Blogs

What went on from 2nd to 8th April 2018 in Ocean Shipping? We take a look here- MSC Renee is the First Containership to Call PSA-Panama On 2 nd April 2018, the MSC Renee, the post- panamax containership, was declared the first of its kind to call on the PSA-Panama terminal after its recent expansion. The 13,100 teu -sized vessel belongs to the ANDES service that operates between the western coast of South America and Asia. The two major partners involved in the ANDES service are the ONE (integration of K/NYK/MOL container lines) and the Hapag Llyod. According to the recent information, all the vessels belonging to this specific service are being improved and upgraded to 13,000 teu -class ones. The PSA-Panama considers the hosting of the MSC Renee vessel to be a great achievement. After its well-planned expansion in early 2018, the terminal hosted its first operation call involving an approx. of 1,000 moves (both loading and discharging of shipment), along with packing off cargo to the Atlantic coast. The PSA-Panama shall be hosting another vessel in the month of April, which belongs to the Guayaquil Feeder service. Read More . Busan Port Authority Employs Good Marketing Techniques to Attract Major Shipping Alliances The Busan Port Authority has managed to grab the attention of three major global alliances in the shipping industry, namely the OCEAN (CMA CGM, COSCO, Evergreen, OOCL), the 2M (Maersk, MSC) and THE (Hapag-Llyod, Yang-Ming, ONE). These three shipping alliances account for the 80 percent of global shipment and indeed, it is a great achievement for the Busan port to host them. According to the recent reports, the Asian Pacific regional headquarters of the Busan Port has handled around 71% of the T/S cargo and has reached its target of 20 million teu . KANG Bu-won, the Business Director of the BPA International Logistics, is of the opinion that with the help of a well-planned marketing procedure, the operations at the Busan port shall gradually improve instead of its difficulties and limitations. Read More . Visakha Container Terminal Has Installed Two Post-Panamax Quay Cranes to Improve its Infrastructure The Visakha Container Terminal (VCT) has recently added two new Post-Panamax Quay Cranes to its existing infrastructure, in order to enhance the terminal capacity and to increase the scope for maritime and logistics interaction in the area. The new cranes are built using advanced technology that aims at boosting productivity, along with providing a high level of safety. Moreover, the machines are well-equipped with eco-friendly LED lighting and ergonomically designed cabins for a comfortable working environment. The way in which the Visakha Container Terminal is upgrading its infrastructure and IT systems is definitely worthy of praise! An up-to-date Terminal will facilitate a better berth productivity and ensure a great customer service, as well. Read More . APM Terminals Mumbai Shows its Highest Volume Performance The APM Terminals Mumbai has created a record by handling 2.3 million teus of volume, during the duration of 2017-18. Reportedly, the terminal has single-handedly been responsible for handling over 633 vessels, which has been its highest volume performance since its inception in 2006. Mr. Ravi Gaitonde, the Managing Director of APM Terminals Mumbai, has attributed the terminal’s success to the active cooperation between the trade community that includes the rail operators, container freight station operators, cargo owners, customs/port authorities, transporters etc. He also commented that the APM Terminals Mumbai is constantly striving to enhance its services and hopes to impress the customers with better efficiency in the near future. Read More . Euroseas Has Sealed the Deal for New Charters for Two Container Vessels The Greece-based Euroseas Company has an existing fleet of 17 ships, consisting of 11 container vessels and 6 dry bulk vessels. The Company has secured new charters for two of its feeder containerships called the 1,452 teu Manolis P and the 2,506 teu EM Athens, respectively. As per the current information, the charter agreement of the Manolis P vessel has been extended to $9,500 daily for a year, while the EM Athens has sealed a charter contract of $10,400 daily for a year. Till date, the client information has been kept confidential but hopefully, it will be revealed in a short time. The Euroseas has wisely taken advantage of the anticipated rise in the market of the maritime industry. It is now looking forward to enhancing the strength of the company, as well as increasing the shareholder value. Read More . Want to know more news Around the World ? Stay tuned every Monday to ODeX and get the latest in shipping.