• 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 October 1

18:33 The port of Antwerp introduces the brand-new training course Cold Chain Logistics in 2015
18:00 Deep Sea Mooring opens a new office in Perth, Australia
18:00 KOTUG tugs assisted world's biggest cruiseship Oasis of the Seas in the port of Rotterdam
17:58 Frontline and Tankers International join in chartering partnership
17:31 MOL Announces merger of Group Companies
17:03 MPA of Singapore calls for nominations for the Singapore International Maritime Awards (IMA) 2015
16:46 HII's Ingalls Shipbuilding starts fabrication for Aegis Destroyer DDG 117
16:31 Vallianz acquires offshore services firm OER for US $27.7 mln
16:03 Cochin Shipyard launches the eleventh Fast Patrol Vessel
15:40 Oil exports via CPC terminal up 22.5% to 29.5 mln t in Jan-Sep’14
15:22 CMA CGM announces General Rate Restoration from all India, Pakistan and Sri Lanka ports to North Europe, Scandinavia, Mediterranean Sea, Baltic, Black Sea, North Africa, Central America, Caribbean and South America ports
15:03 Hapag-Lloyd terminate Brazil - US East Coast (BEC) Service
14:43 HHLA subsidiary Metrans shunting operations in Hamburg
14:33 Expert says Vladivostok-LNG is not economically viable project
14:22 CMA CGM announces General Rate Restoration from all United Arab Emirates ports to Longoni on the MIDAS Loop
14:03 Hapag-Lloyd starts new South America East Coast Service
13:46 ClassNK establishes new Renewable Energy Department
13:37 DOF Installer ASA sells one of its sister vessels
13:32 Toyota chooses Savannah for exports to Australia, New Zealand
13:02 CMA CGM announces Peak Season Surcharge from all Asian origins to South Africa and Indian Ocean
12:46 Loading at Russian Railways network down 1.2% to 913.2 mln t in Jan-Sep’14
12:27 ClassNK publishes report on MOL COMFORT incident
12:27 Fifteen people rescued off West Australian coast after vessel fire
12:01 Swire Pacific Offshore welcomes its third L Class Platform Supply Vessel
11:21 Nevsky Shipyard to lay the keel of self-propelled car and passenger ferry
11:19 Amendments introduced into federal project on construction of deepwater port in Baltijsk (Kaliningrad region)
11:02 Dmitry Medvedev signs Decree on overall financing of Yamal LNG project
10:47 BAE Systems gets $25,4 million more for CG70 dry-docking contract
09:48 SCF Training Center visited within the framework of Conference “Impact of Shipping on Air in Europe” (photo)
09:20 Oil price down to $94.67 in London and down to $91.16 in New York
09:07 Baltic Dry Index up to 1,063 points

2014 September 30

18:11 Bunker prices at Far East ports up in early 40th week (graph)
18:05 BMT introduces REMBRANDT simulation tool for marine collision reconstruction
17:53 Exports of Russian grain via Baltic states’ ports to grow in 2014-2015, expert says
17:31 CMA CGM announces General Rate Restoration from all North European ports to all Canadian ports
17:30 CMA CGM announces General Rate Restoration from all Mediterranean ports to all US East Coast and US Gulf ports
17:06 Hapag-Lloyd informs about a vessel delay on the NP1 Service
16:59 Russia and Kazakhstan launch joint geological exploration project “Eurasia”
16:30 COSCO (Dalian) deliveres a 80,000 DWT bulk carrier to its European buyer
16:16 CMA CGM announces General Rate Restoration from Middle East to North Europe and Baltic
16:14 CMA CGM announces General Rate Restoration from all North European ports to all US East Coast, US Gulf and Mexican ports
16:11 Skangass to build a new import LNG terminal in Pori, Finland
16:01 MAN propulsion packages for new trawler series advance North Atlantic fishing
15:47 9th Damen сutter suction dredger added to fleet of Nigerian customer
15:31 Hamburg Süd christens container ship “Cap San Antonio” in Le Havre
15:20 Delivery/acceptance certificate signed for Lady Sevda, tanker of project RST27 build by Krasnoye Sormovo
15:01 Nordic American Tankers's vessel involved in rescuing 150 persons
14:31 ULSTEIN gets design and equipment contract for Van Oord’s new subsea rock installation vessel
14:01 Swire Blue Ocean A/S signs key contract for provision of installation vessel services to Bilfinger
13:51 Oil product flow via Russia’s southern ports will grow, IAA PortNews reports at seminar for oil companies
13:31 CSAV Group, Hapag Lloyd, Hamburg Süd, Aliança and NYK to jointly operate services between the East Coast of North America and Argentina, Brazil and Uruguay
13:20 Supply of crane equipment for MMPK Bronka start-up complex to commence in July 2015
13:10 The Swedish Transport Administration and APM Terminals at the Port of Gothenburg conduct trials with a 730-metre freight train
12:31 CMA CGM to implement a Low Sulphur Surcharge on all its trades in the Emission Control Areas
12:01 OCI Terminal Europoort is to invest €2 million in expanding the capacity
11:30 OOCL announces rate increase on Southeast Asia-Australia services
11:00 Georgia Ports Authority achieves 13 percent growth in container traffic in July - August
10:43 Crowley receives first two heavy-lift deck barges in Singapore
10:42 Steel cutting ceremony held for Sovcomflot’s pilot gas carrier under Yamal LNG project (photo)
10:17 Baltic Dry Index up to 1,062 points