Höegh LNG signs deal with Ghana Gas

Höegh LNG has signed a contract with Quantum Power Ghana Gas Limited to provide a floating storage and regasification unit (FSRU) at the Tema LNG import terminal.

According to Höegh, the 20 year-contract should generate an average annual EBITDA of around USD 36 million.

The agreement is subject to governmental and board approvals, as well as financial close.

The infrastructure construction is set to begin mid-2017, with the expected delivery time for the FSRU being between 6 and 12 months.

Höegh LNG’s President and Chief Executive Officer, Sveinung J. S. Støhle, stated that Höegh LNG now has full contract coverage for its FSRU fleet.

The Tema LNG Project is supported by the Ghana National Petroleum Corporation (GNPC), Ghana’s national oil and gas company.

​C​MA CGM Keeps Boosting Its Services​

The next connection improve is for Adriatic Sea - Egypt route. New Adrimed Express is going to be implemented by 3 containerships with capacity up to 3.500 TEUs. The service will link Egypt, Malta, Croatia, Italy, and Slovenia. The maximum shipping time between port calls is expected to be 10 days and here is the port calls rotation:

Rijeka (Croatia), Trieste, Venice (Italy), Koper (Slovenia), Malta (Malta), Damietta, Alexandria (Egypt), Malta and Rijeka.

Korea Line Corp may share container terminal with HMM

South Korea's shipping company Korea Line Corp proposed Hyundai Merchant Marine to buy a 54% stake of a container terminal in Long Beach, CA which used to belong to Hanjin shipping company.

Previously, Korean shipping company has signed a US $ 31,4 billion agreement to purchase the Asia-US  route network from Hanjin shipping. Korea line explained this deal as they would need their own terminal to avoid any competition problems in future operations.  At the present time Korea line has 25 vessels which are carrying iron, oil, cars and so on. Besides that company owes 4 new buildings on order.

Hapag-Lloyd and CMA CGM enhancing North Europe-Central America Service

Starting in January 2017, shipping giants Hapag-Lloyd and CMA CGM are set to update their joint service between North Europe and Central America. 

London Gateway will be added in the United Kingdom and Caucedo, Dominican Republic will replace the current call at Cartagena, Columbia.

Ports of call in the enhanced service: London Gateway (UK), Hamburg (Germany), Rotterdam (Netherlands), Antwerp (Belgium), Le Havre (France), Caucedo (Dominican Republic), Kingston (Jamaica), Santo Tomas De Castilla (Guatemala), Puerto Cortes (Honduras), Puerto Limon (Costa Rica).

Five CMA CGM vessels of and one Hapag–Lloyd vessel will run the route.

New RoRo Service between Thailand and Australia

Japanese shipping company K Line (Kawasaki Kisen Kaisha) plans to extend its RoRo service on Thailand - Australia route of anti-clockwise loop in addition to current existing clockwise loop.
With new service the company plans to provide the shortest transit time with additional frequency.
New route will be available in the begging  of December with 2 additional sailings per month at Thailand’s Laem Chabang.
The rotation of the service will be Laem Chabang – Fremantle – Adelaide – Melbourne.