• 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.


2016 September 26

08:14 Abu Dhabi Ports receives ISO 10002:2014 certification in customer feedback management system

2016 September 25

11:15 Hapag-Lloyd announces an increased FAK rate from Far East to North Europe & Med
10:12 Hapag-Lloyd announces new Saudi Arabia Export Detention Tariff
08:10 Teekay Offshore Partners awarded new North Sea shuttle tanker contracts

2016 September 24

11:04 MCO-B holds opening ceremony marking start of full-scale operations
10:07 Hantong Ship Heavy Industry launches 38000DWT stainless steel chemical tanker
10:02 Polarcus awarded XArray project in Europe
09:01 MSC starts a new service connecting Koper with Turkey
08:59 Hamburg Süd receives gold rating from EcoVadis

2016 September 23

18:24 Rolls-Royce appoints Stephen Daintith as CFO
18:06 Cargotec plans to re-organise operations at the acquired maritime software company INTERSCHALT
17:50 BWB signs youth sailing team name sponsorship agreement
17:36 Agility joins Maersk Line Carbon Pact initiative to cut CO2 emissions
17:20 Murmansk Commercial Seaport forecasts a 1-pct increase of coal transshipment to 13.77 mln t in 2016 (photo)
17:14 LNG terminal at port Vysotsk included into area planning scheme of the Russian Federation
17:00 Maersk Line implements FAK rates from Asia to East Coast South America
16:49 Toll announces $170 million investment to support Bass Strait trade
16:34 Morten Engelstoft appointed CEO of APM Terminals
16:32 Stena Line to add extra North Sea freight capacity on Rotterdam to Killingholme route
16:04 OPDR and MacAndrews upgrade their fleet with 4000 new pallet wide high cube containers
15:31 Fincantieri and CSSC ink agreement for first new Chinese cruise ships
14:23 USCG confirms Optimarin first in line for ballast water approval
13:46 Minister of State opens state-of-the-art vessel traffic equipment at ABP Southampton
13:21 Evgeniy Moroz appointed as Deputy Director of Rosmorport’s Vanino Branch (Photo)
12:55 Check points at Free Port of Vladivostok start round-the-clock operation from October 1, 2016 (photo)
12:32 The Switch, a Yaskawa company, to acquire Wärtsilä Drives’ products
12:00 FESCO launches new block train Vladivostok-Minsk to expand network of routes through the Russian Far East
11:29 Gazprom discovers new field on Sea of Okhotsk shelf
11:04 Throughput of Yug-2 terminal (port Ust-Luga) will grow to 6.5 mln t by 2020 (photo)
10:38 Port of Singapore throughput up 0.5% to 392.7 mln t in 8M’16
10:17 Brent Crude futures price down 0.57% to $47.38, Light Sweet Crude – down 0.73% to $45.98
10:00 Throughput of Ust-Luga port to grow by 13.6% to 100 mln t in 2016
09:56 Vard secures contract for two more module carrier vessels for Topaz
09:45 Ports of Ust-Luga and Kiel sign Memorandum of Understanding (photo)
09:19 Baltic Dry Index up to 937 points

2016 September 22

18:26 Pacific Drilling launches consent solicitation
18:22 Hiab gives extended warranty for all HIAB loader crane models
18:19 Jan De Nul NV and Parkwind complete installation of foundations for the Nobelwind wind farm
18:17 Wärtsilä wins Nacos Platinum systems contract for four new cruise ships
18:12 Philly Shipyard celebrates keel laying milestone for third product tanker for Kinder Morgan
18:10 ABS introduces industry-leading Guide on Subchapter M
17:58 Draft rules for subsidizing of shipbuilding costs brought up for public discussion (document)
17:52 Vard marine design selected for USCG offshore patrol cutter
17:30 Panama accedes to ship recycling convention
17:26 India to boost coastal transportation of vehicles through Ro-Ro vessels
17:04 Grouping of Combined Arms Forces deployed in the Barents Sea in the course of Northern Fleet exercise
16:36 Joint tactical exercise in the Arctic involves the ships of RF Navy's Northern and Pacific Fleets
16:17 Number of SCF Black Sea Tall Ships Regatta participants increased by 30% from 2014 (photo)
15:51 ABB powers award-winning hybrid ferry with its Onboard DC Grid
15:20 ABB’s new Azipod XL shortlisted for award only weeks after launch
14:49 MABUX: High volatility on bunker market before the meeting in Algiers
14:48 Lead ship of a series of mine countermeasures vessels built by Sredne-Nevsky Shipyard commences state tests (photo)
14:23 Laky Verf (Leningrad Region) launches first boat of Project 12М (photo)
13:55 16 violations of NSR navigation rules registered this year (photo)
13:19 Rosterminalugol loaded 108,872 t of coal, the largest consignment in terminal history (photo)
13:01 CMA CGM announces new FAK from Asia to North Europe
12:40 Fuel oil prices go up in the Far East ports (graph)
12:22 Scope of dredging at Makhachkala port’s water area will total 465,000 cbm this year (photo)
12:01 Marine simulator BMT REMBRANDT gets additional certification
11:30 Port of Oakland eases worry over bankrupt Hanjin Shipping boxes