• 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.


2016 June 28

18:31 USCG reopens waterway on Red River
18:27 Navig8 Chemical Tankers takes delivery of its first chemical tanker from Kitanihon Shipbuilding
18:03 Hull of the Siberia, first serial icebreaker of project 22220, shifted to a new position at Baltiysky Zavod shipyard
17:46 TransContainer will not pay out dividends for the year 2015
17:24 ICTSI wins excellence award in supply management
16:58 Crimea Bridge designers enhance protection of the bridge support structures (graphics)
16:32 ICS highlights role of merchant seafarers in migrant rescues
16:03 Diana Shipping announces time charter contract for m/v Crystalia with SwissMarine
15:27 New DNV GL marine warranty standards are a digital first
15:23 LUKOIL Marine Lubricants introduces two new products for marine engines
15:03 ABS, Keppel define JDPs to accelerate innovation
14:58 Passenger traffic of Kerch ferry service will grow by 25-30% in 2016, says Crimea’s Transport Minister
14:33 CMA CGM crosses 90% ownership threshold in NOL and intends to delist the company from the SGX-ST
14:12 Vard announces termination of shipbuilding contract with Rem Offshore
13:48 CMA CGM crosses 90% ownership threshold in NOL
13:32 New IMO regulations on verified gross mass start July 1st
13:02 NYK vessel first to make commercial transit through expanded Panama Canal
12:51 “K” Line and Kawasaki Heavy Industries announce joint development project of “K-IMS”
12:39 IFO-180 prices in the Far East ports are persistently high (graph)
12:04 BigLift Shipping orders third S-type vessel
11:50 Storage tanks for LNG distribution station in Klaipėda have undergone their first hydraulic tests
11:31 Newport News Industrial announces 52,000-square-foot expansion at its HQ
11:03 Capacities of Klaipėdos nafta’s LNG terminal already booked by Lithuanian Gas Supply and Litgas
10:46 Expanded Panama Canal opens with COSCO Shipping Panama transit
10:41 Fincantieri secures U.S. Navy LCU and T-ATS(X) design studies & analyses contracts
10:22 Austal delivers EPF 7 to U.S. Navy
09:58 Brent Crude futures price up 1.15% to $48.32, Light Sweet Crude – up 1.30% to $46.93
09:27 Baltic Dry Index up to 616 points
09:19 Rauma Shipyard secures its first Ro-Ro ferry contract worth EUR 68m

2016 June 27

18:43 USCG responds to tanker aground near Nunivak Island, Alaska
18:16 Port of Antwerp extends collaboration with North-Chinese university
17:51 Throughput of port Azov up 18.1% to 2.96 mln t in Jan-May'16
17:36 VOTL of Essar Ports is the best performing marine terminal in Kandla Port Trust
17:16 PSA launches living lab for port and logistics industry
16:52 Average wholesale prices for М-100 HFO up to RUB 8,379 in RF spot market
16:33 Free port regime will let Vanino attract over RUB 40 bln as investments
16:15 Sredne-Nevsky Shipyard completed body shell for second serial mine countermeasure ship being built for RF Navy (photo)
16:03 Maersk welcomes the Panama Canal expansion
15:34 MPA participates in second Port Authorities Roundtable held in Rotterdam to enhance collaboration
14:17 TransCanada to present at J.P. Morgan Inaugural Energy Equity Conference
13:14 MOL Liner announces May 2016 KPI results for Asia region
12:49 Marine Façade (Saint-Petersburg) welcomed 15 cruise ships last week
12:10 HKND engaged Nicaraguan environmental NGO FUNDAR to develop the first Biodiversity Management Plans for the Nicaragua Grand Canal
11:51 ABB increases ship connectivity by opening its first Integrated Operations Center in Asia
11:05 Wärtsilä to power two new Indian dredgers
10:48 United Kingdom first to accept marine geoengineering amendments
10:30 Graduation ceremony held at Nevelskoy University’s Maritime College (photo release)
10:13 HRH Prince Charles places the final section of HMS Prince of Wales
09:47 Brent Crude futures price up 0.24% to $49.16, Light Sweet Crude – up 0.02% to $47.63
09:19 Baltic Dry Index up to 609 points
09:12 TPS secures two electric cranes order from Assiciated British Ports

2016 June 26

10:26 POSH Arcadia to provide accommodation support for Shell's FLNG Prelude
08:20 CMA CGM implements GRR from Asia to Panama, all Caribbean, Cuba & North Brazil
08:17 New traffic separation schemes off Western Australia
08:16 VOS Challenge joins Vroon fleet
08:15 Second Colombo International Maritime Conference kicks off in September

2016 June 25

22:18 Danish ships to be issued with digital certificates
21:59 Seaspan and the Foundation announced multi-year investment in the training of BC’s future shipbuilders
21:13 UK Chamber calls for ‘Free Trade Commission’ in wake of Brexit
20:34 Conrad Shipyard forms LNG business unit