DEXTER Sea Storage area for shallow water vesselsand barges in UMM AL QUWAIN
Sea Storage area for shallow water vessels
and barges in UMM AL QUWAIN
CERTIFICATE OF APPRICIATION for AL SOL MARINE SERVICES
Event held on 28-Feb-2017 at KOTRA Office located in Arenco Tower, Dubai & AL SOL MARINE SERVICES represented by Mr. JAMES STANLEY MARTIN awarded with "CERTIFICATE OF APPRICIATION" by Ministry of Trade, Industry & Energy (Government of Korea).
Tanker conference highlights regional growth opportunities
The inaugural The Maritime Standard Tanker Conference, which took place at the Grosvenor House Hotel, Dubai, on 25th October, highlighted the scope that exists for sustained growth and expansion within the region's tanker sector, provided investment is sustained and cooperation between various participants is strengthened. It attracted a high quality audience of around 150 people, including delegates from leading owners and operators from across the region.
Top class panel of speakers assembled at TMS Ship Finance and Trade Conference
The second annual The Maritime Standard Ship Finance and Trade Conference will take place in Abu Dhabi on November 14th. The theme of this year’s conference is “Beating the downturn; investing to be ready for the upturn.” A top class panel of speakers has been assembled to address some of the key issues facing the industry as it seeks to chart a course for long term recovery. The conference sessions will deal with a number of themes, including regional trade patterns, ship finance and ports and shipping.
Awards maintain Standard for excellence
The third annual Maritime Standard Awards, held on Monday 24th October at the iconic Atlantis Ballroom, on The Palm, have raised the bar still higher for regional awards ceremonies. Hosted by well-known TV journalist and former CNN anchor, Jim Clancy, and model and presenter, Dubai’s own Rania Ali, the Awards attracted a high calibre audience of around 700 executives from across the shipping, ports and related sectors, from close to 70 different countries.
Finalists announced for TMS Awards
Over the past few weeks an elite panel of judges have been evaluating a record number of nominations for a total of 19 different categories for The Maritime Standard Awards 2016. It has been hard job to whittle this down to a short list, but they have done so. The standard of entries was extremely high, and all of those who entered should be commended for their excellent submissions.
Nomination deadline extended for The Maritime Standard Awards 2016
Nominations now close on August 18th so you have just eight days to submit your entries. Nominate today! #TMSAwards2016
UAE Shipping Directory wishes you & your family Eid Mubarak
UAE Shipping Directory wishes you & your family Eid Mubarak
TMS celebrates 50 not out
Dubai, 15th June 2016:- This is the 50th edition of the TMS Newsletter and The Maritime Standard would like to thank all its readers for their support in helping reach this significant milestone.
UAE Shipping Directory wish you a Blessed Ramadan
UAE Shipping Directory wish you a Blessed Ramadan
LA-Long Beach see the need for speed
GE Transportation is partnering with the Port of Los Angeles to deploy reams of data in pursuit of a smoother flow of containers through marine terminals. Meanwhile, Ron Widdows sees an opportunity to convert chassis into smart transmitters of milestone data to put powerful new information into the hands of...
US West Coast ports target better flow
West Coast ports have experienced a steady loss of market share in Asian imports in the last decade, from 78.4 percent in 2005 to 66.8 percent in 2016, but they feel confident their emphasis on infrastructure development and process improvements to increase efficiency in moving cargo will prevent further bleeding.
IPI data suggests East Coast migration in port routings
Intermodal had a tough year in 2016, and weakness in the business of moving containers inland was one reason. But the pain wasn’t uniform across the system. A review of where such volumes, known as inland point intermodal, rose and fell can tell us something about changes occurring in the...
Near-sourcing in wind energy to impact breakbulk growth
A gale of change is blowing in the wind energy industry, a growing market that’s a project cargo mainstay.
When multipurpose vessels began carrying windmill blades and turbines in large numbers about 15 years ago, they were something of a curiosity. Now the industry is well-established globally, a development with positive...
US bill reintroduced to prevent labor slowdowns, disruptions
The US West Coast labor dispute in 2014 and 2015 inspired the bill.
WASHINGTON — US lawmakers have reintroduced legislation that would redefine labor slowdowns at US ports as unfair labor practices, effectively enabling the federal government to crack down on disruptive labor maneuvers and “injured parties” to demand monetary reward...
Trailer Bridge extends Dominican Republic niche service
Trailer Bridge will soon be the sole operator of barges on the US-Puerto Rico trade.
Trailer Bridge is developing a new niche with 53-foot containers on a twice-weekly service to Santo Domingo, Dominican Republic, while weathering a difficult US mainland-Puerto Rico market.
The Santo Domingo service was launched six months ago. It...
Eastbound trans-Pac spot rates fall ahead of spring restock
Trans-Pacific spot rates are unlikely to fall to the historic lows of 2016.
Spot rates in the eastbound Pacific dropped for the eighth straight week, dipping 4 percent from last week and still seeking a floor before cargo volumes begin to build later this spring. Historically, peak-season volumes can be at...
Schneider, largest private US trucking firm, launches IPO
After the IPO, there will be no privately held companies in the Top 10 US trucking companies.
Schneider National, the largest privately owned US trucking company, plans to raise stock between $281 million and $359 million in net proceeds in an initial public offering company, and an additional $217 million to...
Hapag-Lloyd missing out on rising spot freight rates
Like other container lines, Hapag-Lloyd reported stronger volumes in the second half of 2016.
Hapag-Lloyd said it’s facing a challenging start to 2017 as long-term contracts are limiting its ability to cash in on rising spot market rates as it focuses on the launch of THE Alliance next month and the...
PSA International volume rises, profit drops
Last year, 2016, was difficult for most global marine terminal operators.
PSA International announced a 7.5 percent drop in net profit to $1.17 billion Singapore dollars ($837 million) in 2016 despite rising volumes and revenues at its global operations.
The global terminal operator handled 67.63 million twenty-foot-equivalent units (TEUs) last year, an...
Rhenus acquires 40 percent of Arkon Shipping
Rhenus Group wants to expand its presence in European short-sea shipping.
German logistics operator Rhenus Group has acquired a 40 percent stake in Arkon Shipping, which manages a fleet of more than 120 seagoing vessels in European coastal and container feeder services and global heavy lift and project shipping.
The companies said...
Japan orders Yusen to shut down customs operations
Yusen Logistics has said it will strive to ensure such mistakes do not happen again.
Japanese authorities have ordered Yusen Logistics Co. to completely suspend its customs clearance operations in the country for more than two months for violating the Customs Brokerage Act by making false declarations.
Tokyo Customs, Nagoya Customs, Osaka...
DP World Cochin upbeat despite trade concerns over tariff hike
Traffic at the port of Cochin is projected to set a new record in the 2016 to 2017 fiscal year.
Though trade and shipper associations maintain that a tariff increase set for April 1 could dampen strong growth at the International Container Transshipment Terminal (ICTT) at India’s port of Cochin, terminal...
Indian dockworkers threaten strike to block port reform
A strike at Jawaharlal Nehru Port Trust would reverberate through the Indian economy.
India’s major ports, which together account for roughly 70 percent of the country’s total container trade, face a fresh threat of labor stoppages next month after the government cleared new legislation reforming the public port system.
Labor groups representing...
Asia-Europe spot rates ease even on tight space
Capacity on ships out of the Port of Rotterdam, and other North European hubs, remains tight.
There was little movement in China-North Europe spot rates this week, and even though the prices from Europe to China have eased since the mid-March highs, the eastbound rate remains well above that reached during...
Shippers seek China-Europe rail option from forwarders
Asia-Europe railway services continue to grow in popularity.
Forwarders are reporting increasing demands from shippers to include the China-Europe rail option in their portfolio of services as the intercontinental land bridge becomes a viable alternative to air and ocean transport.While the vast majority of containers on the rail route move via...
Container lines defend against collusion suspicion
Container lines say their poor earnings through 2016 are sufficient evidence that they did not collude on rates.
After US antitrust investigators subpoenaed major global ocean carriers last week, liner executives say they’re in compliance with regulations and note that suspicions of collusion don’t coincide with the low rates in the market today.
Slow growth spurs need for efficiencies via technology
There’s no question that the global shipping industry has been working many years to digitalize the common transactions, processes, and communication involved with container shipping. Over the years, some companies have embraced technology solutions more than others, but it’s certainly not brand-new.
What is new is the heightened focus, which is...
Cosco avoids predicted 2016 loss
Cosco Shipping Holdings also provided some details about how it plans to operate in the future.
Cosco Shipping Holdings blamed excess capacity and weak volume growth for a 29 percent year-over-year decline in profit, to 237.2 million Hong Kong dollars ($30.5 million), a far better performance than the $1.4 billion loss...
Eddie Stobart, top UK trucker, unveils IPO plan
Eddit Stobart was established in 1970 and now has 3,800 drivers.
Eddie Stobart, one of the UK’s largest trucking companies, Thursday said it aims to raise around £130 million ($165 million) through a listing on London’s secondary stock market.
The group, which is also active in rail transport and logistics, is targeting...
JSW to Invest USD 1.1bln on Ports
JSW Group will invest INR 7,000 crore (USD 1.1bln) more in the ports sector over next three years to create assets in the country as well as abroad, PTI reported. The company is also looking at diluting up to 15 percent stake in the ports operating company…
Upgrades Complete for Anzac Class
The Australian Navy's eight Anzac class frigates are now all back in the water post anti-ship missile defence upgrades, with HMAS Stuart undocking at the Henderson shipyard in Western Australia. She will now commence trials of her state-of-the-art systems and modifications.
Wijnne Barends to Build New Ships in India
Netherlands, based shipping company Wijnne Barends reports that it recently placed an order with India shipbuilder Chowgule & Company for the construction of six identical, energy-efficient vessels, local media reported. The shipyard in Goa will build this energy-efficient 4…
India's Cochin Shipyard Gears up for IPO
Cochin Shipyard Ltd (CSL), India's largest public sector shipyard, has filed initial public offering (IPO)document with the market regulator Securities and Exchange Board of India (SEBI) to go public. The government approved a stake sale of up to 25 percent.
Thailand Boosts LNG Imports
Thailand is signing new contracts for LNG purchases and expanding terminals to boost imports to replace flagging domestic production, Bloomberg reported. Southeast Asia’s second-largest economy will boost LNG imports by more than 70 percent this year.
Gazprom to Cement LNG Ties with Kuwait
Russia-based energy company Gazprom has negotiated about supplies of liquefied natural gas (LNG) to Kuwait, reports Tass. The talks continue in "a rather progressive mood,"during the the Energy Minister Alexander Novak’s visit to the Middle East country, the report said.
Cristobal Colon Arrives in Sydney
HMA Ships Darwin, Melbourne and Parramatta have escorted the Spanish Armada's Cristobal Colon into Sydney Harbour as part of her role in providing platform and familiarisation training to Australian personnel. Over the next three months the…
Anthony and Nicolás Remain on Hapag-Lloyd Board
Hapag-Lloyd AG has announced the continuity in the executive management - Anthony J. Firmin remains COO and Nicolás Burr remains CFO. The Supervisory Board of Hapag-Lloyd AG extended the Executive Board contracts of Anthony J. Firmin (COO) and…
Natural Gas Fleet Sail to the Future
Natural gas is set to account for an increasing share of the global energy mix in coming years, with gas consumption growing by an average of around 1.5%-2% a year out to 2040, according to energy forecasting agencies such as the IEA. And based on recent trends…
UK Chamber Welcomes Immigration Rule Change for International Seafarers
The UK Chamber has welcomed an announcement by the Home Office to reform immigration rules for international students, extending the time limit to three years for educational courses which are below degree level but subject to MCA regulations that the applicant must spend 12 months at sea.