Original news was published on 03 May, 2017

Singapore is on the path to become liquefied natural gas (LNG) bunker-ready in line with the International Maritime Organisation’s (IMO) decision to limit global sulphur emissions to 0.5% from 2020.

Speaking at Pavilion Energy’s Liquefied Natural Gas (LNG) bunkering launch ceremony, Koh Poh Koon, senior minister of state at Singapore’s Ministry of Trade and Industry, said that LNG bunkering is poised to grow in line with international developments in the maritime industry.

“As the world’s largest bunkering port, Singapore remains committed to ensuring that the maritime industry has access to cleaner marine fuels. We plan to be LNG bunker-ready as early as 2020, and today is an important milestone in this journey,” Koh Poh Koon said.

The Maritime Port Authority of Singapore (MPA) has a programme to co-fund up to SGD 2 million (USD 1.43 million) for LNG-fuelled harbour craft. Five such harbour craft, which include tug boats and bunker tankers, will be coming on stream from 2018 onwards,  Koh Poh Koon said.

Additionally, through the Port Focus Group which Singapore is a member of, “we will also keep abreast of developments in LNG bunkering, learn best practices from other members, and participate in building a network of LNG bunker-ready ports for vessels plying the Far-East Europe and Transpacific routes.”

Following the award of LNG bunkering licences to Pavilion and FueLNG in 2016, the MPA will embark on a three-year LNG bunkering pilot program this year. The program would test operational protocols, gain operational experience and improve Singapore’s capabilities to ensure that LNG bunkering is carried out safely, efficiently, and reliably.

*NEWS SOURCE

Original news was published on 27 April, 2017

US-based ship operator Eagle Bulk Shipping has taken delivery of the first of nine Crown-63 Ultramax dry bulk sister vessels, which were purchased from Greenship Bulk Trust in March 2017.

The 63,500 dwt MV Mystic Eagle, previously named JS Tamise, joined the company’s fleet consisting of 41 vessels on the water, including 3 Ultramax ships.

The bulk carrier was constructed in 2013 by China’s shipbuilder Dayang Shipbuilding.

Following the delivery of the remaining eight Ultramaxes, which are scheduled to join Eagle Bulk Shipping’s fleet over the coming months, the company’s pro-forma owned-fleet will consist of 49 Supramaxes and Ultramaxes.

Under the agreement between the parties, which was first unveiled in late February 2017, the US owner initially agreed to acquire six Crown-63 Ultramaxes. The company later received an approval to acquire another three dry bulk sister vessels.

“We are pleased to have been able to secure this fleet acquisition of 9 quality Ultramax vessels, and look forward to having them join Eagle’s fleet over the coming months,” Gary Vogel, Eagle Bulk’s CEO, earlier said.

Eagle Bulk acquired the nine ships, which would be renamed after Connecticut coastal towns, for a total of USD 153 million.

*NEWS SOURCE

Original news was published on 25 April, 2017

International Container Terminal Services Inc (ICTSI) with the Philippine Department of Transportation (DoT) will develop a six-hectare container roll-on roll-off barge terminal at Tanza, Cavite.

The Cavite Gateway Terminal (CGT) located in the southern part of Manila Bay will facilitate off-the-road sea borne transport of containers between ICTSI's Manila International Container Terminal and Cavite, reported the American Journal of Transportation.

The project is in line with DoT's national transport plan, which aims to utilise nautical highways more efficiently for the movement of goods. The US$30 million (PhP1.5 billion) Phase 1 of the development will have an annual handling capacity of 115,000 TEU, equivalent to 140,000 fewer truck trips on city roads each year.

The terminal will be integrated with other major Luzon port facilities for more cost-effective and time-effective access to the Cavite market.

*NEWS SOURCE

Strong partners are going on to join Overseas Project Cargo Association from all around the world. Today it is our pleasure to share with you that V.PACK & MOVE (BANGKOK) CO., LTD. joined our group from THAILAND.

Let's welcome our new agent on board of Overseas Project Cargo Association!

V.PACK & MOVE (BANGKOK) CO., LTD.
ADDRESS: 90/1 Moo 4, Bangchalong, Bangplee, Samutprakarn, 10540 Bangkok, Thailand
CONTACT: Jim Holloway / International Advisor
TEL: +66 2 750 9555 (Auto 40 lines)
FAX: +66 2 750 9556-7
WEB: www.vpackmove.com

COMPANY PROFILE

V.Pack & Move (Bangkok) Co., Ltd. was founded in 1989. Since then, they have entered many packing and shipping markets covering a very diverse section of industry and personal packing and moving services. Today, they have become one of Thailand’s leading packing and moving companies with their own 3,000 square meter warehouse, offices and even staff accommodation. They also have an office in Laemchabang to handle all customs formalities at the ports on the Eastern Seaboard. They have a fleet of vehicles consisting of pickup trucks, jumbo pickups, 6 wheel van with tailgate lifter, 6 wheel trucks and 10 wheel trucks with 5 ton capacity cranes.

As they have grown, they have researched and studied the most up-to-date packing methods and materials to ensure that their services are on par with the best worldwide standards. They strongly believe that they have, and continue to deliver customer satisfaction through their dedication to continuous training and implementation of the latest technology.

You can click here to review the services of our new agent.

VISIT WEBSITE (CLICK HERE!) | VISIT OPCA PROFILE (CLICK HERE!)

Original news was published on 21 April, 2017

Antwerp's cargo throughput in the first quarter increased by 1.5 per cent year on year to 54.3 million tons, while container volume rose 0.7 per cent to 2.48 million TEU.

CEO Jacques Vermeiren was quoted as saying in an American Shipper report: "Since the first half of last year experienced better performance than the second half, it is important to see the volumes continuing to steadily increase in the container segment. This positive trend confirms the demand for additional container capacity in the Antwerp port area."

The roll-on/roll off sector experienced a 5.3 per cent year-on-year increase in the first quarter, finishing out at 1.2 million tons, with the number of cars handled up 2.8 per cent to 316,988 units.

Breakbulk volumes for the quarter jumped 8.3 per cent thanks to the influx of steel, which in itself was up 14.7 per cent. Dry bulk grew by 6.7 per cent to 3.2 million tons on the back of higher imports of ore and coal.

*NEWS SOURCE

New partners are going on to join Overseas Project Cargo Association from all around the world. Today it is our pleasure to share with you that STRATEGIC GLOBAL PARTNERSHIP (HK) LTD. joined our group from HONG KONG.

Let's welcome our new agent on board of Overseas Project Cargo Association!

STRATEGIC GLOBAL PARTNERSHIP (HK) LTD.
ADDRESS: Flat A & C, 4/F., King Win Factory Building, 65-67 King Yip Street, Kwun Tong, Kowloon, Hong Kong
CONTACT: Chris Wong
TEL: +852 3586 9363
FAX: +852 3586 9699
WEB: www.go2sgp.com

COMPANY PROFILE

Strategic Global Partnership (SGP) was founded in the 2014 thriving on a new energy with established experience from global partnerships to serve their customers in the air, sea and land. Today, SGP is headquarted in Hong Kong with offices located in Singapore and United Kingdom.

Their team manage their customers' special project from first concept through to delivery regardless of commodity size, weight or configuration. They can propose the most suitable solution for their customers.

With a key focus on safety and efficiency, they can extend their services to meet the requirements of a wide range of industries for the transportation of their customers' global out-of-gauge, breakbulk, heavylift and project cargoes.

You can click here to review the services of our new agent.

VISIT WEBSITE (CLICK HERE!) | VISIT OPCA PROFILE (CLICK HERE!)

Original news was published on 20 April, 2017

Crude oil tanker company DHT Holdings has taken delivery of DHT Utik, the first of eleven very large crude carriers (VLCCs) acquired from BW Group.

Previously known as BW Utik, the ship was bought for USD 23.2 million, VesselsValue’s data shows.

The 299,500 dwt tanker was built by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) in 2001.

With a gross tonnage of 157,814 tons, DHT Utik has a length of 332 meters and a width of 58 meters.

On March 23, DHT Holdings signed an agreement with BW Group to buy the eleven ships, including two newbuildings slated for delivery in 2018.

“All nine vessels in the water are expected to be delivered during the second quarter 2017,” the company said.

As a result of the acquisition, DHT will have a fleet with an average age of 6.9 years, consisting of 30 VLCCs, including four newbuildings set for delivery in 2018, and two Aframaxes.

*NEWS SOURCE

INVITATION BY TPL (TRANSPORT & PROJECT LOGISTICS) BVBA - BELGIUM
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TPL (Transport & Project Logistics) bvba: member of Breakbulk Club of Port of Antwerp

Exhibiting in Hall 1 – Together with Port of Antwerp.

TPL kindly invites OPCA Breakbulk visitors for welcome drink on 24th April between 17:00 – 20:00 pm.

Contact Details:
Contact: Robert Vermetten
Website: www.tplprojects.com

TPL is looking forward to meeting you in Breakbulk Europe!
Otherwise, want to see you in Bali INDONESIA!

For your kind information.

Original news was published on 18 April, 2017

Singapore-based First Ship Lease Trust (FSL Trust) has reached an agreement to employ its vessel Aframax crude oil tanker FSL Hong Kong in the Teekay Group Revenue Sharing Agreement post dry docking.

The 115,000 dwt tanker was previously employed on a two-year time charter with refiner and marketer of petroleum products Tesoro since June 2015.

Built by South Korean shipyard Samsung Heavy Industries in 2007, the 61,342 gross ton tanker features a length of 250 meters and a width of 44 meters. Its current market value stands at USD 18.6 million, data provided by VesselsValue shows.

“We are very pleased to announce the employment of FSL Hong Kong in the Teekay RSA, strengthening the Trust’s valued relationship with this market leader in the Aframax segment,” Roger Woods, Acting Chief Executive Officer of FSL Trust Management, said.

FSL Trust’s second crude oil tanker FSL Shanghai is employed with global commodities trader Trafigura on a two-year time charter with options to extend the agreement for a further 12 months. The vessel commenced its time charter in August 2015.

*NEWS SOURCE