Filipino Port Operator Invests $130 Million In Iraq’s Umm Qasr Port
Philippines-based global ports operator International Container Terminal Services ICTSI is investing in Iraq’s southern Umm Qasr commodities port.
ICTSI will operate, develop and expand the port, near Iraq’s border with Kuwait, and invest $130 million in the first phase of the deal.
Umm Qasr sits at the top of the strategic Gulf waterway and, while it does not export oil, it is vital in servicing the oil sector, and receives grain shipments and heavy equipment used in the oil industry.
The Manila-based port management company signed a contract with General Company for Ports of Iraq involving the container facilities at Umm Qasr.
The three-stage project involves constructing three quays that can handle a cargo of 1,500 containers, in addition to storage yards and installation of six gantry cranes, two for each phase.
“The estimated cost of the project is $140 to 150 million dollars for each stage. Each stage involves construction of a quay and a 200,000 square metre yard opposite to store containers and machinery, which are used to load and unload vessels,” said Sharif al-Battat, commission manager at ICTSI.
Battat added that the first quay should be operational by August. www.hellenicshipp...
Kalmar to deliver 10 straddle carriers to DP World’s West Swanson Terminal in Melbourn
Kalmar, part of Cargotec, has received orders for 10 diesel-electric straddle carriers from DP World for their West Swanson Terminal in Melbourne, Australia. One order for five units was booked in Cargotec’s 2015 fourth quarter order intake and the other five units were booked in 2016 first quarter order intake. The machines will be delivered during the third quarter of 2016.
New 2M shipping schedule excellent news for port of Rotterdam
The container shipping alliance 2M – formed by Maersk Line and MSC – published the new shipping schedule for its Europe-Asia route today. And the changes have proven very much to Rotterdam’s advantage, with an extra first port of call position and an extra last port of call position in the itineraries of the largest vessels. The Port of Rotterdam Authority consequently expects a substantial increase in 2M container volumes in the period ahead. The existing shipping schedule already included Rotterdam as last port of call: the prime position, commercially speaking. In the new schedule, this status of ‘favourite’ will be doubled, since Europe’s largest port has been selected as first port of call on the important AE10 service, which offers the shortest transit time between the Far East and the North West Continent. The AE10 service is maintained by vessels with a capacity of 18,000 TEU.
In the five revised 2M schedules, one service no longer includes Rotterdam as a port of call. This service is maintained by smaller 13,000-TEU vessels. However, this loss is amply compensated for by Rotterdam’s improved position in the four other east-west services maintained by the larger ships. In its forecasts, the Port of Rotterdam Authority will therefore be taking account of a substantial increase in the number of containers that need to be handled on behalf of 2M.
Source: Port of Rotterdam Authority
Onshore Jamaica LNG terminal expected online by mid-2018
The onshore Jamaica LNG terminal, known as the Old Harbour project, is expected to be completed by mid-2018, according to a statement by the Jamaican government on 1 June.
The island’s information service stated that a supply agreement has been finalised by developer New Fortress Energy and utility Jamaica Public Service.
Agreements have also been reached with Chinese engineering, procurement and construction (EPC) provider China Power, which is building the terminal.
In the short term, New Fortress Energy is providing a floating storage unit (FSU) to Montego Bay. The FSU, which is expected to be the 138,000cbm Golar Arctic, is expected to be installed by the end of the year. Anglo Dutch Shell was named by sources as one of the likely term suppliers for the Jamaica LNG supply, but this could not be immediately confirmed.
Green groups plan lawsuit over expansion of Port Everglades’ entrance channel
Green groups on Tuesday, May 31, 2016 said they are planning to sue the US Army Corps of Engineers in a bid to force a rethink about plans to expand Port Everglades in south Florida.
The environmentalists are concerned that the work of widening, deepening and lengthening the entrance channel to the port will entail much more extensive damage to coral reefs than the Corps anticipates.
Parties planning to sue – Miami Waterkeeper, the Centre for Biological Diversity, Florida Wildlife Federation, Earthjustice and a Fort Lauderdale dive shop called Sea Experience – fear that the official projection of 21 acres of coral reef being damaged by the work is a woeful underestimate.
They base their concerns on what happened in a similar project at Port Miami where a far bigger area of coral – equivalent to the size of 200 football fields -was killed than the Corps’ environmental review had forecast.
Unithai Shipyard and Engineering, Thailand’s topr shipyard, has expanded its operations to a deepsea port in Thailand’s western Ranong province.
Supporting the government’s strategic plan to develop Ranong port as a marine transport, logistics and offshore business hub for the region, Unithai Shipyard has signed a memorandum of understanding with Yongchao Company, which provides a wide range of logistical support for oil and gas operations in the Andaman Sea.
“In combining the capabilities of Yongchao and Unithai Shipyard, the operations have become a one-stop-service,” Unithai Shipyard managing director Teerapon Udomkanjananan said. “Once a vessel arrives at the port, all services – including formalities, repairs, crew changes and warehousing – will be completed in just one stop. This will support the expansion of marine and offshore business in this region in the future. And at the same time, this collaboration will also enhance our capabilities in providing the only heavy fabrications available on the Andaman Sea coast.” splash247.com/uni...
Kinder Morgan gets approval for liquefaction project near Savannah
Houston-based energy giant Kinder Morgan announced on Thursday that it has received approval for two of its subsidiaries to go ahead with the near-$2bn Elba Liquefaction Project close to Savannah, Georgia.
Elba Liquefaction Company and Southern LNG Company got the nod from the Federal Energy Regulatory Commission (FERC) to build and operate the facility at the existing Elba Island LNG (liquefied natural gas) Terminal.
They also received approval to proceed with a modification project to expand the Elba Express Pipeline. splash247.com/kin...
Kochi tuning to be the beeline of luxury cruise ships
KOCHI: It seems the Kochi is turning to be the beeline of the luxury cruise ships as nearly few months after the visit of Cruise ship ‘Queen Elizabeth’, it was Royal Caribbean International's billion-dollar smart ship, Ovation of the Seas in India, called at Cochin port on Wednesday.
The worlds most technologically advanced, like her Quantum Class sister ships arrived here with 4,091 tourists. The ship will sail Singapore on Thursday and it will reach there at Singapore on June 8.
The newest Quantum-class ship from Royal Caribbean is equipped with unprecedented offerings for the cruisers adventure activities, entertainment and dining options that will help them delight in cruise travel, featuring the same ground-breaking venues as its sister ships, Quantum of the Seas and Anthem of the Seas. In addition, with Ovation of the Seas, local cruisers are given the option of segmented sailing. Guests have the flexibility to board the ship from Dubai and disembark at Cochin or board from Cochin and go all the way to Singapore on 6 and 8 night cruises respectively. www.newindianexpr...
The Port of Beaumont in Texas and a section of the Neches River were closed after an oil spill from a pipeline. An estimated 800 gallons of crude entered the river from the Jefferson Energy Terminal. Authorities said the source of the leak had been secured. splash247.com/por...
Chinese group to invest $25m for Darwin Port development
Chinese multi-sector company Landbridge Group has announced a plan to invest $25m to develop Australia’s Darwin Port as part of a huge expansion of the port’s operations, including a one-kilometer extension of its quay line.