• 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 August 29

11:15 Konecranes to deliver 12 Rubber Tired Gantry (RTG) cranes to South Carolina Ports Authority, USA
11:04 Finnish Transport Agency posts an increase in international maritime transport of goods and passengers
10:37 Arctia Karhu’s harbor icebreaker Ahto participates in Nuotta 2016 -oil spill prevention and response exercise
10:12 LSC Group’s revenue for Q2 2016 was USD 50.08 mln
09:50 Warships of the Black Sea Fleet and the Caspian flotilla practice tasks on organization of air and anti-submarine defence
09:28 Baltic Dry Index up to 720 points
09:13 Brent Crude futures price down 1.24% to $49.53, Light Sweet Crude – down 1.39% to $46.98

2016 August 28

21:41 0.9 mln cruise ship tourists visited Korea in 1H of 2016
21:39 Abu Dhabi Ports adds a 1000-meter quay wall to Khalifa Port and deepens its channel and basin
08:42 Keppel to deliver Bumi Armada’s first North Sea FPSO

2016 August 27

15:16 E.R. Capital Holding and Rickmers Holding AG will not pursue the merger of their ship management divisions any further
15:14 Diana Shipping engages financial advisors to negotiate amendments to certain of its loan facilities
15:11 EGD joins Klaveness as partner in the combination carriers
08:18 Latvian Shipping Company posts revenue of USD 50,08 million for Q2 2016

2016 August 26

18:02 MV WERFTEN signs a letter of intent with Foreship
17:24 CMA CGM announces GRR from Asia to North Africa trades
16:59 Rates for pilotage fee changed at port Ust-Luga
16:24 CMA CGM implements GRR from Asia to North Europe
16:05 Evergreen, K Line, COSCO, Wan Hai and PIL to offer two new joint services for Indian Subcontinent
15:52 VARD secures contract for two luxury expedition cruise vessels for Hapag-Lloyd Cruises (photo)
15:43 Russian fishing fleet is being equipped with Gonets sattelite system of domestic origin (photo)
15:26 Hansa Heavy Lift transports giant pipe racks for new FPSO unit in Brazil
15:22 Seaspan closes the sale of its previously announced public offering of shares
14:21 Kalmar appoints Peter McLean to lead the Asia-Pacific region
13:50 Within the unannounced inspection Coastal Troops and Marines of Black Sea Fleet and Caspian flotilla performed marches to concentration zones
13:22 Ulrike Riedel to become HR Director of the EUROGATE Group
13:02 CMA CGM announces GRR from Asia to Mediterranean
12:19 The Grimaldi Group completes the acquisition of Finnlines
12:15 ABS announces the publication of The ABS Guide for Certification of Offshore Access Gangways
11:54 EC, Tekes selects Norsepower to develop the world’s largest rotor sail
11:20 High-level officials met in Riga to discuss Rail Baltica Intergovernmental Agreement
10:41 Dutch ambassador promotes the emergence of LNG platform in Lithuania
10:29 Matson signs contract with NASSCO to build two new Con-Ro ships for Hawaii service
10:19 WSS Suez Canal transit team to cut customer costs, workloads and confusion
10:08 Brent Crude futures price down 0.46% to $49.44, Light Sweet Crude – down 0.26% to $47.20
09:52 Rosmorport announces tender for maintenance dredging at port Temryuk
09:33 Indicative bunker prices are almost flat at the port of Saint-Petersburg (graph)
09:19 Baltic Dry Index up to 718 points

2016 August 25

18:46 Tuco Marine reveals a new Arctic Workboat Daughter Craft
18:05 Scania will introduce marine engines meeting the requirements of TIER III
17:37 The logistics division at IMPERIAL continues to grow
17:11 Royal IHC upgrades underwater pump-unit TSHD for Van Oord
17:04 BMW Group Brazil celebrates first shipment to the US
16:45 Gazprom Neft reports IFRS financial results for 2H and 1H 2016
16:22 Kalmar wins further forklift order from Algerian port procurement company GICEP
16:03 Foreship establishes Tallinn subsidiary
15:41 Yet another regular ocean link between the Port of Gdansk and Asia
15:20 Norsepower receives €2.6m funding to develop the world’s largest rotor sail
14:59 ESL Shipping’s ice-strengthened supramax vessel Arkadia contracted to transport iron ore from Canada to Germany
14:52 Damen and AEC Maritime join forces for scrubber solutions
14:37 Renewable energy business triggers busiest period at the Port of Ayr in 25 years
14:15 Höegh Autoliners names latest newbuilding
13:50 Baltic Workboats completed its first all-new 22-metre wave-piercing aluminium patrol boat Patrol 2200 WP for Belgium Customs
13:26 Klaipeda Seaport cargo handling turnover increased by 4.2% to 23.15 mln t in 7M’16
13:11 The Australian Maritime Safety Authority’s next gen search and rescue satellite tracking system is now operational
13:07 Sovcomflot’s H1 2016 net profit down 23.3%, y-o-y, to $165.9 mln
12:40 ABB’s Marine Academy launches arctic course in response to strong demand
12:16 Lucas Marine partners with Harbor Breeze Cruises to reduce fuel costs in L.A. & Long Beach Harbors
11:55 Bunker prices go up at the Far East ports (graph)
11:31 "K" Line enhances Asia/India/Pakistan services (PMX/PIX)