The terminal joins a growing list of certified DP World terminals – this certification is the 21st DP World operated terminal to be certified as complying with the independently audited standard for supply chain security management which DP World is rolling out through its global network of terminals. The certification was undertaken and awarded by TUV Rheinland Japan Ltd. Commenting on the achievement, Rowan Bullock, General Manager of DP World Constanta said, “We are proud and pleased to be the only Black Sea terminal to receive this certification. We are committed to offering the best possible service to our customers and this international recognition of our security management system underlines to our customers that robust systems are in place to provide for the safety of their cargo and people using the terminal facilities.” DP World regards security as a core service to its customers and is implementing the international standard throughout its network of 49 terminals.
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Tuesday, March 3, 2009
DP World Constanta achieves International Security Standard
Constanta, Romania: - Global marine terminal operator DP World has achieved the international standard ISO 28000:2007 certification in supply chain security management at its Constanta South Container Terminal on the Black Sea.
Nakilat gets new Q-Max LNG carrier
Another of the world’s largest and most advanced Q-Max LNG carriers was delivered to Qatar Gas Transport Company (Nakilat) and chartered on long term contract to Qatargas Operating Company Limited at Daewoo Shipbuilding & Marine Engineering Co. Ltd., Okpo shipyard on Geoje Island.
The Nakilat owned Q-Max LNG Carrier Al Samriya (263,000 CBM) will be used to ship LNG produced by Qatar Liquefied Gas Company Limited (II), known as Qatargas 2, to customers in Europe. The Q-Flex and the even larger Q-Max are a new generation of LNG mega-ships. The Q-Max has 80 percent more capacity than conventional LNG carriers with about 40 percent lower energy requirements due to the economies of scale created by their size and the efficiency of the engines. Q-Max LNG carriers are unique and purpose built for Nakilat and allow for more efficient transport of Qatar’s natural gas to markets throughout the world. Qatargas 2 shareholders are Qatar Petroleum, ExxonMobil Qatargas II Limited and Total E&P Qatargas II Holdings Ltd.Read More
The Nakilat owned Q-Max LNG Carrier Al Samriya (263,000 CBM) will be used to ship LNG produced by Qatar Liquefied Gas Company Limited (II), known as Qatargas 2, to customers in Europe. The Q-Flex and the even larger Q-Max are a new generation of LNG mega-ships. The Q-Max has 80 percent more capacity than conventional LNG carriers with about 40 percent lower energy requirements due to the economies of scale created by their size and the efficiency of the engines. Q-Max LNG carriers are unique and purpose built for Nakilat and allow for more efficient transport of Qatar’s natural gas to markets throughout the world. Qatargas 2 shareholders are Qatar Petroleum, ExxonMobil Qatargas II Limited and Total E&P Qatargas II Holdings Ltd.
Phase One of Marina Completed by Dubai Maritime City
With the Dubai International Boat Show 2009 approaching in a few days, Dubai Maritime City, the world’s first purpose-built maritime centre and part of the Dubai World Group of companies, has announced a major milestone in the project’s development; the completion of phase one of its marina comprising 44 berths.
A total of 1,000 berths are set to be featured within Dubai Maritime City, adding a significant number to the much-needed space required for leisure boats and crafts that are expected to enter the market over the next few years. Officials within DMC estimate that around 30,000 to 50,000 new boats poised to be berthed at Dubai in the next 5 years. The initial 44 berths will be used by Dubai Maritime City to test the impact of water movement around the City and the stability of boats within its marina. It will also house a number of vessels owned and operated by Dubai Maritime City Authority, which is responsible for the regulation of the maritime industry within the Emirate of Dubai. Dubai Maritime City is an integrated maritime facility that caters to all requirements of the global maritime industry, including the region's fast-growing boating community. On completion, the maritime complex will feature six expertly master planned precincts: Harbour Offices, Harbour Residences, Maritime Centre, Marina District, Industrial Precinct and Dubai Maritime City Campus, each designed to provide world-class infrastructure facilities to different maritime industry players.Read More
A total of 1,000 berths are set to be featured within Dubai Maritime City, adding a significant number to the much-needed space required for leisure boats and crafts that are expected to enter the market over the next few years. Officials within DMC estimate that around 30,000 to 50,000 new boats poised to be berthed at Dubai in the next 5 years. The initial 44 berths will be used by Dubai Maritime City to test the impact of water movement around the City and the stability of boats within its marina. It will also house a number of vessels owned and operated by Dubai Maritime City Authority, which is responsible for the regulation of the maritime industry within the Emirate of Dubai. Dubai Maritime City is an integrated maritime facility that caters to all requirements of the global maritime industry, including the region's fast-growing boating community. On completion, the maritime complex will feature six expertly master planned precincts: Harbour Offices, Harbour Residences, Maritime Centre, Marina District, Industrial Precinct and Dubai Maritime City Campus, each designed to provide world-class infrastructure facilities to different maritime industry players.
Ore stockpiles in China full, demand slumping
Shanghai: Reports are emerging of capesizes sitting in long queues off China as China’s stockpiles of iron ore reaching bursting point.
There are some 75 vessels waiting to discharge to the already choked ore terminals. The president of China's state-owned aluminium giant, Chinalco, has given a dour short-term forecast for commodities markets. There is no bottom seen here yet in terms of the economic situation globally,'' Xiong Weiping said in Sydney yesterday. The bleak current outlook for China's iron-ore demand also had to be seen against the backdrop of current price negotiations in which Chinese buyers are expected to win 30 per cent price reductions. In response to the slowing demand, iron-ore spot prices last week had their biggest drop since October, while iron-ore freight rates slumped 15-20 per cent. Analysts said the outlook for Chinese growth had changed for the worse in the past two weeks. After a period of steel mill destocking late last year, followed by a period of restocking this year, a truer picture of demand was emerging. Macquarie Bank analyst Jim Lennon this week reported that 75 iron-ore ships were waiting fully laden at anchor in China, up from 55 at the start of February, and the highest in more than two years.Read More
There are some 75 vessels waiting to discharge to the already choked ore terminals. The president of China's state-owned aluminium giant, Chinalco, has given a dour short-term forecast for commodities markets. There is no bottom seen here yet in terms of the economic situation globally,'' Xiong Weiping said in Sydney yesterday. The bleak current outlook for China's iron-ore demand also had to be seen against the backdrop of current price negotiations in which Chinese buyers are expected to win 30 per cent price reductions. In response to the slowing demand, iron-ore spot prices last week had their biggest drop since October, while iron-ore freight rates slumped 15-20 per cent. Analysts said the outlook for Chinese growth had changed for the worse in the past two weeks. After a period of steel mill destocking late last year, followed by a period of restocking this year, a truer picture of demand was emerging. Macquarie Bank analyst Jim Lennon this week reported that 75 iron-ore ships were waiting fully laden at anchor in China, up from 55 at the start of February, and the highest in more than two years.
Small and medium sized yards in China lose out
Large shipbuilders in China will benefit from the economic stimulus plan handed out by the Chinese Government however; small and medium sized yards are likely to continue to face challenges.
Small and medium sized builders in Zhejiang, Fujian and Guangdong provinces have been facing difficulties since the financial downturn began in September last year. Many owners have even considered shutting down their privately owned yards. The total ship order in the Zhejiang province alone is 25.55 million tonnes which should technically be enough to hold up all the yards in the province for the next three years, however many of the vessels ordered are large ships, which small and medium yards are unable to build. Experts say that given the situation, smaller yards would find it extremely difficult to pull through the tough times without enough orders.Read More
Small and medium sized builders in Zhejiang, Fujian and Guangdong provinces have been facing difficulties since the financial downturn began in September last year. Many owners have even considered shutting down their privately owned yards. The total ship order in the Zhejiang province alone is 25.55 million tonnes which should technically be enough to hold up all the yards in the province for the next three years, however many of the vessels ordered are large ships, which small and medium yards are unable to build. Experts say that given the situation, smaller yards would find it extremely difficult to pull through the tough times without enough orders.
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