Original news was published 06 October, 2017

US-based tanker shipping company International Seaways is reviewing investment opportunities aimed at bolstering its fleet.

“For us, as a new company, to come out on the market during a time when asset values are at their lowest in decades is quite positive. We really look at it as a time for us to be able to renew the fleet,” Lois Zabrocky, President & CEO of International Seaways, said while speaking at the 10th Annual Shipping, Marine Services & Offshore Forum in London.

According to Zabrocky, the company is not looking for newbuildings, but is making moves steadily, eyeing opportunities in the second-hand market.

“For us, the right approach is finding a high-quality second-hand tonnage, and we are refraining from the ordering of new ships at this point in time,” she added.

The investment into low priced assets is expected to pay off in the next 18 to 24 months anent anticipated boom in the demand side for crude oil tankers as the tanker market is expected to gain full recovery over the next two years.

The anticipated higher interest in tanker assets and equity is further fuelled by the higher scrapping of crude oil tonnage, which picked up over the last few months, especially in August, bringing more balance to the demand-supply side.

Just last quarter, the company bought two Suezmaxes constructed at Hyundai Samho Heavy Industries shipyard.

Following the delivery of the tanker duo, the company’s fleet consists of 57 vessels, including 51 conventional crude and product tankers in addition to its joint venture participation in four liquefied natural gas carriers and two floating storage and offloading service vessels.

*NEWS SOURCE

Strong partners are going on to join Overseas Project Cargo Association from all around the world. Today we are happy to announce you that FLYJAC LOGISTICS PVT. LTD. is our new member from INDIA.

Let's welcome our new agent on board of Overseas Project Cargo Association! Have a great cooperation together! 

FLYJAC LOGISTICS PVT. LTD.
ADDRESS: B1/205 2nd Floor Boomerang, Chandivali Farm Road, Andheri (east), Mumbai - 400072, India
CONTACT: Vishwa Pai / Regional Manager – Projects
TEL: +91 22 33595919
FAX: +91 22 33595950
WEB: www.flyjaclogistics.com

COMPANY PROFILE

Flyjac Logistics Pvt. Ltd. provides end-to-end project logistics services for entire large-scale, out-of-gauge and heavy-lift projects both domestically as well as internationally. This is achieved through an expertly trained global workforce and strategic partnerships in all geographies. Whether the assignment involves transporting and relocating an entire oil & gas exploration facility to a remote region thousands of miles away, or providing assistance to a multinational company in the relocation of its corporate offices, their engineers, managers, SMEs and field experts are well-qualified to execute the project successfully on time and cost-effectively.

Over the past two decades, they have served a wide range of verticals and industry segments including automobile, mining, construction, steel, export-import, marine and specialty chemicals. They own the machinery, equipment and the necessary infrastructure thus avoiding unpredictable dependencies.

Total Cargo & Supply Chain Solutions from Flyjac Logistics;
• Rigorous and comprehensive planning prior to the execution of project logistics assignments
• Vertical as well as horizontal integration of all project logistics
• Advanced-level expertise in plant logistics
• Careful attention to detail and single-point project management
• Creative, out-of-the-box strategy implementation
• Professionally conducted route surveys and structural engineering research
• Top flight logistical support services such as document processing, customs clearance, warehousing and security
• Project logistics services that conform to regulatory compliance, safety norms and environmental considerations

You can click here to review the projects of our new agents.

VISIT WEBSITE (CLICK HERE!) | VISIT OPCA PROFILE (CLICK HERE!)

Original news was published 02 October, 2017

THE Panama Canal has received its 2,000th Neopanamax containership since the opening of the expanded waterway in June 2016.

The 9,504-TEU Cosco Yantian completed the milestone transit through the canal while travelling northbound from the Pacific to the Atlantic Ocean. The vessel measures 351 metres in length and 43 metres in beam.

"Over the last 15 months, the expanded canal has repeatedly exceeded expectations," said Panama Canal administrator, Jorge Quijano, in a statement.

The Cosco Yantian is deployed on the Pacific East Coast 2 (PEX2) service, which operates between Asia and the Caribbean.

The container segment accounts for more than half of the transits through the expanded canal (54 per cent), while LPG and LNG vessels represent 29.2 and 8.6 per cent, respectively. Bulk carriers, tankers, car carriers and cruise ships also pass through the canal.

*NEWS SOURCE

Original news was published 01 October, 2017

Euroports has just completed a major stevedoring job at its Terminal 1207 on the Left Bank in Antwerp

The job involving loading to capacity MV SALTA, operated by GMB Maritime Liner Services GmbH, in time for the scheduled departure date.

The modern, geared open hatch bulk carrier is the deepest draft ship ever loaded by Euroports at Terminal 1207, said Joeri Tielemans, the company's Commercial Director for Belgium and France. "That’s thanks to the new 18m deep lock here in Antwerp [Deurganckdok lock], which gives our customers so much more flexibility," he said.

The loading operation, using Euroports' mobile harbour cranes, passed off without any problems. When SALTA weighed anchor, bound for various ports in the Middle East and the Far East, it was at its maximum draft of 13.9m. That meant it was carrying 53,000 tonnes of cargo, with a total volume of 64,000 m3.

The cargo included 30,000 tons of steel slabs, 8,000 tonnes of steel coils, 20,000 m3 of cast-iron pipes, 6,000 tonnes of pulp in bales and reels and a few smaller shipments of steel.

Michael Koch, Managing Director at GMB, said: "This was a big job, with a diverse cargo, but we knew we were in good hands with Euroports: over the years, they've built up a solid track record, safely and efficiently loading an enormous variety of goods bound for destinations across the globe."

Terminal 1027 has a one-time storage capacity of 1M tonnes. Euroports handles a large range of cargo types, including non-ferrous metals, wind turbines and fruit as well as the cargo types loaded into SALTA.

*NEWS SOURCE

Strong partners are going on to join Overseas Project Cargo Association from all around the world. Today it is our pleasure to share with you that POLARIS SHIPPING AGENCIES LLC joined our group from UNITED ARAB EMIRATES.

Let's welcome our new agent on board of Overseas Project Cargo Association! Have a great cooperation together! 

POLARIS SHIPPING AGENCIES LLC
ADDRESS: Post Box 52535, Al Khaleej Centre, Dubai, United Arab Emirates
CONTACTS: Rajesh Damodaran / Business Development Manager
Unni Krishnan / Operations Manager
D.B. Christopher / Chartering Manager
TEL: +971 4 883 2586
FAX: +971 4 883 2945
WEB: www.polarisdubai.com

COMPANY PROFILE

Polaris Shipping Agencies LLC was established in 1992 and has grown into one of the leading ship agents in UAE and Arabian Gulf. With offices in Dubai and Jebel Ali Free Zone, Polaris is fully geared to meet the growing needs of its customers with the backing of an efficient marketing and support team. They have experience, contacts and the teams to move any generals, out of gauge or heavy lift cargo around the world, commencing from route evaluation, proposing the best solution for the safest and most competitive project delivery. Being agents for several heavy lift first class European and international carriers, they have access to a modern fleet of over 300+ vessels ranging from heavy lifts to super jumbo lifts. They also enjoy an excellent relationship with regular liner operators to ensure that liner / multimodal options are strongly evaluated.

Ideally located in Dubai, United Arab Emirates, they have the best logistics possibilities to all GCC States as well as to Iraq, Afghanistan and CIS countries such as Turkmenistan, Azerbaijan, Uzbekistan and Tajikistan to name a few. Polaris has earned a reputation as one of the regions preeminent logistics management companies handling turnkey transportation project management & forwarding services for large scale and logistically complex initiatives.

Polaris handles Land, Sea & Air Transportation of:

-Heavy Lift Cargo
-Rig movements
-Out of Gauge
-Break Bulk
-Hazardous
-Specialist in Power Generation, Construction, Oil & Gas Industry
-Full or Part Charter Ocean Vessel/Barge
-24 hours per day, 365 days a year Dedicated Service

You can click here to review the services of our new agents.

VISIT WEBSITE (CLICK HERE!) | VISIT OPCA PROFILE (CLICK HERE!)

Today we are delightful to share that OPCA Myanmar member TIGERS INDO CHINA LOGISTICS CO., LTD. has extended their presence in our network with their overseas office in Malaysia. Additional to their membership in Myanmar, TIGERS INDO CHINA LOGISTICS CO., LTD. is more extensive and efficient in OPCA with their overseas office in Malaysia. From now on, please also do not hesitate to contact them for your inquires of Malaysia.

Wish you a good cooperation together!

TIGERS GLOBAL LOGISTICS (M) SDN. BHD.
ADDRESS: No 60-1, Jalan Ramin 2/KS7, Botanic Bussiness Gateway, Bandar Botanic, Klang, Selangor 41200, Malaysia
CONTACT: Sukanthi Balakrishnan / Sales Support
TEL: +603 3319 2636
FAX: +603 3319 2663
WEB: www.go2tigers.com

COMPANY PROFILE

Tigers is a global logistics and transportation company that specializes in bespoke supply chain solutions,
e-fulfilment and transportation by air, sea and road. The core of Tigers’ culture centers around freedom, responsibility,
performance and people development. The combination of Tigers’ logistics expertise, global network and client centric work ethic, provides a
truly unique customer experience. Their technicians move and install a variety of hi-tech manufacturing equipment and project cargo. They plan, manage and execute
the disassembly, international movement and reassembly of their customers hi-tech cargos.

Please see company profiles of Malaysia and Myanmar offices for more information thank you!

Original news was published 26 September, 2017

Singapore’s oil company Trescorp is to launch a new 45-hectare terminal in Oman-based Port of Sohar with an investment of USD 600 million.

The new facility will feature six deep-water berths, with 25 metre drafts, one of them capable of receiving very large crude carriers (VLCC) oil tankers of up to 320,000 dwt. The terminal will be located in Sohar Port South, where a recently announced land reclamation project would create more space for industry.

In its first phase, the terminal will be equipped to receive, store and blend crude oil, fuel oil and diesel. Expansion plans for phase two include gasoline blending, jet fuel, asphalt and a lube oil blending plant.

Construction of phase one is scheduled to start next year, with an initial storage capacity of 600,000 m3, while future expansion plans will take the total storage capacity up to 1.8 million m3. The works would be privately funded with initial investments for phase one estimated at USD 187 million.

Operations are set to commence by 2020. As well as planned bunker services from Trescorp, SOHAR Port is currently in advanced licensing negotiations with two other bunker service providers following a recent call for tender.

The USD 600 million investment would be made in anticipation of significant growth in petroleum trading in the Gulf Cooperation Council (GCC) region, as well as growing demand for bunker services.

“The forecasts for the growth of petroleum trading in the Gulf area are far greater than the available storage capacity, which is still relatively small compared to combined storage at Port of Singapore and Johor Port that totals around 20 million m3,” Hamood Al Hashmi, Chairman of Trescorp, said.

Marine facilities at the new terminal would ensure shorter turnaround times for vessels and faster re-exports, according to Trescorp.

“Refined products from Sohar will be traded and exported around the world to meet projected demand growth in the emerging economies of the Indian subcontinent, East Africa, China and the rest of Asia,” Al Hashmi added.

*NEWS SOURCE

New partners are going on to join Overseas Project Cargo Association from all around the world. Today it is our pleasure to share with you that FREIGHT RANGERS CO., LTD. joined our group from THAILAND.

Let's welcome our new agent on board of Overseas Project Cargo Association! Have a great cooperation together! 

FREIGHT RANGERS CO., LTD.
ADDRESS: 776 Phairoj Kijja Vill. Phase 4 Soi 3, Bangna Trad 27 Bangna, Bangna, Bangkok 10260, Thailand
CONTACT: Asawanee Pandey / Business Development Manager
TEL: +66 27443386-8
FAX: +66 20013522
WEB: www.rangers.co.th

COMPANY PROFILE

Freight Rangers Co., Ltd. is a reliable and reputable company in total logistics. Their policy is simply to provide timely, trustworthy and cost-compromised total logistics to all their customers. They seek to distinguish themselves by providing the most flexible and reliable customer service at any point of time. Besides, their global agency networks enable their customers to benefit from a package tailored to their customers’ individual needs and time requirements. A dynamic, energetic team of experienced freight forwarding professionals converging to form a company that sets a new standard in service and professionalism. Their services include air freight, sea freight, forwarding services, customs clearance, haulage, transportation, storage, packing & removal, warehousing and insurance.

You can click here to review the projects of our new agents.

VISIT WEBSITE (CLICK HERE!) | VISIT OPCA PROFILE (CLICK HERE!)

Original news was published 27 September, 2017

The Port of Bilbao in the Basque Country of northern Spain has started construction of an additional ro-ro ramp.

It will be the eighth ramp at the port and will feature a minimum load capacity of 250 tons (226.8 tonnes). Is this measurement definitely correct?

According to Uniport Bilbao, the equipment will reinforce the services that the shipping companies and logistics operators of the port community offer to the manufacturing industry.

The ro-ro ramp will completed by the beginning of next year.

Meanwhile, since July 2017, port companies Amarradores Puerto de Bilbao, Corporación de Prácticos del Puerto y Ría de Bilbao, and Compañía de Remolcadores Ibaizabal have been preparing a pontoon for the loading, transport and stowage of components for the Rentel wind farm substation in Belgium.

The pontoon was commissioned by the French shipyard STX, while the structures were manufactured by Navacel in Axpe.

The first structure, a transition piece weighing 730 tons (662 tonnes) and measuring 30 m in height and 7 m in diameter at the base, was loaded onboard BOA Offshore's heavy lift barge CC Biscay by the shipping agent Toro & Betoloza for onward shipment to the Port of Rotterdam.

The cargo departed the Port of Bilbao at the end of August.

*NEWS SOURCE

OPCA 4th AGM 01, 02, 03 October 2017 Bali Indonesia Cancelled!

This is to inform you that 4th AGM 2017 Bali Indonesia was CANCELLED as a result of increasing eruption risk of Mount Agung Volcano!!!

Authorities raised the volcano's alert status to the highest level following a "tremendous increase" in seismic activity!!!

AGM was cancelled to the benefit and safety of meeting participants!!!

We hereby thank our members for their kind understanding in advance.

Sincerely Yours
Overseas Project Cargo Association