• 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 October 9

18:30 The ports of Le Havre and Nantes-Saint-Nazaire receive high environmental recognition
18:00 Throughput of port Kavkaz up 54.2% to 19.o83 ml t in 9M’15
17:36 Mangalore Refinery and Petrochemicals signs MoU with New Mangalore Port Trust to build an LNG regasification terminal
17:29 Opening ceremony held at sea transshipment terminal in Mykolayiv (Ukraine)
17:18 Center for construction of superlarge marine facilities in Belokamenka to be built by mid-2018
17:05 MOL implements General Rate Increase on Asia-Europe services
16:35 ClassNK starts verification tests of next-generation condition-based engine monitoring system for MAN B&W engines on MOL vessel
16:34 Klaipeda Seaport cargo turnover up by 9,3 pct to 28,92 mln tn in January – September of 2015
16:12 A railway viaduct to optimise flows on the Betuwe Route
15:42 First Wärtsilä 31 engines selected for state-of-the-art icebreaker
15:37 Port of Gdansk launches new tender for attractively located areas
15:12 The Port of Long Beach boosts its on-dock rail capacity with a US$93m project
14:40 Acceptance/delivery certificate signed for diesel-electric icebreaker Vladivostok (photo)
14:12 Hapag-Lloyd improves North Europe-Montreal (Canada) service
13:43 OAO NOVATEK reports its preliminary operating data for QIII'15
13:11 Diana Shipping announces signing of a US$39,682,500 term loan facility with ING Bank
12:55 Throughput of Arkhangelsk Sea Commercial Port up 12.6% to 1.24 mln t in 9M’15
12:31 ABS release world's first guide for SOx scrubber ready vessels
12:10 Vroon Offshore Services to reduce operational fleet through lay-up
12:00 Multi-purpose salvage ice-breaker Murman underwent sea trials (photo)
11:30 Imtech Marine and Radio Holland complete first of two-vessel Sea Trucks’ contract
11:09 Gunvor buys refinery Q8 in Rotterdam
11:02 Latvian Shipping Company disposes it’s interest in AS “Latvijas Naftas tranzīts”
10:58 Over 500 ships and platforms for Arctic shelf development are required by 2022, says RF Ministry of Industry and Trade
10:29 Throughput of Kaliningrad Sea Commercial Port down 12.2% to 2.15 mln t in 9M’15
10:05 Brent Crude futures price up 1.25% to $53.72, Light Sweet Crude - up 1.60% to $50.22
09:51 Bunker prices at port St. Petersburg up in late 41st week (graph)
09:30 RF Navy’s Kaluga submarine returns to her home base after long-range trip
09:13 Baltic Dry Index down to 817 points

2015 October 8

18:16 Port of Gothenburg freezes port charges
17:47 Throughput of port Klaipeda (Lithuania) up 9.3% to 28.91 mln t in 9M’15
17:35 Throughput of Russian seaports up 3% to 495.8 mln t in 9M’15
17:23 Container turnover of Transiidikeskuse AS down 20% to 157,380 TEUs in 9M’15
17:01 RF Northern Fleet ship formation finished task performance at the Novaya Zemlya archipelago
16:37 18,000 TEU CMA CGM Bougainville inaugurated in Le Havre (photo)
15:50 Ban on ordering ships from foreign shipyards to be considered by RF Govt Commission on Import Substitution
15:25 Kotug and Becker to develop floating LNG power plant
14:28 Bunker prices in the Far East ports go up in late 41st week (graph)
14:04 APL launches Eagle Express service between North Asia and U.S. West Coast
14:01 World bunker prices may turn into irregular fluctuation's phase next week, MABUX says
13:30 MacGregor secures new deck machinery contracts in China
13:14 Remontowa awarded Golden Anchor prize for conversion of Stena Germanica into methanol-fuelled ferry
13:02 Ocean Rig announces fleet update
12:30 MOL starts demonstration test of next-generation condition-based engine monitoring system
12:12 Throughput of port Riga (Latvia) down 0.05% to 30.026 mln t in 9M’15
12:00 Statoil awards contracts for two Johan Sverdrup jackets to Kvaerner Verdal and Dragados Offshore S.A.
11:30 HELCOM kick-starts work on underwater noise in the Baltic Sea
11:01 Aker Philadelphia Shipyard starts construction on third and fourth product tankers for Kinder Morgan
10:50 More industry plaudits for ABP Humber as International Bulk Journal Awards shortlist announced
10:31 Boskalis launches sustainable “drop-in” marine bio-fuels
10:28 Transas contracted to supply ECDIS system for 20 surveillance vessels in Indonesia
10:22 Brent Crude futures price up 0.39% to $51.46, Light Sweet Crude - up 0.31% to $47.96
10:08 Cargotec's Kalmar receives port equipment order of 23 RTG cranes and 79 terminal tractors from Colombia
09:49 Baltic Dry Index down to 841 points
09:35 Damen sponsors 3rd International Forum of Dredging Companies
09:17 Russian Defence Ministry published video featuring massive precision weapon strike at ISIS infrastructural facilities in Syria (video)

2015 October 7

18:51 OOCL announces enhancement of its Gateway Express (GEX) 1 & 2 service
18:23 Port of Dover joins UK CBI
18:04 Cargotec's Hiab receives an order for 60 MOFFETT truck-mounted forklifts from the United States
17:50 Throughput of port Tallinn (Estonia) down 21% to 17.02 mln t in 9M’15