• 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 November 27

17:58 Sea Port of Saint-Petersburg signs long-term contract with RUSAL Group
17:27 FSUE Rosmorport attends Rosmorrechflot meeting in Novorossiysk
17:04 MOL tabletop drill prepares for serious marine incident
16:40 Latvian Shipping Company posts a loss of USD 1.41 million for the first nine months of 2015
16:16 Transneft – Port Kozmino terminal to boost its annual capacity by 20% to 36 mln t in 2017
15:55 Counterterrorist exercise held in Northern Fleet garrisons
15:29 Investor of RPK-Vysotsk-Lukoil-II refunded with 50% of resources spent for federal facilities
15:03 ZIM reports results for Q3 2015
14:30 A new semi-submersible crane vessel to feature a broad scope of Wärtsilä solutions
14:23 Exports of oil products via Sheskharis terminal to be boosted over 2-fold to 20 mln t from 2018
14:02 Fosmax LNG starts transshipment service at the Fos Cavaou LNG terminal
13:41 Russia’s crude exports via Kozmino terminal in 2015 expected to show 22-pct growth to 30.4 mln t
13:23 Bunker prices at port St. Petersburg go down in late 48th week (graph)
13:02 Prosafe and Jurong Shipyard agreed to a flexible delivery of the Safe Zephyrus
12:30 The Minister for Trade and Industry of Singapore extends block exemption order for liner shipping agreements
12:06 New General Manager of Container Terminal Bronka
12:01 BMT SMART receive certification for ISO-9001:2008
11:30 ESL Shipping inks a long-term agreement for raw material sea transport with SSAB and orders the world’s first large LNG-fueled bulk carriers
11:02 Nakilat Damen Shipyards Qatar joint venture achieves 5-year milestone
10:49 Brent Crude futures price down 0.99% to $45.16, Light Sweet Crude - down 1.52% to $42.38
10:25 Atomflot is interested in prompt construction of new 120 MW Leader-class icebreaker (graphics)
10:04 IMO Assembly confirms Mr. Kitack Lim as Secretary-General
09:17 Baltic Dry Index up to 562 points

2015 November 26

18:56 Bunker prices to stay on mixed trend next week
18:05 MOL Liner receives the Electrolux Supplier Awards 2015 in the category of Global Logistics
17:46 MPSV Murman fuelled at port Stavanger, Norway (photo)
17:23 Net profit of TransContainer down 28.5% to RUB 1.925 bln in 9M’15
17:05 Shipyard De Hoop launches Platform Supply Vessel for Abu Dhabi National Oil Company
16:35 Uljanik to build three 740 foot Seaway Max self-unloading bulk freighters for Algoma
16:17 Major ASW ship Vice Admiral Kulakov of the Northern Fleet entered the Strait of Aden
16:05 DHT Holdings takes delivery of VLCC newbuilding from Hyundai Heavy Industries
15:30 Dorian LPG takes delivery of the ECO VLGC Copernicus from Daewoo Shipbuilding
15:15 The Senate votes down the Turnbull Government’s deregulation plans for Australian shipping
15:00 Aker Solutions wins maintenance and modifications contract from BP in Norway
14:20 Bunker prices in the Far East ports go down in late 48th week (graph)
14:02 WSS advises shipowners to exercise caution in face of growing dangers and expense under R-22 phase out
14:01 CMA CGM improves its carbon performance by 50% in 10 years
13:31 Swedish and Finnish ports collaborate on environmental services
13:01 Entry into force of IMO Ballast Convention to not resolve difficulties in the U.S. - ICS
12:47 SPIMEX set to launch Urals crude as Russian oil benchmark
12:31 ICTSI opens Manila International Container Terminal Yard 7
12:01 CMA CGM implements GRR from all Asian ports to all Middle East Gulf ports
11:30 BogserTeam Ӧresund expands fleet with Damen ASD Tug 2810
11:18 Wärtsilä launches new digital services to enhance performance and predictability of customers’ assets
10:43 Frigate Admiral Gorshkov completed missile firing trials in the White Sea
10:16 Brent Crude futures price up 0.44% to $46.06, Light Sweet Crude - up 0.20% to $43.12
09:58 FESCO’s consolidated revenue down 35.6% YoY to $543.5 in 9M’15
09:37 Baltic Dry Index up to 546 points
09:19 Throughput of Neva Pipeline Company LLC to reach 27 mln t in 2015, up 16%, year-on-year

2015 November 25

18:18 Throughput of Ust-Luga Oil terminal to grow by 16%, year-on-year, to 28 mln t in 2015
17:49 Railway line towards Sabetta seaport to be built in Yamal-Nenets Autonomous District
17:20 Murman is heading for port Stavanger (photo)
17:05 MacGregor wins several orders for Pusnes deck machinery in South Korea
16:35 Wärtsilä Ship Design to supply design for offshore vessel conversion
16:05 Kalmar gets an agreement to supply seven RTG cranes to the new Terminal a Conteneurs 3 in Casablanca
15:42 Port of Antwerp is a central hub for Russian trade and industry
15:28 Marshalls wins CILT Safety Award with HIAB cranes
14:34 UCL Holding signed Sister-port Agreement between OJSC “Sea Port of Saint-Petersburg” and the port of Guangzhou (China)
14:11 Klaipeda Seaport cargo handling up 9.3% to 28.92 mln t in 9M’15
13:46 Further EU funding of Rail Baltica project have been secured