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2017 Christmas Berthing Protocol Tuesday, December 5, 2017, Portland, Australia

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Vale Moçambique withdraws from the Sena Railroad and the port of Beira to export coal

Vale Moçambique, a subsidiary of Brazilian mining group Vale, will stop using the Sena Railroad and the port of Beira for its coal exports, which will be focused on the Nacala Logistics Corridor (CLN) and its deep-water port, said the chairman of the company. Márcio Godoy told daily newspaper Noticias, on the sidelines of the ceremony to sign contracts for financing the CLN, that the company intends to increase coal exports from 12 million tons this year to 17 million or 18 million tons in 2018 coal, “a quantity that ...

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First Ethanol Shipment Departs from Beaumont Terminal Constructed by Green Plains and Jefferson Energy Companies

Green Plains Inc. (NASDAQ:GPRE) and Jefferson Energy Companies, a subsidiary of Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI), today announced that their joint venture, JGP Energy Partners, loaded its first vessel with nearly 3 million gallons of ethanol destined for Brazil. The joint venture is currently loading its second shipment of 10 million gallons of ethanol on a vessel bound for India. “This state-of-the-art terminal aligns with our strategy to grow our downstream distribution capabilities and optimize our logistics platform,” said Todd Becker, president and chief executive officer of Green ...

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Abidjan plans for 14,000-teu container ships

The chief executive of the Ivory Coast’s Autonomous Port of Abidjan – le Port Autonome d’Abidjan (PAA) – has said that expansion work at the port, once completed, will allow it to accommodate vessels holding 14,000 teu. Speaking to news service Euronews, Hien Yacouba Sié said that the port can currently only handle ships with a draft of up to 11.5 metres – or, in other words, no more than 3,500 teu. When the work is finished, it is hoped that the port will confirm its position as both the ...

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Visakhapatnam Port Trust nearing FY18 target of 65MT

With four months to go for completion of current fiscal of 2017-18, Visakhapatnam Port Trust (VPT) crossed its previous year’s cargo handling throughput. VPT in the past eight months achieved 61.02 million tonnes (MT) as against previous fiscal’s 61.02MT as there’s been a significant growth in all types of cargo. Despite sluggish business during the first quarter, VPT is confident of achieving the target of 65 MT of cargo handling in 2017-18, according to a senior official of traffic department at VPT. The improvement of the operational efficiency supported by ...

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Vinalines partners with Belgian enterprise to build grain port in Hai Phong

The Vietnam National Shipping Lines (Vinalines) has asked the Ministry of Transport to allow it to work with Rent A Port of the Belgian Ackermans & Van Haaren Group to invest in developing ports in Lach Huyen – Hai Phong international port. The two sides hope to develop a grain specialised port, capable of receiving 100,000 DWT ships, and construct a 250 hectare logistics centre opposite the grain port to facilitate the handling, storage and distribution of grain for the northern region. Rent A Port plans to buy 10 percent ...

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Chabahar port inaugurated, Iran looks to be key transit route to Central Asia

Iranian president Hassan Rouhani on Sunday inaugurated a $1 billion extension of its southeastern Chabahar port which Tehran hopes will help the country become a key transit route to land-locked Afghanistan and Central Asia. Partnering with Iran in the port development project is India, which is hoping to use the route to bypass Pakistan and reach Afghanistan and landlocked Central Asia. The inauguration of the port project comes some 15 years after India and Iran first formally agreed to develop the Chabahar port in January 2003, during the visit by ...

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DP World Increases Stake In Embraport In Santos, Brazil

DP World has completed the acquisition of an additional 66.67% stake in Empresa Brasileira de Terminais Portuários (Embraport) in Brazil from Odebrecht Transport (OTP). This transaction increases DP World’s shareholding to 100% and the terminal will be rebranded to DP World Santos. The purchase consideration is below 5% of DP World’s net asset value as of 1H20171 and on a pro-forma basis DP World’s net leverage would be 2.8x Net Debt to EBITDA with this transaction compared to the reported 2.6×2 . DP World Santos is the largest Brazilian private ...

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Handling charges: Terminal operators at JNPT not on the same page

A plan to set uniform shifting/handling charges across all container terminals at Jawaharlal Nehru Port Trust (JNPT) to draw more importers to a so-called direct port delivery (DPD) programme, which was rolled out last year to speed up imports through India’s busiest container port, has failed to take off. With private firms running three of the four terminals resisting the move, the rate regulator was forced to notify the rate only for the facility run by the port trust. Approved rates The Tariff Authority for Major Ports (TAMP) has approved ...

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Pelindo II Aims to Make Bengkulu’s Baai Island Port Attractive to Investors

PT Pelindo II Bengkulu is expected to become a port that sustains economic development in the province with more than 2 million residents, according to Pelindo II’s President Director Elvyn G. Masassya. Being on the southern island of Sumatra and surrounded by other provices, PT Pelindo II Bengkulu’s strategic location will serve as sea ports to support sea toll lanes, such as from South Sumatra province, Jambi and also Padang, West Sumatra. Elvyn mentioned that on his Ramadhan safari to Bengkulu on Saturday, June 3, 2017, Pelindo II has given ...

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JSW Infra, Essar Ports, Royal Vopak among firms vying for Sterling Port

Domestic and foreign port operators have shown interest in buying the upcoming Sterling Port in Dahej, according to two people aware of the matter. JSW Infrastructure, a unit of Sajjan Jindal-led JSW Group, Essar Ports Ltd, Shapoorji Pallonji Group, Chennai-based IMC Ltd, and Netherlands-based company Royal Vopak NV have submitted Expressions of Interest (EoI) to acquire the port controlled by the Vadodara-based Sandesara Group, one of the two persons said on the condition of anonymity. Lenders to Sterling Port Ltd plan to bring a strategic investor to replace the existing ...

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HOT PORT NEWS from GAC

ECA Regulations for low sulphur fuel use Monday, December 4, 2017, China

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COSCO unit tops global peers in container handling

COSCO Shipping Holdings Co, the container shipping and terminal operation unit of China COSCO Shipping Corp, has been ranked first in terms of container handling during the third quarter of this year, outshining Denmark’s Maersk Line, according to global shipping consultancy Alphaliner. State-owned COSCO Shipping Holdings lifted 5.49 million TEU (20-foot container units) in the third quarter, a 23 percent increase from the same period last year, surpassing Maersk’s 5.26 million TEU, according to Alphaliner data published this week. Dong Liwan, a shipbuilding professor at Shanghai Maritime University, said the ...

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Oil shipments from Georgia’s Batumi port down 38.4 pct yr/yr

Oil and related shipments from Georgia’s Black Sea port of Batumi in the first 11 months of the year were down 38.4 percent from a year earlier, a senior official at the terminal, operated by Kazakh KazMunaiGas , said. The official gave no reason for the fall, but state company KazMunaiGas has rerouted some shipments to the Baku-Tbilisi-Ceyhan pipeline this year. January-November shipments of crude oil and refined oil products from Batumi totalled 1.887 million tonnes, down from 3.064 million tonnes a year earlier, the official said. Shipments in November ...

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Hapag Lloyd Port of the Month: Bustling Singapore

Dozens of gantry cranes against a backdrop of towering skyscrapers, thousands of containers of all colors, and ships docking and casting off around the clock – welcome to Singapore, our port of the month. The figures are impressive: Some 130,000 ships call at Singapore every year, and there are about 1,000 ships in the port at the same time at any given moment each day. In 2015, approximately 31 million TEU were handled in Singapore, making it the second-busiest port in the world after Shanghai. As one of the largest ...

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