Monday 13 October 08 - 13:22
 

Bevis Marks

  • UNDERWRITING FOR BEGINNERS

    Looking at your average modern container port during one of its quieter moments in the day you would hardly credit how many risks are concentrated in these few acres of hard stand, sheds and handling equipment. 

Bulk Trades

Industry News

  • HST

     

Industry News Development & Investment

  • ..Meanwhile in Siberia

    Volumes at Vostochny International Container Services (VICS) increased by 48% in the first half of 2003. Under the joint management of CSX World Terminals (CSXWT) and P&O Ports since 1995, the increase is in addition to growth of 145% since 1999. 

  • Pension problems delay investment

    A senior official at South Africa's Public Enterprises Ministry, Dr Ian Phillips, conceded recently the national ports authority had had to support a huge financial burden in attempting to keep afloat the pension fund of its holding company Transnet. By 1999, Transnet was having to find US$253m simply to service the fund's debt, with profits generated by the ports redirected to this end. 

  • Aguadulce study

    US consultants Moffatt & Nichol are due to complete a feasibility study for the proposed Colombian port on the Aguadulce Peninsula by the end of this year. 

  • JNPT gets third box terminal

    The third container terminal being developed by India's Jawaharlal Nehru Port is almost certain to be offered as a concession based on minimum guaranteed throughputs (MGTs), rather than revenue sharing. 

  • BMT to Vietnam

    BMT Maritime Consultants has opened an office in Hanoi. 

  • PSA Corp cuts wages

    PSA Corp has negotiated pay cuts with its unions in an effort to be more competitive. 

  • PSA policy shift nets Cosco

    PSA Corp's sale of a 49% stake of its Pasir Panjang terminal to Cosco follows a policy shift by the state-owned operator. 

  • ICTSI boosts revenues

    Improved top line revenues resulting from continuing volume growth combined with minimal increases in operating costs have enabled ICTSI to produce consolidated gross revenues of $64m, up 38% over last year's first half revenues. 

  • Piraeus IPO at last

    Piraeus Port Authority (OLP) has finally gone ahead with its Initial Public Offering on the Athens Stock Exchange. 25.5% of OLP's stock has been floated and was oversold by almost 20 times. 

  • Tianjin to double capacity

    Tianjin is to invest $2.18bn to expand its facilities to rival those of Shanghai. At present the northern port is China's fourth largest having handled total traffic of 129m tonnes in 2002. 

  • Tarragona goes south

    Puerto de Tarragona, which holds a concession to develop the Argentinean port of Rosario, has started work costing $2m at terminals 1 and 2. 

  • Teesport steels itself

    PD Teesport has expanded its conventional cargoes by 24% (700,000 tons) over a recent six month period. Both its cargo handling facilities at Tees Dock and Hartlepool have seen growth which has resulted in the need to employ 50 additional stevedores. 

  • Coal Greymouth's catalyst

    Greymouth's owners, the Grey District Council, have approved a staged approach to developing the west coast South Island, New Zealand port, with the object of matching development with customer commitments. 

  • Russians get go-ahead..

    Preliminary construction of a new deep-sea port at Vostochny in the Kaliningrad Region has started. Located close to the town of Baltiisk, the port will be used by container lines as well as passenger and freight ferries linking Baltiisk, Ust Luga and ports in Germany. 

  • LETTERS

    Dear Sir, In your July/August issue you published the opinion of Elena Siems, Maersk Sealand manager. 

  • P&O Ports volumes up

    P&O Ports has announced its Q2 throughput was 26% up on Q2 2002 with 22% attributable to organic growth. Globally the company handled 2.743m TEUs in Q2 and 5,217m year-to-date up from 4.086m in the same period last year. 

Industry News Products & Systems

  • Israel orders RTGs

    The Israel Ports Authority (IPA) has ordered 24 new generation RTGs from KCI Konecranes and reserved an option to buy 15 more. The order (excluding the option) is worth €29m and is Konecranes' largest to date. 

  • LUKoil selects Transas

     

  • Gottwald expands representation

    Gottwald Port Technology has appointed Transmate to market its Wide Span Gantries in Holland. 

  • . . . whilst HHLA takes strads

    Following an order from HHLA of Hamburg for eight of its sixth generation CSC340 straddle carriers Kalmar has been awarded two further contracts by HHLA, one for 12 more CSC340 machines and another for four ESC440 machines with an option for four more. 

  • Bromma launches Bluetooth functionality

    Bromma is making Bluetooth technology available on its SCS2 system for easier accessibility to spreader diagnostics. Bluetooth, an open specification that allows for wireless data communication, uses a globally available frequency band for worldwide compatibility. 

  • Tyne's push pull

    The Port of Tyne has improved cargo handling of non-palletised goods at its Tyne Dock by purchasing a Loron fork-mounted Push Pull from B&B Attachments. 

  • Eurogate orders STSs . . .

    Kalmar is to supply two ship-to-shore (STS) container cranes to EUROGATE's Container Terminal Hamburg (CTH). The contract includes an option for a third crane. 

  • J.F.J. DE NUL

     

Industry News Regulation & Environment

  • Humber habitat safeguarded

    An agreement between Associated British Ports (ABP) and UK conservation organisations has helped to safeguard the future of the Humber Estuary as one of Britain's key habitats for migrating birds. 

  • EU OKs investment subsidy to Dutch box terminal

    The EU has announced that the investment subsidy obtained by Huisvuilcentrale Noord-Holland (HVC) to build a new river container terminal at Alkmaar in The Netherlands does not breach community regulations. 

  • "Mighty Tidy" beats out "Stinky Pinky"

    The Buffalo Bayou Partnership with the Port of Houston and the local flood control agency, have commissioned a new trash skimmer vessel named "Mighty Tidy", designed to remove floating rubbish and debris from the Buffalo Bayou. 

  • Mombasa audited and re-equipped

    Kenya Ports Authority (KPA) has formed a committee to investigate waterfront operations at Mombasa Container Terminal. The team is expected to recommend an appropriate IT system for the management of water and yard operations at the port. 

  • Tarragona eyes EU SSS subsidies

    Changes in EU legislation next year have prompted Tarragona Port Authority, BASF, Dow and the Tarraco line to explore ways of using short sea shipping to move chemical products between Tarragon's adjacent petro-chemical estate and ports in Italy. Subsidies may become available to put more hazchem products on vessels rather than sending them by road. 

Industry News Security

  • China signs CSI

    China has formally joined the Container Security Initiative (CSI) to target and pre-screen containers shipped from Shanghai and Shenzhen to US ports. 

  • Transhipment hubs warned

    Chuck Raymond, ceo of Horizon Lines, has said that container security cannot become a reality unless there is "a coordination of all parties participating in cargo movement." 

  • Jamaica spends a billion on upgrade

    The Port Authority of Jamaica has committed over $1bn to upgrade port security in Kingston and Montego Bay. 

  • Gothenburg gets help on ISPS

    Hudson Trident has been appointed by the port of Gothenburg to conduct an International Ship and Port Facility Security (ISPS) Code assessment of the port authority's facilities. 

  • Billions for airline security, pennies to ports

    Helen Delich Bentley, former Chairwoman of the Federal Maritime Commission, has called on US Congress to reconsider pending legislation that requires private sector terminal owners and the nation's seaports to absorb nearly all the costs involved in a massive security overhaul of America's maritime industry. 

Industry News Trade & Services

  • Pusan loses transhipment customers

     

  • Grangemouth reactivates rail

     

  • Iron ore indices launched

    Freight Investor Services (FIS) has launched two new iron ore price estimates prompted by the buoyant 530m tonne seaborne trade. They will be known as Iron Ore 1 (C&F Rotterdam) and Iron Ore 2 (C&F China). China's booming economy has accounted for an explosive increase in the trade. 

  • Maersk diversifies across southern Spain

    Maersk Sealand is negotiating with Dragados with a view to basing its enhanced North African container services at Terminales del Sudeste, which the construction company is building at the southern Spanish port of Malaga. 

  • Landlocked countries get relief

    The UN-hosted Conference of Landlocked and Transit Developing Countries has come up with a plan to reinforce the right of all countries to enjoy secure access to the sea. The plan incorporates policy guidelines for reducing red tape for landlocked country exports. 

  • CSCL

    China Shipping Container Lines (CSCL) has confirmed Malta Freeport as its hub for Mediterranean transhipments. CSCL will operate a weekly pendulum service linking Asia, the Mediterranean and the North American West Coast calling Malta weekly. The service is expected to generate a throughput of 100,000 TEUs annually. 

Manpower & Training

  • Could Do Better

    Steve Cameron assesses the imperatives to achieving better recruitment and training practices in the ports sector. 

Port Investment

  • TAKING THE RISK: Heavyweight Strategies

    Neil Davidson , a director of Drewry Shipping Consultants, evaluates the strategic aims of the global container terminal operators with a particular eye on the risk factor. 

  • TERMINAL ATTRACTION: WHAT'S THE DEAL?

    In the first of a two-part analysis, Nick Elliott talks to institutional lenders about their criteria for lending to the developing world's port sector. 

Port Perspective

Regional Survey

  • A TALE OF Two Rivers

    Well-crafted strategies are fine but don't always expect your neighbours to agree with them reports Tom Todd 

  • Caribbean WHIRLWIND

    The battle for transhipment volumes in the Caribbean is stronger than ever, reports Rainbow Nelson . 

Terminal Performance

  • SUPER CRANE

    Andrew Foxcroft tracks the inexorable growth of the super post-panamax ship-to-shore gantry and explains why terminals are right to favour them. 

  • GRABBING OPPORTUNITIES

    Times are tough for grab manufacturers and any change of fortunes are over the horizon, writes Benedict Young 

Viewpoint

Motorship