• 2017 November 22 14:36

    APM Terminals opens a new era for Puerto Quetzal

    APM Terminals Quetzal is transforming Guatemala’s port sector by offering the highest productivity port operations in the country, the company said in its press release. In less than a year of operations, four new vessel strings have been added to offer the country’s import/export industries more connections to overseas markets. Guatemala City is now served faster by a Pacific port that is only 98 kilometers away compared to Atlantic coast ports which are five hours away. Equally important, Guatemala’s truckers for the first time in years can now make multiple trips every day into and out of the port thanks to APM Terminals Quetzal’s highly efficient, fast trucker turntime procedures which average 30 minutes.
     
    Speaking to government leaders, diplomats, customers and guests at the port inauguration ceremony, APM Terminals Chief Commercial Officer, Henrik Lundgaard Pedersen welcomed the audience and stated, “Every country wants access to a competitive port – and we are proud to design our new container terminal around the country’s growth needs and Guatemalan businesses. APM Terminals Quetzal will play a strategic role in Guatemala’s economic future and competitiveness in world markets. The container terminal you see here is a Guatemalan success story - run by Guatemalans with 170 new jobs created here and hundreds of indirect jobs for the future.”
     
    Trade accounts for 25.9% of Guatemala’s economy and most of Guatemala’s economic development is concentrated along the Pacific coast. As the country’s newest Pacific gateway port, APM Terminals Quetzal is ensuring exports of sugar, fruits and vegetables, coffee, grains, fertilizer, fish, cotton, textiles and tobacco which represent half of Guatemala’s exports are successfully handled to the highest quality standards.
     
    With 16.5 million people, Guatemala has the largest population in Central America. The IMF has projected an annual economic growth rate of 3.2% for 2017 and 3.5% in 2018. Guatemalan ports handled a combined 1.57 million TEUs in 2016, surpassing Costa Rica with 1.34 million TEUs for second place in Central America, after Panama, with its Canalassociated transshipment ports at Colon and Balboa, which handled 6.25 million TEUs in 2016, among the Central American nations.

    APM Terminals Quetzal has a capacity of 340,000 TEUs and is a 85%/15% joint venture between APM Terminals and The IFC - World Bank. APM Terminals has invested USD 180 million in the terminal and has plans for an additional USD 145 million to be invested over a 19 year period. As part of the company’s community outreach efforts, APM Terminals Quetzal has plans to cooperate with the Municipality of San José on community projects, representing an investment of USD 500,000 a year in projects that will be evaluated jointly.




2018 July 17

18:24 North P&I Club and 24Vision ink partnership agreement
18:07 Lockheed Martin awarded Navy's contract worth more than $450 million in FMS funding for MMSC project
17:55 TransContainer announced its operating results for the second quarter and the first half of 2018
17:27 Equinor buys shares for use in the group's Share saving plan
17:11 Vigor Marine LLC gets Navy's contract for USNS Mercy mid-term availability
16:56 Okskaya Sudoverf puts into operation Belmax 4, fourth non-self-propelled barge of Project ROB20
16:34 Prosafe awarded important contract in Brazil
15:47 Orsted opts for Tekmar's CPS for Borssele 1 and 2 offshore wind farm projects
15:28 Port of Rotterdam places a bee colony in the port area
14:44 Baltic Ports Conference 2018 will focus on financing, economy and energy supply
14:23 Jan De Nul launches ultra-low emission vessel Diogo Cão in China
13:41 Severnaya Verf will lay down a longline factory vessel Gandvik-1 on July 20
13:16 Tidewater and GulfMark to combine to create global offshore leader
12:48 Containership MOL Truth earned 'Ship of the Year 2017'
12:19 15,000 TEU container ship “Afif” named in London Gateway
11:27 Huntington Ingalls begins post-delivery work on USS Gerald R. Ford (CVN 78)
11:17 Boskalis secures contract of total value of $65 million
10:53 Fuel oil prices are flat at the Far East ports of Russia (graph)
10:29 ABS to class FSRU for Turkey’s oil and gas distributor
10:00 Brent Crude futures price up 0.28% to $72.04, Light Sweet Crude – down 0.01% to $67.06
09:14 Baltic Dry Index up to 1,695 points

2018 July 16

18:31 APL adds port calls to West Asia Express Service
18:16 Diana Shipping announces signing and drawdown of a US$75M Term Loan Facility with BNP Paribas
17:55 Director Kopczynska addresses WMU students and faculty on maritime Europe
17:40 Great Lakes announces receipt of $70 million San Jacinto award
17:33 Bollinger Shipyards commits USCG icebreaker program to Florida
17:31 New vehicle terminal announced at the Port of Southampton
17:18 Hapag-Lloyd hikes rates for East Asia-Arabian Gulf trade
17:08 ING Bank signed a USD 80 million syndicated loan agreement with NIBULON
16:43 Minimum training standards for fishers under review
16:25 USCG rescues 7 people from capsized boat near Horn Island
16:20 Port of Antwerp sets new records with best half year ever
15:56 Freeport of Riga showed good growth in the first half of 2018
15:32 Maersk Drilling secures two contract extensions in the North Sea
15:19 Container throughput of port Hong Kong (China) down 3.6% to 9.88 million TEUs in Jan-June’18
15:03 Van Oord will acquire MPI Offshore
14:44 Average wholesale prices for М-100 HFO down to RUB 17,589 in RF spot market
14:35 Wärtsilä to assist Transocean with thruster maintenance optimisation and dry-docking cost reductions
14:25 Jan De Nul Group acquires part of MPI’s offshore business unit
14:11 Fednav accepts delivery of MV Federal Dee, its 60th owned vessel
13:46 Eastern Shipbuilding inks contract with Bisso Offshore for RApport 2400 Ship Handling Tug duo
13:27 Azerbaijan Caspian Shipping Company’s fleet is involved in a new international project
13:07 Court dismisses EUR 9 million claim against Armada Seismic Invest II AS
13:06 Hong Kong will host ShipTek Ship Owning & Ship Management Conference & Awards on 30 August 2018
12:48 Marine Recruiting Agency takes on a project of training crane specialists in Estonia
12:23 SEACOR Holdings announced that it favors a business combination of Dorian LPG LTD. and BW LPG Limited
12:02 IMO head highlights key maritime issues during trip to China
11:25 Fincantieri contracted to build LNG-fueled pair for TUI Cruises
11:01 Baltic Dry Index up to 1,666 points
10:44 Brent Crude futures price down 0.5% to $74.96, Light Sweet Crude – down 0.64% to $69.5
10:25 Mexico benefits from IMO training on port security
10:02 IMO held port emissions training for Argentina
09:52 CMA CGM's FAK rates for Asia to Red Sea trades
09:40 Bunker sales at the port of Singapore in HI’18 up 1.7% Y-o-Y to 25.35 million tonnes
09:18 Port of Singapore throughput in HI’18 grew by 0.8% Y-o-Y to 312.79 million tonnes

2018 July 15

11:24 MAN Energy Solutions ready for SMM 2018
10:43 CMA CGM informs of FAK rates from the Indian Subcontinent to North Europe and the Mediterranean

2018 July 14

12:40 CMA CGM announces GRR for Far East to East Africa trade
11:41 ABP: Container terminal operation expansion to meet growing demand
10:14 Navtek selects Corvus Energy to provide battery for the world's first all-electric tug