Category Archives: Port News

India: PM docks into Ganga riverside ports idea

The reform-minded Narendra Modi government is considering riverside ports at major cities and industrial clusters on the Ganga to boost its ‘Make in India’ initiative. Converting waterways into commerce way is now a priority for the government, a senior official … Continue reading

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India: Kolkata up 7.9pc in 6 months, hits record 500,092 TEU in September

KOLKATA Port Trust (KoPT) handled a record 500,092 TEU in September, breaking all previous records, reports New Delhi’s TransReporter. “Kolkata Dock System recorded a 7.93 per cent growth year on year in container handling in the first six months of … Continue reading

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DP World reports 9.0% like-for-like volume growth in first nine months of 2014

DP WorldDP World Limited handled 44.8 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first nine months of 2014, with gross container volumes growing by 9.0% on a like-for-like basis. On a reported basis gross … Continue reading

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Los Angeles Delays Hit Sales as No. 1 U.S. Port Suffers

After years of ending the holiday shopping season with too much merchandise stacked in their warehouses, U.S. retailers face the opposite this year: They may not have enough. Equipment shortages, labor negotiations and rail delays are slowing shipments from the … Continue reading

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Rotterdam box volume up 4.2pc in first 9 months to 9.21 million TEU

ROTTERDAM, Europe’s busiest container port, has posted a 4.2 per cent year-on-year increase in container volume to 9.21 million TEU in the first nine months of the year. But in growth Rotterdam was outperformed by rival Antwerp, which posted a … Continue reading

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Antwerp up 5pc to 9.21 million TEU in first 9 months – on Dutch congestion

BELGIUM’s Port of Antwerp posted a five per cent increase in container volume in the first nine months of the year to 6.7 million TEU, reports Seatrade Global. Dutch rival Rotterdam, Europe’s busiest box port, posted a slower 4.2 per … Continue reading

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Port of Piraeus tonnage throughput to rise by 7.8% to 16.685 million tonnes, container throughput up by 25%

In our view the Greek economy is slowly getting better, though it remains deeply scarred after six years of recession. We still believe 2014 will see the first year of positive growth since the crisis began. But we have scaled … Continue reading

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Rotterdam-Singapore fuel oil arbitrage hampered by shortage of VLCCs: traders

Lack of available VLCC’s has hampered arbitrage opportunities to send fuel oil to Singapore for physical fuel oil buyers, traders said. “The Singapore arbitrage is definitely open now but players are struggling to find available VLCC to move fuel,” one … Continue reading

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Singapore port’s meter mandate targets frothy fuel

Singapore, the world’s biggest bunkering port, plans to end the so-called “cappucino effect” in ship fuelling through new meters designed to stop suppliers from short-changing customers, although the industry is warning of a short-term sales dip. Bunkering is the process … Continue reading

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Somali port poised for facelift with Turkish help

The Somali government’s grand vision for Mogadishu port under its new Turkish managers sees modern container ships replacing wooden dhows, new cranes easing the back-breaking work of porters and a surge in state revenue as traffic rises. Outsourcing port operations … Continue reading

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Colombian maritime professionals to be trained in Antwerp

APEC, the training centre for the port of Antwerp, is to provide training for shipping professionals from the port of Santa Marta (Colombia) for the next four years. A Memorandum of Understanding (MoU) to this effect was signed today in … Continue reading

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Aqaba dockers end APMT strike, labour court expected to rule on wages

STRIKES at Aqaba Container Terminal Jordan’s only seaport, have come to an end with the union and the port operator APM Terminals (APMT) agreeing to a no-walkout/no-lockout policy while contract talks continue, reports Lloyd’s List. Aqaba has huge strategic importance … Continue reading

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Chabahar port could shape global strategy of India’s state-run ports

Last week, the cabinet led by Prime Minister Narendra Modi approved the framework for India’s participation in developing Iran’s Chabahar port with an investment of $85.21 million, clearing the decks for two of the country’s biggest state-owned ports to venture … Continue reading

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Port of Antwerp on course for new record year after strong third quarter

The port of Antwerp handled a freight volume of 148,344,168 tonnes during the first nine months of this year. That’s 3.7% more than the same period last year. Both the container volume and the liquid bulk volume were strongly up, … Continue reading

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Long Beach Sept up 7.3pc to 629,771 TEU, LA up 9pc to 775,113 TEU

THE Port of Long Beach has posted a 7.3 per cent year-on-year increase in September container throughput to 629,771 TEU, its best September since 2007, the port’s peak year, say port authorities. Imports were up 10.2 per cent year on … Continue reading

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BNCT Celebrates a Strong Future with a Strong Team in Busan’s New Port

Last week, Busan New Port’s newest container terminal held a company-wide event with the whole BNCT family including labor unions and subcontractors to commemorate great results since opening January 1, 2012 and to celebrate an even more promising future together. … Continue reading

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Shenzhen Yantian Port Holdings Net Profit Down 3.8pc to Us$66 Million

SHENZHEN Yantian Port Holdings posted a net profit of 3.8 per cent year on year to CNY16.3 million (US$2.6 million) in 2012, drawn on revenues of CNY22.29, down 12.2 per cent. It’s subsidiary, Yantian International Container Terminals (YICT), handled 2.89 … Continue reading

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India: Cochin Port Trust aims higher cargo movement to Maldives

The Cochin Port Trust is exploring ways to promote cargo movement to Maldives Port through a regular shipping service. A lot of Indian origin produce are now routed to Maldives through Colombo, Dubai and Singapore and there is a scope … Continue reading

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Virginia port erases quarterly loss as monthly volume hits 201,113 TEU

THE Port of Virginia posted an 8.6 per cent year on year container volume increase in September to 201,113 TEU, recording the third straight month throughput hit 200,000 TEU. It also erased last year’s US$3.4 million quarterly operating loss with … Continue reading

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Report reveals strong annual Shanghai shipping figures

A new report on Shanghai’s shipping sector has revealed an encouraging set of annual operating figures and also highlighted various issues, particularly regarding the city’s free trade zone launched in September last year, which are being addressed as it closes … Continue reading

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Emerging Opportunities In Indian Ports and Shipping Sector

The Shipping Tribune is pleased to announce “Emerging Opportunities In Indian Ports and Shipping Sector” a one day conference on February 6th, 2015 at Holiday Inn, Andheri (East), Mumbai, Introduction & Objective The emerging -global economy has opened up new avenues … Continue reading

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LA’s September’s container volume up 9pc to 775,133 TEU

POSTING its highest monthly box volume since 2006, the Port of Los Angeles’ September container throughput was up nine per cent year on year to 775,133 TEU. Year-to-date volumes were up 7.8 per cent to 6.3 million TEU. September exports … Continue reading

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Cabinet approves Iran port project

In a move that could offer significant geo-strategic advantage to India by way of smooth access to Afghanistan, the Union Cabinet on Saturday gave its approval to India’s participation in the Chahbahar port project in Iran. The Cabinet chaired by … Continue reading

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Hiranandani Group awards contract for LNG facility

Real estate firm Hiranandani Group has awarded a contract to Sener-Afcons J.V. For an 8 million tonnes per annum LNG import, storage and regasifications terminal at Jaigadh port at Ratnagiri in Maharashtra. “H-Energy Gateway Private limited (HEGPL), a Hiranandani Group … Continue reading

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