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Hot Port News from GAC

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GAC 01072014Mariners urged to prepare for heavy weather
August 06, 2014, United States, Honolulu, Hawaii

The U.S. Coast Guard is urging the public to prepare for the onset of heavy weather expected to impact the Hawaiian Islands Thursday [7 August].

The effects of Hurricane Iselle and Tropical Storm Julio are expected to generate extreme sea conditions, storm surge and surf of 10-15 feet throughout the Main Hawaiian Islands….

….The Coast Guard is working closely with local and state first responder agencies. Once the storm begins to impact the islands, emergency responders may not be able to assist those in danger. The public is urged to heed all evacuation orders. Mariners should seek safe harbor and shelter.

Mariners should secure their boats and boating equipment. Owners of large boats are urged to move their vessels to protected marinas where they will be less likely to break free of their moorings or to be otherwise damaged. It may be advisable for smaller boats to be pulled from the water and stored in a place that is not prone to flooding and is protected. Regardless of location, all loose items aboard vessels should be secured or removed….

(For information about operations in the USA contact GAC USA at usa@gac.com)

Source: Extract from U.S. Coast Guard, Hawaii Pacific News Release issued 5 August 2014

Strike notice served
August 06, 2014, Australia, Port Hedland

Teekay Shipping employees at Port Hedland who are members of the Australian Institute of Marine and Power Engineers (AIMPE) will take protected industrial action in the form of 4 hour work stoppages starting at 0315 on Saturday (9 August), 0500 on 11 August and 0615 on 13 August.

Teekay has attempted to have the industrial action withdrawn by the Union, which has been rejected – and now will apply to the Federal Court for an injunction to stop it.

For information about operations in Australia contact GAC Australia at shipping.australia@gac.com

Plans for new canal announced
August 06, 2014, Egypt, Suez Canal

Egypt has unveiled its plan to build a new Suez Canal alongside the existing 145-year-old waterway, and digging is already underway.

The project will see the creation of a new canal parallel to the old one, with the same depth and width, creating a two-way waterway.

The existing Canal is already double-sided in some parts, and the new project will extend this to allow the transit of ships in both directions.

The new side of the canal expected to be completed within a year in additional to two tunnels passing under the canal to connect the east and west banks. There are also plans for new container terminals and other marine-related infrastructure.

The Suez Canal earns Egypt about $5 billion a year. The new Canal s expected to boost annual revenues to $13.5 billion by 2023.

The armed forces would be in charge of the new project for security reasons.

For information about operations in the Suez Canal contact GAC Egypt at suezcanal@gac.com

GAC Bunker Fuels Ltd Pricing Alert
Market Update 06/08/14

	COUNTRY  	        180 CST	380 CST	MGO      	MDO	
	Aberdeen             	0	0	917.00      	0	
	Aden               	755.00	678.00	1, 100.00	0	
	Alexandria       	755.00	655.00	1, 175.00	0	
	Amsterdam           	601.00	571.00	855.00   	0	
	Antwerp             	596.00	566.00	850.00      	0	
	Aqaba                  	0	720.00	1, 045.00	0	
	Bahrain           	0	0	1, 020.00	0	
	Bergen            	665.00	638.00	930.00    	0	
	Busan             	637.00	615.00	920.00     	912.50	
	Cape Town          	643.00	0	955.00   	0	
	Colombo         	695.00	651.00	1, 025.00	0	
	Dubai           	640.00	630.00	850.00      	0	
	Durban          	613.00	0	1, 028.00	0	
	Fujairah        	615.00	606.00	975.00    	0	
	Gibraltar        	652.00	622.00	923.00       	0	
	Grangemouth            	0	0	965.00      	0	
	Hambantota        	657.00	642.00	1, 005.00	0	
	Hong Kong         	615.50	606.00	910.00      	0	
	Houston         	655.00	580.00	935.00       	0	
	Istanbul        	639.00	609.00	938.00      	0	
	Jeddah            	710.00	665.00	1, 080.00	0	
	Kaohsiung        	645.00	635.00	1, 005.00	990.00	
	Kuwait            	0	645.00	1, 260.00	0	
	Leith           	0	0	925.00   	0	
	Lerwick             	0	0	931.00      	0	
	Malta               	704.00	678.00	895.00         	0	
	Mersey               	0	0	930.00    	0	
	Mumbai             	628.00	620.00	1, 090.00	0	
	New York & New Jersey	645.00	590.00	955.00     	0	
	Panama               	680.00	590.00	990.00     	0	
	Piraeus           	669.00	642.00	910.00     	0	
	Port Louis           	695.00	0	1, 022.00	0	
	Port Said            	755.00	667.00	1, 085.00	0	
	Qatar               	0	0	925.00   	0	
	Richards Bay      	623.00	0	1, 033.00	0	
	Rio de Janeiro     	608.00	590.00	990.00    	0	
	Rotterdam         	600.00	569.00	863.00    	0	
	Salalah         	695.00	645.00	1, 110.00	0	
	Shanghai        	646.00	621.50	1, 045.00	0	
	Sharjah         	640.00	630.00	850.00  	0	
	Singapore         	615.00	605.00	893.00       	0	
	Sohar             	0	660.00	1, 035.00	0	
	St Petersburg       	520.00	500.00	800.00     	0	
	Stavanger        	0	0	948.00   	0	
	Suez             	720.00	665.00	1, 085.00	0	
	Sunderland          	0	0	932.00       	0	
	Thames           	0	0	998.00        	0	
	Walvis Bay      	730.00	0	1, 055.00	0	
	West Africa OFFSHORE 	0	672.00	1, 010.00	0

GAC is a global provider of integrated shipping, logistics and marine services dedicated to helping customers achieve their strategic goals at the highest levels of quality, safety and compliance.

“Jo”

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