Shipping Trade and Transport News 13th September 2015
Bunker Fuel
SDR Rates for the United Kingdom
Left to right from the 8th September to 11th September 2015
| U.K. Pound Sterling | 1.0949900000 | 1.0959000000 | 1.0952200000 | 1.0953700000 |
Sunday, 13 September 2015
Saturday, 12 September 2015
Next week we are promoting one of our companies and we hope you will support us in this.
This company must be congratulated for its services to people without safe drinking water. as they play an important part to solve the 783 million people wo do not have access to safe clean drinking water. LIFESAVER technology transforms dirty, contaminated water sources into clean, safe and sterile drinking water, instantly. Working to combat the challenges the world faces when it comes to contaminated water sources and the viruses and bacteria which spread as a result. The bottle can be used over and over again and in some cases for several years.
If you are going abroad and have concerns about the quality of the water this may be an option to bottled water. Their website is: http://www.lifesaversystems.com/
The Lifesaver System Ltd
This company must be congratulated for its services to people without safe drinking water. as they play an important part to solve the 783 million people wo do not have access to safe clean drinking water. LIFESAVER technology transforms dirty, contaminated water sources into clean, safe and sterile drinking water, instantly. Working to combat the challenges the world faces when it comes to contaminated water sources and the viruses and bacteria which spread as a result. The bottle can be used over and over again and in some cases for several years.
If you are going abroad and have concerns about the quality of the water this may be an option to bottled water. Their website is: http://www.lifesaversystems.com/
Shipping Trade and Transport News 12th September 2015
Vessel News
Rotterdam not just the largest terminal – the most modern as well
The port of Rotterdam is not only home to ultra-modern container terminals, but also to a truly cutting-edge dry bulk terminal?
Clearing agents to shut down Lagos ports over restriction of trucks
The Association of Nigerian Licensed Customs Agents (ANLCA) on Thursday threatened to shut down the Lagos ports over restriction order on movement of trucks.This is contained in a statement made available to newsmen in Lagos by the National Publicity Secretary of the association, Mr Kayode Farinto.
The statement said the association might have no option than to collaborate with trailers drivers, ask its members to withdraw their services and shut down the ports.
CMP Looking into Relocation of Its Container Terminal
CMP, operator of the container terminal in Nordhavn, Copenhagen has signed a letter of intent with the Port of Køge to explore the possibilities for future cooperation on relocation of CMP’s container terminal.Trade News and Updates
Transatlantic Trade & Investment Partnership Advisory GroupMeeting agenda – 17 September 2015
14:00-17:30, Charlemagne building
1. Investment protection and investor arbitration
2. Sectors
3. Update and forward look
4. Any other business
Updates will follow as they become available.
These will include ; Rules of Origin in TTIP - Reasons for negotiating rules of origin
European Commission supports better access to medicines in poorest countries
The Commission agreed to support the least developed countries’ call for easier access to cheaper medicines by means of an indefinite exemption from World Trade Organization (WTO) intellectual property rules for pharmaceuticals
Outreach - Update on Environmental Goods Agreement (EGA) negotiations
The EGA aims to remove barriers to trade in environmental goods to reduce their cost and increase their uptake globally. Environmental goods cover technologies crucial for e.g. renewable energy generation, waste management, water treatment, air pollution control, environmental remediation and clean up, environmental monitoring and analysis, and energy efficiency.
$200k grant available for fuel-saving technology
Carbon War Room (CWR), a non-profit organisation backed by Virgin boss Richard Branson, reports that it is to make grants up to US$200,000 to finance shipowners or charterers in retrofitting a single vessel with a bundle of technologies, with the aim of creating a minimum fuel saving of 10–15 per cent.
Carbon War Room (CWR), a non-profit organisation backed by Virgin boss Richard Branson, reports that it is to make grants up to US$200,000 to finance shipowners or charterers in retrofitting a single vessel with a bundle of technologies, with the aim of creating a minimum fuel saving of 10–15 per cent.
Friday, 11 September 2015
Shipping, Trade and Transport News 11th September 2015
Vessel News
M.V. C-retriever USA
Seafarer held captive by pirates takes employer to court in landmark case
A seafarer in the US is suing Edison Chouest Offshore and Galliano Marine Services for injuries suffered during a 2011 piracy incident.
Ports
Port of Chennai - India
Maersk Line to shut service from Chennai to Mediterranean ports
Exporters and importers shipping cargo containers directly to Mediterranean destinations through the Chennai port will have to re-route them via Colombo, Salalah or Singapore from October as Maersk Line, world’s biggest container shipping line, has decided to shut its weekly direct service which was started in February.
Manzanillo - Panama
Largest cranes in Latin America arrive at MIT Four new super post-Panamax gantry cranes, the largest in Latin America, arrived in Manzanillo International Terminal
Port of Halifax Canada
Port of Halifax welcomes another large cargo vessel The G6 Alliance service through the Port of Halifax continues to bring additional large cargo vessels through the port. Today, the port community will welcome the OOCL Southampton
Trade News
Outcome of the Trilateral Talks on the Implementation of the EU-Ukraine Association Agreement/Deep and Comprehensive Free Trade Area
Joint Operational Conclusions by the European Commission, the Russian Federation and Ukraine following trilateral talks on the Implementation of the EU-Ukraine Association Agreement/Deep and Comprehensive Free Trade Area. This will be provisionally be applied on the 1st January 2016
Taking note of the current unsatisfactory developments of the trade flows, the participants have reaffirmed their commitment towards achieving practical arrangements that would contribute to maintaining open economic relations with a view to enabling economic growth.
Commodity weakness hurting trade volumes
The decline in commodity prices has limited trade finance volumes and the number of deals taking place. The slump in commodity prices has had a significant know on effect in trade financing volumes
Country Profile
Mexico South America
GDP Growth July 2015 2.2%
Unemployment July 2015 4.72%
Balance of trade -2267 USD Million
Inflation July 2015 - 2.59%
Exports
Manufactured products, oil and oil products, cars, and now represents 26% of total shipments. Their main trading partners are USA, Canada
Imports Metallic products, machinery and equipment, mining , chemicals, plastic and rubbers products. Their main training partners are USA, China and Japan
Mexico has a trade agreement with Europe (EUR1)
Thursday, 10 September 2015
Vessels get bigger, Ports merge, EU takes control!
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.
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