Hamburg Port: Economic Development Meets Expectations
Klaus-Dieter Peters, Chairman of HHLA’s Executive Board, on developments in the first quarter: “Given the ongoing challenges in the operating environment, the performance of Hamburger Hafen und Logistik AG in the first quarter was in line with our expectations. The throughput volumes at our container terminals did decline in comparison with the positive first quarter of 2015, but they increased against the fourth quarter of 2015. As a result, we believe that volumes in the Container segment have bottomed out and anticipate stable development for the rest of the year. Our intermodal companies once again recorded a pleasing development in container transport. Due to another increase in rail traffic, they climbed by 2.4 % against the same period of the previous year, which already saw excellent results. The Intermodal segment by now contributes approximately 40 % to the consolidated operating result. This confirms our decision to expand the Intermodal segment to become the Group’s second strong pillar.”
Work begins on Galloper Wind Farm project at the Port of Lowestoft
The starting gun has been fired and work is underway on one of the biggest renewable energy projects on the East coast at ABP’s Port of Lowestoft, the company said in its press release.
The port is now home to the offshore construction coordination base for the Galloper Wind Farm project, which commenced work on site in April. The wind farm will be constructed 27km off the Suffolk coast with 56 of the world’s largest wind turbines providing energy to UK homes.
Over the next two years, 40 personnel from the Galloper Windfarm Ltd (GWFL) and their contractors will be based at the port while the construction phase of the project is underway.
ABP’s Port of Lowestoft has positioned itself a renewable energy hub with other offshore wind farm projects utilising port infrastructure for their operations. The port supports around 1,200 jobs and contributes around £80 million to the economy. en.portnews.ru/ne...
London Container Terminal in Tilbury today (11th May) welcomed the arrival of their eight new Kalmar straddle carriers aboard the specialist vessel the BBC Nordland as part of the port’s growing container business.
The eight Kalmar ESC450W carriers have been made with specifications to match the 14 straddles acquired in 2013 to ensure consistency in the fleet. The new carriers have a 50tonne load carrying capacity with twin-lift spreaders capable of handling the full range of container sizes.
APM Terminals signs crane extension contract for Pier 400 Los Angeles
APM Terminals has signed a contract for the enlargement of 10 STS cranes, including the raising of the overall height, and extension of the crane boom,to accommodate Ultra-Large Container Ships (ULCS) of up to 20,000 TEU capacity, the company said in its press release. The contract was signed at a ceremony held at the APM Terminals Pier 400 Los Angeles facility,the world’s largest proprietary container terminal, by representatives of APM Terminals and Shanghai-based ZPMC, which has been selected to perform the crane modifications on the terminal’s existing Noell STS cranes. After the modifications designed by the original crane manufacturer, Terex-Noell, the 10 STS cranes will become the tallest in the USA.
Genting Orders Two 201,000-Ton Ships for Star Cruises
As part of a big ship order with Lloyd Wert Group, Genting Hong Kong today announced two newbuilds for Star Cruises for 2019 and 2020.
In addition are six river ships (up from four) for Crystal, a 100-passenger yacht and a 1,000-passenger cruise ship, also for Crystal, both of which had been previously announced.
The Star ships will be the Global Class for "worldwide" cruising at 201,000 tons and 5,000 lower berths.
They are being designed and built for the Chinese market. “We are pleased that Genting chose Lloyd Werft Group for the construction of their new vessels as the company has built all but one of its new cruise ships in Germany for the Star, Dream and NCL brands due to the company’s desire for quality-built cruise ships,” said Rüdiger Pallentin, the Managing Director of Lloyd Werft Group.
DP World signs $442m joint venture with Somaliland
DP World, the port operator with terminals from Brazil to China, has signed an agreement with the government of Somaliland to co-invest $442 million (Dh1.62 billion) in the Port of Berbera.
The two parties have signed a term-sheet agreement to form a joint venture company that will “invest and manage” and transform the port into a “regional and logistic hub,” according to DP World statement sent to Gulf News on Wednesday.
It is understood the agreement was signed during a recent visit to DP World’s offices in Dubai by Somaliland officials.
Somaliland’s President Ahmad Mohammad Mohamoud was reportedly in the UAE last week. Somaliland is an autonomous and impoverished region in the Horn of Africa.
The agreement is non binding but sets the basic terms for the investment that includes investing $442 million in the port “over time.”
Richardson Doubles Capacity At Vancouver Port Terminal And Sets Shipping Records
Richardson International Limited has nearly doubled the storage and receiving capacity of its export terminal in North Vancouver following the successful completion of a $140-million expansion project.
Richardson added an 80,000-metric-tonne concrete grain storage annex to its terminal, increasing storage capacity to 178,000 metric tonnes. The terminal now has the ability to handle in excess of six million tonnes each year to meet growing demand for Canadian grains and oilseeds. Richardson also upgraded and enhanced its rail yard and receiving system to handle and process railcars more efficiently.
Building the new grain storage annex was no easy feat. Not only was it challenging to construct the new annex on a narrow strip of land along the North Vancouver waterfront, Richardson’s terminal remained in full operation while construction took place. www.hellenicshipp...
Cosco Pacific announces acquisition Of Equity Interest In Euromax Container Terminal In Rotterdam
he Board is pleased to announce that CPR (a wholly-owned subsidiary of the Company, as purchaser) and the Company (as guarantor of the purchaser and co-principal debtor with the purchaser for payment of the consideration) entered into a Share Sale and Purchase Agreement with ECT Participations (a wholly-owned subsidiary of ECT, as seller of the Sale Shares) and ECT (a subsidiary of HPH, as seller of the Sale Loan and guarantor of ECT Participations and co-principal debtor with ECT Participations) on 11 May 2016 to acquire a 35% equity interest in Euromax, which is wholly owned by ECT Participations. The consideration for the Acquisition comprises of €41.43 million for 35% of the share capital of Euromax and €84 million for 35% of the shareholder’s loan of €240 million owing by Euromax to ECT, and therefore amounted to a total of €125.43 million.
Euromax is principally engaged in the business of operation of Euromax Terminal Rotterdam, which is located at the area of Maasvlakte I of Port of Rotterdam in the Netherlands. Euromax Terminal Rotterdam is an automatic container terminal which commenced operation in mid-2010. It offers terminal and related services to a number of shipping lines and hinterland transport operators. Source: Cosco Pacific
President Recep Tayyip Erdoğan will attend the opening ceremony tomorrow of one of Turkey’s most important container terminals, Dubai Port (DP) World Yarımca in Kocaeli.
While the preparations for the opening are in progress, DP World Yarımca will be the first port to have a truck parking system within reach of a Turkish harbor.
Spread across 46 hectares in Kocaeli’s Gulf district, more than $600 million has been invested in DP World Yarımca so far. Four 87-meter-high pier cranes brought from China on by ships were installed in the port. These Electrified Rubber Tyred Gantry Cranes (E-RTG) will be used for handling containers, and according to Hürriyet daily, very few container terminals around the world have them. Moreover, DP World Yarımca will be the first terminal in Turkey to use them. They feature a remote control system that enables them to be operated from 1.5 kilometers away.
DP World Yarımca will be managed by the world’s third-biggest container operator, Dubai-based DP World. The company operates more than 65 terminals in 60 countries on six continents.
Source: Daily Sabah
Workers set to push ahead with strike at major Argentina grains port
Workers at the Rosario grains export hub in Argentina will go ahead with plans to start a strike on Friday, May 13 to demand higher salaries, a union leader said.
Reuters has seen a copy of a letter written by the country’s labor ministry asking workers at the port, the largest in one of the world’s top grains producers, to call off the strike.
However, Edgardo Quiroga of the local San Lorenzo branch of the CGT union said the group had not heard from the government and would begin striking for an indefinite period from Friday.
“We still haven’t received anything. The strike will start at midnight and tomorrow we will hold an assembly meeting,” Quiroga said, adding that the situation could change after discussions during the union meeting.
Rosario handles about 80 percent of Argentina’s grains exports. San Lorenzo covers the northern districts of the Rosario hub where multinational companies like Bunge Ltd, Cargill and Louis Dreyfus Commodities BV have crushing plants and ports. Source: Reuters