BILLION DOLLAR NEWS CAPSULES – SHIPPING
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APM Terminals announced the agreement with Perez y Cia to acquire their majority share (61 percent) in Grup Maritim TCB. As a result, APM Terminals has agreed to acquire 100 percent of the issued shares and to become the sole controlling shareholder of Grup Maritim TCB.
APM Terminals Moin, has announced a number of port project updates enabling Costa Rica’s future economic growth needs through a safe, world-class, high-productivity and environmentally-sustainable container terminal designed to serve the larger vessels entering the Latin American trades, and in particular, the temperature controlled containers through which fresh fruit such as pineapple and bananas are now being transported to Costa Rica’s export markets in North America and Europe.
APM Terminals Maasvlakte II operations has set a record loading in Rotterdam on the Madison Maersk with 17,152 TEU loaded, including ten high above deck stowage. The vessel sails on Maersk Line’s AE-10 string in the Asia/Europe trade lane.
AAL announced the opening of a new office in Vancouver, Canada. This continues the company’s global expansion strategy, which has, in the same month, seen the opening of AAL Korea.
America Chung Nam BV – ACN shipped it’s millionth container from Europe to the Far East. In the presence of suppliers, logistical partners and employees, the one-millionth container was revealed by representatives of all those parties who contributed to this unparalleled result.
ABB and Dutch weather forecasting specialist, MeteoGroup, have won an order from Maersk Line to outfit 140 container vessels with software to optimize routes. The advisory software is aimed at optimizing routes, boosting maritime safety and protecting cargo based on factors including the hull design and the weather, helping them avoid conditions that could be harmful to the ship, its crew or its cargo.
American Cruise Lines, the largest U.S. cruise company, announced a special holiday promotion for all of its 2014 Mississippi River itineraries offered aboard the Queen of the Mississippi. As a special gift for guests who reserve a Mississippi River cruise this holiday season, the line will offer complimentary shore excursions in each port, valued at more than $300 per person.Adani Ports& SEZ Ltd, India announced its Mundra port had handled 151,229 metric tonnes of steam coal in 24 hours from MV Cape Fushen, Large Cape Vessel, carrying steam coal of Indonesian Steam Coal of M/s. Adani Power Limited (APL) thus setting a new national record in coal cargo handling in the country. The Mundra Port’s West Basin terminal, Asia’s largest coal import facility, surpassed the last recorded best coal discharge performance nationally of 122,247 metric tonnes and further surpassed its own record of 115,119 metric tonnes in January 2012. The current handling capacity of west port is 60 MMT of coal per annum.
APM Terminals, according to its CEO, is investing heavily in fast-growing Africa and Russia to counterbalance the lack of growth in mature markets like Europe. Based in The Hague, Netherlands, the port operator has announced its plans to develop a mega-port project and free-trade zone at Badagry, Nigeria, west of the capital Lagos and also the plans to expand ports in Congo, Angola and Liberia. APM Terminals manages or operates 62 ports around the world and is involved in the development of seven new ports.
ANL Singapore Ltd and Agilitywill launch a new joint venture in PNG.. This joint venture company, named ANL Agencies PNG Ltd., will primarily handle ANL’s shipping agency business throughout PNG. Previously the ANL agency functions had been handled by Pacific Shipping Agency (PSA), which was 100% owned and operated by Agility. ANL – part of the major shipping company CMA CGM – has been operating vessels to PNG since 2001.
Atlantic Container Line was recognized as a top supplier by American Honda Motor Co. Inc. The company’s Premier Partner Award to ACL for excellence in International Transporting Services between North America and Europe. ACL was one of 15 award recipients selected from 46 suppliers nominated by American Honda associates out of more than 1,000 eligible companies nationwide.
AtoBviaC ‘s recent upgrade to end user applications for the BP Shipping Marine Distance Tables would enable its users to adjust routes and obtain distances to match their own operations. The changes make it possible for the user to produce deviation reports following changes in voyage destinations. Tanker owners, operators, charterers and ships’ masters are often faced with evaluating changes in trading patterns due to geo-political events and oil supply and demand imbalances. They are used to relying upon AtoBviaC’s BP Shipping Marine Distance Tables to provide accurate and viable distances, based on actual routes, to estimate true costs and to maximise potential profit.
Adani Group’s Mundra Port has announced that it had registered a 16.7 per cent growth in containerized traffic handling for April-November 2012 period on a year-on-year basis, beating the gloomy trend in seen in all other key container handling ports such as the Jawaharlal Nehru Port, Chennai and Pipavav.
APL Logistics and VASCOR announced the formation of a Delhi-based joint venture – APL Logistics VASCOR Automotive – to better serve the growing and increasingly sophisticated supply chain needs of the automotive sector in India. The JV will draw on the supply chain expertise and auto sector experience of two of the industry’s most respected brands.
ABS and the Russian Maritime Register of Shipping (RS) have initiated an extensive joint training program covering survey of Arctic LNG carriers for a team of surveyors drawn from both societies. Classroom instruction at the RS training facilities in St Petersburg, Russia, is to be followed by a prolonged period of field training at shipyards for new construction and on ABS-classed, trading LNG carriers for in-service surveys.
Arabian Gulf remains a dynamic growth centre for ship building and repair, says a leading maritime industry observer. “The region is one of the busiest commercial maritime hubs with the United Arab Emirates, Saudi Arabia, Oman and Qatar having major ports and shipyards with more being built,” said Christopher Hayman, Chairman of Seatrade, organisers of the region’s premier event focused on workboats to be held in Abu Dhabi later this year.
BBC Chartering, the German based global provider of multipurpose and heavy lift shipping services, announced the launch of a new branch office in Bilbao, Spain. The services from the new branch commenced on April 10, 2014. The launching of the new office at Spain follows the recent opening of a French representation of the carrier that it has introduced during January this year.
BBC Chartering’s global chartering operations are pillared on an effective regionalization strategy. Other regional presences of the carrier in Europe are in Antwerp at Belgium, Bremen at Germany, Genoa at Italy, Liverpool at UK, Istanbul at Turkey, and St. Petersburg at Russia. The carrier’s global and European headquarter is located in Leer, Germany.BrazilianPresident Dilma Rousseff approved new regulations to make its ports more efficient and attract up to $12 billion in investments as the country begins to tackle logistics bottlenecks hampering vast farm exports. The estimate is the value of planned private sector port projects already submitted to the government for approval.
Bibby Ship Management has won a prestigious contract with BP Exploration Operating Company to fully manage four Regional Support Vessels (RSV) and an additional two new-build Platform Supply Vessels (PSV) for operation in the North Sea. The award of the contract marks a key milestone for Bibby Ship Management in its drive to build on its expertise in the management of offshore vessels.British International Freight Association (BIFA)has welcomed the news that the US Maritime Alliance and the International Longshoremen’s Association have reached a tentative agreement for a new six-year master labour contract. “The tentative agreement is subject to the ratification procedures of both parties and, as well, to agreements being achieved in a number of local union negotiations.” said George H. Cohen, Director, Federal Mediation and Conciliation Service Director in a statement issued on the labour negotiations between the two sides.Braemar (Incorporating The Salvage Association), (Braemar SA), has taken its successful formula of Lloyds market briefings to Singapore, and launched a new series of market briefings held at both Asia Square, known as ‘mini’ Lloyds, and at a number of corporate headquarters including those of RSA, QBE and First Capital. “Rapid development has seen Singapore evolve into Asia’s marine insurance hub,” said Graeme Temple, Regional Director for Braemar SA in Asia, speaking after this successful event.