• 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 July 23

13:31 President of Russian Railways attends opening of transshipment terminal in North Korean port Rajin
12:15 COSCO Corporation secures offshore and shipbuilding contracts valued at USD300 million
12:09 Perrigault SA to acquire APM Terminals Le Havre share
11:16 Bunker prices go down at port St. Petersburg (graph)
11:00 Throughput of Neva Pipeline Company (Ust-Luga) exceeds 12.7 mln t from year beginning
10:40 Allocations of Russian Railways for Mga-Ivangorod line and approaches to southern ports of Gulf of Finland totaled RUB 6.3 bln in HI’14
10:09 Costa Concordia ready to tow, departure from Giglio Island
09:59 Net profit of TransContainer down 17.8% to RUB 1.9 bln in HI’14
09:48 Baltic Dry Index down to 723 points
09:40 Bunker prices in Far East ports changed in early 30th week (graph)
09:27 Transportation of diesel fuel to port Primorsk resumed
09:09 Oil price down to $107.33 in London and down to $104.42 in New York
09:08 Infrastructure Partnership to acquire APM Terminals Virginia container terminal

2014 July 22

18:09 3,200 t of foreign cargo delivered to port Sabetta under Yamal LNG project from April’14 (photo)
17:36 ZIM ranks 4th out of 22 global carriers in the 2013 CCWG lowest emissions performance
16:25 South Carolina Ports container throughput up 8 percent in 2014 fiscal year
16:16 Throughput of Rosterminalugol hits 8 mln t of cargo from year beginning
16:07 COSCO (Guangdong) Shipyard delivers a 4500m 2 Livestock Carrier to its European buyer
15:22 Product tanker TORM LOTTE helps to save up to 300 lives
14:57 Tanker Sakhalin being built by Nakhodka Ship Repair Yard for Rosneft to be launched on August 8
14:35 Supply of export oil products to port Primorsk suspended because of criminal tapping of pipeline
14:21 First gates moved to new locks for the Panama Canal Expansion
13:30 Laky Verf launches multipurpose boat of project 14М Patrulny-13 built for Russia’s Transport Supervision Agency (photo)
13:13 PIL takes delivery of multi-purpose vessel Kota Bistari
12:55 Cargo transportation by Ukraine’s water transport up 13.9% to 2.3 mln t in HI’14
12:41 PSA and ITE seal collaboration worth over $2 million to develop new genera tion of port specialists for Singapore’s future container terminals
12:13 Norwegian operator Ocean Yield ASA orders three ethane-fuelled gas carriers
11:52 Intermodal Terminal Projects in Vilnius and Kaunas are being implemented successfully
11:37 Lithuania to ensure safe navigation and improve working conditions for seafarers
11:20 ICS сalls for harmonised port state control with respect to ECAs
11:00 Baltic States and Poland to cooperate in intelligent transport system development
10:51 Paving of berth No 2 completed at port Bronka
10:20 HI’14 allocations of Multipurpose Transshipment Complex (Ust-Luga) for port infrastructure development hit RUB 133.5 mln
09:58 Vice president of Japan Business Federation visits Freeport of Riga
09:39 Baltic Dry Index down to 724 points
09:14 Oil price down to $111 in London and up to $104.59 in New York

2014 July 21

18:27 Subsea 7 exercises a charter option on the vessel Skandi Neptune
18:07 Cathelco gain IMO Type Approval for BWT system
17:51 Kleven inks a new shipbuilding contract with Malaysian based Joint Venture Company IES Pioneer
17:44 Port of Hamburg Marketing opens representative office in North Rhine-Westphalia
17:35 11 cruise ships to visit Murmansk during cruise season (photo)
17:09 Vostochnaya Stevedoring Company handles seventh Triple-E boxship
16:46 Average wholesale prices for М-100 HFO down to RUB 10,933 in RF spot market
16:14 Bureau Veritas acquires Sistema PRI and enters the booming building and infrastructure market in Brazil
15:55 Container throughput of CTSP (Saint-Petersburg) down 1% to 195,300 TEUs in HI’14
15:30 Director General of Media-Group PortNews Elena Snitko awarded with a medal of Black Sea Ports Administration (photo)
15:21 De Hoop launches PSV for Delta Logistics
15:08 KAMPO OJSC commences delivery of modular boat of project 23370 to RF Navy (photo)
14:21 “K” Line confirms leakage of butyl acrylate at Laem Chabang Port
14:17 Throughput of Ukraine’s river ports up 61.5% to 1.85 mln t in HI’14
13:21 Swire Pacific Offshore celebrates the naming of its second L Class vessel, Pacific Legacy in Japan
12:52 BAE Systems San Diego Ship Repair awarded $15 contract mod for LPD 18 work
12:01 MOL's coal carrier to serve Tohoku Electric Power
11:57 Algoma christens environmentally advanced vessel in the Great Lakes
11:51 Sembcorp Marine's Sembawang Shipyard secures contract from Saipem SA for the conversion of two FPSOs for Kaombo Project in Offshore Angola
11:39 Sea Port of Saint-Petersburg allocates RUB 91.1 mln for company development in HI’14
11:02 Sergei Zheldybin named as new Captain of Ust-Luga Port
10:51 Singapore-registered barge POSH MOGAMI sinks of Sekupang, Batam
10:39 Rosmorechflot taps Alexander Volkov as Captain of Big Port St. Petersburg
10:20 State commission inks acceptance certificate for corvette "Stoiky" (photo)