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With the onset of the July month, the shipping industry has faced many ups and downs. Some of these significant changes had a deep impact worldwide. Let us take a quick look at this updates in the maritime world. ONE STORK Started Her Maiden Voyage with the First Call at PSA Singapore ONE STORK is the 14,000 TEU container vessel owned by the world-famous Ocean Network Express (ONE), which had anchored at the PSA Singapore Port after beginning its first voyage. This new vessel is considered to be very advanced in the field of technology because of its modern features. The hull is very impressive with minimized engine-room area that offers a better cargo-loading facility. The vessel’s length is 364 meters and it weighs around 139,500 tons. On 12 th June 2018, the ONE Company had received the delivery of the new containership from the Japan Marine United Corporation at the Kure shipyard located in Hiroshima. The ONE STORK had traced the route of the EC4 service by The Alliance from Asia to North America, which includes halting at the ports of Kaohsiung-Hong Kong-Yantian-Cai Mep-Singapore. Jeremy Nixon, the CEO of ONE, has welcomed the ONE STORK with much enthusiasm since Singapore has now drastically transformed into a major hub of the ONE’s operational transhipment. In fact, the ONE’s Global Head Office is also located in Singapore. Read More . The Panama Canal Authority Plans to Lift Daylight Restrictions for LNG Vessels The Panama Canal Authority has decided to boost the LNG carrier transits by removing the daylight and encounter restrictions on 1 st October. The second round of daily transit slot for the vessels will be greatly beneficial to the LNG business as it offers more freedom and flexibility for the LNG carrier vessels. Previously, the ACP had allowed the LNG carrier transits to use the new locks in the Panama Canal in June 2016. But, a lot of problems had arisen due to the daylight (and encounter) restrictions concerning the passage of the vessels. Manuel E. Benitez, the Deputy Administrator of the ACP, stresses on the fact that with the relaxed restrictions, the LNG vessels will now be able to transit the canal locks during nighttime. By lifting the encounter restrictions, the LNG vessels can now navigate the Gatun Lake simultaneously and can pass the Panama Canal in two different directions on the same day. Since the demand for the liquefied natural gas is increasing day by day in the Pacific basin, this new development is no less than a boon to the LNG shippers. Read More . Maersk Line Allows End to End Shipment from the Haldia Dock Complex The Maersk Line (the Global Division of the Maersk organization concerned with Container Shipping) has successfully enabled an End to End shipment of both dry as well as refrigerated cargo from the client’s factory in Haldia. These Store Door shipments will be soon transferred to their respective destinations in Alexandria Newark, Los Angeles and Savannah. Incidentally, the Haldia Port has been able to reduce the warehousing and transportation costs by decreasing the cargo dwell period from 7 days to an incredible 3 days. Earlier, the Kolkata Port was involved in the shipping of the consignments, but the Haldia Port has taken over with its weekly sailing and increased draft facilities. Of recent, the Maersk Line has boosted the trade in the East Indian market and has been declared as the Container Shipping Line of the Year in Kolkata. Read More Krishnapatnam Port Has Installed an X-Ray Container Scanner and Radiation Portal Monitors to Increase the Port’s Security The Krishnapatnam Port is the largest all-weather, deep water port in India. With the introduction of the ‘Rapiscan Eagle P 60’ and radiation portal monitors, the Krishnapatnam Port Company Ltd (KPCL) has taken its safety and security features to a higher, top-notch level. The Port Authority is confident that this highly advanced, X-Ray container scanner will definitely improve the overall performance of the terminal by allowing a seamless movement of containers. This is further going to enhance the quantity of the transhipment cargo, as well. This new, drive-through container scanner will gradually increase the container volume at the Port. Read More Star Bulk Carriers Has Acquired Three Newbuilding Newcastlemax Vessels from the Ocean Bulk Container Carriers As per the media reports, the Star Bulk Carriers company has bought three dry bulk vessels from the Ocean Bulk Container Carriers (OCC) and the final amount for the OCC Vessel Purchase Transaction is 3,304,735 million common shares of the organization. Meanwhile, the three newcastlemax vessels are currently under construction at the Shanghai Waigaoqiao Shipbuilding (SWS) site. The expected date of delivery is somewhere between the end of this year and early 2019. After the delivery, the Star Bulk Carriers will have an awesome fleet of 108 ships. Read More Want to know more news Around the World ? Stay tuned every Monday to ODeX and get the latest in shipping.