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.: 11-May-2019 :. Search News
Displaying 1 to 11 of Records.
Page 1 of 1
 1  

Chinese ferry caught fire, returned to port, Yellow sea
Ferry BO HAI MA ZHU reported fire on board while en route from Yantai to Dalian, China, Yellow sea, some two hours after leaving Yantai, at night May 8. Ferry turned back and reached Yantai under own power early in the morning May 9. All passengers were immediately evacuated. Fire understood to be extinguished, extent of damages unknown.

Posted On:11-May-2019



General cargo ship sank in Gulf of Tonkin, crew rescued
General cargo ship PHUONG NAM 09 sank in the morning May 9 in Gulf of Tonkin S of Hai Phong, in vicinity 20 13N 106 50 E. Six crew left the ship, understood jumped overboard in life jackets, and some 5 hours later they were rescued by vessel BP 030802, safe and sound. No information on ship s cargo if any, ports of departure and destination, and cause of sinking. Ship didn t have AIS, no records in AIS or intl ships databases.

Posted On:11-May-2019



Tanker collided with oil barges, one capsized, major spill, Houston
LPG tanker GENESIS RIVER collided with barges pushed by tug VOYAGER on the Houston Ship Channel at Light 71-74, at around 1515 LT May 10, while proceeding down the Channel, en route from Houston to Port Said. One barge capsized, another one was badly damaged, leaking its cargo of reformate, refined product that is blended with gasoline to boost octane. Each barge carried some 25,000 barrels of reformate. Some 25,000 barrels feared to already leak. Port Houston Fire Department fireboat plus oil spill response, air monitoring and salvage personnel are responding, the Coast Guard said.

Posted On:11-May-2019



Knud E. Hansen Details Design of First Wallenius SOL Vessels
Danish marine consultancy Knud E. Hansen has shared design details of the LNG-powered RoRo vessels that are to be built for the newly-established shipping company Wallenius SOL.
Up to four vessels ordered at Yantai CIMC Raffles Offshore Ltd., China, will be the first ships the Sweden-based company will operate.
They will transport forestry products and other goods in a network covering the Gulf of Bothnia, the Baltic Sea and the North Sea.
Knud E. Hansen is providing the engineering package for the construction and approval by classification and flag state authorities.
The company said this was the fourth series of ultra-large RoRo vessels designed by Knud E. Hansen since 2016, resulting in more than 20 of these vessels being built in the coming years.
The 1A Super ice-classed vessels will have a length of about 242 meters and a deadweight capacity of about 27,000 tons, making them largest in the class. They will have a beam of 35.2 meters and be capable of achieving speeds of 20 knots.
According to the marine consultancy, the ships will be the first mega RoRos in the world powered by LNG-fueled engines, thus eliminating particle emissions and reducing their carbon footprint while at sea. During port calls, the 5,800 line meter vessels will run on electricity from shore connections or LNG.

Posted On:11-May-2019



Thun Tankers Adds Newbuilding Duo to Its Fleet
Swedish shipping company Thun Tankers took delivery of its first L-Class and second E-Class tankers on May 9.
The 18,650 dwt product tanker Thun Lidkoping, the first in a series of five resource efficient tankers, was built by China s Avic Dingheng Shipbuilding, while the 8,000 dwt Thun Evolve was delivered by the Netherlands-based Ferus Smit BV.
The dual-fueled Thun Evolve will use natural gas or biogas as fuel. It is the second in a series of four ordered E-Class tankers.
Both units will enter into the Gothia Tanker Alliance network with crewing and technical management done by MF Shipping Group.
"It is a historic day for our company with the delivery of both Thun Lidkoping and Thun Evolve on the same day. With the E-Class and L-Class series in trade, we are further strengthening Gothia Tanker Alliance possibility to serve our clients with climate smart tankers in the right position at the requested time," Joakim Lund, CCO Thun Tankers, said.
"These new tankers are part of our next generation purpose-built and efficient vessels enabling us to remain a sustainable Swedish partner over generations," Johan Kallsson, Managing Director at Erik Thun Group, said.
Separately, the company said that the Board of Directors of the Erik Thun Group have appointed Johan Kallsson as Managing Director for the group, after Anders Kallsson has chosen to resign.
A group consisting of Johan Kallsson, Henrik Kallsson and CFO Agne Axelsson will form the executive management team of the company. Johan Kallsson will have the oversight of the group and focus on development of the organisation, human resources and external contacts within both business and politics. Henrik Kallsson continues as Deputy Managing Director and he will be responsible for the commercial, operational and technical departments including developing new vessels.

Posted On:11-May-2019



Fire Engulfs Vessel in Khalid Port, UAE
A small cargo ship carrying vehicles and tires caught fire in Sharjah s Port Khalid, UAE, on May 8.
A total of 13 Indian seafarers were rescued from the vessel, with none needing medical attention, local reports said.
Firefighters managed to extinguish the fire, however the vessel was almost completely destroyed, according to photos from the scene.
In addition to vehicles and tires, the vessel is said to have been carrying 6,000 gallons of diesel.

Posted On:11-May-2019



Ukraine Temporarily Bans Ballast Water Analyzing in Ports
Ukraine has changed the ballast water regulations in its ports as it cancelled the control of segregated ballast, according to marine insurance provider Gard.
Namely, ecological inspectors are no longer permitted to inspect vessels for the purpose of ecological control, including taking and analyzing samples of ballast water, Gard cited a resolution from the Cabinet of Ministers of Ukraine dated March 27, 2019.
Prior to these rules, when visible traces of pollution were noticed during de-ballasting, ecologists were permitted to sample and analyse ship s ballast water and compare results with the limits of polluted materials concentration.
The resolution states that the mentioned cancellation is not permanent, but will remain in force until new protocols for sampling and testing of ballast water have been adopted. Until such time, ecologists are prohibited from sampling and/or testing vessel s ballast water.
Gard s local correspondents, Legat Odessa LLC, said that it is likely the ecologists will continue to inspect the ballast systems, log books and ballast water exchange logs, to look for evidence of documentary non-compliance. Furthermore, the ecologists may also look at evidence in the form of visible pollution due to improper cleaning of the vessel s grey water.

Posted On:11-May-2019



DP World acquires Canadian terminal Fraser Surrey Docks
DP World, one of the world s largest port operators, said on Thursday it has agreed to buy Canadian marine terminal Fraser Surrey Docks from a Macquarie Group fund.
The purchase consideration is below 2.5 percent of DP World s net asset value as of December 31, 2018, the port operator said, which Reuters calculated to be under $300 million.
The marine terminal, is being acquired through Canadian subsidiary DP World Canada Investment Inc, which is 45 percent owned by Caisse de depot et placement du Quebec (CDPQ).
The deal is expected to close in the first half of 2019, DP World said. The terminal is being acquired from Macquarie Infrastructure Partners a fund managed by the Macquarie Infrastructure and Real Assets (MIRA) division of Macquarie Group.
Dubai government-controlled DP World also operates a container terminal in downtown Vancouver and another terminal in Prince Rupert.
Fraser Surrey Docks is located in greater Vancouver and is one of the city s major steel import terminals, DP World said.
"We are seeing increasing demand from our customers for multi-purpose facilities in the region," said DP World Chairman Sultan Ahmed Bin Sulayem.
"We believe Fraser Surrey Docks has the relevant infrastructure and is in the right location to service this demand."
The terminal has 1,200 meters of berth and 189 acres of yard and in 2018 handled over 1 million tonnes of grain and 250,000 twenty foot equivalent shipping containers.
DP World said last month it handled 0.6 percent less gross container volumes across its global portfolio in 2018 compared to the previous year.

Posted On:11-May-2019



Credits: www.bunkerportsnews.com

DCIL seeks long-term contracts from ports
After the takeover by a consortium of four major port trusts, the new management of the Dredging Corporation of India Limited (DCIL) has represented to the Centre to facilitate long-term agreements from all the major ports by awarding dredging contracts with the Visakhapatnam-headquartered PSU.
Four major ports-Visakhapatnam Port Trust, Jawaharlal Nehru Port Trust, Paradip Port Trust and Deendayal Port Trust (Kandla)- have taken the management control of the DCIL, a company listed on BSE and NSE, by picking up the government s equity of 73.41% by paying ₹1,050 crore.
Subsequent upon the completion of the exercise, the DCIL board was reconstituted. Market regulator SEBI had exempted the mandatory offer of open route under Takeover Code .
"We have requested to the government to give us open tenders floated by the major ports which are worth ₹700 crore going by the average value for the past five years. Our proposal is to allow us to have long-term contract for three to four years so that the DCIL can be strengthened financially," DCIL Chairman M.T. Krishna Babu told The Hindu.
VPT has majority stake
While the VPT has picked up 19.47% equity, other three ports bought 18% each. As the VPT has the largest shareholding, its Chairman automatically becomes the Chairman of DCIL.
Mr. Krishna Babu said that they had also sought the first right of refusal if any of the 12 major ports wanted to award the tender to some private operators.
DCIL is the only public sector dredging company in the country, which had monopoly before the dredging sector was opened to private players.
Priority set
Describing the DCIL as a national asset with lot of significance for national security, he said their priority was to acquire more cutter suction dredgers as now it was weak in capital dredging. For maintenance dredging, none can beat the DCIL.
Mr. Krishna Babu said that the DCIL had a bright scope to increase its financial position by undertaking inland waterways and inter-linking of river projects. "There is also a potential to bag works worth 1,000 crore from Mangla Port in Bangladesh," he said.
Turnover
He said DCIL could get a nominal profit last year with a turnover of ₹650 crore and they had an ambitious target to cross ₹1,000 crore with a minimum profit of ₹125 crore during current year.

Posted On:11-May-2019



Credits: www.bunkerportsnews.com

CONCOR to invest up to Rs 8,000 cr for developing dry ports, distribution logistic centres
State-owned Container Corporation of India (CONCOR) on Thursday said it will pump in up to Rs 8,000 crore in the next five years to develop dry ports and distribution logistics centres across the country.
"We are coming up with 20 distribution logistics centres and 100 dry ports. We are already operating 83 (dry ports) and we will make it 100. The 20 distribution logistics centres will be connected to 100 (dry ports). Total investment in the next five years will be Rs 6,000-Rs 8,000 crore," CONCOR Chairman and Managing Director V Kalyana Rama said during an event here.
Container Corporation of India is a navratna company under the Ministry of Railways. CONCOR inaugurated its first distribution logistics centre at Ennore, Chennai, in Tamil Nadu in March. "So, there will be around 120 centres which will be connected as a network to provide these distribution logistics services for entire India. We will be able to give some reduction in the logistics cost," he added.
The company, he said, is planning to line up Rs 1,000 crore as a capital expenditure in the current financial year. "This year (financial year), we are planning (a capital expenditure) of Rs 1,000 crore. Last year, We spent Rs 770 crore," he added. He further said the state-owned company is expecting a growth of around 10-12 per cent in the financial year 2019-20.
"Last fiscal, on the volume side, it (the growth) was around eight per cent, and on the financial side (topline), (it was) 12 per cent and bottom line, it was 21 per cent," the CMD said. CONCOR commenced operations in 1989. It now has the network of 83 inland container depots and container freight stations. In addition to providing inland transport by rail for containers, it has also expanded to cover management of ports, air cargo complexes and establishing cold-chain, according to its website.

Posted On:11-May-2019



Credits: www.bunkerportsnews.com

Saudi investment group keen to invest in Bangladesh ports
Red Sea Gateway Terminal (RSGT), Saudi port operator and investment group, has expressed its interest to invest in Bangladesh’s port and terminal sectors.
The group has also wanted to invest in seaport’s terminal sector too as the group has huge experience in construction of terminals in seaports.
The associate director of Red Sea Gateway Terminal (RSGT) under the Saudi Port Operator and Investment Group has placed its proposal before the State Minister for Shipping Khalid Mahmud Chowdhury during a meeting held at the secretariat in the capital yesterday.
"The Saudi business group has expressed to invest in Bangladesh s port and terminal sectors including Chattogram, Mongla and Payra seaports," Khalid Mahmud Chowdhury told reporters after the meeting.
Appreciating Saudi Arabia s investment proposal, the state minister for shipping said, "It will be a milestone for investment in Bangladesh s port and terminal sector. Saudi-Bangladesh economic relationship will be further strengthened under the dynamic leadership of Prime Minister Sheikh Hasina.”
Shipping Secretary Abdus Samad, economic minister to Bangladesh embassy in Saudi Arabia Dr Mohammad Abul Hasan and other high officials attended the meeting.
However, on April 24, the RSGT sent a letter to Bangladesh ambassador King Saudi Arabia Golam Moshi stating that their company interested to investment in Bangladesh s port and terminal sectors-like participate in port project with Chittagong Port Authority (CPA), participate in inland container terminal and bulk-port with CPA and automation of port services.
The USD 540 million RSGT is the first BOT project in Saudi Arabia that clearly redefines the standard of terminal operations in the Red Sea Basin and beyond.
Red Sea Gateway Terminal (RSGT) is the newest flagship container terminal at Jeddah Islamic Port.
A world-class terminal spearheaded by the Saudi Industrial Services group SISCO, it is also the first privately funded, Build Operate and Transfer (BOT) port development agreement in Saudi Arabia.
Covering over 750,000 square meters, the facility was constructed to set a benchmark advancing other port terminals around the region, exploiting approaches such as intelligent design and layout, cutting-edge technologies and value-added logistics capabilities; ensuring efficiency within whole supply chain, meeting the demands of modern day trade.

Posted On:11-May-2019



Credits: www.bunkerportsnews.com
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