Ukraine to Close Ports in Crimea for International Shipping
The confrontation between Ukraine and Russia is moving from Eastern Ukraine, where the rebels are on the back foot, to the Black Sea.
The Ukrainian Ministry of Infrastructure released a note on Monday morning, saying that the country is about to close the ports located on the territory of the Autonomous Republic of Crimea (Evpatoria, Kerch, Sevastopol, Feodosia, Yalta and Sevastopol) for international shipping.
‘The corresponding decree of 16 June, 2014 № 255 “On closing of the seaports,” registered in the Ministry of Justice on 24 June, 2014, № 690/25467, will come into force after its official publication,’ Kiev said.
The Port of Tauranga is poised to become the New Zealand hub for big ships, taking business away from all its competitors.
The Australian investment research company, Morningstar, says Port of Tauranga is the most productive port company in Australasia.
Morningstar says barring any downturn in the Chinese housing market, or significant slowdown in global trade, the port will continue to strengthen its dominant position in both the North and South Islands.
Analyst Nachi Moghe said the company had made all the right decisions in positioning itself for future growth.
He said the port has a dominant position for logs and is growing in the container business. Mr Moghe said it is also the lowest cost operator in the business as far as containers and logs go.
He said it is a well run and well managed company which thinks ahead and so is proactive.
Mr Moghe said it was likely that in the future there would be consolidation of cargo in New Zealand and Port of Tauranga was best suited to be the hub port in New Zealand.
New liquids terminal to be built at Colombia’s Port of Barranquilla
A new, 528,000-barrel refined products and crude oil storage terminal is to be built at the Port of Barranquilla, Colombia.
Latin American terminals group Grupo Coremar and midstream energy company Zenith Energy have been awarded a construction contract for the first phase of the terminal.
Included will be a new 50,000 dwt ship dock, 6-lane truck racks, as well as accompanying infrastructure.
Palermo Tanks will hold a permitted storage of up to 2.5 million barrels for third party merchant storage, allowing for the acceptance of clean products, crude, asphalt, vegetable oil, and petrochemical streams, to and from a 50,000 dwt dock with approximately 12.5m of draft alongside.
The facility is being constructed within Grupo Coremar’s 426-acre Palermo Port Society development; the Port offers a variety of dry, break bulk and liquids services. The Palermo Port Society development is located alongside the Magdalena River, with quick access to Colombia’s national highway network.
Strike at US West ports: Teamster walkout could disrupt economy ‘far and wide’
08/07/2014 - About 120 truck drivers for three transport companies have walked off the job at the ports of Los Angeles and Long Beach. The drivers claim the companies are treating them unfairly and have intimidated them.
The Southern California ports are among the busiest in the world. A wider, prolonged work stoppage could have a significant impact on the economy because the ports are responsible for more than 40% of imports coming into the United States. “Everybody uses those ports… retailing, manufacturing, agriculture,” said Jonathan Gold, a supply chain expert for the National Retail Federation, a trade group.”They are very important ports and disruptions will be felt far and wide.” The drivers, considered non-unionized independent contractors, are backed by the powerful Teamsters union. They say the strike will go on until their demands are met. Union spokeswoman Barbara Maynard said the three transport companies being targeted are Total Transportation Systems, Pacific 9 Transportation, and Green Fleet Systems. A statement from Justice for Port Truck Drivers — a group that’s part of the Teamsters — said port truck drivers receive pay that’s below minimum wage. They “are on the front lines of the fight for a fair day’s pay for a hard day’s work,” the statement said.
OICT enhances Terminal C capabilities at Sohar Port
Oman International Container Terminal (OICT) has successfully completed the complex, month-long task of moving its massive quayside cranes together with other container handling equipment from its old terminal at Sohar Port to its state-of-the-art Terminal C.
Four post-Panamax cranes, each weighing a mammoth 1,050 tonnes and eight rubber-tyred gantry cranes (RTGC) were relocated from the old Terminal B to OICT’s new high-tech terminal which became operational in May.
Riyadh Dry Port activity to double with a new terminal
The volume of containers at Riyadh Dry Port is expected to double with a new port – PSA King Abdul Aziz Sea Port Terminal 2 – coming up in Dammam, said Sheikh Bader Al Suweidan, President & CEO of BAAS International Group (BIG).
After two years of operations at Riyadh Dry Port, BIG plans for a bigger and better future, Al Suweidan said, adding: “My goal will be to make a sizable difference to the growth of Riyadh Dry Port thereby contributing to the overall economy of Riyadh Central Province and to the Kingdom of Saudi Arabia.”
The future plans include the whole yard to be reconstructed and newer equipment like RTG’s Rubber Tired Gantry Cranes and Terminal Tractors (TT) to be commissioned to facilitate the growth. A new export section at Riyadh Dry Port will facilitate traders and exporters in Riyadh to export products. In May 2014 Riyadh Dry Port handled 30,749 TEUs. No other operator has ever achieved this figure in the past 32 years except Baas Ports Services. And, on June 5, the dry port achieved a new record of delivering 987 containers in a single day. This is the highest rate of delivery ever since 1982 when the port started.
BIG purchased new equipment – 6 New Straddle Carriers and 9 New Reach Stackers – to facilitate faster movement of containers inside the port.
Egypt’s Suez Canal sees highest revenues since opening
Egypt’s vital waterway saw the highest annual revenue in its history in the fiscal year 2013/14, the Suez Canal’s head said this week. According to Mohab Memish, the Egyptian canal brought in a whopping $5.3 billion (LE37 billion), the highest revenues since its opening in 1869 and representing a 5.5 percent increase from the last fiscal year.
The artificial waterway which connects the Mediterranean and Red Sea saw around $5.2 billion in revenues during the fiscal year 2012/13, official data showed. Source: Ahram
Heavy rains cuts road access to Ivory Coast’s port of San Pedro
Road damage caused by weeks of heavy rainfall is hampering access to top cocoa grower Ivory Coast’s port of San Pedro, threatening to cause congestion at the port Abidjan as it moves to take up the slack, exporters said. Located in the west near the main growing regions, San Pedro – traditionally Ivory Coast’s second port – has emerged in recent years as the primary export point for Ivorian cocoa. Last season it shipped 55 percent of the country’s output, according to the Coffee and Cocoa Council. The main road linking San Pedro to Soubre, Duekoue, Guiglo and Meagui – among Ivory Coast’s most productive cocoa regions – has been closed since last week when flooding created sinkholes that swallowed large segments of the tarmac.
The road closing have already had a major impact on arrivals to San Pedro. “According to our figures, there have been around 7,500 tonnes of arrivals to San Pedro this week, compared to an average of 18,000 in the previous weeks,” one exporter told Reuters.
Maersk Line will make its third trial call at Kattupalli International Container Terminal on July 8. Sea Land Champion will arrive at Chennai from Tanjung Palepas (Malaysia) and then go to Kattupalli Port, developed by L&T Shipbuilding, to the north of Kamarajar port in Ennore.
From Kattupalli, the ship will head to Visakhapatnam, and then return to Tanjung Palepas, according to sources. L&T Shipbuilding Ltd has developed an integrated shipyard-cum-port with an initial annual capacity of 1.2 million 20foot equivalent unit at Kattupalli. It has entered into a management contract with ICTSI for the operation of the container terminal. The terminal was inaugurated by Tamil Nadu chief minister J Jayalalithaa in January last year.
Source: Hindu Business Line
Maiden Call of CMA CGM’s Newest Line of Ships at Busan’s Newest Terminal
BNCT welcomed the maiden call of CMA CGM Danube on Saturday, 5 July. She is the first of a series of 28 ships from 9,400 TEU to 10,900 TEU which will be delivered from now to the third quarter of 2016 built at Dalian, China. The Danube begins duty on CMA CGM’s BEX service connecting Asia, Turkey and the Black Sea realizing CMA CGMs investment to strengthen services on North South trades. BNCT Co., Ltd. is an independent full-service container terminal with an initial capacity of 1.8 million TEU increasing to 2.5 million TEU by May 2015. As the most advanced terminal in Korea and the 1st vertical-automated in Asia, BNCT can berth 4 of the world’s largest container vessels simultaneously at 1,400 meters of Quay with 16-17m water draft with the biggest and most technologically advanced equipment to match.