Shipping Trade & Transport News 18th September 2015
Port of Felixstowe
The Port of Felixstowe is creating an environmental corridor as part of the Go Green campaign launched by Hutchison Port Holdings (HPH) and a number of other global port operators. The initiative at Felixstowe will include the refurbishment of part of a system of dykes within the port. The work will include the improvement of habitats for wildlife as well as enhancing green areas within a busy industrial complex by planting a mixture of trees, grasses and wild flowers.
Port of Rotterdam
Broekman has opened its fully modernised Offshore & Heavy Lift Centre at the Broekman Breakbulk Terminal on the Waalhaven in Rotterdam.In addition to a massive renovation, the Centre on the former RDM site has been expanded to cover 16,000 square metresPort of Singapore
Singapore has clinched the top spot on an index of global shipping centres for the second year in a rowShipping Law
Dubai court issues landmark judgement recognising and reinforcing a foreign arbitrary awardThomas Miller acquires specialist marine law farm
Law of Contract
In the recent case of Sang Stone Hamoon Jonoub Co Ltd v Baoyue Shipping Co Ltd ([2015] EWHC 2288 Comm), Mr Justice Males provided direction on the potential liability of cargo owners to shipowners where they do not take delivery of the cargo and the recompense such shipowner may expect in return. In this case, the unpaid FOB seller of the goods (who held the bills of ladings) was found liable to the shipowner for storage charges greater than the value of the unpaid cargo.The United States Court of Appeals for the Fourth Circuit considered whether a supplier of necessaries had a valid maritime lien despite a “no lien” clause and stamp. In World Fuel Servs. Trading, DMCC v. Hebei Prince Shipping Co., 783 F.3d 507 (Fourth Cir. 2015), a bunker supplier arrested the vessel M/V HEBEI PRINCE, while she was anchored at the port of Norfolk, Virginia, for unpaid bunkers provided to the vessel in United Arab Emirates. The bunker order confirmation identified the bunker supplier as the “seller” and the charterer, the owners and operators of the vessel as the “buyer.” The confirmation also included language that: “Any disclaimer stamps placed by vsl on the bunker will have no effect and do not waive the seller’s lien.” The charterer due to financial problems failed to pay for the bunkers. Therefore, the supplier arrested the vessel and demanded that the vessel owner payed the outstanding amount.
Commodities
Grains, wheat eases on forecast of beneficial U.S rains, corn falls.Chicago wheat futures lost more ground on Thursday, giving up 2.8 percent in three consecutive sessions of decline, due to forecasts of helpful rains for the U.S. winter crop. Corn dipped as harvest of a near-record crop gathered pace across the Midwest and demand remained sluggish, while soybeans ticked higher after closing marginally lower on Wednesday. Chicago Board Of Trade December wheat fell 0.2 percent to $4.87-1/4 a bushel by 0245 GMT, having closed down 1.3 percent on Wednesday. December corn slid 0.3 percent to $3.85 a bushel and November
Steel
Safeguard duty will improve capacity utilisation of steel firms, says industryThe industry expects the safeguard duty of 20 per cent imposed by the Centre to provide a major relief for steel companies, which are reeling under rising costs, especially after huge capital investment and aggressive bidding for coal blocks. The industry feels capacity utilisation will increase gradually from the current level of 80 per cent, with increasing demand in the domestic market. TV Narendran, Managing Director of Tata Steel (India & South-East Asia) said the safeguard duty should help curb surging imports and predatory pricing, which has seen an increase
Taiwan flour millers commit to major wheat deal
The Taiwan Flour Mills Association has agreed to purchase 1.7 million tons of U.S. wheat over the next two years, much of which will come from Montana. The Billings Gazette reports (http://bit.ly/1Qjdj6R ) that the association committed to the purchase Wednesday while meeting with state lawmakers in Washington, D.C. Officials say the deal is worth $544 million. Taiwan purchases roughly 441,000 tons of wheat from Montana annually. The Taiwanese delegation visits the United States every two years to renew a letter of intent between the association and the United StatesEuropean Commission
Press release European Brussels, 17 September 2015 The European Commission has today adopted a legislative proposal offering additional temporary access for Tunisian olive oil to the EU market to help support Tunisia's recovery in the difficult period being faced by the countryInvestment Plan for Europe
European Commission - Press release Berlin, 17 September 2015 Over 15,000 start-ups in Germany will benefit from this €1 billion agreement signed today The European Investment Fund (EIF) and the German promotional bank KfW Bankengruppe have signed a €1 billion agreement for start-ups in Germany under COSME– an EU funding
CILT(UK) Level 3 Transport Manager CPC (TMCPC)
The Certificate of Professional Competence for Transport Managers (TMCPC) in Road Haulage is awarded by CILT (UK) on behalf of the Department for Transport and includes a range of subjects related to the business of road transport. The objective of the qualification is for individuals to obtain the competence requirements for a Transport Manager as laid out in Regulation (EC) No. 1071/2009.Who is the qualification for?
The qualification is for individuals who want to:
- Enter the profession of Transport Manager, or
- Demonstrate their professional competence to meet operator licensing requirements. (Holding a CPC is one of the elements an applicant must satisfy for Transport Commissioner to grant an 'O' License.)
A - Civil Law
B - Commercial Law
C - Social Law
D - Fiscal Law
E - Business and Financial Management of the Undertaking
F - Access to the Market
G - Technical Standards and Technical Aspects of Operation
H - Road Safety
This qualification can be partly funded through a level 3 higher apprenticeship certificate however students must be employed
note: higher apprenticeships are not linked to salaries and is A level standard.
Higher Apprenticeships are from Level 3 - Level 5 (foundation degree) and in some cases Level 7
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