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India: Cargo traffic at 12 major ports up 4.58% at 561 MT in Apr-January

Buoyed by a demand revival, Indias 12 major ports witnessed a 4.58 per cent rise in cargo traffic at 561 million tonnes (MT) during April-January of this fiscal, according to ports body IPA. These top ports had handled 536.41 MT cargo during the corresponding 10-month period of the last fiscal, as per the latest data by the Indian Ports Association (IPA). The growth in the cargo traffic was mainly attributed to increase in handling of coal, mainly coking coal, containers and petroleum, oil and lubricants (POL). POL traffic grew by ...

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Imports Rose Again at U.S. Ports Last Month

Imports rose steadily at the nation’s seaports in January, as U.S. retailers and manufacturers restocked after the holidays and Chinese suppliers stepped up shipments ahead of an annual two-week factory shutdown during the Lunar New Year. U.S.-bound ocean shipments increased nearly 7.7% across all of the nation’s seaports in January, according to research firm Panjiva Inc., which tracks trade data. That followed a record-setting year for import shipments to the U.S., which rose 4.1% in 2017 from the year before as the nation’s trade deficit expanded to $566 billion, its ...

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Grain movements at northern Brazil ports jumped 80 pct in 2017

The amount of soy and corn moved through Brazil’s new port terminals in the country’s north reached 51.2 million tonnes in 2017, 80 percent more than a year earlier, as traders increase shipments through the terminals that are closer to export destinations. According to annual statistics released late on Thursday by Brazilian government agency Antaq, northern ports such as Barcarena, Itaqui and Santarém are quickly expanding their share of grains transportation compared to traditional export routes such as Santos and Paranaguá in the South. The new terminals in the north ...

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India, Iran sign pact during Rouhani visit on leasing port

India and Iran on Saturday signed agreements including Tehran leasing to New Delhi operational control of part of the Iranian east coast port of Chabahar for 18 months. The $85 million project, just 90 km from the China-sponsored Gwadar port in Pakistan, creates a transit route between India, Iran and Afghanistan, bypassing Pakistan. India is trying to develop Chabahar as a way to gain access to the markets of central Asia as well as Afghanistan. But progress is slow because of concern that President Donald Trump’s administration in Washington may ...

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Risk Assessment And Investment Minimises Hazards

Port hazards can be more effectively managed with risk assessment and investment in specialist materials and equipment. This is the message from retro-fit and structural anti-slip flooring surfaces supplier GripClad, which says the main hazards at ports include injuries from manual handling, moving vehicles and equipment and lifting operations, slips and trips, and falling from heights. The risk of manual handling hazards can be reduced by investing in mechanical handling equipment, such as vehicle-mounted hydraulic hoists, portable roller conveyors and pallet trucks to minimise manual handling operations. GripClad advises educating ...

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India’s largest container terminal JNPT’s capacity to double by 2022, to be on par with Euro ports

The country’s biggest container cargo terminal, Jawaharlal Nehru Port Trust, will be on par with European ports by 2022 when it is expected to handle 10 million teus (a measurement of 20- foot equivalent container units) annually. Before that, its capacity is set to go up by 50%, from the present 4.8 million teus per year, with the launch of the first phase of its fourth container terminal. The handling of 10 million teus annually will put it on par with big ports—Antwerp in Belgium, Hamburg of Germany and Los ...

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BIMCO Report Names Top 3 Performing Bulk Terminals

Santander was rated first in all four major categories: terminal handling of loading/unloading; terminal mooring and berthing arrangements; information exchange between the ship and the terminal and terminal equipment. The report evaluates terminal and port performance from around the world to improve safety standards and the turnaround time of ships calling ports. The results provide an insight into what it takes to be a “good bulk terminal”, but BIMCO still needs more reports from members to establish better ratings and statistics, and to show a more robust picture of the ...

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ABP Crane Investment Set To Lift Booming Port Of Hull To New Heights

The arrival of two state-of-the-art cranes worth £10.5 million will enable ABP’s Hull Container Terminal to handle double the volume of trade by increasing capacity to more than 400,000 units per year. The giant 600 tonne and 50 metre high ship-to-shore gantry cranes made an impressive entrance as they arrived fully assembled through the lock gates on Thursday, 15th February. The new cranes are part of a recent £15 million investment which also includes the purchase of equipment such as reach stackers and tug trailers, and the creation of 9,000 ...

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JNPT to launch Uber type model by March to evacuate and reposition empty containers: Neeraj Bansal

In a bid to cut congestion and bring down logistics cost for the trade, India’s hub port on the west coast – Jawaharlal Nehru Port Trust (JNPT) will commission an uber type model to evacuate empty import container for repositioning. Speaking at the 10th Biennial International Conference on Ports Shipping & Logistics organized by Bombay Chamber of Commerce and Industry, Neeraj Bansal, chairman in-charge, JNPT said, “We are on course to commission an Uber type model to pick up and reposition container and bring down the cost to the trade ...

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Vizag Port figures among top three

Visakhapatnam Port has been ranked among top three performing major ports in the country along with JNPT and Kamarajar ports. Visakhapatnam Port has been placed in ‘good’ category in the index benchmarking the performance of major ports was introduced as part of a study conducted by Dun & Bradstreet for the Ministry of Commerce and Industry. The performance index is developed by combining qualitative perception of stakeholders including customer satisfaction with quantitative outcomes like cargo volumes and physical efficiency. During the study, feedback on both qualitative and quantitative aspects of ...

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Kolkata Port signs concession agreement for liquid terminal at Shalukkhali

The Kolkata Port Trust (KoPT) on Thursday, signed a concession agreement with M/s Hooghly Oil & Gas Terminal Pvt Ltd, a wholly owned subsidiary of IMC Ltd for setting up a liquid cargo handling terminal at Shalukkhali in Haldia. The jetty will be set up on a public private partnership (PPP) mode at an investment of Rs 172.51 crore for handling LPG, LNG, POL products, edible oil and chemicals. The project will be completed within 36 months. G Senthilvel, deputy chairman (Haldia), KoPT and Vimal Chopra, senior vice president (Business ...

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Vopak reports on 2017 financial results

Highlights for full year and Q4 2017 -excluding exceptional items-: Full year EBITDA of EUR 763 million (2016: EUR 822 million). Adjusted for currency translation effects and divestments in 2016, EBITDA decreased by 4% Occupancy rate of 90%, whereby the difference with the high 2016 occupancy rate of 93% is primarily caused by a less favorable oil market structure Full year EBIT of EUR 490 million (2016: EUR 558 million) Full year net profit attributable to holders of ordinary shares of EUR 287 million (2016: EUR 326 million) resulting in ...

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Contraband Detection Equipment To Be Set Up At Ports

The Jamaica Customs Agency (JCA) will, this year, ramp up its efforts to detect contraband and ‘uncustomed’ goods through the procurement and deployment of cargo imaging scanners at various ports of entry. This forms part of the overall plan by the JCA to drive economic growth through trade facilitation, revenue collection, and border protection. Presenting the Throne Speech at Gordon House yesterday, Governor General Sir Patrick Allen said the JCA would intensify its trade facilitation programme to improve service delivery. He said the agency would also further simplify, harmonise, standardise, ...

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Container Terminal St. Petersburg invested € 9.1M in development

In 2017, Container Terminal Saint-Petersburg (CTSP, a company of UCL Holding) spent more than RUB 650 million (EUR 9.1 million) under its development programme. Of this amount RUB 643.6 million (EUR 9 million) was spent for the purchase of handling equipment, expansion of the fleet of vehicles and modernization of the terminal’s technological equipment. In 2017, CTSP put into operation three new Konecranes RTG cranes, a Kalmar reach stacker with lifting capacity of 45 tonnes, Kalmar terminal tractors with lifting capacity of 65 tonnes and Toyota fork lift trucks of ...

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Goldman Sachs and Macquarie seen as front runner in HES Terminals sale: sources

A consortium of infrastructure funds at Goldman Sachs (GS.N) and Macquarie (MQG.AX) is seen as the front runner in the sale of European bulk port terminal operator HES International, worth around 2 billion euros ($2.5 billion), industry sources said. Morgan Stanley (MS.N) is mandated to sell the asset, two sources, whose organizations had considered bidding for it, said. They added that the expectation Goldman Sachs and Macquarie would win put off some prospective bidders. The sources, both in the infrastructure investing industry, said the growth projections provided by the company ...

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