Today we would like to share that AIR SEA FORWARDERS SRL joined our group from ROMANIA. Let's welcome them on board of Overseas Project Cargo Association..!

Wish you a good cooperation together! 

AIR SEA FORWARDERS SRL _ ROMANIA                  
ADDRESS :Henri Coanda Int’l Airport, Menzies Cargo Terminal Calea Bucurestilor 224E, 075150 Otopeni, Ilfov, ROMANIA
CONTACT : Ms. Irina Gupcea / General Manager
TEL : +40 21 201 48 45
FAX : +40 21 201 48 45
WEB :  www.asfbuh.ro
 

Original news was published on 24 June, 2014

WHAT ended the P3 mega alliance's chances to proceed was that it was just too big on the Asia-Europe route, taking up 47 per cent market share against the Chinese Ministry of Commerce limit of 30 per cent.

"The Ministry of Commerce held fast to a 30 per cent market share. China found that P3 would control up to 47 per cent of the business on the Asia-Europe route," said US Federal Maritime Commissioner William Doyle.

Mr Doyle noted that on the transpacific and transatlantic routes, P3 would only have 23 per cent market share which explains why its plans were acceptable to the US but not to China.

This observation, shared by many others, opens the door to other vessel sharing agreements, which keep within the 30 per cent limit, or whatever becomes the regulatory norm.

MDS Transmodal analysts Mike Garratt and Antonella Teodoro appealed for such norms: "The Federal Maritime Commission, the EU and the Chinese Ministry of Commerce should come out with what is/is not acceptable."

The P3 rival, the smaller G6 alliance, another vessel sharing agreement, carried an estimated 37 per cent of cargo in the Far East-US west coast trade lane in 2013, said the MDS Transmodal analysts.

Lars Jensen, who heads the Seaintel Maritime Analysis, said the increase in the number of vessel sharing agreements has created problems for carriers which were now competing with non-vessel operating common carriers (NVOCC).

"If a carrier operates five Asia-Europe services but offers 20 services through VSAs, what is it? A carrier or an NVOCC?" said Mr Jensen.

"This means that what has so far been a game between 15-20 carriers suddenly becomes a game involving a large number of NVOCCs and will bring some of the carriers into some interesting discussions with major clients," he said.

But this seems to be the way of the future, according to Maersk trade and marketing chief Vincent Clerc.

"What the Ministry of Commerce has prohibited today is one form of co-operation. VSAs and other forms are still either in effect or a possibility and we will need to explore them," he said after hearing the news.

Not surprisingly the China Shipowners' Association was happy: "The decision is fair, lawful and responsible. Still, it is too soon to tell whether P3 members will unite in other forms," said CSA vice-chairman Zhang Shouguo.


*NEWS SOURCE

Original news was published on 24 June, 2014

Original news was published on 23 June, 2014

Alstom’s board has unanimously recommended its shareholders accept GE’s bid for the company, thereby rejecting a rival offer from Siemens and MHI. Alstom will retain its transportation division.

GE will purchase Alstom Power & Grid businesses for close to US$17 billion and subsequently establish three three joint ventures: nuclear, renewables and grid. GE will sell its signaling division to Alstom for about US$825 million.

The French government, which has been involved in negotiations, has confirmed it will grant the required foreign investment authorization, GE said in a statement.

Further, the government will purchase up to 20 percent of Alstom through a purchase of shares from Bouygues, a French engineering company. With its holding, the government will have voting rights and place two representatives on the new board.

Alstom’s nuclear assets were of particular concern to the government. Under the deal, newly-established Global Nuclear & French Steam Alliance will include the production and servicing of Alstom’s Arabelle steam turbine equipment for nuclear power plants, as well as Alstom’s steam turbine equipment and servicing for applications in France. The French government will control rights to Alstom’s nuclear technology.

Siemens and MHI submitted their offer last Monday and offered a revised version on Friday, but Alstom’s board said it did not “adequately address the interests” of the company or its shareholders.

The deal is expected to close in 2015, following the necessary approvals.


*NEWS SOURCE

Original news was published on 23 June, 2014

Original news was published on 21 June, 2014

Original news was published on 20 June, 2014

Damen Shiprepair Vlissingen will remodel the Rowan Viking, a Keppel Fels N-class drilling rig and one of the largest of its type.

The Rowan Viking measures 124 meters long, 95 meters wide and 170 meters high. It has been contracted to explore the Norwegian Lundin Oil Field in the North Sea and will have to be modified for the job, Damen said in a statement.

Damen Shiprepair Vlissengen will extend the rig’s legs by 10 meters to 180 meters to work in the deeper waters. Because the leg extension work will be performed at great heights, DSV has contracted Palfinger Systems to use its JUMP System undefined Jack Up Maintenance Platform. These are platforms that can be built around, and moved up and down, the legs.

A Mammoet PTC crane will be used to hoist the 120-tonne leg extensions. The crane will be more than 200 meters high. To make room for the crane, DSV has demolished a warehouse and is building a foundation that can withstand the crane’s 30-tonne per square meter ground pressure.

DSV will also make safety modifications in accordance with Norwegian law and have the modified rig certified before it is deployed. The Rowan Viking will be at the shipyard for about 130 days.

*NEWS SOURCE

Original news was published on 20 June, 2014

Signet Maritime takes delivery of ASD tractor tug from Patti Marine
Adding to its fleet of 37 conventional and ASD vessels, Signet Maritime Corporation took ownership of its ninth newly constructed tractor tug in six years.

SIGNET ARCTURUS, a 105’ x 38’ Z-Drive, designed by Robert Allan Ltd. of Vancouver, British Columbia was delivered by Patti Marine Enterprises of Pensacola, Florida on May 25, 2014, the Corporation said in a press release.

SIGNET ARCTURUS is powered by two Caterpillar model C175-16 main engines, each rated 3417 BHP at 1800 RPM. The engines are coupled to two Rolls-Royce US 255 CP azimuth thrusters via carbon fiber shafting, providing thrust for ABS certified sustained bollard pull of 83.45 metric tones.

All Caterpillar mains and John Deere 6068TFM76 generator engines aboard the vessel are U.S. EPA Tier 3 certified for reduced emissions.

*NEWS SOURCE

Original news was published on 19 June, 2014

Original news was published on 19 June, 2014

But cooperation may prove challenging;