Rotterdam Port Sets Dues for Three Years
The port dues for the port of Rotterdam have been set for the coming three years. The port dues will rise by 1% per year for the next three years. Over the recent period, fixing the development of port dues for three years has provided the market with a lot of clarity. It is for this reason that, after constructive talks, the Port of Rotterdam Authority, Deltalinqs, VRC and VNPI have again decided upon a multi-year agreement. Rotterdam is using this conservative rate of increase in port dues to increase its competitive position among the surrounding sea ports.
Lekki Deep Sea Port Hit a Snag
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.
DOT Grants Program Will Provide Port Security Funding
U.S. ports will soon begin applying for $93.3 million in funds from the U.S. Department of Transportation (DOT) to enhance seaport security. The new Port Security Grants program will be administered by the Maritime Association (MARAD) and the U.S. Coast Guard on behalf of the Transportation Security Administration (TSA). “We’re very pleased that Congress recognized the tremendous need for Federal help at U.S. seaports and appropriated emergency funding for security enhancements,” said Kurt J. Nagle, president of the American Association of Port Authorities. “While the $93.3 million is a good initial investment, we anticipate that much more will be needed to protect America’s ports from terrorism and other Federal crimes. Seaports are vital to the nation’s economic growth and vitality.
Port Association Discusses ASCE' Report Card
Commenting on the release of the American Society of Civil Engineers’ (ASCE) 2013 Report Card for American Infrastructure, Kurt Nagle, president and CEO of the American Association of Port Authorities (AAPA), said, “AAPA is pleased that ASCE included seaports for the first time in its critical infrastructure Report Card. “AAPA played an active role in providing information and insight about seaports to ASCE. The 'C' grade given seaport-related infrastructure in its study reinforces our viewpoint that the federal government is not investing nearly enough in the landside and waterside connections to ports. The report card reiterates what other national and international studies have concluded about the neglected state of our nation’s port related transportation infrastructure…
Novatek Starts Production at Yamal LNG
Russian energy firm Novatek has announced that Yamal LNG has commenced producing liquefied natural gas (LNG) at the first LNG train, with the nameplate capacity of 5.5 million tons per annum. The first cargo loading is scheduled on 8 December 2017 at the Sabetta port using the first Arc7 ice-class LNG tanker named the “Christophe de Margerie”. The Chairman of Novatek's Management Board Leonid Mikhelson noted: "This event marks a milestone accomplishment for the Yamal LNG project. The commencement of LNG production begins a new chapter in our corporate history.
DOT Grant Money Available for Security
U.S. ports will soon begin applying for $93.3 million in funds from the U.S. Department of Transportation (DOT) to enhance seaport security. The new Port Security Grants program will be administered by the Maritime Association (MARAD) and the U.S. Coast Guard on behalf of the Transportation Security Administration (TSA). "We're very pleased that Congress recognized the tremendous need for Federal help at U.S. seaports and appropriated emergency funding for security enhancements," said Kurt J. Nagle, president of the American Association of Port Authorities. "We commend DOT's extraordinary efforts to get this grant program up and running quickly." Ports need to submit grant applications electronically through MARAD's web site, www.portsecuritygrants.dottsa.net
S. 1214 Causes Concern For Ports
Port Director Mike Leone told members of the Senate Commerce Committee during a July 24 hearing that the "Port and Maritime Security Act of 2001," S. 1214, introduced on July 20, holds concerns for ports. Mr. Leone, with the Massachusetts Port Authority, testified on behalf of the American Association of Port Authorities' (AAPA) U.S. members. "Addressing seaport security requires a strong commitment of Federal resources, a partnership between all parties involved and the flexibility to develop local security programs that consider the unique needs of each port," said Mr. Leone. "The Association recognizes the need for the port industry to continue to make improvements in seaport security. In his written testimony, Mr.
Seaport Security Bill Introduced
Senator Boxer (D-CA) introduced the United States Seaport Multiyear Security Enhancement Act (S. 2240) to improve seaport security. The measure, if enacted, would authorize the appropriation of $800 million each year through FY 2009 for port security grants. It would also authorize the awarding of multi-year grants. (HK Law).
Final Designs, King Abdullah Sea Port
Emaar, the Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), has revealed the final blueprints of the KAEC Sea Port, designed in coordination with Halcrow, the international consultancy specializing in the provision of planning, design and management services for maritime projects. One of the six key components of the 168 million sq m KAEC, the Sea Port will be the largest in the Red Sea with a capacity to handle 20 million TEU (twenty ft equivalent container units).
President Obama Announces Seven Significan Port Projects
U.S. The projects announced are the first seven of 43 additional projects that will be expedited under the Executive Order. The names of the other projects will be announced in the coming weeks. The seven projects include five harbor improvements to deepen federal navigation channels for larger ships (in Jacksonville, Miami, Charleston, Savannah and New York/New Jersey), a project to increase the height of the New York harbors Bayonne Bridge to enhance navigation, and an intermodal container facility in Jacksonville to increase rail capacity. Each of these projects directly support Americas seaports and their ability to move freight efficiently to reduce costs to consumers, create jobs, and help Americas manufacturing and agricultural industries sell their goods overseas.
AAPA Commends Senate Passage of WRDA Bill
The American Association of Port Authorities (AAPA) lauded Sens. Barbara Boxer (D-Calif.) and David Vitter (R-La.), chairman and ranking member, respectively, of the Senate Committee on Environment and Public Works, for their leadership in advancing S. 601, the Water Resources Development Act of 2013 (WRDA), through the Senate. The legislation was passed by a vote of 83-14. “AAPA commends Senators Boxer and Vitter on their leadership in advancing this legislation to spur vitally needed maintenance and improvements in America’s seaport related infrastructure and waterways…
Singapore’s Seaport to be First Wi-Max-Ready
By early 2008, all ships in Singapore can have access to mobile wireless broadband, allowing real-time and data-intensive communications between the ships and their customers and business partners. Thanks to WISEPORT (WIreless-broadband-access for SEaPort), activities that could only be done onshore previously can now be achieved offshore as well, from regulatory filings, to broadband communications, to real-time access to navigational data. WISEPORT is one of the initial projects under theInfocomm@SeaPort program, which aims to provide a mobile wireless broadband network within 15km from Singapore’s southern coastline. WISEPORT will provide a low-cost, high-bandwidth and secure access.
Seaport Security Bill Introduced
Representative Millender-McDonald (D-CA) introduced the United States Seaport Multiyear Security Enhancement Act (H.R. 3712) to improve seaport security. If enacted, the bill would authorize $800 million annually for funding of seaport security projects. (Source: HK Law)
SeaSecure and RiskWatch Create First Seaport & Shipping Security Risk Assessment Software
SeaSecure LLC and RiskWatch, Inc., announced a joint development project to create the first comprehensive maritime risk assessment software tool for seaport and shipping security, RiskWatch SHARK® or RiskWatch for Seaport & Shipping Antiterrorism Risk. RiskWatch SHARK (RW-SHARK) will have immediate applicability in assessing physical, personnel, and information security programs at U.S. and international seaports, as well as within the shipping industry for both carriers and cruise lines. Seaports are potentially one of the most vulnerable areas of homeland security, and the standardization that RW-SHARK provides will make it possible to benchmark information about security and provide instant snapshots on how seaports are complying with current security guidelines.
U.S. Seaport Multiyear Security Enhancement Act Introduced
Representative Millender-McDonald (D-CA) introduced the United States Seaport Multiyear Security Enhancement Act (H.R. 478). This bill, if enacted into law, would authorize the Secretary of Homeland Security to issue letters of intent to a seaport regarding the possible obligation from future federal budget authority for the federal share of seaport security enhancement projects. The letter of intent would not constitute a legally binding commitment on the federal government. (HK LAW)
NAT Announces Public Offering of USD 100mln
Nordic American Tankers (NAT) announced an underwritten public offering of $100 million of its common shares pursuant to the Company’s effective shelf registration statement. At the Company’s request, the underwriters have reserved for sale an aggregate of approximately $1.2 million of its common shares for certain members of the Company’s board of directors, management and advisors, which includes approximately $1.0 million to be purchased by the Company’s Chairman and Chief Executive Officer and his immediate family.
Florida Gov. to Address Port Infrastructure Investments
Florida Governor Rick Scott will serve as the keynote speaker on Wednesday, Oct. 16, at the American Association of Port Authority’s (AAPA) 102nd Annual Convention and Expo in Orlando, Fla., hosted by the Canaveral Port Authority. He will discuss the importance of investing in ports and port-related infrastructure during a luncheon presentation at the AAPA convention. Gov. Scott is a strong proponent for ports, particularly Florida’s 14 deepwater seaports. In his 2013 State of the State address in March…
Ports Association Formed 100 Years Ago
From humble beginnings, AAPA now represents over 135 Western Hemisphere port authorities. Today marks the actual anniversary of the founding of the American Association of Port Authorities, headquartered in Alexandria, Va. One hundred years ago yesterday, December 10, 1912, a meeting of public port officials from throughout the United States convened in New York City to "exchange ideas relative to port organization, to promote the exchange of information and the development of…
APM Terminals Reaffirms Poti Mega-Port Plans
Speaking at the 4th Annual Black Sea Ports and Shipping Conference 2015 on May 29th on the subject of Black Sea Ports as agents of economic growth for the region, APM Terminals Poti Deputy Managing Director Joseph Crowley discussed the advantages of Poti Seaport as the prominent gateway for Black Sea, Mediterranean and Central Asian trade. “While recent World Bank economic growth forecasts for the broader Caucasus region have been reduced, APM Terminals is committed to our ongoing investment in Poti Seaport to anticipate and satisfy the future demand potential” said Mr.
DOT Issues Broad Agency Announcement
The Department of Transportation (DOT) has issued a Broad Agency Announcement discussing the Port Security Grant Program. The program is coordinated by the Transportation Security Administration (TSA), with assistance from the U.S. Coast Guard and the Maritime Administration. TSA is awarding competitive grants to critical national seaports to finance the cost of enhancing facility and operational security. Eligible parties consist of critical national seaports and terminals. Critical national seaports or terminals, for purposes of this program, consist of the following: (a) the 13 strategic ports as designated by MARAD; (b) the controlled ports as designated by the U.S.
Facilitating Trade and Securing Seaports
House Committee on Government Reform, the General Accounting Office (GAO) submitted testimony entitled Port Security: Nation Faces Formidable Challenges in Making New Initiatives Successful The testimony addresses vulnerabilities of commercial seaports, initiatives undertaken by federal agencies and other stakeholders to enhance seaport security, and challenges faced in implementing security-enhancing initiatives. The testimony notes that the Coast Guard, in particular, has acted as the focal point for assessing and addressing security concerns, anticipating many of the measures that Congress and the administration are contemplating. Experience indicates that full implementation of seaport security measures will be more difficult and more expensive than many anticipate.
DP World, SCA Pact for Ain Sokhna Port Development
Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport, reports Egypt Independent. The signing of the deal comes in line with directives by Egypt’s President Abdel Fattah al-Sisi to upgrade the sea port’s status as part of the broader scheme to develop the Suez Canal region, SCA chief Mohab Mamish said. The joint venture will be responsible for installing a new harbor parallel to the current oil tanker harbor over a period of one year, Mamish said.
Securing U.S. Ports Against Terror
The Subcommittee on Technology, Terrorism, and Government Information of the Senate Judiciary Committee conducted a hearing on February 26, 2002 concerning Securing our Ports Against Terrorism: Technology, Resources and Homeland Defense. Captain William Schubert, Maritime Administrator, testified about grants to be provided to critical national seaports to finance the cost of enhancing facility and operational security. Bonni Tischler, Assistant Commissioner, Customs Service, testified about the agency’s Container Security Initiative. RADM Kenneth Venuto, USCG, testified about Maritime Domain Awareness. Richard Steinke, representing the American Association of Port Authorities, discussed efforts by U.S. port authorities to improve security.