• 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 May 24

10:15 Bahri announces signing of contracts with Hyundai Samho Heavy Industries to build 5 very large crude carriers

2015 May 23

19:04 Military and police board last two toothfish poaching vessels in Cabo Verde
19:02 New Dutch wind park generates first energy
18:31 Zamakona Pasaia starts construction of a new ship for the Port Authority of Haifa

2015 May 22

17:32 Sredne-Nevsky Shipyard launches sixth tug of project 81 built for P.Trans Co. (photo)
16:53 Joint Lithuania‘s and Kazakhstan‘s projects – an impetus for container train “Saulė”
16:05 COSCO (Zhoushan) deliveres a 64,000 DWT bulk carrier to its European buyer
15:27 Amendments introduced into Compulsory Regulations for port Vostochny (map)
15:04 Dublin Port receives a Port Environment Review System (PERS) certificate
14:48 Corvette Sovershenny leaves building ways of Amur Shipyard (photo)
14:16 Dortmund port throughput up to 5.7 million tonnes in 2014
13:55 Sea Rescue Service of Rosmorrechflot completes tugging of pipe laying barge Defender (photo)
13:39 Polferries at the Westerplatte Ferry Terminal
13:04 Kalmar to deliver two additional automatic stacking cranes for DP World Brisbane
12:02 Review of cargo handling in Klaipeda Seaport, at Butingės Terminal and other Eastern Coast Baltic seaports in Jan-Apr’15
11:24 Net profit of Commercial Port of Vladivostok up 1.9 times to RUB 827.86 mln in QI'15
10:58 Sea Port of Saint-Petersburg handles equipment for Guiana Space Centre
10:36 Bunker market of port St. Petersburg sees mixed price movements in late 21st week (graph)
09:41 Baltic Dry Index down to 592 points
09:19 Oil price up to $66.54 in London and up to $60.72 in New York

2015 May 21

18:50 Bunker markets expect mixed price movements next week
18:20 Throughput of UCL Port stevedoring division up 17% to 8.58 mln t in QI'15
17:43 Navigation opens at White Sea – Baltic Sea Canal (photo)
17:05 Maritime and Port Authority of Singapore issues update on search and rescue operations for capsized sand-carrier
16:57 Ship Repair and Shipbuilding Corporation delivers its first serial floating dock to Russia’s Northern Fleet
16:04 Imtech Marine wins contract to supply electric & hybrid propulsion system to third CMAL ferry
15:35 Ship Repair and Shipbuilding Corporation launches border floating landing stage for Caspian Sea (photo)
15:12 MOL to implement a GRI for cargo moving from Far East Asia to Northern Europe and the Mediterranean
14:51 Bunker market of Far East ports sees mixed price movements in late 21st week (graph)
14:28 Palmaly Group takes delivery of Begim Aslanova, ninth 7,100 DWT tanker of project RST22M (photo)
14:04 ZIM posts Q1 2015 results
13:40 Rosneft takes delivery of two boom tenders build by Zvezda
13:03 South Carolina Ports box volume up nearly 15 percent
12:37 Kalmar to deliver turnkey heightening of three ship-to-shore cranes for DP World Antwerp
12:21 Serenade of the Seas makes her maiden call to Passenger port of Saint Petersburg
12:03 Abu Dhabi Ports promotes waste recycling to port users
11:34 Liebherr to supply first two STS cranes to port Bronka in August 2015 (photo)
11:02 IMO adopts environmental regulations on navigation in polar waters
10:47 Rosmorport announces tender for maintenance dredging at Volga-Caspian Seaway Canal
10:25 Damen wins contract for refit and maintenance of RNLN torpedo ship Zr Ms Mercuur
10:10 Baltic Dry Index down to 606 points
09:41 NAVTOR AS and Nautic AB join forces to launch new business offering complete navigation solution
09:18 Oil price up to $65.03 in London and down to $58.98 in New York

2015 May 20

18:06 Port of Antwerp launches breakbulk application for more efficient freight handling
17:53 Gazprom Neft’s production on Yamal to reach 30-35 mln t o. e. by 2020-25
17:36 ICTSI Laguna dry port expands facilities
17:05 MOL's Energy-Saving Propeller Boss Cap Fins System ordered for 3,000 vessels
16:44 Marine Façade (Saint-Petersburg) welcomes six cruise ships (photo)
16:30 Kalmar awarded a large contract to deliver rough terrain container handlers in the USA
16:27 LNG hub with annual capacity of 70 mln t can be created at port Sabetta, Yamal LNG says
16:09 The Maritime and Port Authority of Singapore conducts search and rescue operations for capsized barge
16:04 Rhenus Rotterdam expands capacity for handling breakbulk
15:58 Maersk Line to reduce CO2 emissions per container moved by 60% by 2020
15:39 Sovcomflot posts IFRS net profit of USD 97 million in QI'15 (up 67%, y-o-y)
15:31 Damen-built ART 80-32 Hybrid Rotortug RT Evolution named at the Greenwich Ship Tier in London
15:24 Final report ready on coordinated monitoring in the Baltic region
15:11 Volga and Don navigation can be limited amid low water conditions
14:53 Yamal LNG in search of alternative sources of finance amid U.S. sanctions
14:24 Global Shippers’ Forum welcomes data collection change at IMO
14:00 Second LNG plant under Yamal LNG project to be built by 2025, regional authorities say