MSC transfers activities in port of Antwerp to Deurganck dock
The MSC shipping company is to consolidate all its activities in the port of Antwerp in the Deurganck dock, on the left bank of the Scheldt. The Port Authority board of directors gave the go-ahead for the move on Monday evening. The transfer is necessary in order to permit further expansion by MSC in Antwerp. The shipping company announced at the end of last year that it wished to have a new location below the locks, not only because its present site in the Delwaide dock had reached saturation point but also because of the increasing size of the ships being introduced.
Container Shipping Line MSC Stops New Iran Bookings
The world's No. 2 container shipping line MSC said on Wednesday it would stop taking new bookings for Iran due to the decision by the United States to re-impose sanctions on Tehran after withdrawing from the international nuclear deal. In a note to clients, privately held MSC said it was "ceasing to provide access to services to and from Iran", adding that they would "conclude this period with the minimum disruption" to their customers' business. "While MSC is not accepting bookings for shipments originating from Iran…
Mega-Containerships Trigger Terminal Shake-ups
Bigger container ships are resulting in much greater peaks in container terminal activity, which together with the ever larger combined volumes of bigger alliances, demands fewer, larger terminals in each port. Terminal operators are reacting by consolidating terminal layouts and ownership – and by working more closely together – but what are the consequences for their customers? Drewry Maritime Research discuss in this extract from their latest 'Container Insight Weekly'. A recent…
LYG-PSA Container Terminal Opening
LYG-PSA Container Terminal (LPCT) was officially opened today by Lianyungang Municipal Party Committee Member & Director-General of Lianyungang Port Authority Mr Wu Yi Qiao, Lianyungang Port Group (LPG) Chairman Mr Bai Li Qun and PSA International Group CEO Mr Tan Chong Meng. LPCT marks PSA International’s first collaboration with Lianyungang Port Group. The opening ceremony, which took place at the Jiangsu Haizhou Bay View Hotel in Lianyungang, China, was witnessed by over 200 distinguished guests from the ports and shipping industry and government agencies in Lianyungang.
Deurganckdock Around the Clock
Trucks coming to load or unload containers in the Deurganck dock in the port of Antwerp will also be able to call at night as of 20 March. The container terminals MSC PSA European Terminal (MPET) and DP World Antwerp Gateway, both located in the Deurganck dock, are due to extend their opening hours so that fetching or delivering containers by truck can carry on around the clock on weekdays. With this measure the operators seek to spread the flow of trucks on their terminals more efficiently.
PSA Is “Best Global Container Terminal Operating Co”
PSA International Pte Ltd (PSA) won the “Best Global Container Terminal Operating Company” award for the ninth year, and PSA Singapore Terminals was voted “Best Container Terminal – Asia (over 4 million TEUs per year)” for the 25 time at the 28th Asian Freight & Supply Chain Awards(AFSCA) held in Shanghai this evening. On winning these awards, Mr Fock Siew Wah, Group Chairman of PSA International, said, “We are honoured to receive these awards and humbled by our industry’s continuing vote of confidence in PSA. Mr Tan Chong Meng, Group CEO of PSA International, said, “On behalf of our management, staff, and unions of the PSA Group, I wish to thank all our customers and business partners for their continued trust and support.
CMA CGM, PSA Container Terminal JV in Singapore
The CMA CGM Group and PSA have kicked off the second phase of their container terminal joint venture in Singapore. Officiating the event were François Hollande, President of the French Republic, and Khaw Boon Wan, Coordinating Minister for Infrastructure and Minister for Transport, Singapore. The CMA CGM - PSA Lion Terminal (CPLT) started operations with two mega container berths at PSA Singapore’s Pasir Panjang Terminal 5 (PPT 5) that had an initial annual capacity of 2 million TEUs (twenty-foot equivalent units) in July 2016.
First Ship of CEM/ANN Service to Arrive in July
The first container vessel in the recently adjusted CEM/ANN service of Evergreen Lines and Hanjin Shipping Lines is expected to arrive in Zeebrugge on July 19. The container vessels of the CEM/ANN service will be handled at PSA’s Zeebrugge International Port Terminal. Earlier this year, Evergreen and Hanjin announced a series of changes to the jointly-operated Asia-Europe CEM/ANN service. Port of Zeebrugge was added to the loop as the last European port before the ships head back to Asia. Evergreen and Hanjin have also chartered slots to Cosco, “K” Line and Yangming for this service. Today, Port of Zeebrugge and PSA are happy to announce that the ships in this service will be handled at the ZIP-terminal.
PSA Commissions new Dammam Terminal
Saudi Global Ports LLC (SGP), a joint-venture company formed between the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia and PSA International (PSA) started its commercial operations this month, at the second container terminal in the King Abdul Aziz Port in Dammam, a key gateway port on the Arabian Gulf. On 23 April 2015, SGP handled the first commercial vessel, M/V NIARA, owned by Orient Express Line. 1,011 TEUs were handled on this 2,000-TEU capacity vessel. Located in Saudi Arabia’s Eastern Province…
Cosco Pacific, PSA Team Up to Expand Terminals in Singapore
COSCO-PSA Terminal Pte Ltd (CPT), a joint venture company formed by Cosco Pacific Limited (Cosco Pacific) and PSA Corporation Limited (PSA), is investing in new container berths in Singapore capable of serving the next generation of mega container vessels. The new investment agreement was signed in Shanghai by Qiu Jinguang, Managing Director, Cosco Pacific and Mr Ong Kim Pong, Regional CEO Southeast Asia, PSA International. When the new berths begin operations from 2017, they…
PSA Unveils Incubator Programme for Start-ups
PSA International Pte Ltd today announced the inception of PSA unboXed Pte Ltd (PSA unboXed), its new corporate venture capital arm with an initial fund size of S$20 million. Through its incubator program, PSA unboXed seeks to invest in and nurture start-ups that are keen to create innovative logistics solutions fusing information and communications technology including IoT (Internet of Things), cloud, data analytics, AI (Artificial Intelligence) and optimisation, as well as engineering solutions including robotics and automation in container and cargo handling operations…
New Colombia Container Port to be Developed
International Container Terminal Services, Inc. ("ICTSI") and PSA International Pte. Ltd. ("PSA"), through their subsidiaries, have signed an agreement to jointly develop, construct and operate the container port terminal and ancillary facilities located in the Peninsula of Aguadulce, Buenaventura, Valle del Cauca, Colombia. The agreement involves PSA´s investment in Sociedad Puerto Industrial Aguadulce S.A., an indirect subsidiary of ICTSI, which holds the 30-year concession for the Aguadulce Port Project granted by the Agencia Nacional de Infraestructura of Colombia.
New Straddle Carriers for MSC Terminal in Antwerp
Kalmar, part of Cargotec, has gained an order to supply five Kalmar electric straddle carriers for MSC Home Terminal in Antwerp, Belgium. In addition, Kalmar will supply one new generation hybrid straddle carrier to the customer on a rental basis. The agreement was signed in August 2013 and the new units will be delivered in February 2014. The parties have agreed not to disclose the value of the order. The order has been booked into Cargotec's 2013 third quarter order intake. MSC Home Terminal is a 50/50 joint venture between PSA and TIL.
CMA CGM, PSA Singapore to form JV
CMA CGM S.A. (CMA CGM) and PSA Singapore Terminals Pte. Ltd. (PSA) will form a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths at Pasir Panjang Terminal Phases 3 and 4 in Singapore. CPLT will start operations from the second half of 2016, and allow CMA CGM and its shipping line affiliates to leverage industry-leading port infrastructure and technologies at this latest Pasir Panjang expansion, which has the capacity and scale of operations to better serve mega vessels in the region.
PSA Singapore Named Best Seaport in Asia
Port operator PSA International was named the best global container terminal operating firm for the second year running, in the 2016 Asian Freight, Logistics & Supply Chain Awards held in Shanghai. PSA also received the “Best Container Terminal – Asia (Over 4 million TEUs)" award. “The Port of Singapore clinched the award for its leading performance on a range of criteria including cost competitiveness, container shipping-friendly fee regime, provision of suitable containing shipping-related infrastructure…
CMA CGM Confirms Partnership with PSA
CMA CGM and PSA Singapore Terminals (PSA) have confirmed that they will establish form a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths in Singapore. CPLT will commence operations from the second half of this year, allowing CMA CGM and its shipping line affiliates to leverage on the port infrastructure and technologies with this latest Pasir Panjang expansion. There was no disclosed investment amount for the joint venture deal…
Konecranes Pact with MPET in Antwerp
Konecranes signed a major service agreement in which its Antwerp-based service organization will perform all of the maintenance and repair work on more than 150 Konecranes Noell Straddle Carriers of different generations for MSC PSA European Terminal (MPET), the single largest container terminal in Europe. The purpose of this service agreement is to achieve consistently high availability of the entire machine fleet. MPET, which handles the majority of containers in the Port of Antwerp, saw steady growth in 2016.
PSA Group Scoops 4 AFSCA Awards in Shanghai
On winning these awards, Mr Fock Siew Wah, Group Chairman of PSAI, said, “We are honoured to be bestowed with these four awards and humbled by the industry’s vote of confidence in PSA. These awards are testimony to the collective zeal and efforts of PSA management, staff and unions to increase productivity and value-add to our customers. PSA will continue to provide the reliable, efficient and quality services which we are known for.” Mr Tan Chong Meng, Group CEO of PSAI, said, “On behalf of the PSA Group’s management, staff and unions, I want to thank all our business partners and customers for their continuing support. AFSCA is an annual event organised by leading shipper and supply chain newspaper Cargonews Asia.
PSA Marine to Provide LNG FSRU Services in Bangladesh
Summit Power International (SPI), Singapore, announced that its subsidiary, Summit LNG Terminal has awarded a 15-year contract to PSA Marine Bangladesh, a subsidiary of PSA Marine. Under the contract, PSA Marine Bangladesh will provide berthing, mooring, pilot and personnel transfer services to LNG ships calling at Summit LNG FSRU terminal, with its three escort tugboats, one fast crew boat and one offshore supply vessel. The award of this contract marks a significant milestone for PSA Marine and commencement of a long-term partnership with SPI.
PSA's Port Inks Solar Deal with Sunseap
PSA Corporation and Sunseap Group Pte Ltd have signed a 21-year solar power purchase agreement that will enhance the eco-friendliness of the container port and ancillary buildings in PSA’s Singapore facilities. Sunseap will construct and install a 4 Megawatt peak solar system across five sites in PSA’s Singapore terminals, including terminal buildings, gates, maintenance base and workers’ dormitories at Pasir Panjang Terminal. Under the contract, Sunseap will install and maintain…
Global Terminal Operators Remain Dynamic
Drewry Maritime Research’s latest Annual Review of Global Container Terminal Operators report shows that whilst some things have remained the same, others have changed significantly with more change to come. Measured by equity teu, there is no change in the order and ranking of the top five operators. PSA was again the leading operator in terms of equity teu ahead of Hutchison (HPH), but by a much reduced margin following the divestment by PSA of its interests in HPH’s Hong Kong terminals. There is now a difference of only just over 4 million teu in Drewry’s assessment of PSA and HPH’s equity teu throughput. DP World and APM Terminals are closely matched in third and fourth spots whilst the COSCO Group’s throughput remains somewhat less than that of the top 4 players.
Container Terminal Operators 2012 League Table & Forecast
Measured by equity TEU, there is no change in the order & ranking of the top five international container terminal operators. PSA (Port of Singapore Authority) was again the leading operator in terms of equity TEU ahead of Hutchison (HPH), but by a much reduced margin following the divestment by PSA of its interests in HPH’s Hong Kong terminals. There is now a difference of only just over 4 million TEU in Drewry’s assessment of PSA and HPH’s equity TEU throughput. DP World and APM Terminals are closely matched in third and fourth spots whilst the COSCO Group’s throughput remains somewhat less than that of the top 4 players. The big four global operators collectively accounted for 26.5% of world container port throughput…
Abu Dhabi Ports Signs a 30-year Deal with MSC to Build Terminal