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Sea Ports

Lekki Deep Sea Port Hit a Snag

The Layou Map: Tolaram Port@Lekki

 The absence of a plan to construct a rail link that will ease cargo evacuation will create delay in the Federal Government's commitment of $118 million to the construction of Lekki Deep Seaport in Lagos, as per a report in Daily Independent.   The deep seaport project is a $1.5 billion public private partnership project among the Federal Government (represented by the Nigerian Ports Authority), the Lagos State Government and the Tolaram Group, a Singaporean investor who are promoters of the project.   Lekki deep seaport, Nigeria’s biggest seaport project estimated to cost over $1.55 billion worth of investment capital, has set 2018 as its business commencement date as well as operational take-off date. This is as the construction work of the port project has been estimated to take a total of 47 months.   Already, the federal government has paid a total of N1 billion to the development of the project, according to the managing director of NPA, Habib Abdullahi. "The total amount of the federal government's stake in this project is $118 million. What we had as at last year was N1 billion and we have already paid that. We have already started making payments on this because there was an allegation that government has not started making payments. That is totally wrong. We have already paid our own dues as at last year." he said.  


Dawei, Burma, Deep Sea Port Offers Investment Opportunities

Logo credit BOI Thailand

Thailand's Board of Investment (BOI) says the joint deep sea port will also surge new business & foreign investment into Thailand. BOI believe that the Dawei Deep Sea Port and Industrial Estate in Myanmar (Burma) will become an important drive for economic growth in this region, offering a shortcut for logistics and bringing new business opportunities and foreign investment to Thailand. After conclusion on signing of Memorandum of Understand between Thailand and Myanmar to construct


Less Kazakh Crude, Pipeline Impacts Black Sea Liftings

Crude oil and refined oil product shipments from Georgia's Black Sea port of Batumi fell 22.7 percent in 2014 from a year earlier, a senior official at the terminal said on Monday. Bad weather in Kazakhstan, where the oil is produced, lower-than-expected output from the Kashagan oilfield at the beginning of the year and re-routing part of oil shipments to the Baku-Tbilisi Ceyhan pipeline contributed to the decline, said the official, who declined to be identified.


Thailand, Burma, Sign Dawei Port Development Agreement

Presidents of Thailand & Mynamar (Burma) agree on port development for deep-sea port to enable Malacca Strait bypass route. Thailand and Myanmar agree to set up a joint committee to follow up on economic cooperation that includes linking Myanmar's future Dawei deep-sea port with the Thai Eastern Seaboard. The deal came at the end of talks between Myanmar President Thein Sein and Thai Prime Minister Yingluck Shinawatra at Government House in Bangkok.


Mexico Plans Huge Air, Rail And Sea Terminal

The Mexican state of Veracruz on the Gulf of Mexico is planning to build a massive air, rail and sea cargo terminal for international trade, according to state officials. Veracruz officials are in talks with U.S. asset manager Alliance Capital and an international consortium that includes Mexican construction company Grupo Tribasa for the project, the first phase of which would cost $500 million. Working in conjunction with local authorities


Bulgaria Tries Again To Sell Shipyard

Bulgaria opened a new tender for an 80 percent stake in the state-owned shipyard in the second biggest Black Sea port of Bourgas and set a March 15 deadline for bids. An agency spokesperson said the agency would not set a minimum price in negotiations with potential investors, but would require a deposit of $400,000. The buyer would also be required to keep the shipyard's core business running for minimum three years


Kanoo to Reveal Latest Developments at Services Show

Kanoo Shipping – an offshore and marine services provider in the Middle East, operating throughout Saudi Arabia, Bahrain, UAE, Oman, Qatar, Yemen, Iraq and Sudan – will be present at the Saudi International Marine Services Show -2013 to demonstrate various services provided by the company including marine operations, shipbuilding, ship and rig repair division, engineering and construction services and sea ports operations.


ICS Pushes CO2 Compensation Fund

ICS logo.jpg

ICS Says CO2 Compensation Fund Could Help Sea Ports Adapt To Climate Change.   The International Chamber of Shipping (ICS), whose member national shipowners' associations represent more than 80% of the world merchant fleet, has participated at a special UNCTAD (United Nations Committee on Trade and Development) meeting in Geneva (29/30 September) to explore how the world's sea ports should prepare for adaptation to the threat of dangerous climate change.  


Batumi Oil Liftings Down 25 pct YTD

Crude oil and refined product shipments from Georgia's Black Sea port of Batumi were down 24.6 percent in the first 10 months of the year from a year earlier, a senior official at the terminal said on Monday. Bad weather in Kazakhstan, where the oil is produced, and lower-than-expected output from the Kashagan oilfield at the beginning of the year contributed to the decline, said the official, who declined to be identified.


Russia Sea Ports Throughput Up 5.7% in 2014

Image: National Association of Commercial Sea Ports

Russia's sea ports (including the ports of Crimea) handled 623.4 million metric tons of cargo in 2014, up 5.7% from 2013, according to the data from the National Association of Commercial Sea Ports.  The total throughput of liquid cargo fell by 0.8% during the period to 331 million metric tons, while dry cargo throughput increased by 14.1% to 292.4 million tons.    Transshipment of dry bulk cargo totaled 292.4 mln t (+14.1%) including 116.3 mln t of coal (+15.1%), 46


UN: Air Strikes on Yemen Port Could Worsen Aid Crisis

United Nations aid chief Stephen O'Brien said on Wednesday that air strikes by Saudi-led coalition airplanes on Yemen's Red Sea port of Hodeida were unacceptable and could worsen the country's humanitarian crisis.   Hodeida, controlled by Iranian-allied Houthi forces


Saudi-led Coalition Bombs Yemen's Hodeidah Port

Pic by Atlassian Confluence Community

 The Yemen's Red Sea port of Hodeida was seriously damaged and closed after the airstrikes of the Arab Coalition against Houthi, reports Reuters.   Warplanes from a Saudi-led coalition hit Yemen's Red Sea port of Hodeidah. The raids destroyed cranes and warehouses in the main entry


Peel Ports introduces Training Simulator on Site

Peel Ports - The crane simulator

  In anticipation of the arrival of five of the world’s largest cranes at the Port of Liverpool in the autumn, Peel Ports has introduced a state-of-the-art ‘virtual’ training simulator on site, designed to ensure all operators are ready to manoeuvre the giant structures


$500 mln LNG Terminal in Myanmar's Dawei

A graphical representation of the Dawei Special Economic Zone and deep sea port project. Courtesy: Roland Berger

 Thailand-based construction firm Italian-Thai Development is planning to construct a liquefied natural gas (LNG) import terminal at Dawei industrial zone Myanmar, with an investment of $500m says a news story in the Reuters.   A press release from Roland Berger


Virtual Crane Helps Liverpool Prep for Mega Ships

Inside the crane simulator (Photo: Peel Ports)

£500k investment in technology set to deliver world class operator training as Peel Ports prepares for mega ships at the Port of Liverpool   In anticipation of the arrival of five of the world’s largest cranes at the Port of Liverpool this autumn


Russia's Urals Export Higher from Baltic, Down from Novo

Russia is seen increasing its exports of Urals crude oil from its Baltic ports in August, while shipments from Novorossiisk on the Black Sea are expected to decline, a preliminary loading schedule showed on Friday. On the Baltic, Urals exports from Primorsk are expected to rise to 3


Cargo Volumes Rise at St Petersburg

Sea Port of Saint-Petersburg

  In the first half of 2015 the turnover of OJSC “Sea Port of Saint-Petersburg” (SP SPb) amounted to 4.3 mln tons, which is by 5% more than the indicator of the same period during the last year. Positive dynamics was caused by growth of handling volumes of main cargoes


Saudis Pump Out Diesel as Price War Looms

New Yanbu refinery powers Saudi fuel exports; Saudi exports more diesel end-July as peak Mideast demand over. The world's top crude oil exporter Saudi Arabia has turned itself into a major power of refined fuels, offering customers millions of barrels of diesel and potentially triggering a


TOS, AutoGates Boost Liverpool Port Throughput

Navis N4 Terminal Operating System

  Peel Ports, owners and operators of the Port of Liverpool, has achieved a major milestone in its multi-million investment programme to transform the port into Europe’s first semi-automated container terminal. The Navis N4 Terminal Operating System (TOS) and AutoGates are now live and


Caspian Sea Port Link Opened

President Nazarbayev launches construction of Borzhakty - Ersai railway in October 1 2014. Pic by Kazinform

 President Nursultan Nazarbayev has formally opened the Borzhakty – Ersai railway. The 13·9 km branch from the Aktau - Uzen line will serve a port which is being developed on the Caspian Sea near Kuryk.   Construction of the line including the laying of 22·3 km of


Navis N4 TOS Open in Liverpool Terminal

Photo: Peel Ports

Peel Ports, owners and operators of the Port of Liverpool, has achieved a major milestone in its multi-million investment program to transform the port into Europe’s first semi-automated container terminal. The Navis N4 Terminal Operating System (TOS) and AutoGates are now live and fully


Egyptian Vessel Sinks

Photo: Egyptian military spokesperson

 Taba, an Egyptian ferry, carrying passengers, cargo and trucks, sank in the Red Sea early on Sunday, according to state-owned news agency MENA.   The 6,600-gt Taba (built 1985) had capsized because the trucks on board the ship were parked mainly on one side


Mega Valemax Enteres China for First Time in Two Years

 Valemax “Yuan Zhuo Hai”. Pic: China Ocean Shipping Company (Cosco)

 Mega-ore carrier  Valemax  Yuan Zhuo Hai, which is owned by China Ore Shipping,  has arrived Dongjiakou Port in Qingdao for unloading iron ore. This is the first entry of such a bulk carrier tonnage in the sea port of China for the past two years.  


Russia to Cut Pipeline Oil Exports, Oil Transit

Photo: Novorossiisk Commercial Sea Port

Russia plans to cut oil exports by pipeline and oil transit by 0.6 percent to 52.5 million tonnes in the third quarter, quarter-on-quarter, trade sources citing a loading schedule said on Tuesday. The sources, who spoke on condition of anonymity


Ruscon Increases Business in Russian Market

Vladimir Bychkov (Photo: GCS)

Intermodal operator Ruscon reported it has increased its market share in Russia, maintaining a strong position in a country which has seen imports fall by 20 percent in the last 12 months. In the first quarter of 2015, Ruscon handled 32,250 laden containers compared to 28






 
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