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Paradip Port gets Shipping Ministry award

The Paradip Port Trust has been awarded by the Union Shipping Ministry for witnessing the second highest growth in traffic for FY17. In FY17, the port has handled 88.95 MMT of cargo; a 16.5 per cent rise. During the year, the port’s berth-day output improved to 23139 MT with 12.24 per cent growth and the Berth Occupancy stood at 66 per cent, it said in a press release. Source: The Hindu Business Line

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Major port stakeholders to deliberate green energy initiative, oil spill concerns at 1-day conclave

Indian ports across the 7517 km coastline has embarked upon a mission to promote green energy and improve carbon foot-print and in the process reduce per capita power cost by over 50%. “So far, major ports have already commissioned 16 MW solar and 6 MW wind power projects commissioned to achieve the set target of developing 175 MW of non-conventional energy from Solar and Wind power by year 2022 including 69 MW of Rooftop Solar projects. The stakeholders under the leadership of Honourable union minister of Shipping, Shri Nitin Gadkari ...

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Port Partners Join to Support Long-Standing PPI Transport Symposium

RISI, the leading information provider for the global forest products industry, is pleased to announce the PPI Transport Symposium 22 (TS22), to be held Sept. 25-27 in Savannah, Georgia is being supported by several key port partners including the host port, Georgia Ports Authority. As the longest running conference and exhibition dedicated to the global forest products logistics industry, TS22, organized by RISI in association with IFPTA, is an optimal logistics industry event. The symposium creates an ideal platform to showcase and celebrate the achievements, expertise and services, provided by ...

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Russia’s Transneft says oil loadings from Kozmino resumed after storm

Russia resumed oil loadings from the Pacific port of Kozmino late on Thursday, oil pipeline monopoly Transneft said on Friday. A one-day storm that briefly interrupted the loadings did not impact the overall working schedule, Transneft said. Other ports are working according to their schedule, it added, saying good weather was forecast for the weekend. (Reporting by Vladimir Soldatkin; Writing by Dmitry Solovyov; Editing by Jack Stubbs)

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Corps Visit Highlights Houston Ship Channel’s Importance to Nation

During this week’s meeting of the Port Commission of the Port of Houston Authority, Chairman Janiece Longoria shared highlights of a briefing and tour of the Houston Ship Channel provided last week to Lt. General Todd Semonite, Commanding General and Chief of Engineers for the U.S. Army Corps of Engineers. During his visit, Chairman Longoria outlined the economic impact of the Port of Houston and made the case that dredging the Houston Ship Channel is an investment that generates jobs and economic benefit for the nation. Lt. General Semonite came ...

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AAPA concern over proposed port funding cuts

US President Donald Trump has sent Congress a 2018 budget request which, says the American Association of Port Authorities (AAPA), signals the decline for most federally funded, port-related programmes. Among the budget proposals for next year is to eliminate the US Department of Transportation’s Transportation Investment Generating Economic Recovery (TIGER) grants programme, which last year awarded American ports US$61.8 million in grants to make infrastructure improvements. AAPA President and CEO Kurt Nagle, told Port Strategy that US ports are obviously concerned that the transportation infrastructure they depend on for goods ...

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HOT PORT NEWS from GAC

Hong Kong International Dragon Boat Races 2017 Friday, May 26, 2017, Hong Kong

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Cargo turnover of Baltic ports up 5.8% in four months; the Riga port was in second place

All Baltic ports together handled 52.584 mln tons of cargo in January-April this year, up 5.8% or 2.878 mln tons from the same period in 2016, according to the data released by the Latvian Central Statistical Bureau writes LETA. Of all cargos handled by the Baltic ports in the first four months of this year, 46.6% were reloaded in Latvia, 30.8% in Lithuania and 22.6% in Estonia. Compared to the first four months of 2016, cargo turnover grew in Latvian, Lithuanian and Estonian ports. The cargo turnover of the Latvian ...

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New port law could cause EUR 50 mln losses to the Romanian state

The bill amending the emergency ordinance on the administration of ports and waterways was adopted by the Senate on May 15, and will soon enter the Chamber of Deputies. The draft law should get the approval of the Chamber’s transport and legal committees by the end of this month. Investment fund Fondul Proprietatea, which is a minority stakeholder in the company managing the Constanta port, warned that the bill would cause losses of about EUR 50 million to the state in the next ten years. The new bill will maintain ...

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ICTSI ends sub-concession agreement in Nigeria

International Container Terminal Services, Inc. (ICTSI) said its subsidiary has terminated its sub-concession agreement for the Lekki Port in Nigeria, after delays in the port’s development project. “ICTSI subsidiary in Nigeria, Lekki International Container Terminal Services LFTZ Enterprise (LICTSE) and Lekki Port LFTZ Enterprise (LPLE) have mutually agreed to terminate their sub-concession agreement dated Aug. 10, 2012, subject to a payment of an agreed amount to LICTSE,” the Razon-led company told the stock exchange. The termination of the sub-concession agreement took effect on May 24. The agreement had granted LICTSE ...

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Secretary of State approves Theemsweg Route decision

Sharon Dijksma, the State Secretary for Infrastructure and Environment, has approved the Theemsweg Route decision. This involves altering the course of the Port Railway Line in the port of Rotterdam. The Port of Rotterdam Authority and ProRail will reroute the line over a section of around 4.5 km. The new Theemsweg Route will be completed in 2021, when the Calandbrug reaches the end of its technical service life. This alteration represents a response to the expected capacity bottleneck due to an increase in rail and shipping traffic. Rerouting the line ...

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Hyundai Merchant’s cargo processing soars at local port

Hyundai Merchant Marine Co.’s cargo processing at the Busan Port, the largest sea gateway in the country, increased 72 percent last month from a year ago, helped by its shipping alliances, the company said. Hyundai Merchant processed 15,332 twenty-foot equivalent units of cargo through the port, 453 kilometers southeast of Seoul, in April, the second-largest volume after Maersk. The total includes 81,000 TEUs of imports and exports, an increase of 68 percent on-year, and 68,000 TEUs of transit cargo, up 77 percent, according to the shipping firm. Cargo handling for ...

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Good first quarter for Hamburg’s seaborne cargo throughput as a universal port

In the first quarter of 2017, the Port of Hamburg’s total throughput was up by 1.7 percent at 35.4 million tons. Growth in Germany’s largest universal port was therefore slightly above the average 1.6 percent for the other major North Range ports of Rotterdam, Antwerp and Bremen/Bremerhaven. Contributing to the Hamburg total, bulk cargo throughput was 6.7 percent higher at 12.2 million tons, and general cargo handling at 23.1 million tons, just 0.7 percent lower. In the former segment, the 12-million-ton mark was exceeded for the first time, and the ...

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S. Korea’s seaport cargo up 6.6 pct in April

Cargo processed at South Korean seaports gained ground last month from a year earlier on brisk outbound shipments, government data showed Thursday. Cargo handled at the country’s seaports came to 129.62 million tons in April, up 6.6 percent from 121.54 million tons tallied a year earlier, according to the data by the Ministry of Oceans and Fisheries. Non-container cargo rose 4 percent on-year to 88.74 million tons last month, while container freight jumped 8.9 percent to 2.34 million twenty-foot equivalent units (TEUs). A total of 1.41 million TEUs of export-import ...

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Trump wants $108M for deeper ports, including Port of Boston

President Trump wants $108 million to help two US seaports, including the Port of Boson, deepen their harbors Trump’s fiscal 2018 budget proposal seeks $108 million to be shared by the Port of Savannah, Georgia, and the Port of Boston. Ports not included on his wish list will still benefit from a $56 million boost already approved by Congress. Ports across the US East and Gulf coasts are racing to accommodate bigger cargo ships now arriving through an expanded Panama Canal. The Army Corps of Engineers said Wednesday that it ...

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