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.: 4-Apr-2018 :. Search News
Displaying 1 to 15 of Records.
Page 1 of 1
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NMPT registers 5.28% growth in cargo handling
Increase in the handling of many cargoes, including containers, has helped New Mangalore Port Trust (NMPT) to register a growth of 5.28 per cent in 2017-18. The port handled 42.05 million tonnes of traffic during 2017-18 as against 39.94 million tonnes in 2016-17.
The port authorities attributed the growth in traffic to the increase in the handling of cargoes such as POL (petroleum, oil and lubricants) products, LPG, cement, edible oil, iron ore fines and pellets for KIOCL Ltd, and containers during the fiscal. The port handled 1.15 lakh TEUs (twenty-foot equivalent units) of containers with cargoes of 1.74 million tonnes in 2017-18 as against 94,929 TEUs with cargoes of 1.41 million tonnes in 2016-17. Of this, the share of coffee cargo was at 12,249 TEUs (12,200 TEUs).
Container Corporation of India (Concor), which has commenced operation from ICD in Bengaluru to NMPT, has established the railway siding at NMPT. The Traffic Manager of the port said this initiative would further boost the connectivity and transportation of container traffic through rail.
New Mangalore Port handled 2.20 million tonnes of LPG cargo during 2017-18 as against 2.02 million tonnes in 2016-17. A press release said here that the port handled 10.17 million tonnes of coastal cargo during the just concluded fiscal as against 8.33 million tonnes handled in 2016-17, recording a growth of 22.08 per cent. The net surplus of NMPT crossed 100 crore for the 13th consecutive year, it added.

Posted On:4-Apr-2018



Credits: www.indiaseatradenews.com

Bulk carrier hard aground, Haiti
Bulk carrier UBC SAGUNTO ran aground on Apr 2 while approaching Port-au-Prince, Haiti. The ship is en route to Fond Mombin, north of Port-au-Prince. No information on damages yet, reportedly Ardent was contracted for salvage.

Posted On:4-Apr-2018



Container ship CMA CGM SAMSON grounding, Cape Town Update
The ship was refloated at around 1500 UTC Apr 3 and berthed, no information yet on damages, which are to be assessed. Understood the ship ran aground while entering harbor at low tide, and if it s so, then port authorities are to be blamed for accident. Photo of CMA CGM SAMSON aground from iol.co.za

Posted On:4-Apr-2018



Credits: maritimebulletin.net

GasLog Takes Delivery of New LNG Carrier
Greece-based owner and operator GasLog Ltd has expanded its fleet with its latest newbuilding, the Gaslog Genoa. The company took delivery of the new liquefied natural gas (LNG) carrier from South Korea a shipbuilder Samsung Heavy Industries on March 29.
The Bermuda-flagged carrier with XDF propulsion was named at the shipyard a few days earlier, on March 27. Featuring a length of 293 meters and a beam of 45.8 meters, Gaslog Genoa has a capacity of 174,000 cbm.

Posted On:4-Apr-2018



DSME Clinches 10 VLCC Orders in 2018
Daewoo Shipbuilding and Marine Engineering (DSME), one of the South Korean big three shipbuilders, has secured two more orders for very large crude carriers (VLCC).
Undisclosed American shipowner is said to be behind the contract, being signed in anticipation of oil exports growth in the U.S. Under the terms of the deal, the duo, to be built at DSME s Okpo shipyard in Geoje, is slated for delivery in the first quarter of 2020.

Posted On:4-Apr-2018



Total Volume at World s Busiest Ports Rises in 2017
Combined throughput at the world s 110 busiest container ports increased by 6.1% in 2017, driven by a recovery witnessed in global economy and trade during the year. According to a report from Alphaliner, the 110 busiest container ports in the world handled 600 million TEU in 2017, up from 565 million TEU reported in 2016.

Posted On:4-Apr-2018



Maersk Line Linked to Purchase of Six Boxships
The world s largest container shipping company Maersk Line has reportedly invested USD 280 million to acquire six second-hand containerships from German Commerzbank.
Under the deal, reported by Intermodal Research and Valuations, Maersk Line has added two Sub-Panamaxes and four Panamaxes, which were already chartered in by the Danish firm.

Posted On:4-Apr-2018



Shipwaves Leads the Digital Transformation of the Indian Ocean Freight Industry
Much of the ocean freight industry in India has remained rooted in traditional practices for cargo movement that often burdens the shippers with unforeseen costs, inefficient handling, inability to comply with regulations out of ignorance, all adding to the cost of doing business. Shipwaves, India’s first full stack digital solutions company, is striving to change these practices and move the industry away from its greenhorn status.

Posted On:4-Apr-2018



TORM Adds Three MRs to Its Orderbook
Danish shipping company TORM has exercised options for the construction of three MR newbuildings at Guangzhou Shipyard International (GSI). TORM will pay a total of USD 93 million for the vessel trio which is scheduled for delivery in 2019 through first quarter of 2020. In connection with the acquisition, TORM has secured commitment for vessel financing of up to USD 63 million from KfW and ABN AMRO respectively, which remains subject to loan documentation.

Posted On:4-Apr-2018



World s 1st Autonomous Shipping Company in the Making
Norwegian companies Wilhelmsen and Kongsberg are joining forces to establish the world’s first autonomous shipping company. The new joint venture company, named Massterly, will be based in Lysaker, Norway, and be fully operational from August 2018. Through the new company, the duo intends to offer "a complete value chain for autonomous ships, from design and development, to control systems, logistics services and vessel operations."

Posted On:4-Apr-2018



NS Mayport s Newest Ship Finally Leaves Montreal After 3 Ice-Bound Months
An icy pit stop that lasted about three months is finally over for the crew of the USS Little Rock after the ship left Montreal on Saturday to continue its journey to Naval Station Mayport. The Navy s newest Freedom-class littoral combat ship would have arrived in Northeast Florida in January if it weren’t for colder-than-normal temperatures late in December, Lt. Cmdr. Courtney Hilson, a Naval Surface Force Atlantic spokeswoman told our Florida Times-Union news partner.

Posted On:4-Apr-2018



Credits: news.wjct.org

Kongsberg and Wilhelmsen Launch Autonomous-Shipping JV
On Tuesday, shipping conglomerate Wilhelmsen Group announced that it is launching Massterly, an autonomous-shipping joint venture with technology firm Kongsberg.
"Norway has taken a position at the forefront in developing autonomous ships," said Thomas Wilhelmsen, Wilhelmsen group CEO. "[Through] Massterly, we take the next step on this journey by establishing infrastructure and services to design and operate vessels, as well as advanced logistics solutions associated with maritime autonomous operations. Massterly will reduce costs at all levels."

Posted On:4-Apr-2018



Mercury Marine launches new Vessel Config technology
Mercury Marine has launched a new software management configurator for boatbuilders and dealers. Vessel Config guides customers through the configuration process to ensure they are ordering the right Mercury controls and rigging products for their boats.
"Vessel Config fundamentally changes the way customers interact with Mercury," said John Buelow, Mercury Marine vice president of global category management. "It turns boatbuilders and dealers into virtual engineers, giving them the ability to configure complex systems without assistance."

With Vessel Config, boat builders and dealers now can prepare the right boat or engine for their customer with ease. Vessel Config guides customers through the configuration process to ensure they are ordering the right Mercury products for their boats, Buelow explained.

Posted On:4-Apr-2018



Credits: boatingindustry.com

Investment falls short in Hainan s marine development
With nearly two million square kilometers of territorial waters, Hainan Province has vast sea dominion. A marine industry alliance has been established this year to better explore its marine resources. Over the past 30 years, Hainan s marine economy has witnessed progress, but investments are still falling short. Figures show Hainan s aquaculture area is 300,000 kilometers, accounting for more than one sixth of its waters. The marine economy has expanded from less than 6 percent of its GDP to nearly 30 percent over the past 30 years, when Hainan officially became a province of China.

Posted On:4-Apr-2018



Credits: www.ecns.cn

ITF elects Nigerian chairman of seafarers section
The International Transport Federation has elected Mr. Adewale Adeyanju as chairman of its seafarers section for the African region. Adeyanju, who is the President-General of the Maritime Workers Union of Nigeria, was unanimously elected chairman at the ninth African Regional Conference hosted by the Nigerian chapter of the ITF in Abuja. A statement signed by the Secretary-General, MWUN, Felix Akingboye, read in part, "The ITF is the global union federation of all transport unions worldwide and has over 263 affiliates, with membership strength of over 20 million. Nigeria is one of the 54 African countries that are affiliates of this transport union federation."

Posted On:4-Apr-2018



Credits: punchng.com
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