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Container Port

Port Design – Singapore Invites Entrants for US$ 1M Prize Competition

'Next Generation Container Port Challenge' (NGCP) competition announced by Singapore authorities Performance, productivity, sustainability - achieve these three targets in order to win the Next Generation Container Port (NGCP) Challenge's top prize of USD1 million. Jointly organised by the Maritime and Port Authority of Singapore (MPA) and the Singapore Maritime Institute (SMI), the NGCP Challenge seeks to identify ideas that will achieve a quantum leap in port performance, productivity and sustainability for a new generation of container port that is set 10 years in the future. The NGCP Challenge was officially launched by Capt M Segar, MPA's Assistant Chief Executive (Operations). Registration for the international competition is open till 31 July 2012. Participants will have to submit their proposals by 31 December 2012. Submissions will be evaluated by an international panel, comprising representatives from the Singapore government and the maritime industry. "The current landscape is such that high demands are placed on port infrastructure in the world. It is especially important for Singapore, as a land-scarce nation, to look for innovative proposals that will allow us to achieve an exponential leap in performance, productivity and sustainability. We believe that this competition will allow us to identify ideas that will not only benefit the Port of Singapore, but also revolutionise the entire container port industry


Hutchison To Hold 45 Percent Stake in Container Port Project

Hutchison Whampoa Ltd. would directly hold about 45 percent, not 65 percent, of the phase three of the Yantian container port project in the southern Chinese city of Shenzhen, a Hutchison official said on Thursday. She added that Hutchison has a majority stake in a foreign entity that would hold a 65 percent stake in the project. Through the investment entity, Hutchison would hold an "effective 45 percent", the official said.


Maersk's APM Snaps up 11 More Terminals

A Maersk Containership alongside during intermodal cargo operations (file image: Maersk)

Port operator APM Terminals, part of Denmark's A.P. Moller-Maersk, is buying 11 container ports from Spanish shipping and logistics group Perez y Cia to boost its presence in emerging markets and better serve bigger container vessels. No terms were given for the deal, which will increase APM Terminals' container ports to 74 from 63 including terminals in Colombia, Brazil and Mexico, but Nordea Markets estimated an enterprise value of around 1.35 billion euros ($1


TMEIC GE Awarded Contract in Peru

TMEIC GE is providing its MaxSpeed crane control system featuring TMdrive-10 controls, Programmable Logic Controller (PLC), and Crane Management Systems for DP World’s new container port in Callao, Peru, near the capital, Lima. The new container terminal with one million TEU capacity, will initially be constructed with two berths comprising 650 meters of quay line and 22 hectares of yard, and is expected to be operational second quarter, 2010


Admiralty Provides New ENC Coverage of Vietnam

The United Kingdom Hydrographic Office (UKHO) has announced new ENC (Electronic Navigational Chart) coverage of a key shipping route in Vietnam, providing greater navigational detail of the region. The three new ENCs cover the ports and approaches to Vung Tau, which includes the main container port of Cai Mep, and are only available through the Admiralty Vector Chart Service.   The new ENCs have been produced in response to increasing demand from shipping companies for fully


Adani, Terminal Investment to Create Transhipment Hub at Mundra

Mundra port Courtesy Adani Ports & SEZ limited

  Adani Ports & SEZ Ltd (APSEZL), part of the Adani Group, today said it will expand its existing terminal Adani International Container Terminal Private Limited (AICTPL) at its flagship Mundra port. AICTPL is a 50:50 JV with Terminal Investment Ltd, an arm of Swiss-based Mediterranean Shipping Company S.A, the second largest shipping liner in the world. The expansion is being carried out to create a transhipment hub for the Middle East, South Asia and India.


Maersk to Buy Perez v Cia Box Terminals

Port operator APM Terminals, part of Denmark's A.P. Moller-Maersk said on Friday it has agreed to buy the remaining 39 percent of Grup Maritim TCB and be sole controlling shareholder of the company which operates 11 container ports. The enterprise value of the total transaction is approximately $1 billion, it said. The port operator said on Sept 8 it has agreed to buy 61 percent of Grup Maritim TCB from Perez y Cia.


Adani Gets Green Signal on Vizhinjam Port Project

Image: Vizhinjam International Seaport Limited (VISL)

 The Kerala state government has issued an order to hand over consent letter to Adani Ports and Special Economic Zone Ltd (APSEZ) for establishing the Vizhinjam port.    Within seven days Adani group has to give an official reply. Ports Minister K Babu said the final agreement will be signed within 45 days.    Kerala Chief Minister Oommen Chandy said with the handing over of the consent letter all allegations being raised about the opposition to Adani Group has


Drewry Publish 2014 Review of Container Terminal Operators

Report frontispiece: Image DMR

Drewry inform that the 2014 edition of their Annual Review of Global Container Terminal Operators is now available to purchase online. Drewry add that this industry review, with forecasts, has some of the most insightful and detailed analysis available in the market today. Entering its 12th year of publication the report is unmatched by others and Drewry continue to enhance and add new content each year. The report covers:


“Super Cranes” Delivered at Algeciras Port

The Zhen Hua 25 at berth in the Port of Alegciras (Credit ISS)

Four STS cranes, the largest in their category, have been brought onshore at Algeciras port in Spain, and ready for to be commissioned. Inchcape Shipping Services (ISS) was recruited by ZPMC to moderate the break bulk carrier, Zhen Hua 25, and manage the discharge of her cargo in a safe and timely manner. The cranes, which stand at over 100m , are to be used at the APM Terminal, specifically to service new Triple E Class container ships


JNPT Now Harnessing Solar Power

Photo: Jawaharlal Nehru Port Trust

 India’s largest container port, Jawaharlal Nehru Port Trust (JNPT) will now harness solar energy and reduce its dependency on conventional electricity from the grid.  JNPT is installing solar power plant on several rooftops in its township and commercial premises.  


SGX sees Baltic buy boosting Asian freight derivatives

file image (Credit: BSM)

Singapore Exchange Ltd (SGX) sees the potential to develop new freight derivatives centred on active Asian shipping routes and expand the use of freight derivatives with its acquisition of London's Baltic Exchange, a senior SGX official told Reuters.


COSCO Sees Piraeus in Top Thirty by 2018

Photo: Piraeus Port Authority

COSCO Shipping, plans to ramp up container volume at Greece’s biggest port in Piraeus by 35 percent by 2018, the port’s new managing director, Fu Cheng Qiu, said, reports Reuters.   China's biggest shipping company, which owns the world's fourth-largest container shipping fleet


JNPT Rolls Out Holding Yard Operations in 6 Hectare Land

Jawaharlal Nehru Port Container Terminal. Photo by Jawaharlal Nehru Port Trust

 Jawaharlal Nehru Port Trust (JNPT), India’s No.1 container port, has commenced holding yard operations in a six-hectare land at the Jawaharlal Nehru Port Container Terminal (JNPCT). approach roads to further ease out congestion and streamline the traffic to the terminal.   


Salalah Port's Volume Surges

Salalah container berth

Container throughput at the Port of Salalah, part of the APM Terminals Global Terminal Network, reached 1.584 million TEU* in the first half of 2016, representing a 29% increase over volume handled during the same period the year prior. The completion of a new deep-water General Cargo and


Hanjin Gets US Court Order, Cash to Unload Ships

File photo: Hanjin

A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports.   South Korea's Hanjin asked U.S. Bankruptcy Judge John Sherwood to issue an order that would prevent


September US Retail Imports Strong

File photo: Port of Los Angeles

Import cargo volume at the US’ major retail container ports should be at near-peak levels this month even as retailers work to cope with the Hanjin Shipping bankruptcy, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates


India's Shipping Sector to Boost Economy of Coastal States

Union Minister for Shipping, Highways and Surface Transport  Nitin Gadkari discus with Rajive Kumar Secretary, Ministry of Shipping. Photo: PIB Mumbai

 The last two years have marked a new high for the Indian Maritime sector, including the Ports as  the Ministry of Shipping is keen to develop the Indian Ports to international standards both in terms of efficiency and infrastructure.  


Advent Hires Banks to Sell Control of Brazil Port

Buyout firm Advent International Corp has hired Morgan Stanley & Co and Grupo BTG Pactual SA to advise on the sale of a controlling stake in TCP Terminal de Contêineres de Paranaguá SA, Brazil's second-busiest container port


Cosco Eyes Spanish port of Algeciras

Photo by Port of Algeciras

 Algeciras Bay Port Authority in southern Spain has put up a tender for its third container terminal, and China's Cosco Shipping Ports is already being mentioned as a fore runner candidate, says a report by Caixin.   According to port authority


Jawaharlal Nehru Port Goes for External Commercial Borrowing

Photo: APM Terminals Mumbai

 India’s premier container port, Jawaharlal Nehru Port in Navi Mumbai, has signed an agreement with State Bank of India and Development Bank of Singapore for External Commercial Borrowing (ECBB) to the tune of USD 400 Million at a “very competitive” interest rate to improve


US Retail Imports Turn Toward Holiday Season

Port of Savannah (Photo: Georgia Ports Authority)

August should be the busiest month of the year for import cargo volume at the nation’s major retail container ports now that retailers have stocked up for back-to-school and are getting a head start on holiday season merchandise. That’s according to the monthly Global Port Tracker


Los Angeles Port Fellows Program Makes an Impact

Julio Miranda, left, Shelton Shi and Emily Yen Photo Port of Los Angeles

As the maritime industry continues to evolve, the need for developing well-trained, knowledgeable and tech-savvy port leaders of the future has never been greater. Last April, the Port of Los Angeles announced its first-ever Fellows Program


M&A Deals Change the Landscape in the Container Ports Industry

Table: Drewry Shipping Consultants Limited

 Softening demand growth coupled with larger liner shipping alliances and bigger ships is moving the container ports industry towards a value sector from growth sector, albeit still highly profitable, according to the Global Container Terminal Operators Annual Report 2016 published by global


Moody's: Challenges Ahead for Asian Port Operators

Mundra Port. Photo: Adani Group

 Moody's Investors Service says lackluster global growth, weak commodity prices, high capital expenditure commitments and a liner industry struggling with overcapacity is testing the resilience of Asian port operators.   "While the rated port operators in Asia have scope for cost






 
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