• 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.


2015 March 26

21:06 Bunker prices to continue on mixed trend next week
18:42 Hapag-Lloyd announces improved port call frequency for Port of Helsingborg
18:40 New built-for-stock Damen pontoons and workboats reach Rotterdam
18:08 North-Western Customs Administration considers inclusion of Big Port St. Petersburg into “Marine Portal” project
17:34 Long Beach, Los Angeles collaborate to improve cargo flow
17:04 Wärtsilä inaugurates new manufacturing plant in Porto do Açu, Brazil
16:43 ANO United Transport Directorate to open vehicle accumulation facilities at port Kavkaz and in Slavyansk-on-Kuban by holiday season
16:40 Konecranes introduces the next generation Agilon material handling solution
16:04 Swire Pacific Offshore celebrates the naming of two new vessels
15:53 Director General of Sredne-Nevsky Shipyard chairs the Council of composite cluster in St. Petersburg
15:41 MOL to withdraw an additional sailing on the Asia- Europe corridor
15:19 Bunker prices at Far East ports go down in late 13th week (graph)
15:04 Damen Shipyards Group becomes the latest member of the World Ocean Council
14:30 SMM delivers three portal cranes to Murmansk Commercial Seaport
14:28 Sino-Global signs Letter of Intent on vessel acquisition and terminates current securities offering
14:13 Finnish Seamen Union to enter into strike on Thursday 2nd of April
14:07 MOL's сoal сarrier to serve for Tokyo Electric Power
13:55 Yang Ming launches new container vessel “YM Excellence”
13:40 RS takes part in 5-th International Offshore Engineering Technology & Equipment Exhibition China Maritime
13:07 V International Forum «Transport security» gathers over 500 participants
12:22 Throughput of Klaipeda Seaport up 10.4% to 6.04 mln t in Jan-Feb’15
11:38 Marine Façade awarded “Best stevedoring company of 2014” in passenger operations category
11:05 Hapag-Lloyd announces last roundtrip voyage of CSAV Gulf Bridge Express Service
10:51 Hyundai Merchant Marine, Hanjin Shipping and Yang Ming Marine to launch a new FE - Latin America service
10:29 Volga Shipping Company opens cargo navigation on Niznaya Volga
09:50 Oil price up to $56.48 in London and up to $49.21 in New York
09:33 Baltic Dry Index up to 598 points
09:17 Sovcomflot posts net profit of USD 83.9 mln in 2014 vs. loss of USD 39.2 mln in 2013
09:05 German cruise ship Hamburg opens cruise season of Sochi (photo)

2015 March 25

19:06 Giant lock gates built by ZPMC for the port of Antwerp (photo)
18:22 London to host 10th Annual Conference FLNG 2015, June 8-11
17:18 Secretary-General promotes Maritime Ambassador scheme in Guatemala
17:15 Bibby Offshore secures a contract with the Moattama Gas Transportation Company
16:40 State commission accepts patrol boat of project 03160 built by Pella Shipyard for Baltic Fleet
16:03 Wärtsilä selected to Ethibel Sustainability Index Excellence Europe
15:31 RF Transport Ministry opposes exclusion of small-size vessels from Transport Security Law
15:03 The CMA CGM VOLGA enters the CMA CGM fleet
14:45 Construction costs at Russian shipyards are well above customers’ demand price, Ministry of economy says
14:30 Royal Caribbean expands deployment and investment in China vacation market
14:03 ABS updates guidance on LNG as fuel & LNG bunkering in North America
13:40 RF shipbuilding recovery tasks set up by Vladimir Putin fulfilled by less than 50%, Dmitry Rogozin says
13:36 Icebreaker Murmansk for the Russian Ministry of Transport launched today at Arctech Helsinki Shipyard (photo)
12:52 Hyundai Heavy Industries integrates overlap of functions
12:28 Oleg Kozhemyako appointed as Acting Governor of Sakhalin Region, Aleksandr Kozlov – Amur Region Governor
11:32 Bunker prices at port St. Petersburg go down in 13th week (graph)
10:43 Drydocks World efficiently services Overseas Laura Lynn one of the largest ULCC’s of the world
10:29 Largest shipment of stone in Ipswich
09:34 Baltic Dry Index up to 597 points
09:17 Oil price down to $55.11 in London and up to $47.51 in New York

2015 March 24

18:23 Carisbrooke takes new fuel regulations in its stride
18:20 Marine safety seals manufacturer Roxtec new deal with world’s biggest tidal turbine
18:17 Oil shipments of Transneft – Port Kozmino LLC total 100 mln t since ESPO was launched
17:45 Transneft Baltics builds new stations as part of Sever project extension
17:18 Port of Kozmino purchases up-to-date fire-fighting foam tower
16:23 Statoil appoints chief operating officer
16:06 Bunker prices at Far East ports go down in early 13th week (graph)
15:20 Commission for certification of sea pilots set up at Big Port St. Petersburg
15:02 OOCL announces changes on its Asia-Europe service
14:50 Commission for testing of sea pilots and masters set up at Big Port St. Petersburg
14:31 RUB 5.5 billion to be invested into development of port Feodosia (Crimea) within 3 years