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Top 20 Cruise Ports: Apply Now

The January/February 2018 edition of Maritime Logistics Professional will focus on today’s cruise shipping trends, how cruise lines are achieving a greener signature, and many other aspects of the global cruise markets.   Additionally, MLPro will feature the World’s Top 20 Cruise Ports. To enter your port, apply at https://cruiseports.maritimeprofessional.com/. Contact MLPro editor Joseph Keefe with questions at 704.

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China's Imports from N.Korea Plummet in December

China's imports from North Korea plunged in December to their lowest level in dollar terms since at least the start of 2014, with trade curbed by U.N. sanctions aimed at persuading Pyongyang to abandon its ballistic missile and nuclear weapons programs.   Imports from North Korea slumped 81.6 percent year-on-year to $54.34 million, Chinese customs spokesman Huang Songping said in a briefing in Beijing on Friday.

People & Company News

Photo: The Great Eastern Shipping Co. Ltd.

G E Shipping Sells Supramax

 India’s largest private sector shipping company  Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2003 built Supramax Dry Bulk Carrier Jag Rahul of about 52,364 dwt.    G E Shipping said that the vessel will be delivered to the new buyer in Q4 FY 2017-18.   The Company’s current fleet (including Jag Rahul) stands at 48 vessels, comprising 32 tankers (12crude carriers,

Shipbuilding

Photo: Sevan Marine ASA

Shell Announces Plan for Penguins Filed Redevelopment

Shell announced the final investment decision for the Penguins field redevelopment project in the U.K. sector, which includes the construction of a new-build Sevan Marine designed cylindrical floating production, storage and offloading (FPSO) vessel.  The Penguins field is in 165 metres of water, approximately 150 miles north east of the Shetland Islands. Discovered in 1974,

Offshore

Photo: Eidesvik Offshore ASA

Eidesvik Scores Work for Two Vessels

 Norwegian shipping company Eidesvik Offshore ASA  has signed a letter of intent (LoI) with Seabed Geosolution for the use of  two vessels.   Contract commencement are ultimo January to primo February and the duration is expected to last for the remaining part of 2018.   The LoI is for the use of the multi-purpose support vessel Subsea Viking and for the use of the seismic vessel Vantage.

Finance

File Image: Navios Maritime Containers

Navios Maritime Containers Acquires Boxship

 Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced that it has acquired the Navios Felicitas, a 2010-built, 4,360 TEU containership for a purchase price of USD 11.45 million.    The vessel was delivered to Navios Containers’ fleet in December 2017.   Navios Containers financed the acquisition of the vessel with cash on its balance sheet and $6.

Government Update

Group photo of MOL Maritime (Europe) B.V. and MOL management provided  by MOL

MOL Acquires Seafarers Manning Company

 Japan's Mitsui O.S.K. Lines (MOL) has announced that MOL acquired 100% of the issued shares of Azalea Maritime B.V. on December 21st, 2017.   Azalea Maritime changed its name to "MOL Maritime (Europe) B.V." on January 1st, 2018.   MOL will enhance providing top-quality seafarers for MOL-operated LNG carriers and tankers and continue to aim to become a world leader in safe operation.

Education/Training

Milford Haven's simulator suite has the potential to put you at the helm of any marine vessel, in any port. (Photo: MPHA)

Tug Safety Training Offered at Port of Milford Haven

A powerful virtual-reality ship simulation system, operated by the Port of Milford Haven is running courses to train tug boat operators from across Britain. The Navigation Suite, based at Milford Waterfront, creates highly realistic computer-generated versions of any port in the world, giving trainees the opportunity to take the controls of any vessel, including tugboats, to practice scenarios.

Casualties

MV Hansa Meersburg (Current Name). Photo: Leonhardt and Blumberg

German Boxship Collides with Crane at Keelung Port

 A German-flagged container ship Hansa Meersburg ran into a crane while berthing at Keelung Port, Taiwan resulting in the damage of containers and port infrastructure, CNA reported.   The 2007-built freighter, operated by German-based Leonhardt and Blumberg hit and damaged a berth crane valued at NT$200 million (US$6.78 million) as it was sailing into the harbor.    In addition to the damage sustained by the crane,

Logistics

(Photo: Cloud Peak Energy)

US Coal Exports Bound for Japan's New Power Plants

U.S. miner Cloud Peak Energy said on Tuesday it will export coal from a Montana mine for 30 to 40 months to two new power plants in Japan with shipments that could start late next year.   The coal from Montana's Spring Creek Mine will be carried by rail to Vancouver and then sent by ship for delivery to two 540-megawatt coal gasification plants in Fukushima Prefecture, Cloud Peak said.