Ports & Ships Maritime News

Jan 10, 2006
Author: P&S


  • MOL expresses confidence in ocean shipping

  • CMA CGM is now third largest container group

  • Maputo rice cargo cleared

  • Cape Town busy while Durban dawdles

  • Stowaway ship released by courts

  • Clipper Race finishes suddenly

    EMAIL: jhughes@hugheship.com
    WEB SITE: www.hugheship.com

    MOL expresses confidence in ocean shipping

    Mitsui OSK president Akimitsu Ashida says the shipping industry and MOL in particular should no longer be regarded as a risky business subject to market fluctuations.

    Presenting his New Year message Ashida said that MOL was changing this attitude by becoming more flexible and resilient. “We have steadily improved our business performance by allocating half of our management resources into fields where we expect stable long-term profits and the other half into areas where we can maximise our profits by taking advantage of key market opportunities.”

    He said MOL had gone to considerable effort to be more transparent and disclose more financial information, especially information that demonstrated the group’s financial stability. “Recent evaluations indicate that this work is paying off and that the financial community is rewarding us with improved share prices and credit ratings,” he said.

    According to Ashida, people generally assume that ocean shipping is a mature industry. “On the contrary, we believe that continuing globalisation and expanding worldwide trade will create tremendous opportunities for long-term growth. Our aggressive fleet expansion plan reflects our confidence in the future. I believe the entire MOL Group can continue to grow as we learn to adapt to a changing business environment.”

    CMA CGM is now third largest container group

    Following the takeover of French shipping line Delmas by another French group CMA CGM, which was successfully concluded on 5 January 2006, CMA CGM has moved up the ranks to become the third largest container carrier, slotting in behind AP Moller-Maersk Line and Mediterranean Shipping Company (MSC).

    With the latest acquisition CMA CGM can now offer full international services through its subsidiaries and is particularly strong in its African operations with Delmas, OT Africa Line and SudCargo as well as CMA CGM itself.

    B>Maputo rice cargo cleared

    Mozambique health officials have given all clear to a cargo of rice on board the bulk ship Orbit after conducting analysis of the ship and its cargo. The discharging of the cargo was suspended in Maputo harbour after fears of contamination by way of a previous cargo of asbestos carried by the vessel.

    Orbit has 10,000 tonnes of rice to discharge in Maputo after which it sails to Beira to discharge another 7,500 tonnes at the central Mozambique port.

    Cape Town busy while Durban dawdles

    While Cape Town harbour, and in particular its container terminal remains busy with ships having to anchor outside, the port of Durban is experiencing the post-Christmas period by being quiet with few ships occupying the berths and less than normal at anchor outside.

    Yesterday (Monday 9 January) Durban handled a total of 15 ship movements throughout the day, which is less than half of what the port would normally expect. This lull in shipping is not confined to the two Durban container terminals but is also being experienced at the general cargo and bulk berths of Maydon Wharf.

    Stowaway ship released by courts

    The bulk vessel African Kalahari was released from detention by a Durban court today and is now permitted to sail. This follows another appearance in court of the ship’s master and three crew members on two counts of murder and five of attempted murder, which arose from the death of two stowaways in Durban Bay last week.

    The four men were remanded and will appear again at a later date but have been granted bail subject to reporting daily to the Maydon Wharf police station each day.

    Clipper Race finishes suddenly

    The Fremantle to Singapore leg of the race is almost over, and indeed may be so by the time this is posted (20.00 SAT), as the race has been shortened to finish at the entrance of the Sunda Straits on the westernmost tip of Java.

    Officially this is because of a lack of winds experienced and anticipated for north of this point, but as if to challenge this decision the front yachts today began benefiting from stronger winds and managed quite respectable runs over the past 12 hours.

    At 17.00 today Durban was 47 miles from the new finish, followed by Westernaustralia.com with 67 miles to go, and both should finish tonight.

    The plan is that all yachts will sail, or motor depending on available winds, in groups to their intended destination of Singapore, arriving on the anticipated date of 15 January. Make of this sudden development what you will.

    Race position at 17.00 today (with distance to Singapore)

    Durban (47)
    Westernaustralia.com (67)
    Victoria (156)
    New York (165)
    Liverpool (180)
    Singapore (183)
    Qingdao (216)
    Jersey (256)
    Glasgow (281)
    Cardiff (392)
    - source http://www.clipper-ventures.co.uk

    Ports & Ships lists ship movements for all ports between Walvis Bay on the West Coast and Beira on the East Coast.

    this is a free service – please support the advertisers who make it possible by visiting their sites. Just a click will do

    affordable rates
    contact info@ports.co.za for details.


    Web ports.co.za

    Click to go back

      - Contact Us

      - Home