• 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 October 24

18:50 Port of Antwerp handles first project cargo for petrochemical cluster
17:58 Global order backlog numbers 138 LNG carriers
17:29 Dredging ship Belomorsky returns to Arkhangelsk under Russian flag (photo)
17:00 Abolishing of export duty on crude and oil products can result in 60-pct reduction of Russian terminals’ cargo base - expert
16:32 40th tanker leaves ice-resistant offshore rig Prirazlomnaya (photo)
16:04 APM Terminals orders automated cranes for MedPort Tangier facility
15:51 Trawler ship Pechora built for NAD fishing farms will be based in Murmansk (photo)
15:17 OSG Board OKs spin-off of its international business
15:04 Keppel to deliver one of the world’s largest FPSOs to Bumi Armada
14:46 Average wholesale prices for М-100 HFO up to RUB 10,463 in RF spot market
14:10 Port of Rotterdam throughput decreases by 1.9% in first nine months of 2016
14:02 Keppel to deliver third FPSO for Shapoorji Pallonji and Bumi Armada JV
13:33 Evgeniy Ambrosov makes a report at the conference “International Cooperation in the Arctic: New Challenges and Vectors of Development”
13:02 Hyundai Heavy Industries wins an order to build two 2,600 ton frigates for the Philippine Navy
12:34 BW LPG takes delivery of BW Magellan
12:10 Mordraga LLC (DEME Group) sponsors business lunch at 4th International Forum of Dredging Companies
11:29 PJSC TransContainer reports its Financial Results under Russian Accounting Standards for the first nine month of 2016
11:03 Overseas Shipholding Group approved to transfer to NYSE “Big Board”
10:45 Damen wins 13-tug order from Edison Chouest Offshore
10:37 OCEAN Alliance to become effective Monday, October 24, 2016
10:24 Brent Crude futures price down 0.25% to $51.66, Light Sweet Crude – down 0.35% to $50.67
10:02 Skangas awarded framework agreement with Statoil
09:40 Throughput of Port Vanino OJSC up 29% to 5.2 mln t in 9M’16
09:15 Baltic Dry Index down to 842 points

2016 October 23

14:33 Panama Canal records third highest annual cargo tonnage in Fiscal Year 2016
14:28 African States, the European Union and European shipowners endorse maritime security
14:27 Port of Antwerp freight volume up 3.3% after 9 months
14:26 Eimskip starts calling Bremerhaven in Germany
14:24 Ports support designation North Sea and Baltic Sea as Nitrogen Emission Control Areas

2016 October 22

14:23 Hapag-Lloyd announces GRI from East Asia to East Coast of South America
14:21 Teekay Tankers wins Lloyd’s List Asia Tanker Operator of the Year
13:48 World union meeting unites against TiSA and CETA
13:10 Aker Solutions to acquire majority stake in Brazil's C.S.E.
11:32 ClassNK wins Big Data Award at the Lloyd’s List Asia Awards

2016 October 21

18:32 Ferus Smit launches Arklow Cape ship
18:28 Subsea 7 awarded contract offshore Egypt
18:00 Passenger Port of Saint Petersburg “Marine Façade” holds press conference on navigation results
17:28 EMGS and North Sea Commander Shipping AS agree on new terms for the charter agreement of the Atlantic Guardian
17:17 NCSP Group says its 9M’16 throughput increased by 6.3%, y-o-y, to 110.5 mln t
17:03 Jan De Nul Group sponsors evening reception at 4th International Forum of Dredging Companies
16:49 Transas calls for regulatory compliance for big data connectivity
16:30 Draft rules for equal-opportunity access to port monopolies’ services brought up for public discussion
16:11 GasLog to charter LNG carrier from Centrica, places newbuilding order at SHI
15:54 Port of Gdansk returns from China with yet another LoI
15:32 Contract award for Sea Trucks Group in West Africa
15:10 Cargo transportation by Ukraine’s water transport up 0.6% to 4.8 mln t in 9M’16
14:46 FESCO’s 8M’16 revenue down 28.4% to $351.8 mln
14:18 ClassNK issues AIP for LNG bunkering vessel design
13:44 Rosmorport appoints Yury Akhmedov as Acting Deputy Director of its North-Western Branch, Head of Ust-Luga department (photo)
13:12 The Danish Maritime Authority embarks on a future with unmanned ships
12:46 Total traffic of aluminum via Troitsa Bay Seaport (Primorsky Territory) exceeded 35,000 t this year (photo)
12:18 Bollinger delivers 20th fast response cutter to USCG
11:57 Northern Sea Route traffic to reach 6 mln t in 2016 – NSR Administration
11:09 Bunker market of port Saint-Petersburg shows moderate growth of prices (graph)
10:44 Brent Crude futures price down 0.02% to $51.38, Light Sweet Crude – down 0.14% to $50.56
10:33 Russian Railways supports direct control of prices for stevedores’ services
10:25 Rolls-Royce to power New York’s newest luxury ferry
09:46 Rosmorport’s Arkhangelsk department takes delivery of ice-class buoy tender Kapitan Shershnev (photo)
09:21 Baltic Dry Index up to 849 points
09:12 Mission to Seafarers and DSM announce Teesport joint working pilot