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Chabahar port will be game changer for India trade, could rival China’s OBOR initiative

At the banquet hosted by President Ram Nath Kovind and attended by dignitaries led by Prime Minister Narendra Modi on Saturday night, visiting Iranian President Hassan Rouhani ended his speech by saying that Tehran was committed to suppling for all energy needs as well as transportation requirements of India. Dr Rouhani’s speech indicated that Iran was going back to its time-tested friends such as India after a high from 2015 nuclear deal, which is now being questioned by US President Donald Trump. The operationalisation of Chabahar port, 72 kilometers west ...

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January traffic highest ever at Hamad Port

Hamad Port continues to make the country proud by accomplishing new feats. It has begun the new year with another achievement. The port received a total of 182 vessels in January, which was the highest number of vessels handled in a month since the start of operations at Hamad Port, which is the largest port in the region. Compared to the previous month, the traffic has increased 15 percent as 159 vessels had harboured in December 2017. According to Qterminals, 137 commercial vessels and 45 military/offshore vessels had called at ...

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NGOs Call on Rotterdam Harbour to End Coal Shipments

Europe Beyond Coal groups and other NGOs have called on the Mayor of Rotterdam, Mr Ahmed Aboutaleb; the CEO of Rotterdam Port, Mr Allard Castelein; and the Rotterdam City Council, to phase-out coal transshipments. In November last year, the city council accepted a motion that asks the Mayor and Aldermen to plan the coal phase out in Rotterdam harbour at a speed that respects the United Nations Paris Climate Agreement. However, there has been no visible movement since then. On February 21 and 22 the city council will convene again. ...

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Rotterdam: Less fuel oil and more LNG bunkered in 2017

In 2017, the sale of bunker oil – fuel for shipping – in the Rotterdam bunker port diminished from 10.1 million m3 to 9.9 million m3. Most bunkers contain fuel oil, in 2017, 8.3 million m3. The throughput of bunkered liquefied natural gas (LNG) – liquefied natural gas – increased from less than 100 tonnes to 1500 tonnes. ECA According to market parties, approximately 1 to 1.5 million m3 of bunkered fuel oil consists of so-called ‘ultra-low sulfur fuel oil’ with a sulfur content lower than 0.1% (ULFSO). Ultra-low sulfur ...

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Post-Brexit port health border disruption still a major concern for British ports

Responding to the publication of the Commons Environment, Food and Rural Affairs Committee report on ‘Brexit: Trade in Food’, the British Ports Association warned that without agreements on cross-border environmental health standards there could be major disruption at UK and EU ports. The report suggested that changes in UK-EU trade arrangements could lead to serious disruption for food supply chains and Richard Ballantyne, Chief Executive of the British Ports Association, said: “Perhaps one of the biggest Brexit challenges ports could face is accommodating new environmental health standards inspections at the ...

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Digitalisation signals “fourth industrial revolution” for global ports sector: PEMA

The digitalisation of ports and terminal operations offers ways to realise a “fourth industrial revolution”, bringing with it safety, operational, and environmental benefits, delegates heard at the Port Equipment Manufacturers Association annual general meeting, which was held in the Spanish port city of Bilbao. “With the necessary ambition among PEMA members, everybody can be best in class in improving safety, driving efficiency, and reducing environmental impact,” PEMA president, Ottonel Popesco, told AGM delegates. Digitalisation themes that were explored during presentations included artificial intelligence, data management, cyber-physical systems, and interoperability between ...

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The mysterious China Overseas Ports Holding Company

China Overseas Ports Holding Company Pakistan (COPHC-Pakistan), the company building Gwadar Port – the centerpiece of the CPEC and a key node of China’s OBOR – is a company of unknown credentials at best, or a fishy one at worst. On its website (cophcgwadar.com), COPHC-Pakistan says it is “a branch company of COPHC which is an emerging and fast growing company in Hong Kong”. That is the only thing the company has to say about its profile, background and key management. Documents submitted by COPHC-Pakistan to the Securities and Exchange ...

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JNPT to nearly double container handling capacity to 10 mn TEUs by 2022

Jawaharlal Nehru Port Trust (JNPT) will nearly double its container-handling capacity with the setting up of a fourth container terminal. The new FCT will add a capacity of 24 lakh containers (or twenty-foot equivalent units) per year in Phase-I and after completion of Phase-II in 2022, the capacity of JNPT will be 10 million containers per year. Prime Minister Narendra Modi will inaugurate the first phase of the fourth container terminal of JNPT in Mumbai tomorrow. The fourth container terminal has been constructed on design, build, fund, operate and transfer ...

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Transshipments at Colombo Port up by 20.4-pct in January

Transshipment operations at the Port of Colombo have shown a significant increase in January this year against last year amid an increase in productivity, Sri Lanka Ports Authority said. Accordingly against 362,451 transshipment TEU operations in January 2017, together with the JCT, SAGT and CICT, the Colombo Port has recorded 436,303 transshipment TEU operations for the month of January this year marking a competitive increase of 20.4 percent. Sri Lanka Ports Authority controlled Jaya Container Terminal (JCT) which recorded 114,282 transshipment operations in January 2017, has recorded 164,252 Transshipment operations ...

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Four vessels docked at Chabahar Port since inauguration

Chief Executive of Ports and Maritime Organization (MPO) Mohammad Rastad said that a number of four ships, carrying wheat, sugar, chemical fertilizer and steel, have taken berth in Chabahar Port since the inauguration of first phase of expansion project of Bandar Shahid Beheshti. In an interview with MNA correspondent on the distribution of domestic cargo in ports of the country, he added, “with the coordination made in this regard, distribution of domestic cargo will be done via sea, so that Bandar Shahid Rajaei operates in the form of containerized hub ...

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Nigeria: Export Barge Yet to Arrive Apapa Port 10 Days After Flag-Off

The barge conveying the first export of manganese, a solid mineral resource from the Ikorodu Lighter Terminal has not arrived Apapa port, 10 days after flag-off, LEADERSHIP can report. Recall that the managing director of the Nigerian Ports Authority (NPA), Ms. Hadiza Bala-Usman had on Wednesday, February 7 flagged-off the exportation of the solid mineral from Ikorodu to APM Terminal, Apapa through badges. Ms. Usman at event said the movement of the solid mineral is of huge economic advantage to the country and that using barges to ferry containers of ...

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Port of Singapore Authority wants free pricing regime; worried over RoI from India ops

Pitching for more parity in policy formulation vis-a-vis private ports, global terminal operator Port of Singapore Authority (PSA) today said New Delhi should liberalise the pricing power for infrastructure operators. Stating that it has committed over USD 2 billion here in the past two decades, the company said it has not been a financially rewarding experience being in India and has underlined the importance of profitability, calling it essential for reinvestment. “Gradually, it will not be a disadvantage for India to move towards an open tariff regime, like many other ...

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China’s energy revolution calls for rethink by fossil-fuel ports: expert

A logistics researcher in Zhoushan, East China’s Zhejiang Province has called for a timeout in building massive ports for crude oil imports, as the nation’s energy consumption transformation could make billions of yuan worth of investments obsolete. 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 January 31, more than 10 provinces and cities across China ...

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PSA officially launches new port terminal in India

PSA’s US$1.2 billion Bharat Mumbai Container Terminals (BMCT) was officially opened at Jawaharlal Nehru Port on Sunday (Feb 18). Indian Prime Minister Narendra Modi officiated BMCT’s opening remotely via live video feed from the site of the future Navi Mumbai International Airport, where he had earlier presided over an event for the airport. BMCT – a subsidiary of PSA Bharat Investments – had signed the concession in May 2014 with Jawaharlal Nehru Port Trust to develop the container terminal on a design, build, operate, finance and transfer basis in Mumbai ...

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HOT PORT NEWS from GAC

Construction of land-based LNG facility underway Monday, February 19, 2018, Gothenburg, Sweden

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