New container ship docks in Quy Nhon

On Mar. 10 the port authorities at Quy Nhon port welcomed the arrival of the container ship, the Marshall Island-flagged Saylemoon Rickmers, which is the biggest vessel to dock at the port in the central province of Binh Dinh. Owned by the Mediterranean Shipping Company, one of the leading global carriers, the Saylemoon Rickmers is 196m long, 27m wide and has a deadweight of 24,279 tonnes. By making Quy Nhon a new destination, MSC has demonstrated the potential for developing freight services in the southern central region of the country and Binh Dinh province in particular./. … [Read more...]

Foreign shipping firms oppose freight-fee declaration

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VietNamNet Bridge - Some foreign shipping firms in Vietnam oppose the Prime Minister’s proposal to ask firms to declare their shipping fees. In a document to the Prime Minister and the ministries’ heads, the legal representatives of shipping firms Mediterranean Shipping Company (MSC), CMA CGM, APL and Neptune Oriel Lines (NOL) called on management agencies to ‘consider the draft decision thoroughly’. The shipping firms said their business operations would be seriously affected. The draft decision says enterprises must make public freight and port service fees, and must inform the Vietnam Maritime Bureau (Vinamarine) 30 days in advance if they want to adjust fee levels. The foreign shipping firms said that they provide container transport services under confidential contracts, and that if the firms have to declare service fees, rivals would have information about the transport costs of Vietnamese export companies and their clients. The representative of a … [Read more...]

Shippers leave others in their wake

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The globe's shipping leaders Maersk Line, MSC Mediterranean Shipping Company S.A and CMA CGM will establish an operational alliance. According to Maersk Line, the three firms have in principle agreed to establish a long-term operational alliance on East - West trades, called the P3 Network. The aim is to improve and optimise operations and service offerings. The P3 Network will operate a capacity of 2.6 million twenty-foot equivalent unit or TEU (initially 255 vessels on 29 loops) on three trade lanes including Asia - Europe, Trans-Pacific and Trans-Atlantic. While the P3 Network vessels will be operated independently by a joint vessel operating centre, the three lines will continue to have fully independent sales, marketing and customer service functions. The P3 Network will provide customers with more stable, frequent and flexible services. Each of the lines will offer more weekly sailings in their combined network than they do individually. As an example, the P3 Network plans … [Read more...]

Shipping lines form alliance to facilitate global trade

HCM CITY (VNS)— Maersk Line, the MSC Mediterranean Shipping Company and CMA CGM, have agreed to establish a long-term operational alliance on East-West trade called the P3 Network. The aim is to improve and optimise operations and service offerings. The P3 Network will serve three trade lanes: Asia-Europe, Trans-Pacific and Trans-Atlantic. The P3 Network vessels will take part in a joint vessel-operating centre. But the three lines will continue to have fully independent sales, marketing and customer service functions. Each of the lines will offer more weekly sailings in their combined network than they now do individually. For example, the P3 Network plans to offer eight weekly sailings between Asia and Northern Europe. In addition, it will offer more direct ports of call. The improved network is expected to reduce the disruptions for customers caused by cancelled sailings. The lines intend to start operation in the second quarter of 2014, but the starting date will be subject … [Read more...]

Maersk Line sets up alliance on East-West trade

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Maersk Line, the MSC Mediterranean Shipping Company and CMA CGM, have agreed to establish a long-term operational alliance on East - West trade called the P3 Network.— VNS Photo HCM CITY (Biz Hub) - Maersk Line, the MSC Mediterranean Shipping Company and CMA CGM, have agreed to establish a long-term operational alliance on East - West trade called the P3 Network. The aim is to improve and optimise operations and service offerings. The P3 Network will serve three trade lanes: Asia - Europe, Trans-Pacific and Trans-Atlantic. The P3 Network vessels will take part in a joint vessel-operating centre. But the three lines will continue to have fully independent sales, marketing and customer service functions. Each of the lines will offer more weekly sailings in their combined network than they now do individually. For example, the P3 Network plans to offer eight weekly sailings between Asia and Northern Europe. In addition, it will offer more direct ports of call. The improved network … [Read more...]

100 years after Titanic, dangers remain for cruise ships

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The Titanic was the pride of the industry when it went down off the coast of Canada on its maiden voyage a hundred years ago with the loss of 1,514 lives, a giant of a ship. Capsized cruise ship via AFP. These days, the trend is for even bigger and grander vessels, especially in the cruise line industry, but even with all the technology available to today's shipbuilders, the dangers remain. Thirty-two passengers died when the Italian luxury cruise liner Costa Concordia ran aground off the coast of Italy on January 13. And although the ship's captain has been in the firing line over his conduct, maritime union Nautilus International has warned against a rush to judgment, arguing that other factors may have played a part. The Costa disaster raised questions about whether safety considerations have kept pace with the quest for grandiose, top-of-the-range, floating leisure palaces. The accident has hit sales too: both Carnival, the company that owns Costa Cruises which ran the … [Read more...]

Ship grounded on New Zealand reef watched for signs of oil spill

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New Zealand's shipping authorities have cordoned off a Liberian-flagged container ship that has grounded on a reef off the east of the North Island as they attempt to assess whether it poses an environmental risk. The 236-meter cargo ship Rena struck the Astrolabe Reef, about 12 nautical miles off the coast near Tauranga Harbour, at around 2. 20 a.m. Wednesday and was listing, said a statement from Maritime New Zealand (MNZ). … [Read more...]

Vietnam Port Welcomes Biggest Container Ship

Cai Lan port in northeastern Quang Ninh province has just received a 40,462-ton container ship of Panama, the biggest of its kind that has arrived at the port to date. The MSC PEGY of 207 meters in length and 32.24 meters in width, belongs to the Mediterranean Shipping Company - the world's second largest shipping line in terms of container transport capacity. The Cai Lan International Container Port Co. Ltd has poured US$103 million into a project to upgrade and expand the deep-water Cai Lan port. The firm will build and operate three wharves No. 2, 3 and 4 at Cai Lan Port under the two-phase project which is scheduled for completion in 2014. In the first phase of 2008-2011, Cai Lan company will build over 300 meters of wharves and supporting facilities. The port is expected to stevedore 760,000 TEUs of cargo and severe vessels of 40,000 tons in 2017. (Labor, Capital Security) … [Read more...]

Cai Lan port receives biggest container vessel

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Cai Lan port in the northeastern province of Quang Ninh received a 40,462-tonne container ship on May 3, the biggest of its kind that has docked in the port so far. The MSC PEGY carrying the Panama flag is 207m long and 32.24m wide. It belongs to the Mediterranean Shipping Company - the world's second largest shipping line with regard to container transport capacity. The Cai Lan International Container Port Co. Ltd has spent US$103 million upgrading and expanding the deep-water Cai Lan port for the goal of handling 760,000 in 2017. (one TEUS equivalent to one 20-feet container) … [Read more...]

MSC PEGGY ship docks Cai Lan port

The Cai Lan Sea Port today, May 3 rd, received the ship “MSC PEGGY”, the largest container ship to dock at the port to date. The MSC PEGGY, of Panama, has a draught of 40,472 tonnes and a capacity of 32,696 tonnes. This 207m high and 32.24m wide ship carries 1,092 “TEU’s” (Twenty Foot Equivalent Units, a type of container carried by ship and then by truck) from HongKong (China) to Singapore. This is a product of the Swiss Mediterranean Shipping Company (MSC), the second largest global carrier in the world. The Cai Lan deep water sea port, which is in Quang Ninh province, was recently upgraded to receive carriers of over 40,000 tonnes. The port is expected to ship as much as 760,000 TEU’s of goods by 2017. Source: LDDTTranslated by Mai Huong … [Read more...]

Shipping Firms Order Free-Market USD Fee Payments

Shipping companies have said that they will not accept payments for transportation fees in VND, asking customers to pay the fees in U.S. dollars with the black market exchange rate, the Vietnam News newspaper reported June 15.

Mediterranean Shipping Company S.A (MSC) on June 5 asked Vietnamese companies to make payments for shipping fees and other surcharges in dollars at the black market exchange rate. It also informed them that it would stop accepting payments in VND immediately as the company had locked its VND account in order to avoid losses. Le Trieu Phuong, deputy general director of MSC, said that the move was just a temporary measure to help rescue the company, though it did not come in line with the current laws. Phuong showed the loss of VND3 billion for the company in May 2008 because of VND/USD exchange rate fluctuations. "If MSC continues accepting payments in VND, it will go bankrupt, as it has to pay foreign partners US$4 million a month," Phuong said, adding that MSC is facing difficulties as commercial banks are refusing to sell it dollars. It needs US$2 million to pay foreign shipping firms. Tran Huu Huynh, head of the Legal Department under the Vietnam Chamber of Commerce and … [Read more...]

Oil Clean-Up Begins For Beached Freighter Off English Coast

The abandoned British cargo ship MSC Napoli in the English channel during a heavy storm, 19 January

The 3,500 tonnes of fuel in the tanks of a British container ship beached off the southeast coast of England is the "main concern" of coastguard officials hoping to avert a long-term environmental disaster. Paul Coley, a coastguard spokesman, told AFP that authorities would begin cleaning up the 200 tonnes or so of fuel that had already leaked out into the sea at first light on Monday. "It's the main concern. It's very difficult to control -- for the moment, the fuel is still in the tanks" of the MSC Napoli, which ran aground off the coast of Branscombe, Devon, said Coley late on Sunday. "If it stays there, it is easy to remove." "We hope to start tomorrow (Monday), probably with the first light. That depends on the weather. That should last a couple days," he said. Coley said that early attempts to remove the oil leaking from the ship had failed on Sunday. The oil is dispersed over an eight kilometre (five mile) by half a kilometre area of sea, and the coastguard said that … [Read more...]

Some anti-IS partners do ‘nothing at all': Pentagon chief

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US Secretary of Defense Ashton Carter gestures during a special session of the WEF annual meeting in Davos, on January 22, 2016 Several members of the US-led coalition attacking the Islamic State group in Iraq and Syria are doing "nothing at all" to help destroy the jihadists, US Defense Secretary Ashton Carter said Friday. His comments mark a departure from the Pentagon's typical depiction of the 65-member coalition, which carries the slogan "One mission, many nations," and is frequently touted to highlight global resolve in the predominantly US effort to defeat the IS group. "Many of them are not doing enough, or are doing nothing at all," Carter said in an interview with CNBC on the sidelines of the World Economic Forum in Davos, Switzerland. "We can do a lot ourselves ... (but) we are looking for other people to play their part," he added, without singling any country out. In a separate interview with Bloomberg TV, Carter called the anti-IS alliance a "so-called" coalition, … [Read more...]

Iran holds 10 US sailors in Gulf

WASHINGTON — Iranian forces seized 10 US sailors on Tuesday after their patrol boats strayed into hostile Gulf waters, in a setback to thawing ties between the foes. Senior US officials said they had received assurances from Tehran that the crews – taken to Farsi Island – would be allowed to sail onwards come first light. But the embarrassing crisis was expected to last until after President Barack Obama's last State of the Union address, undermining any attempt to cite closer relations with Tehran as part of his legacy. Iran's Revolutionary Guards confirmed the two boats and 10 personnel "were seized by combat units of the Guards naval force and moved to Farsi Island." The force said the US personnel – nine men and one woman – were in good health and being treated in an "Islamic manner" in an "appropriate location." US Secretary of State John Kerry called his Iranian counterpart Foreign Minister Mohammad Javad Zarif, with whom he negotiated the Iran … [Read more...]

How the world learned its lesson and got a climate deal

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It was an agreement born from a fear of failure, delivered by the smoothness of French diplomacy. Six years earlier, countries had bitterly walked away from global climate talks in Copenhagen without a deal. The decision to reassemble in Paris to try again at getting almost 200 countries to sign a pact on cutting carbon emissions was a gamble: another collapse could end the world’s ability to forge a common approach to dealing with climate change. And no political leader wanted his reputation stained by a repeat of the debacle in Copenhagen. So there was no detail of hospitality too small for the French hosts this time, no country negotiator who would go unflattered by Laurent Fabius, the French foreign minister who presided over the conference. Fabius had been the youngest French prime minister in history in the 1980s; now he was an elder statesman looking to carve a bigger place in it. Over two weeks under the global spotlight, his sonorous voice and relentless optimism … [Read more...]

Climate deal unveiled in Paris, a ‘historic turning point’

French Foreign Minister Laurent Fabius presented a landmark global climate accord on Saturday, a "historic" measure for transforming the world's fossil fuel-driven economy within decades and turn the tide on global warming. At the tail end of the hottest year on record and after four years of fraught U.N. talks often pitting the interests of rich nations against poor, imperiled island states against rising economic powerhouses, Fabius urged officials from nearly 200 nations to support what he hopes will be a final deal. "Our responsibility to history is immense," Fabius told thousands of officials, including President Francois Hollande and U.S. Secretary of State John Kerry, in the main hall of the conference venue on the outskirts of Paris. Barring any last-minute objections, negotiators will reconvene this afternoon to approve the agreement, a major breakthrough in global efforts to avert the potentially disastrous consequences of an overheated planet. Fabius called it an … [Read more...]

Global climate deal expected Saturday: French hosts

UN general secretary Ban Ki-moon (left) meets French Foreign Affairs minister Laurent Fabius during the COP 21, the United Nations conference on climate change, on Dec 10, 2015 in Le Bourget, north of Paris. (Photo: AFP)

Ministers from across the planet are expected to wrap up a 195-nation UN climate-saving deal on Saturday. PARIS: Sleep-starved envoys tasked with saving mankind from catastrophic climate change aim to wrap up a historic Paris accord on Saturday (Dec 11) after battling through a second all-night session of UN talks, the French hosts said. Eleven days of bruising international diplomacy in the French capital appeared to finally open the door to an elusive deal, now expected to be delivered one day after the original Friday evening deadline. "It will be presented Saturday morning for adoption midday," said a source at the French presidency of the climate talks, an annual gathering that frequently misses deadlines by days. "Things are moving in the right direction," said Foreign Minister Laurent Fabius, who is presiding over the talks, according to the source who spoke to AFP. Releasing a fresh draft of the pact on Thursday night that showed progress on some key issues, an … [Read more...]

Ambition of Paris climate talks rises by half a degree

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A participant holds a piggy bank as she looks for contributions during the World Climate Change Conference 2015 (COP21) at Le Bourget, near Paris, France, December 10, 2015. Photo: Reuters/Stephane Mahe It would have been unthinkable just a few months ago, but a new global deal to combat climate change may set the world a much more ambitious target than expected, even if achieving that goal is far out of reach for now. With the unexpected support of the United States and Europe, the agreement, due to be completed within days, could go beyond the current goal of limiting the rise in global temperatures to 2 degrees Celsius (3.6F) above pre-industrial levels. Instead, according to the latest draft and negotiators, it may state a goal of keeping the rise to "well below" 2 degrees Celcius, and recognize the need to aim for just 1.5 degrees. Even though the cuts to greenhouse gas emissions being pledged in Paris will not come close even to limiting the rise to 2C, an explicit … [Read more...]

After leaders’ rhetoric, climate negotiators start work on deal

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U.S. President Barack Obama poses for a family photo with leaders of island nations under threat by rising sea levels during the World Climate Change Conference 2015 (COP21) in Paris, France, December 1, 2015. (L-R) Barbados Prime Minister Freundel Stuart, Kiribati President Anote Tong, U.S. President Barack Obama, Marshall Islands President Christopher Loeak, Papua New Guinea Prime Minister Peter O'Neill and Saint Lucia Prime Minister Kenny Anthony. Photo: Reuters/Kevin Lamarque With encouragement from 150 world leaders ringing in their ears, government negotiators in Paris were on Tuesday left to turn the rhetoric into reality and agree a draft text of a global deal to slow climate change. U.S. President Barack Obama and Chinese President Xi Jinping made common cause on Monday with other countries to stress the urgency of an agreement to slow a rise in global temperatures blamed for spurring floods, heat waves and rising sea levels. But as the leaders left Paris, negotiators from … [Read more...]