4 November 2019

Latest Updates - Maritime Shipping - 4 Nov 2019

Latest Updates - Maritime Shipping - 4 Nov 2019
Major Brands Like Nike Rebel Against Shipping Services Across The Arctic The entire world has now come to a serious realization regarding the grave situation that we are in and how global warming and the ever-increasing levels of pollution are degrading our environment to an irreversible extent. The ripples of consequences are gripping the world and the maritime industry is no exception. In a pledge against causing any further damage to our precious environment, major global brands such as Nike have teamed up with the others to vote against the exploitation of the unexplored Arctic region for trading purposes. Echoing this thought, Nike has collaborated with the Ocean Conservancy to take the initiative and launch the Arctic Shipping Corporate Pledge, which will play an integral role in assembling the right businesses against shipping across the Arctic. Yang Ming Is Ready To Introduce Its New Southeast Asia Service On 12th November The Yang Ming Marine Transport Corporation has planned on launching the new Southeast Asia service called the ITS service that will act as a connecting link across Indonesia- Singapore/ Malaysia - Thailand, which will be applicable from 12th November onwards. Currently, Yang Mind is in charge of an incredible fleet that includes 101 vessels with an operating capacity of 673,000 teu. The world-famous shipping organization has decided to no less than three well-equipped container vessels that are of the individual capacity of 1,180 teu. The final rotation of the ITS service will feature the major ports of Singapore - Port Kelang - Semarang - Surabaya - Port Kelang and Singapore again, Laem Chabang, Bangkok, Laem Chabang and back to Singapore. It is being rightfully predicted that the new Southeast Asia service will come in handy for providing a much better access to the trading markets in Thailand and Indonesia. Cochin Port Trust Plans To Install Rooftop And Floating Solar Power Systems The Cochin Port Trust (CoPT) has come up with a brilliant idea of installing new rooftop and floating solar power systems within the port premises. The utilization of solar power will certainly go a long way in conserving the natural, exhaustible sources of energy while drawing sufficient power from the unlimited ones, like the mighty sun has to offer. At the start of the upcoming solar power project, around 14 blocks of a residential building with flat-roof will be targeted for installation. The entire scope of the project will emphasize on the site survey, the proper identification of rooftop or even water bodies, planning and designing, engineering, manufacturing and construction, available storage, civil work, analyzing and testing, and last but not least, commissioning of the power systems. The rooftop solar power and floating solar projects is all set to be implemented on a BOOT (Build-Own-Operate-Transfer) concept for a period of around 25 years. The V.O.C. Achieves Great Honour By Winning The National Award For Excellence In Cost Management The V.O. Chidambaranar Port has constantly excelled in its performance in the shipping industry and this time, it has even bagged the prestigious National award for its Excellence In Cost Management with respect to the category of ‘Transportation and Logistics’ to be precise. Over the years, the port has definitely made an honest effort in decreasing the cost per tonne, reduction in electrical costs, and the regulation of handling cost when it comes to equipment. The V.O. Chidambaranar Port has set a fine example to the rest of the nation by not only installing energy-efficient LED lighting, but also implementing the solar power systems as an alternate source of renewable energy. Japanese Carrier ONE Returns To A Profitable Phase The popular Japan-based shipping carrier called the Ocean Network Express (ONE) is the collaboration of container shipping companies like K Line, NYK and MOL. During its inception and the first year of providing services, the ONE had undergone a bad phase and had somewhat failed in aligning the various services and regulating the operations and booking systems. In order to come out of this mess, the carrier had made significant changes through cost reduction, saving fuel and optimizing the cargo portfolio. Now, the organization is in a much better position and is looking forward to creating a mark across the globe. Sources: https://splash247.com/just-dont-do-it-nike-and-others-demand-ships-avoid-the-arctic/ https://www.seatrade-maritime.com/industry-sectors/containers/yang-ming-to-launch-new-southeast-asia-service/ http://www.maritimegateway.com/cochin-port-trust-install-nearly-1-mw-rooftop-floating-solar-systems/ http://www.eximin.net/NewsDetails.aspx?name=42420 https://maritime-executive.com/article/one-returns-to-profitability-1 .

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