Shipping Trade and Transport News 19th October 2015
Port News
Longshan Shipyard (China)
Crane collapses killing one worker with another missing. The crane collapsed onSaturday morning during repairs. It would appear that the crane was being overloaded at the time of the accident.
COSCO and China Shipping Group in Advanced Merger talks
This merger would create the worlds's fourth largest container operation. The join capacity would be in the region of 331 vesselsChittagong Port (Bangladesh)
Chittagong port has formally opened their new container terminal by releasing ballloons into the air at 4.30 today. Chittagong City Corporation mayor AJM Nasir Uddin, local lawmaker MA Latif MP, Chittagong Port Authority chairman Rear Admiral Nizam Uddin, private berth operator Saif Powertec’s managing director Tarafdar Ruhul Amin, local business people, trade body leaders and port users were present on the occasion.Port Sudan
CMA CGM implements Port Congestion Surcharge in Port Sudan. The port export and import USD 100 per TEU which was introduced on the 15th October (Bill of Lading date)
Vessel News
CMA-CGM Rossini
On Oct 18, 2015, the "CMA CGM Rossini" enroute from Port Klang to Cape Town found both men from the capsized catamaran "Lama Lo" alive and well adrift at sea in a life-raft about 51 nautical miles off Kidd’s Beach, East London. They were found adrift in the "Lama Lo"’s tender at 6.25 p.m. The "CMA CGM Rossini" came alongside the tender after reporting that the two men were rowing towards them and they took both men on-board their ship. Jean Sitruk, 65, from Lyon and Kyle Castelyn, 30, from Strand, Cape Town, have requested to stay on board the ship which was bound for Cape Town and were due to arrive there on Oct 20. The MRCC had tasked the vessel, one of six ships that were assisting in the search with the NSRI and an SAAF helicopter to go back to the last known position of the EPIRB and to search between there and where the catamaran was physically located. Although that area had been searched earlier it was decided in the fading light to re-cover all ground and it was in this leg of the search effort that the tender was located with both men on board. Both men were reported to be in good spirits. The families of the two men have been informed with the good news.
Trade News
US, EU open free-trade talks in Miami
The 11th round of talks on the Transatlantic Trade and Investment Partnership, or TTIP, were under new pressure to advance two weeks after Washington scored a major triumph with the agreement to set up a Pacific free-trade group with Japan, Canada and nine other countries.
But public resistance to a TTIP deal, especially from Europe, has slowed progress, amid worries that the US wants Europe to weaken its health, labour and environmental rules under the deal.
Speaking in Madrid, US Secretary of State John Kerry said that, like the Trans-Pacific Partnership free-trade pact, the aim of TTIP is to remove barriers to trade and investment that hamper economic growth and job creation.
"With the passage of the TPP, it is really important for Europe now to come together now around the TTIP because this can help to elevate the rules and regulations by which we do business all across the planet," Kerry said.
West prepares to end sanctions as Iran deal adopted
(WASHINGTON) - The United States and Europe began preparing to lift the trade sanctions that have hobbled the Iranian economy on Sunday, as a historic nuclear deal came into effect.The procedure to lift the embargo began 90 days after the UN Security Council endorsed the accord signed in Vienna in July, a milestone referred to as "Adoption Day."
But foreign firms will not be able to resume ties with Iran's oil industry and banks right away -- sanctions will remain in place until Iran fulfils its end of the bargain.
The next stage in the process -- "implementation day" -- will only come when UN nuclear watchdog the IAEA confirms Iran has dramatically scaled back its nuclear program.
Iran said that lengthy process will probably start this week.
Scotland's SNP vows to fight to keep Britain in EU
(ABERDEEN) - The leader of the Scottish National Party pledged Saturday to fight to keep Britain in the European Union, as pressure mounts on the government to clarify its stance on the issue.Prime Minister David Cameron has promised to hold a referendum on EU membership by the end of 2017, but both his pro-EU allies and euro sceptics within his ruling Conservative Party are growing impatient.
"David Cameron might play fast and loose with our place in Europe. Be in no doubt - the SNP will campaign positively for Scotland, and the UK, to stay in the European Union," Nicola Sturgeon told SNP party members on the last day of her party's conference.
"We despair at the failure of leadership of a prime minister pandering to euro sceptics in his party, but unable to articulate clearly and precisely what it is he is seeking to renegotiate," she added, speaking in Aberdeen, northeast Scotland.
Cameron plans to renegotiate the terms of Britain's membership of the 28-member-bloc, but says he cannot guarantee he will get what he wants and has not ruled out campaigning for a British exit.
Transport News
- Budget report promises review of the time it takes to get HGV licence
- Ministers will also review need for funding extra training courses
- Follows warning of a shortage of 45,000 lorry drivers hitting supply chain
Emergency cash could be found to avoid a chronic shortage of lorry drivers leading to crisis in food supplies.George Osborne is examining plans to offer funding to help with training of new drivers, amid warnings of shortage of 45,000 hauliers.Tests which have been blamed for the problems in the industry could also be accelerated to address the shortage of qualified drivers.
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