• 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 May 27

18:55 Technip secures contract in Saudi Arabia from CTCI
18:21 CPU GmbH acquisition increases MacArtney presence in the German market
17:57 Revenue of Sovfracht-Sovmortrans Group up 32% to RUB 8.3 bln in QI’2016
17:38 Prosafe's Harald Espedal steps down, interim Chairman tapped
17:23 Statoil: three wells for the price of one
17:15 Seadrill reports Q1 $891 million revenue
16:33 Thales signs OFSV contract with Seaspan’s Vancouver Shipyards
16:18 Royal Dutch Shell: Q1 2016 scrip dividend programme reference share price
16:12 Saint-Petersburg will host IX Russian Forum “Current State and Prospects for Development of Russian Bunker Services Market” on June 23-24
15:56 Petroleum Geo-Services data for Norway 23rd round work commitments
15:18 VOS Sugar commences first charter contract at BARD Offshore 1
14:28 Seaspan thumbs up the Canadian Government's National Shipbuilding Strategy
14:13 DEME receives highest certification level CO2 Performance Ladder
13:51 Aker Solutions purchases 100,000 of its own shares
13:42 Almaz Shipbuilding Company (Saint-Petersburg) launches coast guard ship Nadezhny (photo)
13:18 ​​​Goltens contracted to install BWMS on ten Royal Netherlands naval vessels
12:57 Ministry of Industry and Trade says the state supports construction of 89 vessels in Russia
12:28 Nevsky Shipyard launches the lead Arctic class supply tanker of Project ST33 (photo)
12:01 Russian Railways BoD praises Company's activity in 2015 to improve efficiency
11:39 ABP’s ports of Ayr and Troon are set to receive a record number of cruise calls in 2016
10:53 Baltic Dry Index down to 601 points
10:40 Brent Crude futures price down 0.85% to $49.17, Light Sweet Crude – down 0.75% to $49.11
10:27 Laky Verf (Leningrad Region) lays down first ship of Project 12М (photo)
10:14 KONGSBERG contracted to supply AUVs and hydrographic technology for new Peruvian Arctic research vessel
09:49 Samskip doubles frequency of its Duisburg service
09:26 ZIM EBITDA in Q1 2016 remains positive at $8 million
09:18 Bunker fuel prices are flat at the port of Saint-Petersburg (graph)

2016 May 26

18:36 ABB electric propulsion system saved over 700,000 tons of fuel for marine vessels so far
18:14 Hapag-Llod revises HLC on East Asia - Mexico, Central America, Caribbean, WCSA services
17:52 Sixth combination bulk oil / deck cargo carrier of Project RST54 built by Okskaya shipyard to undergo sea rtials
17:31 TORM purchases shares for $19 million as part of the completed squeeze-out of remaining TORM A/S shareholders
17:30 Turku hosts the ninth Baltic Sea Region Forum
17:03 Hapag-Lloyd announces rotation change on JSC Service
16:49 Viking Line invests in maritime reseach in the Baltic Sea
16:43 LRQA receives accreditation from ANAB
16:21 Fugro enables safer drilling for BP in area of strong currents
16:11 Royal Caribbean's Empress of the Seas arrives to Miami
16:04 Navios Maritime Holdings' posts $101.5 million revenue for Q1 2016
15:57 RF Government issues instructions on expansion of port Kaliningrad for LNG terminal
15:39 Zelenodolsk Plant named after Gorky launches Gepard-3.9 frigate built for Vietnam
15:18 Hapag-Lloyd hikes rates from North, South and Central China to Persian Gulf
15:02 Broekman logistics signs contract with Novaedes
14:49 Expert says no firm trend on global bunker market next week
14:41 Flag hoisting ceremony held onboard M/V Ecolog built by Okskaya Sudoverf shipyard (photo)
14:35 BC Ferries adds more sailings in June on its three busiest routes
13:55 GESAMP group meets to focus on impacts of geoengineering on marine environment
13:49 Nayada Co Ltd joins Russian Association of Marine and River Bunker Suppliers
13:24 Ministers of Defence of Baltic States visit Baltic Workboats
12:56 IFO-180 НS is still in deficit at the ports of Russia’s Far East (graph)
12:28 Throughput of Murmansk Sea Fishing Port down 23.7% to 96,400 t in 4M’16 (photo)
12:00 SCF says construction of tankers complying with Tier-III Standard will cost 16-22% more
11:31 Damen unveils new compact multi-role UV 2410
11:15 122 permissions for navigation in NSR waters issued this year
10:57 Mitsui Engineering & Shipbuilding delivers 66,000 dwt type bulk carrier to Aquasol Shipmanagement
10:40 Compliance with Tier III Standard is not safe, not efficient at economy mode, results in higher CO2 emissions – expert opinion
10:21 Royal Caribbean orders fifth Oasis-class cruise ship
10:17 Technip awarded umbilical supply contract by Statoil in Norway
10:14 Workshop in Russia advances NECA for ships in Baltic and North Seas
10:08 Luka Koper throughput amounted to 5.6 million tonnes in January – March 2016
10:07 ESL Shipping’s barge Espa to become a floating beach and events area for the summer