LATEST NEWS

  • 12 Jun 2014 8:54 AM | Anonymous
    Performed simultaneously in two yards in India and one in Oman

    Lift & Shift India Pvt (LSPL) has completed the loadout of 17 modules for Larsen & Toubro at their yards in India (Hazira, Gujarat and Katupalli in Chennai and Tamil Nadu) and in Oman at Sohar.

    The modules and related cargoes were for the B-127 and HRP fields in Mumbai High and Yetugon in Myanmar. The B 127 project included four decks and four jackets, while the HRP project had three decks and three jackets, Lift & Shifts said in a statement. The Yetugon project consisted of one jacket, one deck, one crane and four sets of piles. The loadouts were done simultaneously.

    LSPL  provided a set of 100-plus axles and barges at each location. The jackets weighed from 1,227 tons to 3,500 tons. The 140-meter-long Yetugon jacket loadout was the first time a jacket was loaded out using a skidding technique, LSPL said in a statement. The company imported heavy-duty winches and a ballast monitoring system in addition to the strand jacks. The operation lasted 36 hours, which included moving the jacket from the yard to the jetty over 140 meters and then skidding it onto a 400-class barge.

    The loadouts were completed over six months.

    *NEWS SOURCE

  • 11 Jun 2014 8:53 AM | Anonymous
    CHINA International Marine Containers (CIMC) is investing CNY3 billion (US$480.7 million) in building a new 450,000-TEU container manufacturing plant in Yinzhou, Ningbo, marking its second expansion project in China this year.

    In March, CIMC, the world's biggest box maker, announced it would invest CNY7 billion in developing a container manufacturing plant with an annual production capacity of 750,000 TEU in Dongguan, adjacent to Guangzhou.

    Despite slowing container sales, the world's largest box manufacturer is betting on a long-term trend of containerisation in global trade and a gradual economic recovery.

    "Leveraging on the gradual recovery of the global economy, as well as the steady increase in global containerisation, it is expected that the long-term growing trend of demand for containers will continue in the future," the firm said in its Shenzhen and Hong Kong stock exchange filing.

    "Upon completion of the Yinzhou project, it will benefit the group in further fortifying and maintaining its leading position in the container industry," said the filing.

    CIMC sealed the deal with local authorities to put fixed-asset investment of CNY1.5 billion into the 470,000-square metre plant in the Yinzhou Economic Development Zone, near one of the main hubs in eastern China.

    The complex will have an initial production capacity of 200,000 TEU per year in 2015, before expanding to 450,000 TEU per year in 2018.

    CIMC, whose cash reserves amounted to CNY4.5 billion at the end of March, will fund the project from its own capital.

    *NEWS SOURCE



  • 11 Jun 2014 8:51 AM | Anonymous

      Original news was published on 10 June, 2014

    The Export-Import Bank of the United States authorized US$1.1 billion to finance U.S. exports to Angola. The loan will fund the purchase of oil and rail equipment manufactured by GE.

    The announcement was made by Ex-Im Bank chairman and president Fred P. Hochberg at the U.S. Africa-Energy Ministerial in Addis Ababa, Ethiopia, along with Department of Energy secretary Ernest Moniz. Hochberg emphasized the U.S. commitment to trade with the African region.

    “Ex-Im Bank is committed to expanding U.S. trade with sub-Saharan Africa, which is home to seven out of 10 of the world’s fastest-growing markets,” Hochberg said in a statement. “U.S. exporters are eager to realize the tremendous opportunities in this region.”

    In the past five years, Ex-Im Bank
    has authorized more than US$5 billion for U.S. exports to sub-Saharan Africa.

    *NEWS SOURCE

  • 10 Jun 2014 8:55 AM | Anonymous
    SAL Anne-Sofie carries vessels from Turkey to Iraq

    Liburnia Maritime Agency has loaded two oil recovery vessels in Tuzla, a suburb of Istanbul, Turkey.

    The vessels were loaded onto Anne-Sofie, SAL’s 12,000-tonne-deadweight multipurpose vessel that has two onboard cranes with a combined lifting capacity of 1,400 tonnes. Each of the recovery vessels weighed 338 tons and measured 42 meters long, GPLN said in a statement on behalf of its Croatian member.

    The Anne-Sofie carried the cargoes to Umm Qasr, a port city in southern Iraq.

    *NEWS SOURCE

  • 10 Jun 2014 8:53 AM | Anonymous
       Original news was published on 9 June, 2014

    M.A.Z. Shipping & Consolidation Services handled heavy-lift cargoes of transformers, blades, reactors, heat exchangers and storage tanks at Karachi ports in Pakistan.

    The company arranged for the lifting and transport of four transformers, ranging in weight from 88 tonnes to 61 tonnes, for NTDC (WAPDA) Pakistan and Siemens Engineering Pakistan, Cargo Equipment Experts CEE said in a statement on behalf of M.A.Z. The discharge took place at Karachi Port KPT East wharf.

    In a separate operation at Karachi Port, the company handled the discharge and inland transport of 30 wind turbine blades. The blades weighed 11 tonnes each and measured 49 meters long, 3 meters wide and 3 meters high. Finally, M.A.Z. oversaw the arrival and discharge of a cargo of reactors, heat exchangers and storage tanks at nearby Port Qasim.

    *NEWS SOURCE

  • 09 Jun 2014 9:00 AM | Anonymous
    Original news  was published on 8 June, 2014

    LONG Beach Mayor Bob Foster has appointed Lou Anne Bynum to the board of harbour commissioners to replace Thomas Fields providing the body with its first female majority.

    Ms Bynum has served on the Long Beach City College (LBCC) as vice-president of college advancement and economic development and has been with the college since 1997.

    In a report from Long Beach Press Telegram, Mayor Foster said that her 25 years in the public and private sector which has included numerous port related projects shows deep connections in the community and business acumen.

    "She's kind of Miss Business in Long Beach, and I think she'll add a business-oriented approach there," he said of the appointment, which typically runs for two six-year terms at US$100 per board meeting that usually runs twice a month.

  • 09 Jun 2014 8:40 AM | Anonymous

        Original news was published on 7 June,2014

    A total of eight investment groups expressed interest in a tender to buy 67% of equity capital in Thessaloniki Port Organization, while Hellenic Republic Asset Development Fund said on Thursday, as Ana-Mpa reports today. The eight candidates are: APM Terminals, B.V.; Deutsche Invest Equity Partners, GmbH; DufercoParticipation Holding, SA; International Container Terminal Services, Inc; Mitsui & Co., Ltd.; P&O Steam Navigation Company (DP World); Russian Railways JSC-GEK TERNA S.A. and Yilport Holding,Inc. In an announcement, the Hellenic Republic Asset Development Fund (Taiped) said that its privatization advisors will evaluate all bids before submitting their recommendations to the board of Taiped for the candidates to be included in the next phase of the tender.

    The Fund board also approved the five investment groups to be included in the second phase of a tender to sell a 67% equity capital in Piraeus Port Organization (OLP). These five investors are: APM Terminals, B.V.; COSCO (Hong Kong) Group Limited; International Container Terminal Services, Inc; Ports America Group Holdings and Utilico Emerging Markets Limited. These investors will have access to detailed data over the assets of the port and the terms of the tender procedure. The board meeting also approved the final plan of a concession contract for the exploitation of the first group of tourism harbors (Alimos, Poros, Hydra, New Epidavros), with the submission of biding bids expected in July 2014. 


    *NEWS SOURCE

  • 06 Jun 2014 4:56 PM | Anonymous

    0 heavy-lifts loaded onto barge for transport from Mumbai to Kochi

    Reshamsingh & Co. has handled the loading and unloading of equipment for BCPL’s refinery expansion in Kochi, India, for GR Engineering.

    Reshamsingh moved 10 heavy-lifts, each weighing between 70 and 200 tons, as part of the total 5,000-ton shipment, Cargo Equipment Experts CEE said in a statement for its member. The equipment was transported from Mumbai Port to Kochi.

    The extremely difficult operation included roll-on/off onto an H & P barge, taking into consideration tidewater schedules. Once the cargoes were discharged at the Ernakulam Wharf at Kochi Port, they were rolled into a temporary storage area.

    *NEWS SOURCE

  • 06 Jun 2014 4:55 PM | Anonymous

    BDP International UK and Unique Global Logistics (UGL), its Indian project logistics unit, has moved a 70-ton rig trailer, 40-ton hydraulic power unit and equipment from Southampton to Mundra in Rajasthan, India.

    The huge mobile oil rig will be operated by a European drilling contractor that won long-term contracts in India, reported American Journal of Transportation of Plymouth, Massachusetts.

    "The rig itself is owned by a French company, so we worked with BDP France and UGL for shipment from the UK to India, and door delivery to Barmer, Rajasthan Oil Exploration and Production Field," said country manager Anthony Akerman.

    "It was a real three-way partnership with the countries, and a lot of technical coordination between and among the seven entities involved - the French owner, the oil and gas company, the shipper and its local UK agent and three BDP units."

    "BDP's leadership role, project/heavy lift experience and advanced logistics technology, coupled with our domestic oil and gas expertise gave the client the confidence to award us this challenging move," said UGL director Naveen Surana.

    *NEWS SOURCE

  • 05 Jun 2014 9:34 AM | Anonymous

    Makes up transit time through resourceful and speedy contingency plans

    Express Global Logistics has handled the transport of large cement mill components from Mumbai, India, to Huelva port in the south of Spain.

    Huelva was selected because it was the closest port to Almonaster la Real where the facility was being built, Worldwide Project Consortium said in a statement for its Indian member. Huelva is a small, low-traffic port that primarily serves coasters and barges undefined a challenge Express Global Logistics was able to manage.

    The shipment was loaded on a Rickmers-Linie vessel and included two 57-ton mill shells, measuring 9 meters long, 5.5 meters wide and 5.5 meters high, along with four 38-ton mill heads, measuring 5.5 meters long, 5.5 meters wide and 2 meters high.

    With delivery deadline fast approaching and no available direct sailings between Mumbai and Huelva, EXG shipped the cargoes to Antwerp on a Rickmers Linie vessel. Transit time was on a fixed schedule, but on the westbound leg from Mumbai to Antwerp, the ship was delayed almost 10 days due to a storm.

    To compensate for the delay, EXG chartered a small coaster gearless vessel, which was kept waiting for 2-3 days and then docked alongside the Rickmers’ vessel when it arrived in Antwerp. The cargo was  discharged directly onto the coaster and immediately secured and sailed to Huelva port within the next five days.

    At the Port of Huelva, cargoes were discharged using heavy-lift shore cranes, loaded onto hydraulic axles and transported to the job site within the next 24 hours with all custom documentations and road permits completed in advance.

    *NEWS SOURCE

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