• 2019 June 12 15:27

    ICTSI Croatia invests in expansion of its terminal in Croatia

    Adriatic Gate Container Terminal (AGCT), the Croatian subsidiary of International Container Terminal Services Inc. (ICTSI) at the Port of Rijeka, is set to realize a comprehensive expansion plan in the period up to mid-2020.

    In close cooperation with the Rijeka Port Authority, AGCT has drawn up plans for a two-phase dredging scheme with the first phase fully-approved, entailing the dredging of 130 meters of quay over its Berths 1 and 2.  This will facilitate the berthing of vessels with a length overall (LOA) of up to 400 meters. The work will be completed by mid-2020, and will provide 438 meters of berth with a depth alongside of 15 meters.

    Financing for the infrastructure works has been provided by the EU and PRA, with ICTSI undertaking all the associated necessary investment in quayside and landside handling systems, as well as the increased coverage of the terminal’s state-of-the-art IT systems.

    The second phase foresees additional dredging alongside the 438m of quay to a depth of 16.5 meters. Once completed, this project will make AGCT the first terminal in the northern Adriatic able to berth vessels of up to 20,000 twenty-foot equivalent units (TEU) capacity, with an LOA of up to 400 meters and beam of 59 meters.

    “We have decided to do this against a background of steady demand but, more importantly, to keep pace with the requirements of our clients in terms of both ship size and a rise in intermodal rail activity,” explains Wojciech Szymulewicz, AGCT chief executive officer.

    He adds: “The capacity expansion will also deliver an overall boost to efficiency levels at the terminal, building upon the strengths we have already established in terms of vessel and truck turnaround as well as intermodal rail connectivity.”

    Complementing these initiatives are new Super Post Panamax cranes with an outreach of at least 24 rows, as part of the berth upgrade; and new rubber tyred gantries (RTGs) and prime movers introduced on the landside.

    Work is also now advanced on upgrading AGCT’s on-dock rail terminal to offer an annual capacity of 360,000 TEUs per year. The upgraded rail yard will feature two new rail mounted gantries (RMGs) over four rail lines. The upgrade will be completed in the last quarter of 2019.

    Total terminal yard capacity will be increased up to 600,000 TEUs per year in line with demand.

    AGCT is configured to optimize road and rail connectivity. For trucks, the terminal offers a direct connection to the highway and a competitive average truck dwell time of just 13 minutes in the export cycle and 19 minutes in the import cycle. Approximately 40 percent of the terminal’s annual throughput now moves via rail, and this is expected to increase up to a level of 60 percent.

    Regular services operated by rail directly from AGCT include cross border services to Hungary, Serbia and Bosnia and Herzegovina, and within Croatia to the capital city of Zagreb. With spare capacity in the rail system and a fully liberalized rail market in operation, providing access to private rail operators, AGCT is very confident that working with its shipping line clients and common user operators will continue to extend its market reach and grow the terminal’s rail market share.

    “The Port of Rijeka and AGCT are a very competitive option in the Adriatic,” notes Hans-Ole Madsen, ICTSI Senior Vice President and Regional Head of Europe-Middle East-Africa.

    He adds: “While the volume through AGCT has risen modestly year on year, the expansion program will future proof the terminal in terms of both providing new volume capacity for the longer term and meeting new system requirements, notably accommodating bigger vessels and boosting the intermodal rail capability. The program has involved close client liaison and study of all relevant market factors, and we are confident AGCT will meet the needs of container lines calling Rijeka and of cargo owners for the foreseeable future.”

    About Adriatic Gate Container Terminal (AGCT)
    In March 2011, ICTSI forged a 30-year strategic partnership with Luka Rijeka D.D. for the operation, management, and development of Adriatic Gate Container Terminal (AGCT) at the Port of Rijeka, Croatia’s main seaport. (www.ictsi.hr)

    About International Container Terminal Services Inc. (ICTSI)
    Headquartered and established in 1988 in Manila, Philippines, International Container Terminal Services, Inc. (ICTSI) is in the business of port development, management and operations.  As an independent business with no shipping, logistics or consignee-related interests, ICTSI works and transacts transparently with any stakeholder in the port community. ICTSI’s portfolio of terminals and projects spans developed and emerging market economies in the Asia Pacific, the Americas, and Europe, the Middle East and Africa. ICTSI has received global acclaim for its public-private partnerships with governments divesting of their port assets to the private sector.




2019 June 25

09:46 MABUX: Bunker market this morning, June 25
09:16 Baltic Dry Index is up to 1,258 points

2019 June 24

18:05 Training Montenegro to combat oil spills
17:50 Four cruise ships visit the Port of Riga at the same time
17:27 Finnish Government proposes supplementary appropriation of EUR 40 million for basic infrastructure management
17:05 Austal delivers third guardian class patrol boat to the Australian Department of Defence
16:47 Incat Crowther announces contract to design a 65m catamaran passenger ferry
16:46 Construction and operation of dual-fuel ships has low economic efficiency – USC President
16:45 Maersk Drilling completes sale of jack-up Mærsk Giant
16:24 USC set to build floating electricity-generating facilities running on LNG supplied by bunkering ships
16:03 Van Oord and Mammoet enter into cooperation with scale-up Verton
15:45 United Shipbuilding Corporation to launch the first LNG-powered ferry for Ust-Luga – Baltijsk line in late July
15:30 United Shipbuilding Corporation establishes USC-Propulsion and USC-Interior subdivisions
15:03 MOL signs deal on a long-term charter contract to utilize "MOL FSRU Challenger" for Hong Kong Offshore LNG Terminal Project
14:42 New USC Vice-President, Civil Shipbuilding, to get into office on 10 July 2019
14:21 USC expects its Astrakhan cluster to build 12 river-sea class ships per year
14:03 Yang Ming announces new China-Thailand direct service
13:37 Port of Rotterdam Authority to collaborate with four new companies
13:25 Igor Vasilyev appointed as Acting General Director of FTI Rostransmodernizatsiya
13:02 ARIES gained ABS Certification: Middle East 1 st Remote Inspection Techniques specialist
12:20 BC Ferries releases year-end results
12:10 Keel laid for the first of Damen’s revolutionary new FCS 7011 Crew Change
11:56 Average wholesale prices for М-100 HFO down to RUB 15,377 in RF spot market
11:29 FESCO to launch new container train to China via Far East overland route
10:58 Southern Center of Shipbuilding and Ship Repair acquired property of Krasniye Barrikady plant
10:35 Satti floating drilling unit owned by Kazmortransflot delivered to Azerbaijan
10:13 Throughput of Chinese ports grew by 4.1% to 5.5 billion tonnes in Jan-May’2019
09:53 MABUX: Bunker Market this morning June, 24
09:52 Brent Crude futures price is up 0.4% to $64.71, Light Sweet Crude – up 0.68% to $57.82
09:34 Container throughput of port Hong Kong (China) down 7.7% to 7.55 million TEUs in Jan-May’2019
09:17 Baltic Dry Index is up to 1,239 points

2019 June 23

16:29 INPEX submits revised plan of development for Abadi LNG Project
15:13 Oceanwide Expeditions: Hondius sister ship m/v Janssonius ordered for 2021
14:19 CMA CGM announces FAK rates on Asia - Pakistan, India and Sri Lanka service
13:46 Coast Guard rescues five from capsized boat in Chesapeake Bay
12:43 Danske Commodities signs 20-year PPA with Hywind Scotland wind farm
10:29 TMC sets up office to support Chinese yards

2019 June 22

15:24 AAPA selects Christopher Connor as its new CEO
12:37 TMC contracted by VARD to supply marine compressors for Viking Cruises' vessels
11:23 ABS to class first ‘tri-fueled’ vessel for Harvey Gulf
10:13 Port of Oakland steps up as ships carry bigger loads than ever
10:05 Coast Guard responds to barge aground in Naknek, Alaska

2019 June 21

18:07 Austal gets Navy's modification to littoral combat ship contract
18:04 MODEC awarded Letter of Intent by Petrobras related to Búzios 5 FPSO
17:58 Frontline announces acquisition of VLCC resale and two LR2 newbuildings
17:56 BC Ferries adds extra sailings for the summer
17:55 Maritime Anti-Corruption Network to develop Global Port Integrity Index and Scale Up Collective Action in West Africa
17:37 Siemens Gamesa receives first offshore wind preferred supplier nomination in Japan: up to 455 MW for Obayashi Corporation
17:12 Krasnoye Sormovo launches final RSD59 ship in a series four units ordered by STLC
16:38 Ships of RF Navy’s Pacific Fleet involved in exercises in the Sea of Japan
16:26 Government of Canada enters into negotiations with Chantier Davie for construction of two ferries
16:14 Standic expands with state-of-the-art chemical storage terminal in Port of Antwerp
15:50 Klaipedos Nafta announced call for Chief Executive Officer
14:27 Safety management training takes centre stage
14:26 USCG says Polar Security Cutter to be homeported at Seattle
14:03 Maersk to offer customers carbon-neutral transport
13:35 LUKOIL’s dividends payable for 2018 will be RUB 250 per ordinary share
13:15 Anthony Veder expands fleet with taking in five gas carriers from GATX
13:12 HELCOM’s Executive Secretary to step down in August 2019
12:48 Novotrans acquired stevedoring company operating Ro-Ro ferry facility at the port of Ust-Luga