafarers and families cope with the physical and mental trauma caused by torture and abuse at the hands of pirates launches today in London, England.Pirates are routinely using extreme brutality and the threat of death a ... »

30 Sep 2011

Libya’s tankers laid off Malta seen operational in a month

Libya’s state owned oil tanker fleet is set to be back in business within a month, with some vessels ready for trading in the next two weeks after months at anchorage due to war,the country’s port authority chief told Reuters.Libya’s interim rulers a ... »

30 Sep 2011

Ship Operating Costs Increase Again, But Insurance Costs Plummet

International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry increased by an average 2.2 per cent in 2010.This compares with the 2.0 per cent average fall in costs recorded for the ... »

30 Sep 2011

A need for clarity with ECDIS

Everyone is getting concerned about ECDIS – the Electronic Chart Display and Information System that will eventually become a mandatory carriage requirement for all merchant ships. Two P&I clubs – the Standard and the UK P&I Club – have issued co ... »

30 Sep 2011

Chemical facilities for Lianyungang port

Sinochem International has signed an agreement with Lianyungang Port in China to build a tank farm in the Qitai area of the port.The two firms will be in charge ofbulk liquid loading and discharging in the fast growing port. There will be 640,000 cu ... »

30 Sep 2011

Iron ore imports through Caofeidian Port improves by 42 percent in Jan-AugUST

According to the data released by Hebei Entry-Exit Inspection and Quarantine Bureau, in the first eight months, iron ore import volume and value at Caofeidian port inTangshan city in China's Hebei Province reached 50 million mt up 42 percent and $7 ... »

30 Sep 2011

Antwerp joins clean shipping project

In Belgium, the Port of Antwerp has announced that it is participating in a clean shipping project that aims to cut down on air pollution and greenhouse gas emissionsfrom vessels operating in the North Sea region of Europe.The Clean North Sea Ship ... »

30 Sep 2011

Bahrain plans major port upgrade

Hassan Ali Al Majed, director general of Bahrain's General Organisation of Seaports, has announced plans for a major upgrade of the kingdom's Khalifa Bin SalmanPort. The upgrade will include a new parking area for 40,000 vehicles, a number of warehou ... »

30 Sep 2011

Ore shipments from Odessa port soar 69 percent to 2.2 million tons

Handling of export and transit ore cargo at the berths of Odessa Commercial Sea Port (OCSP) for nine recent months (as of September 28) jumped by 69 percent comparedwith the same period of 2010, to  2.5 million tons, the company said. ... »

30 Sep 2011

Central Yangtze aims high

Infrastructure investment is to be speeded up in order to turn Wuhan’s Yangluo terminal, located in the middle reaches of the Yangtze River, into a major shippingcentre by 2015.Wuhan government officials have promised to complete five ma ... »

30 Sep 2011

Hanjin Shipping to launch Far East – West India direct service

Hanjin Shipping is pleased to announce that it is launching Far East – West India direct service starting from the end of October. Named ICS (India – China Service),it will be operated by a line of partner carriers including Hanjin Shipping, Eve ... »

30 Sep 2011

IMO - 2011 Guidelines for the carriage of blends of petroleumoil and bio-fuels

IMO issues MEPC 1/ Circ 761 regarding 2011 Guidelines for the carriageof blends of petroleumoil and  bio-fuels as follows:The Marine Environment ProtectionCommittee, at its sixty-second session(11 to 15 July 2011), recognizing the need to clari ... »

30 Sep 2011

Nippon Yusen : NYK, Evergreen Marine, and Hanjin Shipping Launch a New Joint Service between India and China

We are pleased to announce that at the end of October, NYK, Evergreen Marine Corp. (Taiwan) Ltd. (EMC), and Hanjin Shipping Co. Ltd. (HJS) will launch a new jointservice, the West India North Asia (WIN) Service, connecting two of the world’s fastest ... »

30 Sep 2011

MOL Again Earns Listing on Major Socially Responsible Investing Indices

Mitsui O.S.K. Lines, Ltd. yesterday announced that the company has once again been selected for inclusion in the major socially responsible investing (SRI) indices –the Dow Jones Sustainability Asia Pacific Index (DJSI Asia/Pacific) and FTSE4Good Glo ... »

30 Sep 2011

Pirates demand $8m for Malaysian ship

Somali pirates have demanded a ransom payment of millions of dollars for the release of a Malaysian-owned container vessel, which was hijacked last November.The pirates are said to be demanding $8 million in ransom to free MV Albedo cargo ship and i ... »

30 Sep 2011

EUNAVFOR warship detains, disarms pirate boats

EUNAVFOR warship FGS KÖLN stopped and boarded on September 28 a suspicious group of two small boats, a whaler and skiff, EU NAVFOR press release said.The suspicious boats were located by FGS KÖLN 70 nautical miles South West off Mogadishu, Somal ... »

30 Sep 2011

Commodity Ship Rates Fall as Demand for Brazilian Ore Weakens

The cost of hiring iron ore- carrying capesize ships fell a third day in London as demand declined for the vessels to ship the raw material to Asia from Brazil.Rents for the vessels, which carry at least 150,000 metric tons of cargo, slid 2 ... »

30 Sep 2011

New emission norms to add to the cost pressure on India's shipping firms

The new emission norms set by the International Maritime Organisation (IMO) will add to the cost pressure on India's shipping firms, which are already reeling underlow freight rates and high fuel prices, Exim News Service reports.As a re ... »

30 Sep 2011

Sri Lanka monitors shipping in piracy watch

Sri Lanka's navy is monitoring merchant shipping movements to guard against the threat of attacks by Somali pirates who have been extending their raids furthereast into the Indian Ocean.Sri Lanka Ports Authority chairman Priyath Wickrama said the gov ... »

30 Sep 2011

Vale’s latest VLOC will focus on Italian trades

The fallout from Brazilian miner’s Vale failure to secure rights to call in China continues. Next month its third VLOC is set for delivery - its name, Vale Italia, shows justhow far the miner has had to rearrange its global plans for its new, giant f ... »

30 Sep 2011

ABS type approval for BWTS

US-based Hyde Marine, a Calgon company, says that its Hyde Guardian ballast water treatment system (BWTS) has received type approval from ABS, adding toapprovals from Lloyd’s Register.The company says that its Hyde Guardian was the first BWTS to r ... »

30 Sep 2011

India: Port capacity utilization to improve on delays in new projects

The existing ports in the country are expected to have better capacity utilisation due to delays in creating additional capacity, ratings agency Icra has said. "Progress on the awardand execution of new projects at both the major and non-major ports ... »

30 Sep 2011

EUROGATE and MSC Gate even more flexible in handling mega ocean carriers in future

With the relocation of a total of six container cranes, Bremerhaven’s container terminals, EUROGATE and MSC Gate, are even more efficient and flexible in handling mega ocean carriers in future.Today, on this Wednesday, a special vehicle transpor ... »

30 Sep 2011

Vietnam: Port is left in a storm

A host of difficulties are hampering Saigon Port’s removal plan.According to Saigon Port Authority’s (SPA) general director Le Cong Minh, the firm’s biggest difficulty upon removalwas where to source capital for building a new port.To become ... »

30 Sep 2011

SafePort project designed to improve safety at sea completes successful sea trials

BMT Group, the international maritime design, engineering and risk management consultancy, is pleased to announce that the SafePort research project has completed initial seatrials of a prototype vessel management system at Dublin port.  SafePort off ... »

30 Sep 2011

Taiwan can help fight piracy to promote its status: former U.S. official

Taiwan, as long as it has the resources and will, can help combat piracy, which has been plaguing many countries in the Indian Ocean, said a former United States official recently.Kurt Volker, a former U. S. Permanent Representative to NATO, made the ... »

30 Sep 2011

ECOWAS calls for action against piracy in West Africa

There have already been more than thirty pirate attacks on ships along the West African coast so far this year. Regional governments will meet in Cotonou, Benin in Octoberto discuss coordinating efforts to stem piracy. The figures for attacks come fr ... »

30 Sep 2011

Expert sees scope for more maritime trade

National Maritime Foundation Director Vice-Admiral (retired) Pradeep Kaushiva said on Tuesday that the opportunity in Indian maritime trade and transport had been grossly underutilised.He urged the Union government to consider shipbuilding as a strat ... »

30 Sep 2011

Benin, Nigeria launch joint patrols to stop piracy surge

Benin and Nigeria launched joint sea patrols to tackle a surge in piracy that has raised alarm in the shipping industry, with attacks seeing crews held hostage and fuel stolen.About 100 military members from the two West Afr ... »

30 Sep 2011

SCF provides case-study on its successful debut Eurobond issue at Euromoney conference

On 27-28 September in Moscow at ”The Russia & CIS Corporate Bond Conference”, SCF Group (Sovcomflot) presented a case-study on its dollar-denominated Eurobond debut issue,which debuted on the London Stock Exchange in October 2010.A ... »

30 Sep 2011

Scorpio Tankers Announces a Signed Term Sheet to Finance Four Newbuildings and Amendments to Its Financial Covenants

Scorpio Tankers Inc. announced yesterday that it has signed a committed term sheet for a $92.0 million credit facility ("2011 Newbuilding Credit Facility") with Credit Agricole Corporateand Investment Bank ("CA-CIB") and Skandinavisk ... »

30 Sep 2011

Somali pirate gets 25 years in Danish ship attack

A Somali man who has acknowledged being a modern day pirate and attacked two ships off the coast of Somalia has been sentenced to a total of 30 years in prison.Jama Idle Ibrahim was sentencedThursday in U.S. District Court. He had previously pleaded ... »

30 Sep 2011

German Justice Through the Eyes of a Somali Pirate

A courtroom in Hamburg is the scene of a head-on collision between two worlds as the German justice system tries 10 Somali pirates who hijacked a cargo ship.The pirates, some of whom are under 18, had no idea what a court or a trial was and were afra ... »

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