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.: 13-Apr-2019 :. Search News
Displaying 1 to 8 of Records.
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Tech Startups To Innovate Ports And Beyond
PSA unboXed, the Singapore-based innovation and corporate venture capital arm of PSA International, and Israeli-based theDOCK Innovation Hub have entered into an agreement to invest in startups to leverage innovative technologies that will benefit the port, maritime and supply chain sector.
Under the agreement, theDOCK will facilitate for PSA unboXed, scouting, screening and investment in promising startups which provide solutions addressing specific challenges cited by PSA.
Elton Fong, vice president of PSA unboXed, said: "PSA unboXed endeavors to be a thought leader and the go-to partner in the startup ecosystem for ideation, co-creation and validation of technology and solutions for the port, maritime and supply chain spaces. We believe that this strategic partnership with theDOCK will help PSA benefit from Israel’s vibrant innovation ecosystem, and improve the dynamism of the industry."
Hackathon
The partnership between PSA unboXed and theDOCK will begin with a first ever maritime tech Hackathon in Israel this June. The event will be solely dedicated to a list of challenges which reflect the digital transformation needs in the port and shipping sector.
An early study conducted by theDOCK demonstrated the relevance of many innovative startups to these emerging needs. Such technologies span over IoT, AI, BI, Data Science, AR/VR, Cyber to name a few.
PSA unboXed has already participated in the Demo Day of theDOCK’s Wave1 PORTfolio startups and the Screening Day of Wave2.

Posted On:13-Apr-2019



Credits: www.bunkerportsnews.com

DP World set sights on more Latin American ports
Dubai-based ports operator DP World is eying concessions in between five and seven Latin American ports in the next year, according to the company s chief operating officer, Mahmood Al Bastaki.
Speaking on the sidelines of the Global Business Forum Latin America 2019 in Panama City, Al Bastaki said that DP World "has a big focus" on the region.
"There are lots of ports that require advanced equipment and know-how," he said, noting that DP World already has a presence in Peru, the Dominican Republic, Argentina, Brazil and Chile, where in January it acquired a 71.3 percent stake in port operator Pulogsa.
In the pipeline, Al Bastaki said that there are "five or seven ports" in which concession announcements are expected over the course of the next year.
"It s all under negotiation," he said. "We d do concession agreements, and we d prefer long-term ones. A port is a long-term investment. Wherever we go, we do capacity building, we make jobs for the local economy and local talent have an opportunity to get into a strategic business."
Stability
According to Al Bastaki, Latin America is a particularly attractive region for DP World because of its relative stability compared with other parts of the world.
"It (Latin America) is in good shape. Lately Venezuela has been having some problems, but other than that, the whole continent is in a safe condition," he said.
"When there is war, [countries] won t get into consuming or spending, and this will effect world trade. Even in our business as port terminal operators, we won’t carry much carry because there is no demand."
He added: "I expect a big growth in trade [from Latin America]. Brazil has always been the main player, due to its size and manufacturing. There s been a little bit of a slowdown, but this is bound to grow."
In 2018, DP World invested $3 billion in diversifying its global business portfolio.
Among its projects were the acquisition of an 100 percent stake in a Peruvian logistics firm, Cosmos Agency Maritima SAC, for $315 million.
The acquisition of the company, which also operates freight services, gave DP World a 50 percent stake in Terminales Portuarios Euroandinos SA in the Peruvian port of Paita, the second largest container terminal in the country.

Posted On:13-Apr-2019



Credits: www.bunkerportsnews.com

Korean Sinokor, Heung-A Combine Container Shipping Services
South Korean liner shipping companies Sinokor Merchant Marine and Heung-A Shipping will begin integrating their container shipping service businesses next week.
With the combination of services, the duo intends to achieve economies of scale and improve competitiveness in a challenging market.
The integration of services will be followed by a full merger of the two companies in October 2019.
On April 11, 2019, the two parties signed an agreement on the integration of container shipping services, according to a statement issued by Korean Ministry of Oceans and Fisheries (MOF).
The deal is a follow-up to the Korea Shipping Partnership launched by South Korean container carriers back in 2017. The partnership is aimed at strengthening the country s shipping industry following the collapse of Hanjin Shipping.
Sinokor and Heung-A are to integrate offices and routes in phases, with the Southeast Asia route to be merged first and China/Japan, Korea/Japan routes until December 2020, as explained by the ministry.
Once the process is finalized, the new shipping company will be the third largest in South Korea and the world s 19th, with a capacity of nearly 90,000 TEU.

Posted On:13-Apr-2019



ITF Putting Pressure on Germany s Bluships over Seafarer Rights Issues
The International Transport Workers Federation (ITF) is launching an operation against German shipping company Johann M. K. Blumenthal, citing the company s "continued refusal to recognise seafarers welfare and rights."
As explained by ITF, the operation will see the ITF Inspectorate auditing the Blumenthal fleet in ports around the world.
"Following the detention of the Anna-Elisabeth by Australian authorities and other breaches on vessels in European ports, safeguarding the rights of seafarers working on Blumenthal ships is now the ITF Inspectorate s number one priority," said ITF inspector and leader of the operation, Sven Hemme.
"ITF inspectors will be inspecting Blumenthal vessels across the globe to ensure that their crews are paid properly, adequately fed and that all of their rights are being upheld," Hemme continued.
In addition to announcing the targeted operation April 12, the ITF also invited Blumenthal s president Matthias-K Reith to work with the global union federation to raise standards for workers across its Flag of Convenience (FoC) fleet.
:The ITF is challenging one of Germany s oldest shipping companies to modernize its business practices in line with what is expected of multinational companies in 2019," said Hemme.

Posted On:13-Apr-2019



ABB to Power New Seabourn Expedition Cruise Ships
Swiss-Swedish technology company ABB has been contracted to deliver power and propulsion systems for Seabourn s two new expedition cruise ships.
The Seattle-based Seabourne Cruise Line is set to receive the two 170-meter units from Italian yard T. Mariotti, in June 2021 and May 2022 respectively.
The first ship was named Seabourne Venture in March 2019 while the second one is yet to be named.
Built to Polar Code 6 hull specifications, the 264-passenger capacity vessels have been designed for the polar expedition market.
ABB s power and propulsion technology for the 23,000 gross ton ships will integrate main generators, switchboard, convertors, bow thruster motors and the remote control system in a single package. The order also includes twin 6MW Azipod propulsion units.
"The selection of ABB s Azipod propulsion was a natural decision for Seabourn because, in conjunction with our PC6 ice strengthened hull, they will provide excellent maneuverability and operational control in the polar and other regions around the globe," said Rick Meadows, president of Seabourn.

Posted On:13-Apr-2019



bremenports to Develop New Deep-Water Port in Iceland
German bremenports has reached an agreement with Icelandic partners to form a company with an aim of establishing a port and industrial location at Finnafjord.
Under the deal, signed on April 11, the parties would form the Finnafjord Port Development Company (FFPD) for the project, expected to be developed over the next several decades.
bremenports will initially hold 66 per cent of the shares in the port development company. EFLA will have a shareholding of 26 per cent and the remaining 8 per cent will be held by the Icelandic municipalities.
According to the Memorandum of Understanding, the project covers a deep-water port at Finnafjord in the municipality of Langanesbyggo, to the south-east of Thorshofn in the north-east of Iceland and an industrial park for supplies to the port and for industrial/commercial activities.
Additionally, the project covers infrastructure development for the port and the planned industrial enterprises at the location, including electricity and water supply as well as road connections; and evaluation and implementation a duty-free and tax-free zone in connection with the operation of the port and industrial facilities.
Full implementation of the project could take more than 40 years, the parties said, adding that the entire costs of quay construction etc. are to be assumed by the concessionaires. Also, there are public infrastructure links which have to be closed between the infrastructure to be built by the
concessionaires and the national road, energy grid, water and telecommunications grids.
"The port project in Iceland provides a concrete long-term perspective for development that will undoubtedly continue for several decades. It creates conditions that will enable sustainable development of the Arctic and will help to make the emergent new shipping routes safer," Martin Günthner, Senator for Economic Affairs, Labour and Ports, said.
The site for which plans are now to be drawn up is comparatively large and has space for the construction of 6 km of quays and the development of more than 1200 hectares of hinterland. The water in the bay is almost 20 metres deep.
The initial idea for this project dates back to the year 2007, when the Icelandic central government, together with the municipalities of Langanesbyggo and Vopnafjaroarhreppur, commissioned EFLA, an Icelandic consultant company, to investigate the feasibility of creating a port and industrial location at Finnafjord and to find suitable partners for planning the project.
A corresponding cooperation agreement was signed between EFLA, bremenports and the municipal governments in 2014. Following the positive outcome of the preliminary investigations, the preparation of this new agreement began in 2016.

Posted On:13-Apr-2019



ISSA Seeks IMO Member States Action over Unfair Port Access Practices
The International Shipsuppliers & Services Association (ISSA) has called on the International Maritime Organization s (IMO) member states to act over unfair port access practices levied against ship suppliers.
Addressing delegates attending the 43rd session of the IMO Facilitation Committee (FAL43), ISSA Secretary Sean Moloney said association members continue to experience an unwarranted delay, obstruction and unfair charges when they wish to enter ports to deliver stores to ships.
"When the ISPS Code was devised and passed into IMO law, we worked hard to ensure that the role of the ship supplier was highlighted, recognised and incorporated into the legislation," he noted.
Moloney explained that supplies to vessels are governed and driven by ship owners and managers. For every ship supply delivery, full documentation is needed.
"In 2016 when the legislation was updated, we again produced a detailed booklet highlighting the agreed operational parameters within which ship suppliers would operate to ensure both the spirit and letter of the law were observed during ship supply operations," Moloney said, adding that ISSA wants to draw the committee s attention to the lack of cooperation by port authorities with ship suppliers.
"Daily our members - and we are sure non-members also suffer similar obstruction - encounter unwarranted delays, unworkable time slots for stores deliveries and absurdly high charges by some ports simply to allow a stores truck to enter and go about its lawful business."
Quoting three examples of such practices, ISSA reminded delegates that a detailed examination of the port rules shows that they fly in the face of what is set out in the ISPS Code.
"In addition, they are having an adverse impact on ship operations because, trite though the phrase might be, ships can’t sail without stores."
"We would respectfully ask that another reminder is sent to member states that ship supply has to be treated properly as our members have a right to go about their business serving the global fleet within the terms set out in the ISPS Code," Moloney pointed out.
"Furthermore, we ask that member states remind their relevant departments that the ISPS Code is not to be considered as a money-making venture but a co-ordinated legal framework which has very successfully protected ports and ships globally from any harm as a result of security breaches," he concluded.

Posted On:13-Apr-2019



Floating dock with 2 ships inside broke in two, crane collapsed, ships taking on water
Floating dock at Tuzla Ship Repair Yard, Turkey, Marmara sea, on reportedly, Apr 12, broke in two, dock s crane collapsed, but luckily, nobody was killed. Two rcane operators were injured. There were two dry docked ships in floating dock, one identified as asphalt tanker SEAPOWER, another one, dry cargo ship, can t be identified. SEAPOWER was taken out of dock after it was flooded. Reportedly both ships started to take in water after dock flooding, but at least with SEAPOWER, situation understood to be under control.

Posted On:13-Apr-2019
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