Category Archives: Port News

APM Terminals Seeks More Ports in Turkey on Shipping Prospects

APM Terminals BV, the port operator owned by AP Moeller-Maersk A/S (MAERSKB), wants to buy more ports in Turkey, a market where container volumes are growing twice as fast as the economy. “We are definitely interested to have a port … Continue reading

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India: Dhamra Port to invest Rs 7,000 cr for expansion

Adani Group-owned Dhamra Port Company Limited (DCPL) would invest around Rs 7,000 crore for expansion of cargo handling facility, an official of the company said on Tuesday. “We are embarking on the second phase of expansion of Dhamra Port. The … Continue reading

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DP World ships banned ZPMC cranes to Jawharlal Nehru port

When a ship carrying four quay cranes manufactured by Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC) docks at Jawaharlal Nehru (JN) port near Mumbai on 29 November, it is bound to raise eyebrows because China’s state-owned port crane maker is … Continue reading

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Port of Colombo handles first 16,000-TEUer – 16,650-TEU MSC New York

SRI LANKA’s Port of Colombo has welcomed its first mega box ship when Mediterranean Shipping Company’s newbuilding, the 16,650 TEU MSC New York, berthed at Colombo International Container Terminals (CICT). The terminal operator said it aims to attract more ships … Continue reading

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South Carolina Ports Authority October container volume up 17pc

THE South Carolina Ports Authority (SCPA) has posted a 17 per cent year-on-year container volume increase to 164,672 TEU in October, representing a 14 per cent rise fiscal year to date. “October volume increased 19 per cent over the same … Continue reading

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Eddy Bruyninckx receives Lifetime Achievement Award

Eddy Bruyninckx, CEO of Antwerp Port Authority, was presented with a Lifetime Achievement Award on Monday at a ceremony in Rotterdam. The distinction forms part of the IBJ Awards which are presented annually by the International Bulk Journal. The Award … Continue reading

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Irish Continental pre-tax profit up 6.7pc in Q3 to US$29.8 million

IRISH Continental Group (ICG), operating between Ireland, the UK and the continent, has posted a 6.7 per cent third quarter operating profit increase to EUR23.8 million (US$29.8 million), drawn on revenues of EUR93.4 million, up 10.3 per cent. The company … Continue reading

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Ship queue at Australian Newcastle coal port rises to 4-week high, coincides with rail shutdown

The number of ships sailing towards eastern Australia’s Newcastle port to load coal cargoes this week has increased to a four-week high of 46 from last week’s 38, the Newcastle Port authority said in an operating report Wednesday, November 19. … Continue reading

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Hong Kong port down 3.5pc in October to 1.79 million TEU, Singapore up 5.2pc

FIGURES from the Hong Kong Marine Department showed the port handled 1.79 million TEU in October, representing a year-on-year decrease of 3.5 per cent from 1.85 million TEU in October last year. Singapore’s Maritime and Port Authority reported a 5.2pc … Continue reading

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India: Kerala’s Vallarpadam emerging as hub for empty containers

Shipping lines have started using Vallarpadam Terminal as a transhipment hub for empty containers. A senior port official said the lines regularly reposition empty containers to balance their inventory at different locations across the globe. According to the official, more … Continue reading

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Retailers Head North to Avoid Congestion

A shortage of inland transport capacity and increased waiting times for lorries at ports in the south of England have brought an uplift in the volume of containers to the Port of Liverpool. Over the last 12 months Metro Shipping … Continue reading

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Port of Antwerp contributes to better management of water resources in South Benin

19 November is World Toilet Day when attention worldwide focuses on the 2.6 billion people who do not have access to sanitary facilities, and on the 768 million who do not have access to drinkable water. Antwerp Port Authority is … Continue reading

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India: Ports see shipping fuel demand jump as much as 25 percent

Demand for shipping fuel at major Indian ports has climbed in the past week by up to 25 percent as the cost of refuelling at Singapore, Asia’s bunkering hub, soared following the collapse of the world’s leading supplier, traders said. … Continue reading

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India: Karnataka to develop six minor ports under PPP mode

The Karnataka government proposes to upgrade and modernise six out of 12 minor ports on the west coast under the public private partnership model to attract investment, a senior minister said. “The state government intends to offer these ports on … Continue reading

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West coast employers ask dockers to end go-slows and extend contract

US WEST coast waterfront employers have called on dockers to extend their old contract while talks continue so dispute resolution machinery available can be used. “For the sake of our economy, we call upon the International Longshore Workers Union (ILWU) … Continue reading

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Yang Ming back in black, returns to profitability if first 9 months

TAIWAN’S Yang Ming Marine Transport posted a year-on-year third quarter net profit of TWD$1.4 billion (US$45.6 million), but quarterly revenue figures were not readily available. The company went into the black for the first nine months of the year, supported … Continue reading

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Container lines to roll out US west coast congestion surcharges

Container lines are to roll out congestion surcharges of up $1,000 per feu on trade from Asia for cargo moving through US West Coast ports from 17 November. As labour-related delays continue at US ports members of the Transpacific Stabilization … Continue reading

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West Coast Port Labor Talks Intensify After Worker Slowdowns

Bargaining on a new contract for West Coast longshoremen has intensified after dockworkers who handle a majority of the nation’s cargo began selective slowdowns ahead of the holiday season. Negotiators for the International Longshore and Warehouse Union and the Pacific … Continue reading

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Shanghai box volumes up 7.5pc in October to 3.02 million TEU

THE Port of Shanghai has posted a 7.5 per cent year-on-year increase in container throughput in October to 3.02 million TEU, according to Shanghai International Port Group (SIPG). Year to date, the world’s biggest container port posted a throughput of … Continue reading

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China’s top 7 box ports up 6.1pc in October rising on US economic recovery

CHINA’s top seven container ports’ throughput grew 6.1 per cent year on year in October after growing 6.9 per cent September, according to a Citi Research note. “Throughput in October continued to improve thanks to the US economic recovery, a … Continue reading

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Work Slowdown at Busiest U.S. Port Prompts Plea to Obama

U.S. retailers appealed to President Barack Obama to intervene in contract negotiations between West Coast dockworkers and maritime companies after a work slowdown spread to the nation’s largest container hub ahead of the holiday shopping season. The National Retail Federation, … Continue reading

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India: Cargo traffic up 4.6 % in major ports

Barring New Mangalore Port Trust and Haldia Dock Complex, all the major seaports in the country registered a positive growth in traffic volume from April to October 2014. The country as a whole recorded a 24 per cent dip in … Continue reading

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Sagar Mala project to strive for holistic development of India’s maritime sector

If Prime Minister Narendra Modi’s Sagar Mala project goes according to plan, India will be witness to a holistic development of ports for the first time. So far, the centre and the states have been pursuing port development haphazardly in … Continue reading

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Vale Opens Malaysia Port to ‘Shrink World’ as Iron Ore Drops

Vale SA (VALE5) inaugurated a $1.4 billion port terminal in Malaysia today as the world’s biggest iron ore producer seeks to cut costs of shipping to Asia from Brazil with prices at five-year lows. The facility on the Malacca Strait … Continue reading

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