Ningbo Port acquired 85% equity of Zhoushan Port for 457 million USD
Ningbo Port acquired 85% equity of Zhoushan Port for 457 million USD, as part of the merger deal between the two ports. The process of merger started in September 2015 after Zhoushan shelved its IPO plan in 2015 in working towards the merger. The Ningbo Port will issue new shares to its controlling shareholder Ningbo-Zhoushan Port Group at total worth 3.01 billion CNY (equal to 457 million USD), which will be used to acquire the 85% stake in Zhoushan Port from the merged parent firm Ningbo Zhoushan Port Group. The finance transaction put the restructuring of the both port into final stage and will optimize the structures of management, providing more efficient operations and big annual cost reductions.
Ningbo Port and Zhoushan Port have worked on the merger deal since August 2015, before confirming the deal on September 29. Before the merger, Ningbo Port had 5.9% equity stake in Zhoushan Port, but following the completion of the latest proposed 85% share acquisition, Ningbo Port will hold 90.9% stake in Zhoushan Port. www.newsmaritime....
New dock in Halifax’s north end busy with oil & gas industry
The redevelopment and expansion of Richmond Terminals in the Port of Halifax is proving to be a wise investment.
The new-look terminal for breakbulk and general cargo accepted its first shipment in late 2014, some massive cranes from Houston for the Halifax Shipyard, and has been a busy spot ever since.
“We are pleased with the way this facility is finding its place in the market,” said Halifax Port Authority’s Patrick Bohan. “It is definitely lining up with what the vision for it was, and it is nice growth for our business.”
In 2015, the terminal, which underwent a $65-million upgrade, was in use 297 days with a number of days having more than one vessel.
The terminal has 450 metres of new dock with a 13.7-metre draft, 7,000 square metres of shed space and just over two hectares of laydown area. The facility has ondock rail and truck access. More to read at: thechronicleheral...
BG Group and Keppel to fuel ships with LNG in Singapore
BG Group and Keppel Offshore & Marine have secured the license to supply LNG bunker to vessels in the Port of Singapore after submitting a joint bid to the Maritime and Port Authority of Singapore. With the granting of the license, BG Group and Keppel will form a 50-50 joint venture to deliver an end-to-end bunkering solution using LNG sourced from BG Group's diversified LNG portfolio. www.scandoil.com/...
Dutch shipping firm WEC to begin new European and North African route from the Port of Liverpool
WEC Lines will begin weekly calls to Seaforth on February 10 offering connections to the Iberian peninsula, north Africa and the Canaries. It will connect Liverpool with Lisbon, Setubal, Leixoes and Sines and vice versa, with other links to Ireland, Scotland, Morocco, Spain and the Canary Islands.
In a statement to ECHO Business, WEC Lines said: “This is a major new development for us, offering a dedicated, faster and direct container service for our customers in the Iberian peninsula, north Africa and the Canaries.
“We’re seeing growing demand to ship via Liverpool to provide better access to the heart of the UK. www.liverpoolecho...
Port Hedland evacuates vessels as tropical low approaches
Vessels at Australia's largest iron-ore export terminal, Port Hedland, are being evacuated as a tropical low weather system approaches, Pilbara Ports Authority said on Thursday. The evacuation of vessels from the inner and outer anchorages is expected to be completed by 04:00 GMT. Port Dampier, one of two ports used by Rio Tinto to ship iron-ore, will evacuate vessels from 10:00 GMT, Pilbara Ports Authority said.
In the year just ended, 2.1 million passengers, an increase of 2.0 %, passed through the Port of Kiel while 6.2 million tons of cargo were handled – 4.2 % less than in the previous year. The decline in cargo is mainly the result of weak bulk cargo handling totals. Neither power station coal nor grain handling could show increases over the previous year. Dr Dirk Claus, Managing Director of the Port of Kiel (SEEHAFEN KIEL GmbH & Co. KG) said: “Despite the depressed bulk cargo handling we are satisfied with the results because the Port was able to hold its own in its hub business sectors. In addition we made some important changes in order to show grow once again this year. The handling of paper products from north Sweden, which has already begun, will contribute to this.” In the passenger transport sector Kiel profited from a strong season in cruise shipping, which led to increased passenger totals overall. “No other German seaport currently has more passengers who spend at least one night on board a ferry or cruise ship than Kiel has”, Dirk Claus said. More at www.portofkiel.co...
Gard Alert: Panama Canal – deck cooling during transit
From 18 January 2016 and until further notice, the Panama Canal Authority (ACP) has introduced special procedures to prevent the automatic activation of pressure relief valves on tankers transiting the Panama Canal. This as a means to enhance the safety of Canal operations, as well as Canal customers, and to reduce or eliminate possible disruptions in transit scheduling. According to ACP’s Advisory to Shipping No. A-02-2016:
-Transiting crude oil tankers, product carrier, and chemical tankers carrying cargoes with flashpoints of less than 18°C are required to cool their main decks with water by means of the on-deck water sprinkler system or any other means available in order to prevent automatic activation of their pressure relief valves during transit.
-The cooling of the main deck shall be performed between 1000 and 1600 hours while the vessel is underway at Gatun Lake or Gaillard Cut, or at anchor in Canal waters. However, this procedure should be stopped while the vessel is transiting through the locks or is in the vicinity of the locks, and when Canal deckhands are on board. More at www.hellenicshipp...
Port of Savannah will add eight new ship-to-shore cranes by 2019, as port moves all-time high container units
Savannah, GA, January 25 – Port of Savannah will add eight new ship to shore cranes by 2018, as port moves all-time high container units.
Over the last calendar year, the Port of Savannah moved an all-time high 3.73 million twenty-foot equivalent container units, an increase of 391,356 TEUs, or 11.7 percent compared to CY2014.
"The expansion was fueled in part by heightened demand in the U.S. Southeast, Savannah's logistical advantages drawing new customers to Georgia, and cargo diverted from the West Coast," said GPA Executive Director Curtis Foltz.
Total tonnage across all terminals reached a record 31.48 million tons in CY2015, an increase of 1.09 million tons, or 3.6 percent. Container tonnage accounted for most of that growth, adding 991,031 tons (up 4 percent), for a total of 25.81 million tons. Bulk cargo added 60,705 tons (up 2.2 percent) to reach 2.86 million, while breakbulk cargo grew 1.7 percent, or 47,358 tons, to reach 2.79 million tons. gsnmagazine.com/n...
Moray Firth campaigners to fight oil transfer plan
Campaigners fighting a plan to allow ship-to-ship oil transfers in the Moray Firth are to hold a public meeting later.
Cromarty Firth Port Authority has applied for permission to carry out such operations off the Ross-shire coast. Ship-to-ship transfers are carried out within Scapa Flow in Orkney.
Its application said it expected to make the transfers no more than four times each calendar month.
The campaigners said they fear the plan could cause an environmental disaster.
The port authorities have to be granted permission from the Maritime and Coastguard Agency to allow the transfer of crude oil.
The application states that a maximum of 8,640,000 tonnes of crude oil would be transferred each year. www.bbc.com/news/...
The strike will affect the ports of Piraeus, Aspropyrgos, Eleusis, Pachi, and Megara, starting on Wednesday January 27, 2016 at 6 a.m. local time, running until Friday at 6 a.m.
During the strike, vessels will be unable to berth at, or sail from, affected ports.
Inchcape Shipping Services (ISS), notes that Thessaloniki will be working as normal during the strike period, as their tug crews will not be participating in the strike. It is reported that dockworkers are also expected to participate in a 24-hour nationwide general strike on February 4, protesting demands for pension cuts by Greece's bailout creditors.
News of the latest strikes is said to come just days following the Greek government's decision to sell the country's 67 percent stake in the Piraeus Port Authority to China Ocean Shipping (Group) Co. for a reported €368.5 million ($400.5 million). shipandbunker.com...