LATEST NEWS

  • 01 Jul 2014 8:27 AM | Anonymous

    Original news was published on 30 June, 2014

    Total will drill the first test wells for shale gas in Dybvad, Denmark.Frederikshavn City Council issued the permit after more than three years of research and studies conducted by Total E&P Denmark and state-owned Nordsøfonden.

    Two licenses were originally granted to the companies by the Danish Ministry of Climate and Energy in June 2010. The licenses start with a six-year period to explore the subsoil for shale gas. Construction on the first well will begin at the end of the summer, Total said in a statement.

    However, the permit limits exploration to conventional wells, meaning no hydraulic fracturing. A separate environmental impact study and permit would be required to use the unconventional method, which has raised concerns from environmental groups.

    Production of shale gas in Denmark could possibly start around 2020.

    Denmark’s years of energy independence are coming to an end. According to Danish Energy Agency figures, Denmark can remain energy independent for only about 10 more years. And it is not the only European country eyeing unconventional resources as a way to lessen reliance on imports from both Russia and the U.S. The UK, Spain, Poland and Romania are also considering this option.

    *NEWS SOURCE
  • 30 Jun 2014 8:36 AM | Anonymous

    Original news was published on 29 June, 2014

    NYK IS to take delivery of the first of 10 vessels of 5,370 TEU, the Wide Alpha, built by Hanjin's Subic Bay yard, Philippines assigned to the Asia-ECSA joint service from PIL, K Line, NYK and HMM. The vessel was chartered by NYK in January for a period of eight to 10 months along with sister ship the Wide Bravo for deployment on the same service to replace conventional over-panamax ships of 4,538 TEU.

    The Wide Alpha is owned by US private equity firm Oaktree Capital and managed by Germany freight line Rickmers Reederei and Schulte Group since contract in May 2013.

    These ships are fitted with 650 reefer plugs (up to 20 per cent of the ship'seffective TEU capacity), making them interesting candidates for reefer-heavy trades, especially those related to ANZ and to some Latin America trades.

    They can move at 21.5 knots, propelled by a fully electronically-controlled slow speed engine of 28,260 kW designed by MAN-B&W (model G80ME-C9 in six-cylinder version), allowing the ships to optimise fuel oil consumption while slow steaming.

    This new model burns four to five per cent less fuel than the best common engines currently in service, thanks to this unusual stroke-to-bore ratio, the ultra-long stroke design.


    *NEWS SOURCE

  • 30 Jun 2014 8:34 AM | Anonymous

    Original news was published on 29 June, 2014

    Hamburg Süd christened its new container ship “Cap San Raphael” at Hamburg
    On Friday, June 27, Hamburg Süd christened its new container ship “Cap San Raphael” in the presence of 700 guests at the Burchardkai Terminal in the Port of Hamburg. The ship’s Sponsor is Ingeborg Schäuble, former Chair of the German Welthungerhilfe and wife of the German Finance Minister, Dr. Wolfgang Schäuble.

    Other participants in the ceremony included Dr. h. c. August Oetker, Chairman of the Advisory Board of the Oetker Group, and Hamburg Senator for Economic Affairs, Frank Horch.The “Cap San Raphael” is one of six new container ships built for Hamburg Süd by the Korean shipyard Hyundai Heavy Industries in Ulsan.

    She is currently – like her sister ships – deployed in the liner service between Europe and the East Coast of South America. The newbuilds in the Cap San class, with their nominal slot capacity of 9,600 TEU are the biggest ships in the shipping group.With 2,100 reefer slots, they have the largest reefer capacity worldwide and highlights Hamburg Süd‘s capacity in one of its core competences: transportation of refrigerated goods.

    *NEWS SOURCE

  • 28 Jun 2014 2:27 PM | Anonymous
    Original news was published on 27 June, 2014

    Damco opens first warehouse and container freight station in Myanmar
    THIRD-party logistics provider Damco has started operations at its first warehouse and container freight station (CFS) in Myanmar, a 4,000-square-metre facility that is C-TPAT compliant and near Yangon's ports and industry.

    The CFS will serve import/export activities for fast moving consumer goods, consumer electronics, apparels, components, machinery and project cargo, a company statement said.

    "After acquiring an operating license in 2013 and opening a new office in Yangon, we strengthened our position in Myanmar," said managing director of the Thailand, Malaysia and Myanmar cluster, Kiattichai Pitpreecha.

    "This state-of-the-art, international standard CFS facility enables us to provide superior service to our customers through direct control and management of the entire operation and service delivery process."

    *NEWS SOURCE

  • 28 Jun 2014 2:25 PM | Anonymous
    Original news was published on 27 June, 2014

    Acco Foreign Shipping has handled the transport of a transformer from the U.S. to Escuintla, Guatemala.

    The shipment consisted of 12 pieces with measurements ranging from  118 tons to 219 cubic meters, GPLN said in a statement on behalf of its Miami, Fla.-based member. The main unit of the transformer weighed 78 tons and measured 6 meters long, 4 meters wide and 4.5 meters high.The remaining cargoes weighed from 1 to 3 tons each.

    Due to the weight and size of the main unit, Acco chartered a vessel to carry the breakbulk cargo from the Port of Long Beach in California to Puerto Quetzal, Guatemala. The accessories were transferred to an export packer specialist near the port and packed in heavy-lift closed crates, which took about two weeks. The transformer arrived several weeks after the crates were ready for shipping.

    By the time the transformer arrived to the port, the induced vessel was already berthed waiting for its arrival to start the loading process. Loading took only four hours, and by noon, the breakbulk carrier was ready to sail toward Puerto Quetzal, Guatemala.

    The transit time was eleven days and when the captain was tendering the notice of readiness to Puerto Quetzal’s Authorities, he was asked to move to an anchorage area as vessels were loading with sugar for export. After a four-day delay, Puerto Quetzal authorities gave a window to unload the cargo. The unloading began at midnight and took only three hours.

    The 11 crates were stored in the import warehouses adjacent to the dockside and the main unit was unloaded from the vessel onto a 13-axle lowboy and left in the yard for customs clearance. Finally, Acco delivered the transformer and its accessories to the jobsite.


    *NEWS SOURCE

  • 27 Jun 2014 8:51 AM | Anonymous

    Original news was published on 26 June, 2014

    GERMANY's Hapag-Lloyd and Japan's Mitsui OSK Lines (MOL) are to restructure their joint services on Europe-West Africa trade following Israel's Zim departure from both services.

    The carriers will merge the weekly North Europe to West Africa loop (WAX/ARN) with their fortnightly Med-West Africa loop (WMX/ARS) into a single weekly service, starting the end of June.

    The merged loop will reduce its capacity from 3,700 TEU a week to 2,500 TEU and add a UK call of London-Gateway while Lome and Cotonou will no longer be served, said Alphaliner.

    The service will turn in six weeks using six ships of 2,500 TEU of which five are already deployed on the carriers' joint North Europe-West Africa service.


    *NEWS SOURCE

  • 27 Jun 2014 8:49 AM | Anonymous

    Original news was published on 26 June, 2014

    The NCA, Western Coastal Administration (KYV-V) officially celebrated the opening of the modernised Kvitsøy Vessel Traffic Service (VTS) Centre, which was renovated as part of the $5.98m national VTS upgrade project, on June 11, 2014.

    With a new KNC developed C-Scope VTS system and six new radars, the Kvitsøy VTS Centre is now better equipped to regulate and monitor ship traffic along the Rogaland coast of Norway, and ensure safe, efficient maritime transportation.

    “The Kvitsøy VTS Centre has a more flexible VTS system based on the latest in integration technology. The system saves time for maritime traffic management and provides a better basis for maintaining maritime traffic safety,” said John Erik Hagen, Regional Director, KYV-V.

    All five Norwegian VTS Centres within the framework contract will be completed by 2018.

    With C-Scope VTS installed nationally, the NCA goes from using three different VTS systems to a single common and unified maritime domain awareness system from KNC.

    The C-Scope unified maritime domain awareness system is tailored to the operational and administrative tasks for securing safe and efficient maritime traffic along the coast of Norway.

    It integrates various monitoring and communication systems, including the Automatic Identification System (AIS), radar and VHF communications.

    With the help of multi-sensor tracking, information from these various systems is combined in order to provide a comprehensive situation picture of vessel traffic.

    The new system calculates all the possible conflicts in traffic and arrival times based on vessel speed and course. In addition, nautical charts are updated automatically.

    The new C-Scope system also makes it possible to follow a vessel automatically with one or more CCTV surveillance cameras, while providing for automatic and manual highlighting of vessels that require special attention.

    *NEWS SOURCE


  • 26 Jun 2014 11:34 AM | Anonymous

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  • 26 Jun 2014 8:54 AM | Anonymous
    Port Klang's Northport expands Wharf 8 to attract 18,000-TEUers

    NORTHPORT, the smaller of the two container shipping terminal operators at Port Klang in Malaysia is investing MYR350 million (US$136 million) to build the new wharf 8 to attract more calls from vessels of up to 18,000 TEU.

    According to local media reports, CEO Abi Sofian Abdul Hamid said Northport aims to be included in more box shipping service loops on a regular basis by the main line operators. So far it has handled ships of up to 14,000 TEU.

    Mr Abi Sofian said the construction of wharf 8, now at the tendering stage, is expected to begin by year-end.

    "The development of wharf 8 leans more towards capability building rather than increasing capacity. By upgrading wharf 8, annual capacity will increase by 300,000 TEU, but the main objective is that ships as big as 18,000 TEU could call at our port anytime."

    Northport's annual capacity is 5.6 million TEU at present, far below the 2.9 million TEU handled last year. The port head also noted that if more major contenders call, the port would attract more cargo and feeder lines.

    However, for such ultra-large box ships to call at the port, or make the terminal part of more global carrier networks, the port requires a strong wharf, reported SeatradeGlobal.

    "We cannot just put big handling cranes on the existing wharf as they could not withstand the load."


    *NEWS SOURCE
  • 26 Jun 2014 8:52 AM | Anonymous
    Made-in-China Volvos to be exported in 2015 to US as local sales soar

    SWEDISH carmaker Volvo said it will start exporting China-made sedans, a long wheel-based S60L to the United States and the XC90 utility crossover to Russia late next year, Reuters reports.

    Zhejiang Geely Holding Group Co, whose plant makes the cars, is being watched as a model for other companies that have had troubles managing major consumer brands.

    Zhejiang Geely Holding Group Co bought Volvo from Ford four years ago and many doubted it could turn around the loss-making company while still protecting the brand.

    Others had similar troubles. Lenovo had trouble maintaining market share possessed by IBM, when it bought its personal computer business in 2005, though the company has done better since.

    SAIC Motor Corp, which purchased half of South Korea's SsangYong Motor Co in 2004 but had to sell its stake after SsangYong's business slumped in 2008 downturn.

    But Yale Zhang, head of Shanghai-based consulting firm Automotive Foresight, said Volvo's outlook now looked "impressive", as Chinese demand for entry-level luxury cars soared.

    Geely's Chengdu plant makes the S60L while its Daqing plant in far north eastern Heilongjiang province, makes the XC90.

    Domestic Volvo sales are expected to increase nearly 50 per cent year on year to more than 90,000 vehicles in 2014, said a senior executive, adding that would make China its biggest market ahead of the US.

    Volvo's two plants in China should be able to achieve full capacity of about 250,000 vehicles a year by about 2018, helping to drive domestic sales, he said.


    *NEWS SOURCE

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