• 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 3

12:53 CMA CGM implements Emergency Rate Restoration from all Asian ports to Mediterranean trades
12:51 MacGregor launches compact new Pusnes RamWindlass
12:48 European seafarers and shipowners oppose the sentencing of Captain Mangouras
12:27 Abu Dhabi Ports posts 31% volume surge in first quarter of 2016

2016 May 2

18:15 APM Terminals presents 10th Annual Global Safety Day
17:05 CMA CGM implements Emergency Rate Restoration from all Asian ports to Mediterranean trades
16:25 Petrobras extends RSV contract for the vessel Geograph for 18 months
15:44 Nordic American Tankers acquires four crude oil Suezmax tankers
12:21 ABS releases MODU lay-up, reactivation guide
12:19 MOL announces delivery of the LNG carrier KUMUL at Hudong-Zhonghua Shipbuilding
12:18 Hyundai Heavy Industries produces 1,500th ACONIS for ships

2016 May 1

13:43 One-hundredth Very Large Ore Carrier berths in SOHAR

2016 April 30

16:22 Golar and Schlumberger reaffirms commitment to Framework Agreement
16:21 Vladimir Egger re-elected as the chairman of the supervisory council of JSC “Latvijas kuģniecība”
16:19 FESCO announces its operational and consolidated IFRS results for FY 2015
16:12 China COSCO vessel wins draw to be first to transit through the expanded Panama Canal

2016 April 29

18:06 ICS criticises judgement by Spanish Supreme Court
17:35 Brightoil Petroleum announces extension of completion and delivery of ten vessels
17:17 Moscow River Shipping Company and United Shipbuilding Corporation are about to sign a contract on construction of a cruise ship (graphics)
17:06 Antwerp Port Authority launches market survey for water bus
16:48 Yaroslavl branch of LUKOIL-BUNKER takes part in OSR exercise
16:40 Mosturflot opens cruise navigation season 2016 (photo)
16:35 MOL implements GRR from Asia (excluding Malaysia, India) to Mexico and West Coast of South America
16:20 LUKOIL-BUNKER's Yaroslavl branch commences operations in navigation season of 2016
16:05 Svitzer names new tug in Felixstowe
15:43 Phase 1 of Tuas Terminal development gets underway
15:27 Shareholders of Latvian Shipping Company do not support issue of new shares
15:06 Coast Guard tows disabled fishing boat 90 miles to Portland
14:39 Krylov State Research Center to develop OSR programme for Gazprom
13:56 Gazprom Neft extends licence for developing the Novoportovskoye field to 2150
13:28 153rd navigation opened in the Yenisei Basin (photo)
13:15 CMA CGM announces GRR from India to West Africa
12:15 ANL implements BAF for USA Service - ANZ to East Coast USA - Canada
11:55 Russian Railways announces 3M' 2016 results according to RAS
11:47 Essar Ports Hazira to handle 15 million tonnes of third-party cargo
11:07 First Alternative Energy Hub with LNG for inland navigation and road transport in Belgium
10:29 Volga Shipping Company opens transit navigation at Volga-Baltic waterway (photo)
09:58 Brent Crude futures price up 0.31% to $47.92, Light Sweet Crude – up 0.41% to $46.22
09:33 Indicative bunker prices go up at the port of Saint-Petersburg (graph)
09:14 Baltic Dry Index down to 710 points

2016 April 28

18:39 First offshore wind service vessel from Ulstein Verft launched
18:35 ECSA welcomes the improvement of the shipping conditions in the Arctic
18:02 Oil spill response exercise arranged by Infotech-Novo LLC held at port Kavkaz (photo)
17:40 Loading of LASH carrier and container ship Sevmorput commenced at Murmansk Commercial Seaport (photo)
17:21 Ingalls Shipbuilding begins fabrication of DDG 121 for US Navy
17:02 Root section of south-eastern ice protection facility completed at port Sabetta (photo)
16:43 Incat Crowther supplying design and aluminum kits for monohull crewboats
16:32 Genting Hong Kong announces completion of the purchase of three shipyards in Germany to form the Lloyd Werft Group
16:15 Bunker market: no consensus on whether prices move up or down
16:05 Wan Hai Lines, “K”LINE and PIL to redeploy Transpacific service
15:30 Stockholm awaits half a million cruise passengers in 2016 cruise season
15:04 Railport Antwerpen selects B-Logistics as partner for its Port Rail Operator pilot project
14:54 DP World reports 3.7% gross volume growth in first quarter of 2016
14:02 Passenger Port of Saint-Petersburg expects 260 calls in 2017, up 20%, y-o-y
13:56 Genting Hong Kong announces completion of the purchase of three shipyards in Germany to form the Lloyd Werft Group
13:16 Bunker market of Russia’s Far East ports sees deficit of fuel (graph)
12:38 Murmansk Commercial Seaport and SUEK AG agree on transshipment of export coal in 2016
12:00 North-Western Shipping Company traffic volumes down 5% to 1.27 mln t in QI’2016
11:09 Stena Bulk’s IMOIIMAX tanker Stena Imperative named in Hong Kong
10:41 OSU to issue RFI on ship project after design completion