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12,562 TEU – NEW HIGHEST HANDLING RECORD PER MOTHER VESSEL SET BY TAN CANG – CAI MEP INTERNATIONAL TERMINAL (TCIT)  (18/2)

On 15/02/2020, Tan Cang – Cai Mep International Terminal (TCIT) has once again set the new highest handling record per vessel while dispatching ONE GRUS (belong to FE5 Service connects Vietnam - Europe) deployed by THE Alliance with the handling volume of 12,562 TEU (1 TEU = twenty-foot equivalent unit), broken the previous record set on December 2019 on the same vessel.

DITP grants ELMA 2019 to 3 winners for the achievement of their world-class logistics management practices  (29/8)

The Department of International Trade Promotion (DITP), Ministry of Commerce granted the Excellent Logistics Management Award 2019 or ELMA 2019 to “JPK Cold Storage Company Limited”, “Leo Global Logistics Public Company Limited”, and “ThaiSomdej Service Company Limited” for demonstrating their world-class logistics management practices.

HAPAG-LLOYD FINED FOR FAILING TO DECLARE DANGEROUS GOODS  (19/8)

The company said it does not properly declare the dangerous cargoes before shipment is a violation of the Hazardous Materials Regulations. Violators may also be subject to monetary fines and/or criminal prosecution under applicable law.

Smart devices can change utility and value of containers – Drewry  (19/8)

Smart devices could transform radically the utility and value of shipping container equipment assets, according to Drewry’s latest Container Census & Leasing Annual Review & Forecast 2019/20 report.

Charterers Liable for Demurrage Despite Invalid NOR  (19/8)

Fanos Theophani and Alexander George of lawyers Clyde & Co have reported on London Arbitration 13/19, which they described as “a cautionary tale for charterers”, highlighting the manner in which a defective Notice of Readiness (NOR) could result in charterers being liable for demurrage and in repudiatory breach of the charterparty. Theophani acted for the successful disponent owners.

Chemical tanker abandoned after fire, drifting  (19/8)

Chemical tanker reported fire in the afternoon Aug 16 in East China sea. Later tanker reported water ingress, developing heavy list, crew abandoning the ship in life boat and rafts. All crew were rescued, one injured. No danger of sinking reported, AIS probably off.

Consolidation has brought liners ‘unprecedented’ levels of rate stability  (19/8)

Thanks to enormous consolidation container shipping has reached an “unprecedented” level of rate stability around the world, according to the latest weekly report from Copenhagen-based box analysts Sea Intelligence.

Canada’s Montreal port to develop new container terminal  (19/8)

Canada’s Montreal Port Authority (MPA) has signed a memorandum of understanding with the Canada Infrastructure Bank (CIB) to advance the project development of a new container terminal in Contrecoeur.

Shipping takes aim at battery-powered future  (19/8)

Ocean-going vessels going on full electric propulsion may still not be a foreseeable scenario at least in the near future. However there’s no denying that shipping has an eye on a battery-powered future, attested by an increasing interest in the development of electric vessels.

US-China row takes place at WTO  (19/8)

A dispute panel was formed to examine U.S. global safeguard tariffs on solar cells, and the U.S. continued to object to Appellate Body operations.

OTHER NEWS
70 Leaders Set To Gather To Explore the Future of Intelligent Automation (19/8)
Trump Tumult Has Gadget Giants Splitting Along U.S.-China Lines (19/8)
Procurement Negotiation for Beginners (19/8)
An Alternative Route to a Fuel-Efficient Last Mile (19/8)
HMM Narrows Loss Despite Challenges (19/8)
Evergreen Marine to Add 11 Containership Giants to Its Fleet (19/8)
Maersk Earnings Strengthen amid Recovery in Ocean Business (19/8)
Gibraltar Releases Seized Iranian Tanker Grace 1 (19/8)
Port of Hamburg’s Cargo Volumes Continue Rising (19/8)
Air cargo volumes continue their decline (19/8)
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On its way to develop alternative energy-sources for greener aviation, Airbus is also supporting basic research activities for electric aircraft concepts “eGenius”...
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