Busan Port Authority (BPA, President Nam Ki-chan) said that it signed a contract with Samsung SDS to operate a logistics center in Rotterdam, Netherlands on 18th February, 2020. BPA will begin a construction of the logistics center in September this year and complete and operate it in around June 2021. Samsung SDS will provide comprehensive logistics services for small and medium-sized companies conducting business between Europe and South-Korea for 10 years from the opening of the logistics center. The signing ceremony was attended by Hong Won-pyo, CEO of Samsung SDS, ...

The Department of Transport, Tourism and Sports advises that updated templates for Port Security Plans for 2019-2024 have been made available. The Port Facility Security Plan template should be used for ‘Article 2.4 Single Facility’ ports where an approved assessment confirms that the boundaries of the port and the facility are the same; and individual port facilities within multi-facility ports. A separate ‘combined’ Port Security Plan template is for single facility ports where Article 2.4 of EU Directive 2005/65/EC does not apply and which includes the requirements of that directive ...

Two California ports will collaborate to identify and address operational issues to improve efficiency and lower costs for shippers while improving sustainability, business continuity and security. The memorandum of understanding (MOU) signed by the ports of Los Angeles and Long Beach is an opportunity to explore five areas of cooperation that will enhance competitiveness: cargo transfer predictability, digital connectivity, cybersecurity, establishing metrics and workforce development. “Our two ports are the fastest way to move goods between Asia and U.S. markets and manufacturers,” said Port of Long Beach executive director Mario ...

The regulator for insurance, the National Insurance Commission (NIC), has disclosed that it is cooperating with companies in the marine sector to check and certify the authenticity of insurance policies at the country’s ports. According to the Commissioner of Insurance, the collaboration is necessary to assist checking insurance on imported goods that make way into the country. This follows efforts by the commission to move into the marine insurance space after successfully implementing the Motor Insurance Database policy to check vehicle insurance. Justice Yaw Ofori described that the move will ...

Konecranes has won an order for 20 RTG cranes from APMT’s West Africa Container Terminal in East Nigeria. The order was booked in two parts, the first in December 2019 and the second in January 2020. Delivery is scheduled for Q4 2020 – Q2 2021. APMT’s West Africa Container Terminal (WACT) is located in Onne Port, part of the Onne Oil and Gas Free Zone in Nigeria. It was one of the first container terminals to be built in Nigeria under public/private ownership. It offers excellent hinterland connections to the ...

The race to build oil-exporting terminals offshore Texas is hitting roadblocks amid the coronavirus outbreak as negotiations stall with potential customers in Asian markets. While Sentinel Midstream’s Texas GulfLink deepwater terminal project remains on schedule, the spread of the COVID-19 virus comes just as the company is trying to nail down contracted shippers and buyers, especially in Asian markets, Sentinel CEO Jeff Ballard said Tuesday in an interview. The outbreak is coming just months before the US Maritime Administration is expected to start handing out the first permits to commence ...

A fully operating port cyber security center, coastal emergency plan and interactive ISPS port security mobile app up as WPSP Safety & Security Award finalists Safety and security of ship and cargo operations are crucial within any port. With the advance of global terrorism, cross-border criminality and digitization, security problems have obtained new, challenging dimensions. To uphold their regulatory duties and responsibilities and enforce applicable laws and regulations, port are having to come up with innovative and technology-led solutions. Port of Los Angeles – 2nd Generation Cyber Security Operations Center ...

Infrastructure Australia’s announcement today prioritising the development of suitable East Coast deepwater container port facilities should come as music to the ears of internationally-trading businesses across the country, according to Port of Newcastle CEO Craig Carmody. Australia’s independent infrastructure adviser today noted the need for “a network of deep water ports” along the East Coast to accommodate large ships that are currently unable to visit due to port constraints, marking the issue as a “priority initiative”. Mr Carmody said Infrastructure Australia had correctly identified a major deficiency in the nation’s ...

A ban on imports from China, slapped by the government in order to prevent the spread of coronavirus to Pakistan, has resulted in imposition of “unfair” demurrages on importers whose merchandise is waiting for clearance at Pakistani ports. They have urged the government to introduce a special policy for extraordinary circumstances like this. “Many importers have stated that their consignments from China have been put on hold at ports in order to prevent the outbreak of deadly coronavirus in Pakistan,” said Karachi Chamber of Commerce and Industry (KCCI) President Agha ...

Container imports into the 10 largest U.S. ports dropped 4.1% in January, a reprieve from December’s 12.5% decline and November’s 6.5% decline. These recent downturns are driven by China tariffs. Vagaries related to the Chinese New Year holiday make single-month comparisons in these early months less meaningful. However, broader actual measures point to a consistent downward trend. The six-month trailing numbers are down for the fifth straight month — to a 4.6% decline — and the 12-month trailing numbers are down for the ninth straight month, to a 1.8% decline. ...

Octopi, part of Navis and Cargotec Corporation, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global shipping industry, announced today that they have signed a partnership agreement with Chile-based terminal operator Ultraport to implement Octopi TOS at its cargo terminal in Punta Arenas. Ultraport, ranked the top terminal operator in Chile, operates nine terminals throughout the country specializing in a variety of different cargos, commodities and resources. Rooted in a 2018 Ultraport initiative to establish operational excellence across its different ...

The British government is refusing to ask ports to get ready to implement new checks on goods moving between Britain and Northern Ireland, a decision that risks inflaming tensions between London and Brussels ahead of next week’s trade talks. Prime Minister Boris Johnson’s spokesman, James Slack, insisted businesses in Northern Ireland will have unfettered access to the market of mainland Britain. And, he said, the government had not asked any ports to prepare for new checks on goods moving between Britain and Northern Ireland. That may raise fears among European ...

Gastrade, the Greek developer of a planned floating LNG import facility at Alexandroupolis in northern Greece, has extended the deadline for binding bids for capacity in the project to March 10, it said late Monday. The original deadline for interested participants to submit their offers was Monday, but Gastrade opted to extend the deadline to allow interested parties more time to submit their bids. In particular, Gastrade said it wanted to attract bidders that did not take part in the first, non-binding phase for expressions of interest in Alexandroupolis LNG ...

On 17 February 2020, DP World (DPW or the company) announced its intention to delist from Nasdaq Dubai citing the board’s decision that the disadvantages of remaining listed outweigh the advantages. The top management was of the opinion that: The company needs more flexibility to react to industry changes driven by consolidation of shipping lines. Long-term investment cycles of the industry diverge from public shareholders’ shorter-term perspective. Listing has not provided the anticipated access to capital or other funding. Understanding the corporate structure Port & Free Zone World (PFZW) is ...

Oiltanking Grindrod Calulo (Pty) Ltd (OTGC) announced that the development of the Liquid Bulk Terminal in the Port of Ngqura has stalled. OTGC is a joint venture between operating partner Oiltanking GmbH, a German multinational that is one of the largest independent operators of tank terminals for oils, gases and chemicals worldwide, and local partners Grindrod Limited, a JSE listed Freight and Financial Services company, Calulo Investments (Pty) Ltd, a diversified BBBEE investor in the petrochemical industry and Adopt-a-School Foundation, a non-profit organisation which supports education in disadvantaged schools. OTGC ...