• 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.


2017 January 19

11:32 Odessa Sea Port Authority issues ice advisory
11:21 Bunker prices are still high in the Far East ports of Russia (graph)
10:59 Connecting ships, ports and people theme launched by IMO Secretary-General
10:43 Yury Tsvetkov congratulates Novoship on its 50th anniversary
10:15 Sergey Frank congratulates Novoship on its 50th anniversary
09:55 Brent Crude futures price up 0.93% to $54.42, Light Sweet Crude – up 0.92% to $51.55
09:16 Baltic Dry Index up to 952 points

2017 January 18

18:07 Siem Offshore cancels shipbuilding contract with Remontowa Shipbuilding
17:56 Port of Gdansk throughput up 3.8% to 37 mln t in 2016
17:40 COSCO (Dalian) Shipyard delivers Salvage Lifting Vessel and bulk carrier
17:19 RF Navy’s Pacific Ocean Fleet ship detachment arrived in Busan
17:06 Höegh LNG signs new FSRU contract with Hyundai Heavy Industries
16:45 Acting Chairman of USPA calls upon strengthening of dialogue between industry leaders and ports’ society
16:32 The Port of Gothenburg want to reward the shipping companies for their green initiatives
16:30 IMO welcomes entry into force of financial security for seafarers
16:18 Vladivostok Sea Fishing Port handled 327,000 t of fish in 2016, up 6.3%, Y-o-Y
15:54 The new head of USPA criticized the management of Odessa port
15:23 CMA CGM announces FAK rates from India Sub-Continent to North Europe & Mediterranean
15:01 Production at LUKOIL’s Filanovsky field reached one million tons (photo)
14:39 Container throughput of port Hong Kong (China) down 2.5% to 19.58 mln TEUs in 2016
14:23 SHI wins KRW 270bn order for build FSRU
13:46 Murmansk hosts exhibition dedicated to Arctic convoy
13:23 OPC, CHEC ink deal for Puerto Cortes terminal expansion
12:57 Seaport of Azov expanded with a plot of land intended for construction of terminal for grain and general cargo exports
12:26 Port of Zeebrugge volume down 1.3% to 38 million tonnes in 2016
12:08 Successful cooperation for safe sea transport of oil told in new exhibition
11:40 Composit supports 4th International Forum of Dredging Companies as its Sponsor
11:11 Free Port Kamchatka company to build multi-functional transit cargo hub in Petropavlovsk-Kamchatsky
10:33 Brent Crude futures price up 0.34% to $55.66, Light Sweet Crude – up 0.34% to $52.66
10:29 OSM & Forland Shipping extend cooperation to full technical management
10:14 Victor Olersky congratulates Novoship on its 50th anniversary
10:00 Rusal is set to invest over RUB 5 bln in construction of alumina terminal in Vanino Bay
09:54 Baltic Dry Index down to 922 points
09:38 TransContainer freight traffic rises 9% in 2016 to 1,500 TEUs
09:16 Indicative bunker prices slightly up at the port of Saint-Petersburg, Russia (graph)
08:25 Port of Antwerp freight volume up 2.7% to 214,057,529 tonnes in 2016
07:27 Ports of Stockholm sets new container record in 2016

2017 January 17

21:13 Cargo volume of a UCL Holding's stevedoring division in 2016 up 3% to 34,1 million tonnes
18:44 DNV GL certifies new prototype of Siemens’ 8 MW offshore wind turbine
18:42 Port of Kiel posts record cargo and passenger handling, up 5.3% and 3.4%, accordingly
18:23 Berge Bulk takes delivery of handy-size vessel Berge Rishiri
18:20 CMA CGM upgrades its SEAS1 and SEAS2 services
18:12 Euroseas announces delivery of newbuilding Ultramax drybulk carrier
17:54 Subsea 7 announces offer for Seaway Heavy Lifting
17:24 Russian crude exports via oil terminal Kozmino in 2016 rose 4.6% to 31.8 million tonnes
17:06 Castor Networks launches new worldwide one stop shop formula for maritime IT and communication after takeover Watum Solutions
16:11 Vyborg Shipyard and Arkhangelsk Trawl Fleet ink an agreement for optional and modified ST series trawlers (photo)
16:02 Hapag-Lloyd announces new FAK rate from Far East WB - ISC to Europe North Continent & Med
15:28 Russia's Port of Nakhodka throughput in 2016 rose 9.4% to 23.3 million tonnes
15:14 Bunker prices at Far Eastern ports remain flat (graph)
14:24 Moldova-flagged dry bulk carrier refloated at Port of Azov
14:13 VARD signs Letter Of Intent with international cruise company
13:40 Cargo transportation by inland water ways of Russia down 2.9% to 117.9 mln t in 2016
13:02 CMA CGM announces GRI from Asia to Mexico, West Coast of South America (WCSA) & West Coast of Central America (WCCA)
12:21 Boskalis receives LOI for EUR 480 million port development project in Oman
12:12 TTS Group delivers TTS shipset to COSCO/Shanghai Shipyard
11:59 Peter Döhle turns to MacGregor for 70-ship service agreement deal
11:58 Throughput of port Olga (Primorsky Territory) up 13.4% to 1.529 mln t in 2016
11:01 Throughput of port Posiet (Primorsky Territory) up 26.6% to 8.202 mln t in 2016
10:40 Throughput of port Vostochny (Primorsky Territory) up 5.2% to 68.533 mln t in 2016