• 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 March 5

20:38 IAA PortNews Development Director Nadezhda Malysheva became godmother to bunker tanker Gazpromneft Omsk (photo)
19:00 Flag-hoisting ceremony held for port service ship VTN-73 built by Pella shipyard (photo)
18:47 MABUX: Prices in the bunker market to remain volatile next week
17:50 190 vessels called at seaport Taganrog in winter navigation of 2014-2015 (photo)
17:34 Port of Gothenburg creates wetland for wildfowl
17:17 Throughput of Baltic Coal Terminal (Latvia) down 27% to 728,000 t in Jan-Feb’15
17:04 CMA CGM announces Chinese New Year additional blank sailing program on Far East-North Europe lines
16:46 Port Rostov-on-Don accepted 1,155 vessels during ice navigation period of 2014-2015 (photo)
16:34 Abu Dhabi Ports and Gulf Precast sign AED 50m Musataha Agreement
16:04 Port of Gothenburg builds new Energy Port
15:34 DP World announces fire on the Port of Vancouver container terminal
15:04 Revenue at Port of Rotterdam Authority up 3.1% to €660 million in 2014
14:53 Golar and Rosneft sign a Memorandum of Understanding for cooperation in the area of FLNG
14:31 Russian International Register of Vessels numbers 778 ships with aggregate deadweight of 3.6 mln t
14:23 MacGregor wins multiple offshore self-unloader order from Wuhu Xinlian Shipyard
14:19 IAA PortNews updates its page with new tenders for dredging contracts
13:55 Throughput of Klaipeda seaport (Lithuania) up 9% to 5.9 mln t in Jan-Feb’15
13:19 Bunker prices at Far East ports remained flat in late 10th week (graph)
13:04 UN agencies meet to address unsafe mixed migration by sea
12:40 Throughput of Rosterminalugol hit 2.4 mln t in Jan-Feb’15
12:25 Draft amendments into Compulsory Regulations on Port Taman put out for public consultation
12:04 Diana Shipping reports Financial Results for the Q4 2014
11:47 Throughput of Ukraine’s seaports up 3.2% to 23.4 mln t in Jan-Feb’15
11:20 97 civil ships and 39 warships were built in Russia in 2014
11:03 DP World meets Kazakhstan minister for trade and investment
10:50 Russia’s offshore oil and LNG should be secured to national flag ships from 2020, RF Transport Ministry says
10:34 Damen Shipyards Antalya opens Phase 2
10:26 Norwegian Cruise Line Holdings Ltd. appoints Andy Stuart President and Chief Operating Officer for Norwegian Cruise Line
10:15 Improvement of shipping companies’ efficiency is a priority of Russian Chamber of Shipping for 2015, RCS President says
09:32 Baltic Dry Index up to 559 points
09:18 Oil price down to $60.55 in London and up to $51.53 in New York

2015 March 4

19:43 RF Ministry of Transport calls on prolongation of Government Decree No 383 on subsidizing of shipbuilding
17:36 SeaIntel’s Global Liner Performance February 2015 Report ranks ZIM 5th among top-20 carriers
17:20 Morstroytechnology suggests creating ice melting ship for operation at port Sabetta (video)
16:35 CMA CGM announces GRR from all Asian ports to North Europe trade
16:20 Krylov Center prepares technical project of drill ship intended for round-the-year operation in the Arctic
16:05 Evergreen Line enhances Southeast Asia service
15:45 Colombian authorities detain Chinese vessel bound for Cuba with illegal cargo of gunpowder, captain arrested
15:24 The new Hamad Port Project (Qatar) starts operations
14:38 Exports of Azeri oil up 9.7% to 4.09 mln t in Jan-Feb’15
13:57 Throughput of Sea Commercial Port of Illichivsk up 21.1% to 2.74 mln t in Jan-Feb’15
13:19 Territory of Free Port Vladivostok can obtain visa-free status
12:08 NYK expands containership service linking Japan, Thailand, and Vietnam
11:33 Bunker prices at port St. Petersburg go up this week (graph)
11:22 Newbuild PSV ‘Blue Queen’ on first mission in the North Sea
10:53 E-marine marks start of ambitious fleet expansion with dock trials of first new vessel (photo)
10:24 Baltic Dry Index up to 553 points
10:05 DFDS Seaways to move the Ficaria Seaways from the Gothenburg-Immingham to its Rotterdam-Immingham route
09:51 Throughput of Vostochny Port OJSC up 10.4% to 3.4 mln t of coal in Jan-Feb’15
09:38 CMA CGM to implement a blank sailing program due to the Chinese New Year period
09:18 Oil price up to $61.02 in London and up to $50.52 in New York
09:06 Nufarm (Melbourne) to close its plant at Botlek in the port of Rotterdam
08:27 The world’s largest container ship arrives to Rotterdam
08:00 CMA CGM announces Rate Restoration Program from North Europe ports to all Red Sea and Middle East ports

2015 March 3

18:03 Vyborg Shipyard says delivery of icebreaker Novorossiysk (Project 21900М) delayed due to out-of-time financing and ruble devaluation
18:02 NewLead Holdings announces contract of affreightment for Newlead Markela
17:59 CMA CGM announces GRR from North Europe ports to the Far East
17:57 CMA CGM implements Port Congestion surcharge at Matadi port (DRC)
16:57 Bunker prices at Far East ports go up in early 10th week (graph)
16:04 James Fisher announces acquisition of Subtech Group Holdings