• 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.


2014 September 1

17:06 MPE Interiors manufactures and fitted-out a new lorry drivers’ lounge for Stena Line’s ferry terminal
16:25 Taizhou Sanfu Ship Engineering holds keel laying ceremony for No.one 2400TEU container vessel
16:21 Hamburger Hafen und Logistik AG expands fleet of electric vehicles to 64
16:09 Imtech Marine Nav/Com partner for Ship owner Groen
15:59 Net profit of Novorossiysk Commercial Sea Port up 9.9 times to $137.9 mln in HI’14
15:15 Throughput of Baltic Coal Terminal (Latvia) down 8.4% to 2.77 mln t in Jan-Aug’14
15:05 JSC “Latvian Shipping Company” posts H1 2014 results
14:48 ClassNK and Nakashima Propeller announce world’s first installation of a CFRP Propeller on a merchant vessel
14:28 Kaliningrad Branch of Baltic Sea Ports Authority commences operation
13:52 Australia expands sanctions against Russia
11:35 Average wholesale prices for М-100 HFO up to RUB 11,755 in RF spot market
11:03 Acceptance commission accepts Pella's tugboat “RB-407”
10:36 Samsung Heavy Industries announces merger with Samsung Engineering
09:51 FESCO posts its 1H’14 loss of RUB 1.9 bln
09:30 Baltic Dry Index up to 1,147 points
09:14 Oil price up to $103.19 in London and up to $95.96 in New York
08:43 BIMCO launches new eLearning module on voyage chartering

2014 August 31

14:50 Pirates hijack Thai tanker off Malaysia
12:47 MCG completes acquisition of the Super High Resolution MC2D survey in the Hoop area
11:48 Port of Rotterdam posts improvement in container handling of inland shipping
11:15 Havyard to deliver the ship design and equipment for four anchor handling tug supply (AHTS) vessels
10:52 Hamburg Süd christenes container ship “San Christobal” in South Korea

2014 August 30

20:31 A.P. Møller - Mærsk A/S initiates first phase of share buy-back program
15:49 CMA CGM posts Q2 2014 results
14:39 FESCO posts H1 2014 results
12:39 Royal IHC starts building Easydredge 2700 for stock
10:29 Kalmar to supply four all-electric RTGs to Super Terminais in Manaus, Brazil

2014 August 29

18:30 Uson Marine AB adds the Uson Clean Pilot to its marine waste management portfolio
17:55 Sovcomflot reports strong first half 2014 results
17:40 Baltic Customs bans import of 528 consignments of sanctioned cargo exceeding 13,900 t
17:31 Uson Marine offer functionality from the Environmental Navigator for GPS Discharge Control system forfood waste
16:24 Kiel Port cargo and passenger handling rise by 3% in first half 2014
15:13 Rickmers Group posts Interim Report H1 2014
14:10 China Rongsheng Heavy Industries announces 2014 interim results
13:58 Zelenodolsk Shipyard launches serial production of non-self-propelled dry cargo barges of project 3136 (drawing)
13:31 Rolls-Royce to supply offshore cranes for Brazilian Platform Supply Vessels
13:10 CNOOC posts 1H 2014 results
12:47 Bunker prices at port St. Petersburg up in late 35th week (graph)
12:30 Skangass granted permission for LNG Terminal
12:19 Baltic Dry Index up to 1,119 points
12:00 Daihatsu joins ClassNK Research Project on Cloud-based Maintenance System “ClassNK CMAXS LC-A”
11:58 Government of Western Australia to sell port handling facilities in Port Hedland and Kwinana in the first round of asset sales
11:03 Port Bronka starts recruiting process
11:00 Cargo operations resume at the Port of Long Beach
10:53 Divex gets contract to supply a saturation diving system for the BP Exploration Shah Deniz II Project in the Caspian Sea
09:57 Bunker prices at port Novorossiysk steady in late 35th week (graph)
09:33 Oil price down to $102.46 in London and up to $94.55 in New York
09:15 Nevsky Shipyard to build passenger and cargo self-propelled ferry for «Lenavtodor» (photo)

2014 August 28

18:25 Frontline announces a net loss of $78.2 million in Q2 2014
18:06 Van Oord present at World Port Days in Rotterdam
17:21 Euronav NV posts H1 2014 results
17:04 China Merchants Holdings container volume up by 18.1% to 38.52 million TEUs in 1H 2014
17:00 Bunker prices at Far East ports still high in late 35th week (graph)
16:53 KONGSBERG to supply integrated control and safety system, E-House and electrical system for BW Offshore Catcher FPSO
16:51 Viking Supply Ships finances a new Search and Rescue vessel in Kristiansand
16:23 Wärtsilä signs long-term maintenance agreement to support Harvey Gulf’s LNG offshore supply vessels
15:56 Global bunker markets to see mixed price movements next week
15:40 Throughput of port Gdansk (Poland) up 8% to 17.726 mln t in Jan-July’14
15:14 Port Metro Vancouver posts a 3.6% growth to 69 million tonnes of cargo in the first half of 2014
14:59 LUKOIL launches new ecological marine fuel (presentation)