Page 8: of Maritime Reporter Magazine (August 2013)

The market index for Asia to North-Europe is still on the decline, and the average for a 20-foot saw a 19% drop since May 26 compared to the June 26 price comparison service for sea freight, Xeneta reported. The market aver- age for a 40-foot in Asia to North Europe performed simi- lar with a 20% decline in container shipping rates in the same period. The rate pressure is higher than ever with the announced general rate increase on July 1, where ocean carriers are attempting to push GRI?s up to $1,000 per 20- foot container ? the highest increase ever. The rates are ex- pected to rise from today?s levels, as the average prices for trade lanes like Shanghai to Rotterdamis as low as $877 per 20-foot and $1,488 per 40-foot, last tracked on June 26. Compared to May, that?s a 13% decrease on 40-foot and 10% decrease on 20-foot. ?We saw in March after the GRI was released that the prices held steadily for a couple of weeks, but dropped signiÞ cantly in the beginning of April. So it?s pure guess- work to say how long prices will hold with ocean rates be-ing as volatile as they are,? said COO of Xeneta, Thomas Sørbø.?The lowest rate we?ve seen per today is less than $500 on Qingdao to Le Havre for a 20-foot container.? Xeneta?s market index also reported that the average rate for a 40-foot container, on several other key trade lanes like Shanghai to Felixstowe, was at $1,500 and Tianjin to Antwerpen was at $1,583.These two trade lanes are just a small part of the growth Xeneta has seen with its 2,300 port pairs and it continues to grow as more shippers and suppliers take part. xeneta.comDown, not out Containershipping rates continue to fallNEWS8 Maritime Reporter & Engineering News ? AUGUST 2013 By the NumbersRenewables to Surpass Gas A new report from the International En- ergy Agency (IEA) predicts that power generation from hydro, wind, solar and other renewable sources worldwide will exceed that from gas and be twice that from nuclear by 2016, via its second an-nual Medium-Term Renewable Energy Market Report (MTRMR).40% is the expected global growth rate for renewable power through 2016 According to the MTRMR, despite a difÞ cult economic context, renewable power is expected to increase by 40% in the next Þ ve years, and renewables are now the fastest-growing power generation sector and will make up al-most a quarter of the global power mix by 2018, up from an estimated 20% in 2011. The share of non-hydro sources such as wind, solar, bioenergy and geo- thermal in total power generation will double, reaching 8% by 2018, up from 4% in 2011 and just 2% in 2006. Even as the role of renewables increases across all sectors, the MTRMR cautions that renewable development is becom-ing more complex and faces challenges ? especially in the policy arena. Norshipping Earlier this summer in Oslo the global shipping community came together for Norshipping, a bi-annual event that has evolved into one the largest and most inß uential exhibitions and conferences serving the global maritime community. 14,870 Visitor entries at exhibition 31,510Delegate entries at exhibition, including visitors1,037 Number of exhibiting companies.200Approximate number of receptions and social events The U.S. Department of Transportation?s Maritime Ad- ministration (MARAD) announced $9.46m to help im-prove 12 shipyards in 10 states. The grants are provided through the Small Shipyard Grant Program. Acting Maritime Administrator Paul ?Chip? Jaenichen made the announcement at Jeffboat, LLC, one of the grant recipients, located in Jefferson- ville, Indiana. For this latest round of awards, MARAD received 113 grant applications requesting $96 million in assistance, exceeding the $9.46 million made available for the grants. Jeffboat, LLC, received an $845,817 grant. The Jeff- boat facility has four production lines that are used for the construction of barges ranging in size from river hopper barges to 52,000 barrel tank barges. The grant will allow Jeffboat to adjust the width and orientation of one of its vessel lines, helping the facility to enhance efÞ ciency. The following 12 shipyards will receive grants:? All American Marine , Bellingham, Wash. ? $999,100 for overhead cranes, welding machines, CNC router, scissors lifts, painting area upgrades, ventilation upgrades.? Blount Boats , Warren, R.I. ? $680,272 for metal working equipment, engineering software, big top por- table work shelter, material handling enhancements. ? C&C Marine and Repair , Belle Chasse, La. ? $999,920 for a 220-ton hydraulic crane.? Chesapeake Shipbuilding Corp. , Salisbury, Md. ? $559,686 for industrial gas system, compressed air sys-tem, mobile crane.? Conrad Orange Shipyard , Orange, Texas ? $686,539 for shipyard electrical upgrades.? Dorchester Shipyard, Inc. , Dorchester, N.J. ? $945,800 for a new ß oating dry dock. ? International Ship and Repair & Marine Services , Tampa, Fla. ? $980,260 for a 275-ton crawler crane. ? Jeffboat, LLC , Jeffersonville, Ind. ? $845,817 for re- design and modernization of the existing vessel line three.? Lyon Shipyard , Norfolk, Va. ? $779,168 for com- puter numerically controlled (CNC) lathe.? North Florida Shipyard , Jacksonville, Fla. ? $459,160 for waste water treatment and recycling system.? Seacraft Shipyard, LLC , Amelia, La. ? $1,100,000 for a marine travelift.? Thames Shipyard and Repair Co. , New London, Conn. ? $422,264 for ß ow UHP system. MARAD: $9.46M Shipyard Grants MR #8 (1-9).indd 8MR #8 (1-9).indd 88/2/2013 10:07:00 AM8/2/2013 10:07:00 AM