Horizon Tangiers Terminal Selects Aegean
Horizon Tangiers Terminal S.A. (HTTSA), has selected Aegean Marine Petroleum (Aegean) (NYSE:ANW) as its sole bunkering company for its terminal in the port of Tangiers. The agreement, which is subject to final documentation, is scheduled to become effective in January 2009. HTTSA's appointment of Aegean as its exclusive bunkering company in this critical region is an important part of its effort to expand the terminal. Aegean Marine Petroleum will provide retail bunkering services to ships in port and at sea on an exclusive basis for a period of 25 to 35 years. Aegean will also have the right to expand its operation as the sole bunker tenant beyond the port perimeter, which is strategically located along the Strait of Gibraltar connecting the Atlantic Ocean to the Mediterranean Sea.
Aegean Expansion Plans in Morocco
Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced that Horizon Tangiers Terminal S.A. (HTTSA), a special purpose consortium, has named Aegean as the exclusive bunkering company for the new port in Tangiers, Morocco. The agreement is scheduled to become effective in January 2009 upon completion of final documentation. The appointment of Aegean by HTTSA is a part of the consortium's effort to expand the modern port in this growing region. Currently, the port serves approximately 7,000 vessels on an annual basis and is expected to increase to more than 10,000 vessels annually in 2010. Aegean will provide retail bunkering services to ships in port on an exclusive basis for a period of 25 to 35 years.
Port of Piraeus Profit Up by 92%
The Piraeus Port Authority S.A. (PPA) 2017 financial report revealed profits before tax amounted to €21.2 million ($26.19 mln) compared to €11.0 million ($13.59 mln) in the year 2016, showing an increase of 92 percent. Turnover amounted to €111.5 million compared to €103.5 million in the corresponding period of 2016, showing an increase of 7.7 percent. The operations at the container terminal showed significant increase in revenue by € 7million (53.1 percent), where container throughput increased by 70.6 percent…
CMA CGM Upgrades Europe-Africa Service
Worldwide shipping firm the CMA CGM Group announced plans to upgrade its services joining Europe to Africa, altering its EURAF 1, EURAF 2 and EURAF 4 services with the goal of providing a more complete service offering to Africa, North Europe and the Mediterranean. The EURAF 1 service, that connects North European to West African markets, will add a call at London Containers Terminal – Tilbury each week. This new call will directly join the United Kingdom to Africa, and the service will provide competitive transit times allowing the export of banana Reefer containers from West Africa to England. The inaugural call of the rotation in Tilbury took place on August 10. Algeciras used to be called only once on the previous rotation.
Horizon Lines New Terminal in Oakland
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has entered into a new agreement for terminal operations at the Port of Oakland. Horizon Lines has teamed with Ports America, the largest terminal operator and stevedoring company in the Americas, to service cargo moving through Oakland between the U.S. mainland, Hawaii, Guam and Micronesia. Horizon Lines operations are located at 1599 Maritime Street. Ports America brings state-of-the-art technology and superior terminal services expertise to help deliver efficient gate and vessel operations to Horizon Lines' customers. Service…
CMA CGM Group Upgrades African Service
The CMA CGM Group announced changes to its African service, upgrading its EURAF 4 service to directly connect West Africa to the West Mediterranean markets each week starting July 18, the group announced. Up until now, the EURAF 4 service has been calling the following ports: Tangiers, Lome, Cotonou, Port Gentil, Libreville, Lome and Tangiers. The service upgrade will see added calls in Italy, France, Malta and Spain. Starting July 18, two vessels will be added to the EURAF 4 service so that a total of seven vessels between 2…
Statement on Houston Ship Incident
Horizon Lines, Inc. (NYSE: HRZ), and APM Terminals issued the following statement: The Horizon Challenger experienced an unfortunate incident while docking at the APM Terminals facility in Houston on April 15, 2011. After being released by the tug, the vessel clipped the dock and damaged an APM Terminals crane. APM Terminals and Horizon Lines amicably and very quickly resolved the damage issue as part of a normal process that modestly delayed the ship's departure for San Juan, Puerto Rico. The Challenger is currently expected to arrive in San Juan on schedule. APM Terminals and Horizon Lines jointly regret any inconvenience this might have caused to Horizon customers. The ship is expected to arrive in San Juan on schedule.
DP World Accuses Djibouti of Seizure of its Dorelah Port
Dubai-based port operator DP World accused Djibouti of illegally seizing control of Doraleh Container Terminal on Thursday, after the Djibouti government said it was unilaterally terminating DP World's contract to run the terminal. "The Government of Djibouti today illegally seized control of the Doraleh Container Terminal," DP World said in a statement. It said the company had commenced arbitration proceedings in London to protect its rights. Reporting by Katie Paul
Cargo Traffic up at Port of Algeciras Bay
The Port of Algeciras Bay handled a total Cargo Throughput volume of 60.8 million tonnes (+ 10.06%) in 2003 – double the figure of a decade ago. As for the evolution of the various traffic-types in the Port of Algeciras Bay, the increase in Container throughput (+12.61%) is especially evident, breaking through the 2.5-million-TEU (twenty-foot equivalent unit) barrier and, in this case, trebling the figures recorded a decade ago. Import and export container throughput grew extraordinarily by 39% and 31% respectively.
APM Terminals Enters Colombia
APM Terminals and Colombian-based port and terminal operating company, Compañia de Puertos Asociados S.A. (Compas S.A.) have signed a joint venture agreement to jointly manage and operate Compas S.A.’s existing multipurpose Cartagena Terminal. APM Terminals and Compas S.A. will jointly invest over USD $200 million in upgrading and expanding the Cartagena Terminal, including state-of-the-art terminal equipment. The upgrade will triple annual throughput capacity for the terminal to handle the larger vessels transiting the widened Panama Canal. While Compas S.A.
First Dacia Imports Arrive at Fos
The first 402 Dacia cars from Morocco have arrived at Fos aboard the Neptune Lines car carrier City of Oslo under a deal that will see 20,000 vehicles per year imported for the French market. France-bound Dacia cars built at the Renault-Nissan plant in Tangiers are being handled at a new terminal operated by vehicle logistics specialist TEA, part of the Charles André group. The Marseilles Fos port authority chose TEA to develop and run the site last December following a call for tenders in November 2012. The port already handles 220,000 vehicles per year at two other import/export terminals.
CMA CGM Adds Buchanan Port Call, Liberia
The CMA CGM Group announce the addition, on its PC north service, of a new direct call in Buchanan (Liberia), located 100km south of Monrovia, thus expanding its service opportunities in Africa and becoming the only shipping line calling Buchanan in 20 years. This new call primarily responds to the needs for the export cargo of wood, rubber, palm oil and minerals produced in the area of Buchanan. The CMA CGM Group will also serve Buchanan for import from worldwide on CMA CGM long haul services through the Tangiers hub. A service operating four vessels of 1,600 TEUs.
CMA CGM Updates European, African Services
The CMA CGM Group announce the specialization of its EURAF 1 and EURAF 2 services to meet the needs of its African and European clients. Accordinng to the shipping company, the services will offer two weekly services from Europe and the Mediterranean to Africa instead of one; improved reliability and punctuality, with a new calls distribution between the different EURAF services; and strategic calls in Hamburg and London Gateway ports to Nigeria, Ghana, Ivory Coast and Senegal, and 2 weekly calls in Antwerp.
CMA CGM Launches MEDGULF Service
The CMA CGM Group has launched of MEDGULF Service linking the Mediterranean to the U.S. Gulf and Caribbean (Dominican Republic, Jamaica). This new service will offer weekly sailings from the Mediterranean to U.S. Gulf and Caribbean, a unique and direct rotation from Houston to Tangiers and the best transit time on the market between Mexico and Houston, to Spain and Italy, that represents a strong advantage on the Reefer market, CMA CGM said. MEDGULF completes the AMERIGO service that has already been operating between the Mediterranean and U.S. East Coast.
China Merchants Holdings Complete Terminal Link Deal
China Merchants Holdings (International) announce completed acquisition of a 49% stake in container port operators Terminal Link from CMA CGM. "The smooth completion of this transaction,"China Merchants Group Assistant President & CMHI Managing Director Dr Hu Jianhua indicates," reflects the recognition and consent to the transaction from the governments from whose regulatory units consents and approvals were obtained. "The smooth completion of this transaction,"China Merchants Group Assistant President & CMHI Managing Director Dr Hu Jianhua indicates…
Djibouti Ends Dubai's DP World Contract to Run Container Terminal
Djibouti has ended a contract with Dubai's DP World, one of the world's biggest port operators, to run its Doraleh Container Terminal, the president's office said on Thursday. "The Republic of Djibouti has decided to proceed with the unilateral termination with immediate effect of the concession contract awarded to DP World," the office of President Ismail Omar Guelleh said in a statement. Last February, the London Court of International Arbitration cleared DP World of all charges of misconduct over a concession to operate the terminal, Dubai's government said at the time.
CMHI and CMA CGM Complete Terminal Link Transaction
China Merchants Holdings (International) Company Limited (CMHI) and CMA CGM are pleased to announce the completion on June 11, 2013 of the sale and purchase of the 49% equity stake in Terminal Link, upon the obtaining of all consents and approvals in various jurisdictions and the completion of certain pre-closing corporate reorganizations as stipulated under the terms of the Acquisition Agreement. CMHI's intention to acquire from CMA CGM 49% equity interest in Terminal Link for €400 million was announced earlier in January. The Completion was formalised by the signing by both parties of a Shareholders Agreement. Among the many guests attended the signing ceremony in Luxembourg of the Shareholders Agreement were CMA CGM Executive Officer Farid Salem…
BIMCO Lists Three Best Performing Bulk Terminals
The three best performing dry bulk terminals in the world are Santander and Bilbao in Spain and Quebec in Canada, according to BIMCO’s 2017 Dry Bulk Terminals Vetting Report. Santander was rated first in all four major categories: terminal handling of loading/unloading; terminal mooring and berthing arrangements; information exchange between the ship and the terminal and terminal equipment. The report evaluates terminal and port performance from around the world to improve safety standards and the turnaround time of ships calling ports.
Matson Promotes Gill as Alaska VP
Matson, Inc. has promoted Kenny Gill to the position of Vice President, Alaska. In his new role, Gill has management responsibility for all Matson operations in Alaska, including terminal operations, customer service, sales and financial performance of the company's terminals in Anchorage, Kodiak and Dutch Harbor. Gill previously served as Senior Director of Operations for Horizon Lines' Alaska division. His appointment follows Matson's May 29, 2015 acquisition of the Alaska operations of Horizon Lines and subsequent retirement of Marion Davis…
Alabama State Port Authority Far East Service
The Alabama State Port Authority and Mobile Container Terminal, LLC announced a new all-water container service between the Port of Mobile and Far East. CMA CGM added the Ports of Mobile and Pusan, Korean to its PEX3 service between the U.S. Gulf of Mexico and Asia. CMA CGM, through its division, Terminal Link, is a partner in the 18 month-old Mobile Container Terminal at the Port of Mobile. In 2005, CMA CGM’s division Terminal Link, APM Terminals Americas, a subsidiary of the A.P.
Governor Welcomes Horizon Lines to Philadelphia
Horizon Lines relocated its Northeast port of call from Elizabeth, New Jersey to Philadelphia, to mark another milestone for the Port of Philadelphia. Led by Governor Tom Corbett and political and business leaders from across the region, the Packer Avenue Marine Terminal welcomed Horizon Lines, Inc., one of the nation's premier containerized cargo shipping lines, to Philadelphia. Under terms of the agreement between Horizon and Packer, reached with the assistance of Governor Corbett and other Commonwealth officials, Horizon will call Packer 52 times a year, providing weekly service between the Northeast U.S. and San Juan, Puerto Rico.
CMA CGM Extends Black Sea/North Europe Service
The CMA CGM Group announced the extension of its FEMEX service on the North Europe – Mediterranean trade. In order to improve the coverage of the North Europe – Mediterranean trade and coinciding with a growing existing demand, the CMA CGM Group extended its FEMEX service in the Black Sea with the addition of three new calls in Samsun (Turkey), Novorossiysk (Russia) and Constanta (Romania). The CMA CGM Group will become the only shipping line offering a direct coverage into the Black Sea region from / to North Europe.
Horizon Terminal Agreement, Asia Liner Service
Horizon Lines, Inc. (NYSE:HRZ) announced that it has reached a binding Memorandum of Understanding (MOU) with APM Terminals North America (APMT) for a new six-year U.S. terminal services agreement, effective immediately. The prior agreement with APMT was scheduled to expire on December 10, 2010. The MOU applies to stevedoring and terminal services provided to Horizon Lines by APMT in Jacksonville, Fla.; Houston, Texas; Los Angeles, Calif.; Tacoma, Wash. and Elizabeth, N.J., through 2015, with an option to extend for two years. Horizon Lines has the option to exclude the Elizabeth terminal from the agreement if it chooses to serve the Northeast market from a port not located in N.Y. or N.J.