The container and gross tonnage handling across all Colombian ports will undergo expansion in 2015, cementing a return to growth following a 2013 downturn, says BMI’s Colombia Shipping Report. "The domestic container demand will be more muted than we expected, as falling oil prices will weigh on economic growth. We have revised down our real GDP forecast for 2015 from 4.9% to 3.9%, and our Cartagena container throughput forecasts correspondingly," says the report. The port of Cartagena will see total tonnage volume increase by 4.5% to 21.63mn tonnes in 2015, and will average growth of 5.3% to 2019. Container traffic at Cartagena will grow by 7.9% to 2.22mn twenty-foot equivalent units (TEUs) in 2015. Growth to 2019 will average 9.4%. Volume at the Pacific port of Buenaventura will rise by 3.3% to 9.72mn tonnes in 2015, while container traffic will rise by 4.8%, to reach 526,999TEUs.
V.O.Chidambaranar Port Trust, Tuticorin, has crossed the previous year’s traffic of 28.642 million tonnes on Feb 27, 32 days ahead of the current financial year closing by handling 28.849 million tones (upto Feb 27). According to a statement from the VOC Port Trust, the Port crossed the previous year’s (2013-14) Container traffic volume of 5,07,735 TEUs on March 3, by handling 5,08,678 TEUs of Container Traffic during the current year (as on March 3).
The launching of Lykes Runner on August 29, rounds out the retonnaging of Lykes Lines' North America - Africa Service, East Coast Loop. This multi-purpose Astrakan Mark 3 RoRo ship joins four sisterships already on the service, operating every two weeks between Canada, the U.S. and South Africa - all of which can carry breakbulk, bulk and container traffic - including refrigerated cargo, automobiles and other rolling stock.
Germany’s largest universal port reported the effects of weakened Chinese foreign trade plus the steep downturn in trade with Russia during the first nine months of the year. Totaling 104.6 million tons, seaborne cargo throughput in Hamburg was down 4.8 percent from last year, despite higher bulk cargo handling in the first three quarters of 34.3 million, up 8.7 percent. Meanwhile, container throughput in the first nine months totaled 6.7 million TEU, down by 9.2 percent.
Peninsular and Oriental Steam Navigation Co.'s Sri Lanka unit reported a sharp increase in container handling in its first year of operation to August 2000. "In just 12 months, productivity levels have doubled and South Asia Gateway Terminal Pvt Ltd (SAGT) has handled 261,787 20-foot equivalent units.... a 40,682 teu increase over the year before period," SAGT said. "... (the group) is well on course to achieving its ambitious target through an effective mix of international and local
A new liner service from shipping company CMA CGM The French Line is connecting Hamburg with Australia and New Zealand. Melbourne, Sydney, Brisbane, Auckland, Lyttelton, Melbourne, Adelaide, Jakarta, Port Kelang, Chennai, Colombo, Djibouti, Jeddah, Damietta, Malta, La Spezia, Tilbury, Hamburg. On the return leg the service's 13 ships of 2,500 to 2,800 TEU container capacity also call at the port of Chennai, previously Madras
PT. Pelabuhan Indonesia II (Persero) (“IPC”), Mitsui & Co, Ltd. (“Mitsui”), Nippon Yusen Kabushiki Kaisha (“NYK Line”) and PSA International Pte Ltd (“PSA”) have agreed to jointly participate in the construction and operation of a new container terminal at Tanjung Priok Port, Jakarta, Indonesia. This new terminal will be developed and operated by the newly established project company PT New Priok Container Terminal One
On Monday, 03 August 2009, the first containers that were brought from Berlin to the Port of Hamburg via the new Elbe-Spree inland waterway were unloaded. The line operated by the Berlin Hafen- und Lagerhaus AG in cooperation with Konrad Zippel Spediteur GmbH from Hamburg will now be used for transports from City-GVZ Berlin Westhafen to the Hamburg container terminals and vice versa every week. The inland water vessel MS Shir Khan has a transport capacity of 54 TEUs (standard
Construction has begun on the long-awaited Port 2000, a $600 million expansion of Le Havre's container facilities in its first phase, which, on completion, will provide 12 quayside berths with a total length of 2.5 miles for post-Panamax vessels. The new container terminal will enable the Port of Le Havre to keep pace with its rapid growth in container traffic, which topped 50 percent over the past five years, according to Lacave
South Carolina Ports Authority (SCPA) informs it has handled nearly 15 percent more pier containers fiscal year to date than the same period last year, with total box volume through April climbing to nearly 900,000 containers. SCPA handled 96,166 pier containers in April, compared to 86,505 boxes moved during the same month last year. The port plans to handle more than 1 million containers by the completion of its fiscal year on June 30.
UK container traffic will see more muted growth than expected a few months ago, at least in the short term, says Drewry. Patrick Walters, Peel Ports’ Group Commercial Director, believes that the bigger Brexit-related risk for UK container ports is a short-term negative impact
Navis has announced a new N4 terminal operating system (TOS) licensing agreement with Italian terminal, Trieste Marine Terminal (TMT). TMT selected the Navis TOS to optimize the terminal’s operational cycle and lower costs. The ultimate goal is to increase TMT’s efficiencies
Last week Antwerp Port Authority signed a collaboration agreement with Shahid Rajaee Port Authority which controls the port of Bandar Abbas in Iran. Bandar Abbas accounts for 90% of the in- and outgoing containers of Iran and for nearly half of the 200 million tonnes of freight handled by
Rising imports fueled higher container traffic at the Port of Long Beach in June, leading to a 3.4 percent overall volume increase over the same month last year, the port reported. The Port of Long Beach handled 603,339 TEUs (twenty-foot-equivalent units) during the month
The total volume of the Panama bunker market has increased in recent years as price levels are becoming increasingly competitive to U.S. bunker hubs like Houston, New Orleans and New York. In 2015, reports indicate that approximately 5 percent of the global trade passes through the Panama
Throughput at Cai Mep International Terminal, the APM Terminals facility in Vietnam’s Ba Ria‐Vung Tau province, southeast of Ho Chi Minh City, expanded by 130 percent in the first quarter as new service calls added in 2015 began to impact volumes.
Cai Mep, Vietnam - With five new services calls added to Cai Mep International Terminal (CMIT) since May of 2015, container volume has surged by 130% to 277,303 TEUs for the first three months of 2016, as compared with the same period a year ago
Terminal operators at Broward County's Port Everglades say they are already equipped to help shippers handle the new international container weight verification requirements that go into effect on July 1, 2016. Certified scales are available at several locations throughout Port Everglades
French port Marseille Fos handled 20.17 million metric tons of cargo from January to March in a near identical repeat of last year’s first-quarter result. General cargo rose 1 percent to 4.49MT led by container growth at Fos, which gained 3 percent for 263,038 teu
France is an attractive investment location for DP World’s projects related to infrastructure development, port centric development, distribution and export hubs, rail freight, customs, and other logistics topics, said DP World Group Chairman and CEO Sultan Ahmed bin Sulayem.
DP World Group Chairman and CEO HE Sultan Ahmed bin Sulayem recently met the President of France, Francois Hollande and senior government and business leaders at a major investment summit at the Élysée Palace in Paris. France’s attractiveness as an investment location and DP
The board of Jawaharlal Nehru Port Trust (JNPT), India’s biggest container port, has approved Rs 2000 crore ($301 mln) dredging operation of the channel between Bombay Port Trust (BPT) and its own end to facilitate bigger ships docking/berthing at the port premises.
Global Ports Investments PLC's container traffic slumped 31 percent and revenue sank 28 percent in 2015. Global Ports Investments' revenues fell to USD405.7 million in the year to the end of December. Net loss of the port operator in 2015 amounted to $33.7 million versus $197
Container traffic through Kenya's biggest port grew by 7.5 percent in 2015 after new cargo-handling infrastructure was built, shortening the turnaround time for ships, port management said on Tuesday. The Indian Ocean port of Mombasa
RUSCON has shown strong growth in 2015 despite a significant fall in Russia’s overall container traffic. The company reported a 32% increase in export traffic, compared with the Russian total of a mere 1.6% rise in exported containers