• 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 April 25

18:35 NYK vessel rescues yachtsman in the South Pacific
18:05 Crowley implements new terminal operating system in Puerto Rico
17:53 Two million tonnes of oil produced at LUKOIL’s Vladimir Filanovsky field
17:35 Solstad's extraordinary general meeting approves merger plans
17:12 IAA PortNews congratulates Damen on its 90th anniversary!
17:05 JAXPORT records 13 percent growth in Asian container shipments in first six months of fiscal year 2017
16:35 The Color Line vessel shortlisted for the Next Generation Ship Award
16:05 Evergas announces namegiving ceremony for 7th Dragon vessel
15:55 Multipurpose Reloading Complex increased financing of its ecological programme by 5.6 times
15:31 Yilport Ferrol Container Terminal welcomes first container vessels
15:19 Volga Shipping Company opens navigation season on Upper Volga (photo)
15:08 New coal carrier enters service for JERA Trading Singapore
14:54 Tanker Lilaste of LUKOIL-BUNKER's Murmansk branch will undergo scheduled repair by July 2017
14:33 ABS Guide helps prevent dropped objects
14:19 Gazprom Neft drills first ever multi-hole “fishbone” well on the Arctic shelf
14:03 HRADF names the highest bidder for Thessaloniki Port
13:53 TSHD Severnaya Dvina starts dredging at main navigation canal of port Arkhangelsk (photo)
13:32 Navios Maritime Partners announces acquisition of one capesize vessel
13:02 APL enhances China-Indonesia trade lane with new China Southeast Asia Service 6
12:37 Ventis and OSM form JV for “K” Line LNG vessel crewing
12:06 Vostochny Port participated in 15th specialized international conference “Coaltrans China”
11:42 Bunker prices are still high at the Far East ports of Russia (graph)
11:18 Ukraine’s water transport carried 2,000 passengers in Jan-March'17, down 43.6%, Y-o-Y
10:59 First shiploader delivered to Vostochny Port’s Phase 3 (photo)
10:24 Brent Crude futures price up 0.44% to $55.37, Light Sweet Crude – up 0.43% to $49.44
10:05 Zelenodolsk Plant Named After M. Gorky lays down tenth small-size missile ship of Project 21631 for RF Navy (photo)
09:33 Port of Gdansk throughput up 0.7% to 8.86 mln t in Jan-March'17
09:16 Baltic Dry Index down to 1,170 points

2017 April 24

18:07 DOF Subsea purchased shares in Canadian Subsea Shipping Company AS
17:49 Cargo transportation by Ukraine’s water transport down 9.3% to 0.9 mln t in QI’2017
17:30 Shearwater GeoServices receives TGS Irish Atlantic Margin award
17:02 DOF awarded extension with Statoil for the vessel Skandi Vega
16:36 DHT Holdings announces delivery of two VLCCs from BW Group
16:23 Rosmorport prepares seaport of Petropavlovsk-Kamchatskiy for cruise navigation season of 2017
15:59 Icebreaker assistance services will not be provided at port Primorsk (Leningrad Region) from April 25
15:31 Average wholesale prices for М-100 HFO up to RUB 9,649 in RF spot market
15:03 ICTSI services inaugural call of Evergreen’s Kor-Twn-Phl route in Subic
14:50 IMO in China to share policies and regulations update
14:27 Big Port St. Petersburg stops providing icebreaker assistance services from April 25
14:03 HELCOM Pressure Group meeting focuses on reducing the input of nutrients into the Baltic Sea
13:41 Belgium accedes to oil pollution response treaty
13:20 Yaroslavsky Shipbuilding Plant launches fourth boom-laying boat of Project А-40–2Б-ЯР (photo)
13:02 Ocean Alliance prepares to call at Wilhelmshaven
12:42 Rail Baltica Global CBA confirms the project's financial and economical viability
12:19 Kimmo Rahkamo appointed CEO of Skangas
12:01 Nakilat concludes first quarter with net profit of QR 191 million
11:26 Pacific Fleet ship detachment finished its visit to the Philippines
11:23 Hyundai Samho Heavy Industries attracts 300 billion won investment via pre-IPO
11:04 TransContainer’s net income increased more than 2.3 times to RUB 1,237 million
10:40 Yantar Shipyard laid down rescue support ship of Project 23700, Voyevoda, for RF Ministry of Industry and Trade (photo)
10:02 Brent Crude futures price up 0.72% to $52.82, Light Sweet Crude – up 0.64% to $49.95
09:39 ABP South Wales offers bespoke solutions to Hinkley Point C suppliers
09:15 Baltic Dry Index down to 1,195 points

2017 April 23

08:23 Freeport of Riga CEO position to be announced this week
08:20 MPI Offshore and Vroon Offshore Services collaborate to provide offshore services for the Rampion Offshore Wind Farm
08:17 Christening of EasyMax vessel Egbert Wagenborg takes place
08:16 HRADF announces three improved binding financial offers for Thessaloniki Port Authority SA
08:11 Ocean Rig announces extension of Drill Rigs Holdings early consent deadline

2017 April 22

08:25 Norway is first to ratify 2010 compensation regime for Hazardous and Noxious Cargoes
08:03 Polarcus Amani delivered to Sovcomflot