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.: 21-Jun-2018 :. Search News
Displaying 1 to 16 of Records.
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KoPT transloading gets a boost with capesize vessels
Transloading at Kolkata Port Trust (KoPT) today got a boost after successful handling of a smaller capesize vessel at Sagar.
Capesize vessels are large dry cargo ships and have a capacity to handle 90,000 to 1,30,000 tonnes.
"For the first time, KoPT has entered the league to handle a capesize vessel. So far, it was handling Panamax vessels," KoPT chairman Vinit Kumar said here at the transloading site on sea.
Kolkata Dock's Deputy chairman S Balaji Arun kumar also accompanied him along with other senior officials.
Panamax ships have cargo capacity of up to 75,000 tonnes.
Today's operation has enabled the riverine port to handle almost double the cargo from a single ship compared to unloading through normal port operations.
In addition, this would ensure continuous carrying large volume of transloading activity round the year at the sagar point, which is about 25 nautical miles from Haldia.
The baby cape vessel has brought 54,000 tonnes of coal from Indonesia for two corporate importers and entire cargo will be transloaded by two mobile cargo cranes.
KoPT has engaged a private operator for the transloading activity that involved two floating cranes and one floating jetty outside the lockgate of Haldia involving an investment of about Rs 170 crore.
Importers prefer cargo movement from Haldia due to faster and better rail connectivity, an official from the transloading service provider of the port said.
KoPT said post monsoon target is to handle full cargo cape size ship transloading at sandheads which is 40 nautical miles deep into sea from Sagar.
During the remaining six months, transloading is not possible at sandheads due to rough sea.
"Currently, most of the ships unload two-thirds of cargo at Paradip and one third at Haldia. But, under this trial with the baby cape size vessel, now two third of cargo has come to Kolkata port. Target is to offload entire cargo at KoPT at least during November - March period of the year, " Kumar said.
He laid great emphasis to transloading as it can rake up cargo handling overcoming perennial draft issues that restrict larger vessels from entering the port jetties.
The rated capacity of transloading operation is of three million tonne of additional cargo for the port but the private operator said it can handle up to four million tonne cargo giving direct revenue boost to KoPT.
KoPT handled highest traffic of 57.88 million tonne of cargo in the last fiscal that pushed the port's operating surplus (excluding dredging) to Rs 838.05 crore from Rs 659.27 crore in 2016-17, recording a rise of 27.12 per cent.

Posted On:21-Jun-2018



Credits: www.indiaseatradenews.com

Connectivity offers game-changing opportunity for India, Bangladesh
Connectivity offers a "game-changing" opportunity for India and Bangladesh and bilateral ties can act as a catalyst for strengthening regional and sub-regional cooperation, the envoy of the neighbouring country said today.
Speaking at a seminar here, Bangladesh High Commissioner to India Syed Muazzem Ali said the two countries were working to restore road, rail, and coastal shipping links that had existed in the pre-Partition period.
"At the same time, new land ports and better infrastructure are built to facilitate greater trade. Bangladesh-India bilateral ties can also act as a catalyst for strengthening regional and sub-regional cooperation and integration," he said.
Bangladeshi Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi are deeply committed to promote the bilateral relations for the betterment of the people of the two countries, Ali said at the seminar titled 'Bangladesh's Graduation from LDC: New Frontiers and Horizons for India Bangladesh Economic Engagement'.
The seminar here was organised by the Bangladesh High Commission in collaboration with the Federation of Indian Chamber of Commerce and Industry (FICCI), to celebrate the eligibility of Bangladesh for graduation from LDC (least developed country) status.
On March 15, the United Nations Committee for Development Policy (CDP) announced that Bangladesh had met the graduation criteria for the first time.
In view of Bangladesh's economic achievement, the Bangladeshi envoy said there was enormous scope to combine the two countries' synergies particularly in the areas of connectivity, trade and commerce and energy.
This would be of mutual benefit for India and Bangladesh and for the region, he said.
"Connectivity offers a game-changing opportunity for India and Bangladesh which would bring about unprecedented benefit for us as well as for the region, Ali said.
Noting that Bangladesh figures prominently in Prime Minister Modi's 'Act East' policy, he said both countries were working on strengthening sub-regional cooperation within Bangladesh, Bhutan, Nepal and Northeast India under the BBIN (Bangladesh, Bhutan, India, Nepal) initiative as well as strengthening inter-regional cooperation with Southeast Asian countries under the aegis of BIMSTEC and ASEAN.
The Motor Vehicle Agreement could start operation soon as the three countries - Bangladesh, India and Nepal - have ratified the pact, while Bhutan would join later, the envoy said.
"All these connectivity projects will facilitate the exploration of more opportunities through trade and investment," he said.

Posted On:21-Jun-2018



Credits: www.indiaseatradenews.com

Shreyas Shipping & Logistics takes delivery of vessel 'M.V. SSL Krishna'
Shreyas Shipping & Logistics, India's first & only container feeder owning and operating company, has taken a delivery of multipurpose vessel M.V SSL Krishna on 19-June-2018, at 2030hrs.
With this acquisition, the total fleet strength of the company reached 14 vessels.
Shares of the company gianed Rs 7.70, or 1.55%, to trade at Rs 503.90 at the BSE (Wednesday).

Posted On:21-Jun-2018



Credits: www.indiaseatradenews.com

Disabled Dutch container ship towed to Rotterdam
Container ship MARJA was disabled around noon Jun 20 in North sea, while en route from Immingham to Rotterdam, understood it was mechanical failure. Tug was deployed, MARJA was taken on tow and arrived at Rotterdam same day.

Posted On:21-Jun-2018



California Unveils Plan to Cut Emissions, Protect Whales
Partners in an initiative to cut air pollution and protect whales announced the launch of the 2018 incentive program, which will start July 1 and end November 15, 2018, with voluntary vessel speed reduction (VSR) zones in the Santa Barbara Channel region and San Francisco Bay area.
For the 2018 program, financial incentives will be awarded to shipping companies based on the percent of distance traveled by their vessels through the VSR zones at 10 knots or less and with an average speed that does not exceed 12 knots.

Posted On:21-Jun-2018



CM Port Invests Final USD 584 Mn in Sri Lanka s Hambantota Port
China Merchants Port Holdings (CM Port) has invested the final tranche of USD 584.2 million in Sri Lanka’s Hambantota Port after acquiring an 85 percent stake in the port last year.
This makes the highest-ever foreign direct investment (FDI) received by Sri Lanka to date, according to Sri Lanka Ports Authority (SLPA).

Posted On:21-Jun-2018



Panamax bulk carrier grounding, Netherlands
Bulk carrier HARROW in full load ran aground at around 06 40 UTC Jun 20 on Wester Scheldt in front of Vissingen, while moving upstream to Terneuzen. Judging from track, the ship suffered mechanical failure and strayed off fairway, reducing speed. She was refloated in less than an hour with the help of several tugs, taken back to fairway and moved to anchorage off Terneuzen. As of 0915 UTC, status unclear, looking like she s anchored, still surrounded by tugs. No information on damages. HARROW is loaded with iron ore, arrived from Brazil.

Posted On:21-Jun-2018



COSCO Shipping Lines Welcomes Another 14,500 TEU Boxship
China s COSCO Shipping Lines has welcomed to its fleet another 14,500 TEU newbuild, COSCO Shipping Denali. The naming and delivery ceremony for the ultra large container vessel (ULCV) was held at Jiangnan Changxing Shipbuilding on June 13, 2018.
Flying the flag of Hong Kong, the newbuild has a length of 366 meters and a width of 51.2 meters. Its market value currently stands at USD 88.11 million, VesselsValue s data shows.

Posted On:21-Jun-2018



Yinson Starts Talks on Nigerian FPSO Deal
Malaysia s FPSO & FSO service provider Yinson Holdings has started exclusive negotiations for a potential supply and charter of a floating production storage and offloading (FPSO) unit off Nigeria.
The company unveiled the plans to provide an FPSO to the country s First Exploration & Petroleum Development Company (First E&P) for processing hydrocarbons from the Anyala & Madu fields under Oil Mining Leases 83 & 85, offshore Nigeria.

Posted On:21-Jun-2018



Grindrod Shipping Begins Trading on NASDAQ
Grindrod Shipping Holdings, a Singapore-based provider of maritime transportation services in the drybulk and liquid-bulk sectors, began trading on NASDAQ on June 18.
Grindrod Shipping holds the shipping business spun out of Grindrod Limited, a company listed on the Johannesburg Stock Exchange. Following the listing, Grindrod Shipping will be an independent, publicly traded company with separate public ownership.

Posted On:21-Jun-2018



Thenamaris Orders LNG Carrier from Hyundai Heavy
Greece-based ship manager Thenamaris has placed an order for a large liquefied natural gas (LNG) carrier with South Koreas shipbuilder Hyundai Heavy Industries (HHI). Under the deal, signed on June 13, the shipbuilder is scheduled to deliver the new unit in September 2020. The 81,500 dwt vessel will have a capacity of 174,000 cbm, data provided by VesselsValue shows.

Posted On:21-Jun-2018



CMA CGM to Acquire Containerships
French container shipping giant CMA CGM has decided to acquire Containerships, a Finland-based company specialized in the intra-European market. As informed, CMA CGM has signed an agreement with Container Finance pursuant to which the container shipping and logistics business Containerships and Container Finance s holdings in Multi-Link Terminals and CD Holding will become part of the CMA CGM Group.

Posted On:21-Jun-2018



Singapore to use technology to enhance maritime safety
The Maritime and Port Authority of Singapore (MPA) announced that it will be embarking on several new initiatives as part of continued efforts to enhance safety at sea, especially in the Port of Singapore.
To capture vessel movements more efficiently and accurately, MPA will upgrade the Vessel Traffic Information System (VTIS) this year. This includes improvements to the resolution of CCTV and video analytics capabilities, and expansion of the data bandwidth between the VTIS and radar stations to enhance situational awareness through ensuring high resolution radar plots.

Posted On:21-Jun-2018



APM Terminals India Pvt. Ltd. receives Authorized Economic Operator certification - the internationally recognized security
Instituted by the World Customs Organization, the Authorized Economic Operator certification, AEO, is a program that aims at preventing unlawful trade across borders andfacilitating legitimate tradedesignates. By getting the AEO certification, APM Terminals India Pvt. Ltd. is acknowledged as a secure and reliable trade partner in the global supply chain and will enable delivery of higher efficiencies and speedexport-import services.

Posted On:21-Jun-2018



Credits: www.bunkerportsnews.com

Energy Monitoring Is Part Of Automation
Energy monitoring is becoming increasingly important in container terminal management as terminals look to automation, the global vice president of sales, ports & terminals at Identec Solutions has said.
Operators are under pressure to reduce energy consumption and refrigerated containers (reefers), which are often managed by an automated system, consume around 50% of energy at ports. This needs to be reduced to reduce costs, improve efficiency and green operations, said Stephan Piworus.

Posted On:21-Jun-2018



Credits: www.bunkerportsnews.com

KPA purge linked to quest for efficiency
The government has assured users of Mombasa port of efficiency and enhanced services following the recent board and managerial changes made at Kenya Ports Authority (KPA).
Transport and Infrastructure Cabinet Secretary James Macharia said at the International Road and Transport Research conference in Mombasa that the changes were meant to address challenges such as cargo pile-up which have plaqued East Africa s largest port for long.

Posted On:21-Jun-2018



Credits: www.bunkerportsnews.com
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