Friday, May 7, 2021

From Drama at Sea to Urgent Charity Appeal - Your Weekly Logistics Round Up

Some of the Freight News You May Have Missed
Shipping News Feature

US – In another holiday shortened week our picture shows one of the crew from the fishing vessel Nobska being hauled into a US Coast Guard rescue helicopter last Friday after the wheelhouse and bow were engulfed in flames when the 100 foot stern trawler was working off Cape Cod.

A Coast Guard fixed wing aircraft located the trawler and, after retreating to the stern all five crew were instructed to take to the water where rescuers were lowered to retrieve them before all were returned to shore relatively unscathed by their ordeal. A video of the event is viewable HERE and gives a clear idea of the bravery of the Coast Guard personnel around the world who do this sort of thing all the time.

UK – INDIA – WORLDWIDE – London based ship management company V.Group has put its support behind the Seafarers International Relief Fund (SIRF), launched to raise funds and deliver urgent support to seafarers and their families affected by the escalating Covid-19 crisis in India. CEO Rene Kofod-Olsen said:

“Our industry has been ravaged since the start of the pandemic. Now is the time to put aside commercial rivalries and join forces to support the very people on whom our industry relies. The purpose of the fund has already been well publicised. To echo the words of Helen Keller, ‘Alone we can do little, together we can do so much’”.

To donate to the Seafarers International Relief Fund, click HERE. Alternatively, email or call +44 (0) 20 7932 0000.

US – The US Department of Transportation’s Maritime Administration (MARAD) has awarded more than $7 million to nine members of the Shipbuilders Council of America (SCA) this week via the Small Shipyard Grant Program.

The grants, provided through the Small Shipyard Grant Program, are designed to help eligible shipyards modernise operations, improve efficiency and reap the benefits of increased productivity by investing in emerging technologies and a highly skilled workforce.

US – The Port of Oakland is particularly sensitive to fluctuations in Asian trade with most of its container freight emanating there. This week’s figures show the Port's containerised trade volume reached record levels in Q1 of 2021 at 631,119 TEU, surpassing 2019’s Q1 record by almost 19,000. This despite near all-time high freight rates as demand soared.

The addition of two more vessel services has undoubtedly helped the Port, with no signs of a let up on the trans-Pacific trade route as vessels continue to queue outside West Coast ports with berth space at a premium and ships arriving loaded to near capacity.

US – PORTUGAL – Ocean Infinity, the US headquartered marine robotics company has acquired European software engineering specialist Abyssal. Abyssal develops and implements proprietary software solutions for the offshore industry geared towards improving the safety and efficiency of subsea operations.

Abyssal’s technology ranges from a managed cloud data platform, synthetic environments, advanced 3D visualisation and operation management system tools. With artificial intelligence enabled digital twinning core to its services, Abyssal enables some of the world’s largest offshore operators to safely deliver complex projects.

Integrating Abyssal’s software expertise with Ocean Infinity’s robotic fleet will further underpin the company’s safe and secure data acquisition operations through the development of operational simulation, fleet management and cloud data tools. Abyssal’s 38 highly experienced employees will transition to the Ocean Infinity Group, and will operate from Porto, Portugal, under the Ocean Infinity brand.

FINLAND – SWEDEN – Viking Line's new flagship, Viking Glory, which will launch service in early 2022 on the Turku–Åland–Stockholm route, will have a Finnish flag. As a result, Viking Line, which is Finland's largest maritime employer, will have five of its seven strong fleet registered in Finland.

The 222 metre long RoPax ship is due for delivery later this year with capacity for 2,800 passengers and 1,500 freight lane metres. Fuelled by LNG she will have an ice class rating of 1A Super and a gross tonnage of 63,813 tonnes.

ITALY – illimity, Italy’s digital bank founded by Corrado Passera, former CEO of Intesa Sanpaolo and government minister, has provided a loan of €35 million to chemical and crude oil product tanker outfit Navigazione Montanari for the purpose of renewing its fleet.

The 6-year loan has been granted to Euromont Shipping S.p.A. which is wholly owned by Navigazione Montanari and is backed by the Italian export credit agency, through its ‘Garanzia Italia’ facility. Through the loan facility, Navigazione Montanari has completed the purchase of two tankers which enabled the company to replace two older ships decommissioned last year.

CROATIA –An upgrade of the country's motorway electronic toll collection system is planned for installation by 2025. The plan, according to local news sources, is for the government to apply to the EU under the auspices of the programme to digitalise the transport system, for funding to establish toll systems on the country’s motorways. The project with an estimated cost of up to €97 million +VAT will see upgraded technology put in place.

The motorways are actually managed by the Bina Istra and HAC companies and the idea is to install number plate recognition with auto billing, negating the need to stop at the booth and pay. Apparently the bulk of the finance will be sought from the EU.

SWITZERLAND – MONACO – GREECE – UK – Swiss based container line Mediterranean Shipping Company (MSC) has shelled out around $400 million in the past month on neo-Panamax vessels. After two purchased earlier in April now MSC has acquired two 2014 built, 9,300+ TEU vessels, the Skyros and Symi1. The ships, currently chartered to Hapag Lloyd, were owned by Monaco based International Maritime Enterprises, a company part of the Embiricos shipping empire.

UK – THE Pallet Network (TPN) has signed multimodal specialist Jeavons Eurotir as a full Partner. The Birmingham-based family-run firm, which has expertise in international movements as well as national haulage, says TPN is a strong complement to its other services.

Jeavons has a fleet of 30 vehicles, ranging from full weight artics to 7.5 tonne vans, variously equipped with Moffats or tail-lifts. All its drivers are ADR trained and it has two on-site Dangerous Goods Safety Advisers. MD Shane Jeavons said the company has input client pallets to TPN for the past year through TPN Dagenham and found the service to be extremely good.