16 April 2018

Latest Updates On Ocean Shipping - 16 Apr 2018

Latest Updates On Ocean Shipping - 16 Apr 2018
What went on from 9nd to 15th April 2018 in Ocean Shipping? We take a look here- New Addition to the APL China-Philippines Service Recently, the APL shipping company has decided to extend its existing China-Philippines Express 1 or the CP1 service by adding some new port calls with Xiamen port (from South China) and the Batangas port, as well. The Batangas is slowly gaining a great deal of recognition and is considered as a good substitute to the Manila port. According to a press release, the newest addition will enhance the market coverage of the shortsea service (between the Philippines and South China) and allow the frequent transfer of cargo concerning the Calabarzon region, in the long run. These alterations in the port rotation will not only ensure an improved connectivity but also provide the clients with more opportunities to utilize the extensive service network offered by APL. The new rotation will commence from April 15 th and will be implemented as follows: Xiamen- Hong Kong- Nansha- Shekou- North Manila- South Manila- Batangas- Xiamen. Read More . Hunan Ocean Container Lines Plans to Acquire a Pair of River Boxships The China-based boxship operator that is associated with a river container shipping business, the Hunan Ocean Container Liner, is currently seeking a pair of secondhand river containerships. The company has passed a deadline of 20 th April for tender submissions from the interested sellers. In terms of the tender notice released by the company, the requirement is two boxships weighing around 500 teu each and essentially built after 2014. As of now, the fleet belonging to the Hunan Ocean Container Lines comprises of 12 container vessels that actively operate along Shanghai and the Yangtze river. Read More . ONE Has Decided to Extensively Commit Its Services to the Indian Subcontinent As we are aware of, ONE has been formed by integrating three major shipping lines (‘K’ Line, MOK and NYK) and has started its operations from the first of this month. The organization has its headquarters based in Singapore and will comprise of a fleet of 250 vessels, along with the deployment of advanced IT systems and involvement in the major trade lanes around the world. ONE is catering to the needs of over 100 nations with its well-connected liner network services. The organization is highly professional and efficient in maintaining an impressive financial balance record so far. Mr. Masaki Osawa, the Managing Director of the Ocean Network Service, has confirmed the company’s strong commitment towards the Indian subcontinent in an exclusive interview with the Exim India channel. Having ONE on board is one of the biggest advantages the Indian marine industry could ever have. Read more . Republic of Korea and India Sign an Agreement to Mutually Recognize the Certificates of the Maritime Industry India has sealed a deal with the Korean Government by signing a MoU agreement regarding the Mutual Recognition of Certificates of Competency of Seafarers. Reportedly, the agreement has been signed by Mr. Nitin Gadkari (Indian Minister of Shipping) and Mr. Kim Young- Choon at a ceremony held in Busan, this April. This will prove to be extremely beneficial for both the nations and allow them to mutually evaluate the certificates related to maritime education, competency, medical fitness, training and endorsements issued by them and meant for the workers at sea. Both Korea and India are successful ship-owning nations with Korea owning an approximate of 500 foreign-going vessels and India owning a total of 1,54,349 seafarers on its current fleet. Mr. Gadkari is optimistic about more job opportunities becoming available to Indian seafarers on the Korean vessels. Not only this, the two nations are joining hands to improve cooperation based on shipping, highways, ports, river interlinking, inland waterways, infrastructure etc. Read More . Miami-Dade County Has Approved the Construction Work Meant for the New NCL Terminal The PortMiami has given a thumbs-up for the commencement of the construction work regarding the upcoming Norwegian Cruise Line (NCL) terminal. The terminal is especially being designed by experts from the architecture firm, Bermello Ajamil & Partners, based in Miami. The building of this splendid 166,000 square-foot terminal at PortMiami involves a great investment, which is further accentuated by the funding from the Norwegian Cruise Line Holdings. The terminal will be highly efficient for the accommodation of both vessels and passengers, along with a few amazing features like security screening, indoor/outdoor waiting rooms, parking garage and quicker embarkation/disembarkation technology to make transactions much easier. Read More Want to know more news Around the World ? Stay tuned every Monday to ODeX and get the latest in shipping.

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