COSCO Sees Piraeus in Top Thirty by 2018
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, bought 51 percent of the port's operating company last month for 280.5 million euros ($315.5 million), one of Greece's biggest and most strategic privatizations since a debt crisis began in 2009. COSCO wants…
Port House, Antwerp inaugurated
The new Port House in Antwerp repurposes, renovates and extends a derelict fire station into a new headquarters for the port – bringing together the port’s 500 staff that previously worked in separate buildings around the city. With 12 km of docks, Antwerp is Europe’s second largest shipping port, serving 15,000 sea trade ships and 60,000 inland barges each year. As the threshold between the city and its vast port, Mexico Island in Antwerp’s Kattendijk dock on Quay 63 was selected as the site for the new head office.
Port of Va. Signs Long Lease for International Gateway
Governor Terry R. McAuliffe on Wednesday announced that The Port of Virginia has signed a new, long-term lease for Virginia International Gateway (VIG) that clears the way for the port to begin work on doubling capacity at the deep-water container terminal. “This is an historic event for The Port of Virginia,” Gov. McAuliffe said. The new lease, which was negotiated during a two-year period, will give the port oversight of and operating rights at the terminal until 2065. Further…
New Vessel Traffic Equipment at ABP Southampton
Associated British Ports marked the latest in a series of multi-million dollar investments in the port of Southampton by inviting the Rt Hon John Hayes CBE MP to open its brand new vessel traffic service (VTS) operating room, (September 21). The Minister of State at the Department of Transport was in attendance as Britain's leading ports company revealed its $5.2m investment in a new office with state-of-the-art equipment at Ocean Gate, Southampton, which will be manned on a 24/7 basis.
Adani buys Australian Port Operator from Glencore
A unit of India's Adani Enterprises Ltd will buy the company that operates Australia's Abbot Point Coal Terminal from Glencore Plc for A$19.25 million dollars ($14.52 million), ending a legal wrangle over control of the port. The statement from Adani and Glencore said Adani Ports and Special Economic Zone would purchase the port operator, Abbot Point BulkCoal Pty Ltd, pending regulatory approvals. Adani Enterprises, India's biggest private sector coal trader, acquired the Abbot Point Coal Terminal port from the Queensland government in 2011, considering it a key part of its plan to ship coal from Australia to India and for other exports.
DP World London Gateway Adds New Shipping Service
DP World London Gateway Port has announced a new shipping service to Australia, the Mediterranean and other key markets. CMA-CGM’s NEMO (North European Mediterranean Oceania) and Hapag Lloyd’s EAX (Europe, Australia Express) combined service will begin calling at DP World London Gateway Port in early January 2017, with CMA CGM’s Rossini as the first to call on the service. The new business will mean DP World London Gateway is handling all of the UK’s direct services to Australia.
Libya Exports First Oil Cargo From Ras Lanuf Since 2014
An oil tanker left the Libyan port of Ras Lanuf for Italy early on Wednesday with the first crude export cargo from the terminal since at least late 2014, boosting hopes of reviving Libya's battered oil output. The port manager of Ras Lanuf said a second tanker was preparing to load at the terminal, one of four seized on Sept. 11-12 by eastern Libyan forces loyal to military leader Khalifa Haftar. Libya's National Oil Corporation (NOC) has welcomed a promise by Haftar's forces to allow the NOC to control the ports.
Construction of Stockholm Norvik Port Begins
The start of construction of the Stockholm Norvik Port and Norvik Logistics and Business Park was celebrated on 16th September. The ceremony was a well-attended and festive event for both commerce and the general public. Stockholm is one of Europe’s most rapidly growing capital cities and freight volumes are constantly increasing. To facilitate the sustainable and efficient supply of goods to the region Ports of Stockholm is building a new port for rolling goods and container traffic at Norvik, close to Nynäshamn.
Little Rock Port Authority Reports August Shipping
Total barge tonnage through the Port of Little Rock in August was 57,000 net tons. Dock activities continue to compare favorably to calendar year 2015 as Logistic Services, Inc. has handled 347 barges during the first half of 2016 year and 560,000 net tons of various commodities have moved across the docks at the Port of Little Rock. Break bulk commodities accounted for just over 50% of the total river tonnage for August. Cargoes handled across the docks included potash, rock, wetcake, bauxite, granite fines, wire rod coils, scrap metal, pipe and steel coils. The US Army Corps of Engineers reports that 921,119 tons of commodities moved through the McClellan-Kerr Navigation System in August 2016.
Largest Ship to Dock in Colombo
M. V. Mogens Maersk, one of the world’s largest ships will arrived in Colombo yesterday. To mark the occasion, an on-boarding ceremony is being organized at the CICT Terminal at the Colombo port. Senior officials from the Maersk Group and regional office Maersk line in Sri Lanka along with Sri Lankan port officials and the top importers and exporters will grace the occasion. This state –of-the- art triple-E liner is calling on Colombo for the first time and it’s last port of call is Rotterdam. M. V.
Busan: Business May Not be As Usual, Post Hanjin
Though Busan Port, the largest customer of Hanjin Shipping and hit hardest by the Liner's collapse, asserts that everything is under control, doubts are being raised on Hanjin rehab plan as ships clog at the South Korean port, reports Reuters. As 13 Hanjin ships crowded waters outside the country's biggest port, the South Korean court handling Hanjin's receivership cast doubt on the container carrier's ability to survive a restructuring. A rehabilitation plan for the world's…
Los Angeles Port Issues $35.2 mln in 'Green' Bonds
The Port of Angeles has expanded its commitment to sustainability by issuing $35.2 million in green bonds as part of a larger debt refinancing successfully completed this week. The move marks the first time a U.S. port has entered the growing sustainability bond market where investors support projects and companies making positive social and environmental change. “Running a competitive and environmentally responsible port permeates every facet of our operations,’’ said Marla Bleavins, the Port’s Deputy Executive Director and Chief Financial Officer.
Port of Prince Rupert Adds Shore-based Radar
The Port of Prince Rupert has commissioned a new shore-based radar regime designed to safely accommodate the port’s growth in vessel traffic and international trade. Shore-based radar builds on the existing vessel traffic service that provides active vessel monitoring and navigational information to vessels at the Port of Prince Rupert. Transmitting data from three tower sites across the port’s coastal shores, the system provides coverage ranging from the northeast of Haida Gwaii to the Alaskan border. “The addition of radar improves the capability of the port to proactively monitor and manage vessel movement in the harbor,” said Don Krusel, President & CEO of the Prince Rupert Port Authority.
JNPT Rolls Out Holding Yard Operations in 6 Hectare Land
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. This holding yard, which has been developed within the centralized parking plaza, will be utilized for parking Tractor Trailers (TT) awaiting the final documentation. Commencement of holding yard at JNPCT is already showing results and has reduced the congestion by 90% at the port gate roads.
GT USA Adds Warehouse At Port Canaveral
GT USA, operators of Canaveral Cargo Terminal, has expanded its supply chain capabilities to serve shipping lines, along with domestic customers, with the addition of more than 40,000 square feet of covered storage now available at the Marlin Street Warehouse at Port Canaveral. The facility serves as a secure location for general warehousing, providing a full range of logistics services, including trucking, cross docking, storage and inventory control and last mile distribution.
Shipping Partnerships Create Economic Opportunity in Everett
Every month Eastern Car Liner (ECL) loads aerospace containers for transport back to Japan to be reloaded with new airplane parts. Typically, this is the only cargo loaded on this vessel at the Port of Everett – until recently. This weekend, for the second time, Everett-based log supplier, Forest Marketing Enterprises, Inc. (FORMARK) will be delivering nearly 3.3 million board feet of logs to the Port of Everett to be loaded under deck of the ECL chartered ship. This shipment is the second of six total shipments for the year, of what is expected to be a multi-year business partnership.
Libyan Oil Port Takeover Gives Edge to Eastern Commander
Less than a fortnight after forces loyal to Khalifa Haftar swept into four of Libya's oil ports, tankers are loading, production has jumped, and momentum has shifted firmly in the divisive former general's favour. For Haftar's opponents, and for Western powers, the move on the ports was alarming. Haftar and his backers in eastern Libya have been in a stand-off for months with a unity government in Tripoli, blocking any parliamentary vote to endorse it and challenging the U.N.-mediated deal to unify Libya. How Haftar and his allies will use control of the country's major oil exports - whether to leverage political advantage under that U.N. deal, or to extend military control across Libya - is still uncertain. But risks to stability are clear.
Breakbulk and Bulk Cargo Terminal at Port of Prince Rupert?
The Port of Prince Rupert today announced it has signed a feasibility assessment agreement with SSA Marine and its wholly-owned subsidiary Western Stevedoring to explore the viability of a breakbulk and bulk import/export terminal located on Kaien Island at the Port of Prince Rupert. “Ongoing cargo diversification is one of the highest priorities for the Port of Prince Rupert, and the potential for the return of breakbulk and general cargoes capacity to the Port of Prince Rupert represents a clear response to growing market demand in Western Canada…
$100M Tug Contract: Fourth Boat Delivered in South Africa
Transnet National Ports Authority (TNPA) is on track with its $100m tug building contract and celebrated the ceremonial launch of the fourth of its nine new tugs being built in Durban. The tug – named OSPREY in honor of the fish eagle – will serve at the Port of Saldanha. In line with maritime tradition, the duty of officially naming the vessel was carried out by Lady Sponsor, Thandeka Mabija, who earlier this month was appointed General Manager for Human Resources at TNPA. TNPA Chief Operating Officer…
Eriksen Joins Singapore's International Maritime Centre Plan
DNV GL’s Group President & CEO Remi Eriksen participated in the first meeting of the Maritime and Port Authority of Singapore (MPA) advisory committee for further developing Singapore as an International Maritime Centre (IMC) towards 2030. The committee is chaired by Mr Andreas Sohmen-Pao, Chairman of BW Group, and comprises of 22 global business leaders and experts. As part of its work, the committee will review Singapore’s IMC development strategy and identify new growth areas to enhance Singapore’s long-term competitiveness and value proposition as an IMC.
Oakland Added to Transpacific Shipping Route
A Transpacific shipping route linking Asia and the U.S. will add weekly Port of Oakland stops beginning in November. The Port said that Oakland will become the sixth stop in the service operated by three Asian shipping lines. The service, known as the Calco-C, connects ports in Vietnam, China and California. It’s expected to bring an additional 50 vessel arrivals to Oakland annually. That could increase Oakland cargo volume by as much as 30,000 20-foot-containers a year. The Port handled the equivalent of 2.28 million 20-foot containers last year.
Great Lakes-Seaway Shipping Rebounds in August
Great Lakes-St. Lawrence Seaway shipping rebounded in August due to a surge in U.S. grain exports, iron ore shipment improvements and a steady flow of raw materials for manufacturing and construction. “We’ve seen a real rally in August. St. Lawrence Seaway cargo shipments were up 8 percent compared to the same month last year,” said Stephen Brooks, President of the Chamber of Marine Commerce. “U.S. grain exports now match last season’s strong performance. Iron ore shipments have improved as Canadian and U.S.
Long Beach Exports Up, Overall Volumes Down
August exports surged 14.8 percent through the Port of Long Beach compared to the same month in 2015, but lower imports drove overall volumes down, the port reported. Harbor terminals moved 641,029 twenty-foot equivalent units (TEU) in August, an 8.9 percent year-over-year decrease. Of those, 321,625 TEU were import containers, which were down 10.2 percent. Exports numbered 159,247 TEU. Empties accounted for 160,157 containers, 22.5 percent fewer than August 2015. That month set an all-time record for Port of Long Beach cargo.