Hong Kong port loses out to bigger berths in Shenzhen
Hong Kong port could lose further business to Shenzhen because an alliance of three shipping companies would need bigger berths for their large vessels and more space at their docks.
The consolidation of Maersk, CMA CGM and Mediterranean Shipping Co (MSC), which has been dubbed P3, would lead to a cut of 10 sailings per week from 18 at the Kwai Tsing container terminal, said Sunny Ho Lap-kee, the executive director of the Hong Kong Shippers' Council, quoting a report by shipping consultant Alphaliner.
The packed layout of berths and shorter berth lengths at Kwai Tsing, which opened in 1972, means only 15 of the 24 berths in Hong Kong can accommodate large container ships or vessels carrying 11,000 to 18,000 20-foot equivalent units (teu).
The port facilities in Shenzhen are newer and can handle large vessels.
"The area of hinterland per berth at Hong Kong is just half of the international standard because of the acute shortage of land," Ho said. "Bunging (congestion) is very serious in Hong Kong even though our throughput was down last year."
A port operator in west Shenzhen said its business would increase after P3 was up and running.
"The number of calls to Shekou will increase according to the new rotations deployed by P3," said David Deng, a vice-president of China Merchants Holdings International. "Some ports will face call cuts while others will benefit from the consolidation."
Shenzhen overtook Hong Kong as the third-busiest container terminal in the world last year by handling 23.3 million teu.
Hong Kong, which handled 22.3 million teu last year, saw shipments diverted to Shenzhen during a strike at the dock last summer.
The United Arab Emirates (UAE) has expressed its interest to invest in Bangladesh's infrastructure sector, especially in the port development. The UEA has appraised the government of its proposal for building a deep sea port in the country, an official said. Under the plan, a high powered Dubai-based DP World delegation will visit Bangladesh this month or next month to make a presentation before a high level committee on deep seaport chaired by principle secretary. Earlier, Some UAE officials gave proposal of setting up a deep seaport in Bangladesh three years back. The initial offer by DP World for the deep-sea port was between $3 billion and $4 billion, according to a foreign ministry working paper.
The sources said "A high profile Dubai-based DP World of the UAE has expressed willingness to visit Bangladesh in this connection. The UAE wants to invest in our port sector development."
The management of the port of Haifa declared a strike, Monday morning (Feb. 24, 2014), following days of sanctions and disruptions by workers in recent days. Management told the workers not to come until the crisis is over. Shipping companies were told that vessels would not be taken into port and all activity would be stopped. As of Monday morning, trucks have not been allowed into the port to load or unload cargo. Source: Israel National News
Houston Ship Channel vessel boarding was still suspended Monday morning (Feb.24, 2014) because of poor visibility caused by fog, affecting 35 inbound vessels and 25 outbound, dispatchers at the Houston Pilots and Galveston-Texas City Pilots said.
Vessel boarding activities were suspended at 3:40 pm CST (2140 GMT) Sunday (Feb.23, 2014). Initially, activities were suspended very early Sunday but boardings resumed during the day before being suspended in the afternoon.
Last week, vessel boarding in the Houston Ship Channel was suspended because of fog from early Monday through Friday.
The suspension of ship movements in the Houston Ship Channel impacts the import and exports of crude oil, petroleum and petrochemical products.
The 52-mile ship channel provides access from the Gulf of Mexico through Galveston Bay to various ports in Houston and other cities in the area that have many industrial facilities, including refineries and petrochemical plants.
The Houston Ship Channel serves five refineries in the Houston area and three in Texas City with a combined refining capacity of 2.23 million b/d, which accounts for about 13% of total US refining capacity.
Dockworkers on strike against Piraeus Port privatization plans
Dockworkers across Greece held work stoppages on Monday, Feb. 24, 2014 from the beginning of their shifts until 11 am local time to protest against the decision taken by government and state privatization fund TAIPED to sell stakes in the Piraeus Port authority. Workers have also called a number of protests and announced a great demonstration on the day the measure will be debated in Parliament. ''The government wants to obtain a green light from lawmakers to start a procedure to undersell the Piraeus port authority to international monopolies and private funds'', said a statement released by the National federation of Greece's port employees.
Singapore firm buys Chinese port Changshu Changjiang International Port (CCIP)
Singapore: Singapore’s Pan-United Corporation Ltd, through its 85.5%-owned Changshu Xinghua Port (CXP), has bought a a 90% stake in a multi-purpose port, Changshu Changjiang International Port (CCIP), for RMB436.5m.
CXP will acquire 90% of CCIP from Changshu Binjiang Urban Construction Investment & Management (CBUC) under an agreement dated 18 February 2014. CBUC will retain a 10% stake in CCIP. The purchase is expected to be completed by 25 March 2014. CBUC is wholly-owned by Jiangsu Changshu Economic Development Group (JCED), which also owns a 5% direct stake in CXP. CXP expects to finance its purchase of CCIP with cash and bank borrowings.
Located adjacent to CXP, CCIP will increase overall handling capacity by 60% to 16m tons per annum, and expand the current berth length from 1.7 km to 2.8 km. The total land area will also climb by 35% to 1.36 sq km and warehousing space by 67% to 175,000 sq m.
Guigang to invest RMB580m on port infrastructure in 2014
Guangzhou: Guigang in Guangxi province is going to invest RMB580m on 12 port infrastructure projects this year, the local government announced in its latest work meeting. Guigang port on Xijiang River is the largest inland port in west China.
The projects include the construction of new bulk terminals, a grain logistics park and highway connection to the port. [SinoShipNews 20/02/14]
Beijing: The north Chinese province of Hebei is planning to invest RMB17bn in port construction this year, according to the local authority. Hebei is to add 17 new berths with 100m tons handling capacity this year. The major port Huanghua and Caofeidian coal terminal projects at Tangshang port will also be upgraded. Last year, Hebei added 18 berths and completed 800m tons cargo throughput. [SinoShipNews 20/02/14]
he Port Authority of Jamaica (PAJ) has announced plans to begin dredging the Kingston Harbour, with the approved bidder gaining managerial responsibilities at the Kingston Container Terminal (KCT).
The announcement came at the opening of a two-day symposium on the Jamaica Logistics Hub Initiative at the Jamaica Conference Centre, in downtown Kingston.
Speaking at the symposium, Professor Gordon Shirley, chairman and chief executive officer at PAJ stated that preliminary engineering work for the dredging had already been completed.
Addressing the topic ‘Building out the Physical Infrastructure’ Shirley stated the PAJ will complete the works in two phases; firstly “to optimise the existing design limit of the berths that are there now, by taking it down to a draft of 14.2 metres, and then at a later date extending it to 15.5 metres.”
The completion of this project will coincide on the success of negotiations for the privatisation for Kingston Container Terminal (KCT).
The terminal is currently owned by PAJ and operated by KCT Services Ltd.