Over past two weeks Vladivostok port faced heavy congestion by import cargoes mostly arriving in containers by major container carriers operating in the area. Congestion has resulted by growth of cargo volume and at the same time congestion on the railway by wagons carrying coal and crude oil. As per Russian Railway press-center office: about 93 cargo trains are now pending in the area of Far-Eastern RW and this greatly reduce productivity of RW traffic.
Oldest British Shipping Company placed into liquidation after 282 years
Privately held British shipping company Stephenson Clarke Shipping Ltd. (Stephenson Clarke), one of the world's oldest shipping companies, is going out of business according to a statement from accounting firm Tait Walker.
According to the statement, the bulk cargo ship operator has been placed into liquidation and sold its last vessel in July. With 282 years of history to draw on, Stephenson Clarke said "the current market is one of the worst experienced for many years with no upturn forecast for at least 12 to 18 months." A spokesman for shipper said, "It is with great regret the company has had to cease trading." More at shipandbunker.com...
Naples port to modernize with 240 million euros in EU funding
The city of Naples has approved a plan to make its port more competitive, attractive, modern, and eco compatible, ANSAMed reports. The approval of the Port Authority's development plan will unfreeze 240 million euros in EU funding for the project to refurbish the port, which has yearly turnover of 680 million euros and employs 5,000 people. The budget allocates 22 million euros to switching the port to alternative energy, including solar panels. Another 90 million euros will go to connecting the port to the railway system, freeing the city of trucks. The project will also separate the commercial from the tourist sections of the port, which is a major Mediterranean cruise stop with 1.5 million people transiting through every year. ''We must step up the pace of these public works, or we will lose the EU funding,'' Naples Mayor Luigi De Magistris said of the overhaul, which is scheduled to begin in 2013, ending in 2015. ''The port is now the city's major economic resource, and represents many opportunities for businesses and tourism.'' ''We presented this great project to the EU, and we defended it until we got the OK,'' Campania Region President Stefano Caldoro said. ''This project will make our port an international hub of Mediterranean traffic, which is favored by our geographical location.''
Abu Dhabi's new Khalifa Port to open on September 1
The new Khalifa Port in Abu Dhabi will open in the nick of time next month as the capital's flagship Mina Zayed terminal is expected to reach full capacity before the end of the year, The National reports.
All shipments handled at Mina Zayed will be gradually transferred to Port Khalifa over the next six months as Abu Dhabi Ports Company (ADPC) expects to handle a record number of containers this year.
"We believe we will hit 800,000 this year," said Tony Douglas, the chief executive.
"So far we had 350,00 at the half [year] and we [will] have 450,000 in the second half, which is more than do-able.
"We think we will hit capacity at Mina Zayed this year."
The opening of Port Khalifa in Taweelah on September 1 will mark the end of five years of reclaiming land, dredging and building to produce one of the most advanced port terminals in the region.
North Sea energy sector activity spurs increase in traffic at Aberdeen
Aberdeen Harbour has recorded significant increases in traffic in the first six months of the year, as activity within the energy sector generally and the North Sea in particular continues to rise.
Continued growth in the oil and gas sector was reflected in the increase in support vessels that used the port over the first six months of the year – up nine per cent from 2,580 in 2011 to 2,814 in 2012 – a further demonstration of the significant role the harbour plays within the energy industry and the benefits it provides to both Scotland and the UK.
The half-year figures detail increases in traffic with both vessel numbers and tonnage on the rise. Total vessel numbers rose by five per cent on the same period last year to nearly 4,000 while shipping tonnage increased by almost nine per cent – from 12.2 million tonnes to 13.3 million tonnes. More to read at www.oilpubs.com/o...
China’s largest bulk shipping company (with 180 ships) established in Guangzhou
Guangzhou: China Shipping Bulk Carrier Co, a subsidiary of China Shipping Development Co, was established in Guangzhou yesterday. The company will gradually integrate all the bulk shipping business of China Shipping Group, and will operate and manage more than 180 of China Shipping’s bulk carriers with a total capacity of 11m dwt, to become the largest bulk shipping company in China and the fifth largest in the world. “China Shipping Bulk Carrier Co has already had strategic cooperations with a lot of big names like Baosteel, Wuhan Steel, Shougang Steel, Shenhua, State Power and so on, the company is expected to have a total capacity of more than 20m dwt by the end of 2015,” the company said in an release.[09/08/12 sinoshipnews.com/...]
Three newbuilding vessels blown away by typhoon Haikui
Shanghai: Although various precautions have been taken by shipyards and ports before Typhoon Haikui arrived, three vessels have been blown away during the largest typhoon to hit Zhejiang Province on August8, 2012. A 57000dwt bulker, a 300000dwt VLCC in Zhoushan Cosco Shipyard, and a 120000dwt bulker in Longshan Shipyard were blown away. In order to prevent more damage, Ningbo Maritime Safety Administration sent two high-power tug boat to search for the missing vessels. Currently all the three vessels has been located and two of them has been retrieved.
Shanghai: Yangzijiang Shipbuilding is not immune to the ongoing crisis in the yards sector. Second quarter profits slid 9% to RMB878m and the yard was forced to cancel six 82,000 dot kamsarmaxes ordered by an unnamed Chinese owner. In the first half, yards controlled by Yangzijiang delivered 30 ships. The backlog stands at 80 ships worth $3.8bn, a mix of bulkers and containerships. Moreover, the yard is reported by Asiasis as being forced to renegotiate its seven plus 18 option 10,000 teu boxship deal with Seaspan as prices for containerships continue to plunge. [09/08/12] sinoshipnews.com/...
APL resumes services to Aden after 2 weeks suspension
Singapore-based container carrier APL has resumed services to and from the Port of Aden, Yemen, after a two-week suspension, JOC reports. “Since the strike at the Aden Container Terminal has been called off, we are reinstating the Aden call with the scheduled of arrival of the vessel APL Spain at Aden on Aug. 4,” the carrier said. www.joc.com/conta...
Four new cranes to be operational at port of Baltimore in September
The Port of Baltimore’s future began its journey to the Seagirt Marine Terminal in April. By September, the monstrous Chinese cargo cranes now installed on rails atop the terminal’s 50-foot berth will be fully operational. The next chapter could be even more important. Schmidt says the four 400-foot cranes — larger, faster and more reliable than the terminal’s seven older models — will improve efficiency at Seagirt long before gargantuan Asian ships start to visit Baltimore, which boasts one of only two United States ports on the East Coast large enough to handle the Super-Post Panamax vessels that carry 22 cargo containers across the deck. baltimore.cbsloca...