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U.A.E. Jumps to DP World’s Defense in Djibouti Port Dispute

The United Arab Emirates denounced Djibouti’s cancellation of DP World Ltd.’s contract to run the Doraleh Container Terminal, calling it an “arbitrary” flouting of a signed agreement. “Djibouti government’s seizure of the Doraleh port is regrettable,’’ Minister of State for Foreign Affairs Anwar Gargash wrote on Twitter, in the U.A.E’s first official response to the cancellation of the Dubai port operator’s concession. “Agreements, commitments and reassurances didn’t hold up to arbitrary measures against DP World.’’ Dubai’s government said Djiboutian authorities “illegally seized control” of Doraleh on Thursday and that DP ...

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Vietnam: Easy seaport procedures lauded

Dao Trong Hung, a representative of HCM City-based Vietfrach – a shipping company, said that thanks to administrative reforms, especially online procedures, the company submitted few paper dossiers/applications at the ‘single window’ section when its vessels wanted to come or leave seaports. “It’s much simpler than previously to fill and submit maritime applications at the ‘single window’ – a system that allows businesses to declare information and submit documents in a standardised form once at a single location to complete all legal requirements concerning import, export and transit (regarding cargos, ...

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Energy revolution calls for rethink by fossil-fuel import ports: expert

A logistics researcher in Zhoushan, East China’s Zhejiang Province has called for forward-looking thinking among planners for China’s crude import ports amid the nation’s energy revolution, and the inclusion of renewable energy sources such as wind and tidal power to deal with a future of new-energy industries. Port construction has been booming in response to the Chinese central government’s call for the establishment of free trade ports, with local governments scrambling apply for such status. According to a report released by the website of the China Securities Journal newspaper on ...

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Vallarpadam Port loses out to Colombo on smaller draft, higher charges

A relatively smaller draft, high vessel-related charges and a not-so-good location makes it difficult for Indian ports such as Vallarpadam in Kerala to keep tariffs consistently competitive in a market where the neighbouring Port of Colombo draws much higher volumes in the transhipment space. “Port of Colombo is strategically located, as it is situated on the main trading lane. In comparison, Vallarpadam Port has a difficult location, and shipping lines need to travel a few more miles to come to this port. This means they will have to spend more ...

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First 20,000 TEU Container Ship At Tollerort

The COSCO Shipping Aries is the first Chinese container vessel with a capacity of more than 20,000 standard containers (TEU) to call at the HHLA terminal Tollerort. There it will be handled by five high-performance gantry cranes that HHLA has built in recent years for vessels of this size. The new flagship of COSCO Shipping Lines sailed into the Port of Hamburg on its maiden voyage on Friday morning at around 9 a.m. It is being handled at the mega-ship berth at the HHLA Container Terminal Tollerort (CTT). COSCO ships ...

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Navis to Host Inaugural Summit Focused on Exploring the Future Evolution of Terminal Automation Technology

Navis, a part of Cargotec Corporation, and the 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 that it will host its inaugural 2018 Automation Summit on March 13, 2018 in London. The summit brings together many of the world’s largest automated and semi-automated ports and terminals, along with executives and experts from Navis, to discuss the current state terminal automation and how operators can capitalize on the next wave of innovation. Automation has become ...

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Port of Tauranga lifts FY earnings guidance

Port of Tauranga, New Zealand’s biggest port company, raised its full-year earnings guidance after posting a 13 percent gain in first-half profit that was driven by growth in cargo volumes. Net profit rose to $47 million in the six months ended Dec. 31 from $41.9 million a year earlier, the company said in a statement. Sales rose to $141 million from $125 million. The company raised its forecast for full-year profit to a range of $92-$96 million from the $88-$92 million guidance it gave at its annual meeting and up ...

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‘VOC Port to be a mainline vessel handler’

To enhance the efficiency and quality of port services, more infrastructure developments were envisaged under the reframed ‘inner harbour optimisation scheme’ so that the port could handle 140 million tonnes of cargo per year, according to Chairman of V.O. Chidambaranar Port Trust Jeyakumar. Addressing a function organised by Indian Chamber of Commerce and Industry (ICCI) to give away the best export and port user awards here on Thursday, he was hopeful of getting Cabinet approval for the projects by April. Dredging work would be taken up at a cost of ...

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Crimean Ports Under Sanctions Looking for Way Out to Iran

Crimea’s ports, which are not operating at full capacity due to the fear of ship-owners incurring fines from Ukraine and western sanctions, are considering the possibility of working with Iran as well as Syria, Crimean Deputy Prime Minister Georgy Muradov announced. “Our ports are barely loaded and so we are working on a Syrian and Iranian direction, so that ships carrying numerous loads will be able to travel to these countries, which do not impose constraints,” Muradov said at a press conference in Simferopol on Tuesday. In his opinion, Russia ...

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“Air quality & emission measurements in ports at the forefront”: The outcomes of Poseidon Med II workshop in Piraeus

Air quality, the leading priority of European ports, was the focus of last Friday discussion, organised by CERTH within the European co-funded project Poseidon Med II, which took place at Piraeus Port Authority, bringing together executives from the shipping and energy sectors as well as representatives from governmental bodies, local authorities and relevant associations. During the welcome session, the Secretary General of Ports, Port Policy and Maritime Investment (Dr Christos Lampridis) and representatives from Piraeus Municipality (S. Voidonikolas, Vice-Mayor) and Attica Region (G. Gavrilis, Piraeus Vice-Regional Governor & P. Chatziperos ...

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S&P Global Platts Deploys Blockchain For Collation Of Fujairah Oil Inventory Data

S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced that it is deploying a proprietary, secure Blockchain network to allow market participants to submit weekly inventory oil storage data to Fujairah Oil Industry Zone (FOIZ) and the regulator, FEDCom. FOIZ hosts the Middle East’s largest commercial storage capacity for refined oil products. As exclusive publisher of FOIZ’s weekly oil inventory numbers, S&P Global Platts continues to partner with the Emirate in its journey to becoming a global trading hub. ...

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Vallarpadam Port loses out to Colombo on smaller draft, higher charges

A relatively smaller draft, high vessel-related charges and a not-so-good location makes it difficult for Indian ports such as Vallarpadam in Kerala to keep tariffs consistently competitive in a market where the neighbouring Port of Colombo draws much higher volumes in the transhipment space. “Port of Colombo is strategically located, as it is situated on the main trading lane. In comparison, Vallarpadam Port has a difficult location, and shipping lines need to travel a few more miles to come to this port. This means they will have to spend more ...

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Chamber of Shipping Statement on the Implementation of an Interim Protocol for Anchorages on the BC South Coast

The Chamber of Shipping welcomes the Government of Canada’s announcement of further details concerning the review and modernization of anchorage operations as part of the Oceans Protection Plan. The success of the Canada’s international trade through its western gateways continues to put pressure on the need for anchorages when fluidity of the supply chain is challenged during the winter months. The current framework for managing anchorages throughout the South Coast of British Columbia has not been coordinated in a manner that addresses the impacts on coastal communities. The Interim Anchorage ...

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U.S. port to receive four Chinese-made cranes

A Chinese heavy-lift ship carrying four big container cranes is sailing toward Tacoma, a port city in Washington state, local authorities said this week. The 47,107-ton heavy load carrier Zhen Hua 28, which is 232 meters long and carries the flag of China’s Hong Kong, is scheduled to arrive on Friday in the port of Tacoma, according to the latest announcement by the Northwest Seaport Alliance (NSA), the port authority based in the Puget Sound region that comprises the seaports of Tacoma and Seattle, the largest city in Washington. The ...

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Bintulu Port 4Q net profit rises marginally, declares 10 sen dividend

Bintulu Port Holdings Bhd’s net profit rose by 2.2% to RM44.11 million in the fourth quarter ended Dec 31, 2017 (4QFY17), from RM43.16 million a year ago, on contribution from the operation at Samalaju Industrial Port. Earnings per share was up at 9.59 sen in 4QFY17, from 9.38 sen in 4QFY16. Quarterly revenue also grew 12.1% to RM186.27 million, from RM166.12 million a year ago. The port operator also declared a final dividend of 6 sen per share and a special dividend of 4 sen per share for the financial ...

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