by CanadianSailings | Sep 11, 2019 | Ocean, Ocean Carriers, Other, Other Stories, William Hryb
By William Hryb
Who said you can’t be an elite world surfer and a seasoned ship master. Well, this is exactly what Capt. Tamas Lorincz of MV Industrial Swift carries as his moniker. Born in landlocked Hungary in 1978, the gangly six foot seven inch giant is a man who not only takes chances with dangerous surfs, he commands a state of the art multi-purpose bulk carrier.
Arriving late in the evening, from Duluth, Minnesota on Friday July 26th, the Hungarian captain, along with his pilot by his side, maneuvered the bright blue hulled 12,328-tonne vessel safely into her lay-by berth, Keefer Terminal, located in the middle of the port. Even though the crew had to quickly prepare the vessel for grain loading, they welcomed the opportunity to be close by to the hustle and bustle of Thunder Bay. (more…)
by CanadianSailings | Jun 10, 2019 | Ocean, Ocean Carriers, Other, Supply Chain and Logistics
By Guy M. Tombs
“An old military adage has it that amateurs concern themselves with tactics, but professionals worry about logistics.” So says Richard Fidler in his excellent book Ghost Empire. Reading this recently cheered me, as I am in logistics. But I quickly had the less comfortable thought that clever tactics frequently overwhelm elaborately thought-out logistics. The game we are all in of course demands of us both knowledge and wit. (more…)
by CanadianSailings | Jun 10, 2019 | Bruce Striegler, Business and Economy, Gateways and Corridors, Ocean, Ocean Carriers, Other, Ports and Terminals
By R. Bruce Striegler
Volumes of containers handled at the port of Vancouver’s terminals have grown substantially through past decades, increasing at an average rate of ten percent annually since 1995. Projections of growth up to the year 2040 are now predicted at about 8.0 million TEUs (or 20-foot-equivalent units), and to give some perspective, in 2018 Vancouver handled 3.4 million TEU’s. The port is deeply engaged in capacity expansion, either directly or in cooperation with private terminal operators, and it points to projects already approved or somewhere in the approval pipeline, designed to reduce the potential capacity jams. Capacity improvements are at the heart of an unpleasant row which has developed between the Port Authority and one of its larger tenants, GCT Terminals Canada. (more…)
by CanadianSailings | Jun 10, 2019 | Brian Dunn, Business and Economy, Gateways and Corridors, Ocean, Ocean Carriers, Other
By Brian Dunn
As it celebrates its 75th anniversary this year, Fednav is showing its appreciation for the support it has received from the Montreal business community, by naming its two new Lakers Federal Montreal and Federal St. Laurent. It’s the first time Fednav has named a vessel after a city. Federal Montreal will be delivered at the end of August and Federal St. Laurent is expected to arrive at the end of June. The 35,000-tonne Lakers are being built by Oshima Shipbuilding in Japan with six holds, four cranes and onboard ballast water system. (more…)
by CanadianSailings | Jun 10, 2019 | Keith Norbury, Ocean, Ocean Carriers, Other, Shipbuilding and Repair
By Keith Norbury
Tropical Shipping expects to debut a second brand-new container ship on its Halifax run by this July to transport fresh and frozen foods and other products to the Caribbean. “It may even be earlier, but we’re going public with saying early July,” said Gordon Cole, the company’s Assistant Vice-President for Canada, Hispaniola, and the Virgin Islands. (more…)
by CanadianSailings | Mar 26, 2019 | Ocean, Ocean Carriers, Other
By Mike Wackett
Container spot rates from Asia to the U.S. are sliding fast, with the early March Shanghai Containerized Freight Index (SCFI) recording a further 10 per cent drop for the U.S. west coast and 7 per cent for east coast ports.
With new annual contract negotiations about to begin in earnest, transpacific carriers hoping to secure a 20 per cent+ rate hike from BCOs will need a very convincing pitch, and get meetings booked early, before rates tumble even further. Due to a positive impact on rates from the front-loading of cargo in the latter part of last year, designed to beat the threatened imposition of a new 25 per cent duty on a wide range of consumer goods, spot rates are still above the level of a year ago. The U.S. west coast component of the SCFI stands at $1,549 per 40ft, 23 per cent higher than 12 months ago, with the rate for the U.S. east coast at $2,640 per 40ft, 11 per cent ahead. (more…)
