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Big Liner Organizations Launch a New Container Shipping Platform A few of the world-famous liner giants in the shipping industry like the Hapag-Lloyd, AP Moller-Maersk, MSC, Ocean Network Express (ONE) and the CMA CGM, have recently collaborated to create a new association that is solely meant for container shipping purposes. This platform will play an important role in the standardization, digitalization and interoperability in the popular field of container shipping. The five, above-mentioned shipping lines have instructed the respective IT executives to aid the formation of some pretty common information technology standards, which will offer free access and useful services to all the potential stakeholders in the container shipping sector. According to the views put forward by the CIO of MSC, Andre Simha, the creation of a single network operated by the major shipping companies across the world will prove to be highly beneficial for all the stakeholders and clients in the industry. In fact, the common set of information technology standards will allow much better transparency and less red tape. Nowadays, the innovative technologies are customer-friendly in nature and the joint set of technical standards are extremely helpful in promoting the need for value-oriented differentiation in the container shipping segment. This newly-launched platform is essentially a neutral, non-profit body formed by the five, well-established lines. Adam Banks, Chief Technology and Information Officer at AP Moller-Maersk, has highlighted the fact that this new association will boost the progress of container shipping towards digitalization. As a positive consequence, the supply chains of all the clients will notice a huge improvement. MPC Container Ships Has Signed the Acquisition for Up to 55 Scrubbers Based on Charterer Demands MPC Container Ships, a fast-evolving feeder boxship operator, has signed the agreement for acquiring five scrubbers that are meant to be retrofitted on five ships in the current fleet. The installation is to be carried out prior to the implementation date of the upcoming sulphur emission regulations by IMO, which has been decided as 1 st January 2020. As per the agreement, MPC can further increase its collection of scrubbers by adding 50 more to 50 existing vessels in its fleet in 2019-20. In a press release, the MPC company has stressed the fact that it is now focusing on evaluating additional charters and will definitely work on the advantage of its scrubber agreements in the near future. The act of retrofitting the vessels with scrubbers is considered as a rather economically attractive option of being in accordance with the 2020 sulphur rules. Plus, the golden opportunity of adding 50 more scrubbers has offered a sense of strategic flexibility to the company, which will help it in adapting to the new changes in the new market environments. The company is now supervising 69 ships and is aiming to increase the number and reach the century mark soon! 12 Important Ports in India Registered a 5.31 Percent Growth During April to October In a recent survey conducted by the Indian Ports Association (IPA), 12 major ports in India have recorded an approximate of 5.31 per cent rise in the overall throughput at 403.39 million tones (MT). This percentage growth is registered during the months of April-October of the fiscal year 2018-19. It has been observed that the 12 ports showed a record of handling around 383.05 MT during the period of seven months of the previous fiscal. The remarkable growth in traffic was mainly because of coal handling, which includes petroleum, oil and lubricants (POL) and coking coal etc. From the data received, we can see that the Kamarajar Port is leading with the highest traffic growth at 20.42 per cent , followed by other significant ports like the Cochin Port at 13 per cent , Paradip Port at 11.22 per cent , Kolkata Port at 8.65 per cent and the Deendayal Port at 8.46 per cent . India Decides to Increase Shipments of Around 200 Products to China In recent news, our country has planned to increase the cargo load by no less than 200 products, to its biggest trading partner - China. This action will definitely lessen the deficit and will apply for a duty waiver on several products listed under the Asia-Pacific Trade Agreement. New Delhi has asked China to remove levies on trade items like granite, castor oil, diamonds, menthol, glass envelopes for picture tubes, etc. when upcoming negotiations will be carried out in April 2019 for future expansions. The Zhoushan Shipyard Has Delivered a Large-Sized FSRU to Jaya Samudra Karunia (JSK) Zhoushan Shipyard, owned by PaxOcean, has built a large-sized floating storage and regasification unit (FSRU) of 26000 m3 to an Indonesian company called the Jaya Samudra Karuniya (JSK). Till date, this particular FSRU is the biggest to be constructed in a Chinese shipyard and it has become a big achievement for the fast-growing gas shipping industry in China. The FSRU is well-equipped to regasify around 50 million standard cubic feet per day.  Moreover, the FSRU will enhance the Indonesian gas supply chains in the long run. Sources: http://www.seatrade-maritime.com/news/asia/liner-giants-to-form-new-association-for-digitalisation-and-standardisation.html https://splash247.com/mpc-opts-for-up-to-55-scrubbers-citing-charterer-demands/ http://www.maritimegateway.com/major-ports-throughput-5-31-pc-april-oct/ http://eximin.net/NewsDetails.aspx?name=39795 https://www.marinelink.com/news/largest-chinesebuilt-fsru-delivered-444074 Want to know more news Around the World ? Stay tuned every Monday to ODeX and get the latest in shipping.