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Kalmar Co-Create aims to discover new ideas to shape the future of cargo handling during TOC Europe 2018

Kalmar, part of Cargotec, will organise a idea creation challenge, Kalmar Co-Create, during TOC Europe that will take place in Rotterdam, The Netherlands. The two-day event organised on 12-13 June 2018 aims to discover disruptive ideas to specific customer challenges in container handling industry through co-creation with terminal operators, solution providers and development partners. “We at Kalmar want to shape the industry through promoting openness and collaboration. We have invited three teams from our partner network to work on specific customer pains. TOC Europe provides us with a great opportunity ...

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Port of Heysham’s timely digitalisation of RoRo port terminal

The RoRo terminal at the Port of Heysham is the hub for a large part of the freight that travels between north-west England, the Republic of Ireland, Northern Ireland, and the Isle of Man. Three ferry companies transport 265,000 freight units through the terminal each year. Port of Heysham awarded to Hogia the contract to supply a terminal operating system to digitalise the management of freight transport through the terminal thereby increasing the terminal’s efficiency and throughput, while at the same time reducing stress and increasing job satisfaction in staff. ...

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S. Korea’s trade insurer to offer US$1.15 bln financing for Kuwaiti LNG terminal

South Korea’s trade insurer said Tuesday that it plans to offer US$1.15 billion worth of coverage in the construction of a liquefied natural gas (LNG) terminal in Kuwait to support local builders. In a statement, the Korea Trade Insurance Corp. (K-sure) said the money will be used in a project being managed by the Kuwait Integrated Petroleum Industries Co. (KIPIC). Hyundai Engineering Co., Hyundai Engineering & Construction Co. and the Korea Gas Corp. (KOGAS) formed a consortium and secured the deal to build the LNG facility at the Al-Zour industrial ...

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JNPT looks to buy out smaller cash-strapped ports to ramp up capacity

Jawaharlal Nehru Port Trust (JNPT), the largest container port in India, wants to use its sizeable cash reserves to buy out smaller cash-strapped ports to quickly ramp up capacity. The Mumbai-based port operator has hired a consultant to carry out a feasibility study and identify potential acquisition targets, said Neeraj Bansal, chairman-in-charge, JNPT. Among the options being evaluated on the west coast are the loss-making Mormugao Port Trust in Goa and Dighi Port, a private port in Maharashtra’s Raigad district owned by Balaji Infra Projects Ltd and IL&FS Ltd, which ...

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Adani looks to Rothschild to sell slice of its coal port operations

Indian mining heavyweight Adani has appointed investment bank Rothschild to sell a stake in its Abbot Point port operations in Queensland in a move sources said could help it raise funds for the controversial Carmichael coal mine. The Indian miner, which is planning to build the proposed Carmichael mine in Queensland’s Galilee Basin, is also understood to be looking for a second investment bank to work on the sale, and has asked banks to pitch for it, according sources familiar with the matter. Adani’s Abbot Point terminal is a $2 ...

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Tanzania: Dar Port Dwell Time Target Elusive

The average dwell time for local containers for the last five years at the Dar es Salaam Port has missed the five-day target set by the Big Results Now (BRN), the Annual Performance Monitoring Report 2017 shows. The report, Promoting Efficiency in Transport, Logistics Value Chain and Trade in the Region for April 2018, revealed that the average dwell time in 2013 was 9.94 days, 7.74 days in 2014, 3.58 days in 2015, 3.73 days in 2016 and 5.58 days in 2017. “This shows that according to BRN’s target of ...

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Shipping: Maersk Line plans to double service to Port of Montreal

Buoyed by increasing trade volumes, the world’s largest shipping company is doubling its service to the Port of Montreal. Maersk Line announced on Wednesday that it plans to add a weekly service connecting Montreal with ports in the Mediterranean. The shipping line currently has a weekly service that connects Montreal with ports in northern Europe. “With the favourable pro-trade environment in Canada, we’ve seen healthy growth rates for Canada’s trade overall. Last year, we saw levels around seven per cent for imports and exports,” said Jack Mahoney, the president of ...

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Kalmar drives openness and collaboration at TOC Europe 2018

Kalmar, part of Cargotec, will be focusing on industry collaboration at the TOC Europe exhibition that will be held on 12-14 June 2018 in Ahoy Rotterdam, The Netherlands. “In line with the theme “Together we can shape the future”, we are inviting our customers, partners and other stakeholders to join in the discussion and innovation process to shape the future of cargo handling. During the event, we will demonstrate our aim to drive the industry transformation through openness and collaboration. The activities include a mini-hackathon, interactive demonstration sessions, a partner ...

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Continuation Of “CAP 2020” Project For New Container Dock

Dunkerque-Port is a major player in goods transport and the economy of the Hauts-de-France region. It enjoys an ideal geographic location in norther Europe on one of the world’s busiest seaways, large land reserves, and a potential market of 80 million consumers; as well, its good accessibility and high-quality infrastructures enable it to berth very large ships such as latest-generation container carriers. As France’s foremost multimodal port, Dunkerque-Port is steadily strengthening its position with a constantly-growing share of road-alternative transport modes (52% in 2017). To exploit all these advantages in ...

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High winds restrict Malta bunkering operations Port Authority

Bunkering at the port of Malta has been restricted due to a strong wind warning, a spokesman for the port authority said early Wednesday. Bunkering operations are continuing only in area 3, the spokesman said. The wind is forecast to get as high as a force 5. The port previously suffered from strong winds at the beginning of May, and more recently has been struggling with product availability due to a lack of cutterstocks in the Mediterranean. Cutterstocks are used in the blending process to produce on-specification RMG 380 CST ...

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Kuwait Petroleum plans $2.6 bln loan for LNG terminal -sources

A Kuwait Petroleum Corporation-owned firm plans to borrow up to $2.6 billion from banks and export credit agencies to build a liquefied natural gas import terminal, banking sources said. Kuwait Integrated Petroleum Industries Company (KIPIC) will use the money raised to develop the terminal at Kuwait’s Al Zour complex, which also has a refinery and a petrochemical facility. KPC did not respond to requests for comment on the planned loan for the LNG facility, which will be used to meet domestic demand for gas and is expected to be operating ...

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HOT PORT NEWS from GAC

Control of smoke emissions by vessels in port Wednesday, May 23, 2018, Singapore

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Argentina grain dock workers to hold 24-hour strike-union

Argentine grains ports will be paralyzed by a 24-hour strike on Thursday to demand better working conditions and protest against government talks with the International Monetary Fund (IMF), a union spokesman said on Tuesday. The government, reeling from a 15 percent swoon in the local peso currency this month, has asked the IMF for a standby finance agreement that the opposition fears will include onerous fiscal belt-tightening conditions. Strikes are common in Argentina, where workers are hard-pressed to negotiate salary increases that keep them ahead of the country’s notoriously high ...

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Egypt’s Suez Canal revenues rise to $479.3 mln in April

Egypt’s Suez Canal revenues rose to $479.3 million in April, up from $463 million in March, official statistics showed. The Suez Canal is the fastest shipping route between Europe and Asia and one of the main sources of foreign currency for the Egyptian government. Source: Reuters

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Coal vessel activity at Colombian ports up on week: cFlow

A total of 13 vessels departed key Colombian coal terminals in the week to Tuesday, up from seven a week earlier, with South America remaining the key destination for Colombian coal, according to cFlow, Platts trade flow software. Two ships left for southern Europe, unchanged from the previous week, with one ship each to Spain and Turkey. No ships were seen headed to the main Northwest Europe hub of Amsterdam-Rotterdam-Antwerp in the last two weeks. The total deadweight tonnage of the vessels sailing was 1.5 million dwt, more than double ...

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