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.: 23-Sep-2019 :. Search News
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DSME Collects Ethylene Carrier Tank AIPs from DNV GL
South Korea s Daewoo Shipbuilding and Marine Engineering has received Approval in Principle (AIP) certificates for two new 98,000 cubic meter (cbm) ethylene carrier cargo tank designs from classification society DNV GL.
The AIPs were granted for two type-B prismatic cargo tank designs, one made of high manganese steel, the other constructed with 5 percent nickel steel.
During the review DNV GL experts assessed the cargo containment systems, machinery spaces and accommodation arrangements, as well as the hull girder strength and local scantling amidships.
Onboard lifesaving and firefighting systems were also part of the assessment. It was found that the general concepts of both tank designs comply with the DNV GL rules for the classification of ships and that they are in accordance with SOLAS and the IGC Code (2016 edition).
"This is another great milestone in our longstanding relationship with DNV GL, demonstrating DSME s strong design and innovation capabilities," said Odin Kwon, Chief Technology Officer (CTO) of DSME.
"Increasing oil and gas production from shale deposits is making more ethylene available across the globe, and an increasing number of ship operators are interested in the gas as a cargo for gas carriers. DSME s innovative designs will give the industry new options as it looks to expand this market," Johan Petter Tutturen, DNV GL - Maritime s Business Director Gas Carriers, added.

Posted On:23-Sep-2019



TMS Cardiff Gas Signs Long Term LNG Carrier Charter Deal with Total
Operator and manager of LNG carriers TMS Cardiff Gas has entered into a long term time charter contract with Total Gas & Power Limited for one of its eleven newbuilding LNG carriers.
Under the deal, one of the company s X Carrier Series vessels would be hired by the oil and gas major for a minimum period of seven years.
The 174,000 cubic meter vessel with efficient XDF propulsion and subcooling system is being constructed at Samsung Heavy Industries (SHI).
TMS Cardiff Gas, that operates and manages 16 LNG carriers, continues its long term employment strategy on its LNG vessels.
The company said that it is looking to expand its portfolio in the 2022/23 timeframe.
"This is another long term deal in this series of sister vessels with efficient XDF propulsion and sets the stage for the company s further growth with significant long term coverage and backlog," Christos Economou, Founder of TMS Cardiff Gas, noted.

Posted On:23-Sep-2019



Drewry: Large Bulkers to Benefit from Indonesia s Exports Ban
Indonesia s ban on exports of unprocessed ores and minerals will result in reduced nickel ore trade, hurting the demand for small bulkers.
However, with bauxite trade shifting to Guinea-China from Indonesia-China, large bulk carriers will gain employment, according to shipping consultancy Drewry.
The Indonesian government has decided to bring forward to early 2020 its plan to ban exports of nickel ore. Anticipating a shortage of nickel ore from 2020, Chinese stainless steel producers will speed up their inventory build-up, which will result in strong nickel ore trade on Indonesia-China until the end of 2019. However, in the long term, the ban will be detrimental for nickel ore trade as it will be difficult for Chinese consumers to find alternate sources of nickel ore.
"For the moment, the Indonesian government has not announced any plans to bring forward a ban on bauxite exports but even if the government chooses to do so, the impact on overall trade will not be significant. It will be easy to replace Indonesia with Guinea sourced bauxite, though it will increase the average haulage length," Drewry explained.
The Indonesian government had imposed a similar ban in 2014 before partially lifting it in 2017. In the run up to the proposed ban, Indonesia’s nickel ore exports skyrocketed and in the second half of 2013 the country exported an additional 10 million tonnes of nickel ore than in the second half of 2012. This translated into a monthly increase of more than 1.5 million tonnes. If the present ban has a similar impact, Indonesia’s exports will increase by 6-7 million tonnes over the next four months.
China accounts for more than 96% of Indonesia s exports, and no major change in trade patterns is foreseen. As it takes about 20 days for a Handysize vessel to complete a round voyage between Indonesia and China, an increase in Indonesia s exports before the ban will make additional demand for 30-35 more Handysizes over the next four months.
However, by 2020 with practically no nickel ore moving from Indonesia, an estimated 40 Handysize vessels will lose employment - a trend that will continue in the long term, according to Drewry.
Indonesia is the second largest exporter of nickel ore in the world, accounting for 37% of global nickel ore trade in 2018. After the ban is imposed, it will be challenging for other major exporters such as the Philippines and New Caledonia to fill the huge void created by the ban.
However, if the ban on bauxite exports is implemented it will have a major impact on tonne-mile employment. Indonesia exports most of its bauxite to China, and if Indonesia decides to ban bauxite exports from 2020, China will replace Indonesian bauxite with bauxite from Guinea.
A shift in bauxite trade away from Indonesia to Guinea will increase average haul lengths on bauxite trades as the distance between Guinea and China is more than 10,800 nautical miles compared with only 2,300 nautical miles between Indonesia and China.
"The gainers here will primarily be large bulkers, as traders prefer Capesize and Kamsarmax vessels on the Guinea-China route, as opposed to Supramaxes and Handysizes on Indonesia-China," Drewry said.

Posted On:23-Sep-2019



Mexican Navy Intercepts Cocaine on CMA CGM Boxship
Mexican Navy and Coast Guard personnel have seized over 80 kilograms of cocaine from a container aboard the CMA CGM Mississippi at the Pacific Ocean Port of Lazaro Cardenas.
The navy said that a total of 70 packages containing approximately 82 kilograms of narcotics were seized in an operation on September 18.
According to the cargo manifest, the container on the Post-Panamax ship was supposed to be filled with electrical cable rolls. However, after opening the container, the authorities found bags with packages of cocaine hydrochloride.
An investigation into the matter has been launched.
Flying the flag of Liberia, the containership is operated by French shipping company CMA CGM and owned by the US-based JP Morgan Global Maritime, information provided by VesselsValue shows.
The 2015-built CMA CGM Mississippi arrived in Lazaro Cardenas from Guayaquil, Ecuador, and is currently en route to Yokohama, Japan, according to the ship s AIS data.

Posted On:23-Sep-2019



WSC to Propose New IMO Entity for Developing Fuels of the Future
The World Shipping Council (WSC) revealed plans to propose the creation of an international research and development entity that would identify a new generation of marine fuels.
As informed, the solution the WSC is developing in an effort to solve the greenhouse gas (GHG) problem will be proposed soon for discussion at the International Maritime Organization (IMO) headquarters in London.
The new body is seen as the next step in reducing the harmful emissions from shipping following the entry into force of the IMO 2020 sulphur cap in January 2020.
If the IMO adopts the WSC s approach, the proposed International Maritime Research Board (IMRB) would be a dedicated-purpose new entity under the supervision of the IMO, with substantial industry participation.
It would be funded by mandatory industry contributions based on fuel use, which is something that the IMO already tracks, according to John Buttler, President and CEO of WSC.
Specifically, the money collected would be used to fund research that could be carried out by a wide range of entities around the globe, ranging from research institutions to national laboratories to independent institutions and companies. In addition to some basic science, the emphasis would be on evaluating which technologies have the greatest potential to be commercially feasible for powering long ocean voyages and then doing the engineering work to get those fuels and technologies to the point whether they can be commercially viable.
"One of the reasons that it is so critical that we make an institutional structure … is that it is simply not feasible for any one company or any one country to provide the resources and focus that are necessary to get the R&D done on a scale and on a schedule that would allow the industry to meet the IMO s greenhouse gas emissions reductions for 2050 and beyond," Butler said during his speech at the JOC Events Container Trade Europe Conference in Hamburg on September 19.
"Even though there are research projects currently underway on new fuels …, the fact is that we are going to need something bigger and more sustained to make decarbonization of shipping a reality. We think that standing up the IMRB to pursue R&D on a global scale is the way to reach that goal," he pointed out.
Butler further explained that the IMRB would be designed "to work itself out of job and out of existence." The new entity is aimed at solving the root problem of GHG emissions by finding and deploying new fuels and not at improving the existing fossil-fuel-based systems.

Posted On:23-Sep-2019



COSCO Shipping Ports Divests Stake in Several Terminals
Hong Kong-based port operator COSCO Shipping Ports has decided to dispose of its indirect interests in several terminals.
On September 18, 2019, the port operator inked agreements for the disposal of its interests in Nanjing Longtan Terminal, Yangzhou Yuanyang Terminal and Zhangjiagang Terminal.
It is estimated that COSCO Shipping Ports would get around CNY 2.32 billion (USD 325.5 million), including aggregated consideration under the share purchase agreements of approximately CNY 10.6 billion.
Following the completion of the share purchase agreements, COSCO Shipping Ports will not own interest in any of the abovementioned companies.
"The disposal of interest in various port assets is our response to industrial development and changes in the region,"COSCO Shipping Ports said in a statement, adding that the profit and throughput contribution from the three terminals is small.
Moving forward, the company said it would continue to optimize the terminal portfolio in Yangtze Delta, strengthen the development of Nantong Tonghai Terminal and CSP Wuhan Terminal and continue to develop hub port in the Yangtze Delta region.
What is more, COSCO Shipping Ports revealed its intention to sell all of its indirect interests in Taicang Terminal and Jiangsu Petrochemical Terminal. However, the company has not yet signed any agreements related to such disposals.
"The transactions are in line with the company s strategic plan to divest assets in order to achieve capital recycling, which will add momentum for the future development. The company aims to improve asset quality, optimize domestic terminal portfolio and improve operating efficiency," Feng Boming, Chairman of COSCO Shipping Ports, commented.

Posted On:23-Sep-2019



Government to spend Rs 500 crore to build Maritime Heritage Complex at Harappan port city in Gujarat
Govt is working towards making India a hub for barge construction, says Mansukh Mandaviya
The Central Government will spend about Rs 500 crore towards setting up a Maritime heritage complex at Lothal - a Harappan port city in Gujarat.
Announcing the ambitious project on Saturday, the Union Minister of Shipping (I/C) and Minister of State for Chemicals and Fertilisers Mansukh Mandaviya stated that the Maritime heritage complex will feature maritime history, relevant replicas, evidences, maritime researches and resources with an aim to promote maritime logistics.
Lothal remains an archeological site and tourist destination in Gujarat.
Mandaviya also announced the establishment of a Maritime Park at GIFT City in Gandhinagar. This is aimed to promote and encourage the maritime industry sector.
Addressing a conference on "Ports and allied sectors in the state vis-a-vis India and the world: emerging opportunities and challenges", the Union Minister also indicated that the Central Government is working towards making India a hub for barge construction. The conference was organised at the Gujarat University on Saturday.
"India, too, could be number one in the medium-size ship building," he said. He added that the Centre of Excellence has been set up at Indian Institute of Technology (IIT) - Madras, which is conducting research on dredging in the sea.
'Will make 5 lakh jobs in shipping sector over next 5 years'
Commenting on the marine transportation industry, Mandaviya stated that the cost for maritime transport in India is 14 per cent as against the world average of 9 per cent.
"If India wants to survive in competition, then it becomes necessary to reduce transportation costs. In India, it costs three rupees to transport one tonne of goods for one kilometre by road, two rupees by railway and 90 paisa by waterways. Therefore, developing and adopting a water transport system is essential if the transportation cost is to be reduced, " he said hinting at the wide opportunities in the field of Maritime Management.
With regards to employment in the maritime sector, Union Minister stated that the Government's aim is to make 5 lakh new jobs in the shipping sector over the next five years.
As part of the transformation in the sector, he stated that the number of seafarers has increased from 94,000 in 2014 to 2,14,000.
For employment opportunities in the cruise tourism sector, the ministry is planning to set up cruise terminals at five destinations in Mumbai, Chennai, Kolkata, Visakhapatnam and Goa.

Posted On:23-Sep-2019



DP World focuses investment billions in India and Africa ports
DP World is focusing future outside investments in building port and logistics infrastructure in India and Eastern Africa in the next decade. It is constructing port and warehouse facilities in India as this nation has become the biggest trading partner to the United Arab Emirates and an Asian consumer super-power.
In the longer term, DP World intends to open new ports in Africa as part of a greater Indian Ocean trade expansion strategy, said DP World chief commercial officer Abdulla Bin Damithan.
In addition, DP World is investing US$3.4Bn to improve UAE's connections with China as part of the One-Belt-One-Road Chinese trade strategy.
"We have established five terminals in India and we are investing in warehouse facilities and the supply chain," said Mr Damithan at Dubai Maritime Agenda conference in Jumeirah, Dubai. "India's economic growth will bring prosperity for both countries, so there will be further investment in ports and logistics."
DP World already has port infrastructure in Mundra, Nhava Sheva, Cochin, Chennai, Visakha in India.
Within the Indian Ocean trading region, DP World is planning new port investment. "We see growth in East Africa as it is an emerging market with more shipments and investment," said Mr Damithan.
"A lot of money will be needed in infrastructure and we will invest to connect India to the UAE and Africa. That will be our focus for the next 5-10 years - to connect continents and customers."
Investment in new ports and container terminals will require outlay on modernised marine services in these regions, providing opportunities for tug owners and builders.
In the UAE, DP World is driving to ensure Dubai is a gateway to the Middle East Gulf nations, especially for Chinese products.
"For China's One-Belt-One-Road we are connecting the UAE with the Far East," said Mr Damithan.
"Our US$3.4Bn investment is dedicated to two sites. One is a project logistics station in the UAE for Chinese companies," he continued.
"The second project involves a lot of importing products, processing them and then exporting them from the UAE."
He wants to attract trading companies to this gateway to "take advantage of the low supply chain costs".
This initiative comes as the UAE prepares to host a global exhibition in 2020 and prepares to introduce new maritime laws to support the Dubai government's gateway strategy.
DP World operates the container port in Jebel Ali, UAE and one at Jeddah in Saudi Arabia. In Africa it operates the terminal in Dijbouti and Berbera, plus a facility in Maputa, Mozambique and port in Dakar, Senegal.
UAE Federal Transport Authority minister advisor Salam Al Zaabi explained why the nation's port operators are driving through these investments.
"Maritime growth means there are opportunities across the Middle East and beyond into the Indian Ocean," he said.
"We want to attract investment in sea ports and terminals and expand into Africa to find solutions and attract investment."
Mr Al Zaabi explained why UAE had become a trade centre due to its location close to the Indian Ocean.
"There is commitment from government to advance the sector, attract leading companies for sustainable growth in this maritime hub," he said.

Posted On:23-Sep-2019



Distressed by typhoon TAPAH cargo ship abandoned, crew safe
General cargo ship VANWAH issued distress signal at 0121 Beijing time Sep 21, ship hit the rocks near islands NE of Zhoushan, East China sea, in vicinity 30 15N 122 37E, and developed heavy stb list. SAR ships DONG HAI JIU 102 and DONG HAI JIU 117 arrived at the scene and rescued all 15 crew, 1 was picked up from water, others were rescued via life raft, see photo. No information on ship s condition so far, whether she sank, or is adrift, or aground, AIS missing.

Posted On:23-Sep-2019



"Ports are focusing on holistic transport system planning"
What are the latest infrastructure trends that GCC ports are embracing?
Capacity expansion There is a big focus on capacity expansion and improving efficiency of port facilities. Over the next ten years, major upgrade plans are expected to be implemented across UAE and GCC ports, which will ensure the required infrastructure to cater to larger vessels and trade growth is in place.

Posted On:23-Sep-2019



Credits: www.bunkerportsnews.com

Trade unions at Cochin Port ask Govt to stop giving sops to vessels
The Cochin Port Joint Trade Union Forum has come out against all forms of concessions to vessels, including coastal and cruise, saying they make the port s finances vulnerable.
It is said that the port is granting huge concessions on vessel-related charges to ensure cost-effectiveness and to successfully compete with other container hubs in the region and neighbouring ports.

Posted On:23-Sep-2019



Credits: www.bunkerportsnews.com

Ships resume guiding vessels to Beaumont, Texas: U.S. Coast Guard
Pilots resumed steering vessels along the ship channel to Beaumont, Texas, one day after they stopped guiding vessels through the waterway connecting the Beaumont and Port Arthur refining hubs with the Gulf of Mexico, the U.S. Coast Guard said.
Ship movements continued along the Houston Ship Channel with some restrictions along a portion of the 53-mile (85-km) waterway connecting the Port of Houston to the Gulf.

Posted On:23-Sep-2019



Credits: www.bunkerportsnews.com

Trailer operators call off strike at Chennai Port
The Chennai Port Trust (ChPT) along with Southern Railway and Concor Ltd came to the rescue of the trade by evacuating containers from the port during the week-long strike by trailer operators.
The strike was called off today after CFS operators agreed to pay the trailer operators an additional ₹1,000 per twenty-foot container on existing rates.

Posted On:23-Sep-2019



Credits: www.bunkerportsnews.com

MOU For New Container Terminal In Egypt
A new MOU aims to set up the biggest logistic system in Africa and the Middle East including a container terminal in Egypt.
In addition to a new container terminal at Damietta Port, the MoU between the Egyptian Ministry of Transport, represented by Damietta Port Authority (DPA) and European and German-based companies Contship Italia and Eurogate also aims to develop a railway line, dry port and cargo distribution area with a total investment of €750m as a first phase.

Posted On:23-Sep-2019



Credits: www.bunkerportsnews.com

India: Major ports post muted growth as coal volumes slide 4% in Apr-Aug period
The shadow of economic slowdown loomed over coal cargo movement through major ports. Between April and August, the cargo throughput growth at major ports was muted at 1.9 per cent as coal volumes slid four per cent year-on-year.
In the corresponding period of FY19, coal cargo had risen by 11 per cent. Apart from decline in coal shipments compared with last year, some fall was also observed in fertiliser and liquid cargo.

Posted On:23-Sep-2019



Credits: www.bunkerportsnews.com
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