Thousands of containers that arrived from China post outbreak of Coronavirus are stranded at various Indian ports as documents giving details of goods inside the boxes that need to be given to Indian consignees are stuck inside locked offices of shippers at Chinese cities. As a result, Bills of Entry (BoE) could not be filed with the Customs Department to clear the containers. BoE is prepared by shippers containing information of the goods inside the container, and is presented to Customs by the consignee for clearing the boxes. The consignee ...

Refined product inventories at the Middle Eastern hub of Fujairah edged up 0.7% in the week to Monday, led by a 9% jump in stocks of heavy residues, according to data obtained exclusively by S&P Global Platts from the Fujairah Oil Industry Zone at the Port of Fujairah. Oil products stocks totaled 22.956 million barrels on February 17, up from 22.804 million barrels a week earlier, the data showed. The total edged higher despite stocks of both light and middle distillates declining in the week. February is a seasonal slow ...

As the implications of the Wuhan Coronavirus become clear, ports and maritime law firm Hill Dickinson, an Associate Member of the British Ports Association (BPA), has published a short paper on the virus and its potential implications on the UK ports sector as part of the BPA’s Port Futures Programme. The Programme is a series of papers considering emerging and innovative trends in the port sector. This article is part of a forthcoming wider piece of work from Hill Dickinson and the BPA examining the potential impacts of pandemics on ...

Yesterday, the technology group Wärtsilä, together with project partners Carnival Maritime and HVCC Hamburg Vessel Coordination Center (HVCC), announced they have successfully implemented and tested a new solution for just-in-time sailing. Together, the partners have achieved the seamless exchange of data between ship and shore under real-life conditions, thereby enabling optimal port arrival. Furthermore, the applied solution, Wärtsilä Navi-Port, has received approval in principle from Bureau Veritas Marine and Offshore for meeting the classification society’s cyber security requirements. The untimely arrival of ships to port is a costly problem Ships ...

Citi C.N and Deutsche Bank DBKGn.DE have started talks with other banks to sell roughly $9 billion in debt Dubai raised to take full control of DP World DPW.DI and refinance borrowings of Dubai World, sources familiar with the matter said on Wednesday. Dubai announced this week one of its state companies, Port and Free Zone World (PFZW), part of state investment vehicle Dubai World, aims to buy publicly listed shares of port operator DP World in a deal with a $13.9 billion valuation which will end up adding billions ...

Yesterday, ESPO has published its Position Paper on the European Green Deal objectives in ports. The publication of this position paper fits into the European Shipping Week (ESW), currently taking place in Brussels. In the framework of the ESW, ESPO and ECSA have organised today a workshop on “Decarbonising the shipping industry: What’s already happening and how can we help accelerate it?”. The Executive Summary of the ESPO Position Paper reads as follows: 1. European ports welcome Europe’s ambition to be the world’s first net zero emission area by 2050. ...

With seaborne cargo throughput up by 1.1 percent at 136.6 million tons, Germany’s largest universal port can report an excellent result for 2019. In the face of a slowdown in worldwide trade and trade sanctions, Hamburg gave a good account of itself in a difficult environment. “The Port of Hamburg is not only one of Europe’s top logistics hubs, but also powers jobs in Hamburg and a much larger area,” said Senator Michael Westhagemann. “A total of up to 165,000 workers directly and indirectly employed there ensured that we were ...

The Antwerp XL Main Deck Conference program, published today, sets out what will be an international masterclass on the future of breakbulk. The conference will feature key decision makers from major cargo owners, shipping companies and consultancies from across the world, and will take place on the second and third day of Antwerp XL – the world’s only event dedicated exclusively to maritime breakbulk (21-23 April). Mark Rimmer, Antwerp XL Divisional Director, says, “Our conference is lining up to be the most important exploration into the challenges and opportunities facing ...

On berthing in Chennai, a health team of the Port Health Officer (PHO) boarded the vessel and examined all the crew Chennai: Two Chinese crew members of a ship, which arrived from the novel coronavirus-hit China, have been kept in isolation due to fever while the vessel has been “kept away from access”, the Chennai Port Trust said here on Wednesday. The ship with 19 Chinese crew had visited ports in that country and was allowed here on Tuesday after the 14-day incubation period from its last visit to a ...

Industrialists who invested in the nation’s ports logistic value chain with the establishments of bonded terminals have expressed anger and frustrations about alleged official neglect of the facilities by the Nigerian Ports Authority, NPA, and the Nigeria Customs Service, NCS, among others. Speaking on the issue, Executive Chairman of Fano Shipping Agencies Limited, Damian Emeka Obianigwe, expressed reservation about the commitment of the government to the investment agreements. Obianigwe said the NPA should be blamed for the collapse of the Lagos ports’ roads and the gridlock it engendered, for failing ...

Cargo volumes at the port of Mombasa are expected to reduce in the next few weeks as the outbreak of the coronavirus continues to afflict China’s manufacturing and overseas trade. China is the main source market of East African manufactured goods. According to the Shippers Council of Eastern Africa (SCEA), there will also be an increase of vessels’ docking time at the port as authorities around the world, including the Kenya Ports Authority (KPA), screen all crew members for the virus and inspect all vessels entering their ports. SCEA executive ...

The International Court of Arbitration, a branch of the International Chamber of Commerce (ICC), has ruled in favour of Damietta International Ports Company (DIPCO), a 25%-owned subsidiary of KGL International for Ports, Warehousing & Transport, against Damietta Port Authority (DPA), affiliated to the Egyptian Ministry of Transport . DIPCO filed a lawsuit against DPA for a $1.2 billion compensation, Kuwait and Gulf Link Transport Company (KGL) and KGL Logistics said in two separate statements to Boursa Kuwait on Tuesday. KGL International for Ports, Warehousing & Transport is 38.92% owned by ...

Cargo volume was down slightly in January at the Port of Long Beach, compared to the same month in 2019. Terminal operators and dockworkers moved 626,829 twenty-foot equivalent units (TEUs) last month, down 4.6% compared to January 2019. Imports decreased 4.3% to 309,961 TEUs, while exports dropped 7.4% to 108,624 TEUs. Empty containers sent overseas declined 3.7% to 208,244 TEUs. “The new year is starting with a new set of challenges that are impacting importers and exporters, but we remain optimistic and expect to see modest growth in 2020,” said ...

Implementation of regulation to prevent air pollution Wednesday, February 19, 2020, Hong Kong

The British Ports Association has today welcomed confirmation that Kelly Tolhurst MP, Parliamentary Under Secretary of State for Transport will be the Minister responsible for ports. Last month the BPA set out a number of priorities for the ports industry in 2020. A number of huge challenges await the Minister this year. In addition to the introduction of Freeports and new trade relationships, sustainability, the energy transition, connectivity, innovation, and safety will all be filling the Minister’s in-tray. Commenting on the appointment, BPA Chief Executive, Richard Ballantyne, said: The BPA ...