|.: 30-Jun-2018 :.
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Cocaine seized on container ship CAP SAN SOUNIO, probable crew complicity
Peruvian Drug Enforcement agency officers searched very large container ship CAP SAN SOUNIO in the morning Jun 29 at Callao container terminal, on arrival from Buenaventura, Colombia. They found and seized 24-kilo shipment of cocaine, hidden in a compartment under cargo deck in Row 04 Bay 64 Aft area, cocaine is believed to be destined for Europe. The place where cocaine was found implies possibility of crew complicity, it wasn t hidden, as in majority of container ships drug busts, in container. At least one crew is detained and interrogated as a suspect. As of morning Jun 30, CAP SAN SOUNIO was still at Callao.
Star Bulk Secures Financing for Newbuilding Trio
Greek bulker owner Star Bulk Carriers Corp said that CSSC (Hong Kong) Shipping Company Limited will provide USD 104.4 million to finance the remaining capital expenditure for its three newly-acquired bulkers.
Under the terms of the deal, the remaining amount of USD 103.8 million will be covered via a ten-year capital lease.
Hapag-Lloyd Downgrades Profit Forecast for 2018
German container shipping line Hapag-Lloyd has lowered its profit forecast for the financial year 2018 amid increasing operational costs.
This in particular relates to fuel related costs and charter rates combined with a slower than expected recovery of freight rates in the first five months of this year, the liner explained.
Bow Jubail Moved to Rotterdam Yard for Repairs
The chemical tanker Bow Jubail has been moved to the yard in the Port of Rotterdam following the collision with a jetty, Odfjell said.
A class surveyor has attended the vessel for survey, and repairs will be conducted accordingly, the ship s operator added. As informed, work is estimated to take about one week.
Jamaica-Panama Activates Port, Aviation Management Agreement
The management of ports and aviation systems is one of the major areas of collaboration in the joint commission between Jamaica and Panama. An agreement for the establishment of the joint commission was signed in June 2016 and has now been activated. The agreement seeks to provide a framework to foster the exchange of technical expertise.
Chennai Port takes lead in wooing Kia Motors
Competition is getting intense among the ports of Chennai, Kamarajar and Katupalli (both at Ennore) and Krishnapatnam (in Andhra Pradesh) to woo South Korean auto major Kia Motors, which is setting up greenfield project at Anantapur in Andhra Pradesh. The ports are eyeing both import of machinery for the plant and also exports of car once the plant is commissioned.
70% of Transactions at Ports Not Compliant with Trade Rules
The Customs Area Comptroller of Tin-Can Customs Command, Nigerian Customs Service (NCS), Musa Baba Abdullahi, has disclosed that only 30 per cent of transactions at the ports comply with the requirements for trade.
Abdullahi, who made this known during a courtesy visit by members of the Shipping Correspondents Association of Nigeria (SCAN), stressed that compliance to trade rules was germane for trade facilitation to exist.
Gothenburg Port Authority extends and renews port tariff discounts for environmentally friendly vessels
In 2015, the Port of Gothenburg introduced an environmental discount on the port tariff in an effort to increase the number of calls by ships running on liquefied natural gas (LNG). Several major LNG investments have been made since then,