• 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 August 3

18:49 GasLog and partners complete LNGreen joint project for next generation LNG carrier concept
18:37 Strategic Marine’s stock program full power ahead
18:19 Cochin Shipyard launches seventeenth FPV for Indian Coast Guard
18:02 Azeri crude exports via port Novorossiysk up 43% to 845,760 t in Jan-July’15
17:44 Cargo transportation by Ukraine’s water transport up 6.8% to 2.4 mln t in HI’2015
17:31 MOL announces revision of FY2015 outlook
17:25 MSC implements bunker surcharge for Canary south/northbound trade
17:17 Bergen Group approves loan agreement with Køhlergruppen AS
17:07 BAE Systems announces transaction in own shares
17:03 Average wholesale prices for М-100 HFO down to RUB 9,698 in RF spot market
16:41 Hapag-Lloyd announces rate restoration on North East Asia - Australia service
16:32 Diana Shipping loss up in Q2 2015
16:16 MSC extends BUC for North Europe - South Africa trade
15:54 MHI gives notice regarding conclusion of absorption-type split agreements
15:27 Navios Partners reports Q2 net income of $11.4 million
15:25 19,224teu vessel "MSC Zoe" to be christened in Hamburg
15:18 RF Minister of Defence Sergei Shoigu is set to prevent disruption of state defence order’s deadlines (photo)
15:02 NOL reports net profit of US$890 million in 2Q 2015
14:39 Loading at Russian Railways network down 1.6% to 691.7 mln t in January-July ’15
14:22 Scorpio Bulkers announces purchase of 1,050,000 common shares
14:08 USCG rescues injured man from water after boat hits bridge near Morehead City, NC
13:47 MHI Board approves acquisition of shares of UniCarriers Holdings Corporation
13:42 Registers of Baltic Customs’ temporary storage warehouses and permanent customs control zones
13:13 Ship agency Seacorp looks into acquisition of its own fleet
12:43 Kerch Strait ferry line carried recently 4,284 vehicles and 17,477 passengers
12:31 Representatives of ExpoForum International visiting Passenger port of Saint Petersburg
12:02 TransCanada declares quarterly dividends
11:50 Cruise ship MS Ocean Dream to call Vladivostok on August 4
11:28 Shipyard De Hoop launches second, assembles fifth in a series of ten PSVs for Esnaad
11:06 Net profit of Sea Commercial Port of Illichivsk (Ukraine) exceeds plan by 20% to $11.7 mln
10:42 A US navy ship catches fire while undergoing overhaul at Croatian shipyard
10:19 Fugro gets BG contract for geochemical campaign offshore Honduras
10:04 Brent Crude futures price down 0.34% to $51.64, Light Sweet Crude - down 1.00% to $46.65
09:50 Net profit of Ukrainian Sea Ports Authority up 3.4 times to UAH 2.2 bln ($101.15 mln)
09:33 New rules of processing of ships and cargoes in Ukraine's seaports come into force and get approval of business community
09:17 Greece owned livestock carrier "Nabolsi I" catches fire off Crete
09:15 Baltic Dry Index up to 1,131 points
09:10 SeaKing Electrical partners with Valmet for marine automation in the UK

2015 August 2

14:57 Matson secures attractive new financing arrangements
12:17 Donjon Marine gets $44.5 million contract mod for salvage towing, ocean engineering
11:51 Robert Allan Ltd. offers optimized tug-barge system designs for South America
10:48 NAVANTIA awarded contracts for four Suezmax tankers

2015 August 1

17:28 HII gets $93 million more for work on CG-47class cruisers
12:48 SENER concludes the Almirante Irizar icebreaker engineering works for re-outfit and overhaul
11:31 DryShips announces settlement of $120M affiliate loan, suspention of ocean rig dividend
10:12 Port of Houston Authority throughput likely to reach nearly 20 million tons

2015 July 31

18:37 Subsea 7 awarded contract offshore Egypt
18:05 Georgia Ports Authority to have new inland teminal in 2018
17:56 LNG carrier “Amur River” departs for his first voyage under Sakhalin-2 project (photo)
17:39 Ship calls at Lerwick port grew in H1 2015 by 7%
17:15 Hyundai Glovis visits the Port of Gdansk
17:14 OSBIT completes delivery of two well intervention systems to Helix
17:06 Rosmorport announces tender for construction of ice barriers at port Sabetta
16:54 Operator of accommodation vessels Prosafe posts operational update Q2 2015
16:32 LR first class society to certify small commercial ships operating in the Caribbean
16:18 Avvashya Group's logistics operator announces new executive appointments
16:00 Russia’s Black Sea Fleet gets new harbor tugboat RB-365 built by Leningrad Shipyard Pella (photo)
15:44 BBC Chartering inaugurates its new office in Vietnam
15:39 Technip reports Q2 2015 results
14:59 CSCL places orders for eight boxships with Shanghai Jiangnan Changxing Shipbuilding