Vessel News
m.v.Cap Domingo – chartered to Germany’s Rudolf A Oetker KG
Sale of Diana containership falls through
The sale of a panamax boxship owned by Diana Containerships has fallen through after the buyer failed to receive approval from its board of directors. The sale of the Cap Domingo (3,739 teu, built 2001) was agreed for $24.25m on July 28, subject to the green light from the unnamed buyer’s board. NASDAQ-listed Diana Containerships said it was informed on September 4 that the approval had not been granted. The vessel is currently chartered to Germany’s Rudolf A Oetker KG on a one-year contract
The sale of a panamax boxship owned by Diana Containerships has fallen through after the buyer failed to receive approval from its board of directors. The sale of the Cap Domingo (3,739 teu, built 2001) was agreed for $24.25m on July 28, subject to the green light from the unnamed buyer’s board. NASDAQ-listed Diana Containerships said it was informed on September 4 that the approval had not been granted. The vessel is currently chartered to Germany’s Rudolf A Oetker KG on a one-year contract
Ships to be auctioned
Ningbo court to auction off two Hong Sheng Gang Tai ships (multi-purpopse)
Ningbo Maritime Court has announced that it will auction two ships of defunct Hong Sheng Gangtai Shipping
Qingdao Maritime Court to auction Shunda vessel (general cargo)
Qingdao Maritime Court has announced that it will auction Quanzhou Shunda Shipping’s general cargo vessel Shun Chang Hong on September 18
Geest Line helps Dominican relief effort
Shipping line Geest helps Dominican relief effort
UK-based Caribbean cargo specialist specialist Geest Line is rallying to the cause of relief efforts for the devastated storm-hit island of Dominica.Tropical Storm Erika on 27 August 2015.
Port News
Port of Antalya Turkey
Hapag-Lloyd starts weekly calls to Antalya Port
Hapag-Lloyd has started weekly calls to Antalya Port in Turkey with immediate effect via feeder transshipment in the port of Piraeus
Port of Halmstad Sweden
Unifeeder adds Rotterdam/Halmstad to its Scandinavian network
Unifeeder added a Rotterdam/Halmstad (Sweden) link to its Scandinavian network with the following schedule:Rotterdam Sunday/MondayHalmstad FridayRotterdam Sunday/Monday Terminals in Rotterdam ECT Delta, Euromax, RST First sailing ETD Rotterdam 28.09.15ETA Halmstad 02.10.15 Vessel MV Spirit, 809 TEU’
Unifeeder added a Rotterdam/Halmstad (Sweden) link to its Scandinavian network with the following schedule:Rotterdam Sunday/MondayHalmstad FridayRotterdam Sunday/Monday Terminals in Rotterdam ECT Delta, Euromax, RST First sailing ETD Rotterdam 28.09.15ETA Halmstad 02.10.15 Vessel MV Spirit, 809 TEU’
Equipment
Port of Bronka – Saint Petersburg Russia
Multipurpose Sea Cargo Complex "Bronka" (MSCC Bronka, Sea Port of Saint-Petersburg) has welcomed its first commercial vessel today, September 8, 2015, IAA PortNews journalist reports from the site. Ro-Ro ship Finnmill (Finnlines) with port equipment on board moored at Bronka’s Berth No 2. The ship has delivered 25 Terberg YT 222 marine tractors with the capacity of 35 t each. This state-of-the-art equipment features enhanced capacity and strengthened design of major units.
Port of Haifa Isreal
Bank Leumi to give 620 mln shekel credit to build new Haifa port
Bank Leumi will provide a credit framework of 620 million shekels ($158 million) to Ashtrom Group and Shapir Engineering and Industry Ltd for the building of a new port in Haifa.
Port of Khalifa Abu Dhabi Ports
Khalifa Port Container Terminal adds Hyundai’s ‘KMS’ service to its growing network list
Khalifa Port Container Terminal (KPCT), managed and operated by Abu Dhabi Terminals, added a new service to its growing network list. Hyundai’s KMS service made her maiden call to Abu Dhabi’s main port on Saturday 5th September with the 6,800 TEU ‘Hyundai Bangkok’. Hyundai Merchant Marine (HMM) has become the latest carrier to increase their services at KPCT
Port of Paranagua Brazil – Maersk acquisition
Maersk APM Group Buys Grup Maritim to Expand Port Network in Latin America
A.P. Moeller-Maersk A/S’s terminal unit said Tuesday it agreed to buy a Spanish rival to expand its port network by almost 20 percent. APM Terminals will pay an undisclosed sum for Barcelona-based Grup Maritim TCB, thereby adding 11 container terminals to its existing network of 63.
A.P. Moeller-Maersk A/S’s terminal unit said Tuesday it agreed to buy a Spanish rival to expand its port network by almost 20 percent. APM Terminals will pay an undisclosed sum for Barcelona-based Grup Maritim TCB, thereby adding 11 container terminals to its existing network of 63.
Port of Saldanha – South Africa
South Africa mulls R20bn gas port at Saldanha Bay
South Africa could build its first R20 billion ($1.4 billion) liquefied natural gas (LNG) import facility at the west coast port of Saldanha Bay to feed gas-to-power projects aimed at easing chronic supply shortages, an official said on Tuesday. Importing LNG is among the options Africa’s most developed economy is considering to diversify its energy sources away from coal and ease power shortfalls that have curbed growth. Several companies, including Shell, Mitsubishi and Sasol, are expected to bid for 3 126 megawatt (MW) gas-to-power projects in the first quarter of 2016.
Trade News
The WTO Trade Facilitation Agreement gets the EU Parliament’s green light
In a plenary vote today, the European Parliament provided consent to the EU’s ratification of the Trade Facilitation Agreement
The deal involving all members of the World Trade Organization (WTO) is expected to simplify and modernise customs procedures around the world,
Are you prepared for this change in 2016?
The deal involving all members of the World Trade Organization (WTO) is expected to simplify and modernise customs procedures around the world, help small businesses access new export opportunities and play a significant role in increasing developing countries' involvement in global value chains.
European Customs
Further information is available concerning the new regulations for:
Anti-Dumping
Anti Subsidy
Safeguarding
Statistics covering the first eight months of 201. The statistics have not been subject to a detailed analysis but rather give an indication of the evolution of the anti-dumping, anti-subsidy and safeguard activities 25 investigations were initiated which included 8 new investigations, 5 expiry reviews, 5 interim reviews and 6 anti-circumvention investigations.
EU and Vietnam reach agreement on free trade deal
The EU and Vietnam have today reached an agreement in principle in the negotiations for a Free Trade Agreement (FTA), after two and a half years of intense talks.
This agreement will remove nearly all tariffs on goods traded between the two economies. "We have a deal. This finely balanced agreement will boost trade with one of Asia’s most dynamic economies. It sets a new, better and modern model for Free Trade Agreements between the EU and developing countries, and establishes a good standard for the trade relationship between the EU and South East Asia
The European Commission today welcomed the WTO General Council’s decision to approve the accession of the Republic of Kazakhstan to the Organization. Once the accession procedure is completed, Kazakhstan will become the 162nd member of the WTO.
Full details are available on request with associated country profile for products and services
Further information
The EU has progressively become Kazakhstan's first trade partner, with almost 40% share in its total external trade. Kazakhstan's exports to the EU are heavily dominated by oil and gas which account for more than 80% of the country's total exports. Exports from the EU are dominated by machinery and transport equipment, as well as products within the manufacturing and chemicals sectors. Imports from Kazakhstan substantially exceed EU exports to Kazakhstan.
Trillion-euro global high-tech trade deal agreed
The European Union, the United States, China and the vast majority of the World Trade Organization (WTO) members that were participating in the negotiations agreed today to eliminate custom duties on 201 high-tech products.
The extension of the 1996 Information Technology Agreement (ITA) is the biggest tariff-cutting deal in the WTO in almost two decades
There will benefits to both consumers and firms alike by removing customs duties on a wide range of goods, including medical equipment, video games and consoles, home hi-fi systems, headphones, blue-ray/DVR players, semi-conductors, and GPS devices
The way ahead for the EU-Cariforum Economic Partnership Agreement
EU Trade Commissioner Cecilia Malmström is in Georgetown, Guyana today for a meeting with Trade Ministers from all across the Caribbean region.
Their aim is to take stock of the first five years of the EU-CARIFORUM Economic Partnership Agreement (EPA) and plan the next phase of cooperation.
For further details contact us by email info@felixstowe-ac.co.uk or speak to your tutor.
