Page 4 - Al-Rashed Newsletter Aug 19

SHIPPING WORLD
SHIPPING NEWS

A first in liner shipping: Hapag-Lloyd to convert ship to LNG
When Hapag-Lloyd starts converting the large container ship “Sajir” in mid-2020, it
will be launching a pilot project that could pave the way for the entire shipping
industry.
Whenever the “Sajir” is in Hamburg, Hapag-Lloyd engineers or other companies
with which the shipping company is collaborating on this project go on board to take
measurements of the vessel and draw up plans. After all, converting the 15,000
TEU vessel will pose completely new challenges. Whether it is figuring out where to
store the LNG on board, laying the additional piping systems or treating the fuel, all
of these aspects much be integrated into the overall ship in a manner which ensures
that the “Sajir” will continue to be available for service and perform at the highest
level. This, in turn, makes the conversion very complex and time-consuming for
everyone involved.

Maersk Line enters the Indian trucking market cooperating with online
platform BlackBuck
Maersk Line is entering into a partnership with India's online containerized trucking
marketplace, BlackBuck that has 300,000 active trucks enrolled on its platform,
aiming to offer customers a more efficient way of moving their export and import
containers deep into the countryside. Dealing with fragmented vendors with varying
service levels of communications, as well as geographical, financial and
infrastructural disparities, resulting in sub-optimal supply chains. In this respect a
solution was looked after to find partners who understand these challenges, match
our set of values and have expertise in both logistics and technology.

Australia joins US-led mission to protect Hormuz shipping
Australia has joined Britain and Bahrain in signing onto a U.S.-led maritime security
mission to protect international shipping in the Strait of Hormuz.Prime Minister Scott
Morrison said Wednesday that Australia will contribute troops, a surveillance plane
and a Navy frigate to protect shipping lanes off the coast of Iran.He says it’s a
“modest, meaningful and time-limited” contribution in Australia’s national and
economic interests.At least 15% of crude oil and up to 30% of refined oil destined
for Australia transits through the Persian Gulf.The warship will be redirected from an
anti-piracy operation in the Middle East, while the Australian troops will be based in
the headquarters that are co-ordinating the US-led maritime security
mission.Initially, Australia will be involved for at least six months.

World's biggest cargo ship - longer than 36 buses - arrives in Europe
The latest giant of the seas, the MSC Gülsün, has docked in Europe after its first
voyage from northern China set a record for container ships.The 400 metre
(1,312ft) vessel is longer than 36 London buses and can transport 23,576 standard
20ft long shipping containers - known as “TEUs” (Twenty Foot Equivalent
units).According to owner MSC Mediterranean Shipping, that means the ship can
transport 8.35m microwave ovens, 223m bananas or 386m pairs of shoes in a
single load. To carry the equivalent cargo load by road would require 14,000 lorries
or 1,350 Jumbo jets.

Source: Maersk.com, Telegraph, Hellenic Shipping, Citynews 1130