Abu Dhabi Maritime created as a custodian of all marine activities AND MORE…
A maritime news and analysis weekly, to help you make informed decisions in the weeks ahead.
Issue #97: 05 Aug, 2020
CMA CGM PSS update from the Mediterranean, Adriatic & Black Sea to the Far East, Middle East Gulf and Red Sea
The Peak Season Surcharge (PSS) rates applicable as from August 1st, 2020 (date of loading in the origin ports) until further notice:
This PSS will apply as follows:
Origin: From West Mediterranean, East Mediterranean, Adriatic & Black Sea ports
Destination: To the Far East, Middle East Gulf & Red Sea
Cargo: Dry
Amount: USD 100 per 20’ dry / 40’ dry /40’ HC
Date of application: August 1st, 2020 (date of loading in the origin ports) until further notice
Scope: all contracts except long-term
Abu Dhabi Ports assigned as the primary custodian of all of Abu Dhabi’s waterways and marine ecosystems
Abu Dhabi Ports, an ADQ company, has been assigned as the primary custodian of all of Abu Dhabi’s waterways and marine ecosystems, through the creation of Abu Dhabi Maritime. The new body was formed by the Department of Municipalities and Transport (DMT) based on an agreement between Abu Dhabi Ports and DMT, in which both entities agreed to cooperate in launching a wide variety of integrated services and facilities. The joint effort is in line with Abu Dhabi Government’s strategy to integrate and streamline governance and oversight of priority growth sectors, and delivers on the leadership’s vision as reflected in the Abu Dhabi Plan Maritime. Leveraging on Abu Dhabi Ports’ maritime expertise, the new entity will function as a consolidated single point of regulatory entry with a mandate to implement effective maritime services and state-of-the-art infrastructure, supported by highly-qualified human resources and upholding the highest health, safety and quality standards. Abu Dhabi Maritime will be supported by a new Maritime Advisory Council, which will represent the interests of key partners and customers including, government entities, ports, individual users, communities, and marine service companies.
Bangladesh starts work on Matarbari deep sea port
Bangladesh’s cabinet committee on Wednesday (22 July) appointed Japanese firm– Nippon Koei Company — to provide consultancy services for the construction of a deep seaport to handle its growing external trade in a deal worth $28m.The firm will work on detail design, tender assistance, and construction supervision of the JICA-funded proposed deep seaport at Matarbari area in south-eastern Bangladesh. The deep seaport will have a 16-metre water draft and will be able to accommodate 8,000 TEU post-Panamax vessels, lessening Bangladesh’s dependence on the feeder vessels to ferry export-import goods from the hub ports in Singapore, Colombo and Port Klang. The deep seaport, whose main navigational channel will be 350-metres wide, is expected to be completed by December 2026.
DP World takes stake in Unico Logistics
DP World, the Dubai-based port operator, is stepping up its vertical integration in the supply chain, with the planned purchase of a 60% stake in South Korea’s Unico Logistics. The transaction, subject to regulatory clearances, is expected to close in Q4 2020, and represents another strategic step in DP World’s vision to build an integrated suite of service offerings in direct connection with beneficial cargo owners. Established in 2002 by its president and CEO, Park Hyung-ju, Unico is one of the largest independent non-vessel operating common carrier (NVOCC)’s in South Korea. The company is active in the fast-growing transcontinental rail freight market between East-Asia, Central-Asia and Russia, moving containers along the Trans-Siberian Railway and Trans China Railway, using its owned containers, said to number around 14,000 TEU.
Shipwaves wishes you a great week ahead!
Happy Sailing!
