• 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 August 21

12:01 Diana Shipping Inc. announces delivery of Capesize Dry Bulk Carrier m/v G. P. Zafirakis
11:42 Panama Canal updates Maersk Line on Expansion Program
11:21 Ports of Auckland posts results for the year to 30 June 2014
10:59 USPA conducts a seminar on information security
09:36 Baltic Dry Index up to 1,061 points
09:19 Oil price up to $102.28 in London and up to $93.45 in New York

2014 August 20

18:20 TTS Group appoints a new CFO
18:03 Hiab presents the latest technology in sustainable load handling at Elmia Lastbil in Sweden
17:55 Sredne-Nevsky Shipyard launches lead tug of 6-boat series for P.TransCo (photo)
17:21 Topaz Energy and Marine secures US$75 million investment from Standard Chartered Private Equity
17:10 BMT SMART appoints new Sales & Business Development Manager
16:22 Epic Gas announces unaudited financial and operating results for the second quarter ended June 30, 2014
15:44 Low water causes introduction of draught limits at some parts of Russia’s inland water ways
15:20 Zamakona Yards Shipyards performes delivery ceremony and naming of new Atlantic Offshore´s ERRV
15:07 Lawyers recommend re-exporting of “sanctioned” cargoes from Russian ports
15:03 MacGregor gets contract for two subsea cranes for Chinese PSVs
14:20 TTS Group signes a contract for delivery of a ship lift and related equipment to SIMA in Peru
14:11 Oil spill response headquarter exercise held at port Novorossiysk (photo)
14:02 Cecon Pride completes Sea-trials and mobilizes for delivery and departure for the Mediterranean
13:24 Tanker Anichkov Bridge is the first to transit Northern Sea Route this year (photo)
13:21 APM Terminals reports profit of USD 223 mln
13:20 Guangzhou Shipyard International Company's MR oil tanker gets first EEDI certificate
12:45 Bunker prices at port St. Petersburg slightly down in early 34th week (graph)
12:23 Clarkson announces Unaudited Interim Results for the six months ended 30 June 2014
12:14 A.P. Møller – Mærsk A/S publishes Interim Report Q2 2014
11:37 Star Bulk agrees to acquire 34 drybulk vessels
11:19 Guangzhou Shipyard International Company secures four 250,000dwt VLOCs order from FMG
10:37 Container throughput of port Hong Kong (China) up 3.3% to 13.13 mln TEUs in Jan-July’14
10:16 Qatargas delivers a commissioning cargo to Hainan LNG Terminal in the People’s Republic of China
09:52 Lukoil ships first batch of compensation oil as part of West Qurna-2 project In Iraq
09:28 Oil price down to $101.56 in London and down to $92.86 in New York
09:13 Honghua Group enters into LOA for offshore rig construction with Orion
09:09 Baltic Dry Index down to 1,040 points

2014 August 19

18:37 Galle Harbour earns profit of Rs. 20 m
18:17 Lukoil ships first batch of compensation oil as part of West Qurna-2 project in Iraq
18:07 BIMCO to help judge Maritime Standard Awards in Dubai
17:53 North-Western Shipping Company delivers oversized equipment to Bashkortostan (photo)
17:42 Norwegian prime minister opens the Gudrun platform in the North Sea
17:26 Hapag-Lloyd announces void sailing on its Far East Trade – Europe - Asia Loop M Service
16:20 Throughput of port Singapore up 5.3% to 319.57 mln t in Jan-July’14
15:11 Bureau Veritas announces the acquisition of Analysts in the United States
14:54 Throughput of Chinese ports up 4.6% to 6.42 bln t in Jan-July’14
14:10 Hapag-Lloyd changes vessel name on its US Westcoast – Australasia Loop 1 (WAS) Service
13:49 Marintec Indonesia to be held 26-28 November 2014, at Jakarta International Expo
12:30 Throughput of NCSP Group down 4.2% to 79.7 mln t in Jan-July’14
12:04 Hapag-Lloyd announces void sailing on its Far East Trade – Europe - Asia Loop 4
11:02 SITC launches new service
10:47 Scorpio Tankers to purchase MR product tanker and deliveres two MR product tankers
10:17 Transpacific Stabilization Agreement plans to increase Asia-U.S. rates from September 1
09:41 Admiral Vladimirsky research ship leaves Kronshtadt for expedition (photo)
09:23 Baltic Dry Index up to 1,042 points
09:10 Oil price down to $101.6 in London and down to $93.75 in New York

2014 August 18

18:17 Reefer box capacity forecast to grow 22% over next five years
17:51 Port of Hamburg expects 4-pct increase of sea cargo handling to 145 mln t in 2014
17:51 Swiber to fly the Mexican flag on its fleet
17:30 Bergen Group sells the 30 % remaining shares in Noryards AS
17:23 Cruise yacht Harmony G calls at Ukrainian port of Odessa (photo)
17:07 IAA PortNews publishes photo report on operation of dredging fleet in Sabetta
17:06 DOF Subsea gets multiple contracts for NOK 830 million
16:35 ABB to provide UK grid connection for Europe’s largest tidal energy project