• 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.


2014 April 18

18:06 SITC establishes new company in Shanghai FTZ
17:50 Throughput of Ukraine’s river ports up 17.6% to 523,300 t in QI'14
17:25 North-West Basin Branch icebreakers to participate in icebreakers festival (photo)
17:06 CIMC Raffles' semisubmersible accommodation rigs begin working for Petrobras
16:48 Throughput of Ukraine’s seaports up 4.8% to 36.72 mln t in QI'14
16:20 Tanker Mikhail Ulyanov commences oil transportation from Russia’s offshore Arctic project
16:16 USCG set to start salvage of grounded bulk carrier in Virginia Beach
15:44 Russian Maritime Register of Shipping participates in Arctic Shipping Forum
15:03 Damen Schelde Naval Shipbuilding lays keel for first SIGMA 10514 PKR Frigate
14:15 Throughput of Universal Reloading Complex LLC (Ust-Luga) up 23% to 914,000 t in QI'14
14:13 Grey seal pup found at Bronka site is alive and well (photos)
13:56 Shipyard Pella launches tugboat Griphon-8 of project 90600 (photo)
13:33 Tanker Mikhail Ulyanov to commence oil transportation from Russia’s offshore Arctic project
12:44 TGE Marine wins further contracts for LNG fuel gas systems
12:07 Van Oord has acquired all shares of its Spanish subsidiary Dravo S.A.
11:40 Royal Caribbean to homeport its brand new Quantum of the Seas in China
11:02 Throughput of Sea Port of Saint-Petersburg up 5% to 1.9 mln t in QI'14
10:37 Vega Biofuel delivers 3,000 tons of bio-coal to Europe
10:22 Baltic Dry Index down to 930 points
10:10 Nevsky Shipyard to lay down tanker of project 23130 for RF Defence Ministry and bulker of project RSD49 for NWSC on April 26
09:29 Oil price down to $109.53 in London and up to $104.3 in New York
07:07 Port of Rotterdam throughput down 0.2% to 109 million tonnes in Q1 of 2014

2014 April 17

21:26 Bunker fuel prices in St. Petersburg end the 16th week mixed (graph)
20:57 Russian Gov't Marine Board backs idea of building dredgers at Amur shipyards
18:51 Bunker prices to remain mixed next week
18:23 Cargotec appoints Roland Sundén to head Hiab business area as of 1 May 2014
17:22 Aker Solutions wins contract to deliver subsea production system for Total's Kaombo Development in Angola
17:05 EC welcomes Parliament's adoption of Maritime Spatial Planning legislation
16:30 Volga Shipping Company to lend RUB 25 mln to Oka Shipyard
16:22 Scorpio Tankers announces update on fleet transactions
15:59 MSC Mediterranean Shipping Company starts Africa Express Service
15:55 COSL renews cooperation contract with PEMEX for COSL3 module rig
15:40 Bunker prices in Far East ports continue declining in late 16th week (graph)
15:27 Ensco orders two ENSCO 140 series jack-up drilling rigs
15:22 Wilhelmsen Technical Solutions acquires Integrated Engineering Services
15:09 Antwerp Port Authority acquires General Motors site
14:46 There is promising port infrastructure in Crimea, Vladimir Putin says
14:32 BAE Systems selects Siemens Blue™ Drive Solution for new MSSCV
14:20 Far Eastern Shipbuilding and Ship Repair Center to secure orders for RUB 780 bln by 2025, Russia’s Deputy PM says
14:03 4 MOL-operated/managed vessels selected as 2013 "Best Quality Ships"
13:50 Considerable part of Russia’s Black Sea Fleet to be transferred from Novorossiysk to Sevastopol, Vladimir Putin said
13:32 Inchcape Shipping Services opens in Venezuela
13:04 VOS B.V. develops “walk-to-work” vessel concept
12:34 Ezion welcomes new investors to facilitate growth plans
12:29 Frio Petropavlovsk refuses access to the Paris MoU region
12:00 Damen launches Kuwait Oil Company’s new ASD Tug 3212
11:23 Rhode Island to have the largest Class-A Tall Ship in the U.S.
11:00 Saipem gets FPSO contracts in Angola worth more than $4 billion
10:41 Hapag-Lloyd and CSAV agree to merge and create the fourth largest container shipping company
10:37 MAN Diesel & Turbo ready to support IMO Tier III
10:09 Throughput of Izmail Commercial Seaport (Ukraine) up 42.9% to 841,250 t in QI'14
09:51 First oil shipment from Prirazlomnaya platform expected on April 18
09:36 Vanino Commercial Sea Port boosts coal transshipment by 27% to 1.1 mln t in QI'14
09:11 Oil price up to $109.6 in London and up to $103.76 in New York

2014 April 16

17:57 Odessa Commercial Sea Port to boost capacity to 10-12 mln t of grain by 2015
17:31 Damen developed conceptual design for Arctic class LNG-powered vessel
16:40 CIMC Raffles delivers "HYSY 932" jackup drilling rig
16:23 Atomflot to work with major clients under long-term contracts
16:22 Coast Guard monitoring damaged drilling rig in Gulf of Mexico
15:17 Throughput of port Gdansk (Poland) up 5% to 8.01 mln t in QI'14