Singapore’s PSA plans container terminal at Kakinada port
Singapore’s PSA International Pte Ltd, the world’s top container terminal operator by volume, plans to set up a container loading facility at Kakinada port in Andhra Pradesh as it looks to expand its presence in Asia’s third-largest economy, two people briefed on the matter said.
“PSA has signed a memorandum of understanding with Kakinada Seaports Ltd (the company that operates Kakinada port) for operating a container terminal at the port,” a Mumbai-based port consultant, one of the two people, said, asking not to be named.
PSA International is owned by Temasek Holdings Pte Ltd, the investment fund owned by the government of Singapore.
Kakinada port is located between Visakhapatnam and Chennai ports. Kakinada Infrastructure Holdings Pvt. Ltd is the majority stakeholder in Kakinada Seaports. The port, constructed by the Andhra Pradesh government in 1997, was privatized in 1999.
Kakinada port has the freedom to set rates because it is a port outside the control of the Union government. In comparison, the 12 ports owned by the Union government are regulated by the Tariff Authority for Major Ports (TAMP).
PSA and Kakinada Seaports did not respond to emails sent on Wednesday seeking comments.
Kakinada port loaded 17.961 million tonnes (mt) of cargo in the year ended March 2015.
Builders of a massive, trouble-plagued expansion of the Panama Canal said Thursday they will make repairs after authorities there said it had sprung a leak.
The canal, completed in 1914 to offer a short cut and safer journey for maritime traffic traveling between the Pacific and Atlantic oceans, is undergoing a refit to triple its capacity. The improvement to the 80-kilometer (50-mile) long waterway, which is used by 13,000 to 14,000 ships each year, has been hit by delays and budget overruns.
“Cracks were detected in one of the walls,” said a spokeswoman for the Spanish construction group Sacyr, lead member of the Grupo Unidos Por el Canal consortium responsible for the expansion project. The fissures were found on the canal’s Pacific Locks, the spokeswoman added. “We are working on its resolution.”
The international consortium, which is nearing completion of a third set of locks on the canal, overran its initial $5.25-billion budget, leading to financial disputes with the Panama Canal Authority, the Panama government agency charged with operating the canal.
Originally scheduled for completion last year on the Panama Canal’s centenary, the project is now only expected to be ready in April 2016.
The Panama Canal Authority said Wednesday the builders had informed it of “localized seepage” found in the concrete sill between the lower and middle chamber of the canal’s expanded Pacific Locks.
The consortium said water was seeping through because of “insufficient steel reinforcement,” which had been subjected to extreme stress from testing, the Panama Canal Authority said in a statement.
“The contractor has an obligation to ensure the long-term performance on all aspects of the construction of the locks and to complete the expansion project following the quality standards established in the contract,” it said.
Despite the repairs, the international consortium had “verbally indicated” that it will still complete the project in April 2016, the authority said.
The consortium comprises Italy’s Salini Impregilio, Belgium’s Jan de Nul and Panama’s Constructora Urbana in addition to Sacyr.
The canal handles five percent of global shipping, but needs to upgrade its infrastructure in the face of rival bids for market share from Egypt’s Suez Canal and a new Nicaraguan canal being planned by a Chinese company.
The first three of the world’s largest and most technologically advanced Ship-to-Shore (STS) container cranes and two rail mounted cranes for the intermodal rail facility have been delivered to APM Terminals’ Lázaro Cárdenas (TEC2), now in the final stages of construction at Mexico’s second-largest container port.
Cargo congestion may become a common feature of Nigeria’s major seaports, especially the Lagos Ports Complex and Tin Can Island Ports Complex both in Apapa Lagos over planned closure of the ports by the Maritime Workers Union of Nigeria MWUN, to protest non -payment of their emoluments and other benefits.
The union had a few months ago issued a similar threat to close the ports over the refusal of the management of the Nigerian Ports Authority NPA to pay workers the arrears of their salaries and allowances, which gave rise to negotiations between the leadership of the union and the management of the authority, where it was agreed that the threat be withdrawn.
President-General of the union, Mr. Tony Nted, who spoke with newsmen in Lagos, disclosed that members of the union would embark on a nationwide strike that is expected to shut all port facilities across the nation with effect from Friday to protest non-payment of outstanding six- month salaries and allowances of junior staff, especially tally clerks and security men.
According to him, the leadership of the union is left with the only option of shutting the ports to compel the management of NPA to pay up the outstanding salaries and allowances.. www.hellenicshipp...
Bomin Launches Physical Bunker Operations in Antwerp
The Bomin Group, a leading global physical supplier and trader of marine fuel oil, today announced that it is launching a physical operation in Antwerp, Belgium, called Bomin Belgium BVBA. The expansion significantly strengthens Bomin’s position in a critical European bunkering hub and is in line with the company’s ambitious plans for growth throughout 2015.
Bomin Belgium BVBA consists of a team of four people with significant bunkering experience and strong networks within the local market, providing customers with high quality, efficient and reliable physical bunker supply across key ports.
As part of Bomin Belgium BVBA’s drive to ensure the transparency, accuracy and efficiency of its bunker supplies, the 2009-built bunker barge Vantage has been equipped with a mass flow meter. The vessel has a capacity of 3,500 metric tons, and fast pumping rates to drive speed of service and efficiencies in supply. Customers will have access to a full range of quality products, including IFO 380, ultra low sulphur fuel oil and DMA 0.1 %, with physical deliveries available in Antwerp, Ghent, Zelzate, Flushing and Terneuzen.
Dredging for Port of Bronka a threat to Gulf of Finland
A massive dredging project is under-way on the bottom of the Gulf of Finland in Russia.
The amount of dredging required for the Port of Bronka, a deepwater port under construction south of Kronstadt, is so high that the cloudiness of the water is discernible from space, with recent satellite pictures showing that the cloudy water has dispersed dozens of kilometres west on the Gulf of Finland.
Dredging increases the cloudiness of water and can result in the release of nutrients from the seabed into the sea currents. Toxins absorbed by the seabed can similarly be released into the water.
The impact of the construction project has only been subject to estimates as an international environmental impact assessment has yet to be carried out due to Russia not ratifying the Espoo Convention on the assessment of environmental impacts in a trans-boundary context.
Environmental authorities in Finland admitted to being surprised by the amount of seabed to be dredged as part of the project – a maximum of 28 million cubic metres. www.hellenicshipp...
Possible barge strike at S Korea’s Busan port sparks supply concerns, raises bunker prices
The threat of a possible strike to be led by bunker fuel barge operators on October 5 at South Korea’s southeastern port of Busan has raised concerns about bunker fuel disruption and shored up prices, South Korean traders said Friday morning.
During the Platts Market On Close assessment process Thursday, the South Korean 380 CST delivered bunker fuel grade was assessed at a one-month high of $276.50/mt, up $11/mt from Wednesday.
South Korean 380 CST delivered bunker fuel prices were last higher on September 1, 2015, at $280/mt.
It is understood that the dispute between barge operators and South Korean refiners arose over barge operating fees paid to barge companies that they deemed too low.
Traders said that barge operators and refiners, among other parties, met Thursday in a bid to reach a settlement over the issue, but talks were inconclusive.
“There were no agreements between parties yesterday [Thursday] and while there have been more talks scheduled for today and tomorrow, it’s not going well, so it looks like the strike is going ahead on October 5,” a South Korean trader said Friday morning.
“Refiners are offering bunker fuel cargoes but it’s all subject to barge strikes … they don’t want to offer low prices because they know there’s a high chance of the strike happening, so they are just offering at high prices,” he said.
The duration of the strike at Busan, should it proceed, could not be confirmed Thursday.
Cruse lines with itineraries from Port Canaveral and other East Coast ports whose ships have scheduled stops in the Bahamas have been scrambling to change their itineraries to avoid Hurricane Joaquin.
Among them are five Port Canaveral-based ships — Carnival Cruise Lines' Sensation, Sunshine and Valor, and Disney Cruise Line's Dream and Fantasy.
Generally, the ships are replacing a Bahamas port-of-call with a stop at another port or a day at sea, although the Sunshine is making a more drastic change.
There have been no reports of cruise lines canceling any cruises, according to a database compiled by the widely followed Cruise Critic website.
Cruise Critic reports that ships operated by five cruise lines — Carnival, Crystal, Disney, Norwegian and Princess — have switched up itineraries to avoid Joaquin..
"This does happen every year" during hurricane season, said Carolyn Spencer Brown, editor-in-chief of Cruise Critic. "And it causes anxiety and angst for people" who have scheduled a cruise.
But Brown said those concerns may be overblown.
"The best thing about a cruise during a hurricane event is the ship can move out of the way," Brown said.
The ports of call may change, but rarely is a cruise canceled entirely, she said. www.floridatoday....
ECT - Oldest container terminal in the port of Rotterdam closes
At 3.30 pm on Thursday 1 October, the RPA10, a Port Authority emergency response vessel, saluted the ECT Home terminal. At that moment, the container ship CMA CGM Sambhar was departing from the terminal. This was the last sea-going client of the oldest container terminal in the port of Rotterdam.ECT Home terminal opened in 1967. The terminal became unable to cope with the increases in scale in container shipping. Nowadays, the largest container vessels are 400 metres long and 60 metres wide. This requires deeper docks and larger cranes. ECT is switching cargo handling in the Eemhaven to its two much larger and more modern terminals on the Maasvlakte (Delta terminal and Euromax). The ECT site, covering 65 hectares, will retain its port-related use. The Port Authority has plans to redevelop the site for use by businesses in the vicinity and new activities. It expects to be making further announcements about this in the coming months.
Spanish shipbuilder continues expansion and improvement process at several of its facilities targeting increased productivity
Gondan Shipyard announced it has completed a new stage of improvement and expansion at its facilities in Figueras, Barres and Castropol as part of an investment initiative aiming to bolster its competitiveness in the market by increasing production capacity and reducing construction times.
The shipyard said it completed the enlargement of the blocks prefabrication and steel works workshop at its Figueras facilities by 25 percent and 15 percent, respectively. This, added to an optimization of the production processes, will help lead to increased production capacity.
The manufacturing workshop has also been expanded by a 30 percent, enabling the addition of new fabrication and isometric piping welding posts, which will increase production capacity andimprove quality.
Moreover, a 300-square-meter two-storey multipurpose workshop has also been built in the outfitting area. www.marinelink.co...