• 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.


2017 February 22

19:11 Moody's changes the outlook on Sovcomflot from negative to stable
18:36 JV of Port of London Authority and Peel Ports London Medway buys new pilot boat
18:15 Ban of M/V "BEAM” with IMO number 8408258 has been lifted
18:07 Port of Brisbane hosts two mega cruise ships
17:55 Port of Ipswich receives 743 ships in 2016
17:36 ZIM to add a second Asia-Pacific North West service
17:05 CMA CGM announces FAK rates from North Europe to East Mediterranean
17:01 Ningbo Zhoushan Port receives world’s largest vessel
17:00 Bahri Dry Bulk signs a joint venture agreement with Koninklijke Bunge B.V.
16:40 APM Terminals increases Port Elizabeth investment plans to USD $200 million in preparation for ultra large container ships
16:38 Van Oord partner in PortXL innovation platform
16:35 Konecranes wins order in Paraguay for BOXHUNTER RTGs
16:05 Eimskip starts calling Helsingborg in Sweden
15:49 Exercise on the liberation of the captured vessel held in Saint-Petersburg
15:41 Maersk Line’s Margrethe Maersk becomes the largest vessel to call Vietnam
15:23 Yuriy Orekhov appointed to the position of the Head of the RS Branch Office in Spain
15:18 DAMEN launches the latest 70-metre yacht support vessel with helicopter hangar
14:51 Gazprom Neft reports net profit growth of 82.5 % y-o-y for its FY 2016 financial results
14:35 Gazprom Neft to drill first prospecting and appraisal well at the Ayashsky licence block in the Sea of Okhotsk
14:12 DEME’s subsidiary GeoSea to design, manufacture and install turbine foundations for EnBW offshore wind farm Hohe See in Germany
13:40 Yevgeny Dmitrakov elected as new Director General of Commercial Seaport Vanino OJSC
13:12 Six further shipping lines to call at Wilhelmshaven
12:52 The number of modernised warehouses and buildings at the Port of Gdansk is increasing
12:31 Marseille Fos posts 2016 results
12:26 NOVATEK says its profit in 2016 increased by more than three-fold to RR 257.8 billion
12:22 ICS releases latest Flag State Performance Table
12:01 New Times Shipbuilding announces delivery of product oil and chemical tanker
11:41 Cargo transportation by Ukraine’s water transport in January 2017 fell by 33.9% to 0.1 mln t
11:30 ICS releases latest Flag State Performance Table
11:18 HII authenticates keel for destroyer Frank E. Petersen Jr. (DDG 121)
11:00 DP World Australia progresses to RFP for Port of Townsville Berth 4 upgrade
10:55 MEYER WERFT starts construction of the world's first LNG cruise liner for ADIA Cruises
10:38 DryShips re-enters the tanker market, acquires two modern tankers
10:23 ABS issues industry’s first cyber safety notation
10:12 NYK completes winter safety campaign
10:09 Brent Crude futures price up 0.42% to $56.9, Light Sweet Crude – up 0.35% to $54.52
09:55 Onezhsky shipyard (Karelia) launches workboat of Project ST23WI-M, Yevgeny Vasilyev, built for FSUE Rosmorport (photo)
09:34 Norwegian Minister of Foreign Affairs to visit Russia for first time in three years for ‘Arctic: Territory of Dialogue’ International Arctic Forum
09:15 Baltic Dry Index up to 778 points

2017 February 21

18:11 M/V “RINA” refused access to the Paris MoU region
17:20 'MOL Group Safety, Environmental and Social Report 2016' earns Award of Merit in Environmental Communication Awards
17:02 Kelvin Hughes to supply its SharpEye™ radar for Pakistan Navy submarine upgrades
16:20 Wan Hai Lines again tops the “Container Shipping Line of The Year - Far East Trade Lane” Award
15:41 Igor Ponomaryov appointed as Director General of Severnaya Verf shipyard
15:22 Forland Subsea enters into a time charter party with a major international contractor for the Lewek Inspector
14:51 Vyborg Shipyard to deliver second icebreaking support ship intended for Novy Port in May 2017
14:20 Port of London Authority to discuss 20 year growth plan for the Thames river
14:02 CMA CGM announces GRR from India to West Africa
13:41 Bunker prices go down in the Far East ports of Russia (graph)
13:10 New Times Shipbuilding holds naming ceremony for two oil tankers and announces delivery of cargo lake ship
12:55 Yamal major landing ship of RF Navy's Black Sea Fleet returned to Sevastopol from the Mediterranean Sea (photo)
12:39 IAA PortNews offers a photo release from the 4th International Forum of Dredging Companies
12:23 KCA Deutag secures platform drilling contract with Sakhalin Energy
12:10 Intermodal Asia to launch the Industry Leaders Strategy Summit in Shanghai on 21st – 22nd March 2017
11:44 Delivery of icebreaker Ilya Muromets scheduled for autumn – RF Defence Ministry (photo)
11:30 Kelvin Hughes to supply radar systems for the Royal Navy’s latest River-class OPVs
11:16 Allseas Group will build the second string of TurkStream
11:03 De Boer Remorquage SARL orders two custom tugs from Damen
10:42 MHI-MME retrofitted 80 LNG carriers for running on low sulfur fuel
10:24 GTT to equip yet another FSRU with its cryogenic membrane containment system