• 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 April 24

09:37 Stena Line does not rule out calling at MMPK Bronka (Saint-Petersburg)
09:19 Rolls-Royce and Daimler agree on valuation of Daimler's equity interest in Rolls-Royce Power Systems
09:16 Mechel reports signing agreement on cargo transport pool system with TransContainer

2014 April 23

18:30 Hercules Offshore announces Q1 2014 results
18:10 Ten battery-operated heavy goods vehicles transport containers in HHLA Container Terminal Altenwerder
18:05 European Gateway Services and TX Logistik AG raise the frequency of connection between Rotterdam and Bavaria
17:46 Baku Shipyard secures first major contract from Shah Deniz
17:44 G6 Alliance expands Trans Pacific trade service structure
17:42 Two new HB Grandi fishing vessels to be fitted with the upgraded Wärtsilä NOx Reducer
17:41 UASC introduces its new Asia - Europe Network
17:19 Exploiting transit potential for freight transport is strategic priority at Russian Railways
16:33 Throughput of Rosterminalugol hits 4 mln t of cargo from year beginning
15:50 Stena Line to raise freight rates by 15% from 2015 due to new sulphur content limits in ECAs
15:26 BP agrees to sale of interests in four Alaska North Slope assets
14:41 Throughput of Northern Sea Route to be raised to 4 mln t by 2015, Vladimir Putin says
14:14 Putin says experts should hold on to every area of Russia’s Arctic continental shelf
13:52 Vladimir Putin: Russia needs single centre of responsibility for implementation of our policy in the Arctic
13:30 Dmitry Medvedev: project of Murmansk Transportation Hub to be implemented as scheduled and in full
13:20 Lamprell delivers its largest offshore platform for use in the North Sea
13:14 GD' Bath Iron Works gets two Navy contracts
12:55 Ministry of Justice registers FTS order on setting tariffs for icebreaking escort at NSR
12:38 OMV and Gazprom strengthen partnership
12:38 Cathelco supplies pipework anti-fouling systems for PSVs
11:51 Port of Hamburg (Germany) set to develop container transshipment
11:33 IHC Merwede secures order for 5,500m3 TSHD from TNPA
11:30 Vladivostok Administration, Rosmorport and Inflot Worldwide Rus sign collaboration agreement
10:27 Gazprom to meet increased European demand and secure additional gas amounts for premium Asia-Pacific market
10:01 Klaipeda Seaport (Lithuania) plans dredging up to 17 m and becoming a hub
09:33 Baltic Dry Index up to 939 points
09:16 Oil price down to $109.27 in London and down to $102.13 in New York

2014 April 22

18:36 CNOOC Limited announces Q1 2014 results
18:06 Nantong COSCO christenes container ship "COSCO ITALY"
17:57 Diesel fuel will prevail in Baltic bunker market, expert says
17:36 Inchcape Shipping Services to support Petrobras expansion in Central America and the Caribbean
17:06 MV OEL Emirates makes maiden call to Colombo
16:41 European Commission clarifies EU rules on cabotage and reports on developments in this sector
16:36 RS will participate in creation of innovative composite tank container
16:05 Hapag-Lloyd changes Chile-Peru Express and the Brazil-River Plate Express services
15:51 Aker Solutions and Baker Hughes form subsea production alliance
15:18 Transit navigation at Svir river opened by Baltic Fuel Company
14:48 Throughput of TransContainer up 1.9% to 349,000 TEUs in QI'14
14:06 Vladimir Putin orders construction of Kerch bridge to be completed in 2018
13:23 Höegh LNG takes delivery of the "PGN FSRU Lampung"
12:45 Coal terminal and railway line to be built in Murmansk Region (photo)
12:26 BMT Nigel Gee and Ares Shipyard deliver luxury passenger ferries in less than seven months
12:11 Russian Railways plan large-scale modernization of BAM and Transsib in 2014
11:52 Siem Offshore gets contract for the Nordsee One Offshore Wind Farm
11:02 Rosmorport announced tender for construction of Bronka approach canal and water area
10:34 Coast Guard medevacs 3 injured men from vessel 200 miles south of Kodiak, Alaska
10:05 Transit navigation at NSR to be started with Taimyr and Yamal icebreakers
09:41 Russia’ coal exports up 17.3% to 35.819 mln t in QI'14
09:27 Exports of Russian oil down 4.3% to 55.405 mln t in QI'14

2014 April 21

19:12 Expenses of FSUE Rosmorport for SCF Black Sea Tall Ships Regatta 2014 hit RUB 50-60 mln (photo)
17:38 Konstantin Busygin appointed as head of Russian Border Services Agency (photo)
16:45 Average wholesale prices for М-100 HFO down to RUB 11,465 in RF spot market
16:29 DP World first vessel to sail new channel to its Saigon terminal
15:56 Cosco Corporation secures contracts for four emergency response / rescue / field support vessels and two platform supply vessels
15:55 Vladivostok Customs revealed 17 units with excessive radiation level delivered by sea in QI'14
15:01 Sakhalin Energy and Sovcomflot sign contract for construction of 4 supply vessels under Sakhalin-2 project
14:13 Swire Pacific Offshore celebrates the launch of its 8th D-Class vessel, Pacific Dragon