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Singapore — Rotterdam-based Royal Vopak has acquired a 29% share in Elengy Terminal Pakistan, whose subsidiary Engro Elengy Terminal owns a floating LNG import facility anchored at Port Qasim in Pakistan, the companies said in a joint statement Friday. Register Now The deal gives Vopak, the world's largest independent petroleum storage company, a foothold in Asia's expanding market for LNG infrastructure, driven by growing adoption of LNG as a fuel source. It also underscores how traditional oil-focused companies are diversifying to natural gas in line with oil major strategy. "This new step in our cooperation gives Vopak an excellent entry in the growing Pakistan LNG market. This fits very well with our ambitions to grow and diversify our service offering in LNG," Vopak's chairman and chief executive Eelco Hoekstra, said. As of end-April, Vopak operated 66 terminals globally with a storage capacity of 35.9 million cu m, but gas products accounted for only 3-5% of its total portfolio, while the bulk was oil products at 40-45% and the remaining were chemical facilities, industrial terminals and vegetable oils storage. Even most of Vopak's growth projects under development for 3.1 million cu m of capacity are for oil products, chemicals and LPG. Vopak has said it continues to look for opportunities in the LNG infrastructure market and the FSRU market on a project-to-project basis through joint ventures or acquisitions The share purchase agreement between Vopak and Engro, who already operate the Engro Vopak chemical terminal jointly near Port Qasim, is for Pakistan's first LNG import facility that started operations in 2015, and supplies gas to state-owned Sui Southern Gas Engro holds a 15-year time charter for the FSRU and the project has long- term LNG supply contracts for feeding power generation, industrial use and as feedstock for fertilizers in Pakistan, which is a market of more than 200 million people and growing energy demand. The deal is subject to regulatory and shareholder approvals, and expected to close in the fourth quarter of 2018. After the deal, the LNG terminal's shareholders will be Engro, Vopak and the International Finance Corporation. Source : Platts

Industrial companies based in the North Sea Canal Area seek to cut carbon emissions by 50% by 2030, bringing them down from the current level of 15 megatons. Virtually all circular waste flows must be recycled by 2050 and carbon emissions minimised. In committing to these targets, the area aims to be among the leading regions in Europe when it comes to reducing climate change.

French container carrier CMA CGM announced Friday it has acquired from CHINA SHIPPING Ports Development Co. Limited, a wholly-owned subsidiary of COSCO Group, a 10 percent equity interest in CSP Zeebrugge Terminal NV, through its wholly-owned subsidiary CMA Terminals. CMA CGM is currently the major client of the Belgian container terminal and accounted for one third of CSP Zeebrugge's total throughput in 2017. COSCO SHIPPING Ports completed the acquisition of the remaining 76 percent equity interest in CSP Zeebrugge terminal in November 2017 and made it a wholly-owned subsidiary.

The PORT OF KIEL invests in cargo handling, environmental technology and the traffic shift from road to rail. Dr. Thilo Rohlfs, state secretary of the ministry for economy, transport, labour, technology and tourism for the country of Schleswig-Holstein, made use of a visit to the port of Kiel to inform himself about the current port investment projects that take place in the capital city of Kiel, the port's press release said. “The port of Kiel has grown significantly over the past years. With the support of the county of Schleswig-Holstein, the port has managed to realise some very important projects such as the expansion of the Ostuferhafen”, says state secretary Rohlfs. Today, the port of Kiel handles over 7 million tons of cargo per year and over 2 million passengers pass through the port annually. Thilo Rohlfs: “My impression that the Port of Kiel is very well-positioned and that it is capable of successfully holding its ground has been confirmed. The country of Schleswig-Holstein will continue to actively support this successful trajectory of the port of Kiel in future.” As part of a tour of the harbour, PORT OF KIEL’s managing director Dr. Dirk Claus informed the state secretary of the port’s current investment plans. Alongside the project to expand the pre-storage area for trucks at Kiel’s Ostuferhafen these plans include the creation of a third switching track at Kiel’s Schwedenkai terminal as well as the creation of an onshore power supply facility at Kiel’s Norwegenkai terminal.

In January-June 2018, port Hong Kong (China) handled 277.7 million tonnes of cargo (-0.6%, year-on-year). According to the port authority, container throughput of the port grew by 4.6% to 20.5 million TEUs. In 2017, the port of Shanghai handled 560.87 million tonnes, its container throughput totaled 40.23millionTEUs.

TUI Cruises have placed an order for two LNG powered cruise ships with Fincnatieri. Ships to be built on the Monfalcone yard. http://cruisedeck.de/tui-cruises-ordern-bei-fincantieri/

MSC Cruises is to build a new cruise terminal capable of accommodating its yet-to-be-launched 7,000-guest World Class cruise ships at PortMiami in Florida. Miami-Dade County and MSC Cruises, which uses PortMiami as its exclusive US homeport, signed a memorandum of understanding for the construction of the new Cruise Terminal AAA on 11 July. The facility is expected to be completed by October 2022. It will be MSC Cruises’ second dedicated terminal at PortMiami after it opened Terminal F as a homeport for MSC Divina and the 5,170-passenger flagship MSC Seaside in December 2017. “Investing in PortMiami's infrastructure positions Miami-Dade County as a global destination for visitors,” said Carlos Gimenez, Mayor of Miami-Dade County. Source: CruiseandFerry.net

Virgin Voyages unveiled the long-awaited name of its first ship “SCARLET LADY” at its shipyard in Genoa, Italy. Founder Sir Richard Branson and president and CEO Tom McAlpin revealed further details about the cruise line’s debut ship, including a ban on single-use plastics on board, renderings and animations of nine new public spaces and the plans for its wellbeing programme, “Vitamin Sea”. The single-use plastics ban will range from bottled water to take-away coffee and tea cups as Virgin Voyages strives to create one of the cleanest fleets at sea. Mr McAlpin said: “We believe that in order to fulfill our purpose of creating an ‘Epic Sea Change for All’ we must make a commitment that is bigger than just eliminating straws.

Peel Ports’ flagship deep-water container terminal, Liverpool2, will welcome its largest regular caller to date when 2M (Maersk and MSC alliance) introduce a new transatlantic container service to the port beginning 22 July 2018. 2M is switching its TA2 service from Felixstowe to Liverpool on a temporary basis. At the same time, Maersk Line’s South American service, Colombia Express, will also start calling at the port of Liverpool, exporting UK goods to Newark. Liverpool will be the final port of call for both weekly services as they head westbound across the Atlantic. The ships will load UK export cargo such as Scotch whisky, food products and trade machinery. The new services will also see the Port of Liverpool open up direct links with the US ports of Charleston and Savannah.

A steel cutting ceremony held today (July 20) at Fincantieri’s Sestri Ponente (Genoa) shipyard marked the official start of construction for the second of three cruise ships on order for Virgin Voyages (part of Virgin Group).

MAERSK Line is moving two 2M alliance service calls to Liverpool for 12 weeks as continuing problems at Felixstowe provide a boost to Peel Ports’ operation in the northwest of the UK. The first vessels diverting to Liverpool will be the 2006-built, 7,943 teu ARCHIMIDIS on the TA2 service and 2004-built, 2,556 teu CAP BEATRICE on the COEX service to Liverpool on July 22 and July 20 respectively. “Unfortunately, Felixstowe terminal is suffering from slow operations caused by IT system issues,” Maersk said in a statement. “In order to protect our service integrity, we will be moving our 2M TA2 and COEX services from Felixstowe to Liverpool for a duration of 12 weeks.” Felixstowe has been suffering from congestion following the implementation of a new terminal operating system last month. As Lloyd’s List reported yesterday, Felixstowe is continuing to struggle with performance issues, particularly with loading export containers.

A £2.7 million project to renew the outer lock gates and refurbish the middle lock gates at the Port of Newport has now been completed. Work was commissioned by port owner and operator ABP South Wales and took place between February and July 2018, the ABP said in its press release. This essential replacement and refurbishment of the Newport Dock outer and middle lock gates will ensure that they can continue to protect the dock impoundment and locking operation for at least the next 60 years. Newport is home to a busy deep sea shipping programme that sees regular trade between Northern Europe, the Mediterranean, the Baltic, Africa, Australia, North and South America and the Far East .. The port supports the import and export supply chains of a number important and local and national industrial customers handling a wide range of commodities including steel, timber, aggregates, metal scrap, animal feeds and fertiliser.

Japan’s Port of Yokohama is on track to open its new cruise terminal at Shinko Pier in mid-2019 after starting construction work in June. The port has now begun work to build the 17,400-square-metre terminal building and to extend the existing cruise pier to 340 metres in length. This, combined with the 9.5-metre depth, will enable the port to welcome cruise ships weighing up to 110,000gt.

On 3 July, the Port of Gdansk Authority signed a contract with NDI SA, the contractor for the expansion of the road and rail system in the Outer Port. The project is co-funded from the Connecting Europe Facility (CEF) and is yet another contract involving EU subsidies signed by the Port of Gdansk within recent months. The value of the contract amounts to nearly PLN 176 million.

South Korean authorities have opened an investigation into a UN panel’s finding that North Korea transhipped over 9,000 tons of coal, disguised as Russian exports, to South Korean ports in Incheon and Pohang, North Gyeongsang, last October. According to a recent United Nations panel of experts report, North Korean coal shipped to the Russian port of Kholmsk was reloaded on two vessels that entered South Korea’s Incheon and Pohang ports and arrived after the UN Security Council’s comprehensive coal ban was implemented in August last year.

The Belgian transport engineering company Sarens has agreed to double a planned investment to modernise the port of Hamina in southeast Finland. The deal builds on a 2016 agreement between Sarens and Tengizchevroil (TCO) — a consortium of oil companies operating the Tengiz oil field in Kazakhstan — to build a trans-shipment base in the Finnish coastal city. The new port in question would primarily be used for offloading cargo from ocean-going vessels. TCO has entrusted Sarens with the transportation and installation of oversized pre-assembled equipment for a new plant designed to increase the production capacity of the existing Tengiz refinery.

The season of icebreaker assistance in the water area of port Sabetta and at the approaches to it is over from 20 July 2018, 00:00 Moscow time with ice navigation restrictions lifted. The decree was signed by Acting Harbour Master Boris Gorbushin. According to the decree, vessels should mind sporadic ice floes in the water area of the port and at the approaches to it.

As of mid-September, CLdN will further expand its offering to the Iberian peninsula with a twice weekly Zeebrugge-Santander ro-ro service.

YILPORT Holding recently submitted its offer for Taranto Container Terminal concession in Italy. Ionian Sea Port Authority (AdSP), the managing institution of Port of Taranto has officially received the request of YILPORT Holding to operate the entire set of multi purpose port facilities in the Port of Taranto. These terminals in Southern Italy handle container traffic, bulk cargo and serve ro-ro traffic. Well located as a relay hub for the Mediterranean Sea, the terminals are integrated to intermodal networks, connecting Southern Italy to Northern Italy and finally to the center of Europe.

P&O Cruises’ new LNG-powered cruise ship Iona is to feature the line’s first-ever three-deck-high glass Grand Atrium, its first British gastropub venue, a ‘foodie’ market and a top deck glass SkyDome entertainment venue when she launches in May 2020. Currently under construction at Meyer Werft’s shipyard in Germany, Iona will be designed to meet the tastes of British guests and will offer multiple innovations and new venues. One highlight will be the glazed Grand Atrium created by architecture and interior design practice Jestico + Whiles, the creators of London’s W Hotel, Aqua Shard restaurant in The Shard, and The Yas Hotel in Abu Dhabi, United Arab Emirates. Source: CruiseandFerry.net