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2017-01-30

Alliance between Eletson Gas and Evergas

Alliance between Eletson Gas and Evergas

Eletson Gas of Greece and Evergas of Denmark, both transporters of liquefied petroleum gas, are set to form an alliance that will trade the companies’ semi-ref/ethylene capable vessels.

Starting today, the new venture is called the E3 Pool and will operate the 15-strong fleet of gas carriers. 4 new Eletson Gas ships are expected to join the service in the coming 12 months.

“A larger fleet will provide more flexibility and more options for charterers, reduce voyage related expenses through optimization of voyages and thereby reduce greenhouse gas emissions as a direct consequence of using less fuel for cargo movements,” Evergas said.

Eletson Gas currently uses a total of 12 vessels, while Evergas deploys 23.

2017-01-27

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2017-01-26

N​ew Shipping Alliance Begins Operation in April​

N​ew Shipping Alliance Begins Operation in April​

The executives of COSCO Shipping ports and CMA CGM Terminals Holding signed a Memorandum of Understanding in order to improve and strengthen the partnership of the Ocean Alliance. It's going to be the biggest world's alliance with COSCO, CMA CGM, Evergreen, and OOCL as members. In total it has 350 vessels with capacity of 3.5 million TEU calling around the world. It's services include 20 transpacific routes, 6 Asia - North Europe laps, 3 transatlantic loops, 5 Asia-Middle East and two Asia-Red Sea services, as an addition there are also 5 Asia - Mediterranean routes. 
The alliance will operate in 30 ports all over the world. The competitors of the Ocean Alliance are 2M Alliance (Maersk and MSC) and THE Alliance (Hapag-Lloyd, K Line, MOL, NYK and Yang Ming)

2017-01-25

Angola´s First Deep Sea Port

Angola´s First Deep Sea Port

The Fundo Soberano de Angola (FSDEA), sovereign wealth fund, will invest 180 million USD for the first strategic deep sea port in Cabinda. 

630 m length terminal will be built over there and connected to the shore with a 2 km long bridge. The access channel will be 15 m deep and the port will have 14 m of water depth. 
As per FSDEA, the new facility will provide a free trade zone, state-of-the-art ship repair, storage and unloading.

 

2017-01-24

Hanjin Terminal is for sale

The US Court finally approved Hanjin's 54% port stake sale. Currently it operates in TTI (Total Terminals International) Seattle and Long Beach port Terminals. The rest 46% already belongs to Swiss Mediterranean Shipping Company, so the Hanjins stake is going to be sold to its affiliate - Terminal Investment Limited (TIL). The sale was approved by the Seoul Central District Court in December and then by the US Bankruptcy Court. 

Hanjin owned stake is USD 78 million ​381-acre Pier T container terminal - the largest terminal of the port. The Long Beach Board of Harbor Commissioners gave a nod to MSC to take it under long-term lease.

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