• 2019 May 16 17:50

    BPO shares Baltic experience and discusses market trends at Global Liner Shipping

    The Global Liner Shipping conference concluded in Germany. The event held on 13-15 May 2019, in Hamburg, focused on topics such as the future of container shipping, the feeder market, IMO’s upcoming 2020 sulphur cap, CO2 reduction and cyber-security. The Baltic Ports Organization (BPO) was also there in order to share the region’s experience related to the container market in the Baltic, emission reduction compliance and LNG infrastructure development.

    One of the event’s spotlights were the global market’s current and emerging container shipping hubs. Baltic ports, as a part of the Baltic container market, characterized by some unique regional features, such as a very dense feeder network, benefit greatly from the development of the global market. The Baltic Sea region (BSR) has a lot to offer, with 2018 characterized by overall growth in the container market in Europe (+5.47%), a record year for the Baltic market (+13.9% in 10 top Baltic container ports) and especially dynamic growth in the Polish ports (+17.3%), which in recent years kept breaking their own records year by year.

    The growth of the container market has been accompanied by a growing number of acquisitions. In 2018 alone we witnessed major takeovers, beginning with the acquisition of the Muuga Container Terminal by HHLA, followed by CMA CGM taking over Containerships and ending with DP World purchasing Unifeeder. 2019 began with yet another big takeover – DCT Gdańsk, the fastest growing container port in Europe, was acquired by a trio of investors, including PSA International, the Polish Development Fund and the IFM Global Infrastructure Fund.

    Bogdan Ołdakowski, Secretary General, BPO, offered the following comment after the conference:
    “It is of great importance for the BPO to be a part of the discussion about market trends and regulatory framework in global container shipping. Naturally, a regional market such as the Baltic container market is a part of its global counterpart, so a deep understanding of global industry trends is absolutely key for the decisions and plans made by the Baltic container ports, as they will directly impact their competitiveness in the years to come.
    Furthermore, the Baltic experience from SECA’s introduction in 2015 could be treated as a testing ground for the introduction of the global sulphur cap, so we’re glad to be a part of such a discussion with the shipping industry”. 

    Apart from the shifts in market development, global shipping faces a number of impactful changes linked to various environmental regulations coming into force in the near and (as of now) far away future. These include IMO’s global sulphur cap, which will be implemented starting January 1st, 2020, limiting the amount of sulphur in ship fuel, as well as the more distant but equally important regulation on the reduction of GHG emissions from ships by 50% (compared to 2008), set to come into force in 2050.

    Both of these regulations apply globally, but stakeholders from some regions, designated as Emission Control Areas (ECAs), already command vast experience when it comes to compliance with and consequences of such initiatives. The Baltic Sea region is one of them, having been designated as a Sulphur Emission Control Area (SECA) in 2005 and Nitrogen Emission Control Area (NECA), starting on January 1st, 2021. Over the years, Baltic stakeholders had the chance to test a wide range of currently debated solutions, such as scrubbers, low sulphur fuels, LNG or cold ironing. It has led to the BSR becoming a benchmark region for introducing new technologies, which can ultimately benefit the global shipping community. Members of the Baltic community are eager to share their experiences, compiled in the reports “Baltic Sea as a model region for green ports and maritime transport” and “EU Sulphur Directive – One year after its entry into force”. The document is available upon contact with the BPO Secretariat.

    BSR’s experience with LNG ties into another panel in which the BPO has participated during the event, namely one focusing on lessons on developing the right infrastructure. LNG seems to be gaining increasingly more traction as the current choice for the marine fuel of the future and the BSR shows that a steady and consistent approach to the development of necessary infrastructure can yield benefits down the road.

2019 September 23

18:44 North-Western Shipping Company participated in NEVA 2019
18:26 Lloyd’s Register EMEA confirmed as Coordinator/Partner of Renewable Energy Ship Propulsion project
18:06 Nor-Shipping builds partnership with UN on Action Platform for Sustainable Ocean Business
17:42 Inauguration of WMU's Class of 2020 MSc in Maritime Affairs took place on 16 September
17:07 Scorpio Bulkers announces the sale of two Ultramax vessels for $37.9 mln
17:06 Lloyd’s Register signs up to Getting to Zero Coalition
16:43 Marseille, France to host EUROMARITIME on 4-6 February 2020
16:28 MAN Energy Solutions joins getting to zero coalition
15:24 Hapag-Lloyd increases rates from North Europe to Middle East and Indian Subcontinent
14:24 Ports of Los Angeles and Long Beach release report on the state of clean cargo-handling equipment technology
14:01 Severnaya Verf starts cutting metal for fourth processing trawler of Project 170701 ordered by NOREBO Group
13:39 ESPO Award jury puts ports of Dover, Dublin, Stockholm and UPF in final competition for Award 2019
13:15 Glander International Bunkering opens 8th office globally in Oslo
13:02 ECOSUBSEA achieves requirements to offer sustainable hull cleaning in the ports of Antwerp and Zeebrugge
12:53 Average wholesale prices for М-100 HFO up to RUB 14,725 in RF spot market
12:31 USPA Supervisory Board discussed corporatisation, integrated audit and dividend reduction
12:08 DNV GL’s Veracity strengthens maritime digitalization with new Asia-Pacific hub
11:50 Workshop in Kenya focused on reducing marine plastic from ships
11:36 Abu Dhabi Ports’ container volume up 82.4% in the first half of 2019
11:29 Regional workshop in Saudi Arabia focused on clean shipping in Red Sea, Gulf of Aden and Gulf
11:04 Vympel Shipyard launches fourth Grachonok-class special purpose boat for Federal National Guard Troops Service
10:26 Brent Crude futures price is up 1.1% to $64.99, Light Sweet Crude – up 1.1% to $58.73
10:08 CMA CGM announces FAK rates from Asia to Red Sea
09:47 Container throughput of port Hong Kong (China) down 7.4% to 12.18 million TEUs in Jan-Aug’2019
09:25 Baltic Dry Index is down to 2,131 points
09:08 DNV GL awards AIPs to DSME for ethylene carrier cargo tank designs
08:49 MABUX: Bunker Market this morning, Sep. 23
08:06 Damen completes maintenance work on Innovation at Damen Verolme Rotterdam

2019 September 22

17:03 Höegh increases its frequency to Australia
16:21 USCG Cutter Seneca offloads more than 12,000 pounds of cocaine in Miami
15:16 Algoma announces agreement to acquire Croatian-built dry-bulk carrier
13:03 Van Oord: Second Sand Motor successfully completed
12:47 Ørsted to pioneer deployment of GE’s next generation offshore wind turbine
11:39 ZPMC orders compressors to pipelay vessel

2019 September 21

16:17 USCG responds to breakaway barges striking I-10 San Jacinto River bridge
15:14 Eastern Shipbuilding launches the C.D WHITE for E.N. Bisso & Son
14:06 Boskalis associate Smit Lamnalco signs first 10-year terminal services contract in Mozambique
12:52 Kongsberg wins first full-scope expedition cruise vessel tender, with gensets and propulsion equipment
11:34 Rauma Shipyard bags Finnish Navy's four corvettes order

2019 September 20

18:41 Vostochny Port joins Coordinating Council on Trans-Siberian Transportation as its permanent member
18:22 IAA PortNews offers photo release from 'Development of Icebreaking and Support Fleet' conference held on NEVA 2019 zero-day
18:05 Global Ship Lease announces new five-year $268 mln credit facility for debt refinancing
17:24 Vostochny Port’s harbour services fleet presented at dedicated conference in Saint-Petersburg
17:05 F. A. Vinnen places entire fleet with Verifavia Shipping & Rina for IHM services
16:50 Helsinki Shipyard (Finland) to build two liners for polar cruises
16:35 COSCO SHIPPING Ports announces disposal of interest in various port assets and possible disposal of Taicang Terminal and Jiangsu Petrochemical Terminal
16:21 ABB presents electric power and propulsion solutions for icebreaking vessels at NEVA 2019
16:05 Port of Los Angeles protects overall clean air gains
15:19 Port of Riga rapidly increases volume of handled wood pellets
14:53 South Korean port to slash passenger vessel emissions with ABB shore power
14:15 Krasnoye Sormovo launches Pola Pelagia, dry cargo carrier of Project RSD59З, for Pola Rise
13:30 Damen Shipyards Group is ready to ensure construction of electric water buses for rivers and canals of Saint-Petersburg and Russia
13:12 MSC Cruises and Fincantieri unveil further details of MSC Seashore at coin ceremony
12:24 Victor Olersky sees promising future of electric river passenger ships in Saint-Petersburg and in Russia
12:09 Algoma Central Corporation announces agreement to acquire Croatian-built vessel
11:28 Specifications for 0.50% sulphur fuels and the PAS from ISO: IBIA explains
11:09 GTT obtains Approval in Principle from Bureau Veritas for the Mark III Flex technology on ice-breaking LNG carriers
10:52 IBIA and S&P Global Platts collaborate to help shipping industry comply with IMO 2020
10:31 Workshop for training on emergency response, preparation and planning held in Manila
10:09 Van Oord and Shell test the use of biofuel on trailing suction hopper dredger HAM 316