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BPA calls for trade facilitation to be central pillar of Brexit agreement

Responding to the UK Government’s Article 50 notification the British Ports Association’s Chief Executive, Richard Ballantyne, said: “As the UK moves towards beginning negotiations on the terms of Brexit, it is vital that trade facilitation is given the highest priority. Ports provide vital economic gateways and from the point of view of trade and freight flows, probably the lead concern from the ports sector is facilitation, with potential major challenges dealing with HGVs on Ro-Ro and ferry routes.” Currently freight on Ro-Ro routes, (which exclusively serves EU routes) is not ...

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Abu Dhabi Ports announces expansion of free trade zone

Abu Dhabi Ports announced the expansion of free trade zone to accommodate more industries. Khalifa Port Free Trade Zone (KPFTZ) is a 100 square kilometre free zone area located adjacent to Khalifa Port. “KPFTZ provides numerous advantages to investors including competitive lease prices and some of the lowest utility costs in the world, all under tax free umbrella,” said Captain Mohammad Juma Al Shamisi, CEO of Abu Dhabi Ports while addressing media at Global Manufacturing and Industrialisation Summit. “Investors can have 100 per cent foreign ownership, full repatriation of capital ...

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PD Ports, CMA CGM, YILPORT, Puerto Central & Hapag-Lloyd Win Inspire Awards for Shipping Supply Chain Excellence at Navis World 2017

Navis, a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, today announced winners of its Inspire Awards program at Navis World 2017, sponsored by Port Technology International. PD Ports, CMA CGM, YILPORT, Puerto Central and Hapag-Lloyd received Awards of Excellence, while DaChan Bay Terminals, China COSCO Shipping Container Line, Terminal de Contêineres de Paranaguá, DCT Gdańsk SA and DP World UK earned Awards of Recognition. “In the two short years since ...

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Automation of port terminals threatens thousands of lucrative dock worker jobs

The push over the last decade by international maritime ports to fully automate operations has sparked the ire of many U.S. longshoremen whose high-paying jobs and way of life are at stake. The trend also sets up a battle between their unions and companies and governments who see automation as a cleaner, more efficient and more cost-friendly alternative to the current system. “This may be the most difficult and complex challenge we’ve ever undertaken,’’ Dan Sperling, professor of civil engineering and environmental science at the University of California, Davis and ...

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Russia’s Transneft says storms disrupt oil loadings from Novorossiisk

Russia suspended oil loadings from the Black Sea port of Novorossiisk on Tuesday due to storms, a spokesman for oil pipeline monopoly Transneft said on Wednesday. Transneft said the weather was expected to improve on Wednesday evening, adding there was no disruption to oil loadings in other Russian ports. Source: Reuters (Reporting by Vladimir Soldatkin; Writing by Maria Kiselyova; Editing by Andrew Osborn)

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General Motors reaches deal with Argentine port operator to import cars

A unit of General Motors Co (GM.N) has reached a deal with port operator Terminal Puerto Rosario to import cars to Argentina, moving the U.S. automaker a step closer to exporting from its nearby plant, the company said in a statement on Tuesday. General Motors Mercosur, which includes GM’s Argentina and Brazil units, said the first automobiles, manufactured in South Korea, arrived this week. The company has a production plant near the Rosario port complex and said its long-term goal would be to export cars produced there through the port. ...

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Crude spill hits Jose oil terminal in Venezuela

Venezuelan state oil company PDVSA on Wednesday confirmed reports of a crude spill from a pipeline connecting its main oil-exporting complex with a tanker loading facility, but said shipments have not been affected. PDVSA said the spill occurred late on Tuesday due to a break in the line running from a crude terminal to a single buoy mooring (SBM) near the eastern Jose port. “PDVSA on Tuesday activated a contingency plan to address a crude leak … A temporary staple was installed in the pipeline to stop the leak,” the ...

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HOT PORT NEWS from GAC

New rules for 96-hours online visa Wednesday, March 29, 2017, Fujairah, United Arab Emirates

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Altamira and Manzanillo box terminals to expand

Container terminals in the Mexican ports of Manzanillo and Altamira are taking advantage of new rules governing expansion introduced by the Transport & Communications Ministry and have announced investment of $26.5m. Infraestructura Portuaria Mexicana (IPM) and Altamira Terminal Portuaria (ATP) are the two Altamira installations that are to go ahead with expansion plans, along with SSA’s Terminal Especializada de Contenedores (TEC I) at Manzanillo, according to Alejandro Hernández, the director general of ports. TEC I is now Mexico’s leading box handling facility, with throughput of 1.55m teu reported for 2016. ...

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Azerbaijan receives first cargo from Kazakhstan’s Kuryk port

The first cargo has arrived at the Baku International Sea Trade Port from Kazakhstan’s new port Kuryk, Azerbaijan Caspian Shipping CJSC reported. Freight cars were sent from the Kuryk port on March 24 on the Barda ferry, belonging to the Azerbaijani company, and they arrived at the Baku International Sea Trade Port in Alat the next day. The company reported that management of the Kuryk port observed the mooring of the Barda ferry and the process of loading of the cars, both of which proceeded successfully. The Kuryk port with ...

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Kalmar’s electric straddle carriers support capacity expansion at MPET, Port of Antwerp

Kalmar, part of Cargotec, is pleased to continue its long-standing relationship with MSC PSA European Terminal (MPET) with a repeat order for nine electric straddle carriers. The order was booked in Cargotec’s Q1 2017 intake, with delivery scheduled for Q3 2017. MPET is a joint venture between TIL Group and PSA, the second largest container operator in the world. Located in the Port of Antwerp, Belgium, the straddle carrier terminal handles more than 12,000 containers per day. The terminal is currently undergoing expansion in order to increase its handling capacity, ...

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Incheon Port Ranks 57th among Global Container Ports

The Incheon Port Authority (IPA) announced on March 27 that it stood 57th in “Top 100 Container Ports: 2016 Throughput” by French shipping researcher Alphaliner. According to the IPA, there was no big change in Incheon Port’s rank even though the port handled 2,330,000 TEUs and placed 71st in 2014, and ranked 67th with 2,380,000 TEUs in 2015. But in 2016, Incheon Port made the top 60 by rising by a whopping ten notches from 2015. The world’s 100 largest container port rankings in 2016 show that the volume of ...

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COSCO Shipping Ports Profits Down by 15% on Slow Trade Growth, Piraeus Port a Marked Star

The board of directors (the “Board”) of COSCO SHIPPING Ports Limited is pleased to announce the consolidated results of the Company and its subsidiaries (the “Group”) for the year ended 31 December 2016. Operational Review The global economy grew slowly in 2016, hindering the recovery of the global shipping and port industries. According to the forecast made by Drewry in December 2016, global container throughput growth was 1.3% in 2016, largely unchanged from 2015 and indicative of the sluggish recovery. For China, figures published by the National Bureau of Statistics ...

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Pakistan’s Gwadar port startup to benefit shipping industry, says diplomat

Shipments from Pakistan’s deepsea port of Gwadar in Baluchistan province have started and as both inbound and outbound trade picks up in the medium term, will provide a filip to the shipping industry by creating more demand for container boxes and ships, a senior diplomat said. “The first few shipments [for export] have already left the country and work is carrying on very vigorously to carry forward the project,” Pakistan’s High Commissioner to Singapore Nasrullah Khan said in an address to the Institute of South Asian Studies, a regional think ...

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Gunvor focuses on U.S. expansion, selling Rotterdam terminal -CEO

Trading house Gunvor will keep its focus on expansion in North America where it will establish trading across energy products, including gas, its chief executive said on the sidelines of a conference in Switzerland. CEO Torbjorn Tornqvist, who spoke at the FT Commodities Summit, added that he expects to make an announcement on the sale of its Rotterdam terminal by the end of June. “It’s in process. People are now giving their bids. I expect to be able to do something before end of June. We’ll probably announce that we ...

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