Page 3 - Al-Rashed Newsletter March 19

SHIPPING WORLD
SHIPPING NEWS

Container ship carrying 2,000 cars, including 37 Porsches, worth millions of
dollars sinks off the coast of France
An Italian container ship bound for Brazil while carrying some 2,000 cars including
some three dozen Porsches caught fire and sank in the Atlantic Ocean just off the
coast of France on Mar 12. All 27 crew members aboard were rescued by the British
military, though French authorities quickly began to clean up an oil spill caused as a
result of the sinking.
The vessel ran aground on March 12 about 150 nautical miles southwest of Brest,
France, at a depth of 15,000 feet beneath the surface of the ocean.
German automaker Porsche confirmed on Tuesday that the doomed vessel was
carrying four models of the 911 GT2 RS.
In addition to the 911 GT2 RS, Porsche had a number of other models that were lost
at sea. They include 718 Caymans, Boxters, and Cayennes. In total, there were 37
Porsches aboard the Grande America.
Another European car maker, Audi, lost a number of its vehicles in the shipment,
including the Audi A3, A5, RS4, RS5, and Q7 models.

NYK Develops Software that Helps with Ship Berthing
Japanese shipping company NYK has, together with Monohakobi Technology
Institute (MTI) and Japan Marine Science (JMS), developed a system that assists
with vessel berthing. The system — patent pending — assesses a vessel’s
controllability and visualizes the risk in the berthing operation to reduce the burden
on the operator and eliminate accidents caused by human factors.
The technology used in this system is expected to be applied to the automatic
shore-arriving system for manned autonomous ships that the NYK Group has been
working to implement, according to the company.
When a ship is berthing, a guideline indicates the exact reduction in ship speed as
the distance to the wharf nears. Following this guideline, the ship takes wind and
tidal information into consideration while the operator provides instructions to tugs
and efforts are made to control the rudder and engine.

Maersk to Test Biofuel on Its Triple E Vessel
Danish shipping giant Maersk has partnered up with members of the Dutch
Sustainable Growth Coalition (DSGC) in the world’s largest maritime biofuel pilot
project.
Using up to 20% sustainable second-generation biofuels on a large triple-E ocean
vessel, the pilot would see the ship sail 25.000 nautical miles from Rotterdam to
I t i s e s t i m a t e d
Shanghai and back on biofuel blends alone, a world’s first at this scale, saving 1,5
t h a t a m a j o r
million kilograms CO2 and 20.000 kilograms of sulphur. The voyage will take place
c o n t a i n e r s h i p f i r e
between March and June 2019.
i n c i d e n t a t s e a
o c c u r s o n a v e r a g e CMA CGM now has 90% of CEVA Logistics voting rights
e v e r y 6 0 d a y s , CMA CGM now controls 90 per cent of the voting rights in CEVA Logistics, following
a public tender offer from CMA CGM that values CEVA at CHF1.67 billion (US$1.66
a c c o r d i n g t o
billion) with each share priced at CHF30. This offer price has won agreement, after
i n t e r n a t i o n a l
a rival takeover bid from Denmark's DSV was rejected in October 2018.
t r a n s p o r t a n d
An additional acceptance period is to run from March 20 to April 2, 2019.
l o g i s t i c s i n s u r e r
T T C l u b .

Source: World Maritime News