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JNPT to invest ?800 cr to develop 2 dry ports
Jawaharlal Nehru Port Trust (JNPT) is likely to make ready the Jalna and Wardha dry ports over the next 18 months. The Jalna port will come up close to Aurangabad, with an annual capacity of 20,000 TEUs. Wardhwa will come up near Nagpur, with another 20,000 TEU annual capacity. Around ?400 crore will be spent ...Posted On:14-Nov-2017
Credits: www.hellenicshippingnews.com |
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Portland Reviving Container Shipping Business
After over a year and a half, Port of Portland’s Terminal 6 in Oregon will get a container shipping service as Singapore-based liner company Swire Shipping has committed to start a new service at the terminal as of next year. Swire Shipping will begin offering a mix of general, non-containerized cargo and container service starting […]Posted On:14-Nov-2017
Credits: worldmaritimenews.com |
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Stena Bulk Reshuffles Its Business Activities
Swedish tanker shipping company Stena Bulk is reorganising its business activities into three business areas, including Crude & Fuel, Products & Chemicals and LNG.
In relation to the reorganization move, the company has appointed two new managing directors, namely, Mats Karlsson (Crude & Fuel) and Johnny Schmolker (Products & Chemicals). At the same time, Stena Bulk's business activities previously conducted under the name of Stena Weco are being coordinated and incorporated into the company.
Furthermore, the company said that it will open a new office in Copenhagen, located near the Port of Tuborg, in the next few days. As a result, the company will leave its office in Rungsted, which until now has been used by Stena Weco.
Stena Bulk will continue to have regional offices in Gothenburg, Houston, Singapore, Shanghai and Dubai.
"This is a natural transition from the old structure to the new one where we now have total control over our business involving product and chemicals transportation in the MR segment. This and other adjustments will result in a clearer structure as regards our business and organisation," Erik Hanell, President and CEO, Stena Bulk, said.
The reorganisation comes on the back of an agreement which Stena Bulk signed in March 2017 to acquire the remaining 50% of the shares in Stena Weco from its partner WECO Shipping.
Stena Weco has been incorporated into, and is wholly-owned by, Stena Bulk. Together with Stena Weco's fleet of 65 tankers, Stena Bulk operates around 100 tankers. A third of these are owned and two-thirds are chartered.Posted On:14-Nov-2017
Credits: worldmaritimenews.com |
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HHLA’s Container Volumes Up by 10.8 Pct
German terminal operator Hamburger Hafen und Logistik AG (HHLA) recorded a growth of 10.8 percent in container throughput in the first nine months of 2017. The HHLA container terminals in Hamburg and Odessa handled 5.5 million TEUs this year, compared to 4.9 million TEUs reported from January to September 2016. Throughput at the three Hamburg terminals, […]Posted On:14-Nov-2017
Credits: worldmaritimenews.com |
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Chinese Very Large Container Ship seized in Egypt UPDATE
Nov 12: According to yet unconfirmed report from Egypt, HK-flagged cargo ship was detained in Dekheila port, Alexandria, Egypt, shortly after arrival on Nov 12. The ship collided with a pier at Container Terminal while mooring, and damaged two cranes, incurring, allegedly, heavy losses. The ship to be under detention until damages cost assessment, and receiving bank guarantee. Port claims the ship was approaching pier at too high speed.Posted On:14-Nov-2017
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Mitsui & Co. Takes 49 Pct Stake in BW Integrity FSRU
Japan’s Mitsui & Co. has formed joint venture with gas shipping company BW Group Limited to own the Floating Storage and Regasification Unit (FSRU) BW Integrity. Mitsui & Co. has purchased a 49% share in BW Integrity, and BW continues to own a 51% share in the vessel. In line with the deal, BW will continue to provide […]Posted On:14-Nov-2017
Credits: worldmaritimenews.com |
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Hutchison Ports Wins Concession for Ahmed Bin Rashid Port
Hong Kong-based port operator Hutchison Ports has been awarded a concession to operate Ahmed Bin Rashid Port in Umm Al Quwain (UAQ), a key entry-exit point for container, general, RoRo and bulk cargo in the northern United Arab Emirates (UAE). As informed, the port operator will run the four-berth facility with an 845-meter-long quay and […]Posted On:14-Nov-2017
Credits: worldmaritimenews.com |
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Westports’ Nine-Month Container Volumes Down
Malaysian port operator Westports Holdings Berhad saw its container volumes drop in the nine-month period ended September 30, mainly due to the industry’s recent mergers and acquisitions. Container operations handled a total throughput of 6.8 million TEU during the nine-month period, dropping by 8 percent from a total of 7.4 million TEU handled in the same period […]Posted On:14-Nov-2017
Credits: worldmaritimenews.com |
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Interview: Shipping Still a Moving Target for Cyber Threats
The shipping industry is becoming ever more reliant on technology, making it at the same time more vulnerable to cyber attacks. Protection from cyber threats is key, although there are a lot of uncertainties in this field as well. Obtaining insurance for a company’s assets in case of a cyber attack is one way of […]Posted On:14-Nov-2017
Credits: worldmaritimenews.com |
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Japan trade boss flags Indian port woes
Calcutta has great potential but poor inland connectivity and below-par processing facilities at the port negate the positives, the chiefPosted On:14-Nov-2017
Credits: www.bunkerportsnews.com |
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“Port engineers gather for £350m harbour construction”
Senior Port engineers from across the UK met in Aberdeen this week to hear from experts in planning, design andPosted On:14-Nov-2017
Credits: www.bunkerportsnews.com |
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World Sailing Conference Wraps Up
World Sailing Conference Wraps Up Scuttlebutt Sailing NewsFull coveragePosted On:14-Nov-2017
Credits: www.sailingscuttlebutt.com |
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Explosion and fire at Yantian Shenzhen Container Terminal
In the evening Nov 10 explosion and ensuing fire reportedly occurred in the containers stacked at Yantian Container Terminal, Shenzhen, Guandong, China. Fire said to be major, one or more containers’ bottom was burned through, probably container was loaded with lithium batteries. Container or containers which suffered explosion were to be shipped soon - luckily, they exploded while at Terminal, not on board of container ship.Posted On:14-Nov-2017
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Ship collisions at Ctg port raise concerns
Ships have frequently been colliding with each other and running aground at Chittagong port’s outer anchorage and approaches for the last couple of months, raising concerns among ship owners, charterers, shipping agents and other stakeholders. Over 30 such incidents occurred from July to October, according to local representative firms of international protection and indemnity (P&I) ...Posted On:14-Nov-2017
Credits: www.hellenicshippingnews.com |
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QTerminals’ Board of Directors Appoints Neville Bissett as CEO
The Board of Directors of QTerminals, the recently-established operator of the first phase of Hamad Port in Qatar, has appointed Neville Bissett as the company’s first Chief Executive Officer. QTerminals was established as a jointly-owned entity by Qatar Ports Management Company (Mwani Qatar) and Qatar Navigation (Milaha), with the former owning 51% and the latter ...Posted On:14-Nov-2017
Credits: www.hellenicshippingnews.com |
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Governor Brown and Port of Portland Announce New Container Service
Governor Kate Brown, the Port of Portland, and Business Oregon today announced that Swire Shipping will begin container shipping service at the Port of Portland’s Terminal 6. The announcement follows Governor Brown’s recent trade mission trip to Hong Kong, where the Governor and Port representatives met with Swire corporate executives. This new shipping option is ...Posted On:14-Nov-2017
Credits: www.hellenicshippingnews.com |
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