Morterm receives season’s first salty in the port of Windsor

On April 10th the first ocean-going vessel (salty) of the year arrived into the port of Windsor, kicking off the long-anticipated 2015 shipping season, which started a week later than normal due to heavy ice conditions in the Great Lakes. MV Floragracht – 137 metres long and 19 meters wide – docked at Morterm Limited where crews discharged her cargo, before she continued her voyage into Lake Erie.

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Port of Oshawa welcomes first international vessel of the season

On April 20, Port of Oshawa officially welcomed its first international vessel, MV Marbacan, at a special Top Hat ceremony, kicking off a new shipping season, and what is expected to be a pivotal year for the Port.

“With a new $2.5-million cargo pad and new multi-million dollar rail spur set to open this spring, the Port is well positioned to serve current customers and new businesses like never before,” said Donna Taylor, President and CEO of Oshawa Port Authority. “These investments in port expansion support our local companies and benefit the entire region.”

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Donning of the Top Hat marks beginning of 2015 season at Port of Hamilton

The first vessel of 2015 arrived in Hamilton Harbour in the early hours of April 6, marking the beginning of the 2015 shipping season at the port. MV Pacific Huron arrived carrying a load of steel coils from Spain and Italy, to be unloaded at Federal Marine Terminals’ facility at Pier 12. Port of Hamilton welcomes more than 600 vessels each season, which runs through the end of December. Hamilton Port Authority (HPA) officials greeted the vessel, presenting Captain Oleg Yarovoy with the ceremonial Top Hat, as part of an annual Port tradition. 

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New study claims mega-boxships not as fuel-efficient as those delivered 25 years ago

By Mike Wackett

A new study claims that containerships built in 2013 were, on average, 8 per cent less fuel-efficient than those delivered in 1990, while cars and aircraft had shown significant improvements in the same period.

The study, commissioned by Brussels-based Seas At Risk environmental lobby group, challenges the claims of ocean carriers that their ultra-large container vessels (ULCVs) are the most fuel-efficient boxships ever built. It states that despite the lower unit cost benefit from operating ULCVs, there is still a need for design improvements, and that the IMO’s Energy Efficiency Design Index (EEDI) standards for new ships should be reviewed and tightened accordingly.

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Carriers can’t stop the rot: box shipping rates continue to hit new all-time lows

By Mike Wackett

Spot rates on the main east-west tradelanes suffered further serious losses with carriers seemingly powerless to stop the rate rot, despite a desperate strategy of blanked sailings and announcing massive general rate increases.

Indeed, the Shanghai Containerized Freight Index (SCFI) shows a sea of red numbers, with both Asia-Europe and Asia-US sectors losing ground – the latter actually losing more than the previous week’s $600 per 40ft GRI between Asia and the U.S. west coast. The $309 per 40ft plunge on the SCFI’s USWC index is a disaster for carriers trying to conclude last-minute annual service contracts with shippers to start on 1 May.

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