• 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 January 31

19:02 AMSA bans vessel from Australian ports for 12 months
19:00 Dublin Port Company opens new Alexandra Quay Container Terminal
12:11 Maersk McKinney Moller sets world record
09:19 European Shipping Week welcomes more keynote speakers and panellists
08:18 Fjord1 orders two ferries of Multi Maritime design

2015 January 30

18:16 Scorpio Tankers announces delivery of a newbuilding LR2
17:41 SBM Offshore reintroduces COO position
17:00 Sea Port of Saint-Petersburg increased investments into its development programme by 40% to RUB 367.4 mln in 2014 (photo)
16:40 M/V Mamo refused access to Paris MoU region
15:40 M/V Jana refused access to Paris MoU region
15:19 MRTS JSC to sponsor 2nd International Forum of Dredging Companies
15:04 Orient Overseas (International) Limited posts Q4 2014 results
14:31 Cleve & Zonen offers direct groupage service from Rotterdam to Ecuador
14:18 Ulstein Verft upgrades the subsea vessel Island Performer
14:05 Port of Long Beach aims to boost clean power, speed cargo delivery
13:13 RF Government approves candidates for Boards of Directors of NCSP and MSC
12:54 Hantong gets two 68,000dwt self unloading buckcarriers orders
12:12 Stroygasmontazh LLC selected as sole contractor for Kerch bridge construction
11:31 Baltic Dry Index down to 632 points
11:00 Bunker prices at port St. Petersburg go down in late 5th week (graph)
10:15 Interactive classroom of Maersk opened at Makarov University
09:38 Oil price up to $49.13 in London and up to $44.53 in New York
09:20 LUKOIL BoD summarizes company 2014 preliminary performance and sets priorities for 2015

2015 January 29

19:18 From January 1, 2015, Maersk ships sailing in the Baltic Sea run on low-sulphur fuel (photo)
19:15 MABUX: Bunker prices to edge downward next week
18:49 Sovcomflot’s fleet under RS supervision increased by 33% to 40 vessels in 2014
18:27 Fincantieri set up company in Trieste, Italy
17:53 Finnish union AKT boycotts Unifeeder's container vessels in ports
17:51 LUKOIL starts upgrade of lube plant in Austria
17:29 HII names Rob Hogan VP, Manufacturing at Newport News Shipbuilding
17:05 Konecranes introduces UNITON overhead crane
16:17 Throughput of stevedoring companies of UCL Port up 7% to 30.5 mln t in 2014
16:05 Hapag-Lloyd omits Genoa Port on EAX Service
15:24 Bunker prices at Far East ports change in late 5th week (graph)
15:02 Hapag-Lloyd informs about temporary rotation change on WAN Service
14:49 Maaskant Shipyards delivers two custom-made offshore winches to Fugro
13:57 Port service vessel ВТН-74 built by Pella Shipyard (Leningrad region) for RF Navy delivered to port Baltijsk
13:23 Gazprom posts 9M’14 net profit of RUB 556.25 mln (-35%, year-on-year)
12:52 Nuclear icebreaker Taimyr assists M/V Yury Arshenevsky from Arkhangelsk to Sabetta (photo)
12:34 US Coast Guard rescued two men stranded on a Bahamian Island
11:43 RAO/CIS Offshore 2015 to focus on prospects of development of offshore oil and gas fields
11:13 Evergreen to beef up its fleet with eleven chartered mega-containerships
11:04 The Douglas Channel LNG Consortium takes full ownership and control of the Douglas Channel LNG project
10:39 MOL, Mitsui sign deal to charter LNG carrier
10:00 Baltic Dry Index down to 666 points
09:15 Oil price down to $48.47 in London and down to $44.45 in New York

2015 January 28

18:16 RF Government sets forth priority measures to ensure sustainable economic development and social stability in 2015
17:44 Pella Shipyard launched tugboat MB-96 for the Baltic Fleet
17:22 Gdansk Port expansion project worth nearly EUR 300M set to begin
16:59 Throughput of Kaliningrad Sea Commercial Port down 17.2% to 3.357 mln t in 2014
16:00 Vroon takes delivery of VOS Glory at Fujian Shipbuilding Trading
15:03 Siwertell secures a road-mobile unloader order from Medcem
14:03 Wärtsilä to supply integrated propulsion solution for 3 new gas fuelled tugs
14:03 KOTUG gets exclusive contract for towage services in the Port of Rotterdam
14:00 Boskalis and Van Oord to construct artificial island off the coast of Jakarta
13:58 Damen delivers Stan Launches for Multraship boatmen
13:30 Diana Shipping announces time charter contract for m/v Melite with Glencore
13:00 CMA CGM group informs of a Rate Restoration Program on the Swahili service, from the United Arab Emirates to Zanzibar
12:58 OSM New Build delivers Troms Mira
12:56 Georgia seeks to enter the Scandinavian market through Lithuania