Cargo handling specialist Kalmar has agreed to supply 12 hybrid straddle carriers to DP World Southampton in the UK
https://www.porttechnology.org/news/dp_world_southampton_orders_kalmar_machines
Environment
Rolls-Royce Trials Smart Ship Tech with MOL
Rolls-Royce has conducted sea trials of its situational awareness technologies on board a vessel belonging to Japanese transport company Mitsui O.S.K. Lines
https://www.porttechnology.org/news/rolls_royce_trials_smart_ship_tech_with_mol
MSC and CMA CGM follow Maersk’s lead in readying sulphur cap surcharges
Having let Maersk take the brunt of shippers’ ire for the past week, the world’s second and third largest container shipping lines have now also revealed how they intend to get customers to pay for their sulphur cap compliance. Mediterranean Shipping Company (MSC) said it will introduce a new...
https://splash247.com/msc-and-cma-cgm-follow-maersks-lead-in-readying-sulphur-cap-surcharges/
Risks of Belt and Road in Africa, Tokyo climate change seminar
Commentary: Risks of Belt and Road in Africa
By Kat Usita in London
Apprehension over China’s Belt and Road initiative continues to build. Some observers have accused Beijing of unduly exerting influence on other countries in the guise of infrastructure assistance. It is increasingly apparent that the risks to recipient African economies in particular are substantial, but their governments are left with little choice.
It will take several years of use before one can properly measure the full...
Port of Long Beach Approves $1 Billion Project Budget
Approval for centrepiece of the port’s $1 billion rail improvement program
https://www.porttechnology.org/news/port_of_long_beach_approves_1_billion_project_budget
MSC Hikes Surcharges
Mediterranean Shipping Company has announced its operating costs will “significantly increase”
MSC, CMA CGM Join Maersk in Surcharge Hike
Mediterranean Shipping Company has announced its operating costs will “significantly increase”
Del Monte to Renew US Fleet
Del Monte Fresh Produce will replace its entire US east coast fleet of vessels through a new shipbuilding program
https://www.porttechnology.org/news/del_monte_to_renew_us_fleet
Shippers Voice Sulphur Surcharge Concerns
The European Shippers’ Council has expressed its disapproval at the mechanism of surcharges that shipping liners have launched
https://www.porttechnology.org/news/shippers_voice_sulphur_surcharge_concerns
DHT secures $50 million financing for scrubber retrofits
SEPTEMBER 25, 2018 — Back in July, DHT Holdings, Inc. (NYSE:DHT) reported that it had entered into agreements with Alfa Laval to install exhaust gas as scrubbers, on twelve of its VLCCs.
At the time, DHT said it saw the upcoming IMO sulfur cap as an opportunity, rather than a threat.
“We come well prepared and are very pleased with the timely project we have put in place,” it said. “This project could potentially create a super-profit for the ships in question and boost the already significant...