• 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.

2014 October 20

13:22 Average wholesale prices for М-100 HFO down to RUB 11,550 in RF spot market
13:09 Vallianz signes new charter contracts worth US$64 mln
12:58 Head of Primorsk Territory asks RF Government to ban bunkering on the open sea
12:20 Klaipėda Seaport – great transit corridor between two continents, Prime Minister of Lithuania says
12:09 Samsung Heavy Industries receives the highest level of safety management evaluation from the UK’s marine insurers
11:09 KOTUG’s new hybrid Rotortug RT Evolution arrives in Rotterdam
10:09 AIDA Cruises christens world’s first LNG Hybrid Barge in Hamburg
09:56 Oil price up to $86.16 in London and up to $82.75 in New York
09:44 Baltic Dry Index up to 944 points
09:35 Boskalis consortium acquires Suez Canal expansion contract
09:30 Throughput of port Singapore up 5.1% to 435.89 mln t in Jan-Sep’14
09:17 Throughput of Chinese ports up 4.5% to 8.31 bln t in Jan-Sep’14
09:04 'Interactive Pier' wins international competition for waterfront park masterplan of the Busan North Port
08:20 Sembcorp Marine’s subsidiaries secure two contracts totalling S$222 mln

2014 October 19

10:51 MOL launches ship management/crew training businesses in partnership with Synergy Group
10:50 MOL recognized by CDP as leader for Climate Change Transparency and as World Leader for Corporate Action on Climate Change
10:45 Port of Long Beach adds ‘free time’ for cargo to ease congestion
10:41 Van Oord’s vessel installs the last pile for the new Eneco Luchterduinen wind farm
10:33 China Customs enforces the 24-hour Advance Manifest rule

2014 October 18

10:53 Port of Singapore led a multi-agency joint oil spill exercise
10:47 Port of Helsinki and Metsä Fibre Oy to prepare pulp exports of Äänekoski bioproduct mill through Vuosaari Harbour
10:46 Skangass opens the new LNG Terminal in Lysekil, Sweden
10:28 CMA CGM implements an Import Terminal Handling Charge in Mogadishu, Somalia
10:27 2014 Kiel cruise shipping season ends
10:15 Singapore's MPA discuss with European Port Authorities on harmonising LNG bunkering standards and procedures
10:13 Wan Hai Lines , Coscon SEA, China Shipping and PIL to launch Far East to Pakistan – Mundra Express Service
10:11 Stena Line launches new route from Ports of Stockholm

2014 October 17

20:42 Bunker prices to stay flat, may move downward, expert says
18:01 Russian Railways announces 6M' 2014 results according to IFRS
17:25 Welcome to register for II International Forum of Dredging Companies opening in Moscow on February 19’ 2015
16:57 The LNG in Baltic Sea Ports event to be held in Stockholm from 2nd till 4th of December 2014
16:21 Arsenio Dominguez re-elected as IMO MEPC Chairman for 2015
16:09 Mayotte Channel Gateway (Mozambique) selects Navis N4 to improve terminal operations
15:58 Shipyard Pella (Leningrad region) lays down ice-class rescue tug for RF Defence Ministry
15:30 Representatives of Rosmorport's North-Western Basin Branch visit Tallinn Seaport
15:08 Euronav posts Q3 results
14:41 Throughput of Rosterminalugol hits 12 mln t of cargo from year beginning
14:20 Gazprom Neft to invest over RUB 170 bln into Novoportovskoye field within 3 years
14:08 Bureau Veritas becomes the first product test lab in Sri Lanka to achieve LEED Platinum Certification
13:15 Construction permit for South Stream’s top-priority section in Serbia may be obtained soon
13:03 COSCO posts update on Sevan drilling unit
12:08 South Carolina Ports Authority container volume up 13 percent in Q1 of the 2015 fiscal year
11:57 Lithuania invites Azerbaijan to exploit opportunities for transit of goods to West
11:16 Bunker prices at port St. Petersburg continue falling down in late 42nd week (graph)
11:08 Crowley christens new ocean class, DP2 tugboat Ocean Sun
10:40 Throughput of Universal Reloading Complex (Ust-Luga) up 13% to 2.9 mln t in Jan-Sep’14
10:30 Dayang Shipbuilding delivers its 200th ship
10:08 CMA CGM announces GRR from all Asian ports to all East and West Mediterranean, Adriatic, Black Sea and North African ports
09:53 Bunker prices at Far East ports down in late 42nd week (graph)
09:40 Zamakona Yards announces baptism ceremony for the RONJA POLARIS vessel
09:29 Baltic Dry Index down to 930 points
09:13 Oil price up to $84.47 in London and down to $82.7 in New York
09:08 Port of Los Angeles September container volumes increase 9%
08:22 China State Shipbuilding Corporation secured shipbuilding orders of 2.1 mln DWT

2014 October 16

18:06 “K” Line continues to be included in FTSE4Good Global Index
18:03 RF Gvt introduces amendments into federal programme “Development of Marine Civil Facilities in 2009–2016” (document)
17:36 Siwertell commences a five-year service contract for two coal unloaders with Masinloc, Philippines
17:18 CIMC Raffles semisubmersible drilling rig was awarded “Rig of the Month”
17:17 M/V Roger refused access to the Paris MoU region
17:09 Mojo signs partnership agreement with James Fisher Marine Services for the MeyGen tidal array project