• 2008 October 3 13:01

    APM Terminals to invest Rs250 cr in capacity expansion at Jawaharlal Nehru Port

    The world’s third biggest container port operator, APM Terminals International BV, will invest about Rs250 crore to buy equipment and expand capacity at its container handling facility at Jawaharlal Nehru Port, or JN Port, in Navi Mumbai.
    “We are buying 13 new cranes and also paving 18 hectares of backup land that will boost capacity at the terminal by another 500,000 twenty-foot equivalent units (TEUs) by the first quarter of next year,” Arvind Bhatnagar, chief executive officer at Gateway Terminals India Pvt. Ltd told Mint. A TEU is an industry measure of cargo containers.
    Gateway Terminals is 74% owned by APM Terminals, the container terminal operating unit of Danish shipping and oil conglomerate AP Moeller-Maersk AS. State-run rail hauler of containers, Container Corp. of India Ltd, or Concor, holds the remaining 26%.
    Bulk transport: A cargo handling terminal at Jawaharlal Nehru Port in Navi Mumbai, the largest container port in India. Ashesh Shah / Mint
    Bulk transport: A cargo handling terminal at Jawaharlal Nehru Port in Navi Mumbai, the largest container port in India. Ashesh Shah / Mint
    The new equipment includes two cranes currently being built at China’s Shanghai Zhenhua Port Machinery Co. Ltd, or ZPMC, and another 11 being built at Sweden’s Kalmar Industries AB.
    The container facility currently has 37 cranes that are used to lift containers. Some of the new cranes will be able to lift two containers at the same time. “This will improve our productivity significantly,” Bhatnagar said.
    Gateway Terminals started operations in May 2006 at its 1.3 million TEU-capacity a year terminal. The firm won the rights to develop and operate the new terminal for 30 years starting 2006 through competitive bidding. The new facility handled 1.29 million TEUs—its designed capacity—in the 12 months to March 2008. The new equipment and yard space will help the company boost capacity to manage 1.8 million TEUs.
    The logistic firm’s expansion will help the port expand at a time when it is facing an acute capacity crunch. India’s biggest container port, handling some 60% of the container cargo of about 7 million TEUs a year managed at all the ports in the country, is operating well beyond its designed capacity.
    The port’s plan to raise capacity is delayed after it failed to finalize a contract recently to deepen its channel to allow bigger ships to call. The expansion also depends on the proposed dedicated railway freight corridor linking Mumbai with northern India.
    Container cargo at the state-owned port grew 23% to 4.06 million TEUs in the 12 months to March. Its three container handling facilities are designed to handle only 3.6 million TEUs.
    Besides Gateway Terminals, the other two container facilities are run separately by the India arm of DP World Ltd and the port authorities themselves.
    “There is a big demand for capacity creation at JN Port. And, it’s not easy to bridge the gap between demand and supply. So, what is required is innovative ideas and out-of-the-box thinking,” Bhatnagar said.

2024 August 31

16:03 Salvage of stricken oil tanker in Red Sea expected soon – Reuters
15:41 MSC enhances Santana and Carioca services for improved connectivity
14:13 LR commences IECRE certification of Carnegie Energy's CETO Wave Energy Converter
12:28 MSC MARIE ship sets record for largest cargo capacity – ACP
10:57 ONE launches BT2 service for extended coverage in Eastern Black Sea market (BT2)

2024 August 30

18:08 Dutch shipping firm Amasus installs WAPS on general cargo vessel
17:36 Japan coast guard plans to build its largest patrol vessel
17:06 Hexagon Purus Maritime supplies Freire Shipyard with hydrogen fuel system for new Greenpeace vessel
16:39 APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 mln
16:23 TT calls for concerted effort to arrest ship fire proliferation
15:44 COSCO SHIPPING builds twelve 14,000 TEU dual-fuel methanol container vessels
15:13 MAERSK SHEKOU collides with the tall ship in Australia
14:45 Global schedule reliability drops by 2.1 percentage points in July
14:15 New generation Parramatta class ferry enters service in Sydney
13:44 ClassNK publishes estimated leak frequencies of ammonia fuel from onboard components for ammonia-fueled ships
12:52 TMC wins large contract to equip 17 LNG vessels
12:23 ClassNK awards first-ever notation for safe transportation of EVs to MOL’s car carrier “CERULEAN ACE”
11:42 Samskip joins TECO 2030’s Horizon Europe project “HyEkoTank”
11:25 LR awards approval in principle for two Shiptec zero-emission hydrogen passenger ferries
10:58 Holland Shipyards Group secures contract for innovative floating hotel
09:58 Brunvoll to upgrade propulsion systems of two ice-class vessels of Utkilen AS

2024 August 29

18:00 Brunvoll signs contract with Aas Mek Verksted for the delivery of a propulsion, manoeuvring, and positioning system for new live fish carriers
17:31 Cepsa commences supply of biofuels to Norwegian Cruise Line Holdings at the Port of Barcelona
17:17 Uniper opens new storage facility for green hydrogen in Krummhorn, Bavaria
16:47 Mainstream Renewable Power and Ocean Winds project awarded Environmental Impact Assessment for 1.1 GW floating offshore wind farm in South Korea
16:24 Low water hampers Rhine river shipping in Germany
15:58 NKT finalizes the Shetland HVDC Link supporting the transition to renewable energy of Great Britain
14:42 Panama Canal Authority sees Rio Indio project as answer to future droughts
13:42 TotalEnergies launches a floating offshore wind pilot project to supply renewable electricity to an offshore oil & gas platform in the North Sea
13:22 Hapag-Lloyd takes delivery of dual fuel LNG Hamburg Express
12:37 Bunker price trends in the world's four largest hubs, Aug 26-30 – MABUX
12:34 Noatum acquisition propels AD Ports Group into global top 20 of container port operators in new industry ranking
12:10 New Times Shipbuilding orders MAN main engines for 12 container vessels for Eastern Pacific Shipping
11:39 Guangzhou Shipyard orders energy efficient compressors for hospital ship
11:20 OOCL and partners collaborate to advance low-carbon shipping with biofuel
10:40 Celsius takes delivery of new LNG carrier from Samsung Heavy Industries
10:09 Asia Pacific Shipping orders two LPG carriers from Chinese Jiangnan Shipyard
09:40 Hengtong Group takes delivery of the 1600T Wind Power Installation Platform
09:04 The Panama Canal introduces modifications to the Transit Reservation System Tariffs

2024 August 28

18:04 DNV awards AiPs to DSIC for two types of LCO2 carriers
17:45 GasLog takes delivery of the first of four LNG carriers from Hanwha Ocean
17:28 Kotug International to support ENI’s Congo LNG project with advanced marine services
16:36 ClassNK releases “FAQs on the FuelEU Maritime (3rd Edition)”
16:15 Silverstream reaches over 200 orders with new 18-strong LNG carrier deal
15:46 Vard to build a second hybrid Ocean Energy Construction Vessel for Island Offshore
15:21 ABS Wavesight kicks off 24th Annual Nautical Systems User Conference
14:20 Iran’s trade with 15 neighboring states up 16% in 5 months
13:20 NYK participates in AZEC ministerial meeting
12:41 WinGD takes hundredth order for VCR technology for dual-fuel X-DF engines
12:20 UK to spend 10.5 million pounds to prepare ports for new EU border checks
11:41 CMA CGM AIR CARGO announces delivery of third Boeing 777-200F and launches new Trans-Pacific service
11:02 Two of Utkilen AS’s ice classed vessels to receive upgrades from Brunvoll
10:30 Anemoi partners with NAPA to maximise Rotor Sail benefits with voyage optimisation
10:07 Zeabuz signs LOI to deliver Norway’s first green autonomous ferry
09:45 Technip Energies to design groundbreaking low-carbon hydrogen facility for bp in the United Kingdom

2024 August 27

18:00 Several trade agreements signed between Panama and China
17:31 Bunker suppliers in Japan brace for Typhoon Shanshan impact
17:02 BIMCO: Container ship contracting spree now exceeds 10 million TEU
16:44 Royal Caribbean signs agreement with Meyer Turku for the next Icon Class ship
16:24 RS completes review of a multipurpose nuclear support vessel design
16:15 Panama Canal to implement a new long-term slot allocation methodology from October 1, 2024, except LNG and LPG
15:37 SITC signs the tripartite strategic cooperation memorandum with SIPG and Hisense
15:13 Port Houston container volume down 5% in July 2024
14:49 R/V Professor Gagarinsky sets on its mission to study the consequences of the Fukushima nuclear waste water discharge
14:45 First LR class notation for onboard carbon capture system assigned to Eastern Pacific Shipping tanker
14:25 Kongsberg Maritime’s rim-drive thruster achieves Silent-E notation for quieter offshore operations
13:24 COSCO orders Kongsberg Maritime technology package for fifth Cadeler jack up newbuild
12:53 “K” Line, MOL, NYK, Mitsubishi Shipbuilding, Imabari Shipbuilding, JMU, and Nihon Shipyard start a joint study to establish standard specifications and designs for LCO2 carriers
12:26 Robert Allan delivers first Z-Tech tug to PSA Marine
11:58 OOCL сelebrates the naming of its last newbuilding in the 24,188 TEU Series