• 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 30

18:53 Expert says bunker prices to swing around $5 or $10 PMT next week
18:25 Wilhelmsen Ships Service appoints new Ships Agency Manager for Singapore
18:02 Flag-of-convenience and ‘port-of-convenience’ practice can be introduced in Crimea’s sea harbors
17:52 Jan Rindbo appointed CEO of Dampskibsselskabet NORDEN A/S
16:48 National Chamber of Shipping renamed as Russian Chamber of Shipping
16:35 Tchibo plans to import via Wilhelmshaven.
16:14 Rotterdam roll on/roll throughput up 8% to 15 mln tonnes in the first nine months of 2014
16:05 CMA CGM announces further blank sailings on its Asia/North Europe routes
15:42 Wärtsilä fuel efficient propulsion equipment chosen for two new fishing vessels
15:18 Hapag-Lloyd starts a new feeder service to and from Kokkola port
15:10 Crystal Cruises selected as Best Cruise Ship Line for record 21st time
15:05 MPE Interiors unveils partnership to install fast-fit modular ship accommodation
14:14 Admiralty Shipyards (Saint-Petersburg) lays down Veliky Novgorod and Kolpino submarines
14:02 One of the VLCCs in Vela fleet was transferred to Bahri's ownership
13:31 Yuri Dolgorukiy submarine of Russia’s Northern Fleet successfully launches intercontinental ballistic missile Bulava (photo)
13:02 Mitsui Engineering & Shipbuilding Co., Ltd establishes Service Companies in Qatar and Turkey
12:30 Norwegian Cruise Line reports financial results for Q3 2014
12:02 CMA CGM improves its service from Rouen to West Africa
11:56 67,000 yearlings of speckled trout released into Ladoga as Bronka compensatory measures (photo)
11:30 Mikhail Margelov appointed as Vice-President of Transneft
11:30 OPDR starts new service between Morocco and Northwest Europe
11:02 Pacific Drilling announces closing of $500 mln revolving credit facility
10:40 Transneft resumes oil loading onto tankers at three ports
10:30 CSAV receives new containerships
10:17 CMA CGM announces Winter Surcharge to imports into Russia/Baltic ports
10:11 Multipurpose Reloading Complex (Ust-Luga) allocates RUB 1.3 mln for social programmes in Jan-Sep’14
09:21 Baltic Dry Index up to 1,428 points
09:07 Oil price up to $87.12 in London and up to $82.2 in New York

2014 October 29

18:36 Perdana Neptune Limited sells offshore support vessel to Hauston Limited
18:06 AIDA receives the Deutsche Kreuzfahrtpreis 2015 (German Cruise Line Award)
17:48 Mexico’s Naviera Integral orders two Damen FCS 4008
17:42 Neway completes major pumping operation for Liverpool dock project
17:36 Vroon’s revolutionary “walk-to-work” vessel to be available from mid-2015
17:22 International Maritime Bureau notes concern over small tanker attacks in SE Asia
17:16 Hantong gets order for the world’s first CNG carrier
17:15 4 International Annual Conference of RUMI «Marine insurance in Russia 2014» to be held in Moscow on November 20
17:06 CMA CGM announces Peak Season Surcharge from Asia to West Africa Southern range
16:47 The use of LNG to reduce annual greenhouse gas emissions of 170 000 tons CO2 at Skangass' new LNG terminal in Lysekil
16:45 ITF “will fight” Costa Rica port violence
16:41 Fincantieri and Vittoria Shipyard sign a cooperation agreement
16:41 Technip wins substantial subsea contract for Bangka Development in Indonesia
16:34 EU to support rail freight traffic improvements to the Port of Rotterdam
16:31 Hapag-Lloyd changes terminal / rotation on INDAMEX - India America Express (IMX)
16:13 Statoil posts results for Q3 2014
15:31 Additional cargo line to be launched at Kerch ferry service from November 1
15:09 Petrobras plans to launch a new tender for two ultra-deepwater drilling rigs
14:50 Court of Appeal dismisses complaint of Russia’s Central Energy Customs related to offshore bunkering ban
14:48 Wärtsilä to supply highly efficient integrated propulsion and ship design for two offshore support vessels
14:30 World’s first subsea wet gas compressor one step closer to Gullfaks
14:09 Qatargas deliveres LNG on-board a Q-Max Vessel to Jebel Ali Port for the first time
13:35 Finnlines sells MS Finnhansa and MS Finnarrow
12:50 Winter navigation period starts at port Sabetta
12:28 IMS to sell LPG / Ethylene carrier Norgas Napa to a subsidiary of Teekay for USD 27.0 mln
12:09 CIMC Raffles completes its 7th semisubmersible drilling rig sea trial
11:23 Vroon announces launching of VOS Paradise at Cosco Guangdong Shipyard
11:22 Floating Maintenance Base “Lepse” placed to open shipbuilding platform (photo)
11:09 ECT Delta Terminal sets new record: 10,557 containers unloaded and loaded on Thalassa Pistis
10:27 Deltamarin designs the Libra FPSO
10:04 Trucking companies avoid routes via port of Calais (France)
09:56 Baltic Dry Index up to 1,395 points