Blogs

Koole Terminals And Maersk Oil Trading Has Signed An Agreement To Produce 0.5% Sulphur Fuel Maersk Oil Trading company has declared the sanctioning of an agreement along with Koole Terminals to generate 0.5% sulphur fuel in Rotterdam that is in accordance to the upcoming IMO regulations in 2020. This action will certainly throw the limelight on the Port of Rotterdam that will play an integral role in the IMO 2020 bunker plans for the world-famous, Danish shipping organization. The Petroleum Industrial Distillation (PID) unit at Koole’s Botlek site has been recently announced as the suitable production site, which is located right in the middle of the Port of Rotterdam. It has been predicted that the annual production will cover no less than 5-10 percent of the annual fuel demand as put forward by Maersk. CargoSmart And Shanghai Shipping Exchange To Build A New Shipping Index The Shanghai Shipping Exchange and CargoSmart has together sealed a deal to construct a new shipping index that will be well-equipped to calculate the reliability of the ocean carrier schedule. This special Memorandum of Cooperation will come in handy to meticulously design an advanced technique to correctly measure the schedule reliability for the key trade lens and hence, strive to improve the service quality of the maritime industry. This shipping index will be of great use to the shippers when they wish to optimize their individual supply chains and enhance the efficiency of necessary services. This modernized version of the shipping index will provide a whole new insight into the supply chains and will definitely increase the level of transparency in the ocean carrier performance. APMT Mumbai Has Been Successful In Establishing A New Online Service APM Terminals Mumbai has now made it possible to submit the Additional Service Requests (ASR) through its Customer Service Portal on an online platform. Needless to mention, this automated procedure will prove to be much simpler and faster than the manual processing that was prevalent earlier, which will also offer a higher level of transparency to the customers involved. With the introduction of this wonderful online service, it has now become more convenient to access an approximate of 20 export and 20 import services that cover the important issues like seal fixing, empty container storage, priority delivery, break-bulk handling, inter-terminals transfer and lots more. Mumbai Port Is Now Providing Services Regarding An Emergency Towing Vessel (ETV) The Mumbai Port has taken its services a notch higher and is now offering a long-term service of an Emergency Towing Vessel (ETV) that was launched on 3rd September. The Emergency Towing Vessel will prove to be beneficial in helping out the vessels that are affected by the adverse weather conditions during the unpredictable monsoon season in our country. Earlier, the use of EPVs had been advocated along the coast when the south-west monsoons are raging in India. After exploring the alternative ways of employing ETVs in the maritime year throughout the year, it has been made possible to attach the services of an Emergency Towing Vessel by willing co-opting port authorities, such as the one mentioned above. Ship Finance International Is Ready To Acquire Three Crude Oil Carriers The Ship Finance International (SFL) is a renowned ship owning and chartering organization that is looking forward to acquisition of three 300,000 dwt crude oil carriers, which are popularly known as VLCCs. According to sources, the vessels that were previously ordered during 2018 are now being built at Daewoo Shipbuilding and Marine Engineering (DSME) in Korea. These well-designed VLCCs will include the latest eco-friendly features in the shipping industry, such as the exhaust gas cleaning systems. Sources: https://splash247.com/maersk-and-koole-terminals-to-produce-0-5-sulphur-fuel-in-rotterdam/ https://www.seatrade-maritime.com/news/asia/shanghai-shipping-exchange-and-cargosmart-to-develop-schedule-reliability-index/ http://www.maritimegateway.com/apmt-mumbai-introduces-new-online-service/ http://www.eximin.net/NewsDetails.aspx?name=42013 https://www.marinelink.com/news/sfl-acquires-three-vlcc-newbuildings-470428