• 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.


2015 September 3

20:13 Bunker prices to start week soft, with bearish trend prevailing in the market, expert says
18:00 Throughput of Ukraine’s seaports up 2.4% to 95.52 mln t in 8M’15
17:35 GB Railfreight starts new service between Felixstowe and Birch Coppice
17:04 TXL launches daily rail shuttle between Rotterdam and Southern Germany
16:34 Dorian LPG announces delivery of the Commodore and the Cresques
16:04 CMA CGM implements GRR from all Asian origins to North Europe destinations
15:46 NOVATEK and Silk Road Fund conclude framework agreement on acquisition of stake in Yamal LNG
15:34 Rolls-Royce to design and equip advanced stern trawler
15:04 Go Offshore secures long term charter contracts for 16,000bhp AHTS vessels worth US$25.2 million
14:52 Armada Shipyards launches Armada Pride, thirteenth tanker of Project RST22M, for Palmali Group (photo)
14:27 Transas expands its Global ECDIS Training Network in China
13:35 Bunker prices in the Far East ports fell in late 36th week (graph)
13:10 NYK and MTI jointly develop industry-first automatic camera device for monitoring a vessel's engine
12:53 Russia’s Far East Development Ministry and Sakhatrans sign investment agreement on construction of coal terminal at Vanino port
12:31 ICTSI Manila rolls out container booking system
12:01 New energy-saving Windshield installed on containership MOL MARVEL for demonstration test
12:01 RF Ministry of Industry and Trade expects new products manufactured by Zvezda to appear in late 2019
11:28 Baltic Dry Index down to 906 points
11:13 Brent Crude futures price down 0.69% to $50.30, Light Sweet Crude - down 0.43% to $46.05
10:59 NYK to provide complete outbound logistics of finished vehicles for both Ford plants in India
10:49 Dalian Port Corporation to invest over RUB 3 bln into reconstruction of Nakhodka fishing port
10:00 RF Government makes decision to establish Supervisory Board of the Free Port of Vladivostok
09:25 Murmansk Commercial Seaport plans increasing its throughput to 23.25 mln t by 2018

2015 September 2

18:26 Hapag-Lloyd to revise the Equipment Inspection Fee in Republic of Ireland
18:06 Hapag-Lloyd to revise the Equipment Inspection Fee in Northern Ireland
17:57 Coal exports via Rosterminalugol terminal hit 11 mln t milestone in 2015 (photo)
17:36 Global Cleantech Summit begins in Helsinki in a week
17:06 China Oilfield Services Limited to drill for the Rosneft and Statoil project in the Okhotsk Sea
17:04 DFDS Seaways reaches an agreement on the Dover-Calais route
17:03 MPI Workboats steps up presence in Sheringham Shoal windfarm
17:00 Van Oord to be present at the World Port Days in Rotterdam
16:39 Yantar Shipyard launches Navy's frigate Admiral Makarov (photo)
16:27 Containerships starts Black Sea Express service
16:05 Lukoil develops co-operation with Ford Sollers
15:41 Wasa Dredging Ltd rolls out new dredging equipment
15:26 Expert says multiplicative effect from investments into debottlenecking of Russia’s deepwater system could make RUB 1.3 trillion
14:33 General Electric to supply equipment for LNG plant under LNG-Gorskaya project
13:44 Gdansk Bulk Terminal expands its capacity
12:58 First commercial ship to call at Bronka on September 8, 2015
12:29 Azeri crude exports via port Novorossiysk up 37.3% to 930,670 t in 8M’15
12:00 New drone visual inspection technology demonstrated at Remontowa
11:32 Throughput of port Azov down 27.4% to 5.89 mln t in 8M’15
11:07 Hapag-Lloyd to implement Booking Cancellation Fee in Taiwan
10:56 Baltic Dry Index climbed to 911 points
10:38 Brent Crude futures price down 1.22% to $48.59, Light Sweet Crude – down 2.38% to $44.03
10:07 Hapag-Lloyd to increase rates from Italy to South America West Coast / Central America & Caribbean
09:59 Cargo clearance procedure simplified in Ukrainian seaports
09:42 Rosmorport announces tender for maintenance dredging at seaway canal of Kaliningrad
09:17 Nigel Smith becomes new CEO of DB Schenker Rail Netherlands
08:17 CMA CGM implements Operational Cost Recovery surcharge in Yemen
07:10 Philippines launches special edition of ICS Training Record Books
07:00 CMA CGM to implement new Port Congestion Surcharge in Shuwaikh, Kuwait
06:50 Wan Hai Lines announces “tariff Bunker Charge” for Transpacific trade

2015 September 1

18:18 Hans Nagtegaal to be the new Head of Containers at the Port of Rotterdam Authority
17:59 Cleaning vehicle delivered to port Bronka (photo)
17:20 Rosneft, Sberbank and Pietro Barbaro close the acquisition of Prime Shipping
17:04 Euronav signs USD 750 million credit facility for refinancing 21 vessels and financing four newbuilding VLCCs vessels
16:28 Baltic Fleet marines repelled naval assault of the simulated enemy
16:04 Aker Solutions to reduce the workforce capacity in its Norwegian subsea business
15:04 DNV GL announces the acquisition of Noomas Certification