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DP World Chairman Meets Ecuador Minister of Foreign Trade

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem met with Ecuador’s Minister of Foreign Trade, Pablo Campana, at the global trade enabler’s flagship Jebel Ali Port and Free Zone in Dubai recently. The visit follows the ground-breaking ceremony held in September this year to mark the start of DP World’s construction of a greenfield multi-purpose port project at Posorja, Ecuador. The project is part of a 50-year concession the company won last year from the Government of Ecuador to build 750,000 TEU (twenty-foot container equivalent) of capacity to ...

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Vancouver Fraser Port Authority announces changes to access charges coming soon to benefit smaller container trucking companies

Effective January 1, 2018, the amount the port authority charges container trucking companies that are authorized to operate within the port will be changed to benefit smaller companies. The changes are being made in response to feedback from smaller trucking companies and government who said the charges were disproportionate. “We heard concerns from trucking companies and the Government of Canada, including Lower Mainland Members of Parliament,” said Peter Xotta, vice president planning and operations at the Vancouver Fraser Port Authority. “We took that feedback seriously and believe we have now ...

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Container port demand forecast up

Drewry’s latest five-year global container port demand forecast is 4.3% per annum, up from last year. The maritime consultancy made the announcement in its summary of the key trends and developments in the global container port and terminal industry. Projected port capacity expansion is 2.7% per annum, so average utilisation levels will rise, said Drewry. Neil Davidson, senior analyst ports and terminals at Drewry, pointed out, however, that there is a strong focus on optimisation of existing facilities as opposed to building new ones and that terminal operators are focusing ...

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India: Container volumes at Indian ports up 10 per cent in Q2FY18

Container traffic in India grew 10 per cent for the July-September period, the first time this year that it has passed the double-digit mark. “It is the first time that the psychological level of 10 per cent has been crossed and it is very important,” Steve Felder, the managing director for Maersk Line, told here. The volume growth outpaces what was achieved in the last twelve months and he said the company expects the same to continue in the last quarter of the year as well. Felder said this growth ...

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APM Terminals backs off from selling facilities at Pipavav Port, JNPT

APM Terminals Management BV, the container port unit of Danish shipping giant AP Moller-Maersk Group A/S, has backed off from an exercise to sell its facilities at Pipavav in Gujarat and Jawaharlal Nehru Port Trust (JNPT) in Maharashtra, according to top executives at two local firms who participated in the bidding process. “We looked at the two facilities for a potential acquisition. But, APM Terminals decided to put it on hold,” BVJK Sharma, Joint Managing Director and Chief Executive Officer of Sajjan Jindal-led JSW Infrastructure Ltd, told BusinessLine. “We did ...

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Crewing and Ship-Management Software Start-up Grows in Rotterdam

Except for fuel expenses, manning a vessel actually accounts for 60 percent of its operational expenses. Ship management companies often pay very little attention to this outlay – even though the amounts involved are quite substantial. This never ceases to amaze Sofoklis Papasofokli. “Most firms accept these costs as a given. As if it’s only about wages and insurance premiums,” says the CEO of the Cypriot start-up RadiantFleet. RadiantFleet’s platform makes the manning of vessels more efficient and cost predictable. Twenty percent of the ocean-going vessels worldwide are managed from ...

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Hong Kong Port Cargo Throughput Up by 5.3% During Third Quarter to 70.9 million tons

The Census and Statistics Department (C&SD) today (December 5) released the statistics on vessels, port cargo and containers for the third quarter of 2017. In the third quarter of 2017, total port cargo throughput increased by 5.3% compared with a year earlier to 70.9 million tonnes. Within this total, inward port cargo increased by 10.7% compared with a year earlier to 44.1 million tonnes, while outward port cargo decreased by 2.5% to 26.8 million tonnes. For the first nine months of 2017, total port cargo throughput increased by 11.3% compared ...

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Capacity of Kazakhstan’s Caspian ports to increase

The capacity of the Caspian ports of Kazakhstan will reach 25 million tons by 2020. The increase in the ports’ capacity will affect the development of the Trans-Caspian route from China to Turkey and further to Europe via Kazakhstan, Azerbaijan and Georgia, said Maksat Kabashev, vice president for development at KTZ JSC, during the One Belt – One Road Forum. Synergy of transportation and logistics systems of Kazakhstan and China is developing a new architecture of transcontinental corridors, Kabashev believes. Development of the Trans-Caspian route involves the construction of about ...

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Cooperation between the Port of Riga and India became stronger

In early November 2017, Ansis Zeltinš, CEO of the Freeport of Riga, together with representatives of the sector, went on an official visit to India within the framework of the delegation headed by Prime Minister Māris Kučinskis in order to participate in a range of events related to the strengthening of business and international relations. At a transport and logistics conference in Mumbai, representatives presented the logistics sector of Latvia and its advantages in Eurasian transit corridors, as well as familiarised Indian entrepreneurs with the opportunities of using the Latvian ...

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The Port of Helsinki offers a price incentive to reduce vessel emissions and noise

The Port of Helsinki’s price list for 2018 has been published. A new element for next year will be the opportunity to apply for vessel charge discounts on the basis of reduced environmental impacts. The discount is available to those who implement measures that reduce vessels’ environmental impacts: lowered air emissions, noise reduction while in the harbour, or other investments that improve environmental efficiency. Good results are a decisive factor. – As we once again emphasise the importance of managing environmental impacts, we would like to thank our customers for ...

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Paradip port scales new height

The port in the town has received 24 merchant ships in the past 24 hours, setting a record since its inception in 1962. It is a memorable occasion as Paradip port on Sunday achieved the feat of anchoring and berthing as many as 24 ships. Never before, such large ship movement in a day has been successfully completed in the port, said Paradip Port Trust chairman Rinkesh Roy. In three separate shifts, the ships’ movement was mobilised with the simultaneous cargo-handling operation. It was quite a task as unloading or ...

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Tunisia to accelerate completion of deep-water port project

Minister of Transport Riadh Ayara said that the government has created a structure to be tasked with selecting a bank to accelerate the completion of the project of the deep-water port in Enfidha, whose achievement has been blocked since the decision of its creation, in 2010. During a plenary session devoted on Monday, to the draft budget of the Ministry of Transport, Ayara pointed out that 15 boats serve Tunisia including 6 ships of the Tunisian Navigation Company (CTN), adding that the government contribution to the national economy increase from ...

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Savannah outer harbor deepening enters next phase

The final phase of the outer harbor portion of the Savannah Harbor Expansion Project, commonly known as SHEP, is officially underway as of Dec. 1, representatives with the Savannah District of the U.S. Army Corps of Engineer announced this week. The project, which first began in 2015, will deepen the harbor from its current 42 feet to 47 feet, will allow large ships that are now coming through the Panama Canal. Some of these neo-Panamax ships are coming to Savannah already, but they are not loaded to capacity. “The Savannah ...

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Targa experiencing loading delays at Galena Park LPG terminal: sources

Targa Resources’ Galena Park, Texas, LPG export terminal was experiencing loading delays Monday, sources said. Sources pointed to a combination of fog and mechanical issues for a seven- to eight-day delay. Two sources said the 217,000 b/d terminal was having a mechanical issue with a loading arm that is is expected to be fixed in about a week. Two of three jetties at the Targa terminal were empty, while the Crystal River and Clipper Star were waiting outside of the Houston Ship Channel Monday afternoon, according to Platts trade flow ...

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ITF Says ICTSI “not welcome in Africa”

Global port operator International Container Terminal Services Inc. (ICTSI) is facing continued resistance to their Africa expansion plans, with the Philippines-owned company again the target of demonstrations, this time in Durban, South Africa. A maritime industry conference featuring a speaker from the embattled ports company will be hit by protest action from worker and community organisations in South Africa who are concerned about labour abuses in ICTSI’s global network. The port operator has attracted international condemnation in recent months over emerging patterns of labour violations, poor safety standards, and sloppy ...

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