• 2008 January 29 07:35

    Kingston is number one Caribbean box port

    Containerization International 2006 has ranked Jamaica's Kingston Container Terminal (KCT) as the number one facility among the Caribbean's top 23 container terminals.
    These rankings have been based on total container throughput in TEUs per year.
    Reports have pointed out how the region's top three container ports are being managed by global operators instead of Caribbean-based ports or companies.
    One report said that this is “reflective of the infiltration of globalization.”
    A shipping superintendent Portworld spoke to however praised the benefits of privatization and said that having major players would mean “more funding, more calls, more connectivity and ultimately more efficiency.”
    KCT is run by Maersk's APM Terminals BV. while the second best Caribbean container facility, Freeport Container Port in the Bahamas, is being run by Hutchison Port Holdings (HPH).
    Third-ranked Port of Spain in Trinidad is being managed by the UK's Portia Management Services Ltd. and sixth-placed Caucedo Container Port in the Dominican Republic is run by DP World.
    A report from the Drewry Shipping Consultants had calculated that only four companies handle some 30% of total worldwide container traffic.
    These four companies are PSA, APM Terminals, HPH and DP World.
    Calculated in reference to equity per TEU, given PSA's acquisition of 20% of Hutchison, PSA topped the league with 41.2 million TEUs (old figures, PSA handled 58.85 million TEUs in 2007) or 9.3% of the global total.
    In second place was APM Terminals with 32.4 million TEUs or 7.4%, followed by Hutchison with 30.8 million TEUs or 7%.
    DP World was in fourth place with a 5.9% share.
    Statistics show the four biggest operators are pulling away from their smaller rivals, with facilities owned by fifth-placed Evergreen only handling 8.1 million TEUs, representing a market share of 1.8%.
    According to the Drewry report, however, local terminal operators are often just as efficient as their global rivals.
    It said that however performance was measured – throughput per quay metre, TEU per ship-to-shore gantry or TEU per hectare - global operators were “no better or worse than local operators.”
    “The research shows that it is frequently the case that a well-run local terminal operator can perform at the same level as a global operator located in the same region,” said Neil Davidson, director of research for ports at Drewry.


2016 July 26

09:14 Baltic Dry Index down to 709 points

2016 July 25

18:43 IMB: Sea piracy drops to 21-year low
18:07 BMT Asia Pacific announces new Director to lead regional development in Asia
17:52 Reduction of FPP size is a key task of their optimization, says Rosatom
17:31 Essar Bulk Terminal Hazira capacity set to expand by 67% to 50 MTPA
17:15 ICS Annual Conference sets the Shipping Agenda
17:00 Dredging work at the Port of Teignmouth increases depth of shipping channel for larger ships
16:47 MSC joins CMA CGM in backing TRAXENS
16:45 CMA CGM re-opens regular service from Barcelona (Spain) to Djen Djen (Algeria) on EURONAF service
16:00 Dredging work at the Port of Teignmouth increases depth of shipping channel for larger ships
15:34 Marine Recruiting Agency increased the number of graduates
15:08 General Director of Rosmorport held meeting in Kaliningrad
14:40 Average wholesale prices for М-100 HFO down to RUB 7,818 in RF spot market
14:12 Port of Brisbane improves Brisbane River and Bay health with ‘Queensland first’ offsite stormwater treatment pilot project
13:57 Designing of 110 MW Leader-class icebreaker will take 1.5 years, says USC President Alexei Rakhmanov
13:12 Viking Supply Ships AS receives termination of contract for the AHTS “Njord Viking”
12:55 Vympel Shipyard launches yet another Grachonok-class boat of Project 21980 (photo)
12:38 Team Britannia signs major partnership deal with GAC
12:11 Hyundai Heavy Industries wins logistics support vessel order for New Zealand's Maritime Sustainment Capability PJT
11:57 Second serial icebreaker of project 22220, the Ural, laid down at Baltiysky Zavod (photo)
11:12 CMA CGM Group announces brand restructuring of Asia/Europe, Asia/Med and Europe/India services
11:09 Compliance with environmental standards comes first for VNT
10:40 Passenger Port of Saint Petersburg welcomed 14 cruise ships last week
10:11 Brent Crude futures price down 0.28% to $45.96, Light Sweet Crude – down 0.23% to $44.09
10:07 Gondan Shipyard launches its first live fish carrier
09:34 Moskva Guard missile cruiser awarded with the Order of Nakhimov
09:12 Baltic Dry Index down to 718 points

2016 July 24

12:27 OOCL issues unaudited quarterly operational update for Q2 2016
12:24 Ocean Yield ASA takes delivery of chemical tanker from STX

2016 July 23

13:56 Great Lakes awarded four dredging contracts worth $93M
12:38 Governor announces $350 mln investment at the Port of Virginia
12:35 Van Oord completes Burbo Bank Extension offshore wind project for Dong Energy
10:19 Boskalis secures contract for Aberdeen offshore wind farm project

2016 July 22

18:15 Coal exports via Rosterminalugol terminal hit 9 mln t milestone in 2016
17:57 Passenger traffic of Ukraine’s water transport down 35% to 1,000 people in HI’2016
17:34 Vard reports high order intake from non-offshore markets
17:22 Japan's first LNG-fueled ship receives Technology Special Award at the 2015 Ship of the Year Awards
16:53 Scientific reasearch vessel delivered to Stockholm University
16:25 Safe Bulkers agrees with the Royal Bank of Scotland to amend a term loan facility
16:14 European Shipowners endorse the global commitment of the European Strategy for Low-Emission Mobility
16:09 Russian Defence Minister General of the Army Sergei Shoigu arrived in Crimea
15:50 Most facilities of Pella shipyard are completed (photo)
15:24 BMT launches new operating company
15:18 OSG announces leadership transition
14:55 Cargo transportation by Ukraine’s water transport up 2.3% to 2.5 mln t in HI’2016
14:32 DCT Gdansk’s state-of-the-art STS cranes already on rails
14:02 MOL Liner announces June 2016 KPI results for Asia Region
13:50 Rosneft starts geochemical survey in the Barents Sea
13:41 Technip awarded MSA for SCT&E LNG’s Monkey Island project in Louisiana, USA
13:32 Maersk Line reroutes Asia - US East Coast service through the Panama Canal
13:16 Government’s stake of Omsk River Port OJSC purchased by its Director General
13:02 Maersk Line launches enhanced Asia – U.S. East Coast Network
12:22 MOL signs deal on long-term charter contract for Uruguay LNG FSRU project
12:20 Hong Kong Marine Department upgrades Vessel Traffic Services system
12:15 G6 Alliance announces Asia-North America West Coast service update
11:49 Container Terminal Saint-Petersburg invested RUB 313.5 mln in development program
11:26 LUKOIL BoD appoints Managemet Committee
10:54 TransContainer’s net income up 92.4%, y-o-y, to RUB 1.331 mln in HI’2016
10:20 The first exclusive yacht, manufactured by “Latitude Yachts”, leaves the port of Riga
09:48 Brent Crude futures price down 0.11% to $46.15, Light Sweet Crude – down 0.49% to $44.53