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China Navigation From Singapore Announces The Newest Boxship Acquisition The well-known shipping company called China Navigation based out of Singapore has recently made the news of the possession of a 1,700 teu boxship vessel by Pacifica Shipping, which is the subsidiary body operating from New Zealand. This newly acquired boxship vessel has been named as ‘‘Moana Chief’ and is all set to commence its services in September, with respect to the coastal shipping scenario in New Zealand. China Navigation is pretty confident about the fact that this boxship vessel will certainly boost the demand for both the domestic and international transhipping cargo that is steadily on the rise. Plus, this will also enable Pacifica to enhance and improve the scope of domestic transport solutions, which will further play an integral role in expanding the domestic economy of the entire country. Hutchison Ports To Construct A New Container Terminal In Egypt Hutchison Ports has decided to build a new container terminal in the Abu Qir Port of Egypt that will be well-equipped enough to handle upto one million containers as recorded on an annual scale. The Hutchison Ports has taken the wonderful initiative to train no less than 1,500 Egyptians engineers and workers with the industrial knowledge and expertise to construct a well-established container terminal that will enhance the trading operations in the whole country. Hutchison Ports has already carved a special niche in the container shipping industry by supervising two well-known ports in Egypt, both of which are conveniently located in the Mediterranean Sea and are termed as El Dekheila and Alexandria. The Salaya Terminal In Essar Ports Has Recorded A 160 Percent Growth In Cargo Essar Ports has a renowned presence in the maritime industry by being in charge of the deepest draft terminal in the Saurashtra region of Gujarat. In the past months, the 20 MTPA Essar Bulk Terminal Salaya Ltd. has registered a brilliant cargo throughput of 1.3 MT (million tonnes) in the quarter that ended with the June month. Such an incredible surge of the percentage growth in cargo has been very much appreciated and praised by the major names in the shipping scenario of India. Regarded as the first deep-draft terminal in Saurashtra, the Salaya Terminal is an all-weather terminal and also accommodates Capesize vessels m has been particularly carved out to embrace the demands of the topline and cargo throughput in the subsequent quarters of 2019. Mumbai Port Plans On Raising The Draught Level During Low Tides The Mumbai Port has decided to make the draught level higher so that it becomes easier to dock the vessels during low tide. The long-term planning by the port authority has made it clear that the draught level will be enhanced to 10.3 metres and 11 metres to dock the required ships at BPS and BPX when the low tides reach over 60 cm. This positive change has significantly reduced the waiting period for the vessels for suitable berthing that arrive with the deep draught and have no other option but to wait patiently for the necessary action. This alteration of the current drought levels, it will become relatively easier for the vessel operators to settle for proper turnaround time and to cut down on the additional expenditure while loading and unloading the shipment. COSCO Shipping Energy Transportation And Mitsui O.S.K. Lines Have Collaborated For LNG And Ethane Projects Both the well-established shipping companies like Mitsui O.S.K. Lines and COSCO Shipping Energy Transportation are cooperating to jointly work on the various LNG and ethane carrier projects and have even signed an MoU to seal the decision. In the past ten years, the two companies have contributed a lot to the maritime arena and have applied their expertise in launching successful projects like the Australia Pacific LNG, Yamal LNG Projects, and the ExxonMobil DES. It is a universal fact that COSCO Shipping has an unparalleled expertise when it comes to oil products, LNG and similar products related to energy transportation. Sources: https://splash247.com/china-navigation-acquires-new-handy-containership/ https://www.seatrade-maritime.com/news/middle-east-africa/hutchison-ports-to-build-new-container-terminal-egypt/ http://www.maritimegateway.com/essar-ports-salaya-terminal-registers-160-per-cent-cargo-growth-q1/ http://www.eximin.net/NewsDetails.aspx?name=41796 https://maritime-executive.com/article/mol-and-cosco-cooperate-on-lng-and-ethane-projects