Spanish firm Sacyr denies halting work on Panama Canal
The Spanish building company leading the expansion project on the Panama Canal has denied that work at the waterway has been halted. The president of Sacyr, Manuel Manrique, said no date had been set for construction work to stop. The Panama Canal Authority and the building companies involved are engaged in a dispute over who should foot $1.6bn (£1bn) in extra costs. The consortium says 10,000 jobs are at risk, but the canal's authority says it will not "yield to blackmail". Earlier on Feb. 6, the Panama Canal Authority (ACP) announced that talks with the Spanish-led consortium behind the project had broken down. The Canal Authority also said that work had been halted at the site.
Port of Nacala in Mozambique to undergo renovation
The first phase of renovation work at the port of Nacala, in Mozambique’s Nampula province, is due to begin in March and the contract for the work was awarded to Japanese company Penta-Ocean Construction Co Ltd, Mozambican daily newspaper Notícias reported. The contract was signed last Thursday in Tokyo with Penta-Ocean Construction, one of the most important marine construction companies in Japan, which was selected in a tender launched in Japan as part of the country’s cooperation with Mozambique. The work is expected to cost US$24.8 million and involves paving the patio of the current general cargo terminal, repairing the concrete structure of the northern dock, and reinforcing the pillars and the surface of the northern dock area.
The contract includes modernisation of the current liquid fuel terminal and installation of a fire fighting system, as well as acquiring port handling equipment such as industrial forklifts and container gantry cranes.
Mormugao Port Trust handles its largest cargo vessel ever - MV Dhun
Mormugao Port Trust (MPT) received its largest cargo carrying ship till date, the MV Dhun, on February 2. The Japan-manufactured ship brought around 104000 tonnes of cargo. The entire cargo will be dispatched from the port in less than three days by rail, said MPT officials. MPT's chairman P Mara Pandiyan visited the ship along with senior port officials, officials of South West Port Limited and ship agent Manubai Thakkar of Hiralal & Company. Pandiyan congratulated all the crew members of the ship for their efforts in bringing the large vessel into the port. He also assured them that the port would extend all cooperation in receiving larger vessels.
New container terminal in Odesa port will accept first ship in April-May
The new container terminal at Odesa maritime merchant port, which is under construction in the Quarantine Mole, will accept its first ship in April-May 2014, Infrastructure Minister of Ukraine Volodymyr Kozak has said at a briefing in Kyiv.
As reported, in May 2013 Kozak forecast that the terminal would accept the first ship in the autumn of 2013.
"Now we are building the first phase of the terminal in the Quarantine Mole jointly with a German company with the 50:50 financing. Investment in 2013 will be about UAH 2 billion," he said.
It was planned to use these funds for the construction of two berths with a total length of 650 meters, the creation of 112,400 square meters of warehouses, 405 jobs and increasing container traffic in the port.
The project of the construction of a container terminal in the Quarantine Mole at Odesa port, which began in April 2010, is being implemented by HPC-Ukraine, which operates the terminal with a capacity of 700,000 TEU, and the construction of the Quarantine Mole terminal is a project to expand the existing one.
A 100% stake in HPC-Ukraine is owned by Hamburg Port Consulting, which, in turn, is a subsidiary of Hamburger Hafen und Logistik Aktiengesellschaft (HHLA, Germany).
Port Services Corp, Abu Hakeem sign MoU to develop Port of Khasab
Port Services Corporation has awarded the contract for construction of various structures such as cargo platform, Operations Office, prayer hall, restaurant and rest room facilities at Port of Khasab in the Musandam Governorate, to M/s Abu Hakeem International LLC. These facilities were required after assessing with Ministry of Transport and Communications and other related authorities, the current situation and need for improvement in the services to the commercial boats and cruise vessels calling Port of Khasab. This is in line with Port Services Corporation’s obligation to enhance facilities at Port of Khasab as per their Memorandum of Understanding (MOU) with Ministry of Transport and Communications.
SCI ready to operate container service to Myanmar if Govt grants subsidy
Shipping Corporation of India is ready to run container ships regularly between India and Myanmar within a month. But this is subject to the Government agreeing to pay ₹30 crore annual subsidy for the service, as it is expected to be loss-making.
SCI, being a listed company, is answerable to shareholders for starting a loss-making service, particularly at a time when the company is already incurring losses. In the first half of this fiscal (2013-14), SCI recorded a loss of ₹222 crore.
At present, there are no liner services between India and Myanmar. As a result, ships ply between the two countries only when full cargo is available.
Liner service is time-table based, which means ships have to run even if there isn’t enough cargo. The firm proposes to run the direct service as a part of India’s efforts to increase trade with Myanmar.
Prabir De, Senior Fellow, Research and Information System for Developing Countries (RIS), estimates that India-Myanmar trade has the potential to touch $8.9 billion by 2015, an almost five-fold increase from the $1.87 billion in 2012.
As per the plan, SCI will run a ship with capacity to carry 1,500 twenty feet equivalent unit (TEU) containers every fortnight, say official sources. The ports of call will be Yangon (Myanmar), Chennai (India) and Colombo (Sri Lanka).
Southampton Western Docks receives four new cranes
Monday, 03 February 2014 Cranes worth £26m are being rolled into place at a new Southampton quay wall. The four 1,300-tonne, 126m (413ft) high gantry cranes were assembled at the container terminal and are being moved 150m (492ft) to the Western Docks on remote-controlled trailers. Port Director Nick Ridehalgh said they would service the next generation of ultra-large container ships. Each crane was shipped in several parts from Ireland and can reach across ships 24 containers wide. A fifth is due to be relocated from an existing berth to complete the £150m expansion of the terminal.
Sohar container terminal likely to be ready by first half of 2014
The Sohar Port is investing more than $100 million to prepare an integrated container terminal with a capacity of 1.5 million containers. The terminal is expected to be operational in the first half of 2014, according to an official. HE Sultan Bin Salim Al Habsi, Secretary-General of the Supreme Council for Planning and Chairman of Sohar Industrial Port, said the port is ready to receive all businesses transferred from Port Sultan Qaboos. He added that in 2013, the port managed to receive more than 200,000 containers. At present, the port has a capacity of 800,000 containers. He added that the Sohar Port is ready to receive all business and meet the needs of the remarkable growth of the volume of cargo and marine activity, adding almost 80 per cent of the first stage of the free zone has been already leased.
Citadel unit to launch container service between Port Said and Suez
The National Company for Multimodal Transport (NMT), a unit of top investment company Citadel Capital, has announced plans to start a new container transshipment service between Port Said Port and Sharq Al-Tafrea on the Suez Canal.
NMT is an Egyptian holding company under Nile Logistics, Citadel Capital’s platform for investment in the river transportation sector.
Citadel Capital said NMT has begun to transport containers via river barges between the Port Said and the Suez Canal container terminal / SharqAl-Tafrea, including a naval service bay at the Suez Canal.
A successful trial carried out by NMT has proven that inland barges can transship containers between both port terminals in less than one hour compared to a minimum of 4-6 hours on average by truck convoys, said the company in a statement.
The new container transshipment service is the result of close co-operation between Citadel Capital, the Suez Canal Authority, and various government bodies at the Ministry of Transport to capitalize on the untapped potential of environmentally friendly, fuel-efficient river transport solutions across the region, it stated.