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All-time high rail traffic boosts Port of Gothenburg container volumes

Newly published Port of Gothenburg freight figures for 2019 showed that container volumes at the Port of Gothenburg rose for the second year in succession. Container freight from the whole of Sweden is being increasingly channelled to the Port of Gothenburg by rail. In total, 456,000 TEU were transported through the port by rail – this is the largest rail volume in the port’s 400-year history. “Growth in rail volumes is reassuring on several levels. The fact that we are the port of Sweden – from north to south – ...

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Russia’s Pacific port of Kozmino saw oil exports up by 9.2% in 2019

Russia’s Pacific port of Kozmino increased oil exports by 9.2% last year to a record high of 33.2 million tonnes, pipeline monopoly and the port’s operator Transneft said on Monday. Kozmino became operational in 2009 and is part of Russia’s plans to forge closer ties with the Asia Pacific region. It exports low-sulphur ESPO (East Siberia – Pacific Ocean) blend from Siberia. Transneft said 78% of total ESPO exports were shipped to China last year. Kozmino also exported oil to Japan (7%), South Korea (6%), Singapore (2%), New Zealand (2%), ...

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Port of Aden sets offloaded cargo record in 2019

Yemen-based Port of Aden has set an all-time record in 2019, witnessing the largest increase in the volume of offloaded cargo in its history, with the support of two cranes provided by Saudi Arabia. The Saudi cranes grant to the port contributed significantly to the higher volumes, both in relief aid and commercial imports. Yemen Ports Authority information director Abdullah Al-Sharafi confirmed an increase of 14 per cent in offloaded cargo over 2018 volumes, in addition to a 17 per cent increase in the number of containers handled, added the ...

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Gwadar port offers new opportunity for Afghan economy

The port of Gwadar now plays a new role, facilitating the transit trade for Afghanistan, by providing a most economical trade route for the war-torn nation. Afghan traders have been using two Pakistani ports – Karachi and Port Qasim in Sindh – for the transit trade, but now the Gwadar port in neighbouring Balochistan provides an additional facility, which is closer to Afghanistan, and moreover, it gives quick clearance of their goods. The first ship of transit trade for the land-locked country arrived at the Gwadar port recently. Experts in ...

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VOC Port will attract many industries: Chairman

V.O. Chidambaranar Port’s hinterland will attract a large number of industries and hence infrastructural chances will be undertaken, said T.K. Ramachandran, Chairman of V.O. Chidambaranar Port Trust, during the Republic Day celebrations here on Sunday. The Chairman unfurled the national flag and took the salute of the parade by contingents of CISF, Port Fire Services, and NCC students from the Port Schools. In his address, Mr. Ramachandran said that the primary hinterland of the port will attract a large number of industries from the Smart Port Employment and Economic Development ...

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Shipping Ministry’s Kolkata Port tableau irks Trinamool

West Bengal’s tableau failed to make it to the Republic Day celebration in Delhi, but the State was not altogether absent in the mega-show on the Rajpath on Sunday. Kolkata Port Trust’s tableau, hosted by the Ministry of Shipping, showcased a bit of Bengal and a giant Howrah bridge, under the theme, “Glorious past and vibrant future — the Kolkata Port Trust (KoPT).” The showcasing of Bengal, after rejecting its official tableau proposal, irked ruling Trinamool Congress (TMC). Party leader in the Rajya Sabha Derek O’Brien asked “is anyone surprised? ...

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HOT PORT NEWS from GAC

Reclamation works for Integrated Waste Management Facilities Monday, January 27, 2020, Hong Kong

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U.S. Long Beach Port executives upbeat about trade this year after downturn

Looking ahead into 2020 and beyond, U.S. Port of Long Beach Executive Director Mario Cordero anticipated “better times ahead” in which markets will open again to U.S. goods, and energy exports will increase as well. At the Port of Long Beach annual State of the Port luncheon on Wednesday, Cordero acknowledged that the trade dispute with China had put a spoke in the port’s wheel this past year. The U.S.-China trade dispute caused a reduction in trade with China, by far the port’s largest trading partner and comprising 41 percent ...

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India: Cargo handling at ports gains momentum

In an early indication of economic recovery, cargo handling in Indian ports is witnessing a spike. The trend was noticed since mid-December and gained momentum in January. Cargo handling at ports normally improves in December-January. But this year has been different due to sluggish economic growth during the last two quarters. The manufacturing sector suffered contraction for nearly five months with trailing effect on port operations. According to Indian Ports Association (IPA), 12 major (government-run) ports reported barely 0.98 per cent growth in cargo during April-December 2019. Though the growth ...

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Qatar’s QTerminals wins tender to develop, operate Ukrainian sea port

Qatari sea port operator QTerminals has won a concession tender to develop and operate Ukraine’s Black Sea port of Olvia, Ukrainian Prime Minister Oleksiy Honcharuk said. QTerminals, a joint venture between state-owned Qatar Ports Management (Mwani Qatar) and shipping and logistics group Qatar Navigation (Milaha), is due to invest 3.4 billion hryvnias ($133 million) in the next five years. It will also pay an 80 million hryvnia ($3.27 million) concession fee annually, Honcharuk said, giving no more details. Established in 1992 in the Mykolayiv region, Olvia can accept vessels with ...

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Port of Hamburg not expecting reduction in container throughput caused by liner service changes announced by Ocean Alliance and Maersk

From April, the Ocean Alliance NEU 5 service handled by EUROGATE Container Terminal Hamburg – CTH is being transferred to Antwerp. This service will be run by the Ocean Alliance Partner, CMA CGM as FAL 3 with an approximate annual volume of 150,000 TEU. Going forward, according to CMA CGM, the entire container volume carried until now to and from Hamburg by this service will be handled by the five Ocean Alliance liner services continuing to call in Hamburg. These are the full-container services NEU 2, NEU 3, NEU 4, ...

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Transshipment of cargo to N-E States through Chittagong to help coastal shipping

The proposed transshipment of goods to North-East India, particularly Tripura and Mizoram, through Chittagong port in Bangladesh, may help reduce the cost of sea movement of cargo between the two countries, according to a Kolkata port official. India and Bangladesh recently prepared ground for transshipment through Chittagong and Mongla port. According to port sources, a trial shipment will soon go to Agartala through Chittagong. Bangladesh has already granted port connectivity to North-East India through Chittagong. As part of the plan, India upgraded the highway and established rail connectivity between Agartala ...

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Susah Secures Port

A major new port project is underway in Libya, with the developer leveraging a wide-range of complementary skills, as AJ Keyes confirms. Michael Guidry is used to working in difficult circumstances and getting the job done. A specialist in security services in some of the world’s most dangerous locations, he may not be the obvious choice to develop a new, largescale port and logistics centre, but upon closer inspection of his skills, knowledge and capabilities, then the decision is actually highly logical. Libya is a country that has been beset ...

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Gujarat High Court holds IGST on ocean freight ‘ultra vires’

The High Court of Gujarat has declared the imposition of integrated goods and services tax (IGST) on ocean freight as ultra vires and held that such a levy was not permissible under the law. The landmark judgment has brought about major relief to the importing community as this tax was mired in controversies leading to its challenge before the high court. The court has junked two notifications levying the tax on the ground that they lacked “legislative competence” and held that no tax was leviable under the law. “We have ...

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Nigeria: Lekki Port to Berth Vessels of 18,000 Teus When Completed

The management of Lekki Deep Seaport yesterday disclosed that the port would be able to berth ships carrying about 18,000 TEUs when it becomes operational. One TEU is twenty-foot equivalent unit is an inexact unit of cargo capacity often used to describe the capacity of container ships and container terminals. The management also said it had achieved 50 per cent completion of the breakwater, which is one of the largest and critical part of the port project. The Technical Director, Lekki Port, Steven Heukelom, who made this disclosure during a ...

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