• 2020 February 25 10:15

    Logistics specialist leases Newport Docks warehouse

    One of the largest privately owned logistics companies in the UK, Howard Tenens Logistics Limited, has completed a deal to take a new lease of a 145, 236 sq ft warehouse premises at ABP’s Port of Newport, ABP says in a press release.

    The unit, known as the Neptune Works, is part of a self-contained 9.53-acre site fronting onto the junction of Usk Way and the A48 Southern Distributor Road, positioned at the entrance to the Port of Newport.

    Cushman & Wakefield represented the landlord, Associated British Ports (ABP), whilst Howard Tenens represented themselves in the transaction.

    The property, located at the East Gate entrance to Newport Docks, was formerly the home of AIC Steel. In 2018, following the closure of the operation, it was acquired by ABP in what represented one of the largest property transactions in South Wales last year.

    Chris Yates, Associate in Cushman & Wakefield’s Logistics & Industrial team in Cardiff, says: "ABP identified Neptune Works as a strategic acquisition in 2018, as a means of helping to consolidate their estate ownership at the entrance to Newport Docks."

    "We were pleased to assist in agreeing a new lease with Howard Tenens, something that was greatly aided by ABP’s adoption of a collaborative approach with the tenant, agreeing (and part funding) a scope of refurbishment works that were undertaken to provide a suitably specified premises from which Howard Tenens can service their client contracts. Howard Tenens Logistics will be using the unit for a period of six years as part of the lease."

    Simon Emms, Managing Director – Property at Howard Tenens Ltd, comments: "Having refurbished this facility in a very short space of time, our Logistics business has been able to exceed their customers expectations and demands."

    "We appreciate ABP’s commercialism and swiftness in facilitating this transaction and look forward to working with them in the future"

    Haydn Dawson, ABP Estate Manager, South Wales: "We are delighted to have secured the business of Howard Tenens and we look forward to positive working relationship in the years to come."

    "To prepare the site, ABP made significant investments in upgrading the property alongside our customers and it is great to see that that our efforts have led to a positive outcome."

    Andrew Harston, ABP Regional, Wales & Short Sea Ports, Director: "In addition to our port activities, ABP is a significant commercial landlord and developer at our five ports in South Wales, which include Newport, Cardiff, Barry, Port Talbot & Swansea."

    "We are delighted to welcome Howard Tenens to Newport. This logistics use is complimentary to our activities at Newport and is an excellent fit with the Neptune Works site."

    ABP is the UK’s leading port operator, with a network of 21 ports across England, Scotland and Wales and its Port of Newport is the biggest general trading port in South Wales, handling predominantly timber, steel and animal feeds.

2020 April 8

11:30 IAPH Tokyo secretariat transited to remote work from home
11:05 SAFEEN acquires its largest service vessel to date
11:02 BC Ferries adjusted service levels due to Covid-19 pandemic
10:39 ABB increases remote support for ships to help customers during the COVID-19 outbreak
10:38 Port of Gdansk actively supports fight against coronavirus
10:16 Tallink Grupp’s vessels Megastar, Galaxy and Baltic Princess suspend passenger transport to Finland
09:53 MABUX: Bunker market this morning, Apr 08
09:40 Bunker prices start going up at the port of Saint-Petersburg, Russia
09:19 Baltic Dry Index is down to 596 points
08:47 Golden Ocean announces appointment of Ulrik Uhrenfeldt Andersen as CEO

2020 April 7

18:38 RF Government makes big decision to quit transshipment of NOVATEK’s LNG in Norway
17:27 BashVolgotanker opens navigation with first tanker leaving Samara for Kavkaz
17:03 IADC moves its seminar and course to 2nd half of 2020
16:49 RF Navy’s oceanographic research vessel "Admiral Vladimirsky" arrived in the Durville Sea
16:05 ECSA and ETF launch joint project WESS
15:51 Bunker prices are flat at the Far East ports of Russia (graph)
15:43 Port of Rotterdam adds Boxinsider to Portbase
15:28 Dredging works at LNG terminal in Klaipeda Seaport completed ahead of schedule
15:04 VTT to assess bio- and waste-based oils suitable for power plants and ships
14:43 Nordic Investment Bank is sponsoring expansion of Klaipeda Seaport
14:20 AET and TOTAL agree time charter for two LNG dual-fuel VLCCs
13:52 Rosmorport changed tariffs on crew boats services rendered in seaports of Eysk and Temryuk
13:29 Krasnoye Sormovo shipyard introduced short-time operation till 30 April 2020
12:54 Rosmorport announces tender to reconstruct coastal facilities of Vanino-Kholmsk ferry service
12:26 Rosmorport announces tender to build and reconstruct port infrastructure in Nikolskoye settlement
11:47 Hydrographic vessel of RF Navy’s Pacific Fleet continues its long-distance cruise to Antarctica
11:09 Hurtigruten temporarily suspends operations
10:25 Brent Crude futures price is up 3% to $34.04, Light Sweet Crude – up 3.53% to $27
10:08 Stena Line to furlough 600 employees and make 150 redundant in UK and the Republic of Ireland due to COVID-19
09:53 Extraordinary security measures undertaken by PORT FLEET operating in Big Port St. Petersburg
09:34 Nuclear-powered container carrier Sevmorput unloaded cargo for Arctic LNG 2 project
09:16 Baltic Dry Index is down to 604 points
09:02 Austria's overseas traffic via Hamburg remains stable
08:46 MABUX: Bunker market this morning, Apr 07
08:19 LR chosen for LNG Canada export terminal project in Kitimat

2020 April 6

18:37 Okeanis Eco Tankers announces three year VLCC time charter
18:06 Bureau Veritas helps to manage risk thanks to digitalized inspection services
17:45 Turnover of DeloPorts terminals in January-March of 2020 reached 2.6 mln tonnes, up 44% YoY
17:39 The production of Tallink’s new car and passenger ferry MyStar has started at Rauma shipyard
17:12 Maersk Container Industry signs first Star Cool milestone contract with Evergreen
17:06 Lloyd’s Register completes six-day, three-person audit for marine and offshore component and equipment business Whittaker Engineering
16:30 8,800 cbm of material dredged in Korsakov seaport
16:08 MABUX Digest: Top events on global bunker market: Week 14
16:06 CMA CGM cancels PSS for cargo from East Africa to Asia
15:59 The Korean Register releases the latest updated version of KR-CON
14:50 DNV GL’s new MMC unlocks unprecedented machinery efficiencies and insights
13:57 Technical fleet of Moscow Canal to begin navigation season on April 24
13:33 Construction of Tallink Grupp’s newest eco-friendly LNG-powered shuttle ferry to begin at RMC shipyard in Rauma
12:46 World Ports Covid19 Information Portal established
12:22 IMO issues guidance for delays in newbuild vessel deliveries due to COVID-19
12:00 Nanjing Jinling Shipyard launches the second of G5GG ro-ro vessels for Grimaldi Group
11:18 Average wholesale prices for М-100 HFO fell to RUB 6,299 in RF spot market
11:00 Port of Singapore remains open amidst additional precautionary measures
10:21 Brent Crude futures price is down 1.61% to $33.56, Light Sweet Crude – down 3.18% to $27.43
10:09 NovaAlgoma Short Sea Carriers takes delivery of new mini-bulker
09:50 CIMC Raffles cuts first steel for largest Ice Class ro-ro
09:34 MABUX: Bunker market this morning, Apr 06
09:32 RF Government approves draft Energy Strategy until 2035
09:15 Baltic Dry Index is down to 616 points

2020 April 5

17:08 USCG oversees disembarkation of 250,000 from cruise ships