DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 237 Number 237 *** COLLECTION OF MARITIME PRESS CLIPPINGS *** Thursday 24-08-2017 News reports received from readers and Internet News articles copied from various news sites. The OFFSHORE WENDUINE inbound for IJmuiden – Photo : Jan Plug (c) Your feedback is important to me so please drop me an email if you have any photos or articles that may be of interest to the maritime interested people at sea and ashore PLEASE SEND ALL PHOTOS / ARTICLES TO : [email protected] If you don't like to receive this bulletin anymore : To unsubscribe click here (English version) or visit the subscription page on our website. http://www.maasmondmaritime.com/uitschrijven.aspx?lan=en-US Distribution : daily to 37.450+ active addresses 24-08-2017 Page 1 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 237 EVENTS, INCIDENTS & OPERATIONS The NAVE ATROPOS aproaching the IJmuiden locks assisted by the Port Towages Amsterdam Operated tug VENUS photo: Peter Maanders Port Towage Amsterdam © OOCL celebrated the christening of hull of OOCL Germany OOCL celebrated the christening of Hull H2173, a 21,413 TEU newbuilding constructed at the Samsung Heavy Industries shipyard on Geoje Island. Named as OOCL GERMANY, this mega containership is the second of the six 21 thousand TEU class vessels on order at the shipyard and they are an important part to enhancing the competitiveness and efficiency of OOCL modern fleet, the company announces in its press release. As with many of OOCL newbuildings, extra efforts have been made to ensure that they are operationally efficient and meeting the highest environmental standards. In fact, the OOCL GERMANY, , and her sister vessels, are designed with many advanced green features that can help meet future environmental requirements. For instance, the energy efficiency of these containerships not only satisfies the current Energy Efficiency Design Index (EEDI) baseline requirement, but is 48% better than the EEDI level required by the International Maritime Organization in 2025. The OOCL GERMANY will be serving the Asia-Europe trade lane on the LL1 service and her port rotation is: Shanghai / Ningbo / Xiamen / Yantian / Singapore / via Suez Canal / Felixstowe / Distribution : daily to 37.450+ active addresses 24-08-2017 Page 2 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 237 Rotterdam / Gdansk / Wilhelmshaven / Felixstowe / via Suez Canal / Singapore / Yantian / Shanghai in a 77-day round trip.“Orient Overseas Container Line” and “OOCL” are trade names for transportation provided separately by: Orient Overseas Container Line Limited (“OOCLL”) and OOCL (Europe) Limited respectively and both are wholly-owned subsidiaries of Orient Overseas (International) Limited, a public company (0316) listed on the Hong Kong Stock Exchange. Headquartered in Hong Kong, OOCL is one of the world's largest integrated international container transportation and logistics companies, with more than 330 offices in 70 countries. Linking Asia, Europe, North America, the Mediterranean, the Indian sub-continent, the Middle East and Australia/New Zealand, the company offers transportation services to all major east/west trading economies of the world. OOCL is one of the leading international carriers serving China, providing a full range of logistics and transportation services throughout the country. It is also an industry leader in the use of information technology and e-commerce to manage the entire cargo process. source: Portnews The VOS SATISFACTION inbound for the IJmuiden locks heading for Beverwijk Photo : Joop Marechal © The Swedish Club Secures Further Solvency Strength The Swedish Club returned a solid performance in the first six months of the accounting year, following the release of its half year results. Despite its decision to offer a discount of 4 % to all P&I members 2017/2018, the Club delivered an operating surplus of USD 19.0 million for the period in question Free reserves are now at a top level of USD 213.8 million, reinforcing the Distribution : daily to 37.450+ active addresses 24-08-2017 Page 3 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 237 Club’s commitment to meet members’ needs while also allowing for further growth of the business. The combined ratio of 94% continues to show a stable performance, below 100 % on an eight-year average. Lars Rhodin, Managing Director of The Swedish Club, said: “Our growth remains firmly in line with our agreed plans and has exceeded 70 million GT combined owners’ and charterers’ P&I entries.” He added: “This year is a special year for the Club with the celebration of its 145 years in the marine insurance business. The Asian market remains one of our key markets and we are also very proud to celebrate 35 years in Hong Kong this year.” At the 145th Annual General Meeting in June, the Club had the honour of welcoming three new Board members; Mr. Chen Wei from Cosco Shipping Lines, Shanghai; Mr. Jude Correa from Seaspan Ship Management, Vancouver; and Mr. Lu Jian from Winning Shipping in Singapore. Van Oord wins contract for Deutsche Bucht offshore wind farm Van Oord has been awarded the Balance of Plant contract to build the Northland Power Deutsche Bucht offshore wind farm, the Rotterdam-based company said in a statement. The Deutsche Bucht offshore wind farm is located in the German Bight, 95 km northwest of the island of Borkum. The scope consists of the design, engineering, procurement, construction and installation of the foundations, inter array cables and offshore high voltage station, and the transportation of the wind turbines. The project was originally developed by Highland Group Holdings. Van Oord will deploy amongst others its offshore installation vessel Aeolus, and cable-laying vessel Nexus. The offshore installation is envisaged to start in the second half of 2018. Deutsche Bucht will be operational by the end of 2019. The offshore wind farm will consist of 31 eight MW wind turbines and will have a rated power of 252 MW. This is enough to provide more than 178,000 homes annually with sustainable energy. Once completed, the offshore wind farm reduces CO2 emissions by more than 360,000 tonnes per year. The reduction fits to the goals set by the German government to reduce CO2 emissions in 2020 with 40% compared to 1990. “We had a great experience working with Van Oord on our Gemini wind farm. Van Oord is one of the world’s leading contractors in offshore construction, and we have developed a very strong and collaborative relationship. Together we look forward to delivering another high quality project,” said John Brace ceo of Northland Power. “Our cooperation during the Gemini project has proved very successful. We are confident that this will be another excellent cooperation between Northland Power and Van Oord. Both Northland Power and Van Oord share the ambition to contribute to the further development of offshore wind as reliable renewable energy source,” commented Arnoud Kuis, director Van Oord Offshore Wind. source: Seatrade Maritime NYSHEX Poised for Expansion as it Finalizes Series-A Investment: Hapag-Lloyd and CMA-CGM invest, along with GE Ventures and Goldman Sachs, resulting in total investment of $13M the GUAYAQUIL EXPRESS navigating the Westerschelde inbound for Antwerp Photo : Henk de Winde © The New York Shipping Exchange (NYSHEX), the innovator of the first digital forward freight contract for global container shipping, today announces the completion of its Series A round of funding. Hapag-Lloyd and CMA-CGM joined the investment round, along with additional investments from GE Ventures and GoldmanSachs – the Series A investment totals $13 million. Hapag-Lloyd, CMA CGM, MOL and OOCL are currently working with NYSHEX. NYSHEX will continue to bring on additional carriers to grow its service offerings and pursue future funding to build a comprehensive global exchange. NYSHEX provides the global shipping industry with a simplified and standardized “over-the-counter” exchange for entering enforceable freight contracts. NYSHEX is compliant with all U.S. regulations as well as the Federal Maritime Commission’s contract filing Distribution : daily to 37.450+ active addresses 24-08-2017 Page 4 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2017 – 237 requirements. It is based on proven and relevant principles from the New York Stock Exchange, Chicago Mercantile Exchange, and the London Metals exchange. Buyers of container shipping services: shippers and NVOCCs, use NYSHEX at no cost. Initially, they must be pre-accredited with NYSHEX to get started. Ocean carriers pay a transaction fee of $5/TEU. NYSHEX is different from the traditional long-term contract and spot market contract. NYSHEX offers a third option, defined by: Predictable rates that lack the volatility of current rate practices Rates that are all-in, no GRIs, surcharges, etc. are tacked onto offers on NYSHEX Buyers pay liquidated damages for no-show containers which enable carriers to improve vessel planning and utilization Equally, carriers pay liquidated damages when the contract is not operationally fulfilled Shippers can receive fixed rates, enforceable contracts, accurate invoices and a significantly more reliable supply chain, with above 99 percent reliability. Forwarders and NVOs create value for customers with a combination of products and services that best meet their supply chain needs. Carriers now have 97 percent certainty in future cargo flows, enabling better vessel planning and uptake management, more dynamic pricing, and